Wednesday, September 01, 2004

The Growing Pains of Search and Search marketing

The Growing Pains of Search: "As search tries to claw it's way onto Fortune 500 marketing budgets, the driving forces of the industry still have to figure out where it is they're driving too. Is search still a cottage industry, a loose amalgam of hundreds of small shops, or is it starting to become big business?

Will search marketing be overseen by internal departments in the biggest companies and advertising agencies? Will the best of the little guys be gobbled up in the next few years, with the rest left to find a niche to survive in, or wither on the vine? ...

I saw in San Jose was the beginning of a chasm developing in our industry. A handful of more sophisticated and forward thinking search marketers are beginning to really explore what can be done in search. They're beginning to think research and strategy, rather than linking tactics and meta tag optimization. They’ve refocused their vision to look at the large and emerging picture of search. In their wake, they’re leaving the more traditional firms, usually quite small, who are using tactics from 4 or 5 years ago...

The minute we started talking to a potential client, we started spouting works like organic optimization, link building, landing pages, bidding strategies and ROI tracking. All of this is relatively unique to our industry and reflects an exclusively tactical approach.

In San Jose, I noticed a few search marketing companies starting to use a different vocabulary. Not new, different. It's terminology that comes from marketing and is strategy based. We're beginning to talk about customer profiling, identifying attitudes, the nature of the buying cycles and the role of brand awareness. It's a new way of speaking aimed at marketers, not webmasters...

I believe years from now that the 2004 San Jose show will be a milestone in the industry. I think it will mark the beginning of a year that will dramatically alter the nature of the search marketing industry. We will grow up, and that will mean significant pain for many. Search will become much more sophisticated, and the price of entry to play the game may prove to be too expensive for many smaller providers. Alliances will form and total solutions will begin to emerge. Google and Yahoo will have to address the huge amount of time and effort required to manage a large sponsored search campaign. Real money will start to be invested, and made."

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