Overture 101
By David Fishman

There are multiple ways to increase revenue on a site with traffic. It is of course even easier to imagine and implement programs on web sites that are branded and used by millions of consumers on a daily basis without a “direct” invitation by the company. How do companies that are promoting smaller less well known products, and by the same token how do smaller advertisers who are not huge brand names increase revenue when a consumer must receive a direct invitation to even find their product. One way is through a search-based product incorporated into an already designed direct marketing program. 


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Google, Yahoo, MSN search, Find-What, and especially Overture have paved the way and as discussed in past weeks Confidential made CPC (cost per click) one of the most well regarded revenue models in the advertising industry. It is not a tough model to understand or design projections to know how risky the “bet” is when using this model to drive sales or sign ups. However, it is often difficult to understand all the tools available to smaller advertisers, publishers, or networks who often do have time to learn new tools they have not picked up along the way. In this brief article we will explore the ins and out of Overture, one of the leaders in helping sites gain more revenue per user through a CPC model. Owned by Yahoo, Overture advertisers can reach over 80% of Internet users.[1] If you take a closer look and pop the hood, you’ll find a whole suite of useful tools for Marketers being provided by Overture.

1) Precision Match: This is where Overture began, back when it was known as GoTo.com. Precision Match is the original “bid for keyword” search engine, and it’s still a core utility for Overture users. You select your keywords/phrases and the amount you want to pay per click and you are only charged that amount when someone clicks through to your website.

Overture has relationships with Yahoo, MSN, Altavista, Infospace and others. By bidding into the top three positions, you’ll also enjoy exposure on those top search engines as well under what’s called “Sponsored Listings.” For more, see…http://www.content.overture.com/d/USm/ays/index.jhtml

2) Content Match: Unlike “Precision Match,” where your listings appear on search results pages, “Content Match” displays your listings alongside articles, product reviews, etc. Currently these listings appear on many of Yahoo’s content areas (including Entertainment, Finance & Shopping), MSN content areas (including Money & Tech & Gadgets), and other online destinations. Your listing will only appear on Content Pages that are relevant to your service or product.

You can set your bids for Content Match separately from those on Precision Match, giving you the opportunity to track results to see which type is converting best for you.

3) Local Match: If you want to target customers in a certain geographic area then you’ll want to take a look at “Local Match.” This would be perfect for Mom and Pop operators or those who sell products and services to a local crowd only. There is no monthly minimum, with the minimum bid of only 10 cents per click. This service can be used by those who don’t have a website, as Overture sets up a landing page for users of this service. Called a “Locator Page,” it displays a map, store hours and a link to your site (if you have one). Local Match listings appear on CitySearch, AltaVista, Yahoo, AllTheWeb and more.

4) Marketing Console: Helps you to measure all of your online marketing campaigns so you know where you’re getting the best return for your money. Track your Pay Per Click Bids, email ads, banner ads, affiliate program and more. This site will also tell you how well your website is converting leads to actual sales.

5) Site Match: This is a component of Yahoo’s Search Content Acquisition Program. By submitting to “Site Match,” you’ll ensure your pages are reviewed and included in Yahoo, AltaVista, AllTheWeb, and others. Your site will not be shown under “sponsored listings,” but appear in the main body of the search results pages. You must pay an annual fee for inclusion.

6) Conversion Counter: Free tool that tracks the number of conversions that are generated from your keywords listings at Overture.

To use “Conversion Counter,” you’ll need to sign up for it in Overture’s Control Panel, then copy some HTML code onto one page of your site (generally the sales confirmation page).

7) Merchant Solutions: Since Yahoo owns Overture, you’ll also find a variety of tools for small business owners, such as:

A) Shopping Carts

B) Web Hosting and Email Accounts

C) Domain Name Registrations

As you can see, Overture has come a long way from just offering a “one size fits all” Pay Per Click Solution. By utilizing their variety of tools, you’ll increase your website exposure and spend your marketing dollars more wisely.

An easy way to take advantage of the Overture opportunity as a smaller advertiser or publisher is to spawn results from overture off of already present marketing programs. Email’s, pops, banners and every single site has an opportunity to engage the consumer through Overture search results. As a broker, advertiser, or publisher there are always points within the media campaign where “you” control the media experience of the user. These are points where the inclusion of a search result paid on CPC can occur. Certainly Overture is only one of the many choices to work with. Thus spend some time with the Overture tools as almost all the other search programs were in some form designed from this model. Review the competition and see who fits best with your present programs. This will ultimately result in an increase in value per click and per user that will be felt almost immediately by your entire organization.

 
David Fishman
dfishman@ileadmedia.com

 

  Also on the Confidential:

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