Thursday, December 20, 2012

Is Agile Marketing the Future of Search in 2013?


Over the last few weeks, the one thing I'm hearing a lot more people starting to talk about is the need to be agile in marketing campaigns.
At BlueGlassX, Greg Boser went as far to predict that agile marketing is going to be the new buzzword of 2013:
greg-tweet
As I said in my last post, it doesn't matter what you call your online strategy - and buzzword or not, that's not what's important - but there's a lot about agile marketing as a concept that makes perfect sense.
2012 Is the Year That Search Grew up!
Looking back over 2012, we've seen a huge volume of changes.
The problem we've had with SEO in the past is that there was a huge gap between what Googlesaid the algorithm did and what it actually did. Everyone knew all along we should be creating great content to build a brand online. But this year, more than any other, we've seen that gap close to the point that the only way to achieve sustainable results is to finally do what Google has been telling us all along!
This means we have to be nimble and able to think on our feet a lot more to naturally acquire relevant links as a by-product of high-quality content generation, not by traditional link building.
Andy Betts has written some excellent posts on the shifts we're seeing recently, and I spoke atSES London back in February about the measurement of ROI in search. During this time I definitely feel that we've seen a significant shift toward the industry evolving in this way, with not just search marketers realizing the value, but also social, PR, content, and branding teams being integrated into the bigger digital picture, too.
Having a Great Strategy Doesn't Mean You Forget About the Tactics
2012 has been a crazy year for seeing SEO evolve - how many years is an Internet year now? In 2012 I think we're looking at closer to seven years for every month!
And 12 months on, we now seem to be in a world where we realize having a solid, long-term strategy is a far more effective and sustainable way to get results.
But that doesn't mean we should completely forget about tactic-driven strategies. Tactics are still a key part of your strategy that gets you to the top - so as long as you apply tactics that complement your long-term strategy, as opposed to quick wins, you should still be trying out new tactics all of the time.
Everyone knows that the only constant in this game is change - even if you're staying on top of what's working now, you're still likely to be behind the curve.
To quote Greg Boser again, "Chaos is good, complacency is the kiss of death" - and there's no way you can stand still in this game; everything changes so quickly. You need to be looking ahead to where things are going; read the patents (for example, this one on Agent Rank gives some very clear signs) and make sure you're testing all of the time. That way when your competitors are chasing you, they're always one step behind.
Learn From Agile Project Management
There's a huge amount you can learn about marketing by reading about agile project management techniques and processes.
agile-process
Image source: Tutorials Point
This might be a very new way of thinking for search marketers, but it's not a new concept or model. In fact, it follows a very simple process:
  1. Build
  2. Measure
  3. Learn
agile
Image source: HubSpot
If you're trying to prove a point to your boss or client, this is clearly the easiest route to getting that message across. This is exactly the same way you would create a prototype for showcasing a new product, or a pilot episode for a TV series.
For anyone who is experienced in SEO, I would suggest that rather than trying to develop new skills in search, perhaps you should buy a book on agile project management instead.
But with agile marketing there's no need to change your whole strategy, just make sure you're adaptable enough to learn what does and doesn't work - and be well prepared to take advantage of any opportunities that may come along.
I think the one thing I've learned, especially this year, is that it's not always a case of right or wrong. There's a good chance you're doing something that's working, but it doesn't mean it's your best option.
The great thing about this industry is that we're constantly surrounded by great opportunities - so the first step is often figuring out what you shouldn't be doing or how you can free up some time.
For example, where are you wasting your time? What don't you enjoy doing? What aren't you good at? Once you figure this out, everything else is much easier to fall into place. Whether it's reviewing a client fit, your career, or your online marketing strategy, it's exactly the same.
Agile Isn't Flexible, It's Intuitive
In order to make your marketing campaigns agile, you need to fully understand what this means - and just as importantly, what it doesn't.
While it may seem like a campaign that's flexible, that's not what it's about. Yes, it's sensible that rather than having a rigid 12-month editorial calendar, you add flexibility in order to adapt and change. For example, perhaps you'll set 25 percent of your plan aside for topical issues, which may come up and allow time to be adaptable (depending on your industry, it may be much higher).
But flexibility suggests making a compromise, which isn't the most effective way of getting results. An agile marketing campaign needs to be able to adapt and intuitively grow based on your key findings and strategy.
Run Controlled Experiments and Prove a Point
As Greg says, it shouldn't be a "throw stuff against the wall and hope that something sticks" model. Instead, you should be testing out new ideas and concepts by creating controlled experiments.
If you can closely measure the impact of a tactic on a small scale, and prove a point that if you do X, this Y happens, then you can make data-driven, strategic decisions on whether you'd like to roll this out more heavily across your campaign.
This makes you more agile in being able to move quickly . Plus, it means that by running small experiments in this way, you'll be able to prioritize decisions based on their likely success. And that's what it's all about - the building and prioritization of a clear marketing plan.
Marketers Need to Lose the Fear of Failure
By being agile, you also lose that fear of failure. It's not about making every single thing you do a success - that leads to taking safe bets and consistently getting average to good results.
You might be happy with that, but if instead you accept that you're going to make mistakes along the way, you're incrementally improving your processes and likely to achieve much better results in the long term. Matt Roberts from Linkdex made an excellent analogy recently, which was a comparison with the VC funding model.
"VC's will often back 10 companies, accepting that some will be complete failures, others will do ok - but if one is a big success that outweighs everything else they've backed. And this applies to search and content - it's much better to have one outstanding piece of content which outperforms everything else you've done, than it is to have 10 pieces [of] content which have had good results."
SocialTriggers.com by Derek Halpern is another good example of this. Derek would much rather have one great piece of content and then focus the rest of his time on promoting that content. His theory being "why create new content when there are still people who haven't seen your last post yet?"
It's a different way of looking at things, but again it makes a lot of sense - he's learned what resonates with his audience, to the point that every post he writes has over 100 comments. So now he gives his audience what they want to see - and follows up by promoting it as much as possible.
Your Team Must Be Integrated, Not Siloed
If you're going to have an agile strategy, the first thing you need to do is ditch the silos.
In order to get the best results, you need to make sure that everyone is on the same page. The days of doing SEO, social media, PR/branding, and even content marketing effectively in silos have gone - each of these benefit and help each other in different ways, so to get the best value you have to look at the bigger picture.
By using an integrated model, you can figure out your internal restraints and challenges - and then fix them. It's not always easy when everyone is fighting against each other for their own individual goals and budgets.
When's the Best Time to Publish a Story? When It's Most Relevant!
I was asked this question after my BlueGlassX presentation. My answer was to find out more about your audience and to learn what works best with them, in a similar way to how you would test an email marketing campaign.
However, for topical stories, timing is everything. If there's big news that's happening within your industry, you need to be prepared to drop everything and adapt, so that you can instantly switch your focus to what's most relevant.
For example, following Michael Jackson's death in the early hours of the morning, Amazon very quickly updated its Amazon Store to make a tribute to him and cater toward the huge demand of people looking to purchase his music. You don't wait for the optimal sharing time for topical stories like this.
Summary
For agile campaigns, you need to be on top of your game, and know what's going on around you. If you're prepared to adapt quickly when that topical story comes along, you're much more likely to reap the rewards.
Likewise, if you can ensure your campaigns are ready to adapt and you learn from both your successes and failures, then that makes you more likely to achieve that steady progress month-on-month, which is far more sustainable to long-term growth.
What do you think? Are your campaigns agile enough? And how important do you think this is going to be toward marketing success in 2013?

