Are you tracking the search marketing efforts of your competitors? If not, you should be. If you are, consider using KeyCompete <keycompete.com>, a $199/yr tool that identifies keywords used by your competition and the competition for your keywords.
Enter a URL and the Web-based service returns a list of keywords used by that company in its search engine marketing efforts. You can also do the opposite, enter a keyword or phrase, and see who's using it in their marketing efforts. Results are seen instantly on screen and can be downloaded into an Excel file.
It's a simple way to uncover new keyword opportunities. For example, we looked at Key Bank's current keyword buying (click on inset for details). The majority of their marketing is for boat loans and student loans. But without the KeyCompete tool we'd never know that the bank is advertising its K-12 private school tuition program, AchieverLoan, under obscure search terms such as "Massachusetts preparatory school" and "Addison private school" (see screenshot below).
Cost
The basic plan, which costs just $199/year, includes a personalized watchlist for URLs or keywords to make competitive monitoring that much easier. For an extra, undisclosed fee, the KeyCompete will provide more detailed reporting on your competition including:
- approximate clicks per competitor's keyword
- approximate cost per competitor's keyword
- estimated overall keyword marketing expense
Overall, some good information to have in your back pocket for next year's budget request.
--JB