Study Shows Traits Of A Great Search Marketing Company
Nov 19, 2008 at 4:40pm ET by Matt McGee
More than 100% ROI. 31% increase in brand awareness. 30% increase in web site traffic. 22% increase in online conversion rates.
Does your search marketing agency hit those milestones? If so, you’re a “best in class” company according to a new Aberdeen Group study, What Does it Take to Create Best-In-Class Search Engine Marketing?
Aberdeen surveyed more than 200 companies with formal search marketing initiatives in place, gathering information on their strategies, experiences, and results. According to the survey, the top companies achieve these results:
- 108.24% current return on marketing investment
- 30.93% year-over-year change in brand awareness
- 29.78% year-over-year change in web site traffic
- 21.6% year-over-year change in web conversion rate
The survey also found some common characteristics among the top companies in terms of services and capabilities:
- 79% provide access to real-time and near real-time analytics
- 74% provide ability to adjust SEM initiatives in or near real-time
- 73% utilize campaign management technology
Best-in-class companies have had a formal search marketing initiative (defined in the survey as organic, paid, and/or paid inclusion) in place for 34 months. One interesting budget-related stat from the survey is that best-in-class companies allocate 27% of their overall marketing budget to SEM, while the other companies surveyed only allocate 13% of their budgets to SEM.
The survey was sponsored by Covario, HubSpot, and iProspect, and can be downloaded from the Aberdeen Group’s web site (registration required).
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