Yahoo's Project Panama overhauled the company's paid search platform to improve usability and bring its capabilities more in line with competitors like Google. While the changes benefit large advertisers through features like improved campaign structuring and budgeting tools, the new system remains more complex and time-consuming than alternatives. Panama also improved geo-targeting and contextual advertising tracking. However, reporting functionality still lags behind industry leaders in terms of flexibility and speed. Overall, Panama addresses some scalability issues for large campaigns but has further room for improvement to simplify use and match top competitors.
Cuadro comparativo del antiguo código y el actualdaiana suligoy
el archivo adjunto se trata de un documento que trata de explicar los cambios concretos que sufrió la legislación anterior Argentina y porque conceptos fue suplidos
Cuadro comparativo del antiguo código y el actualdaiana suligoy
el archivo adjunto se trata de un documento que trata de explicar los cambios concretos que sufrió la legislación anterior Argentina y porque conceptos fue suplidos
Celeste Alvarez Atencia. Alumna del curso implementa practicas laborales mejoradas de la profesora Elsa Piedad Tobon de la Fundacion Universitaria Catolica del Norte.
Estudiante de Tecnologia en Gestion de Servicios Financieros.
BASADO EN: Hernández, P. J. A., Gallarzo, M., & Espinoza, M. J. D. J. (2011). Desarrollo organizacional. México: Pearson Educación. http://site.ebrary.com/lib/univucnsp/reader.action?ppg=321&docID=10957585&tm=1443302681187
Bing makes up 30% of your pay-per-click portfolio.
Learn to optimize Bing to within an inch of its life.
Monitor budget split on Bing and Google: Drive volume and low-cost conversions across networks.
Maximize yield: Is your campaign reaching its full potential? Share Voice Metrics can give you actionable insight at every level.
Zero-effort optimization: Proactive Bid Recommendation tool identifies keywords "on the cusp of greatness".
Get really advanced: Bing Ads Intelligence changes the way you understand your business and your buyers.
In this deeply technical, hands-on webinar, Trada and Bing will show you how to maximize profitability on Bing Ads, while reaching 53 million unduplicated users.
4. Microsoft-Yahoo Search Alliance - Search University 3Semetis
The Microsoft-Yahoo! Search Alliance: update and expected impact on the Search Advertising Landscape in Europe: Gilles Rousseau is the European responsible for the famous Search Alliance which is the merge between Microsoft Search Engine, Bing, and Yahoo Search Engine. He will explain the integration of both platforms in terms of technology, audience and advertising. He will then speak more specifically about Belgium and what it means to Belgian online advertisers.
6Running Head MT400Candace PooleBusiness Proces.docxalinainglis
6
Running Head: MT400
Candace Poole
Business Process Management
MT400
November 14, 2016
When we want to do progress we need expert advice and without expert advice it's too tough carry things according to objectives of company. To move in excellence zone companies use stakeholder engagement in order to improve their corporate policies. Stakeholders are of two types internal as well as external.
I selected Amazon and stake holders of Amazon includes
· Customers: They are related to the company in relation to sales and their objective is to get quality products like books digital contents and all other products company sells that customers use on daily basis.
· Suppliers: They supply different things to company and want development in company so that they can sell more to the company and reap good profits.
· Society: Amazon help many social communities like orphan houses, hunger trust and many other NGO's for welfare cause, their main objective is progress of company so that they can get more help from company.
· Governments: Government is a main stakeholder because government offer certain subsidies and collect taxes from company.
· Shareholders and the financial community: Shareholder want the development of company as they share profit of company and all those financial institutes who lends to the company also share profit and dividends.
Process is intended to provide its customer knowledgeable digital contents and cloud computing facilities to the general public in order to raise educated community. Success is to accomplish the goal of providing quality contents and solution to cloud computing. Goal is to effective contents and to make agreements with supplier in order to accomplish the order of client.
Metric 1: Customer Satisfaction Score:
1. Definition:
To make customer happy and service quality better in order to reach on apex of success.
2. Significance in assessment
Customer satisfaction is the key player to accomplish all goals and objectives of company.
3. Example: To check via surveys whether customers are satisfied and happy with services of company.
Metric 2: Perfect order percentage (POP)
1. Definition: An effective measure to check the percentage of orders that are perfectly taken processed, and accomplished according to the exact need of customer.
2. Significance: It's very important measure to check whether POP will accomplish the goal of quality milk of company.
3. Example: To check the list of order processing and customer feedback
Metric 3: Gross Margin
1. Definition: What percent of Profit Company is reaping from each sale?
2. Significance: Its main indicator or metric of success in any process. It ensures whether company is on right track to accomplish its goals.
3. Example: Amazon reaping 31.91% gross margin on sale of ecommerce related products and cloud computing services.
Identify two quick wins for your process. For each, describe a quick win is a visible improvement in the.
ClickZ has launched an innovative new series of buyers guides, created with the aim of cutting through the complexity of the technology landscape to help our community of readers make better decisions about vendors. The first of this series is dedicated to bid management platforms, which help brands maximize the returns on their PPC, social media, and display advertising budgets.
The role of a bid management platform has changed significantly over the past decade, in line with the increased sophistication of the digital media industry. With over $90 billion spent on paid search in 2017, these software packages play a vital role in deriving maximum value from a brand’s digital media budget.
The core component of the ClickZ bid management vendor guide is our customer survey, which received over 1,600 responses.
Tracking and Automating Ad Activities (intermediate)Pinar Guler
In previous webinars, we have successfully built the foundations for a well-structured Apple Search Ads account. Now comes the question; how do you optimize it? Are you going to deal with every single KPI and do all the tasks manually? We will be covering how to automate your ad activities.
