Online strategy: to discount or not to discount?

There is no doubt that the credit crunch, and the recession that followed, has changed consumer behaviour…possibly forever. With less disposable income and greater insecurity, consumers are more price aware and value driven compared to the pre-recession days.

As a result, there has been a significant increase in the use of discounting by retailers, restaurants and other establishments most likely to be hit hard by a reduction in consumers’ disposable income. Traditionally considered a method of clearing stock, discounting has now grown to be a significant element to online marketing strategy perhaps best highlighted by the number of printable vouchers available from sites such as Money Saving Expert, Twitter feeds and development of smart-phone applications, such as the brilliant Vouchercloud.

With that in mind, what should you consider when incorporating discounting into your online marketing strategy? Here are a few ideas to get you started…

Be sure not to alienate existing customers when trying to attract new ones
With premium fashion brands for example, existing customers feel a sense of exclusivity in wearing a particular line or item of clothing. When discounting, you potentially open yourself up to a wider audience in the short term but it needs to be considered if these are the customers you actually want. The worst thing you can do is alienate existing customers by destroying the exclusivity associated with your brand.

If looking to attract new customers, consider how to build long term relationships with them
Ensure you offer newly acquired customers an incentive to come back. Consider how to collect data so you can engage with newly acquired customers again in the future. Request that they join your social networks for further offers and add them to your mailing list, for example (the latter with their permission of course). Any promotional efforts should be aimed at developing ongoing dialogue with new customers because as the old adage says, it is a great deal cheaper to market to existing customers than it is to find new ones.

Ensure there is good reason to discount
In the minds of the consumer there should ideally be a compelling reason for you discounting. If you discount too frequently customers become conditioned to associating your brand with cheaper prices; far from ideal if you sell premium products at premium prices, for example.

Consider developing a promotional calendar around key events of the year that are associated with your products. A simple example might be having a sale on ladies dresses and hats around Royal Ascot to attract new customers.

Ensure the message is consistent across all channels
Consumers increasingly demand, in fact they expect, the ability to connect with your brand across a number of channels…seamlessly. You must therefore ensure that the promotion is timed to hit all channels, and therefore customers, simultaneously whether they are on your website, following you on social networks, using your mobile app or of course, in-store.

The flip side to this is of course, is that you can use certain channels as a means of creating exclusive offers for customers, for example discounts for those that follow you on Twitter or Facebook. Better still, create a viral element to this and you could rapidly increase your followers and therefore potential customers.

Be prepared
Once the strategy is in place, ensure the business is prepared for the uplift in sales you can expect. Are you well stocked with sale items both in-store and online, do you have appropriate staffing levels in place and importantly, are staff fully informed of the promotion? I had an amusing experience in a Brighton restaurant recently when I showed the waitress a voucher….on my iPhone using the marvellous Vouchercloud app. The poor waitress looked at me like I was mad – clearly she has not been informed that hungry punters may start waving their iPhones when the time comes to settle the bill!

Measure, measure, measure
Make sure you set objectives, establish KPI’s and put appropriate tools in place to measure results during the discounting period. This is especially important if the offer is promoted online but designed to drive the visitor in-store. Printable vouchers or the use of a mobile application can help you join the dots between different channels.

And finally…
Always ensure discounting is part of a well thought out online marketing strategy. When times are hard and you’re looking to increase sales, the traditional port of call is usually a reduction in price. Consider all of the above before resorting to price reductions to ensure you not only sell more products but you do it profitably and with long term customer acquisition in mind.

Have you adopted discounting as part of your online strategy? Has it worked as effectively as you hoped? We’d love to hear from you with your experiences.

Online retailers – New Twitter is your new best friend

The twitterati are awash with excitement about ‘NEW TWITTER’, which is being rolled out as we speak. Although I am not seeing it yet, I have had a sneak look here and I have to say I think it will be a big bonus for online retailers.

This is because the new layout has two columns; the left hand side remains the normal Twitter stream (but prettier and with extra functionality) and the right hand side is now a details pane that will show extended information about the author or subject of a tweet you click on. This is a bonus as it will also show any imagery, photos or video that is attached or embedded in a tweet without the reader having to click on a link and visit a 3rd party site, such as Flickr or YouTube.

