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...And have noticed a big increase in visits!
About 300 more unique visits a day to be exact.
I hovered at rank #11 for months, (1st result on 2nd page) and only received on average of about 1000 visits a day, but now that I moved up 1 rank, to the first page, I'm averaging around 1300. Quite a difference 1 rank makes!
So I think in conclusion, even if it is the 10th position (at the way bottom) of the 1st page, it is still better than the top position of the 2nd page!
I can only imagine what would happen if it moved up a few more notches! :)
Careful now. Don't have too high expectations. #10 might actually be better than #9 or #8. I have three different domains that are all represented with two pages in top 11 for a not very competitive keyword. And #10 is doing better than #3 and #4, but that may of course have a lot to do with titles and descriptions.
So for me
If its a big purchase, lots of money or time and I know little about it then I am less likely to only look at top of page 1 in fact I may have to get to page 10 to find the real people selling the stuff anyhow :-)
If its a convenience bit of data or purchase then who cares, first to provide the solution get my attention ..
ROFL
Personally, I've found 11 to convert better than 10, 7-10 seems to be a blind spot. #5 converts slightly higher than #1, position #3 converts the best. Used tens of thousands of phrases for the research over two years.
Surprise, surprise, MSN converts better than any other engine I researched. Google, is under the industry average of 2%.
10 may be better than 9 or 8 because if you scroll down straight to the bottom, your eyes should read from bottom to top. I think hits/ranking has to do with how relevant the other sites with those keywords are. You could be 2nd in the serps and get very little visitors if the number 1 guy is what everyone is looking for.
And also what is displayed for your site with those keywords. If I search for "what are widgets" and my eyes quickly scan the page and find "Widgets are..." I'll go there first. I'm not necessarily going to click each link in order until I find what I want.