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Search Engine Marketing Continues to ThriveLeading provider of performance-based online marketing solutions comments on 2007 State of the Market Survey results July 17, 2008; 12:53 AM
New York, NY – July 16, 2008 – According to findings from a recent survey,
search engine marketing continues to exceed industry expectations, while traditional
marketing functions such as print advertising and direct mail are losing
ground. zanox, the global
market leader in performance-based multichannel commerce, has spent the past
eight years harnessing the power of search engine marketing on a global scale
since the company’s inception in 2000. By leveraging search publishers in the zanox network, which encompasses
more than one million sales partners in 200 countries, the company is able to
generate highly targeted sales on behalf of global advertisers.
“Search marketing continues to thrive because savvy marketers understand that search engines create greater awareness for their products and services more efficiently than newspapers, TV and radio combined,” said Christopher Dessi, Vice President of Ad Sales for zanox, North America. “We know that consumers spend the majority of their time online looking for product information, and an increasingly large portion are purchasing products via search engines.”
As reported in the 2007 State of the Market Survey, conducted by the Search Engine Marketing Professional Organization (SEMPO), revenue for SEM in North America increased 30 percent to $12.2 billion, up from $9.4 billion in 2006. Such growth comes as no surprise to many, especially as more and more consumers rely on search engines to conduct their pre-purchasing research. Even with the slipping U.S. economy, SEM spending in North America is now projected to grow to $25.2 billion in 2011, a significant increase from last year’s forecast of $18.6 billion.
“As we continue to see a shift in marketing budgets with dollars traditionally reserved for other functions such as print advertising and direct mail now being allocated to SEM and online media, it’s becoming more apparent that organizations of all sizes recognize the value of online marketing and it’s clear impact on the bottom line,” concluded Dessi.
Be sure to check out the zanox Web Services Contest at www.zanox.com/contest/, which will award One Million Euro (roughly 1.57 Million US Dollars) Venture Capital for the best business model based on the zanox Web services. Deadline for entry is September 30, 2008; open to registrants in the United States.
zanox US Media Contact: Cindy Young Email: cindy@connectedpr.eu Phone: 512.243.8198
zanox is the market leader for performance-based multichannel commerce and provides a global platform for efficiently marketing products and services on the Internet. zanox´online marketing services include affiliate marketing and search engine management as well as email marketing and customer loyalty programs.
www.zanox.com
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