SEO
and Financial Services
The search
engine marketplace for financial services is just as competitive
as it is in the real world. There are giants that have a powerful
presence and the rest live in their shadows. It's easy to lose sight
of the fact that many of these top ranking sites have achieved their
status through hard work and much expense. This is not apparent
unless you know the company or you can look behind the scenes at
their Web site.
There are many niche
categories in the consumer and business financial services sectors, including
investment banking, wealth management stock trading, real estate mortgage,
insurance, mutual fund management, stock and securities exchange, foreign exchange,
credit, financing and accounting. These categories as you usually understand
them are not the same as search engine categories. This is because searchers use
a different vocabulary than industry professionals and insiders do. Your SEO
provider is required to make that interpretation within your Web site.
The high
number of service categories allows companies to pursue niches and
therefore divert some of the search engine traffic controlled by
the search engine leaders. There are many small competitors who
seize opportunities to rank up there with the high volume players.
They are your next big success stories.
Yes, it
is a daunting challenge, however if a client is dedicated to the
task and appreciates the return on investment a high ranking will
produce, the rankings and the referrals will come.
Who are
some the search engine powerhouses in financial services?
 |
| Sector |
Estimated
Search
Engine Referrals/year |
Estimated
cost to purchase these clickthroughs |
| Stock
Trading - eTrade |
2,500,000
|
$10,000,000 |
| Banking
- Bank of America |
4,000,000
|
$10,000,000 |
| Finance
- Kiplinger.com |
1,000,000
|
$2,400,000 |
| Foreign
Exchange - Oanda.com |
200,000
|
$600,000 |
| Mutual
Funds - Morningstar.com |
300,000
|
$1,500,000 |
| Insurance
- Statefarm |
4,000,000
|
$24,000,000 |
| Credit
cards |
3,000,000
|
$47,000,000 |
| |
The above
revenue estimates indicate why search engines have been desperately
trying to monetize search engine usage for a decade now. Most have
failed trying. Of recent, Google, Yahoo and Overture have had success
in introducing paid placement in their listings. They are making
hundreds of millions of dollars in profit. Most leading finance
sites are players in the PPC advertising arena.
How
do the leading ranking sites do what they do?
They build
valuable content that other Web sites are only too happy to link
to. The link is a form of customer service that adds value to the
company's Web site, even though a certain number of visitors exit
through that link. So when companies build focused, valuable content
for consumers and business partners, they will enjoy a very popular
site in search engines. Search engines rely on the gross number
of links (and something called PageRank)
pointing to a Web site to assess that site's credibility and worthiness
to rank highly. Search engines just want to give searchers access
to the best sites on the Web and make a little money at it.
High ranking
sites also have owners who are willing to partner with other competing
or non-competing Web sites. This type of co-marketing is rarely
done in other industries, however "co-opetitiion" as it's
known, is often what separates the winners from losers.
High
ranking sites are often optimized to whatever level the search
engines will allow or accommodate. Search engines attempt to delete
Web sites that are deliberately or excessively optimized to appear
in their listings. That means a professional SEO who knows how to
scale the strategy and implementation to the requirements of the
search engines is also a key asset these companies have.
Search
Engine Marketing ROI
With all
the hype surrounding search engine marketing ROI, the search engine's
now believe they deserve a bigger slice of the revenue pie. If Google
does issue its IPO this spring, it is almost certain they will monetize
their search engine to improve profit. They're already profitable
but shareholders will demand a good return on their investment.
Bid prices
on keyword phrases will rise rapidly to a price that companies will
only be able to afford to advertise for one day before they've used
their budget. As the price of PPC bidding rises, the natural or
editorial search engine results pages will become even more sought
after. Those who are establishing a strong presence now will reap
the benefits when the prices skyrocket.
If your
company is a financial services provider you may want to consider
our SEO
services. Not only will you maximize the worth of your current
site, we can also help you build or advise you on which types of
content will give you the kind of results you need.
SEO review
of mutual funds search marketplace. |

Search
engines are global marketplaces despite the fact that your competition
may be in your own country or state.
Check out Google
stock for prices and news.


Pictured above is the
Toronto stock exchange now with a new brand name,
TSX. Gone is the trading floor bustling with traders. It is now entirely electronic
and digital. The office has a public viewing and education centre and a television
studio shared by 6 television networks.

Cambridge Mercantile provides low foreign
exchange rates for major global companies. They transact billions of dollars
yearly. In the UK endowment trading is big business for mortgage finance companies. Selling endowments provides homeowners with value for their endowment policies rather than a straight surrender to the issuing insurance companies. Endowment Express is a UK-based company that specialized in selling endowments UK.
Other hot online sectors:
search engine marketing, online
travel, and real estate marketing.
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