Paid search engine ads drive not only online sales, but in-store sales as well, according to a recent study by marketing analytics platform RevTrax.

Summary

The study covered millions of transactions conducted over a 2 year period across hundreds of merchant outlets, focusing on purchases generated from paid search ads. When a paid search ad was showed to a consumer, it led to a printable or mobile landing page with a unique code in a coupon. To redeem the coupon, the consumer had to go to a physical store.

Results

  • Approximately 9% of ad clicks generated an in-store sale
  • For every $1 generated online, retailers recorded about $6 in-store purchases
  • On average, a click on a paid search ad generated $15 of in -store revenue, with some generating up to $28 of in-store revenue
  • The average cost per sale varied between the 7 and 10% range, with some as low as 1%
  • Around 40% to 50% of customers acquired from paid search ads were new customers

Opportunities

RevTrax noted that this study included only large retailers with multiple physical stores. However, it might be worthwhile for small retailers to do an experiment like this to see its effectiveness. In using paid search ads to distribute coupons that can only be redeemed at a physical store, bricks-and-mortar retailers have a unique opportunity to gain back some ground from online retailers who usually have the edge with prices due to lower operating costs.

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As you may know, mobile search is growing, and it is growing fast. Mobile searches have quadrupled since 2010. Moreover, 50% of mobile searches lead to purchase, either online or in store. In the Australian market, 26% of smartphone users have made a purchase over their devices. More and more people are doing mobile searches for information, get directions, price comparisons, read reviews and buy online.  We have discussed these statistics and their implications for e-commerce in previous blog posts. Today, let’s look at setting up a Paid Search strategy for mobile devices.

How to get started

The AdWords interface now has many features integrated for setting up and optimising mobile search campaigns, so if you are already familiar with using AdWords, setting up a paid search campaign for mobile devices shouldn’t be difficult. Here are my recommended best practices for getting started:

1. Make sure you have a mobile-friendly website before you begin, or better yet, a mobile version of your website. It is important to give your visitors a good experience; there’s no point in paying for traffic that’s not going to convert because your site is ugly and awkward to navigate on a mobile device. If you’re not sure you have a mobile-friendly website, pull out your smartphone or tablet and take a look for yourself. Is it easy to browse? Is it easy to find your contact details? How about making a booking or purchase? Does it fit comfortably on your screen?

2. Create separate campaigns for mobile devices. People searching on mobile devices often have different user intent than people searching on computers, so you’ll want separate campaigns to target them effectively. Mobile searchers are aptly characterised by their mobility: they are out and about, on the go, looking for solutions to real-time problems. This is especially true for searches made for local businesses – there’s a good chance the user is nearby and ready to act. Someone who is searching from their home desktop or laptop does not have the same sense of urgency.

3. Enable the click-to-call feature so users can contact you directly from their search results.

4. Monitor the results of your mobile campaign to understand what you can improve to generate more traffic, conversions, lower your cost-per-acquisition, or whatever result you’re after.

5. Test!  Trial new keywords (both long tail and short tail), new ads and ad formats, different calls to action, etc. One of the unwritten laws of PPC is just because it’s “working”, doesn’t mean it can’t be better!

Need more help?

Google’s It’s not too late to be early with mobile advertising page offers plenty of free tools and educational material to help you set up your paid mobile campaign. Or if you have a question about an aspect of paid mobile search that I didn’t cover today, feel free to leave a question in the comments! :)

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Many businesses gauge the success of their SEO campaigns through their keyword rankings. But is this really the best way to judge the performance of your online exposure? In the past, maybe keyword rankings were considered a good measuring stick. But fast forward to today, and keywords are only one part of the search marketing equation.

So, why are you investing in SEO in the first place?

