JumpFly
Clients Benefit From Yahoo's New Panama Platform
Algonquin,
IL (PRWeb) April 2, 2007 -- Yahoo Search Marketing (YSM) recently
launched "Panama," its powerful new advertising
platform that offers valuable new features and radically changes
how Yahoo's pay-per-click (PPC) ad positioning is determined.
After extensive research and user feedback, Panama was developed
by teams around the world to embrace advances in targeting
technology and better meet the needs of advertisers. JumpFly
account managers confirm that Panama is a substantial improvement
for YSM and that properly upgraded accounts are experiencing
improved results. JumpFly clients have been successfully upgraded
to the Panama platform and they are now benefiting from its
new ranking model and enhanced functionality.
Yahoo's
Panama platform uses an algorithm to determine ad placement,
in sharp contrast to its previous system that ranked ads by
bid amount only (bid-to-position). While the maximum amount
bid on each term still plays an important role at Panama,
this new interface also takes into consideration a "Quality
Index" score that focuses on advertiser relevancy and
ad performance. "All things being equal, better ads get
better click-through rates; so we're incentivizing advertisers
to focus on the quality of the ad message, and not simply
on the bid price," said Steve Mitgang, Yahoo's Senior
Vice President of Advertiser Products and Platform. The Quality
Index's exact algorithm remains a secret, but Yahoo has revealed
that some factors include:
Ad's historical click-thru-rate (CTR) - a ratio determined
by the number of times a user clicks on an online advertisement
to the number of visitors who view it. Higher CTRs result
in an improved Quality Index.
Relation of keyword bid to the wording used in the ad copy,
title and display URL - Quality Index will improve if a chosen
keyword shows-up in the actual ad and URL.
Landing page quality - this will be a "small" part
of the Quality Index score.
The graphic
below helps illustrate a scenario that may result from this
change:
Upgrading
to Panama's new system is not an option. "Advertisers
were given the opportunity to prepare for the new platform
change, or have their accounts transferred over to the new
platform automatically, which frequently results in an unorganized
mess that is a serious challenge to manage," said Jack
O'Donnell, JumpFly Vice President. "Furthermore, advertisers
that do not properly upgrade their YSM accounts will likely
see substantially different positioning and unintended ad
copy. Advertisers now face a larger challenge to properly
implement & manage these ever-changing advanced features,
making our service more valuable then ever."
Yahoo's
previous interface had become outdated, but YSM's platform
overhaul resulted in the availability of many valuable new
features, including local geo-targeting, detailed scheduling
capabilities, multiple ad creation abilities and indirect
conversion tracking.
Local
Geo-Targeting:
Advanced
mapping technology, courtesy of Yahoo's 2005 purchase of WhereonEarth,
enables advertisers to target specific regions, or a city
and its surrounding areas. For some advertisers, this is an
extremely significant enhancement that enables them to effectively
reach locally targeted markets.
Detailed
Scheduling Capabilities:
Ad scheduling
enables advertisers to modify how much they bid for keywords
based on time-of-day and day-of-week cycles in a given ad
campaign. This powerful feature can help advertisers improve
ROI by ensuring that ads run when it makes the most business
sense. For instance, a local business may only want to run
their ads during business hours, or an online retailer may
want to boost their bids during their busier-than-normal lunchtime
shopping period.
Multiple
Ad-Creation Abilities:
Advertisers
can develop multiple ad creatives and either display them
randomly or based on the highest CTR. Additionally, both a
short and long description can be supplied to ensure the most
appropriate ad will be displayed in every situation.
Indirect
Conversion Tracking:
YSM's
analytics tag enables Panama users to track what Yahoo calls
"assists", or keywords that generated a lead prior
to a successful conversion. The vast majority of tracking
systems attribute conversions to the last keyword searched
for, but keyword assist information may help advertisers make
more informed decisions. For example, let's assume a user
searches for the term "teddy bear" and then clicks
on the PPC ad for 800Bear.com. They may look at the website,
but not order at that time. If that user comes back to Yahoo
a week later and performs a slightly different search, this
time for "custom teddy bear," and once again sees
and goes to 800Bear.com, the conversion will be attributed
to "custom teddy bear," but the assist goes to "teddy
bear." Knowing which terms provided assists can help
marketers place proper bids on those terms, which at first
glance may not in themselves appear to earn high conversion
rates.
"We're
impressed by the results that many of our clients are enjoying
as a result of being properly upgraded to Panama. This platform
is a great improvement over the previous system," said
Brad Garlin, JumpFly Managing Partner. "However, advertisers
that haven't taken the necessary time to upgrade, or don't
understand the new system, are failing to take advantage of
a tremendous opportunity. We're proud to provide our clients,
as well as new potential clients, the best possible results
available from this powerful new platform."
For additional
information about JumpFly, please contact Brad Garlin or visit
www.JumpFly.com.
About
JumpFly:
JumpFly
professionally develops, implements and manages Google AdWords,
Yahoo! Search Marketing and Microsoft AdCenter Pay Per Click
Advertising accounts, enabling clients to maximize Internet
advertising results while saving time and money. Proper setup
and management of these powerful programs will likely make
the difference between an advertiser's success or failure.
JumpFly's full-service solution enables clients to focus on
their core business while attaining the best possible results
from their Search Engine Marketing campaigns. JumpFly is a
Qualified Google AdWords Company, Yahoo! Search Marketing
Ambassador and Microsoft AdCenter Premium Partner.
Contact:
Brad Garlin,
Managing Partner
JumpFly
877-239-9610
http://www.JumpFly.com
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