The Online Sunshine Plan
Archive for category Marketing Research
Keywords which don’t tell you anything about the Gorilla in the room
Posted by robertworstell in Marketing Research on October 30, 2009
That’s the problem with a lot of these niches we deal with. When we are simply trying to sell a product, we fail because some of these niches simply don’t have buyers in them. And worse, some people are telling you that the way you find buyers is to see if people are advertising in that area. (Really? How come people are advertising where there isn’t even any traffic? Google says they do – just look on their Adwords tool and see where there is “competition” even when there aren’t enough traffic results to make up a monthly tally…)
Since I got myself all worked up with that (above-linked) post, I then had to see what was actually going on.
So I set up my Keywords Genies: Google Adwords Tool and RankTracker and started to get to work figuring this all out. I started using Google Adwords to see if it would give me bigger and bigger traffic keywords through its synonyms. After I amassed about 12,000 keywords, then I quit to digest them by OpenOffice database.
Now, this is completely the reverse of what my research says to do. I was purposely looking for stuff that couldn’t possibly be a niche – waaayy too big. Of course, one of the first things I found out was that Google and WordTracker don’t agree on what the traffic for something actually is. (Big surprise – all these tools only deal with their own estimates of traffic. Your mileage may vary, as well – only your own analytics knows for sure.)
But what I did find is that there seem to be a huge number of really good one and two-word keywords with decent KEI. Even though they could (and some did) have literally a trillion pages of competition. No, you couldn’t dream of trying to get these on their own. So the niche theory of marketing empire-building still holds.
The review of these niches and their main keywords started showing something else (other than the fact I was really straining RankTracker and WordTracker – you can only check about 240 KW’s at a time before WordTracker shuts you down). That something else was the point that people who search on Google are just that – lookers. Doesn’t mean they are buyers. And you have to check that keyword on eBay or Amazon to see if people are actually able to sell something like that.
Even more striking was the observation that very little “stuff” was turning up with these keywords. Specific camera’s, or toys, or gadgets or books or authors weren’t coming up. But the big-ticket Maslow-pyramid-type phrases were. As niches.
But didn’t I just say you couldn’t sell anything in a niche that didn’t have buyers in it?
Sure. The trick is that the motivations to buy are there, not the stuff you can sell.
This means that people are actually searching for their wants and feelings, not just specific stuff they want to buy – although that happens as well, but not in two words or less (most of the time, anyway).
Your niches show up in four-word or longer phrases.
But something even more interesting showed up – you aren’t selling stuff, you’re offering solutions.
All of these wants and feelings people put in their search engine forms – these are just problems they are having in their lives (more or less). What they are plugging away at searching for are solutions which would improve their lives.
Again, go back to Maslow and Cialdini. When you take these two giants together, you see what people as individuals and as groups/niches are trying to solve in their lives. All these things people buy are somewhere on Maslow’s pyramid. And what you see selling on eBay or Amazon are translations of these items into the tribe-dominated Cialdini 6 (or 7) principle triggers.
Being blonde, young, trim, athletic, rich, famous, etc. – all of these have definite products associated with them. But below all these states are very definite wants and needs – and between those and the products that represent them are the person’s feelings. Which are what all sales are based on – feelings.
My point in this actually goes back to what I’ve spend the bulk of this life on – personal improvement and self-growth. Recently, I’ve been studying marketing to see how selling this type stuff is done. And so, now I know how to sell almost anything – find out what stresses are hitting people’s lines and offer solutions. Stresses are tied into feelings – and they come from a person’s purpose, something seemingly dis-related to marketing.
The reason I’m telling you all this is to keep you up to speed with what I’ve been discovering.
Practically, with proper market research, starting with keywords and then finding what products are selling in that niche – you could conceivably sell sun-tan oil to Eskimo’s if you wanted.
It’s all sitting there in the keywords.
So, go ahead, compile your own list of 12,000 Google Adwords and see what comes up.
May you be just as pleasantly surprised.
Some additional posts of interest:
Inmates know how to unlock the sanitarium gates?
Posted by robertworstell in Marketing Research on October 30, 2009
Escaping the sanitarium profitably with your keywords — don’t ask the inmates for directions.
Sometimes I get fed up with people who use advertising as proof that people are buying or not buying stuff in any particular niche.
