ad:tech San Francisco: The New Power Brokers – Apple, Facebook, Google, Twitter & Beyond
Session Description: Whether you’re launching a company, marketing a product or just keeping your head above water, it’s likely that you’re increasingly forced to plot your strategy around today’s new power brokers—Google, Facebook, Apple and Twitter. Does the relative hegemony and power of these companies create a stable, predictable environment for the rest of us, or are we continually guessing what the next chess move will do to our plans? In this highly interactive and thought-provoking segment, Upstream Group CEO Doug Weaver brings together experts from the capital markets, industry journalism and agency leadership to explore the impact of these companies on M&A, marketing and advertising. Are these players permanent fixtures, or are there new power brokers waiting in the wings? And what do you need to know to make the very best decisions in the months ahead?
This session took place Tuesday, April 12, 2011. The speakers:
- Doug Weaver, Founder & CEO, Upstream Group (Moderator)
- Shawn Carolan, Managing Director, Menlo Ventures
- Scott Symonds, General Manager Media, AKQA
- Molly Wood, Executive Editor, CNET.com
I enjoyed the discussion, though I wish there had been more actionable items.
Bullet Point Review!
- Only 10% of Twitter accounts follow more than 50 people.
- What is a tweet worth as opposed to a Facebook news update?
- This curve is pretty similar to any participatory medium.
- 1 in 4 twitter users are African-American, which is sort of the mirrored opposite of Facebook.
- Does Amazon belong on this list instead?
- Already selling more digital books than printed books.
- Many start-ups use their services for storage, hosting, etc.
- $36 billion in ecommerce in 2010
- Who is empowered? They’re more about empowering themselves, not other sellers or users.
- They’ve all built really nice walled gardens. Does that make the web less relevant & by association, Google less relevant?
- When you solve problems, you grow the market.
- You still find all these walled gardens through Google.
- Google is tying bonuses to social media strategy (up to 25%).
- The personal recommendation is the absolute social currency of web 3.0.
- Google should let Groupon and Facebook have their games & get really good at search.
- Is the web less relevant with Facebook around?
- “Control, distribution, & delivery of content is the next battleground.” – Molly Wood
- Clients are more willing to go where good content & readers are instead of the more traditional media outlets.
- NBC/Comcast is just one example of vertical integration where one party own a both the content & the pipe.
- Kinect has reinvigorated some new life into Microsoft.
- Yahoo might have some life left in them.
- AOL? Made some good hires and good acquisitions & trying hard, especially with local & patch, but it remains to be seen.
- Who may end up being a power broker in 5-10 years? Apple may not be as people go towards open source, Facebook & Google may be, but ones aggregating content will be ones to watch. Lots of potential with foursquare. Blogging may overturn.
Advertiser-Sponsored Online Game Tournaments on PCHGames.com
While this is nothing new (ad-sponsored games), this tournament is an exciting twist on the old idea.
Publishers Clearing House (PCH) today announced at Ad-Tech San Francisco the introduction of advertiser-sponsored tournaments for free online games on PCHGames.com. Sponsorship exposes a brand to more than eight million targeted loyal PCH site visitors and drives an estimated 200,000 potential customers per tournament to an advertiser’s Web site. Tournament games include Mahjongg and Solitaire, which are two of the most popular games online and on PCHGames.com. In February 2010 PCHGames.com had 16 million game plays, 1.6 million unique visitors, 5 million visits and 28.8 million page views. Tournaments are developed in conjunction with casual game developer Arkadium.
The next tournament, Mom-Jongg, a Mother’s Day inspired version of the popular Mah-Jongg classic tile game, is taking place on April 28th and includes cash prizes of $1,000, $500 and $250. In addition, the top 25 scorers will earn 1,000 tokens, which can be used to win prizes including Amazon and Walmart gift cards or entries into PCH sweepstakes.
“PCHGames.com site visitors are highly motivated and engaged, especially when they have a chance to win cash just for logging on and playing their favorite games,” said Josh Glantz, vice president and general manager of PCH Online. “During the last tournament there were more than 540,000 games played in 24 hours. As the popularity of these tournaments increases the number of free online game plays continues to rise and ultimately makes this a very successful program for sponsoring advertisers.”
The advertiser-sponsored tournaments present a number of opportunities for brand messages and offers to be communicated throughout PCH’s stable portfolio of online properties, as well as through the company’s opt-in database of email subscribers. In addition to the customized tournament landing page sponsors also receive takeover ads, featured placement on the homepage of PCHGames.com, banner ads throughout the network, pre-roll and post-roll ads before the game begins and when it ends, custom tournament and partner emails and much more.
