Not that SEO wasn't extremely valuable before but I just came across this in my full-time job as a day trader...this can put a price-tag on proper SEO work being potentially worth 100+ Million Dollars of worth to just one company.
Source:
Broken down...let's round that 19.23% to 20% for some simplification of the math...with a Market Capitalisation of 1.35 Billion Dollars (before the plunge)...that slide means a decrease of .2 * 1.35 Billion = 270 Million Dollars.
That might be a good stat to throw around in some of your sales pitches for new customers.
Cheers,
- ice
Source:
Code:
http://www.marketwatch.com/story/retailmenot-reports-greatly-overstate-impact-of-google-search-changes-2014-05-22Broken down...let's round that 19.23% to 20% for some simplification of the math...with a Market Capitalisation of 1.35 Billion Dollars (before the plunge)...that slide means a decrease of .2 * 1.35 Billion = 270 Million Dollars.
That might be a good stat to throw around in some of your sales pitches for new customers.
Cheers,
- ice