Sure, keyword rankings are a relevant performance indicator, but they should not be the primary goal of SEO. Let’s take a step back and re-clarify why you’re investing in SEO to start with: growing your business revenue or increasing your lead generation probably played a part in the decision, right? The fact that you appear at the top of search results for certain keywords does not necessarily mean you are doing either of those things. A more relevant aspect to consider is how much traffic your website receives. But not just any traffic …

NBOWT: a better measure of SEO success

Non branded, organic website traffic – let’s call it NBOWT – is the most direct and effective way to determine if your SEO efforts are actually producing anything worthwhile. Check your website analytics to see how many people are landing on your website, and where this traffic is coming from. If the number of new visitors from NBOWT is rising month-on-month, your SEO campaign is having effect. If there are no increases in NBOWT after a few months, it’s probably time to look for a new SEO strategy or provider.

Using NBOWT in your keyword strategy

Every business is different, but the same basic concept can be applied to all businesses when planning a keyword strategy. Start off by dividing your keywords into a foundation group and an indicator group. Your foundation keywords would be a set of around 10-20 broader keywords to guide your on and off page SEO. A set of 40-80 indicator keywords can then be used to measure the NBOWT roll on effect of your foundation keyword optimisation.

Monitor your analytics to see what keywords are starting to drive more traffic to your website. The key here is to move away from typing your keywords into Google to see where they appear, and to more closely monitor the number and relevancy of visits to your site. As you start to see an increase in traffic from both your foundation and indicator keywords, it’s safe to say you’re making progress toward your goals.

Putting rankings and NBOWT in perspective

Given the status and self-satisfaction that comes with high Google rankings (“Yes! I’m ranking above that other guy!”), people have fallen into the mindset that rankings are the most logical, if not the only, way to measure SEO success. But consider this: would you rather bask in the glory of high Google rankings, or have the increased revenue and leads that come from high NBOWT?

I’m not saying that the two are mutually exclusive. If a keyword is popular and relevant, ranking highly for it will certainly lead to NBOWT increases. But if you’re ranking highly for keywords that have low search volume, or are mostly searched by people outside your target market, you’re likely not getting closer to achieving your goals.

So what now?

The best way to ensure your SEO is on track is to take an active interest in your NBOWT. Some SEO providers may tell you that your campaign is going well – based on rankings. Others may tell you that things are going badly to convince you to increase your budget – again, based on rankings. While it’s usually preferable to leave SEO to the experts so you can get on with running your business, you should at least protect your investment by taking the time to learn how to tell if it’s working or not.

This overview of search traffic from Google Analytics is a great place to get started. If you have any other questions about NBOWT, please drop me a line in the comments below.

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Having a website online that can’t be found is equivalent to setting up a surf store in the desert. Pointless. Here’s a better idea: taking advantage of some of the awesome and readily available tools to get your online business in front of the right people.

For users of WordPress, I have compiled a list of tried and tested plugins that not only benefit your search engine optimisation, but take the hassle out of web content management. This helps you concentrate on more important things – like running your business!

Akismet – Comment Spam Prevention

Website: https://akismet.com/

Cost: Free for personal use, $5-$50 for business use

Description: Unfortunately, opening your site for public comments also runs the high risk of opening your site to automated spam messages.

SEO Benefits: Spammers are usually sending links disguised in poor quality comments. This can devalue your site’s SEO authority if the majority of outbound links point to content that is not relevant to your page content.

Benefits to You: Why waste time deleting hundreds of spam comments when you could spend the time creating conversations on your site with real people?

Sociable – Social Networking Buttons for Sharing

Website: http://wordpress.org/extend/plugins/sociable/

Cost: FREE

Description: Share your content across the web on all the major social networking sites, as well as lesser known bookmarking sites that may be relevant to your site.

SEO Benefits: With the recent changes to Google’s search results (Search, Plus Your World), it’s more than imperative to have social networking buttons on your site if you want to increase your search visibility.

Benefits to You: Share your content without even leaving your site!

WP Smush.it – Image Compression

Website: http://wordpress.org/extend/plugins/wp-smushit/

Cost: FREE

Description: This plugin will compress image files, strip file information and remove any unused colours from your images.

SEO Benefits: With page speed being a factor of on-page SEO, WP Smush.it allows your content to load faster while still retaining visual appeal.

Benefits to You: This plugin does all the work as soon as an image is uploaded. You don’t need to lift a finger!

