joi, 14 martie 2013

SEO Blog

SEO Blog


JOB RESPONSIBILITIES OF A SOCIAL MEDIA MANAGER

Posted: 14 Mar 2013 10:01 AM PDT

Companies are on a hunt for someone who could help them out in the world of social media. Social media websites like Facebook, twitter and YouTube are taking the world to a completely different level. Many big companies are taking full advantage of these sites in order to promote their...
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What Will Google’s Next Updates Bring?

Posted: 14 Mar 2013 09:34 AM PDT

Get ready. Another big wave is coming. The SEO industry is all abuzz with news of significant Panda and Penguin updates at our feet. According to Search Engine Land, the first wash out is due this weekend with bigger ones to follow later in the year. So, we have to...
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Facebook: A Blessing Or A Curse

Posted: 14 Mar 2013 08:04 AM PDT

Some people love it, some people hate it, but in the world of online social media, there is probably no site more famous than Facebook. Made popular back in 2004, this social networking site has become a way of life for many people today. The problem that has arisen since...
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How To Build Links Without Simply Purchasing Them

Posted: 13 Mar 2013 11:07 PM PDT

Link building takes a lot of time and can be a headache, but unfortunately it's not something you can skip because it's necessary if you want a high ranking in the SERPs (Search Engine Results Pages). Some people take the easy way out and purchase links to their site from...
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Creativity, Serendipity, and Championing B2B: An Interview with Adriel Sanchez

Creativity, Serendipity, and Championing B2B: An Interview with Adriel Sanchez


Creativity, Serendipity, and Championing B2B: An Interview with Adriel Sanchez

Posted: 13 Mar 2013 07:10 PM PDT

Posted by Erica McGillivray

Adriel SanchezI sat down to talk with Adriel Sanchez, Sr. Director of Demand Generation at SAP. Every day, he digs into how he can help B2B businesses and their marketers with database marketing, telemarketing, digital marketing, and campaign management services. Adriel currently leads a demand generation hub of 70+ people to support SAP's Latin America business. You can find him on Twitter @Adriel_S or blogging at Marketing…pfft!

What's inspired you lately?

Recently, I had the privilege of joining 60 other top marketing execs from Fortune 500 companies for a 1.5 day private event in NYC. If you can't get inspired with that many smart people in a room, you're either in the wrong business, or you're a zombie. We touched on a lot of topics, but all centered around driving a culture of creativity and innovation.

Some key takeaways for me? Too many people and resource can actually stifle creativity, and when innovating, think rapid prototyping and make failure an option. You need a lot of bad ideas to get to a good one.

As a champion of B2B, you often rally against the notion that B2B is "boring" compared to B2C. What are some of your favorite B2B companies doing great inbound marketing out there?

Our CMO at SAP, Jonathan Becher, likes to say that "Big glass buildings don't buy software. People do..." Tragically, there aren't a heck of a lot of B2B marketing examples out there that break the 'B to Boring' stigma. B2B marketers need to 'bring the sexy back.' (Though I'm not sure we ever had it.)

That said, I love Adobe's Metrics Not Myths campaign. Another classic example (though by a brand that's not in existence anymore) is EDS' building planes in the sky ad. It also broke out of that B2B creative mold. SAP is doing quite a bit around sports and entertainment these days that is anything, but 'boring.' We recently launched NBA.com/stats.

You wrote recently about humanizing your brand through kindness. What's a humanizing experience you've had with a brand or noticed from the outside?

I love what the current White House administration has done with their brand. Regardless of your political leanings, you can't deny that the administration focuses hard on managing that brand, from the President on down. Their response to the We The People's petition to build a Death Star was brilliant. And best of all, their approach is backed by data. The amount of testing that went into the 2012 campaign's email marketing program was unprecedented in any organization, public or private.

You moved in your career from being a direct marketer to a social media marketer. What do you want to bring from direct marketing into social media?

First, I wouldn't describe myself as a 'social media marketer.' Any successful marketer today needs to understand social and its impact on how people engage with each other and the companies they buy from.

But my biggest lesson from direct marketing was how to align my activities to business outcomes. In a world where only 3-5% of the people you contact actually buy something, you will lose a lot of money FAST unless you're laser-focused on business outcomes. I feel like some self-described 'digital' or 'social' marketers today lose sight of those business drivers.

Conversely, what direct marketing habit did you have to break to dive into social?

