Comments on: Local Search: Yellow Pages vs. Google? http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/ Wed, 07 Jan 2009 00:39:35 +0000 http://wordpress.org/?v=2.6 By: Richard Laurence Baron http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/#comment-32 Richard Laurence Baron Wed, 20 Aug 2008 11:21:13 +0000 http://blog.spurinteractive.com/?p=71#comment-32 Steve: I've come late to this party but I welcomed reading John's inputs. There's no question that the Googleplex is gaining dollars from YP but YP has worked hard to build and maintain credibility. The ability of the Yellow Pages to direct sales to specific businesses is still rather remarkable; and although various pubs' salespeople are about as pushy as God can make salespeople, I don't think YP is outbound quick so soon. Ta for Wednesday. Steve: I’ve come late to this party but I welcomed reading John’s inputs. There’s no question that the Googleplex is gaining dollars from YP but YP has worked hard to build and maintain credibility.

The ability of the Yellow Pages to direct sales to specific businesses is still rather remarkable; and although various pubs’ salespeople are about as pushy as God can make salespeople, I don’t think YP is outbound quick so soon. Ta for Wednesday.

]]> By: nick http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/#comment-23 nick Fri, 15 Aug 2008 02:02:20 +0000 http://blog.spurinteractive.com/?p=71#comment-23 I can tell you that the last few years the yellow pages has taken a SERIOUS DIVE. Fortunately I moved quickly and place my bets (advertising dollar) in the direction of Google, Yahoo and MSN. It was a great move to say the least. I was so happy that my ATT sales people told so long by our management because I was getting a little tired of them brainwashing me over the years. Yellow Pages print ads are going to die superfast. I am however a little impressed with their surge to go online themselves and try and win the local search market. I expect they will ultimately be squashed by Google/Yahoo. I can tell you that the last few years the yellow pages has taken a SERIOUS DIVE. Fortunately I moved quickly and place my bets (advertising dollar) in the direction of Google, Yahoo and MSN. It was a great move to say the least. I was so happy that my ATT sales people told so long by our management because I was getting a little tired of them brainwashing me over the years. Yellow Pages print ads are going to die superfast. I am however a little impressed with their surge to go online themselves and try and win the local search market. I expect they will ultimately be squashed by Google/Yahoo.

]]> By: John http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/#comment-22 John Thu, 14 Aug 2008 21:37:22 +0000 http://blog.spurinteractive.com/?p=71#comment-22 You bring up a great point when talking about ROI. It is almost a sure thing that CPM will be lower on a search engine simply because people who use the Yellow Pages are looking for a specific product of service in a specific georaphic area. This means that they are ready to buy and not in the research phase like most onine search. The fact is that you can find more locally relevant information in a phone book and online yellow pages than on a search engine. You are right when you say that search is more measurable if you are talking about clicks. It becomes much harder to measure what happened to the click and if it resulted in a sale. Yellow Pages conducts call measurement studies allowing a business to calculate the exact number of phone calls that an ad generated, and from there they can track their actual ROI. "Yellow Pages sales return on investment is more than 27:1 for national display advertisers and nearly 13:1 for local display advertisers" Sourcehttp://www.marketingvox.com/yellow-pages-deliver-robust-roi-for-advertisers-037813/ You bring up a great point when talking about ROI. It is almost a sure thing that CPM will be lower on a search engine simply because people who use the Yellow Pages are looking for a specific product of service in a specific georaphic area. This means that they are ready to buy and not in the research phase like most onine search. The fact is that you can find more locally relevant information in a phone book and online yellow pages than on a search engine.

You are right when you say that search is more measurable if you are talking about clicks. It becomes much harder to measure what happened to the click and if it resulted in a sale. Yellow Pages conducts call measurement studies allowing a business to calculate the exact number of phone calls that an ad generated, and from there they can track their actual ROI.

