You don’t want to try to rank for every one of your competitors’ keywords. Like most things with SEO, it’s important to be strategic and intentional with your decisions. In today’s Whiteboard Friday, Rand shares his recommended process for understanding your funnel, identifying the right competitors to track, and prioritizing which of their keywords you ought to target.

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Which of my competitor's keyword should I target?

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Video Transcription

Howdy, Moz fans, and welcome to another edition of Whiteboard Friday. So this week we’re chatting about your competitors’ keywords and which of those competitive keywords you might want to actually target versus not.

Many folks use tools, like SEMrush and Ahrefs and KeywordSpy and Spyfu and Moz’s Keyword Explorer, which now has this feature too, where they look at: What are the keywords that my competitors rank for, that I may be interested in? This is actually a pretty smart way to do keyword research. Not the only way, but a smart way to do it. But the challenge comes in when you start looking at your competitors’ keywords and then realizing actually which of these should I go after and in what priority order. In the world of competitive keywords, there’s actually a little bit of a difference between classic keyword research.

So here I’ve plugged in Hammer and Heels, which is a small, online furniture store that has some cool designer furniture, and Dania Furniture, which is a competitor of theirs — they’re local in the Seattle area, but carry sort of modern, Scandinavian furniture — and IndustrialHome.com, similar space. So all three of these in a similar space, and you can see sort of keywords that return that several of these, one or more of these rank for. I put together difficulty, volume, and organic click-through rate, which are some of the metrics that you’ll find. You’ll find these metrics actually in most of the tools that I just mentioned.

Process:

So when I’m looking at this list, which ones do I want to actually go after and not, and how do I choose? Well, this is the process I would recommend.

I. Try and make sure you first understand your keyword to conversion funnel.

So if you’ve got a classic sort of funnel, you have people buying down here — this is a purchase — and you have people who search for particular keywords up here, and if you understand which people you lose and which people actually make it through the buying process, that’s going to be very helpful in knowing which of these terms and phrases and which types of these terms and phrases to actually go after, because in general, when you’re prioritizing competitive keywords, you probably don’t want to be going after these keywords that send traffic but don’t turn into conversions, unless that’s actually your goal. If your goal is raw traffic only, maybe because you serve advertising or other things, or because you know that you can capture a lot of folks very well through retargeting, for example maybe Hammer and Heels says, “Hey, the biggest traffic funnel we can get because we know, with our retargeting campaigns, even if a keyword brings us…