While Google still is the dominating search engine, local search is growing by leaps and bounds. 40% of all searches have a local intent – that is a number all businesse should sit up an notice!

Americans conducted 15.4 billion searches in March, with Google Sites accounting for 65.1% search market share, followed by Yahoo Sites at 16.9%, and Microsoft Sites at 11.7%. The Ask Network captured 3.8% of the search market, followed by AOL with 2.5%.

So where does this leave Local Search? As a searcher’s location becomes a standard bit of metadata to be factored into the PPC bid process, geotargeting is likely to become the norm. On the other end of the geotargeting search equation, we see that landing pages are somewhat neglected. Survey results showed that few marketers were taking advantage of geolocation-specific messaging once the searcher clicked through. For retailers, in particular, this is a huge missed opportunity.

Social sites can also help marketers find consumers that purchase wine, clothing and cars. “People who have expressed intent are accessible here,” he says.

Video also presents another opportunity. More than 174 million U.S. Internet users watched online video in February, according to comScore Video Metrix. Video viewers on Hulu watched content on average 2.4 hours per viewer.

As you all know, we are fans of local search – we’ve written about it, we have even partnered with a local search directory called MyLocalLookup. Well, we now have something new to tell you about. It’s called Local Proud!

LocalProud is a brand new discount card program designed to help vitalize the local economy. Area merchants offer discounts that are honored when consumers show their free LocalProud card. The business get to determine their offers and they’re able to change them anytime via a convenient web interface. No special equipment is required for the business or your customers.

By becoming a part of the LocalProud program, the business will receive Local Proud cards to distribute to their customers as well as a window decal to display in your storefront. The program will be promoted through various local media, including television.

Pre-Launch Phase
During our pre-launch phase, they are offering free enrollment to the first 100 businesses. That means there is absolutely no-risk involved to get started. It’s time that local businesses come together and make a difference in our community. This Program allows that aspect to take hold.

Benefits To Consumers

• No Points to Collect
• No Coupons to Print
• No Waiting for Rewards
• Instant Offers
• Supports Local Businesses
• Keeps Money in Local Economy

Here is where to get started. Log onto Local Proud and hit the Advertise with us tab. It’s free and its a very cool concept! Or you can go to their pre-launch page to get sdtarted. If I were you, I wouldn’t wait another minute – I believe this will be a big hit with both consumers and businesses!

The rest of this article comes to us from Mark Dolliver…

Here’s a bit of Internet Age heresy from small-business owners: 46 percent regard it as a “myth” that every company needs a Web site.

That’s one tidbit from a release this month of supplemental data from the ongoing Discover Small Business Watch polling. When small-business owners were asked in an August round of polling whether their company has a Web site, fewer than half (45 percent) said it does.

Among respondents whose business doesn’t have a Web site, the foremost reason (cited by 41 percent) was that “my business doesn’t need one.” Other reasons included “cost” (cited by 19 percent), “not enough time to monitor and manage” (16 percent) and “complexity” (9 percent).

Do consumers penalize small businesses that choose not to have an online presence? Not as much as you might expect. Polling in September among consumers asked, “Are you more likely or less likely to use a small business that has a Web site?” While a plurality (47 percent) said they’d be more likely to do so, half said either that they’d be less likely (17 percent) or that “it would have no impact” (34 percent).

Nor is there a consensus among consumers that it’s odd if a company doesn’t have a Web site. Asked whether they “expect every business, large or small, to eventually have a Web site,” those saying “yes” (46 percent) were outnumbered by the sum of those saying “no” (37 percent) or “not sure” (17 percent).

The same poll also asked consumers whether they would “consider using a service or small business that you heard about on a social or business networking site.” Forty-three percent said they would consider it, but 32 percent said they wouldn’t and 26 percent weren’t sure.

JoseGoes.com is a nice looking niche website focusing on mexican and latin restaurants in the state of Texas. The idea is to completely define who your customers are, who the target is for potential revenue and the next thing you know, you have a business model. We really like this site!

What we liked about Jose Goes other than the business model is the fact of how easy it is to use and the potential opportunities it brings for restaurants. You can upload videos, incorporate your menu as a pdf, include pictures, google mapping and much more. Though the site is very niche, it certainly has a lot to offer both the restaurant and the visitor.