“Yellow Pages sales return on investment is more than 27:1 for national display advertisers and nearly 13:1 for local display advertisers” Sourcehttp://www.marketingvox.com/yellow-pages-deliver-robust-roi-for-advertisers-037813/

]]> By: Devin http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/#comment-21 Devin Thu, 14 Aug 2008 15:33:54 +0000 http://blog.spurinteractive.com/?p=71#comment-21 Is there empirical evidence as to the shift? Not quite, but nonetheless, there is certainly a shift happening. That much is inarguable. Greg Sterling had an interesting bit from a presentation Dan Hobin gave at SMX Local and Mobile in San Francisco a few weeks ago that is, at the very least, observational data from G5's Media Dashboard. That dashboard can compare advertising results across all media types, so it's a somewhat reasonable assumption that the numbers are solid. You can see that here:http://gesterling.wordpress.com/2008/07/28/new-yp-reality-leverage-all-channels/ Oh. And great job on your blog. Now where is my Starbucks card? Is there empirical evidence as to the shift? Not quite, but nonetheless, there is certainly a shift happening. That much is inarguable.

Greg Sterling had an interesting bit from a presentation Dan Hobin gave at SMX Local and Mobile in San Francisco a few weeks ago that is, at the very least, observational data from G5’s Media Dashboard. That dashboard can compare advertising results across all media types, so it’s a somewhat reasonable assumption that the numbers are solid.

You can see that here:http://gesterling.wordpress.com/2008/07/28/new-yp-reality-leverage-all-channels/

Oh. And great job on your blog. Now where is my Starbucks card?

]]> By: John http://blog.spurinteractive.com/2008/08/07/local-search-yellow-pages-vs-google/#comment-10 John Fri, 08 Aug 2008 13:12:57 +0000 http://blog.spurinteractive.com/?p=71#comment-10 I have spent the last 20 years selling media and the last 5 selling both Google, Yahoo, MSN and Print YP. I can tell you that the answer is not one or the other. It is highly dependent on your type and size of business. There is also a huge difference between the advertising industry's obsession with CPM and a business owner's obsession with cost per call and ROI. For service businesses in particular, there is no substitute for print in ROI terms. Period. We have run thousands of ads with tracking phone numbers that print nowhere else but the YP including directory assistance. Consistently I have seen businesses like plumbers, AC, Roofers, remodelers, and attorneys pay $4,$5,$6 a call (not click) with average values of a new customer ranging from several hundred to several thousand $$. A typical small business needs less than 1 new customer a quarter in these types of business to post a profit and typically the smallest ads are yielding 20-30 calls/month. In addition, read the latest article in Ad Age by Peter Francese and you will see very compelling information including the average head of household is now 49.5 years, and the enormous spending power of 55 yrs+ head of household. That being said, there is no question that most every business I talk to is encouraged to start migrating a portion of their ad budget online. I think eventually you will see most commerce on this medium, however for certain small businesses it is sex appeal and popularity, not rational thought or evidence driving their migration. As an example, in some markets I have the pay per click prices are running $3-$6 a piece and conversion rates from clicks to calls typically run 2%-5% based on tracking. I have spent the last 20 years selling media and the last 5 selling both Google, Yahoo, MSN and Print YP. I can tell you that the answer is not one or the other. It is highly dependent on your type and size of business. There is also a huge difference between the advertising industry’s obsession with CPM and a business owner’s obsession with cost per call and ROI. For service businesses in particular, there is no substitute for print in ROI terms. Period. We have run thousands of ads with tracking phone numbers that print nowhere else but the YP including directory assistance. Consistently I have seen businesses like plumbers, AC, Roofers, remodelers, and attorneys pay $4,$5,$6 a call (not click) with average values of a new customer ranging from several hundred to several thousand $$. A typical small business needs less than 1 new customer a quarter in these types of business to post a profit and typically the smallest ads are yielding 20-30 calls/month. In addition, read the latest article in Ad Age by Peter Francese and you will see very compelling information including the average head of household is now 49.5 years, and the enormous spending power of 55 yrs+ head of household.

That being said, there is no question that most every business I talk to is encouraged to start migrating a portion of their ad budget online. I think eventually you will see most commerce on this medium, however for certain small businesses it is sex appeal and popularity, not rational thought or evidence driving their migration. As an example, in some markets I have the pay per click prices are running $3-$6 a piece and conversion rates from clicks to calls typically run 2%-5% based on tracking.

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