This is the Future of Advertising

March 13, 2013

Wharton School (the business school at the University of Pennsylvania) runs the Wharton Future of  Advertising Program. The mission of this program is to “Act as a catalyst for deeper insights, bolder innovation, and broader positive impact of advertising.” Under this umbrella, they’ve recently launched Advertising 2020 in a bid to source “Knowledge for Action” to address the key challenges facing the future of the advertising industry.

This global endeavor invited over 150 expert contributors from all fields to share their insights on what could or should advertising look like in 2020. The program stimulates conversations and debates, producing a set of concrete actions which will help advertising achieve its potential.

Oliver Deighton, our Vice President of Marketing and former Product Marketing Manager for Google’s advertising business, has joined the other invited international innovators, visionaries and thought leaders to share his perspective on a future of advertising. Dubbed ‘The Link Economy’ Oliver articulates a future reliant on a fundamental underpinning of the Internet, the very ‘H’ of HTTP, and sophisticated personalised optimization algorithms to maximise value for all involved. You can see Oliver’s concise contribution here and offer your own comments.

To read the other insightful and compelling perspectives and add your voice to the future of advertising debate visit the platform now at http://wfoa.wharton.upenn.edu/ad2020/

Posted by Lucy Bartlett, Marketing Manager

 

Blogs Drive Purchase Intent

March 12, 2013

We knew it. You knew it. Now here’s the proof.

Last week a new report published by Technorati, the 2013 Digital Influence Report, showed that blogs are more likely to influence consumer purchase behavior that any other independent online media. More than Twitter, Facebook, even online magazines, consumers reported that blogs ranked behind only the retail and brand sites themselves. Consumers continue to rate blogs one of the most overall trustworthy sources of information on the internet.


The report pointed out that ‘brands spending is not fully aligned with how and where consumers are seeing value and being influenced’. Despite this, bloggers reported that e-commerce and affiliate links were the most acceptable forms of monetization.


Consumers value bloggers to guide their the purchase decisions and as a source of inspiration and clarity, cutting through the noise. Bloggers want to get compensated for this by using monetization methods that connect them directly to the purchase decisions they shape. We have said this all along and have created the tools to capture your value.

The Truth Behind SEO and Paid Links

February 26, 2013

Recently, another storm blew up around SEO, advertorials, and links. At the center of the storm were Google and Interflora, a popular UK-based flower retailer. In an effort to promote themselves in the run up to Valentine’s Day, Interflora sent bouquets to bloggers. The idea was simple: send bloggers flowers, bloggers blog about flowers, readers like, click and buy. Seems like a good marketing plan, no?

Not quite. Google decided the flowers were intended to boost PageRank and consequently annihilated Interflora’s search ranking.

Exchanging flowers for links is tantamount to buying links and Google has a long-standing policy against paid links that masquerade as “organic” links. I emphasize ”masquerade” because that part is all too often forgotten. Paid links are fine; Google earns a few billion dollars every month from paid links. The issue hinges on trying to pass paid links for natural links.

Was that really Interflora’s goal? I don’t know. What I do know is that their reaction was to call all the bloggers who got flowers and ask them to take the links down in an attempt to salvage their reputation with Google. That was the wrong move in my opinion – it’s throwing out the baby with the bathwater.

Interflora could have avoided this situation entirely with one simple snippet of code:

rel="nofollow"

By reminding bloggers to include this simple code in their Interflora links, Google would have rightly ignored the links for purposes of passing PageRank to Interflora and no SEO cliff-of-doom would have transpired. Here’s how it looks in HTML: 

<a href="interflora.co.uk" rel="nofollow">Interflora</a>

Instead of asking bloggers to delete the URLs entirely, Interflora could have simply asked bloggers to add the nofollow, keeping the links up and the clicks (and sales) coming.

Even better would have been to recruit these bloggers into their affiliate program. Google’s Matt Cutts is on record making it clear that the vast majority of affiliate links are handled correctly. This means Google’s PageRank automatically ignores affiliate links, and you don’t need to include a nofollow (though it can’t hurt). With affiliate links handled properly by Google, there’s no risk of penalty.

If asking bloggers to include nofollow in their links or signing them up individually to an affiliate program sounds too arduous, well, I agree. The whole notion of manually tagging paid links is antiquated. After all, that’s exactly the problem VigLink technology solves. And just like every other affiliate link, Google handles our links correctly.

Bloggers who use VigLink avoid these paid link SEO scandals, don’t risk their own search rank or that of their favorite merchants, and never lose another commission rightly earned. As of this writing, VigLink users earn $6 for every sale they drive to Interflora. That beats an SEO cliff of doom any day.

