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Beyond Google: The truth about growing a business online

September 30, 2010 by Basil Puglisi Leave a Comment

In the Internet marketing arms race, companies are coming up short on google… here is why.

  • Google Only (100% effective) = 71% Market Opportunity
  • Mixed Search Engines Practices (80% effective) = 76% Market Opportunity

Google, Bing and Yahoo are the largest search engines in the United States, after that no one really comes close. In fact, small and inexperienced advertising and marketing companies would have you believe that google has such an advantage it is the only way to go. In fact, SEO companies promise you first page listings on google as the way to grow and build your Internet exposure, however, the math doesn’t add up.
Case Study:

  • Google is responsible for *71.79% of search traffic.
  • Yahoo & Bing are responsible for  *23.93% of search traffic.

        *Source: http://www.hitwise.com/us/datacenter/main/dashboard-10133.html
Traditional SEO and Internet Marketing Companies push just google, and on occasion some have started to push Facebook ads. Now let’s review the two major flaws in their logic.

  1. First page on Google is a clear way to success – False, Just because you’re the first place they stop doesn’t convert it into a lead or sale, what are you selling? How does the website sell it? Where is the call to action, user friendly environment?
  2. Google is the best way to generate leads from Search Engines – False, Yahoo & AOL communities are the oldest form of Social Media.  As such, they have an amazing and loyal following. In fact, a Yahoo user is far more likely to make a purchase from findings on Yahoo then they are on google.
  3. Google, Yahoo & Bing are the three major search engines – False, Google may own You Tube, but it doesn’t mean that Google and You Tube are in sync with search results. In fact, You Tube is the second largest search engine in the United States. So if you’re not leveraging Video content, you just missed an entire market. If your product has overseas opportunities, then you better learn about other search engines like Yandex (a Russian search engine).
  4. Statistically Google is a better source for SEO or SEPR success – False, Compare two strategies – Google vs. Mixed approach. Others say tailoring to anyone but google results in a lower google score or rank, so why do it?

A look at the real statistics:
If you are 100% effective with Google then you can capture about 71% of the market, but if you are conservative and only 80% effective across the three search engines then you can capture 76% of the market. If you did well and can become 90% effective across all three Search Engines, then you walk away with the opportunity to capture up to 87% of the market.
If you go one step further to realize that Yahoo attracts higher conversion rates, then the scales really start to tip. Now add some video content distributed throughout the web (i.e. You Tube) and now you starting to achieve real market visibility.
Google is an amazing company and an even better visibility tool, providing resources, information and solutions to the largest population searching the internet. That said, you know not to put all your investments in one place in any aspect of life, why would you do the same with your Internet visibility?

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