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Yahoo! to Announce Q4 2008 Earnings Next Tuesday, January 27

January 23, 2009 in SEO by ArticleSnatch

Yahoo! will announce their fourth quarter 2008 earnings next Tuesday, January 27 at 5pm EST/2pm PST. Will Yahoo!'s report be similar to yesterday's Google and Microsoft earnings?

Google and Microsoft's ads were a bright spot in their earnings calls. Even though Google beat the Street, the profit saw a big drop in a year marked by a tough economy. But Google still saw increases in paid search. Microsoft's profits were also nothing to write home about, but search revenue experienced double-digit growth.

Like pretty much every company out there, Yahoo will have bad news to report. Let's face it, 2008 was not there best year (big understatement). But the news has the opportunity to be offset by a fresh tone set by brand spankin' new CEO Carol Bartz.

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Realtor Century 21 Moving Its TV Spend To Online Advertising

January 16, 2009 in SEO by ArticleSnatch

One of the largest national realty companies, Century 21, has decided to move a large part of their TV advertising budget for 2009 to online marketing, according to Advertising Age.

While Advertising Age see this as part economic and part going where has worked for them over the past two years:

"With the beleaguered real-estate market showing no signs of a turnaround, the realtor has decided to play the numbers and go where the buyers and sellers are: online."

this change in spend could also have a major impact on online advertising perceptions in general.

Century 21 has noticed that they have seen very successful results with their online spends.

As Beverly Thorne, Century 21 senior VP-marketing, told Advertising Age, "the company's research and testing revealed that its online investments in 2008 were substantively more productive and efficient than its offline efforts."

In 2008 online spend was less than 10% of Century 21's advertising budget.

While marketers and writers in our space have been touting the intelligence of increasing spends on paid search, if Century 21 has noticeable success many others in all industries could soon follow.

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Web Analytics Association Releases 2009 Outlook Survey Data

January 9, 2009 in SEO by ArticleSnatch

The Web Analytics Association has released data from a survey conducted about analytics proffesionals' plans for the coming year. Here's what they found:

Over 40 percent of respondents see funding as the biggest challenge in 2009, the investment outlook is positive Over 96 percent of respondents indicated that they plan to increase or maintain current spending on web analytics in 2009. According to the survey, the budget increases will primarily be used to boost web analytics training. Roughly 81 percent of respondents plan to invest in consulting and staffing to help make the most out of their existing analytics tools and take action on the data they provide to improve web site performance and boost ROI from online marketing campaigns. Over 41 percent indicated they will be investing in add-on tools such as behavioral targeting and paid search. Over 65 percent of respondents revealed a demand to have business decisions driven by analytics, a top web analytics initiative in 2009

What do you think of the results? Let us know your thoughts in the comments.

Related Reading:

Web Analytics Association Asks for Public Comment on New Standard Definitions
Web Analytics Association Adds Yahoo's Mortenson to Board of Directors
New Board of Directors for the Web Analytics Association

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59% of Small Businesses Don’t Do Paid Search Marketing

December 16, 2008 in SEO by ArticleSnatch

59% of small businesses with a web site don't do paid search, according to a survey conducted by Microsoft adCenter. 90% of that number haven't even tried. To which I say, "What is up with that people?" That is just leaving money - potentially gobs of it - on the table.

I can't say I'm surprised. Recently, on a trip to the beautiful North Carolina mountains, I was appalled at the lack of paid search listings for small businesses.

Not a single resort conducts a paid search campaign "ski North Carolina" on Live Search, Yahoo or Google. Even the ones from West Virginia could be snagging tourism dollars out of the state, but they're not. None of the resorts are great at optimizing organically either. The first ski resort appears at number 3 in the natural results for both Live Search and Google and #5 on Yahoo!

Perhaps it's because, according to the survey, 70% of small business owners would rather do their own taxes than do paid search.

Now, if you're a small business owner out there who maybe has heard that paid search is something you should do, but you'd rather become an accountant, let me give you some assurance.

I experimented with paid search for the first time this fall. That may sound crazy for someone who blogs on Search Engine Watch, but my background is copywriting, not paid search campaign conducting. I was nervous, but once I did it, I wondered what I had waited for. It was much easier than I anticipated and I can assure you that it's not even close to the awful experience of doing your own taxes.

Besides, like taxes, there are paid search marketing professionals who can do it for you. They know the tips and tricks to help keep costs low and maximize your marketing dollars.

So jump right in, the water's just fine. Or at least, it's frozen enough to ski on.

