Business Card Tag Thing

I’m committing the ultimate immortal (yet most unoriginal) sin.

I’m starting a tag virus. Apologies.

But unlike the “5 things you didn’t know about me and won’t ever really remember” meme, this one is valuable… it’s about business cards.

Here is my business card…

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Well, that’s not really true. I don’t have business cards. I think they are somewhat silly.

I carry around about 250 blank cards at shows and make the cards up on the spot depending on how well I like the person or how goofy they are to me (taken from one of my online heroes, Hugh McLeod). So, if you receive a flattering card from me at Affiliate Summit or in the mail, that’s good. If you receive some ironic poetry with a caustic tale, that’s probably a reflection of how I feel about your strategy or program.

For instance, here’s one I might give to Carsten Cumbrowski

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I respect him.

So, I’m going to tag 3 of you to show your business card on your blog. You know the deal after that… you have to tag 3 others and so on.

So, I tag the following to get this going:

Loxly aka Deborah

Jim Kukral

Shawn Collins

Make it work, because it can be a pretty cool experience for all of us…

AffStat 2007 Available

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I’m a big fan of stats, so I get giddy around this time every year when Shawn Collins releases the annual AffStat report.

This is an industry that is constantly changing, morphing and requires a yearly update in a statistical fashion.

From the AffStat site…

Below are the questions being asked for the AffStat 2007 Report:

  1. How does your program determine commissions?
  2. Does your program have dedicated management (no other duties for affiliate manager)?
  3. How many affiliates do you have?
  4. How many new affiliates do you acquire per month?
  5. How many click-throughs do your affiliates generate per month?
  6. What is the conversion rate for your affiliate program?
  7. What percent of your affiliates are active (defined as having generated at least one click last month)?
  8. What percent of your affiliates earned commission last month?
  9. What percent of the total transactions on your site are generated through affiliates?
  10. Do you approve affiliates automatically or manually?
  11. Which network(s), solution provider(s), or software program(s) do you use to track your affiliate program(s)?
  12. Do you have a blog for your affiliate program?
  13. What was the largest commission you paid to an individual affiliate in one month?
  14. Do you permit your affiliates to bid on your trademark name(s) in pay per click search engines?
  15. What types of rewards and/or incentives do you offer to your affiliates?
  16. What is the biggest challenge in affiliate marketing?
  17. What’s your most effective method for recruiting affiliates?
  18. Which type(s) of data feeds do you provide to affiliates?
  19. Do you provide individual affiliates with exclusive coupons (i.e. coupons in name of affiliate site)?
  20. Do you allow affiliates to promote coupon codes that were not made available through the affiliate program?
  21. Do you manage the affiliate program in-house or are you an outsourced program manager?
  22. What is your annual salary (including incentives and bonsues)? [in-house employees]
  23. Does your salary include incentives and bonuses? [in-house employees]
  24. What is your total monthly compensation for the affiliate program you manage (including percent of transactions if applicable)? [outsourced program managers]
  25. Does your compensation include performance incentives? [outsourced program managers]

Questions 2-21 are broken out by affiliate program type: pay per lead and pay per sale.

2007 is a watershed year of change for affiliate marketing, so if you’re in the dark about any of those topics, I’d recommend checking out the report. We definitely need more (good) analytics in this industry, and you need hard numbers to help make things tangible in your own site, network or affiliate program.

Now if Shawn would only update his book evey once in a while…

Phases and Stages: Measuring the Echo Chamber

I know Alexa is seriously flawed, but every month or so I like to check the ratings for CostPerNews to see what sort of general trends have developed in relation to other blogs in this niche.

Alexaholic is a great tool for this, of course.

In this comparison, I used the self described “community blog” ReveNews, Linda’s 5 Star Affiliate Marketing Blog, Shawn’s AffiliateTip, and Scott’s Jangro.com along with CostPerNews.

Lots of jagged lines and pretty colors, but there were a few interesting trends that we should take note of. For instance, here’s the two year reach graph…

screenshot-website-statistics-and-traffic-graphs-comparing-costpernewscom-affiliate-blogs5staraffiliateprogramscom-jangrocom-affiliatetipcom-and-revenewscom-firefox.png

The general trend had been upwards for 5Star, AffiliateTip and ReveNews over 2005 and into 2006, with June/July of 2006 being a nice peak for everyone, especially ReveNews. However, since then there has seemed to be a steady plateau for those blogs.

