15 Stats That Prove Google Adwords Is A Great Investment For Your Business
Not sure Google AdWords is a good investment for your business?
Then consider the 15 stats below, which I organized around frequently-asked questions (FAQs) that I hear from business owners.
First things first, if you’re considering search engine advertising, then you need to answer this FAQ…
Then consider the 15 stats below, which I organized around frequently-asked questions (FAQs) that I hear from business owners.
First things first, if you’re considering search engine advertising, then you need to answer this FAQ…
Are My Customers Really Using Search Engines To Make Buying Decisions?
Let’s take a look at some key stats:-
86% of consumers use the Internet to find a local business (WebVisible survey)
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72% of consumers prefer to find information on local merchants via search. (WebVisible survey)
- 29% of consumers search for local businesses at least every week (BrightLocal survey)
Why Use Google AdWords Versus Bing or Yahoo?
I’ll let the stats speak for themselves here:-
Google owns 71% of the search market share. (Netmarketshare.com).
This stat alone answers the question, but we won’t stop at just
search. Here are some stats about Google’s Display network…
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Google owns the world’s largest online display advertising network. (comScore)
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Google display campaigns reach 80% of global internet users. (Google Benchmarks and Insights)
- Consumers exposed to display ads are, on average, 155% more likely to search for brand- and segment-specific terms. (Specific Media)
- About 97% of Google’s total revenues come from advertising. (Google Investor Relations)
Now, if you’re familiar with search engine optimization, then you’re probably asking this next question…
Why Not Just Invest in SEO?
Unfortunately it’s not quite that simple, as the following stats highlight:-
89% of the traffic generated by search ads is not replaced by organic clicks when ads are paused. (Google Research)
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For high commercial intent search queries, the top three ad spots take about 40% of the clicks on the page. (The War on Free Clicks)
- 98% of searchers choose a business that is on page 1 of the results they get. (BrightLocal). This emphasizes the importance of ranking on the first page of Google. If you’re investing in SEO (which I highly recommend for many of the same reasons listed here), then advertising is yet another way to get your business on the first page to ensure you in front of 98% of your audience.
Do Google AdWords Campaigns Really Work?
When set up and managed correctly, then businesses can see strong return on investment from Google AdWords, as indicated by the following stats:-
Businesses make an average of $2 in revenue for every $1 they spend on AdWords. (Google Economic Impact Report)
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72% of AdWords marketers plan to increase their PPC budgets (Search Engine Watch).
This is a strong indication that those businesses were generating
positive ROI, because if they were not, then they wouldn’t increase
their budgets.
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70% of mobile searchers call a business directly from Google Search. (Expandedramblings.com)
- 70% of mobile searches result in action being taken within an hour. (Mediative Labs)