luni, 24 noiembrie 2014

Getting Started With Paid Promotions

Getting Started With Paid Promotions


Getting Started With Paid Promotions

Posted: 23 Nov 2014 04:13 PM PST

Posted by anthonycoraggio

I'm receiving more and more questions from clients about how best to leverage paid content distribution and paid social platforms (here referred to together as 'paid promotions'). There's a lot of reason for increased interest—as content production has ramped up in digital marketing, it has become harder and harder to stand out from the crowd and reach the audience you want. Facebook shutting down companies' free lunch social distribution has only further pressed the issue—and sometimes you've simply maxed out on other paid channels!

But more than simply being an extra 'pay to play' option, paid promotion is a crucial part of any holistic digital marketing strategy. By using the range of paid online promotion and advertising tools available, we can take more comprehensive control in presenting the best user experience throughout the funnel—delivering the right content, at the right time, to the right person. There are three primary functions of paid promotions:

  • Improve the breadth and depth of content distribution
  • Use powerful targeting to drive more qualified traffic
  • Capture, retain, and shepherd qualified users to ultimately produce conversions

How and why you might use paid promotions will of course vary quite a bit, but regardless of your end goal, there are two key tasks for anyone seeking to succeed in doing so. Do these two things right, and you will have laid a solid foundation for achieving your goals.

First...

1. Define and target a specific audience

Defining a target audience in digital advertising or paid promotions is a more exacting exercise than usual, because we're actually operationalizing a definition that can be precisely carried out by setting controls in a PPC-like interface. Think of it like programming a computer—you need to break down your definition in extremely concrete, exclusive terms that are interpretable by the tool you're using. Don't despair though—it's not hard to do, and if you've been a good marketer and developed some proper user personas you'll be ahead of the game!

Answer these questions to set a concrete definition of the people that should be targeted with a given campaign or content release. These are typically going to be the criteria you actually enter into an interface when starting a promotions campaign on a tool like Facebook or StumbleUpon.

Demographic Information - Our ideal target for this content is...

Age - Many platforms will offer simple age based targeting, usually in the form of your typical "18-24, 25 – 36" type brackets.

Gender - Again, this is a simple demographic setting and is often available. Think about setting up separate 'A/B' versions to separately address men and women when relevant!

Education Level/Status - Is your audience in school? Have they completed a degree? Facebook and LinkedIn will let you drill in on these parameters.

Geography - Be as specific as possible. Generally, the combination of a state/province and a metro area level is as granular as geotargeting options go.

There are a few more options you can find on places like Facebook -income level, marital status, employment status, and more can be particularly useful in B2C contexts.

Many platforms will also give you an opportunity to define your target audience by interests, so think about what relevant topics or subjects the target user might be particularly interested in or looking for while online! For example, likes for travel blogs, language learning sites, famous travel writers, country specific cuisine, etc all can be used to converge on a very specific type of person.

2. Choose promotion channels

Once your target audience has been defined and the above questions answered with the best data available, you must consider the channels or platforms that will best make use of it. There are three major factors:

  1. Which platforms have targeting capabilities and an audience that can best replicate the user profile using their targeting?
    • Remember to weight the user's expected online behavior heavily in selecting platforms – while one might offer targeting to match the most targeting characteristics, if your audience does not actively use the platform's core service it is of little value as a promotional channel.
  2. Which platforms can best present the media to be promoted?
    • It is important not to detract from the user's experience of the content, or place it in a channel that does not fit it's form. A long form video, for example, will not usually fare well in skippable preroll spots or on-site rollover placements.
    • Remember also that use of different platforms can depend on device – and so might the usability of your content!
    • What behavioral context is preferable to achieve your objectives for this piece?

