luni, 14 noiembrie 2011

Schema.org - Why You're Behind if You're Not Using It...

Schema.org - Why You're Behind if You're Not Using It...


Schema.org - Why You're Behind if You're Not Using It...

Posted: 13 Nov 2011 12:27 PM PST

Posted by CraigBradford

If someone told you that there was a quick and easy way that many of you could improve your SERP CTR for minimal effort, you'd all stop in your tracks and give them full attention. Yet, Schema.org and rich snippets are still horribly under-utilized.

Since Google (and Bing!) officially introduced schema.org in June, it’s fair to say motivation to implement it has been mixed. However since its introduction Schema.org has already evolved a lot, adding a lot of new stuff that people haven’t paid attention to. Here I try to persuade you there are few downsides and plenty of upsides.

Myth: Schema.org markup doesn’t get rich snippets!

A common objection I hear to people not using Schema is that there’s no point because Google don’t use it for rich snippets. WRONG!

This was true, but is no longer; lots of websites in different markets have taken a leap of faith and are seeing the benefits in the form of rich snippets.

Examples of Schema.org Rich Snippets Showing in Google

The following are all examples of websites that are currently using the Schema.org vocabulary:

E-Commerce

Image Source | See The Example Page

TV Series

Image Source | See The Example Page

Movies

Image Source | See The Example Page

Events

Image Source | See The Example Page

Recipe

Image Source | See Example Page

As you can see Schema.org is definitely being used by Google.

Schema.org is not a language.

Schema.org is a Microdata vocabulary; not a language in and of itself. Let me explain the difference, as there is still a lot of confusion in the SEO community.

There are various languages that do the job we're discussing:

  • Microformats
  • Microdata
  • RDFa

When marking up any content on a page for rich snippets or similar machine readable reasons, the method of doing so is always a mix between one of these and a vocabulary. See the example below of using Microdata with the schema.org vocabulary.

Of the language and vocabulary above, it’s the vocabulary part that all the search engines have agreed to standardize with schema.org.

When Google originally announce that they were going to support the Schema.org vocabulary, they also dropped the bombshell that they supported only Microdata.

They also said that although they would continue to support the existing rich snippets markup, you should avoid mixing the formats together as it can confuse their parsers.

The fact that you couldn’t mix Schema.org and microformats or RDFa annoyed a lot of people and as @TomAnthonySEO pointed out in his HTML5 blog post, Kavi Goel from Google later said this was a mistake and they are fixing it. You can read the discussion here

BREAKING NEWS: 2 days ago a pretty big announcement was made on the Schema.org blog. There are plans in the pipeline for the Schema.org vocabulary to be used with the RDFa language; with support for using other vocabularies on the same page.

5 underused Schema.org applications

I personally believe that Schema.org is the future and if you’ve not already done so, you should be implementing it right now. Regardless of what type of website you have, there are always ways you can use Schema.org, even if it’s simply defining an article and the publish date.

That being said, there are cases where I think you can gain even more by implementing it, here are my top 5 examples of ways I think Schema.org should be getting used.

Events.

The event schema lets you get really specific about what type of event you are describing. Right now you can specify an event as any of the items shown in the image below.

With the recent QDF update, it’s important that you give Google as much information as possible. Events by their very nature are obviously time sensitive so using schema.org to enforce event details is obviously a good idea.

The events schema is a pretty comprehensive vocabulary, you are able to markup things like; attendees, duration, performers, location and the start and end date. For more information see the events page: http://schema.org/Event.









Jobs

I don’t think I can describe how amazing this is. The jobs markup is a recent addition to the schema.org vocabulary and was announced last week on the schema blog. Even more amazing is what was announced on the Google blog today. Google have just launched a custom search engine that specifically looks for Schema.org job markup. The custom search engine is used to find veteran-committed job openings. You can read the blog post here.

I would love to see search related queries returning results like that in the example below.

Reputation Management

This isn’t ground breaking so I’ll make it quick. Make use of the Person Schema to make the best page online about the person in question. Not only can you mark up the obvious things like name and age, you can use the tiny details such as what university they went to (alumniOf), what awards they have won (awards), where they work (worksFor), who their colleagues are (colleagues) and even who their family are (parents, siblings, spouse, relatedTo). This is an easy way to make a super targeted page around a single person. I tried this on my own blog and marked up as much as I could. (Disclaimer: I’ve not got round to actually writing a blog post yet but you can see my about Craig page that I used as a schema test. When you put this page into the Google rich snippets tool, look how much information they are now able to extract.

