vineri, 16 mai 2014

What if Your Ugly Website is Holding Back Your Marketing Efforts? - Whiteboard Friday

What if Your Ugly Website is Holding Back Your Marketing Efforts? - Whiteboard Friday


What if Your Ugly Website is Holding Back Your Marketing Efforts? - Whiteboard Friday

Posted: 15 May 2014 05:17 PM PDT

Posted by randfish

In a way, we often treat our websites like our children. No matter how awful they might be, we rationalize their behavior and tell everyone else how wonderful they are. Those blinders can stop marketing efforts before they even begin. In today's Whiteboard Friday, Rand shows us how to remove the blindfold and make objective decisions to move our businesses forward.

For reference, here's a still of this week's whiteboard!

Online Tools Mentioned This Week

Silverback

Feedback Army

User Testing

Dribbble

Video Transcription

Howdy Moz fans and welcome to another edition of Whiteboard Friday. Today we're going to chat about ugly websites.

Now what if it's the case that you're investing a ton of energy and effort into your marketing efforts and it's your ugly website that's holding you back from the kinds of levels of engagement and progress that you could be making? I know how this goes.

What happens is a lot of times marketers are brought in after a website or web property has already been developed and built. Much like parents, it's often the case that a CEO or a CMO or VP of marketing or a business owner, small business owners in particular, they look at their website and they go, "Oh, it's so beautiful. It's amazing. It's just what I wanted. It's perfect." They can rationalize that even while looking at just a junky, horrifying piece of crap.

This happens all the time. Human beings rationalize our decisions. We rationalize the investments that we've made. So when we see terrible crap, we think it's a pile of gold.

This is frustrating, and it's particularly frustrating for marketers who then have to take this pig and smear lipstick all over it and try and sell it as a side of beef or something that is actually going to convert visitors. That's insanely hard to do.

I've got this handy chart here, which will help to visually illustrate exactly how dramatic this math problem is. Now it's the case, in my opinion, that baby and website attractiveness probably fall along a similar scale. All parents think that their children are five stars, just like all website owners think that their websites are five stars.

Yet, if you were to ask them what percent of babies are absolutely stunningly beautiful, what percent of websites are absolutely stunningly beautiful, parents would be like, "Well, maybe 5% or 10%."

Well then, somebody's math is off. What's probably going on here is a lot of people who are in this group think they are in this group, and that's very frustrating.

What's not easy to do is go directly to a CMO, a CEO, your manager, your new team at a company you joined or at a company you're consulting with, or with a small business owner who you're working with and say, "Well, this is just a terrible website, and we're going to have to rebuild it if you want me to make the improvements that I need to make."

That does not fly. It just doesn't work. It's not reasonable. What is reasonable is to use data to help support your arguments. This is a process that I used to follow a little bit when I was a consultant, that I've seen other consultants and, in fact, other marketers who joined teams use. I've seen professional design teams do this as well.

Essentially, they'll put together a list of top competitors and then ask a brief survey. It doesn't have to be many people. You can get a few dozen folks who fall into three different groups.

You want to ask current customers, potential new customers, and, if you can, a few industry influencers or bloggers, journalists, the kinds of people that you might be seeking press attention, brand mentions, links awareness, those kinds of things from. Especially if you're doing any type of content production or content marketing, blogging, you want to see if the people who would be your content customers are enjoying and appreciating your website versus your competitors. Then just ask them to rate you versus your competition one through five. Make sure you're marking who these are.

A lot of times what happens is that your current customer group will say, "Yeah, we like the website just fine. Your website is great." This is whom your CEOs, your VPs of marketing, the small business owner, that's who they're interacting with. So their experience is, "I talk to customers, our customers all the time. They like the website." Maybe they do.

But if the potential new customers and the industry influencers are saying otherwise, are rating you much lower than your competition, well now you've identified a dramatic gap in why you can't accomplish the kinds of marketing that you might want to do. Marketing from earning social media signals, to earning shares, to getting links, to getting customers and conversions, all that stuff can be impacted that this.