Tuesday, December 18, 2012

8 Changes to Google AdWords in 2012 You Shouldn’t Miss


Every year, Google introduces new ad formats, changes AdWords settings and introduces a few high profile tests into the wild.
This year saw a lot more aggressive monetization by Google, with several high profile changes that increased the real estate for ads at the expense of unpaid listings.
This roundup covers eight key changes introduced to AdWords in 2012:
  1. Google Shopping and Product Listing Ads
  2. Overhauled Location Targeting
  3. Dynamic Search Ads
  4. Enhanced Sitelinks
  5. Offer Extensions
  6. Dynamic Display Ads
  7. Mobile App Extensions
  8. AdWords for Video

1. Google Shopping and Product Listing Ads

Google Product Search, formerly Froogle, was once a free tool to allow anyone with a Merchant Center account to include their products in the visual product listings that sometimes appeared in search results.
This year, Google shifted those results to be entirely commercial and rebranded it Google Shopping. These ads are now powered entirely by Product Listing Ads and take two forms.
First, they appear as a band of sponsored image ads, with product pictures, price and vendor, underneath the top search results listing:
telescopes-google-search-results
Second, certain specific product searches will replace the right column of search results with a product description and links to retailers:
google-shopping-ads-sidebar-results-calestron
This is a dramatic change to the search results, how Google monetizes and paid search in general. It furthers the 2-year-old march towards paid search without keywords. Every retailer must incorporate these ads as a part of their AdWords strategy.
For more education, check out these resources.
How to create Product Listing Ads:
How to optimize your Product Listing Ads:
Watch Rimm-Kauffman Group’s webinar with Google about Product Listing Ads and read Google’sbest practices for Google Shopping (pdf). Google blog post, Google Shopping: momentum and merchant success, details some of the other changes and highlights merchants who have had success.

