Cracking the Code: Using AI to Analyse Competitor Hashtag Strategies and Trends

by | Aug 23, 2024

In today’s digital age, staying ahead of the competition requires more than just innovative products and services; it demands a keen understanding of social media strategies. One of the most potent tools in a marketer’s arsenal is the use of hashtags. Recently, I delved into the fascinating world of AI to analyse competitor hashtag strategies and trends, and I’m thrilled to share my journey with you. Buckle up as we explore this powerful technique that can transform your social media game.

Unearthing the Right Tools

The first step on this journey was identifying the right AI tools. There are numerous AI-driven platforms out there, but I found that tools like Hootsuite Insights, Brand24, and Sprout Social offer robust hashtag analysis features. Each of these platforms has its unique strengths, but the common thread is their ability to sift through vast amounts of data to pinpoint trends and patterns.

For my analysis, I opted for Sprout Social. Its user-friendly interface and comprehensive analytics made it an excellent choice for someone relatively new to AI-driven hashtag analysis.

Setting Up the Analysis

Once I had my tool in place, the next step was setting up the analysis. This involved defining the competitors and the specific social media channels to monitor. I chose three direct competitors and focused on Instagram and Twitter, as these platforms are hashtag-centric and have a significant impact on brand visibility.

Here’s a step-by-step breakdown of the setup process:

  1. Define Competitors: Input the social media handles of your competitors into the tool.
  2. Select Platforms: Choose the social media platforms you want to analyse. In my case, Instagram and Twitter.
  3. Time Frame: Set a time frame for the analysis. I opted for the past six months to get a comprehensive view of recent trends.

Gathering Data

With the setup complete, it was time to let the AI do its magic. Sprout Social began collecting data on the hashtags used by my competitors, including their frequency, engagement rates, and the context in which they were used. This process took a few hours, but the wait was well worth it.

Analysing the Insights

The data was in, and it was time to dive into the insights. The AI tool provided a wealth of information, but three key areas stood out:

  1. Hashtag Popularity: The tool ranked hashtags based on their usage frequency and engagement. This helped me identify which hashtags were driving the most interaction for my competitors.
  2. Contextual Usage: Understanding the context in which hashtags were used was crucial. The AI analysed the content accompanying each hashtag, revealing patterns such as the type of posts (promotional, user-generated, informational) and the timing of posts.
  3. Emerging Trends: One of the most exciting insights was identifying emerging trends. The AI highlighted hashtags that were gaining traction, allowing me to stay ahead of the curve.

Implementing the Strategy

Armed with these insights, I began crafting my own hashtag strategy. Here’s how I did it:

  1. Adopt Successful Hashtags: I incorporated some of the top-performing hashtags from my competitors into my own posts. This helped increase visibility and engagement.
  2. Create Contextual Content: Understanding the context in which successful hashtags were used allowed me to tailor my content accordingly. For instance, if a popular hashtag was often used in user-generated content, I encouraged my audience to create and share their own posts.
  3. Leverage Emerging Trends: By adopting hashtags that were on the rise, I positioned my brand as a trendsetter. This not only boosted engagement but also attracted a new audience.

Monitoring and Adjusting

The final step was monitoring the performance of my new hashtag strategy and making adjustments as needed. This is an ongoing process, as social media trends can shift rapidly. Using the same AI tool, I regularly tracked the performance of my hashtags and tweaked my strategy based on the results.

Bringing It All Together

Harnessing the power of AI to analyse competitor hashtag strategies and trends has been a game-changer. Not only did it provide actionable insights, but it also allowed me to stay ahead of the competition by adopting and adapting successful strategies. By identifying the right tools, setting up a thorough analysis, and continually monitoring performance, I was able to enhance my social media presence and drive greater engagement.

This journey has underscored the importance of data-driven decision-making in digital marketing. With AI, we have the ability to turn vast amounts of data into meaningful strategies that can propel our brands forward. So, if you haven’t yet explored this approach, I highly recommend giving it a try. You might just find the key to unlocking your social media potential.