How to Do Competitor Analysis in SEO

The most common mistake in SEO competitor analysis is running it against the wrong list. Business competitors and search competitors are not the same group. A local HVAC company might compete with ServiceMaster on Google even though they never compete for the same customer. Starting the analysis with the right set changes everything downstream.

Here is a five-step process for doing this systematically. Each step builds on the previous one. Skip any of them and the analysis produces gaps that turn into wasted effort later.


How to Do Competitor Analysis in SEO: The most common mistake in SEO competitor analysis is running it against the wrong list. Illustration for SEO competitor analysis in Calgary.

Step 1: Identify Your SEO Competitors

Search for your three or four highest-value keywords in Google. The pages on page one for those terms are your actual SEO competitors, regardless of whether those businesses serve the same clients. Write down the domains. Some will be recognizable industry players. Others will be content sites, directories, or media properties that rank because of authority and content depth rather than any service they sell.

Step 1: Identify Your SEO Competitors: Search for your three or four highest-value keywords in Google. Illustration for SEO competitor analysis in Calgary.

Discovery tools make this faster at scale. Semrush and Ahrefs are the primary tools for this work; both map your domain against sites ranking for overlapping keywords, sorted by shared keyword count. Pull the top ten from that report, cross-reference with your manual search results, and build your working competitor list from the overlap.

One filter worth applying early: remove mega-brands if you are a small or mid-size site. A regional Calgary SEO firm is not going to outrank HubSpot for “what is SEO” in the near term. Focus the competitor list on domains whose domain rating and backlink count are within a realistic range. Competing with sites ten times your authority wastes analysis time.

Step 2: Keyword Gap Analysis: Keyword gap analysis finds the terms competitors rank for that you do not. Illustration for SEO competitor analysis in Calgary.

Step 2: Keyword Gap Analysis

Keyword gap analysis finds the terms competitors rank for that you do not. Those gaps are where the clearest content and ranking opportunities sit. Running keyword research tools across three or four competitors at once reveals patterns: recurring themes that every competitor covers that your site has not addressed are usually the highest-priority gaps to close. The mechanics of how to find a competitor’s keywords are worth nailing down before you trust those gaps.

Most tools have a dedicated keyword gap feature. In Semrush, the Keyword Gap tool under the Missing filter shows keywords where competitors appear but your site does not appear at all. Sort by search volume. Work through the list and flag terms where the competitor ranking on page one has content you could produce with better depth, fresher information, or a cleaner structure.

Also watch for recently lost keywords in competitor reports. A term that was ranking top-five for a competitor and has now dropped off is either a content quality issue on their end or an algorithm adjustment. Either way, it signals a gap that opened up. Worth testing if your site can step into that position before they recover it.

Keyword research is where this analysis connects directly to the actual keyword research process that drives content planning. Target keywords from the gap report become the foundation for the next six months of content.

Step 3: Analyze Competitor Content: Top traffic pages from each competitor reveal what format and angle Google is currently rewarding in your category. Illustration for how to do competitor analysis in seo.

Step 3: Analyze Competitor Content

Top traffic pages from each competitor reveal what format and angle Google is currently rewarding in your category. Pull the top ten pages by estimated organic traffic for each competitor. What percentage are long-form guides versus short FAQs? Which topics appear repeatedly across all competitors? Those recurring topics are probably table-stakes coverage your site needs.

Content depth is the next level. For the pages you intend to compete with directly, read them. How comprehensive is the coverage? Do they use structured headings, comparison tables, or example walkthroughs? Are they linking out to original data sources? EEAT signals matter now more than a few years ago: author credentials, publication dates, and cited sources all factor in. Pages that win rankings increasingly show who wrote the content and why that person is qualified.

Content gap at the topic level is different from keyword gap at the phrase level. A competitor might rank for dozens of keywords through a single comprehensive guide that your site has not produced. Replicating that coverage with better structure or more current examples is a faster route to ranking than producing five thin pages targeting individual keywords.

Step 4: Review Backlink Profiles

Backlinks remain one of the primary ranking signals Google uses. Reviewing competitor backlink profiles tells you two things: the ceiling you need to clear to compete for their rankings, and the specific sites already linking to that topic who might link to your content too.

Backlink gap tools in Semrush and Ahrefs’ Link Intersect show domains linking to your competitors but not to your site. Filter by domain authority; focus on sites with a score above 40 or 50 depending on your target range. Those become your outreach shortlist. Sites already linking to competitor content on this topic are far more likely to link to your version than cold contacts who have never covered the subject.