All in One SEO Pack – Automatically optimises your WordPress site for search engines

Website: http://wordpress.org/extend/plugins/all-in-one-seo-pack/

Cost: FREE; Limited price of $39 for PRO version (usually $69 – includes ongoing support and upgrades)

Description: Many automated features including optimised titles and meta tags for blog posts.

SEO Benefits: All blog posts are automatically optimised when published – with override and advanced options for the more SEO savvy users. Also has Google Analytics support.

Benefits to You: Saves time, easy to use for beginners to advanced.

Related recommended plugins:  WordPress SEO (http://yoast.com/wordpress/seo/). Features include as above plus canonical URLs, RSS enhancements and XML Sitemap generation.

SEO Smart Links

Website: http://wordpress.org/extend/plugins/seo-automatic-links/

Cost: Free; Premium packages available ranging from $US79-299

Description: This plugin works to link keywords in your blog posts and comments to related blog posts, pages, categories and tags.

SEO Benefits: Automatically optimises the internal linking of your content.

Benefits to You: Saves time manually creating internal links; increased time on site by providing users with related content.

Related recommended plugins: Yet Another Related Posts Plugin (http://www.yarpp.org/). Lists related/recommended posts under your content to encourages users to continue reading your sites content.

 

There are hundreds, if not thousands more plugins not listed here created to make your website more visible, social and authoritative. Feel free to share some of your favourites with us!

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Link building – it’s a massive part of SEO and your online marketing agency will no doubt throw the term around on a monthly basis. You know it’s important, but do you really understand how it works?

While it is complicated, the good news is that Google’s algorithms treat links according to a set of very natural rules, as they would appear in…errr, nature. One particularly powerful and relevant analogy that I have found is to compare websites to people.

A website, like a person, says things in a lot of different conversations. Think of each conversation as equivalent to a page on a website. Some websites talk about a broad range of topics without much depth (like people without a burning passion or specialisation) while some talk about a narrow range of topics but delve into them deeply (a Subject Matter Expert). If you own a business, your website is most likely the latter.

Make sense? Great. So if a webpage is a person, what is a link?

…….

………….

If you guessed a link is a recommendation from someone else, give yourself a pat on the back.

Now, how are different links graded by Google? There are a huge number of factors, I will outline the major ones here.

Quantity
If a lot of people think that you are important or qualified enough to recommend, then there must be some element of truth in it. After all, where there’s smoke, there’s an arsonist.

Raw quantity used to be a huge factor in search engine rankings a few years ago. However, dirty SEOs in the late 90s built so many low quality, meaningless links with automated tools that Google started to look beyond just the quantity of links. It started to look at the quality of those links – just exactly who is recommending you?

Authority
Remember that scene in The Dark Knight, when Harvey Dent walks into a cocktail party full of rich big shots, all by himself? Remember how no-one paid any attention to him? How he shied away to a corner to talk to the butler?

What happened after that is a classic case of passing authority. Bruce Wayne lands on the rooftop in a chopper, steps into a room where he is recognised by everyone (lots of links!) with two gorgeous ladies on each arm (what lovely links!). In that moment, he is The Man. When he proceeds to make a speech about crime, heads nod. When he finally gives a massive prop to Harvey Dent, voila! Cheque books fly open. A thousand street urchins could have recommended Harvey and it would have convinced none of those millionaires to donate to Harvey’s cause. But just ONE recommendation from a power player did the trick for him.

So, getting links from authoritative websites such as Wikipedia or CNN count for way more than getting a bunch links from your mate Ranjit’s 2 week old PR zero personal blog (sorry Ranjit).

Relevance
OK, so you got Barack Obama recommending you, that’s great! What a huge authority boost for you! Fantastic!

Unfortunately, you’re not running for politics, you’re running for the Head of the Quantum Physics department at CERN. And, as much as El Presidente’s recommendation would impress people and improve your authority in their eyes, the experts would be unlikely to take that as a serious vote. A much better vote would be from Albert Einstein, who is both authoritative AND an expert in the field.

