What is Overture Local Match
Created 7/10/04
 
Overture Local Match is a pay-per-click web marketing tool developed by the inventors of Pay-Per-Click advertising that limits and targets your advertising to the customers that are close to you geographically. Local Match takes advantage of the tendency for people to look up local information on the world wide web. When your customer is viewing the local whether forcast in Yahoo, or reviewing realestate listings searching for that new home, your ads will be shown on the search engine. Your ads click through, not to a web site, but  to an online listing that contains a map to your location, address and contact information, a link to your web site if you have one, your store hours, and possibly other usefull information about your business. It is best suited to bricks and mortar companies that primarily want to drive traffic to their door, and only secondarily want an increase in traffic to their web site. Local Match can be used either by those with, or without a web site.
 
This is a brand new product from Overture that we are very, very excited about. Here's our understanding of the product, so far, and we fully expect to rewrite this review as we learn more. This article will also present some of our experience with web promotion on a local level in general. All of this is relevant to a review of the potential for building your business locally, while thinking globally.
 
How it works:
 
Create Overture's Local Match Account
Once you have funded your account with the minimum of $20, you will have access to Overture's DirecTraffic console.  If you are familiar with Overtur'es Precision Match service, then this web site will have a familiar look and feel. If not, honestly, it can be a lot to take in at first glance. If you've never done any pay per click advertising, you might want to seek out the assistance of someone to help you get started.
 
Enter your Search Terms (Keywords and Phrases)
You have a screen that allows you to enter Search Terms. Just like optimizing your web site, you want to enter as many keywords (Overture calls them Search Tearms) as possible. This is the most important step, so take some time, get relaxed and be creative. Spend some time with it. In my first sitting, I was only able to come up with about 30 keywords to use as search terms. Knowing this was not enough, I decided to leave it alone for awhile, and start again.  On my second try, I was able to come up with about 240 combinations.  A nice start.  I'm of the opinion that you probably need about 500 - 1000 search terms to effectively use this tool. Their keyword suggestion tool is very nice if you're just having trouble being creative on your own. It allows you to enter a couple words, and see the various combinations based on the previous months searches. Handy, but still no substitute for creativity.
 
 
Create your Listing
Meanwhile, as you are doing your search word brainstorming, take a minute to create your listing. Your listing is an ad that contains a map to your brick and mortar store front, (just like the Yahoo maps, and MapQuest maps the we all love) or other physical address. You will enter the area of coverage for your ad placement, from 0.5 mile up to 100 miles away from your office. This is your advertising reach.
 
Once your search terms and your listings are approved, and your ads get into the partner sites, your ads will be shown in conjunction with other relative content. This is similiar to pay per click, but limited to the geographic range that you selected. The listing your customers see will be a static ad, and if your business has a web site, you can have a clickable link right on the listing.
 
When someone clicks on your ad they will see a map to your office, your address, a link to your web page if you have one, and other details about your business.
 
About Overture's ads and listings - The editorial review process
Gettin your Search Terms into the DirecTraffic Sites means they must undergo the scrutiny of an editorial review.  Overture is very picky about the ads that they display and push out to their partner sites.  And for good reason. They want the ads to be relevant, have no misspellings, no superlatives, generally good straight forward ads. Why are they so picky?  Let's face it.  The Internet already has a reputation of being like the old wild west where it seems that anything goes, and you can say anything about anybody. Well, that being the case, Overture wants to make sure that when you see a Sponsored Listing on their partner sites like Yahoo, that the ad has been approved, is not misleading, and generally points to relevant information.
 
Overture wields a lot of power. If they do not like an ad you are trying to place, they simply decline it. An ad can get declined for something as simple as 1 misspelled word. Declined ads go into a kind of purgatory on the DirecTraffic site and remain there for a period of time. This allows you time to look over the declined listings, make corrections, and resubmit the ads for approval.
 
Declined listing can either be ignored and you can start over from scratch, or you can attempt to recover by editing the ads to correct the problems. Its a fairly simple matter to re-submit.
 
The Shift to Shopping Local
A recent study by the Kelsey Group and BizRate found that local commercial searches – those seeking merchants "near my home or work" – represents approximately 25% of all searches being performed by online buyers.
 
We've been observing this paradigm shift for a couple years now. In Beaumont, Texas, we had our first entry into the regional directory market a few years ago. It is called SoutheastTexas.com and I recommend you check it out. This portal/directory has become the single most recognizable URL by the common guy on the streets locally.
 
