This is a really interesting question.  The two primary places I go to learn tips and tricks in the SEO world are the guys over at SEOMoz (disclaimer: we subscribe) and Aaron Wall of SEOBook fame.  Ok, I have a bit of a crush on John Chow's business model and I think ShoeMoney, Dosh Dosh and a buncha others are awesome too.

Tools with Content the Key

But Rand and Aaron are also tool providers.  But they're pretty clearly tool providers who are monetizing other products - exclusive content, a book, whatever.  It's not that they don't have very nice tools, but from the outside it looks to me as if SEOMoz's tools and free content drives their subscription model.  I think Aaron is pretty much upfront that he sells his SEOBook.

Opposite Way Around

We have content to bring in tool users. We have "free" tools to sell, well, tools.  Let me show you why, using SEOMoz's recently published traffic stats:

Rand was using this chart to talk about the importance of long tail, but we look at this and think: the people looking for SEO tools are exactly our target market.  I think it's great he can monetize people typing in "what is SEO" and "seo" but we think that the orange boxed "tools" queries are more to our liking.  This doesn't put us at loggerheads with SEOmoz (what is Turkish for stupid?) because our tools are aimed at very specific vertical markets.

For example, SEOMoz's page strength tool is really quite cool.  So we'd not really try to reproduce that (what would be the point, really?) but we might create a page analyzer tool for, say, mobile focused websites.

Vertical Focus Drives Actionability

One of our annoying habits is that we look at ideas and say:

So, what can you DO with it?

Take the Digg Friend Finder as an example - it's blindingly obvious what you can do with that.  Ditto the Backlink PInger.  Who do we know?  Well, as i mentioned, only around 10% of the users have bothered to read the directions for Digg Friend Finder....  If I hadn't started our my career, back in the days of punch cards, as a technical writer I suspect I'd never document anything again.

Actionable Tasks Should Provide ROI

Great, so you can DO something with these tools - what does it buy you?  Again, by focusing on a specific niche we provide that ROI.  Could we have built a Friend Finder that worked for MySpace, Facebook, Mixx, etc, etc?  Probably.  But it was not clear to us that we could provide an architecturally compliant application that provided TOS compliant ROI.  So we didn't.  Simple is good sometimes.

Bias Toward Action

It may be all the startups under our belts (and all the worthless stock options in the file cabinet!) but we're most interesting in things that do stuff.   Content is great, and we produce a bit and consume a lot.  But you have to translate content into action, either manually (horrors!) or by finding a tool or automated service.

Tools are Always Downstream of Content

Would you know to ping your backlinks if a hundred SEO bloggers hadn't talked about how important it is?  Yes, I know we talked about how All Your Backlinks are Pingworthy, but I'm not under any illusion about who gets read first if Sebastain posts something about backlinks the same day I do.

Would you know the value of more digg friends if there hadn't been a LOT of discussion by social media mavens?  Yes, I gave you our take on Efficient Friending on Digg, but....

But once you read the content you can come to us for tools.  Over and over again, we hope.