Posted 06 June 2011 - 08:32 PM
"Competitive query" doesn't really describe the most active SERPs today the way it did, say, five years ago. Some highly competitive queries include a lot of fresh news -- say queries relating to celebrities, sports, political events, etc. Some highly competitive queries are very localized, showing Google Places listings (or Bing Local listings). Some highly competitive queries have been modified by search engine data (price comparison searches for travel, local weather conditions, and more).
And some competitive queries still look like a lot of Websites vying for traditional 1-10 positions. But even in this latter category there may be image injections, video injections, book injections, etc. that all compete with the 1..10 traditional listings.
And then there are the competitive queries that are more likely to be dominated by major company Websites (the so-called "Brand Bias" people talk about by many names) and yet other competitive queries may be more likely dominated by a variety of non-brand sites.
The optimization strategies for each of these types of queries call for different actions. All of them require some production of content and some acquisition of links but the mix is not that simple any more.
There are factors to consider such as timeliness, visual impact, location, availability of specialty directory listings (like product listings, business listings, etc.). You can't just point a bunch of links at an article any more.
You have to set some goals and learn what requirements are involved for being included in the type of SERPs where you want to compete. From there you choose your keywords, produce your content, acquire some links, measure the results, and make adjustments.
The starting strategy depends on the type of SERP. You have to look at what is already appearing in results for the kinds of queries you want to rank in.