I strongly recommend taking a few minutes to browse around as a user when making these decisions, in order to think less abstractly about the experience you aim to create. Choosing channels is often a case-by-case process, but for common objectives there are some simple, intuitive guidelines to keep in mind:

  • If you want your content shared, promote it on channels that have built-in sharing capabilities (social media, StumbleUpon).
  • If you want users to feel they've 'discovered' a piece, focus on content plug-ins (Outbrain, Zemanta, etc), discovery tools (StumbleUpon), and more niche placements (subreddits, subject blogs)—depending on the accessibility/simplicity.
  • If your goal is a high level of direct exposure for content at a low price, content discovery plugins and display ad networks can deliver. Cost is relatively low and inventory is high, so it's easy to get eyeballs on your work.
  • If conveying authority is important, officially sponsored or openly disclosed promotions on respected media platforms or with trusted individual publishers can be a good tool—though often more expensive.

It can be useful to combine these guidelines to plan for more complex goals. For example, if you want to convey a sense of 'discovery' but also encourage sharing, StumbleUpon Paid Discovery could fulfill both these needs—the sponsorship is subtle, the user is in 'discovery mode', and SU has a social sharing frame right on top of the page. If that audience isn't engaged enough, you might bring traffic to a piece via Reddit and retarget for sharing on Twitter.

Planning for promotion should not be an exclusively post hoc activity—the content itself should be created with intended placement and utility in mind. Engage early in the process as goals for the content are first set, so that creative development and objectives do not ultimately conflict with the feasibility of promotions. Simply being involved in the conversation to flag potential problems is often enough!

Think outside of yourself…

One of the most critical parts of this framework is leveling what you want to achieve with what users will accept and value in a given medium, so I want to take a moment to reinforce the importance of this.

In answering questions of targeting and placement in a performance-driven world, it can be dangerously easy to think egocentrically, only in terms of what YOU want your customer to do in a given context—or more insidiously, what you want them to want to do. Remember that as a marketer or advertiser you are necessarily carrying tremendous baggage, both in terms of product knowledge and expectations. It's tremendously important to step back from your own (or your company's) perspective and think as a user.

What you ultimately need to reach your goals isn't necessarily what individuals using one of these channels wants when doing so, or are ready to do. Take the time to understand your audience and reach out to them in a way will resonate with the journey they are on. 

What considerations do you pay special attention to when promoting content? Are there areas of the discipline you'd love to learn more about? Hit me back in the comments!


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Seth's Blog : Sign your work

 

Sign your work

We expect authors, painters and singers to identify themselves, to sign the work they do.

And surgeons and lawyers as well.

What about managers, committee members, engineers and everyone else who makes something? Who made this policy? Who designed this menu? Who approved this project?

If you're not proud of it, don't ship it. If you are, sign your work and own the results. We'll know who to thank. If you work for a place where work goes unsigned (internally, in particular) it's worth asking why.

       

 

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duminică, 23 noiembrie 2014

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


"Regin" World's Most Advanced Cyber Snoop Hits Russia, 4 Other Countries; Western Intelligence Agency Likely Responsible

Posted: 23 Nov 2014 09:18 PM PST

Telecom companies in Russia and Saudi Arabia have been hit by the world's most sophisticated hacking software to date.

Symantec believes a Western intelligence agency is responsible.

Please consider World's Most Advanced Hacking Spyware Let Loose
A cyber snooping operation reminiscent of the Stuxnet worm and billed as the world's most sophisticated computer malware is targeting Russian and Saudi Arabian telecoms companies.

Cyber security company Symantec said the malware, called "Regin", is probably run by a western intelligence agency and in some respects is more advanced in engineering terms than Stuxnet, which was developed by US and Israel government hackers in 2010 to target the Iranian nuclear programme.

The discovery of the latest hacking software comes as the head of Kaspersky Labs, the Russian company that helped uncover Stuxnet, told the Financial Times that criminals are now also hacking industrial control systems for financial gain.

"Nothing else comes close to this . . . nothing else we look at compares," said Orla Cox, director of security response at Symantec, who described Regin as one of the most "extraordinary" pieces of hacking software developed, and probably "months or years in the making".

