7 Free Ways to Research Your Competitors on Social Media

Competitor research is an important part of marketing and social media planning.

Why Do You Need Competitor Research?

You can endlessly try different strategies, search for new ideas to bring your social media into life or rely on your experience and intuition, but you can also increase your chances by analyzing your competitors’ work. You will get a full picture of what is worth trying and what’s not. It’s always best to learn from others’ experience. So, you need social analysis for the following reasons:

  • Understand which brands in your industry are powerful competitors
  • Compare social media strategies and tune yours
  • See what is viral in your industry and what topics create the most buzz
  • Come up with new ideas for your posts
  • Define real influencers who are collaborating with your competitors
  • Learn from others’ mistakes and avoid making them yourself

Find Out Who They Are

All the data you can collect on competitors is worthless if you don’t know what to do with it. Nevertheless, to analyze this data, you need to find out who your competitors are.

Ask Social Networks to Show Them

Facebook

Ask Facebook to show your competitors’ pages. Search for the keywords consumers would use to find your business. For example, if your company sold stationery, write “stationery”, “notebooks” and others in a search bar.

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Facebook Insights

Go to Overview to see what competitors Facebook picked up for you. You can see their weekly activity according to the number of posts and engagement they reached.

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With Posts Overview you can see what exact posts were successful. Analyze them and implement these effective posts into your content plan. Here it is – you have one target audience, so it’s clear that this content will perform well on your page as well.

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Target Their Followers

Now when you understand what content your common target audience likes, you can “borrow” their followers and show them your promoted posts. When managing detailed targeting in Facebook Ads, choose your competitors’ followers.

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Twitter

Twitter lets you use the advanced search to find your competitors: from keywords to their location.

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Instagram

Use Instagram hashtags to find your competitors accounts, their top posts, hashtags that they use and places they tag.

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Places hint: It’s not necessary to tag your real physical address for your photos. When you understand who is your audience and what their interests are, you know what places they visit most. If you are a clothes brand, tag shopping malls and other famous trade spots.

Free Tools to Analyze Your Social Media Competitors

Fanpage Karma

This free comparative analytics tool covers engagement, growth, most-used content sources and keywords, top posts, frequency, engagement by day and time, post type and supporters, among other metrics.

Before you start, let the tool know which competitors you want to monitor. You can add as many as you need.

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Then you can choose a page and see data you are interested in: content, times & types, influencers, fan posts, ad value, history, and videos.

Top and Weakest Posts

Here you can see the best and weakest posts. Analyze posts of your competitors by different indicators like likes, shares, comments, and reactions. See what posts were successful, when, and why.

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Key Words and Hashtags

See what topics and phrases appear most often and what hashtags and how many they use.

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When and How Often They Post

With this option, you can see the distribution of posts per weekday in the selected period.

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Engaging Types of Posts

If you haven’t decided yet what exact types of post your followers engage with most, see how it’s going on your competitor’s page.

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Klear

With its free plan, you can work with Influencers and Monitors.

Find Out Who Promotes Them

You can select the industry that you need and see who promotes your competitors. Once you know that these influencers do this sort of marketing and their followers are interested in similar goods and services, you can contact them and ask for collaboration. Learn more about Influencer marketing in this tutorial.

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Compare Competitors

This tool allows you to compare two brands. You can compare as many as you wish.

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Social Website Traffic

You want to drive traffic from social, so you need to know the exact network that will give you the best result. See what works for your competitors and test on new channels.

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BuzzSumo

Come Up with Topics

If you have a hard time with new ideas for your blog topics, see what your competitors write about and what exactly gets more engagement. You can also come up with viral topics.

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When you know what content is successful, you begin to understand what days and times work best, you need a tool to organize your social media work.

Attract More Clients from Social Media

With PromoRepublic you attract more clients from social media. Choose your industry or type in a keyword to see all the post ideas so you can create a diversified content plan with ready-to-go engaging, promotional, and curated posts.

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Competitor research is important, but it doesn’t need to be difficult.

Key Findings from SMMW17 Part 2

SMMW17 in San Diego had so many amazing presentations and even more useful tips and tricks, that we had to break our takeaways into two posts. We tried to concentrate on the essential matters. However, the presentations that we didn’t include were no less great. So, if next year you can’t be there in person, getting the virtual ticket is definitely well worth the money! Now, let’s dive in!

How to Generate Large Amounts of Revenue From the Content You Create 

By Joe Pulizzi

When we saw Joe, it was exciting because he shared 10 Ways to Monetize Your Content.

Originally, the lines of distribution were owned by big companies. Now everybody can create content. This has created a Channel Explosion. Remember, how we always tell you that “content is king”? Instead of communicating through someone else’s channel, you need to create and distribute your own amazing information and build audiences.