I’ve been doing a heckuva lot of research on keywords recently and can tell you this – advertiser are generally clueless about what people are going to buy. And they are caught up in this insane addiction to buying advertising as a way to get leads which will convert to paying customers.
The reason I say this is I’ve pulled in my Ranktracker files from Google adwords KeywordExternalTool and found that there are some fascinating keywords being used that have a lot of advertising competition, but no one is actually visiting these sites. True.
Now, this doesn’t say all advertisers are this way – but when I’ve now run into the fourth or fifth “authority” saying that you look at these sites which tell you what advertising is being bought as an indicator of whether people are buying products in that area – and I say
“BULL”.
If you want to see if people are buying that product, check out eBay with one of the free analysis tools out there. This will tell you if there is a real buying market for it. Now, eBay is a bit different from Google, as people who are looking (Google) aren’t necessarily buyers (Google and eBay). But if you use Terapeak, you can see over the last two weeks (for free) if anyone is looking for a product in your category and what types of products (and prices) they are willing to pay in an auction. (One caveat – auctions are for 1] Collectors, and 2] Bargain Hunters, and 3] Lead Generators. So prices are unreal here – both too high and too low.)
Right now, I don’t know of any other area where you can find out actual sales data. You want to be able to look at the records of buyers buying. Terapeak and HammerTap both license eBay’s database records to generate their data. Another source would be WorldWideBrands – even though their entry is rather high, even for a lifetime subscription. But they can tell you the rough value of an area and whether there are buyers for that product. WWB does have an online trial where you can check out your keywords in a limited degree.
Oh – but you could check out Clickbank, which does (in a round-about way) give what is selling and you can work out roughly whether you could actually make money at that stuff. Also has return rates (as some of those digital products aren’t worth the digital paper they’re printed on…)
But when someone tells you to see if people are advertising as an idea of who’s buying what – just smile and nod and thank them – then go right on by. Because those people are probably going to be there for a very loooong time. And you should be out in the real world earning money by the carloads.
So:
Places to find out if someone is actually buying products for your niche:
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Terapeak
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WorldWideBrands
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Clickbank.
Some additional posts of interest:
Where Hype Rubber Hits the Laggard Road
Posted by robertworstell in Marketing Research on October 30, 2009
I’ve recently been proving all those Madison Avenue psych studies right. By studying Cialdini, Gladwell, and Godin it pretty much says that we are actually being herded along in our tribes quite nicely. Of course my secret weapon in this is to study Maslow and then see that these tribes are far from being destructive, but are actually heading toward a better future quality of life for all members.
Madison Avenue has been helping, in their odd way, to enable people to spend their way to a better material quality of living. To do this, they need to keep earning more money than they have before. And people get sold on getting their kids through college (another tribe grist-mill) and living better lives.
Our use of this, of course, is to learn not to become effect of every marketing frenzy that comes along – and to re-learn our own mental habits so that we can make our own independent decisions. But meanwhile, as we become the lighthouse on the rocky shore for other ships passing through this storm we call life – we have to use these data to help people find our routes to success. Not that they have to follow it exactly – you just want people to be able to find it and utilize it. And if they become independent thinkers as well – hey, we might wind up with a huge tribe of people who care for each other and do the right thing more instinctively. Better for all of us on this small single world we share.
OK, today I wanted to tell you more about this tribe stuff and some fascinating explanations of what we go through.
Gartner’s Hype Cycle, Bridging the Gap, and Fads Vs. Evolution
First off, there’s Gartner’s hype cycle – which of course is full of hype. But it tells us that not everything is a fad. Somethings make their way into society and do quite nicely after they are widely adopted. Beany Babies aren’t one. Fire and the Wheel apparently are.
Someone else approached the same concept of technology adoption and talks about Bridging the Gap for early adopters, using the Bell Curve to show where early adopters, main-streamers, and laggards show up. Unfortunately, this model only says that demand dies out for every new adoption.
A really bright lad made a great point over at Trashmarketing when he superimposed the two graphs. Not all of his arguments follow, but it’s a great start.
He opines that hype is much greater during the early adopters phase and that the chatter drops off as the mainstreaming begins.
Gartner is talking about technology and adoption curves. Use of the bell curve and this gap theory is fine for fads – but says that people won’t continue using an item.
