Archive for the ‘Advertising Trends’ Category

Foursquare Will Enter The Deals Market Soon, Google Maps Already There

Friday, May 11th, 2012

There’s an interesting process that happens over the online deal industry recently- While the traditional daily deal service providers are slowly declining, real-time and location based offers services are gaining momentum, signaling on a major change in consumers’ expectations and behavior.

I already reported that Facebook is entering the deals arena with the gradual roll out of Offers and that the Groupon Now! product might be the (only) future of the leading daily deal company, but lately, two more services have demonstrated their intention to join the new real-time and social offers age- Foursquare and Google Maps.

Foursquare: Coupon Ads In July
In an interview to the Wall Street Journal, Foursquare’s founder and CEO Dennis Crowley, revealed that the location-based social networking company intends to implement new type of special promotions ads into the next version of the company’s mobile app, which will launch in July.

This statement also aligns with the prior reports that Foursquare will introduce its own advertising platform in June and it will most likely to include coupons, special offers and a promotion features for the service’s more than 750,000 businesses and over 20 million users.

Today, Foursquare already giving businesses the opportunity to promote their special offers on their venue pages for free. However, the new coupon ads will provide businesses the possibility to target customers by themselves based on their current location and check-in history.

So far, Foursquare has been struggling with efficient monetization method of its relatively big community. Coupon ads based on location certainly strikes like a good way to finally generate some significant revenue for the company.

Google Maps: Discover Nearby Offers
Google announced that it is adding to its popular Maps service for Android a new offers feature on the service’s 6.7 release update, which will allow users in the U.S. to discover nearby deals. The deals feature will be powered by the company’s deals service, Google Offers.

The two products integration appears to have a big potential to grow together (in theory at least). Many users are already using Google Maps and they probably won’t miss the chance to score some promotion or special offer while using it. For merchants, it can turn into a great opportunity to allure customers to their businesses.

Finding offers on Google Maps is pretty simple- On the top dropdown menu click on Offers and you would see all the available deals near your current location. It is also possible to receive push notification or email whenever a business is offering some deal nearby.

The Best and Worst Times to Share on Facebook, Twitter

Thursday, May 10th, 2012

Want your link to get the most traction on Twitter? Post it on a Monday between 1:00 p.m. and 3:00 p.m. ET.
Link shortening and tracking service bit.ly has released new data on the best and worst times to share links on popular social networks, from Facebook and Twitter to blogging site Tumblr.

The company revealed that posting links to Twitter between the hours of 1:00 p.m. and 3:00 p.m. ET (or 10:00 a.m. to 1:00 p.m. PT) will give you the highest click rank, especially on days earlier in the week. Meanwhile, sending a tweet with a link after 8:00 p.m. should be avoided — as should posting links after 3:00 p.m. on Fridays.

The half-life of a link posted to Twitter is about 2.8 hours, according to bit.ly.

However, Facebook’s optimal posting times are slightly different than Twitter. Links sent between 1:00 p.m. and 4:00 p.m. get the most traction, with Wednesday at 3:00 p.m. being the best time to post on Facebook all week.

Links posted after 8:00 p.m. and before 8:00 a.m. on Facebook also don’t get the most clicks. Similar to Twitter, bit.ly recommends not posting the links you want to go viral during the weekend.

“While traffic starts to increase around 9:00 a.m., one would be wise to wait to post until 11am,” bit.ly said in ablog post on its site. “Traffic from Facebook fades after 4:00 p.m.”

Meanwhile, Tumblr has a much different usage pattern than Facebook and Twitter. It’s suggested to wait until at least 4:00 p.m. ET. to post important content, and posts that go up after 7:00 p.m. get the most clicks during a 24-hour period.

It’s also suggested that Friday evenings are a key time to post on Tumblr — a time bit.ly recommends avoiding on Facebook and Twitter.

Bit.ly traffic from Tumblr peaks between 7:00 p.m. and 10:00 p.m. on Monday and Tuesday, with similar traffic on Sunday, according to the study.

“It’s easy to see that just like your neighborhood restaurants, each social network has its own culture and behavior patterns,” bit.ly noted in the blog post. “By understanding the simple characteristics of each social network, you can publish your content at exactly the right time for it to reach the maximum number of people.”

