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Are All Your Referral Eggs in One Basket?

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Eggs in a basketFor the past 10 years I've been running a small educational website with helpful essay writing tips for college applicants. My site has a Google page rank of 6 and ranks #1 for multiple keywords and dozens of long tail keyword phrases. All-in-all I think I’ve done an impressive job at search engine optimization with over 60% of the site’s traffic coming directly from Google.

While marveling at my site’s ability to outrank large .edu behemoths such as Petersons, Princeton Review and the College Board I often ask myself the question, "What if there were no Google?" In one fell swoop I would lose the majority of my site’s traffic. Like thousands of other small businesses, if my livelihood were dependent of Google, I would have to find some other means to eke out an existence.

Depending on one traffic source is really risky!

Diversify your Portfolio
Now don’t get me wrong. I do not think Google is going away and I get a ton of inbound links from other sites (though aggregated the volume of traffic from those sites is negligible next to the amount of direct traffic I get from Google).

But like any prudent person who likes to diversify their stocks in a bad (or healthy) economy I’d like to diversify my portfolio – my web site traffic portfolio that is. It just seems like the smart thing to do.

Now here's a snapshot of diversified referrals to hubspot.com:HubSpot traffic sources pie chart

At HubSpot we do a very good job at drawing traffic from a multitude of sources on the internet such as direct traffic, SEO and social media. The pie chart you see above is a snapshot of Hubspot’s site referrals for the past 30 days. Google drives a mere 10.7% of HubSpot’s traffic. While the prospects of losing 11% of your site’s traffic is significant it probably isn’t as devastating to your business as losing 60% of your traffic.

Create a Mosaic
It seems that the more mosaic the above picture, the more your risk is spread. If you invest in generating traffic from a variety of sources there is less likelihood of your business being in peril due to the loss of a single traffic source. So here are some helpful ways to diversify your traffic portfolio:

  1. Create a network of sites between your company website, blog and other microsites and web assets. For example the HubSpot site, blog and our various graders all link to each other and drive traffic to each other. A good chunk of our traffic (~40%) comes from web assets that we own and control.
  2. Use Social Networks: Connecting with people on social networks such as FaceBook, LinkedIn and Twitter can help drive much needed traffic to your site. Answering questions on LinkedIn for example allows you to leave much desired inbound links to quality content on your site.
  3. Leverage your databases: If you have a good email database or permission based list make sure you are driving them to call to actions on your site. Once people have signed up for your offer they may stick around to browse more information. A monthly email or newsletter will ensure you have a steady stream of visitors from that source.
  4. Share your content online: Use social media such as YouTube, SlideShare, iTunes etc. to spread your content across the web to help generate more traffic to your site. Users have individual preferences for digesting content so make sure you publish your content in multiple formats such as audio, video and text.
  5. Continue the great work on SEO: Although Google is the dominant search engine, there are plenty of other search engines and directories where you can maintain a listing or a presence. Nurturing other sources will give you a steady stream of traffic over time.

Are there other ways you can think of for driving traffic to your site? What are your thoughts on driving visitors to your site from multiple sources? Please continue the discussion in the comments.

Photo credit: B. Tal

 


Posted by Prashant Kaw on Thu, Dec 18, 2008 @ 06:36 AM

COMMENTS

Great article Prashant (and grats on your PR 6), I've been trying to preach the gospel of diversification of strategy as long as I've been online. I work off a central hub (thelostjacket.com) and use a variety of strategies to drive traffic to client sites, my personal sites, and SM friends sites. Social Media, Google, and a variety of word of mouth are how I accomplish this. I think you need to make sure that you have a presence in a LOT of places and make yourself very recognizable and reliable as a source. Then the links start pouring in :)

posted on Thursday, December 18, 2008 at 7:28 AM by Stuart Foster


I've been working on getting the "higher ups" into blogging forever. I only recently got one of them into social media and, though we are publishing one, it is a fight to keep our newsletter full of news and not company promotion...We do rank pretty well organically.  
 