Jangro’s blog (along with Jeff Molander’s ThoughtShapers.com which I didn’t include) and CPN have also found a steady position of increase since July and are approaching the big 3 listed above. Then there are the newsletters such as my old stomping ground, the Digital Moses Confidential (Hagai has definitely figured out how to get the networks to advertise!).

CostPerNews officially launched on November 1, so I’ve been happy with the growth of the community, comments and maturity of my thought processing (blogging 4-5 times a day about online and affiliate marketing ain’t that easy, folks) in just a couple of months.

However, what do all these stats mean? Can you really quantify a blog’s impact on a community based on numbers? Is CostPerNews comparable to ReveNews? No… and to use a silly metric such as reach, rank or page view to try to compare any of these blogs with each other is just silly.

That’s easy to say, but when I’m trying to justify the time and energy put into this blog, saying page views and impressions don’t matter still doesn’t pay the bills (which looks like a rumbling Mt. Vesuvius on the kitchen counter).

So, when I’m meeting with potential sponsors or on the phone with merchants interested in possibly figuring out an advertising deal, how should I respond to the page view question? Normally, my response to such a question is:

“Well, if you have to ask that question, you probably don’t want to advertise on CostPerNews.”

Then we trade niceties and hang up.

These are also the same potential advertisers who ask questions such as:

  • “So, what kind of stuff do you cover on the blog?”
  • “Do you cover CPA Networks?”
  • “Are you going to Vegas, dude?”
  • “Can you do a post about our new programs if we sponsor you?”
  • “Could you put a few affiliate links in the posts?”
  • “So what’s the difference between your blog and advertising in Revenue Magazine?”
  • “Can we preview your posts before you put them up so that our legal can approve them?”
  • “Can we do a pay per post arrangement?”
  • “What do you think is the future of affiliate marketing?”

Those are actual questions I’ve gotten in the last few weeks from potential advertisers who have contacted me. I keep a notebook for the good ones.

So, my point is that you can’t measure blogs with things such as page views or ranks. Especially in a niche industry. Read the Long Tail people… it’s a good quick read. If you are thinking about advertising here, please please please at least read the blog (or at least a few posts) before contacting me. This is not a splog and I don’t care to dilute the content just to get a few dollars from people who don’t take the time to either click around here or at least google my name.

Take the time to get to know your audiences and take the time to get to know the places where you might be placing your brand.

Interesting times, my friends.

BUMPZee! Goes Live

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The Affiliate Blog List has morphed into BUMPzee! (complete with exclamation point). This all came out of a blog post a few months back.

Scott Jangro, the brains behind the project and nominee for Best Blogger (I can’t wait to see who wins in all of the areas…pretty stacked competition in every category) at this month’s Affiliate Summit in Vegas, writes:

What’s with that name? I decided to go broader than affiliate marketing in the name, though that’s all there is on the site right now. Personally, I belong to a few other communities and I can see the same sort of thing developing, but they wouldn’t mix with the affiliate stuff very well. So, with future growth in mind, I went with a silly web 2.0 type name.

So, affiliate marketers, this is your website. Create an account, spiff up your profile, keep up with industry news, and create your own. Pretty soon, I’m hoping this will be a place to connect with other affiliate marketers all over the world. Personally, in a very short time it’s been responsible for my own meeting of several new people. And that’s pretty cool.

That is pretty cool, Scott.

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This is exactly the type of tool our industry needs to use since we’re not adapting to the notion of RSS on a mass level. Instead, BUMPzee! offers a chance to aggregrate the content from lots of sites, see what others are finding relevant, and communicate in a social atmposphere.

The idea is that there are lots of affiliate marketing blogs to go through. We all have our feed readers, but may miss a really good entry. If you find a blog entry that you like, come here an give it a bump.

Say what you want about web2.0, but this is going to connect people, help people be discovered, allow the cream to rise to the top, and elevate the nature of discourse in the industry.

Great job, Scott. Keep it coming.

