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Preparing for the Worst: Bad Online Economic Data Just in Time for Black Friday

It’s the day before Thanksgiving, where you show up at the office, but you’re really thinking about tomorrow’s good meal. You’ve worked hard to set up those search marketing campaigns to run strong on Black Friday and Cyber Monday.

So, I really hate to bring you the bad news, but keeping it from you would be a disservice.

Let’s just rip off the bandaid.

First up, eMarketer has lowered its projections for online advertising spending for 2009. The new growth number is 8.9%, down from 14.5% projected in August. They’re also expecting a long recovery, projecting 2010 growth to be just 10.9%. In five years, things will still be slower on the uptake (than in recent years). Projections for 2013 growth are at 13.5%. Silver lining: some of the tapering off is likely due to market saturation and not just the economy.

emarketerprojections112608percent.jpg

Next, eBay’s traffic is declining. In January of 2007, eBay saw 62 million unique visitors. Last month, they saw just 49 million. Sure, not all of that was due to the economy, but dipping below 50 million can’t be good for eBay.

I saved the worst for last. comScore has released data showing that online consumer spending for the first 23 days of November was down 4% from last year. That’s not a slow down in growth people, that’s flat out shrinkage.

But I’m not a total Scrooge. Unemployment numbers were better than expected this week. And at least one Slate columnist explains why fears of another Great Depression could be overblown (let’s hope he’s right!).

As we overdose on turkey, stuffing and pumpkin pie, let us not forget the ultimate strategy for marketing, business and life in general: Hope for the best but prepare for the worst.

Related Reading:
Selling SEO During an Economic Downturn
E-commerce Growth Slows to Just 1% in October 2008
Online Advertising Networks Struggle As Industry Growth Slows

Microsoft, Yahoo Take Major Hits in Nielsen Online Search Share Rankings for October 2008

Microsoft and Yahoo took a tumble in their year-over-year search share in October 2008, according to Nielsen Online. All searches were down 2%, which is quite surprising considering the election and the economy. Yahoo was down 12% and Microsoft was down 19%. Ask.com took a hit as well with a decrease of 22.9%

The news was much brighter for Google and AOL. Both saw sizeable increases at 8.1% and 14.5% respectively.

Google continues to dominate the search engine industry at a 61.2% market share.

Here’s the full chart:

nielsen112508.jpg

Related Reading:
E-commerce Growth Slows to Just 1% in October 2008

Christmas Gifts Ideas from Lycos Before Thanksgiving Day

Okay, I understand that we’re all trying to “give a jolt” to the economy. But I was still surprised today when Lycos provided a list of Christmas gift ideas two days before Thanksgiving Day. Aren’t we all supposed to wait until Black Friday?

Nevertheless, for shoppers who like planning ahead — or for online retailers and etailers looking for what will be hot this holiday season — Lycos just announced its ninth annual list of the most popular toys and video games, based on web search activity.

(For a complete list and commentary of the Lycos Top Toys and Video Games of 2008, go to the Lycos 50. You can also voice your opinion on this year’s list, and weigh in on weekly Internet trends and pop culture on the Lycos 50 Blog or follow the Lycos 50 on Twitter.)

apple_ipod_classic_1.jpg It shouldn’t come as a shock that Apple’s iPod holds the top spot as the #1 most-searched for toy this holiday season. But this year, the Apple frenzy includes hot-searched items like the iTouch and iPod Nano.

Harry Potter, at #11, makes a fifth consecutive appearance in 2008, with Harry Potter games, books and DVDs dominating Harry Potter-themed searches.

New in 2008 is KOTA, the Triceratops Dinosaur (#15), generating more search interest than Fisher Price’s New Elmo Live (#19). Meanwhile, not so hot in 2008 are Hannah Montana-related toy items, which made a big splash in 2007, but fail to make this year’s list.

Spongebob Squarepants (#14) takes over as the top licensed character-themed toy of 2008. Spongebob was last seen on the Lycos Top Toy list in 2005. And when it comes to dolls, Barbie (#6) continues to reign, extending her run on the annual Lycos list of Top Toys and Video Games to nine consecutive years of appearing in the Top 10. But there’s not enough data on Caribou Barbie to see if that will be a big hit this year — let alone in 2012.

Gaming consoles see a big resurgence in search popularity in 2008, with the Nintendo Wii (#10) capturing the most search interest, generating 25% more search activity than the Xbox 360 (#12) and Playstation 3 (#13). Also seeing a resurgence in 2008 are old school classics like Monopoly (#17), despite the current housing market.

