The guys at AdGooroo have published another one of their search advertising reports which contains some really interesting data.Â
Especially the share of advertisers by search engine and most expensive keywords reports are worth having a closer look. They show a constant decline in advertiser market share for Bing after an initial spike as well as significant differences in keywords by search engine hinting at different user segments.
Apart from the above the report also contains the following.
Monthly Change in First Page Advertisers
Avg # Ads/Keyword (US & International)
Avg # Ads/Keyword (US only)
2009 Retailer Search Spending (Top 80 retailers, Google US)
I've spent a lot of time thinking about social networks and their marketing (revenue) model, and I've recently drawn an ugly conclusion: They're flawed.
Why is that? Traditional media operates in two channels -- content and marketing. Think about watching TV. You watch your entertainment program, and then there's a commercial. Church and state. You always know where you stand with the marketer. Everybody's happy.
On social networks, the content and marketing have become inextricably intertwined. Sure, there are fenced-off areas where ads inserted in context, but at the same time, half of the alleged "content" is really just people promoting themselves or products. It's marketing.
I call this the "BS" factor. In a traditional media model, it's incumbent upon the content producer to craft the content and filter out the BS. On a social network, because it's self-serve, you are expected to be your own BS filter.
I also believe that audiences are not stupid. One thing I've learned over many years in the media is that they know how to call the BS. But when they see it, they don't like it, and it has in impact on their perception of the brand or the channel they are using. The more BS they see, the more the brand degrades.
That's fine, as a utility or a free communications software model. But as a marketing channel it's pretty dubious.
Social networks, if they really want to develop a viable marketing model, are going to have to figure out a way to clean this up, better filter messages for their audience for their use, and deliver real marketing value that preserves the integrity of the content. They might also have to decide whether they are primarily a communications tool media network.
There's yet another research report on the impact of display advertising on search, this time from iCrossing (see list of reports below), but I don't think anyone is disputing this fact anymore (nevertheless good to get confirmation).
Follow the below link to add or delete interests to your Google profile so you only see ads that are relevant to you. Why is not every publisher or online retailer offering something similar? The technology certainly is not rocket science and aside from increasing trust with customers by being open about profiling and putting them in control it has also the potential to significantly increase response and conversion rates!
http://www.google.com/ads/preferences/Interest areas you can chose from are: Animals, Arts & Humanities, Automotive, Beauty & Personal Care, Business, Computers & Electronics, Entertainment, Finance & Insurance, Food & Drink, Games, Home & Garden, Industries, Internet, Lifestyles, Local, News & Current Events, Photo & Video, Real Estate, Recreation, Reference, Science, Shopping, Social Networks & Online Communities, Society, Sports,. Telecommunications, Travel.
The best communicators are the ones who can create and share a strong narrative story. The best novels are the ones with the most interesting plot and the best speeches are the ones that arouse an emotional response from a crowd.
So to be a great communicator, a person needs to understand the importance of using narratives. To get people excited about a new idea or thought, he or she needs to be a great storyteller.
In other words, the more someone sees himself or herself in the picture, the more his or her mirror neurons fire. The more people see themselves in you, the more they relate to you. They think, “This person is like me,” and since most of us like ourselves, they think, “I like this person. “
Highly influential people tell stories that spark mirror neurons in others by opening their stories with images, people, sounds, smells and feelings that others recognize and can relate to. As Iacoboni says, “Innovators create stories that others want to be part of.”
Ask yourself the questions below to see how you can use a narrative within your company to get your employees and customers excited and focused.
1.Does my company have a story? Where did we come from and how did we get here? 2.Can I craft my company narrative in a way that other people can relate to? 3. Can reliving my company narrative on a daily basis make my business stronger and more focused?
Mindset Media lets advertisers define their targets on 21 standard elements of personality including segments such as 'perfectionism' and 'optimism'. Interesting approach, powerful if creative and message are matched to segments but wonder how they define and identify their segments? Surveys? Focus groups?
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