joi, 17 octombrie 2013

Why Visitor Analytics Aren't Enough for Modern Marketers

Why Visitor Analytics Aren't Enough for Modern Marketers


Why Visitor Analytics Aren't Enough for Modern Marketers

Posted: 16 Oct 2013 03:09 PM PDT

Posted by randfish

For the first two decades of the web, the vast majority of those performing web marketing tasks used visitor analytics tools (from log files and hit counters all the way up to today's full-featured visitor analytics tools) to do their jobs. We'd look at how many visits came in, where they were coming from, and what pages they saw, and that was enough.

But, web marketing has evolved. It's become far more complex and competitive. And in 2013, visitor analytics alone doesn't cut it.

The key challenges marketers face usually fall into one of three buckets:

  1. Measuring & reporting (and the analysis of those reports)
  2. Uncovering problem issues
  3. Identifying areas of opportunity
If we visualize these challenges, we can see the missing holes compared to the features of visitor analytics software:

(note: this graphic isn't meant to be an exhaustive list of metrics or of tools, and there's plenty of overlap, e.g. Moz Analytics and Raven both track visit data, Mixpanel and Kiss Metrics both measure revenue and usage, etc)

It's been my experience that most of the great web marketing teams have access to several tools that fill in the gaps on both sides of what visitor analytics provide. These marketers analyze how they're doing in the leading indicator metrics against the competition, and follow that methodology (as far as possible) down to marketing KPIs, and finally business metrics.

Why does this matter so much?

Because a competitive web marketing world means we have less room for failure over a long period of time. If a tactic or channel isn't succeeding, we have to know whether that's because it's a bad channel, or whether we're just bad at it. Competitive comparisons are critical to getting that analysis right.

If your key competitors are kicking butt on Pinterest, but your CMO doesn't "believe" in the channel, you need data to make the case. Likewise, if you're attracting lots of converting visitors through Pinterest, but the lifetime value of those customers is 1/10th that of your email list based on your recitivism and amplification data, you need to know that, too. Google Analytics is great, but it can't give you the answer to either of those questions, no matter how you customize it.

Obviously, I'm biased. Moz makes marketing software that's focused on comparing your leading indicator metrics against your competition's (go read Matt's Field Guide to Moz Analytics if you're curious about the details). We have a vested interest in marketers feeling the need for this type of data. But the truth is that we built software to help solve that problem because I/we believe it's such an important part of the story.

We're also not the only ones in the field.

Raven Tools provides a lot of this data, too, as do SearchMetrics, WooRank, and others. For individual pieces of this picture, tools like SEMRush, Majestic SEO, Sprout Social, and many more can help. Companies that make analytics software focused on those bottom-of-funnel, lead tracking, and lifetime value/retention-focused metrics are equally essential - KissMetrics, Mixpanel, Intercom.io, Hubspot, etc. There's a reason so many players are in this field - marketers clearly need the data.

Visitor analytics like Google Analytics, Omniture, and Webtrends aren't going anywhere. They're still a huge part of what we need to do in our jobs. But alone, they're not enough.

We need to see how the competitive landscape is trending, and how our efforts compare. We need to see how channels perform beyond simple conversion and sales tracking. There's no single piece of software that does all of this in one place, and I strongly doubt there will be. Instead, I believe the future will have marketers on the organic side doing what our brethren in paid channels do - visiting several sources, aggregating information, and making smart decisions based on the nuance their collective brain power can help deduce.


Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!

A Guide to Spanish Content Marketing

Posted: 16 Oct 2013 03:41 AM PDT

Posted by ZephSnapp

Si prefieres leer este post en Espaňol, se encuentra en el blog de Altura Interactive.

Just like the rest of the SEO/inbound/internet marketing world, we have spent the last year learning how to shift from link building to link earning, and despite the fact that this stuff is really, really hard, we’ve found some success by building out processes. One challenge (advantage?) that we have is that we work exclusively on Spanish-language projects. This means that while many of the strategies are the same, some of the tactics vary. This post is primarily meant for marketers interested in targeting the Spanish-speaking world, but should also be helpful to full-stack marketers no matter the language.

Are you ready for Spanish content marketing?

There are a ton of great reasons to get started on Spanish-language content marketing. The Hispanic community in the US grew 67% from 2000 to 2011 according to Pew Hispanic, and cleared 50 million people for the first time (although reaching them does not necessarily mean you need to start marketing in Spanish). Also, while growth has slowed in Latin American countries over the past couple of years, their economies are stable enough that they aren’t as affected by downturns in the US economy as they once were. Just because Hispanic marketing is hot, though, is not a good reason for your business to invest time, money, and sweat equity in marketing to Spanish speakers. You need to validate the concept and ensure it's the right move for you.

