Browsing "online advertising"
Search Engine Optimization (SEO) is one of the most common internet marketing strategies used by website owners to promote their popularity on the Web. Driving traffic to you site is the goal of this strategy — making sure that you appear on the first page, preferably, in the top 5 results.
Marketing itself is pretty much simply an act of finding out what people want and then giving it to them exactly how they want it. It is important you carry this thinking over into your SEO campaign and make sure you give each search engine, Google/Bing/Yahoo, EXACTLY what they want. Good SEO practices will have a positive effect on all engines, but each has their differences.
Ask any online marketer, whether they are affiliate or network marketers, and they can readily explain to you how powerful being #1 in the Google listings can be for their business. Being able to rank #1 on Google, for your chosen keywords (if they are keywords that attract buyers) is like a blank check you get to fill in. The best part is you can rank high with some work, and your cost to receive this advertising is zero dollars. Your ROI is thus very high since you are not paying for traffic. Everything is profit. Since Google is the Big Daddy of the online marketing field, it is also the most difficult search engine to climb, and maintain top ranking position in.
Can you save some money and hope to maximize your return? Of course, but as true as it is in all circumstances, “you get what you pay for” is a very powerful phrase to bear in mind when looking at embarking on your SEO campaign. Google catches 75% +/- of all search traffic, can you afford to miss out or make a wrong step?
Retailers are achieving a remarkable 300 per cent Return on Investment (ROI) from online advertising according too new statistics from Microsoft Advertising and BrandScience.
The research legitimises the claim long made by online proponents that online advertising is one of the most effective methods of advertising for modern audiences. As advertising through digital media is still a growing industry, some executives have been reluctant to invest money advertising online without tangible results to demonstrate solid ROI.
However, Microsoft Advertising and BrandScience have shown through econometric modelling studies of 26 of the UK’s top 100 retailers that online advertising does work. On average, for every pound spent investing in online advertising, retailers received £3.44 back, more than triple the original investment.
In the first six months of 2009, £1.75 billion ($2.91 billion) was spent by retailers online, which means online advertising is responsible for generating revenues of over £6 billion ($9.98 billion).
By comparison, ROI from TV advertising budgets returned a little over double the investment, adding further weight to the argument that online advertising has surpassed TV advertising as the premier advertising avenue.
Some of the more traditional “bricks and mortar” retailers whilst still lagging behind online retail are embracing the online marketing and seeing returns of £2.84 for every pound spent online. Currently bricks and mortar retailers allocate 16 per cent of their advertising budgets online, but this figure is expected to grow as the reputation of online’s ROI becomes more widespread.
The study also showed that online advertising had a synergistic effect, improving the performance of other media including TV, print and newspaper advertising.
In the wide world of the Internet, there’s a million and one tips and tricks to promote your self and your business. Adwords, Twitter, Facebook, blogging, and all of the ups and downs associated with them. But for you, and your business, with the alternatives out there which one should you consider?
Well if the budget and time allows, all of them.
But realistically, unless you have a dedicated team devoted to each aspect of your online marketing campaign, self managing it can be tedious and time consuming. So pushing aside (for now) all of the social mediums, Twitter, Facebook, blogging etc, leaves with two avenues to explore. Searh engine optimization (SEO), and Search engine marketing (SEM).
SEO, is the holy grail of the internet business, and done properly, can solidify you and your business as an authority in your niche market. It takes time, effort, and a careful eye to ensure it’s done properly and to maximum effectiveness. SEO is how you can grow from relative obscurity on the internet, to success and remain a star. The organic method to climbing the SERPs, Googlers know and embrace websites in the top 10 as the “go to” sites in their queries.
SEM, is a more instant approach to marketing. Using mostly sponsored ads in the SERPs, proper use and care of an SEM campaign can help increase, or begin, traffic flow into your site. The double edged side of using search engine marketing as opposed to search engine optimization however, is that most Googlers know that the sponsored ads are not organic, they’re paid for.
Which method you decide is best for your site, is up to you, just know that you need to look no further than Fresh Traffic to answer your questions.
If you hear your agency, consultant or service provider make any of these five statements, consider running.
1.) Hi, I’m Mike from XXX National Directory/Search/Ad Network Company, and I am a Marketing Consultant with the company. I am here to help you build your marketing plan.
RUN! FAST! Nothing against these folks (really), but selling Yellow Pages or even a “boxed” pay-per-click solution does not make you a marketing consultant. It makes you someone that is trying to sell Yellow Pages or a “boxed” pay-per-click solution. There’s nothing wrong with selling. God knows we all do it in some form or fashion, but please don’t try to mislead people by calling yourself a marketing consultant.
Clarification: If you are in fact interesting in purchasing what essentially amounts to an advertising package, by all means engage with these folks. Just don’t expect to get any marketing strategy advice out of them.
2.) If you choose us for your SEO project, we can guarantee multiple top 10 rankings on your targeted keywords.
I thought these people had gone away, but it appears they’re back in full force. And I can’t blame clients for listening. When someone tells you they can guarantee results, it’s hard to ignore.
