It is relatively standard practice nowadays to do keyword rank checking with tools such as SEOmoz, Authority Labs or Conductor. It just makes sense to us as SEOs to keep an eye on them, whether you are of the school that you should be reporting them to your clients/boss or not. However, we know that with rankings there are so many variables at play that it is more of an art than a science to react to them when you see big changes.
Rank tracking helps inform us of how our tactics are working, whether competitors are up to something, or if Google has been playing with the dials again. However, I’ve been thinking recently about what other things we should be routinely tracking, and which of these might be helpful in prompting more specific actions.
One thing that I know some SEOs do, on and off, but something I haven’t really done much of until now is tracking my competitors’ sites (their markup, structure and content). Sure I look at their rankings, and if their has been interesting changes then I might look at OpenSiteExplorer, Majestic of Ahrefs to establish whether they’ve been doing anything new on the link-building front, but if it is internal changes to their site then I probably won’t spot the exact changes unless it was something in-your-face (like a complete redesign).
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