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how SEO(search engine optimisation) & SMM(social media marketing) useful?

how SEO and SMM are useful for the my company. is this SEO & SMM services reduces my promotional cost.

SEO is on-page optimization using some meta keywords they identify the which keyword is in good place, through SEO you can also identify who are visited your site and how long they spent on site, it is through Google analytic s.
SMM is off-page optimization here the main focus on the promoting site through different channels like face book, twitter, linked-in, etc, posting directories, bookmarks etc.
the SMM activities helps more in promoting for your site, it creates back links to you, provides good page rank to your site.

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