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Broad vs. Narrow

Targeting for SEO
●   How Do You Approach SEO?




    Are You:

    Stabbing at many fish hoping to get some?
●   How Do You Approach SEO?




    Are You:

    Targeting a fish and hitting your target?
●   How Do You Approach SEO?




    Are You:

    Aiming at the big fish which meet your needs,
    using with the appropriate tools and satisfying
    your goals?
Broad vs. Narrow
                            Broad                     Narrow
    Cost per month Cost per month of campaign
     No. of Visitors No. of visitors to the site from the campaign
   Conversion Rate Conversion rate of visitors from the campaign

    Cost per Visitor = Cost per month / no. of visitors
 No. of Conversions =No. of visitors x conversion rate
Cost per Conversion = Cost per month / no. of conversions
Typically with broad targets the conversion rate is
 significantly lower, the number of conversions is lower
 and the cost per conversion is higher


                                Broad      Narrow
         Cost per month          5000.00     1000.00
       Number of Visitors          1000         200
        Conversion Rate              0.2         2.5
                            .
        Cost per Visitor            5.00         5.00
 Number of Conversions              200          500
   Cost per Conversion             25.00         2.00
Typically Broad Search Costs More:
          More Visitors, Lower Conversion Rate
Even if the number of conversions is the same, cost per
                    conversion is more


                              Broad      Narrow
       Cost per month          5000.00     1000.00
     Number of Visitors          1000         200
      Conversion Rate              0.5         2.5
                          .
       Cost per Visitor           5.00        5.00
Number of Conversions             500         500
  Cost per Conversion            10.00        2.00
●   How much traffic can broad search generate?
        At what cost and at what conversion rate?

 Broad search pays if significantly more traffic yields
   more conversions even at higher cost and lower
                  conversion rate
                                Broad      Narrow
         Cost per month          5000.00     1000.00
       Number of Visitors         12500         200
        Conversion Rate              0.2         2.5
                            .
       Cost per Visitor             0.40        5.00
Number of Conversions              2500         500
  Cost per Conversion               2.00        2.00
Broader search may be a better value even with higher
     cost per conversion, because it yields more
                    conversions


                              Broad      Narrow
       Cost per month          5000.00     1000.00
     Number of Visitors          5000         200
      Conversion Rate              0.2         2.5
                          .
       Cost per Visitor           1.00        5.00
Number of Conversions            1000         500
  Cost per Conversion             5.00        2.00
Happy Fishing
Broad vs. Narrow
                            Broad                     Narrow
    Cost per month Cost per month of campaign
     No. of Visitors No. of visitors to the site from the campaign
   Conversion Rate Conversion rate of visitors from the campaign

    Cost per Visitor = Cost per month / no. of visitors
 No. of Conversions =No. of visitors x conversion rate
Cost per Conversion = Cost per month / no. of conversions

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Monte Carlo simulation : Simulation using MCSM
 
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Broad vs Narrow SEO

  • 2.
  • 3. How Do You Approach SEO? Are You: Stabbing at many fish hoping to get some?
  • 4. How Do You Approach SEO? Are You: Targeting a fish and hitting your target?
  • 5. How Do You Approach SEO? Are You: Aiming at the big fish which meet your needs, using with the appropriate tools and satisfying your goals?
  • 6. Broad vs. Narrow Broad Narrow Cost per month Cost per month of campaign No. of Visitors No. of visitors to the site from the campaign Conversion Rate Conversion rate of visitors from the campaign Cost per Visitor = Cost per month / no. of visitors No. of Conversions =No. of visitors x conversion rate Cost per Conversion = Cost per month / no. of conversions
  • 7. Typically with broad targets the conversion rate is significantly lower, the number of conversions is lower and the cost per conversion is higher Broad Narrow Cost per month 5000.00 1000.00 Number of Visitors 1000 200 Conversion Rate 0.2 2.5 . Cost per Visitor 5.00 5.00 Number of Conversions 200 500 Cost per Conversion 25.00 2.00
  • 8. Typically Broad Search Costs More: More Visitors, Lower Conversion Rate Even if the number of conversions is the same, cost per conversion is more Broad Narrow Cost per month 5000.00 1000.00 Number of Visitors 1000 200 Conversion Rate 0.5 2.5 . Cost per Visitor 5.00 5.00 Number of Conversions 500 500 Cost per Conversion 10.00 2.00
  • 9. How much traffic can broad search generate? At what cost and at what conversion rate? Broad search pays if significantly more traffic yields more conversions even at higher cost and lower conversion rate Broad Narrow Cost per month 5000.00 1000.00 Number of Visitors 12500 200 Conversion Rate 0.2 2.5 . Cost per Visitor 0.40 5.00 Number of Conversions 2500 500 Cost per Conversion 2.00 2.00
  • 10. Broader search may be a better value even with higher cost per conversion, because it yields more conversions Broad Narrow Cost per month 5000.00 1000.00 Number of Visitors 5000 200 Conversion Rate 0.2 2.5 . Cost per Visitor 1.00 5.00 Number of Conversions 1000 500 Cost per Conversion 5.00 2.00
  • 12. Broad vs. Narrow Broad Narrow Cost per month Cost per month of campaign No. of Visitors No. of visitors to the site from the campaign Conversion Rate Conversion rate of visitors from the campaign Cost per Visitor = Cost per month / no. of visitors No. of Conversions =No. of visitors x conversion rate Cost per Conversion = Cost per month / no. of conversions