Home Marketing YouTube Competitor Analysis: How I Do It in 5 Easy Steps

YouTube Competitor Analysis: How I Do It in 5 Easy Steps

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YouTube Competitor Analysis: How I Do It in 5 Easy Steps

YouTube competitor evaluation is important to your video content material technique this yr. Take it from me — I lead HubSpot’s YouTube progress technique, overseeing content material technique, development monitoring, efficiency reporting, and competitor evaluation.

As of 2024, YouTube is the most important video-sharing platform and the second-biggest social media on the earth, with over 2.70 billion customers. And consider me, it’s not slowing down anytime quickly, the variety of YouTube’s world customers is estimated to succeed in 2.85 billion by 2025.

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With this ongoing video progress on the horizon, it’s necessary to evaluate your competitors.

Desk of Contents

  • What’s a competitor evaluation on YouTube?
  • Why is a YouTube competitor evaluation necessary?
  • Easy methods to Do Competitor Evaluation on YouTube

What’s a competitor evaluation on YouTube?

Competitor evaluation on YouTube entails learning the content material created by rivals in your required area of interest or material space. These insights assist you perceive your rivals’ strengths, weaknesses, and techniques.

This evaluation might be performed on a month-to-month, quarterly, or annual foundation. Your aim is to be taught what rivals are doing effectively and to emulate it in your individual model.

You’ll additionally need to work out what they aren’t doing so you are able to do it and stand out within the aggressive YouTube panorama.

Why is a YouTube competitor evaluation necessary?

Competitor evaluation helps you perceive the aggressive panorama to your goal market.

That is essential in my function as a result of it permits me to achieve useful insights into what different manufacturers are doing on the platform.

By understanding rivals’ methods, content material efficiency, viewers engagement ways, and total presence on YouTube, I can establish trade tendencies and pinpoint areas the place content material gaps exist.

I may also uncover alternatives for enchancment, and make knowledgeable selections to remain forward.

This evaluation will assist you higher perceive your viewers and create a complete YouTube content material technique.

Easy methods to Do Competitor Evaluation on YouTube

Step 1: Create a listing of your prime rivals.

You need to begin your competitor evaluation by figuring out 5 to 10 YouTube channels which might be rivals.

These rivals might be primarily based in your particular trade (e.g., cosmetics), area of interest (e.g., clear, cruelty-free cosmetics), and/or target market (e.g., environmentally acutely aware cosmetics customers).

In my expertise right here at HubSpot, I’ve realized the artwork of choosing a various vary of rivals.

This considerate strategy acknowledges the presence of area of interest rivals inside subjects we cowl whereas aligning seamlessly with our channels that will discover broader topics.

I discover these rivals by looking for particular subjects I need to cowl on YouTube and by discovering the top-ranking movies for every search outcome on YouTube.

Within the instance beneath, you possibly can see the top-ranking outcomes for the subject “Instagram advertising and marketing,” primarily based on the outcomes, Adam Erhart and Be taught With Shopify will be the present key rivals for this matter.

You too can use YouTube Shorts to establish key rivals.

Begin by looking for the main focus key phrase and clicking the “Shorts” tab.

For instance, the present top-ranking Shorts rivals for the key phrase “Instagram advertising and marketing” are Vanessa Lau and Adam Erhart.

You should definitely go to the YouTube creator’s account to assessment the movies they’ve posted up to now yr to make sure that the subjects they cowl align with the general content material pillars or subjects that you just intend to cowl in your channel.

Step 2: Analyze competitor YouTube movies.

When you’ve recognized 5-10 rivals, it’s time to investigate the content material your rivals have printed for the yr.

For instance, I simply performed a 2024 competitor evaluation for HubSpot analyzing all of the movies created by our rivals in 2023.

I like to recommend contemplating the next issues when finishing a competitor evaluation:

  • What subjects are your rivals discussing?
  • What kind of movies are they making (tutorials, vlogs, critiques, and so forth.)?
  • How typically are they publishing content material?
  • How lengthy are their movies?
  • What are their hottest movies from the previous yr?
  • Do rivals have a video collection or recurring theme?
  • Are rivals utilizing interactive components akin to polls, clickable hyperlinks, or end-screen options?

