I can’t seem to get enough of the graphics on 50 Million Elvis Fans Can’t Be Wrong, but then again, neither can anyone else. This limited edition postcard was adapted from a Channel Frederator poster illustrated and designed by Frank Olinsky. –Fred
…..

From the postcard back

Congratulations!
You are one of 300 people
to receive this limited edition
Channel Frederator postcard!

www.ChannelFrederatorNetwork.com
www.youtube.com/channelfrederator

Channel Frederator Network
The Declaration of Cartoon Independents

January 2016
NETWORK
529 million monthly views
5.6 billion lifetime views
2556 channels distributed
40 million subscribers
CHANNEL
8 million monthly views
132 million lifetime views
862 thousand subscribers
*Source: Frederator/YouTube Analytics

Illustration by Frank Olinsky

Series 35.1 [mailed out February 12, 2016] 

20:06 // 2 out of 6 finals done! The first one went good, but I’m pretty sure I completely messed the second up. I barely got enough points for the passing grade… Then again, it seems like most of my class mates didn’t do any better, so there’s that.
Tomorrow it continues! Just having a last glance over my cheat sheets to make sure I have all I need on there. I do them by computer because I can’t write decently on such small space and inserting (a lot of) pictures is sooo much easier like this.

New Post has been published on LarneBMA

New Post has been published on http://larnebma.com/the-day-remarketing-changed-forever/

The Day Remarketing Changed Forever

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Posted by cmurf

Today, we’re talking about June 25th, 2015: the day Google AdWords changed forever to allow Analytics remarketing audiences to be available for advertisers on search.

In our video blog, we’ll begin by telling you why this is important and explain some problems it solves. We’ll give you some examples of how you can use RLSAs, along with four benefits of using them. We’ve also included a simple example of how you can create one audience. And we’ll conclude with the sequel to The Day Google AdWords Changed Forever.

This video is about 25 minutes long — if this hits your TLDW (too long, didn’t watch) limit, you can check out a shortened, related video on elegant remarketing on search, or read through the summary below.

1. AdWords Problems

Those familiar with Google AdWords will be aware that it is your website’s best (or second-best, behind organic) converting source of traffic. However, that’s not to say that Google AdWords isn’t without its problems.

We term the three most common issues we see with AdWords as:

  1. The Leaky Bucket
  2. The Generic KeyWord Conundrum
  3. You Say Tomato

The Leaky Bucket

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The Leaky Bucket refers to instances where your AdWords budget is insufficient to cover all searches for your keywords. This means that you could potentially miss out on conversions due to your ad not showing along a user’s path to purchase.

The Generic Keyword Conundrum

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We coined the phrase “Generic KeyWord Conundrum” for keywords that are relevant to your business and which will drive a lot of traffic to your website. However, this traffic can be top-of-funnel and less likely to convert. So, when you have a set budget, it may not always make sense to bid on generic keywords.

You Say Tomato

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Then we come to the issue of the keyword itself. The best thing about AdWords is that it’s based on keywords. You choose your keywords, set your bid, and off you go driving traffic to your website. Yet, it can often be difficult to understand the intent behind a user’s search term. For example, if a user searches for “pizza,” it’s difficult to know if they’re searching for “pizza delivery,” a nearby restaurant, or a recipe.

Encapsulating these issues, we can say that the biggest limitation for AdWords has been that we can only target by words (excluding the obvious targeting options of location, device, etc).

2. RLSAs & Google Analytics

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We’re always striving to innovate for our clients here at Wolfgang Digital; to this end, we have weekly learning sessions where we discuss the latest changes in AdWords and how we can introduce these to our clients’ accounts. So we were extremely excited when it was announced on June 25th that Analytics audiences would now become available within Remarketing Lists for Search Ads. Up to that point, you could use RLSAs only with your AdWords remarketing tag. This would now mean that we could use over 200 Google Analytics dimensions and metrics to create audiences for RLSAs.

Building out these audiences meant that we could effectively target people at all stages across the purchase funnel.

3. RLSAs & Audience building

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Audience of website visitors

We could create an audience for past website visitors on the awareness stage. This means when we bid on keywords, we know that the user has been on our website and are familiar with our products, services, and price range. This user is more qualified and we can now tackle the Generic KeyWord Conundrum and also ensure that we do not suffer from the Leaky Bucket.

We can target Facebook traffic within the interest stage. Facebook drives lots of quality traffic, but it still suffers from lower conversion rates. Capturing this audience in Analytics and remarketing to them on search will allow advertisers to extract more value from their Facebook activity.