I think that we are somewhere in the middle of these two curves. (And you’ll see that the Long Tail curve also is represented there – if you look closely around “Late Majority and Laggards’)
But you’ll see what I mean when you look at Detroit’s growth and decline. Compare the Edsel and the Mustang and you can see where Ford missed the boat and made it. Social media is going through this same scene, as some platforms are bought up and drop off. Practically, Nasdaq and our current real-estate economy bubble burst (thanks to Bill Clinton, Barney Franks, ACORN and Chris Dodd for our US version = you can’t legislate morality or award unearned success…) show this same hype curve to some degree. At least for now.
And technology stocks as well as real-estate will always be with us – much as Jesus talked about the poor. So there is some combination of these to start making sense out of things. Sure, the hoop skirt never caught on, but the mini-skirt is still around – just not as hyped as before (but just as enticing to males).
How do we use this? Realize that your marketing efforts have to be way out ahead of everyone else. What you are looking for are early adopter evangelists and “sneezers” (per Gladwell’s Tipping Point) in order to help your product get critical mass. And be prepared for that Dip (Godin wrote a book about it – which I haven’t read).
But you are wanting to keep true to your main, core idea and purpose – both of yourself and of your business. You are there, actually, to help move society and this culture forward – to help it evolve. Don’t worry if your company and product get snapped up and incorporated into some behemoth current juggernaut. Turn it over and start your next one – you’ve now got your own financing as that start up just went mainstream. Time for your next start up
The main point is to keep on keeping on. Don’t listen to the Joneses – but figure out what they really need next and offer them a better solution than the one they have. Like the fries at MacDonald’s which formed the basis for a world-wide trend in fast-food. Or that entrepreneur who found out that selling everything for a little less made a lot more profit – Sam Walton created a very recession-proof business which has improved the lives of millions through his ideas like spoke-and-wheel distribution.
So: the sky is no limit, actually. Just get out there and create your tail off. Learn from the best and do better than them. With what we can now know in this Internet Age, anyone can retire from any online business you create several times over after creating their booms, not bubbles.
Some additional posts of interest:
New ideas about a dip in the middle of your product lifecycle
Posted by robertworstell in Marketing Research on October 30, 2009
Seth’s now created two separate bell curves with a dip in the middle. Convenient for him, he has a book called “The Dip” that’s been out for awhile. While this tends to explain his world-view, it may not be correct for all circumstances/situations.
I’ve earlier covered about the Product Life Cycle (which is explained various places), adding that such a marketing cycle (bottom is against time, not attitudes) can be restarted.
With Godin’s double curve, he assumes a time function at the bottom as well. So he then has your product moving through the first, into the dip, and then into the second.
In both Bell Curves, your mainstream is at the top. Mainstream passionate, and mainstream pop. For both cases, your supply/demand then peaks (with least profit) at that point – for that set of public.
For many product life cycles, the early adopters are those “dweebs” on the “cutting edge”. Gladwell talks about this in “Tipping Point”. Artsy Greenwich Villagers who liked Hush Puppies started a new product life cycle trend (which lasted years), but then got out of that trend when it went mainstream.
Jeans, on the other hand, have been eternally popular – having ups and downs, but mostly making Levi-Strauss tons of dough meanwhile. I love the mainstream part of this, as now I can get really cheap jeans (which last no longer than the expensive ones) and be comfortable in the humid Missouri summers wearing nothing but cotton. (As well as being able to keep my dress slacks in the closet because I work outside with cattle and fences and greasy farm equipment during the days.)
Jeans were a necessary point early on of those passionate about gold-mining in California. Later, other trades found that durable work pants fit their operation as well – that niche was expanded. When they became a fashion statement during the hippy ’70’s, they became mainstream – and all sorts of people started branding their own. And extensions to this, such as Dockers and what not, gave the same durable easy wear some status as they could pass for corporate wear as well.
The original niche expanded, went mainstream, and then subdivided into smaller niches again. (One particular niche is the ultra-durable versions. Overpriced Carhart’s with their trademark brown is one example.)
While you could have a dip in the middle, you could also simply have the early adopters being the passionate and the pop-cycle taking up the slack (and probably causing the slack) in the passionate demand.
You could even have several dips, as different niches find their use for that item. Jeans’ sales above has had several dips in sales. In every case, it was where a certain niche-client-type was using their product heavily and then another niche found them. (Of course, a rather slack marketing approach can cause dips, as well as poor transition into mass-production.)
