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Search market booming

Report finds that 63 per cent of firms are planning to increase their budget for paid search in the next 12 months

Phil Muncaster, IT Week 18 Apr 2008
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The market for paid and natural search received a boost this week when it was revealed that nearly two-thirds of firms are set to increase their budgets in these areas this year.

The UK Search Engine Marketing Report 2008, from e-commerce consultancy E-consultancy and search agency Neutralize, found that 63 per cent of companies are planning to increase their budget for paid search in the next 12 months, while 61 per cent will be investing more in search engine optimisation (SEO) over the same period.

Google once again came out as the dominant force in the paid search sphere, with 86 per cent of search advertisers using the internet giant's platform. Eighty nine per cent of respondents said they rated Google as the best for return on investment and for quality of traffic.

“As separate entities, Yahoo and Microsoft are struggling to make significant inroads into Google’s seemingly impregnable position," said E-consultancy's head of research, Linus Gregoriadis. "It will be fascinating to see what happens if and when Microsoft and Yahoo merge."

See also:

someone using a mouseAll businesses could learn something about search engine positioning, says event organiser  07 Nov 2007
Google has added the ability to search the skies with the latest update to its Earth tool  22 Aug 2007
ChannelAdvisor launches products to help firms' paid search and shopping comparison strategies  16 Aug 2007
Yahoo home pageNew search advertising platform goes live  30 May 2007
At its Insight Europe user event in Berlin, the BI vendor announces acquisition and gives a preview of its new Information OnDemand offering   24 May 2007
At the Internet World show in London, experts discussed the Web 2.0 technologies that can help e-commerce  01 May 2007

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