First, translate your main keywords. In some cases this can be fairly straightforward, but there are some products that shouldn't be translated, since the term exists on its own. A great example is “e-commerce:" While there are ways to translate this term, most of the time we leave it in English. But please, a word of advice: Don’t use a machine translation. Get a human being to translate your terms for you, then have someone else check their translations. It is of paramount importance that your terms preserve the same query intent, otherwise, any work on keyword research will be wasted.

Next, make sure that your website is in order, and that you have decided on an international strategy. If you need more help on that front, check out Aleyda’s Whiteboard Friday about International SEO Do’s and Dont’s and her International SEO Checklist. They are both excellent resources if you are thinking about taking your business abroad.

The research phase

We believe in doing persona-based marketing at all times. There is no reason to belabor the point of how to build personas, since this topic has been written about extensively. Suffice it to say, we follow the process explained by Mike King almost to a T. The main difference in our technique is that in addition to this process, we have to think about the country/region towards which we will be targeting the content. This informs the type of data we should use for a given piece of content. For example, if you are going after US-based Hispanics, you may not even need to create the content in Spanish!

Armed with these personas, we find actual people who are active on social media and see what type of content they are sharing. Followerwonk is a great way to do this. These are not necessarily prospects, but It’s absolutely necessary to drill down as much as possible, otherwise your outreach will not be nearly as effective.

Arm yourself with information

If you are going to create interesting content for Latin American audiences, you are going to need data. Lots of it. Luckily for you, we’ve gathered a ton of data resources from all over Latin America. Some of them are country specific, but others look at the region as a whole. The information is in Spanish, but as we say in Mexico, "gajes del oficio" (comes with the territory). At least we’ve translated the description of the databases so you’ll be able to find what you are looking for. It is also a living document. As we find more data sets, they will be added (and if you have any suggestions, please put them in the comments, either here or on that post).

Since you already have your personas built, you can easily decide the data that makes the most sense for your project, and then move on to another important step:

Building the content

If you are a data driven marketer (the best kind in my opinion), when you are diving into the data, your aim has to be to understand the story that the data is telling you, and how you can use it to promote your client. Once you have the story in place, we start thinking about how to best present the data. In some many cases, a great blog post will do the trick. In those cases, we have one person start writing titles. We write a minimum of five, because we want to stimulate creative thoughtâ€"it is rare that the first idea is the best.

Our lead editor reviews the proposals with the author, and together they decide which best fits the subject, as well as the websites/people the post will be targeting. Then the post is written, reviewed by the editor, and then another content creator to ensure that the piece is focused, creative, and grammatically sound.

In many cases, users will respond more favorably to a visualization than to text. This is especially true if you are explaining a process or giving instructions. We’ve found that video can be an awesome way get through to these people. If you don’t have the budget or the ability to shoot a video yourself (although you shouldâ€"as Phil Nottingham explained at MozCon, good video can be created pretty cheaply), PowToon allows you to create an animated explanation video, even if you don’t have incredible design chops.

If you must create an infographic, at least try to be original in how you present it. We’ve used Piktochart and Visual.ly just like everyone else, but there are a ton of other ways to present data. We’ve created a list of data visualization resources that includes some very unusual ways of presenting data. In many cases, the main investment is in learning how to use the platform.

Shameless Plug: In my Mozinar next Tuesday I’ll be sharing the easiest way to build resources with outreach prospects built in. It’s seriously awesome. You should sign up now. ¡Por favor!

Prospecting for outreach

Generally speaking, we are looking for:

People

Usually the best way to find experts in a given vertical is to look at Twitter, and the best way to qualify them is via Followerwonk. Enough blog posts have been written about this already, so there is no need for us to get into that here.

Websites

If you are really strapped for cash, all you need is a list of keywords for your vertical and Google’s advanced operators. We use these on occasion, but most of the time, it is faster and more efficient to lean on tools built by others.

Link Prospector supports multilingual queries, and if you want to get a great list of prospects quickly, this is a great way to find them. (Full disclosure: We helped build the multilingual tool, and while we didn’t profit from it, we do get to use it for free. Still, if you told me I could only use Moz and one other tool, this would be it).

Buzzstream is an awesome tool which also supports multilingual queries, and doubles as a way to remember what prospects are in what stage of a relationship. We have found that the contact information that the tool pulls is not particularly accurate for websites in Spanish, so if you are using this tool don’t depend on themâ€"go get the information for yourself. Another platform that we’ve been using that has proven helpful is GroupHigh. Their platform is pricey, but the prospects that you can get from here are excellent, especially if you are doing a bilingual English/Spanish outreach campaign. The metrics they provide are based on Moz’s stats as well as social shares, but they don’t always coincide with what we find when we check sites by hand.