What we'll cover includes how to:
- Automate all manual tasks & save time
- Track metrics based on goals
- Create custom metrics
- Match in-app conversion-related metrics
- Set up different goals for different KPI’s
- Best use case scenarios
KPI Myopia - Why Do Marketers Focus On Conversions And Ignore RevenueSemetrical
Introducing SAM Technology from Semetrical - helping get backend metrics (revenue/lead score etc) into analytics platforms (e.g. Google Analytics).
Redefine “Success” around these new metrics and maintain existing processes.
Take actions which actually lead to value generation.
Celeste Alvarez Atencia. Alumna del curso implementa practicas laborales mejoradas de la profesora Elsa Piedad Tobon de la Fundacion Universitaria Catolica del Norte.
Estudiante de Tecnologia en Gestion de Servicios Financieros.
BASADO EN: Hernández, P. J. A., Gallarzo, M., & Espinoza, M. J. D. J. (2011). Desarrollo organizacional. México: Pearson Educación. http://site.ebrary.com/lib/univucnsp/reader.action?ppg=321&docID=10957585&tm=1443302681187
Bing makes up 30% of your pay-per-click portfolio.
Learn to optimize Bing to within an inch of its life.
Monitor budget split on Bing and Google: Drive volume and low-cost conversions across networks.
Maximize yield: Is your campaign reaching its full potential? Share Voice Metrics can give you actionable insight at every level.
Zero-effort optimization: Proactive Bid Recommendation tool identifies keywords "on the cusp of greatness".
Get really advanced: Bing Ads Intelligence changes the way you understand your business and your buyers.
In this deeply technical, hands-on webinar, Trada and Bing will show you how to maximize profitability on Bing Ads, while reaching 53 million unduplicated users.
4. Microsoft-Yahoo Search Alliance - Search University 3Semetis
The Microsoft-Yahoo! Search Alliance: update and expected impact on the Search Advertising Landscape in Europe: Gilles Rousseau is the European responsible for the famous Search Alliance which is the merge between Microsoft Search Engine, Bing, and Yahoo Search Engine. He will explain the integration of both platforms in terms of technology, audience and advertising. He will then speak more specifically about Belgium and what it means to Belgian online advertisers.
6Running Head MT400Candace PooleBusiness Proces.docxalinainglis
6
Running Head: MT400
Candace Poole
Business Process Management
MT400
November 14, 2016
When we want to do progress we need expert advice and without expert advice it's too tough carry things according to objectives of company. To move in excellence zone companies use stakeholder engagement in order to improve their corporate policies. Stakeholders are of two types internal as well as external.
I selected Amazon and stake holders of Amazon includes
· Customers: They are related to the company in relation to sales and their objective is to get quality products like books digital contents and all other products company sells that customers use on daily basis.
· Suppliers: They supply different things to company and want development in company so that they can sell more to the company and reap good profits.
· Society: Amazon help many social communities like orphan houses, hunger trust and many other NGO's for welfare cause, their main objective is progress of company so that they can get more help from company.
· Governments: Government is a main stakeholder because government offer certain subsidies and collect taxes from company.
· Shareholders and the financial community: Shareholder want the development of company as they share profit of company and all those financial institutes who lends to the company also share profit and dividends.
Process is intended to provide its customer knowledgeable digital contents and cloud computing facilities to the general public in order to raise educated community. Success is to accomplish the goal of providing quality contents and solution to cloud computing. Goal is to effective contents and to make agreements with supplier in order to accomplish the order of client.
Metric 1: Customer Satisfaction Score:
1. Definition:
To make customer happy and service quality better in order to reach on apex of success.
2. Significance in assessment
Customer satisfaction is the key player to accomplish all goals and objectives of company.
3. Example: To check via surveys whether customers are satisfied and happy with services of company.
Metric 2: Perfect order percentage (POP)
1. Definition: An effective measure to check the percentage of orders that are perfectly taken processed, and accomplished according to the exact need of customer.
2. Significance: It's very important measure to check whether POP will accomplish the goal of quality milk of company.
3. Example: To check the list of order processing and customer feedback
Metric 3: Gross Margin
1. Definition: What percent of Profit Company is reaping from each sale?
2. Significance: Its main indicator or metric of success in any process. It ensures whether company is on right track to accomplish its goals.
3. Example: Amazon reaping 31.91% gross margin on sale of ecommerce related products and cloud computing services.
Identify two quick wins for your process. For each, describe a quick win is a visible improvement in the.
ClickZ has launched an innovative new series of buyers guides, created with the aim of cutting through the complexity of the technology landscape to help our community of readers make better decisions about vendors. The first of this series is dedicated to bid management platforms, which help brands maximize the returns on their PPC, social media, and display advertising budgets.
The role of a bid management platform has changed significantly over the past decade, in line with the increased sophistication of the digital media industry. With over $90 billion spent on paid search in 2017, these software packages play a vital role in deriving maximum value from a brand’s digital media budget.
The core component of the ClickZ bid management vendor guide is our customer survey, which received over 1,600 responses.
Tracking and Automating Ad Activities (intermediate)Pinar Guler
In previous webinars, we have successfully built the foundations for a well-structured Apple Search Ads account. Now comes the question; how do you optimize it? Are you going to deal with every single KPI and do all the tasks manually? We will be covering how to automate your ad activities.
What we'll cover includes how to:
- Automate all manual tasks & save time
- Track metrics based on goals
- Create custom metrics
- Match in-app conversion-related metrics
- Set up different goals for different KPI’s
- Best use case scenarios
KPI Myopia - Why Do Marketers Focus On Conversions And Ignore RevenueSemetrical
Introducing SAM Technology from Semetrical - helping get backend metrics (revenue/lead score etc) into analytics platforms (e.g. Google Analytics).
