Of course the big search engines have tagging on
their radar as well. Yahoo recently purchased
Flickr. Furl, another bookmark sharing site, was
absorbed by LookSmart. Ask Jeeves now has tagging.
And Amazon invested in a site called 43 Things
that lets people tag-based build wish lists. They
might even be the silver bullet search engines
need to deliver truly personalized search results.
When this happens folksonomies and tagvertising
will usher in the next great advancement in
contextual advertising.
Here are a few ways in which tagging will create
new opportunities for marketers. Some are
applicable today while others are on the horizon
in the near future:
Although tags are far from perfect (they generate
a lot of false/positives), marketers should
nevertheless be using them to keep your finger on
the pulse of the American public. Start
subscribing to RSS feeds to monitor how consumers
are tagging information related to your product,
service, company or space. These are living focus
groups that are available for free, 24/7.
Folksonomy sites can be also be carefully used to
unleash viral marketing campaigns - with a caveat.
Marketers should be transparent in who they are,
why they are posting the link/photos and avoid
spamming the services
As tagging grows and the search engines begin
adding this feature to their sites, Google and
Overture will allow advertisers to buy keywords
across certain tags. Watch for this later this
year.
Last but not least, one or more entrepreneurs will
launch a tagvertising network that facilitates a
keyword buy across all sites that use folksonomies