This document is the master's thesis of Tesfay Aregay submitted to the University of Twente in 2014. The thesis defines research conducted to identify highly influential ranking factors for search engines. It presents two approaches - calculating correlation between ranking factors and webpage rank, and training ranking models to select important features. The thesis provides results analyzing ranking factors for a Dutch web dataset and a Learning to Rank benchmark dataset. It evaluates the approaches and identifies ranking factors that positively impact search engine rankings.