The Value of Web Marketing…
The Internet is changing the rules of
business. As trite as these words may seem now, they are true. Like radio and
television, the Internet has brought about an undeniable shift in how business
is conducted. Unlimited information, instantaneous communication, and a market
more vast than anything before have become available to both massive
conglomerates and small home businesses. However, one underlying factor remains
the same: advertisement. While the traditional business plan of a "Brick
and Mortar" company has always included extensive advertisement, the same
cannot be said about many Internet businesses. Many webmasters go to great
lengths to craft wonderful web sites, putting little or no thought into
advertising them. And any business that doesn't advertise is doomed to failure.
Web sites need to advertise and promote themselves to create traffic on their
site, to stay in business, and to grow.
Businesses on the Internet share a kind of
equality that Brick and Mortar businesses do not. When a visitor arrives at a
website, they really have no idea how large or small that company may be. In the
Brick and Mortar world, it is easy to distinguish between the two--the larger
will have the bigger store, flashier advertising, and a more expansive
inventory. On the Internet however, small companies can project an
uncharacteristically large presence by creating and properly promoting their web
sites. While the Brick and Mortar retail world is consolidating and merging
towards giant discount oriented retailers, the Internet is teeming with
thousands of small, successful companies who might not otherwise be able to
compete, or even start-up, in the Brick and Mortar world.
No matter how large or small your company is,
you need to advertise. Unfortunately for most small businesses, Dot-com or
otherwise, traditional advertising methods require immense capital and human
resources. This is exactly why many smaller businesses fail--they spend too many
of their resources in trying to compete on somebody else's turf.
The most obvious medium of advertisement is
television. However, television's effectiveness in attracting customers is
questionable. Its effectiveness lies in achieving brand recognition. Yet at this
point most businesses are trying to increase traffic to their websites and gain
more customers--brand recognition can wait until after the IPO. Television
advertising is also the most expensive medium. More than one previously unknown
Dot-com spent all of their available resources on a Super Bowl spot. They may or
may not have been successful, but nevertheless, they spent millions of dollars
for 30 seconds of airtime. Most businesses are more shrewd when it comes to
spending their dollars, and they want more than just thirty seconds of exposure.
If you thought that targeting an
Internet-based audience would be more effective at driving traffic to a website,
you would be right. Banner ads and mass-mailings are much less expensive than
television. However, they have their limitations as well. While remarkably
cheaper than a TV spot, a small banner ad on a major portal website can still
cost over six thousand dollars a month. Furthermore, it is generally agreed that
banners are not a cost effective way to bring visitors to a website. Most
potential customers see banners as just a nuisance. Mass mailings have a similar
drawback. If you opt out of spending money for your own list, you can buy space
in someone else's. But you'll be competing for the customers attention with
whoever else bought space. Another disadvantage that banner ads and
mass-mailings have is that they aren't targeting the people who are most likely
to be interested in the content you have to offer. They may reach a wide
audience, but most of that audience will recoil in horror, yell
"Spam!", and delete your expensive ad before having the opportunity to
realize that you are exactly what they're looking for. While both traditional
methods can and do work, they require a lot of what most of us don't have:
money.
The most cost-effective advertisement would
have to be both cheap and targeted at exactly the right customer. Years ago this
was something of a pipe dream--today it is a reality. The Internet is the most
comprehensive source of information in human history. But like any library of
knowledge, it must be catalogued and organized to be used effectively. And
therein lies the perfect solution: search engines. Like the card catalog of a
library, search engines are a customer's way of sifting through the Web to
filter out what they're looking for. And what better way to make sure you are
found then to have an influence on what they find? Search engine listings meet
both of our criteria in terms of focus and affordability. No other form of
advertising is so focused that the customer is actually searching for you. A
search engine user is a highly receptive and targeted audience because you are
not trying to sell them on something they don't already want. They have come
looking for you and they already want what you specifically have to offer.
Furthermore, the great majority of search engine listings are free. Return on
investment couldn't be better-- with none of your dollars spent, the very first
dollar returned is profit.
According to the Georgia Institute of
Technology, 88% of Internet users find new web sites through search engine
listings1. WebCMO data shows that in a side-by-side comparison of different
forms of promotion, search engine listings are the number one way to generate
traffic on websites2. Search engine listings send droves of visitors to your
site and they are free. I have personally seen websites where traffic has
increased ten-fold as a result of good search engine positioning. Nothing could
be better, but there is a catch.
Getting listed on a search engine below 499
other websites simply won't work. You need to get a listing near the top of your
category to collect all the traffic a search engine can deliver. But the good
news is that you can dramatically improve your positioning with a little bit of
elbow grease. All it takes is some key modifications to your website and a
little thought. It's not that hard and you can do it. Using a program like
AddWeb 5 to guide you through this process is the ideal way to simplify your
work. It guides you through every aspect of the Search Engine Positioning
process so you don't have to be a tech-savvy guru to get excellent results. With
good search engine listings a small business can project a large image on the
Internet and get the kind of traffic that so many big business sites get.