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Top 10 Rules For Vertical Revolutionaries

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Title: Top 10 Rules For Vertical Revolutionaries


1
Top 10 Rules For Vertical Revolutionaries
  • Dave McClure, Simply Hired
  • dave_at_simplyhired.com
  • www.simplyhired.com

with apologies to Guy Kawasaki, author of Art of
the Start
2
Q What is Vertical Search?
  • domain-specific search, for people with a
    particular interest
  • Im looking for a job
  • structured data and metadata (data about data)
  • occupation software engineering
  • company/industry Electronic Arts, software
    online games
  • location redwood city, CA
  • structured search based on metadata
  • show me all the contract PHP programming jobs
    for biotech companies in CA

3
Top 10 Rules for Verticals
  • Scratch a Rich Niche
  • Find a Long Tail
  • Pick the Right Porridge
  • Mind the Metadata
  • Give Great Search
  • Tags 'R' Us
  • Don't be Evil
  • Buy Low, Sell High
  • Find Your Inner Killer App
  • Let's Get Vertical

4
Rule 1 Scratch a Rich Niche
  • Choose a Vertical with enough value to matter
  • but not so much value that its on the radar
    for Y!/GOOG/MSN
  • Houses, Jobs, Dating Shower Curtains, Bird
    Feeders

dating
jobs
housing
cars
travel
shopping
webpages
5
Rule 2 Find a Long Tail
  • A Few Gorillas, Millions of Monkeys
  • Long Tail Data Fragmentation Distribution
  • of data sources, of records per data source
  • Bad Tails / Good Tails
  • Bad one big ape

6
Rule 2 Find a Long Tail
  • A Few Gorillas, Millions of Monkeys
  • Long Tail Data Fragmentation Distribution
  • of data sources, of records per data source
  • Bad Tails / Good Tails
  • Bad one big ape OR too many monkeys

7
Rule 2 Find a Long Tail
  • A Few Gorillas, Millions of Monkeys
  • Long Tail Data Fragmentation Distribution
  • of data sources, of records per data source
  • Bad Tails / Good Tails
  • Bad one big ape OR too many monkeys
  • Good 3-5 apes (

8
Rule 3 Pick the Right Porridge (Data)
  • Too much structure no barriers to entry anyone
    can do it
  • Too little structure hard for anyone --
    including you
  • Semi-structured just right
  • takes time effort, but can be done

9
Rule 4 Mind the Metadata
  • Use metadata to enable structured search
  • acquire, integrate metadata - help improve,
    target results
  • Structured search generic search
  • Gorillas can't beat you if you have better
    metadata for your vertical

10
Rule 5 Give Great Search
  • Comprehensive, Fresh, Relevant results
  • Comprehensive broad coverage of data sources
  • Relevant accurate results w/ deep match on what
    matters to me
  • again -- use metadata (ex LinkedIn lookup,
    GoogleMaps location mapping)
  • Fresh recent frequent data

breadth of data
depth of relevant metadata
recency / frequency of data
11
Rule 6 Tags 'R' Us
  • Millions of results are great, but help me find
    my top 3 (or top 1)
  • Let your audience help gather additional data
    about your vertical
  • Enable ratings tagging

12
Rule 7 Don't be Evil (to your Vertical)
  • Don't screw with organic results (except where
    it's obvious)
  • Google has already trained users on organic vs
    paid real estate
  • Build trust early focus on great user experience
    user benefits

SPONSORED
ORGANIC
PAID
13
Rule 8 Buy Low, Sell High
  • NOT Google vs Shopping.com, NOT Arbitrage
  • Google, Yahoo wholesalers
  • Shopping.com, NexTag, PriceGrabber retailers
  • Buy traffic, develop users, discover higher
    value

14
Rule 9 Find Your Inner Killer App
  • Use structured data metadata not just for
    better results..
  • but also to build vertical apps solve
    problems
  • Applications are sticky, engage the user
  • example comparison engines for travel, shopping
  • What are the unique common problems for your
    vertical?

search
15
Rule 10 Let's Get Vertical(ContentCommunity)
  • Community is a natural for verticals
  • People who share the same goals, problems,
    stories
  • Community - Content - Repeat Visitors

16
Bonus Rule 11 Fun is Good
  • Relevant doesn't mean you have to be boring
  • User Experience Matters
  • Possible for defensible intellectual property
    to mean
  • Funny Taglines
  • Pleasing Use of Color
  • Quirky Error Messages

17
simplyhired.com
  • The Worlds Largest
  • Search Engine for Jobs
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