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Our Yahoo! rep reached out to tell us about Yahoo’s new native advertising product, Stream ads.
They look almost organic, but are created just like regular PPC ads with a headline, body, destination url, and bid. You can upload an image.
So we took advantage of the free $25 credit to get started, choosing to promote our “done for you” Facebook ads service for small business.
You can get their free $25 credit, too.
Use the promo code WELCOME at admanager.yahoo.com.
Making ads
If you’ve created AdWords ads before, this will feel familiar.
Here’s a sample ad I made.
The square image size is small and non-standard, so you can’t reuse your regular Facebook creatives. If you’re testing for the first time, I’d recommend using your profile images.
The interface is easy to use- perhaps too simple.
The phone number is all over the place, if you still have questions.
Targeting and budget
Next, select who you want to target and how much you want to spend.
If you’re used to Facebook, twitter, or LinkedIn ads, you might be disappointed to see you only get city and gender-level targeting. No interest, connection targeting, custom audiences, conversion optimization, url parameters, or Power Editor.
There is no ad group feature here, for rotation of images against copy.
This is meant to be simple, such that anyone can use their self-serve tool.
Payment
The final step is to put in your credit card.
Put in WELCOME to get your $25 credit.
You have to fund an ADDITIONAL $25 to turn your account on.
So now your account balance is $50– the $25 for free and whatever you put in on top.
Careful here, since the automatic reload option is on. I’d set this to “off” until you know this is working for you.
Now log in with your Yahoo! credentials and you’re done.
The Results
24 hours later I eagerly checked the results.
The reporting interface showed I had just one click and had run out of money.
Were that accurate, then this campaign yielded a $50 CPC.
But it turns out that reporting is on a 24 hour lag.
This is not like AdWords or Facebook ads, where you have data only minutes old.
Makes optimization tricky, since you could be bleeding a whole day without knowing it.
Fortunately, we drove 65 clicks, which is an average of 35 cents a click.
We weren’t able to target interests, connections, or anything beyond major city area (DMA), remember. And with no conversion tracking, Yahoo! has no way of knowing who converted or how to optimize to more conversions.
That said, we checked the video plays in our Wistia account and saw 12 video plays in the Minneapolis area, which we targeted.
The Verdict
While we didn’t drive any sales on this small test (we didn’t expect any sales), we did see some promising signs:
- 10 of the 12 people who watched the video saw it through to the end.
Not bad for a one minute video. - 12 of the 65 visitors to the landing page watched the video.
That’s 18%, which is a bit lower than the 26% average we normally get.
Overall, not bad for a simple product that doesn’t allow much targeting.
Is this something you’d want to try for your business?
Dennis Yu
Dennis Yu is a former search engine engineer who has spent a billion dollars on Google and Facebook ads for Nike, Quiznos, Ashley Furniture, Red Bull, State Farm, and other organizations that have many locations.
He has achieved 25% of his goal of creating a million digital marketing jobs because of his partnership with universities, professional organizations, and agencies. Companies like GoDaddy, Fiverr, onlinejobs.ph, 7 Figure Agency, and Vendasta partner with him to create training and certifications.
Dennis created the Dollar a Day Strategy for local service businesses to enhance their existing local reputation and make the phone ring. He's coaching young adult agency owners who serve plumbers, AC technicians, landscapers, roofers, electricians in conjunction with leaders in these industries.
Mr. Yu believes that there should be a standard in measuring local marketing efforts, much like doctors and plumbers need to be certified and licensed. His Content Factory training and dashboards are used by thousands of practitioners.