Competitive Intelligence in Paid Media: A Practical FAQ

In the fast-paced world of paid advertising, staying ahead requires more than just optimizing your own campaigns—it demands a sharp understanding of the competitive landscape. By systematically analyzing what your rivals are doing, you can uncover strategic opportunities, anticipate market shifts, and refine your own messaging. This guide provides practical answers to common questions about competitor intelligence, drawing on proven strategies for platforms like Google Ads and LinkedIn to help you turn insights into action.

How can we see what our main competitors are doing on Google Ads?

Leveraging Native and Third-Party Tools

To see what your competitors are doing on Google Ads, you can use a combination of free, built-in tools and more advanced third-party platforms. A great starting point is Google's own Ad Transparency Center. Here, you can search for a specific advertiser and view all the ads they are currently running across Google's network, including Search, Display, and YouTube. This provides direct insight into their creative and promotional messaging.

For a deeper analysis, consider using competitive intelligence tools like Semrush, SpyFu, or Ahrefs. These platforms offer a wealth of information, including:

  • Paid Keywords: See which keywords your competitors are bidding on.
  • Ad Copy History: Track how their messaging has evolved over time.
  • Estimated Spend: Get an idea of their advertising budget, which helps you benchmark your own investment.
  • Landing Pages: Analyze the pages they're directing ad traffic to, revealing their conversion strategies.

Finally, don't underestimate the power of manual searches. By regularly searching for your main keywords in Google, you can observe which competitors appear, their ad copy, and any extensions they use. This simple method, combined with the Auction Insights report within Google Ads, provides a real-time view of the competitive ad landscape.

What does 'Auction Insights' in Google Ads tell us about our competitors?

The Auction Insights report in Google Ads is a powerful tool that provides a direct comparison of your performance against other advertisers participating in the same auctions. It doesn't show their specific keywords or ad copy, but it reveals crucial strategic data through several key metrics:

  • Impression Share: This shows the percentage of times your ads were shown out of the total eligible impressions. Comparing your impression share to competitors' indicates how much of the available ad space you're capturing. A low share might suggest you're being outbid or have budget limitations.
  • Overlap Rate: This metric tells you how often another advertiser's ad received an impression in the same auction where your ad also showed. A high overlap rate indicates you're frequently competing head-to-head with that specific advertiser.
  • Position Above Rate: When both your ad and a competitor's ad were shown, this metric shows how often their ad was displayed in a higher position than yours. It’s a direct indicator of who is winning the ranking battle.
  • Top of Page & Absolute Top of Page Rate: These metrics show how frequently your ads (and your competitors') appear at the top of the search results page. This is crucial for understanding visibility and prominence.
  • Outranking Share: This is the percentage of times your ad ranked higher than a competitor’s in the auction, or when your ad showed and theirs did not. It's a comprehensive measure of your ability to outperform a rival.

By analyzing these metrics, you can make informed decisions about bidding strategies, budget allocation, and where you stand in the competitive hierarchy for your most important keywords.

Can we see the actual ads our competitors are running on LinkedIn?

Using the LinkedIn Ad Library

Yes, you can see the active ads a competitor is running on LinkedIn, and the process is quite straightforward and transparent. LinkedIn provides a public Ad Library that allows anyone to view the ads a company is currently running.

To access it, follow these steps:

  1. Navigate to your competitor's LinkedIn Company Page.
  2. Click on the 'Posts' tab in the page's main navigation menu.
  3. Within the Posts section, you will see another tab labeled 'Ads'. Click on it.

This will display a feed of all the ad creatives that the company is currently promoting on the LinkedIn network. You can see the ad format (such as single image, video, or carousel), the ad copy, and the associated visuals. This is an invaluable resource for understanding their messaging strategy, the types of content they're promoting (e.g., webinars, whitepapers, product demos), and their creative approach. While the library doesn't show targeting criteria, budget, or performance metrics, it provides a clear view of their public-facing advertising efforts, which you can use to inform and inspire your own campaigns.

How do we analyze competitor ad copy to identify their messaging and value propositions?

Analyzing competitor ad copy is essential for understanding their market positioning and identifying opportunities to differentiate your own brand. A systematic approach will yield the most valuable insights.

