In a previous post called “Getting New Customers In a Recession,” I discussed the various types of search engine marketing and why they are so important to businesses looking to do more with less these days.
According to a recent study by the Search Engine Marketing Professional Organization (SEMPO), search engine marketing (SEM) is one area of advertising that is thriving in this harsh economic climate. (No surprise there.) In fact, numbers rose from 2008 to 2009 and are expected to sustain their growth over the long term. It is estimated that the total SEM spend in 2013 will reach $26.1 billion.
It has become clear to businesses that search engine marketing is a critical part of their success. What was once seen as an afterthought in terms of advertising is now front and center. So, why are advertisers relying so heavily upon SEM?
1.) Search engine marketing is quantifiable. It allows advertisers to clearly see where their dollars are being spent and what type of ROI they are receiving from their campaigns.
2.) SEM drives pre-qualified leads to your site. A good search engine marketing program is designed to generate targeted traffic for your site. The keywords/phrases and ad copy included in your campaign are developed to filter out the types of visitors you don’t want, and focus in on those you do.
3.) Search engine marketing can address several advertising goals. It can help build brand awareness, promote an event, drive more sales, etc. It is a medium that has wide applicability.
You can read more on the
2008 State of the Market survey by SEMPO here. If you are interested in putting together an Internet Marketing strategy for your business, please contact us.