vineri, 4 mai 2012

Convincing Upper Management aka Justifying your Existence - Whiteboard Friday

Convincing Upper Management aka Justifying your Existence - Whiteboard Friday


Convincing Upper Management aka Justifying your Existence - Whiteboard Friday

Posted: 03 May 2012 02:00 PM PDT

Posted by Marshall Simmonds

Today we have special guest Marshall Simmonds joining us in the Moz studio to present this week's Whiteboard Friday. Marshall is the Founder and CEO of Define Media Group. He is also a pioneer in the field of SEO, and we are all too pleased to have him present a topic he knows all to well. Having worked for some of the largest online brands, Marshall knows a thing or two about convincing upper management in the value of search.

We look forward to reading your comments below. Happy Friday everyone! Enjoy!



Video Transcription

Hello, SEOMoz fans. Welcome to another edition of Whiteboard Friday. My name is Marshall Simmonds. I'm the founder of Define Media Group. I was formally the Chief Search Strategist of the New York Times and About.com.

What I want to talk about today is enterprise search engine optimization, what I've learned from enterprise SEO, and how that corresponds to either startup, small to midsize companies, and how to basically convince upper management that what you do is important and how to justify your existence, which is also what I'm subtitling this little presentation about today too.

There are a lot of different schools of thought. Do you need top-down input? Do you need bottom-up input? How are you going about earning your keep? How are you going about justifying and convincing upper management that what you do is a valuable component of search?

A lot of times because of the size of the organization or because of just the overall acceptance of what search is and how companies get accustomed to your traffic and to the expectations of the traffic that will technically, they think, always be there. So a lot of times, search unfortunately kind of blends into the background, and what we do blends into the background. Sometimes we don't necessarily have the buy-in that we're looking for.

How do you justify that buy-in? Is it a top-down or bottom-up approach? Unfortunately, there isn't really a good answer to that. Ultimately, it does help to have upper management buy-in, but ultimately what we're doing is we're working in the trenches. A lot of what we're doing is having to convince product managers, having to convince certain executives or department heads that what you're doing or what you want to do will help the company from a search perspective.

So we have to find certain motivators to find that pain point or that pressure point. What makes a company act? Is it ego? Is it money? Is it traffic? Is it data? What are those factors that get the attention of upper management or a department head?

For example, ego is a great way to get attention of an editorial team, because editorial teams are driven by having a lot of exposure, making sure that their articles are prominent, making sure that their name is prominent, making sure that their social profile is prominent. The best way to get somebody's attention is to show examples of failure. Failure is a fantastic motivator when it comes to showing that a competitor may be outpacing you in content creation for a topic or for a piece of content that you should maybe have more exposure for than a competitor does.

Money. Money is, of course, an excellent motivator too, because the value of link equity cannot be underestimated. Link equity is the value of your backlink profile. It's imperative that a company understands that backlink profile, that it understands that backlinks are essentially the foundation of a company from a search engine optimization perspective. Every company needs to understand this.

It takes a long time to convince a company, to convince upper management that link equity is as valuable as it is. The best way to do that is just to go to the Open Site Explorer. Take a picture, a snapshot, of that backlink profile and put a dollar amount to it to show that if we move content, which is okay, if we redesign or migrate the site, which is okay to do too, it has to be done protecting the empire, protecting the kingdom. That is through link equity, understanding that the monetary value of links cannot be underestimated.

We also have to look at traffic. Traffic is a key differentiator too, because it's not ranking anymore in search. Ranking is important, but traffic obviously drives the end result. Social has come on so strong in this round too that it's actually stolen budget. A lot of times in these enterprise organizations, that department is growing at an incredible rate, much faster than maybe the SEO department is.

This is where the SEO and the aikido of SEO is really important, because social is so intertwined. I'm sure everybody knows and understands how important it is in the ecosystem of search. Social drives search, drives traffic, drives social. It's this symbiotic relationship that we have to work with social.

It's making sure that we are customizing and yet creating a consistent message with social, with PR, with product, with editorial to ensure that best practices are enacted, and that we're using the data that comes from social, because it's really valuable data. The data that we can glean from that user experience and from how our social networks work is incredibly important because it feeds into this data. This data is the last building block as far as the four motivators that I've laid out here.

