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The right market for your own paid placement vertical search engine
A
revolution has overtaken the advertising industry: paid search advertising.
The news of the mega-success of companies like Google and Yahoo! has
spread far and wide. But paid search profits are no longer limited to
big business. Your company’s Web site
can create a profitable new revenue stream through paid search advertising
that you control – instead
of the major search engines.
Search
benefits all
First, a little history. Generic search engines have enabled Internet
users to navigate the enormous scope of the Web. Paid search advertising
(also called pay-per-click or pay-for-performance) is one of the most
popular and effective methods of marketing. Paid search allows advertisers
to get in front of searchers at the precise moment they're searching
for information about advertisers' services.
In these models,
it’s the search portals such as Google and Yahoo! that make most
of the money. Businesses pay these portals to drive traffic to their
sites.
But with rising
bid prices and diminishing inventory, Web sites need more innovative
and effective solutions to connect with their customers as well as monetize
their own sites. Well-designed and maintained search is a key to accomplishing
both – with the same tool.
Statistics show
that over 64% of U.S. Internet users who visit search sites actually
conduct searches and upwards of 50% of all searches generate revenue.
Thus, gaining control over site search means that your business will
both satisfy customers and generate more revenue.
A
solution for now: for your customers and your bottom line
In the revolutionary new model offered by the Vortaloptics
Search Solution (VSS), a highly customizable search engine is plugged
into a Web site that is used to “shape” search results,
such as positioning and content. A shaped search produces highly relevant
results, and displays only the links pre-determined by the business.
Even in Web-wide searches, a shaped search can also exclude site competitors
and undesirable content. In addition, the search engine can act as a
“layer” over an existing search function, or operate as
the main search function on your site.
Generating paid
search revenue is as simple as selling a flat-fee keyword listing or
contextual banner ad to advertisers. Adding the advertiser’s listings
is fast and easy – a new listing can be up in seconds. You can
choose to include as few or as many paid search listings in your search
engine as you like.
Accurately
deliver relevant content
Analytics are an important part of the technology and marketing landscapes
today. It’s not enough to just build a search engine and hope
it satisfies visitor needs – you need to know what they’re
searching for and what clicks actually convert to sales. Vortaloptics
clients utilize the Web-based interface of the VSS to monitor and measure
keyword activity, pinpoint top keywords, sell keyword listings and manage
positioning of the listings for specific search results.
The
right market for your vertical search engine
Vertical search is white-hot and it appears it will stay that way. Advertisers
are shifting dollars from general paid search advertising to vertical
sites. A recent study by JupiterResearch, “Vertical Search: Early
Marketers Will Reap Rewards of Low Pricing,” corroborates the
trend and speculates that paid search will follow similar growth patterns
as media markets like TV and magazines in that general topic search
engines will give way to a larger number of vertical sites focused on
specific subjects.
Knowing that advertising
dollars follow the consumer, it’s clear that users have adopted
search in the product purchase cycle. Searchers typically begin their
search efforts at major horizontal engines, then click their way to
vertical destinations when their needs aren't satisfied by the mountain
of listings provided there. That’s not to say that search ads
aren’t still effective at general engines – they are –
but vertical placements are increasing and are proving to be even more
effective. Thus, vertical paid search advertising is going to help the
paid search market exceed its profit projections. Piper Jaffray analyst,
Safa Raschtchy, projects search to top the $7 billion mark this year
– two years earlier than predicted – and subsequently sees
search hitting $13.5 billion in 2007 and $23 billion in 2010.
How
much can you profit?
To understand the revenue potential of a modest site, let’s use
a very simple model called “filling the grid.” In this model,
the client identifies the 20 most popular keywords searchers use at
its site and then sells 10 listings for each keyword (or phrase) at
a flat rate of $100 per month. This 20 by 10 by $100 grid equals $20,000
per month in advertising profit.
Do
more with less
Since Vortaloptics hosts and maintains the ASP solution, the VSS actually
reduces the client’s Web site server load. And a search engine
by Vortaloptics costs less than you might imagine. Plus, if you choose
to sell paid listings, hosting fees are usually immaterial compared
with the revenue coming in your door.
A
winning solution
With shaped search, visitor satisfaction increases because search results
deliver the information visitors want. Advertisers get to place their
product or service in front of their target audience at the exact moment
they’re searching for what they offer. And your business successfully
connects with your audience, literally on their terms, while benefiting
from a new easy-to-manage revenue source.
In summary, everyone
wins.
Want to learn more
about how Vortaloptics vertical search can improve your Web site, customer
relations and make you money? Please request a free
product demo or price
quote at our site today.
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