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I’m going to start this off by saying that, SEO is NOT dead. It was never dead and it doesn’t look like it’s going to die anytime soon. With many of the social networks; Twitter, YouTube and Pinterest, improving their search engines, this shows that search engine optimization still matters, it’s just evolving. 
Yes, there are parts of an SEO strategy that are dead, like:

• keyword stuffing
  
• buying links
  
• duplicating websites on different domains
  
• optimizing content purely for ranking
  
• and many more black-hat-type tricks
  

But, there are many parts of an SEO strategy that are still the same but have just evolved for how people are using search engines today. Not only should you understand how SEO has changed, you should also recognize the danger in continuing to implement outdated SEO tactics that no longer work the way they did a few years ago. These techniques are really just a waste of your time and your money.