Full Transcript:
Ed Kohler: Welcome to the Technology Evangelist podcast, this is Ed Kohler and
I am here with Benjamin Higginbotham as usual and today in studio we have Ben
Deneen. Ben tell us who you are with and what are you here for?
Ben Deneen: Hello everyone, thanks for having me here. I work with Minnesota
School of Business which actually encompasses several different educational
institutes within this state and in Utah, IPR Minnesota School of Cosmetology,
new horizons computer centers, Utah Career College, etcetera, etcetera
and we keep expanding quite a bit, so I…
Ed Kohler: What you do there?
Ben Deneen: I am essentially there Interactive Marketing - Director, myself.
Everything that has to deal with SEO/SEM paper click marketing where
obviously email campaigns all on those lines.
Ed Kohler: So, is this as interactive marketing kind of relatively new venture
for those schools or is it, it sounds like…
Ben Deneen: In some degree yes, I would say that traditionally it is
relatively new like probably within last three to four years. That’s when they
really started getting into, I have only been there for about a year and a
half, they really started to get into paper click advertisement essentially
and really noticed immediately what results I can get off of it, so, but more
recently we have obviously ramped up in every area we use now, exact target
for email, opt-in emails and just essentially trying to engage all of our
target audience.
Ed Kohler: So, how does school use, paper click marketing?
Ben Deneen: Well, for us our name is absolutely great for our natural search,
so if you are looking for a business school at Minnesota, it is fantastic.
Well, Minnesota School of Business offers accounting degrees, message
therapy, all kinds of different career college degrees and careers
which are kind of tough to get up in natural search. I mean you can do
it, essentially, but you have a lot of competition out there, so with paper
click advertisement we can really drive potential customers, potential
students right to a specific line in page or one of our course descriptions,
on that course description we would have a form that we can capture
their information and essentially we get a cost pre-lead of that, then we
can roll that into our entire marketing form, so.
Ed Kohler: And I see, you are measuring cost pre-leads and then tracking those
leads through to find out how many registrations you are getting out of that?
Ben Deneen: Absolutely, we have brought now at right from whichever specific
key word all the through to whether that person turn into an enrollment ,
if they how far the long they got as far as like and this is probably given
away a lot of our stuff.
Ed Kohler: What is you best key word?
Ben Deneen: Minnesota School of Business, which seems ridiculous that we would
buy that both, it is actually one of our best, that is our best key word or
globe college, whichever specific school that we are talking about usually the
name itself is our best key word, we buy it because one of our competitors
might buy it and try to at least be in the paid advertisement above us, so.
Ed Kohler: You may as well as much real estate you can on this search results
page.
Ben Deneen: Right, absolutely.
Ed Kohler: And if they give like crazy, the ROI has to be awesome as well…
Ben Deneen: Yeah, exactly makes me look good at my job.
Ed Kohler: Right, something has to it I suppose?
Ben Deneen: Yeah, I agree.
Ed Kohler: So, reason for bringing here today was you mentioned that you were
experimenting with Google Radio and this is relatively new service and still
kind of beta and so what you can tell us about that?
Ben Deneen: Well, we have only been looking into it for last few weeks here
and incidentally this is been overshadowed by Google TV ads which, some of you
might know what’s that, on Tuesday they had a press release, Google had press
release there working with Dish Network now, but what we can talk about that
may be a little bit later, but Google Radio it is interesting that Google is
venturing often to your more of your traditional marketing areas, they have
already tried this with Google Publications and which is gone up now to them I
know they are trying to begin with actually quite a bit more success, it
sounds like, but with Google Radio what I have known is right away is that it
is built right into your Google AdWords council, so it is very familiar for me
going in there took me about, I just had a test campaign, it took me about 10
minutes to setup one and then I showed it to my boss, who is 62-years-old and
he is, it is good to say that, he is not far stretched that he is technically
not very savvy, but even he was like well this is amazing, it is really
self-explanatory, so.
Benjamin Higginbotham: Lets backup?
Ben Deneen: OK.
Benjamin Higginbotham: Describe what is Google Radio?
Ben Deneen: I am sorry, I apologize. It is part of the Google AdWords Council,
but Google has actually partnered with many radio stations, so you can upload
your mp3 ads which you put everything in mp3 or Wave format, I think they
accept also and actually create your ads in house and upload them to Google
within their council and they will play on select radio stations, within your
demographic however, you would select it, so, it is just taking the ad agency
out of bit, or working directly with that individual radio stations sales
person, so.
Ed Kohler: Are you making your ads in house or are you working with outside
firms who do that?
