Warning message

You must login or register to view this form.

Prioritise Search to Boost Marketing ROI

White Paper

Do you recognise the full value of search - as an amplifier of other media channels, a brand awareness tool and a conversion tool?

In August 2016, Microsoft and Catalyst commissioned Forrester Consulting to evaluate companies’ marketing mixes in the digital age and, in particular, the role of search in the digital media mix. Forrester conducted online surveys of 300 US-based marketing agencies and B2C advertisers, and compared this with Forrester’s Consumer Technographics data. The findings show customer adoption and perceptions of various channels that they use throughout their buyer journey.

The study found that as the top channel for customer engagement, search provides marketers with critical intent data, which traditional media cannot. By strategically integrating search with other channels, you can create a programme that is more than the sum of its parts.

See what the study found with Prioritise Search to Maximise ROI of Marketing white paper. It can help you discover how search fits into the modern marketer's toolkit. Look through the white paper to learn more about:

  • How search marketing dominates customer acquisition
  • What struggles marketers have with advancing their search programmes
  • How search can be used in tandem with other channels for better value
  • What tips will help you get more from your search campaigns

To see more search marketing insights, trends and tips, view or download Prioritise Search to Maximise ROI of Marketing white paper.

Get the download

Below is an excerpt of "Prioritise Search to Boost Marketing ROI". To get your free download, and unlimited access to the whole of bizibl.com, simply log in or join free.


Executive Summary

Comparing the true performance of digital channels against traditional media is no easy task, and as a result many marketers are hesitant to shift their acquisition budgets to digital channels at the same rate that their customers are adopting them. Channels at the forefront of customer acquisition - such as paid search - are synergistic amplifiers of other media channels, but often do not receive investment levels commensurate with their potential value. This can be a missed opportunity for many marketers looking to optimise their marketing strategies.

In August 2016, Microsoft and Catalyst commissioned Forrester Consulting to evaluate companies’ marketing mixes in the digital age, and in particular, the role of search in the digital media mix. To further explore this trend, Forrester developed a hypothesis that leading marketers leverage best-in-class paid search and search engine optimisation (SEO) in order to amplify discovery across all platforms, media, and outlets that consumers use.

Many marketers are hesitant to shift their budgets to new channels at the same rate their customers are adopting them.

Forrester conducted online surveys of 300 US-based marketing agencies and B2C advertisers, and compared this with Forrester’s Consumer Technographics data which shows customer adoption and perceptions of various channels that they use throughout their buyer journey. Our study found that while search is an influential channel for consumers, there are laggard marketers who have not recognised its full value. When utilised well, search can be a key amplifier of other media channels, a brand-awareness tool and a conversion tool. As the top channel for customer engagement, it provides marketers with critical intent data, which traditional media cannot.

Key Findings

Forrester’s study yielded 3 key findings:

  • Search is the primary source for customers to find information.Most of your customers find new information and websites through search engines.i And search can also be more influential than offline media: 19% of consumers identified search as the most influential channel when researching their most recent purchase versus only 7% who said the same for any form of offline media.
  • Advertisers perceive better performance over traditional media. Marketers that have ramped up their search programs with innovative tools and tactics rank the ROI of search above all other media except organic social. Marketers report that their customers find them using search more than any other channel.
  • Search delivers the greatest value when used in tandem with other channels. Forrester’s data shows that search is better than traditional media at boosting the performance of other media channels, among other key benefits. Due to its widespread use among consumers, search is a critical piece of the modern marketer’s toolkit.

    By strategically integrating search with other channels, you can create a program that is more than the sum of its parts.

    Search Marketing Dominates Customer Acquisition

    Forrester expects the global online population to grow from 3.4 billion users in 2016 to 4.2 billion in 2019 . The prevalence of digital consumption among consumers is driving marketers across industries and geographies to invest in digital channels. But the increase in media options has challenged marketers to determine which digital channels to invest in to deliver value and drive revenue. The answer for the majority of marketers is search. Our study found that search marketing is:

    • The primary source for customers to research brands, products, and services.Marketer’s investment in digital - and search in particular - is not unwarranted. In fact, Forrester’s Consumer Technographics data shows that as of 2015, 49% of US consumers report that they typically use search engines to research brands, products and services that they are considering buying – which topped our list of choices
    • Highly influential in customer purchase decisions. Our Consumer Technographics data shows that search engines are the second-most used source of information to help influence purchase decisions behind only personal recommendations from friends and family. Additionally, 19% of respondents identified search engines as the most influential source in driving their purchase decisions – at almost three times the rate of combined offline media, including TV, radio, and newspaper ads.
    • A key driver of marketing RO.
    • We asked respondents about their perceptions of ROI of various marketing channels. Those that are invested in search in 2016 rate search as having extremely high ROI, roughly tied for the top spot with social media. In fact, 74% of these respondents rated the ROI of search as “good” or “excellent,” versus only 1% that rated the ROI as “poor”. The intensifying competition among search engines is driving innovation in the space, which will continue to increase the ways in which brands can engage with searchers and further increase the value of their investments.

