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February 28, 2005
How People Search (Search Engine Strategies, New York)
Posted by Adam Viener
I attended a session today about Search Behavior where Inquiro, and Peformics presented their latest studies on how people are using the search engines and their affect on site traffic and customer buying behavior. (Keynote also presented a study, but I found very little of it to be relevant). Here are some of the very interesting takeaways:
Inquiros Study
Performics Study
- Performics study took a look at 30 e-commerce sites and then looked at cScoreData for people who purchased from those sites and relevant keyword searches they had done leading up to the initial purchase. They found that 50% of all buyers made a relevant search before their online purchase.
- There was an average of 4-5 searches prior to purchases.
- Their research showed that most searches started off as searches on generic terms, and most buyers never searched on a brand term.
- When buyers who searched on branded terms tended to search on these terms later in the purchase cycle, just prior to making an online purchase, which may be why some ROI tools show branded terms converting at higher rates than generic terms. A special note, that many of these buyers were introduced and pre-sold on a specific brand from the prior generic searches they had performed.
- 55% of buyers did their last relevant search more than 2 weeks before the purchase.
This was a very interesting session, and I had a few takeaways from this that I think are extremely relevant to companies doing paid search and search engine affiliate marketers:
- For companies paying for their own search campaigns, it is important to take a full view of your ROI. If you are only looking at short term click conversions that you may be quickly out spent by competitors who are able to see long term click trends and conversions and offline buying behavior driven from search.
- Affiliate marketers should review the cookie periods that their merchants are providing. Anything less than 30 days means that you are probably directly driving sales that you should be getting credit for.
- Affiliate marketers may also want to stay away from companies that are only willing to let you bid on generic terms, because these generic terms may be driving a significant number of pre-sales behavior that is then turning into branded searches just prior to the customer making the online purchase. If the merchant is reserving these high conversion ads only for themselves, and overwriting affiliate cookies when customers click on their own paid search terms, then they may be taking credit for the sales you are playing a large role in generating for them.
- Finally, with the relationship between generic searches early and branded searches later in the process, are your ROI tracking tools only looking at the last click, or can they show the full cycle of clicks?
Its all rather thought provoking and is worth thinking about and spurring further discussions.
Adam
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