2. Overhauled Location Targeting

Location Targeting in AdWords got an overhaul with a new location targeting tool and some more sophisticated options for local targeting. This change is particularly relevant for brick-and-mortar retailers with a limited service area and companies that need or want to target specific areas.
The most prominent change is the introduction of ZIP code targeting.
adwords-zip-code-targeting
This targeting works well with location insertions for ads with location extensions, which automatically creates custom ads based on the users location.
adwords-location-insertion-with-location-extensions-someretailer
Other features, like airport targeting, can be a huge boon for car rental companies or local hotels:
adwords-airport-targeting
Politicians got a break with Congressional district targeting:
adwords-congressional-district-targeting
Watch this video to learn the basics:

3. Dynamic Search Ads

If you really want to catch a glimpse of the future of paid search, pay close attention to Dynamic Search Ads. This new technology will automatically crawl your site, according to logic you define, and created dynamic ads that combine information from their crawl with your ad template:
adwords-dynamic-search-ad-example
The ads only trigger for search queries that aren’t eligible to match existing keywords in your account. Theoretically, this allows you to address gaps in your account and more quickly adapt to changing inventory.
google-dynamic-search-ads
There are many technical nuances to setting up and tracking these new ads.

4. Enhanced Sitelinks

In many ways, paid search has become a competitor to organic listings. This has become especially true in the top listing, which appears above organic results and pushes them lower on the page.
Most recently, Google expanded their sitelinks with enhanced sitelinks:
example-pizza-store-enhanced-sitelinks
This creates a block of essentially five ads in the premier results location. Google automatically looks for text ads elsewhere in your account that match the sitelinks for your campaign and pulls in lines 1 and 2.

5. Offer Extensions

Google Offer Extensions add an offer below your text, similar to sitelinks. Offers can be redeemed online (trackable) or offline(not measurable in AdWords).
Offers only appear when you’re ad is in the top position. They’re primarily meant for brick-and-mortar retailers, but offers can be used online as well.
SEER Interactive has a nice write-up on the ins-and-outs of Offers extensions.
adwords-offer-ad

6. Dynamic Display Ads

Three years ago (!) Google acquired a company called Teracent whose technology:
…creates display ads entirely customized to the specific consumer and site. The startup’s proprietary algorithms automatically pick the creative parts of a display ad (images, colors, text) in real-time determined by like geographic location, language, the content of the website, the time of day or the past performance of different ads.
This year, that acquisition finally came to fruition with the introduction of Dynamic Display Ads. The ad is one template whose featured product varies based on where the ad is shown.
Like Dynamic Search Ads, this is a step towards full automating the advertising process. In this case, it makes scaling ecommerce display much more efficient.
Watch Google’s brief overview:

7. Mobile App Extensions

Apple's App Store isn’t very marketer friendly. Google answered the call of advertisers looking to promote their apps for download with new Mobile App Extensions.
This adds a sitelinks-like option underneath your main text ad:
google-mobile-app-ad-food-delivery-san-francis
These are an optional extension to your existing ads:
adwords-mobile-app-extension-and-app-picker
You can even track downloads in iOS if you integrate a snippet of code into your app.
Watch Google’s video for a high level overview:

8. AdWords for Video

YouTube is the second most popular search engine after Google and in the top 5 sites on the entire Internet. Google simplified the buying of video ads on YouTube and the Google Display Network with AdWords for video.
Targeting, measurement, and reporting for video ads on YouTube and the Google Display Network are integrated into AdWords.
To get a general overview read about Google video ads or watch Google’s overview video:
For detailed tactical advice, start with their step-by-step guide to YouTube (pdf).

SEO 101: How Your Website’s Structure Affects its SEO


When it comes to SEO training, most of the resources out there are quick to extol the benefits of both on-site optimization (typically, including your target keywords in key areas across your website) and off-site SEO (as in the case of external link building activities).
Site construction - courtesy © Maxim_Kazmin - Fotolia.com
Site construction – courtesy © Maxim_Kazmin – Fotolia.com
However, many of these introductory guides gloss over a subject that’s just as important to your website’s natural search success—its underlying structure. In fact, there are a number of different ways your website’s structure can influence its overall SEO authority, so be sure to brush up on the following site structure elements to make your website is as search-friendly as possible.

