A lot of people who use Google never realize how powerful of a tool it can be in terms of gathering intelligence about your market competitors. Google search has a wealth of built-in features which can help you dissect your competitor into organ pieces.
To be dominating your industry sector, you must know what your competitors are doing and how they are doing it. Once you have all those facts, you can then devise your own evil plot to rule the world.. wait, maybe not the world, but at least rule your industry!
Just like a popular cartoon back in the 1980s, “Knowing is half the battle!” To one up your competitors, you must know what and how they are doing it then you can either mimic success or develop your own methods to stomp them out. Below are the methods that can help you achieve this feat:
Explicit phrase
At the time of writing, the search phrase
SEARCH: wedding caterer
fetches approximately 1,620,000+ results. Not as high of a count as some other popular phrases but nonetheless high. Though the phrase ‘wedding catering’ fetched that many results because it basically asked Google to search for any site that has these two words on the same page and never mind if they’re not grouped together. This presents somewhat of an inaccurate representation so to further laser target our phrase we can add in the quotes around the search phrase. By issuing this:
SEARCH: “wedding caterer”
Notice now that phrase has quotations in the search field, we get approximately 306,000 results as of this writing. Still high, but now we know for sure those 306,000 results all have the exact phrase of “wedding caterer” somewhere on their page or that they’re optimized for that phrase. How can you use this to do competitive analysis? Well, say you’re in the wedding catering business, now you know who your top 10 competitors are. Give it a try!
Exclude words
You can further laser target your search result by adding in exclude words. Say your search phrase is “wedding caterer” but you really don’t want any buffet caterers, you can simply do this:
SEARCH: “wedding caterer” –buffet
Notice that “-buffet?” Now the search result will exclude any caterers that specialize only in buffet. By issuing that search, our previous 306,000 results have reduced down to 139,000 results as of this writing. Are you beginning to realize the power?
Synonyms
This is also a very powerful method in that you can add synonyms to your search. Here’s an example:
SEARCH: “wedding caterer” –buffet ~professional
That ~ (tilde) symbol is to signify that the word following it should be a synonym. That search string yielded approximately 65,900 results.
There you have it, three powerful tips for you to put to immediate use today to start gathering intelligence on your competitors/industry or just for doing market research on your own business.
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