Redefine “Success” around these new metrics and maintain existing processes.
Take actions which actually lead to value generation.
This is a short presentation of the digital services which Xplora BG provides and the approaches the company has singled out as successful for its work.
Over the last decade or so, a new category of software called partner relationship management software or PRM software has been evolving rapidly. What’s the primary driver behind this evolution? Organizations are recognizing the need to build a direct sales force that can increase their reach and drive sales at a lower cost.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Improving profitability for small businessBen Wann
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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1. INSIDE YAHOO PANAMA
Reprise Media’s in-depth examination of the ‘new’’
Yahoo Search Marketing system and its impact on marketers
Executive Summary
In March 2007, Yahoo completed a long awaited update to their search engine marketing system. This update,
known throughout the industry as “Project Panama,” was an attempt to improve the overall usability of the sys-
tem and bring Yahoo’s capabilities in line with market leader, Google.
While most of the market has focused on Yahoo’s financial performance in the wake of the release, the
changes to Yahoo’s infrastructure may have a more significant impact on the search marketing community.
The following report is an extensive review of Yahoo’s new Panama upgrade, including scores for nearly every
aspect of the system.
In short, while it was found to be a significant upgrade over the previous Yahoo DTC (Direct Traffic Center)
system (especially for enterprise-grade clients), there are several challenging aspects of the Panama upgrade
that may impede Yahoo’s ability to access the long tail of the market.
Table of Contents
Authors
Kinjal Parikh
1. Evaluation Criteria . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Kate Zimmermann
Maggie Soffer
2. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Anthony Iaffaldano
3. Performance Impact. . . . . . . . . . . . . . . . . . . . . . . . . . 4
Contributors 3. Campaign Management. . . . . . . . . . . . . . . . . . . . . . . 6
Jocelyn Bourguignon
John Chan 4. User Interface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Paul Chapman
Stephen Chiles 5. Systems Integration . . . . . . . . . . . . . . . . . . . . . . . . . 10
Eric Friedman
Peter Hershberg 6. At A Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Charlotte Lim
Joshua Stylman 7. Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Alex Tsepetis
8. About Reprise Media & Recommeded Reading . . . 16
2. Evaluation Criteria
Campaign Management
Campaign Setup & How are campaigns structured and managed? How easy is it to set up new accounts? What
Management account management structure does Panama support? How are bid changes handled? How
easy is it to set and change budgets?
Ad Creative How have creative specifications and limitations changed since the Panama launch?
Contextual Advertising How are contextual ads tracked and managed?
Geo-targeting How do Panama's new geotargeting options compare to Google and MSN?
Reporting What reporting options and tools does Panama offer?
Performance Have we seen any short-term changes in performance - in terms of campaign spend, ROI, bid
inflation, etc?
User Interface
Data Organization How is data sorted? How easy is it to navigate? What search tools are available?
Load Time How quickly does data load?
Terminology What terminology does Panama use and how does it compare to other systems?
Visual Elements How helpful are Panama's new visual elements? Do they speed up or slow down the process?
Production Sheets How intuitive are Panama's production sheets? Are they easy or difficult to use?
Account Transition How well did Yahoo prepare our team for the transition to Panama?
Support How helpful/available is Yahoo's support staff for technology-related issues?
Editorial Review How does Panama handle editorial reviews, errors, and rejected terms?
Tools What new tools has Yahoo added to the User Interface? How helpful/easy to use are they?
Technology
Convergence How easily can Panama be integrated with other data sources? How does it compare to other
industry campaign structures?
API Implementation Is the API built on open standards? How difficult is it to implement Panama's API?
API Management How must developers handle Panama's Web Services Definition Language (WSDL)? Are there
any developer tools available?
Programming Model What programming model does Panama follow?
Data Reliability How reliable is Panama's performance data? How often does report data need to be
rechecked?
Quotas How stringent are Yahoo's API quotas, and how easy is it to request quota increases?
Reporting How comprehensive and customizable are Panama's data reports? How easy is it to request
data, and how much time/bandwith is required?
Yahoo Panama Review
2
3. Introduction
After two years of rumors, announcements and a series of delays, Yahoo's new search marketing plat-
form, codenamed quot;Project Panamaquot;, finally launched on February 5th, 2007.
Although the Panama update is unlikely to significantly impact campaign performance in the short term, it
represents an immediate upgrade for Yahoo's paid search offering. Analysts predict that Panama will
increase Yahoo's search advertising revenue by at least 20 percent in 2007 to nearly $600 million. More
importantly, Panama is expected to help Yahoo slowly close the gap on Google as it relates to their abili-
ty to monetize searches.
At its core, Project Panama completely overhauls the way in which Yahoo ranks paid search ads. Rather
than ranking ads based solely on bid price, Yahoo's new system now factors in the quality of each ad. This
creates a win-win-win situation for Yahoo, its advertisers and end-users. Ideally, more relevant ads deliv-
er better results for searchers, which in turn mean better clicks for advertisers and more revenue for Yahoo
and the publishers in its network. As such, the update brings Yahoo's ranking of paid search ads in line
with similar methodologies used by Google and MSN.
Though most reviews of Panama focus on this quality-based bidding system, nearly every facet of Yahoo's
paid search platform has undergone some degree of change. From the way Panama structures campaign
data to the tools used for performance reporting, these changes have a significant and lasting impact on
advertisers. As marketers adjust to the new intricacies of Panama, we sought to establish which upgrades
would impact advertisers the most.
