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6 Tips for Spying on the Competition: How Observing Your Industry can Drive Success

Buckle up. It’s competition time. We’re diving headfirst into the thrilling world of competitive analysis (AKA doing a little sleuthing), a surefire way to sprinkle some excitement and innovation into your content creation journey.

Why It’s a Win: The Spicy Value of Competitive Analysis

  1. Stay Trendy: Just like staying ahead of the latest fashion trends, it’s super important to keep up with what’s popular in your industry. Following other content creators in your niche gives you a front-row seat to the ever-evolving content catwalk, helping you stay fresh and relevant. Keep an eye out for the latest sounds, photo/video techniques, and content trends.
  2. Lessons from The Good, The Bad, and The Ugly: Consider this: free lessons in content creation delivered directly to you! By observing which content hits the bullseye or flops miserably, you can gain invaluable insights. Take note of what posts in your space are being shared a lot, getting more engagement, and which one aren’t. This way, you can create content that not only talks to your audience but really engages and resonates with them.
  3. Catalyst for Creativity: Guess what? Creativity doesn’t always have to be a “Eureka!” moment. It’s often hidden in the pages of someone else’s book. Peeking into your competitor’s world can light up your creativity bulb, leading to an explosion of fresh and innovative ideas. Browse with the intention of finding inspiration.
  4. Spot the Void: Playing detective in the realm of content creation can unearth hidden opportunities. A detailed competitor analysis may reveal gaps in your space that are just waiting for your unique touch. Voila! You’ve carved out a niche where your content can shine, setting you up as the game-changer in your field.

How To Be the Sherlock of Your Industry: Practical Steps for Effective Competitive Analysis

  1. Identify Your “Content Frenemies”: Kickstart your investigation by identifying your direct and indirect competitors. Look out for creators whose content vibes with yours or shares the same audience. Don’t just stick to the big guns – the rising stars may have fresh tricks up their sleeves!
  2. Dissect Their Content: Once you’ve lined up your suspects, it’s time to get to work. Study their content inside out – the topics, format, frequency, and most importantly, how their audience reacts to it. Sleuthing tools like Buzzsumo or SimilarWeb can be your faithful sidekicks in this mission.
  3. Audience Engagement is Key: The truth lies where the audience’s heart is. Keep a keen eye on the comments, shares, and likes on your competitors’ content to unlock the secret to winning your audience’s love.
  4. Decode Their SEO Strategy: Let’s get technical! Examine the keywords your competitors are targeting and how they’re faring in the search rankings. Digital detectives like SEMRush, Moz, or Ahrefs can prove to be handy allies.
  5. Track Their Social Footprints: Social media platforms are a goldmine of information about your competition. From their content strategy to audience interaction, to the types of posts that get the most love – it’s all there waiting for you to discover.
  6. Unravel Their Branding: Dive into their overall branding and messaging. Is their tone appealing? How does the audience perceive their brand? Is there a unique element to their branding that you can learn from or maybe even better?

Being a content creator is about painting your own masterpiece, not duplicating others’.

But observing and learning from other creators in your space can offer valuable insights to refine your craft, fuel your creativity, and strengthen your content strategy.

Remember, competition isn’t something to fear; it’s a ladder to your content’s success.

So, embrace it, learn from it, and let it guide you to your content triumph!

Kim Doyal

Kim Doyal

Hi, I'm Kim Doyal: Entrepreneur, Podcaster, ContentCreator, Optimist. Over 13 years into this online business journey, I believe that #EverythingIsContent and we can all #JustShowUP. Creator of #FtheHustle movement and Co-founder of the Content Creators Planner.

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