Keyword research is an important step in digital marketing. Unfortunately, though, it’s also something that many business owners and digital marketers overlook. Even if a business is profitable, it can probably increase its profits and improve its operations by conducting keyword research. Here are a few reasons all modern businesses need keyword research.
Identify untapped niches.
Using keyword research, businesses owners can identify untapped niches. As explained by Huffington Post, a niche is small, profitable segment of a business’s market that has less competition than its other, larger market segments. Niches usually drive lower sales volume, but the lack of competition means they offer a higher return on investment (ROI). To uncover these potentially profitable niches with low competition though, business owners must conduct keyword research on common terms related to their products or services. After identifying relevant, untapped keywords, business owners can expand into their operations into these market segments.
Cross-selling.
Keyword research can also help businesses with cross-selling. An e-commerce business owner, for instance, can use retail customer relationship management (CRM) software to track visitors’ searches. Using this information, the business owner can show relevant products to shoppers based on their search history. Furthermore, keyword research tools can reveal related keywords, making it easier to choose relevant products for cross-selling.