Digital Marketing in 2024:  7 Behavioural Economics Principles You Can’t Ignore

Do you ever wonder why your digital marketing campaigns aren’t converting the way you expect? Have you noticed your customers browsing but not buying? Or maybe your emails aren’t getting the attention they deserve? It’s frustrating, isn’t it? The good news is, there’s a way to change that. By understanding how people really think and make decisions, you can tap into the power of behavioural economics to influence their actions.

In this blog, we’ll explore simple but effective strategies you can use to boost engagement and drive more conversions. Ready to find out how? Let’s dive in.

Introduction to Behavioural Economics

Behavioural economics explores the psychological factors that influence economic decisions. For example, why do you instinctively pick a particular brand of coffee at the supermarket, even when there’s a cheaper option right next to it? It could be because you’ve seen that brand everywhere—on billboards, TV, and in your favourite influencer’s post. You start to trust it more without even realising it.

Unlike traditional economics, which assumes that individuals always make rational choices, behavioural economics acknowledges that humans are often irrational and influenced by cognitive biases.

Key Principles of Behavioural Economics

1. Loss Aversion:

Loss aversion means people feel more pain from losing something than the happiness they get from gaining something of the same value.

For example, losing ₹100 will upset you more than finding ₹100 would make you happy!

Agoda: “Only One Left” is an example of LoA

Amazon makes excellent use of loss aversion in its lightning deals. By showing how much a customer could save if they purchase before it ends, Amazon creates a sense of urgency, making the fear of missing out on savings a powerful motivator for action. Similarly, Agoda use the same with hotel bookings.

This tactic plays on customers’ reluctance to lose a perceived deal rather than simply gaining a discount. This tactic reinforces the idea that waiting means losing out​.

2. Social Proof

Social proof is when people copy what others are doing because they think it must be the right choice.

For example, if you see a restaurant packed with people, you’re more likely to believe the food is good and want to eat there too!

Agoda: “14 Booked today” is an example of social proof

Agoda leverages social proof by showing how many people booked the same hotel or how many left. This creates a sense of urgency and validation, encouraging users to book quickly to avoid missing out.

The presence of real-time data (“14 people booked this property today“) reinforces trust, especially in uncertain situations like choosing accommodation in a new location.

3. Anchoring Effect

The anchoring effect happens when you rely too much on the first piece of information you see, which affects your later decisions.

For example, if a shirt is marked as originally ₹2,000 but now priced at ₹1,000, you think it’s a great deal because your mind compares it to the higher price first.

Agoda showing 2929 and then showing 2231 is an example of anchoring

When browsing hotels on Agoda, you might see a price listed as ₹2,929, then see it crossed out with a new price of ₹2,231. This makes you feel like you’re getting a significant discount because your mind compares the new price to the higher, original price first.

The higher-priced listings were used as anchors, making subsequent deals seem more affordable by comparison. This method subtly influenced consumers’ perception of value, making them more likely to purchase​.

4. Framing Effect

The framing effect happens when the way information is presented changes your decision-making.

For example, people are more likely to choose a snack advertised as ‘90% fat-free’ rather than one labelled ‘only 10% fat,’ even though both mean the same thing.

Example of Framing

Food products and insurance companies use this effect regularly. A health insurance company might highlight that ‘90% of claims are settled with their care’ rather than mentioning that ‘10% are not settled,’ making their service seem more reliable and positive. The catch is that in 1000 people, 100 claims were denied 🙁


5. Decoy Effect

The decoy effect occurs when an additional option is introduced to make another choice more attractive.

For example, if you’re choosing between two coffee sizes—small for ₹100 and large for ₹200—but then they add a medium option for ₹180, you’re more likely to pick the large one because it now seems like a better deal compared to the medium.

Hostinger: Decoy Effect example

Hostinger effectively uses the decoy effect with its four-tiered pricing plan:

  • ₹69 for the basic plan, ₹149 for a more feature-rich option, ₹249 for even more benefits, ₹699 for the enterprise-level plan.