If you are rated in that lower half, look at the top of the funnel metrics. By top of the tunnel metrics, I'm really talking about things like bounce rate, time on site, and browse rate, browse rate being the number of pages on average that are visited per visitor session. If these numbers, based on your past experience or, if you can get them, industry averages -- industry averages can be super helpful here. For many industries there are a lot of people who aggregate and publish these kinds of things on the web -- if they feel like major areas of opportunity, then a new design is looking like it's something that should go onto your list.

You should also be asking yourself from a context of the business as a growing company, as an effort that you want to put your resources into, "Does this feel more important than any other change?"

Is it the case that if we were able to change the trajectory of social sharing, content engagement, new links and citations, all these top of site metrics, bounce rates, time on site, browse rate, would those things be things that would really move the needle for the business? Sometimes the answer is actually no.

In a lot of the cases with consulting and services businesses, it's the case that other investments in other areas of the business would be better uses of time and energy, even if you are not in these high groups. For those of you who are doing commerce on the web of any kind, software as a service, or a subscription business, or an ecommerce business, a lot of local businesses where their early customers engage with them first on the web, this is probably going to be key.

Number three, if formal usability testing is too expensive, and for most small and medium sizes business it really is, try these three apps: Silverbackapp.com, FeedbackArmy.com, and UserTesting.com. I've heard a mix of opinions about all three of them in terms of which of them is a favorite. But all of them are potentially good in getting lots of new people to your site and collecting feedback about the problems and potential solutions you've got there. That can help lead you to a great design.

I didn't put it in here, but if you don't already have a design team or designer in mind, one of my personal favorite things to do, and this is sort of a little Rand hack here, I like going to Dribbble.com. If you are not already familiar somehow, that's Dribbble.com.

I like looking on Dribbble for the designers who have very well-rated stuff; very beautiful stuff, stuff that fits your aesthetic preferences, but do not yet have a large portfolio. That usually means that their prices will be lower since while they're still building up their portfolio of work.

Those designers who have tremendously well-rated projects and who have a large portfolio are going to be fairly expensive or at least on the very pricey scale. But you can find a lot of independent folks using that methodology on Dribbble if you're looking for a new designer.

Then when you get a new design in hand, make sure that you're trying that test. Design is one of those things that is extremely hard to A/B test. My best recommendation is to think of a few pages, one or a few pages of your site. Maybe it's a new piece of content that you're launching separately that you might almost think about the design as looking like it's on a new micro-site, although it's actually on your own domain, or potentially using a few of your landing pages as sort of feeling like landing pages on a micro-site that are still existing on your domain, and testing the old UI/UX versus the new one.

What you don't want to do is have a page that is embedded into the site's navigation overall, that lots of people are going to be navigating to and from the old one and new one, because then you'll get that disjointed experience.

If you can test this with something where external traffic is hitting it primarily -- a PPC landing page is a great place to go with this -- that can help show you what the new visual UI can do and what the observable lifts are in terms of these metrics and in terms of conversion rate.

This data driven approach can be very, very helpful in terms of convincing a manager or management or your team or your client that this is desperately needed and that it can really move the needle for the business.

All right, everyone, I hope you've enjoyed this edition of Whiteboard Friday. We will see you again next week. Take care.

Video transcription by Speechpad.com


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Help S.N.A.C.K.S.: Frequently Asked Questions about Moz Local

Posted: 15 May 2014 05:30 AM PDT

Posted by JoelDay

Greetings, citizens! It is we, your help team, here with what we're hoping will become both a regular occurrence and household name.

This is Help S.N.A.C.K.S.

What does S.N.A.C.K.S. stand for, you ask? Well, we don't know yet, but we'll be dishing out tasty morsels of knowledge and answering some of the more common questions we hear. (If you have an idea for what S.N.A.C.K.S. means, leave it in the comments. The one with the most thumbs up gets a pretty blue Moz shirt plus a special prize!)