The majority of core direct marketing tenets remain true. That said, there are three areas where I've had to evolve as a marketer:

First, the 40/40/20 rule of list, offer creative now needs to include context. A perfectly good offer to a targeted audience may fail if it's presented in a way that breaks accepted norms for a particular channel.

Albert EinsteinSecond, I've had to embrace Einstein's quote, "Not everything that can be counted counts, and not everything that counts can be counted." This one isn't easy for any direct marketer, but social media permeates everything. Try to quantify its cost or how much money it's bringing in as a stand-alone activity and you'll wind up with an incomplete picture at best.

Lastly, while we know negative option offers will almost always outperform positive option in the short-term, in today's world we need to err on the side of explicit customer permission.

What's your favorite social media medium to engage in?

Definitely blogging. Writing thoughts 140 characters at a time is fun, but it just doesn't satisfy my appetite for writing. My favorite part about blogging is actually introspection. It helps me crystallize my point of view on a particular topic.

When you're brainstorming for great content ideas, what are some of your favorite research or creative flow sources?

Definitely non-traditional sources. Whether I'm watching a video on a cool new gadget or reading about a groundbreaking medical development, I'm always trying to tie it back to my day-to-day challenges. Creativity is often serendipitous. If you put yourself in an environment and mindset where creativity can flourish, you'll notice great ideas coming from the most unexpected places.

Whether it's Grumpy Cat or the Harlem Shake, crazy social trends have caught our eye, even in the B2B space. (Heck, at SEOmoz, we did our own Harlem Shake video.) But what's something you were shocked never caught on?

I love Axe body spray's "Nothing beats an astronaut" campaign and am pretty surprised the spoofs haven't come in droves. Would it kill someone to create a "Nothing beats a marketing executive" version?

What are some innovative ways that you've seen people get their entire staff involved in their social media efforts and content creation?

Finding people interested in social is the easy part. What's difficult is achieving a sustained commitment to contribute in a way that adds real value to the community. This stuff takes time. The "what's in for me" principle is alive and well. Invest the time, and "I'll make ya famous." There's a company called EveryoneSocial with some interesting technology to help empower your entire workforce to be social media ambassadors.

If you're hiring for a social media manager, what are qualities that you'd look for?

Editorial background, above all else. I'd rather hire a someone with a journalism degree for this than an MBA in marketing. Find someone who can write, with a 'punchy' attitude, and has their finger on the pulse of current trends, news, etc., and you have a winner. Social media best practices and the ins and outs of your company's products are easier to teach than these other core skills.

A lot of people want more metrics from social media. What are three of your favorite analytics tools and what do you use them for?

We use Netbase for social monitoring and listening. It's got excellent natural language processing that takes sentiment analysis beyond the basics. It also has really good multi-language capabilities that continue improving.

Then there's a great solution offered by NextPrinciples that allows us to audit our hundreds of social media accounts across the globe against key reach and engagement metrics. It's critical to controlling the proliferation of accounts that plagues most large companies.

Lastly, social media objectives must tie to your business KPIs. We use our own CRM to track leads and opportunities that flow from social.

If you could change one thing about the way we use social media, what would it be?

I recently heard a story about a client of a major consulting company that reviewed the Facebook profiles of the consultants being assigned to his business before approving them. The client asked that a few be replaced because of photos posted on their walls. This isn't just an anecdote anymore. What we share in social media is public by default. Every picture, post, point of view, opinion, indiscretion. You have to work really hard to keep what's private private. I think it's time to consider whether private by default is the better option. Google+ goes is headed in that direction.

Thank you so much, Adriel, for a look into your world. If you're interested in hearing more from him, he'll be talking at the upcoming SES NY conference on the Building the B2B Social Media Machine panel.


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Challenging Our CEOs to Be Bold in Support of Our Veterans

The White House Your Daily Snapshot for
Thursday, March 14, 2013
 

Challenging Our CEOs to Be Bold in Support of Our Veterans

Yesterday, First Lady Michelle Obama met with the Business Roundtable, an association of chief executive officers of leading U.S. companies which, combined, have nearly 16 million employees.

With hundreds of thousands of veterans and military spouses currently looking for work, and one million more hanging up their uniforms over the coming years, the First Lady challenged those business leaders to make bold commitments to hire our veterans and military spouses and help them reach their full potential within their companies.

Learn more about First Lady Michelle Obama's challenge to CEOs.

