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Only 11% of Social Network Users Will Make a Purchase Based on Advertising

It’s no secret that social networks have had a difficult time integrating advertising that has a bang for its buck. IDC has released some data showing what social networks - and advertisers - are faced with.

Only 57% of social network users have clicked on an ad in the last year versus 79% of all users in the rest of the web.

When it comes to purchasing, only 11% of social network users will actually make one compared to 23% of the rest of the internet.

“The thinking has been that the popularity of SNS will attract a big audience and generate a lot of traffic, which in turn will produce enormous amounts of user-generated content (UGC) and therefore advertising inventory – without any expenses for editorial staff or content distribution deals,” said Karsten Weide, program director, Digital Marketplace: Media and Advertising. “All of the above has proven true – except that almost invariably, SNS have had a hard time selling this inventory.”

Related Reading:
The Number of Small Businesses Using Social Media to Double in 12 Months
MySpace Launches Self-Service Ad Platform
93% of Americans Expect Companies to Have Social Media Presence

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

WebTrends Taps Microsoft, Yahoo Vet as VP of Marketing

Former Microsoft and Yahoo employee, Jascha Kaykas-Wolff, is heading to WebTrends to become their Vice President of Marketing. Kaykas-Wolff comes to WebTrends directly from a business consulting firm, but previously held senior management roles at Microsoft and a management role at Yahoo.

WebTrends CEO Alex Yoder said, “Jascha is a veteran digital marketer, and brings a successful track record of developing and executing strategies that enhance customer experience and deliver meaningful results. His background with Internet and software companies, along with his first-hand experience with WebTrends, has ideally prepared him to lead the delivery of WebTrends’ vision and solutions to the marketplace.”

Related Reading:
WebTrends Releases New Online Analytics Tool
WebTrends Launches New Service to Reduce Wasted Ad Dollars

Google ‘Layoffs’ Are Actually Cuts to Contractor Workforce

On Sunday, Web Guild spread fear around the internet by ‘exposing’ Google’s quiet layoffs, which were said to be upwards of 10,000 employees. And Google was supposedly getting away with it through secretive loopholes that only corporate lawyers know about. They were hiring workers and not paying them benefits.

Actually, those people are called independent contractors and they knowingly enter into those agreements.

Google is reducing its contractor workforce, but it’s something they’ve had planned for a long time. Of course, the timing of implementation couldn’t be worse. Especially since contractors generally don’t get unemployment benefits once terminated. Independent contractors are essentially self-employed.

Related Reading:

Google Q3 Revenue Increases 31% Year-Over-Year, Up 3% Over Q2 2008
Google Pulls the Plug on Lively

SEW Experts: 25 Design Best Practices for Your Small Business Web Site

Search Engine Watch Expert - Carrie HillWhether you plan to hire a designer or figure it out for yourself, there are definitely some best practices you should follow when designing your Web site. In today’s small business search engine marketing column, “25 Design Best Practices for Your Small Business Web Site,” Carrie Hill offers a list to get a good start on finding the best Web site platform and design elements for your businesses audience.

» Full story

Retail Search Ad Spend Up 33% So Far in Q4 2008

SearchIgnite has released data showing that the search ad spend for retailers is up 33% so far in the fourth quarter of 2008. The reason appears to be that multi-channel marketers are funneling more money to search, which has strong data on ROI.

“With the current economic climate leading up to the holidays, retailers are looking for ways to capture consumer spend and drive revenue in efficient ways,” said Roger Barnette, President of SearchIgnite.

Q4 spending is also up 58% over Q3 2008. Last year’s Q4 was up 40% over Q3 2007. And last year’s Q3 didn’t have an election to boost it’s numbers.

However, consumers are spending less per transaction. Still, the good news is that they are spending online at a steady rate of growth.

