The Search Gap Between Consumers And Small Business Advertisers
For the several years Nielsen and local SEM platform provider WebVisible have done research tracking online consumer behavior related to local search. Here is our write up of the previous round of findings from the last survey (October, 2007). Over the weekend I got a preview of some of the data from the most recent survey findings.
This latest Nielsen-WebVisible survey captured responses from just under 4,000 U.S. internet users. The questions sought to determine which tools and media they were using to find local business and related information. In the sample were also 261 small business (SMB) owners. The most interesting high level finding, beyond the prominence of search engines, re-exposes the gap between consumer and SMB advertiser behavior.
Most commonly used local business information resources:
- 82% Search engines
- 57% Print yellow pages
- 53% Local newspapers
- 49% Internet yellow pages
- 49% Television
- 38% Direct mail
- 32% White pages directories
- Search engines — 50%
- Print yellow pages — 24%
- Online yellow pages — 10%
Changing consumer behavior patterns over the past two years:
There’s a net loss for all the print media.
But there’s a lag between the consumer behavior and what SMB advertisers are doing.
Small business advertiser data
Some caution should be used here because the sample size is small (n=261). But directionally the findings are consistent with other surveys in the market. The survey found that search engines were the top resource used by SMB owners for local lookups. This of course makes sense because SMBs are consumers as well.
The survey also found that 44% of SMBs have a website. Of those with a website:
- 61% spend less than three hours a week marketing it
- 51% believe their sites’ customer acquisition capability is “fair” or “poor”
Additional SMB advertiser findings:
- 78% of SMB respondents said they dedicate 10% or less of their overall budget to marketing efforts.
- 50% of survey respondents spent less than 10% of their marketing budget on internet advertising, while 30% of respondents did no internet advertising at all.
- Only 26% have invested in search marketing to promote their business
Compare this to the finding that 82% of consumers use search engines to find local businesses.
Other relevant SMB advertiser and consumer data:
Some opinions expressed in this article may be those of a guest author and not necessarily Search Engine Land. Staff authors are listed here.
(Some images used under license from Shutterstock.com.)
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