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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

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.

Google AdWords Display Ad Builder Gets Four Updates

Last month, Google AdWords launched a display ad builder. And already the tool is getting updates. According to the Google AdWords blog, here’s what you can look forward to:

  • Image picker: You can now choose from previously uploaded images when creating your ads.
  • Real-time editing: See what your text and other customization edits look like, automatically — without having to click the ‘update preview’ button.
  • Quicker way of seeing available ad sizes: You can see which sizes your ad can run in for each ad template without having to complete the ad creation process. You can also preview how your customization choices affect each size.
  • Additional templates: Choose from even more templates for customizing your ads.

Have you used the Display Ad Builder? What are your thoughts? Share them in the comments.

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.

Trulia Partners with Placecast for Audience Targeting and Dynamic Messaging

Real estate search site Trulia has partnered with Placecast for audience targeting and dynamic messaging. The goal is to improve the relevancy of the ads appearing on their site.

Placecast will use its proprietary targeting algorithms to generate ads based on the real estate locations in which a user expresses interest. The ads will also take into account demographic and psychographic data points.

“Turning locations into audiences is one of the biggest challenges facing advertisers today,” said Sean Black, Vice President of Sales at Trulia. “Trulia presents advertisers with multiple opportunities to serve very targeted ads based on location and consumers search behavior. Placecast is a cutting edge media company and we are excited to be working with them and their clients to build and deliver successful campaigns.”

Related Reading:
Trulia Rolls Out Three New Interactive Features
Real Estate Search Engine Trulia Adds New Depth, Features
Trulia Distributing Its Maps To Local Realtors

Live from San Francisco, It’s YouTube!

This Saturday, YouTube will be hosting its first ever live streaming event. The broadcast will feature a music and variety show being held at Fort Mason Center’s Herbst Pavilion in San Francisco.

The event begins at 8pm EST and will feature Soulja Boy Tellam, Will.i.am, Tay Zonday of Chocolate Rain fame and a bunch of “talent” from the YouTube community.

Thankfully, Ask a Ninja will be there. He’s one of my favorite YouTube sensations of all time.

Most importantly, there will be dance. But will it top Justin Timberlake as Beyonce’s backup dancer on that other live variety show that airs on Saturdays last weekend? Me thinks not. (Dangit. NBC has still NOT posted that skit on Hulu.com. Really, NBC?)

Related Reading:
YouTube Rolls Out Sponsored Videos
YouTube Adds Search to Embeddable Videos
Yellowbook and YouTube Enter Content Distribution Partnership

3 Tips For Good Page Title Tags

I hope that I have gotten your attention with regard to page title tags. As I mentioned before, not everyone really pays attention to these. If you just want to blog or create a web site without really focusing on SEO, then that should be just fine. However, if you have the [...]

24/7 Real Media is Fastest Growing Top 10 Ad Network

While some sectors in the economy are struggling, 24/7 Real Media brings some much needed good news. They are the fastest growing top ten ad network in the six months ending October 2008, according to the comScore Media Metrix report.

24/7 grew by 36% and now reaches 135 million unique users. That’s 71% of U.S. internet users.

“We will continue to diversify our publisher network to provide advertisers with unmatched targeting and reach, to accomplish their specific program goals and experience increased ROI for every campaign,” said Ari Bluman, president of North American sales and operations for 24/7 Real Media, Inc. “As a result of our robust targeting options and tremendous reach, we have one of the highest performing networks available.”

Related Reading:
WPP Seals Deal to Acquire 24/7 Real Media
Yahoo, WPP Partner To Sell Ad Inventory
24/7 Real Media Launches B2B Ad Network

Do You Pay Attention To Title Tags?

To be honest with you, I never really paid much attention to this.  As I was going through Google’s Search Engine Optimization Starter Guide, which I talked about in the previous post, I was hit by the realization of just how important the page title is.  According to the guide, the purpose of the page [...]

Twitter Updates for 2008-11-15

New Article - 3 Search Engine Tips to Grow Your Internet Home Business Posted By : Mah.. http://tinyurl.com/5krts6 #
Twitter Updates for 2008-11-13: links for 2008-11-12: A Residual Income Home Business? What If This.. http://tinyurl.com/5dpfqv #
New Article - Happy Life, Good Money, Fullfilling dreams this is opposite name of adse.. http://tinyurl.com/5a7p9r #
New Article - Secret tips [...]

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