For our first installment we've decided to focus on the latest addition to the Moz family: Moz Local!

If you're not familiar with Moz Local yet, take a moment and watch this video.

For some extra help,  we've selected two of the most common issues we hear about on the help team.


1. Why isn't my upload working?

Moz Local uses a special combination of magic and alchemy (okay, it's really just a CSV file) to upload your listings. You may even already have one of these handy, as Google Places uses the same format.

If not, we provide a template you can use here: CSV Template & Guidelines. Most of the fields are pretty standard, but lets walk through a few sections that can cause a bit of confusion.

Categories

Moz Local provides a list of categories to choose from here: Categories

When entering your categories you will need to make sure you ONLY include categories that fall under the Moz Local heading. These are the categories that overlap all the different partners. This allows us to send the data out all at once without undue delays.

Here's the fun part: I know right now you're saying, "But Joel! I run a museum dedicated to the 1976 Burt Reynolds classic Gator. I need the category 'Air Boats' and it's not listed!"

Never fear my mustachioed curatorial professional. We recognize that sometimes you just have to get more specific to define your business to potential customers. That's where the column Category Overrides comes in.

This gives you the option to provide additional categories for specific directories. For this you get to use the oft-overlooked pipe character "|" to separate the different engines (look just below backspace).

For the owner of the aforementioned Burt Reynolds museum who needs to enter "Air Boats" for Acxiom you can enter this:

acxiom:Air Boats|acxiom:Alligators

That can be adjusted for any of the options listed that categories page.

If you're not sure what to put for your category, read up on the category research page here: Category Research.

Description

The description in the CSV needs to be at least 250 characters. This is because some directories have a required minimum and that's the lowest that will meet all of their requirements.

We recommend typing this directly into the CSV to avoid any non-ASCII characters. It is possible to paste your descriptions in as needed, you'll want to prepare those in a plain text editor to avoid any issues with character sets.

If you run into this error you've got some non-ASCII characters at work that you'll need to remove.

Hours

OK, so now that the Burt Reynolds Gator Museum has their description and categories, it's time to let the people know that the no mere hours can contain the awesomeness of Gator McKlusky. That's right, They're open 24 hours a day.

As described in the Help Hub, the format for hours is one long string, with a number representing the day of the week (day 1 is Sunday), and colons separating the various components. That's pretty simple for a regular business, but what about a non-stop party like the Gator Museum? If your business is open 24/7, just put in midnight to 11:59 p.m. every day. It should look like this:

1:12:00:AM:11:59:PM,2:12:00:AM:11:59:PM,3:12:00:AM:11:59:PM,4:12:00:AM:11:59:PM,
5:12:00:AM:11:59:PM,6:12:00:AM:11:59:PM,7:12:00:AM:11:59:PM

2. I've uploaded and published. What's next?

Alright! So the Gator museum is submitted. The Google Places matched and it sailed through the validation! What's next?

The first couple of questions that probably pop into your mind are "how long will this take?" and "what are those weird little circles next to my listing?" The simple answer to question one is that it can take anywhere from 1-8 weeks for our partners to update the data we push to them. From there, it can take up to 3-6 months for them to send the updated data to other local data aggregators that work with them. So in a nutshell, it takes time to update one database, push that across their network and then feed the information to everyone else. To give you an idea of how extensive this process is, check out the  Local Search Ecosystem here in the US:

Now for those circles.

After purchasing, you see a series of circles next to your listings, which will indicate that listing's current status with a given partner. There are four versions you might see:

The empty:

This circle indicates that we've pushed the listing to our partner, but they haven't processed it yet.

The circle half full:

The half full circle means that our partners have accepted the listing data and are processing the changes on their end.

The full circle:

Yay, the listing has been processed with our partner! While things look like they're done, it will still take some time for them to push the updates out to everyone else in their networks.