This new details pane will allow retailers to share great images and videos of products in a fashion that does not require visitors to click away from their twitter stream. This can only enhance the levels of engagement as we all know that if customers see gorgeous product images and video they are much more likely to buy.

You may think “I am not on Twitter so this won’t affect me”, however if you have great images and videos of your products placed on 3rd party websites, such as YouTube and Flickr, then the new Twitter layout will allow your prospects and customers to share visual information about your products with greater ease and therefore to a wider audience.

This is just another reason why having top quality, visual assets, such as product images and video is so important. Many purchase decisions are emotional and there is nothing better than imagery to provoke a positive response. With social media becoming more and more visual (not to mention the recent advanced google search options), retailers who fail to underpin their online strategy with strong, shareable digital assets will fall behind those who do.

Help! Why is my average cost per click increasing in AdWords?

With the announcement of Google Instant sweeping across the industry well, instantly (pardon the pun!) over the last few days, I want to cover something else equally as important that has been grabbing our attention recently: rising click costs in Google Adwords, otherwise known as CPCs (cost per clicks).

Our analysis has shown that since May, many of our clients’, across multiple sectors, have seen average CPCs increasing month on month. Why is this? Well, amongst other factors, the price you pay for a click will strongly depend on the competition for the keyword you are targeting.  With this in mind, here are some factors which we feel may explain the rise in CPCs we have seen over recent months.

The end of the recession?

Many advertisers will have reduced their ad spend or cut it completely when the recession hit the UK. In turn, competition for paid ad placement is likely to have reduced. However, as we come out of recession and business starts to pick up again, many companies will be releasing budget and ploughing it back into paid search. As this channel offers almost instant search engine positioning with full control and maximum flexibility, it is the ideal tool for nervous businesses wishing to dip their toes back into search.

This is perhaps leading to greater competition and takes me nicely on to the next point…

Aggressive bidding strategies

Due to greater competition in the search auctions, companies may be forced to adopt aggressive bidding strategies in order to remain competitive and get in to the top positions for high converting search terms. This can result in bidding wars from advertisers, therefore increasing click charges across the board.

Summer promotions

Another possible explanation for the increase in CPCs is that many of our clients, operating in retail for example, run summer promotions or sales. With paid search being the ideal platform to run such promotions, many companies will be taking advantage of this – also leading to extra competition during recent months.

So, how do I remain competitive?

If the trend of increasing CPCs continues then advertisers (especially smaller businesses) will have to get a lot smarter if paid search is to remain a viable tool. Focusing on the cost per conversion for each keyword will be paramount in deciding the price you are willing to pay for each term. Small to medium sized businesses may also have to switch focus to long tail search terms as bigger brands with deeper pockets dominate the listings for the more generic, and therefore highly competitive terms.

There are many other ways to remain competitive as CPCs increase. Tools such as Conversion Optimiser will use your conversion tracking data with the aim of delivering more conversions at a lower cost. Ad Scheduling also allows you to adjust bids on certain days of the week or times of the day when conversions are usually at their highest. There are many other ways but I’ll save these for a later blog post!

Will Google Instant affect my CPCs?

As Google Instant has only been live for a few days (to those in the UK it is only available for Google account holders who are logged in), it is still very early to say what impact it may have on paid search. Over the coming weeks and months advertisers should keep a watchful eye on any unusual shifts in impressions and click-through rates (CTRs). A drop in the CTR could negatively impact quality scores, thus potentally leading to higher CPCs.

I’d love to hear if any other AdWords advertisers have experienced similar increases in their CPCs over the past few months. Please leave any comments below.

Hijacking the news agenda for link building

Out of the many editorial link development tactics we use on a weekly basis, hijacking the news agenda is certainly one of the most challenging, but also one of the most exciting and potentially lucrative. Jumping onto a live story requires the team to keep a keen eye on the developing news agenda, spotting an opportunity for a client and then crafting a relevant response.

Our most recent news hijack is also one of our most successful to date and was on behalf of long time client, Ecclesiastical Insurance.

To provide a brief background, 70% of weddings are uninsured and when you consider that the average wedding costs £20,000, this is a huge financial investment not to cover.  Our client Ecclesiastical’s cover is famous for it’s ‘mix and match’ policy, that enables couples to personalise their insurance depending on the elements they are investing in.  Most wedding insurance covers a standard set of suppliers or circumstances so we’re always looking for opportunities to educate the target audience on Ecclesiastical’s offering. So when as a part of our daily scan of the news, we spotted wedding site confetti.co.uk possibly going into administration (22nd August), we jumped into action.