That being said, let’s all say this together: SEO is not a quick fix, set it and forget it solution for driving traffic . The best SEO strategies I’ve seen involve a long-term commitment to the creation of relevant content, building that content in multiple formats, and finding multiple distribution channels for that content.
I am guessing there are companies that make an SEO guarantee and do follow through on it. I am also guessing that those guarantees are made on keywords like “patent attorneys that also handle divorce cases in reston virginia”.
3.) You really can’t afford to wait on addressing social media. We should build out your presence on LinkedIn, Facebook and Twitter right away.
Stop. Please. We all realize that social media is important, even though it’s getting a bit crowded. Like anything else though, you shouldn’t build anything if it doesn’t fit into a more strategic plan.
Some of these groups will bait you with the promise of thousands of Twitter followers, Facebook friends, or LinkedIn connections overnight. Great. Go ahead and recruit thousands of followers, all of whom could care less about your message. They’re following you because they’re trolling for followers as well. And the followers/friends/connections you do want? You’ll turn them off quick with the hundreds of meaningless updates you’ll have to post to accumulate all the meaningless followers.
Build a social media strategy. Make sure it ties back to your overall marketing strategy. Then join, listen, learn, and eventually execute. It’s that simple.
And one more thing, and I know this will be painful for some “social media gurus” to hear. Social media is NOT a necessity, nor is it necessarily effective, for every business and business category.
4.) We know you think of us as a print design shop, but just last week we added capabilities in web design and development, search engine optimization, pay-per-click management, email marketing, social media…oh, and we can also handle your dry cleaning if necessary.
Wow, just last week huh? So you must have hired an entire new team right? Nope. Acquired a company that specializes in those areas? Nope. Formed a joint venture with a web marketing agency? Not so much.
There’s absolutely nothing wrong with trusting a marketing service provider that has done you right over the years and who is now claiming to offer new services. Just make sure you probe a bit or execute a small trial project before diving in head first.
5.) You shouldn’t cut back on your marketing/advertising spend in a recession. As a matter of fact, I was reading in Business Week (or insert another referenced publication) that the companies that spend MORE during a recession end up as the top brands years later.
So your client just laid off half his/her staff, notified remaining staff that salaries and bonus levels have been frozen for the time being, cancelled plans to open the new office in the commuter-friendly downtown location…and you’re going to bring the “increase your marketing spend” message?
Don’t get me wrong. Increasing marketing spending may be right for certain companies; we’ve even seen a few of those up close and personal in the last few months. But the first move – as an agency, consultant or service provider – should be to figure out how to spend your client’s marketing dollars more efficiently.
2008 Canadian Online Advertising Revenue Grows To $1.6 Billion And Surpasses Radio
The Interactive Advertising Bureau of Canada (IAB) today announced that Canadian Online Advertising Revenues exceeded budgeted expectations of $1.5 billion, and grew by 29% in 2008 to just over $1.6 billion.
Publisher revenue from Online advertising in Canada has more than quadrupled over the past five years — building from $364 million in 2004 to the $1.6 billion mark in 2008 — surpassing 2008 Radio revenues of $1.55 billion in the process.
Online Advertising now occupies third spot in terms of both time spent by consumers with media, as well as marketing spend by Advertisers, representing a full 11% of the combined $14 billion spent on all major media in Canada (TV, Newspapers, Internet, Radio, Magazines and Out Of Home).
Of the $1.6 billion, approximately $317 million or 20% of Online ad revenue was received by French Canadian Online publishing properties, representing year-over-year growth of 22%.
Search advertising (at 38% of total revenues), continues to lead in terms of share of dollars, followed by Display at 31%, and Classifieds at 30%. Online Video advertising grew by 33% from its relatively small base of $9 million in 2007 to $12 million in 2008, while Email advertising stayed stable at approximately $18 million.
2008 Canadian Online Ad Revenue by Advertiser Category was also tabulated, and was as follows:
Automotive – 13%;
Financial – 11%;
Technology – 10%;
Telecommunications – 9%;
Packaged Goods – 8%;
Media + Entertainment (Music, Film, TV) – 6%;
Leisure (Travel, Hotel, Hospitality) – 6%;
Retail – 5%; and,
Other – 32%.
Publishers within IAB Canada’s Annual Revenue Survey have projected that their revenues will continue to grow at an enviable pace, with Online Advertising Revenue in Canada estimated to be $1.75 billion in 2009, or 9.2% more than the 2008 actuals. This forecast includes a 7.8% increase to $342 million for French Publishers’ Online advertising revenue.
“Even in the face of uncertain economic conditions and continued pressure on total advertising budgets, clearly, Online advertising has cemented itself as a mainstay in the overall media buy,” says Paula Gignac, President, IAB Canada. “And although 2009 has presented substantial challenges to the entire Canadian marketing community, we’re confident that Online advertising will continue to grow at the projected pace, for the simple reason that as the Internet continues to engage and delight consumers, it matches these accomplishments with a persistent ability to deliver measureable Advertiser results.”
Digital media analysts Outsell Inc. have projected in their annual advertising study for 2009 that some $65 billion (£39 billion) is due to be skimmed off the top of traditional advertising budgets and reallocated online.
