Almost There…

November 19th, 2008

I managed to sneak away from the whirlwind of other tasks on my desk for a few hours today to work on continuing the big switch-over from my old site to this one. I got some big progress made and now all the major pieces are now in place. There’s still some minor things that need to be tweaked and I still have to go down to the courthouse and make the name change official, but we’re almost there. It will be so nice to be officially Ink Plant and to get out of this state of limbo.

The biggest change (other than swapping out logos, etc.) that I made in the switch was to separate the site into 4 categories: Company, Network, Blog, and Code:

  • Company - This was the entire site before. It consists of the stuff you’d expect to see from a web development company: a portfolio, information about us, a sales pitch, etc. This is where I want to attract new development clients and also to provide a resource area (with invoices and such) for my current clients.
  • Network - Right now, this section simply lists and links to the various sites that Ink Plant maintains as a publisher. In the future, I want to build this out to include more information for potential advertisers on the Network.
  • Blog - You’re looking at it. I’m going to try very hard to keep posting up here regularly. I’d love to use this to start discussions regarding interesting aspects of the web development business.
  • Code - This is going to be a repository of code snippets that I’ve put together. I definitely have some work to do there still because there aren’t enough code chunks to be useful yet and the design looks kinda lame. But, that’s probably going to be a project for later…

Well, I hope you like the new site. If you have any comments/suggestions, send them my way. Have a good night everyone.

Slow Transitions

November 6th, 2008

I’ve been trying to juggle a million different projects lately and haven’t had much of a chance to write up here. I wish I could just pause time for a month or two and get caught up on this gigantic checklist of tasks that I want to get done on my sites.

One of the bigger tasks on the list is switching all the Lantenengo Industries stuff over to Ink Plant (I’m going to be officially changing my business name in the near future for branding reasons). Tonight, I got a decent-sized chunk of that switch taken care of: I closed down my old blog (redirecting it to here, of course) and pulled out the code snippets that I had published there, creating the new Code section of this site.

I also published a new code snippet that generates the PHP to display a MySQL table automatically. I’ve probably written this out by hand a couple hundred times, so it’ll be nice to finally have this little shortcut. Hopefully some of you will benefit from it too. Enjoy!

Advertising to Generate Advertising Revenue

October 11th, 2008

While watching the Phillies game last night, I saw several commercials for both WebMD and Ask.com. Seeing commercials that promote websites is certainly nothing new, but these caught my attention because they relate to something I’ve been thinking about lately anyway: Does it pay off to advertise your site if your only income from the site is coming from display advertising? Well, common sense will tell you No here — Getting visits to your site through advertising is almost certainly going to cost more than the advertising revenue that those visits generate. But… Why are the big guys doing it if it doesn’t pay off? Are we missing a piece of the equation here? Yes we are: the difference between visits and visitors. Although the specific visits coming in aren’t going to generate as much revenue as what you paid to get them there, somewhere down the road (if you have a good enough site that they keep coming back) they will eventually pay back that original advertising cost. How far down the road? Well, that depends on a lot of different factors. But, here is a case study that you can use as an example.

My network is admitedly a small fish in this big Internet pond, so I don’t typically have a lot of advertising dollars available to throw around. In fact, I’ve never really spent anything advertising for it before a few weeks ago when Visa was nice enough to give me a $100 credit on Facebook Ads. (I have done a fair amount of AdWords management for my clients in the past though, so I understood how the whole CPC system was setup.) I decided to spend the whole thing on my running site and chose the keywords running, run, and marathons as the targets of my campaign. After playing around a bit the first couple days, I settled on $0.21 as my default bid per click and set a $10 a day limit (No, I wasn’t kidding when I said this was a small experiment). So, 11 days and $100.58 later, I had generated 472 clicks from 509,441 impressions.

Of course, not all 472 of those clicks turned into registered users on my site. There was a fairly high immediate bounce rate of 49% (which I’ve heard is common when using Facebook Ads). And, of those that remained, only 36 (15%) went through the registration process and became registered runners on the site. (Note: That 15% number seems low to me. I’m brainstorming ways of improving it. Maybe quicker registration? More appealing style? But, that’s a topic for another post…) So, I ended up paying $2.79 to acquire each new runner.

