Arbitrage for Success, Part 2 (Relevancy)

You might think media buying is much more of a science than an art. However, I find that the reverse is actually true.  By that, I mean media buying requires much more creativity and out of the box thinking than just crunching a few numbers or following a standard equation.  True, the key measurements such as ‘click through rate’ and ‘click to conversion’ must be precisely measured.  However, the only way to really influence improving numbers is to proactively place yourself in the end user’s shoes and do your best to determine what factors are influencing this user’s surfing or browsing behavior.  This is crucial as it relates to how these same users are responding to your campaigns at any particular time. In other words, the key to any successful media plan is relevancy. The placement of the advertisements to the traffic demographics of the publisher or direct site placements is crucial.  So, before any buy or placement of creative, some key questions must be asked. For instance, what are the age demographics, gender demographics, site topics and categories, timing statistics, as well as geographical location and socioeconomic status of the users?  It is also extremely helpful when you are able to pinpoint your audience’s primary shopping behaviors’ or preferences and their browsing preferences. In order to proceed with the media buying process the campaign and the answers to the above questions must relate to one another. The campaign will be much more successful when determined and selected based on the psycho graphic information and data collected beforehand.  In the next series, we will cover, key measurements for tracking and optimizing.

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Arbitrage for Success, Part 1

“Good quality traffic,” is always every advertiser’s end goal.   That’s really the key isn’t it?  It’s such a challenge, particularly these days in our performance marketing driven world to really hone in on and pair down on the most relevant traffic sources for the advertiser. While staying true to the yield needs of our publishers.  This is the fine line we as a network must walk every day.   Too many times we as performance marketing networks are limited within our own scope of buying on a performance basis, when our advertisers are also selling on a performance basis.  The downside to this, mainly, is concern for quality, site validity, as well as the potential for fraud, which has a greater tendency to surface as a result.  I suggest that its time for a paradigm shift.  In order to achieve the diversity, quality and ultimately relevancy for our precious clients, we must do our part as networks to think outside of CPA buying.  By avoiding non CPA based buying, and focusing more on CPC, CPM and CPV buying  we will open the market up to other media types, including search, display, email, contextual, blogs, etc.  Its critical to develop a strategy, maintain a plan and execute on action items as it relates to non CPA based buying.  If our goal is to sustain our advertiser / client relationships for the long term as well as secure an expanding budget, this is the best solution for both respective businesses to grow.  In the following series of posts, I will cover various media buying strategies for non CPA based buying including the most basic to the more advanced.

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Digital Advertising Shatters Records

Revenues for digital advertising has increased 23% from last year. Compared to other ad spending categories, digital ad spend has been outperformed.

Within the digital category, display and search advertising grew 27%. This growth was due to brands which are in the early stages of shifting spending to digital advertising.

As banner ads become more cluttered on sites, I think it is important to be competitive and engage users to interact with the ads. Advertisers should think about shifting from static banners ads to rich media to be more competitive with other banner ads.

Please click the link to read the entire article:

http://www.adweek.com/news/technology/digital-advertising-logs-record-breaking-quarter-135297

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Incentives Increase Brand Perception

According to a study from KN Dimestore and SocialVibe, banner ads with brand messages and incentives entice consumers to pay attention to it. Combining these increases interaction by 91% and brand perception, improved recall, and purchase intent by 38%. According to 48% of participants, they initially opt-in for the incentive, but they do stay and understand the brand message.

If a user engaged with the ad, it increased the odds of the consumer buying the product. When survey participants were asked about their intent to purchase a brand, the study showed a 110% increase.

We can conclude that advertisements with incentives drive site and in-store traffic including purchases and conversions. Consumers tend to revisit the site more often and 36% are more likely to shop at the store after interacting with the ad.

Click the following link to read the entire article:

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=158852

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Year 2016: Online Advertising Trumps TV

What does the future hold for online advertising? Will it be obsolete? Not according to a Forbes article. Online ad spend will overtake TV by 2016. “By 2016, Forrester says, advertisers will spend almost $77 billion online, comprising 35% of overall ad spending.”

Mobile ads will hit $8.2 billion in revenues by 2016 due to advertisers wanting to reach people through their mobile phones and tablets. We’ve actually noticed an increase in the availability and demand for WAP offers.

Display ads will also rise due to rich media ads like videos because they are image-oriented messages which engages the users.

It is interesting to think how advertising has evolved and what it takes to keep people engaged now versus than a hundred years ago. I wonder how accurate this prediction is and what new types of  advertising will be created before then.

