Today in History... After 118 Years, Google Inc. Closed Its Doors.


What started as a a unique approach to solving one of computing's biggest challenges (retrieving relevant information from a massive set of data) and and grew to become the "five-and-dime" of pay-per-click search engines, pulled the plug on the last server on this date in Mountain View, California. It's a story of a future time that could be soon, or beyond our horizon.
If anyone back in the late 1800's or early 1900's had been thinking ahead to the future of Woolworth Corp., it's unlikely they would have ever predicted that the famous five-and-dime would be a line item on a "Today in History" script published to millions of readers across this thing we call the internet.
Yet today, has I opened my RSS News Reader, there it was. I can recall shopping at the five-and-dime as a kid. It was the "best" store in town. Just like Google;
the best. Now, its history. Perhaps the best is not good enough?
"
The perfect search engine, would understand exactly what you mean and give back exactly what you want," says Google co-founder
Larry Page, "
Never settle for the best."
| On this date... |
The Woolworth story begins when Frank Winfield Woolworth, son of a potato farmer, decided farming wasn't for him and just before turning 21 in 1873, he started work as an employee at Augsbury and Moore's Drygoods store in Watertown, New York. The experience wasn't the best in the world for him, according to this book, as Frank soon was called "the worst salesman in the world." Because he was "eager and polite," though, the store's owners took a liking to him and kept him on. F.W. Woolworth went on to become one of retail's most successful pioneers and his empire of department stores defined the shopping experience for millions over the course of its 118-year existence. On this day in 1997 Woolworth closed its doors. |
Could this happen to Google? Well, yes. Bill Gates is on a mission to build a Google killer. What got him so riled? Google, the darling of search is moving into software and that's Microsoft's turf.
Fortune story here. For now however, it's all fantasy thinking as the titans of search (Google, Yahoo, & Microsoft) battle it out in cyberspace.
People searching for information on the Internet are driving some of the fastest-growing profits on the Web, whetting advertisers' appetites by signaling what they want.
By typing in search terms, users are also sending advertisers a clear message about merchandise they might be interested in buying, and search providers like Google Inc. (Nasdaq:GOOG - news), Yahoo Inc. (Nasdaq:YHOO - news) and Microsoft Corp.'s (Nasdaq:MSFT - news) MSN are cashing in. (Source: Reuters 2005) |
Good news for the Multi-level marketing entrepreneur
The Cost Per Lead using Pay-per-click is Cheap Compared To Other Ads It doesn't take a rocket scientist to know where to spend your advertising dollars... $8.50 for search, $20 for Yellow Pages, $50 for online display ads, $60 for e-mail and $70 for direct mail. Those are the average cost-per-customer numbers based on research by Piper Jaffray.
"Paid-search advertising has become a do-or-die proposition," says Jeff Saville, a consumer direct marketing manager at Deckers Outdoor Corp. "The market is growing fast, primarily because the ads are trackable and target people who are already interested. The medium is also inexpensive compared with television, radio, direct mail and Web banner ads." (Nasdaq:DECK - news)
Are there dangers or flaws in search advertising?
- Some worry that new advertisers are rushing blindly into paid search and inflating key word prices -- a concern underscored by WebTrends data.
- According to WebTrends the data suggests that 60 percent of marketers do not measure sales, leads or key actions resulting from campaigns. [This is a dangerous number because that means you are competing with people who don't know what things are truly costing them. You need to be extra analytical when going head to head with this guy.]
- Certain campaigns fail because they are ill-conceived or unsuited to the medium.
Adding all this up, we come to two conclusions: 1) It pays to get good at pay-per-click advertising if you plan to do business online and 2) we may only have 118 years left with Google :-)
Search engine marketing tips:
- Forget stupid characters. We are talking search engine listings (not eBay) so cool the clever punctuation it L@@KS stupid!!!!!!!! Don't make SOME words CAPITALIZED; it looks like you're shouting desperately for business. Respect the people who read your search engine listings.
- People are by nature often interested in things like 'saving money', 'making money', 'curing something', 'striking a deal', and getting anything of value that is 'free'... but be careful. The addition of such self-interest phrases in your ad copy may skew your clicks upwards while leaving your sales flat. If you're tempted to try such phrases... test, test, test... while keeping an eye on your bottom-line.
- Bluntness works: 'Refinance 4.5%', 'Viagra $39', 'No Interest VISA', etc
- These are the type words that appeal to searchers: more information, complimentary, love, youthful, safe, new, benefit, gain, money, happy, glad, proven, guarantee, resource, fast, results, discover, how you, how to, your, yours, you'll, healthy, natural, magic, secret, comfortable, save, proud, secure, solution.
Last week I posted the another round of search engine marketing tips and yet more in the weeks before that. Check there for more ideas.
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