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Category Archives: Advertising
Social Media Boot Camp, New York
SocialMedia.com is holding another Social Media Boot Camp in New York. The event features a conversation around how to effectively leverage social media in marketing campaigns including panels from industry luminaries and case studies from industry experts. As presentations become available, I will post them here. Some photos of the event: Keynote from Seth Goldstein: Social Media Stories 2.0 View more presentations from Seth Goldstein . Social Media Principles by Nick Gonzalez: Social Media Boot Camp New York View more presentations from nickgon . Macy’s Case Study from Gedioen Aloula: People Powered Advertising Word Of Mouth At Scale View more presentations from nickgon . Joshua Stylman’s Presentation: Reprise Media Socialmedia Bootcamp 05.13.09 Draft View more presentations from nickgon . Ian Schaffer’s Presentation: Omma Fotc View more presentations from nickgon .
Also posted in Social Media Tagged Advertising, draft, from-industry, gedioen-aloula, investors, joshua-stylman, media, passed-links, power, presentation, scale, Social Media, study Leave a comment
IAB’s Social Marketing Best Practices
As part of a company that makes social ads, I’m excited that the IAB has released a new set of social advertising best practices to help bring consistency to the marketplace, similar to the way IAB standards brought efficiency to online advertising back in the 90’s. The best practices were announced in New York at the IAB Marketplace on Social Media . SocialMedia.com was privileged to be part of the committee of over two hundred companies who put the document together. The ingredients of a social ad can include profile data, social targeting (by encouraging people to pass ads along to their friends), and social interactions within the ad itself, such as sharing or commenting. I strongly suggest you take a look. Social Advertising Best Practices Social Advertising Best Practices nick3896 IAB’s suggestes social advertising best practices. Publish at Scribd or explore others: Marketing Business & Law marketing social media
Also posted in Social Media Tagged Advertising, committee, document, gedioen-aloula, joshua-stylman, power, scale, social-advertising, such-as-sharing, the-marketplace, were-announced Leave a comment
Social Media Myths That Irk Me
Maybe it’s the recession, or maybe it’s because we ran out of coffee cups this morning, but I feel like it’s the right time to talk about the misconceptions about social media that really bug me. I hear it from agencies and I hear it from experts. Frankly I think we’re all just making this too hard on ourselves. Social media is media that is created, modified, or distributed by its audience. The media can vary by how deeply it is social, but at the core, that’s what all of these social networks, photo sites, and blogs are doing. We don’t need a hundred different analogies about how “social media is like” this or that. 1 Social media isn’t media. - This is the most common one and tied to myth 4 below. The idea is that “social media” shouldn’t be viewed as media because it’s can’t be bought and sold. Social media fits the definition of media by being a communication medium. Although quibbling over the definition is a tab bit pedantic, it’s important that agencies understand you can buy meaningful advertising within social media as you can within other forms of media. It’s a evolution in FORMAT, not a revolution in advertising. 2 Social media is one product. Too often I hear about agencies needing to “buy social media” and that consultants are “selling social media”. The fact is that there is often too much diversity how people use social media to talk about it as one entity. First of all, a lot of the social media consultation going on is aimed at individual brand building and small businesses. These groups are turning to social media to give them greater voice for less money that they’d otherwise achieve. Brands and agencies have very different needs that aren’t served by top ten tips for blogging. They need products that deliver reproducible and scalable results. 3 Social media buys need to be done apart from traditional digital buys. This is a common belief debunked by some of the best campaigns out there. Traditional and social media buys can work together. Pepsi’s “Refresh Everything” campaign consisted of traditional display and video spots, but leveraged social media through their “Dear Mr. President” campaign to increase the depth and emotive impact of the campaign. 4 Social media is an uncontrolled conversation. This is perhaps the biggest one. Brands worry that launching a campaign using social media tools will let the conversation out of their hands. Brands can control conversations simply by controlling the “gestures” participants can make. A more tightly controlled campaign would include only a few positive or neutral gestures users could make with a brand. Looser campaigns would solicit feedback, but filter the content they decide to promote. 5 Social media doesn’t have an ROI. The ROI question comes up again and again. The difficulty is that the return varies so much across client needs. Comcast can measure their return by measuring customer satisfaction. Pepsi can measure it by looking at purchase intent. At the end of the day it all just boils down to price. Does a social media campaign deliver the result at a lower price then comparable methods. Often times it does because you simply can’t accomplish what you want by any other means. Social media allowed Frank Eliason to engage with a large consumer audience in pro-active customer support impossible through other customer contact methods. Socialized ads allow brands to persuade consumers though endorsements from friends and communities. You can’t do this through standard broadcast media advertising.