The success of SoutheastTexas.com partially is the fact that noone else locally does what they do as well. Part of it is the free advertising recources they offer, but everywhere you go on the internet they're either giving away ads, or selling them for dirt cheap prices. Most importantly, we at www.TriangleWebSites.com believe that it is the co-sponsership by established advertisers in the local community.
 
SoutheastTexas.com has partnered with the biggest advertising names in our region. You still hear highly successful local merchants and retailers advertising for you to  "see our specials on the Internet at SoutheastTexas.com." I hope you're really reading this. Not just skimming the highlights of this page, because this is one of the secrets to developing a web based business that is a huge success, with hundres of thousands of hits, and orders that come in faster than you can fill them. This is how you become a huge success with internet marketing. Your site has to be a place of value, of curiosity, and must benefit others. Your site must not be a vending machine.  SoutheastTexas.com has a long tradition of providing a limited amout of free advertising to anyone who needs it.
 
I know you're on this page to learn about Overture Local Match, but please bear with me, this is so important you have to understand this. SoutheastTexas.com is giving away ads for free on their site for 1 time advertisers to draw a flood of traffic. They have partnered with advertisers that would be paying big bucks for radio and TV anyway. By mentioning SoutheastTexas.com in the same commercial their building a local information franchise. This creates instant credability for SoutheastTexas.com. I can only assume some sort of cost sharing exists for the big name advertiser. How powerful is that?
 
They are giving away free advertising to generate a flood of traffic to their site, with advertising subsidized by their big name advertisers, that are all too happy for the exposure because you cant get to the free stuff without seeing the huge banner ads on the front page. It's synergy. A word you'll be seeing a lot in this web site. This synergy of advertisers large and small has positioned SoutheastTexas.com as the first stop shop, the goto-guy, the place you go first for all things local to the Southeast Texas area.
 
I remember a few years back when the Internet as a market place was just beginning, the buzz was "build local but think global."  Everyone was saying, "your small business can go international" with the world wide web.  That is as true now as it was then.  But the interesting thing is that lately, just the opposite is happening. People have the tendancy to surf global, then shop and spend their money local.
 
Ideal for Lawyers, Dentists, Real estate agents, Car dealers, CPAs, Florists, Hotels
Overture has created a product that will take this trend and, for the local advertiser, use it for highly targeted local advertising. Local portals have paved the way, adding local value to the world wide web, but now things are about to get really interesting.
 
Some "local" observations over the past year
Chances are, if you're reading this web page, theres only about a 1% chance you're physically near our office. That's the beauty of the Internet when your business has no geographical limitations. So I encourage you to click on the next link, study what SoutheastTexas.com is doing as a regional portal. Identify who in your local region is offering this kind of resource. Start there, because thats the fastest way to establish a local web presence. As a reference, our tiny little basic non-bold ad on SoutheastTexas.com, buried way down in the directory under web designers costs about $65/year and drives a huge amount of traffic to this web site.We're members of the Beaumont Chamber of Commerce, we cold call on local businesses, use telemarketing, some direct mail, of course the internet advertising you're reading now, and we keep hearing the same thing over and over....Which is something like this:  "Customers will come to us with printouts in hand, showing us exactly what they want. When we ask them where they got the information, they say from the Internet."
 
Just the other day I was talking with a client and she said, "Lately, when people call to book parties, they almost always ask us what is your web address?" You see, there's an assumption these days that if you're in business, you have a web site. When you tell a customer you're not on the web, they are disappointed. Two years ago these same customers were telling me that they didn't need the internet. That the internet would drive sales for their business. That may have been true then, but with Local Match, and their competitors, it is different now.
 
That was a nice little rant, but back to Overture Local Match, to kinda start wrapping this page up, Local Match is a way of tying your ad to local content on the internet.  It's a great idea, and it's curious that it's taken so long to get here.  Overture's ability to display targeted ads to an audience that is from 0.5 - 100 miles from your location is extremely powerful.  Though it is so new that it is considered unproven, I bet this is going to be the best offering from Overture ever.
 
