What a day (historically speaking): Google, The Little Search Engine That 'Could,' Couldn't Make It Any More...
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?
| What a day (historically speaking)... | One of the strange things about Woolworth's announcement that it was closing its doors after 118 years, was that many of the calls to Woolworth's corporate headquarters afterward urging the company to keep the stores open were from people worried about what would become of all the fish sold in the Woolworth's store pet departments. Does anyone know what really happened to those fish on this day in 1997? |
Could this happen to Google? Well, yes. Simply put, Google has become a new kind of foe, and that has Bill Gates riled. Google has combined software innovation with a brand-new Internet business model and it wounds Gates' pride that he didn't get there first. It's an eye opening article from Fortune magazine: GATES VS. GOOGLE. For now however, it's all fantasy thinking as the titans of search (Google, Yahoo, & Microsoft) battle it out in cyberspace.
| Global search advertising revenue, which was $369 million in 2001, is expected to hit $7.9 billion this year, according to research from Piper Jaffray & Co. Those who work in and cover the industry see further expansion as paid search grows overseas and is embraced by ever- larger companies following audiences to the Web. (Source: Reuters 2005) |
Good news for the Reliv distributor
The Cost Per Lead using Pay-per-click is Cheap Compared To Other Ads
In a news story from Reuters (2005) there were some interesting stats comparing search to other forms of advertising using a cost per lead comparison. Citing Piper Jaffray, he says the cost to acquire a lead is $8.50 for search, $20 for yellow pages, $50 for online display ads, $60 for e-mail and $70 for direct mail. Cost for television leads were not covered. There's little wonder why search is gaining so much attention from advertisers.
"When someone conducts a search, only two things can happen. They'll either find your business or a competitor's business. Game over," states Jeffrey Herzog, chairman and chief executive of iCrossing, a search engine marketing company that helps people create and manage Web search campaigns.
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.
- Certain campaigns fail because they are ill-conceived or unsuited to the medium.
- At times, advertisers and their online business affiliates find they are competing with each other in auction-style bidding for key words and pushing up their own costs.
Search engine marketing tips:
- Expand your keywords by asking your spouse, friends, neighbors, relatives, existing customers and strangers to look at your web page and offer their keyword suggestions. In this phase you cannot have too many cooks in the kitchen.
- Put your biscuits in the oven and watch'em rise... That is, use web based 'keyword expanders' and research tools to expand your keywords beyond what you can come up with on your own.
- Remember, searchers may type in something that describes your product, but more often than not they will be typing in words describing their problem. If your product or service solves, fixes, heals, masks or even distracts them from their problem, you want those keywords on your list.
- "In-house" keywords (those used frequently by others in your industry or business) are often the most costly because lazy business owners don't often think beyond their own nose. The result is these limited keywords get bided-up sky high. Customers on the other hand seldom search using "in-house" keywords. Your goal is to find keyword niches popular with customers but less popular with your competition.
Check back next week for the next in this series of PPC tips... Until next week, happy PPC campaigning...
Technorati:
Reliv | PPC | pay per click | Google | marketing tips | search | Woolworth | Today in history | online advertising
| posted by Dan Hollings @ 3:30 PM |
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