Peaceful Co-existance: 6 Reasons to Love Google

I tend to be somewhat cynical toward Google because I generally do not trust authorities and they CAN and DO kill many web based businesses that are too reliant on search. But to offset such posts I figured it would be cool to do a counter post on reasons to love Google

They pushed search. Back when search was unprofitable they believed in making it better rather than being at least 80% as good as the next portal. Search was eventually going to become big no matter what, but they largely are who pushed it becoming so big so fast. And search makes marketing more efficient because users feel they are in control when they search for information, even if in doing so they find your advertisements & offers. A search driven marketing strategy also allows you to build relationships by people finding you while looking for topics you published content on. This enables genuinely useful sites to bolt on services for sales without needing to worry about having to get as much value out of each person as a hyped up salesman because the website with real utility will typically reach far more people.

In time Google may become more self-serving with their search result biases, but for now they still do not have a paid inclusion program and they are nowhere near as self-serving as some competing companies like Yahoo! are.

They make SEO somewhat challenging. About a month ago a friend of mine launched a site and ranked it in the top 3 for some money keywords in Bing. Unless you are the U.S. government you typically can’t do that in Google. The complexity of SEO presents a barrier to entry to new market participants, but once you are already established that barrier to entry helps protect your profit margins. And if you sell SEO products and services you know that there is going to be a market in need for a long long time.

In 2003 when I started SEO I was broke, in debt, new to marketing, unemployed, and within 6 months of opening Dreamweaver (to create a rant site rather than a marketing site!) I ranked in the top 10 for keywords like search engine marketing. I believe similar things are possible today with sweat equity, but the time delay is typically much longer and/or you need to operate at a much higher level than the stuff I did back then. In a way, this barrier to entry causes a lot of the worst parts of the web to disappear because it requires more commitment and/or investment to compete.

AdWords = instant market feedback. AdWords allows you to test a business model idea before building the business. And it gives you instant feedback from relevant market channels that you may not be reaching. It is one of the cleanest distribution channels with one of the smallest overlaps with other marketing channels:

Consumers who buy after clicking a competitive (non brand) paid search ad are the least likely to have been to the site previously through a different channel. In our research, only 10 to 20% of buyers who touched a PPC ad last came through any other channel previously. Compare this to affiliate traffic, where 60 – 75% of buyers came through another channel first.

Once you can convert cold leads from search it is much easier to convert warmer leads that are recommended via word of mouth marketing, affiliate arrangements, and other editorial & marketing channels.

Google furthers the value of this channel by baking a/b split testing directly into AdWords, creating valuable tools like their Website Optimizer, making their Analytics tool (somewhat) free, and even putting free conversion optimization presentations online:

AdSense offers a fast and easy baseline revenue stream. Many years ago advertisers had a big advantage over smaller publishers due to asymmetric information. While contextual ad networks have depressed the CPM rates of many large bloated “premium” publishers, they have also gave smaller publishers the ability to easily, quickly, and automatically test monetization potential. From that baseline publishers can look to improve the model by…

  • using custom AdSense channels and/or tying AdSense into Google Analytics to get more data to learn what sections of their site earn more
  • use that data to work on optimizing + promoting high earning content and/or creating more content covering similar themes
    advertising similar offers that are advertised on their site

Vastly improving productivity. Like search, email was a vast wasteland of non-innovation (at least amongst the mainstream providers) until Gmail came out. They made it larger, faster, and more convenient. And they made obvious improvements (like adding search to email). A lot of my productivity that I take for granted comes from features in Gmail. Without Gmail evolving email I doubt I would be able to service nearly 1,000 customers while also having time to do marketing, work on building other sites, spend time reading, and have a bit of time for playing and working out.

Their document collaboration is great, and the recent addition of forms (that you can embed into pages for free) is killer.

A Free MBA Marketing Course. If you follow Google, know where they are moving, and understand the intent behind many of their moves it is better than any marketing course you could take.

Some recent examples.

  1. Appealing to geeks by using Tri Force in their logos.
  2. Making it easy to insert a directions widget directly into web pages. (And then being smart enough to market it directly to commerce webmasters through existing channels).
  3. Marketing their maps offline by creating pointers of favorite locations of celebrities. This is perfect marketing because the recurring cost is $0, and it spreads virally by promoting the egos of well known people, and makes other businesses look more credible. Win win win.
  4. Marketing to young people + making their software suite a default by giving it away to schools: “For more than two years, Google has approached colleges and universities with a near-unbeatable offer: provide unlimited hosted e-mail and other applications, all branded by the institution and delivered free of charge.”
  5. Striking deals with people who influence large audiences.

And what is more remarkable about the above 5 points is that all of them are reasons to talk about Google and they are things that were mentioned just from this past week. There is a reason to talk about Google every day, even if it seems like some of us publishers are becoming broken records in doing so.

Hating Google in context. I do disagree with many of their policies, but I think a lot of blame goes toward Google when market forces commodize existing business models. But they are just another market force pushing the evolution of media. That means they will commoditize a lot of businesses and business models. When it is done hypocritically (I could write another post on this topic!) I think it is fine to complain, but it is typically more profitable to keep evolving your business model to make it keep adding value and make it less reliant on search.

And the less reliant you are on search the more reliant search becomes on your content. If you keep adding value every day then your business is not likely to see any risks with search traffic. If you were more like Google (to where people had new reasons to talk about you every day) you wouldn’t need search traffic to build a sustainable business.

More: continued here

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