Let’s proceed with the Instagram advertising and marketing instance from Step 1.

Under are examples of knowledge and data you could discover out of your evaluation of top-ranking Instagram advertising and marketing rivals:

  • Subjects mentioned: Normal Instagram advertising and marketing, Instagram updates/tendencies, Instagram advertising and marketing instruments, Instagram advertising and marketing technique
  • Kind of movies: Suggestions, how-to tutorials, explainers
  • Publishing cadence: As soon as per week
  • Size of movies: 10-20 minutes
  • Well-liked movies: “Instagram Advertising and marketing for Enterprise” / “Easy methods to Create a Instagram Content material Planner Calendar”

Professional Tip: I prefer to discover how rivals arrange their playlists and video collection. I assess the technique behind grouping sure movies and making a seamless viewing expertise.

And don’t skip out on thumbnail analysis. I take note of the visible model of our rivals’ widespread video thumbnails. I additionally establish tendencies in design, shade schemes, and components that seize consideration.

When you’ve aggregated this information, you need to use it to establish and make observe of any recurring themes.

These insights can be instrumental in crafting your content material technique as a result of it’s going to help you create content material that resonates along with your target market and ensures your channel is aggressive with different creators in the same panorama.

Step 3: Establish website positioning key phrases and techniques.

Subsequent, it’s time to look at your competitor’s video titles, descriptions, and tags.

This may help you perceive how your rivals are optimizing their movies for YouTube search.

You need to use competitor analysis together with website positioning instruments like TubeBuddy and VidIQ to assessment the month-to-month search quantity of the key phrases your rivals are utilizing.

Video Titles

For video titles, look at how every competing video is structured and establish any frequent key phrases/phrases. These titles talk what key phrases resonate along with your viewers and inform their searches on YouTube.

This evaluation will inform the way you form your titles to incorporate key phrases or phrases that your target market needs to see.

In our Instagram advertising and marketing instance, the title within the top-ranking video says: “The Full INSTAGRAM FOR BUSINESS GUIDE (Reels, Tales, Verification, Instagram Procuring & Extra!)”.

This title contains the main focus key phrase “Instagram for enterprise” in all caps, it signifies that it’s the full information, and offers a preview of what’s going to be mentioned within the video.

Video Descriptions

For video descriptions, analyze your competitor’s video description primarily based on construction, if/the place they embody related key phrases, hyperlinks, and extra context. This may assist develop the framework to your video descriptions.

In our Instagram advertising and marketing instance, an outline from a top-ranking social media advertising and marketing competitor might say: “Instagram For Enterprise Tutorial: Develop your Instagram and use it to drive your on-line gross sales.”

This means that the competitor is utilizing the first focus phrase (“Instagram for enterprise”) inside the first sentence and tells the viewer precisely what to anticipate within the video.

Video Tags

For video tags, make observe of any tags rivals use to boost discoverability.

Video tags assist categorize your content material and point out to your viewers what your movies are about.

Utilizing the suitable video tags to your video will finest permit YouTube to share your content material with viewers who’re excited by that content material.

In our Instagram advertising and marketing instance, video tags from a top-ranking Instagram competitor could also be: #instagramtutorials #instagramforbusiness.

This communicates to YouTube and the viewer that they may obtain details about Instagram, a tutorial, and particularly for companies.

Professional Tip: Past content material evaluation, I dive into rivals’ viewers interactions. I establish recurring key phrases in feedback and observe how rivals have interaction. Pinned feedback supply useful insights into favored phrases. I then leverage these findings to tailor my engagement technique.

Step 4: Observe group engagement and viewers suggestions.

On this step, I like to watch how rivals have interaction with their YouTube group and the way the viewers responds to their content material.

Group Engagement

Group engagement might help a creator join with their viewers.

