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Has your business suffered from the current economic downturn? A lot of local businesses have experienced a slowdown in the past year or two and it doesn't look like things will get any better anytime soon. The big question is: What am I going to do to about it? The answer: Local Internet Marketing. Local Internet marketing is a powerful advertising tool that most small business owners are not capitalizing on. A lot of local businesses I talk with think that having a website and being listed (buried) in the Yellow Pages phone book is enough in today's competitive landscape and are missing out on the huge ROI and business potential of local online marketing. One of the fastest growing segments of Local Search is Local Online Video Advertising. Here is a very interesting article on the growth of Yellow Pages Video Advertising that deserves some attention. Yellow Pages have sold over 20,000 video advertisements in 2008 so far. If you have any questions about search engine optimization and local marketing you can contact me at kszprychel@yahoo.com for a free consultation.
Borrell and Associates released a new report today about the future on Print Yellow Pages titled, “Say Goodbye to Yellow Pages.” with some interesting predictions regarding where revenue will migrate. According to the report, they estimates that the yellow pages industry will loose almost 40% of their annual revenue over the course of the next 5 years. Guess where the that revenue will go? Hint - Local Online Video ;-)
In addition, the report predicts that much of this revenue loss as well as market share will migrate to search engine marketing and local online video advertising. Of the 2, Borrell reports that local online video shows the most promise, with predictions that it will grow from a $1.4 Billion dollar category in 2008 to more than $7.6 Billion dollars in 2013, an increase of more than 500%.
Read The Rest Of This Local Online Video article from www.reelseo.com
Here is an actual video advertisement created by Smartpages found on the video distribution site Revver. If you're interested in making your own videos and getting it distributed on sites like Revver contact kszprychel@yahoo.com for a free consultation.