To be sure, we prequalify every single website we are going to do outreach to. And we craft every single pitch individually to ensure that they are more likely to looked upon favorably by our prospective partners.

Once we have our prospects, we separate them into tiers. The top tier is of the most important people and websites in a sphere. We know that getting in touch with and convincing these targets to share our content will be extraordinarily hard, simply because they are pitched to so often. The advantage we have is that most of the pitches they receive totally suck. Knowing how to approach each influencer can make or break your outreach efforts, which leads to our next point:

Outreach to influencers

The goal of any outreach campaign is to get the person/website you’ve targeted to share your content piece, right? In most cases, no matter the quality of your pitch, it will be ignored. This is because some websites are abandoned, the webmaster might be too busy with other work (like a day job), or they simply might not care enough to respond. These are the facts.

And then there is the question of culture and language. We’ve used templates developed by some of the best link builders in the US and seen zero or even negative response. So, it is crucial to localize not just the content, but also the approach. By following our process, you can increase your engagement rate when doing outreach, especially when it is for a piece of content you have created. Here are a few tips that we’ve found to be effective when doing outreach to Spanish-speaking webmasters, bloggers, and journalists:

1) Write it in Spanish

I know that this might seem obvious, but my friends who are bloggersâ€"including for the oldest blog in Mexicoâ€"receive dozens of pitches from professional PR companies IN ENGLISH. Unforgivable.

2) Make it relevant

Even if the piece of content that you are promoting is only loosely related to the target site, make sure that you make an argument for why it would be interesting to the readership of that site. Yes, this means you can’t just blast emails. Too bad.

3) Keep it short

In Spanish, we have a tendency to be a bit verbose. In fact, we use more words to explain something than people usually do in English. That being said, it is still better to be concise.

4) Have a hook

Whenever you are doing outreach, the goal is to provide value to your client or company. Keep in mind, however, that webmasters don’t care about how great it will be for you if they share your latest infographic about dog food. They care about their readers and community, so make sure that your pitch addresses the benefits for them, not for you.

5) Address the webmaster how (s)he addresses users

In Spanish, you can address readers either formally or informally. By making your outreach consistent with how they address their readers, you can be sure that your pitch fits their style.

6) Be legit, be honest

Despite what I’ve heard about other markets, we’ve found that being TAGFEE is the best way to get results from an outreach campaign. That doesn’t mean that you can’t sugarcoat your outreach ("Links, Please" is probably not the best subject line), but we send emails from our own domain, and own up to working on behalf of a client. We even link back to our profile pages in our outreach emails.

7) Prioritize outreach method

The best method for outreach depends on who you are reaching out to. This is our priority list when reaching out to bloggers, for example:

  1. Contact form
  2. Facebook
  3. Email
  4. Twitter
In our experience, the first two methods are easily the most effective. This is another place where being open and honest works to our advantage. Since we are using our own Facebook profiles to conduct outreach, prospects can look at our pictures, read our updates, and see that we are human beings, just like them. They are far less likely to say no to someone who likes the same band as them, right?

Of course, if you are reaching out to a journalist (or even a web-based magazine) it is probably going to be best to reach out via phone. Having a prioritized list of methods makes things easier for the outreach specialist to work.

There is obviously a lot more that goes into outstanding Spanish content marketing, but this guide is here to give you the basics. If you want to dig deeper into our Spanish digital marketing processes, please sign up for my Mozinar. ¡Muchas Gracias!

If you would prefer to read this post in Spanish, check it out on the Altura Interactive blog.

Si quieres leer sobre estrategia de contenido en espaňol, este post también se encuentra en el blog de Altura Interactive.


Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!

InTheNerdWorld: "Retrogameplay - PSX - Final Fantasy IX - Parte XXI (ITA)" and more videos

Seth's Blog : Post...

 

Post...

Post industrial

Post Top 40

Post newspaper

Post privacy

Post career

Post temperate

Post curation

Post postal

Post cushy

Post gatekeeper

Post sectarian

Post meat

Post picked

Post middle class

If you were hoping for a future that wasn't like the past, where you had no real choice but to carve your own path and make a mark, here it is.
       

More Recent Articles

[You're getting this note because you subscribed to Seth Godin's blog.]

Don't want to get this email anymore? Click the link below to unsubscribe.




