Terry Corbell, The Biz Coach
By Terry Corbell
Business Consultant

Are You Up-to-date to Capitalize on Major Web Events?



Major players Internet players — such as Bing, Yahoo, Facebook and Google — continue to innovate to disrupt the progress of each other.

As a marketer or businessperson, are you positioned to capitalize? Consider:

Google

Because it’s the longtime mega search-engine leader, let’s consider Google first. Depending on which research firm you prefer, Google has about a 66 percent search market share. So whatever innovations it makes, it’s important.

ID-100301078 adamrGoogle has made major changes in how it ranks search results probably because it’s been under siege — manipulated by certain Web sites it lists. Google detailed its reasoning for best Web site rankings.

The vaunted Google algorithms – its tools that determine how it ranks Web sites – have been fine-tuned to reward publishers of original content, especially in-depth thought leadership. Here’s a strategic primer for a No.1 rated blog.

Google says it involves about 12 percent of search queries. That might not sound like a lot, but 12 percent of more than 190 million bloggers in search queries is meaningful.

Google also considers search engine optimization practices.

You might recall numerous recent news stories: JC Penney, for example. The 2010 $17.8 billion retailer was chastised for dubious Internet practices. The retailer denied it approved spam-like behavior by its search-engine optimization company, SearchDex. But right after the story broke, SearchDex was fired.

Indeed, it must have been an eye-opener to Google to be labeled as the “tropical paradise for spammers and marketers” by a U.C. Berkeley scholar, Vivek Wadhwa. Hence, its algorithms upgrade.

Another search development: The Google Chrome Web browser now permits sites to prevent other sites from appearing in their results. (Its competitor, Blekko, does the same.) Google continues to prevent Web sites that have little or no unique value to dominate in search results.

Google is to be commended for dealing with a crisis confronting its quality of relevant search and its image, and placing a premium on frequent, strong informative content.)

Bing – social search

Bing grew to a 16-percent market share in February 2011, but has stayed in that position. It’s created new buzz by adding Facebook “likes” that allows Internet users to see the results that their friends like.

Here’s how it works: Pictures of your friends appear when you search after you connect with Bing with your Facebook account. You can disable it easily if you choose.

The Bing-Facebook partnership is unique and it affects word-mouth-marketing – as their users — businesspeople and consumers make buying decisions. This helps to make marketing fun.

It’s also a reminder that content, search-engine optimization and social media should be synergized and orchestrated in your overall marketing:

  1. Monitoring Internet-user preferences
  2. Interacting with them to maximize your opportunities
  3. Continually measuring results
  4. Fine-tuning your approach

What else is important about creating buzz with social media? Marketers, senior managers, business owners, and consultants crave it for revenue. Career-minded individuals engaged in self-promotion also want it. Another term for buzz is the “salesperson effect.”

Now we know how ideas are spread, what messages go viral on social media, and how to predict it from UCLA psychologists who explained what triggers people to share on social media.

With Bing and Yahoo’s advertising partnership in which the latter uses Bing’s search technology, the Bing-Yahoo online search partnership amounts to a 30 percent market of Internet search. If you haven’t already, here’s how to optimize for Bing.

Yahoo

Yahoo has been trying, but hasn’t been able to move the needle. Once the big dog among search engines, it’s suffered from bad senior management. You say could not seriously discuss leadership and former CEO Carol Bartz in the same sentence.

But Yahoo has since experienced success in its business and management. Despite the hysteria over Yahoo CEO Marissa Mayer’s telecommuting ban, her decision is a positive example for other companies needing a turnaround. Yahoo’s telecommuting ban is a model for struggling companies.

During the 2012 presidential campaign, Yahoo showed good management judgment in firing its biased news manager.

So don’t be surprised if Yahoo can figure out how to move the needle. Meantime, you can still capitalize on Yahoo and the fierce competition among the search giants, which means good things for businesses and consumers. So stay current.

From the Coach’s Corner, here are editor’s picks for recommended reading:

Tech Drama: How Microsoft-Yahoo Can Beat Google — Here are the critical factors that will determine whether the proposed Microsoft-Yahoo merger will succeed vs. Google.

Enterprise Software: Google-Microsoft Battle Turns White Hot — Google has blatantly thrown down the gauntlet. The enterprise-software war is raging as Google has declared war on Microsoft. Both tech giants want your business.

Marketing – Why Visual Content Works on Facebook, but Hashtags Don’t — Ninety-eight percent of top brands have a Facebook fan page, but Facebook’s hashtags don’t enhance engagement with consumers.

“Competition is the keen cutting edge of business, always shaving away at costs.”

-Henry Ford 

 __________

Author Terry Corbell has written innumerable online business-enhancement articles, and is also a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.

Photo courtesy of adamr at www.freedigitalphotos.net

Seattle business consultant Terry Corbell provides high-performance management services and strategies.