I recently had an email chat with Alden DoRosario from Chitika about the recent rapid growth of their ad network. They have been aggressively signing up bloggers and other independent publishers, and are now getting over 2 billion monthly impressions, with their behaviorally targeted Premium ads getting hundreds of millions of monthly search driven impressions, putting their search distribution network on par with Ask.com.
How their premium ad network works is they target the ads to be relevant to search query that sent traffic to the publisher’s site, thus even if the ads are not shown on a search page they still are seen by searchers right after they search and click through to the site.
Alden gave me a link for a $75 bonus code for any publisher that makes $75 in commissions before the end of October. Publishers are paid 60% of the ad click value, with the house getting 40%. I just added their ads to my mom’s weight loss blog. It looks like their ad network is not quite as deep as Google’s but they do well for higher volume search queries.
Most search engines are a backbone for an ad network, but it is hard to build query volume for a new search engine. Just look at how few people have used Wikia Search in spite of endless hype. Wikia Search got a couple million lifetime searches whereas Chitika gets billions of monthly ad impressions.

Most people do not feel they have a search problem, but many publishers feel their content could be monetized better. If you didn’t have huge search distribution how would you create a search ad network? If an ad network grows big enough do you think they could do it the other way around, using their ad network distribution as a backbone to start a search engine?
Disclaimer: The free $75 bonus is an affiliate link, but when I chatted with Chitika I pushed hard to get publishers the best payout bonus and longest payout bonus period possible rather than focusing on trying to maximize my commissions.
While using Opera I noticed the following Google test which places related phrases near some documents in the search results

When I entered our above link building page into the Google AdWords Keyword Tool they showed mostly phrases related to the broader category of SEO and did not list the niche link related phrases, which indicates Google is still holding back quite a bit of data from advertisers that they are willing to share with searchers for free.
In the past I have mentioned that I am not a fan of doing lots of traditional SEO consulting for a number of reasons (mostly economic), but I still work on a few large projects from time to time. One of the great parts about working with large corporate clients is when you uncover holes in their strategy, finding areas and opportunities that they can own just by deciding to. To some degree it feels like editing the search results, just like a search engineer, seeing you will pushed upon them.

Unlike playing with Wikia Search (which only has a couple millions lifetime searches and nearly a million edits!!!) some of the changes you suggest for enterprise level sites can bring millions of high value visitors to their business free of charge.
When taking on new consulting projects you have to price with the confidence that you will be able to find something that really helps them build their business (and if you are not there is no point taking the project). At first sometimes it can seem like you set the bar too high, but when you do strong research and have a strong partner to bounce ideas off back and forth good things just happen.
Those easy big wins are rare finds, but seem to happen on every project, just in different areas - site structure, duplicate content issues, keyword coverage, internal linking strategy, etc. Digging into a large site with fresh eyes allows you to see things that people who have been close to a project for a long time can not see. Why is that link there? Can this page rank for a couple more related queries? You end up stumbling into something that catches your eye and keep digging in until you have a good solution that earns far in excess of the consulting investment.
With affiliate and AdSense oriented sites the wins are typically much slower, smaller, and harder - sometimes requiring 6 months of effort just to get to break even, and requiring you to fight for every additional link and every additional rank. But the slow and steady path is a stronger business model for SEOs than giving clients millions of dollars of advice for a small fraction of the price. If only I knew how to talk Fortune 500 companies into giving a % of the upside, as that would make consulting so much more profitable than the slow and steady model.
Google hires remote quality raters part time for $15 an hour. SEOs working in client based business models usually top out somewhere in the mid 6 figure range. CEOs and some leading web publishers make deep into 7 or 8 figures a year. And some of the early Google engineers might have 9 figures worth of stock. And every one of them is getting paid in part to edit the search results. Does your business model match your ambitions?
I decided to pick David Lubertazzi and Elisabeth Sowerbutts as the winners for their SEO Knol improvement comments.
I added a few pictures and fixed up some writing errors and incorporated a bunch of the feedback (like making the introduction better - thanks Andrew). There are many things (like domain names, duplicate content, blogging, social media, conversion, history and background of SEO) that I could have discussed, but I was unsure of how long I should let the Knol get, while still claiming that it was a basic introduction. Thanks for the feedback everyone!
I try to teach my mom SEO stuff from time to time, and often do so through the use of analogies. Some analogies perhaps oversimplify the SEO process, but are good for helping get the basic concepts across.
How do you describe SEO to people who are not deep into the field?
Update: A few months ago Jaan Kanellis posted many analogies.