Your requested content delivery powered by FeedBlitz, LLC, 9 Thoreau Way, Sudbury, MA 01776, USA. +1.978.776.9498

 

miercuri, 16 octombrie 2013

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Replaced by a Mannequin

Posted: 16 Oct 2013 10:00 PM PDT

Why pay a human if a mannequin can do the job better?

I have talked about mannequins before, but the idea of mannequins replacing humans is back in the news again.

Meet Sandy



"Sandy," a sign-waving mannequin, helps bring in customers to a Los Angeles smoke shop. Image by Alex Schmidt/NPR.

NPR reports There's A New Kind Of Sign Spinner In Town.
Meet the sign-spinning mannequin. She's freakishly tall, and her head is turned way back, Exorcist style.

It's more than one job. There are several sign-spinning mannequin companies now, in LA, Oregon, Florida and beyond. Some business owners are going the Geppetto route and making them from scratch.

Christopher Hunanyan enlisted the help of relatives to create the 6-foot-tall bombshell he named Sandy in front of his LA smoke shop.

"It is a good investment," Hunanyan says. He says the mannequin is bringing in customers, sales and profits.

The way advertising works is we get used to stuff, then we stop noticing it. So marketers are in a constant arms race to get our attention. They have to get weirder and weirder — like with the mannequins — and more sophisticated.

Carnegie Mellon robotics professor Illah Nourbakhsh says one day the mannequins may become actual robots — able to see us, guess our age and gender and customize their marketing messages with frightening accuracy.
Sign Waving Mannequin Video



Link if image does not play: Replaced by a Mennequin

Here is my favorite image clip from the video.



That mannequin rates to bring in far more business than even a good looking sign waver (which most are not).

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

Deal to Continue the Bickering Through Feb 7; Boehner Compromised; Next election, Rand Paul + Chris Christie?

Posted: 16 Oct 2013 11:26 AM PDT

Even though Republicans hold a majority in the House, Speaker John Boehner failed to muster enough votes for two proposals he floated.

Is that a sign of ineptitude, weakness, or that the House was hijacked by no-compromise Tea-partiers in a complete fool's mission?

Regardless, Senate Leaders Reached Agreement on budget deal to end the shutdown.
"This is a time for reconciliation," said Senate Majority Leader Harry Reid of the agreement he had forged with the GOP leader, Sen. Mitch McConnell of Kentucky. One prominent tea party lawmaker, Sen. Ted Cruz of Texas, said he would oppose the plan, but not seek to delay its passage.

Officials said the proposal called for the Treasury to have authority to continue borrowing through Feb. 7, and the government would reopen through Jan. 15.

Democratic Leader, Rep. Nancy Pelosi of California, has signaled she will support the plan and her rank and file is expected to vote for it in overwhelming numbers.

Despite initial Republican demands for the defunding of the health care law known as Obamacare, the pending agreement makes only one modest change in the program. It requires individuals and families seeking subsidies to purchase coverage to verify their incomes before qualifying.

Boehner's inability to produce a bill that could pass his own chamber likely means he will have to let the House vote on a Senate compromise, even if that means it would pass with strong Democratic and weak GOP support. House Republican leaders have tried to avoid that scenario for fear that it would threaten their leadership, and some Republicans worried openly about that.

"Of all the damage to be done politically here, one of the greatest concerns I have is that somehow John Boehner gets compromised," said Sen. Lindsey Graham, R-S.C., a former House member and a Boehner supporter.

"It's time to reopen the government and ensure we don't default on our debt," Rep. Jaime Herrera Beutler, R-Wash., said in a written statement. "I will not vote for poison pills that have no chance of passing the Senate or being signed into law."
Deal to Continue the Bickering

Between now and January 15, expect relative calm. Then, if no agreements are made to reduce spending, we can look forward to another ridiculous round of bickering over cutbacks.

Speaker Boehner Compromised

Sen. Lindsey Graham, R-S.C., a former House member and a Boehner supporter, is worried that "somehow John Boehner gets compromised."

Somehow?

It's clear that Boehner is already compromised. The question now is whether or not Boehner loses house speakership due to his inability to lead.

Ultimately, it was clear from the beginning that Boehner would have to send a clean bill to the House, and that is exactly what is going to happen.

Boehner's "End Obamacare" proposals did not have a chance in the Senate and thus were a big waste of time and energy, with Republicans taking the blame for the shutdown.

Since no good (for Republicans) could possibly come from this bickering, the Senate finally voted to cut the losses, and perhaps Boehner's neck at the same time.

Even if Boehner survives, he is damaged goods.

Who is to Blame?

One seriously misguided soul emailed me yesterday, stating that libertarians, especially me, are to blame for this mess, and also for Mitt Romney losing the election.

