Conference Burnout

I think conferences are great for coming up with business ideas and making meaningful friendships and business relationships, and I would not have as many opportunities as I have now unless I went to many conferences back in the day. But I think I have been going to about 8 or 10 conferences a year for the past couple years and have got burned out on them. I am going to be at Elite Retreat this year, but am hoping that I can take a break otherwise.

Appreciating Conference Saturation

This past week Elite Retreat was announced and I turned down speaking requests for 4 other conferences! It seems I could do nothing but speak at conferences, but I just have too much fun playing online and see too much opportunity to have to travel once or twice a month. And conference overload leads to burnout, a line I am near more often than I should be.

Appreciation of Online Assets

In the last few years I have seen

  • the lowering of the value of typical reciprocal links
  • the lowering of the value of most directories
  • drastic reduction in cost of market research
  • sharply increased domain prices (some people have offered enough to make me a seller, and I get offers about once a week from a rather small portfolio)
  • increased cost per click prices
  • buying PPC ads getting harder due to relevancy scores that try to prohibit non-brands from advertising
  • sales cycles getting more efficient
  • the creation of shaddow brands to allow businesses to be bolted on to free offerings that build good will and reduce their marketing cost to zero
  • increasingly complex information formats (both free and paid)
  • the saturation of markets that were largely created AFTER I got into SEO
  • quality links becoming tougher to get (you can see this with how the media is linking internally where they used to link out...you appreciate the trend even more when a few friends send you some private internal documents from said companies)
  • increased time commitment to create valuable brands due to increased market competiton (in some rare cases even pure spammers are creating good content)
  • people becoming more cynical about content quality due to linkbait attention whoring
  • hand edits wiping out once highly profitable websites that were cleaner than competing ones own by large corporations
  • the move from one-time sales to subscription based pricing

I still have a few tricks and ideas that offer an amazing ROI, but as more people use them the ideas will see their ROI approach zero, unless I look for ways to layer real value on top of them. And it is hard to layer real value without committing both time and capital to the project.

Comparing Online ROI vs Offline ROI

A few weeks ago my wife held a meetup for bloggers where she and I gave away tons of tips to people with no sales pitch. I also paid for dinner for about 30 people. Out of that mini-conference type event I think only 1 blogger even mentioned it online. Most expensive paid link ever. ;)

When I went to the Blogworld Expo I think there were about 30 or 40 people in the audience. And going to the conference cost me a couple days of work. In about the same amount of time I was able to create the Blogger's Guide to SEO and market it. It got a couple thousand inbound links, over 1,000 bookmarks, over 50,000 reads, and videos I embedded in it got about 300 hundred to 600 clickthroughs to YouTube from my article.

Your Thoughts?

I have way too many ideas and way too little time to implement them. In some cases I have partnerships and my wife is doing lots of development stuff now too, so both of those help, but do you still get the same ROI out of conferences as you did when you first started going to them? If not, what do you do in place of them where you find better ROI?

Do You Put Dates in Your URLs?

I wrote an article for Search Engine Land about why I do not like using dates in URLs.

One more reason I just remembered why dates in URLs are bad is that sometimes after you become popular re-releasing an old article that you published before you became popular is an easy way to come up with new content for your readers.

Do you use dates in your URLs? If so, why?

Triggit - the Easy Way to Monetize Accidental Rankings

Since Google largely tends to favor ranking informational websites over commercial websites, some authoritative blogs tend to rank for valuable queries based on posts they make in passing.

Even if you had no intent to monetize a post, it just became easier to monetize accidental rankings. If you use analytics to track your stats and notice that you start ranking for some good keywords you can use Triggit to embed links to merchant products directly in the text of your blog post.

Shoemoney created this quick video to show how Triggit works

Unlike the automated ad solutions like intellitxt or AdSense, these Triggit ads

  • look like other regular links on the page (so they should get a high CTR)
  • can easily be applied on a page by page level (so you do not have to clutter up every page to monetize the few pages that can make a lot of money)
  • link to products recommended by the editor (to preserve editorial integrity)
  • can link to merchants that pay via affiliate payout or CPC (offering multiple monetization models)
  • allow you to keep your pages clean (and easy to link at) until they rank, then have you add monetization after you have a leading market position for related keywords

Triggit ads are easy to set up and should require little maintenance on the end user's side, but they are still a small start up, so if you start doing well with them make sure you remember which pages do well so you can keep monetizing the pages if the Triggit partnership stops working, and so you can track which pages you should try to monetize more aggressively and/or build links to.

