Search Engine Strategies Toronto 2007 - Day 1 Highlights

The Search Engine Strategies Toronto conference was held in Toronto, Canada on June 12-13, 2007 at the Metro Toronto Convention Centre. As always, it was a tightly-run event that was jam-packed with valuable information.

Here are some of the highlights from sessions I attended on Day 1:

Session: The Canadian Search Landscape

• Canadians conducted 12 billion search engine queries in 2006.
• Canadians are now conducting an average of 1.4 billion search engine queries per month.
• 80% of Canadian search queries are for Website content, 18% for images, and the balance are for video content, which is growing fast
• Depending on whose numbers you want to believe, Google currently has approximately 75-80% of the Canadian search engine query share, with Yahoo! and Microsoft evenly split over the remaining 20-25%. Expect Microsoft's share to increase as they continue to invest heavily in search.
• MSN adCenter's a 'bargain' deal for Canadian paid search advertisers because it is still relatively new and there's less competition.
• Only a small percentage of advertisers are taking advantage of the Quebec search engine advertising market; lots of great opportunities to get cheap traffic this way.
• 50% of Canadian search queries are related to finding a product or service.
• 78% of Canadians will turn to search engines to research a product or service.
• Martin Byrne from Yahoo! Search Marketing made the interesting observation that companies who have top ranking organic search results convey a "perception of [brand] leadership."
• Canadian searchers are knowledge seekers not bargain hunters.
• Canadian searchers are engaged: they are very active, will look at more brands, explore more choices, and like to build and share their expertise.
• 82% of Canadian businesses with Websites engage in online advertising, but only 36% of them use search engine advertising or search engine optimization.
• When asked why they weren't using search engine advertising, the number one reason Canadian businesses cited was "too expensive" ... which, of course, is ridiculous.
• Search engine advertising in Canada is now as large as the entire online advertising market was in 2004.
• In general, Canada is a less competitive search engine advertising market, which means there is still a great opportunity for advertisers.

Session: Search User Behaviour

• Searching from the Web browser's toolbar has increased 57% in Canada over the last year.
• Toolbar makes searchers more loyal to a specific search engine, and more engaged with that search engine; they conduct more searches.
• When it comes to having an impact on an online purchase, running search engine advertising alone can have a 20% lift, running online display advertising alone can have a 20% lift, but combining the two can have an 83% lift!
• Google image search is starting to get a significant amount of Canadian search traffic: 2% per month and growing.
• On average, a typical Canadian Website can expect to generate about 80-85% of its search traffic from organic listings versus 15-20% from search engine advertising.
• 1 in 4 searches are triggered by offline advertising. Television and print advertising aren't dead yet!
• Mainstream search engines (i.e., Google, Yahoo!, MSN) are the number one choice for B2B product or service research.
• Of those B2B researchers who want to go directly to a potential vendor's Website, 27% of them will still use a search engine to find that Website.

Stay tuned for highlights from Day 2...

Comments

[Terra Andersen]

Looks like us Americans should really start focusing on the Canadian market! I think we tend to forget that a lot of the time, but as we will soon learn.. it is not a market to be ignored!