Key Areas to Analyze:

  • Unique Selling Propositions (USPs): Look for repeated phrases and benefits that your competitors consistently highlight. Are they emphasizing speed, price, security, ease of use, or customer support? These recurring themes often point directly to their core value proposition.
  • Calls-to-Action (CTAs): Note the specific actions they prompt users to take. Are they pushing for a direct sale ('Buy Now'), a lead-generating action ('Download Whitepaper', 'Request a Demo'), or a softer engagement ('Learn More')? This reveals their campaign goals and where they are targeting users in the sales funnel.
  • Emotional vs. Rational Appeals: Determine if the ad copy speaks to the user's emotions (e.g., 'Feel secure with...') or focuses on logical, feature-based arguments (e.g., '20% faster than...'). This helps you understand how they are trying to connect with their target audience.
  • Use of Numbers and Social Proof: Look for data points, statistics, pricing, and discounts in their ads. Do they mention the number of customers, years in business, or specific ratings? These elements are used to build credibility and urgency.

To make this practical, create a simple spreadsheet or 'swipe file' with screenshots of competitor ads. Categorize them by competitor and note the headline, body copy, and CTA. Over time, you'll see patterns emerge that reveal their strategic messaging pillars, allowing you to craft ad copy that stands out and addresses gaps in their positioning.

Our competitors are bidding on our brand name. What should we do?

When competitors bid on your brand name, it can be frustrating, but it's a common and generally legal practice in paid search. The best response is usually a defensive one, focused on protecting your brand traffic.

Implement a Brand Protection Campaign

The most effective strategy is to run your own Google Ads campaign bidding on your own brand keywords. This is often called a 'brand protection' or 'defensive' campaign. Here’s why it’s crucial:

  • Maintain Top Position: By bidding on your own name, you can almost always secure the #1 ad spot. Since your ad and landing page are highly relevant to your brand name, you'll have a high Quality Score, which leads to a lower cost-per-click (CPC) for you than for your competitors.
  • Control the Message: This ensures that the first thing users see when they search for you is your own, perfectly crafted message, not a competitor's attempt to siphon off your traffic.
  • Increase Competitor Costs: Your strong presence forces competitors to bid more aggressively to get any visibility, making it more expensive and less profitable for them to continue bidding on your terms.

Additional Steps to Consider:

If your brand name is trademarked, Google's policy prevents competitors from using your trademarked name in their ad copy. They can still bid on the keyword, but they can't put your name in their headlines or descriptions. If you see a competitor using your trademarked name in their ad text, you can file a trademark complaint with Google to have the ad taken down. While it may seem counterintuitive to pay for clicks you might have received organically, a brand protection campaign is a necessary cost of doing business to defend your market share and control your brand narrative.

Should we run competitor conquesting campaigns, and what does that strategy look like?

Yes, running competitor conquesting campaigns can be a highly effective, albeit aggressive, strategy for capturing high-intent customers. This tactic involves bidding on your competitors' brand names as keywords in your paid search campaigns. When a user searches for a competitor, your ad appears as an alternative solution.

The Strategy Behind Conquesting:

A successful conquesting campaign is more than just bidding on a name; it requires a tailored approach:

  1. Strategic Keyword Selection: Start by targeting your closest competitors—those whose customers could most easily switch to your solution. Focus on exact and phrase match keywords of their brand names to ensure relevance.
  2. Compelling, Differentiated Ad Copy: Your ad copy must immediately acknowledge the user's original search and present a clear reason to consider your brand instead. Use comparison-focused language like 'Looking for an Alternative to [Competitor]?' or 'See Why [Your Brand] is the Top Choice.' Highlight your key differentiators, whether it's price, features, or service quality.
  3. Dedicated Comparison Landing Pages: Do not send this traffic to your homepage. Create a dedicated landing page that directly compares your product to the competitor the user searched for. A 'vs.' page with a feature comparison table, testimonials from former competitor customers, and a clear call-to-action is highly effective.

While conquesting can be expensive due to lower Quality Scores (your ad is less relevant to the competitor's brand name), it targets users who are already in the market and evaluating solutions. This makes it a powerful tactic for increasing market share and capturing bottom-of-the-funnel traffic.

What kind of landing pages do we need for a 'Rapid7 vs. CrowdStrike' campaign?

For a 'Rapid7 vs. CrowdStrike' conquesting campaign, a generic landing page won't be effective. You need a highly specific and optimized competitor comparison landing page designed to convert users who are actively weighing their options between these two solutions.

