Blog Content Based Solely on High Paying Keywords
Doug Nelson writes "Michael Buffington chose to build a weblog using highly automated content aggregation tools around a single keyword, asbestos, because of the high click through rate associated with the ad.
'The subject matter, while weighty and all that, is of little importance to me. It's not that I don't have opinions on asbestos and asbestos reform, because I do. The whole point of the site is to experiment with an idea. I built a tool that helps me aggregate topical news with the help of Google's Alert system. So far it works wonderfully. But there's a second motive as well. Right now asbestos reform and asbestos related litigation is on fire. Lawyers are paying anywhere from $15-100 per click through on Google ads. The second part of this big experiment is to see if I can capture some of that click through revenue while still providing a somewhat valid service to people who might arrive by search results.'"
Roland Piquepaille does that now with Slashdot. Aggregate content and redigest it and offer it up for viewers with advertisement banners readily available.
Not saying there's anything wrong with it, it's just a little antithetical, if you know what I mean.
"Asbestos" is too generic. "Asbestosis" would be better, but the word the ambulance chasers pay a lot for is "mesothelioma", on the assumption the person typing that word already has that problem or is close to someone who has it. I would have thought "pneumoconiosis" would be high on the list, but no-one seems to be tagging it.
What Buffington is doing is hardly new. Bloggers have been chasing high-paying keywords from the day AdSense was announced. The trend accelerated last year when the Wall Street Journal did a front-page feature about how much lawyers were paying for asbestos-related keywords. Tons of webmaster-related web sites offer tips on similar AdSense strategies, and there's even companies offering to sell databases of high-paying keywords for $199. This guy is actually way late in adopting a widely-used strategy. But by discussing his motivations so directly, he got linked on Boing-Boing and Slashdot. He's an accidental marketing genius. Go figure.
RichM
Data Center Knowledge
I've been recently investigating Google's Adwords but was concerned about Adwords fraud happening to ads for my own website, which, in the spirit of the parent, I'll shamelessly promote.
...'
I'm a bad person. *sigh*
Anyway, Google lets you configure your adwords account so the ads appear only on Google and not on the army of less-than-scrupulous click-my-site's-ads-for-profit Adsense associates.
From Google's Adwords Support:
To edit your ad distribution preferences:
1. Log in to your AdWords account.
2. In the 'Campaign Summary' table, click the appropriate ad campaign.
3. Click 'Edit Campaign Settings' above the Ad Groups table.
4. At the bottom of the 'Edit Campaign Settings' table, locate the
checkboxes below 'Show ads on Google and
5. Click the checkbox next to 'search network' to check this option. Your
ad will be included on additional search sites in the expanded network.
Please note that if you click again to remove the check, your ad will not
be included on these sites.
6. Click the checkbox next to 'content network' to check this option. Your
ad will be included on additional content sites in the expanded network.
Please note that if you click again to remove the check, your ad will not
be included on these sites.
7. Click 'Save All Changes' at the bottom of the page to finish. Your ads
will always show on Google's search site, but you can select additional
option(s) based on where you would like your ads to appear.
And so far, my estimates on click through rates are way off. Like, I was smoking crack off. It's too early to tell at this point because Google doesn't give you specific ad stats until three days of data exists, but my guess is that current click through rates are a little over a $1.00. That suggests either two things - my estimates on what advertisers spend is way off, or that Google takes an insane cut. I'm inclined to think the former.
(http://www.michaelbuffington.com/archives/2005/02 /the_grand_expir.html):
Personal Use Only The Google Services are made available for your personal, non-commercial use only. You may not use the Google Services to sell a product or service, or to increase traffic to your Web site for commercial reasons, such as advertising sales. You may not take the results from a Google search and reformat and display them, or mirror the Google home page or results pages on your Web site. You may not "meta-search" Google. If you want to make commercial use of the Google Services, you must enter into an agreement with Google to do so in advance. Please contact us for more information.
It's good to see you've made it. Don't you love that Ms. Jackson song? Yeah, I know, it roolz.
Seriously, if you want a heads-up on web marketing, check out the porn industry today to see what you'll be doing in 2007.
Having worked in this space for the past few years, I can provide some insight. There are two parts to this issue, the person paying for clicks and the person generating the clicks.
The asbestos mesothelioma bandwagon started a few years ago when the government set aside a multi billion dollar trust fund for victims. In order to dip into the trust fund, a lawyer needs a valid victim of asbestos. The name of the common disease for those that suffer from asbestos exposure is mesothelioma. The average payout is $1M and the attorney commissions are 40%. This explains why attorneys are willing to pay high prices for clicks. Clicks go for as much as $100 on Overture however in practice you never see those high CPC rates. A year ago, $30 clicks were normal; today it's more like $0.25-$5. Even at $100/click, attorneys are taking in huge profits. Paying $10k for a case or 100 clicks at $100/click can be a good investment if you can generate $400k in attorney fees for that case.
Setting up a website to capture these pricey clicks is simple but doing it well can be nearly impossible. The asbestos/meso space is as competitive as it gets. Setting up a blog, creating doorway pages, links and content will only generate a little traffic. Doing well in meso requires aggressive SEO, solid optimization, links and content. Having a lot of traffic makes it easier to monetize. With enough traffic you can lease your site to law firms. AdSense is generally very inefficient so it makes sense to cut out the middle man. Kicking publishers out of Adsense will not stop these sites.
It is an interesting space. The huge settlements that lawyers have been able to generate has fueled a frenzy of SEO activity in the past year. The same activity is seen on TV and print media in Vioxx ads. The most surprising thing here is people are acknowledging online advertising and its ability to sell almost anything.