Symantec said it was not yet clear how Regin infected systems but it had been deployed against internet service providers and telecoms companies mainly in Russia and Saudi Arabia as well as Mexico, Ireland and Iran.

The security software group said Regin could be customised to target different organisations and had hacked Microsoft email exchange servers and mobile phone conversations on major international networks.

"We are probably looking at some sort of western agency," Ms Cox said. "Sometimes there is virtually nothing left behind – no clues. Sometimes an infection can disappear completely almost as soon as you start looking at it, it's gone. That shows you what you are dealing with."
Do Dirty Work Then Leave

The software somehow attaches itself, does the dirty work of stealing files or whatever, then vanished without much of a trace, apparently deleting its presence.

It's unknown who did this but I side with Symantec, more specifically willing to suggest the NSA.

Whether or not my suspicions are correct, it's no wonder people want encryption that no one can beat.

Regardless who is responsible, I cheer developments like this development courtesy of Harvard and MIT students: Easy to Use Email So Secure NSA Cannot Break It; What About NSA Other Attacks?

This is what it had to come down to. Government nonsensically spying on everyone led to a more-secure service that freedom lovers and criminals alike will embrace.

By the way, the encryption might be secure, but that will not stop the NSA from hijacking entire computers.

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

Wrong Three Ways: Europe Not at Risk of Full-Blown Deflation Says ECB Vice President

Posted: 23 Nov 2014 10:54 AM PST

Statements from various high-ranking central bank officials prove they are totally clueless.

For example, please consider an announcement today by European Central Bank (ECB) Vice President Vitor Constancio: Europe not at risk of full-blown deflation.

During a debate in central Italy, Constancio said he did not think "that in Europe there is the risk of falling into full deflation" because nominal salaries would have to fall in all member countries "and this cannot happen".

Cannot Happen?!

One really has to wonder about what is in these central banker's heads. Constancio is wrong at least three ways.

Wrong Three Ways

  1. Even if nominal wages and salaries rise, consumers can choose to deleverage, paying down debt, rather than spend.
  2. It is not impossible for aggregate wages and salaries to drop in all or nearly all member countries, and indeed I expect just that when the European recession hits Germany. 
  3. Advantage of inflation grossly misstated.

1. Can consumers choose to deleverage rather than spend? Sure, why not? Demographically speaking, Europe is in such bad shape, one might even expect just that.

2. Europe is clearly flirting with recession (see France Private Sector Output Drops 7th Consecutive Month, Orders Stagnate in Germany, Eurozone Flirts With Contraction).

And in a European recession, one would normally expect aggregate wages and salaries to drop in all (or nearly all) member countries. Parts of Europe are already in deflation and recession. All it takes is Germany to join the party and it will be deflation across the board.

3. Inflation isn't all that it's cracked up to be.

Consider Nominal Wages vs. Real Wages Japanese Style as depicted by Japan's Ministry of Health, Labour and Welfare.

.

Is it possible for prices to rise more than wages? Certainly. Especially if the ECB gets it inane wish of trashing the euro to create inflation.

Bear in mind that "real" does not include the effect of tax hikes. If Europe embarks on a plan to hike taxes, one might expect similar results as recently happened in Japan (See Abe Makes "Grave Grave" Decision to Delay Tax Hike, Gambles on Snap Elections, Seeks "Better Ideas")

Japan is out of deflation, but consumers are far worse off. All Japan has to show for its decades-long effort is debt approaching 250% of GDP.

The statement by Constancio was so superficial, and so wrong, in so many ways, one might wonder if it was purposeful misguidance or if he is really that much of a blockhead.

I suggest the latter.

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

Seth's Blog : The jobs only you can do

 

The jobs only you can do

One of the milestones every entrepreneur passes is when she stops thinking of people she hires as expensive ("I could do that job for free") and starts thinking of them as cheap ("This frees me up to do something more profitable.")

When you get rid of every job you do that could be done by someone else, something needs to fill your time. And what you discover is that you're imagining growth, building partnerships, rethinking the enterprise (working on your business instead of in it, as the emyth guys would say). Right now, you don't even see those jobs, because you're busy doing things that feel efficient instead.

