Forecast says SEO-related spending will be worth $80 billion by 2020

Local media forecaster Borrell Associates has attempted to capture the totality of spending on “digital marketing services” in the US.  Many times larger than “ad spending,” Borrell argues “businesses will shell out an estimated $613 billion in DMS” in 2016.

The report is principally focused on spending by small businesses.

Digital marketing services here includes ads but extends to spending on presence management, PR, listings management, content creation, reputation monitoring, app development, email and beyond. These services are broadly captured in chart above, breaking down the market by spending category (for 2016).

The report unpacks and discuss each category in more detail. In particular, Borrell says that 87.5 percent of “online marketing support” reflected above is SEO-related spending. It asserts that total SEO spending will be just over $65 billion this year, growing to nearly $80 billion by 2020.

The numbers in this report are massive and some will undoubtedly be skeptical of their accuracy. However the larger point the document makes is a valid one: there’s much more money being spending on marketing-related digital services that don’t involve media buying than there is on advertising, which falls somewhere between $200 to $250 billion in the US.

The post Forecast says SEO-related spending will be worth $80 billion by 2020 appeared first on Search Engine Land.

from SEO Rank Video Blog http://ift.tt/26dl5sN
via IFTTT