Here, the ₹249 plan acts as a decoy. It makes the ₹149 plan seem like the best value because it’s more affordable than the higher-priced plans while offering sufficient features. This strategy subtly pushes customers towards the ₹149 plan, increasing its sales, much like how The Economist used the decoy effect to boost subscriptions.


6. Priming

Priming is when exposure to one stimulus influences how you respond to another, even if you’re unaware of it.

For example, red is often associated with urgency, danger, or importance, which can prompt quicker action or attention.

Example for use of Priming in Agoda

Agoda uses priming by highlighting certain areas in different colours, such as when it shows a red or orange banner with the message “This property is in high demand.” This subtle visual cue primes users to perceive urgency and scarcity, encouraging them to act quickly to avoid missing out.

Next time, when you browse Agoda go through the colour differences, you will understand this better.


7. Endowment Effect

The endowment effect means people value something more highly simply because they own it.

For instance, Volkswagen cleverly uses the endowment effect with their “Free Range” test drive experience. They let potential buyers take a VW for an extended test drive, even overnight.

Free rage test drive is an example of Endowment Effect

Once you’ve driven the car, parked it in your driveway, and experienced how it fits into your daily life, it starts to feel like it’s already yours. This emotional attachment makes it harder to give up the car, increasing the likelihood that you’ll buy it.

By making the test drive more personal and less confined, Volkswagen taps into this psychological principle to boost sales.

FAQs about Leveraging Behavioural Economics in Digital Marketing

What is behavioural economics?

Behavioural economics is a field that combines insights from psychology and economics to understand how people make decisions. It acknowledges that humans are often irrational and influenced by cognitive biases.

How can loss aversion be used in digital marketing?

Loss aversion can be used in digital marketing by highlighting what consumers stand to lose if they do not take action. This can be achieved through limited-time offers, free trials, and emphasising the benefits they would miss out on.

What is social proof and how can it be leveraged?

Social proof is the tendency of people to follow the actions of others. It can be leveraged in digital marketing through customer testimonials, user-generated content, and influencer partnerships to build credibility and trust.

How does the anchoring effect influence consumer decisions?

The anchoring effect influences consumer decisions by providing an initial reference point that affects subsequent judgements. In digital marketing, this can be used by displaying original prices alongside discounted prices or presenting high-value products first.

Can behavioural economics principles be applied to all types of digital marketing?

Yes, behavioural economics principles can be applied to various types of digital marketing, including email marketing, content marketing, and website design. By understanding and leveraging these principles, marketers can influence consumer behaviour and drive conversions.

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By integrating the principles of behavioral economics into your digital marketing strategies, you can better understand and influence consumer behavior, ultimately driving higher engagement and conversion rates.

How Storytelling Can Elevate Your Content Marketing Strategies in 2024

How to utilise the power of storytelling in content marketing to engage audiences, foster emotional connections, and drive conversions. Let’s elevate the content marketing strategies today!

Storytelling has long been a powerful tool for human communication, but its significance in content marketing has surged in recent years. By weaving compelling narratives, brands can engage audiences, foster emotional connections, and ultimately drive conversions. In this article, we will explore how storytelling can elevate your content marketing strategy, providing practical insights and examples.

Key Takeaways

  • Engagement: Storytelling captivates audiences, making your content more engaging and memorable.
  • Emotional Connection: Effective storytelling fosters emotional connections, enhancing brand loyalty.
  • Conversions: Well-told stories can drive conversions by aligning your brand’s message with the audience’s values and needs.

Why Storytelling Matters in Content Marketing

In a world inundated with content, capturing and retaining audience attention is increasingly challenging. Storytelling offers a solution by transforming mundane information into captivating narratives. Here’s why it matters:

Enhanced Engagement

Stories are inherently more engaging than straightforward facts or figures. They draw readers in, making your content more likely to be consumed and shared. This increased engagement can lead to higher traffic and better SEO performance.