The exclamation:

This yellow exclamation mark means there's something that requires your attention. In most cases it's that Foursquare needs you to authenticate the listing. This will also come up to notify you if the listing is already being managed by someone else. In that case, we won't push any updates to that partner.

To address the common Foursquare Authentication issue, just connect your Foursquare account. You can add more than one if you have multiple listings.

You can look at your connected accounts at any time.

Now just click the "Select an Account" button to connect to your Foursquare account.


I hope everyone enjoyed this deeper glance at Moz Local. Remember, guides like this and more can be found in our Help Hub.

The Help Team will be back soon to answer more of your questions with another issue of S.N.A.C.K.S.

Let us know in the comments if there's anything you'd like us to dig into next time. We'll also send out autographed pictures for anyone who wants one. 


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"The Faces of Nearly 3,000 Innocent Souls"

 
Here's what's going on at the White House today.
 
 
 
 
 
  Featured

"The Faces of Nearly 3,000 Innocent Souls"

Yesterday, the National September 11 Memorial & Museum opened its doors to the families of those who lost their lives in the 2001 attacks, as well as the first responders and recovery workers that helped save the lives of others that day.

"Here, at this memorial, this museum, we come together," said President Obama. "We look into the faces of nearly 3,000 innocent souls -- men and women and children of every race, every creed, and every corner of the world. ... Here we tell their story, so that generations yet unborn will never forget."

Read more of the President's remarks at yesterday's dedication.

Read more about the 9/11 museum dedication ceremony.

President Barack Obama and former New York City Mayor Michael Bloomberg tour Memorial Hall at the National September 11 Memorial & Museum prior to the 9/11 Museum dedication in New York, N.Y., May 15, 2014. (Official White House Photo by Pete Souza)


 
 
  Top Stories

Why Is It So Important to Rebuild America's Roads and Bridges?

Investing in America's infrastructure is an imperative, but the funding to fix our crumbling roads and bridges is running out -- and only Congress can reauthorize it. And allowing this funding to run out will put at risk nearly 700,000 American jobs.

READ MORE

The President and Vice President's 2013 Financial Disclosure Forms

Yesterday, the President and Vice President released their 2013 financial disclosure reports. In the interests of transparency, we are continuing this Administration's practice of posting these forms online.

READ MORE

The State of Our Climate: A Google+ Hangout with Secretary Moniz and Administrator McCarthy

Next Monday, join Grist.org, Energy Secretary Ernest Moniz, EPA Administrator Gina McCarthy, and the White House for a Google+ Hangout on climate change and the steps we're taking to reduce carbon pollution, prepare for the impacts of climate change, and build a clean energy economy.

READ MORE


 
 
  Today's Schedule

All times are Eastern Time (ET)

10:00 AM: The President receives the Presidential Daily Briefing

10:45 AM: The Vice President delivers remarks on job-driven training at the National STEM Summit of Change the Equation

1:00 PM: Press Briefing by Press Secretary Jay Carney WATCH LIVE

2:00 PM: The President and Vice President meet with Secretary of the Treasury Lew

3:00 PM: The Vice President ceremonially swears in Terrell McSweeny as a Commissioner of the Federal Trade Commission

5:15 PM: The President meets with families of the plaintiffs of Brown v. Board of Education and the NAACP Legal Defense Fund


 

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PR6, PR7, PR8 Backlinks: 101 Keywords in Google Top 20 with Only 40 Links

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Seth's Blog : "You look ridiculous in that outfit"

 

"You look ridiculous in that outfit"

This is always the case.

Something new is always used first by people who are willing to look ridiculous, at least for a few minutes.

Every once in a while, we adopt something because it's truly a better technology, a new taste sensation, a productivity shortcut that pays for itself regardless of what people think of it.

But most of the time, culture moves forward on the basis of a simple question:

"Do people like me do something like this?"

If the answer is 'no', most of us wait.

And so, new fashions (of all sorts) come from unexpected places, not from the arbiters of what's correct. Cameron Diaz and George Clooney aren't showing us new ways to dress, and Thomas Keller isn't inventing brand new cuisine. The people who go first have a different agenda than the standard-setters.

