Here’s What’s Different About Being Small
Last week’s Small is Beautiful column asked, “What’s So Different About Being Small?” The answer? Time. Money. Knowledge. Those are the three biggest challenges a small business must overcome to achieve search marketing success, and the three things that make small business search marketing unique. Many small businesses have one or two of those, but […]
The answer? Time. Money. Knowledge.
Those are the three biggest challenges a small business must overcome to achieve search marketing success, and the three things that make small business search marketing unique. Many small businesses have one or two of those, but not the third. And some small businesses don’t have any of the three, making their road to search success even harder to travel.
Here’s a quick look at each challenge in more detail:
Time. As any search marketer can tell you, there are no short cuts to success, no quick fixes when it comes to a broken web site or unsuccessful search marketing campaign. SEO is a process that demands time, and that’s often in short supply at small businesses. According to the MasterCard Global Small Business Survey 2006, small business owners worldwide work an average of 54 hours a week. That’s 11 hours a day for a 5-day workweek. So, for every small business owner that dared to only put in a 40-hour week, someone else was on the clock for 68 hours. For many, trying to run a business and execute a search marketing campaign is easier said than done.
Money. According to the same MasterCard survey, only half of small businesses owners worldwide are confident they’ll meet their financial goals in 2007. The U.S. Small Business Administration cites a 2005 study that says only 44% of new small businesses will survive four years. The National Federation of Independent Business cited the financial impact on small businesses when it opposed the recently approved minimum wage hike in the U.S. Money is obviously a Big Issue for small businesses. $50,000+ SEO campaigns and 6-figure PPC budgets just aren’t realistic for many small businesses. When you’re small, the challenge is how to get more bang from less budget.
Knowledge. I shared an anecdote in last week’s column about David Wallace finding only 2 of 20 small business owners he spoke to doing search marketing. The other 18? Not doing it, or completely unaware of search marketing altogether. In the comments of last week’s column, Miriam Ellis of Solas Web Design underscored the challenge for a webdev/marketing shop working with small businesses:
“…most of the clients who approach us for web work have never even heard of SEO. We’ve even had prospective clients act as though we must be pulling their legs in terms of what people do to get those top rankings, traffic and sales.”
So, what’s a small business owner to do with little time, money, or knowledge? And what’s a search marketer to do when small businesses make up the lion’s share of your clientele?
In future columns we’ll get into the hands-on aspects of how to do the best you can to overcome the problems of limited time, money, and/or knowledge. We’ll talk about SEO and SEM basics, as well as some creative ideas that don’t involve Google, Yahoo!, and the main search engines.
For now, here’s a Big Picture positive spin on what’s different about being small when it comes to search marketing.
- Small businesses can move more quickly than larger companies. Recommendations get implemented sooner, not later. Decisions and adjustments are made more quickly because small businesses don’t have several layers of management that have to review and approve new ideas or changes to existing plans.
- Small businesses can take more chances than larger companies. It’s easier to try new things and test new ideas when the media isn’t watching your every move, and when you’re not investing huge sums of money in a marketing campaign.
Being small isn’t easy, but if you use size to your advantage, it can be successful.
As always, thoughts and ideas for future columns are encouraged via e-mail to [email protected]
Matt McGee is the SEO Manager for Marchex, Inc., a search and media company offering search marketing services through its TrafficLeader subsidiary. Matt writes about small business search marketing at Small Business SEM. The Small Is Beautiful column appears on Wednesdays at Search Engine Land.