Example: The “Like a Girl” campaign by Always

Emotional Connection

Humans are emotional beings, and stories have the power to evoke emotions. By tapping into these emotions, brands can create deeper connections with their audience. This emotional bond can lead to increased trust and loyalty.

Cadbury Ad with Emotional Connection

Clear Messaging

Stories can simplify complex ideas, making them easier to understand and remember. This clarity is crucial in content marketing, where the goal is often to communicate a brand’s message or value proposition effectively.

TATA Tea Ad

The Elements of a Compelling Story

To harness the power of storytelling in your content marketing, it’s essential to understand the key elements that make a story compelling.

Relatable Characters

Characters are the heart of any story. In content marketing, these characters could be your customers, employees, or even the brand itself. The key is to make them relatable so that your audience can see themselves in the narrative.

HDFC Ad: Example of using Relatable Characters

HDFC Life’s “Bounce Back” campaign tells the story of real people who have faced challenges and overcome them with the help of financial planning. These characters, who could be anyone from a middle-class family man to a single mother, are relatable because they reflect the struggles and aspirations of HDFC Life’s target audience.

Conflict and Resolution

A good story involves conflict and resolution. This structure keeps the audience engaged and provides a sense of satisfaction when the conflict is resolved. In marketing, the conflict could be a problem that your product or service solves.

For example, Google’s “Reunion” campaign in India told the emotional story of two elderly friends separated during the Partition of India and Pakistan. The conflict was their long separation and the emotional pain it caused. The resolution came when their grandchildren used Google to reunite them.

Emotional Appeal

As mentioned earlier, emotions play a crucial role in storytelling. Whether it’s joy, sadness, fear, or excitement, evoking emotions can make your story more impactful and memorable.

For example, the Cadbury Ad that we have seen before.

Authenticity

Authenticity is key to building trust. Your stories should be genuine and reflect the true values and mission of your brand. Authentic stories resonate more with audiences and build long-term loyalty.

Tanishq’s “Ekatvam” campaign focused on authentic storytelling by showcasing real stories of diversity and unity in India. The campaign featured different communities and traditions coming together in celebration, reflecting Tanishq’s commitment to inclusivity and authenticity.

Techniques for Effective Storytelling in Content Marketing

Now that we understand the importance and elements of storytelling, let’s see some techniques to incorporate it into your content marketing strategy:

Use Customer Testimonials

Customer testimonials are powerful because they provide real-life examples of how your product or service has made a difference. These stories can be written, video-recorded, or even shared on social media.

Create a Brand Narrative

A brand narrative is a cohesive story that encapsulates your brand’s history, mission, and values. This narrative should be consistently reflected across all your marketing channels to create a unified brand image.

Nike’s “Find Your Greatness” campaign is a prime example of creating a cohesive brand narrative that reflects the company’s history, mission, and values.

The campaign was built around the idea that greatness is not reserved for elite athletes but is something everyone can achieve in their own way. This narrative aligns with Nike’s long-standing mission to inspire and enable every athlete (with “athlete” being defined as anyone with a body).

Leverage Visual Storytelling

Visual elements can enhance your storytelling efforts. Use images, videos, infographics, and other visual content to support your narrative and make it more engaging.

Idea advertisement

Incorporate User-Generated Content

Encourage your audience to share their own stories related to your brand. User-generated content not only provides fresh perspectives but also builds a sense of community and authenticity.

Utilize Data Storytelling

Data can be dry and uninteresting on its own, but when presented as part of a story, it becomes much more compelling. Use data storytelling to highlight trends, demonstrate value, and support your narrative with evidence.

Case Studies: Brands Excelling in Storytelling

To illustrate the power of storytelling in content marketing, let’s look at some brands that excel in this area:

Nike

Nike’s “Just Do It” campaign goes beyond simply showing products; it tells stories that connect with people’s emotions. By focusing on athletes who overcome challenges, Nike isn’t just selling shoes but promoting a mindset of determination.

This way, customers feel inspired and motivated, which creates a strong emotional bond. People are not just buying a product; they are buying into the idea of being a part of a community that values hard work and success. This connection is what helps in driving sales because people feel like they’re supporting something bigger.