Please click here to read full article:

http://www.forbes.com/sites/roberthof/2011/08/26/online-ad-spend-to-overtake-tv/

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ASE NY 2011

 Although the foot traffic overall was a tad bit lighter than ASW Vegas, we definitely thought it was one of the better shows we’ve been to for several reasons. 

First, we got to showcase our new PPI network, GuppyGo! and many affiliates were definitely inquisitive and more engaging. Second, PPI as an industry vertical was definitely becoming more commonplace in affiliate discussions. Finally, the relevancy of foot traffic as it relates to GuppyGo! as it relates to our specific partners (both advertisers and publishers alike) were very, very specific to our goals for PPI.

Looking forward to all of the new business and partners as well as developing and incubating all of our new friends and relationships.

 Check out the pics we got at the show! Thank you to all those who stopped by!

http://www.guppymedia.com/pages/event0026.html

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“PerPayInstall” – Not Just for Advertisers and Publishers Anymore

This month, Guppy Media announced and launched our latest business unit, “GuppyGo! – PayPerInstall Network.” The goals behind GuppyGo! are very simple but actually all embracing. All too often, most of us are very familiar with the all too similar network model of both an advertiser and publisher sign up. Although this is fairly straightforward and identifies that clearly you are signing up to a network as either an advertiser or publisher, it’s also so commonplace that it has become typical. Not only that but also it does not embrace the other stakeholders of what fundamentally makes online performance and direct response marketing work. Yes, obviously, you need both Advertisers and Publishers to create the fundamental ecosystem to make online advertising work, but you also need the software developers as well as content creators.

Remember, to create compelling campaigns and offers, the content or the “offer” itself must be equally compelling. Ultimately, this is the draw that is causing the user to click in the first place. As a result, as part of GuppyGo! we are ensuring that we are actively recruiting the following, in addition to Advertiser and Publishers:
1.       Application Developers – GuppyGo! is a substantial publishing network with distribution reach for any new software application hitting the market. By utilizing software products as core anchor or “draw” products for GuppyGo! monetization, we can both provide immediate distribution as well as revenue back to the application developer for their products! Any starting software developer could literally become a hero overnight!
2.       Monetization Components – For advertisers seeking more distribution of their monetization vehicles, because we now have created custom content bundles, this has opened an entirely new distribution mechanism in the form of hostable exe distribution via software bundles. Good quality and retention for the advertiser as well as new sources of inventory are the result!
Secondly, and ultimately, the benefit lies with the publisher and affiliate as well. For example, since GuppyGo! only showcases and highlights exclusive and proprietary PPI offers developed internally by Guppy Media Labs, the real benefits to the web publisher include the following:
1.       GuppyGo! content is always unique and fresh with a regular production schedule of new offers regularly releasing on a weekly schedule.
2.       Since all GuppyGo! offers are proprietary, the publisher is always ensured the highest network CPA’s and bounties.
3.       GuppyGo! PPI campaigns offer great flexibility in terms the media types that they can be published on.
4.       There are typically no scrubs, lead caps or budget restrictions for campaigns. Also, all CPA rates have already factored in, pre-scrub percentages.
The end result of GuppyGo! PPI is a mutually beneficial ecoysystem which encourages and proliferates a consistent revenue cycle and partnership between a) publishers b) advertisers c) software developers and d) content creators

Happy Earning!
Sam Sim
EVP, CoFounder
Guppy Games | Guppy Media | GuppyGo!
sam@guppymedia.com
sam@guppygo.com
FB: http://tinyurl.com/4yx6keo
Linkedin: http://tinyurl.com/4xqzpsx
Twitter: @samsimmediaguru

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Ad Placement Can Make or Break Your Campaign

Can’t stress enough about the importance of ad placement. With the variety of brands, ads, and placement options out there, it’s easy to place an ad in a contradicting or irrelevant spot. However, with all the time and money spent in creating an ad campaign, it is important to make sure it isn’t compromised by mismatched placements.

I reiterate, ad placement is vital if you want to garner increased quality traffic. Make sure you’re targeting the accurate demographics!