Reprise Media undertook an internal cross-functional study of Yahoo's new paid system from a search
marketer's perspective, the findings of which are detailed here. This study examines the change that
Panama brought about in day-to-day campaign production, optimization and reporting, from both front-end
and back-end process perspectives. While we will mention similarities to MSN’s adCenter program, most
comparisons in this report center around Google AdWords, given its position as the dominant player in the
market and de facto industry standard.
Yahoo Panama Review
3
4. Performance Impact
In an effort to evaluate the effectiveness of Yahoo's recent Panama launch, the most
obvious place to begin is campaign performance. By evaluating shifts in key campaign
indicators such as Cost Per Click (CPC), Click through rate (CTR) and conversion rate,
we can begin to understand the true impact of the changes on the system.
How has Panama impacted Yahoo's CPCs relative to the rest of the market?
Fig. 1: Percent Change in Average Campaign CPC on
Google, Yahoo and MSN, Jan and Mar 2007
Yahoo was the only engine whose CPCs decreased
$0.49
over the time surrounding the launch of Panama. These
G: + 2.8%
results confirm the conclusion that quality based bidding
$0.47
along with more sophisticated and granular campaign
$0.45
structure is allowing us to improve the Yahoo account
M: + 9.6%
$0.43
performance which ultimately results in lower CPCs.
$0.41
Y! – 6.2%
$0.39
$0.37
$0.35
Jan May
Google MSN Yahoo
How has Panama impacted clickthrough rates on Yahoo Search Marketing ads?
Fig. 2: Percent Change in Average Campaign Click
Through Rate Between January and March 2007
Yahoo Search Marketing enjoyed a much higher increase in
clickthrough rate, bringing it in line with our average Google
CTRs. These results demonstrate that the ability to better tar-
-40%
get our audience through more direct creative, geo-targeting
and a separation of search and contextual campaigns are pro-
viding us with more qualified ads which are driving the higher
+1% +32% click through rates.
Google MSN Yahoo
Jan
May
Yahoo Panama Review
4
5. How did Panama affect CPCs for Large Marketers & Smaller Marketers differently?
Fig 3. Percent change in average number of clicks and CPC Generally speaking, marketers with larger monthly
for Marketers at different spend levels, compared to average changes
spends ($40,000 or more) received more clicks, at a
lower CPC than those with small budgets. (<$40,000)
Clicks CPC
Contrary to the general trend, CPCs for campaigns with
20.0%
15.7%
smaller budgets actually increased by 5.7%
15.0%
10.4%
10.0%
This comparison of CPCs and clicks is an example of
5.7%
how the increased complexity of Yahoo Panama will not
5.0%
-0.1%
necessarily help all marketers in the long term. Large
0.0%
marketers and agencies that have expertise in properly
-5.0%
using all the campaign structure features provided are
-6.18%
-10.0%
benefiting from the upgrade. Smaller marketers who
-11.1%
either don't have the budget to properly use these fea-
-15.0%
tures or who are not taking advantage of the hierarchical
General Large Marketers Small Marketers
account structures will not see these campaign optimiza-
tion benefits and may actually see decreases in performance because they are competing against others who have
been able to increase performance.
Did the launch of Panama impact the cost of branded terms on Yahoo?
Fig. 4: Percent Change in Average CPCs for Branded Terms Companies purchasing their branded terms saw a 17.9%
Between Jan and Mar 2007
decrease in CPC, as compared to 1.8% decrease on
Google and 12.6% on MSN.
Google MSN Yahoo
0.0%
These results further strengthen the conclusion that qual-
-2.0%
-1.8%
ity based bidding, targeted creative, and a more granular
-4.0%
campaign structure has allowed us to significantly
-6.0%
improve the performance on our branded keywords,
-8.0%
which are frequently the highest traffic driving terms in a
-10.0%
client's SEM campaign.
-12.0%
-12.6%
-14.0%
-16.0%
-18.0%
-17.9%
-20.0%
How did Yahoo Panama Impact the Conversion Rates of Campaigns?
While campaign conversion rates were improved on both
Fig. 5: Percent Change in Average Campaign Conversion Rates
Between January and March 2007
Google and MSN, Yahoo's conversion dropped off 5%. In
other words, while perceived ad relevance may have
Google MSN Yahoo
improved, the truly important metric in the campaign suf-
6%
fered somewhat.
4%
4%
2% This may be due, in part, to the fact that with improved
2%
targeting and ad matching/ranking the distribution pro-
0%
files of these sites has changed somewhat. In this situa-
-2%
tion, sites that had been converting at a high level no
longer make the relevance cut off as defined by the
-4% -5%
engines. However, at a 5% variance, there is the possi-
-6%
bility that this data is just noise - the normal variance that
occurs based on a host of other external factors.
Yahoo Panama Review
6. Campaign Management
By imitating Google’s organization of data, Panama helps establish industry-wide
campaign management standards that will benefit agencies and enterprise-level
search marketers. Many of Panama’s most useful new features, such as bulk
uploading, dynamic keyword insertion, flexible editorial guidelines, geo-targeting,
contextual tracking and remote campaign management, are intended to alleviate
scalability issues that arise with large-scale campaigns. These efficiencies, how-
ever, make Panama complex, and consequently time consuming. In many ways
Panama falls short of Google in terms of ease of use, degree of flexibility and
reporting options. In general, we find Panama’s handling of data vastly better
than Yahoo’s previous Direct Traffic Center (DTC) platform, but still inferior to
Google AdWords.
“Panama
Campaign Management
improves Campaign Setup Better campaign structuring and budgeting tools are
a clear upgrade over the old YSM
Yahoo’s Ad Creative Move towards industry standard listing length is
positive, but many creative specs are still different
Advertisers can now easily run and track stand-alone
Contextual Tracking
handling of
contextual campaigns
Geotargeting Better targeting tools and helpful features like inter-
active maps make Yahoo’s geo-targeting a winner
large-scale
s Reporting Despite cosmetic upgrade, Yahoo’s reporting is still
slow and inflexible compared to Google.