Posted by Oliver Deighton, Vice President, Marketing

 

Need Content-Driven Commerce be So Complicated?

February 5, 2013

Two articles recently hit our radar that speak to the opportunities, but also the challenges, of capturing the real value created by content that drives commerce:

AdWeek dove into the recent efforts of some traditional publishers such as Harper’s Bazaar to drive e-commerce. Meanwhile, eMedia Vitals profiled Dwell’s efforts to move into “contextual commerce.”

In both of these articles, the reporters point to media companies taking some extraordinary steps to connect with shoppers and expand their revenue sources beyond traditional advertising. They cite Thrillist purchasing flash deal site JackThreads “after seeing the enormity of the JackThreads warehouse operation.” They cite Dwell partnering with AhaLife to make a fully “shoppable” magazine using a mobile app complete with augmented reality technology.

These are creative ideas, yes, but they are also remarkably difficult (not to mention expensive) to execute. Should media companies really start taking on merchandise inventory and the real estate to house it? Should magazines look beyond the reader adoption of specific smart-phone apps tied to a single retailer?

As you might have guessed, we think there’s an much easier way to capture the value of contextual commerce at scale: The hyperlink (as monetized by VigLink, of course). From QR codes in print to plain old webpages, the hyperlink is ready and willing to convert the purchase intent created by media into a sale, and a sale into a commission, across thousands of retailers.

 

 

What Does UX Have to do with Monetization?

August 17, 2012

Last week, Mashable posted a video interview with Jesse James Garrett, author of The Elements of User Experience, and a pioneer in the space as it applies to the web.

Garrett points to a trend among technology companies in which they are now starting to invest heavily in developing and improving user experience (UX).  As he sees it, companies have shifted from taking a narrow, tactical approach with graphic designers (buttons, menus, and fonts) to evaluating the entire picture of what makes a truly beautiful experience. Where UX was once a check box on the long list of tasks to complete a project, it has now evolved into an essential part of product strategy, and, for some businesses, a key driver of success.

When working with publishers, we often find them struggling to balance user experience with monetization. Distracting, irrelevant display ads could actually turn readers away, undermining the entire business. Yet monetization doesn’t have to compromise user experience. There is no foregone trade-off between readers and revenue. For example, limiting the number of ad placements while holding them to a strict measure of relevance and quality can help retain readers and maximize ad engagement.  Of course, VigLink is a tasteful solution to monetization that respects user experience. By affiliating links within your content, VigLink doesn’t rely on the traditional tricks of distraction or interruption. By integrating a monetization solution into actual content (vs the white space around content) publishers can avoid the pitfalls of banner blindness, enhance the user experience, and still earn revenue.

For some, user experience is at the heart of how they run their company. For others, it’s a philosophy that drives the smaller, tactical decisions (such as monetization). Garrett’s interview got us thinking about how we incorporate user experience into our business. As you think about the same for your business, consider the old Google mantra – “focus on the user, and all else will follow.”

Whitney, VigLink Marketing Communications Manager

VigLink’s Principal Data Scientist Selected to Present at the Association for Computational Linguistics (ACL-2012)’s TextGraph Conference Workshop

June 27, 2012

The Association for Computational Linguistics will be hosting their 50th Annual Meeting in Jeju Island, Korea July 8th  - July 14th and we are pleased to share that VigLink’s Principal Data Scientist, Gabor Melli, will be presenting his recent paper entitled Identifying Untyped Relation Mentions in a Corpus Given an Ontology.

We are particularly excited because it is based on the research he has continued here at VigLink over the last nine months that has allowed us to continue to refine our link insertion solution and earn each of you more revenue each month.

Below is an overview of the paper his presentation will be based on.

The paper proposes a semi-supervised machine learning-based algorithm to the task of identifying relations between concepts that are stated in a document (such as a webpage). Knowing what is likely related to what in a document can for example help us at VigLink to know which product mentions refer to the same product (their coreference chains). Our approach is to leverage information found drawn from a well-organized database of concepts (an ontology) to heuristically create a labeled dataset (i.e. a semi-supervised approach) that can be used to train a statistical model. Finally, we demonstrated the effectiveness of the algorithm on a publicly available benchmark task.

If you’ll be attending, you can catch Gabor’s session on Thursday July 12th as part of the TextGraphs workshop.

VigLink Announces Double the Merchant Coverage. vBulletin Unveils vB5 Connect. Chooses VigLink for Content Monetization. ForumCon 2012 is a Wrap.