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Holiday E-Commerce Spending Up 7% Year-Over-Year Last Week

December 10, 2008 in SEO by ArticleSnatch

It seems as time goes by and concerns over the economy get worse, tracking the economy becomes more frequent and dare I say micro.

Thankfully, I have good news to report. E-commerce spending last week was up 7% year-over-year, according to comScore.

Even better news is that the gains from Black Friday, Cyber Monday and last week have made up for the 4% drop in sales for most of November which marked the beginning of the holiday shopping season.

decweek1spend2008comscore.jpg

There is a caveat for some of you search marketers, however. Many advertising budgets are shifting dollars towards paid search - possibly making e-commerce more competitive and ad bid prices higher.

Another thing e-tailers are using are incentives, such as free shipping, and coupons. They're using them because they work. All of this can cut into your margins, but perhaps not as bad as missing out on sales altogether.

This holiday may have to be the most fluid and flexible one in recent memory for search marketers. Keep an eye on your analytics and on your paid search accounts. Don't assume the ad that was there yesterday is working fine and dandy today. Vigilance is the name of the game in this volatile economy.

Tell us what you're seeing in your industry and niche by leaving a comment!

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How Low Performing Banner Ads Can Actually Increase Conversions

December 9, 2008 in SEO by ArticleSnatch

So you stopped your banner ad campaigns a long time ago because the click through rate sucks and the conversion rate was even worse?

The problem is - you might be leaving money on the table.

In a couple sessions at SES, I've been hearing about how banner ads can drive people to search. So while they may not be clicking on your display ads and converting off of them, they may send people to a search engine to find your product or service.

What you'll want to do is set up the banner ad and then watch your analytics to see if you have increased searches and if those searches are related to the banner ad. You'll want to take all of that into consideration when creating your landing page, bidding on keywords in paid search, and writing the paid search ad.

The only caveat I would add is to place your display ads carefully. Social network users have said they don't find the ads targeted to them, so other content networks may prove more successful.

Related Reading
Microsoft Top Display Advertiser for June 2008
Online Publishers Turning to Ad Networks to Sell Unused Inventory
AdBrite Adds CPC Option for Banner Ads
Google AdWords Display Ad Builder Gets Four Updates
Q Interactive Launches Display Ad Network with Predictive Behavioral Targeting

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YouTube Rolls Out Sponsored Videos

November 13, 2008 in SEO by ArticleSnatch

Paid search has come to YouTube. Users can pay to have their videos appear in a right hand sidebar called "Sponsored Videos" in the results of desired search terms.

It works pretty much exactly like AdWords. You bid on terms, set daily limits, etc. You only pay when someone clicks to watch.

Check out YouTube's YouTube video for more details:

This page contained an embedded video. Click here to view it.

Related Reading:
YouTube Adds Search to Embeddable Videos
Yellowbook and YouTube Enter Content Distribution Partnership
Link to a Point of Time Within a YouTube Video

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Google to Change Calculations for Quality Score and Ad Rank

October 31, 2008 in SEO by ArticleSnatch

Changes are coming to the way AdWords calculates its Quality Score and Ad Rank. The changes will be implemented in the coming weeks.

First up, Quality Score will no longer take ad position into account. The idea is that simply dishing out the dough for a higher position has nothing to do with the quality of the ad.

CORRECTION: Here's what Google really said: "To calculate the most accurate Quality Scores, it's important that the influence of ad position on CTR be taken into account and removed from the Quality Score." Bloggers have been pointing out that Google has been doing this. When I get further clarification from Google, I'll let you know! Stay tuned.

Next, Ad Rank is going to focus on quality for ads that appear on top of the search results. Ads must meet a "quality threshold" in order to appear in that prime real estate. It will be possible for a lower positioned ad to jump above a higher position ad in the sidebar ads to hang out in the box above the organic results if it meets the threshold but the higher positioned ads don't.

Clearly, Google is making quality a key focus in AdWords. This may be an attempt to improve the program in the midst of a slowdown in growth for paid search. Or it could be an attempt to show that Google is more concerned about quality than price - and therefore advertisers need not be worried about a little thing like a search advertising deal with Yahoo.

What do you think about the focus on quality? Let us know in the comments.

Related Reading:
Google Makes AdWords Site Stats Logo Optional
AdWords Editor Version 6.5 Released
AdWords Conversion Optimizer Releases New Eligibility Requirements
AdWords API Gets an Update and Extra Quota

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Baidu’s Profit Increases 91% in Third Quarter 2008

October 23, 2008 in SEO by ArticleSnatch

Chinese search engine Baidu saw a whopping 91% increase in the third quarter of 2008. The search engine had been seeing explosive growth leading up to the Beijing Olympics, which occurred during the third quarter.