Five Ways to Market an Effective Online Video

Tuesday, May 1st, 2012

1. Use a dependable hosting service
When you are marketing your video, the last thing you want is an unreliable hosting service that ruins your efforts. It’s important to use a provider that will offer you consistent quality and give you the assurance that your video won’t be spontaneously taken down at any point.

Websites such asYouTube and Vimeo are traditionally pretty reasonable at providing such a service; if you want 100% peace of mind, then investing some money into a host such as Brightcove or Bitsontherun might be a good idea.

2. Remember video SEO

Video is a great SEO (search engine optimization) booster, and using sites such as YouTube can greatly aid your SEO efforts. Just as in any SEO strategy, your main aim is to allow your video to be found by online users who are searching for content related to your video.

When marketing video, making your video findable by search engines is your top priority. It’s essential, therefore, to fill out all of your video meta-data on all the video sharing sites it is hosted on, and to write as much information as the sites allow you to include.

3. Harness the power of social sharing
Cracking social media isn’t always easy, but the power of a social share is unquestionable. Sharing online video on Facebook, Twitter, Google+, LinkedIn, and other social sites allows you to reach an almost limitless audience.
One share to your primary audience could generate further social shares within that group, thus reaching audiences you’ve never interacted with before and spreading your video’s message way beyond your current online reach.

4. Interact on your platforms
No matter what platform you are using—your website, social profile, video-sharing site, or blog—as the home of your online video, you will need to embrace and interact with the communities there.
Engage with commenters and other users, Like or comment on their content, video-respond to them, share their work, and generally participate in the discussions taking place in those locations.
Doing so will encourage other users to do the same, in turn, with your content and will generally create good marketing karma for you.

5. Measure your success
Always remember that measuring success creates success. Whether you’re looking to improve your video views, social following, Likes, conversions, website visits, or bounce rates via online video… you need to regularly check the success of your strategy and tactics.

YouTube Launches AdWords For Video

Monday, April 23rd, 2012

Video production is getting cheaper, so Google is creating a self-service option for pre-roll advertisements aimed at small- and medium-sized businesses.

Google’s AdWords program has long been an easy way for businesses of all shapes and sizes to post their ads on Google Search results. Now the company is expanding those capabilities to YouTube with its launch Monday of AdWords for Video.

As with the Search product, AdWords for Video is self-service. It allows small- and medium-sized businesses to bid on keywords and categories and have their video ads appear in front of some of the 3 billion YouTube videos that get viewed every day.

The move, though, signifies a larger shift. It used to be that only larger companies could afford to place video ads (or, more specifically, TV ads). They were simply too expensive–to produce as well as to air–for the average mom-and-pop.

But the cost of producing video has plummeted (this company made their first ad for $500), finally putting “TV” ads within reach of the masses.

That’s good news for small businesses, because video can be a powerful tool for drumming up interest from potential customers.

RevZilla, a motorcycle gear company based in Philadelphia, has long been placing video ads in YouTube search results. Founder Anthony Bucci tells Fast Company that video will become increasingly common for smaller businesses like his. “Depending on the business and how it reaches consumers, every business is going to potentially shine with video in different ways,” he says.

The new AdWords for Video product introduces a level of standardization with Google’s other services that will make it easier to buy pre-roll. “The way we set up a new video ad feels the same as if we were setting up a banner or search ad [in AdWords],” Bucci says.

EMarketer says video is the fastest growing online ad format. It projects that the share of online ad spending going toward video will double this year, from 7.9% to 15%. And according to Google, 50% of online ad campaigns will include video by 2015.

The service also allows users to place ads on mobile devices. Baljeet Singh, Group Product Manager for YouTube, tells Fast Company the company is planning to expand the service to other platforms, like connected TVs and game boxes.

AdWords for Video will also use YouTube’s “TrueView” system which only charges advertisers when users actually watch the video, Singh says. That’s a shift from the classic CPM charge model, which charges per impression. Small businesses need to stretch their ad budgets as far as possible, so providing a service that only charges them when viewers actually watch the ad makes the service increasingly attractive to those buyers.

The introduction of AdWords for Video is part of a larger emphasis at Google on small and medium-sized businesses. (See: “Google Goes After Your Local Small Business.”) “This allows them to play big with bigger advertisers,” Singh says.

