New SEM Study: Keyword Marketing Competition Is On The Rise
Tuesday, September 11th, 2007According to research conducted by William Blair and AdGooroo, the growth in total number of search engine marketers exceeds the growth of industry sales. In fact, the total number of advertisers has increased an estimated twenty percent between February and July 2007.
Blair partnered with AdGooroo to examine the search engine marketer trends that drive this twenty billion dollar market.
“We culled data from AdGooroo’s database of keyword advertising to glean insight into industry composition, industry growth, market share, seasonality and company-specific trends,” the report says. “In total, we believe the global marketplace comprises more than five-hundred thousand advertisers and that about ninety percent advertise with Google.”
Additionally, the study found that Project Panama, which serves fewer, more relevant ads with each search, is affecting Yahoo’s advertiser base. The system is helping Yahoo to attract a surge of new advertisers after the launch. However, the study found thatYahoo faced fallout due to the relevancy-based ranking, which hurt some advertisers and its efforts to clean up the advertiser base.