Element #1: Site Navigation

At first glance, website navigation might seem like one of those things that happens organically. That is, you don’t plan out where you’ll place every page on your website; categories and hierarchies simply start to form on their own as the size and breadth of your website grows.
When it comes to SEO, though, this is a huge mistake! The structure of your website plays a tremendous role in its overall SEO authority, and the specific navigation elements you put into place deserve plenty of attention in this process.
Your first site navigation consideration should be to avoid using navigation types that make it difficult for the search engines to crawl through your pages. Particularly, steer clear of navigation structures that are built entirely in Flash or JavaScript. While these formats might look flashy to your visitors, they’re nearly impossible for the search engine spiders to parse and crawl.
Instead, stick with navigation schemes based in XHTML and CSS (or, if you must, images that use appropriate keywords in their ALT tags). These navigation structures are more easily read by the search engine spiders, making it more likely that your pages will be crawled, indexed, and displayed in the SERPs, where appropriate.
But beyond the initial setup of your website’s navigation structure, you’ll also want to pay attention to your website’s depth.
When it comes to websites, “depth” refers to the number of clicks needed to reach any page on your site from your home page. From an SEO perspective, a shallow website (that is, one that requires three or fewer clicks to reach every page) is far more preferable than a deep website (which requires lengthy strings of clicks to see every page on your site).
As an added bonus, don’t forget that shallow navigation structures improve your website’s usability, making it far less likely that visitors will give up trying to find the content they were looking for in your buried pages. This decreases your website’s bounce rate and may improve your overall average time on site, both of which are factors that are suspected to play a further role in SEO rankings.

Element #2: Internal Linking

Of course, if your website is large, controlling the depth of your website through your site’s navigation structure alone isn’t entirely feasible. If you have 100 total pages, for example, you’d need more than 30 separate categories to make all of your pages accessible within three clicks using navigation structures alone, which would almost certainly bog down your site’s appearance and functionality.
So, while structuring your navigation paths correctly from the start can help to improve your website’s SEO performance, you can also decrease your site’s depth through the use of internal linking.
In the world of SEO, there are two types of backlinks:
  • External backlinks, which are links that point to your website from an entirely separate site, and
  • Internal backlinks, which consist of connections between individual pages within your website.
Creating internal links between the pages on your website offers a number of different SEO advantages:
  • As mentioned above, internal links decrease the number of clicks required to access each page on your website, allowing the search engines to use their crawl budgets more effectively.
  • Internal links offer opportunities to use keyword-rich anchor texts throughout your pages (though you should be careful to only create internal links to relevant, useful pages, instead of using this as an opportunity to create keyword-stuffed links).
  • Internal links improve the user experience on your website by providing readers with additional materials that may pique their interests. As a result, both average time on site and average pages per visit go up, leading to potential SEO and conversion rate benefits.
Fortunately, unlike plotting out your website’s entire navigation structure, getting started with an internal linking plan is easy. Whenever you add a new page, article, or blog post to your website, take a second to see if the readers who are accessing this new content might be interested in other topics you’ve covered elsewhere on your site.
If you do find opportunities to recommend related pieces, create internal links within your new content that point to these other website pages.
Again, keep in mind that, though there is some benefit to creating internal links that utilize keyword-optimized anchor text, this shouldn’t be your primary pursuit. Keep the focus on serving up interesting content to your readers, and don’t be afraid to skip internal linking on new content pieces altogether if you’d have to stretch to make other articles seem relevant.

Element #3: URL Structure

One final website structure element to consider is how your individual page URLs are built. As you might expect, there’s a potential SEO benefit to be had from integrating your company’s target keywords into this vital navigation area.
The specific steps you’ll need to take to set up an SEO-friendly URL structure depend on whether your site runs on HTML or a content management system (CMS) like WordPress, Joomla or Magento.

HTML websites

If you run an HTML-oriented website, your page URLs will be built according to the file names of every new HTML file you create and upload to your site.
For example, if you use a desktop website editing program like Dreamweaver to create a new article and save your file as “my-new-article.html,” the full URL of your article once uploaded to the root domain of your website will be “http://www.mydomain.com/my-new-article.html.”
Now, in this example, odds are you aren’t trying to get your website ranked for the keyword phrase “my new article.” So, instead of using generic file names, take the time to label each file with a descriptive name that includes your target keyword.
Be sure to separate multiple words with dashes, rather than underscores, as the search engine spiders may interpret words separated by underscores as a single word (as in, the file name “apple_pie” might be read as “applepie” to the search engines in some cases).

