Friday, January 19, 2024

How Semrush Came to Dominate Their Industry


full image - Repost: How Semrush Came to Dominate Their Industry (from Reddit.com, How Semrush Came to Dominate Their Industry)
How SEMRush Come to Dominate SEO IntelligenceIf you're a marketing professional that doesn't live under a rock, It's likely you have heard of SEMrush.Founded in 2008, Semrush was originally a purely SEO-focused service which provided data and insights to marketers and businesses looking to increase their domain authority, build backlinks, and make better content.In those 16 years, SEMrush has broadened their product to include tools for paid ads, social media, and more. They have thoughtfully built AI into their product, and in the last few years, they have become an Industry standard.The QuestionAs I continue to build my personal brand on linkedin, I have posed questions like this to the public. A few weeks ago I did just this with the case of Semrush.I asked my network if they agreed that Semrush had become the undisputed industry leader, and I speculated as to how and why this was.Much to my elation, many people confirmed my claim, that Semrush was the most popular tool in their niche.Furthermore, the official Semrush account and the company's president dropped super helpful comments.The AnswersIn response to my query, the official Semrush account had this to say:Hi Noah, thanks for the shout-out! We've got a great team over here all dedicated to the same mission of building the top online visibility management and content marketing platform. We currently have over 55+ tools in our suite and have consistently launched new tools and features over the last few years. In addition to this, we have adapted to the ever-changing industry to focus on the increase in demand for automation tools like ContentShake AI, AI Writing Assistant, etc. We don't plan on slowing down anytime soon and will continue to adapt and meet our users where their needs are, aiming to enhance and simplify marketing workflows across the board. Here's to 2024 and beyond 🚀And then something even bigger happened. Semrush's president, Eugene Levin, left a value-packed comment breaking down how they achieved market dominance.Eugene broke down the success they have had, along with their product vision, and put it into an actionable list of advice. Here is an excerpt from his comment:Answering the first question we definitely had a lot of success recently, but there are always more things to do. Once you are a market leader you have to run as fast as you can just to maintain your current position. With respect to your second question It's an overnight success that takes 10 year to build.And here are the pieces of advice he gave for other brands looking to replicate what has worked for Semrush:Relentless Focus on Product QualitySemrush is always keep investing in high performing products no matter how good they already are. It takes years of polishing to make a diamond out of rock.Customer Feedback MindsetSemrush has a lot of customers who have great ideas and willing to share them with them. The hard part is to know how to listen. Eugene pointed to their openness to listen to feedback as a major driver for their marketing efforts, and the improvement of their product.Constant Expansion of Product PortfolioMarketing evolves and their products have to evolve with it. Not every innovation is going to be an instant success. But you’ll have successful innovations only if you are not afraid to try and experiment.Critical MassOnce you achieve a certain scale/size you benefit from “gravity”. People see you as an industry standard. For example most of SEO jobs on Indeed mention Semrush as a requirement.Learn From Companies Like SemrushTaking lessons from successful brands like Semrush is part of my vision as a marketer. It's why I wrote this post, and it's why I write the TouchPoints newsletter.Looking to see weekly marketing inspiration from top SAAS Brands every Tuesday morning?Checkout TouchPoints ​


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