Anything YOU Can Do, WE Can Do Better

openmoko.pngThat’s a “we” in the sense of all of us and a “you” in the sense of someone doing something without much help or expectation of help/community from others.

Take the new open source alternative to the iPhone.

Completely open Linux base and you can customize to your hearts delight. No contract, no proprietary code to keep you out (except for the GPS but that’s hackable… and the iPhone doesn’t even have GPS as Scoble has pointed out).

Here’s a chart comparing the iPhone with the OpenMoko

http://www.linuxtogo.org/gowiki/OpenMoko/iPhone

Interesting stuff.

So it has far less memory and no camera. You can add an SD card for up to 2 gigs and the camera… well… yeah, that’s a bummer. But, I’d rather have my soul than a camera on my phone.

I’m buying one, and you should too. Tell Jobs and AT&T where to stick their DRM. Stand up for your right to own what’s yours.

Who wants to help me build an open source CPA network?

I’m starting tomorrow. Let me know if you’re interested.

Yes, I’m dead serious!

Other networks, affiliates, merchants, tech guys, Firefox programmers, Linux programmers, consultants, Partner Makers, Affiliate Things, speakers of Porter-ese, guys with guylights and even SEO’ers are welcome to join the construction crew. Completely open source code and transparency from top to bottom. You can even take the code and start our own flavor of network.

It’s going to change the world (or at least what we’ve thought of as “affiliate marketing“) … why wouldn’t you want to help? Life’s too short not to dream big and work for good. This is the ultimate form of that good for our industry.

Open it up, distrubute the tools, encourage the debate and the mashing of teeth and watch the spirit of human ingenuity do the rest. Maybe I’m a dreamer, but I’m not the only one. So are you!

How NOT to Make Money in Affiliate Marketing

money.jpg1) Court only large publishers, affiliates and partners who can drive demand and make you “the big bucks.”

2) Have “brand loyalty” to one particular network based on their payout structure and refuse to work with anyone else.

3) Ignore CJ, Zanox, ShareASale, Linkshare because you work in “the performance marketing side of things” and don’t care to sift through all the ads in those places.

4) Ignore Azoogle, Market Leverage, AdDrive, XY7, Hydra, or RocketProfits because they “work with spammers and emailers.”

5) Trade in your morals and ethics (and those are relative, of course) in exchange for short term profit. You’ll wreck your program, network or affiliate site if you do.

6) Don’t read blogs, listen to podcasts, read books or think deep thoughts because you are interested in “practical” tips rather than theoretical ones.

7) Read an e-book by a self-professed expert, think “I can do that too!” and set up an affiliate link farm to rake in the AdSense dollars.

8) Go to bed at 11pm and not wonder how your program, network, site or affiliate link did that day in terms fo revenue, reach and relevancy.

9) Tell people you work in affiliate marketing because you like to work from home.

10) Don’t attend conferences, participate on forums such as ABW, WickedFire or AffiliatePrograms, and don’t try to make friends because this is all about the money.

Small Affiliates Make You (More) Money

180px-barium_elektronenbestzung.pngThe thing CJ has done right (and most CPA networks have done wrong) is to provide access, energy and opportunities to the smaller affiliates. These are affiliates who aren’t providing thousands of dollars in sells or leads every month. Instead, they are consistently providing a few hundred dollars every month.

If you include smaller affiliates in your network and offer them the chance to find their niche and provide consistent revenue for themselves and your network, you’ll find the revenues add up quickly.

So, stop attempting to woo just the “super affiliates” or the large publishers. Give the smaller affiliates a chance. Even if they are producing small amounts of money compared to an A List affiliate, there are still a good number of them. A small number multiplied by a large number is still a large number in economics.

So, don’t ignore them in your network or merchant program.

That’s “quantum marketing.”

Affiliate Networks and Scarcity: Supply and Demand (More or Less)

water_molecules_lg.gifThe amount of inventory in ad networks created by publishers and affiliates is too high to sustain any sort of scarcity that could drive cpm prices higher for publishers or affiliates. However, this abundance of inventory creates a viable and incredibly valuable chunk of potential revenue for both the network and the partnering publisher or affiliate.

