Akesios Blog

The Akesios view on local search

AKESIOS becomes an official Microsoft Advertising adCenter Reseller

Posted by Ben Barney on February 28, 2011

Akesios today announced its collaboration with Microsoft Advertising to resell adCenter to its channel sales partners.

Akesios provides its Ad-Direction technology and its large distribution network to large and small publishers to enable them to sell the high quality leads to local businesses at the low prices, whether as an extension to an SEM program or as a dedicated leads-based program.

Ad-Direction’s configurable yield-based algorithms enable publishers to maximize their margins whilst also ensuring delivery of the highest quality leads to their customers.

“Akesios Ad-Direction enables publishers to sell performance-based products, including clicks and calls, to their customers. We ensure clients can access the highest converting traffic at the lowest cost,” said Ben Barney, CEO of Akesios, “and the Microsoft Advertising adCenter search advertising audience is an extremely valuable addition to our distribution network.“

Through adCenter, SMBs can reach the growing, highly-converting audience of Bing users across Microsoft online properties such as Bing.com, MSN and the entire suite of Windows Live sites and services. Soon this reach will be further expanded to Yahoo! and its partner sites across Europe as part of the Microsoft and Yahoo! Search Alliance.

About Akesios

Founded in 2005, Akesios are the specialist technology providers for publishers selling leads-based products. Ad-Direction serves ads in any format including display and text based, manages campaigns in SEM networks, and tracks performance from other products whether proprietary or 3rd party. It’s proprietary yield management technology sources leads at the lowest cost to the publisher and the highest ROI for the merchant. Akesios utilises best in class architecture and spatial search technologies to serve the most relevant ads in response to a search query at market-leading speeds. For more information, visit www.akesios.com

Posted in Lead Generation, Press Release, Search Engines, Uncategorized | Tagged: , , | Leave a Comment »

AKESIOS AD-DIRECTION selected by Ziplocal to power its hyperlocal leads program, LocaLeads

Posted by Ben Barney on December 7, 2010

LONDON, UK – Akesios has been selected by Ziplocal to provide its multi-media hyperlocal advertising platform, Ad-Direction, to manage and fulfil the Ziplocal leads based product, LocaLeads.

Ziplocal recently launched LocaLeads, a pay-for-performance digital advertising program that distributes hyperlocal advertising content from small and medium size businesses (SMBs) to web and mobile publishers across North America, with distribution already secured across 92 percent of the U.S. market.

Ad-Direction is the leads-based selling solution for the local search industry. Ad-Direction enables publishers to sell leads in a single budget to their SMB advertisers, by providing the complete platform for management and fulfilment of leads in a scalable way. Leads are sourced from an extensive distribution network of first and second tier traffic owners and aggregators. Ad-Direction’s ad-serving system syndicates both display and listing advertising formats which, in turn, makes hyperlocal advertising content available to all types of websites and mobile content providers—from search engines and online city guides to mobile application publishers. Ads can be updated in real-time to enable syndication of offers, coupons and daily deals.

Ad-Direction’s configurable yield-based algorithms enable the publisher to maximize their margins and also ensure delivery of the highest quality leads to their customers.

“Ad-Direction is the best solution to manage yield at scale across a large and diverse distribution network, across multiple ad types as well as all the different product types which constitute a lead.” said John Elliott, GM of LocaLeads for Ziplocal. “It ensures we get the largest traffic reach and our SMB customers receive highly targeted leads and exceptional ROI.”

“Leads-based selling will become increasingly important to publishers selling to SMBs” said Ben Barney, CEO of Akesios. “The process of buying the cheapest converting traffic is critical to the sustainability of a leads-based program. Ad-Direction combines one of the most flexible ad serving technologies with yield based algorithms. Our aim is to deliver highly targeted local leads to an advertiser at the lowest possible cost, so publishers can maximise their margins and advertisers renew and spend more money with Ziplocal. We are delighted to be working with Ziplocal on such an exciting and innovative product.”