Essential Elements of the Landing Page:

  • Direct and Relevant Headline: The headline should immediately confirm the user is in the right place. Something like 'Rapid7 vs. CrowdStrike: A Head-to-Head Comparison' or 'Looking for a CrowdStrike Alternative? See How Rapid7 Compares.'
  • Clear Feature Comparison Table: This is the core of the page. Create a side-by-side table that compares key features, capabilities, and services. Be honest about the competitor's strengths, but strategically highlight the areas where your product (e.g., Rapid7) excels. Focus on differentiators that matter to your target audience.
  • Social Proof and Testimonials: Include quotes, case studies, or logos from customers who switched from CrowdStrike to Rapid7. This is incredibly powerful social proof that builds trust and validates the decision to switch. G2 or Capterra review scores can also be very persuasive.
  • Address User Pain Points: Subtly address common frustrations with the competitor's product and explain how your solution solves them. This shows you understand the user's needs.
  • Strong, Clear Call-to-Action (CTA): The CTA should be relevant to the user's stage in the buying journey. Options like 'Get a Personalized Demo,' 'See a Detailed Comparison,' or 'Start a Free Trial' work well. Ensure the CTA is visible and repeated on the page.

The goal is not to aggressively attack the competitor, but to position your brand as a superior, objective choice by providing the user with all the information they need to make an educated decision.

How do we monitor our share of voice in the paid search landscape?

Monitoring your share of voice (SOV) in paid search is crucial for understanding your visibility and competitiveness. The most direct way to do this within Google Ads is by using the Impression Share (IS) metric.

Using Impression Share as Your Primary Metric

Impression Share is the percentage of impressions your ads received compared to the total number of impressions they were eligible to get. A 40% Impression Share means your ads showed up for 4 out of every 10 eligible searches. This is your effective share of voice for the keywords you're targeting.

You can analyze several types of Impression Share:

  • Search Impression Share: Your overall SOV on the search network.
  • Search Lost IS (Budget): The percentage of impressions you lost because your budget was too low. This is a clear signal that you need to increase your budget to gain more visibility.
  • Search Lost IS (Rank): The percentage of impressions you lost due to poor ad rank (a combination of your bid and Quality Score). This indicates you need to improve your ad relevance, landing page experience, or increase your bids.

Benchmarking Against Competitors

To see how your SOV stacks up against others, use the Auction Insights report. This report directly compares your Impression Share with the Impression Share of other advertisers participating in the same auctions. By regularly reviewing this report at the campaign, ad group, or keyword level, you can track whether your SOV is increasing or decreasing relative to your key competitors and make strategic adjustments to your budget and bidding strategy to defend or grow your market presence.

Are there tools that can help us track competitor ad spend and strategies?

Yes, there are several powerful third-party competitive intelligence tools that provide deep insights into competitor ad spend, keywords, and overall strategy. While no tool can give you the exact, actual spend data from a competitor's account, they use sophisticated models to provide reliable estimates that are invaluable for strategic planning.

Leading Tools for Competitor Tracking:

  • Semrush: A comprehensive digital marketing suite. Its Advertising Research tool allows you to enter a competitor's domain and see their estimated paid search traffic and cost, the keywords they're bidding on, and their live ad copy. You can also view their ad history to spot trends in their promotions and messaging.
  • SpyFu: As the name suggests, SpyFu excels at 'spying' on competitor PPC strategies. It provides years of historical data, showing you which keywords a competitor has consistently bid on and which they've tested and dropped. It also highlights their most profitable keywords and ad copy variations.
  • Ahrefs: While widely known for SEO, Ahrefs also has strong paid search analysis features. You can use its Site Explorer to see a competitor's PPC keywords, view their top ads, and analyze the landing pages that drive the most paid traffic.
  • AdClarity: This tool, available through Semrush, specializes in display, social, and video advertising intelligence. It provides estimates on competitor ad spend across these channels, showing you their ad types, placement strategies, and expenditure trends.

These tools are essential for moving beyond the basic data available in Google Ads. They help you understand the broader competitive landscape, benchmark your budget and performance, and uncover new strategic opportunities by learning from your competitors' successes and failures.

How do we respond when a competitor launches a new, aggressive campaign in our space?

When a competitor launches an aggressive new campaign, it's important to respond strategically rather than reactively. A measured, data-driven approach will ensure you protect your market share without getting drawn into an unprofitable bidding war.