As blended semi-editorial in content ad networks like these evolve, the distinction between optimization and spam blurs. And since Google has a similar product, it is going to be hard to view this in a negative light without looking hypocritical in the process. From Google's pay per action page:

Text links are hyperlinked brief text descriptions that take on the characteristics of a publisher's page. Publishers can place them in line with other text to better blend the ad and promote your product.

For example, you might see the following text link embedded in a publisher's recommendatory text: "Widgets are fun! I encourage all my friends to Buy a high-quality widget today." (Mousing over the link will display "Ads by Google" to identify these as pay-per-action ads).

Though the maximum length of a text link is 90 characters, we've found that shorter links perform better because they allow the publisher use the link in more places on her/his site and in different context. The maximum length is 90 characters but less than 5 words is best. Even better, just use your brand name to offer maximum flexibility to the publisher.

SEO Kaleidoscope: Exploring the various facets of search engine optimization

Guest Post by Hugo Guzman

Here’s the thing about SEO. Everybody thinks they’re an expert.

From the greenhorn working out of their (or their parents’) garage, to the recent college grad working in the marketing department of Fortune 500 corporation, to the seasoned and often burned-out veteran working at a name brand interactive agency, there are literally hundreds if not thousands of “search engine optimization experts” both in U.S. and the world at large.

And the reality is that very few of them really understand what SEO is all about. Sure, a lot of people know what keyword research is, or how to mine for link targets. But true optimization goes much deeper than that standard set of deliverables.

I currently work for one of those brand name interactive agencies, Zeta Interactive, and if there’s one thing I’ve come away with from my experience in this field it’s that finding and retaining good SEO help is not easy. Both from a site-side and link-building perspective, the workload is extremely heavy, often forcing SEO employees to choose between quality and timely delivery of recommendations. Furthermore, interactive agencies have a nasty habit of failing to take true ownership over the clients they manage and viewing SEO with a pair 2002 glasses, making the job of a truly scrupulous SEO purist extremely demoralizing at times. Add a high level of competitiveness among agencies and the result is a high level of turnover and relatively low number of truly qualified applicants. And did I mention the endless stream of meetings, calls, presentations, and contractual legwork?

When one of my colleagues ponders the cause of this most exasperating of working conditions, I always offer up a painfully simple response; all of the really great SEOs don’t need a day job.

What do I mean by that? Well I’ll tell you if you promise not to get offended. And before I do, please bear with me as I explain a little bit about my own SEO background.

In my former life, I was a salesman. I hated my job and was looking for a more fulfilling way to make a living. A client of mine turned me onto SEO back in 2002, explaining to me just how despite a six-figure advertising budget and a team of marketers and programmers he was simply unable to rank organically for the terms associated with his products. The client basically told me that if I could figure out how to do that for him, and others, that I could probably make a whole lot of money.

That sounded like a plan to me.

Fast-forward to 2004. After roughly two years of working for local search firms in Miami, taking on my fair share of small consulting clients, creating small personal web projects, and writing as much as I could in the various SEO discussion forums, I landed a gig in the marketing department of CBS Sportsline as an SEO coordinator (among other things). I felt like I had finally made the big time. No more foraging around for small business contracts with little monthly budget. No more collection calls to delinquent clients. I was now in charge of SEO for a Fortune 500 company. I should be on easy street from here on out, right?

Wrong.

I quickly found out that corporate bureaucracy and office politics prevented me from implementing many of the most cutting edge techniques that would have given sportsline.com the competitive advantage it needed to set itself apart in the organic space. Mind you, this lack of implementation wasn’t due to incompetence on my part, because I did so well at my position that I was quickly put in charge of cbsnews.com and various other related properties, and was retained by CBS Interactive as a consultant after resigning from my position in the summer of 2005. It was just that certain individuals within the organization were either too lazy or too shortsighted to understand the significance of SEO in terms of both traffic and brand awareness.

Ironically enough, many of Sportsline’s stiffest competitors, specifically in the uber-competitive “fantasy” sports genre, were non-corporate entities that were able outmaneuver corporate behemoths like CBS due to their SEO agility and vision.

So I got to thinking, “man, these independent site owners are working for themselves and whipping the pants off the big boys. Now that’s what SEO is all about!”

