Energy companies know that one of the best times to acquire new customers is when they’re moving home. The problem is, every energy company knows that, so every energy company targets people at this time.
But what if you could target people a few weeks or months before they move home?
Google, who know a thing or two about how to mine data to gain a marketing edge, recently introduced a tool that allows exactly that. In essence, Life Events interprets people’s search activity to anticipate what they’re likely to do in the near future. For example, someone who’s likely to move house in the next 12 months, say, will investigate mortgage rates or houses for sale. Someone likely to move much sooner than that might investigate moving companies.
This is a serious addition to a marketer’s arsenal. The vast majority of people who use Google search results to drive business take a literal approach. That is, an energy company looking for new customers may devote a lot of its search spend to keywords like “energy company”, “power pricing”, and so on.
With Life Events, that approach will now come too late in many people’s decision making process. Marketers using only literal keywords will be gazumped by those using keywords that identify people earlier in the famous “pathway to purchase”. Those using Life Events will be able to use this targeting option in their YouTube and Gmail Ads.
Does that mean a literal keyword approach is about to become redundant? Not yet. Life Events has limitations, not least of which is that it only tracks data for people who are logged into their Google account when they’re conducting a Google search. That’s far from everyone – for now, anyway. I think Life Events is a potentially powerful tool well worth exploring, particularly if your product or service tends to be connected to particular life events. Travel agents and weddings, for example. Car companies and people about to graduate. Appliance retailers and people approaching retirement.
As always, talk to us for more information or if you’d like to test whether this is something you should take on. In the meantime, check out this two-minute video for a quick rundown from Google on Life Events, and this case study about how one Australian energy company achieved dramatic results by using Life Events intelligently.
Google has rolled out two important updates to your Google My Business Account. When I say important, I mean potentially life changing. But before I get into that, a quick word for anyone unsure of what Google My Business is.
Google My Business is a free Google (what else?) tool that lets you manage your online presence across Google. For example, you know those sidebars with maps that you often see on the search result page when you google a business? That’s Google My Business at work.
Google doesn’t make that information up out of the blue. You can verify and edit your business information, which means you have some control over what appears in those results.
Right now, Google’s trialling an extended version of this tool. Called Google Home Services, it allows certain types of businesses to:
So what’s the big deal? If Google rolls this programme out globally, every aspect of your online marketing will be affected. Based on the trial, PPC ads will be replaced with Google Home Services ads, and local business will not feature in organic search results. It goes deeper. Once you click on one of the listings in the Google Home Services section, you are taken to a new page where you can select three different suppliers to send a request quote to. If you’re not on that list, you don’t get to submit a quote.
If you’re thinking Google is moving toward a “pay to play” model, you’re right! And while you may not like that, you’ll probably need to play the game if your business provides home-based services such as plumbing, building, electrical services and so on.
If you haven’t already, chat with us about the implications for your business. We can help you claim your Google My Business space if you haven’t already, and have you prepared for the rollout of Google Home Business, if and when it happens. Or check this link for how you can post content to your Google My Business account.
In related news, You can now send SMS/text messages to customers from your Google My Business Account. Check out details here.