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If your company hasn’t felt the pinch of a slowing economy yet, you are one of the lucky few.  However for many businesses, the onset of a recession has led businesses looking for more cost effective ways of getting their message to their target market without breaking the bank. 

Businesses are side-stepping this recession by bringing their products and services online, where the cost of maintaining a website is only a fraction of what other mediums charge.  But having a website is only half the battle. If you do not market online or do so in a limited capacity, you should consider reexamining your integrated marketing campaign to include allocations for search engine marketing.  Ideally this would include both search engine advertising and search engine optimization. 

Let’s first consider search engine advertising.  According to IDC analysts (www.idc.com), online advertising grew 27 percent in 2007 and is unlikely to be affected by a continuing downturn in the economy.  What’s even more encouraging is the number of adverting dollars spent during the fourth quarter of 2007 which topped “$7.3 billion for the fourth quarter of 2007, about 28 percent more than the same period in 2006….” IDC findings continued.   Given these overwhelming statistics, it becomes apparently clear that online advertising is growing despite a recession.  The reason for this is simple.  It gets results! 

Let’s turn our attention to search engine optimization.  The good news is that if you have a website, you already have one key component.  The bad news is that it’s unlikely “search engine optimized” unless you or somebody else properly optimized the website for search engines.

Thankfully, there are numerous resources and companies that have considerable experience in this growing field.  However, buyers should be aware that not all search engine marketing firms or individuals are the same.  In fact, search engine giant Google warns against hiring a “search engine optimizer” that uses unethical practices to manipulate search results and, in addition, has a search engine advertising certification process.

The process of search engine marketing can vary greatly depending on the skill of the agency or individual.  For example, properly search engine optimizing a website will involve researching the right keywords to integrate into the website along with a strong linking campaign that will favorably increase the likelihood of being found for those keywords. 

In short, every business should have a search engine marketing plan.  Ideally, the search engine marketing plan should encompass the company’s business model, objectives, and return on investment goals. This will lay the foundation for how much visitor traffic and search engine optimization is required to meet the above goals.  One last point to keep in mind is that the internet is a dynamically changing landscape that never sleeps.  Search engines are constantly innovating and competitors are hungry.  What might be working today may not be working tomorrow.  Have a solid search engine marketing plan backed by a qualified agency or individual to manage the plan and your business will reap the benefits at your competitor’s expense.