Dr Peter Fish

Dr Peter Fish

Dr Peter Fish holds a Bachelor of Science Honours Degree in Genetics, Biochemistry and Immunology and a Bachelor of Medicine and Bachelor of Surgery. He has been involved in internet strategy and marketing since 2000 and is an expert on Search Engine Optimisation (SEO), Search Engine friendly design, Social Media Marketing (SMM), Google AdWords and Google Analytics.

Website URL: http://www.gofishclientcatchers.com E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Imagine being able to get other people’s opinions on a site you’re visiting, or their input on the content and even find a few links that other people have found important on the same aspect all with the click of your mouse. Well this type of social commentary exists! Google launched its Sidewiki on the 29th September last year and it’s slowly starting to catch on...

 

The Sidewiki concept brings social media directly to the site in question, utilising it includes simply installing the Google Sidiwiki toolbar. Once it’s activated it sits nestled neatly and almost invisibly on the left aspect of your browser. If you visit a site with a comment a small speech bubble appears, once clicked you can view the details.
sidewiki_logo

 

These comments can be anything from reviews to blog post announcements to educational tips. Gain expert insights, a different perspective or even a bit of background history. Install it and have a look – Google’s Sidiwiki.

 

Over and above this Google has also launched the Sidewiki API! This allows you to play with any content generated regarding any particular page or even by a particular author. This is great for reputation management as it allows you to monitor what is being said about your company and its products or services.

 

Furthermore in the land of search engine optimisation the Sidiwiki holds a few interesting tricks in the new era where social media is now king... After publishing any new content a little Sidiwiki comment might point the Googebot towards your page, allowing it to be indexed quite quickly. Over and above this placing a link on certain “resource” pages with a link back to your associated page might lend you some credibility... For example once I post this blog I’ll run through my standard blog announcement routine, but now I’ll also make a quick comment in Sidiwiki on the actual page as well as positing a comment on the url above linking back to my blog... Hmmm... Thanks Google...

Sunday, 13 December 2009 19:58

Market Segmentation

Market Segmentation is an invaluable aspect of most marketing plans, it allows you to target a receptive group of people within the population, thus avoiding the shotgun approach as far as possible and maximising your return on investment. The ideal individual to advertise to is one who will buy your product. So how do you work out who this is and how to target them? Well after reading and going through all the blogs I’ve posted on consumer analysis and giving it some thought you should have a vague idea of the demographics of your target market.

 

data_segment

 

With classical press advertising you would merely target your demographics by choosing your channels carefully, skateboard magazines where a good place to market products designed for teenage boys etc. This has somewhat flowed over into online marketing, in the most basic form it can direct your placement of paid ads on 3rd party websites or through Google’s Content Network especially when utilising the CPM option. Social media sites often allow for far more detailed and specific demographic advertising options. These can be utilised very efficiently if your product appeals to a neatly defined target market. Often the level of segmentation available with most social advertising platforms is quite mind-blowing. Facebook has a well evolved advertising system with a multitude of different dimensions to choose from ad can sometimes yield impressive ROI.

 

Of course pay-per-click (PPC) search, such as Google’s AdWords, advertising has revolutionarised market segmentation as we knew it as it allows you to only target those who are actually actively looking for your product – the ideal target market. Yet you need to know what you’re doing to squeeze every ounce of selectivity out of it, I’ll go into this at a later stage in another blog post.

 

For now let me give you a list of some of the commonly used segmentation strata:

  • Geographic
  • Demographic
  • Age
  • Gender
  • Income
  • Marital Status
  • Family Life Cycle
  • Education
  • Occupation
  • Ethnicity
  • Religion
  • Language
  • Psychographic
  • Lifestyle – Interests and activities
  • Personality
  • Behavioural
  • Usage (different target markets may use your products for completely different uses)
  • Purchase Occasion
  • Brand Loyalty
  • Responsiveness to Price and Promotion

Obviously not all of the above would be applicable in every circumstance, but for every target market you have go through the list and narrow down your market segment. Each different market segment should then be analysed as to the viability of the advertising options available and the ROI that it promises. With online marketing you can often experiment inexpensively, which really takes a lot of the guess work out of it.

 

Wikipedia has a pretty elaborate entry on Market Segmentation if you'd like to read more.

