How Do You Approach SEO for Highly Competitive Industries?

In this era of digital advancement, businesses in highly competitive industries are facing a cut-throat battle when it comes to Search Engine Optimization or SEO. Countless brands and businesses are vying for the top ranks on search engine results pages (SERPs). Securing a high rank and visibility has become a real-time tough job. Be it for the newcomers or seasoned businesses, it has become more challenging especially in saturated markets. Thus, traditional SEO tactics are no longer good enough to achieve promising success. 

In competitive industries, where tons of brands and businesses are targeting the same audience, standing out among them is a challenge. You need to develop your unique SEO strategy that aligns with your target audience and business goals, driving more organic traffic and a higher rank.

Understanding the SEO for Highly Competitive Industries

There are certain industries that have naturally fostered high online competition, majorly for two reasons- the lucrative nature of the market and the high demand among the audience.

Such highly competitive industries include- E-commerce, technology, health and wellness, travel and hospitality, and finance.

Apart from attracting a huge number of competitors, these industries go through frequent shifts in consumer preferences, trends and the underlying technology. 

In order to understand the landscape of highly competitive industries, you need to know the market giants or leaders, who dominate in that industry through- well-developed online presence, strong brand authority, and vast resources.

For example: In the e-commerce industry, Amazon and eBay rank pretty high. Similarly, in Healthcare, Mayo Clinic and Johnson & Johnson have secured a high spot in the market.

These companies have secured leadership positions because of their strategic and heavy investment in SEO, marketing, and customer experiences. 

Some challenges you might face in a market of competitive niche, as follows- 

  • Newcomers and smaller businesses might face a resource constraint when it comes to investing for SEO, content creation or paid ads.
  • Targeting high-cost keywords with limited marketing budgets can be an unclear move in such competitive industries.
  • Building brand authority requires a lot of time. Google prefers brands with a history of reliable service, making it a tough job for the newcomers.
  • SEO algorithms are susceptible to frequent changes, more so in competitive industries. Your SEO strategies must constantly adapt to that.

Strategic SEO Tactics for Competitive Industries

For surviving and standing out in a competitive industry, you need to inculcate actionable strategies in your SEO tactics. They can be as follows-

 

  • Understand your target audienceOptimise your SEO strategy in such a way so that you can identify who your audience is, what their preferences are, and how they search for the information that you can provide online. This will help you to optimise your content accordingly. It is often advisable to prioritise long-tail keywords to target specific queries of your audience. This eventually leads to higher conversion rates.
  • In depth keyword researchWith the help of tools like Google Keyword Planner, SEMrush, or Ahrefs, you can perform your keyword research. This will help you track those words or phrases that your audience would generally use to find your services or products online. While selecting the suitable keywords, strive to maintain an optimum balance between the search volume and competitiveness of that particular keyword. Also, keep a balanced mix of both short-tail and long-tail keywords.
  • Optimising your contentOptimise your content with the perfect keyword placement targeting your audience. Your content has to be original, grammatically correct, readable, engaging and to the point. It shouldn’t sound like a robot is reading or writing the content. Make your content interactive, make it sound like you’re talking to your audience through the content. Occasionally use catchy lines in between paragraphs and try using an appealing heading or title to your content. Your content needs to have the information your content title conveys. You can optimise your website’s technical SEO by securing mobile-friendliness, boosting site speed, and getting hold of HTTPS connections.
  • Building backlinks The traditional approach to building backlinks that worked in 2010 is nearly obsolete in 2024. Brands and companies need to develop trust and credibility in the eyes of Google by reframing it as “link earning”. The best way to do this is by creating quality content that earns links through- expertise, relevancy and leveraging PR to reach out to the targeted audience. High quality backlinks from authoritative and relevant sources will help you boost your website’s credibility in the eyes of the search engines.
  • Monitor and Analyse your performance– You need to consistently monitor and analyse your SEO performance. Some common tools to go for this purpose are- Google Analytics, Google Search Console, Moz. Using these tools, you can effectively keep track of your website’s performance by measuring- organic traffic, user engagement, bounce rates, conversions, click-through rates, dwell time. These will help you get deep insights in your strengths and weaknesses and where you can work on.
  • Improve your strategy Based on the analysis of your SEO performance, you need to adapt and improve your strategy. After getting all the data from the analytics tool, you need to connect all the dots. From this, you need to figure out what is going on in your market and why and how your competitors are ahead of you. This will help you fetch a clear understanding of the gaps, entry points, short- and long-term wins, and where you can stand out. 

Advanced Link Building Strategies

Well, in highly competitive industries, ranking high on search engines can be a tough job but not an impossible one. You can adopt some advanced link-building strategies to overcome the hurdle of competitiveness by

  • Acquiring High-Quality backlinks– From authoritative websites to improve search rankings. You can do this by building relationships with high-authority websites and influencers of your industry. This might sound tempting, but can be achieved by- acting as a guest blogger to their website, collaborating with influencers, getting featured as a resource page, and outreaching to bloggers and website owners of your niche in a personalised way to generate valuable backlinks.
  • Earning natural backlinks Your content must be data-driven with proprietary insights so that it becomes link-worthy. Other websites will frequently reference data in their content from yours and thus,  your website can become a go-to resource place in the industry in no time. Also, including infographics can help you get backlinked by other websites. If you simplify complicated information into a comprehensible infographic format, your content has got a higher chance of getting backlinked.
  • Monitoring and Disavowing toxic backlinks Not all the backlinks are beneficial for your profile health. You need to audit the backlinks using tools like- Moz, Ahrefs, Google Search Console to get rid of toxic and low-quality backlinks that could possibly harm your SEO. 

 Leveraging Data and Analytics for Informed Decision-Making

In competitive industries, leveraging data and analytics is crucial in refining SEO strategies to promote informed decision-making.  Let’s explore the ways in which we can do it. 

  • Using analytics tools like Google Analytics and Google Search Console to track website performance, keyword rankings, user behaviour, bounce rates, conversion paths, click-through rates, etc. Heatmaps can help you know which areas of your page attract the most attention and help you optimise your page accordingly for better engagement and traffic.
  • Analysing your performance can’t solely help you get through the industry-based competition. You need to run a competitor analysis to stay ahead of the curve to understand their- strengths, weaknesses, and strategies. You can do all these by- keywords gap analysis, backlink analysis, content strategy evaluation, and SERP features analysis.
  • You may use Google Optimize to test out various layouts, headlines, and call-to-actions to see which version will generate more engagement and conversions when you employ A/B testing and iterative optimization for ongoing improvement. An continual improvement can also be guaranteed by iterative optimization based on test results.

Expert Insights from Digitalnil

With real-time success in driving successful SEO campaigns across various industries along with 200+ happy customers, we at DigitalNil always care about the needs of our clients. 

Some strategies that we as a team of experienced professionals can give you to perform better with your SEO are- focus on running an in-depth keyword and competitor analysis, market your content organically, use technical SEO and website optimization. 

Testimonials from various industries have shown that our team at DigitalNil has always targeted niche keywords and fetched organic traffic in the fields of e-commerce and tech startup primarily. In the healthcare niche, we catered to clients which brought them increased inquiries and patient leads.

Conclusion

Thus, we can conclude that in order to stand out in a competitive industry, you need expert guidance and services. 

And because you have us DigitalNil just a click away, fear not! Let’s join hand-in-hand to make your business a grand success.

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