Posts Tagged ‘Internet Marketing’

New Data About Advertisement Clicks: Who Doesn’t and Why

Tuesday, October 4th, 2011

CrowdScience has released new data about clicks: who does click on ads, who doesn’t and why. The big surprise is that there are a lot of people who have never clicked on a digital advertisement. Only 58% of users between 15 and 24 years old have clicked on ad. That is the lowest percentage for the age based demographics. While the lack of a steady income seems to be the easy explanation, the numbers steadily track upwards with the user’s age, which hints that there is something else besides income at work.

1crowdscience

The survey offered a host of reason for why ads were not clicked: virus fear; not wanting to navigate away from current page; lack of trust about truthfulness of the ad; irrelevancy; spam fear; failure to notice; or a lack of clickable options. Shockingly, the leading explanation across all the age groups and for women is fear of a computer virus. The main explanation offered by men was not wanting to navigate away from the page, although virus fear was the second most cited explanation. The other explanations that signal a lack of trust are also front running explanations. The Internet marketing firm needs to understand that the industry suffers from a crisis of trust and that ads need to be coupled with a campaign to establish trust. An easy way to do this is engagement in a conversation. Comments involving the brand’s engagement of those comments on Facebook or other social media sites are great ways to build trust. A brand’s penchant for quality customer service is also important.

The data also shows that the older the viewer of the ad, the more likely he is to click on it. Except for viewers in the 55+ age group, ads are more likely to sponsor some other action than a click. Except for the eldest, all groups have a higher rate of researching the ad than clicking through the ad. This should help remind the Internet marketing firm that clicks should not be the only metric of success. In fact, sometimes the lack of a click still produces the desired effect of shopping for the product. The method is just sometimes round about. Ads that are designed to encourage external research may be particularly effective at this method of conversion.

New Data On Clicks

Interactive Display Ads Make the Difference

Tuesday, July 26th, 2011

TV advertising has conditioned viewers to accept advertising. Many digital agencies, unwilling to invest energy in shaking things up, are all too willing to continue that trend. However, the ad which allows interaction is much more likely to produce conversions but also future engagement with consumers.

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EMarketer.com

Not only do the interactive ads produce more click-throughs and engagements, but they also provide the digital agency more control over future advertising. When the ad is not interactive the data is limited to an off/on response. If the ad, however, includes ways for the viewer to share or comment, then the potential data gleaned becomes nearly infinite as qualitative studies of the responses are opened up. The drawback is a clear increase in effort to produce the ads as well as potential cost from the ad server. However, the data shows the bump gained from interactivity is almost always worth it, even if the interactivity is not well done. The digital agency would be well advised to attempt some measure of interactivity in all ads.

Google+ Going After FaceBook Through Game Developers

Monday, July 25th, 2011

Already the fastest growing social network of all time and now with the gender curve evening out, Google+ has now announced some differences with games than how FaceBook handles games. The first difference is that Google+ will take less of a percentage than FaceBook does. Google+ will take 5% fee off the top of payments to games, whereas the industry standard is nearly 30%. Google+ is also willing to host the games on its servers, so the games will run faster and with less errors.

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blog.games.com

Google+ does not yet have advertising on its site, but when it does this will help the digital agency. Games on FaceBook have done wonders increasing the stickiness of pages and there is no reason to expect Google+ will not benefit in the same way. Google+’s growth has been extraordinary, and adding engagement activities such as games will help drive that growth. There is of course the regular Google services as well. More people on Google+ and more time, even if not more people, all make Google’s search business better as it can incorporate its social graph into search results. All of these are reasons the digital agency will see better ROI from Google.

Mashable: Google+ to Challenge Facebook for Game Developers With Lower Fees

Social Networking a Must for Millennials To Decide

Friday, July 1st, 2011

New research about Millennials, the demographic ranging from 16 to 34 years old, shows that 68% of them consult their social network before deciding which restaurant to visit. The new report contains more data that is quite illustrative about Millennial preferences.

Social Media Restaurant

YourSocialMove.com

All of this is important for the digital agency to absorb and keep in mind for clients. Restaurants clearly need to increase their social media marketing presence, even at the expense of search results. When examining how Millennials wish to purchase their groceries, grocery stores (34%) are the losers earning just as high a preference as big retailers like Target and Wal Mart (32%). That is a losing statistic because people outside of the Millennial bracket prefer grocery stores 44% to 27%. The good news for the small client of the digital agency is a preference for local mom and pop shops over the chains that are not big retailers. Millennials prefer these stores 11% to the non-Millennial 8%. Somewhere in the data is a unifying theory for these differences. Even without understanding the larger cultural trends the digital agency can learn a lot by studying just the data and tailoring campaigns around it.

Ad Age: Stat of the Day: 68% of Millennials Ask Friends Before Choosing a Restaurant

Dish Might Acquire Pandora

Wednesday, June 29th, 2011

Just a few weeks after Pandora’s IPO, there is talk that DISH Network might be interested in acquiring it. For now this is merely a rumor, and there are some reasons to discount it as a serious move, however, a move like this is inevitable. The question is not ‘if’ but ‘when?’