Five of the top 25 toys in 2008 originate from the popular world of anime including Naruto (#3), Pokemon (#4), Dragonball (#5), Inuyasha (#7) and Gundam (#16). Meanwhile, one new toy making the 2008 list may be unfamiliar to most adults, but if search activity is any indication, expect the Bakugan Battle Brawlers (#24) to be flying off the shelves this holiday season.

On the video game front, the massive multi-player game RuneScape (#1) scores big with web users for the fourth consecutive year as the most-searched video game of 2008, while Final Fantasy makes its first appearance on the list since 2005, with Final Fantasy XIII (#3). Also racking up points online, making first-ever appearances on the top video games list, are war-themed games including Call of Duty: World at War (#9) and Gears of War 2 (#14), while Guitar Hero World Tour (#8) and Wii Fit (#15) are the most popular Wii-themed games based on web searches in 2008.

Also new in 2008 are Xbox 360 and PlayStation 3 games Fable 2 (#17), Fallout 3 (#18), Street Fighter IV (#10), Dead Space (#19), Far Cry 2 (#22) and BioShock (#25). This also marks the fourth consecutive year the Madden football-themed games fail to make Lycos’s Top Toys and Video Games list.

As for me, I don’t do any Christmas shopping until the very last minute. That way, I don’t have to figure where to hide presents where my three kids (or wife) can find them before December 24th. Yep, when I say “last minute Christmas shopping” I mean last minute shopping. You’d be surprised how simple decisions are on Christmas eve.

LinkedIn’s New Search Platform Goes Live

A month ago, LinkedIn unveiled its new search platform. Now they’re rolling it out to their 31 million users.

Here’s what you can look forward to in the new search platform:

Suggestive Search - When you type into the search box, a list of suggested names from your contacts pops up. You can select one of the names without having to type in the whole thing. I think this might come in handy when you’re having a hard time remembering a name. Maybe you remember the first letter or the first name, but the rest of it just isn’t coming to you - this can help.

Streamlined Search Results - LinkedIn changed the design to make it easier to scan the results. They also added photos. Results can be sorted by relevance, which includes the social graph, or by relationship, relationship + recommendations, and keyword.

Customizable Views Users can determine what info they want returned in their search results. Just click the “Views” drop down menu (next to the “Sort” drop down menu at the top of the results). You can decide whether you want to view headlines, photos, locations and more of the people returned in a search.

Take Action Straight from the Search Results When you mouse over a result, you’ll notice links that let you take action. You can send InMail, get introduced (through a common contact), or add that person to your network.

Modify Your Search On the right hand side of the results, you’ll notice a form where you can type in additional information to narrow your search down and pinpoint it to more exact specifications. You can search by name, job title, company location, and school.

Save Your Search If you want to return to the results, you can save your search. This is a good idea if you’ve modified your search or customized your view.

Check out this video to get a good visual for all of the above:

Of course, you’ll need to be signed in to LinkedIn to take advantage of all the features in the new platform. Not LinkedIn yet? Our own Carrie Hill explained why you need to be in her article, Small Business Owners Need Twitter and LinkedIn.

Head over to LinkedIn and give the new search a test drive. Then come back and let us know what you think in the comments.

Is Live Search Renaming A Miva Move?

Seems Microsoft is moving to finalize the renaming of Live Search to Kumo, according to LiveSide.net. The possibility has been discussed at various times this year.

Renaming and branding moves by search engines have not had much luck. Ask.coms removal of Jeeves seemed to hurt them, FindWhat and eSpotting merger and rename to Miva definitely impacted the companies, so there is data for not making the changes.

True GoClick to Overture went okay - but then they had a great product in a growing market - just like BackRub and Google…. but that was really prepublic launch.

If the move goes through will be well worth tracking.

Do You Know What The Description Meta Tag Is?

If you have been following various SEO blogs and web sites, then I am sure that you are familiar with the description meta tag. After all, it is one of the most basic (and important) considerations when optimizing your site. However, just in case you are not familiar with it, the description meta [...]

Eulogy Examples For Father - How to Use Examples to Write the Ultimate Father Eulogy

It is never easy to write about someone who has just passed away, especially if that person is your father. Your father is an important figure to you and writing about his life will undoubtedly feel l…
More: continued here
eulogy examples for father how to use examples to write the ultimate father eulogy

MapQuest Incorporates Personalization Feature

MapQuest is bringing personalization into their online and mobile mapping offering. Dubbed My MapQuest, the feature lets users save routes and maps, giving them access later whenever they need it.