First Lady Michelle Obama delivers remarks on the Joining Forces Initiative to business leaders at the Business Roundtable Conference Center in Washington, March 13, 2013. (Official White House Photo by Lawrence Jackson)

First Lady Michelle Obama delivers remarks on the Joining Forces Initiative to business leaders at the Business Roundtable Conference Center in Washington, March 13, 2013. (Official White House Photo by Lawrence Jackson)

In Case You Missed It

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

Reddit 'Ask Me Anything' with Economic Advisor Gene Sperling
Gene Sperling, Director of the National Economic Council, answers questions about the President’s plan to reduce the deficit on Reddit.

The Economic Case for Commonsense Immigration Reform
Director of the National Economic Council Gene Sperling outlines the economic case for a fair, effective and common-sense immigration system that strengthens our economy and the middle class.

Sunshine Week: In Celebration of Civic Engagement
We the People allows anyone to create or sign a petition asking the Administration to take action on an issue. If the petition gets enough signatures, the Administration issues an official response.

Today's Schedule

All times are Eastern Daylight Time (EDT).

12:30 PM: Press Briefing by Press Secretary Jay Carney WhiteHouse.gov/live

12:45 PM: The President meets with the Senate Republican Conference

2:15 PM: The President meets with the House Democratic Caucus

3:00 PM: The Vice President delivers remarks at a welcome ceremony for Secretary of Defense Chuck Hagel WhiteHouse.gov/live

4:15 PM: The President receives the Presidential Daily Briefing

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

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Seth's Blog : "You've got ping, but they've got no pong"

 

"You've got ping, but they've got no pong"

It's almost impossible to have fun playing ping pong with someone who doesn't care, won't try or isn't any good.

The same thing is true of just about anything that matters in the connection economy. A consultation with a surgeon, creating a new conference or working in partnership with an ad agency... If you're going to create something worth building, it's going to be because there's an infinite game going on, not merely blind obedience and tired conformity.

You can take a great deal of responsibility for creating this mutual enthusiasm, and you can put the effort into creating an environment and a story where it's likely to happen.

Connection requires energy and insight and enthusiasm from both sides, and if your partner isn't responding, look hard at why. Of course, if you can't bring your half, stay home.


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miercuri, 13 martie 2013

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


"Stand With Rand, Not Jeb"

Posted: 13 Mar 2013 03:47 PM PDT

Jeb Bush is Back in the Spotlight this week with a new book, wall-to-wall television interviews, and a round of public speaking engagements. In regards to the 2016 election, Jeb Bush told MSNBC's Chuck Todd: "I'm not saying yes. I'm just not saying no."

Unfortunately, that sounds too much like "yes" to me. I suggest, it's time to move on. The last election proves just that.

Looking ahead ...


My context is different. I suggest Jeb should go back into hiding until he is ready to "Stand With Rand" for the 2016 election.

This country seriously needs a change, not another Bush.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Inflation Targeting Revisited; Three Major Fed-Sponsored Bubbles; Who Benefits From Inflation?

Posted: 13 Mar 2013 11:57 AM PDT

A post on deflation in Sweden (which its central bank does not want) got me to thinking about inflation targeting once again.

Sweden's central bank, the Riksbank, has an inflation target  of  "2 per cent as measured by CPI." Bernanke has a similar target, as do many central banks.

The first major problem with inflation targeting is that increases in money supply and credit (the true measure of inflation) frequently appear in the form of asset bubbles, not consumer prices.

Even if that were not the case, it's easy to show why 2% inflation targeting is a bad thing.

Inflation Targeting at 2% a Year



click on any chart for sharper image

Real Disposable Income



Real Disposable Income Per Capita



Real Disposable Income Per Capita Detail



As long as wages and income keep up with inflation targeting, and as long as asset bubbles do not form, central banks can get away with their highway robbery tactics.

At some point however, asset bubbles do form and that's where big problems start. The Fed has sponsored three major bubbles in recent history.

Three Major Fed-Sponsored Bubbles

  1. 2000 DotCom Bubble
  2. 2005 Housing and Credit Bubble
  3. 2012 Stock Market Bubble

In the wake of the dot-com bust, the Fed (via loose monetary policy) sponsored a housing and credit bubble that caused the global financial crisis. The Fed did not see the housing bubble partially because prices are not in the CPI, but primarily because Bernanke and Greenspan have the common sense of a rock.

Following the housing/credit bubble bust, the Fed's "too big to fail" policy bailed out the banks at taxpayer expense. The Fed's subsequent QE to infinity policy created yet another major stock bubble that few see (simply because it has not yet burst).

All the while, price inflation marches on, even if credit inflation does not (roughly the current state of affairs).


