Written by Awkward Situations on Saturday, April 07, 2007
SEM - An Effective Tool for Marketing
By: Puretech Internet (I love this source)
Marketing and advertisement is of foremost importance for any business / company. There are different reasons why companies pursue it. The popular ones include: getting more sales; branding, increase in visibility, and/or market share; or to introduce a new product line or services. According to recent trend branding and positioning is not only limited to offline world, Internet and Search Engines such as Google, Lycos, Yahoo, MSN, AOL etc., also play an important role in achieving this objective.
How does it relate to Internet and Search Engines? If your product is not right in front of your customer at the respective stores where these products are typically purchased, you can certainly say that you are missing out on sales, market share, and branding. The same concept applies to the Internet and search engines. If your web site doesn't shows up in the top rankings for your offered services and products in major search engines you can calculate how much business and branding you are missing out on? SEM is a Combination Art & Science.
According to SEM Experts, Search Engine Marketing is both an art and science. Its goal is to optimize a site's ability to be found on Internet search engines and directories for the most targeted keywords / phrase by employing various Search Engine Optimization strategies and drive qualified traffic to the web site. This leads to more quality referrals & hence increase in sales.
Search Engines provide Target Traffic.Search engines are the most widely used means of finding information on the Internet. It provides an effective method of driving highly targeted visitors to your web site. A new study shows that the Web has grown to more than 2.1 billion documents and is growing at the rate of 7 million pages per day. Another study indicates that people who spend five or more hours a week online, spend about 71 percent of their time searching for information. That goes to show that how important are search engines in branding and marketing of products and services through your web site. It is the No.1 way people find your web site.
Positioning your right web site at right place. If your business's main product is "fashion garments", you have undoubtedly positioned your product at most of the department and fashion stores. Following the same suit, SEM Experts position your product/website at the top of the search engine results so when users search for " fashion garments" roughly 1,500 times daily on the major search engines, your website shows up in the top rankings. Now suppose this campaign is conducted for 8 months (including the maintenance) and there are 1,500 searches a day and your website is seen as #1 daily, the users will begin familiarizing your company / brand name, thus helping in better brand recall and easy sales.How does it differ from Offline Marketing approach?
With a successful search engine marketing campaign you can accomplish every goal and objective that is sought after with offline marketing and advertising. There are two major differences between offline and online marketing: 1) Marketing your website via search engine marketing, email marketing, banner adv. have proven to be drastically less expensive than their offline equivalents, and 2) Search engine marketing facilitates you to demonstrate your product throughout the world or whichever geographical area you chose but with offline marketing, your marketing and selling efforts are restricted to a particular area in a city or town as the case may be. Why is Search Engine Marketing more effective?The ROI for SEM is excellent compared to any other online marketing means, especially when compared to online banner adv., direct mail campaign etc.
With SEM, you get better conversion rates, lower cost-per-click, and lower acquisition costs. A study by market intelligence firm NPD Group, say "consumers are five times more likely to purchase products after seeing search listings versus online banner advertisement". In the same market research report it was found that high search engine listings drive the highest awareness or branding for a website, with consumers recalling websites 60% of the time from search engine listings #1-5, and roughly 20% for online banner adv. Among the Top search engines, Google is considered to be the major source of referrals for all web sites and the main target of every SEM campaign.
It is followed by others major engines and directories such as Lycos, MSN, Yahoo, AOL, AltaVista. Search Engine Marketing is no trifle task. It is an art and science of applying the knowledge and experience gained over the years researching the search engine's distinct criteria, unique indexing parameters or algorithm. It requires a calculated approach guided by proven and ethical methodologies to deliver the results.With usage of Internet increasing in multiple folds in India and abroad, search engine marketing is an effective and appealing means of marketing and advertising to reach your target audience and cannot be ignored. For more Search Engine Marketing
