Think MAIL |
| Thinking
Internet Management Newsletter: Issue 1.6 |
| Date Issued: 23
October, 1999 |
Thinking Australias
Internet Management Newsletter takes a look at issues that go beyond the web page.
You received this Newsletter because you either requested it or it was forwarded to you by
a friend.
If you would like to subscribe or unsubscribe see the instructions at the end of the
important information that follows.
In this issue:
1. Search and Evaluate
1.1 The dollar value of Search Engines
1.2 Top searched for keywords
1.3 Banner Blindness
1.4 Microsoft and the risks within an unregulated medium
2. Audience Management
2.1 The new world could reposition your brand.
2.2 Are you part of the consideration set?
2.3 Position, position, position
2.4 You evaluate, then you buy
3. Offer of the Month
3.1 Share of Voice Report.
1 Search and Evaluate
1.1 The dollar value of search engines.
There is one point that we continually keep repeating: the internet is an
evaluative medium. People dont surf, they go in search of information.
According to Jupiter Communications, the three main activities on the internet are email, search
engines and researching products. All three are up in the high 80s and 90s in
percentage.
The importance and value of search engine listings cannot be overemphasised.
If so many people are using this route to reach you, then your presence here is a good
indication of your reach and share of voice on the internet.
It all adds up. Search engines can charge upwards of $50,000 per year for banner ads tied
to keywords. If your website can achieve a listing in the top 10 its
comparable to buying $260,000 worth of advertising per keyword.
On the Thinking website is a brief description of the main search engines and how to
submit and check for your exposure.
click here
Thinking has a Report called a Share of Voice Report that quickly and
simply provides a snapshot of your internet stature. For information, contact searchme@thinking.com.au.
1.2. Top searched for keywords
Sex is no longer the most searched for keyword on the internet. Probably for
the first time since aged University professors were masters of the web, sex
has been overtaken by the keyword MP3.
The technology that is revolutionising the music industry is also causing a sensation
amongst consumers and they are evaluating the technology online.
1.3. Banner Blindness
Everyone is talking about and trying to sell you banner ads. Why? When youre in a
seek medium, you rarely stop to view the scenery. Think of the last time
you went in search of information online. Did you hang around, happily waiting for every
banner to download and circle through its animation? Or were you more interested
in getting to the meat?
We know that when we took over www.fallscreek.net, due to the size of the top header, many
people were actually going off to other pages as soon as the navigation appeared. In most
cases they werent even waiting for the top header image to
download. We had to amend this so it would download faster.
Why is it that click-through rates are dropping down to as low as sub 1%? Normally most
people have scrolled past the banner before it has even come up.
This is banner blindness. Banners exist because they represent an easy,
convenient way to match the interruptive nature of advertising. However, the
medium is different to the TV. (Surprised?)
In one you have a captive audience, in the other the audience is active.
They are on a mission. In this medium, you cant think like an advertiser, you have
to think like an online consumer.
If youd like to hear more on how they think, email activeuser@thinking.com.au.
1.4 Microsoft and the risks within an unregulated medium
In the old days - a couple of years ago - you could control your message. Detractors could
be easily quietened by strategically increasing your voice through PR and
selected distribution of your message.
Getting voice was an expensive exercise.
On the internet a little effort can give detractors the reach and voice that could have major
image implications for prominent corporations who are usually sought after
targets.
For example, at Thinking, weve received a number of emails about Microsoft. Emails
on viruses embedded within Microsoft software files and will destroy your
hard disk if the file is opened. Emails about Y2K issues that state Microsoft products are
unprepared for the 1/1/2000.
They have all been hoax emails. However, such rumours can
quickly spread and be perceived as fact. Insignificant groups can risk the livelihood of
even the most prominent companies.
The internet opens new, uncharted waters in regard to issues and risk
management. If this is a concern, email risk@thinking.com.au.
2. Audience Management
2.1 The new world could reposition your brand.
What search engines offer consumers is a consideration set that gives them a glimpse of
their universe. If you appear here, then you are part of that universe,
if not then you may not exist.
Its similar to shopping in a foreign country. New brands can often become
new friends if seen often enough and the service is good enough. They can
reposition old brands as belonging to a different world or consideration set.
Take for example Yellow Pages. In the physical world, we reach for the
big yellow book to search for things we need. In the virtual world online, most people go
to Yahoo.com. How is your product being positioned online.