That's why it usually takes years for something to become an overnight success. The culture changes from the edges, and gradually, we come to answer the question about a hat or a software network or a car with, yes, in fact, people like me actually do use something like this.

This explains why Kickstarter campaigns do so well after they hit their minimum... social proof.

This week on HugDug, we saw generous and insightful reviews from:

Scott Harrison, founder of charity: water (on a solar backpack),

actress Jennifer Stroup on her favorite perfume, Jackie Huba on sweetness,

and NFL quarterback Matt Hasselbeck on a secret muscle conditioning device that might even work on someone like me.

Not everyone, not yet. 

People who care go first.

       

 

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joi, 15 mai 2014

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


An Opportunity to Bet Against Treasuries?

Posted: 15 May 2014 09:53 PM PDT

I have been a long-end treasury bull this year for two reasons.

  1. I felt the economy would not perform anywhere close to the bullish consensus GDP forecasts
  2. Yields had soared based on expectations of hikes that I still feel are unlikely.

Curiously, Michael Novogratz, principal at Fortress Investment Group LLC claims Macro's Miss Was Shunning Long Treasuries
Michael Novogratz, principal at Fortress Investment Group LLC (FIG), said most macro hedge-fund managers missed the biggest trade this year -- buying long-dated U.S. Treasuries -- and now there's an opportunity to bet against the debt.

"There's only one great trade in macro this year we missed, most macro missed -- buying duration in the Treasury market," Novogratz said at the SkyBridge Alternatives Conference in Las Vegas today. "Yields are getting to an area where being long doesn't make sense and having a sizeable short makes sense."

Long-dated U.S. Treasuries have gained 11.9 percent this year, beating stocks and junk bonds, as the U.S. economic recovery showed signs of slowing.

Bears are sticking to their call that bond prices are going to collapse even as recent evidence points to the opposite. The short trade remains popular with individuals and professional speculators who believe they will profit as the Federal Reserve pulls back on monetary stimulus.

Novogratz is co-chief investment officer of Fortress's macro funds, which seek to profit from broad economic trends by trading everything from bonds to commodities. Fortress's main macro fund, which invests across products and geographies, lost 6.3 percent this year through April 30, according to a regulatory filing.
Opportunity Knocks?

Novogratz says there is an "an opportunity to bet against the debt".

Why?

I can easily understand why one would not want to be long treasuries after this rally. Shorting treasuries is another matter unless one thinks the economy is poised to take off and there is no need for risk aversion.

If the economy is slowing more than consensus targets or if a flight-to-safety trade in conjunction with falling equities is baked in the cake (I think both are likely), one would want to be long or on the sidelines, not short.

There are always opportunities to do the wrong thing! Shorting treasuries at this juncture is likely one of them.

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

Treasury Yields Decline in Spite of Price Inflation; Mortgage Rates vs. Treasuries

Posted: 15 May 2014 12:44 PM PDT

Curve Watcher's Anonymous has its eye on the US treasury yield curve today.



click on chart for sharper image

Chart Symbols

  • $TYX: 30-Year
  • $TNX: 10-Year
  • $FVX: 05-Year
  • $IRX: 03-Month

Yields Decline Today



The above table of US Bond Yield changes from Bloomberg.

CPI Up - Treasury Yields Down

With the CPI up more than expected, and with food inflation averaging 3% annually over the last three months (see Food Prices Soar; CPI Posts Biggest Gain in 10 Months; Real Average Earnings Decline) one might have expected yields to rise.

Instead, yields fell. Why?

The US economy is slowing more than expected. Lately, economic surprises have been to the downside.

Mortgage Rates at 11-Month Low

Bloomberg reports Mortgage Rates Dropping With Bond Yields at 11-Month Low
A rally in the mortgage-bond market may send U.S. home-loan rates to the lowest in almost a year, bolstering a slowing real-estate recovery.

