How to analyze keywords

Having access to millions of keyword ideas is all well and good. But how do you know which ones are best? After all, going through them all by hand will be a near-impossible task.

The solution is simple: Use SEO metrics to narrow things down and separate the wheat from the chaff before adding them to your keyword list.

Let’s explore four keyword metrics you can use to do this.

Search volume

Search volume tells you the average number of times a keyword gets searched per month. For example, “donald trump” has a monthly search volume of 3.1 million in the U.S. alone.

Overview of "donald trump," via Ahrefs' Keywords Explorer

There are four important things to know about the search volume metric:

  1. It’s the number of searches, not the number of people who searched – There are cases where someone might search for a keyword multiple times a month (e.g., “weather in singapore”). All such occurrences contribute to the search volume of that keyword, even though it’s the same person making searches.
  2. It doesn’t equal how many visits it will send you if you rank for it – Even if you manage to rank #1, your traffic from that one keyword will rarely exceed 30% of its search volume. And that’s if you’re lucky.
  3. It’s an annual average – If there are 120K searches for a keyword in December and none for the remaining 11 months of the year, its reported monthly search volume will be 10K (120K/12 months).
  4. It’s country-specific – Keyword tools often display search volume for the selected country. But some of them also have an option to show you the global search volume, which is the sum of search volumes across all countries.

Almost every keyword research tool will have a search volume filter to let you focus on the keyword ideas with a specific range of popularity. It has two main use cases:

  1. Filtering out super high-volume keywords – If your site is new, then you probably don’t want to waste your time looking at keywords with 10K+ monthly searches because they’re likely to be too competitive for you.
  2. Filtering specifically for lower-volume keywords – Perhaps you want to find uncompetitive, low-volume keywords where you can easily get a little bit of traffic. These are often referred to as “long-tail keywords.”

Long-tail keywords are a household name in SEO. And yet they’re often overlooked. It seems no one wants to go after a keyword unless it gets at least a hundred searches per month. Let alone if it comes up as having zero search volume.

List of keywords showing corresponding search volume of 0–10

Such “zero volume” keywords will only bring a few visitors per month if you rank for them. But the thing is they add up! If you publish a hundred articles targeting such keywords, your annual total traffic may actually add up to a few thousand highly targeted visitors.

It’s a common rookie mistake to disregard low search volume keywords. They’re just as useful as their more popular counterparts. Often even more useful, since they’re more specific and often have high commercial value.

Another important thing to remember about search volumes is that they may vary slightly from tool to tool. That’s because each tool calculates and updates this metric in different ways. 

All in all, search volume is an incredibly important metric in SEO. So I highly recommend that you read this dedicated article that I wrote about it.

KEEP AN EYE ON SEARCH VOLUME TRENDS

Given that search volume is an annual average, it can often lead you astray in terms of the future search demand of a given search query. If some keyword had a big spike in popularity, this would inflate its average search volume while the popularity might actually decline from there. 

Overview of "axie infinity," via Ahrefs' Keywords Explorer

The infamous NFT game, Axie Infinity, had a big spike in search volume in July 2021. But from there, it’s only been going downhill. So even though the annual average search volume is reported as a solid 169K, last month’s search volume was actually just 39K and is likely to drop even further in the coming months.

If you haven’t heard about it before, Google Trends is a nice free tool for analyzing trending searches. And we have written a pretty extensive guide on how to use it.

Traffic Potential

The U.S. search volumes of the following two keywords are nearly equal:

Two keywords with nearly identical search volumes

Which means that the amount of search traffic that you may get from targeting each of them should also be nearly equal, right?

Well, not quite.

Let’s take the top-ranking pages for each of these keywords and compare how much search traffic they get in the U.S. This can easily be done by copying their URLs into Ahrefs’ Site Explorer.

Overview of a post about sales pages, via Ahrefs' Site Explorer
Overview of an Ahrefs blog post about submitting your website to search engines, via Ahrefs' Site Explorer

And it turns out that one of these pages is actually getting nearly 5X more search traffic than the other.

How can that be?

Well, webpages don’t rank in Google for just a single keyword. If you look at the two screenshots above attentively, you’ll see that the top-ranking page for “sales page” is ranking in Google for 55 keywords (check the “Organic keywords” tile). While the top-ranking page for “submit website to search engines” ranks in Google for a total of 406 different keywords.

Here are some of them (as seen in the Organic keywords report in Site Explorer):

Organic keywords report results, via Ahrefs' Site Explorer

Whatever search query you have in mind, different people will phrase it differently while, essentially, looking for the same thing. Google is smart enough to understand that. And it, therefore, ranks the same page for all these similar search queries.