 

About Akesios

Founded in 2005, Akesios are the specialist technology providers for Yellow Pages publishers selling leads-based products. Ad-Direction serves ads in any format including display and text based, manages campaigns in SEM networks, and tracks performance from other products whether proprietary or 3rd party. It’s proprietary yield management technology sources leads at the lowest cost to the publisher and the highest ROI for the merchant. Akesios utilises best in class architecture and spatial search technologies to serve the most relevant ads in response to a search query at market-leading speeds. For more information, visit www.akesios.com

About Ziplocal

Ziplocal is a local search company that reaches communities all across the United States with digital advertising innovations delivered through mobile devices, the internet and traditional media. With a dedicated on-the-ground sales force in 33 states, Ziplocal reaches more than 300 U.S. markets. Rich and relevant local content with a strong focus on interactive and immersive media sets the company’s mobile applications and local search site apart from other search sites. Ziplocal’s robust local search products combine comprehensive data as well as the latest geo-targeting technologies with an extreme focus on delivering results for advertisers and the best end-user experiences for consumers. For more information, visit www.Ziplocal.com.

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Greg Sterling reviews Akesios Lead Management Platform

Posted by Ben Barney on September 15, 2010

Greg recently described Akesios’ Ad-Direction as a “sophisticated lead management solution to Local Channels”, which we thank him for!

Click Here to read the full article from Greg’s blog www.screenwerk.com

And there is also a video demo on YouTube.

Posted in BIA/Kelsey Group, Lead Generation, Press Release, Uncategorized | Tagged: , , , , | Leave a Comment »

And the NEW Facebook is

Posted by Ben Barney on May 26, 2010

I am willing to stick my neck out and predict the next Facebook, the next gargantuan, multi-billion dollar company. There is neither factual basis for this assessment nor any deep inside industry buzz! In the words of Baz Luhrmann, “..the rest of my advice has no basis more reliable than my own meandering experience…I will dispense this advice now:”

Looking at past history, the following companies have taken on the incumbents and are winning:

  • Apple is the new Microsoft
  • AOL is the new…….. (ok forget that one!)
  • Android is the new iPhone, having overtaken iPhone recently from a mobile OS stand-point and has Blackberry in its sights.
  • Amazon is the new superstore, from second hand goods to new products, there is not much you can not buy through Amazon

Now look at the first 2 letters of each of the challengers above: AP, AO, AN, AM… what is the next in the sequence. Answer is AL.

So, the next Sergey Brin or Mark Zuckerberg needs to create a Facebook beating company and ensure the company name starts with AL. This is surely the secret sauce!

This new company will compete and beat the incumbent, Facebook, by putting the users Privacy at the forefront of its approach. Users in the Facebook 3.0 world will interact using a virtual self to ensure personal information on their real self is not infringed. People will have a virtual life, with a real network of virtual friends but performing real interactions e.g. Writing genuine reviews and recommendations on real products and services.

This new company will be called Alter-Ego.

So get in quick people, www.alter-ego.com currently provides clothes to transvestites and cross-dressers, but who knows he or she maybe open to offers!

Posted in Lead Generation, Social Media, Uncategorized | Leave a Comment »

What does Lead Generation mean?

Posted by Caroline Lavelle on April 26, 2010

After reading the Yext discussion on Local SEO Guide with pages of feedback from SMB owners and the article “Yodle, ReachLocal, Yext – Scams?” on Small Business Shift, the question that was raised for me was how to plug the gap in expectations between what a small business thinks is a lead, and what the Yellow Pages companies, Yodles, Yexts and the rest think is a lead.

To take the two extremes, SMBs and Yellow Pages companies are defining leads from opposite ends of the spectrum:

For an SMB, the definition is contact (usually by telephone, during working hours, when they are free to answer the phone) with a qualified customer i.e. one who is likely to buy their product or service. For some who posted comments on the Local SEO Guide blog, their definition even seemed to be a customer who would buy their product or service.