Many of the cases weve seen and evaluated, have shown a distinct difference between
the physical world brand and the online brand. Are you being repositioned online?
Many of the clients we spoke to didnt even realise they werent making it into
their customers consideration set.
2.2 Are you part of the consideration set?
When searching, people will seek out categories first. For example, I may
look for home loans before I look for ANZ, accountant before CPA
and sex long before Playboy.
The brand is a short cut to making a selection. However, if the recognised and known brand
is not there, then the new brand can quickly take its place as long as it
fulfils the basic needs. What this does is place many brands at risk of
losing their relevance online.
Quality has become less and less of a differentiator. As the quality and service of each
brand draws closer and closer, one of the most important differentiators will be a
constant presence.
Simply by being there when a customer searches for a category signifies that you could be
a reliable and trusted brand - Youre there when I need you.
Isnt that what a brand is about?
2.3 Position, position, position.
You cant beat being in the right place at the right time. Your mother and
your school teacher were right when they tried to drum that simple lesson in to
you. And it has never been more timely than now.
Brands on the internet are not about being, but about having a presence
whenever someone thinks about your product. Whenever you read a review of a book, there is
Amazon.com.
Its no different from Coke. Next time you feel that tug of thirst from the back of
your throat, look around. Chances are that somewhere in the landscape is
either a sign, or a shop, or a vending machine that will sell you a cool coke. Imagine if
you had to go to the Coke factory every time you wanted to quench your thirst?
They are where their customer needs them.
We need to use more of this thinking on the internet. You dont need people coming to
your door to get sales. At the moment, were talking to a client about starting a retail
online business without a website. The idea is to syndicate his content through
an affiliate program.
Customers dont have to find his site, his products find them.
Its all there. In this scenario, the retailer finds the customer. It keeps his
business flexible and able to move quickly to embrace customer demands and trends.
If you want to know more email everywhere@thinking.com.au.
2.4 You evaluate, then you buy.
Once upon a time, you could choose a Ford in just about any colour as long as it was
black. That was an easy choice. Today, the choices in just about every category, in every
part of my life have expanded phenomenally.
Its no longer a choice between a Ford or a Holden, but also a Toyota, Nissin,
Daewoo, Hyundai, Mazda, Honda, Seat, Proton, etc, etc. Then theres the range, then
theres the choices within each model.
Is it any wonder evaluation is an important part of any purchase decision. People are
looking at ways to empower themselves with the right information. The internet is fast
becoming the evaluation medium of choice for a very large audience. In the US figures show
that 50% of all new cars purchased were evaluated on the internet. The
same is happening in loans: In a recent study, 45% of respondents and 56% of
recent home purchasers said the internet was very useful for
providing information on obtaining a mortgage.
What this shows is that the internet is not merely about cash registers. It is not the
terminal medium, but one of the important pathways to a sale.
3. Offer of the Month
3.1 Online Share of Voice Report.
Thinking Internet Management Services can attend to all of the issues covered in this
newsletter. One of the first starting points is to discover the amount of voice or
presence you have on the internet.
Thinkings Share of Voice Program provides a valuable and quantifiable
benchmark of your internet presence. If youre serious about your internet
presence, then you should know where you stand when your customers go looking for you.
Time to Implement: 7 working days
Deliverable: Written report on your internet stature and recommendations.
Special Price: $500 per brand.
This offer is only valid until 30 November, 1999. For more information, contact shareofvoice@thinking.com.au.
THINK MAIL is Thinking Australias Internet Management Newsletter. It is compiled and
written by Mark Bergin and Joe Di Stefano.
For further information contact Thinking Australia.
Thinkings mission is to help our clients establish, develop and
maintain successful internet brands. We help them complete the transition from mere
internet presence of their brand to the more important phase of internet - brand
management which covers the management of their voice, experience
and audience.
Please send this newsletter to anyone who you believe would receive value from this
information.
To subscribe, email to newsletter@thinking.com.au with your name and
subscribe in the subject line.
Thinking Australia
ABN 580 70 357 425
Level 1 406 Collins Street
Melbourne VIC 3000
Australia
Tel : 61 3 9821 5055
Fax: 61 3 9821 5588
Email: info@thinking.com.au
Web: www.thinking.com.au
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