Oct
3 Examples that Show Online Marketing Continues to Grow Exponentially
There continues to be new reasons nearly everyday to choose online marketing and social media strategies over any other form of marketing for just about all businesses. The United States continues to be the leading example of what will follow in most other markets, and definitely markets like Australia, Europe, Latin America, and even more so nowadays, the Middle East. Here are some of the recent new records, market leaders and new milestones in the world of online marketing and business.
- One Billion. Google continues to make new records, and clearly dominates the absolute majority of the search engine marketing market. Google just recorded over one billion unique users for the month of May. This is a milestone for any website, and a milestone and another boost in business for the search engine giant. It must be stressed this figure is of ‘unique’ visitors. This is clear evidence of the continued increase of internet users, and even more reason to work with those who specialise in SEO (search engine optimisation). Having your website, article or webpage come up at the top of those search results continues to be one of the best ways to market yourself. At the same time, Google is about to be put under a serious spotlight, by an investigation of US Federal regulators looking into Google crowding out competitors, particularly in the area of maps. It does not take much investigation to know this is the case. Maps also forms the basis of Google Places, an area that has become very important to small business.
- Facebook Ads. Facebook has increased its share of the online advertising market. This is a little different to the search engine advertising market of Google, and the two should not be confused. Facebook has now become the largest generator of advertising on the internet according to a survey by eMarketer, and has taken the top spot from Yahoo. The same company (eMarketer) predicts that Facebook’s advertising revenue will reach US$2.2 billion this year. For a company that many still believe doesn’t have a real revenue stream, the figures do a lot of talking. There is a lot to be said about including a targeted Facebook advertising campaign into any online marketing and awareness strategy.
- LinkedIn. LinkedIn, which has a huge popularity in itself, without competing with the likes of Facebook, has taken a leaf from Facebook’s advertising platform. LinkedIn has just started its own new socal ad formats as of late June, 2011. The advertising platform is designed to leverage the actions of members on the site. For example, if you recommend a company or ‘like’ or ‘follow’ a company, LinkedIn will use this data to give users a more targeted advertisement. This is not just about what you see, but how other users could interact with you and those advertisements. The example LinkedIn provides, gives a very good explanation of their strategy. “LinkedIn could put up an ad for a Google job (sponsored by Google) that will show people in your network who work at Google”. This could help you in targeting those who could refer you. Other examples need to be demonstrated, but because of the huge popularity and clear demographics of LinkedIn, the potential is extremely exciting.
The world of online marketing is still playing second fiddle to the budgets for TV advertising, but it is only a short time before this situation changes.











