Word on the online world is that Sean Suchter, Yahoo’s top search engineer has left Yahoo the day after Jerry Yang stepped down as CEO. Yang was well known for his dedication to Web Search with his strong, perhaps stubborn efforts to grow this sector of Yahoo’s business including the rejection of Microsoft’s bids.

The tipster who gave this information to valleywag.com, states

“Today is the end of Yahoo Search. Sean Suchter just left for Microsoft. Everyone in the office is shocked. I’ve been on the Yahoo Search team for a while and he is the one key executive that it all depends on. If Microsoft has convinced him to leave and join them, they won’t need to buy Yahoo Search. We will just all join Microsoft anyway. I am definitely going to send him my resume.”

Suchter apparently commanded a lot of loyalty and respect from the Yahoo search group. Yahoo has already lost a search executive, Qi Lu, to Microsoft. Will there be more to come? Could Microsoft end up hiring it’s way into Yahoo’s search business?
(more…)

Yahoo’s cofounder Jerry Yang will step down as CEO and return to his former role as Chief Yahoo. Yahoo Board of Directors has initiated a search for a replacement. Jerry will transition as soon as they appoint a successor.

Yang, 40, has been the CEO since June 2007 when the Board of Director requested that he take the lead role. He has led Yahoo through a strategic repositioning and transformation of its platform. However Yahoo has struggled this year with plummeting stock value starting with the rejection of Microsoft’s attempt to acquire Yahoo. Recently the Yahoo Google deal also fell through.
(more…)

Google and Yahoo has abandoned their efforts to overcome the objections of the antitrust regulators who have hindered it’s progress because they believe it would give Google too much power over online advertising.

This was announced today [Wed Nov 5]. This could be seen as another hit for Yahoo is currently at $14.02 a share. Yahoo had previously hoped that this deal would give a $800 million boost to it’s revenue line. It was a reaction deal to the shareholders anger over management’s decision to forego the $47.5 billion takeover deal by Microsoft.

Google had previously announced that this deal would have been great for the online world. However Google is not expected to take much of a hit because of it’s dominant hold on search marketing.

“We’re of course disappointed that this deal won’t be moving ahead,” David Drummond, Google’s chief legal officer, wrote on a company blog. “But we’re not going to let the prospect of a lengthy legal battle distract us from our core mission. That would be like trying to drive down the road of innovation with the parking brake on.”
(more…)

SEM in the travel space is not easy. We know, as here at LeadQual we have a number of travel related clients serving different parts of the world. To help all those who struggle and work hard in this space, I wanted to share some data from a ComScore study of 50,000 UK web users. This study focused on user behavior and trends for the online travel industry. Some note worthy facts.

“I like to take my time to buy”

• 15.9% of purchasers buy holiday travel items from the first site they visit
• But only 1.6% will buy in their first session
• This means 14.3% will return at a later time!
• Most users will visit your site at least twice before transacting
• On average it takes 29 days for a transaction to occur for a holiday user
• 30% of transaction occur more than 6 weeks after initial search!

Note: Check delayed conversion especially on Google accounts. Re-pull old reports and update your conversion information. Note that Google’s cookie is only 30 days, so check your backend data to determine if the value of the clicks you are paying for are worth more than it has.

“If I remember your name, I’ll be back”

• 35% of Transactions occur without a keyword search
• Almost 50% of travel searches are brand keyterms (names of companies)

Note: Branding is huge! Good URL is crucial. Bidding on Brand even more crucial!A user may come in and see your PPC ad, but end up not making a decision right away. When they are ready, if your URL is memorable and easy, they’ll just type that in the browser and purchase.
(more…)

Yesterday, Yahoo announced the rebranding of IndexTools into Yahoo Web Analytics. It is currently in beta and only available as an enterprise product. IndexTool was acquired by Yahoo in April 2008. Yahoo immediately started to work on integrating the tool in a similar fashion to the well known Google Analytics. The service was made free with the distinct advantage of having data updated every few minutes.
(more…)