After a quick call to the client (who as a marketing veteran had similar ideas!), we agreed a plan of action.  To speed up approvals, the client’s internal PR team drafted a release for the offline media, which we were allowed to edit and tweak to work for our online contacts and include key anchor text (one of our targets for Ecclesiastical is to improve rankings for the key non-brand search term, ‘wedding insurance’).

As the release was being approved, we drew up a media list of key national and insurance media.

Selling in of the story began on 23rd of August, the day Confetti.co.uk actually went into administration and after our initial sell-in to our key media, we ‘followed the sun’ on the sell-in and handed the release over to the international news wires so it could be distributed to insurance and financial media across the world.

Although we were confident that we’d get some pick up, the response over the next two days was phenomenal. By the end of the week, we had secured 125 links from separate domains for the story – 98% of which featured our key non-brand anchor text, ‘wedding insurance’.  A fantastic result within an incredibly short space of time.

Even more exciting was the calibre of sites that picked up the story.  Yahoo! Finance, Marketwatch.com and the Fox news channel sites all ran our release, amongst many others.

Within the space of five days we had spotted a story, worked with a client’s online and offline marketing team to maximise the opportunity and secured 125 editorial links for key anchor text.  All in all, an exhausting, but exciting week for the Leapfrogg social media and content team, and more importantly a great result for the client.

Learn from the Froggers – News hijacking do’s and don’ts:

So how can you replicate this success? Well, here are a few pointers for both agencies and clients to consider in making this work:

Do read and watch the news…like a hawk!:

Opportunities can pop up at any time, but certain types of brands will always find something to jump on at certain times of the year.  For example, retail brands should always be looking to comment around traditional sales times or seasonal peaks. Travel brands should keep an eye out in the run up to summer – airline strikes give you good opportunities to be the consumer champion, for example.

Do agree a plan of action or process well in advance:

Stories will always need to be turned around quickly – often same day – before the news agenda changes again, so prepare as much templated information and discuss the agency / client processes well before any opportunity arises.  Who would draft the release? Who would approve it?  If key contacts are on holiday, who makes the decisions? And if the media need quotes, images or case studies urgently, who is the go-to to source the collateral you don’t already have to hand?

Understand that the media is a fickle mistress!:

Sometimes today’s news can most definitely be tomorrow’s chip paper – understand that and appreciate that if you don’t give the media what they want and when they want it, you’ll lose the opportunity.  Conversely (and perversely!) some stories can run and run.  It’s difficult for the news editors themselves to predict what’s going to happen next, so appreciate that your agency will not be able to anticipate the twists and turns of a story.  In this way, trust your team to sell in when they think it’s right and to be real consultants to your client and advise you when it’s time to give up.

Enjoy it!

News hijacking is fast and furious, but when it works like it has done for us this occasion, it is one of the most rewarding tools that we keep on ice in our little link development pond here at Leapfrogg.

If you have any similar experiences, get in touch. We’d love to hear from you.

A quick guide to new features on LinkedIn

At the end of last month, social network LinkedIn rolled out some fairly major changes with regards to how the site’s groups feature works. LinkedIn is a really useful tool for developing your career; whether it’s for networking, sourcing new employees, or quickly finding out the answer to a difficult question. Since the groups feature was introduced last August it has proved an invaluable tool for networking with industry peers and keeping up with the latest news in your sector.

So what have they changed? Well first of all, conversations threads are a lot easier to follow; when group members post links to external pages they appear as they do in the news stream on the home page. This allows you to view important information much faster – essential if you’re trying to find something quickly and easily.

The success of Facebook’s ‘like’ button has inspired LinkedIn to add a similar feature. So users can find the most popular and useful content, everyone has the chance to vote on whether they ‘like’ the information that’s been contributed. This saves time and lets everyone find the most important content without having to search through the irrelevant stuff.

The biggest change LinkedIn has made, and arguably the most exciting, is the profiling of the most influential users in each group. Previously, you needed to scroll through all of the conversations to find out who posted the best content. That has all changed, as LinkedIn now does the leg work for you by rating the top influencers.