That is an amazing amount of information and is now obviously an awesome result to Display when some one searches my name. This is how it would look in the SERPS as well.

News Sites

The recent QDF update reinforces how committed Google are to displaying fresh content where appropriate. Schema has now extended the vocabulary to include a section specifically for the news industry. This now allows you to reference a particular page or column in the physical paper edition if appropriate. The image below shows the recent additions.

News sites should be using this to markup to tell the search engines what their content is about and when it was published.

E-commerce

I can’t believe how many e-commerce websites I see without any markup at all. People spend so much time trying to rank higher and forget to get the low hanging fruit. Rich snippets are an amazing way to increase click through rates by drawing attention to your listing. The Ebay example shows how much the stars help make the listing stand out.

Wrap up

I hope I’ve managed to convince you that Schema.org is worth implementing right now.

There are already the benefits of rich snippets to be had but this isn’t just about rich snippets; it’s about creating content that machines can understand and reference. There are already services that try to make use of this kind of information such as Silk, Apples Siri and potentially Wiredoo. Ensuring that you are ahead of your competitors can only be a good thing.

For those of you that don’t know me, my name is Craig Bradford and I work at Distilled as an SEO consultant. If you have any questions please leave comments or ask me on twitter @CraigBradford


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Now That's a Basketball Court

The White House Your Daily Snapshot for
Monday Nov.14, 2011
 

Now That's a Basketball Court

President Obama and the First Lady ended Veterans Day aboard the USS Carl Vinson where they watched the University of North Carolina men's basketball team defeat Michigan State University in the first-ever Carrier Classic. They were joined by more than 8,000 people, most of them uniformed military personnel, on the flight deck of the 95,000-ton, Nimitz-class ship.

As much as the President loves a good game of basketball, he made a point to say that the real reason for the event was to celebrate the members of the U.S. armed forces and their families and ensure that our nation does right by its heroes.

Read the blog post here.

Carrier Classic

An MSU player drives to the basket during the NCAA Men's Basketball game between the University of North Carolina and Michigan State University on board the USS Carl Vinson, docked at North Island Naval Station in San Diego, Calif., Nov. 11, 2011. (Official White House Photo by Lawrence Jackson)

In Case You Missed It

Here are some of the top stories from the White House blog.

Women's Issues Are America's Issues
Senior Advisor to the President Valerie Jarrett reflects on the President's powerful speech on the importance of continuing the fight for equality for women and girls during a dinner that honored Freedom Riders, who put their own lives in jeopardy in order to fight for the end of gender segregation in the South.

President Obama at the Asia-Pacific Economic Cooperation (APEC)
President Obama kicks off the annual Asia-Pacific Economic Cooperation (APEC) Ministers and Economic Leaders’ Meeting in Honolulu, Hawaii.

Weekly Address: Honoring Our Veterans for Their Service and Sacrifice
President Obama speaks from the USS Carl Vinson in San Diego during Veterans Day and calls on all Americans to rededicate themselves to serving our brave men and women in uniform as well as they have served us. 

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Let Infographics Boost Your SEO

Though the popularity of infographics has exploded over the past few years, questions may always linger about how to design and promote graphics that generate leads, build your reputation or expand your company's reach on Facebook and Twitter.

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Alta Equipment Company is a family-owned business, which was founded by Steve Greenawalt in 1984. The firm provides industrial forklifts, heavy construction equipment, and warehouse solutions to a variety of companies in the Midwest. They currently have 14 branches located in Michigan, Illinois and northwestern Indiana, and they carry an array of brands from Combilift forklifts to Volvo construction equipment. ... Read Full Article »

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Seth's Blog : Adversity and the route to success

Adversity and the route to success

Resource-rich regions often fall behind in developing significant industrial and cultural capabilities. Japan does well despite having very few resources at all.

Well-rounded and popular people rarely change the world. The one voted most likely to succeed probably won't.

Genuine success is scarce, and the scarcity comes from the barriers that keep everyone from having it. If it weren't for the scarcity, it wouldn't be valuable, after all.

It's difficult to change an industry, set a world record, land big clients, or do art that influences others. When faced with this difficulty, those with other, seemingly better options see the barrier and walk away.

Why bother? The thinking is that we can just pump some more oil or smile and gladhand our way to an acceptably happy outcome.

On the other hand, people who believe they have fewer options take a look at the barrier and realize that even though it will be difficult to cross, it's the single best option they've got.

