• NerdWallet, a prominent player in the financial services sector, relies heavily on search engine optimization (SEO) to drive traffic, with over 70% of its traffic being unpaid. This reliance on organic search traffic makes the company particularly vulnerable to fluctuations in SEO performance, which can directly impact its revenue and stock value. The company's recent challenges highlight the precarious nature of its SEO strategy, especially in light of algorithm changes from Google that can significantly affect visibility and traffic. In a recent analysis, it was noted that NerdWallet experienced a substantial loss of approximately 6 million in organic traffic within a three-month period, translating to a 23.6% decline. This drop was attributed to "unexpected headwinds," as described by the CEO in the financial report. The timing of this decline coincided with a major Google core update, which aimed to penalize sites that manipulated search results. Speculation arose that changes in how Google displays credit card information in search results could further exacerbate traffic losses for NerdWallet. The analysis identified three categories of competitors that benefited from NerdWallet's traffic decline. First, direct competitors with similar business models, such as Bankrate and Forbes, gained traffic due to slight ranking improvements. Second, more specialized sites that focus on niche topics outperformed NerdWallet in areas outside its core offerings. Lastly, large financial brands, including NerdWallet's partners, also captured traffic, raising questions about the implications for consumers and the competitive landscape. To address the traffic loss, NerdWallet implemented several strategies. They updated and overhauled content on pages that had lost significant traffic, focusing on enhancing their expertise, authority, and trustworthiness (E-E-A-T) signals. Additionally, when content updates did not yield results, they relocated pages to new directories, effectively giving them a fresh start while retaining existing link equity. The analysis also revealed that NerdWallet competes for over 144,000 keywords with its partners, which presents both opportunities and challenges. While this partnership strategy can diversify traffic sources, it also places pressure on NerdWallet to maintain high SEO performance without losing ground to its partners. Interestingly, the data showed that a small percentage of pages—1.2%—accounted for over half of NerdWallet's traffic, illustrating the Pareto principle in action. A standout piece of content, a blog post about making money, consistently outperformed other pages, demonstrating the potential for SEO to generate passive traffic over time. Despite the challenges, NerdWallet's approach to content management, including pruning underperforming pages and focusing on high-traffic content, has proven effective. The company has also localized its content for the UK market through strategic acquisitions, which has led to significant traffic growth. In conclusion, while NerdWallet faces ongoing challenges in the competitive SEO landscape, its ability to adapt and implement effective strategies has allowed it to maintain a strong revenue stream. The insights gained from analyzing NerdWallet's SEO practices provide valuable lessons for other businesses navigating the complexities of search engine optimization.