Thus, in addition to the asset bubble problem, the second sad moral of this story is simple: Pursue price inflation long enough, then jobs move elsewhere and real wages are guaranteed to not keep up.

Starting in a major way in the year 2000, jobs and capital moved overseas because US wages were uncompetitive globally. Let's not stop there because it gets even worse.

Income Gap Discussion

In addition to the "Income Gap" one must also consider "Income Skew".

Under the Fed's inflationary policies, a select few percent have done exceptionally well, another few percent have done well, and another (perhaps slightly larger group) have barely kept up.

The bottom 80 percent or so have fallen much further behind than the above per capita charts suggest.

Income Skew

I explained why the rich get richer and the poor get poorer in Top 1% Received 121% of Income Gains During the Recovery, Bottom 99% Lose .4%; How, Why, Solutions

In response to that article a Reader Asked Me to Prove "Inflation Benefits the Wealthy" (At the Expense of Everyone Else)

CPI Percent Change From Year Ago



click on any chart for sharper image

Except for a brief period in 2009, price inflation has been positive. The question is "Who Benefited?"

I claim it is those with "first access to money" namely banks and the already wealthy. A few charts courtesy of Doug Short at Advisor Perspectives will prove my point.

Real US Household Incomes



In "real" (CPI-adjusted) terms, 50% of households are no better off than they were in 1988. Let's dig a litter deeper.

Growth in Real Household Income by Quintile



The above chart shows percentage income growth by quintile since 1967. Since 1988, the bottom, 4th and middle quintiles (a combined 60% of households) have negative real income growth.

The next chart shows the same thing in a different way.

Real Household Income by Quintile



No matter what your timeframe, only the top quintile did well. And from 1980 until 2000 the top 5% got the lion's share of income gains.

Inflation is Theft

Inflation is an insidious hidden tax that benefits those with first access to money (the banks and the already wealthy), and government (via sales taxes, property taxes, and income taxes).

Government bureaucrats take your money and redistribute it primarily for wasteful pet projects in their districts or to those who contribute to the politicians' campaigns.

In spite of the often-heard mantra that "inflation wipes away debt", I suggest otherwise. Income typically does not keep up with expenses, and most have too few assets to inflate. The poor (last on the credit totem pole) overpay for their assets with cheap credit given to them at precisely the wrong times (as happened right before the housing bust).

Inflation Clobbers Those on Fixed Income

In case you missed it, please consider Hello Ben Bernanke, Meet "Stephanie", my response to a reader on fixed income attempting to live on Social Security plus interest on a $16,000 CD.

If routine price inflation did not benefit the banks and the wealthy at the expense of everyone else, we probably would not have it.

Simple Solution (Easier Said than Done)

Conceptually, the way to eliminate the problem is simple: abolish the Fed and get rid of fractional reserve lending.

In practice, the idea is easier said than done, because the wealthy are in control of the system and they are the ones who benefit from inflation.

Wine Country Conference

I am hosting an economic conference on April 5 in Sonoma, California. Proceeds go to the Les Turner ALS Foundation (Lou Gehrig's Disease).

Please see My Wife Joanne Has Passed Away; Stop and Smell the Lilacs for my association with the disease.

To learn about the economic conference with world-class speakers including John Hussman, Michael Pettis, Jim Chanos, John Mauldin, Mike "Mish" Shedlock, Chris Martenson with guest moderator Lauren Lyster and other Special Guests, please visit Wine Country Conference April 5, 2013

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Sweden Officially in Deflation (As Measured by CPI)

Posted: 13 Mar 2013 10:45 AM PDT

Reader Kenneth from Stockholm, Sweden informs me that Sweden is Officially in Deflation.
Current Inflation Rate



In February 2013, CPI inflation (measured as the annual change in the consumer price index) stood at -0.2 per cent (-0.0 per cent in January 2013).

The annual percentage change in the CPIF (the CPI with a fixed interest rate, which is not directly affected by changes in mortgage rates) was 0.9 per cent in February 2013 (1.0 per cent in December 2012).
This is good news for consumers in Sweden, but the clowns at the Riksbank (and the clowns at every other central bank including the Fed) see things differently.

"The Riksbank's target is to maintain inflation at a rate of 2 per cent when measured by CPI."

In a separate article I will go over, once again, why inflation targeting is a bad idea.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Expression of the Day: "Ducks are Fat at the Back"

Posted: 13 Mar 2013 09:14 AM PDT

I was intrigued by a quote in the Financial Times by former German Chancellor Gerhard Schröder who won a standing ovation when he returned to remind his supporters of their ancient triumphs.
Schröder's message for the party was to persevere in this year's general election, with a real chance of beating chancellor Merkel's centre-right coalition in the final weeks of the campaign.