“Our online game tournaments provide a great way for advertisers to reach a targeted audience with multiple touch points at a time when they are engaged and hoping to win big,” said Michael Zane, director of online marketing at Publishers Clearing House. “Our team at PCHGames.com works closely with participating advertisers to obtain artwork and messaging, and then manages the tournament in its entirety. It’s a simple process that results in an entertaining and rewarding experience for those who play, as well as a great marketing success story for participating brands.”
Read MoreASW10 Session: Product Datafeeds: The Next Level
Session Description: Product datafeeds are among the most powerful tools available to affiliate marketers. We’ll discuss the current state of datafeeds and industry progress, best practices, and moving toward standards. The panel consisted of:
- Scott Jangro, President, Mech Media Inc. (Moderator)
- Larry Adams, Product Manager, Google
- Shergul Arshad, VP Business & Corporate Development, StyleFeeder, Inc.
- Brian Smith, CEO & Founder, SingleFeed
The panel was really well organized. Scott asked questions and then each panelist answered. I did my best to note the questions Scott asked and who each answer came from.
Bullet Point Review!
- Have you seen innovation in datafeeds?
- Larry: Haven’t seen a lot of innovation on the advertiser side, but have seen innovation from publishers. Deriving interesting information from feeds to actually provide some value. Taking this huge library & simplifying it. GAN is trying to figure out how to make the data more accessible & easier to consume. Easier for the publisher to get what they want out of it. The networks’ role is to be a facilitator. They push advertisers to get highest quality data and make sure as many publishers who want the data can access it.
- Shergul: 30% of the datafeeds they work with are truly excellent, 40% just acceptable, and the rest they have to mess with. 30% aren’t in the right format, and not just smaller programs but some are from big retailers. They’re on a campaign to try to help improve this and they reach out to the merchants. Sometimes merchants need to be shown what they’re missing by not providing accurate data. It’s easier for people to take advantage of open source tools to innovate so more people want to access datafeeds to automate sites. It’s hard to envision a one-size-fits-all datafeed.
- Brian: Not much has changed, but in the last 18 months datafeeds have become more complex. More attributes are being asked for from the merchants. That’s a good, positive sign. It does kind of screw things up for merchants trying to format new feeds in different formats. Merchants are starting to recognize datafeeds are great, and they’re looking for the next great channel. NOw they’re being forced to deal with datafeeds.
- There’s been more development of product APIs instead of downloading text files. Is API going to take over datafeeds?
- Shergul: API are more accessible when you’re pulling in fewer feeds. Using thousands of datafeeds just isn’t scalable. There’s a place for coexisting, but in general for speed and size constraints, they can’t shift towards APIs.
- Brian: Some publishers don’t know how to use APIs, so it’s going to take awhile for publishers to move over there and mostly they’ll coexist for awhile.
- Larry: The nice thing about an API is the data is fresher. GAN integrated with Google Base because they have a nice API. Working to provide more keyword targeted ads.
- Scott: Data has never been more accessibly and most networks now offer free access.
- If someone is just starting out, how should they start?
- Larry: Start small. Deal with usefullness before scale. Find out who has the best feeds and start easy. Figure out how you’re going to use them & then you can figure out ways to imprve the bad data or ignore it until the advertiser provices high quality fdata. Literally tens of millions of products are available to you. You don’t need every single product on your site to have a good user experience. There’s a fine line between copying and searching for inspiration. Don’t do what your competitors are doing – but shop there and find what you like and dislike in the shoes of a consumer and improve upon that.
- Shergul: It depends on what your site does. It’s manageable to access the “right” 20 datafeeds to be comprehensive in your vertical. Too man products can get too big and too overwhelming too quickly.
- Brian: Go after high quality. You might as well start with APIs and they have a wealth of information you can access. Make some calls & learn more about them. Start from there. Look at the big guys pushing great data – Amazon, eBay, Shopping.com.
- What are the major hurdles in getting “good datafeeds” to a higher number?
- Larry: That’s more of a merchant problem than a network issue.
- Brian: The networks need to sell datafeeds better. Case studies will work.
- Is there hope for standardization? Can we? What does it really mean?
- Larry: The first thing that comes to mind is categories. Building a common taxonomy that works for millions of products and thousands of merchants.