Baidu expects profits in the fourth quarter to be around 80-85%. In the second quarter, Baidu's profits increased by 87%.

Here's the full press release:

Baidu Announces Third Quarter 2008 Results
Wednesday October 22, 5:00 pm ET

BEIJING, Oct. 22 /Xinhua-PRNewswire/ -- Baidu.com, Inc. (Nasdaq: BIDU - News), the leading Chinese language Internet search provider, today announced its unaudited financial results for the third quarter ended September 30, 2008. (1)

(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )

Third Quarter 2008 Highlights
-- Total revenues in the third quarter of 2008 increased to RMB919.1
million (US$135.4 million), representing an 85.1 % increase from the
corresponding period in 2007.
-- Operating profit in the third quarter of 2008 increased to RMB368.3
million (US$54.2 million), representing a 119.1% increase from the
corresponding period in 2007.
-- Net income in the third quarter of 2008 increased to RMB347.9 million
(US$51.2 million), representing a 91.4 % increase from the
corresponding period in 2007.
-- Diluted earnings per share ("EPS") for the third quarter of 2008 were
RMB10.00 (US$1.47); diluted EPS excluding share-based compensation
expenses (non-GAAP) for the third quarter of 2008 were RMB10.49
(US$1.54). Costs and expenses related to Baidu's Japan operations,
incurred in both Japan and China, in the third quarter of 2008 were
RMB32.7 million (US$4.8 million), which reduced diluted EPS by RMB0.94
(US$0.14).
-- The number of active online marketing customers during the third
quarter grew to over 194,000, an increase of 7.2% from the previous
quarter.


"I'm pleased to announce solid results for the third quarter," said Robin Li, Baidu's chairman and chief executive officer. "As China's leader in paid search, Baidu has a large and diverse customer base covering numerous industries and sectors. Such diversity gives us great stability and positions us to capture future growth. Companies throughout China are increasingly recognizing the value of Baidu's paid search as an effective marketing tool and we remain confident in our long-term growth potential."

Jennifer Li, Baidu's chief financial officer, said, "The impact of the 2008 Beijing Olympics on our business was in line with our projection for the quarter. We were also able to improve our operating margin again this quarter, highlighting the scalability of our business."

Baidu recently launched the beta version of an online C2C platform that enables merchants to sell their products and services online via a Baidu- registered store. The new platform complements Baidu's search business, enabling transaction fulfillment among our users. E-commerce is an emerging industry in China and there are vast opportunities for future growth in the sector. Baidu will continue to focus on providing the best quality experience for Internet users.

Third Quarter 2008 Results

Baidu reported total revenues of RMB919.1 million (US$135.4 million) for the third quarter ended September 30, 2008, representing an 85.1% increase from the corresponding period in 2007.

Online marketing revenues for the third quarter were RMB918.2 million (US$135.2 million), representing an 85.1% increase from the third quarter of 2007. Growth was mainly driven by increases in both the number of active online marketing customers and revenue per customer. Baidu had more than 194,000 active online marketing customers in the third quarter of 2008, representing a sequential increase of 7.2% and an increase of 35.7% from the corresponding period in 2007. Revenue per active online marketing customer for the third quarter increased to approximately RMB4,700 (US$692), a sequential increase of 6.8% and an increase of 34.3% from the corresponding period in 2007.

Traffic acquisition costs (TAC) as a component of cost of revenues were RMB108.8 million (US$16.0 million), representing 11.8% of total revenues, compared to 11.9% in the corresponding period in 2007.

Bandwidth costs as a component of cost of revenues were RMB48.0 million (US$7.1 million), representing 5.2% of total revenues, compared to 6.4% in the corresponding period in 2007. Depreciation costs as a component of cost of revenues were RMB56.9 million (US$8.4 million), representing 6.2% of total revenues, compared to 8.2% in the corresponding period in 2007.

Selling, general and administrative expenses were RMB163.2 million (US$24.0 million), representing an increase of 48.0% from the corresponding period in 2007, primarily due to the expansion of the direct sales force and an increase in customer service staff.

Research and development expenses were RMB78.2 million (US$11.5 million), representing a 109.0 % increase from the corresponding period in 2007, primarily due to an increase in research and development staff.