CMS websites

Typically, most CMS websites make it easy to create search-optimized page URLs, though you may need to tweak a few settings to get the greatest SEO benefit possible.
For example, in the case of WordPress, you’ll need to first navigate to the “Permalinks” section of the “Settings” area within your dashboard and select a link structure option that includes your post title within the full URL assigned to each post. If you don’t take this action, your URLs will—by default—include the numbers and codes created for each new post by WordPress’s standard settings.
According to the default WordPress settings, a new post URL structure could look like this:
By selecting the “Post name” option within the “Permalinks” panel, this URL would be transformed to:
This second variation is both more appealing to readers (leading to higher rates of engagement on your website) and confers the SEO advantage of being able to include your target keywords in your URLs.
If you’re using a CMS other than WordPress, consult the Help section of your chosen platform for complete instructions on how to set up SEO-friendly URLs on your website.
Even if you’ve already built your website without these elements in mind, it’s still very possible to go back and make the changes needed to ensure that your website qualifies for full consideration by the search engines and their automated spider programs.
Try correcting one element, or even one element on one single page, at a time. With consistent effort, you’ll see substantial SEO benefits as the result of your site structure changes.

Source: http://www.searchenginejournal.com/website-structure-and-seo/54156/

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Attract your visitors through Attraction Marketing.

Monday, December 17, 2012

Why You Shouldn't Ignore Long-Tail Clients (Small Business Owners)


Hopefully most of you have already read the news, but in case you haven’t, I am very excited to be a full-time member of the SEOmoz staff! The announcement came out as I was en route from Blueglass X in Tampa toBIA Kelsey’s ILM West show in Los Angeles. In fact, and I’m still trying to catch up on thanking everyone inmy Twitter stream and on the original blog post.
Both conferences were excellent, but if you’ve never attended a BIA Kelsey show, it’s a completely different animal from conferences and seminars in the search industry. The conference contains very few “actionable tips that you can implement on Monday morning,” but that’s not the reason you attend. BIA Kelsey recruits executives from the major digital marketing technology and service providers to small businesses for extended 1:1 or 1:2 discussions with their analysts. By and large, these executives are surprisingly open about challenges they face, and although some sessions turn into sales pitches, the best ones give you real insight into the online marketing pain points and opportunities for small businesses across the country.
So, keeping that background in mind, I want to focus my first SEOmoz post on my #1 and #1a takeaways from the BIA Kelsey show. (There will be plenty of posts from me coming up over the next several months, and Rand’s excellent Whiteboard Friday last week will hopefully satiate you guys on local for the time being.)

Small businesses vs. Search marketing 

I have lived, breathed, eaten, slept, celebrated, and advocated small business internet marketing for the last eight years. But not even I realized until recently:
1) How large the disconnect between the search marketing industry and the small business community is.
1a) The size of the market opportunity for the consultants and agencies who can bridge this disconnect.
One of BIA Kelsey’s forecasts really crystallized this disconnect for me: their annual survey gauging the marketing mindset of the average small business owner. This survey breaks respondents into two categories: “core SMBs” and “plus spenders.” What is incredibly revealing for most people in our industry is the average annual marketing spend of these two groups: $3,000 and $82,600.
Note: these numbers are TOTAL marketing spend. Annually, not monthly. Even the “plus spenders” would have a hard time finding anyone on this list willing to take them on for less than a $5,000/month budget, assuming they were looking for an end-to-end, search-and-social-media monthly arrangement. The level to which this segment is being served by the broader search industry is substantial, but economics dictate that more established agencies tend to go after bigger fish.
On the other side of the spectrum, BIA Kelsey is one of the few companies out there who even considers the plight of the $250/month small business. And if you think $250 sounds like a small monthly budget, wait 'til you hear that these businesses actually spend closer to $100/month on their website and web presence (see slide 8)! This is the reality of operating a small business, though. Advertising costs for small businesses do not come from a corporate marketing budget; they come from family vacation budgets or college savings funds.
Why do I think the market opportunity is so large, then, for agencies who can serve these average businesses? Surely there is no margin in a stable of $250/month clients?