DISH currently offers limited streams of Sirius XM as its music option to subscribers. Replacing Sirius with Pandora makes sense for DISH. Pandora would automatically gain 15 million members. DISH would acquire a cheaper (cheaper in daily operating costs, the acquisition cost would be exorbitant) music provider than another satellite based company.

Pandora Radio - Dish Network

OnlineMusicNews.WordPress.com

Digital marketing agencies only indirectly benefits from this acquisition. There would be, however, two aftereffects of the merge. The first is that there would then be more people using Pandora. DISH subscribers might learn to enjoy it and then when they move about, DISH is geographically confined, they are more likely to then tune into Pandora. All of the advertising on Pandora will become more effective as traffic will ramp up. The second effect is part of a wider trend of people transitioning their media consumption from non-internet to internet based providers. Even if the digital agency does not advertise on Pandora sites, this trend will still help propel larger demographic shifts into digital marketing.

Seeking Alpha: Weighing the Takeover Rumors About Pandora

FaceBook Begins Implementing Comment Advertisements

Monday, June 27th, 2011

FaceBook, the king of affective attachments, is experimenting with a new advertisement type that capitalizes on it as a platform for engagement. The ads are delivered like any other ad but appear like a status update. Viewers are then free to comment on those ads, and others will be able to see those comments.

Social media agencies should take advantage of these types of ads. Engagement has always been the key for brand advertising and FaceBook has been a great platform for creating that engagement. Until now, however, a user had to actively “like” a brand to have a place for engagement. There are a couple of reasons why some people who may actually be fans of a brand would hesitate to “like” the brand. Now, however, those hesitations are bypassed. These ads will probably make several companies a lot of money.

Mashable: Facebook Experiments With Comment Ads

LinkedIn Offers New Ad Types

Friday, June 24th, 2011

Like FaceBook, LinkedIn is trying to find ways to leverage its social network into its advertising options without compromising privacy. LinkedIn has announced two new types of advertisements to capture this effort. One of these changes is to display within the ad how many of a user’s contacts recommend or follow the advertising company. The other new advertisement shows relevant people from a user’s contacts within the banner ad. It is possible for users to opt out of being featured in these advertisements.

LinkedIn New Advertising

IconSpedia.com

While LinkedIn specializes in type of contacts that may limit its appeal to the digital agency’s client, the digital agency should think about how to incorporate LinkedIn. Because of its business specialization it may never be as successful as FaceBook, but its specialization makes LinkedIn a particularly viable option for advertising solutions. These new social media marketing features will help LinkedIn advertising attain stickiness and a level of affect that makes FaceBook so successful.

Mashable: New LinkedIn Ads Leverage Recommendations & Follows

New Social Network Tools Offer Potential

Wednesday, June 22nd, 2011

There are two new social networks, Sonar launched in May and Banjo this morning, which may offer the digital agency a new and inventive way to market for clients. Instead of marking friends and then telling you where those people are, these networks treat locations as the friend and then tell you whom else is nearby. Sonar will also flag the other nearby people by how many FaceBook friends you have in common. Both are available for the iPhone, but only Banjo is currently available for Android.

banjo

AllThingsD.com

The verdict is still out on these location friending networks. Effective mobile application development means increasing the apps base usage, so others join up and continue to check in. The other problem plaguing these apps is their counter-intuitiveness. For a brick-and-mortar storefront to appear it would need to be logged into the app and only then would someone else logged in, who also happened to be nearby, see the storefront. Among early adopters, however, that might be precisely why these apps can drive some traffic. If they do take off in popularity then there might be too many nearby contacts to attract much attention, but in the nascent stages it might work very well, especially since the account is free. Digital agency’s using these networks for advertising and social media marketing should wait until there is some growth.

Read Write Web: New Wave of Social Networks Have You “Friending” Your Location

More FaceBook Music Rumors

Tuesday, June 21st, 2011

Since FaceBook reached out to Spotify a few months ago rumors have been circulating about FaceBook Music. Since then Apple and Amazon have launched their own cloud based music players. The industry seems to be in consensus that cloud based music is the future. The digital agency looking for a way into this should be rooting for FaceBook music because both iCloud and Amazon are not in advertising publishing mode, at least, not yet. A FaceBook Music would change that.

Facebook Music

iClarified.com

The f8 Conference, FaceBook’s large conference for developers, is being panelled with online music developers. Many see this as the writing on the wall. FaceBook is now dominant in games, news and retailing and this move is their attempt to target media delivered over the internet. Digital agencies will see their advertising on FaceBook gain more stickiness the more FaceBook becomes a portal for internet activities. If there is a music offering, then users will not even need to leave FB exposing them to more FB published advertising.

Gigaom: Revealed: Facebook’s music plans tap Spotify, others

Google’s Launches Brand Management Application

Friday, June 17th, 2011

Google has launched a new app called “Me On The Web’. It can be found on the Google Dashboard in between Account Information and Analytics. Most of the available tools are available as alerts, which were previously available. Managing the alerts is now easier to set up.

google-logo

Google.com

Most digital agencies now incorporate brand management into their products available for clients. This release will make that management easier to do. Of course, that is a potential problem for the digital agency, as now it might be so simple that businesses will not outsource this task. To counter this potentiality, the digital agency needs to differentiate its brand management portfolio by offering a more sophisticated service.

Mashable: Google Launches Tool for Online Reputation Management