Yahoo! has once again proven why they are Google’s top competitor. For small businesses, Yahoo! will provide real time “enterprise level data” on their e-store including products and marketing. The Custom Microsite service provides tools to track and analyze how visitors spend their time on a merchant’s website and give owners a better idea of how to plan online branding and make their website more user friendly. The third part of Yahoo! Web Analytics, called “Yahoo! Open Strategy” (YOS) is for the developers. It was designed to provide API users with “analytics-enhanced reporting” in order to better understand user engagement and habits. These will be custom made reports and allows developers and e-biz manager follow the latest trends and visitor behaviors.

Yahoo! Web Analytics boasts ten specific services and benefits:

An Executive Dashboard which allows managers to customize the metrics, benchmarks and gauges in order to track progress, identify issues and set achievable goals. What I like about this feature is that every employee can have their own dashboard if you want them to. Personally I would stick with strictly management access, but the point is that you have a choice.

Custom Reporting Wizard allows managers to organize reports and include/exclude data according to what your business needs are.

Advanced Campaign Management measures CPC, CPM, CPA and ROI of each form of advertising. Because it’s real-time information, managers can adjust their budget, and organize reports as needed.

Real Time Segmentation analyzes each customer demographic and segment individually. This will permit managers to view how website visitors are responding to landing pages, campaigns, layouts and calls to action. It also enables managers to identify target groups of visitors so that they can better utilize their marketing budget.

The Live Cost Analysis compares search engine prices from Google, Yahoo! and MSN and integrates the data from revenue on your website, measures your paid search ROI and analyzes keyword effectiveness.

Managers can also analyze purchasing patterns, track product and product combination sales as well as preview their carts and suggest additional items they may be interested in with Yahoo!’s Merchandise Reporting feature. Reports can be created to track cancelled or changed orders and calculate your campaign’s profitability.

Scenario Analysis actually allows mangers to track visitor paths, behavior, and task completions allowing managers to redefine processes for the future as well as how those would have worked well in the past. This goes hand in had with the Advanced Path Analysis feature which allows managers to view popular user paths as a branched map.

Yahoo! Web Analytics allows managers to view and compare multiple reports side by side with their Comparative Reporting feature. Managers can bookmark reports and analyze their history to improve future processes and campaigns.

Marketing Workflow Management allows internet marketing managers to monitor the website and manage reports. This feature allows you to see how random and planned events (such as power failures, website changes or holidays) can affect website traffic. It will also send out an email alert to bring any changes to the manager’s attention. Colleagues can communicate, share notes and reports on their dashboard as well.

A substantial amount of searches performed online are direct brand searches. In other words, people are searching for companies by name. In order to make sure that your business name isn’t drowned out in the rankings, be sure to follow some simple rules:

Get some hired help. I highly recommend hiring a SEO agency, marketing firm or SEO consultant to think of something for you. But if you insist on doing it yourself…

Make sure that your business name does NOT contain any popular or highly competitive keywords. A name like “Jill’s Discount Toys” is more likely to get ranked poorly if “discount toys” is a hot keyword, even if a potential consumer searches for Jill’s company by name. The reason: Because if “discount toys” is a competitive keyword then everyone is going to use it.

Think about acronyms. Can your business name easily be shortened into initials? Think IBM, MRI, AIG or UNH. All of these are businesses with names that the general public thought would be easier to shorten to a set of initials, and therefore search for them that way. The problem is that there’s always more than one business out there with the same acronym and the likelihood of not being drowned out (especially as a small and brand new business) by those other guys is pretty slim. I’ll give an example: Let’s say your business name is the “Salvatore Engineering Operation”. It’s very easy for the general population to search for your business as SEO… well we all know what that is going to bring up and it’s not Salvatore Engineering Operation. So be careful when advertising and putting your name out there.

Be memorable. Easier said than done, I know. Using a clever name, logo or tagline can help people remember your name better. People also remember colorful marketing, unusual color schemes and well organized and branded company logos/names. When people can make an association between your name and something clever, it is easier for them to retrieve that information from the back of their minds. This will also help to prevent people from turning your business name into an acronym.

A common scenario: “Uh, I know it started with an “S”… “S-S-Something” Engineering Operation… oh well, I’ll just Google SEO.) They may also decide to search for the only words they remember: “Engineering Operation.” These two very general keywords will bring up all kinds of companies, none of which are probably yours.

Don’t forget to think locally. If you think your name may be turned into a set of initials, (and you’re absolutely stuck on naming yourself that) then think about putting your state, providence, country or whatever place you feel necessary into your name. “SEO of Maine” or “Napa Valley SEO” may get your business name a little closer to the first page of search results – although it’s still unlikely in the case of “SEO”.

Don’t spend your SEO budget unwisely. You need a place in the rankings, but your new company name just isn’t raking in the hits. So you start to think about PPC and Sponsored Ads. The problem with PPC ads when your company name consists of competitive keywords or ellipses, is that you are going to illicit a lot of poor quality clicks. In other words, anyone searching for an SEO company may click on your PPC ad, but they won’t help to generate an income since your SEO is an engineering company. Without the right name those PPC ads are just costing you money.

Do your research. Get a list of ideas together for your company name and start searching for them online. Also do some searches for abbreviations, possible misspellings, partial names and any other possible ways that a searcher can screw up those business names you’ve thought up. You can even try “reverse engineering” the process by looking up the least popular keywords you can find and building your company name from those. Above all be flexible. Don’t get stuck on one name and be stubborn about it. If it won’t work, then it won’t work – end of story.