June 13, 2012

Ten sessions, three ground breaking product announcements, twenty-five speakers, two-hundred attendees, hundreds of cups of coffee (and hundreds of cocktails) later, ForumCon 2012 is a wrap.

We’ll be sharing all the pictures, presentations and interviews from the event with you in the next couple of days, but didn’t want to wait any longer to share the three pieces of news that came out of ForumCon: vBulletin premiered their first product release in 2+ years, selected VigLink exclusively for content monetization, and we announced that our merchant coverage is now double that of any competitor. We now monetize traffic to 30,000+ merchants!

Here’s the blow-by-blow of how each of the announcements went down.

vBulletin 5 Connect Makes its World Debut

The morning kicked off a little bit early with a special event for both press and attendees: the unveiling of vBulletin 5 Connect.

While a press release with a few key details went out on the wire just as John McGanty, General Manager of Internet Brands took to the stage, the audience was certainly anxious for a more detailed overview. John’s preview definitely delivered, and we saw what vB5 Connect had to offer:

  • Sleek new UI with extensive social integration
  • Category-leading mobile optimization
  • Simplified site set up, customization and management
  • New core architecture for improved search, better performance and easier modifications
  • Dynamic tools for content discovery
  • Expanded photo and video sharing capabilities

In total, there are 125 new features and enhancements in vBulletin 5 Connect.  And the audience was buzzing throughout the rest of the day about which they were most excited for:


vBulletin Chooses VigLink for Content Monetization

One of the enhancements available in vB5 Connect is VigLink content monetization available out-of-the-box. With the upcoming release, vBulletin will be replacing its previous content monetization solution with VigLink.

Bambi Francisco of Vator News chatted with both John McGanty of Internet Brands and Oliver Roup, our Founder & CEO, on Monday evening and shared details on the partnership early Tuesday morning in the lead up to the formal announcement.

And after the dust had settled, Murray Newlands, an advisor to VigLink and correspondent for Performance Marketing Insider caught up with Joe Rosenblum, CTO for Internet Brands, for his thoughts on the newly announced partnership (check it out below).

We’ll be sharing more detail on the partnership as the vB5 release date nears, but are happy to announce now that we’ll be offering both current and new VigLink users a 5% revenue bonus when they upgrade to vB5 (more detail in Oliver’s full presentation at the bottom of this post).

VigLink Announces Double the Merchant Coverage

After vBulletin’s press session wrapped, Oliver formally kicked off the day with a few ForumCon updates, and also a pretty big announcement: VigLink now monetizes traffic to over 30,000 merchant sites.

Over the last six months, we’ve been hard at work forging a set of relationships that not only represent double the merchant coverage of any competitor, but will also deliver higher payouts for our publishers than any other entity can.

The end result: using VigLink is easier than ever (thanks to partnerships like that of vBulletin) and we’re not only earning you more than ever, but more than anyone else.

If you’re interested, you can check out Oliver’s full presentation below. And be on the lookout for full video and the rest of the presentation decks very soon!

The Best is Yet to Come

The section title here is a homage to our concluding panel of the day, focused on the future of forums (video to come!). The VigLink team had such a great time spending the day with so many of our users, partners, and other industry leaders yesterday — and we are beyond excited for next year. The best, really is, yet to come.

Hyperlinks are Dumb and Bleeding Money; How to Ensure Yours Aren’t

May 21, 2012

The article below originally appeared on TechCrunch as a guest post by Oliver Roup, VigLink Founder & CEO. 

When an email hits our inbox, we know not only who it’s from but their entire web imprint. LinkedIn canpoint out the profile of the woman you interviewed for a sales role last week and the gentleman you spoke with earlier in the year at a conference.

And rest assured that the dining room set you checked out over the weekend at CrateAndBarrel.com will haunt your online experience for the forseeable future.

Data — its collection and manipulation at scale — has revolutionized how we interact online. Homepages, banner advertisements and what we see in our Facebook timeline are all tailored-to-fit the reader, and we don’t give it a second thought.

But the hyperlink, the key feature that distinguishes hypertext from text has remained largely unchanged since Sir Tim Berners-Lee invented the web.

Websites generally, and search and online advertising specifically, would be barely recognizable today by their younger selves. But hyperlinks — their structure, how they’re authored and how we use and track them — have barely changed in 20 years. Consider:

  • Inserting links by hand is a labor intensive process and has few tools. How about a recommendation engine to augment our own efforts? (Note: companies like Zemanta are a first step in this direction.)
  • If a link is never clicked (i.e. 0% of the world finds it useful), why does it remain in content, distracting from meaningful / useful links indefinitely?
  • Keywords in referrer logs have been mined to great effect by companies like BlueKai. (Although Google is slowly but surely taking that information away.) Isn’t where a user clicked out to just as informative? Why are we almost always ignoring it?
  • Why do website visitors in Asia see links to online merchants in North America they are unable to purchase from, let alone access?

