Oct 7 2008

Open Web Awards

by mckyton

Mashable just announced this years Open Web Awards (http://mashable.com/openwebawards/home/). This is the second annual Open Web Award contest following a successful first year. Last year I saw several people discussing the awards and several friends / colleagues nominated from large scale social networks to niche blogs.

There are many web awards, why is this one different?
People nominate sites and anyone who signs up can vote.
This is much more like a peoples choice award.

Anyone can nominate any site that fits into one of 26 categories. Because this is Mashable the entrants and categories focus on social websites/applications/widgets.

Here are the categories

  1. Mainstream and Large Scale Social Networks
  2. Embeddable Widgets
  3. Blog Plugins
  4. Social News
  5. Social Networking Applications
  6. Social Bookmarking
  7. Search And Social Search
  8. Sports and Fitness
  9. Photo Sharing
  10. Video Sharing
  11. Start Pages
  12. Places and Events
  13. Travel
  14. Music
  15. Social Shopping
  16. Fashion
  17. Celebrity and Gossip
  18. Mobile Applications
  19. Dating and Romance
  20. Wiki
  21. Politics
  22. How-To
  23. Environmental
  24. Non-Profit Causes
  25. Online Games
  26. Niche and Miscellaneous Social Networks

Nominations open Nov 5th. Vote early and often.


Oct 4 2008

Online marketing in a Recession part 2 Organic Linking Strategies through social websites – The “Social Marketing channel”

by mckyton

 

As a follow up to my previous post on online Marketing in a Recession part 1 this is a discussion on how to use social networking websites to build a linking strategy.

Social Networking websites are now the most visited websites on the net, surpassing pornographic websites according to (http://www.time.com/time/business/article/0,8599,1678586,00.html)

So how do you take advantage of this for your business?

It is simple, …participate… just be social…. online. Be warned,  It is very time consuming to set up because there are so many social sites to be on. It takes a little less time to maintain and there are no guarantees but if you nurture the social marketing channel the payoff can be huge.

Startups are creating “social media” everywhere and about everything all you have to do is invest the time to participate. Does this mean that companies needing a director of social marketing position in the future? Possibly, stranger things have happened. Imagine if ten years ago someone told you they just took a job as a search engine marketing manager… Well. Perhaps that will be a followup to this post. The Social marketing channel manager position

Social Video Sharing ________________________________________________

Have a video of you speaking at a conference, a video of your product, a viral video about your industry? Post it on social video sharing websites.

Start with YouTube. When you upload your video you can add a description, title, link back to your site, etc… If you have multiple videos create a branded YouTube channel for your videos. By the way YouTube is owned by Google. When you add the description and title you are adding indexible content to your video making it possible to show up in relevant searches.

Here are some video sharing sites.

 

 

Social Photo Sharing ________________________________________________

Same idea as sharing your videos on video sharing sites. Add your pictures of your products, pictures of you at a conference or tradeshow anything that has to do with your company that is real.You will also be able to add titles descrtiptions and more to these as well as create photostreams/ galleries and so on with links back to your site.

 

 

Social Bookmarking ________________________________________________

This is a great social media channel. Easy to participate, hard to penetrate. One of my first posts on this blog was about Stumble Upon and how it spiked traffic 600% over night and increased sales.

Social bookmarkingis basically saving a list of favorites and easily sharing those favorites with your friends. Now, imagine you sell motorcycle parts for a antique bikes. Your not sure how to reach your niche audience other than bike shows and trade mags. Now suppose an antique biker comes across your site and bookmarks your site through a bookmarkign service. Now that potential customer has just shared your site with all of their friends on that services. You have just penetrated a “social pool” of niche customers.This is what happened to a former client of mine that boosted their sales and spiked traffic 600%.

Here are some social bookmarking services.

Make it easy for users to book mark your site by using addthis or  sharethis

 

 

The List goes on ________________________________________________

Wikipedia – Create a page on Wikipedia about your company –
Ever notice how often Wikipedia shows up in search results and often in the top 5. If your site does not appear on the first page, perhaps the Wikipedia page about your company will

Twitter – Start using twitter so people can follow your company updates ( you will be surprised how many companies are delivering timely info this way)

 

Business – as personal as the local chamber of commerce with a national reach

  • LinkedIn – Participate, create aprofile, joind industry groups and create a company profiles
  • Xing – similar to  Linked in
  • ZoomInfo – Create a company and personal profile

 

Depending on your product and company the “social” social networks may be appropriate as well.

 

Look for a post on discover Vertical Social networks reach more of your niche.


Oct 3 2008

Online Marketing / Advertising in a Recession: Budget Season

by mckyton

While companies are in the middle of budget season there are many discussions about how the impending recession is going to affect advertising budgets and how those budgets will be allocated. Many seem to believe that companies will simply decrease their total spend and shift the majority of their remaining budget to online programs, primarily PPC and banner ads.  Granted, different industries may address these changes differently but there is a trend in the thinking.

Perhaps you are facing a decision on how to use your advertising more budget more effectively.

Here are some questions to ask in preparation.

Why are companies preparing to shift more money to online marketing?
Online marketing campaigns are more directly measurable than tradition advertising channels. With layoffs looming many managers at all levels are going to need to prove there accomplishments with cold hard conversion numbers.

What does this mean for publishers?

In many ways the publishers have saturated themselves with tons of user generated content pages and excessive pagination to produce additional ad space. They have done this to meet demand, but if the demand for high price high visibility / specialty ad placement declines publishers are going to have to make some very quick changes.

For Big Business

  1. Publishers may need to throttle back ad space inventory to match declining demand and keep specialty ad prices from falling too far. It will likely take time for them to accomplish this and in the meantime their will be affordable short terms placement available
  2. Shift to more automated PPC ad networks – many publishers are going to follow the advertiser to these networks – this means changes to layouts to accommodate more text ads from Google, Quigo and the like.

For small  business/ bloggers

  1. Potentially more advertisers and more return on your publishing efforts as contextual ad placement places decides where the money goes.

What does this mean for the advertiser?
If you are lucky enough to work for a company that understands that you need to advertise even in tough times, then you are about to have some new opportunities even with a tighter budget.

  1. More affordable specialty ad space
  2. Potentially lower prices on high end creative as demand for that also falls.

What does this mean for Google Yahoo and MSN?
If more companies move more money to directly measurable online ad programs, as many believe they will, such as Google Adwords, Google’s stock price is going to maintain its position. Or at least not fall too much further. Yahoo and MSN may see an improvement. This is going to place pressure on competitors selling the expensive high visibility space to create more robust tracking/measuring/auditing systems.

 

Look for a followup on using social media to drive traffic to your website.
An important option to consider whether your advertising budget is unaffected, decreasing or non existent.

 

Here are a some interesting links on the topic:
http://searchenginewatch.com/showPage.html?page=3631055

http://www.mediapost.com/publications/?fa=Articles.showArticleHomePage&art_aid=91858

 http://www.forbes.com/media/2008/10/01/media-magazines-newspapers-biz-media-cx_jb_1001brady.html