Back to Journal

What Is Link Building and Why Is It Important?

N
Written by
NIBA
Published
Reading time
3 min

Whether you possess a wealth of knowledge in search engine optimization (SEO) or you’ve just heard about it in passing, you probably know the phrase “link building” and how crucial it is to your website’s success.

If you don’t know about link building don’t sweat it, you’re in the right place.

In general terms, search engine optimization (SEO) is the process of increasing your website’s visibility in a search engine's (such as Google) un-paid ("organic") search results.  Search engines such as Google have algorithms that are applied to websites in order to rank them.  The higher your page rank, the higher up your site appears in search results.  Page rank algorithms heavily favor sites with many inbound links, especially inbound links from other high ranking sights (like a yahoo.com or cnn.com).

(Graphical display of Google Algorithm courtesy Wikipedia)


A popular and effective SEO tactic is to increase the number of inbound links, known as link building, to increase your site’s prominence on the web.

Google recently cracked down and decreased the search engine rankings of websites that violated Google’s Webmaster Guidelines particularly those participating in link schemes. While it is never recommended to pay for your links or to use “black hat” tactics, the very option appears to be off the table for the time being.

Link building in the financial industry is even more difficult because of the constraints of compliance.  CFTC and NFA regulations dictate that you are responsible for the content on any outbound link on your website.  Therefore, if you link to an outside site that is in violation of regulations, you are also in violation of said regulations.  Consider it the felony-murder rule of the financial World Wide Web.

Since you are responsible for content on the outbound sites you link to, link swaps, a popular way to link build, are a lot more difficult and very risky.  If your company doesn’t have deep pockets to buy online advertising and web directory listings, your site’s search engine visibility doesn’t have to suffer.  You just have to roll up your sleeves and work a little harder.

Try these easy ways to build links:

  •          List your website and blogs on free directories and indexes.
  •          Create profiles on Facebook, Twitter, YouTube page, LinkedIn, etc. with links back to your site
  •          Create a blog with links back to your website
  •          On your social media pages, have your posts include links back to blog and website
  •          Guest blogging and link swaps (Remember to check with your compliance officer)
  •          Create good, original content on your blog that others will share and spread across the internet
  •          Incorporate anchor text into your webpages and blog posts



Michael Joyce is marketing specialist at Gate 39 Media, a full-service financial services marketing agency.  For questions about link building or if your business requires precise web marketing strategies, web design and development contact Shane Stiles, President of Gate 39 Media at (312) 715-1475, by e-mail or visit www.gate39media.com.

 


The Opinions expressed are the opinions of the author. The opinions, the trading styles, trading information and trading programs are not endorsed by the NIBA, but are the individual opinions, styles, information and programs of the author.

Stay Informed

Subscribe to the NIBA Journal for the latest insights and industry updates

Related Articles

View All
Marketing

AI Innovation in Finance, Agriculture, and Marketing

Author: Shane Stiles, President, Gate 39 Media As a marketing and technology agency serving financial and agricultural clients, Gate 39 is witnessing firsthand the transformative impact of artificial intelligence (AI) across these sectors. AI analyzes vast amounts of data to predict commodity prices, uncover patterns, and consider market sentiment, weather, and disruptions to provide a comprehensive market view. AI in Financial Services In finance, AI is revolutionizing risk management, fraud detection, and customer service. Machine learning algorithms swiftly analyze transaction data to identify suspicious activities, safeguarding the financial system's integrity. AI-powered chatbots are transforming customer service by offering personalized advice and support, enhancing satisfaction, and building long-term client relationships. Early AI tools in finance focus on simple reporting, summarizing data...

Marketing

AI and Email Marketing

Written by: Adam Aronoff, Founder & CEO, GlossyDev In the fast-paced digital era, staying ahead of the curve is paramount for successful businesses. The advent of Artificial Intelligence (AI) has sparked a revolution across industries, and email marketing is no exception. If you're ready to take your email campaigns to new heights, it's time to embrace the potential of AI. In this article, we'll walk you through the basics of AI and how you can leverage it to supercharge your email marketing strategies. Demystifying AI: A Quick Overview At its core, AI involves the creation of intelligent machines that can simulate human-like thinking and decision-making processes. In the context of email marketing, AI can analyze vast amounts of data, predict...

Marketing

How To Build A Personal Brand (and Why You Should)

By, Jessica Darmoni, The Title Connection In a world where everyone has control of their own narrative, it is important to have a handle on what people think when they think of you. When there is a cool job opportunity and hiring managers are thinking of the right person to fill the role, how do you get your name in the hat? The answer is a mix of promoting your valued services, knowing the right people and maintaining a level of trust and transparency. This is part of your brand, something that you can create and evolve over time. Below are a few things you should think about when building a personal brand. Promoting Your Skills Self-promotion is a challenge...