Major brands are going through some hefty corporate liposuction, sucking the fat media budgets out of TV and newspaper and plumping up online spending. The trend towards digital has been talked about for quite some time, but according to Outsell, the money will not be transferred directly to an online advertising equivalent of the traditional ads.
Instead of investing in internet advertising, companies are increasingly looking to spend money improving their own websites, with Search Engine Optimization (SEO), web analytics and good quality relevant content.
Chief executive at Outsell, Anthea Stratigos spoke in an interview with Forbes: “The marketing dollars companies now spend on their own sites is equivalent to all TV ad revenue for the year. Eight years ago we said that the Global 2000 would be the dot-coms of tomorrow. That’s what is playing out.”
One of the biggest mistakes many businesses make is focusing the majority of their advertising budget on print ads and local newspapers, fortunately, a new approach is starting to take root to solve this problem.
Local search online is starting to cause a flurry of excitement for some businesses who are taking advantage of the technology.
More and more people are performing local searches on the internet before they ever leave their home. It allows them to do all their research online and make decisions on where to find what they need right from the comfort of their home.
Less and less, people are using the phone book or newspaper because of this. On top of that, there are too many phone books circulating and it makes it nearly impossible to decide which to use.
Companies who still spend hundreds if not thousands on newspaper ads and other print advertising and are passing up on a golden opportunity to get in front of their target audience by using outdated, archaeic methods.
The internet is changing the way people find products and services.
Local search is a form of advertising that allows you to lower your overall costs, it is cheaper than print advertising and gets you in front of more people when they are ready to buy. The overall ROI of leveraging the power of local internet searches are only going to increase and it makes perfect sense to ride the wave.
Winnipeg-based Fresh Traffic has seen the success online marketing can offer as a flexible and affordable strategy to keep your company’s brand message fresh and in front of your target audiences. The advantages to E-mail marketing and internet advertising are the ability for companies to finely tune a brand message to an individual market segments to generate a greater response. Fresh Traffic’s clients have used behavior and buzz measurement tools to their advantage with online marketing.
A good internet marketing strategy focuses on the “communications” part before it tackles the “online” component. “A custom E-mail newsletter demonstrates how internet technology can deliver a powerful brand message at a reasonable cost without sacrificing quality or creativity.”
As a full service internet marketing agency, Fresh traffic helps businesses nationwide define and create brand identity, communication strategies and quality marketing vehicles online. From logos to internet advertising, Fresh works to build brands. Since 1998, Fresh has been making businesses successful through Message, Advertising, Branding, Web Design & Web Development, along with Online Marketing services. For more information, visit www.freshtraffic.ca
Advertisers are looking forward to next year’s FIFA World Cup and Winter Olympics to save their industry from continued decline.
With the slowing world economy, advertising budgets are being squeezed from all sides, which led to a decline in world advertising spend. Even the bright light of advertising, online marketing dipped in the first quarter of 2009 by 5 per cent in the US.
With the slight exception of the ICC World Twenty20 cricket this year, major sporting events have been absent from the 2009 calendar, but 2010 brings the welcome return for traditional and online advertising companies to promote their brands at both the football world cup and the winter Olympics.
According to marketing forecasts from ZenithOptimedia, 2009 will see a 6.9 per cent decline in global advertising, but will start to recover with the advent of the great sporting events. The prediction is that advertising will grow by nearly two per cent in 2010, up to a monumental $463 billion.
ZenithOptimedia urged companies not to slash advertising budget if they wished to survive the recession: “In uncertain times advertising is often treated as a discretionary expense and cut early, despite much research that shows companies maintaining their ad expenditure in a recession come out of it stronger than those that do not,” reported The Daily Telegraph.
Digital media has a chance to capitalise on the decline of the advertising industry, with the benefits of cheaper and more effective online advertising gaining traction in the industry. Online marketing campaigns to promote the world cup in particular, are set to be extremely lucrative for top advertising markets, and will no doubt boost local advertising in South Africa also.
A flurry of new information released as part of Forrester research predicts a huge change of emphasis from traditional media to online advertising over the next few years. In particular, Search Engine Optimization (SEO) and Pay-Per-Click (PPC) are due to double over the next five years according to the Forrester report.
In the US, digital marketing will become $55 billion industry by 2014, representing 21 per cent of the overall marketing spend. In the UK, online advertising spend already controls over a fifth of the overall advertising market, but the trend predicted by Forrester is that online will continue to flourish while other aspects perish.
The most interesting takeaway from the research is that overall advertising budgets will decline. Yep. With dollars moving out of traditional media toward less expensive and more efficient interactive tools, marketers will actually need less money to accomplish their current advertising goals.”
The message is getting through that online marketing can achieve the same as traditional media for less. A paradigm shift is occurring, with 60 per cent of advertising gurus ploughing money into digital media rather than the normal advertising avenues. Up to 59 per cent of the increase in advertising spend will be allocated to SEO and PPC.
PPC is currently much more prominent than SEO with most companies preferring to invest in paid search. However, as organic search starts gaining more widespread traction, more brands will turn to search engine optimization to drive traffic naturally to their websites. By 2014 the US will spend over $5 billion on SEO according to the Forrester research.