So, the affiliate marketplace is no longer constrained by a macro supply and demand metric. That is the key problem that many large scale merchants have been grappling with in their attempts to use the affiliate channel with any degree of success.

The limitless digital reservoir of content and inventory located in the existing ad networks will only grow exponentially as the web continues to expand more into our lives and subsumes every channel of offline content. Entertainment (mp3’s and torrented movies) and comparison shopping (Amazon, eBay) have already created a sustainable paradigm shift and every market will undergo these sorts of tectonic movements – and soon.

This includes the marketing market, which seems to be an illogical oxymoron, but in reality is a marketplace just as real as entertainment or shopping. Marketing offline has translated itself online in the form of our metrics (CPA, CPM) and business plans. However, that will change and online marketing (especially affiliate marketing) will begin to create new paradigms and languages which will prove much more profitable and effective for both advertiser and advertisee.

Offline content (whether music, movie, clothes, beer or marketing campaign) was easily proprietary in nature. You could easily set up walled garens to limit access (and distribution) of the “good stuff” to select customers willing to exchange a certain commodity of currency or attention. However, the digital nature of the web transforms that because what was once a tangible product are now digital H20 molecules in a rushing river or digital content (and that river always leads to a vast ocean).

Scarcity placed limits on choices for networks and for affiliates in the traditional economic setup. Now, those limits are rapidly vanishing. Affiliate marketing is in a very good place to help create the marketing equivalent of bittorrent technology.

Quantum Audiences: You Can’t Pin Them Down

numb8page40-2.jpgMarketers discuss the term “audience” a great deal, but what does “audience” really mean? I’d aruge it doesn’t mean anything. It is undefinable and therefore cannot adequately be contained within a box. Audiences are the electrons of online marketing.

Both Jeff and Shawn/Lisa have podcasts that tend to cover similar topics, yet their audiences are different. Zanox and Commission Junction are both affiliate networks with reach in the US and Europe, yet the audiences are different. Market Leverage and Azoogle are both CPA networks, but have different audiences. CPN and ReveNews are both blogs about the world of online and affiliate marketing, yet we have different audiences.

How well do we all know our audiences?

In the blogosphere, we use tools such as MyBlogLog, Google Analytics and Feedburner to find out more about who’s visiting our blogs and where they are coming from. However, those tools don’t tell me much besides quantitative numbers. Numbers are wonderful and can be put together and taken apart in fantastic OpenOffice Spreadsheets (use open source!). But numbers don’t tell me much about the actual visitor. They don’t give me the kind of data that I’d love to have on who you are, what you like, what you don’t like and how I can get you to do something.

So when I write a blog post, am I writing to or for my audience or am I writing to or for myself? When Shawn or Jeff does a podcast, are they doing it for themselves (and their contributors) or are they doing it for the audience. When Market Leverage finds a great new offer from Dreammates, do they help construct the payout structure and creative details to fit their own vision or do they have their network publishers in mind?

How much of an impact should our audiences have upon the nature of our marketing efforts? Think about that before you make a decision. Is playing to your audience a measurable value and an quantifiable metric? Is there a way to measure the value of audience impact over and against your (or your network’s or your affiliate program’s or your podcast’s) own voice?

There’s grand money in a solution like that. Am I trying to build one? Yes. Can you use it? No. It is completely subjective and it’s called intuition. Some marketers have it and some don’t. It’s a skill, but it does require a working knowledge of ajax empathy coding with a little python powered gut feeling. Truly, the singularity is upon us.

The truth (and that’s a relative term as well) is that you can never fully “know” your audience. To know something is to fully understand it. You can describe the basic characteristics of your audience, and you can come close to making a definitive statement about how they behave and how they respond to your offers, podcasts or blog posts… but you should give up on any attempts to “know them.” Your audience is a misty fog that can’t be contained or defined.

Better yet, your audience is like the thousands of stars in the night sky. You can see the stars and point to them, but what you are seeing, pointing to and describing are those stars (or your audience) as they existed in the past. There is a distance between every podcast/network/offer/blog and audience. The stars you see and the audiences you want to reach vary in distance from you, and that distance affects how you perceive both stars and audiences.