A beta program for the service began last year. Google won’t reveal the number of advertisers participating, but Singh does say that the number of advertisers using AdWords for Video increased 10x from the end of last year’s Q4.

Deloitte’s “Entanglement” Model For B2B Digital Marketing

Friday, April 20th, 2012

In case you missed it, a quiet revolution is occurring in B2B digital marketing, especially in the professional services realm.

Previously, the center of the B2B online universe revolved around that colossus, the website. B2B marketers all had one goal in mind: Drive traffic back to the website. Today, however, the cyber world has shifted. And a a new end game is being played that has everything to do with the customer–not the company. Multi-channel marketing, from tablets to smartphones to videos, has moved the center of the digital universe from the website to the customer. The new dictum is: Be relevant and discoverable everywhere your customer is.
A leader and key practitioner of this new world view is Deloitte, which is scoring some big wins as it embraces multi-channel marketing. One metric tells the story: Since launching video podcasts–short interviews with thought leaders–a year ago, Deloitte has found each video gets downloaded about 3,000 times, compared with average downloads of 1,000 per white paper. Not bad–especially when you consider that a video can take one twelth the time to produce as a white paper and be far more timely. In fact, the videos have been so successful, Deloitte releases one a week.

I spoke with two Deloitte digital marketing experts, Jennifer Chico, Director of Internet Marketing, and Kelly Nelson, Marketing Leader, Deloitte Analytics. Here are some lessons straight from Deloitte’s experience.
WENDY MARX: What is your new digital marketing model?

JENNIFER CHICO: We’re moving from a hub and spokes to an entanglement model. If you envision a wheel, in the past, Deloitte.com was in the center, and the spokes were email marketing and Google advertising, things that drove traffic back to Deloitte.com. Where we are moving today is more an entanglement model, where we need to be relevant and discoverable across all channels. The website is the fundamental home base for digital strategy, but it is not the be all and end all. We need to be where our customers are, and be relevant and discoverable.

How has your new relationship with the customer affected content?
KELLY NELSON: We’re taking some pointers from B2C companies where the content is often short, sweet, and to the point, with the focus on benefits, and people are spoken to in a way they recognize. In the past, we often started with a white paper, with a big piece of thought leadership. We said, “What if we flip that around? What if we don’t start with the big thing but with the seed, the small idea?” Not everyone is interested in a 20-page piece of content. Now we start with shorter pieces, such as our three-minute guides. We then look at the metrics see where the interest is; if there seems to be lot of interest in angle X, we’ll dive a little deeper there.

What other approaches are you taking to content?

NELSON: We’re taking a blog-like approach. We post content that is very conversational in nature and can run the gamut from analytics about talent to supply chains. It’s short–about two paragraphs or less–and more conversation than thought leadership, such as “here’s a couple of things to think about when thinking about tax season.”

What do you measure?
CHICO: We look at the following to measure our effectiveness: The awareness and engagement we’re driving, the volume and reach, the level of engagement we’re creating with various constituents–are we having a back and forth? Have we increased the conversation rate? Have we instigated action? Did they download something? Subscribe to something? View a podcast? Did they take action?

Telemarketing Companies Are Some of the Best Among Providing Sales Leads

Friday, April 20th, 2012

In-house telemarketing services are some of the best you can employ to help you have a telemarketing campaign. And when it comes to making more sales, telemarketing is without a doubt one of the best marketing strategies you can make use of. But when your telemarketing campaign can’t seem to bring in those desired results, then it may be a result of you not having fresh B2B leads.

To remedy this problem, having lead generation done may be a good option however, buying a telemarketing or calling list is also something you can choose. With only a limited number of staff, adding on lead generation to their assigned tasks may be too much for them to handle. Aside from that, your employees may not have the know-how on how to effectively do so.

Once you have decided on getting one however, another thing to consider in making the choice is who to have as a provider, who you can buy from to get quality results. Well, one of the best choices you can make is going with aprofessional telemarketing firm.

With their capabilities when it comes to doing lead generation, they are an optimal choice for many other firms that need lead generation services. Because of this, it also makes them one of the best when it comes to the creation of a telemarketing list. Well-known and large telemarketing firms that have been already in the business for a long time have already managed to employ a large number of telemarketers.