Share-based compensation expenses, which were allocated to related operating cost and expense line items, increased in aggregate by 211.1% to RMB17.0 million (US$2.5 million) in the third quarter of 2008 from RMB5.5 million in the corresponding period in 2007. The increase in share-based compensation expenses primarily reflects an increase in the number of options granted to employees.

Operating profit was RMB368.3 million (US$54.2 million), representing a 119.1% increase from the corresponding period in 2007. Operating profit excluding share-based compensation expenses (non-GAAP) was RMB385.3 million (US$56.8 million) for the third quarter of 2008, a 122.0% increase from the corresponding period in 2007.

Adjusted EBITDA (non-GAAP), which is defined in this announcement as earnings before interest, taxes, depreciation, amortization, other non-operating income and share-based compensation expenses, were RMB457.3 million (US$67.4 million) for the third quarter of 2008, representing a 104.7% increase from the corresponding period in 2007.

Income tax expense was RMB34.8 million (US$5.1 million), compared to an income tax expense of RMB2.6 million in the third quarter of 2007. The year- on-year increase in tax expenses was due to higher tax rates applicable to some of our PRC subsidiaries as their tax holidays either expired or partially elapsed.

Net income was RMB347.9 million (US$51.2 million), representing a 91.4% increase from the corresponding period in 2007. Basic and diluted EPS for the third quarter of 2008 amounted to RMB10.15 (US$1.50) and RMB10.00 (US$1.47), respectively.

Net income excluding share-based compensation expenses (non-GAAP) was RMB364.9 million (US$53.7 million), a 94.9% increase from the corresponding period in 2007. Basic and diluted EPS excluding share-based compensation expenses (non-GAAP) for the third quarter of 2008 were RMB10.65 (US$1.57) and RMB10.49 (US$1.54), respectively.

As of September 30, 2008, Baidu's cash, cash equivalents and short-term investments amounted to RMB2.3 billion (US$338.0 million). Net operating cash inflow and capital expenditures on a cash basis for the third quarter of 2008 were RMB482.2 million (US$71.0 million) and RMB85.1 million (US$12.5 million), respectively. A portion of our capital expenditure for the quarter was related to the construction of Baidu's new campus facility.

Outlook for Fourth Quarter 2008

Baidu currently expects to generate total revenues in an amount ranging from RMB1,025 million (US$151 million) to RMB1,055 million (US$155 million) for the fourth quarter of 2008, representing an 80% to 85% increase from the corresponding period in 2007 and a 12% to 15% increase from the third quarter of 2008. This fourth quarter forecast reflects Baidu's current and preliminary view, which is subject to change.

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are made at a rate of RMB 6.7899 to USD 1.00, the effective
noon buying rate as of September 30, 2008 in The City of New York for
cable transfers of RMB as certified for customs purposes by the
Federal Reserve Bank of New York.

Conference Call Information

Baidu's management will hold an earnings conference call on October 22, 2008 at 8:00 PM U.S. Eastern Time (8:00 AM, October 23, Beijing/Hong Kong time).

Dial-in details for the earnings conference call are as follows:



Passcode for all regions: 55689997 Hong Kong: +852-3002-1672 UK: +44-207-365-8426 US: +1-617-786-2902

A replay of the conference call may be accessed by phone at the following number until October 29, 2008:

International: +1-617-801-6888

Passcode: 69587650

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com .

About Baidu

Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Select Market under the symbol "BIDU".

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook for the fourth quarter of 2008 and quotations from management in this announcement, as well as Baidu's strategic and operational plans, contain forward-looking statements. Baidu may also make written forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, results of operations and financial condition; our ability to attract and retain users and customers; competition in the Chinese language and Japanese language Internet search markets; competition for online marketing customers; changes in our revenues and certain cost or expense items as a percentage of our revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; the expected growth of the Chinese language and Japanese language Internet search markets and the number of Internet and broadband users in China; and Chinese governmental policies relating to the Internet and Internet content providers. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of October 22, 2008, and Baidu undertakes no duty to update such information, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Baidu's consolidated financial results presented in accordance with GAAP, Baidu uses the following measures which are non-GAAP financial measures: adjusted EBITDA, operating profit excluding share-based compensation expenses, net income excluding share-based compensation expenses, and basic and diluted EPS excluding share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to adjusted EBITDA" set forth at the end of this release.

