Why Internet Marketing is Right for Local Offline Businesses — Part 3 of 4
October 29, 2009 by admin
Filed under Marketing News, Search Engine Marketing
This is part 3 of a series. To read the first article, click here and read the second article here.
Local businesses need to market themselves and they spend a lot of money on offline marketing to do so. Sadly, these “offline-marketing-only” businesses have missed the boat and they are being eclipsed by their larger online competitors.
According to a recent study by online marketing firm Internet-Engine, offline businesses have not kept up with the shifting needs of their customers.
This excerpt, from the CEO of Internet-Engine, says it all: “On-line retailers have developed and maintained a dominant presence in search marketing… To put this in perspective, when a shopper does a search on the Internet, he or she will find three listings from on-line retailers for every one listing from a traditional retailer. I find it very surprising that brick and mortar retailers have not invested more dollars in search marketing, since e-commerce sales have grown 28% since 2006 (according to comScore) while total retail sales have grown by only 3% over the same time period.“
With more and more shoppers starting their shopping “process” online, it’s no wonder that they are turning to online stores who outnumber local stores by 3-to-1.
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