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Footer links to the other web sites SEO?

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I want to include a couple of links in my web site footer to some sites that have my link in their footer what is the benefit and the downside of doing that?
invisibe_dude Offline referral

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What you describe is called "Link Exchange" and its not very SEO friendly in fact Google could penalize the website involved in such black hat SEO.
seo123 Offline referral

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Content below the fold is worthless so you should keep them above the fold for better SEO.

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