Hyperlinks, in many ways, are dumb. And as a result, harming your user experience and potentially bleeding money from your company — when they could be a tool for better engagement, increased revenue, and deeper analytics.

Now, there are a cluster of companies innovating by recognizing the power of the link — OmnitureVibrant Media and Yieldbot, to name a few. But, this isn’t a problem companies can hold off on thinking about until the perfect tech pops up to solve it. There was a time when SEO was considered a “pro-tip” — a way for startups to get ahead of the game. Today, it’s standard best practice — and companies that don’t think strategically about the way search engines view their sites are at a strong disadvantage.

Hyperlink optimization is similar. While link optimization might be a “pro-tip” now, it won’t be for much longer. Companies that aren’t thinking strategically about link placement, closely tracking results, and taking subsequent action, will find the companies that ARE doing these things at an advantage.

The most critical areas to spend time on are tracking outbound hyperlinks, building a linking strategy, and refining it based on results. Let’s briefly dive into each.

Track your Outbound Hyperlinks

The first step to optimizing a site’s outbound traffic is to understand what that traffic looks like. Where do visitors go when they leave your site? What do they do on those other sites?

While there is still a lot of room for growth within the outbound analytics space, Omniture (paid) and Google Analytics (free — but requires a modification to the standard Analytics code you add to your site) both offer tools to help you understand what happens when a reader leaves your site. VigLink (disclosure: I am the CEO there) also offers an outbound analytics suite as part of its content monetization solution.

Build a Hyperlinking Strategy

What do you want your outbound hyperlinks to do for you?

Do you want them to earn you revenue? Do you want them to serve an SEO purpose? Be purely informational? Should they be scarce (keeping readers on your site)? Or abundant (allowing readers to exit as it is helpful)?

Once you’ve answered these questions, you’ll have a plan for when your team includes a hyperlink, and when it does not — opening up opportunities for a better reader experience, and deeper engagement.

Refine, Refine, Refine

Combine a plan with data to track that plan’s performance and you’ve got a gold mine on your hands.  Notice a link that is never clicked and your plan requires that links must be useful to readers? Take it out. Or, a heavy percentage of links pointing to non-eCommerce properties, and your goal is monetization? Incorporate fewer links to those non-commercial sites. Refining your hyperlinks will improve reader engagement and overall site performance.

Do It, and Make the Web Better

Hyperlinks should make the web better — more connected, easier to navigate, and intelligent. Hyperlinks should make your site better — more actionable, insightful and profitable.

Today, hyperlinks are falling short. They’re static and largely untracked. Sometimes useful — but often not. As the web becomes ever more crowded, and an organization’s site optimization toolkit begins to produce diminishing returns, the hyperlink is obvious low hanging fruit.

What that means to site owners:

  • It’s time to plug the outbound data leak. Implement a tool today that will track your outbound traffic.
  • Choose a hyperlinking strategy and share it with your team. This is at least as much a human problem as a technology one – deciding what you want is always the first step.
  • Be on the lookout for technology that addresses these issues. There are already solutions to track your outbound clicks and the value they deliver but 2012 is going to be the year the hyperlink gets smart.

Illinois Affiliate Nexus Tax is No More

April 27, 2012

Thirteen months ago Illinois state governor Pat Quinn signed into law an affiliate nexus tax that forced 9,000 affiliate marketers either out of the state of Illinois, or out of a significant portion of their affiliate marketing revenue.  Shortly thereafter the Performance Marketing Association (PMA) filed suit against the state of Illinois challenging the constitutionality of the law.

We’re pleased to report that this past week a judge ruled in favor of the PMA — ruling the law unconstitutional and taking it offline.

You might recall that at the time the law passed we had offices in Chicago, which we chose to close as a result of the law.  We’re pleased today that so many affiliates that were unable to leave the state will be able to get back to business as usual — but more so, hopeful that this will push us closer towards a Federal solution that would address the issue of affiliate nexus tax laws nationwide.

Check out the full story here or via the video below, courtesy of ABC News.

Murray Newlands on the Evolution of Brand Trust, Social Media, and Enagement [Interview with Forbes]

April 24, 2012

Murray Newlands, advisor to VigLink, was interviewed by Forbes contributor Sarah Austin this past week and they discussed some of the key ways social media has revolutionized the way brands build and keep consumers’ trust and how brands can leverage social media to build stronger engagement. Check out the video in its entirety below and the full article here.