Performance Launch of quality-based bidding has already
campaigns” decreased price and inflationary competition
Campaign Setup and Management
Large-scale campaigns have become easier to optimize post-Panama because
advertisers can now set up and manage multiple remote campaigns under a sin-
gle account. Panama allows users to shift keywords between campaigns, to
pause select campaigns within an account, and to set up campaigns with distinct
targeting options – all tactics that can help improve a campaign’s productivity.
Thanks to strict daily caps and daily budget allocation (DTC's 'daily' budget cap
was based on a weighted 30-day budget), budget management is easier and
more accurate. Overall, Panama improves Yahoo’s handling of large-scale cam-
paigns, but those improvements are no better than similar features already
offered by Google and MSN.
In the old DTC, campaigns were organized into three levels: Account > Category
> Keyword. Panama, mirroring Google, has incorporated an additional “Ad
Group” level just above “Keyword” that allows advertisers to manage keyword
6 Yahoo Panama Review
7. groups in bulk. The process for making changes, however, Geo-targeting
is extremely time intensive because edits must be done
manually. Google, on the other hand, clusters campaign In order to reach specific local audiences, Panama allows
editing tools together to allow for faster optimization. In advertisers to geographically target ads by City, DMA, or
short, though Panama’s campaign structure is an improve- Region. Thanks to more sophisticated targeting mecha-
ment, its user interface has a number of pitfalls that make it nisms and helpful UI features like interactive maps,
unnecessarily complex – this and other usability issues will Panama’s geo-targeting arguably surpasses similar sys-
be discussed in the “User Interface” section of our report. tems in Google and MSN. As such, geo-targeting will make
Yahoo a more attractive advertising venue for local advertis-
Ad Creative ers, and will encourage national advertisers to spend more
money on geographically targeted campaigns.
Panama adopts ad creative specifications that are already
shared by Google and MSN, but has not fully addressed Reporting
some of the details that its competitors have. For example,
creative is limited to a single line of 70 characters, while Save for some usability changes (like the addition of graphs
Google and MSN each use two separate lines of 35. While and charts for data visualization), there appears to be little
the character limits are technically the same, many Google difference between Yahoo’s old and new reporting systems.
ads incorporate the line break as a character. As a result, As such, Yahoo’s reporting is slow and relatively inflexible
many Yahoo creative assets must be completely rewritten. compared to Google. Google allows reporting on ad cre-
Furthermore, abbreviations and exclamation points are ative performance, report customization, and report sched-
allowed in ad creative. Keywords can be dynamically insert- uling. Panama offers “same day” reporting, but unfortunate-
ed into both the title and description, but they only display as ly it is not based on real-time data.
lowercase. Panama allows advertisers to simultaneously
run several creatives for testing and optimization, but it Performance
doesn’t yet report on the performance of creative variations.
Because of subtle issues in the implementation of new ad Following Google’s implementation of Quality Score,
creative tools, Panama is quite labor intensive. Again, this Panama introduces a quality-based bidding platform. As
is more of a usability issue than a lack of sophisticated edit- such, ads are ranked based on:
ing options.
1) The perceived relevancy of the keyword,
Contextual Ad Tracking ad copy and landing page
2) Campaign performance history
On Yahoo’s old platform, contextual ad campaigns had to be 3) Bid Price
run as an element of paid search. Ads were matched to
landing pages based solely on the keywords they were One advantage of Yahoo's new system over Google is that
associated with, and tracking for content was rolled into a it does not force advertisers to pay higher minimum bids in
single overhead report. As a result, it was impossible to order to show up beside search results. Though Yahoo
measure the effectiveness of contextual targeting (unless technically holds a higher minimum bid than Google ($.10
the advertiser set up an additional tracking system for refer- as against $.01), Google inactivates ads with low “quality”
ring URLs). ratings, while Yahoo lets all remain live.
Panama, however, lets advertisers run stand-alone contex- It’s still too early to properly assess the lasting impact of
tual ad campaigns. By measuring contextual’s performance quality ratings on Yahoo’s performance. In the short-term,
directly, advertisers can finally see the effectiveness of paid we’ve observed a slight decrease in pricing and competition.
search and contextual as separate campaign units. Because the lack of transparency in a quality-based bidding
Furthermore, ads are matched to landing pages based on market negates potential bidding wars, our older, more
not only the keyword, but also the ad and landing page text. “qualified” ads have experienced a drop in price.
This improves ad relevance and traffic quality, and will like- Meanwhile, new campaigns experienced an increase in cost
ly bring in new revenue for Yahoo as advertisers begin real- per conversion due to a lack of performance history. Overall,
izing the benefits of contextual as a separate channel. ad costs have gone down - and we anticipate that trend will
continue over the long term. Whether the traffic will be more
qualified traffic, however, remains to be seen.
Yahoo Panama Review
7
8. User Interface
In order to create a platform that would scale with Panama's back-end updates,
Yahoo overhauled their user interface. By implementing new organizational sys-
tems, new terminology, and new production sheets, Panama created a platform
better suited to enterprise-level campaigns. Though the new UI doesn't fully
streamline campaign management, it does a good job of establishing more intu-
itive processes. Furthermore, because Panama's UI structure mimics Google in
many ways, it creates operational standards for the search marketing industry.
