Archive for March, 2009

Rich Media and Video in AdWords

31
March
2009

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Keith Vera

Account Manager

Google is making it easier for advertisers to build, display and track new Rich Media and Video advertisements in AdWords through new templates in the display ad builder.  One of the major benefits of this new services is that it allows advertisers to track interactions with their advertisements ("mouseover rate"), display multiple products or areas within the ad, and use multiple destination URLs to fit each ad feature.  Below is a quick demo:

Spending Trends in Search Engine Marketing for 2008

30
March
2009

In 2008, companies spent more money on paid search than search engine optimization

Christine Pepin
Media Coordinator

According to new research conducted by Radar Research, spending for paid placements in North America greatly exceeded that of organic search. Last year, $13.5 billion was spent on search engine marketing; 88% of which came from paid search and only 11% from SEO. The Search Engine Marketing Professional Organization (SEMPO) estimates that search marketing spending will increase to $14.7 billion next year. This figure is inclusive of paid placement, organic search, paid inclusion and SEM technology. 

While SEO tends to be more cost-effective in terms of longer lasting results, it takes time for a site to achieve a high ranking or even a first-page ranking. Oftentimes, clients are either not willing to wait for this to occur or desire results that can be measured short-term. These factors, among others, attribute to the large gap between paid and organic search spending. However, as marketers begin to understand that users find organic listings to be more relevant than paid, they may realize the wait is worth long-term campaign results. 

Spending Trends in Search Engine Marketing for 2008

Google Insights for Search Upgrades

26
March
2009

New features added to Google’s research tool.

Stefanie Berliant
Media Coordinator

Google has made some upgrades to its tool Google Insights for Search which launched August 2008.  As a complementary tool to Google Trends, Google Insights is a research tool geared towards researchers and advertisers. These recent upgrades to this tool have made advertisers jobs easier and research more comprehensive. While other free research tools such as Compete and Quantcast offer similar features, the addition of new data sources, category sections and metros for the US take Insights capability above and beyond its competitors.  The data sources differentiate between web, image, news, and product searches.  The category suggestions offer other terms for which your search might be relevant.  With the addition of metros within the US, researchers are able to drill down into specific geographies to see how interest levels vary by region.  With a more robust research tool, advertisers are able to gain more knowledge about their audience and thus optimize their online marketing campaigns to be more effective.

Twitter Becomes the Fastest Growing Member Community Site This Month

25
March
2009

Year-over-year growth in February 2009 hits 1,382% for Twitter.com

Christine Pepin
Media Coordinator

Although Facebook has over 20 million members, it has not experienced nearly the same amount of year-over-year growth as Twitter.  Last month, there were seven million unique visitors to the site, a remarkable 1,382% increase from 475,000 in February 2008, according to Nielsen Online. 

As Twitter continues to grow in popularity, its impact will be tremendous for both the consumer and for organizations hoping to promote their brands on a large scale.  The most popular Tweeting age group are adults ages 35-49, who primarily access the site from their workplace.  The nearly three million people that make up this age group account for 42% of the site’s audience.

As we begin to recognize the mobile marketing opportunity that Twitter presents, the issue over how we may track tweets becomes important.  If Twitter does become a mobile phenomenon, many more users will flood the site to tweet due to this added on-the-go convenience.  Already, various firms have anticipated this growing success by addressing how to make Twittering more convenient.  Not only will consumers enjoy the added accessibility to their extended communities, but marketers receive the bonus of more content to identify how people are viewing their brands.

Last week, Tweetdeck, the desktop client used by about 13% of Twitter members, has launched an update that has integrated two social networks together.  With this application, users can now incorporate their Facebook status updates into their Tweets.  In addition, users can even initiate a chat through Tweetdeck.  By integrating with Twitter, Facebook now takes on a more real-time live feel.

The missing link in identifying the true viability for Twitter is the ability to track its value.  Omniture has already begun tackling that challenge through a SiteCatalyst API, which it will soon be releasing.  This feature will enable firms to measure how their brand is being spoken about on Twitter.  Data such as the number of times a particular term is being mentioned will be collected.  Marketers can also elect to receive tweet alerts when a post about a specific brand name has been mentioned repeatedly.  For a more granular assessment, brand names can also be paired with other keywords or phrases.

We’ll stay tuned to see when Twitter finds a viable business model to capitalize on its growing success.

CBS Cashing In On March Madness

23
March
2009

The current state of the economy isn’t likely to significantly effect CBS’s ad revenue from March Madness.

Ryan Moss
Media Coordinator

The NCAA Men’s College Basketball Tournament started last Thursday meaning that "March Madness" is here in full force. Studies have shown that most companies typically suffer losses during this time due to a lack of productivity from their employees. For CBS, this is one thing it doesn’t have to worry about, since it is the network carrying all the games and therefore receiving all the advertising revenue.

Since 1999 over 291 different sponsors have spent a total of $4.2 billion on TV advertising during the tournament. The record high was set last year with $643 million being spent by 102 advertisers. In addition to TV advertising revenue, CBS also receives digital ad revenue from broadcasting games on its website, which in 2008 this was around $23 million.