Case study 1: Brown Thomas

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Our first case study comes from a department store in Dublin who wanted visibility on highly competitive keywords for cosmetic keywords. We knew from past AdWords performance and insights from their Google Analytics that we would have a tough time getting good coverage on these keywords, while keeping the campaigns profitable — so we decided to overlay the campaign with a remarketing list for people who had previously visited the website. This enabled us to improve conversion rate by 1,500% and reduce cost-per-sale by 94%.

Case study 2: iClothing

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Our second case study comes from an online clothes retailer called iClothing. We manage their social accounts as well as their AdWords account, and could see that while social conversion rates were low, it was often a touchpoint on a user’s path to purchase. We created a list of users who had come to the iClothing website from one of our Facebook ads. Using this list within AdWords, we were able to show these users specific, Facebook-related ads encouraging them to return to the website to complete their purchase. This strategy allowed us to boost conversion rate by 165%, while reducing cost-per-sale by 84%.

Past purchases & repeat customers

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Another smart way to capture an audience is to look at past purchasers and repeat customers. You can define these audiences based on users who have made exactly one purchase as a “past customer,” and users who have made more than 1 purchase as “repeat customers.” There are lots of studies that indicate customers will convert at a higher rate and spend more, so it makes sense to target customers differently than non-customers.

Case study 3: McElhinneys

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Based on these studies, as well as our own insights from Google Analytics, we implemented a strategy for another one of our clients, McElhinneys, to break our audience down into 2 distinct categories: one for past customers, and one for users who were yet to purchase from us. This allowed us to target the 2 audiences in different ways and with different messages, as well as allowing us to split our budget as efficiently as possible. The implementation of this strategy led to a 324% boost in conversion rate, a 75% drop in cost-per-sale, and a 300% boost in Return On Ad Spend (ROAS).

Other audiences

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There are a few other types of audiences to take note of that you might want to target. These could be cart abandoners, those who’ve visited a certain number of pages, or those who have spent a certain amount of time on your site — these people are more likely to be engaged with your site and your products.

4. How to create an audience

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  1. Make sure your Google Analytics account is linked to your Google AdWords account.
  2. Make sure Remarketing is on in the Data Collection setting in your Analytics account (this is essential!).
  3. Go to the “Audiences” settings in the Remarketing section of the Property column on the Admin page of your Google Analytics account.
  4. Click on “+New Audience.”
  5. Select the Analytics view that you want to take this audience from and the AdWords account where you want to use the audience.
  6. You can then either create a new audience based on a number of characteristics, or import an existing segment as an audience.
  7. Once the audience is created, you’ll be able to see it in the Shared Library of your AdWords account.

Creating the audiences is a straightforward process. You need to visit the Remarketing section within Admin in Google Analytics. You then link with the appropriate AdWords account. Next, you can decide whether to use some available audiences, or import some segments already active within your Analytics account — or you can create a new audience.

Creating a new audience is easy. You can build an audience based on demographics, technology, behavior, date of first session, or traffic source. For example, we can create an audience for traffic that arrives from source = Facebook & Medium = CPC and this will create an audience of all Paid Facebook traffic (assuming you use GTMs to tag your Facebook Paid traffic with Medium = CPC).

The next time you visit the Audience section of your AdWords Shared Library, you’ll see your new Analytics audience available.

5. Benefits of RLSAs

Now we’ll look at four benefits of using RLSAs.

Control budget

First up, it allows us to control budget. We can ensure that we place sufficient budget on our best-performing campaigns. We have mentioned using RLSAs for past purchasers — in this case, we can ensure that any campaign targeting past purchasers has full impression share, as this campaign will be most likely to convert.

Control ad message

Our second benefit is that we can control our ad message. For example, after capturing a Facebook audience who has viewed our Spring/Summer dresses, we can tailor our creative by referencing Facebook and a Summer Sale.

Control KPIs

The third benefit is that we can control KPIs. We can now differentiate our campaigns between customer retention and customer acquisition, and designate our KPIs accordingly.

Control targeting

Finally, the fourth benefit allows us to control targeting. We can decide exactly what audiences we are showing our search ads to. We can move beyond mere keyword targeting and now add the layer of an audience, making Google AdWords even more powerful.

6. The Day Adwords Changed Forever: Further developments with RLSAs

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But, like all great stories, there is a sequel. The Day AdWords Changed Forever, Part II was when Google moved beyond audience targeting based on Analytics and introduced first-party data with Customer Match. Having witnessed the success of Facebook’s and Twitter’s use of email lists within their platform, it became inevitable that AdWords would allow advertisers to use email lists on search.