User Interface
“Unlike Panama mirrors Google’s data structure, making
Data Organization management and optimization much easier
Google, Yahoo No progress has been made on reducing load times
Load Times - Yahoos system still lags far behind Google’s
Yahoo has made a definitive move towards adopting
Terminology
does not force
industry-standard labels
New charts, graphs and maps are valuable additions
Visual Elements to the user experience
advertisers to Production Sheets Production sheets have grown incredibly complex,
with specifications that are undocumented thus far
Account representatives were proactive and helpful
Account Transition
increase bids in transition, but lacked post-launch knowledge
Support Account representatives were eager to help, but
weren’t adequately trained on Panama interface
in order to Editorial Review Revised editorial policy allows faster campaign
launch
stay active” Tools Simplified navigation and visual tools are positive
changes, but system still presents challenges
Organization of data
A recent study by Piper Jaffray estimates that search marketing is currently a
$15.8 billion industry, and is expected to grow to $44.5 billion over the next five
years. As advertisers invest more money in paid search, buy more keywords and
get savvier about optimization, campaigns have become increasingly complex.
One of the major differentiators between search advertising platforms, thus far, is
the organization of data. Panama represents a significant shift in this regard -
Yahoo's new campaign structure now mirrors Google's, making it more logical and
familiar to seasoned search marketers. As a result, Panama's new user interface
makes campaign management and execution more efficient.
Some new features include: The ability to set up remote campaigns and move
keywords within a single account, to make mass bid changes, to manage contex-
Yahoo Panama Review
8
9. tual as a separate channel, and to sort keywords in alpha- sheets overwhelming.
betical order for clicks, spend and impressions. Thanks to
a simpler navigation structure, bulk management tools, and Nevertheless, Panama allows bulk uploading into produc-
a more intuitive organization of data, Panama gives adver- tion sheets - a feature that was previously only offered by
tisers better control over creative, bids and budgets. This Google.
helps advertisers optimize campaigns at any scale.
Account Transition
Load Times
One of the major difficulties with Reprise Media’s transition
Despite (or perhaps because of) Panama's sophisticated to Panama was the lack of information provided by Yahoo.
organization of campaign data, load times are exceptional- Though our account representatives were in close commu-
ly slow. Data uploading is not only slower than that of nication, they were only trained to provide overhead sup-
Google, but is arguably worse than DTC. The additional port. Yahoo provided little help for situations beyond the
time required to load campaign information detracts from quot;idealquot; method of account transfer - which in our experi-
the usability of Panama's otherwise efficient interface. ence, was rarely sufficient.
Terminology Support
Yahoo has made a conscious effort to change their cam- Because Panama is so radically different from DTC, few
paign nomenclature to match that of Google. For example, account representatives have been trained beyond account
“Search terms” are now “Keywords”; “Categories” are transition. Though willing to help, our representatives are
“AdGroups”, and so on. For search advertisers, this is a not familiar with the new interface and often need to seek
welcome change towards industry standardization. out answers from elsewhere in the organization. This great-
Advertisers dealing with different engines no longer need to ly increases turnaround time for support requests.
be trained with different terminology.
Editorial Review & Reporting
Visual Elements
Panama speeds the editorial review process by allowing
Panama uses graphs and maps to visually represent geo- terms to launch automatically. Because advertisers no
targeting data. These visual aids provide a valuable snap- longer need to wait for editorial approval (with the exception
shot of geographic reach and performance trends, to help of branded terms), time to go live has been reduced from
marketers quickly identify target markets. This is one of days to a matter of hours.
Panama's few unique features that doesn't merely adopt,
but improves upon Google's system of organization. UI Tools
Production Sheets Panama's user interface is a significant improvement over
DTC. As previously discussed, Panama's best new fea-
Panama is the first system to use ID values as a means of tures include: visual navigation elements, remote campaign
'tagging' data. Each keyword, Ad Group, etc, has a given ID set-up, bulk uploading, sorting tools, quot;standardquot; terminolo-
number associated with it for tracking purposes. When gy, and automatic editorial review. These features make
moving a keyword to a new Ad Group, advertisers must now campaign performance easier to visualize and control.
move the ID value with it - essentially doubling the time
required to make campaign changes. As a result, produc- Additional complexity, however, requires additional time.
tion sheets have increased from eleven columns to thirty Changing rejected keywords, filling out production sheets,
one. Production sheets in Panama are not only time con- and bulk-uploading data are all time consuming processes
suming, but excessively complex. Marketers without strong that stunt Panama's campaign management. Until Yahoo
familiarity with the system or quick access to a Yahoo creates workarounds for these activities, they will detract
account representative may find Panama's production from Panama's overall usability.
Yahoo Panama Review
9
10. Technology Integration
Panama's technology gives large-scale marketers the ability to more easily
request and move around massive amounts of data. For that reason, Yahoo’s
new API protocols may have the most significant impact of any changes made.
Under Yahoo’s old Direct Traffic Center (DTC), API integration was unwieldy for
advertisers. The system was built using a proprietary language, and as such,
wasn’t easy for developers to integrate with. Panama brings Yahoo in line with
Google’s standardizing tools, system, structure and meta data, to create an indus-
try standard where it was previously lacking. While many of the updates will make
a developer’s job easier, there are several changes that actually increase the
“Panama amount of heavy lifting required with the API, because of inefficient communica-
tion with the system’s back end.
brings Yahoo
Technology Integration
in line with Convergence Update brings system terminology and concepts in
line with Google’s standards
API Integration
Google...
