Search engine marketing (SEM) is a set of integrated marketing methods
that are used to promote your website or online business on Internet.
It enables to reach your target audience and spread your business into
global market at a relatively low cost. The method of SEM involves SEO,
paid placement and paid inclusion. The functions of SEM are similar to
other advertising methods, which you might have already used. But a SEM
has certain advantages over the other advertising methods like,
economical feasibility and easy way of reaching target audience.
The following reasons explain the necessity of search engine marketing for your online business.
Usage of search engines:
According to the Web Developer's Journal, 9 out of 10 searchers are
browsing within top 30 search results, and more popularly 78% of them
wouldn't search beyond Top 10 search results. Therefore it is necessary
to get high search engine rankings for your website, which is possible
by search engine marketing. Moreover, there is huge investing on search
engine marketing. In 2007 North American advertisers spent US$12.2
billion and the UK advertisers spent £2.2 Billion on search engine
marketing.
Growth in business proceedings: As per
the recent survey conducted by Forrester Research, the US online retail
sales reached $175 billion in 2007 and are expected to reach $335
billion by 2012. According to 2007 reports of IMRG e-Retail sales
index, the online retail sales in U.K grew by 54% over a year reaching
£46.6 billion from £30.2 billion. Usually the growth in business
proceedings will be increased from consumers who are shifting their
spending from traditional stores to online sales. Search engine
marketing emphasizes the growth in online business industry and
provides an insight on the revenue generated from search engines.
Enhancement in search marketers:
The survey conducted by BtoBonline business magazine has found that
there has been huge enhancement in the search engine marketers like,
• 69.4% of search engine marketers are launching new ad campaigns in
2008 and 36.2% among them are planning to hire additional staff
• 60.1% of search engine marketers are increasing their overall marketing budgets in 2008
• The major increase in budget will be found in online marketing with 79.1% of marketers planning
Advertisers are shifting their investments:
The survey conducted by SEMPO states that many advertisers are shifting
their investments from different marketing and media strategies to SEM.
The following are some of the findings,
• 20% of advertisers are turning their money from print magazine ads
• 13% are moving funds from their print newspaper ad budget
• 13% are shifting TV spot dollars
• 16% are moving direct mail dollars
This information gives you the facts about the growth and development
of search engine marketing and its necessity for improving your online
business.
Marvist is an internet marketing firm providing affordable and professional search engine optimization services to increase search engine ranking of the website, pay per click management
to help companies to increase online sales and improve their
profitability. Marvist was founded in 2005 and has been rapidly growing
since then and has clients now in 11 countries including USA, Canada,
UK, Spain, Japan, Australia and New Zealand.