by 
Are your competitors getting massive reach and engagement on Facebook?
Would you like to learn the secret of their Facebook success?
While we’d never advocate copying your competitor’s posts exactly, it’s helpful to monitor and study the posts of your competition.
You may get ideas on how to tweak your own posting strategy to build on what’s working for someone else.
In this article I’ll show you how to research what your competition is doing on Facebook so you can study what works and model it on your own page.
#1: Set Up Facebook Pages to Watch
Facebook Pages to Watch is a great way to start sleuthing. It’s also a very underutilized area in Facebook Insights. You don’t have to worry that page owners will know that you have put them on your list; they’ll just get a notification that “someone” has put their page on a Pages to Watch list.
Go to the Overview section of Insights on your Facebook page and scroll down to Pages to Watch. Click Add Pages. There will probably be some suggestions, but you can also search for and select pages to watch.
Add competitors’ pages, as well as pages that get a lot of engagement in other industries. You can add up to 100 Pages to Watch, so don’t worry about running out of space.
Check Pages to Watch regularly, and take note of how many times they post and what type of engagement they get. If you click on each page, you’ll see their top posts of the last week, starting with one that received the highest engagement.
Next, go to the Posts section of your Insights, and click on the Top Posts from Pages You Watch. This will only show the top five posts across all of the pages you watch, so you may want to adjust your selections, depending on what you want to monitor easily from this page.
Dig a little deeper into the type of engagement these posts are getting. Click on the post itself for likes, shares and comments. When you know which posts are getting what kind of engagement, you can discover ways to adapt the strategy for your own page.
#2: Create Facebook Interest Lists
Another way to easily monitor pages without letting them know you are watching is to put competitor pages on a Facebook interest list. You can even add a page to a list without liking it (thus keeping you in stealth monitoring mode).
Click on Interests on the left sidebar of your personal Facebook home page or just go there directly: http://www.facebook.com/bookmarks/interests. Now click the Add Interests button.
Next, click Create List. Then search for the pages you want to add to that list. Click on each page you want to add.
After you add several pages, click Next and name your list.
If this is a list of competitors that you want to monitor, select Only Me under the “Who can see this list” option. That way it’s private.
If you decide to make a public list to curate as a resource, make sure the name’s descriptive.
Once you name your list and select privacy, click Done.
Now you can click on this list name on under your Facebook Interests, and watch and review all of the recent posts on that list.
Creating an interest list is an easy way to check on what types of things competitors are posting daily without navigating to their pages individually.
Put Google Analytics to Work for Your Business
Ever thought, "there's got to be a better way" when it comes to tracking your marketing activities? Are you forced to make decisions based on limited data? With the right training, you can use Google Analytics to measure all of your marketing efforts with certainty. You’ll stop the leaks in your ad spending, justify your marketing spend, gain the confidence you need to make better marketing decisions, and know what’s working at every step of the customer journey. Let the world's leading analytics pro show you the way. Check out our new Google Analytics for Marketers course from your friends at Social Media Examiner.
#3: Use Viral Photos From Post Planner
While the Pages to Watch feature in Facebook Insights is a great way to review your competition’s recent posts, you may want to go back a little farther in time. Post Planner has a great tool to help you discover what photo has had the best engagement of all-time on any page.
Viral Photos is part of the Guru package of Post Planner, which is currently $29/month. When you go into the app, you can access Viral Photos to see photos from a variety of pages. Also, to watch specific pages, add a fan page URL.
If a photo got a lot of engagement, you may even want to share that photo to your own page. However, I only recommend doing this if it’s not from a direct competitor’s page.
Use Viral Photos to gather examples of what photos inspire engagement on other pages.
Remember, you can’t download images from other pages and upload them to your own (yes, we know it’s done all the time), because of copyright infringements.
Think of ways to model the types of posts that are getting a lot of engagement on other people’s pages.
#4: Monitor With AgoraPulse
AgoraPulse is a low-cost tool to help you see what’s working on other pages. Monitor several competitors and see at a glance how they’re doing with their engagement. The different colors indicate their performance compared to other pages of their size.
Use AgoraPulse to keep an eye on your competitors’ growth and engagement and to see which ones merit closer analysis.
#5: Use Simply Measured Free Reports
Get a host of free reports to analyze your competition on several different social media sites on Simply Measured. In addition to Facebook, there are reports for Instagram, Google+, LinkedIn, Twitter and Vine.
Access the free reports here. Select Free Facebook Competitive Analysis and choose up to 10 pages with a total number of fans of 250,000 or fewer. (They’ll ask you to post about them on Facebook in exchange for the free report.) They’ll email the report to you or you can click a link.
The free tool will compare the last 2 weeks of data between you and your competitors. If you want to see a wider range, sign up for their service.
Be Aware of Boosts From Facebook Ads. Keep in mind that certain posts may be boosted or promoted through Facebook ads, so the reach and engagement will be higher. If you see a large spike of engagement on one of your competitor’s posts, it may be due to advertising. The only way to tell is if you see the sponsored tag when the post goes through the news feed.
Compare the high-engagement post to the typical posts on the competitor’s timeline to see if high engagement is organic or due to advertising.
Watch which posts competitor pages promote and make sure you aren’t copying a technique that’s artificially inflated by using Facebook ads.
Competitor analysis can be done on a regular basis and/or whenever your strategy could use a lift.
Conclusion
Keep an eye on your competition to discover effective techniques and content types to use to improve your Facebook marketing strategy.
Just remember to stay true to your own brand and message. If your competition on Facebook posts nothing but cat videos, that technique may work for better engagement, but it isn’t going to help you with your overall marketing efforts.
Use a variety of tools to watch and analyze. Then choose the right techniques to modify for your company.
What do you think? What tools do you use to monitor other businesses? Have you found any inspiration from watching your competitors? What works for you? Share your thoughts with us in the comments below!