The electron is the best example. We can see the trail left by the subatomic particle, but we can never see the electron itself. We know where it might be located (hence quantum theory and the term ‘electron clouds’) but we can’t positively define their location.

Even if you are within touching distance, you’ll never be able to put them under your thumb because what we see, and what we perceive, are always actions from the past.

So, learn to see the trails left by your constellations of quantum audiences. But don’t ever try to define them, and don’t get frustrated when you can’t completely reach them because your audience is constantly changing, and constantly moving. Such is the nature of all things… even affiliates, publishers, listeners and readers.

Relevancy That Keeps You Going

At the hipster coffee shop across the street from the university where I teach (and where I have my “office” for office hours, advisees and pontificating about online marketing), I got the following cup wrapper on my daily cafe mocha this morning…

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Interesting.

It’s an ad for NyQuil and DayQuil from Proctor&Gamble on a coffee cup. I understand advertising such things in heavy rotation during this time of the year (Affiliate Summit will also be Affiliate Flu Summit, I’m sure… that’s why I’m staying out in the desert at night!). I also get the reference of “… Keeps You Going” to caffeine.

However, this must be a branding attempt rather than an advertising attempt. Having a cold and needing NyQuil is not an emotional experience that I share with being at a hipster organic coffee shop. Branding yourself as relevant to the audience of such a coffee shop (where the slogan is “Community in a Cup”) is a smart move, though.

Who you are is partially defined by who you associate with.

The company behind the ad placement is BriteVision.

Who you work with, what offers you run and what networks you are a part of has a great deal of importance to how people perceive your brand.  Short term monetary gains are nice, but you can’t buy a good brand.  Keep that in mind when the payout might be higher and the grass might be greener in a less reputable field. That is especially true in the CPA Network affiliate/publisher bidding wars!

Social Media Will Save Email Marketing

email-data-collection.jpgMy first job in this industry was in the email marketing side of things, so I’m constantly thinking about that sphere and playing with tools to improve its efficiency, relevance and overall karma. Let’s face it… email marketing has a black eye (or two).

However, I still keep in touch with many of my contacts from that side of things, and they are telling me more and more everyday how hot list management and email marketing is becoming again. If you were involved in either of those markets in 2001-2003 (or BCS as some of us call it… “Before Can-Spam“), you know the serious amounts of money that were flowing in from large advertisers and networks and out the other way towards anyone with a few thousand names and emails. That money brought even more blood hungry sharks into an already vulnerable situation and eventually brought the house down.

However, email is coming back in a big way largely due to social media such as RSS, blogs, and emerging media (or “web2.0” for lack of a better term) sites. It’s ironic because RSS was to be the savior of the inbox and cause all of us to re-examine how we consume data. That is true in some circles, but for the vast majority of individuals, RSS is still virtually unknown.

For instance, I get blank looks from the students in my college classes when I mention that they can subscribe to our class blog feed in a reader. They’ve all subscribed to receive updates in their email inboxes (with an alarmingly large number of @hotmail.com and @aol.com addresses for 18 year olds!). GMail and the new Yahoo Mail are helping to change things towards RSS consumption with integration of feeds, but most users of webmail are still on platforms which allow them to function inside the inbox with enough ease and comfort to not be bothered with RSS.

Amazingly, 34% of the over one hundred subscribers to CPN use the FeedBurner email option instead of using the feed inside of a feed reader. So, let’s not expect the general public to hop on the RSS bandwagon while online marketers and thought shapers are still using email subscriptions as well.

Which brings me back to the original point. Email is becoming hot again because spam filters are working, individuals are smarter and email is still highly relevant.

Make your affiliate site or network based on a community based theme, and you’ll see the validity of “email marketing 2.0” On both the backend (data collection and aggregation) and front end (marketing to email addresses), the forecast is sunny.

Comment of the Day: 10 Jan 2007

Every day (depending on the quality), I’ll be posting a “comment of the day.”

Yes, it’s cheesy, but sometimes visitors don’t dig down into the comments here and miss out on some great insight. There’s better content in the comments here than the actual posts, so make sure you’re following those!

Here’s the CPN comments feed (which is just the comments. The full feed is over to your left in the menubar).

