Google measures all web pages on a scale of importance from 0 to 10, which is shown in a small green pixel bar on browsers carrying the Google Toolbar. PageRank is "supposedly" measured by the number of backlinks to your site.
Online democracy in action, a link is a vote for your site. The more votes you have the higher your site is ranked. At least that's how it was supposed to work until a lot of high PR sites started selling links and put a monkey wrench into the whole system.
The latest update may be a smart move on Google's part to curtail this practice; who's going to buy a link from a PR2 or even a PR4 site? Besides this could be more than a warning that your site will go down even further if you continue to sell links.
Now this is more of a cosmetic change in PageRank than a real change in your true rankings in Google. Just because your PR goes down doesn't mean your keyword rankings or traffíc from Google also goes down.
Most SEO experts mistakenly believe PageRank is meaningless because Google is not giving us the true ranking of any site or revealing all the backlinks, which is supposedly one of the major factors in how Google ranks sites. While this fact is obviously true, it has caused many to jump to another conclusion.
Because Google is not giving us the real ranking, many webmasters have dismissed PageRank as a vital element in their sites. Don't make the same mistake.
Google PageRank is extremely important if you're doing business on the web. The higher PR you have, the better. But it has nothing to do with keyword rankings or first page SERPs.
What many SEO experts fail to realize (not really their business) is the whole "perceived" value of PageRank.
Google, hate it or love it, has become the most respected company on the web in the eyes of the majority of the web's users. It carries enormous weíght and prestige. The "perceived" value of a high PR7 or PR8 is extremely valuable.
We are not talking about link selling; we are talking about how a perspective business partner or customer will treat your site or business.
Say you have two identical sites you want to do business with online and you discover one is a Google PR2 site and the other is a Google PR8 site - which one would you choose to do business with? Honestly?
From first-hand experience, I know any online company or marketer will get more business offers and be offered more partnerships/joint ventures if you have a high Google PR site than a low one. It will make a difference to your bottom line.
PageRank is important. PageRank has meaning. Even if it has little bearing on your SERPs rankings or Google traffíc, PageRank can greatly influence the success of your online site or venture. Don't ignore or dismiss PageRank as a meaningless relic that didn't quite work out as Google had planned for it in the first place.
High PageRank Will Always Be Valuable
The day Google gives its own site a PageRank of PR1 or PR2 instead of the current PR10 - that's the day you can dismiss PageRank as truly meaningless.
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