Financial Trading websites missing out on significant online search traffic
London, 22 June, 2010 - Despite a drop of 16% on January levels, the number of trading-related searches made by UK consumers in April totalled 650,000, reveals the latest research from the UK's leading independent specialist search engine optimization (SEO) and pay per click (PPC) consulting agency, Greenlight. Accounting for 65%, the report, ' Trading April 2010', shows stock trading terms were most searched for. Although MoneyExtra replaced LondonStockExchange at second position in Greenlight's natural search* league table, Wikipedia remained the most visible website for trading-related terms. This indicates players in the financial trading market are yet to make significant inroads when it comes to capturing online search traffic. The OxIS "Internet in Britain June 2009" survey found 22% of UK consumers utilised the internet to trade stock and investments.
Greenlight used industry data to classify 1,200 of the most popular search terms used by UK consumers when they went online to find contracts for difference (CFDs), spread betting and stock trading companies. It was also used to ascertain the 60 most visible websites, brands and aggregators in natural and paid search**, the respective size of the audience they were reaching as a result of their having that keyword-specific visibility and to compile Greenlight's social media popularity index (SMPI).
Some key findings show:
- Spread betting and CFDs accounted for 23% (149,000 searches) and 12% (78,000 searches) of all trading-related searches in April, respectively;
- Of the top 10 trading search terms, nine were all stock trading-related, indicating that there is a massive online search market for such products;
- Overall, the most queried term in April, was 'Share prices'. It was searched for 60,500 times and accounted for 9% of all trading-related searches. 'Stockbroker' followed with 27,100 searches;
- Only 13 websites were visible for more than 10% if web-related searches in April, indicating there are massive gains to be made for many players within the trading market;
- CityIndex was the most visible advertiser in paid search, achieving 41% visibility. TDWaterhouse and SaxoBankUK followed with 36% and 31% share of voice, respectively;
- Greenlight's Social Media Popularity Index (SMPI)*** finds GFTUK was the most followed trading brand in social media, with a combined following of over 1,300 on both Facebook and Twitter;
- iii.com was the most interactive brand, producing a total of 157 'tweets'. Its content broadcasted economic, political and stock market reports and included external links to blogs on its website. However, it did not have an official Facebook account, and therefore missed out on potential interaction with social media consumers;
(Table showing Greenlight's top 10 of the 60 most visible trading websites in both natural and paid search, shows below. If you are unable to view it please contact the press office)
Top 10 of the 60 most visible trading websites in both in natural and paid search, UK
Please note: If you plan to run this story online, please link any references to Greenlight via the following: http://www.greenlightsearch.com/knowledge/sector-reports/
|No.||Website/Advertiser||Natural Search||Paid Search|