And here’s the quote of the day…

2006111614551670_avatar.jpgJeff Doak of Kowabunga responds to the question of innovation in affiliate marketing…

Specifically, something like datafeed-driven storefronts (GoldenCan, KBStores, etc) comes to mind.

But generally, a focus on more measurability and more analytics — CPA as a metric allows full measurement of channel vs. channel; also marketing to niches by allowing influencers in those niches to get compensation for referrals. This latter concept is going to affect everything moving forward.

Thanks, Jeff!

And thanks to all of you for reading and commenting!

CPC’s Social Future

predictions.JPGGoogle is an ad company, and a very good one. Yahoo is an ad company as well, but they are smart about social media.

However, the way people and consumers search is going to continue to shift away from Google towards a more social model (that is what Yahoo is positioning for with its recent acquisitions).

When this happens, CPC will explode and the split between CPC and CPA will finally be bridged.

Yahoo knows this, and so should you.

[Edit:  Ask.com knows this as well.  Check out their sandbox project, AskX.  Thanks, Andy!]

How to Make Money in Affiliate Marketing

dollar-sign.jpg1) Go micro.

2) Bridge the gap between the ABW flavored affiliate marketing community and the CPA network flavor of affiliate/performance marketing.

3) Leverage the tremendous amounts of inventory inside of the affiliate and CPA networks in a relationship with the tremendous (and exponentially growing) amounts of ad space available on the emerging media platforms.

4) Read the Long Tail.

5) Stop trying to reach consumers by letting people reach you.

6) Blog

7) Read blogs.

8) Listen to podcasts and watch Ze Frank.

9) Pull, don’t push.

10) Own your niche.

Two New Plugins on Cost Per News

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You may have notice the small text between the end of the post and the “Comments” option here on Cost Per News which says:

“Popularity: 3% [?]”

That little bit of text is supplied by an incredibly interesting plugin called Popularity Contest

Popularity Contest is a WordPress plugin that keeps track of activity on your blog and calculates a popularity percentage for each post and page.

The popularity display you see:

Popularity: 27% [?]

is the rank of that post or page compared to the other posts and pages on the site.

Since page view counts, etc. are cumulative, newer posts will generally have lower popularity values than older posts. This, of course, evens out over time.

The values for different events (page views, feed views, comments, etc.) are configurable on a per-site basis, so each site may rank their content differently.

This is serious long tail stuff. However, over a given period of time, it is going to be incredibly valuable meta-data. If you have a network, merchant offer or CPA program, you should have a blog (a la Rextopia’s blog, FeedRex).

If you don’t, please let me know and I’ll help you set one up. EVERY network needs a blog, and this type of data would be INVALUABLE for your program’s blog.

popularscreenshot.png
Based on that data, I’ve set up a display of the top posts based on popularity. You can see which posts have had the most trackbacks, comments, views, etc. It’s not as interesting as the Popularity Contest plugin, but it is nice to see which posts have raised the most ruckus in the industry.

Of course, Molander’s podcast with Mrs. X on affiliate and CPA networks is at the top. I’m trying to convince Jeff to do another podcast on trademarks and affilaite marketing, so help me convince him.

Let me know what you think of the upgrades or if you have any advice!

Supply and Demand: Affiliate Summit and the Evolution of Industry Conferences

Affiliate Summit has been sold out for just a few days, and now passes are beginning to pop up on eBay and drawing higher and higher prices every day (now upwards of $2500)…

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This is good for affiliate marketing. It shows a healthy demand and a great product, in terms of both the conference and what affiliate marketing is able to produce.

Shawn and Missy have put together a show which everyone wants to visit and with the recent trade show hype over MacWorld and CES, people are beginning to realize the importance of these events. In my own opinion, I’d put Affiliate Summit above AdTech as a must attend show, and I don’t think that because there’s a banner over to your right —->

Even though it’s apples and oranges, I’ve always gotten much more “out of” Affiliate Summit than AdTech because of the niche focus. There’s something to be said about the impressiveness of the floor at AdTech, the people you meet and the list of speakers, but the Summit is quickly gathering enough steam to draw it’s own headliners who are appropriate to the niche of affiliate marketing.