Schröder claimed Peer Steinbrück, the SPD candidate for chancellor, should stick to his guns in spite of trailing in the opinion polls. "The fat ducks are always at the back," Schröder concluded.
Fat Ducks Are Always at the Back

OK. What does "The fat ducks are always at the back" mean?

Reader Bernd from Germany, with whom I have been exchanging emails explains ...
Hi Mish,

Schröder's English has not improved since he was chancellor. Regardless, idiomatic expressions translate poorly in general.

The original German idiomatic term is: "Hinten sind die Enten fett". Literally translated: "Ducks are fat at the back (the rear)."

If you eat a duck, the juicy bits are at the rear. This was true when the term was coined and ducks actually were wild animals which flew. Then, the breast was tough to eat and not at all juicy, so the choicest bits were at the back.

Schröder uses this expression quite frequently – it is really rather old fashioned and very North-German.

In context it means: Steinbrück's chances come late in the game. Early polls don't make a difference.

I believe this is the most comprehensive explanation of the term ever.

Bernd
Google translates "Hinten sind die Enten fett"  as "back, the fat duck", which is even more confusing than the Financial Times translation.




Image courtesy of wandtattoo4you.

The above, slightly different phrase translates as "behind the duck fat" even though the difference between "sind" and "ist" is the difference between "are" and "is".

This type of problem is one I frequently encounter when I do all of these Google Translates. I often have to make my own revisions, but this phrase I never would have gotten correct without asking.

A tip of the hat to reader Bernd for a comprehensive in-context explanation.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Obama's Promised Transparency: Where the Hell is It?

Posted: 13 Mar 2013 01:17 AM PDT

When president Obama took office he promised transparency and open government. The question at hand is "Where the Hell is It?"

I have the answer: Obama's transparency is Where the Sun Don't Shine.
President Obama has failed to deliver on few promises as miserably as his vow to create a more transparent and open government. Shortly after being sworn into office, he sent a memo to federal agencies promising, "We will work together to ensure the public trust and establish a system of transparency, public participation, and collaboration."

At the time, I was a staffer on the Senate Finance Committee for Republican Charles Grassley and couldn't help but laugh. Regardless of who occupies the White House, I understand that power wants power. Scrutiny just gets in the way.

President Obama is no different. Whether it's responding to Congress, media questions, or FOIA requests, this administration is no better than its predecessor. The big difference: Obama is a Democrat. And because he is a Democrat, he's gotten a pass from many of the civil liberty and good-government groups who spent years watching President Bush's every move like a hawk.

In March 2010, the Associated Press found that, under Obama, 17 major agencies were 50 percent more likely to deny FOIA requests than under Bush. The following year, the presidents of two journalism societies— Association of Health Care Journalists and Society of Professional Journalists—called out President Obama for muzzling scientists in much the same way President Bush had. Last September, Bloomberg News tested Obama's pledge by filing FOIA requests for the 2011 travel records of top officials at 57 agencies. Only about half responded. In fact, this president has prosecuted more whistleblowers under the Espionage Act than all prior administrations combined. And an analysis released Monday by the Associated Press found that the administration censored more FOIA requests on national security grounds last year than in any other year since President Obama took office.

One of the most glaring examples of Obama's failure on transparency is his response to the "Fast and Furious" fiasco—the botched attempt by the Bureau of Alcohol, Tobacco, Firearms, and Explosives to find Mexican drug lords by tracking guns smuggled from the United States into Mexico. The debacle came to light when ATF whistleblowers met with investigators working for Sen. Grassley. Grassley sent a letter to the Department of Justice demanding answers; not realizing Grassley already had documents that laid out the operation, officials at Justice responded with false and misleading information that violated federal law. When Grassley pressed the issue, the Justice Department retracted its initial response but refused to say anything more, which has resulted in multiple hearings and subpoenas.

The storyline is classic Washington: Whistleblowers run to Congress about bad behavior; Congress demands answers; the White House throws up a wall. But where is the outrage, especially from the very groups who are supposed to be holding the government accountable? It doesn't exist.

The occasion is not yet ripe for many in Washington to admit that the Obama administration is no different from those who have come before it. But time will come when the cognitive dissonance between what Obama says and what he does will be too much.
Paul D. Thacker writing for Slate has a compelling story. I took a lengthy snip but there is much more to see. Inquiring minds will take a look.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com