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Posted By WebAdvantage.net on May 30th, 2005

Fortune Small BusinessWeb Ad.vantage’s Hollis Thomases was quoted in the Fortune Small Business Magazine article “Words That Sell”. This article reviews paid search and how small businesses are using it to boost sales and revenue.

Article excerpt:

Custom Golf Clubs will cost you a mere $1.57. For an “injury lawyer,” you’ll need to shell out quite a bit more: $19. But a “pet monkey” can be yours for the fire-sale price of just 13 cents.

What are we talking about here? Those are the recent top bids per click for those particular Yahoo paid-search terms. In other words, if you type “custom golf clubs” into Yahoo’s search engine, the outfit behind the $1.57 winning bid (as I write this, it’s GolfClubsAndMore.com) will show up first in Yahoo’s sponsored results–right at the top of the page. (Other search engines, such as Google and Ask Jeeves, offer similar sponsored listings.) Should you then click on this entry and visit the website, the people at GolfClubsAndMore.com will pay Yahoo exactly $1.57 for your eyeballs. They’re hoping you buy a new titanium driver and make it worth their while.

Pay-per-click search-engine advertising–also known as “keyword bidding”–was an exotic fad just a few years ago. It’s now growing in sophistication and popularity, particularly among small businesses. According to eMarketer.com, search advertising made up about 40% of last year’s $9.6 billion online ad market in the U.S., up from 35% in 2003. It is expected to reach 42% this year. “Paid search is especially important for small businesses,” says online marketing consultant Hollis Thomases, president of WebAdvantage.net. “It helps level the playing field.”

Read full online article on FSB Website.

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