Keep an eye out for Joe’s latest book, “Killing Marketing” – coming out in September. It’s about how innovative businesses are turning marketing cost into profit. Joe explained how you build your audience and actually 99% of organizations do that wrong. Content creation is not an asset.

Content Tilt

Joe explained that you need to have a content brand. We know already that if you just have a company and a blog, that’s not a content brand. You need to know what you represent and what you are telling people. Because that is your content brand.

We’ve talked before with you about how your content needs to stand out from your competition. So how does yours differentiate? Joe suggested creating a content marketing mission statement, which is a fantastic idea!

Here’s how to get started with one: know who you’re talking to and who you’re targeting. Because if you are talking to several audiences at a time – you will fail. The main things to be established are:

  1. Core target audience
  2. What will be delivered
  3. The outcome for the audience

Building the Base

Your base is very important. You need to choose one content type, such as video or podcast. Then also one main platform such as site or blog. Consistent delivery is critical, it can’t be simply Monday and Wednesday, but Monday and Wednesday at 10 am. Be patient and understand that it can take a long period of time (up to 18 months) to become successful. If it doesn’t work for you, look for something else.

Joe Pulizzi

Image credit: Social Media Examiner

Harvesting Audience

We’ve talked before about how important it is to build your subscriber base. So we were pleased to hear Joe talk about this topic. He explained that if you aren’t actively building your subscribers, you are leaving the control of them to someone else. He recommended on focusing on e-mail subscribers as a key metric. When you have a list, you can monetize it.

YouTube decides whose video to show, Facebook as well. Email subscribers are all yours. Build your email list.

For this you need:

  1. Amazing Newsletter
  1. Exchange of Value (eBook, research report, etc.)

Diversification

Keep in mind that Moz started a consulting company, then a blog, then came the shows, etc. Your marketing should be a profit center.

Here is Joe’s recommended Revenue Model:

Advertising

Subscriptions

Syndication

Content Services

Content Marketing Institute, Under the Hood

Joe shared with us his own results. They started with a blog in 2010. Every day seven days a week. 2010 revenues – $75,000, in 2015 – $10+ million.

  1. Advertising and sponsorship (banners, emails)
  1. Conference and Events (Content Marketing World)
  1. Subscriptions (Content Marketing University)
  1. Donations
  1. Premium Content

How to Create Highly Shareable Social Media Images

By Rebekah Radice

We agree with Rebekah, that you build trust through a consistent brand. As a content creator, tying your branding to everything you write creates awareness and that leads to traffic and sales. People will identify your brand with visuals they see on your page.

Create Highly Shareable Images

Rebekah says to design with your audience in mind and find out what fan pages they like, their location, activities, and even purchase decisions. Are these images about lifestyle or vector based? We think that’s very smart. Use Facebook Audience Insights to define your target audience and create visuals according to their preferences. See what other pages they like and what type of visuals are shared there.

Rebekah encourages us to find our own style. Look to successful brands to see how they’ve done it. Starbucks teaches us a valuable lesson – sometimes less is more. Especially when it comes to visual content. Single focus: hand and a Frappuccino. Nike understands the mentality of their target audience, and they use this knowledge to effectively showcase their brand.

Go to each social network to research further. Look at Instagram hashtag hubs (top trending posts). You can also go to Search and write your keyword, a product for example and see most popular images for this word search, we’ve done this and have had excellent results!

Use Pinterest to see what style is trending in your industry/niche.

When you do your research, make sure you really consider:

How do the images make you feel?

What’s the sense you get of the brand?

Would you want to do business with them?

Rebekah Radice

Image credit: Social Media Examiner

Define your style in 5 easy steps:

  1. Color consistency

Color psychology plays an enormous role in how our audience interacts with our brand, how it responds.

Choose a color that best represents your company personality, the feelings you want to impart and the action you want them to take. Start with your main color. You can use an online color picker. Try one of these tools: colordot, colors.co Or you can upload your image to imagecolorpicker.com Another option is to download a Chrome or Firefox extension to find colors you like online.

  1. Composition

Composition is the main key to create highly shareable visuals. Easy to read, easy to get the point – a good composition. Similar elements draw the eye and create consistency.

  1. Choose your fonts wisely

Think about what is your main font. It should be super easy for people to read your content. We’ve seen what an impact this can have on social and your site too. Your font expresses your company personality and has a direct impact on your conversions. HubSpot did a survey and found that using 3 font styles makes it easier to read content.

When choosing your font, ask yourself the following questions: is my company fun, silly, entertaining, serious, or straightforward? Is my content fun, silly, entertaining, serious, or straightforward?

  1. Nail Your Message

Ask yourself: “Is it relative to my topic and audience?” Make sure the image has a bold focal point. Choose images that are clear and easy to view. But! Don’t use a corporate-style stock image (Fake vs. Authentic). And don’t be the same – break all the rules.