Thursday, 10 December 2009 03:54

Google Launches Latest Results Real-time Search

Google launched its Latest Results search which brings real-time results right into your Google search results page in the latest results box. These results are fed in from various social media sources such as Twitter, Facebook, MySpace, FriendFeed, JaikuIndenti.ca, Yahoo Answers, blogs and forums amongst others. Have a look at the screen shot below:

 

LR1


The results scroll within the box as they’re indexed in real-time. If you click on the Latest results link you’re navigated to a new, dedicated, latest results page. Here’s another screen shot:

Wednesday, 09 December 2009 20:58

The Buying Process

The buying process has 6 steps; each one plays an important role in any marketing strategy. Most of these steps can be targeted with a cleverly designed online marketing plan.

  1. Problem Recognition
  2. Information Search
  3. Evaluation of Alternatives
  4. Purchase Decision
  5. Purchase
  6. Post-Purchase Evaluation

Purchasing Process

 

Wednesday, 09 December 2009 19:34

Low or High Involvement

Before you can decide whether your product is a high or low involvement product you need to understand what a high or low involvement product actually is!

 

These definitions are taken from LEGAmedia:

 

High involvement products - products for which the buyer is prepared to spend considerable time and effort in searching.


Low involvement products - Products which are bought frequently and with a minimum of thought and effort because they are not of vital concern nor have any great impact on the consumer's lifestyle.


The marketing strategies for these products are very different. For a low involvement product all you need to do is merely make sure your product is available and easy to find, a perfect example is point of sale marketing – such as with gum, sure you might have your favourite gum, but if you can’t find it you’ll just by whatever’s right in front of you. No real point in spending vast amounts of your marketing budget trying to explain why yours is the only gum the client should by rather butter up the sellers to place yours at the top of the pile!

Wednesday, 09 December 2009 18:51

User VS Buyer

This aspect of a consumer analysis investigates who users your product and who buys your product, in some cases they’ll be the same person, yet in many instances it may be very different people. A classic example of this is babies clothing and even men’s clothing which are most often bought by females.

 

I suggest you make a list of the users and the corresponding possible buyers. These buyers will become your marketing targets! Here is a simple example for men’s clothing:

  • Men
    • Men
    • Female partner
    • Parents
  • Above average sized woman
    • Above average sized woman

 

As you can see we’ve expanded our marketing targets to far more than just the user opening up many more potential marketing avenues. By thinking outside the norm a bit here you can often drastically increase your sales!

 

Wednesday, 09 December 2009 18:26

Customer Benefit / Needs Categories

This aspect of consumer analysis answers the following questions:

 

What does your product do? Why would a customer benefit from using your product? How does it improve your client’s life? What needs category does your product fall into?

 

So how do you start? Well ask yourself the questions above and write down the answers for each product or service... Our Silver Package is a reasonably holistic online marketing package; it offers AdWords account management, organic growth management, monthly stats analysis & reporting and amongst others it also includes 3 hours worth of website maintenance. Of course you can break each component down further to the exact details, but it’s not necessary for this article. At the end of the day, simply put, our packages do one thing: Bring our clients more clients!

 

Once you’ve got a good idea of your product’s customer benefit you can have a look at what needs category it falls into. Needs categories where first described by Maslow in 1943, there are 5 different hierarchical tiers: Physiological, Safety, Loving / belonging, Esteem and Self-actualisation. See the image below and read the wikipedia entry for more details.

Wednesday, 09 December 2009 18:24

Consumer Analysis

When it comes to marketing a product or service one of the most important initial steps is to conduct a consumer analysis. This entails a number of aspects:

Customer benefit

User and buyer

High or low involvement

Buying process

Market Segmentation

 

The aim of a consumer analysis is to assess who, what, when, how and why clients are buying your products, this allows you to plan your marketing much more successfully!

Wednesday, 09 December 2009 16:11

Search Engines - The Intro

A search engine is a mechanism used to find information on the world wide web. These automated tools utilise very in-depth algorithms to decide what online content is applicable for a specific search query. The algorithms delve further in to “respectability” of the content via various channels to ascertain which of the applicable content is more important than the rest and thus how to rank the results.

 

The earliest search engines started showing their heads in the early 90’s, yet these where extremely simple when compared to our modern day examples. As the sheer volume of online content increase the search engines where faced with an ever increasing task of detecting, analysing and arranging masses of data and the modern search engine was born.

 

Now days, in the South African setting as well as across the majority of the globe, Google is the dominant search engine, with estimates of about 85% of the market share, the closest rival, Yahoo! coming in at 6%, followed by the Chinese search engine Baidu and Bing at 3%. In the context of American searches the values are slightly different with Google at 74%, Yahoo! at 17% and Bing at 9%. Of course there are a multitude of other options which are listed below.

 

Most modern search engines use the same mechanisms, a robot or spider that trawls the web following links and capturing data, an index where the found content is stored for later retrieval and the search algorithm that ranks the results.

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