Airbnb

Airbnb’s strategy is all about sharing personal stories from both hosts and guests. These stories highlight unique experiences, making each stay feel special and different from staying in a regular hotel.

When people read these stories, they connect emotionally with the idea of being part of a larger, more personal experience. This emotional connection encourages people to choose Airbnb over traditional options because it feels like a more meaningful choice. By focusing on these real-life stories, Airbnb successfully converts interest into bookings.

Coca-Cola

Coca-Cola’s “Share a Coke” campaign is a great example of how personal stories can drive sales. By replacing the logo with popular names, Coca-Cola encouraged people to share a Coke with someone special.

This simple idea made each bottle feel personal and meaningful, which connected with people’s emotions. When people shared their stories online, it further spread the campaign’s reach. This emotional connection made people more likely to buy Coke, not just as a drink but as a way to share special moments. This approach significantly boosted sales by turning a simple purchase into a personal story.

Measuring the Impact of Storytelling

To ensure that your storytelling efforts are effective, it’s important to measure their impact. Here are some metrics to consider:

Engagement Metrics

Track metrics such as time spent on page, social shares, and comments to gauge how well your stories are engaging your audience.

Emotional Response

Use surveys, feedback forms, or social listening tools to assess the emotional impact of your stories. Positive emotional responses can indicate strong storytelling.

Conversion Rates

Ultimately, the goal of content marketing is to drive conversions. Monitor your conversion rates to see if your storytelling efforts are translating into tangible results.

Brand Sentiment

Analyze brand sentiment through social media monitoring and customer feedback. Positive sentiment can be a sign that your storytelling is resonating well with your audience.

Integrating Storytelling Across Channels

For storytelling to be truly effective, it should be integrated across all your marketing channels. Here’s how you can do it:

Website

Your website is the hub of your online presence. Use it to share your brand narrative, customer testimonials, and other stories that highlight your value.

Social Media

Social media platforms are ideal for sharing short, engaging stories. Use a mix of text, images, and videos to capture your audience’s attention and encourage interaction.

Email Marketing

Incorporate storytelling into your email campaigns to make them more engaging. Share customer success stories, behind-the-scenes looks, and other narratives that add value to your emails.

Content Marketing

Your blog, whitepapers, and other content marketing efforts should all reflect your storytelling strategy. Use these platforms to dive deeper into your stories and provide valuable insights to your audience.

Storytelling in content marketing helps to engage audiences, foster emotional connections, and simplify complex messages, ultimately driving conversions and building brand loyalty.

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Budget-Friendly Digital Marketing Strategies For 2024

Effective digital marketing doesn’t require a massive budget; it requires strategic thinking. Let me share some key strategies to maximise impact without breaking your marketing budget. These budget-friendly digital marketing strategies are based on the trends and tools from 2024.

Insta/livlovlealib

Content Strategies

1️⃣ Develop Resonant Content

Develop content that resonates with your target audience and addresses their needs. This will drive organic traffic, enhance your online visibility, and improve your SEO.

Leverage organic tactics. For example, create a blog to establish thought leadership and improve your SEO. Elevate this further by repurposing this content in different formats.

2️⃣ Leverage Existing Content

Turn existing blog posts into a captivating video or an engaging eBook. This saves precious time and extends your content’s reach. Producing valuable content that addresses pain points and offers solutions builds trust. Creating content designed to address each stage of the buyer’s journey removes concerns and ultimately drives higher quality leads.

Data-Driven Strategies

1️⃣ Leverage Customer Data

Use the data you already have to better understand your customers. Analyse their behaviour, preferences, and feedback to optimise their website experience. Personalised experiences lead to higher engagement and conversions.

2️⃣ Seamless CRM Integration

Ensure your CRM data flows seamlessly into your digital marketing tools, including analytics and paid channels. This enables efficient and precise targeting and effective campaign management. Hubspot provides a free plan for their CRM. Another free CRM is Odoo, even their tagline is Free and Amazing 🙂 sounds cool, right?

