Archive for October, 2008
Last week I returned from the My new LifeStream on SweetCron
If you haven’t yet noticed, there’s a new nav item at the top of this page, entitled ‘LifeStream | Me, Online’. This LifeStream basically aggregates my various activities and actions across the various social media sites I frequent. Such sites include Delicious, Twitter, Last.FM, Flickr, ColourLovers, this blog, and more. (more…)
The Longtail Rule (aka the 80-20 rule) is everywhere!
Ever notice how certain things you do at your day job seem to integrate themselves into your everday life? A perfect example is the Pareto Principle, otherwise known as the 80-20 rule, the Longtail, the Zipf law or the Power Law. Whatever you know it as, it has become very well known to the internet industry due to the www’s ability to offer greater choice and inventory than previously possible in a brick and mortar store. For the sake of this article, I’ll be referring to the Pareto principle as the Longtail rule.
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Internet marketing ideas that won’t break the bank
Although as a whole online marketing is one of the most cost-effective marketing channels out there, some online marketing methods can still eat into a yearly budget faster than you can say ‘Google’.
Take PPC (pay-per-click) for example. According to MarketingSherpa, US SEM spend is expected to hit $16.5 billion by the end of 2008, with Google accounting for 71% of all US search traffic (74% for the UK). Add to this the news of Google’s recent deal with Yahoo, and the search engine marketing landscape (with paid ads in particular) is shrinking. With less competition, we’re witnessing the formation of a quasi-monopoly that can only drive keywords costs up. As a cost-aware marketer, you’ll still have to rely on the long-tail keywords to maximize conversions, but you won’t be able to avoid some competition over pricey keywords and your online budget will take a hit.
However, the true beauty of online marketing is the multitude of choices available that are either cheap or free. In this time of impending economic doom and gloom, below is a list of various marketing tactics you can do that won’t break the bank… and if anything they’ll only add to it.
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