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andreasengel.com
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Targeting Well-defined Audience Segments
Labels: advertising, bizdev, photos, spain, travel
Consumer Recomendations more Influencing than ever
Trends and consumer reactions in terms of communications and
marketing can best be monitored in blogs and other consumer-generated media like web pages, newsgroups, emails sent-to companies, chat lines, forums and message boards.
A recent study from
eMarketer showed that consumer opinions are no longer a local phenomenon: Word-of-mouth
works worldwide and is more effective
than traditional forms of advertising.
'Yet more than three-quarters of consumers surveyed worldwide find that consumer opinions are the most effective form of advertising, according to a Nielsen study.'
Web 2.0 features give control to the user, increase
brand loyalty and customer retention and can make products and services benefit from a word-of-mouth.
Here are some more significant success factors:
- Strong brand
- Highly automatized work flow
- Media-compatible staged content
- Low problem cases
- Mastering rapid changes in technology
- High stability at payment solutions and CMS
As experience showed easy to use tools do have a huge impact on the way people and companies
interact in communications, digital media and business. Putting increasing efforts into successful
website operations with a focus on making consumer opinions an essential part of a website can result in making a profit, generating significant online revenues, developing online
branding, creating successful online products or attracting subscriptions.
Labels: advertising, ecommerce, markets, web2.0
2007 Year of Third Party Widget Developers
As the market dynamics and content delivery systems change 2007 is the year of widgets. I've written already about
Current and Future eCommerce Challenges leveraging network effects,
Web Widgets as a Distribution Channel, of course
Facebook's Open Platform as a Serious Trend for Future Marketing and
Facebook Sets Trend for Distributed Networks.Web widgets bring the Web to you, prominent use is
iGoogle (released a set of tools in 2005 called
Fusion), Google's personalized start-pages are frequently used as an information resource and a preferred place to personalize trust worth and up-to-date news and services via gadgets.
Inspired by the success of
iGoogle, Google introduced a new pilot program dedicated to helping developers create richer, more useful Google Gadgets:
Google Gadget Ventures - Grants of $5,000 to those who’ve built gadgets we’d like to see developed further. You’re eligible to apply for a grant if you’ve developed a gadget that’s in our Google gadgets directory and gets at least 250,000 weekly page views. To apply, you must submit a one-page proposal detailing how you’d use the grant to improve your gadget.
- Seed investments of $100,000 to developers who’d like to build a business around the Google gadgets platform. Only Google Gadget Venture grant recipients are eligible for this type of funding. Submitting a business plan detailing how you plan to build a viable business around the gadgets platform is a required part of the seed investment application process.
Recently
comScore introduced a new report called
comScore Widget Metrix to serve advertisers wich relevant facts:
'“The recent explosion of user-generated content has helped create a worldwide marketplace for widgets,” said Linda Boland Abraham, executive vice president at comScore. “comScore is excited to be providing measurement for this developing content medium.”'
'comScore’s analysis of the top ten Web widgets worldwide revealed that photo-related widgets dominate the top positions. In April 2007, Slide was the top widget provider with a worldwide reach of more than 117 million unique viewers, or 13.8 percent of the total worldwide Internet audience. Other top photo-related widgets included RockYou (82 million viewers), PictureTrail (31 million viewers), and Photobucket (28 million viewers). '
'As more and more sites across the Internet employ Web widgets, the worldwide penetration will continue to grow. In April, widget penetration was highest in North America where 40.3 percent of Internet users visited a Web site with an embedded widget, followed by Western Europe (24.3 percent) and Latin America (17.5 percent).'
And of course there is already
applications for the newly released
Apple iPhone. I'm excited to watch this development to take off in the mobile space.
Labels: advertising, apple, google, networking, widgets
Promoting Google Checkout with AdSense Referrals
Just discovered
referrals for Google Apps and Checkout:
Google Checkout:
'When a user you refer to Google Checkout has an account in good standing and completes a transaction of at least $10 (before tax and shipping) within 90 days of sign-up, we'll credit your AdSense account with US $1.'More on Checkout
Google Apps:
'You will be credited (US $5) when someone clicks your referral and signs up for Google Apps with a domain that has not already been signed up for the service. The domain must then have one or more Google Apps email accounts in use for four consecutive weeks.' More on Productivity
Labels: advertising, checkout, google
eBay back to Google Advertising
When Google announced two weeks ago it would hold a
Checkout party that coincided with the beginning of eBay Live!, eBay announced that they would take away all their US ad spending and they did it, but for the purpose of an experiment and treatment to find out how dependent on Google Advertising they are. The timing was just a coincidence.
Via internetnews.com:
eBay spokesman Hani Durzy said 'that while eBay was pleased Google canceled the controversial "Freedom Party," the timing of its experiment was mere coincidence.'
Well, if eBay wouldn't need Google Advertising... eBay depends on the traffic from Google namly both, organic and non organic traffic, but Google does not depend on the traffic from eBay - and it's a global marketplace and I'm expecting Google to gain further market share in the search category.
Via internetnews.com:
"We are now slowly turning AdWords back on, in a much more limited way than before," eBay spokeswoman Catherine England told internetnews.com in an email.