    But Marketers Struggle With Advancing Their Search Programs

    Search marketing was one of the first digital marketing tools in a direct response advertiser’s repertoire. Today, direct response advertisers who have invested heavily in paid search for years are beginning to see diminishing returns.. At the same time, traditionally laggard industries in search marketing, like B2B and CPG, are beginning to ramp up spend in search. Regardless of industry, search marketers need to continue to innovate and invest in their search programs to drive sales and brand awareness. Our study found that marketers are struggling to do that:

    • Marketers have trouble evaluating channels against each other.Competing business demands force marketers to rely on hard attribution data to develop and support their cross-channel investment strategies. Unfortunately, their attribution models today do not necessarily paint an accurate reflection of the consumer engagement with cross-channel touchpoints, which inhibits them from moving budget fluidly from channel to channel. Our study found that 52% of marketers cite cross-media attribution as one of their top three challenges in budget allocation, and 53% cite a lack of data to inform their strategies.
    • Many innovative applications of search have low adoption. Another key contributor to the perception of low ROI for search among some marketers is that they aren’t using modern tactics - possibly because they aren’t aware of them. Providing accurate site descriptions and optimising keywords in search engines are still best practices for search optimisation, but are just table stakesvi . Advanced marketing organiswations are going well beyond basic keyword search functionality, incorporating tactics such as guided search, sitelink extensions, schema markups, local inventory ads and optimising for voice search. Our study found that such advanced search tactics have relatively low adoption, which indicates a large opportunity for most marketers to take their search programs to the next level.
    • Use Search In Tandem With Other Channels For Greatest Value

      Despite attribution woes, marketers and consumers alike recognise that search is a top channel both in terms of usage and influence.

      Search is a powerful standalone channel, and is even more effective when used as an overlay channel that amplifies the message of other channels and helps consumers along the decision journey towards action/conversion.

      Savvy marketers use search as an information source for other channels as it provides deep insights into consumers, and also integrate search into other digital channels such as social networks, website functionality, mobile apps and connected storefronts. Our study found that:

      • Marketers should prioritise search because their customers do. Ultimately, marketers’ primary goal is to be present in the places that consumers want to find them. This means investing in an integrated mix of channels designed to create brand awareness and facilitate positive experiences with customers. Our study asked US marketing agencies and B2C advertisers what channels their customers most frequently use to find information about their companies, and found that they believe search is the most frequently used channel. Paired with the fact that consumers identify search as the second-most influential channel behind personal recommendations, it is logical that marketers would invest in search as a top priority.
      • Marketers believe search activities are more connected to the performance of other channels. Digital advertising and video-on-demand capabilities challenge traditional TV budgets as advertisers take advantage of digital ads' precision targeting, scheduling flexibility, and programmatic buying's efficiency. As a result, Forrester projects that while traditional advertising will grow at a paltry 1% annually, digital display will grow at almost 14%. Marketers looking to optimise their media spends should shift dollars to channels that are more likely to amplify their other channels – and this is where search really shines. Our study found that compared to TV, marketers believe that search is more likely to boost the performance of their investments in other media channels, is more integrated into their marketing programs, and helps to better connect with customers throughout the customer lifecycle.
      • Key Recommendations

        With all of the rich customer data generated by digital channels, marketers should no longer be arbitrarily increasing their media budgets year over year. To increase acquisition and enable discovery, marketers must align their budgets with the channels that are most impactful – and search will inevitably play a critical role. In order to take your search program to the next level, consider the following steps:

        • Find search a more prominent seat at the planning table. Industry research consistently supports the value of search from a consumer and ROI perspective. Therefore, it is critical that brands properly fund their search campaigns. Whether the campaign goal is consumer discovery, amplification of other media efforts, or direct response, a well-managed and well-funded search program can drive positive business results. If search is not providing the desired returns for your brand, you should re-evaluate your search efforts as well as the attribution model or analytics platform used for measurement.
        • Determine how your customers find information.Start by doing some customer journey mapping to understand if your customers actively find you through search engines. Website analytics and search engine - side analytics (Bing Webmaster Tools and Google Search Console) can provide traffic and query data to help identify how consumers are finding your website. Make sure that you’re uncovering any blind spots in your analytics data by comparing against external sources – industry statistics such as Forrester’s Consumer Technographics data, and technologies related to customer segmentation can assist.
        • Phase in advanced search tactics.Consumers are often using more than one device at once, and usually consult more than one channel over the course of their purchase journey. There is a lot of opportunity for marketers to better integrate search with other channels. 44% of US online adults use Internet-connected devices at least half the time they're watching video on a TV screen. Aligning and integrating search initiatives with TV and other media can help maximise all media investments. Advanced tactics such as scripting, click-to-call ads, and mobile amplification can add a direct response layer to offline media. Marketers should target these types of intersections between paid search campaigns and other channels to enable deeper engagement with customers during their moments of discovery and research.

Want more like this?

Want more like this?

Insight delivered to your inbox weekly.

Keep up to date with our free email. Hand picked whitepapers and posts from our blog, as well as exclusive videos and webinar invitations keep our subscribers one step ahead.

side imagesplash