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As the analyst geeks among you probably know from experience, geocoding address data is pretty easy but sometimes it can take a while especially if you have a lot of addresses to process and clean.Â
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Not entirely online related but still interesting data. Looking at the chart below it might be better to keep renting for a while in Australia if the downward trend continues.
Although the current crisis started with the bursting of the US housing bubble, other economies around the world are feeling the effects of their own real-estate booms and busts. From 2000 through 2007, a remarkable run-up in global home prices occurred (see exhibit). But that trend has reversed abruptly. In 2008, the value of US residential real estate fell 10 percent; the global average fared only somewhat better, declining by almost 4 percent. We estimate that falling home prices erased more than $3.4 trillion of household wealth in 2008. And because home prices are slow to correct, the current slide may persist for some time, which could depress global consumption.
Read the original article, "A global view of the housing bubble", here
http://www.mckinseyquarterly.com/newsletters/chartfocus/2009_10.htm
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There's an interesting article published on digitalbuzz contending that the focus on driving customers to a brand site is no longer effective. We have run the same analysis on the Australian market and the trends appear to be quite consistent: 50% declines in daily unique visits over the past 2 years (while search volumes for key terms in those categories remained the same or even increased).
Why the decline?
It's the second part that I'm interested in exploring but first some pretty graphs ...
Car Makers Electronics Computers Media Okay - it all looks like we're losing interest in the interwebs - but wait, all that attention is going somewhere ...Facebook & Twitter Clearly facebook is the huge winner in terms of daily engagement although we may see twitter has made a good start and my overtake MySpace in the next 12 months!What's a brand to do?I think the opportunity is for brands to start thinking of themselves as publishers - of useful information for their customers. This means going beyond describing the product to telling stories about how it might impact someone's life. If this content is modular and shareable, it will find its way to social spaces where relevant conversations can happen around it. These conversations are where trust is built and people move closer to a purchase decision. Rather than pushing out campaign centric content on your timeline, it's now important to be there (wherever your customers are) when they are in the buying cycle.RecommendationsExample
Here's an an entry on Adam Brand's (he's a client) web site ... And here it is on his Facebook fan page where it gets a lot more interaction and social proof ... So what do you think? Email this post
The YouTube audience is large and diverse: Includes all the family: 14-17 year olds only make up 7% of Australian YouTube users (18-29 = 32%, 30-39 = 20%, 40-49 = 18%, 50-59 = 13% and 60+ = 10%). Are workers, students, stay-at-home mums and retirees: 57% are working, 19% are stay at home, and only 15% are studying. Encompasses all life stages: 55% are married, 35% are single and 9% are divorced. Are not just techies and nerds: 61% of YouTube users are not tech-savvy.
Read more results of the Google survey here:
http://www.techmarketer.com.au/youtube/
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Bing might be picking up market share in the US according to the latest eMarketer article but in Australia Google is still the dominating force (almost to a point where the additional effort/costs required to manage a 2nd or 3rd search account outweighs the actual benefit).


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