 |
Update February 2007:
According to the latest industry research in the months
leading up to February 2007 the percentage share of UK
searches were as follows:
Google 77% | Yahoo 8% | MSN
5% | Ask 5% | Others 5%
Update June 2007: Figures for online / internet
advertising spend are continuing the buck the industry
trend; according to the latest figures from the Advertising
Association.
Its Quarterly Survey of Advertising Expenditure
revealed that UK online advertising spend was up by 42% to
£648m in the first quarter of 2007. This contrasts with all
other forms of advertising, including magazine, newspapers
and TV, which are all falling.
One one the main drivers for
online advertising is "pay per click" with the major search
engines. |
Pay per click advertising
Firstly, a cautionary word
about 'pay per click' advertising with search (se) engines.
It does work, but you have no way of knowing how many
genuine customers are clicking on your advert. Your
competition could be sitting there clicking away on your
advert costing you money per click (although all the search
engines are taking steps to try and prevent this type of
fraud).
Quality not quantity is the key with pay
per click advertising. Don't go and sponsor general search
terms like "marquees" if you are a Winchester marquee
company who only operates with a 30 mile radius of
Winchester - you may get 90% wasted clicks. Try to be more
specific and more selective and limit your expense until you
can gauge the success of failure of your advertising
campaign.
Update July 2007: We
have recently found a useful Google tool called "traffic
estimator" which gives a good indication of the likely costs
of pay per click. For example the search term "marquee hire"
gives an estimated cost per click of between $1.61 and $2.12
for being in the top 3 slots (July 2007).
Taking an average of the
above cost estimate gives $1.86 per click (95p on
approximate current exchange rates). They estimate 54 to 68
clicks per day, again taking an average you get 61 clicks.
So, running a campaign for a year will net you approximately
22,265 clicks (visitors) and cost $41,413 (£21,150 pa).
However, as always there is a
fly in the ointment. Google also say that only 1% of
searchers click on the paid ads on page one, against 2%
clicks on the organic (natural) results on page one. Considering that
the marquee and events industry has a high spend per customer, paying over
£1,750 a month may provide an adequate return?
Interestingly, being on page
one for both the natural search results and the paid results
will boost the click through rate to 6%.
It also begs the question
that if only 1% click on the paid ads on page one, what
percentage click on the paid ads on pages 2, 3, 4...etc? It
would seem that a successful pay per click campaign would
depend party on how deep your pockets are. Bidding a
lower amount to simply appear 'somewhere' in the paid
results will probably do you little good.
(Editors note: Many of
the lower bidding pay per click ads appear here on our site,
so there is extra traffic to be had from sites such as this
one. We are not prepared to state the exact click through
rate for our Google ads; however, we can confirm that it is
much higher than page one listings on the Google search
engine. We don't track all our pages, but our click through rate
on many popular "key" pages is somewhere between 10% and
35% (impressive results given our average is more than 20 times
higher than Google achieves on it's own). Our direct
advertisers have a similar, if not higher, click through
rate; confirming once again that this site is the best value
advertising anywhere on the internet for the events
industry.
| You can learn more
about pay per click advertising by clicking on the Google button to
your right |
|
In the long run,
good natural search results will provide more visitors at a
lower cost. Natural search results should therefore still be
the goal of every website owner.
|
All text and
images are copyright
marquee hire . info 2006
- 2007 |
|