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SEO : Search Engine Optimization-- Subjective in nature and rich with collection of search results and Information oriented.
and
SMO: Social Media Optimization- Objective in nature with interactions with subjects with relationship building.
SEO- Search Engine Optimization is the goal is to drive traffic to your Web site. Search engine optimization is a methodology of strategies, techniques and tactics used to increase the amount of visitors to a website by obtaining a high-ranking placement in the search results page of a Search engine like Google, Bing, Yahoo and other search engines.
SMO- Social Media Optimization is the process of increasing the awareness of a product, brand or event by using a number of social media outlets and communities to generate viral publicity. Social media optimization includes using RSS feeds, social news and bookmarking sites, as well as Social media sites and blogging.
SEO Means Search engine optimization &
SMO Means Social media optimization
In short,
SEO - (Search Engine Optimization) Optimizing your website for Search Engines.
SMO - (Social Media Optimization) Optimizing your social media profiles such as your facebook fanpage, twitter profile, googleplus, linkedin profiles etc.
I am less related to Technological aspects, in short SEO is the process to make streamline availability of any thing on internet and SMO is to optimize social medias according to the needs of company to make approach.