Now users can find out who the most influential members are straight away and keep up to date with what they are contributing. The new changes let you choose to receive email updates when individual members post comments or ‘like’ a piece of content.

We are always preaching to clients about how useful LinkedIn groups are for discovering news and insight from industry peers. The changes make it a lot easier to find new content; but more importantly they let you find out who is regularly posting it.

Once you discover who is posting really good content make sure you follow them; find out if they have a blog (most LinkedIn users have links to their blogs or websites on their profile), and find their Twitter details (again these are usually found on the user’s profile page).

Once you are following them start engaging; ask them questions, offer advice and get involved! LinkedIn selects the most influential users based on the amount they post and the number responses their posts get. So start posting interesting and useful links and you too could become a top influencer!

Infographic – the online retail wheel of fortune

With ever-increasing competition online and the demand to deliver a multi-channel shopping experience, online retailers have a never ending list of actions they need to take in implementing a successful digital marketing strategy.

Add to that the growing sophistication in how search engines display their results; the introduction of blended search, personalised search, social search and real-time search demand a much more holistic approach to search engine optimisation (SEO); an approach that combines traditional activities, such as keyword selection and link building, with more contemporary tactics in social media and content marketing.

A successful online retail strategy is therefore made up of many parts that are continually growing and repeating throughout the customer buying cycle. This can at times be overwhelming as retailers struggle to find the resource, time and skills to succeed in every necessary area.

Understanding this, we thought we would lend a helping hand to online retailers by creating the infographic to end all infographics; the online retail wheel of fortune. This is a graphical representation of the main elements to be incorporated into your online strategy to maximise success.

And here it is! Now being rather large, and very detailed, you will need to download the pdf version to digest it fully, which you can access by clicking here.

As you will see we have split our graphic into four main sections, representing key stages of the customer buying cycle as follows:

Reach
Covering the top line projects and tactics aimed at maximising your online exposure, therefore enabling you to connect with as many prospects as possible, which in turn drives more of the right traffic to your website.

Engage
The tools and techniques you can use to ‘talk’ to your audience once you have found them.

Convert
How to turn those engaged prospects into customers by optimising the user experience on your site, for example.

Retain
The actions you need to take to encourage repeat sales and develop advocates of your brand.

For each key stage of the buying cycle, we have detailed areas of attack, top level projects, specific actions within those  projects and some of the key benefits you will experience. Start with ‘reach’ before working your way out and then around to the next stage.

We realise it is a lot to take in…but this should also highlight just how much is involved in researching, planning and implementing an integrated digital marketing strategy for retailers.

We’d love to hear from you with your comments.

A beginners guide to: real time search (part 1)

In my recent quest to introduce you to the latest developments shaping how search engines display their results I have already talked about personalised search and social search. This time, I’m turning my attention to perhaps the most exciting (and potentially game-changing) development; real-time search.

What is real time search?

First off, ‘real time’ refers to something that occurs immediately. In the online world, the most obvious example of where content is published in real-time is Twitter. Compare how long it takes to write and publish a tweet compared to say, a blog post. With the latter, it takes minutes, hours or possibly days to research, write and publish an article to a blog. With Twitter on the other hand, content is written, published and visible within seconds.

The benefits of real-time information from sources, such as Twitter, have not been lost on the major search engines. In recent months, both Google and Bing announced agreements with Twitter to include tweets (real-time data) in their search results.

This means that for certain searches carried out on Google or Bing, users will be presented with search results that contain information published just minutes, or even seconds ago. This is very different to how search engines traditionally display their results where there is a reliance on spidering content, storing it in a database and then presenting it back to searchers. This process takes time meaning information can be out of date quickly.

How are results featured?

There is a difference between the two search engines and their integration of real time results into their respective search engine results pages (SERP’s). If a user wants to view Bing’s real time results they go to www.bing.com/twitter. However, Google is different in that real time information is incorporated right into its normal search results, and often at the top of the page.

It is important to note that you won’t see real time results on Google for every search you carry out. Real time search is only triggered if Google believes information in real-time will be seen as valuable to searchers. A great example is the recent volcanic eruptions in Iceland. Searchers want the latest information on what is happening. They cannot wait for Google to spider content in the traditional fashion (although Google is pretty quick at doing so these days). Instead, searchers want the very latest news as it happens.