3️⃣ Understand Your Metrics

Regularly monitor traffic, bounce rates, conversion rates, and Customer Acquisition Cost (CAC). Utilise these datapoints to reallocate resources effectively. For example, revise high-bounce content or amend calls-to-action to improve engagement and conversions. Test one element at a time for methodical progress and clearer learnings.

Free and Low-Cost Tools

1️⃣ Utilise Free Tools for E-Commerce

For e-commerce businesses, take advantage of free tools like Google My Business, Meta Commerce, and Microsoft Bing Shopping. These platforms can help increase your online presence without additional costs.

2️⃣ SEO

There are many strategies and tactics you can do on your own to uplevel your website to appear on page 1 of Google. Make sure all your headings consist of keywords to optimise your page ranking. Google can read words; it cannot read images, so adding a weekly blog or podcast to your repertoire is one of the best things you can do for your SEO.

Improving your website’s search engine ranking can be done without spending money by using free SEO tools. Google Search Console is a must-have tool that helps you keep an eye on your site’s performance in Google Search results, showing you how to fix any issues.

Another useful tool is Google Analytics (GA4), which tracks your website traffic and user actions, giving you a clear picture of how visitors use your site.

For finding good keywords, Ubersuggest provides detailed data on keyword volume, competition, and suggestions, making it easier to choose the best keywords to target. These tools offer a solid base for boosting your site’s SEO without any cost.

3️⃣ Email Marketing

Implement Email Marketing Campaigns

When it comes to a tight budget, try email marketing. Don’t underestimate your existing database. Segment your audiences and create tailored content curated for them.

Implement email marketing campaigns with tailored content. Personalised emails that offer value to the recipient can significantly boost open and click-through rates, fostering customer loyalty and driving sales.

Bulk Email Sending Tools

Mailchimp

Mailchimp offers a free plan that allows you to send up to 10,000 emails per month to a list of up to 2,000 subscribers. This tool provides a user-friendly interface, customisable email templates, and advanced analytics to track your campaign performance. Mailchimp also offers features like A/B testing and automation to help you optimise your email marketing efforts.

Brevo (Sendinblue)

Brevo (previously known as Sendinblue) free plan lets you send up to 300 emails per day to an unlimited number of subscribers. It includes features like email design tools, automation workflows, and detailed reporting. Brevo also offers SMS marketing and CRM capabilities, making it a versatile choice for small businesses.

Email Warm-Up Tools

MailWarm

MailWarm is a free tool designed to help improve your email deliverability by gradually increasing your email sending volume. This tool is perfect for new email accounts or those with a low sender reputation. By slowly building up your email volume, you can avoid being flagged as spam and ensure that your messages reach your recipients’ inboxes.

Warmbox

Warmbox is another excellent tool for warming up your email address. It automatically engages with your emails, marking them as important and moving them out of the spam folder. This interaction helps improve your sender reputation and ensures higher deliverability rates for your future email campaigns.

Email Verification Tools

Hunter

Hunter’s Email Verifier tool is free and helps you clean your email list by verifying the validity of email addresses. This ensures that you are sending emails to real, active accounts, which can improve your deliverability rates and reduce the risk of being marked as spam.

ZeroBounce

ZeroBounce offers a free plan that allows you to verify up to 100 email addresses per month. This tool helps you remove invalid email addresses, catch-all domains, and spam traps from your list. By maintaining a clean email list, you can improve your sender reputation and achieve higher engagement rates.

Social Media

1️⃣ Consistency on Social Media

Consistency on social media is the perfect strategy to implement inside your business with the least amount of investment and a thousand percent payback. Instagram alone has 2.3 billion monthly active users. Imagine if you can reach and capitalise on 1% of that audience? Would you be able to service them? Chances are, probably not.

2️⃣ Meta Ads

Incorporating low-cost, high-reach tactics such as Meta Ads can help drive brand awareness and traffic. Try influencer marketing as well, where you can collaborate with industry experts. Partner and cross-promote – it’s a win for everyone.