Mind you, all this time, I had been developing my own small sites and working feverishly to establish a presence in the major SEO communities such as WebmasterWorld, SEOchat, and several others. I wrote features for SEOchat, served as a consultant to various prominent entities (mostly in the paid link arena) and began to make connections with other bright SEO minds like Rand Fishkin and Aaron Wall.

Little did I know, that soon thereafter, guys like Rand and Aaron would make a permanent mark on the SEO community and establish themselves as true SEO rock stars.

I, on the other hand, chose to pursue an entrepreneurial opportunity of my own, accepting a position and a majority stake at a startup by the name of Real Football 365, Inc. Based on my experience at Sportsline, I figured that it would be easier to reach the Promised Land in the sports genre than the SEO genre. Plus I happen to absolutely love football!

It was while working on www.realfootball365.com that I learned what true SEO is all about. Not so much because of my efforts or results with that site (hell, that site still has plenty of SEO shortcomings) but because I gained access to dozens of successful site owners that make a comfortable living doing something that they love. And the best part is that they’re able to dominate competitors with much deeper pockets and diverse resources because of their know-how in the organic search space.

For my own part, I learned just how important a role content plays in SEO (hint: Google is telling the truth. Content is king). I also experienced the joy of working on something that was at least partially my own and the freedom of experimenting with the most radical of SEO-related initiatives.

Most importantly, from a business perspective, I learned the value of developing professional relationships with industry peers and how catering to your base of users, whether they be customers or readers, is a crucial SEO skill. In fact, there are many skills that seem vaguely related, or completely unrelated, to the SEO discipline but are in fact the centerpieces of a truly successful SEO campaign.

Aaron often discusses some these facets on this very blog, but I feel that many enterprising optimizers soon forget the lessons being offered up, giving into the ever-present allure of keywords, meta tags, and paid link considerations. I’m not saying that traditional SEO skills aren’t important, but rest assured that the difference between the average “SEO expert” and guys like Aaron does not lie in the ability to properly construct a title tag.

So what did I mean when I said that the great SEOs don’t need a day job? It’s simple. Great SEO requires an entrepreneurial spirit and an understanding of the underlying business and marketing considerations that will help a particular company be successful. Failing to understand this, whether you’re a garage marketer, in-house optimizer, or agency SEO, will ensure your continued failure to ascend from good to great.

I think about this every day as I juggle multiple clients at my agency gig up here in NYC and continue to consult for realfootball365.com from a distance, hoping that small site eventually pays the way to my early retirement and to that ultimate personal jump from good to great. In the meantime, I’ll remember my humble beginnings and remind my coworkers to avoid the explicit ineptitude that made me laugh at agency SEO proposals back when I was an in-house evaluator.

If you’re also in the business of “selling” SEO (whether to small businesses or large corporations) or have otherwise fallen short of my definition of great SEO, don’t be offended. Just continue to pay close attention to guys like Aaron and always remember that some of the greatest SEO minds of all time don’t even hang out in SEO hubs like Sphinn.com or WebmasterWorld. They’re busy implementing new business initiatives and raking in the spoils of their non-SEO related web empires.

What do You do When Affiliates Call You a Scammer to Sell Your Product?

To be honest, I have used the "scam or not" angle before when trying to pull in traffic for something and have called stuff a "scam" when I did not like it, but I have never called something a scam right before trying to sell it.

Is this a common affiliate technique? Would you allow it? Does it bring in skeptics that never would have bought? Or does it taint the brand too much?

Most Online Newspapers Lack Functional Business Models

Mediapost referenced a 66 slide powerpoint by The World Association of Newspapers, titled Shapping the Future of the Newspaper.

Each bulleted list below is a slide from their presentation. I grouped some of them together to discuss how/where I think they relate.

Product Packaging

  • Broken information asymmetry: Information is easy to charge for as long as only a few have access to it. Today's information symmetry makes it increasingly difficult to charge for regular news/information.
  • Losing loyalty: Consumers are increasingly grazing media. If they don't like it, they immediately move on to greener pastures.
  • Increased individualism: As we see a strong trend of individualism in the society, mass media has the downside of offering the same message to everybody.
  • Design Hype: 50-70 percent of buying decisions are made in the store means more focus on design.

They realize they are no longer able to sell what they once sold and they are losing loyalty each day. Eventually they won't even be able to pay people to take what they once charged for.

