Brandrepublic.com has reported that Google’s profits in the 2nd quarter of this year (2010) are $1.84bn, up $0.36bn from this time last year due to more intergated campaigns across search, display and mobile were undertaked by advertisers. Google total revenue for the same quarter is $6.82bn and the UK contributed 11% of this revenue into the pot. Click here to see the full brandrepublic.com report.
This vast profit shows the important businesses place on online marketing, especially the Google Adwords pay per click program. As people use the internet more and more in their everyday life’s Google’s dominance will continue in this arena.
Every type of business, large or small, needs to allocate marketing spend to target prospects using online marketing methods. If not, they will be left out in the cold and MagnifyB have no doubt that their business will suffer in the long run.
If your business does not currently have an online presence or you do not undertake any form of online marketing then contact us to see how we can help. You don’t need a large budget to market your products or services online but you do need to see the internet and getting your business online as an investment in your future trading.