Nexus Expert Research

How to Research Competitors Different Marketing Strategy​

In order to research the marketing strategies of your competitors, you need to be able to identify direct and indirect competitors using Google searches and industry directories. Then, analyze how your competitor is marketing its products by studying its websites, social media presence, SEO performance, ad campaigns, and customer feedback on the products. 

To search and discover the search term, use tools such as SpyFu, SimilarWeb, and BuzzSumo to get data about the keywords, traffic, and the performance of content. Finally, perform a SWOT analysis to bring findings into order and outline strategic opportunities for your business.

Step 1: Identify and Define Your Competitors

The basis of proper competitor research marketing begins by determining who you’re up against in your market space. Your competitive landscape has several types of competitors that need different ways of analysis.

Competitor TypeDescriptionExample
Direct CompetitorsOffer same products/services to same audienceToyota vs Honda
Indirect CompetitorsSolve same problem differentlyCar dealership vs Uber
Legacy CompetitorsEstablished players with strong brand equityTraditional industry leaders
Emerging CompetitorsNew entrants innovating rapidlyStartups and disruptors

To find your competition, you should search on Google using your core product or service terms. Review industry directories, look at your own sales team’s feedback regarding brand prospects mentioned, and analyze your own sales data to see if there are patterns.

Step 2: Do the Document Analysis of Their Digital Marketing Presence

Once you have identified key rivals, look at their holistic digital footprint using systematic competitive marketing analysis techniques:

Strategies Website and Content

Visit competitor websites and look at their homepage messaging, value propositions, and content hubs. Note what type of topics are their priorities, how often they publish, their information structuring, etc. Look at their blog categories, downloadable resources, and lead magnets to get a sense of their content marketing funnel.

SEO Performance Assessment

Check their core keywords, organic rankings, and backlink profiles (tools such as Ahrefs, SpyFu or SEMrush are more suitable for the task). Understanding their SEO strategy can give access to their resources for understanding what keywords they’re targeting for their organic traffic. Look at their title tags, meta descriptions, and on-page optimization strategies so that you can learn from their technical strategy.

Social Media Monitoring

Follow competitor accounts on various platforms to see the engagement rates, content formats, post schedules, audience interactions, etc. Note the platform(s) they favor and what messaging elicits the best response from the community. Follow their hashtag strategies and influencer partnerships.

Step 3: Assess Their Paid Advertising Strategy

Monitoring paid campaigns offers first-hand insights into what messages competitors are prioritizing and spending their budgets on:

Google Ads Analysis

Use tools such as Adbeat or SpyFu’s Ad History tool to learn what keywords are most trusted by your competition and what ad copy has run the longest. Their consistent ad investments show them their most lucrative customer acquisition channels.

Display Advertising

Take note of banner ad placement strategies, retargeting strategies, and ways to deliver visual messages. Understanding their creative pattern of testing is helpful in order to see what resonates with shared audiences.

Social Media Ads

Track promoted posts, sponsored content, and campaign messaging for Facebook, Instagram, LinkedIn, and others relevant to your industry.

At Nexus Expert Research, we support businesses in decoding competitor advertising patterns to identify areas of untapped opportunity in order to optimize marketing spend efficiency.

Step 4: Collect Qualitative Customer Insights

Beyond the numbers, a closer look with competitor analysis methods, qualitative research is employed to gain deeper positioning intelligence:

  • Subscribe to newsletters to track the cadence of email marketing, promotional offers, and messaging evolution.
  • Read customer reviews at Google Business, Trustpilot, G2, or based on your business, to see what service gaps and drivers of satisfaction are.
  • Monitor social listening tools to understand brand mentions, patterns of sentiment, and conversations in the community.
  • Analyze customer testimonials on the websites of competitors to know what benefits they are emphasizing.

Step 5: Evaluate Their Pricing and Value Proposition

Understanding your competitor’s pricing structures and making value communication helps you place your offers strategically. Analyze their pricing strategies, bundling strategies, discounting strategies, and the way in which they justify high positioning.

Analysis AreaWhat to ExamineStrategic Insight
Pricing StructurePremium, discount, bundlesMarket positioning
Value PropositionBenefits, outcomes promisedDifferentiation opportunities
Supporting DataClaims, case studies, testimonialsCredibility factors
Customer FeedbackReviews, complaints, praiseService gaps to exploit

Analyze what competitors explicitly promise their customers value-wise, what evidence they present and how (case studies, data, reviews, testimonials, social conversations), and how their customers react.

Step 6: SWOT Analysis and Strategy Planning

Consolidate your results of the competitive market analysis in the SWOT framework:

  • Strengths: Document where each competitor does an excellent job in terms of cost-quality of documents, SEO rankings, customer service, speed at innovation, or price-competitiveness.
  • Weaknesses: Identify weaknesses such as poor user experience, feature limitations, poor reviews, and inconsistent messaging that provide opportunities for differentiation.
  • Opportunities: Learn about some underserved market segments, emerging distribution channels, content gaps, or keyword territories your competitors haven’t claimed.
  • Threats: Identify competitive moves or shifts in the market or technology that may affect your market position if not considered.

Why Competitor Marketing Strategy Analysis Matters

Understanding how your rivals attract customers is now non-negotiable for business growth. A strategic competitor marketing strategy analysis assists decision-makers, VCs, start-ups, and small to medium-sized businesses in finding opportunities in the market, avoiding expensive mistakes, and accelerating growth trajectories.

Companies that systematically examine their competitive marketing tactics gain competitive intelligence to develop more intelligent positioning, pricing, and promotional decisions. It is a proactive approach that turns market insights into revenue-generating action.

Make Competitor Research Ongoing

Markets fluctuate quickly, and constant checking of your competitors is key to long-term success. Establish quarterly review cycles with Google Alerts for competitor brand names, as well as monitoring their advertising using specialized tools to keep current intelligence.

Turn Competitive Intelligence Into Market Leadership

Nexus Expert Research provides actionable insights and expert-driven market research that can help businesses leverage competitive intelligence for strategic growth. 

Contact us to find the unknown opportunities in the market and create the competitive advantages your business needs to take over your industry.

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