Ben Deneen: We, actually one of our schools is Broadview, so we actually can
do our TV commercials and radio ads all in-house, but what’s interesting about
you bring that up, Google actually can pair you up with somebody and you give
them a budget of how much money you want to spend in though carry up with
somebody.
Ed Kohler: OK, so they setup with third vendors and then…?
Ben Deneen: Yeah, I mean I think as a vendor you can actually contact them and
say “hey, I want to be one of your preferred vendors”, so.
Benjamin Higginbotham: What kind of radio stations is this going to play on?
Is this going to be…this isn’t going to be my top 10 radio stations in the
market I assume, I assume this can be the smaller stations?
Ben Deneen: Well, what’s it is interesting you bring that up, because as you
go through the first part of it, I mean you just can create your budget and
few other things, you choose your demographics, male/female and in our case it
is male/female, 18 to 35, for most of our campuses and you get down to the
area where you are selecting the formats or the stations, you would think “OK,
well which stations are we going to, how can we play this on” and it doesn’t
give you an option to choose the stations, it just tells you, I think your
three choices here are like, play my ad on all stations that the farthest
reach essentially. Then it gives you all the different Jazz stations, news
stations and it tells you how many it has within your target market. So, if we
are taking Minneapolis match over here which probably incomes St Cloud and all
the way over to Hudson, Wisconsin. We have about 11 stations, in it shows
which if one in pop, one in news, one in adult contemporary and then it
actually goes down further into, it is called Arbertron, people aren’t
familiar with that, that’s radio’s version of news and ratings. So, you can go
through and select it and really go down, but at no point are you able to say
I want KDWB or something like that.
Ed Kohler: Imagine they are doing that because they are buying their inventory
at rock bottom prices and…
Ben Deneen: Yeah, absolutely.
Ed Kohler: So, they want to compete against the stations themselves?
Ben Deneen: Yeah, that’s my assumption too. I mean they don’t want to, they
are trying to get Google is trying to get the inventory aligning with stations
and you are absolutely right and they are getting this at such an amazing
cost, we did, after I did this first one, I just showed it to our marketing
director and he said, here is what we get this as far as like what we can
guarantee for number of plays and it is about us was about tenth of the cost
of our normal buy.
Ed Kohler: Really?
Ben Deneen: Yeah.
Ed Kohler: Let’s price that if we can.
Ben Deneen: Yeah, I mean, he just let up, he is like lets buy as much as we
can, right now and so it might go, hold on lets research this a little bit
more, but…
Benjamin Higginbotham: Research measures …
Ben Deneen: Yeah, exactly.
Ed Kohler: Well, you can screw up a lot if the cost is 10% of what normally
is?
Ben Deneen: Yeah, absolutely.
Ed Kohler: You can make three times more mistakes, and still come up with
that?
Benjamin Higginbotham: Awesome.
Ben Deneen: Yeah, exactly.
Ed Kohler: So, does Google offer you much in terms of reporting?
Ben Deneen: Well, I think it is getting closer and they are, obviously
whenever you are dealing with something where you can’t measure in the sense
of clicking through and you have absolute analytics on it, it is always a
little bit skewed, but I think what’s pretty cool about this is actually the
reporting what you will get back from the reporting is, you can select your
slots and you can reserve times and it is varied, it brings really into your
control which is great, because the amount of time spent dealing with radio
stations and what not, can be utilized somewhere else, but after you are
reporting that you get back is actually when the ad played, which ad played
and you can actually click on the ad and it brings up the spot and you can
listen to it, but you know the exact time. Well, there is a couple of ways you
can measure this, you could actually have a 800 number or something along
those lines, where people call in. I tend to think that, that doesn’t
necessarily work much anymore, because at least my gut feeling and I can
actually prove this a lot to our analytics is that people does go Google, the
name if it is a response half of that radio advertisement or TV advertisement
or typing the address. So, one way to measure it is look at that exact time,
look at your analytics and see your spike and your web traffic, so that’s
probably the easiest and it is all with in the same council what’s great about
is like more we are not waiting on our ad agency of we are waiting on the
radio station to report back, so we can actually look at, “oh, we can
attribute this extra traffic to that time”, it is all right there for us and
we can go as far as exported into XML and all continued within one report, so.
It is bringing us closer to have them everything together, so.
Ed Kohler: Sure. What kind of minimum ad buys are people looking at, if they
want just start experimenting with this?