Though it looks as if they’re just getting the site up and running, It appears they have plans on incorporating television advertising as well. Just click on the video player to watch it.

We are going to keep an eye on this site… in the mean time, have a look for yourself – we’re including a link to the site itself and to one of the featured members. Good searching!

Well it’s really not rocket science, maybe one needs to understand the propulsion portion of rocket science in order to understand local search. Local search is about being in the right place at the right time when someone is looking for what you are selling. Here is an interesting fact about how consumers are searching today…

Research shows that 85% of all consumers go online to research whatever it is they want to buy before they decide on where or who they are going to buy it from. The recent Cash for Clunkers is a testiment of this. 85% of consumers who participated in the government funded Cash for Clunkers had already made their decision on what car they wanted, the color, and from whom they were going to buy it from before they walked into that dealership. In other words, they searched online and made their decision based on what they found via search.

Who benefited from this process? I’ll tell you who benefited… it was the local car dealers who made the investment to use local search as part of their strategy. And I don’t just mean Google or Yahoo, these smart marketers also use local search as part of their complete online marketing strategies. Here is a great example of local car dealers using local search in San Antonio, TX.

The thing I like about this site is the listing page for the premium advertisers – this is there exact listing, one that demands respect within the search business.

My point is, you must be using local search as part of your strategies, if not you are missing out on some great opportunity for your business.

Which brings me to why I’m writing about MyLocalLookup.com. WhattheYahoogle has formed a partnership with mylocallookup in order to provide our readers a great tool to find local businesses. In addition, we want to add that you can now get your bsuiness featured with a Jet Package for 75% off the annual subscriptions rate. Simple type in the code “Yahoogle” to receive your 75% off at check out.

This is a great opportunity for small businesses who want to get involved more search engine marketing but don’t have the budget to afford the big guys. With this discount, the cost is $25.00 a month and can be cancelled anytime.

As our friends at Growmap wrote a few weeks ago, MyLocalLookup is the only local search engine promoted in 44 TV markets across the country. They have built a unique startegy partnering with TV stations and offering great solutions on a local level. If you haven’t already checked out MyLocalLookup and their TV commercials, you can view their TV commercials here.

SEM (Seaarch Engine Marketing) is a term all of us need to get use to and an action we all need to take. Give your business every opportunity to be found when a customer is looking for you and you accomplish this through SEM.

Business owners… It’s time take control of your business. Get involved with local search, hire someone to help you with SEM, be a part of the Social Networking opportunities. If you don’t have the time, let us know, we can direct you to the right company.

According to Mike Shields and Performics, the search-specializing shop within Publicis Groupe’s VivaKi, its retail clients increased search spending in July by 13 percent versus the same month last year. That was the first such jump in monthly spending recorded this year—a year when Americans have been saving more and reluctant to spend during the ongoing recession (as evidenced by recent poor retail sales figures).

Previously, during the first six months of the year, though spending was not on the rise, efficiency was; Performics’ retail brands saw their return on investment climb 8.8 percent as overall search spending slipped, in part driving down pricing. During that period, Performics noted a five-cent, or 8 percent, decline in the average cost-per-click paid by search advertisers.

July’s surge in spending is providing hope for the rest of the year. Besides retail brands, the agency saw increased spending in the auto category, driven by the U.S. government’s Cash for Clunkers initiative.

July also proved to be promising for Bing, Microsoft’s much ballyhooed search reboot. Performics’ clients spent 40 percent more in search dollars with Microsoft than during the previous month when Bing debuted. Competition for ad inventory on Bing is also on the rise, as Performics recorded a 19-cent lift in average cost-per-click on the new search engine.

The article was written by David Berkowitz who is the director of emerging media and client strategy for Digital Marketing Agency 360i

And Mr. David Berkowitz believes its time for a new model… The articles covers the new pricing models for Social Media and also covers pricing models that are in place today.

Let’s first take a look at some current options;
• Cost Per Impression; better known as CPM
• Cost Per Click Impression; better known as CPC
• Cost Per Action Impression; better known as CPA
• Cost Per Engagement Impression better known as CPE

I think it’s worth your time to venture over and read David’s article – I find his insight to be very useful and I always learn something new from his writings.