In a statement emailed to internetnews.com, Google said eBay remains a valued partner: "Over the last seven years, we have worked closely with eBay to drive customers to their site and build value for their business and the business of their sellers. We look forward to a continued partnership."
Google and
eBay created the two most successful business models, search and auctions, on the Internet, but expanding into new markets led to an increasing competition in several other products and services (
Rebranding into Google Product Search).
Google Base and Google Product Search compete with Craigslist, Kijiji, Shopping.com and of course eBay and the last year launched Google Checkout competes with PayPal, especially with the PayPal Express Checkout, where
Google Checkout recently surpassed PayPal Express Checkout in terms of customer adoption, view interesting comments
here.
More on
Checkout:
Labels: advertising, checkout, ebay, ecommerce, google
Increasing Demand for Online Video and Rich Media Advertising
The latest report from
PointTopic shows that the world broadband closes in on 300 million subscribers in Q1/2007 with the top 10 broadband nations holding three quarters of the world broadband subscriptions (USA 60,362,830; China 56,258,499; Japan 26,533,000; Germany 16,142,750; France 15,304,900; South Korea 14,102,888; UK 13,953,000; Italy 9,348,250; Canada 8,010,139; Spain 7,185,932) and with the number of broadband subscribers within the
OECD increasing by 26% during 2006 further growth is for sure.
Accessing the Internet at high speeds has several positive effects on Internet usage resulting in higher connectivity and new sorts of services.
Clickz News reports that 'advertising online will nearly double by 2011 and broadband adoption will increase demand for video and rich media advertising':
"The major source of growth in the Internet area is from advertising budgets being moved from traditional to online media," said Karsten Weide, program director, Digital Marketplace: New Media and Entertainment at IDC. "At the biggest risk are newspapers and broadcast television; every single traditional media will lose revenue to online advertising."
I think the more we zap TV ads, the more important it becomes for
brands to integrate products and services into the video programming and deliver an emotional outstanding experience for the audiences.
Video has become one of the strongest growing fields on the Web -
Google Video Search recently gave its strategy a new direction towards a more comprehensive video search engine differentiating itself from YouTube incorporating more popular Web video sites.
Finding even fancy videos far beyond the mainstream Searchable sites include Yahoo! Video, MySpace, Vimeo, Veoh, AOL Video, Revver, Guba, YouTube, Google Video and more, which make it the most comprehensive video search engine providing best coverage far beyond 50% of the current free online video market making even fancy videos findable without swapping the search engine. Further expansions could include
this list of video sites.
A frame on top of the page displaying the video search field including related items and the search result item page below represent the new item page.
With a current
Web video market share of 45% YouTube dominates the Online Video market with an attractive user audience loving Internet-based clips and videos they can view, listen, interact with and participate when, what and how they want.
YouTube experiments with its embeddable player version displaying related videos. It might have the potential to increase the number of delivered web videos with several viral options at the end of the video.
New embeddable YouTube player with several viral optionsAs the
market dynamics and
content delivery systems change a user doesn't have to care about video standards any more, just upload a film and the website does the rest for one -
Blogger in Draft recently got a new video upload feature. More:
Labels: advertising, branding, markets, trend
Web Widgets as a Distribution Channel for Advertising
Web widgets bring the Web to you, prominent use is
iGoogle (released a set of tools in 2005 called
Fusion), Google's personalized start-pages are frequently used as an information resource and a preferred place to personalize trust worth and up-to-date news and services via gadgets.
As the market dynamics and content delivery systems change
Web widgets or gadgets, badges, modules, capsules, snippets, minis and flakes, embeddable chunks of code written in Adobe Flash or JavaScript represent an application of a third party with a destination target including social networks, blogs, wikis, personal homepages and even desktops have proven to be an excellent way to distribute the message to the end-user.
With Facebook's new strategy for further expansion focusing on distribution deals '
Facebook as an Open Platform' resulting in an
explosive growth for both, the social network and the services benefiting from a word-of-mouth and of course ground-breaking networking technologies and disciplines setting a serious trend for the future, Web widgets as a very successful way to distribute the message to the end-user might be the end of the page view as a metric for measuring a site’s popularity.
comScore introduced a new report called
comScore Widget Metrix:'“The recent explosion of user-generated content has helped create a worldwide marketplace for widgets,” said Linda Boland Abraham, executive vice president at comScore. “comScore is excited to be providing measurement for this developing content medium.”'
'comScore’s analysis of the top ten Web widgets worldwide revealed that photo-related widgets dominate the top positions. In April 2007, Slide was the top widget provider with a worldwide reach of more than 117 million unique viewers, or 13.8 percent of the total worldwide Internet audience. Other top photo-related widgets included RockYou (82 million viewers), PictureTrail (31 million viewers), and Photobucket (28 million viewers). '
'As more and more sites across the Internet employ Web widgets, the worldwide penetration will continue to grow. In April, widget penetration was highest in North America where 40.3 percent of Internet users visited a Web site with an embedded widget, followed by Western Europe (24.3 percent) and Latin America (17.5 percent).'
Popular widget platforms include
Widgetbox,
Clearspring,
GoodWidgets, I'm expecting more companies opening up their platform to optimize value, to broaden reach and to attract the attention of niche markets and markets that did not exist before.
Labels: advertising, markets, networking, web2.0, widgets