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If you pay close attention to the source and the type of traffic you get in your blog, you should be able to find if the majority is from direct referral or organic traffics from search engines. Organic traffics from search engines convert good to CPC, but visitors who visit your site on regular bas

But one problem nags at me. Local merchants like "Joe The Plumber" usually don't have a web presence and many don't really even want one. But if you are going to buy cpc advertising, then you'll need a place for the clicks to go. The local ad agencies and local oriented web services are happy to create a web presence for local merchants, but they are often poorly designed and there's no standardization of them.