Please click here to read more:

http://www.adweek.com/news/advertising-branding/when-banner-ads-attack-133954

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Its Official! Guppy Media makes the cut for Inc 5000 2011

It certainly has been a tumultuous road since Guppy Media first opened its doors in 2009. In all honesty, we weren’t really certain what to expect when we initially launched as a company. Looking back, we can safely say that we thoroughly enjoyed the good times and lavished in all of the rewards that the little successes along the way, brought with it. We can safely say that in parallel, the many mistakes and failures also brought with it great learning experiences in the end. Honestly, there were many scary times as well. Through all of these experiences, good and bad, alike, we would hope that it all ends in a positive culmination of positive energy, improvement, success and we all become hopefully better and more experienced members of Guppy Media in the end.
 
As of August, 2011, Guppy Media received official notification of our acceptance into their coveted Inc 5000 list for 2010 companies.  Who would have thought that all of those tedious emails, customer service calls, ping pong tournaments and late nights would culminate into this.  As mentioned, we had just been worried about survival, much less acceptance into Inc 5000 – a goal, never even conceived until recently.  What all of this shows is, as cliché as it sounds, Guppy and its team is living proof that nothing replaces the value of our core philosophy, which are the “four P’s” to success:  Persistence, Patience, Perseverance and Passion for Partners.  Out of one fundamental tenet that we can share with our colleagues and our common industry is that we are Passionate about our industry but more importantly we are “Passionate about Partners”, by providing the best possible customer service.
 
We’d like to thank mostly you, our supporters and partners, for helping us achieve this victory, with hopefully many more to come.  We are passionate about working with you and we appreciate you.  We sincerely hope the feeling is mutual.

http://www.inc.com/inc5000/list/2011/800//

Sam Sim
EVP, CoFounder
Guppy Games | Guppy Media | GuppyGo!
sam@guppymedia.com
sam@guppygo.com
FB: http://tinyurl.com/4yx6keo
Linkedin: http://tinyurl.com/4xqzpsx
Twitter: @samsimmediaguru

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Appropriate SEM Budget Allocation Techniques (Utilize the “Funnel” Technique)

I’ve seen  all too often media planners give up on particular SEM campaigns simply because their total return and conversions did not equate to or achieved less than their total spending. There are definitely some subtle tips that all media buyer/planners should be aware of before committing to any SEM test.  Please review:

1.       Goals

a.       Have a clear goal

              i.      Are you looking for volume relative to cost per conversion?

             ii.      Is your primary goal gross margin and profitability as opposed to volume?

2.       Keywords

a.       Are you utilizing “premium” keywords?

b.      Specific to Google, please remember  to not discount broadmatch terms

              i.      Broadmatch terms may result in lower volume and perhaps lower relevancy, but they are                            typically much cheaper clicks

3.       Volume

a.       Are you willing to sacrifice volume to ensure that your conversions are meeting their target metric?

             i.      Lower volume keywords can equate to much lower cost per clicks

4.       Bid Landscape

a.       How many keywords and how many variations of keywords have you selected and have you mapped out the range of bids? What is the bid minimum relative to bid maximum range?

5.       Creative, creative, creative (i.e. text copy)

a.       (Note: Many successful media planners on SEM, also coincidentally just happen to be very good writers as well). Keep in mind that your text creative, the effectiveness of it, is absolutely essential to draw the initial attention of your users

b.      If you write your own text copy, you may also want to consult with colleagues who may write comparable text for you to split test

            i.      Try to rotate at minimum two text copies but I recommend at least several

6.       Landing pages/Jump pages

a.       How relevant and effective are your jump and splash pages (the creative that the user is redirected to upon clicking the initial search sponsored listing/text creative)

b.      “Relevancy” is really the key here. Relevancy, or the transition from text creative initial click through to splash page must be complete and undeniably relative from graphic page to text creative.

c.       All splash and jump pages must be clean with a clear title as well as call to action, again relevant to the initial text creative.  Effective splash jump page design is a whole other discussion, which I will touch upon at a later point.

7.       Testing periods

a.      Make sure you set accurate testing periods and total spends per test

b.      Keep accurate records and track accordingly

Again, the key here folks is that by testing, testing, testing, utilizing all of the criteria above, you can begin to accumulate key learnings. Utilizing these key learnings by setting a control and test case that begin to narrow down and deduce and utilize the “funnel” technique of whittling down to the correct formula. You’ll want to omit what doesn’t work and retain what does work over your set testing period and benchmarks. 

HappyBidding!

Sam Sim
EVP, CoFounder
Guppy Games | Guppy Media | GuppyGo!
sam@guppymedia.com
sam@guppygo.com
FB: http://tinyurl.com/4yx6keo
Linkedin: http://tinyurl.com/4xqzpsx
Twitter: @samsimmediaguru

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