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by Lucy Griffiths on 21st October 2008
In the Search Engine Marketing Buyer’s Guide (2008) recently published by E-consultancy (September 2008), they reported that the market for spend on search engine marketing was estimated to be worth £2.75 billion this year in the UK alone.
As a UK business owner, you may not be interested in that fact but where the numbers start to tell a story is how they’re split between paid search (£2.42 billion) and search engine optimisation (£330 million).
This split is mirrored by data released by SEMPO which has the US advertisers investing just 11% of their Internet marketing spend on search engine optimisation ($1.3 billion).
As a company that helps businesses with both of these core aspects of search engine marketing, we can appreciate why there is such an investment in PPC advertising. However, we find it intriguing that search engine optimisation (SEO) is so far behind in the spend stakes being treated with the same disregard as an Icelandic bank savings account. Perhaps it suffers from the feeling some site owners have that SEO is free? The notion of free listings is valid but for any business to not be making provision for SEO in their online marketing budget is short-sighted, particularly when you review the following:
This eye tracking heat map from Enquiro clearly highlights the fact that most searchers still go top-left when conducting a search. It demonstrates that the sites occupying the top 3 slots of the natural search results will attract 100% visibility and only dropping to 50% at position 6. Compare this to the PPC adverts where the ad at position #1 only achieves 50% visibility. This falls dramatically to 10% by the time you get to the ad in position 5.
Hopefully, you’ll appreciate the value in SEO and understand why free isn’t always best.
We offer a range of search engine optimisation services and would welcome the opportunity to demonstrate how we could help your business improve its online visibility.