Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Mar 15th

[Added]Google’s “Farmer” Update was a major restructuring of their search index that was released to the US public sometime around March 1st. It was designed to show higher quality results by punishing sites that detract from the user experience (because the ads are obtrusive, the content is thin, the site loads slowly, users tend to “bounce” off the site quickly, etc). The average search user typically is not aware that a major Google Update has occurred. [/Added]
Before I start this article let me make one thing very clear. In the grand scheme of things, I’ve always respected Google’s commitment to a quality index. They have made huge strides over the years to reward quality and destroy junk. And I like that. A lot. It has made the web a better place. So while there is an emerging cottage industry of Google complainers, I have no intention of joining their ranks. Because at the end of the day I believe that Google’s entire business model depends on having the best search results. So yeah, I trust Google.
The purpose of this article is to point out some concrete ways in which the latest Google update named “Farmer” has had negative effects for small businesses and their brands. Admittedly, I am going to be a bit myopic and use one of my own websites as a case study. But the purpose is to draw attention to an obvious flaw in the update and how it reflects badly upon Google.
Like it or not, a lot of small businesses live or die based on their brands. The editors at a popular website that I own called PopCrunch recognized about 3-4 years back that in the entertainment space, the site needed to “differentiate or die.” So we took two approaches to differentiation. First, we created an online tv show that was featured on YouTube. That project, while a blast to put together and a fan favorite, simply couldn’t survive because of the economics of web video. We couldn’t monetize it. I’d love to bring the show back someday, but doing so would require a major long-term sponsor.
The other approach to differentiation was to create premium content that other people weren’t making (you can see a list of our premium content here). What we ended up doing was creating annual lists that took 100+ hours worth of man power to accomplish. The idea was this: all the publishers out there are throwing out short 200 word news articles. Let’s be better. Let’s contribute to the web and make unique content that’s fun but requires hard work. The kind of work not everyone is willing to do.
So we put the hard work in. And we built some popular brands. Some so popular, that they get mentioned on radio stations across the country and drive millions of unique visitors in a single day. Examples include: 100 Hottest Women of 2011. The Hottest Women in Radio. Hottest Student Bodies of 2010.
Yeah, yeah it’s not like we’re contributing to the intellectual stores of humanity with this content. But we are making stuff that people like. And we’re putting the hard work in to make it as high quality as we can within a small brand’s budget.
So what’s the big deal with Google’s Farmer Update? Well, like I said, we often get radio mentions of our content (because it’s THAT good) and with Google’s Farmer update, people searching the titles of many of our best articles (search any of the titles here) will have a hard time finding the original source. Instead of getting the original PopCrunch article, they’ll be sent to sites that copied PopCrunch’s article or simply linked to it.
Here’s a search you can do to see what I mean: 100 Hottest Women of 2011
Showing above PopCrunch are scraper sites like InnewsToday.net , CastNews.us, Newmoviereleasesdvd.Loginby.com and Social Link Sites like Populnks.com, Topix.com, Digg.com, etc.
So imagine this situation. Radio Station X spends ten minutes talking about our list of the 100 Hottest Women of 20011. A slew of listeners go to Google, whom they implicitly trust and search for 100 Hottest Women of 2011 and what do you know, Google fails to show them what they were looking for.
We have already been told by a few of our contacts in the radio industry that they’ve had listeners calling into the station because they can’t find the article that the morning DJ’s were talking about. That’s not just PopCrunch’s problem. It’s Google’s problem too.
And it’s not just an isolated case. I’ve talked with dozens of small brand owners who run legitimate, defensible, differentiated websites who have seen very similar results.
So the moral of the story is that Google’s brand depends on returning the results that people expect to get. And I expect that it’s not just in my interest, but in Google’s interest as well to fix the issue I’ve defined as soon as they can.
In the meantime, we’ll keep producing the best content we can and strive to get even better. It’s the waiting on a giant that’s the tough part.
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Jan 21st
There are many brands that people recognize, but they won’t all be around forever. While that’s unfortunate, it’s part of the way products work. They have a life cycle, just like everything else. Brands usually don’t disappear when they’re highly popular, but they occasionally are taken off of the market before they lose all of their appeal, just to keep them from slowly fading out into nothingness. Here are five of the top brands that you probably won’t see when 2011 is over.
While it was once the top-read magazine in the world, it went into (and came out of) Chapter 11 bankruptcy so it could decrease debt. It also cut down the number of issues it produces, and now only handles 10 issues a year instead of 12. In the past, advertisers were guaranteed a circulation of eight million. Now, the company only guarantees five-and-a-half million readers. While that might seem like a lot, it’s a far cry from eight million. Advertisers care about things like that.
For almost 20 years, Blockbuster led the video rental business. Now it’s facing bankruptcy while losing millions of dollars each quarter. Companies like Netflix and Redbox are getting a lot of the profit that Blockbuster used to get. They’re much more convenient and they’re the wave of the future where watching movies is concerned. Getting DVDs by mail and getting movies on demand through satellite and cable are also big reasons for Blockbuster’s demise.
3. Dollar Thrifty Automotive Group
The car rental company has a couple of potential buyers like Hertz and Avis, but even if they buy the company, they probably won’t keep the brand. Dollar Thrifty only made $27 million in a quarter and has more than $1.5 billion in debts and “other obligations.”
4. T-Mobile
While it’s a popular company with some people and it generally provides good service, it’s just not the top dog in a market that can only support a couple of wireless carriers. At #4 in the rankings, and with revenues steadily declining, it looks like T-Mobile may be on its way out.
With the aftermath of the Gulf oil spill, it’s possible that BP will withdraw from the limelight, separate into different parts, and rename them so that it can get a bit of a fresh start. It’s having some financial problems, too, but not to the extent that it would have to shut down. The brand may disappear, but the company itself will likely just continue under some other name that people don’t readily recognize.
Managing a brand is tough. From the fierce competition, to the negative press, and everything in between – a brand’s reputation and success is always in jeopardy. While it’s possible that these brands will still be active, and maybe even still popular as 2011 draws to a close, it’s really not that likely. They don’t have the staying power to last that long; they may be replaced by something that people like better or fall apart in the face of financial challenges.
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Oct 10th
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According to an October 7 report on mobile usage by… network) were among the most popular mobile social media brands in the US, Japan and Europe. |
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Oct 5th
| Also, the twin limitations of bandwidth and budget mean that we can’t rely solely on traditional marketing and advertising,… |
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Oct 1st
| That’s one of the major plusses of social media which is learning about actual experience of a brand rather than the Fantasyland… |
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Sep 30th
| Indian companies are getting tech-savvy and discovering social media, which has vast resources of private information,… |
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Sep 21st
| Private equity firm Hellman & Friedman has entered into agreement to acquire online media company Internet Brands for approximately… |
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Sep 20th
| Internet media company Internet Brands this morning announced that it has entered into a definitive merger agreement to be acquired… |
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Sep 11th
| The emerging crisis of brand identity could very well be the first syndrome of its kind for the new social media age. |
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Aug 31st
| Though many companies are now using social media to acquire new customers and increase brand awareness, few are using social media channels for… |
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