Many companies might dismiss Google advertising because they think such ads are ignored by online consumers.
But a new study released by internet marketing company WordStream illustrates that that’s not always the case.
In fact, paid search listings are beginning to take up more and more real estate on Google search pages, as you may have noticed.
And even though organic search results still yield more clicks overall, those who are ready to buy are actually almost twice as likely to click sponsored search results than an organic search results.
For example, those who are ready to buy something use keywords with high commercial intent like “toaster oven reviews” or “best internet marketing software.
Those who use enter searches like “coffee shop” or “when is the election” are less likely to be looking to buy something and were found to be less likely to click sponsored search results.
For example, on an average Google search page, the three sponsored ads at the top of the page yield about 41% of the page’s clicks, and they take up a large portion of the above the fold space.
Almost half of Google users in a recent survey couldn’t distinguish the paid ads from the regular search results if there wasn’t a right column.
And Google’s latest financial results raise serious doubts about how much of Facebook’s growth is coming at the expense of the search giant.
So for small businesses that have dismissed using Google’s pay per click ads, it might be time for a second look.
Many companies choose to rely heavily on search engine optimization to gain pageviews organically, but for those who want to reach customers who are ready to buy, sponsored search results could help you land a whole new set of customers.
If your goal is to try to actually sell products or services online, we think the research shows pretty clearly that paid search advertising isnt optional,” said Larry Kim, Founder/CTO of WordStream, Inc.
Claire Cain is a business journalist based in Brisbane, Australia. Claire has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Claire spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.