Check out the screenshot below for an example:


As you can see, Google considers the volcanic eruptions to be a “hot topic” (I imagine all those people stuck in foreign climes unable to get home would agree!) due to the mass spike in information being published online. Therefore, in the “Latest results for volcano news” section you can see a scroll of real-time information, from sources such as the Guardian and most notably Twitter.

Why has real time search been introduced?

In theory, real time search means that both Bing and Google can provide their users with the most up-to-date information around a search query, therefore increasing the relevance and usefulness of their search results.

It means that when searching for information on key events, such as the Icelandic volcano, users can see what happened minutes or even seconds ago. And this information is present right where searchers want it to be; incorporated into the search experience.

This is obviously fantastic for accessing news as it happens but what about the impact on brands. If, as expected, real-time search continues to move beyond news related items to be more widespread, a disgruntled customer venting their anger on Twitter, may not only be seen by their followers on this specific social network but their tweet may also feature in Google’s actual search results…and all in real-time!

Next time, I’ll be looking at this issue in more detail, as well as the other means by which real-time search impacts your digital marketing efforts. Until then…

Buzz monitoring: the difficulty in tracking generic brand names

Please note, this post was written by Catherine Pryce before she left the company.

Last time, I introduced you to the idea of buzz monitoring where companies can use tools, such as Radian6, to quickly identify where their brand name is being mentioned online and by whom. Such insight is invaluable as consumers are increasingly willing, and easily able, to share their thoughts with hundreds, possibly thousands of others through blogs, forums, reviews sites and social networks. Those companies that understand the need to engage with their customers through social media channels can use buzz monitoring tools to quickly identify disgruntled customers and respond to them in a public environment. Equally, buzz monitoring tools allow companies to see the positive conversations happening around their products and services, allowing their biggest fans (evangelists or advocates if you like) to be identified.

I’ve been a user of the more sophisticated tools, such as Radian6, for a while now. For most brands I have been monitoring the tool works fantastically well. However, what I have realised is that the use of a buzz monitoring tool is a great deal more difficult if you have a brand name that contains a generic word or phrase.

Let’s take the well-known chemist, Boots, as an example. On the high street Boots is an instantly recognisable brand with a store in most towns. However when it comes to social media, and in particular tracking their brand name, they are not just lost in the noise but effectively buried. Why? Because their brand name is a generic term. Finding mentions of ‘Boots’ (the chemist) is virtually impossible as it struggles to fight through the thousands of conversations happening online everyday on the topic of ‘boots’. Using Addictomatic, for example, I found just one Tweet mentioning Boots (a poor soul felt like their head was on fire having just washed their hair using tea tree oil – ‘going to Boots to get some head and shoulders’ was their plan of action!).

As you can see, this was nestled in a page full of conversations around UGG boots, cowboy boots and Wallmart. This makes it very difficult for Boots to fight through the noise.

Another example is to look at two of the giants of the mobile phone world, Vodaphone and 02. ‘Voda’ doesn’t necessarily mean anything (but if you are interested it means water in Russian!) but combined with the word ‘phone’ is a brand name that is highly distinctive, thus much easier to monitor using tools, such as Radian6. As a result, Vodaphone are well placed to monitor where they are being talked about online before responding promptly and accordingly. O2 however is a letter and a number, still a distinctive combination but seemingly more difficult to track in online conversations. A few months ago, Sales Director Ben and I, had become tired of the constant barrage of unsolicited text messages from O2. On a number of occasions we tweeted about our frustrations. Did we hear back from O2? No, we didn’t. Is this because they didn’t ‘hear us’ through the noise? It is difficult to know for sure in this instance. But bear in mind it only takes a space between the ‘O’ and the ‘2’, or a zero instead of the ‘O’ for tracking of this brand to be infinitely more difficult thus underlining the perils of generic branding, buzz monitoring and therefore reputation management.

Now you might say in the above examples; why not track more specific phrases, such as ‘Boots the pharmacy’, ‘Boots the chemist’, or ‘02 phones’? However, few consumers are likely to use such phrases when talking around the brand, particularly when using Twitter where the user is restricted by the 140 characters that a tweet allows. Equally, you could use the available filters in buzz monitoring tools but these are not always effective, particularly with a term such as ‘boots’ where there are potentially hundreds of associated words that would need to be filtered out. And using too many filters can almost have the opposite effect and leave you with very little noise at all!