Switch to SOAP standards makes it easier for
developers to work with Yahoo’s systems
API Management Lack of WSDL tools makes customization and testing
creating an
a cumbersome process
Programming Model New object oriented programming environment
easier to work with, closer to industry standards
industry Data Reliability Yahoo raises the bar on data reliability with
indicators that notify users when data is finalized
Quotas Panama introduced API quotas, which have caused
standard some development issues
Reporting Standard reports now require multiple calls to the
system, with less ability to sift out unneccesary data
where it was
previously System Convergence
One of the most significant, recurring themes surrounding Panama is that it brings
lacking.” Yahoo’s system closer in line with that of Google, and consequently, the rest of
the industry. This is most apparent in the ways that Yahoo refers to and structures
data. Panama adopts many of Google’s concepts and terminology (i.e. quot;Ad
Groupsquot;) so that the relationships between keyword, ad group and creative
become industry standards. This is an advantage for developers seeking to use
Yahoo data with existing systems, because Yahoo no longer requires unique
attention.
Yahoo Panama Review
10
11. API Integration system data. OOP is generally thought to be an easier pro-
gramming language because it’s easier to conceptualize.
As mentioned above, Panama's application programming Popular programming languages such as Java and .Net are
interface, or API, was retooled to be much closer to indus- built using OOP for this specific reason.
try standards set by Google. This represents a big step for-
ward for agency-level developers. Yahoo’s old Direct Traffic Data Reliability
Center (DTC) API was built using a proprietary language
that required developers to start from scratch when integrat- There is a substantial amount of data drift inherent in
ing Yahoo's data to an existing system. As a result, trou- Search Marketing. Over time, as network partners report
bleshooting and support documentation was difficult to find. their data, instances of click fraud are detected and
removed from the system, both Google and Yahoo’s report-
Panama, on the other hand, uses SOAP (Simple Object ed impressions and clicks drift. Because clients are rarley
Access Protocol), a frequently-used set of standards for notified of these changes, multiple calls must be made to
APIs. This change brings the system in line with Google’s the API to check and recheck the validity of data.
AdWords API, and gives engineers the ability to focus
development on system functionality and logic instead of Yahoo has made a big improvement in this area. Panama
basic integration. reports present an indicator which describes whether the
data in the report has been finalized or not. While it’s too
API Management early to make a definitive claim on the accuracy of this indi-
cator, the fact that Yahoo has provided it at all is significant.
All APIs are governed by a language called the Web Google still provides no information about their data drift,
Services Definition Language (WSDL), which is essentially forcing partners to constantly double check their data.
a contract between system and client. The WSDL lays out
the functionality and data points available to any applica- Quotas
tions that access the API. As developers work with an API,
it is often necessary to make changes to the WSDL to One potentially negative aspect of the Panama launch is
accommodate unique functionality. These changes are typ- the imposition of API quotas. Quotas limit the number of
ically made in a tools interface provided by the owner of the times an application may invoke a particular portion of func-
API. tionality, and are typically integrated to prevent system over-
loads and crashes. Yahoo’s old DTC system had no quota
This toolset is one area in which Yahoo’s Panama falls restrictions, allowing partners to make as many calls as
short. Panama offers developers no standardized tools for they wanted to the system.
changing the WSDL, instead requiring each development
team to download and modify it manually. Additionally, Under Panama, Yahoo has imposed fairly frugal quota allo-
there are separate WSDL’s for Yahoo’s testing and live cations. While Yahoo has been fairly accommodating thus
environments, forcing developers to execute quot;untestedquot; far with increasing these allocations, responses have taken
code against live production data. up to three days. This results in broken tool functionality at
best, application down time at worst. This type of scenario
In contrast, all of the functionality surfaced in Google’s API runs counter to the purpose of an API, which is to provide
can be manipulated using a programs interface for the benefit to both engine and client by allowing automated sys-
WSDL. To the best of our knowledge, Google has never tems to take care of work that would otherwise be time con-
required developers to manually modify the WSDL. suming and repetitive.
Programming Model Reporting
Some of Panama's upgrades change the way in which The process of pulling campaign report data has taken a
applications that access the API can be built. Yahoos old step back during the launch of Panama. Whereas DTC
DTC-XML API followed what is called a procedural pro- allowed programs to pull complete data reports with a sin-
gramming model, in which applications contain a series of gle call to the system, Panama has broken this data out into
independently constructed processes that are then stitched several different calls. Essentially, these changes force
together into a cohesive whole. users to work inefficiently, making more frequent calls to the
database and transferring larger files
Under Panama, developers now deal with an object-orient-
ed-programming (OOP) environment, in which all data is
pre-defined and can be manipulated in relation to other in-
Yahoo Panama Review
11
12. At A Glance
Data on all three major areas of the new Yahoo Search Marketing system are combined
here for review.
Campaign Management
Campaign Setup Better campaign structuring and budgeting tools are
a clear upgrade over the old YSM
Ad Creative Move towards industry standard listing length is
positive, but many creative specs are still different
Advertisers can now easily run and track stand-alone
Contextual Tracking contextual campaigns
Geo-targeting Better targeting tools and helpful features like inter-
active maps make Yahoo’s geotargeting a winner
Reporting Despite cosmetic upgrade, Yahoo’s reporting is still
slow and inflexible compared to Google.