For a Yellow Pages company which has spent decades selling inclusion products to SMBs where the price of an advert is based on its size, with no commitment to what it will deliver in terms of leads, or customers, moving to a “lead generation” sell is a big step. The Yellow Pages mindset is still taking that as a set of baby steps, starting with the ability to report on calls, clicks and driving directions prints. Then they offer a “pay per call” or “pay per click” product. Just because lead generation is an important phrase in the industry at the moment does not mean that it is really happening, at least not in the eyes of the SMB.

New technologies such as trackable phone numbers and Yext’s call transcribing technologies have created opportunities for new products which have received a backlash from SMBs. Where SMB phone numbers are replaced with trackable numbers on directory sites SMBs feedback is that they are being denied calls from customers searching for them by name, and that their number is part of their brand identity and this is being compromised. With the Yext system, call transcribing is an exciting development, but from user feedback, not infallible.  Whilst these technologies will continue to be important for advertising, is it possible that the products are ill-matched with customer requirements?

The problem seems to be that the sales pitch does not always match what the product actually delivers. Instead, Yellow Page companies and others selling to the SMB should allow the SMB owner to make a decision about what they want to buy, by stating clearly if they are paying for inclusion, clicks or calls, or conversions and should provide the tools to allow customers to see this clearly. If the product does not work, or there is an error, what will the customer get back?

Admittedly, the sales pitch is easier, especially for an unknown brand, if the product guarantees leads, but customers are determined to get what they believe they paid for.

Posted in Directories, Lead Generation | Tagged: , , , | 1 Comment »

Local Listing Submission Products

Posted by Ben Barney on April 15, 2010

The Local Search marketplace is becoming a crowded space with the proliferation of new online only directories, review sites and niche verticals launching to compete with the incumbent Yellow Pages companies.

However, the result is that SME’s are now more confused than ever about where their business is listed. Changing your address or telephone number has become a very difficult process to manage effectively and speedily in order to ensure you do not lose customers in the process.

Listing verification and submission services are opening up to solve such problems. The model is quite simple: you put in some details about your business, the service checks where you are listed and comes back with any discrepancies or areas where you are not listed at all.

As you would expect there are several services in the US like Localeze, Universal Business Listing and GetListed. Here I look at one such service launched recently in the UK, NetTrackz, and I have taken my local Indian restaurant as an example.NetTrackz Free Report Form

I provide basic details like the address, post code and telephone number. The Mogul does not have a website of its own.

Then there are potentially more complicated questions for a local merchant to answer e.g. search terms and search locations, (the latter emphasizing its target audience operates locally).

On hitting “Generate my report now” NetTrackz searches over 30 sites for your business, checking the listing details and in the case of search engines where you rank for particular search terms. To do this it appears to concatenate a search term and search location from the form, so it is important the user selects these terms carefully to get relevant results.

The following report is generated free of charge showing the directory presence and search position of the Mogul:

A phone call from NetTrackz resulted within an hour of the report to validate the business details by the business owner. Armed with the report the rep from NetTrackz is able to then sell a submission package.

Listing submission services presents a tremendous opportunity for those companies with large sales forces operating in the local space e.g. directory publishers, (as long as they are prepared to push listings to their competitors). Aside from the immediate revenue opportunity, there are considerable strategic benefits:

1)     Springboard to sell additional products e.g Video and Websites

2)     Build a wider distribution network e.g. placing videos and websites on Google and Qype

3)     Natural lead to provide reputation management products

4)     Collecting deep content on each merchant can be used on the IYP to enrich the data e.g. opening times, and if a data licensing model is in place, additional revenue can be achieved.

5)     Having a self-service mechanism for businesses to update their business listings reduces costs in the data cleansing department

In conclusion, selling or reselling a listing submission service is similar to selling other 3rd party products e.g. SEM, where there is a distinct first mover advantage. I would expect major publishers in Europe to be adopting a product like this in 2010.

With thanks to Greg Sterling for his input into this post.

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Why Publishers Need Customer Details at Their Fingertips

Posted by Caroline Lavelle on January 18, 2010

In the UK, the tighter economic conditions have had a beneficial effect for consumers in that there is a new trend towards improved customer services. While the economy boomed, retailers outsourced their customer handling overseas, and tried to push customers into electronic problem solving solutions with automated phone lines and self service portals.

