Get Social-able With Your Online Marketing

So after all the hype, the concept of ‘web 2.0’ and the promise of a more ‘social’ focus on the internet now has its feet firmly under the table. Social media, driven by the relentless expansion of heavyweights Facebook and Twitter has exploded.

So much so, they, along with platforms such as Youtube, Wikkipedia, Flickr and many others can become the foundational basis of a company’s online drive. It’s no longer just about a good service and functioning website. As a firm, the world expects you to interact with them and, perish the thought, even be interesting.

Just look at the some of the statistics of the growth of social media over the past 4 years. It makes quite astonishing reading.

Facebook for instance, plodded along for a year or so before in early 2007 the uptake of new users positively burst into life turning it into a global phenomenon. Nowadays the social networking giant boasts some 750 million (as of July 2011) active users worldwide. Of which, an impressive percentage log-on to get their fix at least once a day.

While Twitter, can boast nearly 100 million tweets per day from its dedicated bank of registered users of some 180 million. Now they’re impressive numbers, and self evidence why social media, and Twitter in particular are invaluable ways to interact with your market/audience and release company information, such as new products, promotions or services.

The next 12 months show every sign of being even bigger in terms of growth. Facebook has recently rolled out the latest iteration of its layout and news feed, while the industry gets excited about the imminent arrival of ‘facebook timeline’ (a direct response to Google’s fledgling Google+ social network service) which promises an all-new way to showcase your personality in cyber space.

One thing’s for sure, your company needs to be part of this revolution. If you don’t have the marketing set-up to develop a sufficient online model in-house, then a search marketing consultant is what you will need to take full advantage. Before you know it, your business will have the Facebookers and Twitterati that matter unable to stop trending about your company.

The Pros and Cons of Paid Search Marketing

Using search engine marketing (SEM) methods such as pay-per-click (PPC) or paid inclusion can be very effective in terms of increasing traffic to your website and widening your customer base. But you have to be aware of the best times to employ these strategies, and if you are considering going down this route it may be a good idea to hire a search engine marketing company to advise you on the latest methods – otherwise you may be spending money with very little reward. So when should you use SEM, and what should you avoid?

On the plus side, paid search marketing is a highly targeted method with corresponding low wastage. Because the traffic driven to your website will be those with the right match types in terms of keywords or Google Adwords, your ads only appear when potential customers are searching for products in your particular area, and therefore have a high purchase intent. Logically, then, if your website has a very specific or niche product to sell, pay-per-click may be the right marketing option for you. Traffic volumes with PPC are also more predictable and easier to manage than with search engine optimisation methods (SEO).

Pay-per-click listings can also give you the advantage of speed, since they can appear within a few hours. Contrast this with SEO, which has a much longer lead time. If you are selling a product within a particular time-frame (perhaps for Halloween, for example), then you will want to make the most of the time you have so in this case PPC could be appropriate in terms of overall cost benefits. On the other hand, if your product is more of a slow-burner then SEO may work just as well, if not better, in building up your brand. Basically, you need to decide which approach will be best for the product or service you have.

One of the major disadvantages of pay-per-click marketing is actually born from its strengths. Because it is such an efficient way for companies to achieve high rankings and drive customers to their websites, there is a correspondingly high level of competition. Pay-per-click is based on competitive bids and for some sectors this can lead to alarming levels of inflation. Basically, this can be a prohibitively expensive business if you don’t know when to employ it effectively, or when the placement costs will begin to outweigh the benefits. If you are at all unsure about this, consult a search marketing company who will be able to give you a realistic idea of your potential return on investment, and whether PPC is right for your company.

Because of the potential for inflated PPC prices, sadly this method can often favour larger brands which have a bigger budget and more effective infrastructure in place for managing competition or bigger campaigns, for example. If you are a start-up, it may be a good idea to build up your brand first before embarking on paid search marketing.

Pay-per-click marketing can be a very effective way of driving traffic to your website and improving your search engine rankings. However, it can also be costly and there is a great deal of competition in certain sectors so you need to think carefully about the right time for your company to employ this approach.