With the current state of the economy some expect CBS’s March Madness advertising revenue to decline. However that doesn’t look to be the case at least for online ads. According to the Wall Street Journal, CBS said that $30 million will be generated from online ads, which is a 30% increase from 2008. But, how TV advertising revenue will compare to years past remains to be seen and likely won’t be released until after the championship game on April 6.

 

Mom…Please Don’t Ask Me To Become Facebook Friends!

23
March
2009

On behalf of a world fearful that baby-boomers are becoming social network savvy, I kindly request that moms and dads do one thing: STAY OUT OF MY FACEBOOK!

George Assimakopoulos
Principal Manager

MyParentsJoinedFacebook.com

Viral Marketing Tactics for .ORGs

23
March
2009

EyeTraffic Media is offering a free webinar to educate .ORGS on viral marketing.

Stefanie Berliant
Media Coordinator

On March 25, 2009 from 3-4 PM EST, EyeTrafffic Media will host a free informational webinar tailored exclusively to .ORGs and associations.  This webinar will focus on identifying viral marketing tactics to help associations and non-profits increase traffic to their website, as well as promote awareness for their causes and events.  Viral marketing enables and motivates consumers to share content within their network while interacting with a .ORGs brand to achieve a desired marketing objective.  In this seminar, you will learn how to identify and build a network of influencers that will continue to spread their support for your organization’s cause and other viral marketing best practices. 

This webinar is the fourth of a series intended to educate cause-driven organizations on how to successfully apply online marketing strategies. The goal of these sessions is to help associations and non-profits to build stronger relationships with their customers and prospects at a fraction of the cost of traditional marketing methods.

For more information and to register for this event, please visit http://www.eyetraffic.com/Webinar.php

Does Twitter Have A Business Model?

20
March
2009

Twitter’s co-founder, Biz Stone, announced this week that Twitter may charge businesses for certain types of uses

George Assimakopoulos
Principal Manager

Recently, I have been following the super-hype of Twitter.  Twitter has been everywhere! From ABC Nightline to Shaquille O’Neil…everyone is buzzing about Twitter "tweets". The dilemma for Twitter has not been it’s popularity – but rather the opportunity to generate revenue from its popularity. This past week, Twitter’s co-founder Biz Stone announced that they have identified ways to make the Twitter experience even more valuable and charge for commercial accounts.  Stone clarified his position this past Tuesday that he specifically was referring to add on services and clarified that Twitter would remain free to all users – including individuals, businesses, celebrities, etc.

For some time now, many have challenged the Twitter model as not being one that could generate any revenue.  That may have been true – until now.  Magpie (www.beamagpie.com) has taken the first big step in monetizing tweeterers. Magpie enables users to sell their tweets and Twitter backgrounds as ad space. Each user is paid according to his/her number of followers. Magpie also has a unique tool to allow advertisers to see how many tweets may be available based on a keyword phrase.

If you’re a skeptic – check it out for yourself and keep in mind that this ad model will totally penetrate Twitter-nation once the mobile world embraces the value of tweeting to keep followers updated.  Quite a unique CPM ad network in the making.

How CMO’s Are Dealing With The Economy

18
March
2009

A recent survey was conducted to find out how top marketing executives are altering their strategies to coincide with the current economy.

Ryan Moss
Media Coordinator

With the current state of the economy, marketing budgets are dwindling in many companies, thereby making the job of a Chief Marketing Officer (CMO) even more difficult. To help determine how these top marketing executives are responding to the tough times, Duke University’s Fuqua School of Business and the American Marketing Association (AMA) surveyed about 600 U.S. marketing executives during February 2009 for the "CMO Survey". The poll generated some very interesting findings, including the following.

  • 59% of marketers said they were less optimistic about the economy then they were during the previous quarter
  • The most important customer priorities during the next 12 months according to marketers are Price, Service, Product Quality and Relationship
  • Marketers expect a 7% decrease in traditional advertising spending, but a 10% increase in Internet Marketing and new product introductions
  • Marketers named Apple, Procter & Gamble and Coca-Cola as the companies with the best marketing programs
  • "Achieving measurable ROI on my marketing efforts" was classified as the most important priority for marketers in 2009 with "developing marketing programs that integrate online and traditional media" being second

For more information about the results of the survey see the links below.

 

Social Networking Surpasses Email

10
March
2009

Social networking now accounts for almost 10% of all internet time according to the latest Nielsen report, surpassing email in internet activity popularity.

Keith Vera
Account Manager

Social networking now accounts for almost 10% of all internet time according to the latest Nielsen report, surpassing email in internet activity popularity. The report “Global Faces and Networked Places” looks at data from December 2007 through December 2008, and finds that not only do “member communities” exceed email in participation; the sector is experiencing twice as much growth than any of the 5 most popular online spaces.

“Global Faces and Networked Places”

Much of this growth can be attributed to the increasing popularity of social networks among an older demographic. As reported by Christine Pepin in February, females over the age of 55 are one of the fastest-growing Facebook user segments, growing by 175% over the last quarter alone, with males over 55 growing over 137%. This new growth helps put over 45% of all Facebook users over the age of 26.