As someone who works with the web, predominantly Search, it might appear that I am biased in my assumption that businesses would consider search engine marketing as a good strategy.
Well when considering the credit crunch has hit many businesses hard, especially in the UK, search is perhaps a real alternative to mainstream advertising. Yes mainstream advertising and media are great brand builders, but often the costs are high and returns are very low, or not even known.
Taking an average newspaper advert, I am guessing any decent publication would charge at least $500 for a quarter page advert. Now right away you are limited to the amount of content you can place in that advert. You are also limited in terms of time. Most publications are released daily or weekly, so the shelf life of that advert is very poor. The adverts are often not contextually placed, i.e. if the content discusses bmx bikes, the advert very rarely relates to the content. So getting people to convert to adverts through mainstream newspaper publications is almost a hit and miss process. In fact I would even question how much people take notice to printed advertising.
There is a tonne of evidence to suggest that online advertising is often ignored, and I wouldn’t be surprised if similar results were found with printed media. I ignore adverts due to time, in fact I actively seek out content due to time constraints. So why am I making the case for switching to search engine optimisation/marketing?
There a few reasons:
- Accountability; You can see where your advertising dollars are going. If we used the same $500 for adwords, instead of a newspaper advert, there is every chance I could send at least 500 qualified leads to your business. These leads could be tracked from the moment they hit your site, right up until the point of conversion. Giving you real time statistics, and real return on investment information.
- Highly targeted; Are you sick and tired of seeing your marketing budget wasted on areas you don’t target? Search Engine Marketing can help you target the smallest geographic niche. Helping you minimize marketing wastage by only targeting the audience in your key geographic area.
- Cost; Search Engine Marketing doesn’t take a massive investment. In fact you can probably enter the market for less than $10/day or $300/month, certainly less than our $500 newspaper investment and helps lead me onto the next point…
- Time; You can advertise as little or as often as you like. You can give yourself full control over your adverts, helping you to find specific times when conversions are more likely, or by limiting adverts during hours/days of poor activity. Also remember the newspaper shelf life? Well your search engine shelf life can be as long or as tight as you like.
- Qualified leads; This point is quite possibly the most important. At the end of the day all businesses only want to market to individuals/customers who are actively looking for their products. Good keyword research will help you identify the keywords potential customers are searching for. Because customers are already searching for your products/brand etc, there is a higher propensity to buy.
Search Engine Marketing delivers qualified leads direct to your website, compare this to your $500 newspaper advert where you hope someone will firstly take note of your advert, and then secondly hope they are intested in your product enough to contact you. This also puts another barrier between the customer and the sale. At least with reacting to search engine results, the customer can go straight to the buying centre with little or not effort.
Imagine if you read the advert in a newspaper in a doctors surgery. Yes you liked the product, but then you were called in to see your GP, your mind goes blank, and later that day (if you can still remember the advert) you resort to the only method you can think to research the product – Google! By which point you find a similar product, for less and convert to one of the companies main competitors! (this might be an extreme example
)
So with the credit crunch hitting hard, isn’t about time you considered moving your marketing budget to a more accountable option?
Filed under: SEO, PPC, Design by Moley
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