#1 You have virtually no competition for these clients

Jim Moroney of the Dallas Morning News candidly admitted that his newspaper had effectively “priced out” most small business advertisers years ago. His newspaper has a 600,000 subscriber distribution, and for the mom-and-pop dry cleaner or local restaurant serving one small neighborhood in Dallas-Fort Worth, those types of ads do not pencil out economically.
The analogy holds true today even in the digital era. Most small businesses in this $250/month segment are priced out of online advertising. Most of the major Internet yellow pages companies are thinking either of Adwords, display ads (whether they be CPM or CPC), or a combination of the two. There were very few presentations at the show focused on acquiring new customers via inbound marketing. Yet in many categories, $250 will only buy a handful of clicks per month, especially once you consider the Cost-of-Goods-Sold that third-party vendors need to build into their pricing.
The bottom line is that inbound marketing, i.e. “free” traffic, is the only sustainable marketing technique for this large segment of small businesses. No other option has enough margin to sustain a business on the sales side, so traditional advertising companies are simply not targeting this enormous potential customer base. The CEO of YP.com roughly admitted as much -- that his company was simply too big and too slow-moving to be able to compete effectively with a 2-3 person agency -- and I don’t think he’s alone in this admission.

#2 By default, all of your leads for this business segment are going to be high-quality, inbound leads

At $250/month, only companies at the very largest scale (basically, Google, Facebook, and Apple) can sustain a business with a sales force. There is just not enough margin to support feet-on-the-street at this price point. So, at least among the BIA Kelsey audience, everyone is targeting the “plus spenders.” And even if those companies are able to bring on a business at this price point, they usually end up underserving them. Almost every company that has tried serving this segment at scale bemoans the tremendous “churn” rate when these clients cancel their contracts as a result of poor service.
No one is targeting these businesses from a sales perspective, so they’re literally forced to do their own research. Business owners making the effort to seek you out are going to be more engaged in the marketing process, more responsive, and more likely to implement changes or give you buy-in on your recommended tactics.

#3 The upside for these businesses could be huge

Chances are, you are starting from scratch with this segment. If they have a website, it’s probably completely un-optimized, and a few Title Tag and H1 changes will dramatically increase the amount of business they get from the Internet. Maybe only a few have claimed local search listings, or maybe the business only has one inbound link from a local college or community organization.
Unlike more competitive categories in organic search (like e-commerce or travel), success can still be achieved relatively quickly in most local categories. You're going to see a "wow" factor associated with even moderately effective white-hat tactics. And while small business owners have a reputation for “churn” in this industry, as I mentioned above, most of them are incredibly loyal to companies who actually provide value with their services.

So, what can you do to serve business owners at this lower end of the market?

Here are just a few basic tasks that rookie or junior search professionals can perform without requiring any time investment by a senior employee:
  • Improve Title Tags and H1 tags
  • Submit citations (whether in-house or outsourced)
  • Set up Google Alerts
  • Set up a WordPress blog
  • Provide editorial advice for weekly blog post topics and Facebook posts
  • Control blog commenting on the business owner’s behalf
  • Draft review solicitation emails on the business owner’s behalf
  • Track the success of review solicitation campaigns via a spreadsheet
  • Reach out to business and community organizations for locally-relevant links
  • Create hyper-targeted Facebook ad campaigns under $50/month in total spend*
    *In my opinion, Adwords has effectively killed its own small business market opportunity with the increasing number of "not enough search volume" long-tail keywords and ever-higher minimum bid levels.
Let’s assume your agency wants 100% markup on your employees’ or contractors’ time. Let’s also say that a decent hourly rate for a recent liberal arts college graduate is about $17/hour (this works out to a $36,000/year annual salary). This means your agency can afford roughly seven hours per month of marketing on behalf of an average small business owner. Let’s be even more conservative and say that a more senior employee at $100/hour will need to review each account for 30 minutes per month. This still leaves five hours per month, per business for the college grad. Think of the number of tasks in the list above that could be completed in that amount of time!
Helping business owners at the lower end of the marketing spectrum has been a cause for me since I started in the search industry. Beyond the near-moral imperative that I’ve felt personally, I also see incredible economic potential from serving these long-tail customers.
OK, that’s enough out of me for today. I’d love to hear from you guys: how many of you serve clients anywhere near this $250/month price point? What kinds of services do you provide them? What has your experience been like? How many have served them in the past but moved onto clients with bigger budgets? Looking forward to the discussion with you in the comments.
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New topic: What is Attraction Marketing?