You’ll need to look into how your rivals are utilizing group options on YouTube to interact with their viewers.

I search for patterns in how rivals reply to feedback, run polls, and handle suggestions.

Additional, you’ll need to maintain an in depth eye on whether or not your rivals are partnering with different creators to create their content material. This may help you refine and adapt your group engagement technique.

For instance, underneath the “Instagram for enterprise” video a viewer left a remark asking for readability about part of the video. Be taught with Shopify responded and offered further sources for the viewer.

This means to the Channel’s viewers that Be taught with Shopify is actively reviewing feedback and seeking to reply questions and supply instructional sources for his or her viewers.

That is one thing you’ll need to make observe of and incorporate into your technique.

Conversely, in case your competitor has a number of questions underneath their movies which might be left unanswered, that will function a degree of differentiation to your movies.

You might need to create movies about these unanswered questions, and/or create a fascinating presence in your feedback to harbor a better sense of group along with your viewers.

Viewers Suggestions

Analyzing the viewers interplay on competitor movies akin to likes can even help you perceive how the viewers obtained the video.

For instance, if I discover {that a} video has quite a lot of views and ranks #1 for the subject, but it surely has restricted likes, this will recommend that the viewers didn’t benefit from the content material that was delivered.

Reviewing feedback on competitor movies can provide you quite a lot of useful perception too. Viewer feedback might inform you precisely what they favored or disliked in regards to the video, what they need to see subsequent, and what they wished was included.

These feedback can set the stage for what you must embody or keep away from in your movies.

Within the instance beneath, underneath the “Instagram for enterprise” video, viewers left a number of constructive feedback about how a lot they loved the video. This can be a nice indicator that the video efficiently delivered worth to viewers.

You’ll be able to take inspiration from this video by analyzing how the video is structured, how data is offered, the size of the video, together with different insights.

Bear in mind, taking inspiration from a competitor doesn’t imply copying. You need to create unique content material that delivers worth to your viewers independently and initially.

Viewers don’t want one other video like this, they want one thing distinctive.

Additional, there’s a remark requesting a step-by-step information on the best way to create movies. This remark signifies that there’s a want for one of these video.

If it matches your content material technique, this can be a video you could create to your viewers.

Step 5: Establish content material gaps and use them to face out.

It’s time to take all the competitor insights you’ve discovered and switch them into content material methods to your YouTube channel.

You’ve evaluated and made observe of what your rivals are doing effectively and the place they’re falling brief. You’ll attempt to use what they’re utilizing effectively as inspiration.

The areas the place your rivals are falling brief are referred to as content material gaps.

To spherical out our Instagram advertising and marketing instance, let’s say I seen that rivals are making lengthy movies with out outlined chapters.

This may be an important probability to not solely undertake their profitable components however to additionally improve the viewer expertise by incorporating clear chapter markers.

This strategic differentiation is your key to standing out amidst rivals and delivering extra refined and fascinating video content material.

Professional Tip: I prefer to discover how rivals use captions and transcriptions. I additionally assess whether or not they present participating supplementary content material. For instance, HubSpot supplies its viewers with free content material affords on the HubSpot Advertising and marketing Channel as supplementary instructional content material.

Degree up your content material technique with a competitor evaluation.

YouTube competitor analysis might help take your content material technique to the subsequent degree.

Competitor analysis and evaluation function a compass for guiding your content material technique, providing insights into tendencies, viewers engagement, and content material gaps for alternative.

These insights lay the muse for a powerful well-informed content material technique.

The digital panorama is constantly evolving and with that it requires us to each stay vigilant and versatile. These competitor insights lay the groundwork to your content material technique, however they’re meant to evolve with rising tendencies, viewers preferences, and platform modifications.

Whereas adhering to the framework you’ve outlined from competitor analysis, you must proceed to experiment and take a look at new methods.

With the mix of competitor insights, experimentation, and monitoring tendencies, you’ll know the best way to create content material that your viewers needs to see.

That’s all from me for now — good luck along with your analysis.

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