They see that consumers want an individualized focused product. They realize that buying is largely a game of taste and packaging. And yet they do not realize that they are selling news, even if it is free. If packaging matters for products it also matters for information. Niche brands are a good thing. Niche bloggers get this. NTY got this when they bought About.com's blog network. Why doesn't the rest of the media get it? Probably because actually changing to give the market what it wants feels risky, and the only niche they appeal to is local.

Authenticity

  • The search for authenticy: In a world of fake stories the authentic and real becomes important.
  • PR and marketing merging: Editorial content has higher impact than ads, which turns PR into a sales activity.
  • Online transactions a new revenue source: As media goes online, transaction revenues for services become an increasingly important revenue stream.
  • New revenue models: Newspapers need new revenue models to keep being profitable. New technology offers endless options to reach the future customers (e.g. rich-media ads, virtual worlds, viral marketing, product placement, parasite distribution, maglogs)

They realize that the perception of authenticity is becoming more important, but their journalistic rules will keep their content too vanila to create it, and they are fine with promoting public relations and looking for new business models including affiliate marketing, product placement, and parasite distribution. Eek.

Complexity & Depth of Coverage

  • Simplified news: "News snacks" are becoming the norm as customer needs are oversaturated. Simplification means a newspaper can only afford to be good enough.
  • Analytic journalism: Newspapers will offer deeper analysis, opinions and explanations of the news in a larger context to help people navigate in an increasingly complex world.

I can't see news organizations being as efficient as blogs on the news snacks angle. And the in depth reporters are not going to be able to beat out subject matter experts unless they focus on a niche. If they focus on a niche and get a following then they don't need the news organization behind them. Google or Federated Media or some other ad network can do the selling for them.

Conferences & Affiliate Marketing

Lorna Li wrote a wonderful overview of my wife's blog meetup speech. Jeremy Schoemaker announced the next Elite Retreat, which is on April 3rd and 4th. With Brian Clark speaking, I feel more like I am going to be an attendee than a speaker. Check out Brian's post on creating leading edge strategic content.

Kris Jones launched the PepperJam affiliate marketing network today.

NetAudioAds Wasting Publicity Pushing a Bad Idea

The WSJ just published another article about making money from blogs, highlighting Darren Rowse's success (congrats buddy) and some small ad networks aimed at bloggers, like NetAudioAds. These ad networks pay bloggers crumbs:

Blog publishers get a 25% cut of the ad revenue. About 25,000 publishers have signed up so far, says Michael Knox, V2P's co-founder, and several large companies and 2008 presidential campaigns have expressed interest in becoming advertisers through the service. A site that gets 2,000 unique visitors per day with an advertiser paying $14 per 1,000 plays might earn $28 a day, or $196 a week.

What self respecting publisher takes only 25% of ad revenue to annoy all of their visitors with audio ads? And how do you keep up your momentum and pageviews if you annoy everyone who comes across your site? If the idea wasn't bad enough, the company behind this ad network is talking to the media to pump their product while

  • a blogspot hate site ranks #1 for their official name
  • their official site that does rank for their official name does not even use NetAudioAds in the page title
  • they bid on AdWords their core brand name but they are not even bidding on alternate version of their name like Net Audio Ads

How do networks that offer advertising and marketing solutions for others do such a bad job marketing their own products?

Grocery Shopping to go Web 2.0 With Microsoft

Microsoft is testing placing ads and an interactive media environment on shopping carts:

Cardholders will be able to visit a website and plan their shopping list that will then appear on a cart-attached screen when they get to the store and swipe their card.

The screen will display the price of items that shoppers place in the carts and a running tally of the total; moreover, ads, coupons and incentives will also be displayed as shoppers walk around the store.

The instant-feedback nature of such incentives will give advertisers real-time results on which prompts worked and which didn't.

Green Giant Green Beans are the nutritious choice of 3/4 moms. They are in isle #3 and they will make you happy and healthy.

Not interested in your health?

Try some delicious peanut butter flavor Snickers. On sale today only. Buy 9 get 1 free. :)

The SEMMYS - Good Blog Posts You May Have Missed

I was just voting on the PPC section of the SEMMYS and I saw some new posts I liked a lot.

It is not the comprehensive list of all the best posts of the year, but most of them are of great quality and well worth a read. It is nice to read the best stuff someone else spent a whole year digging up. Great job Matt.

Tamar also recently referenced many great posts in her 2007 year end post.

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