We studied this “phenomenon” back in the day, and it turned out that the average top-ranking page would also rank for about a thousand similar keywords.

This means that you should not blindly rely on the search volume of a single keyword when estimating the search traffic that your page is going to get if it ranks for it. What you need to do instead is examine the top-ranking pages for that keyword and see how much search traffic they get in total from all the variations of that keyword, which they rank for.

Here at Ahrefs, we thought it was such an important thing to consider when analyzing keywords that we have developed a dedicated metric to address it.

It’s called “Traffic Potential,” and it shows how much search traffic the top-ranking page for your keyword gets.

Overview of "submit website to search engines," via Ahrefs' Keywords Explorer

In Ahrefs’ Keywords Explorer, the Traffic Potential metric is located right next to the search volume. This saves you lots of time looking up what page ranks #1 for that keyword and how much search traffic it gets in total.

Both the search volume and Traffic Potential metrics are country-specific, though. So if you need to gauge the worldwide search traffic of a top-ranking page, you’ll need to use Site Explorer with “All countries” mode selected.

Keyword Difficulty

Experienced SEO professionals typically gauge the ranking difficulty of each keyword manually. That is, by looking at the search results for each keyword and analyzing them. They account for many different factors to judge how hard or easy it’ll be to rank:

  • Search intent
  • Content depth, relevance, freshness, authority
  • Number (and quality) of backlinks
  • Domain Rating
  • SERP features
  • Etc

This process varies from person to person, and there’s no consensus on precisely what is and isn’t important here. 

One person might believe that Domain Rating is important, and another might think that relevance plays more of a role. 

The opinions might also vary depending on the type of search query that they’re analyzing, because for different kinds of queries Google gives preference to different things.

All of that makes life a little difficult for SEO tool creators, who try to distill the complex and intricate concept of ranking difficulty down to a simple two-digit number. 

But after talking to many professional SEOs about the signals that an actionable Keyword Difficulty (KD) score should factor in, we realized that everyone agreed on at least one thing: Backlinks are very important for ranking. 

So, in the end, we decided to base our Keyword Difficulty (KD) score on the number of unique websites linking to the top 10 ranking pages.

Infographic showing the four ranges (easy, medium, hard, super hard) of Ahrefs' keyword difficulty scale

As you can see in the image above, KD relates to the estimated number of linking websites your page needs to rank in the top 10. 

Did you get that? It’s not the estimated number of linking websites you need to rank #1. It’s the estimated number you need to rank in the top 10. Getting to #1 is an entirely different battle.

Many people misuse the KD metric by setting the filter from 0 to 10 and focusing solely on the easy keyword ideas. But here’s why avoiding high-KD keywords might be a mistake:

  1. You should go after high-KD keywords sooner, not later – You’ll need lots of backlinks to rank for high-KD keywords, which takes a lot of time and resources. So it pays to create your page and begin promoting it as soon as possible. The sooner you start, the sooner you’ll get there.
  2. Look at high-KD keywords as link opportunities – The fact that the top-ranking pages for some keywords have lots of backlinks is a sign of a “link-worthy” topic. If you create something original on that topic, there’s a good chance lots of people will link to you.

The bottom line is this: KD is not there to deter you from targeting specific keywords. It’s there to help you understand what it’ll take to rank for a given query (as well as the “link-worthiness” of a given topic).

Just know that you should always manually assess keywords before going after them and not rely solely on any tool’s difficulty score to make your final decision. No single score can distill the complexity of Google’s ranking algorithm into a single number. Be wary of tool creators who suggest otherwise.

Cost Per Click (CPC)

Cost Per Click (CPC) shows how much advertisers are willing to pay for a click on an ad displayed on top of search results for a given keyword. It’s more a metric for advertisers than SEOs, but it can serve as a useful proxy for a keyword’s value.

Ad on a Google SERP

For example, the keyword “project management software” has a pretty high CPC of $30. That’s because people searching for it seem to be looking for a product to buy. 

List of two keywords. One with a high CPC, the other with a low CPC

But it’s a different story for “project management methodologies.” This is clearly an informational search query, and the odds of selling your project management software to these people are not as high—hence, the much lower CPC of $6.

One important thing to know about CPC is that it’s much more volatile than search volume. While the search demand for most keywords stays roughly the same from month to month, their CPC can change any minute as more companies display ads for them. 

This means that the CPC values that you see in various SEO tools are merely snapshots in time and aren’t particularly precise. If you want to get real-time CPC data, it is recommended that you use AdWords.


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