Get More from Search - Trends in Search & Social Media

SearchIgnite reports a 33% increase in retailer’s ad spending over last year illustrates that retailers are likely pouring more dollars into search campaigns which can be monitored and tweaked in real-time.

Roger Barnette, president of SearchIgnite notes: “Advertisers are shifting more dollars to paid search and digital media. Retailers want media they can buy on a performance bases to track and measure.”

Despite a decline in overall consumer spending, people are steadily purchasing goods over the Internet. Observationally, retailers are offering more incentives earlier in the season than is typical,  likely incentivizing consumers to go ahead and make necessary and discretionary purchases.

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Online advertising data offers some light in the current economic do. Third quarter figures reveal an 11 percent increase over 2007, coming in at $5.9 billion, according to the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC). The first nine months of revenues set a new record, climbing 14% over the same period last year. This data not only shows that Internet advertising has continuing to grow as predicted, it reveals that its becoming a haven for ad dollars in the downturn. Continually hailed as the most cost-effective and measurable method of reach customers, online shines while other ad outlets fade.

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Are mainstream online marketing services the answer to helping small businesses increase their online exposure and profits? Sam’s Club seems to think so. But does that make it so?

Sam’s Club’s LeadConnect offers online advertising services packages starting at $25/month that include submitting the local business’ profile to search engines and Yellow Page directories.

Those in the search industry know that good search engine optimization and marketing techniques include a substantial education cycle and far more action than “hand submissions” to the major search engines and directories. While we’re all for local businesses giving online a chance, it probably isn’t in their best interest to market this type of service without educating on what will really drive results.

Even pay-per-click advertising isn’t the end of a dedicated SEO campaign. Your website has to feature relevant, well-organized content that speaks your customer’s language and provides a 2-way feedback loop between business and customer. Being found because you submitted to the search engines is a long shot, and even if searchers do find you, you still have to engage and support their discovery process.

What local businesses need is education – not a laborious SEO university education – but some cursory knowledge of what constitutes a results-driven online initiative. Then, they need help in taking the appropriate actions for their budget and specialty.

It’s not just about submitting listings or buying placement – it’s about how you represent online and whether your online presence is as worthwhile to visit as your offline location. And if SMBs don’t understand this, they’ll spend that $25 or $100 a month and not see adequate results. They could become bitter about the Internet and search marketing in general.

Making SEO mainstream sends a message that brands are built by hands-off methods. Truth is, it’s going to take more than $25/month and a one-time web form to make it online. Education and a little manageable action are the keys to using the power of the online community to a small business’ advantage.

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We know that search is the #1 tool that consumers use when researching products and services but it’s interesting to see that other media continues to facilitate the motivation to search.  

In a survey conducted by BIGresearch for the Retail Advertising and Marketing Association, it was found that consumers are often motivated to search after interacting with other media outlets including magazines (47.2%), reading an article (43.7%), watching television (42.8%) and reading a newspaper (42.3%). Men are more likely than women to start a search after listening to the radio (34.4% vs. 24.9%) while women are more likely to respond to receiving coupons than men (41.8% vs. 29.0%).

Which outlet deserves more attention from your budget? It depends on your audience’s media patterns. Market research and studies will help you drill down the particular areas you need to focus on, but the new purchase pattern of consumers and businesses involves a multiple media approach – and that means that your business must adopt the same pattern for your marketing campaigns.

While many forms of advertising are beneficial, such as product reviews in magazines, radio ads, and relevant TV commercials, it is unlikely that the prospect will act on that information immediately. Over time, repeated exposure or a genuine need will drive your customers to a search engine where they’ll begin their decision-making process in earnest.

While we’ve been reading about this paradigm shift for a few years now, the connection is still far from seamless in the minds of so many marketers. Yet, the new reality is that advertising is a means to drive traffic to your website or to vertical sites that foster the research/purchase cycle - and that actuality can take some getting used to.

Crossing the chasm to capture the purchase cycle interest requires that you always feature online activities (search, website, communities) in the call to action in all ad campaigns. Based on the knowledge that the majority of your customers are going to look in search engines for you or visit your site directly when you’ve caught their attention, then you must gear everything you do toward that behavior.

If you’re running a magazine ad for a new high-tech add-on to an existing product, prominently feature a micro-site for that product. That micro-site can do more for conversions than 1000 full-page ads ever could. It’s about delivering the complete decision-making package to the prospect instantly: text, video demonstrations, customer testimonials, and if applicable, outgoing links to retailers/reviews/social networks that support your product. And don’t stop with creating micro-sites, practice best SEO techniques to get the most relevant content into the search engines ASAP.

