Today in History... Google Inc. Closed Its Doors, After 118 Years.
What started as a collaboration between Larry and Sergey and initially lead to a search engine called BackRub (named for its unique ability to analyze the "back links" pointing to a given website) 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?
"Never settle for the best" says Google co-founder Larry Page, "The perfect search engine, would understand exactly what you mean and give back exactly what you want."
| Today in History... | Insightfully, Woolworth made his customers feel "rich"--and generated immense customer loyalty by offering products at affordable, nickel-and-dime prices. The Woolworth Building in lower Manhattan, the tallest in the world upon its completion in 1913, embodied the strength of the retail empire that, at its peak, consisted of over 10,000 stores worldwide. The corporation was eventually sold in 1997 (actually, on this very day).  |
Could this happen to Google? Well, yes. If the thought of Bill Gates over throwing Google interests you, read this Fortune Magazine article: Search and Destroy. For now however, it's all fantasy thinking as the titans of search (Google, Yahoo, & Microsoft) battle it out in cyberspace.
| Research shows global Web search advertising revenue, which is big business for the Internet giants, will be almost $8 billion in 2005 -- more than 20 times what it was four years ago. (Source: Reuters 2005) |
Good news for the Tomboy Tools home consultant
The Cost Per Lead using Pay-per-click is Cheap Compared To Other Ads
As compared to other methods of getting customers, PPC search ads seem to perform better. The cost to acquire a customer is approximately $8.50 for search, $20 for Yellow Pages, $50 for online display ads, $60 for e-mail and $70 for direct mail. according to Piper Jaffray & Co. research. Pay-per-click is obviously the lead horse.
"It's a marketer's dream tool because we can monitor it in so many different ways and watch the effectiveness of it," said Jeff Saville, a consumer direct marketing manager at Deckers Outdoor Corp. (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.
- 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.
PPC Tips:
- On the subject of ad copy (the words which will comprise your numerous different listing titles and descriptions) we can sum it up briefly: RELATE your listing to the keyword the searcher has typed, SPARK curiosity in their minds to encourage a visit, be TRUTHFUL, be BRIEF, be CLEAR, don't HYPE, and FILTER out bad clicks.
- FILTER OUT BAD CLICKS? Yes, if your product is NOT for certain searchers, be clear upfront before they click. Example: If you bid on the keyword 'herbal shampoo' because your product is an herbal dog shampoo, make sure your ad copy reads: for dogs, pets, or animals. If you only fulfill orders in Canada, state this upfront in your listing ad copy. There is no need to pay for a visitor click if you cannot service a particular customer's needs. Use words to filter out bad clicks.
- There are many good resources to help you with ad copy, writing, and knowing what to say about your product. We recommend the eBook by Kim Klaver, "If My Product's So Great, How Come I Can't Sell It". Click here for a complimentary 'Mini-edition' of this eBook.
Check back next week for the next in this series of PPC tips... Until next week, happy PPC campaigning...
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Tomboy Tools | PPC | pay per click | Google | marketing tips | search | Woolworth | Today in history | online advertising
| posted by Dan Hollings @ 3:32 PM |
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