Archive for June, 2008

Yahoo – Google Deal, what does it mean for your Search strategy?

Wednesday, June 18th, 2008

Now that the Yahoo – Google deal has been done, how does this affect your Search strategy? Is it better or worse? For Yahoo it’s good, for you as the advertiser, it limits your choices on pricing for Search, which is bad.

Now, that Google will be serving their search ads on Yahoo, that limits the amount of advertising choices, which ultimately means that Search pricing for your keywords are going to go up. Also, the advertiser will have to deal with higher online search budgets, since it won’t be offset, by running ads on Yahoo and Google separately. Traditionally Yahoo’s keyword search term pricing has been lower than Google’s, so now that Google will be running the show, there will be no choices to separate the Search campaigns in other platforms for reducing pricing. So, what about MSN?

MSN’s search has been no match for Yahoo or Google in the past, but maybe with this new partnership deal, will step up MSN’s effort to be a real player in Search and as an alternative for online advertisers. We will have to wait and see.

Measuring Website Performance with Analytics

Monday, June 16th, 2008

If you are new to marketing your site on the web, then one of the most important tools that you will need is an Analytics program to gauge traffic performance to your site. Without an Analytics program, you won’t be able to know where your traffic comes from, what advertising programs are really converting at your site, or how much much your campaigns are actually costing you.

You can choose from a range of existing products on the market or you can build the analytics internally. If you don’t have the resources or cash to build your Analytics program, a fair and free alternative is Google Analytics -www.google.com/analytics Yes, you read it correctly, it’s a free product from Google, but there are some minor issues that you should be aware of, if you decide to run advertising campaigns to drive traffic from the Advertising Networks. Google does not record every ‘Unique Visitor’ to a site due to its coding language, which will not pick up. Google will under report the amount of users. Make sure to place a pixel from the Advertising Network on your homepage so you can check the Advertising Network’s reports against Google’s Analytics.

Like any other free software tool that you find on the Web, you can’t completely customize Google Analytics the way that you need, if you have a complicated eCommerce site, but for those simple marketing informational sites, it does work well. To get started, all you have to do is place the ‘pixel’ code that is given to you by Google Analytics at the end of the sign-up process into the <head> tags of each page of the site, then you’re ready to go. It’s as simple as that. It takes approximately 24 hours before the reports are populated with data.

If you do have an eCommerce website that requires a lot of analytic customization, consider Web Trends. Web Trends is a great analytics tool, but can be costly.

No matter what you choose for your Analytics program, make sure to test it against your internal logs to make sure that the traffic numbers are true numbers.

Build Your Own Email List, Don’t Buy

Monday, June 9th, 2008

Email marketing is considered the #1 way to market on the Internet, but what does that mean to you, if you don’t have a database of users yet? How do you build an email list to market your services?  Should you buy a list from one of those online services?  Don’t even think about it.  I know it’s tempting to buy a list and it is the easy way out, especially, if you are just launching a site and don’t have any customers, but don’t build your email list this way.  This is a common mistake of Entrepreneurs and less experienced Online Marketers to buy lists and to send bulk email to the list, hoping that users will click on your email or newsletter.  This is definitely the way to get ‘black-listed’ on the top mail servers. Think about how much you hate getting email from companies or people that you don’t know.  So, how do you build your email list?

The best way to build your email list is to run targeted marketing promotions that require people to offer their emails to you. Also, try running online Search marketing, Cost per Lead, Cost Per Acquisition campaigns or try offline Event Marketing programs.  It will take time to build the list, but once you do, you will have a database of users that want to hear from you and will be more receptive to your marketing offers.

The last thing you ever want to do is to market to people who never requested your information, so don’t do it. Take the time, build your list and you will have an effective email marketing campaign.

What is the difference between marketing to Generation X and Y?

Monday, June 2nd, 2008

Many marketers think that there are no differences to marketing to the Generation X and Y demographics online, but there are tremendous differences that you must consider, if you attempt to market to either one of these groups. Keep in mind that these generations were born at different times of the web explosion, which has affected the way that they look at how advertising messages pertain to them.

Generation X refers to the generation that was born between 1965 and 1984; Generation Y refers to the generation that was born between 1985 to present. Generation X grew up during the time of Atari to the launch of the Web, unlike Generation Y, which never knew what it was like not to have the Internet as being a part of their life. Immediate access to news, entertainment, speaking to friends through social networks are second nature to Generation Y, unlike Generation X, which is a much more fragmented group, and still relies on print, as well as, online when it comes to social interaction and information access.

When trying to decide on marketing to Generation X, not only should you consider marketing narrowly, consider marketing broadly to this generation, since it is hard to pinpoint where most of this generation can be found. In terms of finding Generation Y, consider targeting your online campaigns narrowly to where this generation spends most of their time… on Social Networking, Gaming, and Environmental sites. Why Environmental? Generation Y has grown up being much more environmentally aware than the previous generations and are big activists, when it comes to participating in causes. If you need proof of it, check out Facebook’s Groups – ‘Causes’ section. The Causes section are some of the largest groups on the web. The participation is outstanding for such an young generation.

Make sure, when you do start putting together your marketing strategy, that you ‘not market’ to Generation Y…they can smell an unsympathetic campaign a mile away and will cause your brand-identity to suffer; unlike Generation X, which is more tolerant of marketing efforts to them. Generation X will gladly accept marketing messaging, as long as it pertains to them.