Who gets the reports? We've got an incredible amount of data. Now, as an SEO expert, I can't take that data and put it in front of an editorial team or even upper management. I can of course attach that spreadsheet that I have, but it's pretty deep down the rabbit hole, and that's not worthwhile data. On a weekly or a monthly basis, what's important though is that the editorial team gets a consistent message, a customized message that shows the fruits of their labor, because we want to close that circle. We want to draw the editorial team in and close the loop. What I mean by that is, after they push the publish button, what happens? A lot of editorial teams check out at that moment. But what we need to do is give them data that quantifies and rewards them for their efforts. Sometimes it's going to be the big green arrow going up, and sometimes it's going to be a red arrow, but that's very, very important, simple data that we need to give editorial teams.

Upper management though, however, gets the nuts and bolts. Right? They get to see that over a year-over-year basis, what happened to the traffic. Are there certain outliers? Are there prominent sections of the site that have done well, and why, and giving some explanation about that.

So, who gets the reports and the data? It needs to be highly segmented. Because of who we are, as far as an SEO is concerned, a lot of times there's not a big barrier. There are not a lot of levels between the head of SEO and the head of marketing, or a CEO, or a CTO. So you may be called to the floor at any point in time to justify why you are doing what you're doing or why something has gone wrong, which it does.

You always have to know. You always have to know these four things. You have to know how much what you are doing will cost if you're asking for more budget or if you're asking for an initiative that you're trying to push through. You have to know how much it's going to make, what the traffic potential is, and what's involved.

If you can't answer those four questions at any point in time, you're probably not going to get the traction that you're looking for. Upper management has to be able to have some quantifiable number or percentage around these four questions. So you have to have this available at any point in time, because if you don't, you're going to be held accountable for what we've seen in the last year or so. That is something going wrong.

Something is going to go wrong in your SEO plan, in your SEO agenda and grand scheme. It's imperative that you have that contingency plan. How do you react to what Panda has thrown at us in the last 14 months? A lot of things have happened, but it's been a huge opportunity for search engine optimization and for the search engine optimization experts.

Panda has been an incredible opportunity to push an agenda, because there are always things that we have been barking about for years and years and years that maybe now are basically getting the exposure and the attention that it needs. That's what Panda has been good for. Panda has put a light on a section of our network, of our world that may have needed some attention really bad.

The final point is never give up. It may feel like at times you have absolutely no traction, you have no exposure at a company, and the company has no insight into what you are pushing or respect for what you are doing internally. You see mistakes made. You see mistakes repeated. You're giving the same training over and over and there's not a lot of attention or there's not a lot of action as a result of what you're trying to educate on.

That's okay. That's going to happen. You have to find quick wins. You have to find the one person, one department that will buy into just a small part of what you're trying to push. Is it just changing a title tag? Is it actually uploading or working with ALT text and images. Is it getting a sitemap, just a basic sitemap. Some of these small little wins can create huge results.

That's the point. It's to just not give up on your agenda and understand where your floor is and making sure that you don't go beyond that, but at the same time, looking for whatever win will help drive these motivators, and then essentially justify your existence.

I hope this was helpful. I thank you, and I look forward to the comments.

Video transcription by Speechpad.com


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West Wing Week: "Out of Many, We Are One"

The White House

Your Daily Snapshot for
Friday, May 4, 2012

 

West Wing Week: "Out of Many, We Are One"

This week, the President traveled to Afghanistan to sign an historic Strategic Partnership Agreement, visit with our troops, and address the American people about responsibly ending the war.

The President also traveled to Fort Stewart to sign an Executive Order to protect service members and their families from deceptive marketing practices, spoke at the annual White House Correspondents Dinner, welcomed the Prime Minister of Japan, and spoke at the Building and Construction Trades conference.

Check out the footage from this week's West Wing Week:

Watch West Wing Week

In Case You Missed It

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

We Can’t Wait Update: Fighting Prescription Drug Shortages
Early notification of potential disruptions in drug supply has made a huge difference in FDA's efforts: There has been a six-fold increase in early notifications from manufacturers, and they have been able to prevent 128 drug shortages, and we’re seeing fewer numbers of shortages occur – 42 new drugs in shortage reported in 2012, compared to 90 new shortages at this time last year.