My MapQuest pages can be created through an AOL account or an OpenID account. You can set language and mileage preferences as well as store mobile numbers and addresses.

The feature will be rolled out to MQ4M (MapQuest for Mobile) for Blackberry soon. Initial Blackberry models will include AT&T BlackBerry Bold, Verizon BlackBerry 8830 and 8330, and T-Mobile BlackBerry 8300, 8800 and 8820.

“The launch of My MapQuest continues MapQuest’s commitment to innovation and improving the user’s experience. Our studies have shown that our customers want a personalization feature that includes the ability to save previously searched addresses,” said Christian Dwyer, Senior Vice President and GM, MapQuest. “Giving our users the ability to save not just maps but also their routes sets us apart and extends MapQuest’s commitment to offering users choice and flexibility.”

Related Reading:
MapQuest Updates Widget and Local Content
MapQuest Now Optimized for the iPhone
MapQuest, Google Launch Blackberry Mobile Apps
MapQuest Launches Local Portal

Ballmer on post-Yang Yahoo! Acquistion: What Part of No Did You Not Understand?

After news came that Jerry Yang would be stepping down as Yahoo!’s CEO, the immediate reaction by analysts, Wall Street, and your neighbor’s cat was: MICROSOFT ACQUISITION TIME!

But Steve Ballmer, CEO of Microsoft, is saying: Not so fast.

Ballmer has said time and again that Microsoft has moved on from the possibility of returning to the good ol’ days of negotiating a Yahoo! acquisition.

And while it’s tempting to think that he’s just waiting for that stock to drop to around $2-3 a share (hey, only $6-7 more to go!), consider this: Yahoo’s VP of Search Technology, Sean Suchter is leaving the Sunnyvale search engine. And I hope he likes rain and coffee, because rumor has it that he’s headed to Microsoft.

That rumor was reported by none other than Kara Swisher, who is pretty much never wrong. The only thing I’m wondering is: Where’s the noncompete agreement?

Amidst the rumors and denials, one thing is for sure. No matter how much Ballmer would like the speculation to end, it won’t.

Workshops Offered by Direct Marketing Association and TopRank Online Marketing

TopRank Online Marketing and the Direct Marketing Association have just announced a partnership to develop and deliver a series of educational workshops on social media marketing entitled, “Social Media Smarts: Introduction to the Social Web, Tools and Tactics.”

With marketers facing tighter budgets in the coming months, social media marketing offers new opportunities for companies to engage customers, improve brand awareness and increase sales with budgets that are more recession friendly than many traditional marketing efforts.

Lee%20Odden%20and%20Greg%20Jarboe%20at%20SES%20San%20Jose%202008.jpg Leading the workshop will be Lee Odden, CEO of TopRank Marketing, who will introduce participants to the marketing opportunities with social media through best and worst practices examples. As you can see from the photo in this post, I’m much taller than Lee.

But, according to George Markham Director, Education Services at Direct Marketing Association, “Lee is a well rounded digital marketer uniquely qualified with over ten years experience as an internet marketing consultant and a background in corporate training.” Markham adds, “As a consultant working on the front lines of social media marketing for companies large and small, Lee brings first-hand knowledge and real-world examples to teach attendees how to develop a successful social media strategy.”

But I’m still taller.

The Social Media Smarts workshop will provide attendees with insight into blogging and blog marketing, social networks, microblogging, social news and bookmarking, video sharing, image and audio sharing, wikis and social media analytics.

Rounding out the workshop is a social media strategy exercise that will empower attendees to create their own social media strategy and develop a framework for building a business case within their organizations.

Lee is quoted in a press release as saying, “As a high demand digital marketing and PR agency, we’re seeing tremendous benefits from educating in-house marketing staff on the finer points of social media marketing.” He adds, “Offering both good and bad social media marketing examples along with strategy, tools, tactics and analytics can really empower companies to succeed.”

Now, I’ve served on panels with Lee. I know Lee. And that’s exactly the way Lee talks.

The first of the Social Media Smarts workshop series will be conducted in New York, December 4th and 5th, at the Microtek training facility in lower Manhattan. If you are in the nieghborhood, drop by and heckle Lee.

And remember: I’m taller. Actually, I was standing on my toes for this photo. Lee’s actually pretty tall, too.

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