Tuesday, May 19, 2015

Be on the lookout for 'Buy' Buttons in Google Search Results

Google Buy buttom
You want it. You search for it. You buy it.

Simple, right? Everyone's default search engine, Google, wants to make the process at least one step faster. In the coming weeks, the tech giant will be launching "buy" buttons on its search-results pages, according to a Wall Street Journal report.

When a person searches Google for a particular product, he or she might see a button within the results pages to buy said product directly. Click on the button and the person will be directed to another Google product page to complete the transaction.

The buttons will appear only within sponsored results toward the top of the page and be available first to mobile users, the Journal said.

So, Google is transcending search and getting into e-commerce, like Amazon. Perhaps. When contacted by Entrepreneur, a Google spokesperson said the company has "no comment to offer at this time."
When users click a buy button from a Google Shopping ad, they’ll be taken to a special landing page on Google to make sizing and color selections and complete the purchase, according to the report. Retailers will continue to handle all order processing and shipping operations. The sources did say Google would enable opt-ins to merchant marketing programs, meaning retailers could continue to market to their customers as they do when transactions occur on their own sites. Whether that will be enough of a carrot to appease large retailers remains to be seen.

Google saw similar reluctance from merchants with its Trusted Stores program, which until earlier this year, required retailers to share order and shipping data feeds with the search giant in order to participate. Many merchants balked at those requirements. While there is no hard data on participation rates, people I’ve spoken to have said participation among their clients increased significantly when Google dropped the data-sharing rules.

Customer payment information will not be passed on the retailers, and Google will reportedly offer several payment options and allow customers to save their payment details for future purchases.

In a departure from Amazon and Ebay, participating Google Shopping advertisers will not have to forego a percentage of the transaction. Instead Google will continue to charge per ad click, according to the report. That could help entice large retailers that have resisted Amazon participation but can see the value in reducing consumer friction in the buying process on mobile devices, in particular. (Facebook’s move to host publisher content directly in its the app rather than act as the referrer on mobile devices can be seen in the same vein; on mobile, platforms are becoming holistic environments that corral user activity within their walls.)

Google debuted links to food delivery ordering and table and appointment-booking services last week in Google Search and Google Maps just last week. It’s among the search engine’s efforts to adapt to consumers’ mobile behavior. Mobile Friendly Ad Units for auto-makers and dealerships, hotel booking services were announced at a gathering of search advertisers at which the company said for the first time that mobile searches have now surpassed those on desktop in ten countries, including the U.S.

Be on the lookout for 'Buy' Buttons in Google Search Results

As the search engine adjusts to mobile behaviors, it is set to take on Amazon in the battle for the mobile transaction.

Tuesday, May 12, 2015

Google Testing “Value Alert" and "Special Offer" Notice In Google Shopping Ads


Google has another test running on product listing ads, this time one that highlights “value” and "offers" on products. While doing some a marketing study for a client, Jump Start Social Marketing discovered the test displays a “Special Offer” message at the bottom of the ad. What’s interesting is that the ad from the Thorlos.com is that it does not have the lowest product price among the ads shown. The ad shown from Dick's Sporting Goods has by far the lowest price at $11.99. Rather it may be that Google is testing a new way of showing items that are on sale or significantly discounted, not just the lowest priced.  This being why some are seeing "Value Alert" or "Special Offer" on the products. (Read More)

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Friday, May 8, 2015

Wall Street Journal Reports: Yelp Seeking A Potential Buyer

Yelp's market cap is $2.9 billion, a sale could fetch more than $3.5 billion.
Yelp's market cap is $2.9 billion, a sale could fetch more than $3.5 billion. - See more at: http://www.jumpstartsocialmarketing.com/blog/wall-street-journal-reports-yelp-seeking-a-potential-buyer#sthash.Ac9RMyCf.dpuf

The Wall Street Journal is reporting that Yelp is working with investment bankers and has “been in touch with potential buyers” to explore a sale of the company.  Yelp's market cap is $2.9 billion, a sale could fetch more than $3.5 billion sale range.

Before Yelp went “public,” Google unsuccessfully tried to buy the company for more than $500 million. It would be interesting to see if Google gets involved in any bidding that could happen… if this is a legitimate story.  Apple also has a connection with Yelp.  It is sat to imagine that would imagine that would make Apple a serious contender to purchase Yelp, as well.  Other companies that are possibly in the mix are Microsoft, Yahoo, and Facebook.  This is also accompanied with Travel companies given the review format of Yelp.

Last quarter Yelp reported revenues of $118.5 million. That represented 55 percent revenue growth.  Given these numbers, investors, were not satisfied with these numbers.  If Yelp is going on market, I would wonder if this signifies the long term ability to “Stay” in the mix with review sites.

We all know that advertising has changed the face or the net…just try to watch a video on YouTube.  Search sites have also taken advantage of this.  So how has Yelp shown such revenue growth?  Yelp disclosed it had 90,000 local advertisers, 77 million reviews (total), and 142 million users in its Q1 earnings release.