Archive for the ‘Uncategorized’ Category

Geo-targeting your customers….In hospitality Industry

The concept of traveling has changed and so have the travelers. Travel and technology go hand-in-hand, with majority of the travelers relying more on the intelligence of the gadgets more than ever before. The ‘I’ in Internet no longer stands for ‘information’, but it symbolizes ‘Intelligent’. Internet as the intelligent information network, serves as the center of all planning and procurement for travel shoppers. In the middle of this increasing appetite for travel, one thing that is diminishing is the ‘attention span’ of travel shoppers. This does not only imply that travelers have very little time, but also that they are wary of being hooked on to a particular message – because of the relentless bombardment of promotional materials from all angles.

Catching the customer at the right moment and right location increases the probability of conversion in this age of non-stop marketing. As the travel shoppers move away from the static media avenues like TV, PC, LapTop etc…, the only channel of connecting to them is through their mobile devices – Mobile phone, Smart phones, iPhone, Blackberry…

Image Credit: www.burningthebacon.com

Let’s envisage a simple scenario – You are traveling towards Disneyland with your wife and four kids and you know that everyone in your battalion will be competing with each other to get the best and most number of rides -  your wallet is going to get a serious dent (sure, you are putting up a brave face!). As you get nearer to the dream destination, you receive a message on your GPS / iPhone – The message is a summary of all the discounts that you can avail of inside the DisneyLand by using a promotional code which you just received inside the message. You make a quick mental calculation and suddenly the finances look upbeat – You might be able to take $500 – $700 off your final budget. That’s not bad…Mobile marketing does get a customers’ eye – with extreme targeting

Caesar’s Palace is one first big names in the hospitality segment to utilize the mobile marketing menu – by utilizing the GPS mobile app targeted at visitors. Guests at Caesar’s can get all the on-spot information on their mobile phones – restaurant hours and rates, booking facility, list of performers in The Colosseum. Visitors to Caesars Palace can opt-in for this GPS app which will provide customized discount and offers to venues in proximity to the user. So, as long as you are staying in Caesar’s, your every movement will be tracked just to give you the best offers in your current location. That’s a win-win situation for both Caesar’s and its guests.

And Caesars i s not alone in this race to tap the sentiments of customers when they are most likely to take a decision. This trend is reflected in the exponential growth of mobile marketing and advertising – it is projected to reach $50 billion by 2014 from it’s current figure of $29 billion. According to a Forrester study-

  • “54 percent of online business travelers and 48 percent of online leisure travelers who have web-enabled mobile devices have used the channel to look up travel-related information such as a flight’s on-time status, driving directions or hotel room information.”
  • “18 percent of business travelers and 15 percent of leisure travelers researched hotel availability on their mobile devices
    in the past year.”

In addition to the point-of-sale persuasion ..aka Location-based marketing, Mobile devices are also being utilized to create opt-in list for future Email Marketing campaigns – Which we will be discussing in our next post.

How much is Social media costing your company?

Social Media has prompted more social debates than any other online segment in the last couple of years. Nobody has been left untouched from the infectious charm of social media networks – CEOs , Marketing bosses to hard core techies, everybody is finding some juice somewhere in their preferred social circles. Kings to clowns, Presidents to party-freaks , all are nurturing their own group of  fan following – one tweet, one wall post at a time. Isn’t that engrossing and hyper-social without a dime  out of your wallet.

But, whoever is a part of human society knows one fact for sure – “There is nothing called a Free lunch”. May be Karl Marx cannot detect it, but the pennies are slipping through the cracks somewhere. Somebody is paying for the hyper-involvement in the social networks.

(Image Credit: www.cartoonstock.com)

Who is at the receiving end?

It’s time for the big bosses to raise a brow….

The UK social media office engagement figures look like this -

2 millions x 1 hour / day = Social involvement during the office hours [Sample size = 1000 British workers]. = $23 billion dollars

Its is estimated that the US social engagement index during the office hours will be higher the British figure and China might be catching up fast – It’s a different reason china decided to ban Google, when in fact Facebook might be making a dent in its productivity as well as communist ideology on an hourly basis.

Well, let’s for a moment jump to the other side of the fence, where the employees are perched – The intelligence that you get out of the chorus is that the social networking is cost-free, global, knowledge-sharing university where years are saved every day – as employees, trouble-shooters and academia share the latest data, theories and algorithm – thus making every desktop a vibrant R&D hub – well, can you beat that?

Well, I agree with this cross-pollination potential of social and professional networks….

Once again, going back to the original spot. Looking from here, the corporate honchos would be in serious doubt whether millisecond is spent in knowledge dissemination and not personal frivolities…leaving it here for the moment….

As expected, it’s a spiraling debate  with too many angles and intangibles….

Adios…

SEO vs PPC: What Helps the Conversion Ratio Better?

SEO Vs PPC has been a long standing subject of many debates. Which strategy gives better results? When it comes to web presence, SEO or PPC which is more effective?

Honestly the answers to these questions are highly relative and would depend on many factors and considerations. SEO and PPC both have their pros and cons. SEO strategy is used to rank your website higher in the organic search results of search engines. SEM (PPC) on the other hand involves paid advertising on the search engine results and other web pages.

Let us dig deeper into the subject by first busting a long held myth that PPC is costlier than SEO. No, it isn’t! In fact you may very well need to spend about $5,000 or more over 6 to 8 months, to get your page on top listing for highly competitive key words like weight loss or life insurance. A PPC advertisement however, can easily be seen in the visible spots on related pages. And it is relatively easier to control your budget for the PPC campaign.

A recent survey mentions that the websites receive 8 times more clicks from the organic search results than the clicks from PPC; however the goal achievement and conversion ratio is 1.5 times higher for the traffic coming from a PPC advertisement.