In regards to soaring debt, both parties are to blame: Republicans for their ridiculous war-mongering and Democrats for entitlements. In addition, President George Bush is responsible for an irresponsible Medicare bill that added greatly to the deficit.

As for Mitt Romney losing the election, neither I nor libertarians are responsible. Toss every libertarian vote to Romney and he still loses in an electoral landslide.

Republicans themselves are to blame for nominating a hopelessly weak candidate.

Independents the Key

Many independents (of which libertarians are only a tiny component) could not support Romney's war posturing with Iran, his trade-war posturing with China, or his position on abortion.

To top it off, Obamacare and Romneycare are one and the same.

The election debacle should have been a wakeup call for Republicans, but judging from the mess Boehner made for himself and Republicans, it wasn't.

Looking Ahead to the Next Election

Hopefully Republicans will get their act together and nominate someone that independents can vote for.

How about a ticket of Senator Rand Paul and Governor Chris Christie?

Independents could vote for such a ticket, and indeed I think they would, especially if Rand Paul keeps his rhetoric under control. Christie is well liked by Democrats in New Jersey and he could make it close in similar states.

If instead, tea-partiers hijack the nomination with an extreme right-wing, pro-war, pro-gun, anti-abortion candidate, that person would likely get trounced by Hillary Clinton (assuming she wins the nomination).

But don't blame me, I am just the messenger.

Addendum:

Reader "CJ" writes ...

"Christie is well liked by Democrats in New Jersey". And why wouldn't they like Christie? He is pretty much a Democrat, who goes along with Obama but has a little bit of sense about budgetary matters. I'm really not even sure why he calls himself a Republican. Sometimes a politician just can't get the party of choice to support him.

My response ...

Christie is extremely anti-public-union and is despised by them. He cut spending and lowered taxes. Yet, many Democrats now like him.

Why? Because his policies improved things. I do not know his position on war-mongering but it cannot possibly be worse than Romney's.

Christie is hardly perfect (but no one else is either).

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

Is Gathering Real Time "Inflation" Data With Smart Phones a "Game Changer"?

Posted: 15 Oct 2013 11:55 PM PDT

Premise Data Corp, a startup firm backed by Google, has deployed 700 smartphone-equipped workers across 25 cities to capture images of products as their prices change daily.

The Wall Street Journal claims Real-Time Economic Data Could Be a Game Changer.
Software automatically tags the location of the products down to the individual store and analyzes the images—items such as meat and produce—to gauge quality differences. A user viewing the information can zoom in on images of the products at each retail location, making it a store-shelf version of Google Street View.

Premise's computers also scroll through websites to automatically grab prices from Internet stores, a process that still provides about 80% of the data the firm uses to create real-time inflation gauges.

In contrast, the Labor Department collects price data by dispatching its staff to collect product prices once a month. The information is then compiled into a monthly inflation report.

Outsiders have questioned Argentina's inflation data for years. That inspired Alberto Cavallo, an economist at the Massachusetts Institute of Technology, to create his own measures starting in 2007.

The effort eventually became the academic initiative called the Billion Prices Project, collecting data from online retailers around the world to create daily inflation measures. In 2010 it led to PriceStats, which distributes inflation gauges through the financial-services firm State Street Corp. STT -0.36% to about 7,500 clients.

Premise's goal is to provide even deeper information—down to the product level rather than just categories of products—and provide the technology platform for a wide range of other economic indicators beyond inflation.

Hal Varian, Google Inc.'s chief economist and a Premise adviser, said the data could give government officials insight into developments that can stir up their populations. Prices for popular food items—bread in the Middle East, corn in Mexico or pork in China—could be tracked well ahead of popular unrest.

"All these things are sensitive from a political point of view," Mr. Varian said. "Having up-to-date information is quite valuable."
Fatal Flaws in Inflation Tracking Methodology

Let's not pretend any of these companies will be tracking "inflation" because consumer prices are a symptom of inflation rather than inflation itself.

Inflation, the expansion of money supply and credit, frequently manifests itself in the form of asset bubbles, rather than price hikes in consumer goods. For example, the dot-com bubble and the housing bubble (and the subsequent crashes), are the direct result of Fed inflationary practices.

Currently, the stock market and bond market are both in bubble territory because of the Fed's inflationary practices. Unfortunately, there is no way to prove that thesis until the next crash.

Nonetheless, there is a benefit to price tracking.

The Benefit

Instead of bringing back laid off BEA and BLS workers let's get rid of them. Gallup can easily track unemployment and this firm can better track consumer  prices.

Any technology with a capability of eliminating government workers is fine by me, but unless that actually happens, "game changer" is a bit of a stretch.

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