Yahoo SearchLight Awards are a good laugh

Posted by Marshall on February 23, 2007 | Link It

I don't know if it's the Yahoo! Searchlight awards that's more funny, or how Webanalyticsbook, with his strikeouts and interesting perceptions that makes me laugh - and that's good for a Friday afternoon. 

 "….Several agencies presented their campaigns which included Sprint, Special K (Kellogs), Lexus LS and Chase bank. I don’t want to mention boring details here, but in regards of webanalytics, I was astonished how little knowledge these agencies had. The high-profile panelists from Businessweek, Imedia, Adweek and Sterling Market Intelligence asked the advertisers detailed questions about the campaigns and most of the webanalytics related answers were extremly vague."

With the lousy PPC conversion rates many of these sites get …. they probably want to be vague on the analytics.

"….All agencies showed their success stories with impressive Yahoo buzz numbers , but except winner Avenue A/Razorfish (Chase campaign) nobody came up with meaningful webanalytics data. Some agencies got even ‘busted’ when the penalists wanted to know more details about A/B testing, customized landing pages, SEO and optimization methods."

I'm not surprised.

"…After the event I was asking one of the presenter for more information about their tracking methods and I was absolutely shocked when he told me that their PPC bidding tool (with a few million $ budget) wasn’t merged with webanalytics data."

That's more typical than not - Google Analytics makes in easier to connect the dots with AdWords and Google Analytics - but most of the other platforms require re-tagging the PPC URLs so they can be differentiated from organic or campaign results - and while it's not that big a deal - it can be for some.

 

 



3 Responses

These are the current comments for "Yahoo SearchLight Awards are a good laugh"

02/23/07 @ 10:08 pm

Marshall, Thanks for picking up the story. It is astonishing that high-end webanalytics did not arrive at large agencies yet.
From my impressions I believe that these agencies have such large budgets that webananalytics data is not relevant enough to the enire campaign goals.
The whole event was “shocking” to me. Especially when these agencies said, that they tried to convince everybody that an online campaign, which costs about $ 1 million per month, won’t make a company rank in the top search engine results.
I believe with a $1 million campaign budget per month,within 2-4 months I am am able to rank No.1 for pretty much any keyword. International link building is something these guys obviously never heard about ;-)



Yoki
02/23/07 @ 10:23 pm

I think perhaps you’re being a bit unfair and (with respect) misunderstanding the big agency world.

If you’re a dedicated PPC agency and you run a campaign for company X and you’re judged on ROI. Let’s say the ROI is 167% and the client is happy as hell. Are you going to submit that for an award? No. Because your agreement with the client doesn’t cover it and the client doesn’t want everyone to work out their ROI, conversion rate and so on and so forth.

With the big traditional agencies, awards and accolades are a part of life. You get x award for the fantastic campaign you did for company y. On the award night, they show off the creative and everyone’s happy.

In the search marketing industry we can’t show off our work in the same way as the traditional agency world. Yes, they are fairly clueless, but it’s a different world and they’re coming at our industry from their perspective.



Webanalyticsbook
02/24/07 @ 8:00 am

Yoki, Your statements are totally correct.
If you have a great campaign running you probably wouldn’t want to show it to anybody and get a “searchlight” for it.



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