Just 5 Sites Command Almost Half Of All Finance Keyword Search Rankings
/ TweetMay I just say how much I love a free online tool?
The latest object of my affections is Ayima Pulse, which is a visualization of Google search rankings on more than 50,000 non-branded keywords. It offers “share of voice” leaderboards on the top Websites in 10 verticals, including Finance. (Insurance gets its own leaderboard, which is a refreshing departure from tools that track finance and insurance under one big ole financial services bucket.)
You’ll want to go and check it out yourself, but here’s what I’ve gleaned after spending some time on the site.
Search Ranking Volatility
Ayima provides a look at daily ranking changes over the last 30 days. According to the latest data, Finance search rankings are not volatile.
This has particular relevance now. We are just past the April 21 start of the rollout of "mobilegeddon," when Google said it would change its search algorithms to remove non-mobile-friendly sites from searches conducted on mobile devices. The expectation was that rankings would be significantly re-sorted as some sites would drop, the result of a Google penalty.
However, the Ayima data suggests that it was a non-event for Finance search leaders, judging both from the flatness of the volatility graphs and from a comparison of the leaders on desktop and mobile search. This looks to be the case, incidentally, for all the verticals except Gambling.
Search Leaders
What Ayima calls "Visibility (share of voice)" is calculated from the search volume, ranking and estimated clickthrough rate (CTR) of all sector keywords, converted into an overall percentage. Arrows indicate site movement within the leaderboard from the previous day.
To the right are the top 10 Websites ranking for Finance keywords. I've been watching this daily updated ranking for several days, by the way, and CNN and Yahoo frequently trade places between #1 and #2.
No investment product providers have broken into the top 10. Just two investment company brands—Fidelity at #34 and Schwab at #61—are on the larger list of 100 sites that Ayima makes available. Each site has less than 1% of share of voice. Related: Morningstar.com ranks #31.
Below is a look at how Fidelity and Schwab search visibility on mobile devices has fluctuated over the last 30 days. Fidelity has been more up and down, but both are labeled as mobile-friendly by Google and neither appears to have suffered from the algorithm change.
Search Concentration
The top five Finance Websites command 48%, or almost half, of the top finance keyword search rankings. That leaves every other finance site to slug it out for the other top keywords.
This is second only to the Jobs vertical—the top five Jobs sites snag 64% of their keyword rankings. There’s the least concentration in Education, where the top five leaders in that vertical attract have just 19% of all organic search rankings.
Fear Of Missing Out?
So, what's to be made of the fact that mutual fund and exchange-traded fund (ETF) firms are nowhere to be found on the list of the top 100?
Buck up there, SEO-aware and socially-savvy asset management marketer, it's not a certainty that your sites are missing out. This is not necessarily a reflection of investment companies’ search performance because there are at least two pieces of information we don’t have:
- We don’t know what the top 50,000+ Finance keywords are (an email I sent to Ayima has yet to be answered). In its April 20 introduction to Pulse, Ayima explained that “at midnight each day, we take Google’s top 100 organic search results for the most popular non-branded keywords relevant to our top 10 industries and add them to our database.” For a general idea of the top 1,000-ish Finance keywords, of course, you can always consult the Google AdWords Keyword Planner.
- We don’t know what individual firms are seeking to rank for. Your keywords are probably long-tail. But...in an array of 50,000 keywords, there are likely to be words you want.
If you’re feeling competitive, I wouldn’t look at the top of the list where it can be no surprise that the media sites dominate. I’d look toward the bottom of the list. What do Visa’s PracticalMoneySkills.com (#94) and the American Finance Association Journal of Finance site (#62) do that you don’t? Should OurFreakingBudget.com (#83) outrank your site? Hmm, who knew that Pinterest.com (#27) was ranking for finance keywords?
On the topic of being anti-competitive, let’s take a moment to consider Google.com’s #3 ranking. Finance keyword searchers use Google, only to be taken by Google search engine rankings to a Google property (Google Finance or even just an inline result—see this post) almost 10% of the time? Interesting.
If you spend your days thinking about how to effectively use Search to draw people to your business online, the visibility and volatility data provided by Ayima is all pretty interesting. It's another valuable tool to add to the digital marketing toolbox.