Google is one of the biggest SEM in the world, others such as Yahoo, Baidu, Microsoft etc. Take Google for example, there are 2 kinds of research: Paid listings and Organic (or natural) listings.
-Listing is guaranteed and instant
-Flexible, allows for trial-and-error
-Search engine provides reporting
-Context/Geo Targeted (show the pacific area)
But also have disadvantages:
-It's very expensive to maintain.
-It also shows users are 80% less likely to click
-Competitors with deeper pockets can outbid you
For me, usually when I search for something, I always click the organic listings.
Organic listings are usually free. The Advantages of that:
-There is low cost means no money to search engines
-It shows users are 80% more likely to click
-High, positive can last long into future
-Perceived as a quality endorsement
Disadvantages:
-There is time required before results appear
-Difficult for high competitive phrases
-No guarantees
You can also go through http://www.yoursite.com/ to check how popularity on your own site.
Reference:
http://www.hubspot.com/organic-vs-paid-search/#ixzz0mOZAXIs3
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