The MBA Guide to Search Marketing - Presentation Transcript
Wake Forest University – Spring ‘09 Alex Cohen, Marketing Manager ClickEquations | www.clickequations.com The MBA Guide to Search Marketing
Agenda Alex Who? Why Does Search Matter? The Need For Search Literacy Allocating Budgets and Measuring ROI Free Tools
Alex Who? Marketing Manager at ClickEquations acohen@clickequations.com | 484-362-1321 Site - www.clickequations.com Blog - www.clickequations.com/blog Twitter – @clickequations Blogger at Digital Alex Blog - www.alexlcohen.com LinkedIn - http://www.linkedin.com/in/alexcohen Twitter - @digitalalex
Why Does Search Matter?
2 Kinds of Search Marketing Paid Paid Organic
Everyone Loves Search “12 billion searches were conducted in July 2008” - comScore “Half of all internet users perform a search every day. Search is growing at a faster rate than other activities on the Web… "Search is now taking center stage...whereas e-mail is still primary for communications, search is now primary for information activity," - Susannah Fox, Assoc. Director at Pew Internet.
Paid Search is Precise
Paid Search is Fully Optimizable and Cheap Clicks cost - $0.05 - $0.75+ Targeted, relevant ads aimed at active searchers convert efficiently Everything can be measured, analyzed and improved
Organic search attracts 5-8 times as many clicks as paid search¹
7.8 billion searches are performed each month²
The most valuable terms are the most competitive, but can potentially translate into thousands of incremental orders
¹ Pew Internet Research Project (2008) ² Nielson Media (2007) Why Does SEO Matter?
Organic Search Is Cheap High Fixed Costs, Negligible Incremental Expenses Sustained Competitive Advantage
The Need for Search Literacy
The Problem: Scarce Attention, High Competition Sources: 1: Cornell University eyetracking study, http://bit.ly/20hHNY; 2: Eyetools eyetracking study, http://bit.ly/LYX5l
Attention Decreases Down The Page Source: An eye-tracking study of information usage in Web search: Variations in target position and contextual snippet length - Edward Cutrell, Zhiwei Guan, http://bit.ly/OGzsx
The Rising Demand for Search Literacy
Google is a matchmaker pairing search queries with pages
Relevance rules the matchmaking, based on:
On-page elements
Off-page elements
Your ability to rank depends on the competition and your SEO efforts
Our Goal: Determine which queries we want to rank for then optimize accordingly
Organic Search Deconstructed
Picking The Right Queries
Consumers dictate the language used to describe your products when searching
We choose queries at the intersection of:
High(er) search volume
Search query intent
Low(er) competition
Good sites perform well in 1-2 areas and achieve industry-average returns Great sites perform well in all areas and outperform their peers Ranking For Your Targeted Queries
SEO Methodology
Paid Search Deconstructed 1 2 3 4
Paid Search is Precise
Text Ad
Negative Keywords
Homepage
Category page
Product page
Search results
Keywords
Search Engines
Websites
Bids
Match Type
What you sell
Competitors
Related Products
Paid Search Results Depend on a Bit More… REFINE SATISFY TARGET ANALYZE
PPC Methodology Build learning into the process Start with the most relevant queries and expand Optimize before you expand to avoid waste
Allocating Budgets and Measuring ROI
Paid Search ROI Curve Learning & Optimization ROI Cost Time
Organic Search ROI Curve Authority & Time ROI Cost Time
The Evolution of Your Search Marketing Mix
4 Basic Elements of Web Analytics
Slice the Data, Find the Insights Measure Through the Funnel Segment Incessantly, Follow the Trends
The Hierarchy of Smart Search Questions
Questions? ClickEquations is an advanced paid search platform for large advertisers and agencies acohen@clickequations.com | 484-362-1321 Site - www.clickequations.com Blog - www.alexlcohen.com
Budgets are moving online and moving to search mark more
Budgets are moving online and moving to search marketing faster than any other channel. Today's MBA's need to understand what paid and organic search are and how they fit into the marketing mix. This presentation discussed the channels conceptually and gives practical tips to use them. less
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