Testing and Optimisation

Use previous campaign data or A/B test on a small budget to determine what works best for your audience. Continuous testing and optimisation will save your marketing budget significantly.

1️⃣ Regular SEO Review

Reviewing and improving website SEO on a regular basis will increase website views and ensure the business stays front of mind and top of search engine result lists.

2️⃣ Website Optimisation

Website Optimisation

Ensure your site is user-friendly and fast. A user-friendly site means that it’s easy to navigate, with clear menus and links that guide users to the information they need. A fast website loads quickly, which is important because slow-loading pages can frustrate visitors and cause them to leave.

Engagement rate is a key metric that shows how well users are interacting with your site. Aim for an engagement rate above 60%, which means that the majority of your visitors are finding your content useful and engaging. High engagement rates often lead to better conversion rates, as engaged users are more likely to take desired actions, such as making a purchase or signing up for a newsletter.

Analytics

Use Analytics Tools

Using analytics tools is key to making informed decisions about your digital marketing efforts. One of the best free tools available is Google Analytics aka GA4. It helps you track and understand how visitors interact with your website. You can see where your traffic is coming from, what pages are popular, and how long people stay on your site.

Set KPIs and regularly compare performance. For example, you might set KPIs for website traffic, bounce rate, conversion rate, and average session duration.

By consistently monitoring these metrics, you can make data-driven decisions to optimise your marketing efforts. For example, if you notice a high bounce rate on a particular page, you can investigate and make necessary changes to improve user experience and engagement.

Through creativity, planning, and effective measurement, businesses with limited budgets can achieve impressive results.

Who’s in Control? Companies Dominating Google Search Results

The Illusion of Choice: Online Edition

Imagine you’re at your favourite supermarket, walking through the cosmetic items row, and you see hundreds of different brands of body lotions.

So many options, right?

But then, something strikes you – despite the variations in packaging and flavours, most of these lotions actually belong to a handful of big companies, such as Hindustan Unilever or P&G. They’ve just packaged their product in different ways to cater to a diverse range of tastes.

In the realm of online search, it’s eerily similar. Have you ever wondered about the companies dominating Google search results?

You might be surprised to learn that less than 20 companies control a major chunk of the web’s content. They own a variety of websites across a broad spectrum, from health to tech, from sports to food.

Unveiling the 16 Companies Dominating Google Search Results

So, how many companies are we talking about? The number is 16. These 16 companies are the puppeteers controlling at least 562 different brands that show up in your daily Google search results.

According to Semrush, a platform that offers online visibility management and content marketing SaaS, these companies together command a whopping 3.7 billion clicks from Google each month. That’s an average of 6.5 million monthly clicks for each site under their umbrella.

List of those 16 Giants

  • Gawker Media
    • Formerly Blogwire, Inc
    • Notable properties: Gizmodo, Lifehacker, Jezebel
  • Vox Media
    • In February 2023, Penske Media Corporation became the largest shareholder in Vox Media.
    • Notable properties: The Verge, SB Nation, Eater
  • Future plc
    • Independent Company
    • Notable properties: TechRadar, GamesRadar, PC Gamer
  • Evolve Media
    • Independent Company
    • Notable properties: CraveOnline, GameRevolution
  • Time Inc.
    • Acquired by Meredith Corporation in 2018, In December 2021, Meredith was acquired by IAC’s Dotdash and became Dotdash Meredith
    • Notable properties: Time, People, Fortune (under the ownership of Meredith)
  • CBS (Paramount Global)
    • In 2019 through the merger of Viacom and CBS, It’s under Paramount Global.
  • Meredith Corporation
    • Notable properties: People, Better Homes and Gardens, Allrecipes
    • Time Inc is actually a part of Meredith Corporation
  • Dennis Publishing
    • Acquired by Exponent Private Equity in 2018
    • Notable properties: The Week, Auto Express, PC Pro
  • Jacobs Media Group (JAC)
    • Notable properties: Not clear from the information provided
  • Ziff Davis
    • Subsidiary of J2 Global
    • Notable properties: Mashable, PCMag, IGN
  • Verizon
    • Notable properties: Yahoo, AOL, TechCrunch (under the brand Verizon Media, which was sold to Apollo Global Management and renamed Yahoo in 2021)
  • Purch (now known as Future US, Inc., a subsidiary of Future plc)
    • Notable properties: Tom’s Guide, Top Ten Reviews, Live Science
  • Conde Nast
    • Subsidiary of Advance Publications
    • Notable properties: Vogue, The New Yorker, Wired
  • DG (Possibly Digital Guide)
    • Notable properties: Not clear from the information provided
  • Scripps Networks Interactive
    • Acquired by Discovery, Inc. in 2018
    • Notable properties: HGTV, Food Network, Travel Channel
  • Hearst Communications
    • Independent Company
    • Notable properties: Cosmopolitan, Esquire, Elle