Also, they have been in the industry long enough to learn, create and train their telemarketers in the art of making asale through the phone with ease. Aside from that, cold calling is one of the most widely used methods in terms oflead generation and skilled telemarketers can do it better than anyone else. When it comes to talking to prospects, many have also learned that smart calling is a more effective way of generating leads.

By doing research on their prospect and having an ample amount of knowledge on the target company, these telemarketers are capable of engaging in long and meaningful conversations with the prospect thus allowing them to easily make the prospect feel at ease because they are able to speak on equal terms. Due to this, they can easily obtain the information they need out of their prospects and turn it into a lead and placed on your telemarketing list.

Telemarketing firms also pride themselves with the quality of service they provide: quick and quality results. Although they do employ a large amount of staff to make calls and minimize the time needed to get results, rest assured, they do not compromise the overall quality of the lists that they provide.

They will also make sure to find prospects who are highly interested with your products and services, find prospects that are willing to buy and find those who are in the market and looking for such; they assure to bring you fresh B2B leads to increase the chances of you making a sale with every lead on your purchased telemarketing list.

With a telemarketing firm at your side and as your provider, you can expect to keep on getting high-quality leads and lists. If ever your in-house telemarketing program may seem a bit slow and not capable of bringing in the required amount of sales, then consider buying a telemarketing or calling list filled with fresh B2B leads from a professional telemarketing firm. This is sure to provide you with the best results.

Google Proposes New Metrics for Online Advertising

Thursday, April 19th, 2012

Attempting to move the industry behind click-throughs and impressions, Google on Wednesday introduced a plan to measure online advertising that it hopes will become the industry standard.

Dubbed Brand Activate, the plan is designed to “reimagine online measurement for brand marketers,” according to a blog post from the company. The idea is that with better metrics, marketers will feel more comfortable allocating more of their money to online advertising. “We believe that the industry’s significant investment in brand measurement efforts can substantially grow the online advertising pie, for all,” the post continues.

Google introduced the first two components of Brand Activate: Active View and Active GRP.

The former is a bid to become the new standard for online impressions. The proposal, now being submitted to the Media Rating Council, will count a “viewed” impression as one that “is at least 50% viewable on the screen for at least one second.”

Active GRP, meanwhile, is the online equivalent of the Gross Rating Point, a metric used by the television industry to estimate how many people saw a given ad. Active GRP is a digital version that will calculate the reach and frequency of a campaign, but — unlike standard GRPs — lets advertisers react in real time. (Hence the “active.”)

Google’s not the first to call for new online ad metrics. Facebook partnered with Nielsen last year to try to adapt GRPs to online advertising as well.

A further explanation of the initiative is provided in the video below.

Digital Coupons Rival Print Counterparts in Effectiveness

Thursday, April 19th, 2012

Deals spur PC users to perform product research, make purchases

The battered US economy has driven price-conscious consumers online to do research before making a purchase, and eMarketer estimates that there will be 92.5 million online coupon users by the end of 2012. Those savings-savvy consumers will no doubt be helped by electronic circulars, which now rival their print counterparts in penetration, according to a November 2011 study of US internet users by Yahoo! and Ipsos.
The poll found that 27% of respondents preferred receiving digital coupons and deals as opposed to getting them offline, compared with 33% who still preferred print versions. Of those that favored digital, eight in 10 said the convenience of digital deals made them preferable, especially their direct delivery to email inboxes. Seven in 10 liked the ease of management that digital deals offered, saying they facilitated comparison shopping and were easy to share.

According to the research, email was the most powerful digital channel for coupons and deals—64% of respondents subscribed to at least one regularly delivered discount email newsletter. And of those who received newsletters, about half checked them at least once a day.

The study also found that compared to their mobile and tablet counterparts, PC users were more likely to be motivated by digital circulars to conduct product research after receiving a discount promotion. Almost half of PC users said they would do more research on a product after receiving a deal email, while only one in five of those on smartphones or tablets had a similar response.

Additionally, 37% of US PC users responded to a digital circular by making a purchase based on an offer contained within, well more than the 13% of mobile users and 17% of tablet users who did so.
As digital deals catch on, marketers should make sure to assess customer usage and engagement patterns to stay on top of consumer demand.