Similarly, links from relevant and authoritative websites are extremely powerful. A link from a high PR website related to your own website is the pot of link juice at the end of the rainbow.

Anchor Text
Great, so you’ve exhumed the great Nobel laureate for a recommendation and he has agreed as long as you stop badgering him and let him get back to sleep . A word to the wise – be SPECIFIC! If he says “you’re a great guy and a loyal drinking buddy”, that’s not as powerful as if he were to say “great candidate for Head of Quantum Physics at CERN”.

Relating that back to the internet, the anchor text (the text of the link as displayed on the linking website) is more powerful if it contains the keyword that you want to rank for.

Diversity
OK, so in your never-ending mission to become Head of the CERN Quantum Physics department, you have gone out and gotten a ton of specific recommendations saying “great candidate for Head of Quantum Physics at CERN” from Niels Bohr, Fred Alan Wolf, Erwin Schrodinger and all those cats (see what I did there?). You’re on track, right?

Not quite. It turns out those recommendations as a great guy and loyal drinking buddy are important to convince the hiring comittee that you are an all round good guy and that you haven’t actually gone around exhuming and harassing the corpses of dead scientists. While that kind of behaviour may seem fair game to you, it’s not – you will come off as one-dimensional at best and dodgy at worst (not to mention a bad drinking buddy).

In search engine terms, this means that you should mix up your links:

  • Anchor text – natural anchor texts are “click here” or your URL, but also include variations on the words you want to rank for, e.g. “great CERN Quantum Physics Head”
  • Types – a natural link profile includes image links, video links, social links, document links and a whole host of new media
  • Location – having links coming in from various countries is like having a worldwide fan base

Failing to keep a natural link profile can result in your website getting penalised and slipping down the ranks (it happens - Google recently penalised itself for getting bad links!). The word on the street is that anchor text is particularly high on Google’s hit list for 2012.

Growth Rate
You might be thinking this is all too complicated and you understand why you should have the professionals do it. So the next step is to call up your campaign manager and insist that he gets 1 million diverse, authoritative links built by the end of the day or you’ll have his head in a cat box.

Except that will get you banned too. Think about what would happen if Bob, your neighbour’s West Highland Terrier, got thousands of recommendations overnight from celebrities, luminaries and experts around the world. Would that strike you as suspicious?

Clearly, that story never happened. Instead, Bob contacted them all separately and asked them to recommend him gradually over time. He didn’t start at Einstein either – he knew that if his first recommendation was from Einstein, that would be suspicious. So he saved that one up for last and started instead with neighbourhood chemistry teachers and worked his way up, naturally.

So the key takeaways here are that your rate of link growth has to be natural and you can’t have the big hitters recommend you early on in your link building campaign (although you can have low authority websites link to you early and then build authority to them, which then passes on to you in a very powerful way).

And that, my friend, is why Bob got voted the Head of the CERN Quantum Physics department over you.

My Head Is Spinning, Please Stop!
That’s it, in a nutshell! Except, it isn’t. That’s just scratching the surface of link building. I could go into a lot more detail about link decay, internal links (hint: they are like self props from a confident person), domain authority v.s. page authority and a whole raft of other factors that affect link building. There is so much going on in the serach world related to link building, and at such a rapid rate that entire books have been written on the topic (and been rendered out of date by the time they get off the press).

However, if that little spiel piqued your curiosity and you really would like to learn more – why not apply for a job at E-Web Marketing? :)

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You may have heard about Google’s launch of Search Plus Your World last week, which sent spasms of outrage, delight and fear through the online marketing world. Or you may not have. Australian Google users aren’t yet affected by this controversial new update to Google’s search results, which is currently in the middle of a global rollout.

When Search+ (let’s call it that for short) does hit your Internet in the very near future, though, you’ll probably sit up and take notice. Google’s SERP layout has never looked anything like this. Google’s algorithm has never pulled information like this. This Google is a new, strange (and possibly antitrust law violating – but we’ll get to that later) beast.

What is Google Search Plus Your World?