Broken link opportunities come from this same analysis. Competitors with backlinks pointing at 404 pages represent a chance to produce replacement content and request those existing links redirect to your version instead. It is not a large volume of opportunities, but the conversion rate on outreach is much higher because the linking site has already decided this topic deserves a link.

One metric worth tracking: the ratio of referring domains to total backlinks for each competitor. A high total backlink count inflated by a small number of referring domains suggests concentrated link sources. Broad referring domain coverage is more durable. That tells you what kind of link-building programme to run, not just how many links to chase.

Step 5: Technical and On-Page Comparison

Technical factors set the floor for what rankings a site can hold. A page with strong backlinks and solid content still underperforms if it loads slowly or breaks on mobile. Run your competitors through PageSpeed Insights and compare Core Web Vitals against your own site. Any competitor who loads measurably faster on mobile with better LCP and CLS scores has a structural advantage that content quality alone will not overcome.

On-page structure covers title tags, meta descriptions, URL patterns, heading hierarchy, and internal linking depth. For pages you intend to directly compete with, compare all of these line by line. Title tags that include the exact target keyword and yours do not: that is a quick fix. When their internal linking pulls in five related pages and yours links to nothing, the gap is structural and worth addressing in the next site-wide SEO audit.

Schema markup is still underused in most categories outside of recipe and product pages. Check whether competing pages use Article, FAQ, HowTo, or Review schema. If they do not and you do, that is a structural advantage. When they do and you do not, it is a gap worth closing. Google increasingly uses schema to populate rich results, and those rich results earn more clicks than unstructured listings at the same position.

Turning the Analysis Into Action: Data without execution produces nothing. Illustration for how to do competitor analysis in seo.

Turning the Analysis Into Action

Data without execution produces nothing. The analysis above generates a prioritized action list, not a report to file. Rank the findings by impact and effort: keyword gaps with content already half-written take days to close; backlink gaps requiring outreach campaigns take months. Start with the high-impact, low-effort items.

Run a full website audit alongside the competitor analysis at least quarterly. Markets shift, algorithms update, and competitors change their strategies. A competitor who lost ten rankings last month after an algorithm update created ten opportunities that did not exist before. Catching those shifts quickly is what separates ongoing competitor monitoring from a one-time exercise.

To-The-TOP! has been running this kind of analysis for Google Ads and organic campaigns since 2007. Competitor intelligence feeds both channels: keywords that convert in paid search usually deserve organic investment, and ranking data from organic informs which paid terms are worth fighting for at auction. The two programs share data far more than most businesses realize. On the paid side, learning how to check competitors’ Google Ads completes the picture this organic analysis starts.

Frequently Asked Questions

How to perform a competitor SEO analysis?

Five steps in order. Identify SERP competitors by searching your target keywords and noting who ranks on page one. Run a keyword gap analysis to find terms they rank for that you do not. Pull their top content pages and examine format, depth, and EEAT signals. Review their backlink profiles and build an outreach list from the gap. Compare technical performance and on-page structure. Execute against findings in priority order.

Competitor analysis tools for SEO: which ones to use?

Semrush and Ahrefs are the two main tools for full competitor analysis. Both offer organic traffic estimates, keyword gap reports, backlink gap analysis, and domain authority metrics. Semrush has a stronger keyword database for North American markets. Ahrefs tends to surface backlink data faster. Google Search Console is free and gives you your own performance data for comparison, but it shows nothing about competitor sites. Most serious programs use at least two tools: one paid platform for competitor data and Search Console for your own baseline.

What is SEO competitive analysis?

A structured review of the sites currently outranking you for your target keywords. The goal is to understand why they rank, what content and links support those rankings, and where their strategy has gaps you can exploit. Distinct from general market research: this is specifically about search performance, not business positioning, pricing, or product.

The 4 P’s of competitor analysis: do they apply to SEO?

The 4 P’s (Product, Price, Place, Promotion) come from traditional marketing and refer to business competitor positioning rather than search performance. In SEO, the more relevant framework is keywords, content, backlinks, and technical health. Those four areas map directly to how search rankings are earned and held. The 4 P’s framework is still useful for understanding business-level competitive dynamics, but it does not translate directly to ranking strategy.


Greg Ichshenko

Calgary SEO expert and digital marketing specialist,
developing advertising strategies for businesses of all sizes

(403) 308-5949

greg@to-the-top.ca
1509 14 Ave SW, Calgary,
AB T3C 0W4

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