       

 

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sâmbătă, 22 noiembrie 2014

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


"Eagle Cam": Aerial View of London via Video Camera Attached to an Eagle

Posted: 22 Nov 2014 03:23 PM PST

An eagle got an impressive birds-eye-view of London this week, flying over the city's most iconic landmarks using a Sony HDR-AZ1VR Action Cam attached to its back.



Link if video does not play: Action Cam Footage Shows Eagle Flying Over City of London

The BBC reports Eagle With Camera Flies Over London
An eagle with a camera attached has flown across London and offered a new perspective on some of the capital's best-known landmarks.

The footage was recorded over a week by an Imperial Eagle called Darchan.

The animal has been brought to London from the French Alps by The Freedom Project to mark the 50th anniversary of the International Union for Conservation of Nature (IUCN) Red List.

The Red List compiles the world's most threatened species.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

UKIP Picks Up Second Seat Following Tory Defection, Two More Coming Up?

Posted: 22 Nov 2014 12:20 PM PST

The first one or two people doing something can hardly be called a trend. Yet, all trends start with a movement of One.

UKIP gained a second seat in British parliament as a result of a special election following a Tory defection to UKIP. The first UKIP seat also came from a special election following a Tory defection. Two other Tories are allegedly considering switching parties to UKIP.

Prime minister David Cameron's Tories are clearly under pressure.

Please consider UKIP Gains Second Commons Seat With Victory in Rochester.
The U.K. Independence Party dealt a new blow to Prime Minister David Cameron as it won a second seat in Parliament from his Conservatives in six weeks.

Mark Reckless, who defected to UKIP from the Tories in September and then forced a special election in his seat of Rochester & Strood, 30 miles (50 kilometers) southeast of London, was returned to the House of Commons with 16,867 votes. Conservative candidate Kelly Tolhurst came second with 13,947 votes.

The victory, following that of Reckless's friend and fellow defector, Douglas Carswell, on 0ct. 9, may prompt further Tories hostile to Britain's membership of the European Union to follow suit. The rise of UKIP, which seeks withdrawal from the EU and curbs on immigration, has already led Cameron to promise a referendum on leaving the bloc and to hint he'll seek an end to the free movement of Europeans into Britain.

Fractured Politics

The result also underlines the way Britain's political landscape has fractured in the run-up to May's general election, making the outcome increasingly difficult to call. All three main parties lost votes, with the Tories down 14.5 percent on their 2010 result, Labour dropping 11.8 percent and the Liberal Democrats down 15.4 percent, according to data compiled by YouGov.

"This throws British politics up in the air," UKIP leader Nigel Farage said in an interview with Bloomberg Television. "If anyone gives you a prediction for the next general election, they're whistling in the wind. Nobody has got a clue."

UKIP has the backing of about 15 percent of respondents in national opinion polls, taking support from the Tories in particular. The main opposition Labour Party and Cameron's coalition partners, the Liberal Democrats, have been losing support to the Greens and the Scottish National Party. The Greens gained about 3 percent in Rochester.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Seth's Blog : A little more than a bushel, a little bit less

 

A little more than a bushel, a little bit less

Marketing works best when the effort you put into it is a little more than you think you need and a lot more than the market expects from your project.

And projects work best when the amount you need to get done is a little less than the resources you have available.

Marketing rewards a taut system, a show of confidence, the ability to be where you need to be with a true story that works.

Projects reward slack, the ability to keep your schedule and your quality, to watch the critical path and to make smart decisions.

The common errors, then: Pick too big an arena for your marketing, and seem underwhelming. And pick too big an agenda for your project, and run out of slack.

You have a bushel basket. The generosity of overflowing it makes it much more appealing when it's on the shelf. But when your job is to transport those apples, overfilling it even a little makes it likely you won't get to where you're going.

Make unexpectedly big promises. Keep them. Show up with enough resources to do both.

       

 

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