Here’s the official line from Google about what Search+ is and the benefits it’s meant to offer:

We’re transforming Google into a search engine that understands not only content, but also people and relationships. We began this transformation with Social Search, and today we’re taking another big step in this direction by introducing three new features:

1. Personal Results, which enable you to find information just for you, such as Google+ photos and posts—both your own and those shared specifically with you, that only you will be able to see on your results page;
2. Profiles in Search, both in autocomplete and results, which enable you to immediately find people you’re close to or might be interested in following; and,
3. People and Pages, which help you find people profiles and Google+ pages related to a specific topic or area of interest, and enable you to follow them with just a few clicks. Because behind most every query is a community.

Sounds simple enough, but there are two glaring caveats. First, you need to be signed up for Google Plus (abbreviated to G+), the social network Google introduced in June last year, for Search+ to start working. (At least for now; my bet’s that Google is already working on ways to get around this and deliver Search+ results to people who point blank refuse to sign up for yet another social network.) “Start working” being the operative phrase: early reports from SEO legend Danny Sullivan and others reveal that once activated, Search+ still promotes results from the G+ network if users are signed out. And not necessarily results that users have any current affiliation with (more on this later).

Second – and this is the one that really has search marketing and competition law experts in an uproar – the social results are almost all pulled from the G+ network. Flickr and a few other smaller networks get a look in, but Facebook and Twitter are left out completely. Google claims the omissions are due to Facebook and Twitter not giving it permission to use their data; Google critics claim that the search engine giant is unfairly promoting its own products ahead of more relevant search results. The United States Federal Trade Commission, already investigating Google for alleged antitrust practices, has added that complaint to the list.

While this nuances of this debate are fascinating to those of the online marketing geek persuasion (e.g. me), I’ll leave that alone for now and focus on the really important questions: How will Google Search Plus Your World affect you? And how should you prepare to play nicely with it?

These are questions that merit two sets of answers: one for when you’re using Search+ as an individual consumer, and another for when you’re considering it from an online business perspective.

How Search Plus Affects Individuals and Businesses

A bit of background: Search+ relies heavily on the information contained within your Google Account. When you browse the Internet while logged into any Google service such as Gmail, Google collects data about the sites you visit and uses it to personalise your experience. If you’re into cars, for instance, you’re more likely to get results about cars than cats for the search [jaguar]. You’ll also see a different range of ads than people who are bicycle enthusiasts.

Google has been personalising search results in some way or another since 2005, and universally since 2009 (even when not logged into a Google Account, by using data stored in your browser’s web history). Unless you get weirded out by the Big Brother-esque privacy aspect (yes, Google is watching you), personalised search is a good thing because it usually makes finding what you’re looking for easier.

Now, with Search+, “personalised search” takes on a whole new meaning. Probably “socialised search” would be the better way to describe it. Instead of search results taken only from the open web, Search+ gives you a mash-up of results from both the open web and results that have been shared with or recommended to you by people in your G+ network.

Since this isn’t working in for users in Australia just yet, I’m using these screenshots posted by Google Fellow Amit Singhal to illustrate what Search+ results look like:

Amit Singhal's Search Plus results

Amit Singhal's Search+ results for "chikoo"

This search, performed for [chikoo], displays a few of the changes you can expect from Search+. The red arrow points out 50 personal results from Singhal’s social networks, while the green arrow shows where he can toggle between personal results and results from the open web. The yellow arrow highlights the image results for [chikoo], which is the name of both Singhal’s dog and a type of fruit. These show some online pictures of Singhal’s dog that he posted online himself, and others posted by his wife and shared with him via G+. These take precedence over the fruit images.

As an individual: I think this will improve my search experience in the long term. I’ll especially enjoy seeing recommendations from my friends about restaurants, books and TV series I should check out. In the short term, though, I expect my Search+ results will probably get mucked up with various irrelevance from acquaintances in my G+ network. Just because I G+ connected with someone I met in a Thai backpacker bar, does not mean I’ll find his views on the share market to be qualified or valuable. While Search+ allows you to switch off results from individual G+ connections, the fact that this requires manual effort and some familiarity with using the G+ interface will be intensely annoying to some people. Indeed, many would prefer to be able to opt in to the Search+ way of doing things, instead of having to research how to opt out.