Cinco de Mayo at the White House
President Obama hosts a reception marking the holiday at the White House.

From the Archives: 'Move Your Body' Flash Workout
Schools around the country participated in Beyonce-inspired flash workout, marking the one-year anniversary of last year's nationwide "Move Your Body" dance that got kids moving in support of First Lady Michelle Obama's Let's Move! initiative.

Today's Schedule

All times are Eastern Daylight Time (EDT).

10:30 AM: The President and Vice President receive the Presidential Daily Briefing

11:25AM: The President holds a roundtable discussion with a group of seniors and their parents

11:50 AM: The President delivers remarks about the importance of having a fair shot at an affordable higher education WhiteHouse.gov/live

1:15 PM: The Vice President delivers remarks at the YWCA USA National Conference WhiteHouse.gov/live

4:55 PM: The President welcomes the University of Kentucky men’s basketball team to the White House WhiteHouse.gov/live

WhiteHouse.gov/live Indicates that the event will be live-streamed on WhiteHouse.gov/Live

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Seth's Blog : Reconsidering decisions

Reconsidering decisions

There are two common mistakes here:

Frequently reconsidering decisions that ought to be left alone. Once you enroll in college, it is both painful and a waste to spend the first five minutes of every morning wondering if you should drop out or not. Once you've established a marketing plan, it doesn't pay to reevaluate it every time your shop is empty. And once you've committed to a partnership, it's silly to reconsider that choice every time you have a disagreement.

In addition to wasting time, the frequent reconsideration sabotages the effort your subconscious is trying to make in finding ways to make the current plan work. Spending that creative energy wondering about the plan merely subtracts from the passion you could put into making it succeed.

On the other hand, particularly in organizations, failure to reconsider long-held decisions is just as wasteful. Should you really be in that business? Should this person still be working here? Is that really the best policy?

Jay Levinson used to say that you should keep your ad campaign even after your best customers, your wife and your partner get bored with it. Change it when the accountant says it's time. And Zig Ziglar likes to talk about the pilot on his way from New York to Dallas. Wind blows the plane off course after a few minutes. The right thing to do is adjust the course and head on. The wrong thing to do is head back to New York and start over (or to reconsider flying to Dallas at all).



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AdSense Newsletter - May 2012

bubbles
May 2012 Publisher ID ca-pub-1492172262972996

Dear publisher,

We understand that as you create content for your site, you're looking to maximize your revenue from all of your ads, no matter how they're sold. In this edition's Tip of the Month, we'd like to introduce you to DFP Small Business, Google's free ad serving solution for publishers who are serving ads from multiple sources. You'll also learn about:
  • Taking control with the new Ad review center
  • Finding out how to go Mobile
  • Connecting with AdSense on Google+
  • Leveraging the redesigned AdSense crawler errors page
  • Creating high quality sites with Webmaster Guidelines
  • Using the AdSense Management API
Sincerely,

Jamie
The Google AdSense team

Tip of the Month

Optimize your ad serving with DFP Small Business

Whether you're already using multiple sources of ad revenue on your site or are only in the planning stage of doing so, DFP Small Business, Google's free hosted ad serving solution, can help you manage your growing online advertising business. With our new online tool, you can find out if DFP Small Business is the right product for you:

  Go to the tool  
DFP Small Business allows you to manage all your ad inventory from one simple interface and offers rich features such as inventory forecasting, detailed reporting and multi-dimensional targeting. You can also use it to maximize your revenue by enabling real-time competition between AdSense and your other ad networks. Find out more about DFP Small Business in our video below:


Updates

More control over the ads on your site

The Ad review center is now more powerful and allows you to review all ad types after they've run on your pages, whether they're contextually-targeted, placement-targeted, or interest-based. Make decisions on individual ads and block multiple ads at once to help you save time. Log in and get started with the new Ad review center today.



Connect with AdSense on Google+

Follow us on our new AdSense Google+ page, where you'll find AdSense updates and gain access to exclusive Hangouts with the AdSense team. These live video chat sessions will give you the opportunity to share your product feedback with our Product Managers and ask your questions to our optimization specialists. Join the conversation and also meet other AdSense publishers from around the world to share your experiences.



