The
Dollar Value of a
#1 Search Engine
Position
is Enormous
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Every Web expert stresses the importance of being ranked
within the first page of the Search Engine results as a key
aspect of your Web business's marketing strategy. In fact a
large number of them stress that you have to be in the top 5,
but the really coveted position is the #1 spot, because there
is a lot of evidence to show that the #1 position will attract
as many as five times more traffic than the sites below it. So,
it is an important part of any Web designer's brief, to be able
to get their client's Web site into the #1 position. Why is
this so important? Put simply, being ranked #1 for a
frequently searched keyword can make a Website owner a
fortune. Let's examine this a
little further.
Imagine that as a kid your client loved watches. He was
always pulling them apart to see how they worked, and then
putting them lovingly back together. As he grew a little older,
repairing watches became his hobby, and along the way he
collected many watches. Of all the watch brands out there, it
was the Rolex brand that really caught his fancy. Now he has
two old Rolex watches in his collection, and he lovingly
restored them himself.
Imagine that as a kid your client loved watches. He was
always pulling them apart to see how they worked, and then
putting them lovingly back together. As he grew a little older,
repairing watches became his hobby, and along the way he
collected many watches. Of all the watch brands out there, it
was the Rolex brand that really caught his fancy. Now he has
two old Rolex watches in his collection, and he lovingly
restored them himself.
Over the years our client's love affair with Rolex watches
has grown and even in trade and hobby circles he is known and
respected as a person who sure knows his Rolex
watches.
By now he is succeeding in his dream occupation as a
watchmaker, specializing of course in the Rolex brand. But now
he decides that he wants the world to know about his expertise.
So he decides that one of the best ways to do this is to build
a Web business. So he hires a Web designer to setup his Web
business, which includes a shopping cart. The Website business
is now finished, and sells second-hand Rolex watches, as well
as Rolex brand accessories such as boxes, bands and clasps. The
site is marketed by having the client visit forums where he
provides expert, friendly advice about Rolex watches. Then the
Web designer begins optimizing the site for the Search Engines,
and manages to achieve that coveted #1 ranking in Google for
the keyword "Rolex watches."
Now let's do some math. About 33,000 people searched for
"Rolex watches" in the major Search Engines last month. We'll
be conservative and imagine that only 7% of the searchers click
on the #1-ranked result (that's our Rolex friend's site).
That's 2,310 visitors per month.
We'll stay conservative and imagine that only 0.05% of
visitors actually buy something from our friend. That's a
little over eleven sales per month. Let's say they sell a few
watches in that eleven, along with a few clasps and bands. The
average profit may well be $350 per sale. 11 x $350 = $3,850
profit per month!
Let's continue with some more sums. Let's say 15% of people
click on the link when they search for "Rolex watches." That's
4,950 visitors for the month. Then, let's bump the sales
conversion up tp 3% (after all, the Website has a great sales
letter!). Now our friend is making 148 sales per month, and
generating $350 profit on each sale. $350 times 148
sales = $51,800 per month! All because the Web designer knew
how to obtain a top position on Google.
If our friend's Website only gets to #8 position on Google,
about 0.50% of people will click your link and, using the
assumptions from above, your sales will be about $1,900 per
month. A very big difference indeed!
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