As a business owner: Damn. I need to set up a G+ profile page for my business, link it to my website, and learn how to use it so people will share my content with their networks. Annoying because I already have a Facebook page and more people use Facebook than G+, but Google is pretty much forcing my hand here. If my competitors are using G+ and I’m not, they’re going to start showing up in Google more than me – even to searchers who are signed out. This is no longer about social visibility, but search visibility.

Next up, we have Singhal performing a search for a friend with a common name, Ben Smith. Singhal and Smith are connected on G+, so Smith’s G+ user profile is suggested by Google’s autocomplete algorithm. If Singhal does complete the search for Ben Smith, he’ll only get information about that particular Ben Smith (made possible through Google’s recent introduction of authorship markup).

Search Plus results for [ben smith]

Search+ results for "ben smith"

As an individual: This could be useful, if I had two friends or followed news about two people with the same name. The drawback is that both those people would need to set up G+ profiles in order for it be very effective.

As a business owner: I look at how prominent the Ben Smith profile is both the autocomplete search box and in the results themselves – another reason the antitrust watchdogs are up in arms about Google pushing its own products ahead of everything else – and realise that I need an active personal profile on G+ as well. Every time I make a blog post, I want Google to know about it and attribute it to my G+ profile. That way, the people in my G+ network can easily find it and share it with the people in their networks. Even more than that, having both a business and a personal profile linked to my website will increase the “social relevancy signals” being sent to Google, which will in turn increase my chances of appearing in Search+ results. And after seeing the examples of Google favouring G+ pages over regular web pages, I’m not taking any chances.

Lastly, here’s a section of Singhal’s Search+ results page for [music], showing the G+ profiles of prominent musicians. He has not added them to his G+ circles (adding to circles = the G+ equivalent of liking or following on Facebook), but Search+ is suggesting he should, and gives him the option to do so straight from the search results.

Search+ results for "music video"

Search+ results for "music"

As an individual: Okay, this one annoys me a bit. The term [music] is much too broad to justify returning something as insanely specific as the names of three popular artists. I suppose the logic is sound enough from a “socialised search” point of view: Britney Spears’ profile is popular. Over 1.1 million people have “encircled” her. The part that I find offputting is that this is so obviously a huge ad campaign to get more people on the G+ network, complete with a call to action: “Learn how you could appear here too”. It’s even smack bang in the top right of the SERP – exactly where we’re used to seeing Google AdWords ads. Not that I mind ads so much – it just seems brazen of Google to try to pass off their ads as genuinely relevant search results.

As a business owner: If I had an AdWords campaign running I’d be pretty worried by this screenshot. This is the right hand side of the screen, but the space traditionally reserved for AdWords ads has been usurped by this giant G+ ad. The fact that Google is sacrificing what probably amounts to millions in ad revenue to push their social network is another sign I shouldn’t take it lightly.  This set of results for [music] is just the tip of the iceberg: right now Google’s ad campaign is leveraging pop culture icons to entice more people to use G+, and once that’s achieved, it makes sense they might start showcasing G+ profiles for searches that are less mainstream than [music] … such as the keywords I’m targeting in my SEO campaign. It will probably be on a smaller scale, with AdWords ads returning to the SERP after the initial G+ marketing blitz – or it may not occur at all. But even if it doesn’t, with Search+ set to strike Australia any day now, I’d be stupid to ignore G+.

While there is a lot more information about G+ and Search+ that I haven’t touched on, I hope this post has provided a useful overview, whether you are reading as an individual consumer or an online business manager. If you’re interested in learning how to use G+, I recommend going straight to the source and let Google show you the way.

Getting Started with Google Plus

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Now that we’ve dispelled all rumours regarding social media’s inability to add value, let’s cover something more advanced. Integration.

Social media is everywhere, linked to everything, and constantly shifting the marketing landscape. But Google’s latest innovation, “Search Plus Your World”, has turned social media into air… You need it to survive. More-so than ever, there is a need for social media to be a part of any successful online marketing campaign.