A Step-by-Step Response Plan:

  1. Analyze the Threat: First, use tools like the Google Ads Auction Insights report and third-party platforms like Semrush or SpyFu. Is the competitor's impression share suddenly spiking on your core keywords? Have they launched a new, compelling offer or messaging? Determine the scope and nature of the campaign. Is it a short-term promotion or a long-term strategic shift?
  2. Defend Your Brand: Ensure your own brand protection campaign is fully optimized and funded. Increase bids on your own brand terms if necessary to maintain the top position and make it more expensive for the competitor to conquest your audience.
  3. Reinforce Your Strengths: Instead of just copying the competitor, double down on your unique value propositions. If they are competing on price, you might respond by emphasizing your superior quality, customer service, or specific features they lack. Adjust your ad copy to highlight these differentiators more clearly.
  4. Strategic Budget Redistribution: Evaluate your own budget allocation. It may be necessary to temporarily shift funds to more competitive campaigns to defend your position. This could mean moving budget between different channels (e.g., from Bing to Google) or between different campaigns to counter the competitor's push where it matters most.
  5. Consider a Counter-Campaign: If the competitor's campaign is gaining significant traction, you may need to launch a targeted counter-campaign. This could involve a new promotional offer or a direct comparison campaign that highlights your advantages.

The key is to remain agile. Monitor performance daily, understand the impact on your key metrics, and be prepared to adjust your strategy as the competitive dynamics evolve.

What can we learn from the types of lead magnets and offers our competitors are promoting?

Analyzing the lead magnets and offers your competitors promote is like getting a blueprint of their content marketing and sales funnel strategy. These offers are rarely arbitrary; they are carefully chosen to attract specific customer segments at different stages of the buyer's journey.

Insights You Can Gain:

  • Target Audience and Sophistication: The type of content offered reveals who they are targeting. A 'Beginner's Guide to X' is aimed at a top-of-funnel, less-informed audience. In contrast, a 'Technical Whitepaper on Y' or a 'ROI Calculator' targets a more knowledgeable, bottom-of-funnel prospect who is closer to making a purchase decision.
  • Funnel Strategy: By mapping their offers, you can visualize their funnel. Are they primarily using ads to drive webinar registrations (middle funnel), ebook downloads (top funnel), or free trial sign-ups (bottom funnel)? This tells you where they are focusing their customer acquisition efforts.
  • Key Pain Points and Solutions: The topics of their lead magnets (e.g., '10 Ways to Solve Problem Z') directly highlight the customer pain points they are trying to solve. This can validate your own understanding of the market or reveal new angles you haven't considered.
  • Messaging and Positioning: The language used to promote the offer—on the ad, the landing page, and within the content itself—reinforces their value proposition. It shows you how they frame problems and present their product as the ideal solution.

By regularly reviewing competitor ads and signing up for their offers, you can gather valuable intelligence to inspire your own lead generation efforts, identify content gaps in your own strategy, and better understand how to position your offers to stand out.

How do we perform a competitive analysis without getting bogged down in too much data?

Performing a competitive analysis can quickly lead to data overload if not approached with a clear focus. The key is to prioritize what matters most and establish a sustainable process, rather than trying to track everything all at once.

Strategies for a Focused Analysis:

  1. Identify Your Key Competitors: Don't try to analyze every company in your space. Start with a list of 3-5 primary competitors—those who directly target your ideal customer profile and consistently appear in the same ad auctions (use the Auction Insights report to identify them).
  2. Focus on High-Impact Metrics: You don't need to track dozens of metrics. Concentrate on the vital few that reveal strategic intent. For paid search, this includes:
    • Impression Share: To understand your share of voice.
    • Ad Copy Themes: To identify their core messaging and value propositions.
    • Primary Offers/CTAs: To understand their funnel strategy.
  3. Establish a Regular Cadence: Competitive analysis should be a regular habit, not a one-time project. Set a schedule, such as a monthly or quarterly review. This allows you to focus on trends and significant shifts over time, rather than getting lost in daily fluctuations. A quick weekly check of the Auction Insights report can also be beneficial.
  4. Use a Centralized Template: Create a simple spreadsheet to track your findings. Have columns for each competitor and rows for the key metrics you're tracking (e.g., Impression Share, Key Message, Current Offer). This keeps the data organized and makes it easy to spot changes from one period to the next.

By narrowing your focus to top-level campaigns and the most critical competitors and metrics, you can gather actionable intelligence efficiently without getting overwhelmed by excessive data.