This phenomenon was first identified in 2016 by Glen Allsopp, who pointed out how these companies, renowned in their industries, leverage their online authority and the reputation of their popular brands to help new brands rank well on Google and generate traffic.

Digging Deeper: CBS Interactive

CBS Interactive, a division of Paramount Global, is a global leader in digital content and a key player in the world of online media.

In India they have a strategic partnership with Network18 Group—a subsidiary of Reliance Industries. Their recent launch in India is Jio Cinemas. Something which is considered as an OTT Predator.

CBS’ diverse collection of websites cater to a broad audience, offering content ranging from entertainment and sports to tech reviews and music lyrics. Here are some of the main websites under CBS Interactive, along with their global ranking, indicating their popularity among internet users:

The All-encompassing Net under CBS

  • CNET.com – Ranked 182 globally, CNET is a leading tech news and reviews website, offering advice on a range of tech products from smartphones to home appliances.
  • GameFAQs.com – With a global rank of 310, GameFAQs provides users with game guides, FAQs, reviews, and discussion forums for video games.
  • Gamespot.com – Ranked 808 globally, Gamespot is a hub for gaming news, reviews, previews, and videos for leading gaming platforms.
  • Last.fm – Ranked 965 in the world, Last.fm is a music discovery service that provides personalized recommendations based on the music users listen to.
  • MetroLyrics.com – Holding a global rank of 1,590, MetroLyrics is a lyrics-dedicated website, featuring over 1 million songs from around 16,000 artists.
  • Metacritic.com – Ranked 1,762, Metacritic aggregates reviews and provides scores for movies, TV shows, video games, and music albums.
  • CBS.com – CBS’s official website, ranked 1,846 globally, offers access to CBS programming, including full episodes of popular CBS shows.
  • 247Sports.com – With a global rank of 2,304, 247Sports offers in-depth coverage of various sports, including news, scores, and recruiting information.
  • ZDNet.com – Ranked 2,779, ZDNet delivers 24/7 news coverage and analysis on the latest tech and business trends.
  • TV.com – TV.com, ranked 2,863, is a resource for TV show episode guides, reviews, video clips, and discussion forums.
  • TechRepublic.com – Holding a global rank of 3,266, TechRepublic helps IT decision-makers identify technologies and strategies to empower workers and streamline business processes.
  • Chowhound.com – Ranked 5,825 globally, Chowhound is a community of food lovers sharing their food discoveries and experiences.
  • Comicvine.com – With a global rank of 16,765, Comicvine is a source for comic news, reviews, and a database of comic characters.
  • Download.com – Download.com, ranked 252,479, is a platform for users to discover, download, and manage software in a safe and trusted environment.
  • CollegeSportsLive.com – With a global ranking of 600,516, CollegeSportsLive is a streaming service that offers broadcasts of college sports events.

If you want to read more about other companies in detail and want to know about their subsidiaries, click here.

How These Companies Dominate Google’s Search Results

Let’s say you want to buy a laptop. You are searching for a 15 inch laptop.

