Can Search Build Brands?
by Chris Copeland ~ April 14th, 2009This post was written by Chris Copeland, CEO, GroupM Search – The Americas, and published in MediaPost’s Search Insider, Friday, April 10, 2009
Earlier this week, eMarketer published its most recent view on the U.S. advertising space and the spending trends within it. The company noted the point gains being made year over year for digital marketing and explained the impact in its intro as such:
“Digital marketing offers compelling benefits, especially for cash-conscious companies in a recession, because marketers can more readily measure the results of Internet advertising than with most traditional media. This produces more-efficient advertising and higher ROI, which in turn pushes traditional media to compete with lower pricing.”
So, advertisers are gravitating to more measurable forms of marketing and also looking to channels that produce higher ROI. Makes sense, but when you look at some recent findings from SEMPO’s annual search survey, you start to see a disconnect.
In their ‘08 study, SEMPO asked both advertisers and agencies what metrics they track and the findings were interesting. In the case of brand impact, the agencies surveyed said – by a wide margin (20%+) - that they measured this more so than the direct advertisers. If marketers are moving dollars online because ROI is better, then why are their agencies worried so much about brand?
It leads to the obvious question. Can search build brands?
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