 
 
In addition to all of this, I am a one-woman show - if you had to pick the top three diversification strategies (I don't think we'll end up with microsites), what would you suggest?

posted on Thursday, December 18, 2008 at 8:16 AM by Jennifer Shaw


While the current prospects are pretty dim - Google could face some challenges in the coming years.  
 
Not a bad plan to spread your SEO around!

posted on Thursday, December 18, 2008 at 8:54 AM by Paul


It's always a good time to diversify, you never know what source of leads will run dry. One thing that I would like to see more discussion on is the idea of using offline networking to increase your direct traffic. Being a contributing writer helps increase direct traffic as well!

posted on Thursday, December 18, 2008 at 11:02 AM by Dave


Without Google you would be screwed. Plain and simple.

posted on Thursday, December 18, 2008 at 12:31 PM by Blog Expert


Great article! The SEO monster is a tough one to tame. You guys are doing a super job of making this task easier! Thank you so much for your post.

posted on Thursday, December 18, 2008 at 1:13 PM by Kevin Sandridge


Wow, you have some great content! Im loving what you are doing here!  
 
 
 
I will link you on my blog atwww.danbriffa.com so i can show my readers what your doing right here. 
 
 
 
I'm currently building an online business from scratch and i'll be testing some traffic generation methods in the weeks to come im sure you blog will come in handy! 
 
 
 
Regards 
 
 
 
Dan 
 

posted on Thursday, December 18, 2008 at 6:22 PM by Dan Briffa


Thanks for being so open in the post about your traffic sources and strategy. I was curious if you would take it the next step further and give insight into what sources generate the most qualified leads for you, i.e., those that actually convert or people who look at the most pages, etc.  
 
Would just be interesting to see if people are people going straight from the Blog to a purchase? Maybe it's your targeted "grader" microsites that drive the most qualified traffic to your site? 
 
Hope you'll share with us to give all of us an idea of the best way to craft a successful inbound strategy. Thanks again for the post and look forward to hearing your thoughts!

posted on Thursday, December 18, 2008 at 10:17 PM by Clay S


@stuart @ dave thanks. you both bring up the great point about using word of mouth or offline methods to spread awareness of your site. Tell all your family and friends who knows they might mention your site to someone in a conversion or email. Make sure you URL are on your stationery, business cards, wherever it makes sense. 
 
@BlogExpert - I agree that without Google you are screwed, that's the point of the article. If you fall off the rankings due to changes they make in their algorithm or perhaps you redesign your site without SEO in mind, you want a lot of other sites linking to you. 
 
@Jennifer - 1) Get your links in all the directories - DMOZ, Yahoo and perhaps ZoomInfo. 2) Blogging starts with conversations. Comment on other relevant blogs where your handle has a URL back to your site -- I'm not recommending link spam. Comments should be thoughtful, relevant and the goal is to build a relationship with no strings attached. Who knows they may ultimately write about your site if it is relevant. 3)If you don't have a wide reach News wire services are not free, but affordable. Optimize your releases with keyword rich anchor text in links and you can very quickly get a lot of inbound links from sites with decent page rank. Check out pressrelease.grader.com.  
 
More info on link building is here: http://blog.hubspot.com/blog/tabid/6307/Default.aspx?Tag=link+building 
 

posted on Friday, December 19, 2008 at 5:17 AM by Prashant Kaw


@clay I will address your query in a future blog post. As you mentioned different traffic sources convert at different rates and we do a lot of experimentation to see how we can optimize each source. A lot has to do with your company's offering and industry. e.g. We convert a good number of leads from social media because that is part of our industry and offering. A company in say manufacturing may not convert at the same rate but there is still opportunity to influence in that medium. Thanks for the comment!

posted on Friday, December 19, 2008 at 5:23 AM by Prashant Kaw


Hi, great post. Just something that you should add to make your blog even greater and more helpful - print/ digg/ and email icons at the end of each post so that ppl like me can share them with other ppl easily :D

posted on Monday, January 19, 2009 at 7:35 PM by Lawrence


very goood

posted on Friday, July 17, 2009 at 3:29 AM by Text to audio


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