I hope I don’t have to explain much now.

You can do your own research for better understanding. For example, when you search for the parent company of Tom’s Guide, you will get the following result:

Look at the details about Future Plc and the platforms they owned
Look at the details about Future Plc and the platforms they owned

How These Companies Dominate Various Niches

These 16 companies do not limit themselves to a specific niche. Their influence spreads across home, beauty, tech, automotive, cooking, travel, sports, education, and many more.

A report revealed that across 10,000 terms where affiliates are ranking, which cover products in every niche you can think of, these 16 companies ranked on the first page of 8,421 (or 84%) of them. They even claimed five or more of the first 10 organic rankings in 3,999 of 10,000 search results.

This level of dominance is unprecedented and shows the extent of their control over Google’s search results​

Evolution of Digital Dominance: Survival of the Fittest

If you’re wondering whether this state of affairs has been constant, the answer is no. The digital landscape, like any other, evolves over time. Many of the leading websites from a 2016 report are still dominant today, but the companies behind them and how they operate have massively evolved.

For instance, only seven or six of the sixteen companies from the original report are still on the list. Future acquired companies like Purch and Dennis Publishing, and now Fandom and Red Ventures own the biggest sites of CBS. CBS is under Paramount Global. This suggests that to stay dominant, these companies not only have to maintain their own strength but also keep an eye out for potential threats and opportunities in the landscape, much like animals in the wild​.

  • Gawker Media was acquired by Univision in 2017.
    • In 2017, Univision acquired Gawker Media for $135 million. The acquisition stirred controversy as Univision, a Spanish-language media company, took over Gawker Media, renowned for its provocative and often contentious content.
  • Time Inc. was acquired by Meredith Corporation in 2018.
    • Time Inc. was acquired by Meredith Corporation in 2018 for $1.84 billion. The acquisition created a media giant with a portfolio of magazines, websites, and television networks.
  • Dennis Publishing was acquired by Exponent Private Equity in 2018.
    • Dennis Publishing was acquired by Exponent Private Equity in 2018 for $300 million. The acquisition gave Exponent control of a number of well-known brands, including The Week, PC Gamer, and MoneyWeek.
  • Scripps Networks Interactive was acquired by Discovery, Inc. in 2018.
    • Scripps Networks Interactive was acquired by Discovery, Inc. in 2018 for $14.6 billion. The acquisition created a media powerhouse with a portfolio of networks that includes HGTV, Food Network, and TLC.
  • 2 companies are now under the ownership of a larger company:
    • Vox Media is now majority-owned by Penske Media Corporation.
    • Meredith Corporation is now a part of Dotdash Meredith, which was formed when Meredith Corporation was acquired by IAC’s Dotdash in 2021.

This is more dangerous for consumers like you and me. It’s getting more condensed.

Impact on Competition and Individual Decision Making

When such a small group of companies dominates search results, it inevitably impacts competition. Other businesses, particularly small and medium-sized ones, find it challenging to compete with these behemoths.

These dominant companies have established their authority over time and built a substantial online presence, making it difficult for others to rank well in search results.

Moreover, this dominance also influences individual decision-making. When we conduct a Google search, we usually trust and click on the top results, often oblivious to the fact that a small group of companies own the diverse list of websites that appear. This limits the information and options available to us, subtly influencing our decisions and preferences.

Some of the biggest sites these companies are behind, as of May 2023, include MayoClinic (376.7M monthly visitors, owned by Ziff Davis), Healthline (249.1M monthly visitors, owned by Red Ventures), WebMD (223.1M monthly visitors, owned by Internet Brands), and Fandom (753.4M monthly visitors, owned by Fandom)​.

So, next time you read about the side effects of a medicine, there are high chances that all that information is coming from the same source.

This dominance of Google’s search results by a handful of companies raises questions about the diversity and competition on the internet. While these companies are successful and offer quality content, the concentration.

Dear growth marketers and SEO executives, wake up and do more research on niches; otherwise, you may not get heard.

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