AdSense crawler error redesign

The redesigned AdSense crawler errors page provides you with accurate and actionable information to optimize your site even more effectively. Some publishers have seen a revenue increase of up to 400% after they fixed their crawler errors. To see the new crawler errors page in your account, visit your 'Home' tab, then click on 'Account settings' and navigate to the 'Crawler errors' section.



AdSense Management API for developers

If you're writing your own software and would like to retrieve your AdSense reporting data directly, the AdSense Management API is what you've been looking for! The API is available to all AdSense publishers, and lets you retrieve lists of ad clients, ad units, channels, as well as generate custom reports directly from your applications.

For more information, browse the API forum, or join the regular office hours.



Missed last month's newsletter? Read it now!
Mobile Ads

Find out how to go Mobile

With an increasing mobile internet usage worldwide, it's getting more and more important to consider mobile users' needs when designing your site. To help you optimize your content for mobile, we've recently launched a new suite of tools on howtogomo.com where you can:
  • See how you rate - Use the GoMoMeter to analyze your site's mobile user experience.
  • Start planning - Download the GoMo Publisher Guide for mobile best practices.
  • Find a partner - Learn about vendors who can help with your implementation.
As part of our ongoing GoMo initiative, we're also hosting a number of webinars. For more information on those webinars and the latest news around mobile ads visit our Google Mobile Ads Blog.


Program Policies

Top tips for creating high quality sites

One of the most frequent questions that we get from publishers is how to improve their sites' performance on Google's search index.

In keeping with the theme of creating high-quality content, we've written a blog post of how adhering to the webmaster guidelines can help the overall potential of your site and maximize traffic and revenue for you.





More about AdSense:

Inside AdSense Blog

AdSense Google+ Page

AdSense Forum

AdSense on YouTube


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joi, 3 mai 2012

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Comments from Brazil on Brazil and China: Nonperforming Loans Soar, Recession in Brazil Arrived, China will Follow

Posted: 03 May 2012 08:46 AM PDT

This morning I received an email from Otavio who lives in Brazil. Otavio writes ...
Hi Mish,

Hello from Brazil. Much of what we both expected has begun to occur in Brazil since we exchanged emails last year. The economy has slowed down greatly. We are on the brink of a recession here, if not in recession already.

Nonperforming loans have risen pretty much on banks' balance sheets causing bank stocks to plunge. Check out ITUB US Equity on Bloomberg. The Brazilian middle class is very much sunk in debt.

The BACEN (Brazilian Central Bank) has cut overnight rates from 12 percent to 9 percent, but the market expects at least another 100 bps cut in the next two months. These aggressive rate cuts, plus massive interventions in the FX market to sell Brazilian REAL, have weakened the REAL from 1.70 to 1.93 per USD.

The government has also instructed public banks to lower their lending rates. It's our own Brazilian version of QE here.

However, the economy is showing signs of weakness. Just today, Industrial Production came out at -0.5 percent but economists predicted an increase of 1.2 percent.

Our economy has been strongly correlated with China's in the last decade. If we are this close to a recession in Brazil, the slowdown in China will be far more than most expect.

Regards Otavio
Brazilian Banks Drop on Delinquency Concern

A quick check of ITUB on Bloomberg turned up Bovespa Declines as Brazilian Banks Drop on Delinquency Concern
Apr 25, 2012 3:42 PM CT

The Bovespa stock index declined as Itau Unibanco SA (ITUB) led Brazilian banks lower after it said it expects losses from bad loans to rise in the second quarter.

Itau, Latin America's biggest bank by market value, was the worst performer on the MSCI Brazil/Financials Index, which fell the most among 10 industry groups. OGX Petroleo (OGXP3) & Gas Participacoes SA gained the most in four months after it said an oil field off the coast of Rio de Janeiro was declared commercially viable.

The Bovespa dropped 0.4 percent to 61,750.38 at the close in Sao Paulo. The real weakened 0.1 percent to 1.8800 per U.S. dollar at 5:32 p.m. local time.

