Keywords are the words or phrases people type into search engines like Google to find products and services that might relate to your business.
1. Doing a thorough keyword analysis means that you will be putting all your efforts and investment into getting your site to the top of Google rankings for search phrases that are relevant to your business. And for phrases that people are actually looking for in the biggest numbers. This will help send targeted quality traffic to your website.
2. Going through the process of identifying your keywords will also help you learn the language of your target customers. Too many businesses use jargon that they are familiar with, but their customers don't understand what that might mean. Speaking the same language as your customers can improve your conversion.
3. You can spend a lot of time, money and resources to obtain and hold a good ranking for a search phrase. If later down the track you realise that you didn't get the right search phrases, it can be difficult to change your target phrases. This is because part of ranking well in search engines involves getting links to your site from other credible sites. An important part of those links is the 'anchor text'. 'Anchor text' is the visual text on the page that links to a site. For example in this article, one of the anchor texts is 'Pay-Per-Click campaigns' (below). The anchor text should incorporate your target search phrases for a good Google ranking. It's difficult to change the anchor text on other websites, therefore finding the right keyword phrases will prevent this from happening.
4. Knowing the right keywords is the starting point to setting up effective Pay-Per-Click campaigns.
A pig hunter ran an online business selling pig hunting DVDs internationally. Doing a keyword analysis revealed that very few of his target customers actually referred to it as 'pig hunting'. His American customers referred to it as 'hog hunting'. His European customers referred to it as 'boar hunting' and only Australian and New Zealand customers called it 'pig hunting'.
A quick check on Google Insights can show this information:
So how do you go about finding the right keywords/search phrases for your business? Read our article on how to do a keyword analysis.