Our natural inclination when presented with terms such as “keywords,” “trend research” and “data mining,” is to associate them with SEO… to imagine “How can I utilize this information to drive traffic toward my site? Ken Jurina and Curtis Dueck of Epiar march to a slightly different beat. Mining data and conducting keyword research, they’ve discovered that we’re able to do far more with this information than choose the proper keywords for a title tag. At Chicago’s Search Engine Strategies Dueck and Jurina shared their vision with WebProNews.
According to Dueck, “We have the ability to put our finger on the pulse of history in the year 2006: What people want… just by the way that they’re entering stuff into search engines.” Closely following the ebb and flow of search trends equips us with a window on political opinion, popular culture and the current view on any other topic we wish. “It’s mind boggling.”
With this power, market research has been turned on its head. Jurina adds, “[This is the] largest sample size you could ever want.. the biggest focus group… and the information is unbiased as no one even knows they’re really being watched… Instead of having to look through a small sample of phrases, we’re usually looking at eighty thousand, a hundred thousand or multiple hundred thousands of phrases. So as a result you are collecting some good information that can provde some great business direction and trending information.”
Many traditionalists are having trouble coming to grips with this new capacity for knowledge. Yet, previously where few pursued such marketing angles, many are now beginning to realize its potential.
Dueck mused, “The evolution within the mainstream industry has been really interesting. We’re showing just the tip of the iceburg… and people’s jaws are dropping.”
It’s certainly exciting for marketers to dwell on the notion of such a vast pool of information, yet the best is yet to come. As search data collection continues, this set gets larger and the data gets richer. Jurina commented, “[Marketers need] to identify the long tail phrases versus the short one or two word phrases which are much more difficult to determine the intention of what the person is looking for. Is there a likelyhood that they are going to be converting? …This is where the real opportunity to conversion is.”
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Sound like two very smart guys and their product/services could be very valuable. Will check to learn more. Great interview!
Is this something that most people already know?? Corporate America will always take something that is an “in” thing and blow it to the next level..
Thanks Curtis I will check it out.
… Go here to read more about our data sources: http://www.epiar.com/market-research-blog/market-research-5/
One of the key differentiators of Epiar research is not how we mine data, but rather how we analyze it. Mining data in 2006/7 is a relatively easy problem to solve. The problem has shifted toward: “What do I do with it all?â€
What Epiar delivers is custom research services that don’t involve you taking 6 months off to figure out how to build your own research machine & conceptual framework. Surfing through long-tail data might seem like a fairly straight-forward job at first, but gleaning meaning from several hundred thousand data points and keeping everything straight in your head is more complicated than it seems!
Our home-grown software and techniques let us analyze information and observe patterns really quickly, doing in weeks what would take much longer otherwise. I think we’ve got pretty cool tools, but I might be biased.
Yahoo Buzz and Google Trends are great and I like playing with them too. However, its hard to get a comprehensive view of a complex business’s online marketplace using those tools alone.
Click here to read more about our
How is this different than what the Yahoo! Buzz Index and more recently Google Trends have been doing?
We know where Wordtracker gets their data, we know where Keyword Discovery gets their data, where does Epiar.com get their data from? Also how do they estimate the total search traffic from all three major search engines within many of their studies.
Do they just data mine blogs/websites and produce the keyword data? Help me understand, very interested!