Paid Search, Mobile Spending Increase in Q1 2012

Wednesday, April 11th, 2012

The U.S. paid search market grew 16 percent YoY in Q1 2012, according to the Adobe Systems Global Digital Advertising Q1 2012 Update. For the same period, IgnitionOne puts total U.S. search spend growth at 30.3 percent in their Global Online Advertising Report. Either way, it’s great news for search marketers, especially those participating in the mobile search space.

Marketers Spending More on Mobile
Adobe’s report has U.S. marketers increasing their mobile ad spend to 8 percent of all search spend, while those in the U.K. allotted 11 percent to mobile in Q1. Tablets alone accounted for 4.25 percent. Adobe predicts mobile and tablet advertising will continue to appeal to advertisers in the short term, given their “disproportionately” low CPCs, compared to desktop PCs.

IgnitionOne put the amount of U.S. paid search spend dedicated to mobile slightly higher, at 12.4 percent. This represents an overall increase in mobile search spend of 221.1 percent over the same quarter last year, though the report warns that this growth rate has slowed since Q4 2011. Clicks on mobile ads increased 246.1 percent YoY.

Yahoo/Bing Increase Market Share, But Kill Their ROI Advantage Over Google
According to IgnitionOne, Yahoo/Bing had their best quarter since Q2 2010, with a 46.4 percent increase in U.S. search advertising spend YoY. For their part, Google saw lower but no less impressive 26.6 percent growth YoY. Compared to Q4 2011 (the holiday season), Bing actually saw total ad spend increase 14.3 percent, while Google’s spend fell 5.4 percent.

Adobe notes that Google’s CPC fell 5 percent over last year, while Yahoo/Bing CPC rates were 18 percent higher YoY.

“As a result, the Bing/Yahoo ROI advantage over Google no longer exists,” says the report. “Note that when Yahoo Japan converted to the Google ad serving platform from Bing/Yahoo, CPC rates dropped significantly. This indicates that Google, on average, charges a lower premium to search advertisers.”
Outlook for Rest of 2012

Marketers are missing out if they’re not targeting mobile, said Roger Barnette, President of IgnitionOne.
“While the growth in mobile ad spend has been an ongoing trend, I am impressed by the level of activity and click-throughs on tablets. This should be a wakeup call for marketers who are not yet leveraging search advertising on these devices,” Barnette said in a statement.

Meanwhile, Adobe predicts U.S. search spend will increase 10 to 15 percent throughout 2012, with tablets and mobile taking up to 20 percent of all search spend by Q4 2012. Marin Software also recently predicted that smart mobile devices will account for a full 25 percent of paid search clicks on Google by the end of 2012.

Adobe also offers a bit of advice to marketers in their report: “In a rational marketplace, the CPC rates on tablets should be identical to desktop CPC rates if the conversion rates are comparable. Furthermore, current trends indicate that tablets may cannibalize smartphone and desktop search spend as investments continue to shift to tablet devices.”

How much is a tweet worth? About 1/10,000 as much as a Yelp review

Monday, April 9th, 2012

Tweets, status updates, pins, check-ins: They may seem trivial to you, but they’re valuable content to social networking companies.

For example: Next time you make an update in Path, consider that you just helped that company make 50 cents in revenue.

Just how much value do you represent to these companies? Backupify, a cloud data backup service, decided to do some quick math. The infographic below gives you a glimpse. Dividing the estimated valuation of the company by the number of users tells you, roughly, how much value each user contributes to the company’s value.

 Path: $12.50 per user
 Instagram: $18.52
 Yelp: $21.21
 Pinterest: $28.09
 Foursquare: $40.00
 Twitter: $71.43
 Dropbox: $80.00
 LinkedIn: $104.46
 Facebook: $118.34

But it’s the value of each individual status update that’s especially interesting. To get this number, Backupify took each company’s estimated annual revenue and divided it by the number of items of content. Here are the results:

 Tweet: $0.001
 Facebook share: $0.024
 LinkedIn search: $0.124
 FourSquare check-in: $0.40
 Path update: $0.50
 Yelp review: $9.13
I don’t know about you, but it’s hard for me to imagine that a simple FourSquare check-in is worth 40 cents — or that there are any Yelp reviews at all that would be worth nearly $10. But that’s market economics for you.

backupify-social-data-infographic