My personal experiences with these customer service options were always disappointing and it seems I was not alone. Forward-thinking online and offline retailers such as Lakeland (Homewares) and Next (Clothing and Accessories) are determined to provide customer service which leaves customers feeling that their experience was a good one: retailer phone numbers published; phone calls answered immediately, long opening hours, replacing or refunding items without a fight and apologising for any problems.

Amazon.co.uk have led in this space for some time giving confidence to online shoppers with their no-quibble returns policy. Their market share continues to grow and customers continue to tell others about their good experiences.

This trend for improved customer service will impact on all companies selling products as it will change the psyche of the consumer, and soon all consumers will expect this level of service and turn away from those which cannot or will not offer it. Businesses are not excluded as their owners and staff are all consumers too.

Publishers must therefore ensure that they also focus on customer services, and as they roll out new products to their audience they have an added challenge to ensure that the information on their products is available to their customer-facing teams. If their legacy systems cannot handle this, adding an online dashboard allows customer services and sales personnel to access the same real-time information over the internet to present a united view to customers.

Typically, yellow pages publishers have not made advertising performance data available to their customers, but as they offer more lead-based products advertisers expect this information. Additionally, customers expect reporting in the same way that they were sold the product – for example, if three products were bundled together at the point of sale the customer must see the reporting bundled together.

Publishers would be wise to review their access to customer and product information and be ready to leave customers pleasantly surprised.

Posted in Directories, Newspapers | Tagged: | Leave a Comment »

AKESIOS is recognised in eConsultancy award: Innovation in Lead Generation Online

Posted by Ben Barney on January 11, 2010

LONDON, UK – Akesios recently announced its involvement in bringing the Skype business funded click-to-call product to market at European Directories that turns online search for businesses into calls for businesses (Full Press Release here).

This groundbreaking advertising program from a partnership between Skype and European Directories has been recognised by eConsultancy’s 2009 Innovation Awards, by winning the award for “Innovation in Lead Generation Online”. eConsultancy recognised in particular the product design and business model behind this program.

“European Directories were first to launch the Skype business funded click-to-call product globally” said Andrew Parker, Vice President of Online Business Development for European Directories. “With no direct case studies to work from, Akesios brought strong commercial and workable solutions to the table. This has allowed us to make the Skype business funded click to call product available to  our 700,000 customers across 8 European territories in a very short time. ”

“Akesios are experts in bringing new online products to market for traditional publishers” said Ben Barney, Co-Founder and Director of Akesios. “Creating low risk but high penetration products for Directory companies, allows them to leverage their sales forces effectively and better manage the transition to online. We are delighted that this innovative lead generation program is being appreciated by the industry.”

Alongside its professional services, Akesios has developed is a piece of middleware which accelerates the speed to market of 3rd party products, such as Skype. The Akesios Platform significantly reduces the complexity, time and cost of the IT aspects of the integration. It holds all the business rules for each product sold in each market and performs all the vital validations required by Skype and the publisher for each order.

About Akesios

Akesios have developed a platform and reporting interface to make implementing online products for directory companies fast and straightforward. This flexible system caters for any products from websites and video to search and social media. Technical integration is handled within the system along with configurable exception handling, allowing new products to be introduced with minimum pressure on directory IT staff. Uniquely, the system provides aggregated reporting across the products both internally for product intelligence and directly to customers via email in a unified format tailored to the directory branding.

Akesios is also a local search consultancy assisting directory companies with their online strategy and implementation. Akesios is expert in advising directory companies on local search, whether enhancing their IYP offering, or entering new markets such as search. We have successfully launched search businesses for directory companies across Europe, making Akesios the de facto consultancy in this niche area. Akesios can provide the strategy, methodology and systems to sell all new media products through existing sales forces and via supplementary channels.

Posted in Directories, Press Release, Uncategorized | Tagged: , , , | Leave a Comment »

 
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