Let me preface this report by citing advertisers in 2004 have spent 4 Billion dollars on search engine marketing according to (SEMPO) Search Engine Marketing Professional Organization.
Website marketers cited Search engine positioning was top method to drive traffic to their sites (66%), followed by email marketing (54%). Source: Direct Marketing Association. Accordingly, most cost effective way to market your web site online is to obtain several top 10-search engine rankings in major search engines for your keywords.
According to a recent Jupiter Research Survey, searching on search engines is one of main uses of Internet among 79% of users. Source: September 2002 Jupiter Research Survey. So that being case, whatever your promoting you’ll want to make sure it can be found on first page of search engines results page.
The reason is numerically simple. An Iprospect Survey in 2002 reported that 78% of web users abandon their search if first 3 pages don't provide an answer to their question, and 28% don’t scroll past 2nd page of results. Source: Media Post article reporting results of Spring 2002 IProspect survey.
Combine those facts with Internets explosive growth rate of 1.8 Million people worldwide going online every week for very first time, Source: Official Guide To Internet Promotion and you can soon appreciate what a top 10 ranking can mean to you. Google receives approximately 39.4% of all search engine traffic. Yahoo receives approximately 30.4%. They’re simply largest search engines being utilized online today.
Bringing up rear is MSN at 29.6%, and AOL 15.5% then Ask Jeeves with 8.5%. Source: Nielsen//NetRatings January 2004
How much traffic is that? Well, Google and its partner sites were reporting a whopping 250 million searches a day in February 2003.
Overture and its partners were reporting over 167 million searches per day. Inktomi reported 80 million followed by LookSmart with 45 million per day.
FindWhat reported 33 million while Ask Jeeves reported 20 million, Alta Vista reported 18 million and finally Fast reported 12 Million searches per day. Source: Searchenginewatch.com 2004. With all said, you can easily see how your search engine rankings are directly proportional to traffic your web site receives, and your site traffic is directly related to your potential to profit online.
Oh, and in case your wondering how much money is spent online; a recent Forrester Research Report indicated that online spending reached $95,700,000,000 million in 2003! That's a cool 95.7 billion dollars. Projected online spending is estimated to grow to $229 billion in 2008! A whopping 139% increase in online spending! Source: Forrester Research