Yields on Fannie Mae securities that guide borrowing costs because they're used to package new 30-year mortgages for sale fell 0.04 percentage point today to about 3.16 percent as of 1:50 p.m. in New York, according to a Bloomberg index. That would be the lowest closing level since yields reached a four-month low of 3.15 percent on Oct. 29, after they surged to as high as 3.81 percent in September.

The average rate offered on typical 30-year mortgages fell to a six-month low of 4.2 percent this week from a 2013 high of 4.58 percent in August, according to Freddie Mac surveys. Borrowing costs, which are driven by changes in lenders' profit margins as well as bond yields, are up from a record low 3.31 percent in November 2012
Divergence Between Mortgage Rates and Treasuries

There can be leads and lags in mortgages vs. treasuries but generally they are in close sync.

30-year Mortgage Rate



Chart courtesy of Bankrate.

With home prices up and mortgage yields not dropping, home affordability is declining. Sales will follow. Expect household formation to stay in the gutter.

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

Food Prices Soar; CPI Posts Biggest Gain in 10 Months; Real Average Earnings Decline

Posted: 15 May 2014 10:15 AM PDT

The BLS released CPI for April this morning. Data shows prices ticking higher with food up substantially for the third month.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, the U.S. Bureau  of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.

The indexes for gasoline, shelter, and food all rose in April and contributed to the seasonally adjusted all items increase. The gasoline index rose 2.3 percent; this led to the first increase in the energy index since January, despite declines in the electricity and fuel oil indexes. The food index rose 0.4 percent for the third month in a row, as the index for meats rose sharply.
Food Breakdown Home vs. Away

FoodFebMarchApril
At Home0.50.50.4
Away0.30.30.3
Combined0.40.40.4

Consumer Prices Post Biggest Gain in 10 Months

Reuters reports Consumer Prices Post Biggest Gain in 10 Months
U.S. consumer prices recorded their largest increase in 10 months in April, pointing to some inflation in the economy.

The Labor Department said on Thursday its Consumer Price Index increased 0.3 percent last month as food prices rose for a fourth consecutive month and the cost of gasoline surged.

That was the biggest rise since June last year and added to March's 0.2 percent rise.

In the 12 months through April, consumer prices rose 2.0 percent after gaining 1.5 percent in March. That was the biggest increase since July last year and in part reflected prices coming off last year's low base when energy costs decreased.

In the 12 months through April, the core CPI increased 1.8 percent. That was the biggest gain since August last year and followed a 1.7 percent rise in March.
Real Average Earnings Decline

Higher prices in this competitive environment generally lead to falling real wages. Sure enough, the BLS reports Real Average Hourly Earnings Fall 0.3 Percent in April
Real average hourly earnings for all employees decreased 0.3 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decrease stems from unchanged average hourly earnings combined with a 0.3 percent increase in the Consumer Price Index for All Urban Consumers

Real average weekly earnings fell 0.3 percent over the month due to the 0.3 percent decrease in real average hourly earnings combined with an unchanged average workweek. 

Real average hourly earnings fell 0.1 percent, seasonally adjusted, from April 2013 to April 2014. The decrease in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.2 percent increase in real average weekly earnings over this period.

Real average hourly earnings for production and nonsupervisory employees fell 0.1 percent from March to April, seasonally adjusted. This decrease stems from a 0.1 percent increase in average hourly earnings combined with a 0.3 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers
Success or Failure?

The Fed is hell bent on producing 2% inflation. The Fed succeeded, but median real wages have not kept up.

Obama's solution, now embraced by Mitt Romney and other prominent Republicans is to hike the minimum wage (see Mitt Romney, Tim Pawlenty, Rick Santorum Call for Higher Minimum Wage; Tweedle-Dum vs Tweedle-Dee)

My solution is to stop all the manipulation by the Fed, by the president, by Congress, and by state and local governments. Such manipulation not only causes the wage inequality that nearly everyone moans about, it also has led to various bubbles of increasing amplitude over time.

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