The chances are that you are reading this on your smart phone or tablet or perhaps you are taking a break from your phone to read this on your computer or even on that charming ‘dead tree product’ called a magazine. So much of how we live and shop has moved online. Large companies with massive marketing budgets now have teams of online experts figuring out how to reach their audience through the complex web of new media often in tandem with traditional media.
Now answer this question: When was the last time you interacted with your yellow pages? I don’t mean when you picked it up and walked it straight to your recycling bin, I mean when you last used it to find a local business. Thought so…me neither. There was a time quite recently when your Sunday paper had to be lowered buy winch onto your front porch…now, if you still get it all, it’s clearly been on a severe diet. We have been living through a massive realignment of media…print media has been vaporizing before our eyes.
What hasn’t changed anywhere near as much is the rest of our every-day issues. We still get tooth aches, leaks in our pipes, pest infestations and we get married. We still use dentists, plumbers, rat catchers and party rental stores. The massive real world operation which is the twenty million local businesses in the US still do business every day. What went away is the way those businesses use to get new clients.
It used to be that owning a home and sending your kids to college was the American Dream. Those have become much closer to the new normal for many Americans, now owning your own business has become for many a new part of that dream. The BIA Kelsey organization, experts in all things local, tells us that each year roughly half of all business done by local businesses is new business. Local businesses get that and are desperately trying to come to terms with a radically altered local advertising environment. It’s no longer good enough just to have a basic website, local businesses really need a social media plan, they may have to manage their online reputation, they may even tweet! The complex and rapidly changing world of online media is tough for a freshly minted MBA who went to school to learn this stuff – it’s simply impossible for the average local business to navigate.
Clearly this presents a problem to a large and growing segment of the US economy. Interestingly, a solution has emerged in recent years and Search Initiatives, Inc. is leading that revolution.
Most local businesses don’t value “clicks” to their websites, “likes,” “tweets,” or “reviews.” Most would much rather get a telephone call from a potential customer looking for a quote or to schedule a service. People certainly do research online but when it comes to get serious about the project at hand many shoppers would rather speak to the company involved. That makes the 100 year old telephone a critical part of the new media economy. Local businesses have figured out that rather than pay a marketing company, yellow pages or newspaper for websites or clicks they would rather pay for calls from potential customers. Those customers may well have come from ads seen on search engines, social media even banner ads…but that’s not the concern of the local business who only pays when the phone rings. Those businesses are more than happy to pay a premium for those calls. A dentist may pay $40 for a new customer a home security company may pay over $100 for a call from a potential client because they recognize at a profound level that the potential customer on the phone is a much better prospect than any other kind.
Interestingly, these local businesses are still being sold to by the same yellow page or news print reps but instead of just selling print they are being sold online visibility packages which typically include a website, social media management and most importantly a certain number of leads delivered by tracked telephone calls. This has driven a massive growth in the “Pay per Call” industry and Search Initiatives is leading that sea change.
Local businesses need to advertise, yet they are unable to navigate the complex world of new media effectively. There is a pent up demand in the form of the billions of dollars which have fled traditional print media and have not yet found a place in the new media world. What Search Initiatives does is use the complex and challenging tools presented by new media such as SEO, SEM, RTB, FBX, PPC and a dozen other acronyms which you will hopefully never have to come to terms with to drive new customers to local businesses via the paid phone lead. It’s a concept which any local business can understand and embrace. They only get changed if a potential new client is brought to them…if we can’t deliver we don’t get paid.
Search Initiatives has deep roots in new media and local business. We work with the people who sell to local business to deliver the calls they need. That means we have almost no cost to acquire a new customer. Our millions of advertisers are managed by our marketing partners. They provide all the customer support to our advertisers. That leaves us free to focus on what we do best; driving thousands of valuable leads to local businesses in massive volume.
This new version of local advertising uses the kaleidoscope of new media to drive customers to local locations Search Initiatives is ideally placed to be the one stop solution for all things local. It’s a multi-billion dollar opportunity which represents the last green field opportunity in new media and Search Initiatives is ideally placed to lead that revolution.