What’s the solution?

For companies like Vodaphone, their choice of company name all those years ago, in the context of buzz monitoring, has to be considered more accident than design. However, in 2010, new companies coming to market need to carefully consider their choice of brand name. If you have aspirations of growing a successful business you need to accept that the Internet will play a pivotal role and inevitably customers will talk both positively and negatively about you online. It is therefore vitally important that you have the ability to track these conversations. A company name that uses one or a number of commonly used words may cause problems for you when it comes to monitoring the brand online. Should you dictate your entire branding strategy around the ability to track mentions of your company name? I perhaps would not go as far as that, as every situation is different, but it must certainly be a major consideration.

If you are a well-established company finding it difficult to track the conversations happening around your brand, you need to find ways of influencing the target audience to describe you in a way that makes it much easier to monitor noise. My solution is to use associated keywords in the information you push out to your community with the aim of encouraging the community to also adopt these keywords when talking about your brand.

To do this, you need to understand very clearly what it is that you stand for, what it is that makes you different to your competitors. Begin by creating a powerful message or tag line. You need to be crystal clear, able to sell your product, its features and benefits in a quick, keyword-rich, one-liner. Try and stick to around 140 characters or so. Think about relevant keywords that describe what you do and incorporate them into this description.

Online and offline strategies then need to be tied together so that the same, short, succinct message is used across all media. Online, a description of this kind should be consistently used in Meta data, anchor text, directory submissions, social media platform descriptions, press releases and so on.

Once you have established your message you can begin to use the closely associated keywords in online campaigns, promotions, hashtags and so on. Going back to our real life example, with Boots there are a number of keywords that you would closely associate with their products and services, ‘health’, ‘beauty’ and ‘pharmacy’ for example. Specific streams might be set up on Twitter when discussing certain product lines:

Boots Health: Blog post from Boots on vitamins for winter colds”

Boots Beauty: Get bikini beautiful in time for summer with these products (link) “

“Advice on quitting smoking from the Boots pharmacy #quitsmokingwithboots

By doing so you are encouraging your audience to also talk about Boots using commonly associated keywords. The conversations happening around ‘Boots’ become a great deal easier to monitor because you have encouraged the target audience to use associated keywords in how they describe the company, which in turn makes the use of filters in Radian6 a great deal more effective.

It is worth adding this is a longer term solution to the issue faced by companies like Boots as and by no means fool proof. But in my ealru experiments with Radian6 it does work.

I’d love to hear from anyone at Radian6 with their thoughts.

A quick introduction to buzz monitoring

Please note, this post was written by Catherine Pryce before she left the company.

What is buzz monitoring?

A buzz monitoring tool allows you to quickly identify where your brand name is being mentioned online and by whom. The same tools can be used to track keywords associated with your products, services or competitors, as well as any other words or phrases associated with your industry.

Google Alerts is an example of a very basic buzz monitoring tool but it has its limitations compared to the more sophisticated tools now available, such as Radian6 for example.

Why is buzz monitoring important?

Social networks, blogs, forums and review sites offer an open invitation for prospects and customers to say both positive and negative things about your company, depending on their experience in dealing with you. You cannot control what is being said; there is no point in trying. Instead, you should view these conversations as opportunities. Those spreading positive messages about you need to be nurtured; they are your brand advocates. Unhappy customers are offering valuable feedback that you might not otherwise have heard allowing you to learn and improve.

It is also important to consider that any content mentioning your company name, whether it is created by you or your customers, is likely to be found in search engine results. Furthermore, this is increasingly in real-time with information from Twitter, for example, found at the top of the search results page.

Therefore, if a disgruntled customer vents their anger on Twitter, it will not only be seen by their followers on this specific social network but may also feature in Google’s actual search results! Therefore, these days, search engine optimisation (SEO) involves monitoring and managing your reputation just as much as it involves the traditional optimisation factors, such as keywords and links.

What can you monitor?