Performance Launch of quality-based bidding has already
decreased price and inflationary competition
User Interface
Panama mirrors Google’s data structure, making
Data Organization management and optimization much easier
No progress has been made on reducing load times
Load Times - Yahoos system still lags far behind Google’s
Yahoo has made a definitive move towards adopting
Terminology industry-standard labels
New charts, graphs and maps are valuable additions
Visual Elements to the user experience
Production Sheets Production sheets have grown incredibly complex,
with specifications that are undocumented thus far
Account representatives were proactive and helpful
Account Transition in transition, but lacked post-launch knowledge
Support Account representatives were eager to help, but
weren’t adequately trained on Panama interface
Editorial Review Revised editorial policy allows faster campaign
launch
Tools Simplified navigation and visual tools are positive
changes, but system still presents challenges
Yahoo Panama Review
12
13. Technology Integration
Convergence Update brings system terminology and concepts in
line with Google’s standards
API Integration Switch to SOAP standards makes it easier for
developers to work with Yahoo’s systems
API Management Lack of WSDL tools makes customization and testing
a cumbersome process
Programming Model New object oriented programming environment
easier to work with, closer to industry standards
Data Reliability Yahoo raises the bar on data reliability with
indicators that notify users when data is finalized
Quotas Panama introduced API quotas, which have caused
some development issues
Reporting Standard reports now require multiple calls to the
system, with less ability to sift out unneccesary data
Overall Rating
While the launch of Project Panama represents a significant step forward
for the Yahoo Search Marketing platform, it does not yet address all of the
requirements of the market. Though the system makes strides towards
establishing industry standard campaign structure, terminology and API
access, it often finds itself under-delivering on the actual execution of
these new features.
That said, Panama is brand new. Like any enterprise-level software prod-
uct, it needs time to find its footing and refine its offering. We are confident
that, with time, Yahoo’s new system will represent a very positive change
for paid search advertisers.
Yahoo Panama Review
13
14. Conclusion
Panama Increases Competition at the Top
Based on the improvements outlined within this document, it is clear that Panama will have a positive
impact on Yahoo's competition for search marketing dollars. Many of the updates, such as quality-
based bidding and Yahoos advanced targeting options will improve performance. The industry stan-
dards created by the adoption of Google’s methodology will encourage marketers to run multi-engine
campaigns and, consequently, spend more money with Yahoo. Additionally, because Panama's cam-
paign process affords greater flexibility, its interface is more complex. Though added complexity
detracts from user experience, it also allows for more sophisticated campaign optimization.
For SEM agencies and large marketers, Panama is a welcome upgrade that brings Yahoo in line with
the other major engines. For small and medium sized businesses, however, the complexities of
Panama's UI and reporting features may actually deter spending. The margin for error in many
aspects of the system as they currently exist are extremely large. As a result, we anticipate that
Panama will increase revenue from their high-budget clients, but will also miss a significant opportuni-
ty by unintentionally alienating the long tail of the search industry.
Better Targeting Options Will Drive Revenue
Panama's sophisticated geo-targeting options and separate contextual tracking are two significant
sources of potential new revenue. Visual elements, like performance trend maps, help advertisers
identify target markets. The separation of search and contextual, meanwhile, will help marketers bet-
ter understand the value of contextual as a standalone entity. Both geo-targeting and contextual track-
ing encourage advertising spend by increasing awareness of two under-served paid search markets.
Local advertisers will find Yahoo a more attractive venue, while national advertisers will be more
inclined to spend money on quot;nichequot; targeting.
Panama Establishes Industry Standards
By adopting Google's terminology, organization of data, and quality-based bidding, Panama reinforces
certain industry standards. These standards will encourage advertisers to shift more of their budget to
Yahoo. For agencies, Yahoo's adoption of SOAP API standards decreases the work required for data
integration.
Indirect Effect: Better Conversions for Big-Money Clients
As quality-based bidding, new targeting options and the introduction of industry standards improve the
system’s efficiency, Yahoo will gain quot;currencyquot; to begin competing for lucrative syndication deals.
Many of Panama's upgrades, furthermore, will improve efficiency for large-scale campaigns. The com-
bined effect of better conversions and better scalability will attract high-budget and agency clients, who
we believe will drive the bulk of Yahoo's new revenue.
Panama may have the indirect effect of alienating small-budget marketers who can't afford to out-
source, but don't have the time to deal with more complex processes. Google has made a lot of money
by appealing to small and medium sized businesses - suggesting that Yahoo's unintentional alienation
of a lower-budget audience may hurt their overall profits.
Yahoo Panama Review
15
15. About Reprise Media
Reprise Media, the largest independent SEM services firm in the industry, offers clients
a complete managed solution for their search marketing needs focused exclusively on
improving their return on advertising investments. The Company delivers services and
technology that enable advertisers to manage and optimize their customer acquisition
programs through all search, auction-based and category targeted digital media.
Reprise Media was named quot;2006 Agency of the Year Best Search,quot; by OMMA Magazine
and has been ranked among the 30 fastest growing private companies in the country for
the past two years by Entrepreneur Magazine. Reprise Media's clients include USA
TODAY, Guess? Inc.. Harper Collins Publishing, Martha Stewart Omnimedia and
CapitalOne.
The Company is headquartered in New York City, with offices in San Francisco and
Boston. SearchViews (www.searchviews.com), the Company's award-winning blog,
provides daily news and commentary on the Search Engine Marketing industry.
Reprise Media is a subsidiary of the Interpublic Group (NYSE: IPG)
For further information about this analysis, or help in launching and managing your own
campaign on Yahoo Panama, please contact us at 1-800-218-9746 or on the web at
Suggested Reading Material
“Annoying Differences Between Yahoo Panama and Google AdWords”
GotAds?, 5/28/07
“Preliminary Scorecard: How Effective Is Yahoo’s Panama Upgrade”
Search Engine Land, 4/3/07
“Panama’s Indirect Impact: Will We Finally See A Two Horse Race”
SearchViews, 3/1/07
“Yahoo Panama - Pros and Cons”
Search Engine Guide, 3/1/07
“Panama On Your Minds”
MediaPost, 3/1/07
“Review of Yahoo’s Panama: The First Week”
Conversational Marketing, 2/13/07
“What Yahoo’s Panama Update Means For Searchers”
Search Engine Land, 2/6/2007
“Industry Feedback - Yahoo’s Panama Migration”
WebProNews, 1/29/07
Yahoo Panama Review
16