Baidu believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding certain expenses and expenditures that may not be indicative of its operating performance from a cash perspective. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to Baidu's historical performance and liquidity. Baidu computes its non-GAAP financial measures using the same consistent method from quarter to quarter since April 1, 2006. We believe these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP operating profit excluding share-based compensation expenses, net income excluding share-based compensation expenses, and basic and diluted EPS excluding share-based compensation expenses is that these non-GAAP measures exclude share-based compensation charge that has been and will continue to be for the foreseeable future a significant recurring expense in our business. A limitation of using non-GAAP Adjusted EBITDA is that it does not include all items that impact our net income for the period. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

Baidu.com, Inc.
Condensed Consolidated Balance Sheets

September 30 December 31,

Unaudited Audited (in RMB thousands) 2008 2007

ASSETS
Current assets:
Cash and cash equivalents 2,088,554 1,350,600
Short-term investments 206,360 242,037
Accounts receivable, net 100,193 64,274
Prepaid expenses and other current
assets 109,597 65,996
Deferred tax assets, net 2,587 2,587
Total current assets 2,507,291 1,725,494

Non-current assets:
Fixed assets, net 748,582 678,886
Land use right, net 95,008 96,472
Intangible assets, net 33,814 40,460
Goodwill 51,081 51,093
Investments, net 20,197 15,439
Deferred tax assets, net 17,060 15,716
Other non-current assets 84,394 32,348
Total non-current assets 1,050,136 930,414

TOTAL ASSETS 3,557,427 2,655,908

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accrued expenses and other
liabilities 371,745 359,310
Customers' deposits 357,884 257,577
Deferred revenue 9,149 11,832
Deferred income 633 2,485
Total current liabilities 739,411 631,204

Non-current liabilities:
Long-term payable -- 3,000
Deferred income -- 332
Total non-current liabilities -- 3,332

Total liabilities 739,411 634,536

Shareholders' equity
Class A Ordinary Shares, Par value
US$0.00005 per share, 825,000,000
shares authorized, and 25,136,147
shares and 25,413,789 shares issued
and outstanding as at December 31,

Class B Ordinary Shares, Par value
US$0.00005 per share, 35,400,000
shares authorized, and 8,996,842
shares and 8,873,986 shares issued
and outstanding as at December 31,
2007 and September 30, 2008 4 4
Additional paid-in capital 1,254,593 1,171,575
Accumulated other comprehensive loss (127,770) (81,953)
Retained earnings 1,691,178 931,736
Total shareholders' equity 2,818,016 2,021,372 2007 and September 30, 2008 11 10

TOTAL LIABILITIES AND SHAREHOLDERS'
EQUITY 3,557,427 2,655,908

Baidu.com, Inc.
Condensed Consolidated Statements of Income

For the Three Months Ended
September September
30, 30, June 30,

per share information) Unaudited Unaudited Unaudited (in RMB thousands except for share, 2008 2007 2008

Revenues:
Online marketing services 918,179 496,120 802,183

Total revenues 919,125 496,530 802,611 Other services 946 410 428

Operating costs and expenses:
Cost of revenues (note 1, 2) (309,342) (180,704) (280,980)
Selling, general and administrative
(note 2) (163,247) (110,312) (174,213)
Research and development (note 2) (78,231) (37,433) (71,078)
Total operating costs and expenses (550,820) (328,449) (526,271)

Operating profit 368,305 168,081 276,340

Other income:
Interest income 11,375 12,519 10,378
Exchange loss, net (5) (331) (204)
Other income, net 3,009 4,040 7,032
Total other income 14,379 16,228 17,206

Income before income taxes 382,684 184,309 293,546

Income taxes (34,825) (2,580) (28,561)

Net income 347,859 181,729 264,985


Earnings per share for Class A and
Class B ordinary shares:
Basic 10.15 5.35 7.74
Diluted 10.00 5.23 7.62

Weighted average aggregate number of
Class A and Class B ordinary shares
outstanding:
Basic 34,257,974 33,983,137 34,217,081
Diluted 34,786,353 34,763,639 34,786,342

(1) Cost of revenues are detailed as
follows:
Business tax and surcharges (57,288) (30,702) (49,511)
Traffic acquisition costs (108,797) (59,155) (101,693)
Bandwidth costs (48,029) (31,837) (43,012)
Depreciation costs (56,907) (40,654) (57,790)
Operational costs (37,379) (17,979) (27,795)
Share-based compensation expenses (942) (377) (1,179)
Total cost of revenues (309,342) (180,704) (280,980)

(2) Includes share-based compensation
expenses as follows:
Cost of revenues (942) (377) (1,179)
Selling, general and administrative (6,933) (68) (16,484)
Research and development (9,149) (5,027) (11,618)
Total share-based compensation
expenses (17,024) (5,472) (29,281)