Related Reading:
SearchIgnite Releases Version 3.0 of Media Optimization Platform
SearchIgnite Releases Q1 Search Marketing Data

4 Reasons to Go to SES Chicago

If you register today to attend Search Engine Strategies Chicago, which will be held Dec. 8-12, 2008, you can save up to $200 with the Early Bird Rate.

So, why would you want to attend the only major Search Marketing Conference and Expo in the Midwest?

Let me give you 4 reasons to go to SES Chicago.

1. You’ll want to attend as many of the 74 keynote speeches, strategic development workshops, Orion panels, conference sessions, and SEM training workshops as you can. If you look over the agenda, you’ll see lots of topics that weren’t discussed at Search Engine Strategies Chicago a year ago. In fact, you’ll see new content that wasn’t covered at SES San Jose back in August. Heading into 2009 using old strategies and tactics makes about as much sense as optimizing your website for AltaVista. Things change in the search industry and savvy SEOs and SEMs understand the competitive advantage of staying up-to-date.

2. If you look over the list of sponsors and exhibitors for SES Chicago, you’ll see familiar names like Acronym Media, DoubleClick, iProspect, PrintPlace.com and TMP Directional Marketing as well as new names like AdBuyer.com, ideaLaunch, Rosetta, The Search Agency and SEO Samba. So, whether this is your first Search Engine Strategies Chicago or you’ve attended every one held since 2003, there will be plenty of products and services to check out on the show floor.

3. Next, you’ll want to take advantage of the special events and networking opportunities. On Tuesday, Dec. 9, DoubleClick will be holding a networking lunch from noon to 12:45 p.m. It will be presenting a case study on multi-channel tracking that will address how to de-duplicate search conversions when using numerous online channels. Later that afternoon, Google will hold a sponsored session entitled, “Google Site Search: Fast, Relevant, Customized Search Results for Your Website.” Google’s Nitin Mangtani will be discussing how customers are using Google Site Search to grow their businesses and how you can do the same for yours. And here’s a hot tip for first time attendees of SES Chicago: If you hang out at Kitty O’Sheas, the authentic Irish pub on the ground floor of the Hilton Chicago, you can network with fellow marketers and search engine industry professionals after hours. Plus, I recommend the shepard’s pie and Bailey’s cheese cake.

Greg%20Jarboe%20wearing%20Buckeye%20shirt.jpg 4. Now, this fourth reason will only make sense if Big 10 football is more important to you than search engine reputation management. As those of us who grew up in the Midwest already know, there’s a big football game tomorrow: Ohio State vs Michigan. Now, I’m a Wolverine. But I’ve made some friendly bets with others in the search industry who are Buckeyes. And as you can see from the photo in this post, if we lose the big game, I have to wear a Buckeye shirt to the next Search Engine Strategies conference — again. And, we’ve lost a lot over the past few years. So, depending on whether you are a graduate of the University of Michigan or The Ohio State University, I encourage you to come to Chicago in December to see who is wearing which sweatshirt this year.

In summary, there are three good reasons to go to SES Chicago no matter what happens tomorrow. And there’s a 4th good reason if Michigan upsets Ohio State, like we did in 1993.

Go Blue!

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

Local Video Ads Come to Local.com

Local search site Local.com has integrated local video ads throughout its site. Initially the ads will come from Jivox, an online local video advertising provider. Eventually, the video ads will expand to include more providers.

“We believe that video advertising provides consumers with relevant, timely information about local businesses, products and services. It’s natural for video to be integrated into our local search ecosystem over time,” said Kim LaFleur, Local.com vice president, product management. “Local video bridges the product gap that exists between businesses that advertise in print, but perhaps don’t have the budget to move to television advertising yet, and unlike TV advertising, ROI is fully trackable. We plan to incorporate additional video capabilities and syndication to our network next year.”

Related Reading:
Local.com Partners with Hearst’s White Directory Publishers
Local.com Launches Ratings and Reviews Engine
Local.com Renews With Yahoo As Search Partner

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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