Ben Deneen: I think you can go down to, if you have a small demographic area
100 bucks per week or something like that, it is pretty small. I did for
example through an 500 per week for the Fargo area, Fargo /Moorhead Valley
area and it did it for the entire quarter, I tried to max it out and I got, it
is on a CPM basis, I got something like a million gross impressions or
something like that and it was only $1,400. Well, that would have been close
to $20,000 on a traditional buy, I am sure, but we have to wait for the
results, I mean talk to you guys about a month here and see if we actually got
these exact results of their predicting, so.
Benjamin Higginbotham: Can I go nationals as well, can I just say this is a
national spot, go across blank the country?
Ben Deneen: Absolutely, Western Unions using it right now, I think 1800
flowers or something like that is having western union’s, yeah you can buy
everything nation wide and…
Benjamin Higginbotham: How much would a nationwide spot cost? I mean just
rough idea?
Ben Deneen: Pull up your computer, it is fairly I think your cost your CPM is
probably right around 2 bucks and if you do a nationwide just blanket, every
demographic and headed all,
Benjamin Higginbotham: That’s just a guess?
Ed Kohler: We are on radio?
Ben Deneen: Yeah, absolutely which I am assuming it is Western Union rather is
using it right now. Yeah, so it is very cost effective and the winners really
are what I see at least is your in-house ad agencies, radio stations probably
a double edged sword did, they kind of thinking well, “trust your old radio
stations has been going down for years, now” and they could either charge
their full price through their sales person in-house or get whatever 20% your
Google. Well, 20% is better than nothing.
Ed Kohler: You don’t have to pay a sales person anymore?
Ben Deneen: Right, exactly.
Ed Kohler: So, is there much hand holding at all in the process or is it
really trying to be fully automated process, the way they are with more
traditional AdWords?
Ben Deneen: It is pretty much fully automated other than what the exception
now you actually have to create the ad, so but other than that you can have
500 different ads and they are scheduling for different times, I think it is
great for, if your type of business that has like a grand opening or some big
special sale and you just want to flood the radio market within a certain
time. You can schedule ahead have it all ready and really have all that
control on your own hands and yourself. It is fantastic for businesses that
really like to have control over their marketing.
Ed Kohler: So, you are now experimenting with that TV as well?
Ben Deneen: Yeah, I actually just got Google TV ads, it is actually in beta
also and I just got, finally got my invitation for that and so we have about
may be about $5 million per year TV budget and we will absolutely utilize this
right away and Google has aligned with Echo-star which I think is Dish Network
and it is pretty interesting and it’s cutting curious to see what it does go,
but obviously they get far better data from having a set-top there and they
know exactly what TV was on during certain time when they played your ad. So,
you are going to get a lot better data, even though you don’t know somebody
who is sitting in the room, so lot of people will be there TV on, but they
would likely to think that they know exactly who is sitting there, yeah
absolutely when we will probably start working on that next week and get it
going, so.
Ed Kohler: A word about that where they say they are not going to provide too
much information about the actual family that did that set-top box?
Ben Deneen: Yeah.
Ed Kohler: Then I didn’t turn everyone into Nielson family for example.
Ben Deneen: Right.
Ed Kohler: But, I bet there are plenty of people that would be going to do
that if they could get a few bucks off on their satellite?
Ben Deneen: I know a few, I actually…
Ed Kohler: Yeah?
Ben Deneen: Yeah, my girl friend’s mother loves to do that, she has the
Nielson box in their and she plugs it away, but she would absolutely be
somebody who would do that.
Ed Kohler: Making up opportunity there.
Ben Deneen: Exactly.
Ed Kohler: So, Google loves that data.
Ben Deneen: Oh yeah absolutely and I think the more they can bring it in and
make everything transparent which is better for people, like me they are
working in marketing, so.
Benjamin Higginbotham: Well, have you looked at the Google Video interface at
all is it the same as the audio, audio seems like it make sense in mp3 file or
Wave files easy.
Ben Deneen: Right.
Benjamin Higginbotham: A video file is specifically in a format that
televisions don’t understand, little harder.
Ben Deneen: It is, and honestly I don’t say I have not had time to, I just got
the invitation, so it is going to take.
Benjamin Higginbotham: Do you have any other Invites? Can you send me an
Invite.
Ben Deneen: I could probably do, lets see I will talk to, I think his name is
Daniel over Google, I’ll see if he can send, he is my "in".
Ed Kohler: We will have to check back with you about that and also just to see
how things workout with you for the radio side.
Ben Deneen: Sounds good.
Ed Kohler: Thanks a lot for your time.
Ben Deneen: Thanks for having me here.