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Search Engine Marketing The Tools of Online Marketing and Thought Leadership Before we get started… What is the most dominant marketing topic of our times? From a business perspective, what are the implications of the global economic downturn? What role can online marketing claim for itself, if any, in this environment? We focused on: Online Forums, Wikis Blogs (incl. Audio, Video) Social Media Today we focus on: Search engine marketing management Search Engine Marketing 3 types organic search marketing (results based on algorithm) pay-per-click search marketing (results based on auction system) social search (based on collaboration of consumers) Organic Search #1 Rule: Speak your customers' language. Harder than it seems: irrelevant what you think your customers use to find you. or even what phrases you want them to find you with. Pay per click The fastest growing form of Internet Advertising (vs. traditional CPM) Advertisers pay NOTHING for audience exposure Advertisers pay only when someone clicks on one of their ads (usually $.05 to $2.00) Advertisers bid for keywords that describe their product or service. The number of keywords is unlimited (inventory) ROI easily calculated – If you can measure it you can manage it Largely Google, Yahoo, Microsoft Social Search User generated search results Aim to produce more targeted results Aim to produce more relevant results Aim to produce more credible results The Long Tail of Advertising The economics of Internet retailing increase the amount of inventory that retailers can viably offer – Walmart offers 6 times as many sku’s at walmart.com than in the largest store PPC enables a similar opportunity with ad “inventory” While the bottom 30,000 search terms may not generate the most revenue they are nevertheless very significant A richly segmented “marketplace for attention” is created The Future of Search Search will continue to evolve and increase in relevance In Sum Online marketing means less selling and more customer relationship. Relationship originates from customer’s moment of attention and interest (MAI). Understand customer tools and behaviors to express their MAIs. Understand how to react to MAIs.