What is better, SEO or PPC?

SEO and PPC are two different ways of promoting a website. in seo as we know we list our website in various search engines and we look after the site ranking in the search engine, by maintaining our site by looks , info, content, performance etc. and other things like submitting links of our site to other related sites. but in PPC which is called pay per click we pay for the as many as clicks, our site viewers click the site, and we pay for the ads we made in other sites, this is also a way of promoting the site, other ways are blogging , writing article about our site, joining forums, etc.
 
Both have its own benefit. PPC is useful when you are new in the online world means you just started your online business/site and want quick traffic. While SEO takes times but it's free. As per my opinion, If you have right knowledge about SEO then it is beneficial over PPC.
 
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