So how does it work? Essentially, Google will now find content that’s been shared with you privately along with the standard search results field you’re currently accustomed to, all at once. Suddenly the importance of every consumer sharing positive stories and links about your brand, product and service grows exponentially. Now it will come up in people’s relevant searches. The personalised results will include the following:

  • The normal search results
  • Search results that are pushed higher in ranking because your own behavioural patterns
  • Search results that are pushed higher because of what your social connections are doing
  • Public Google Plus posts
  • Private Google Plus posts that have been shared directly with you

Now currently Google’s latest innovation only takes into account content shared on its own social media network, Google Plus. This has caused some controversy, as many claim that it’s simply a way to favour its own content and leave competitors in its wake. However, Google has publicly said that it’s open to using this system with other social networking sites like Facebook, Twitter and Flickr.

What does this mean for you business? You need a social media campaign. Now.

AOL along with Nielsen released a remarkable study revealing 27 million pieces of content are shared on a daily basis – not including social networking sites – of which 60% mention a brand or product name. As for social media, every 20 minutes on Facebook there are over a million links shared, almost two million status updates, and almost three million photos uploaded. How many of those do you think are related to a brand, product or service? Now imagine if all those shared stories, photos, links, comments, videos and blog posts are integrated into Google’s search results. What does that mean for your business? How will you perform against your competitors who have fantastic social media campaigns and are all over the internet?

Just some food for thought.

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“Socialnomics” is a foreign term to most businesses. Many companies are still set in outdated mind frames. Too afraid of change, and too afraid of what they don’t understand. Yet rather than educate themselves to stay ahead of their competition, they stubbornly refuse to budge. The result? Failure. If not today, then probably tomorrow.

At its core, Socialnomics is social media’s undeniable ability to create and grow returns for individuals and businesses on an exponential scale. It’s now gotten to the point where the argument that social media is merely “a fad” becomes ludicrous, that social media is “just for socialising” becomes blatantly incorrect, and that social media “can’t generate profit” is naïve.

Let’s dispel two of the most popular misguided beliefs about social media.

Myth #1: Social media doesn’t provide value for a business

Let’s start with the big guns. 43% of all online consumers are social media fans or followers. You’re talking about billions of people. The newly-coined term “World of Mouth” has never rung more true. Anything that somebody says now goes global in the time that it takes them to click a button.

So imagine, as a business, what kind of impact and reach you could have via social media? Facebook now tops Google for weekly traffic in the U.S. Meanwhile, in the U.K., 50% of all mobile internet traffic is for Facebook. What does that mean for negative customer experiences? All it takes is one bad incident and suddenly half the world is sharing their frustrations online.

77% of consumers said that they interact with brands on Facebook by reading their posts and updates. 17% of consumers share their own experiences and stories in relation to the brand. And most importantly, 56% of consumers said they are more likely to recommend a brand to a friend after becoming a fan on Facebook. So why are 95% of Facebook posts not answered by brands? Think about the opportunity that exists to create, nurture and strengthen the bond between consumer and brand. You could turn your average consumer into a loyal, life-long customer and brand advocate.

Now more than ever, it’s important open the lines of communication with consumers and really listen to what they want, rather than telling them. They’re the reason that businesses exist, and social media provides the tool to spread a global message and establish a passionate following.

Myth #2: Social media doesn’t compare to traditional advertising

Social media is growing faster than any other interactive marketing category, with a 34% compound annual growth rate (CAGR), which is expected to top $3.1 billion by 2014. On top of that, social media is actually trackable. I’m not entirely sure that much of the advertising and marketing world understands just how vital that is.

If you create a TV campaign that’s expected to be seen by 50 million people, how do you know that they’ll watch it? What if they have TiVo or DVR and skip it? What if they go to get a snack? What if they suddenly change the channel?

If you create a billboard that’s expected to be seen by 5 million people, how do you know that people like it? How do you know that people are looking at it rather than just driving by and looking in the other direction?