Is the success of Affiliate Summit and the demand for tickets a sign (at least in online marketing) that conferences as we once knew them are slowly breaking down? In 10 years will all conferences be niche conferences? Think about CJU, SES, BarCamps or even (as much as I was appalled by the hubris of the name), the “Elite Retreat” (I feel dirty just for writing that).

At least Dave Taylor was right on this point… “The smaller the event, the more valuable It Is.”

Let’s make this interesting…I’ll donate a few dollars to the charity of choice for the person who comes closest to guessing the final amount of money an Affiliate Summit pass gets the week before the show.

Small is the new conference and it’s only going to get more micro.

Comments

I’ve disabled Akismet.

After too many frustrations and problems with false-positives, I’ve decided to use a mathematical algorithm plug-in to filter through spam comments and good comments.

So, try it out if you’d like.

You should see something like “Please add 9 and 8” with a box to fill in (the correct answer is 17, btw). This should help with quality comments getting held up in the spam box.

If the math problem doesn’t show up, you might need to log out of WordPress (go to www.wordpress.com and log out) and then comment, but that should be a rarity.

Let me know if you have any questions or feedback!

Apple iPhone Includes Widgets – Potential for Marketing?

dsc_0184.jpg

Mobile marketing will be huge in 2007.

Widgets will be huge in 2007.

iTunes will continue to be huge in 2007.

The iPhone will be huge in 2007.

Put it all together and you’re on to next-gen marketing.

The Apple iPhone is already legendary and has just been announced this morning. Expect this thing to fly off the shelves. With the popularity of the iPod firmly established, this device could be just as successful.

Interestingly enough, the iPhone will run OSX and use widgets.

Are you thinking what I’m thinking?

Marketing…widgets…iTunes…mobile…killer ap?

STOP Trying to Send People to Your Site

mustard.png

Traffic makes online marketing work. Traffic really makes affiliate marketing work.

We all have paid for traffic and most of us have a firm idea of what sorts of traffic and how much of that traffic makes a site or program profitable.

But we’re all wrong.

Well, most of us are wrong. Let’s think about what “traffic” means in the particular context of online marketing. I think we’re missing out on current and future trends if we keep a static definition of traffic without pondering how we arrive at that definition.

When we start to think about what traffic means, some powerful things can start happening in our heads that we can easily translate into bottom line numbers.

Traffic should be easy to describe and picture in our minds. People go to a specific website hoping or interested in finding information or purchasing possibilities concerning a certain product, good, program or service. How can we think any differently than that about traffic?

Easy. It’s an eight lane superhighway with commuters on both sides… it is not a one lane golden brick road leading to the Oz of your website.

There is something to see behind the curtain, so if you’re stuck in the black and white worldview of throwing money at publishers and affiliates in order to receive “traffic” to you site, you’re going to realize that the man behind the curtain is not what he seems.

But no worries. You had the power to leave that worldview all along, Dorthy.

Let’s take traffic into technicolor and think about how to partner with affiliates and publishers in a way that allows traffic to flourish.

The blog A VC sums it up the best with this prophetic oracle…

Here is the future of media:

1 – Microchunk it – Reduce the content to its simplest form. Thanks Umair.
2 – Free it – Put it out there without walls around it or strings on it. Thanks Stewart.
3 – Syndicate it – Let anyone take it and run with it. Thanks Dave.
4 – Monetize it – Put the monetization and tracking systems into the microchunk. Thanks Feedburner.

wldmustard.jpgFor one, you have to give up trying to garden-wall your content. Content is a mustard seed that starts small but quickly matures into a seed bearing bush.

That bush is pretty, but it attracts unwanted guests like ravenous birds and insects who quickly take over your garden and start moving from the mustard bush to other plants that you’d like to protect.

But mustard bushes are hard to get rid of, so you end up spending more time trying to find a way to keep the birds and insects out of the garden than you do on the actual tending and care of the garden itself.

So what do you do?

Allow your content to be completely gleaned by the birds and insects? Put up a protective barrier around the mustard bush in order to keep the birds and insects away? Rip the mustard bush out of your garden and throw it away in order to protect your other flowers?

It’s a tough decision.