Itau expects to spend as much as 6.4 billion reais in bad - loan provisions in the second quarter, up from 6 billion reais in the first three months of 2012, according to a regulatory filing today. Banco Bradesco SA (BBDC4)'s delinquency rate may rise 10 basis points in the second quarter, executive director Luiz Carlos Angelotti said in a conference call yesterday.

"These alerts from banks regarding expectations of rising delinquency rates really scared investors," Pedro Paulo Silveira, chief economist at TOV Corretora, said by telephone from Sao Paulo. "Considering interest rates are decreasing and the economy is slowing down, banks may see their revenue fall as well."
ITUB Chart



Brazil Manufacturing PMI in Contraction

Inquiring minds are investigating the HSBC Brazil Manufacturing PMI™ published May 2.
Both output and new orders fall for first time in 2012 so far



Andre Loes, Chief Economist, Brazil at HSBC said: "The HSBC Manufacturing PMI index fell to a four month low of 49.3 in April, from 51.1 in March. This was the first PMI manufacturing reading below 50 in 2012, signalling a contraction of activity in the industrial sector.

Broken down, numbers show a broad-based decline in industrial activity, with all components falling below 50, except for both input and output prices which accelerated relative to one month ago (and with output prices reaching the highest level of growth since May 2011). Concurrently, inflationary pressures should remain a source of concern, despite the string of benign CPI readings earlier this year."
If Brazil weakens further as I expect, the country is already in recession. Moreover, the much beloved BRICs (Brazil, Russia, India, China) and emerging markets in general will not be good hiding places.

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


When All Else Fails, Hope For More Stimulus

Posted: 03 May 2012 07:34 AM PDT

Eurozone Markit Final Manufacturing PMI numbers were released yesterday. The results, as I warned months in advance, were decidedly not pretty.

  • Final Markit Eurozone Manufacturing PMI at 34-month low of 45.9 
  • Production declines across big-four economies for first time in the year-to-date 
  • Weak demand and falling intra-Eurozone trade volumes hurting both output and employment



The weak PMI number reflected a drop in Eurozone manufacturing production for the second consecutive month, as new order inflows declined at the fastest pace since December. Austria was the only nation to see production rise in April.

Manufacturers reported weak demand from both domestic and export clients – with intra-Eurozone trade volumes also heavily impacted. This hurt even German manufacturers, who saw production fall for the first time in 2012-to-date as an accelerated rate of decline in new export volumes reverberated through the sector.

Further causes for concern were sharper rates of decline in output at Italian and Spanish manufacturers, plus an ongoing steep downturn in Greece. Meanwhile, French manufacturing output contracted at a weaker pace than that seen in March.
Finally Seeing the Light (Sort Of)

Once again the comments from Markit Economists are amusing. 
Even German manufacturing output showed a renewed decline, attributed by many firms to weak demand from southern Europe. As such, it is hard to see where growth will come from in coming months, unless export demand picks up strongly from countries outside of the Eurozone.

"The ECB's latest forecast of merely a slight contraction of GDP this year is therefore already looking optimistic. However, with the survey also showing inflationary pressures to have waned, the door may be opening for further stimulus."
Note the word "latest". Months ago, Markit said no recession, then no recession in Germany, then short recession. For some reason Markit only mentioned the ECB's latest forecasts and none of their own.

With that highlight in red (emphasis mine), Markit chief economist Chris Williamson finally got it right (had he only stopped right there). Instead, he is now hoping for more stimulus as if it would matter.

Here's a hint: it won't.

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


Damn Cool Pics

Damn Cool Pics


Berkeley Ridiculously Automated Dorm (BRAD) Video

Posted: 02 May 2012 08:38 PM PDT



At the University of California at Berkeley, freshman Derek Low carried out a mission to create what he called "the most ridiculously automated dorm room in the school ever." The result is "BRAD" (Berkeley Ridiculously Automated Dorm), which employs motion sensors to detect when someone enters or exits the room, as well as the ability to control the lights, window shades, and music via voice controls and mobile apps. An emergency red "party mode" button was also provided, which closes the shades, turns on dance music and replaces the overhead lights with flashing neon lighting and strobes.


Via: Techcrunch