Reconciliations of non-GAAP results of operations measures to the nearest
comparable GAAP measures (*) (in RMB thousands, unaudited)

Three months ended September 30, 2007
GAAP Result Adjustment Non-GAAP Results
Operating profit 168,081 5,472 173,553

Three months ended September 30, 2007
GAAP Result Adjustment Non-GAAP Results
Net income 181,729 5,472 187,201


Three months ended June 30, 2008
GAAP Result Adjustment Non-GAAP Results
Operating profit 276,340 29,281 305,621

Three months ended June 30, 2008
GAAP Result Adjustment Non-GAAP Results
Net income 264,985 29,281 294,266


Three months ended September 30, 2008
GAAP Result Adjustment Non-GAAP Results
Operating profit 368,305 17,024 385,329

Three months ended September 30, 2008
GAAP Result Adjustment Non-GAAP Results
Net income 347,859 17,024 364,883

(*) The adjustment is only for share-based compensation.


Reconciliation from net cash provided by operating activities to adjusted
EBITDA(*) (in RMB thousands, unaudited)

Three As a Three As a Three As a
months % of months % of months % of
ended total ended total ended total
September revenues June 30, revenues September revenues

Net cash
provided by
operating
activities 254,870 51% 403,378 50% 482,172 52% 30, 2007 2008 30, 2008

Changes in
assets and
liabilities,
net of
effects of
acquisitions (17,800) -4% (37,893) -5% (45,293) -5%
Income taxes
expenses 2,580 1% 28,561 4% 34,825 4%
Interest income
and other, net (16,228) -3% (17,206) -2% (14,379) -1%

Adjusted EBITDA 223,422 45% 376,840 47% 457,325 50%

(*) Definition of adjusted EBITDA: earnings before interest, taxes,
depreciation, amortization, other non-operating income, and share-
based compensation expenses.


For more information, please contact:

Investor inquiries:

China
Linda Sun
Baidu.com, Inc.

Email: ir@baidu.com Tel: +86-10-8262-1188

Helen Plummer
Ogilvy Financial, Beijing

Email: helen.plummer@ogilvy.com Tel: +86-10-8520-3090

U.S.
Thomas Smith
Ogilvy Financial, New York

Email: thomas.smith@ogilvypr.com Tel: +1-212-880-5269

Media inquiries:

Ceren Wende
Ogilvy Financial, Beijing

Email: ceren.wende@ogilvy.com Tel: +86-10-8520-6514

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Google Analytics Unveils 7 Major Updates

October 22, 2008 in SEO by ArticleSnatch

Just in time for a weakening economy and the holiday retail season, Google will begin rolling out 7 new features to Analytics over the coming weeks.

The new updates are enterprise level features that Google will now be offering for free.

First up is an integration with AdSense. This one will be rolled out over several months, so if you don't see it for a while, you'll know why. You'll be able to view AdSense performance based on page and referring site. Plus, you'll be able to tell where you're traffic is coming from geographically.

The rest of the updates will begin rolling out over the next few weeks. Don't expect to see them all at once. You'll more likely see them added one at a time. Here they are, in no particular order:

Updated user interface. You may have seen this already today on your account. This is a cosmetic update with a cleaner look. Updated management interface. Soon, you'll be given a summarized glimpse at your stats upon logging into analytics. Also included are added administrative abiliies to rename and delete accounts and profiles. Custom reporting. You can create reports based on the data that's important to you and organized how you want to see it. Choose which stats you want on the x and y axis and what data you want to drill into. Advanced segmentation. Check out data on subsets of traffic. You can use this feature to compare traffic from paid search versus organic search, for example. You can integrate this with custom reporting, as well. Motion Charts This takes your data and visualizes it using colors and bubbles. Sound funky? Check out this video to learn more:New API - People have done some pretty creative things with Google Analytics from mobile and desktop applications to Grease Monkey scripts. Now, developers have it easier with the new Google Analytics API. Google is hoping that third party developers will dream up applications that aren't currently floating around the offices in Mountain View.

Google has a YouTube channel dedicated to these updates. It's a great way to learn more about how the new features work. Check it out and then let us know your impressions of these coming changes by leaving a comment.

Related Reading:
Google Analytics Now Available in Google Code
Google Analytics Now Shows When a Visitor Uses Chrome
Does Google Analytics Share Data with Google Trends and Ad Planner?
Google Analytics Adds Adwords TV Campaign Reporting

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