But if you have that mustard bush of content already in your garden, you’re hopefully not going to rip it from the ground to keep the predators away. So, wall off or embrace the predators?

Stop walling off.

Let the birds and insects come and pick your content and do with it what they will. Put devices in place so that other parts of your garden may be secure, but allow those with interest in the content you are providing to glean and consume as they like.

Why?

Because you are allowing for the consumption of your content (or product or service) to be determined by the consumer. Instead of trying to force feed interested individuals a certain amount or type of content, you’re allowing the interested individual to make their own decision about the type of content consumption they will make.

As Steve Rubel points out

Marketers must recognize that people increasingly will consume content in small bites, not large. Brands have an opportunity to introduce consumers to this content by creating platforms where people can aggregate the niche content they care about. In addition, they should move now to make sure existing online investments are ready to be chunked down so people can integrate it into other platforms.

It’s called microchunking. You’ll be hearing a good deal of that word in 2007, so get comfortable with it. Not only does this sort of content consumption enabling allow users to make their own decisions about the amount of content they want from you, it enables our illustration of an 8 lane super highway above to be created.

Micro-transactions have been an option since the turn of the century and were made famous in online marketing (and the movie business) by Brian Clark…

Sometimes, you want to charge just a little bit — such a small amount of money that traditional credit card processing services start to eat up the whole thing with fees. Enter micro transactions or micro-payments, an interesting option for people looking to sell digital content goods for between a dime and a few bucks.

Micro-transactions have caught on with many players in the online marketing world and are an acceptable way to offer payment in today’s market. Microchunking is also undergoing a similar path to adoption and will change the way we do business in online and affiliate marketing because getting people to visit a specific site will no longer be necessary.

Instead, smart merchants or producers looking for traffic will begin to recognize that by partnering with smart affiliates and publishers who are using microchunking techniques and allowing the content to be split up and made mashable, they gain much more in long term, quality and sustainable traffic.

It really isn’t that hard to do, and you can always get there by clicking your heels three times and saying “There’s no place like the feed reader… there’s no place like the feed reader… there’s no place like the feed reader…”

Try it. You’ll be surprised.

MyBlogLog Jumps the Shark

screenshot-mybloglog-firefox.png

Yahoo gobbles up MyBlogLog for over 10 million.

This is not good news for those of us who have readily enjoyed the service over the last 8 months because the incubation period of this project has not had long enough to develop unlike del.icio.us or Flickr. Even though MyBlogLog has been a darling of bloggers everywhere (including myself), I think this might be the jumping the shark moment.

Expect lots of attempts at user spam and an end to innocence. Don’t be surprised if I remove the widgets here soon as the amount of spam has already been increasing on a daily basis.

Congrats to the MyBlogLog team, but I hope the integration goes well (unlike some other Yahoo services).

Affiliate Marketing On the Periphery

Affiliate marketing has a unique position within the world of online marketing.

The greatest world changers, whether in terms of religion, science, sociology, anthropology, or any other discipline have always been those pushed to the edges and marginalized.

There are two main types of marginalization:
1. Marginalization that is assigned
2. Marginalization that is embraced.

Marginalization is not accidental. Marginalization is a willful act that tries to maintain the status quo or protects the interest of those that hold the power or the money and attempt to maintain a grip on power by pushing those who disagree or attempt to push reform by marginalizing the trouble makers.

In many ways, I see affiliate marketers as the trouble makers in the general scheme of online marketing. It is a slippery channel, full of individuals not willing to easily slide into one monetized or easily defined column. That is dangerous, that is revolutionary, and that is important.

Because a group, such as affiliate marketers, are marginalized doesn’t mean that they don’t have power. Rather, they have even more power through their own imaginations, efforts, stories, convictions and forums.

Being on the periphery, or margins, and being pushed out by the power hungry center enables the potential for radical possibilities. As affiliate marketers, we are able to see things from the edges that online marketers and those in the center of power online cannot see. We are able to spot trends, such as social media and tagging, that those insulated and buffered within cannot see.

So, let’s embrace our position on the periphery in affiliate marketing. If “traditional online marketers” want to push us out to the edges of the marketing world, let’s embrace our position and enjoy the worldview which this affords.