Posts Tagged ‘ online diversification ’

Multiple Streams, Diversification and ROI

One of the things that I often hear as a guy who helps guide people in their online marketing efforts is: “Help me get to the top of the search engines. I am spending WAY TOO MUCH on Pay per Click or (insert marketing venture here).”

That always concerns me to some degree. I want to take what I believe to be basic economics principles, throw them out here, and let’s see whether you agree.

Principle 1:

This is when a given geo-targeted market will have MANY channels that make up its online niche traffic potential. For example, the Louisville real estate market is accessed by MANY marketing channels (TV, radio, natural search engine optimization, Pay per Click, BuyerLink, etc.

Principle 2:

This is when the most effective first step in marketing to a geo-targeted market is to gain dominance of and HOLD a particular marketing channel WITHIN that given market. (Example: someone does PPC and gains a consistent and dominant presence there.) It helps them brand and has SOLID Return on Investment. That return on investment (since it is positive) may be higher or lower than another marketing channel, but it is YOURS. Continue reading this post


Posted by: Eric Blackwell on October 18th, 2008 under Online Marketing


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