Building audiences via Analytics has its limitations. It is cookie-based, so a user could delete their cookies and we would lose them. They also do not cross devices so again we might be missing our audience when they switch devices. This makes email lists much more powerful, as we can now target users across devices when they’re logged into Google.

There are requirements to enable Customer Match, but if you go through the video blog above, we include a way to hack these requirements.

Customer Match

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  • Go to the Audiences section of the Shared Library of your Google AdWords account, click on “+Remarketing List” and click on “Customer Emails.”
  • You can then name your list and upload a .csv file with the email addresses on it.
  • You also need to provide a URL where users can unsubscribe from the list.
  • Define the duration of this audience, i.e. how long a user will remain part of this audience.
  • Click “Upload and save list.”
  • Wait until your list has been processed and if there are enough valid email addresses, you can then start to advertise to that list.

Thanks for watching and reading along today. We’d love to hear your thoughts on RLSAs and AdWords — sound off in the comments section below!

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Euro/dollar trapped in a range

Yesterday did not bring anything new to the euro/dollar. Fluctuations in the pair occurred in a range between support at 1.0820 and resistance of 1.0870. The market activity remains low, and how long it will last - it is impossible to predict. Bears are still need a steady break through of the 08-th figure, and the bulls - 1.1000-1.1059. The risks of further decline remained.

Anthony Porter,
IAFT Analys

Read more analytics…

IBM’s Watson IoT Expansion: Nexus of the Future

IBM’s Watson IoT Expansion: Nexus of the Future

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IBM’s launch of its new Watson IoT Center in Munich allows it to get a running start on the amalgamation of IoT and the rise of analytics. Management of big data sets is well beyond the abilities of individual — or even teams of — analysts, and the administration of information does not even touch on the facility to leverage this data to deliver benefits. Gartner sees over 6 billion connected…

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In 2015, marketing tech swelled in deal sizes, frequency, and valuations like never before. 2016 is off to a similar start. In a new MoneyTree Report from PWC and the National Venture Capital Associate, VCs cooled on later-stage growth investments, particularly in tech, at the end of last year. Whether that’s due to fluctuating financial markets, markdowns from institutional investors, global conflicts, or other factors, investors are shifting the model to value revenue over growth in the later stages.

But it’s the exact opposite for new funding. VCs are still stepping on the gas for early and seed stage companies, particularly in marketing tech. We’ve tracked every one of those investments, and they’re starting to paint a clear picture of what it means for marketers, CMOs, CIOs, and even sales teams.

Namely, you better step up your data analytics game, stat.

Th new VB Insight report on Q4 venture capital funding has tracked $7.4 billion in moving money (new funding and exits) for marketing tech in Q4 of 2015 alone. The volume of deals, in amounts, frequency, and categories of software are all trackable and trending a few very specific ways.

Data management, if it isn’t already, will be a priority for CMOs in 2016:

There’s customer data, inventory data, log data, search data, reporting, analytics, CRM, session data, et. al – with different vendors supporting each one, often in its own data silo.

This rise in customer data invariably means a rise in the sheer volume of enterprise data. Evolving customer expectations and real-time marketing trends necessitate a need for faster data processing and simplified data access. Companies are generating more data than ever, while the window to batch and process it (and deliver it with context) is shrinking to real-time.

Queue the seemingly limitless ascent of data analytics platforms. By some accounts, even specialized areas of analytics like predictive marketing will be a $30 billion (or $100+ billion, depending who you’re asking) industry in five years. We’re hard pressed to disagree. Take a look at the funding data for 2015:

That’s nearly $1.5 billion funneled into pure play analytics startups — these are dashboard companies, journey-mappers, audience-measurers — nearly all with super sophisticated data-mining pulling from proprietary databases. It’s a dart throw for who’s going to win right now, since the use-cases for big data for marketers are still coming to life and the models are still being created (i.e., tell Teradata you invented predictive analytics, and you’ll get laughed out of the room).

The full report includes an in-depth analysis on Q4 activity, as well as the full data from 2015 — and is available on VB Insight.

While the early part of the year saw huge dollar amounts given to customer-facing tech like programmatic advertising, it appears VCs have cooled on that opportunity as the state of delivering ads continues to be too convoluted for marketers to safely spend money on (but they’re spending it anyway, in record figures).

Backbone/infrastructure players should come last, given recent developments in database technology and firmly entrenched players in major categories like CRM. However it’s a rapidly growing category led by a handful of big dollar deals (AppDirect for $140 million, AppDynamics for $241 million, Twilio for $130 million, CloudFlare for $110 million, GitHub for $250 million, Unisys for $350 million — to name a handful).