This is one of the dangers of overfunded/undertested startup companies. Without an astute CEO in charge, they begin to worry more about not losing what they've already got than the real reason they started the project in the first place.

 

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duminică, 13 noiembrie 2011

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Australia in Recession; Spending Slide Spreads from Housing to Service Sector; Australia's Double Whammy; US Dollar Safe Haven?

Posted: 13 Nov 2011 08:29 PM PST

The Australian economy is toast. Forget about GDP and distortions of it thereof. Australia's housing bust will linger for years, and as I expected it has spilled over into retail spending and now the service sector.

Westpac, Australia's second biggest lender says Spending Slide Spreads
KEY parts of Australia's services sector are being hit by the slowdown in consumer spending.

Figures released by Westpac, the second biggest lender, shows that the well-publicised impact on the retail industry has spread to hotels, the construction industry and the finance and insurance sectors. Cafes and restaurants have suffered as consumers have closed their wallets and concentrated on paying down debt.

Along with hotels, with which they are bracketed, food outlets have incurred one of the biggest jumps in percentage terms in the number of impaired loans and bad debts incurred by Westpac over the 12 months to the end of September this year. The figures cover 14 major sectors of the economy including property, manufacturing and mining.

According to the data released on Friday as part of the bank's compliance with risk and lending rules, Westpac saw impaired loans run up by the hotel and food hospitality sector rise by $71 million to $205 million. It also recorded a small increase - of $5 million to $54 million - in the money it has set aside to cover debts that it may not recover.

Big increases in impaired loans year on year were recorded by construction companies (up $69 million to $180 million) and the finance and insurance industries (a rise of $63 million to $213 million). Westpac has also raised its specific provisions for likely loan losses for those sectors.
Australia's Double Whammy

The above article by The Age goes on and on. That snip is about half of it.

This certainly is not unexpected (at least by me), as a natural progression of the housing bust. Moreover, Australia faces a "double whammy".

China is slowing and that will effect commodity prices as well as Australia's export sector.

Those thinking Australia will be immune from recession because of China have another thing coming. Indeed, Australia will bust even if commodity prices stay firm.

US Dollar Safe Haven?

Those playing the Australian dollar as a safe haven might wish to reconsider. For more on currencies, please see Perfect Storm; Eight Reasons to be Bullish on the US Dollar.

By the way, I need to point out my liking of the US dollar is in comparison to other fiat currencies (not gold), and that my opinion fluctuates with the circumstances. Long-term, the US dollar is not a safe haven.

This is not a change in stance. This has been my position all along as evidenced by my opinions on gold stated numerous times over the years.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List


Yuan Deposit Growth Slows; Investors Dump Yuan for Dollars; What Would Happen if China Floated the Yuan?

Posted: 13 Nov 2011 05:03 PM PST

Inquiring minds are reading the South China Morning Post which says Yuan deposit growth slowing
Yuan deposits in Hong Kong may have dropped significantly last month due to falling trade volumes with the mainland and a weakening of the currency in the offshore market, analysts said. Bankers and analysts said while the brake could be a positive for local banks in the short term, if the trend continued it could impact their strategy to bet big on yuan business. The slowdown could also drag the pace of the internationalisation of the yuan, while not derailing it.

Daniel Hui, HSBC foreign-exchange strategist, said this week that yuan deposits in October could show "a sizeable decline". This would be a huge reversal from the upbeat expectations markets had at the beginning of the year, when forecasts reached 1 trillion yuan.

The Hong Kong Monetary Authority has yet to release October figures on yuan deposits, but by the end of September there was about 622 billion yuan in the city.  "Based on recent trends, I would be doubtful that the figure could top 700 billion yuan at the end of the year," said Frankie Kwong, treasurer of Wing Lung Bank. He said if the trend continued into the first quarter of next year it could pinch banks betting big on pushing their yuan business, meaning they would have to adjust their strategy accordingly.
Investors Dump Yuan for Dollars

Michael Pettis at China Financial Markets had lengthy comments and an interesting chart on the above article via email. Here is a short text snip (minus the chart) in the sake of fairness. His complete article will appear on his website shortly.

Pettis writes ....
China of course suffers less from flight capital risk than Europe, but hot money does seem less eager than in the past to enter the country, and outflows seem still to be increasing.  Regular readers know that I have always been skeptical about the excitement over RMB internationalization, and I consider much of the evidence to be exaggerated or misleading.  What drove the redenomination of trade into RMB, I have always believed, was not transactional interest but largely speculative interest.