Buzz monitoring tools continuously scan online spaces, including blogs, forums and social networks, such as Twitter for mentions of specified search terms and phrases, for example your company name. This allows you to quickly and efficiently discover the following…

  • The websites where your audience is most active; allowing you to dedicate your time and resource to the right blogs, forums and social networks
  • Your brand advocates; these are the customers spreading positive messages about your company to their network of friends, peers and social contacts. Being aware of, and engaging with these people, presents a multitude of benefits
  • Negative sentiment; unfortunately, you can’t satisfy every customer and neither will you get it right every time. Disgruntled customers are increasingly turning to blogs, forums, review sites and social networks to share their experiences, which in turn can be seen by hundreds, maybe thousands of others. Engaging with these people and putting things right (in a very open and public manner) can reap rewards for forward thinking companies
  • Sales opportunities; imagine if you could be alerted every time somebody was looking for information or advice on a product or service you sell. Being alerted in this way allows you to respond with useful information to answer a prospects question, which in turn helps position you as an expert. With the right approach this can have a positive impact on leads and sales
  • The conversations happening around your industry; by understanding the desires, issues and concerns faced by your target audience you can in turn create useful content, which again helps position you as an expert or authority

What you must consider is that prospects and customers ARE talking online about your business or at the very least about your industry. The use of a buzz monitoring tool allows you to see these conversations as they happen, which in turn allows you to react and contribute to what’s being said. Buzz monitoring tools are infinitely more powerful than Google Alerts as they are more thorough and work in real-time alerting you to the conversations happening right now.

It is also worth adding that buzz monitoring should form one part of a properly planned social media strategy. In particular, guidelines and policies should be established for responding to comments, good and bad.

Next time, I’ll be exploring the problems that companies encounter with buzz monitoring tools when they have a generic company name, such as ‘Boots’.’

Until then…

Google AdWords Search Funnels: how they can help your paid search campaigns

Hi I’m Andy, currently on an internship at Leapfrogg but due to join full time. I haven’t got a profile quite yet but that hasn’t stopped me contributing to the blog with a look at one of Google’s latest releases, Adwords Search Funnels…

Google is on fire at the moment. Not only have they recently added exciting new features aimed at improving the quality and relevancy of their search results, such as social search and personalised search, they are now launching a new reporting feature in their paid search advertising platform AdWords, called AdWords Search Funnels.

What are AdWords Search Funnels?

AdWords Search Funnels are a set of reports which show all of the keywords and impressions in Google that assisted in leading up to a conversion (such as a purchase). Up until now, Google could only show the last keyword before a conversion action.

How do they work?

When someone clicks on your ad in Google, a funnel is created. The funnel data will then track any Google AdWords paid search activity for 30 days thereafter in relation to your ad, from impressions, keywords and clicks. If the user clicks on one of your ads again and then converts within this 30 day time period, a search funnel report is created.

The search funnels consist of a number of useful reports, including a Top Conversions report, Assisted Conversions, First and Last Click Analysis, Time Lag (the average number of clicks and impressions prior to conversion) and Path Length (the amount of time it takes a customer to convert after seeing or clicking on your ad for the first time).

How useful are they?

Search Funnel Reports will provide a clearer picture of the performance and true value of your paid search campaigns, ad groups and keywords.

During the shopping cycle, people tend to perform multiple searches before making a purchase. For example, let’s imagine someone runs a search on a generic term such as ‘mobile phones’ and clicks on your ad (a funnel is created). It is highly unlikely they will convert first time round, so they go away and research other sites.

After spending some time researching mobile phones, they run a new refined search a few days later on the term ‘iphone.’ They end up back on your site by clicking on your ad and eventually make the purchase.

The search funnel report is now created (as long as your ad is showing against the term ‘iphone’) and will show that the term ‘mobile phone’ assisted in the conversion.

This kind of reporting provides great insight into the behaviour of your consumers and can really help you to make more informed decisions on your campaigns, ad groups and keywords.

Limitations

It is important to note that the tool will only report on keywords that your ads are showing against, as a result there could be potential hidden keywords that would convert for you which are not selected in your campaign.

Another consideration is that the reports only relate to Paid Search ads in Google therefore no natural search activity is tracked in the funnel. Finally, the search history tracks a maximum of 30 days – meaning any buying cycles (from first click to conversion) which take longer than 30 days will not be included in the reports.

How can I set it up?

As this feature is only available in your AdWords account, you must have either AdWords conversion tracking set up or import your goals/transactions from Adwords from your Google Analytics account for it to work.

This exciting new feature is gradually being rolled out into Adwords accounts over the next few weeks, so make sure you keep an eye out for it. Until then…