Also posted in Social Media Tagged customer, frank-eliason, friends, internet-usage, return, social, Social Media, video Leave a comment
A Case for “Resubmit” Feature on Digg
Recently, Digg has really started cracking down on duplicate submissions and have actively gone after those who do it abusively by intentionally resubmitting something that they know has already been submitted. This is good. But… There are times when a submission is good enough to be featured on the front page but wasn’t submitted by a user with the social capital to get it the attention it deserves. Case in point: There is no question that the Digg community took a liking to the video. There is no question that the video had been submitted at least 3 times before (probably more than that). The way that Digg is set now, technically speaking, this is a dupe and should (A) not have been submitted, (B) the submitters after the first person should have simply Dugg the original submission, and (C) the other submissions should not have made the front page. Thank goodness that the dupe system isn’t perfect or Susan Boyle’s amazing performance would not have had over 6K diggs with tens of thousands of users enjoying the video. Still, the underlying negatives associated with duping stories outweigh the benefits of having strong content hit the front page. Is there a solution that can discourage dupes, give credit to the original submitter, and focus on content as much as possible? Yes. (more…)
Also posted in Mashable, Social Media, Twitter Tagged believe-bring, boyle-on-digg, follow-friday, incredible-idea, made-the-front, Mashable, resubmit, social, Social Media, social news, susan boyle Leave a comment
Marketing On MySpace Generates A 28% ROI
The most common refrain in the advertising space is, “That’s nice, but what’s the ROI?” It’s particularly important for growing digital budgets, that haven’t been grandfathered into budgets like TV. That’s why it’s exciting to hear real numbers attached to a digital campaign on MySpace generating at 28% ROI ( AdAge ). However, ROI can be a difficult number to grasp, particularly for companies who make their sales offline. For consumer packaged goods companies like P&G or Johnson and Johnson, market research firms have to track the spending habits of users exposed to advertising campaigns and compare it against those not exposed to measure the impact of the campaign. A large packaged goods company carried out such a study. The company carried out a $1 million buy on MySpace that featured a company page and social video campaign. Of 76.9 million people exposed to the campaign over four months, only 765,000 (
Also posted in Social Media Tagged avatars-spell, campaign, effective-way, friends, garfield, goods-companies, large-packaged, locations, page-on-myspace, return, social, the-advertising, video Leave a comment
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The Simple Truth About Digg’s Lack of Profits
It was hard. For as long as I can remember, I have not been one who clicks on banner ads. Heck, in most cases, I don’t even see them (thank you FF). A friend of mine who is an avid reader turned me onto Audible.com to download audio books. With recent articles in BusinessWeek and TechCrunch about the financial woe’s they’re having at Digg, I remembered seeing an Audible ad on Digg and thought, why not? I’m going to be signing up for the service anyway. Why not throw a bone to the site that consumes a ton of my time? The results weren’t good: These things happen. I sent an email to Digg pointing out the issue and waited. It is now 4 days later. I surfed Digg, doing my thing, checking every time I went to a new page to see if my target ad had found me. It eventually did, but still, it didn’t work. (more…)
Also posted in Social Media Tagged Advertising, continue-their, enigmatic, financial-woe, social internet, social marketing, Social Media, social news, the-biggest, users-including Leave a comment
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