Who counts as a competitor
Businesses often name two or three familiar companies, but online the picture looks different. Competitors are best split into several groups:
- direct: they sell the same thing to the same audience, and you know them from the market;
- search: they rank at the top for your queries, even if they're a directory, a marketplace, or a media outlet;
- advertising: they bid on the same keywords in Google Ads or target your audience on Meta;
- alternatives: a different way to solve the same customer problem, such as renting instead of buying.
Each group yields different insights. From search competitors we learn content structure, from direct competitors we learn about offers, and from alternatives we learn the arguments for why your option is better for the customer.
When competitor analysis is needed, and when it isn't
It delivers the most value before major decisions: launching or redesigning a website, starting SEO or PPC advertising, or entering a new region or launching a new product. At that point it helps you avoid spending budget on what no longer works in the market.
The analysis makes less sense if the problem is clearly on your side: the site doesn't load on mobile, leads go unanswered, or analytics isn't set up. Fix the basics first, then compare yourself with others.
Formats: quick review or in-depth research
A quick review covers a few main competitors and a few key questions: site structure, search visibility, and core offers. The upside is that it gives you a quick sense of direction. The downside is that it may miss less obvious players and detailed content topics.
In-depth research includes a broader list of competitors, a keyword comparison, and analysis of ad messaging, content, social media, and the buyer journey. The upside is that you can build your site structure, content plan, and ad strategy on it. The downside is more work, and some findings become outdated as the market changes.
What we compare on websites
- structure: which services or categories have their own pages, and how menus and filters are organized;
- the above-the-fold section: whether it's clear within seconds what they offer and how they're different;
- trust signals: reviews, portfolio, warranty terms, contact details, company information;
- the path to a lead or purchase: number of steps, forms, contact options, online payment;
- the mobile version and load speed according to PageSpeed Insights.
Search gaps: where you can outrank competitors
One of the most practical parts of the analysis is comparing search queries. We collect the queries competitors' sites appear for in Google and map them against your site. This reveals topics people search for where you don't have a single page.
Next, we look at how strong competitors' pages are for those queries. If the top spots are held by thin content or generic category pages, you can realistically break in with high-quality material. If the results are dominated by major marketplaces and media outlets, we tell you honestly that it will be a long fight, and look for more specific queries.
We also assess how competitors link their pages together, which formats they use (comparisons, how-to guides, calculators), and whether their sites answer the questions buyers often ask before purchasing.
The honest limits of the analysis
Competitive analysis works with publicly available data, so it has limits. Tools like Ahrefs or Semrush show an estimate of competitors' traffic, not exact figures: use them for comparison, not as fact. We can't see other companies' sales, conversion rates, or ad budgets.
A high ranking also doesn't mean a competitor's strategy is profitable. Sometimes aggressive advertising is an attempt to offset falling sales. That's why our report separates facts, estimates, and our assumptions. This way you can see what you can rely on with confidence and what's worth validating with your own test.
What you get
- a list of competitors grouped by type, with a short description of each;
- a comparison table using the same criteria: website, search, ads, offer;
- a list of topics and queries that bring competitors visitors but for which you have no pages;
- strengths worth taking into account and weak spots where you can differentiate;
- specific, prioritized recommendations for your website, SEO, and advertising.
Common competitor analysis mistakes
Copying the strongest player. Their success rests on brand, budget, and history that a website can't replicate. A copy will look derivative.
Looking only at design. A competitor's beautiful site may sell worse than a simple one. Compare the offer and usability, not the style.
Doing the analysis once and forgetting about it. Markets and search results change, so key metrics should be reviewed at least before every major decision.
What to prepare on your end
- a list of companies you consider competitors and those you look up to;
- a brief description of your offer: what you sell, to whom, in which regions, and how you think you're different;
- the questions you want answered: why a competitor ranks higher, where they get so many leads, what to change on your site.
What affects the cost of the analysis
- Number of competitors and groups to research.
- Depth: websites and search only, or also ads, content, social media, and the buyer journey.
- Markets and languages: one region or several countries with different competitors.
- Deliverable format: a short summary, a detailed report, or a report plus recommendations for site structure and content.
FAQ
Can you find out how much a competitor earns? No. We only see public data and tool estimates. At most, we can make cautious assumptions about revenue and ad budgets.
We're in a narrow niche with almost no competitors. Is it worth it? Yes, but the focus shifts: we research alternatives, adjacent markets, and companies abroad to understand how customers currently solve their problem.
What do we do with the results? You can use them on your own or with us: the findings form the basis for SEO, the structure of a new website, and ad campaigns.
Do you need any access from us? Not for competitor analysis. But access to your analytics helps compare you with the market on more than just external signals.
Why Promodex
Over 750+ projects since 2015, we've learned to look at competitors' websites through the eyes of a marketer, an SEO specialist, a designer, and a developer. That helps us see not only what others have done, but how much effort it would take to match or surpass it. We don't just hand over a spreadsheet; we explain what it means for your business, and our own team can put the recommendations into action.