Local Match will get people to your door, and secondarily, it will deliver hits to your web site. Once you have well chosen search terms you will probably get more traffic than you expect. But if you truely want to be an internet entrepreniour, if you want to be an internet success story, if the idea of growing your revenue 20% is nice, but what you're really after is a 20,000% increase, then here's another secret to internet marketing.  You've got to be the go-to-guy. You've got to be the  all knowing source of information for your chosen product or service. I don't know what you're going to sell yet, but I can assure you that someone out there is delivering it cheaper and  faster, and they are smiling when they do it.
 
If you're going to be the 6,745,983rd entry into the low price concumer electronics arena on the net, well, I am especially am talking to you right now. You better have a web site that is filled with content. Excellent content. The kind of content that makes the people that read about products want to stay up late at night reading your site. And while you're doing that, you might want to consider joining some affiliate programs to help supplement your sales.
 
You should really think strongly about surrounding your core product with peripheral products that ad value, complement or enhance your core product, and that you can get paid a referral fee for when a sales is processed. On top of that, don't be afraid to promote your affiliate program with a little cash. Search engines are great, but spend a little money with Overture to discover what works. Overture delivers immediate results, rather than waiting for weeks to see what changes to your website do to search engine rankings and traffic.
 
I don't mean to be discourageing here. Actually just the opposite. The Internet is the fastest and cheapest way to test new marketing ideas, products, and strategies. If you're already successful in business, we're quite sure that you will do what it takes to be successful with your e-commerce marketing. If you're just starting out, well, we did that too at one point, and we're still learning. Having an e-commerce enabled virtual storefront doesn't mean beans the potential customer that is picking your site to visit out of a list of thousands.  And consider this, your site is now competing, not with the electronics store down the street, but against the best talent from Austin, Seattle, and Silicon Valley. Be ready to learn new things. Stick with the winners that have survived the past few years. As we're half way through year 2004, new alternatives to what works have been entering the marketplace lately.
 
We, as  business web site development company believe and expect that the  best idea for retailers wanting to generate income from the world wide web to have come along this decade, so far, is a focus on local marketing. Overture Local Match is going to make the process a lot easier.
 
Our Experience with Local Match - 7/10/04
Well, looks like we made it through editorial review today. We funded our account a few days ago with the minimum amount, and now have some decent search terms, and our listing approved. Triangle Web Sites.com, by the very nature of our business, has practically no walk in traffic. We're a little sceptical that this is going to work for us. However, we have a couple clients that have heard about it, and started asking us questions.  As always, we don't like to recommend anything we haven't used ourselves, or had direct experience with. So we set up an account.
 
Briefly though, I'd like to mention a couple of businesses that we think would benefit. In Beaumont, there's a bicycle store we're very fond of, and have become friends with everyone in the place. They recently moved into a new location. This is an example of a need for highly targeted local ads if I've ever heard of one, and I'm going to email the owner a link to this page when it goes online. In this case, I would not target just the obvious bicycling and bike trail keywords, I would fill the search terms list with all things sports. It's reasonable to assume that the same people that play golf on the weekends also ride bikes.  How about kids in AA little league. You could target your keywords to make associations between sporting events and the bicycle shop. Something like: Pick up your Texas Texans Hockey schedule at ___ .  You get the idea. There could be some really loosly associated keywords that I'm sure Overture wouldn't have a problem with.
 
Another business we feel that Local Match is ideally suited for is a law firm that we're developing a web site for in Orange County, TX. This firm also is relocating to a newly remodeled building down the street and a block over, and launching their web site at the same time. What a powerful way to reinforce the move in the minds of current clients, while promoting their new web presence at the same time.
 
Both of these businesses, by their very nature, are somewhat limited in practical marketing scope geographically. We expect that Overture Local Match is really going to fill the much needed and long ignored gap in local internet marketing services.
 
This product is so new that I doubt anyone can say what the results of Local Match will be. The $20 minimum deposit seems like a excellent wager in a world full of wasted advertising dollars. And truely, if you value your time, you're going to spend a lot more than twenty dollars coming up with a thousand combinations of search terms to promote your business.  That's the real start up cost with any pay-per-click advertising.  Triangle Web Sites.com has spent lots of money on ads that have had poor conversion. We've got high hopes for Local Match, but we want to stress that, as we understand this product, it is designed to get people in the door of your bricks and mortor business.
 
Please check back here in a month or two as we will be reporting our real world experience, expose any success secrets we discover along the way, and update this article to make it reflect our observations specific to Local Match.