How To Measure Search Engine
Marketing ROI
Copyright © 2005 Charles Preston
Click Response
http://www.clickresponse.net/
Mortgage Broker According to the Search Engine Marketing Professional
Organization (SEMPO), advertisers spent $4 billion in 2004
on
search marketing programs and are expected to spend 39% more
than
that this year.
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Mortgage Lead Search engine marketing appears to be a great way to
advertise
but is it right for you and your business? If you are not
already
employing search engine marketing(SEM) for you business is
there
a way to forecast the return should you decide to invest in
it?
Is there a way to measure the results you are getting if you
have
already invested in SEM?
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Reverse Mortgage The answer is mostly yes. By utilizing data discovered in
recently released research surveys and with the help of a
few
free online tools you can put begin to take some of the
guesswork
out of search engine marketing ROI.
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Mortgage Quote By using Overture's free keyword suggestion tool
(inventory.overture.com) you can get an idea of how many times
a
keyword is getting searched each month. Another free tool to
use
is called Good Keywords and can be downloaded from
www.goodkeywords.com.
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Florida Mortgage Let's say for instance that you are a mortgage broker in
the
Denver Colorado area and you are interested in getting more
leads
for your business. You have a website and are considering
search
engine marketing to bring in some new leads. You get a quote
from
a search engine marketing provider who can guarantee
top 10
positions among the major search engines for 6 months for
your
keywords for $1,500.00.
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California Mortgage Loan The question now becomes is it worth it to you to spend
the
$1,500.00. To figure this out we need to look at some numbers.
Florida Mortgage Loan Berrier & Associates estimate that 65% of all traffic
generated
by a search in a search engine will go to the sites listed
within
the first 10 results (first page) returned for that search.
By
using Overture's keyword suggestion tool you discover that
the
term "Denver mortgage broker" gets approximately 540 searches
a
month.
California Mortgage Using this criteria a first page position for "Denver
mortgage
broker" would bring you approximately 65% of 540 searches a
month
= 350 visitors to your site each month. Having a compelling
title
tag in your website's pages might even boost this visitor
number
since the title tag is what appears as the clickable link in
the
search results.
Bad Credit Loan Mortgage The formula we just used would then be applied to all the
other
keywords you are targeting such as "mortgage Denver" which
gets
approximately 2,600 searches a month or "mortgage company
Denver"
with 466 searches a month. A first page placement for any of
those would yield similar results.
Commercial Mortgage So let's say we just use the "Denver mortgage broker" key
phrase
as our example with its estimated 350 visitors a month for a
first page position. You would now need to know what your
website
conversion rate is. The website conversion rate is the ratio
of
leads or sales you get per visitor amount. The average
website
conversion rate is about 1-2% or 1-2 leads or sales for every
100
visitors according to Shop.org.
Lowest Mortgage Rate If your website conversion rate is average then you would
expect
on average 2-3 good leads from your site each month for that
one
first page listing. Then depending on your sales conversion
rate
which is the number of sales per leads you get on average
multiplied by your average sale price you can begin to
calculate
what your return might be.
Gmac Mortgage So let's say as a mortgage broker you make roughly $2k on
each
deal you broker and your sales conversion rate is 1 sale for
every 3 quality leads. In any given month then you could
estimate
1 sale at $2k out of the 3 quality leads generated from your
website which came as a result of the 350 visitors you got
from
being on the first page of Google, Yahoo or MSN for the term
"Denver mortgage broker".
Mortgage Payment You paid the search engine marketing company $1,500.00
dollars
for 6 months of first page listings. From one of those first
page
listings you stand to gain $2k x 6 months = $12,000.00. That
sounds like a really good return for
money invested.
Mortgage Marketing In closing the methodology outlined in this article to
calculate
search engine marketing ROI is by no means 100% accurate due
to
several factors but it is a good way to get a "feel" for what
you
might get back for your marketing dollars. Its also a way to
get
business owners to start thinking about how to better track
their
e-business.
Reverse Mortgage For Senior
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Charles Preston is an Austin based SEO with over 7 years of
industry experience. Charles is also the President of Click
Response an internet marketing company focused on teaching
small
businesses how to get the most out of their internet
marketing.
For a free consultation or more information please visit
http://www.clickresponse.net
Mortgage Interest Rate Charles Preston is an Austin based SEO with over 7 years
of
industry experience. Charles is also the President of Click
Response an internet marketing company focused on teaching
small
businesses how to get the most out of their internet
marketing.
For a free consultation or more information please visit
http://www.clickresponse.net
Contact him at http://thePhantomWriters.comhttp://www.clickresponse.net
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