Once upon a time the word “cheap” was pretty much scoffed at and thought to be taboo- but it appears that this previously taboo word may have a bit more clout in today’s economy. According to an article published on iMedia by Tom Crandall, CEO of Ayohwahr Interactive, “cheap” is no longer a dirty word and he appears to be right. Where companies once felt that this word would reflect upon them badly, they are quickly coming to realize that “cheap” attracts customers. Craig Mcdonald, in his recent post, asked, “How much is the word “cheap airfare” worth in the United States? The answer is about $8 million, according to comScore Marketer Search Data, December 2007.”
To Quote Tom Crandall:
“According to the Google AdWords Keyword Tool, the average monthly search volume for the phrase “cheap insurance” typically amounts to 673,000 queries. Last month, the number of queries for this term rocketed to 2.7 million. Likewise, the average monthly search volume for the phrase “cheap car” is traditionally about 1 million queries. Last month, the volume exceeded 3.3 million.
So, as you consider incorporating adjectives such as “affordable,” “budget,” “inexpensive,” “low-cost,” and “thrifty” into your SEO strategies, consider this: There is a growing number of brands weaving the keyword “cheap” into their on-page SEO elements. (Many are even incorporating this term into their marketing copy!)”
Obviously this bad word has been given a reprieve and marketers are learning that it does not damage brand perception or curb profitability. So, I can hear you thinking…. how in the world does this apply to signs? Well, the name says it all 🙂 We are cheap and we are not afraid to tell the whole world!
What about you?