Additionally, you should customize the online destination for each campaign for the audience and the product. Sometimes, a favorable product review might be the best landing page for a campaign. Or, if you have an active blog community that engages a loyal readership and creates a transparency with your brand, that might be the best scenario for a buyer demographic that thrives on casual but intelligent repartee. 

Another important realization is that your consumers will communicate with each other after they have purchased your product.

Joe Pilotta, Vice President of BIGresearch says, “Retailers must realize that online communities are now producers and through their stories are able to extend the distribution of traditional media with a trust and truth not even approximated by mass media.”

Word of mouth is a powerful tool and even online consumers are most likely to communicate about a product or service face-to-face (68.9%), but bear in mind that consumers do utilize other methods for communicating their experiences: email (53.1%), telephone (50.9%), and cell phones (30.0%). Young adults are more apt to use new media sources to communicate about products and services they have purchased, including instant messaging (37.5%), text messaging (23.7%), and online communities (20.6%).

In summary, a diverse advertising strategy is important, but it has to: 1) communicate to your audience within the media that they’re most likely to interact with; 2) drive potential customers to the Web where they will search for your brand, make their decisions and communicate with other consumers post-purchase.

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Online video is the rising star in the advertising community. Why then do so many large companies continue to advertise with display ads? According to data from TNS Media Intelligence Vonage, AT&T and Dell spent a combined $489 million on display ads in 2006. Display ads hold 21% of the market share with US online advertisers while online video only holds 8% of the market share. That places display ads with triple the amount of market share over online video. This doesn’t mean that marketers are dissing online video, however. While advertising spending for display ads will remain flat over the next few years, online video will steadily increase until by 2011 they will have 17% of the market share for online advertisers.

Companies are finding that the more diversified you make your advertising the more effective your campaign will be. A study was released in December 2006 by comScore Networks that determined that if companies utilize both search and display advertising their campaign will be more engaging and effective than companies that use a single type of advertising campaign. Per the study, online users who were exposed to both display and search advertising increased their page views compared to competing sites by 68% and increased their time on the sites by 66%. Among those exposed also increased their purchases of the advertisers products and services by 244% online and 89% offline when compared to online users with similar behavior who didn’t view the ads.

Diversifying your marketing campaigns take planning, but an engaging multimedia campaign will pay you back with better ROI and make you look like the company rock star. All advertising is important; you just have to research what truly works best for your company and utilize the outlets that best connect with and influence your future customers.

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How did you develop the information at your website? Did you use offline material or spin off content from press releases, news items or your internal communications? Then, did you layer on some graphics, maybe a little Flash animation to jazz it up some programming and think that your audience would get the message?

In actuality, your website may be failing to communicate the message you really intend to offer to your visitors. You need to open a dialog to effectively communicate - and you can start by thinking of your visitors as an audience that gives feedback, instead of just customers with credit cards in hand. Doing so can create a more enjoyable user experience, and will keep them at your site longer, engaged with your brand. This in turn creates the end goal you desire: more sales from a more loyal customer base.

It begs the question, “how do I go about creating an interesting website that will engage my precious site visitors, turn them into an audience and then into customers?” very successful method is to create a website that blends information, entertainment and community.

While the written word is the foundation for your website, it is also necessary for search engine optimization and it engages the reader types among your audience. Yet,  some Web 2.0 tools are within reach for most companies and offer so much benefit for the investment.

One tool that can help do that is web video. Video has a lot going for it, providing a platform to showcase your products, employees, customers or affiliated events in a rich media experience that is becoming commonplace. Video presentations need to have enough value to them that people want to share them with others and both the presentations and content must create a memorable experience that entertains the individual.

Video is not the place to lay on the sales pitch - your audience is looking to be entertained, not hit over the head with a self-serving show. Instead, create short videos that work together in creating a subtle brand campaign - engaging enough to keep their interest - and fresh enough to keep them coming back to find out what happens next. The underlying theme is your product, but the consumer is being entertained in the process. Buy-ready consumers are more likely to remember brands that entertained them.

Look to the Internet for other successful campaigns, Video sharing sites (i.e. www.youtube.com) and Web advertising awards (i.e. www.webbyawards.com) are a great place to start for what’s viral and what’s got the attention of consumers and brand marketers alike.

To improve your website, start the thought process from scratch – how can you best communicate with your online audience? Web users form an opinion about your company within seconds of reaching a website. Capture them with fresh content and keep them coming back with engagement tools like video. Stop talking (about your company). Instead, start communicating.

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