If you create a social media campaign, you know exactly how many people it sees. You get immediate feedback. You can update and improve the campaign daily to make sure it remains relevant. It’s just as creative, and definitely more interactive. And it’s much, much cheaper than any other medium.

Have you seen Volkswagen’s Star Wars commercial? If not, you should. Here it is for you:

This ad was run during the Superbowl in America at the bargain price of $3 million per 30-second slot – for which they paid several. It reached around 75 million viewers. Sounds like a pretty good deal, right? However, Volkswagen also uploaded the video to YouTube and it has now reached over 50 million views. Take into account that it then made it onto almost every news channel, talk show, advertising and marketing magazine, as well as being re-posted on a huge number of blogs, Facebook and Twitter. The audience it reached was well over 50 million. For free.

So for those of you who want to know what your ROI from social media is? It’s that your business will still exist in 5 years. Because put simply, without social media it probably won’t.

Socialnomics. Believe it.

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The below was originally posted on www.mobilemediamarketing.com.au

With the marketing community trending towards the mobile channel for ways to target consumers, as a business owner or manager you must be wondering whether or not your business needs to head down this path as well. Is it worth investing time and money? What if it doesn’t work? Where do I start?

Start with a mobile friendly website.

It’s as true as it ever was that you must go where the consumers are in order to capture their attention. Cast your mind back to when you got your business online, got yourself a website. What were the main reasons? Were any of the list below part of the equation?

  1. Statistics showed consumers were starting to use the internet more
  2. Your competitors had websites
  3. Customers started asking if they could find more information online
  4. Access to the internet was becoming more widely available

If you answered yes to any of the above then today you should be asking yourself the same questions, except this time in the context of a mobile friendly website.

  1. Do statistics show consumers using the internet via their mobile devices more?
  2. Do my competitors have mobile websites?
  3. Are more and more consumers looking for information on my website via mobile devices?
  4. Are there going to be more mobile devices owned with internet access in the future?

Here are some pertinent statistics to get you started:

  1. 78% of shoppers surveyed have looked instore but purchased online from a competitor using their smart phone (www.powerretail.com.au)
  2. Smartphone market penetration is highest in Australia at 37%, with Singapore behind in second place (Google ThinkMobile 2011, Sydney)
  3. 66% of local searches are from a mobile device – half of these searches result in an action (Google ThinkMobile 2011, Sydney)

Regarding question 2, investigative work will help you find out whether or not your competitors have a mobile friendly website. For question 3, use your website analytics – just filter out the visitors to see if there is an increase in mobile visitors over time.

One last point. It’s imperative that you do set some goals and objectives for your business before committing to a mobile website for the sake of it. The last thing you want to do is invest time and money into it and regret it because it hasn’t generated any ROI. Every investment should have a perceived future value, otherwise you might as well save yourself the time and money.

Are you planning on going mobile any time soon?

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As you’d expect, there’s a lot being predicted in the blogosphere right now about SEO in 2012. The trouble is, search engine optimisation moves so fast that looking at the current year is no longer interesting – so I’m going to be sneaky and try to predict what will happen in 2013! No harm in getting in early, is there?

My SEO Forecast for 2013

  • Social metrics will continue to factor massively in Google’s search algorithm. The number of times a website has been liked, shared, +1′d, etc will become even more important – though not a magic bullet. The bricks and mortar of traditional SEO – relevant content and authoritative links – will still play a big part in SERPs visibility.
  • With the ready availability of heat mapping and A/B testing tools and services, Google will be even less forgiving of websites that make visitors jump through needless hoops. Ensuring that users have a pleasant experience will always be at the top of Google’s list.
  • Keyword traffic to web pages ranked below 3rd position in Google will decrease as users become less dependent on search engines to find information. On the flipside, non-search engine traffic sources will increase for many websites.

Just to be clear – this is NOT another post predicting the “death of SEO” – we’ve seen enough of those this year and every year for the past five years before that. But as an online marketer who is more dependent on search engine traffic than I’d care to admit, I think it’s time I started looking at other avenues well before 2013 rolls around. Are you planning on doing the same?

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