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Thursday, August 23, 2007
Corporate Alumni Social Networking Groups
Recently I was invited to join an alumni networking group - but this time it wasn’t an invitation from my alma mater, Duke University. It was from my ex-employer, IBM. IBM’s venture into employee alumni networking got its start in Europe, and is now making its way across the Big Pond to America. IBM is one of a small, but growing, group of corporations who are beginning to look at resources beyond their current employees in a deliberate and structured way.
I’ve been very intrigued with this new group ever since I joined several weeks ago. It started me thinking about some core issues: For instance, what is the value of an employee alumni networking group to the corporation that creates it? And, what is the network’s value to the ex-employees who join it?
For a corporation, the value is
- Tap into a larger creative pool of talent for ideas.
- Larger test audience for proposed initiatives before they go generally public.
- Given that the average employement time is shrinking, IBM can keep close to a pool of trained people for staffing up during times of need.
- Make it more likely that current employees can find mentors without an internal agenda.
From an ex-employee standpoint, I can think of several potentially big benefits of being a member:
- Access to the significant corporate resources that were once available to me as an employee
- Connections to other ex-employees with whom I feel a real camaraderie
- Endless opportunities for doing business with other ex-employees regionally, nationally, or globally.
- Involvement in initiatives of mutual interest such as community projects with other ex-employees, non-profits, and socially responsible people
- Knowledge of IBM’s open contracts for vendors
As a Search Engine Marketing specialist on the cutting edge of a burgeoning industry, I also realize that I will be able to easily connect with fellow ex-IBMers who need help and guidance to develop a Search Engine Marketing strategy for their own companies.
In the short time I’ve been a member, I have already been approached with two business offerings - an investment opportunity and a European partnership offer. It doesn’t take long to see how these networking groups can be a dynamic conduit for successful business dealings that would seldom have happened outside of the group.
If you are a member of a corporate alumni network, I’d love to hear your thoughts and experiences, too. In future blogs, I will come back to this subject and talk about the "Social Networking Aspects of Corporate Alumni Groups."
posted by joseph mcelroy @ 11:10 AM
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Wednesday, August 15, 2007
About the Change
Ok. I have to have fun with this blog or I will never get serious about it. Does that make sense? Here is how it is going to work. I am going to write off-the-cuff posts like this, generally give you a stream of consciousness thoughts-of-the-day or new ideas or jokes or whatever. Like for example, the change of the blog name into something fun and writing this post itself represent a new tactic I am executing. To attract visitors by being more approachable and funny. But still demonstrating my expertise, as there will be weekly (or more often) posts of a more formal nature like the one below. To get those posts, I have a weekly think tank session with Francesca Yates over at FreeLanceWriters.us who pushes and prods me into spilling out some words of wisdom which she then translates into something legible. I hope this all works.
posted by joseph mcelroy @ 6:51 PM
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Long-tail Keywords
The assault is on. You have your list of premium keywords for your industry – the ones that literally make your mouth water. You’ve optimized for them organically and you are banking your PPC campaign on them, too. These perfect keywords are not going to come to you without a fight; there’s just too much competition, but, what else can you do? Grab it by the Long Tail. While others are participating in a virtual feeding frenzy over the most coveted keywords, I always advise my clients to expand their marketing using “Long Tail” thinking. This concept, first introduced by Chris Anderson in Wired magazine in 2004, describes how the Internet has made it possible for a company to generate as many sales from “fringe” products that aren’t bestsellers as they do from their bestsellers. These sales come in over a longer period of time (hence the term “long tail”), but can eventually equal half of the total company sales. The Internet makes it possible for a company to have limitless virtual shelf space, whereas a brick-and-mortar business would end up telling the customer, “I’m sorry. We don’t stock that item.” How do es “Long Tail” apply to your keywords? Many SEM companies focus exclusively on tracking 10 to 20 top keywords, thinking that 80% of their clients’ sales will come from them; but a closer look at actual site analytics paints a different picture. Site analytics shows traffic for the most used keywords first and filters down to the least used ones. There is always a dramatic drop in traffic between the high numbers for the optimized keywords and all the other keywords. These “lesser” or “long-tail” keywords, often hundreds of them, form a long list of search terms visitors regularly use that goes unnoticed and untracked. They slip in quietly under the radar – a few visits per keyword every day – drip…drip…drip. When you add them up, this group of overlooked keywords can actually be responsible for as much as 80% of your clients’ sales. Track your long-tail keywords. Start tracking your long-tail keywords’ connection to actual sales. The results will be eye-opening. You will uncover key search terms of untapped, niche markets that you can begin to optimize and easily dominate. Use these overlooked keywords to expand your thinking about your overall marketing. It can revolutionize your business and your SEM results for your clients.
posted by joseph mcelroy @ 5:42 PM
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PodCamp Boston 2 is October 26 - 28, 2007!
PodCamp Boston 2, the New Media Community UnConference, will be at the Boston Convention and Expo Center October 26 - 28, 2007. If you're a blogger, podcaster, social networker, or new media enthusiast, register for FREE at PodCampBoston.org.
read more | digg story
posted by joseph mcelroy @ 5:21 PM
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Tuesday, August 07, 2007
What is your SEO strategy missing with “one-way thinking”?
Many people in the SEM (Search Engine Marketing) business have gotten very good at implementing vertical marketing strategies for their clients. They know how to drill down and grab every keyword configuration uncovered by their keyword research. Even with all of their research, their organic optimization methods and their paid search techniques, it can still be difficult, if not impossible, to crack the ranks of the most used keywords because the competition is doing exactly what they are doing. For you, the business owner or corporation looking to expand its online market, it’s time to get out of that one-way, vertical mode of thinking about SEO and expand your horizons with a complementary strategy that can eventually double the results of any vertical SEO strategy. I’m talking about “Lateral Thinking.” Here’s how it can dramatically enhance results for your web properties: Example: You have a web property which sells Opera CDs. So far, as a result of your vertical marketing mindset, you’ve concentrated on keywords connected to specific opera singers, opera titles and composers of operas. Unfortunately, every other SEM effort for selling opera CD’s is taking a similar approach. Look what happens when you add “Lateral Thinking” to your strategy. Lateral thinking looks more closely at the whole person who buys opera CDs. Who are they? What does their lifestyle community look like? If they buy opera CDs, what else would they tend to buy? How about tickets to the opera, books and movies on opera, books on Italy and the world-famous La Scala Opera House, opera collectibles and memorabilia, vacations to Italy, subscriptions to National Public Radio …and the list goes on. Once you look more closely at the buyer’s lifestyle, instead of just one specific purchase, you can begin optimizing for these much less competitive keywords. The added bonus: even paid search utilizing these lateral search terms will cost far less and will generate just as much revenue over a longer period of time. Then watch how your web properties traffic begins to rise.
posted by joseph mcelroy @ 10:44 AM
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