Dips are also seasonal, sandals don’t sell well in winter – but also, high gas prices could keep more off the beach – or more going to the beach. A dip for one area would be a peak for another.
Charles Haanel’s “Master Key System”, Wallace Wattle’s “Science of Getting Rich”, and Napoleon Hill’s “Think and Grow Rich“ – these continue to sell well, helped by Rhonda Byrne’s “The Secret” DVD, and a host of lecturers who discovered people still bought these books and wanted more information about them. But look through eBay and you’ll see that these books are being bought regularly for decent prices as more and more re-discover them and then want more data. Sure, they were in their hay-day during the 20′2 and 30’s – but have gone on to sell way more copies than they ever did to begin with. But don’t think they had that much of an extreme dip in between – the 50’s had a lot of self-help going on (Nightingale-Conant developed during that time and the early 60’s). This particular dip would be due to generational differences.
The passionate are not always the first bell curve in the sequence. Specialized niches can “discover” a product and start using the hell out of it way after it’s fallen off the “pop” radar. Velcro has tons of uses, but has never replaced buttons or any other fastener – except in certain niche products.
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Now, that Bell Curve isn’t really just 2D-flat. It’s actually more of a bump, with niches and passions on every side. And that bump wouldn’t necessarily be smooth – as you might have mini-dips as your product transitions from one niche to another, going out of style over here while ramping up as popular over there – and there.
Against time, you might find that a certain passion-niche remains steady for demand of an item (like farmers and their jeans – they’ve become consumers of the cheap and durable) – so you have a tunnel-effect throughout the overall life-cycle. Demands for gold-miners peaked years ago, and there certainly aren’t as many farmers as their used to be, but people have gardens and like to go outdoors and so need durable pants-type clothing.
A 3D graph colored by niche would show all sorts of amazing interactions. But no one goes this way, so we’ll leave that be.
Your takeaways today?
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Passion and Pop are just different niches.
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One’s contraction is another’s expansion, dip or no dip.
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Don’t figure that the passionate are always first.
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But there is always early adopters for every niche, as well as late adopters.
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And, as always, product life cycles can be re-started through brilliant marketing – which is, again, creating a market for a product.
Seth’s Blog: Avoiding the Passion Pop Gulf:
“The reason you need to care is that gap in the middle. Every day, millions of businesses get stuck in that gap. They either move to the right in search of the masses or move to the left in search of authenticity, but they compromise. And they get stuck with neither.”
Some additional posts of interest:
The 5-part formula for building your community – an introduction
Posted by robertworstell in Marketing Research on October 30, 2009
The O.G.R.E.S. method of community building
Charles Helfin figured out these 5 steps years ago and they are still the most breaking-edge method of finding and building your community, let alone learning how to serve it. Swap out “target audience” for community and this makes even more sense.
1. Observe – Using resources at your disposal you observe content that is published that is of interest to your target audience. (First, of course, describe your target audience. You’ve got to know them inside out. Demographics? Hot buttons? What REALLY motivates them?)
2. Gather – As you locate meaningful information, Gather it into the technologies (social networks) that you have chosen. (You must find very good resources for documents, audios, videos, photos, pdf’s, software, etc., that would be in high demand by your target market… Gather this information into the social networks you have chosen.)
3. Reward – Spend time in each network Rewarding other members by voting for their stuff (if you find it useful). Comment on the posts they make, reply to comments you receive. This is all rewarding for the recipient and is integral to fostering relationships.
4. Engage – Use the content that you Gather to engage your target audience. Use the tools available in the social networks you have chosen to Engage your friends and followers.
5. Seek – Look for friends in your target audience who also Observe, Gather, Reward and Engage. (As you do your “Gather” step, keep a sharp eye out for content that would appeal to others who want to Engage. You are looking for networkers, and the more value you can bring them, the more of them you will find and the more will find you.)
All relationships are founded, fostered and built by using this formula either online or off. Your relationship with your family members has this formula at its core. For example, you visit the grocery store and “observe” the high price of milk. You then “Gather” that and other supporting information into your memory banks. After that, you “Engage” a member of your family with this information. In relationships you “Seek” others who may be interested in hearing about the high price of milk (aka. your target audience).
As in all relationships, your content must be targeted to your market – what they value, what they want. If your gathering and engaging isn’t relevant, then your relationships will suffer in life as well as on the Internet.






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