Now, registered runners average 44.8 page views each month. All my advertising revenue on East Coast Runners is currently coming from AdSense, so I can easily find that my Page eCPM (the average revenue from each 1,000 impressions) is $1.44. So, in theory, to pay back the $2.79, I’d have to wait for the runner to visit 1,937 pages. At 44.8 pages a month, that’s over 43 months away. According to this simple calculation, it would take three-and-a-half years to break a profit.

Of course, there are other things to take into account: runners from the original ad campaign might share the site with a friend (+), or they might stop using the site before their required 3.5 years (-). Also, the 92% of visitors who didn’t become runners generated advertising revenue of their own (+). But these are all tough (impossible) to calculate exactly, so for the sake of argument, I’m just going to assume that they balance out to zero.

To conclude, my little experiment found that CPC advertising for a site similar to mine is not worth it unless you’re willing to deal with a really long wait before seeing your money back. Maybe that’s what WebMD and Ask are banking on — the fact that the investment will come back far down the road. But, they certainly have different conversions, return rates, eCPMs, etc. so it’s tough to say for sure.

Bounce Rate Oddities

October 7th, 2008

I was poring over my Google Analytics data this evening wondering why on earth the bounce rate on my running log site was so high when a thought hit me: What if it was because people are actually making it their homepage? I had noticed in my user traffic logs a few weeks ago that a couple users were showing up at the main page several times a day, but only adding new runs or looking at their data once a day. Originally, I thought it was bot traffic (I tend to keep an eye out for those so that I can mark the IPs and remove them from my visit logs), but then how were they signed in with the cookies? And why were the times so random? Then, it hit me that they had saved my site as their homepage and it was popping up whenever they turned on their computer. How cool is that! But, it wasn’t until today that I realized that this was part of the reason my bounce rate was climbing. Sure enough, when I broke it out, the New Visitor bounce rate was 16% lower than the Returning Visitor bounce rate. So, moral of the story is, bounce rate isn’t always everything. In this case, the fact that my bounce rate was rising (because people were setting the site as their home page) was actually a good thing.

On a related note, I discovered that 39% of my organic search traffic was coming in using the keywords “east coast runners” (the name of my site). Interesting… So, my search numbers were actually 61% lower than what the reports showed because anyone coming in off that term obviously already knew the site and was just typing it in through Google rather than their address bar. (Personally, I do this all the time — It saves you from seeing spammy sites if you accidentally misspell the domain.) So, that wasn’t really that big of a surprise, but this was: People coming in off that search term had a 69% bounce rate! Why would that number be so high? I’ve been pondering this for a while but can’t come up with an answer. Why would you search for a site by name, go there, and then immediately leave? Making this even more interesting is the fact that (as you would imagine) 85% of people coming in off the term are returning visitors. So, they know what to expect from the site, they search for it anyway, and then they bounce? WTF?

Introduction

October 5th, 2008

Welcome to the new Ink Plant Blog.  As you can tell, this is still a work in progress.  I’ve been re-thinking the way that I wanted my business blog to be setup, and wanted to get started on writing it even though I don’t have the time right now to make the design pretty, etc.  So, forgive that please.

I lost motivation a bit on my old blog (NYC Web Design) and haven’t posted anything there since June.  I think a big part of that was because I was approaching the concept in the wrong way.  Instead of actually blogging, I was attempting to write tutorials, code snippets, etc. and the whole process became a chore.  So, with this fresh new blog, I am going to have a new approach — I am going to write this as though it was my business’ diary.  No, we’re not going to talk about crushes and fabulous outfits, but we are going to talk about what’s happening in the day-to-day life of Ink Plant.

I’m still going to try to do some of that tutorial/article/how-to-guide writing for SEO purposes, but I am going to do so on “real” pages rather than a blog because I think that’s a more suitable medium.  And, when I publish new pages there, I’ll simply write a little announcement here.  So, if you sucscribe, you’ll still be kept up to date with all those developments.

Another thing I found was that my posts were way too long and I’d put off writing because I didn’t have time to put together a masterpiece.  No more of that either.  These are going to be shorter and to the point because you’re probably just as busy as I am and have better things to do than read long, drawn-out blog posts.  So, with that in mind, I’ll call this good.


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