The financial value of top 10 rankings
Everybody knows that it is important to be listed on Google's first result page. However, how important is it exactly? How many clicks do the different positions on the first result page get and how much is a top 10 ranking worth in dollars?
The distribution of clicks on the first search result page
Optify published a new study that shows the distribution of clicks on the first search result page. According to their data, the number one result receives 36.4% of the clicks and the last result on the first result page gets 2.2% of all clicks.
According to their data, 60% of the clicks go to the top three. The first result page gets 89% of all clicks. Ranking first on the second page has some benefits because there's a slight bump for position eleven (2.6%, the first result for page two) over the last position on page one (2.2%, position ten). The next highest click through rate (CTR) on result page 2 is 1.5%. All other positions have lower CTRs.
BrandSoftech published statistics based on the analysis of 63 websites that received 5,357,519 clicks from 29,327 different key phrases typed into Google. According to their study, the top result receives 38.19% of all clicks while the last listing on the first result page gets 2.59% of all clicks.
Some time ago, AOL accidentially published the search data of 650,000 AOL users. That data also revealed how often the different search results were clicked. According to the AOL data, the top result gets 42.13% of all clicks and the last result gets 2.99% of the clicks.
The Cornell University conducted a user-behavoir study focused around search behavoir specifically on Google. They used an eye-tracking study of a sample of undergraduate students to determine clicks and attention distribution. According to their data, 56.36% of all clicks go to the top ranked website. The last result on the first result page gets 2.55% of all clicks.
All studies show that it is very important to be listed on the first result page and that the first result gets the majority of clicks:
If your website is not listed on Google's first result page for your most important keywords, you should do something about that. The Top 10 Optimizer in SEOprofiler can help you to get your website on Google's first result page for keywords that deliver paying customers to your website.
The financial value of a top 10 ranking on Google
Having top 10 rankings is great but are the results really worth the time and effort? Here's a simple example:
- Say you run an ad on Google AdWords for a particular keyword that gets 10,000 impressions during a week. 200 visitors click the ad to visit your website.
- 6 of these visitors purchase something on your website and the total profit is $500.
The keyword delivers 200 visitors and 6 buyers to your website. The total profit is $500. That means that the average single visitor who finds your website through that keyword is worth $2.50 to your business (200 visitors created a profit of $500: $500/200 visitors = $2.50/visitor).
In this example, 10,000 people search for the keyword every week. If
your website was listed as the first result for the keyword, you would
get 4327 visitors per week (43,27% of all clicks go to the top ranked
page, as explained above, this example assumes that all searchers click a
listing in the results).