  1. Brand It

To be remembered, you must make an impact. Create unique and memorable images that consistently stand out in the feed. Always add a watermark – logo, hashtag, or a slogan – to all images, so they can’t be copied by others, this is something that we highly recommend!

How to Build a Digital Marketing Plan

By Rich Brooks

Plan before you build

Rich used a unique example, that building your website is like building a house. It’s not for you – it’s for them, so they have a good experience at your site. Before you start any building, answer yourself three fundamental questions:

  1. What are your audiences’ goals when they come to the website?
  2. Who would you say are your three biggest competitors?
  3. How does your company differentiate itself from these competitors?

Things to keep in mind when building a website:

  1. Keep it mobile friendly
  2. Have a CMS (Client Management System)  
  3. A beautiful design.

Action Items

You need to create a site that lets visitors interact and act on opportunities that you give them. Rich suggests that – at a minimum – you have the following:

Phone

Contact Form

Email Opt-in

Call to Action!

We agree with all of this, and highly recommend you add the e-mail newsletter with an ETHICAL BRIBE so people are attracted to your offer.

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Image credit: Social Media Examiner

Copywriting

Whether you hire a copywriter or do-it-yourself, here are some great tips on making your copy always look professional at your site. Keep these tips handy!

Write for One Person

Descriptive Page Title

Use Keywords in your Anchor Text

Narrow Your Focus

Keep the Copy Short

Be Specific (you are not the greatest company of all times.)

What Social Network is Right for You?

We highly recommend you take a look at the following questions, when thinking about adding that latest & hot social media channel to your marketing plan:

Does my ideal customer use this platform?

Can I engage with my ideal customer here?

How do I convert my ideal customer here?

Artificial Intelligence, Machine Learning and the Future of Social Media Marketing

By Bryan Kramer, Sandy Carter, Christopher Penn, and Christopher Carfi

One thing we know we’re really going to be paying attention to is this: technology, with the help of AI and bots, will become easier to work with! Isn’t that fantastic? So marketers need to think how their brand can be personified through the bot as it offers a more personal experience than an app.

Ask yourself: How is Social Media going to evolve and change in the next years? It was interesting to hear from the panel that significant part of what Social Media is today is easily automated by chatbots. If you do it with a template today, a machine will do it without you tomorrow.

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Image credit: Social Media Examiner

You’re going to be thrilled to know that “busy work” will soon be a thing of the past. All the stuff that you do in your daily work that’s repetitive, bots can take on that task and free you up to do more interesting things. We’ll be able to be more creative with what we do. For example, if we are able to try 2-3 versions of a post or an ad, we’ll be able to try 2000 of them in parallel.

What do you need to do to stay ahead of the curve? The panel’s hot tip: learn Ruby or Python languages as a marketer, at least the basics, and that will let you be able to expand what you do. Because so much of machine learning and deep learning is available in these languages and a lot of it is free.

How to Use Social Media to Engage, Connect and Convert at Each Stage of the Customer Lifecycle 

By Shama Hyder

Shama said something that we’ve always encouraged you to think about: that social media is not just Facebook, Twitter, etc. Social media is not just the platform, the platform is secondary. Social media really means that people are the media. How we share information, how we make decisions, has all changed.

The modern customer understands this and uses social media as a tool of power to be able to collect information. So context relevancy is everything in terms of how you reach out to your audience. It’s important to make your content and your brand about your customers, and not about your company. It used to be “what does our brand say?” Now you have to ask yourself, “What does doing business with us allow our customers to say about their personal brand?”

Understand that the primary reason people use social media is to showcase their own identity.

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Image credit: Social Media Examiner

Education, Transparency, Choices. Know that this is how you attract = you educate.

It’s wrong to not want to share info, because of a concern that competitors might see it. Your best bet is to outeducate your competitors. Being able to curate, being able to turn data into wisdom is what gives you power. To us, this is taking “content is king” to a much higher level, understanding how to “best” your competition and becoming the expert in your niche.

Know that people want to do business with human beings, so being transparent is crucial. What people respect is how you respond to possible negative experiences someone might have with your product or service. So just as we’ve explained to you, if someone posts on social media about your product or service and even if it is negative, it is best to respond in a way to attempt to repair the customer relationship and to help others understand how your brand helps people in every way.

Today’s consumers are also so used to having lots of choices. It is critical that you give people choices how to engage with you. We’ve always recommended that your content can be similar across platforms, but it’s ok because people get to choose.

Always remember this: sharing your customer “success stories” is what helps to attract your next customers!

If anyone made it to the end of this post, we’re glad to have you here! We hope you were able to learn something valuable and will start implementing it for your business today. And if you had any hesitations about attending SMMW, they have got to be all cleared out by now! See you there next year.

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