- What makes SEM crucial for today's companies?
SEM is the current component of any contemporary company. Society as a whole prefers instant understanding over delayed gratification. Google, along with SEM, provides that ‘instant’ resource prevalent in today's culture.
Smartphones drive consumer behaviour. Studies indicate that if you can't deliver quality content to consumers in three seconds or less, you're losing them.
A goldfish has an attention span of 8 seconds, while humans currently last only 6 seconds - or possibly even less - and I believe this is caused by smartphones. Users are always scrolling through their
Facebook feeds and searching online for the latest and greatest information.
- What characteristics guarantee a prosperous SEM campaign?
Relevance comes first, then speed and, finally, intent. Intent plays an important role in the success of SEM campaigns. We often say that ‘every cent spent has a purpose’.
Capitalising on intent is what sets Google apart from the rest.
Remaining meaningful after the click is another important part of the puzzle. Effective SEM ad campaigns depend less on your ability to create eye-catching ad text and more on directing your target audience to the information they expect.
For example, think of a buyer who wants to evaluate a BMW against an Audi. You may be selling an Audi, but he's trying to understand the differences. Instead of directing him to a landing page promoting the Audi, guide him to content that explains the distinctions between the two products.
- Are there specific sectors or types of companies that benefit most from SEM?
Generally, the sectors that benefit most from SEM are those that have a dynamic inventory that they want to sell quickly.
For example, car dealers usually prefer to sell their cars within 60 days. They therefore need immediate visibility and want to reach the individual who is ready to buy the car today.
- How does SEM contribute to revenue growth?
Fundamentally, revenue can be increased through SEM, since a return on investment must be anticipated.
However, this doesn't automatically imply a reduction in total advertising spend - it only increases the efficiency of advertising spend.
For example, if last month our average advertising spend per sale was 500 euros and we manage to reduce it to 475 euros or 450 euros per unit, we are making progress, as this allows us to sell more products at a favourable price.
We can increase ROI by making sure that each advert remains relevant. We can provide relevant adverts that resonate with the target audience, increasing their effectiveness from Google's perspective.
It's the perfect solution for consumers, retailers and agencies.
- What are the next anticipated advances in search engine marketing?
There are currently two significant changes taking place in search. One is voice search, with Alexa and Google Home. What we say is going to be as essential - or almost as essential - as what we search for. Facebook has revealed that it is also entering this field.
An additional advance for us is the ability to monitor in-store conversions. Since people take their smartphones with them almost everywhere, we can now know whether they saw our advert, whether they clicked on it and whether they subsequently visited the shop.
This practical application is also what everyone has been looking for. In today's business, it is undoubtedly persuasive.
- Which platforms could be most successful in increasing in-store conversions?
Google and Facebook are the top companies. They have the best data and we've known this for some time.
The geographical aspect of consumer data has been accessible since the late 1990s, when Nokia mobile phones were prevalent. Towers sent pings to mobile phones to transmit the signal. Lately, we're recognising the influence of creating models that take geography and search histories into account on how consumers differentiate purchase and acquisition choices.
Having this access to information allows us to convey the right message to the right individuals at the perfect time. Some may choose to avoid it, while others may wish to have such messages sent to them.
- What other types of marketing complement SEM effectively for best results?
As the ideal landing page is crucial for conversion, Studio.351 offers personalised content and videos that provide the precise information users expect.
This is very effective on Facebook and YouTube. We analyse the necessary data to support customers at a later stage in the sales process. We are committed to the results that follow the click. This is extremely important.
- Are there other digital marketing strategies that SEM is moving into?
We are also exploring ways to move our industries towards digital sales, asking questions such as: how will automotive retailers carry out online transactions?
The concept is inspired by companies like Amazon, which deliver goods directly to people's homes. These subtleties will affect the evolution of important industries such as automobiles.
- What are some surprising best practices from search engines that can help companies improve in-store conversions?
Google's default settings may not suit your business, so companies and retailers should look to reduce advertising waste by ensuring that their ad spend is not targeted at foreign nations or regions that have no potential value.
Even if limiting your localisation criteria reduces your reach from 100 to 50 or even 15, you should continue, as those 50 or 15 individuals will be valuable potential customers who are considerably more inclined to buy.
- Are there any key tactics that can improve local search engine marketing initiatives?
Bidding for share of impressions is increasingly important, as it sets the benchmark for customers. For example, it's essential to understand how prominently a company appears in a specific area when people search for its name.
If you don't understand and focus on this crucial metric, you risk being exposed to rivals who can easily take away a sale in your territory.
SEM has a similar flow to breathing - it expands and shrinks, and sales and advertising budgets must adjust in response. For example, when demand increases, we tend to spend more money. We then supervise the campaign according to demand. The era of ‘set it and forget it’ is now a distant memory.
SEM expenses can vary from 500 euros to over 50,000 euros a month, influenced by the type of business, target market, competition and specific campaign objectives. Cost-effective packages consist of essential services such as basic keyword research, ad development, campaign start-up, bid management and monthly reports.
- Why is it important for companies to invest in SEM?
Companies should allocate resources to SEM, as it offers instant exposure on search engine results pages, helping them to connect with potential customers who are actively looking for products or services. SEM provides adaptability with precise budget management, instant performance monitoring and the ability to quickly improve campaigns.