One of the strongest pieces of evidence for my saying this was that nearly all of the trade that had been redenominated into RMB had to do with Chinese imports, and almost none of it with Chinese exports.  Remember that Chinese imports in RMB leave the seller long RMB in their offshore accounts.

In that case as long as there was speculative demand for RMB, it made sense to redenominate Chinese imports into RMB in order to provide off-shore investors with legal long positions in RMB.  But now that the speculative demand for RMB seems to have dried up, at least temporarily, some of the excited talk about the glowing future for offshore RMB business is fading.

In the past couple of months the value of the RMB during daily trading has plummeted, even more sharply than it had after the Lehman crisis, and the PBoC has had to set the morning parity at a premium to the previous day's close in order to maintain the appreciation trend of the RMB. 

Daily trading seems to suggest that investors are eager to dump RMB against dollars.  If this is true, it is not surprising that central bank reserves in the third quarter rose by so little ($4 billion) even though the current account surplus was around fifteen times that amount.
What Would Happen if China Floated the Yuan?

For months China was attempting to slow appreciation of the Yuan to the consternation of the Fed, Congress, and Treasury Secretary Geithner.

Now China is acting to prop up the Yuan. Thus, and contrary to popular myth about the alleged massively undervalued Yuan, were China to let the Yuan float right now, the currency might sink because "hot money" has given up.

Imagine the uproar in Congress if China did float the Yuan and it held steady or dropped.

A slowing China is bullish for the dollar (at least in isolation). For details and a complete discussion, please see Perfect Storm; Eight Reasons to be Bullish on the US Dollar.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List


Slovenian Economist Emails "Our Banking System is on Brink of Collapse"; Housing Crash and Incompetent Bureaucrats Blamed

Posted: 13 Nov 2011 09:56 AM PST

In response to last Friday's post Slovenian Bond Yield Breaks 7%, First Time Since Euro Entry in 2007 I received an interesting email from a Slovenian economist who says "Our banking system is on the brink of collapse."

Luka Gubo writes ...
Hello Mish!

I am an economist from Slovenia (I have written you before about social unrest in Slovenia). I just want to point out few facts about Slovenia.

  1. Slovenian debt to GDP ratio has doubled since 2009 (one of highest growing on the planet)
  2. Our banking system is on the brink of collapse. Biggest bank (Nova Ljubljanska Banka - NLB) is owned by the government and almost all the money it has lent is sub-prime (much worse than in US up to 2007/08) or it was lent politically to chosen people who now can't pay the debt back. NLB has 15% bad loans (payments being late more than 90-day) and the number is getting higher.
  3. Our housing market is frozen. Prices are not falling because no one is buying or selling. Most of the construction companies are bankrupt and they owe lots of money to banks. (percentage of loans that payments are late in construction sector is mind boggling 25%! - and is even growing!)
  4. Government has recapitalized NLB with 250 million €. It will probably do it again with 400 million. I have calculated that if the bank was for sale it would be sold for no more than 400 million €! So taxpayers have already 250M and will pay another 400M for what? For saving some banker's ass because of his bad decisions? (And they call the bank "Slovenian silver"!)
  5. There is no interest in Slovenia to leave EU. Moreover, it may be better for incompetent bureaucrats from EU to run the monetary system because things would be much worse if run by incompetent Slovenian bureaucrats.
  6. Slovenian banks will need to borrow at least 5 billion € in 2012 and get about 1 billion € of fresh capital. Do you know someone who will give them the money? I truly hope it will not be the taxpayer.
  7. When the banks start selling real estate, the market will collapse 20-30% in a year or two. That will further deteriorate bank balance sheets and the problems will be much worse.
  8. Our labor market is totally inflexible and unemployment rate is getting higher (currently at 11.5%)

So if someone says to you that Slovenia is healthy just tell him the facts. Slovenia is not healthy. It has a brain-tumor that is getting worse.

By the way, Bostjan Vasle is a great economist but he works for incapable government. When he says there is a possibility for recession, we know there is a 100% chance recession is coming. He doesn't say so directly out of fear the government will implement some Keynesian silliness or other crazy ideas.

Best regards from Slovenia!
Luka Gubo, frustrated with Slovenian government analyst and worried about banking system economist

Luka Gubo
Senior Analyst and Economist
Finančni trgi d.o.o.
The surprising thing to me was not his candor, but the willingness of Luka to share his full name. A quick search led me to Finančni blog, where he shares his views.

Thanks Luka. Good luck to you.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List