SEO obviously is a long term strategy. It may take about 3 to 6 months to see the actual measurable effects of the SEO campaigns. On the other hand PPC campaigns can give you immediate traffic. The biggest benefit of a PPC campaign is the speed of the expansive reach. It frees you of the headache of trying to figure out the search engine algorithms, and how can reach to the top position in the listing.
Thus if the website is about sale of products for Christmas where you would like to give away discounts and bonuses, the best way to go would be a PPC campaign. Because, in this case, it will be too late till the time SEO starts showing its outcome.
Another upside a PPC has over SEO is that the SEM campaign can be managed and changed in real time. PPC gives you the opportunity to hit the internet market with right advertisement at the right time thus grabbing quick eyeballs. With a PPC campaign it is easier to target large number of key words, whereas optimizing the website landing pages for a higher number of keywords is a highly daunting task. Hence a rightly managed and appropriately monitored PPC campaign will surly increase conversion ratio and gives a better ROI than a SEO.

Pay Per Click (PPC) – Buying your way to the top

PPC-Click-BidPay per click (PPC) is an online advertising format allowing you to buy your way right to the top. Just look onto the right side of the search engine result pages (SERP) for search phrases relevant to your business, and you will find this list growing by the day. Businesses are buying advertising on specific search phrases, and, which are then charged each time a visitor clicks through these results to their website.

These ad spaces are purchased through PPC advertising suppliers, the main two large ones owned by Google and Yahoo. The program ran by Google is called Adwords, and displays results on Google.com, AOL, Ask Jeeves and many other smaller search programs. Yahoo’s ads are run by an acquired company Overture, and the results appear on Yahoo, MSN, AltaVista, and many other partners syndicating for this very purpose.

Factors Influencing Money Spent on a PPC Campaign

  • The number of searches conducted every month using phrases relevant with your business.
  • The bidding amount you along with competitors are willing to pay for these terms.

The normal average monthly ad spent on a PPC advertise is a couple of thousand dollars but may immensely vary for less than $50/per month on regional targets to millions a month by large national retailers.

Your Mantra to Success

  • Advertise on a large and relevant number of search phrases. How to find good keywords and terms used to describe your products is a challenge that you will have to brainstorm your way out of. Spend some thoughtful and valuable time before you actually finalize.
  • Build unique and innovative ads for each of the search phrases. This will mean a lot of extra work than having just one ad for all the search phrases; but in the end it pays so you have nothing to crib about. This will also mean more targeted traffic, where in some cases paying less per click (like on Google Adwords) due to the intricacies of how these ads are priced.
  • Make sure to take these visitors to the most appropriate page on your website. Don’t just send them to the home page so that they have to research for the product or services that they were looking for. Instead of frustrating them further, take them to the most relevant page on your website, and make things easier.
  • Keep track of visitors and the results you are able to generate. You are spending money for each click, and if you are not going to measure the returns that you are able to generate, would only amount to bad business practice. At least consider installing the free tracking tools available through the Google Adwords and Overture to measure the terms that are able to generate business through your pay-per-click campaign.

SEO-vs-PPC-300x299People are actually searching for what you are wanting to sell at this very moment, and if your site is unable to show up near the top of the results will only be satisfying your competitors, rather than the visitors that you would want.

Paid Links to Controversy

paid-link-sponsored-linkEnter a word or phrase in Google Search, and result page comes up with thousands of sites in a reply. Among these sites, a site’s ranking is based on analysis of the links to the site. Link based analysis is an extremely useful tool for measuring a site’s value and has improved the quality of search on the web. Quantity and quality of links determine the rating of a site.

What are paid links?

On a web page, link that links your click to buying or selling a product or service is a paid link. These links take you to altogether different site or page. So the paid links are like advertisements that we often come across in a publication. It is up to you to follow or ignore them.

Then, what’s the problem?

Paid links on web pages has always been the bone of contention between website owners and search engine optimizers. More links to your page or site was looked upon as a mark of reputation and believability.

However, recently, paid links pertaining to buying and selling are making their entry through some search engine operators. It is believed that search engines are unable to differentiate between general links and paid links; thereby raising serious questions about link based ranking of sites. Surprisingly, these links are passing PageRank by Google. They confirm that all paid links do not violate guidelines set by webmaster. These links generally do not have malicious intentions and help only to spread the business.

What’s the solution?

Solution is still nowhere in sight. Search engines fail to differentiate between general and paid links. Google, the best of them is studying the link architecture and trying to device software that automatically detects paid links. Presently, Google is actively asking its users to report paid links.

Reporting paid links on Google

Google has guidelines for reporting Paid Links. It says:

  • Sign in to Goggle’s webmaster console and use the authenticated spam report form
  • Then include the word “paid link” (all one word) in the text area of the spam report.
    • If you use the authenticated form, you’ll need to sign in with a Google Account, but your report will      carry more weight.
    • Use the unauthenticated spam report form and make sure to include the word “paid link” (all one word) in the text area of the spam report.

Are paid links worth?  Thousands of dollars are being pumped in to put one paid link at the site or page where it matters. It is expected to generate enormous traffic for the destination site. All it comes down to is link’s conversion rate that could give return on investment. Search engine optimizers are looking for methods to track pages and build links from the websites or pages that don’t cost you heavens.

dont do it!Users must understand that buying/selling links is a high risk activity. There are ways to reduce it but the risk cannot vanish altogether. Most of the standard and reputed websites no longer display paid links to their clients. Other than ethical or moral grounds, the risk involved discourages them to do so. The reputation of the site is at stake in doing so and it will rank lower in search result pages.