How Do You Create an Effective SEO Competitor Analysis Report?

Hi everyone,

I’m currently working on improving my website rankings and keep hearing about the importance of an SEO competitor analysis report. I understand it helps identify competitor keywords, backlinks, and content strategies, but I’m not sure what tools or steps are essential to make the report truly useful.

Should I focus more on keyword gaps, domain authority, or traffic sources? Also, how often should an SEO competitor analysis report be updated for the best results? I’d really appreciate recommendations on tools, templates, or best practices you personally use.