Points brought up during the Q&A
Shergul: Positive examples of great datafeeds and data quality: Nordstrom, Shoe Buy, Target, CSN Stores.- Larry: It can seem like a daunting task to improve a feed, but start small with one category to see if there’s a payoff on the work you’ve put in. Then you can more easily convince your boss it’s worth the time.
- If you have duplicate products, would you suggest changing the descriptions to avoid dupe content?
- Use your own analytics to pick the best product and dump the other one; there are enough products that you don’t need to worry about using both.
I hope I got comprehensive notes. I was trying my best to pay very close attention, but I have to admit that I got lost in some parts. By nature, it’s a dry subject, and though the presenters were doing their best to keep it lively, that early of a time slot might have not been the best. Here’s the presentation:
ASE09 Session: How to Monetize your Site with Widgets
Guest Post by Dominic Fawver.
Session Description: This presentation discussed how to enhance your site using various widgets, what works and what doesn’t, and how effective different widgets are to your site. The panel consisted of:
- Woody Wood, Product Manager, Amazon (Twitter @AmazonAssociate)
This session gave an overview of what a widget is, and what it can bring to your site. Many examples were given from the Amazon Associate program and a couple of examples from other sources. One of the chief reasons for using a widget is to add interactivity and functionality to your website. A key point that was mentioned was that a widget should be used to augment your site, along with all of the links and banners, instead of replacing them. Several suggestions were made as to what works and what does not. Included in the what works category were things like:
- Use the right widget for the job: focus on targeting the widget at relevant material to your site.
- Place the widget in the most effective spot: for example, in the center of the page for a one off topic specific item, or on the sidebar for something that is more long term.
- Use the widget as a self expression tool: add comments and recommendations to the items to make the relevant to your audience.
- Change content regularly: make sure that people want to return to your site.
The only negative thing I took away from this very well put together presentation was the mention of the very short duration of the cookie given by the Amazon Associate program. This will most likely not stop me from using Amazon widgets on my site, but is a little disappointing.
Affiliate Marketing Fanatics 10: Gonna Make a Change
Podcast: Play in new window | Download
Affiliate Marketing Fanatics – A Publisher (Mike Buechele) and an Affiliate Manager (Trisha Lyn Fawver) talk about all things Affiliate Marketing. From blogging to branding, social media to search, video and more!
Unfortunately this week we had a mic failure on Mike’s part, so even though I could hear him when we were recording the podcast on Skype, when listening back he was inaudible. I tried amplifying it and leveling it and everything, but it was a lost cause. So instead, we decided I’d give you a recap on what we talked about since they were all pretty important issues. Basically, we’re taking a page from Shawn Collins’ book on podcast failures ;). So the title refers both to all the changes going on with tax rules and disclosure regarding affiliates AND to the change Mike has to make to get the recording right next week!
The recap episode is a short and sweet 26 minutes on the dot since it includes a Jackson tribute at the end.
In this show, we discussed:
- A recap of Affiliate Convention.
- Amazon dropped North Carolina affiliates and sent a warning letter to Rhode Island affiliates. Darren Rowse wrote about it on Problogger.
- The FTC is tightening it’s rules regarding disclosure, but it’s still ambiguous enough to leave affiliates questioning what this means for them. Daniel M. Clark wrote an article on the FTC disclosure issue, as well as Brian Clark of Copyblogger’s wrote about how to turn disclosure into a selling point.
- Twitter servers took a hit yesterday when the news about Michael Jackson’s sudden death broke. Are they ready to be a major search engine?
- Rumors swirled about other celebrity deaths – this doesn’t make Twitter look like a legitimate resource in the eyes of skeptics.
- Finally, Rest in Peace to Farrah Fawcett and Michael Jackson, who both passed away yesterday. We pay tribute to MJ and pontificated on whether or not we’d see affiliates attempting to capitalize on these events. I see just now that Shawn Collins is thinking about this topic as well on his blog.
My Blogs Now Available on the Kindle!
So, all the cool kids are doing it, I thought to myself, why NOT make my blog available on the Kindle? So yes, I went ahead and added all my blog projects to the Kindle store on Amazon! Now for the affordable price of $1.99/month you can read my blog on your Kindle! I also added my other blogs that I rarely discuss here, so please allow me a moment to pimp them as well…
By the way, for my fellow bloggers out there, it’s free to you to add your blogs to the Kindle store. Just go to KindlePublishing.Amazon.com to sign up!
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