In B2B marketing, analysing your competitors’ content can uncover valuable insights to help inspire new ideas, highlight opportunities for differentiation and steer your content strategy in the right direction. It's a great way to make sure your efforts are on track and set up for success.
Here’s how to do a competitor analysis swiftly and accurately in four simple steps:
1. Make a list of your main competitors
The foundation of your competitor analysis is identifying your serious competition, in two stages. First, make a list of your direct competitors; businesses that offer similar products or services to you. Then, expand your list to include any indirect competitors; those who offer different products to you but target the same audience or fulfil a similar need. Consider, as well, any websites that consistently publish content relevant to your industry. These sites can compete for your audience’s attention, so it’s important to track their content and messaging.
2. Seek out any content gaps
Having identified your competitors, delve into their content to see what topics they cover and, more importantly, what influential areas their coverage misses. You’re on the lookout for subjects that are underrepresented or not covered at all, yet are highly relevant to your audience. These gaps become prime opportunities for you to create motivating content to address unmet needs while positioning your brand as a valuable resource. Analyse the formats and depth of their content, too, and consider deploying different formats for greater standout.
3. Evaluate competitors’ content quality and engagement
Evaluating content quality and engagement involves assessing the depth, accuracy and presentation of your competitors' content. Look at how well they cover topics and whether their content is informative, engaging and visually appealing.
Equally important is analysing their audience engagement by measuring likes, shares, comments and other interactions to gauge what resonates with their (and potentially your) audience. Identify their top-performing content to understand what drives engagement and why, and also analyse underperforming content to learn why certain pieces fail to engage and learn what to avoid from that. The result will be a better grasp of any areas where your content could improve in quality and deeper insight into how you could boost engagement.
4. Plan to do it better
The final step is to pull all this knowledge together and make a plan. If you're going to cover the same topics, make sure you do it better by offering more detail, presenting it more clearly or adding more valuable and influential expertise. This will help you increase the effectiveness of your content, improve your SEO and increase your engagement, delivering a content strategy that’s more effective and competitive.
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At asabell, we specialise in conducting thorough competitor analyses to help you stay ahead of the game. Our team is dedicated to uncovering valuable insights and crafting strategies that give you a competitive edge. Get in touch with us today to learn how we can enhance your content marketing efforts.