Posts Tagged ‘Search Engine Marketing Investment’

Search Engine Marketing – An Investment that Pays

February 7th, 2010

When making a buying decision, especially for large ticket items, prospective customers invest time researching their purchases on line. Seeking information prior to purchase, customers request information using common search engines such as Google and Yahoo! A website link that appears as a result of this user request for information can offer the website owner a unique opportunity to earn credibility and hopefully, a sale. When customers today think about buying, they begin the process with an internet web search.

Search Engine Optimization or SEO is the process by which a company web page can be made more likely to appear as a result link when the user is researching a purchase. Optimizing a web page simply means that for users searching for a particular bit of information, an organization\’s page can be easily located. For web sites that appear at the top of the search engine results pages, the opportunity to earn customer respect and ultimately a sale, certainly exists.

Organizations of all sizes – particularly the large ones – already invest huge sums to optimize their internet pages for specific user searches. Savvy marketing organizations wouldn\’t invest significant money in an SEO program if it did not provide a significant return on the investment.

Major companies use SEO techniques to earn new revenue. But is the same methodology available to earn revenue for smaller organizations? By using local buying characteristics, even the smallest of businesses can compete with the multi-national corporations to win sales. Ultimately, the internet is a level playing field upon which all companies can compete. Winning sales using SEO on a local level is very possible.

National organizations generally compete based on product performance and price considerations. However local businesses can also compete based on location and local services provided. Differentiating between the two types of organizations and the differences between product and service offerings offers an opportunity to position the small business website to compete where larger companies aren\’t strong. In this fashion, the smaller organization can compete for and win new customers.

Of course the major decision point surrounding investment in an SEO is the ultimate cost. Google believes that average cost for new customer acquisition using direct mail is about $70. For email campaigns, this cost drops to $60 and Google\’s cost per click model works out to be about $8. This pay per click model may require users to pay for clicks that don\’t result in sales however. Pay per click also requires customers to click on the advertisement contained on the Google web page.

Even if the average product might not fit an organizations\’ business model, the proportions still hold value. Direct mail costs a great deal to identify a new customer, while an email campaign is somewhat less. The Google paid link program is quite a bit cheaper still. SEO however, if properly orchestrated, can be even less expensive and more efficient – especially over the long term.

An optimization campaign to attract new business using the company web page can take a few months with an investment between several hundred to a few thousands of dollars. Google\’s pay per click program can cost as much as several dollars per user visit. These costs add up quickly!

The real advantage to SEO though, is that the links presented as search results are not viewed as paid advertisements by viewers. Internet users typically trust the optimized page much more than one they would reach by clicking on an advertising link.

In short, an optimized page using SEO methodologies can position a company web page to attract viewer traffic and convert readers into customers. An investment in SEO can efficiently win new customers and build new revenue streams. As users are more likely to click on the results contained on the search results page before they will click on an advertising link, SEO offers a great opportunity to present your company\’s products and services exactly when users are in the purchasing process. Investing in SEO can be more cost efficient over the long term than many other forms of internet advertising.

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