Hacking, parenting and the Intermarkets Way

As a parent, when your child does a great thing, there's always the conflict between wanting to brag about their accomplishment, while at the same time not wanting to seem like one of "those" parents who endlessly promote their child's every latest move as some form of monumental achievement worthy of the Nobel Prize or a place in the Guinness Book of World Records.

But sometimes, you just gotta brag.

Every day at Intermarkets, we strive to achieve greatness within the construct of the Intermarkets Way. This means going above and beyond what is expected, to achieve what should be done.

With a widely dispersed staff, working at various locations across the country, it's easy, however, for us to just take for granted the everyday heroic acts of our team. For me, it's native to not seek out commendations, and that can lead to not sharing them, either. And that's not a good thing.

So today that changes.

And we've got a great example to use as a starting point.

This morning, my colleague Mike S. was doing a routine check of one of our publishers' sites and noticed something peculiar with the Google search code on the site.

After some quick research, he contacted me and explained the situation. Someone had “hacked” into the site’s server and made changes to the site's home page. The site’s servers are the same that host another of our publishers. This set off major alarm bells, even though the issue was not directly related to Intermarkets.

We contacted the publisher and he and his webmaster investigated and found that there was a security issue. The issue was resolved, and the code was corrected.

Thanks to Mike's rapid actions, we saved the publisher lost revenue and identified a security issue that could have affected other publishers, too. We earned the appreciation of the publisher as well as the webmaster.

Thanks, Mike, for your actions today, and thanks to everyone on the Intermarkets team for contributing to our ongoing success, and building the legendary Intermarkets Way.

Like I said, sometimes you just gotta brag.

Survey says...

The vast majority of corporate chief financial officers do not agree with the recent statement by US Federal Reserve Chairman Ben Bernanke that the "recession is likely over." According to a recent poll, nearly 70% of CFOs believe the recession will continue.

This is startling because CFOs are the most knowledgeable about where the economy is right now and where it is heading.

The major concern at this moment is that economic policies may be developed based on assumptions that may be in error.

Why this matters is that business and consumer confidence is crucial in reviving the economy.

Intermarkets awards scholarship

Intermarkets, Inc. announces that Daniel C. Yates has been awarded the Intermarkets-Lucido Journalism Scholarship.

We created the scholarship to recognize an outstanding graduating senior in Virginia who understands and promotes the importance of unbiased journalism in the United States media.

Click here for more information.

Daniel wrote a great essay and has shown tremendous leadership and a true commitment to real journalism.

Congratulations Daniel and best wishes to you for the future, from all of us at Intermarkets.

Intermarkets Publisher Gets Slow Jammed by Jimmy Fallon!

Intermarkets manages sales for a variety of Web sites, including the iconic Drudge Report. We're also proud to work with Rasmussen Reports, which must also now be an icon as the site was slow jammed by Jimmy Fallon, check it out here.

Come on Jimmy...how about Matt Drudge, next?

Web advertising industry snapshot - First half, 2009

Minor updates, July 22, 2009:

Short and sweet tonight. Here's what we've seen in the Web ad industry during the first half of 2009:

1. Q1 performed better than expected, given the current economic conditions. Consumer confidence, unemployment, interest rates, energy prices and more have contributed to restricting economic growth in most business sectors.

2. Q2 performed much better than planned, due to stable-to-growing demand for online ad space.

3. Overall financial performance for 1H09 looks to be lower than in 2008, but only slightly, with a decline under 10% (which is less than predicted by a variety of forecasters).

4. Ad networks performed relatively well. We think this is due to better optimization tools and practices, as well as advertisers shifting budgets away from broadcast, print and cable to the Web.

5. We've noted a slight increase in VC funding of publishers and advertising intermediaries, somewhat disrupting natural pricing equilibrium for both buyers and sellers.

6. We've noted some realignment of publishers and advertising intermediaries away from conventional online media (banners, for example) opening opportunities for those who can effectively work these formats.

Outlook for 2H09:

1. We believe economic conditions will weaken further through the end of the year, with key indicators such as the unemployment rate, interest rates, real estate values, energy prices, tax increases, state budget deficits, tight credit conditions, and more choking economic growth.

2. We agree with predictions that unemployment will exceed 15% (or perhaps even much more) during 2010.

3. This particularly critical benchmark will cause marketers to continue to be conservative with their budgets.

4. We think the Web advertising sector should continue to be sound with stable-to-moderate growth. We expect blue chip advertisers to continue increasing their online ad spending for the rest of the year.

More to come, but we wanted to be among the first with a 1H09 summary.

Summer: Sizzle or snooze?

During the stock market crash of 1929, and during the depression that followed (and for that matter, in the film, "It's a Wonderful Life" the antagonist played by Lionel Barrymore), great fortunes were amassed by some smart folks who bought while the masses were selling. To this day, that same pattern repeats itself, by the likes of investors such as Warren Buffet.

So, when your competition is slashing their marketing budget during tough economic times (afterall, why bother selling your product when sales are down, right?), does it make sense to seize the moment and aggressively market your product or service?

Of course it does!

During weak economic times, such as those we're now experiencing, there is a lot less "noise" in the media, meaning that your message can get through more clearly and more efficiently than when times are good and lots of competitors are in the marketplace grasping for your market's attention.

That's why this summer, don't snooze...sizzle!

With the stage to yourself, and while great creative work is always vital, if you don't have a perfect idea, at least you will have more people's attention, so you can get across a sales or reminder or whatever message you're aspiring to deliver.

Think of it this way; Whose message are you more likely to hear: the words of one child in a classroom with 40 other chattering kids, or the words of one person with whom you are in a room alone?

Okay, so I'm not so good at the sales pitch myself these days. To encourage our target market to listen to our message, we're offering discounts and free bonuses this summer to capture your attention.

Too Sweet To Resist!

Check out Intermarkets today to learn more about an offer that's Too Sweet To Resist (plus we have a nice picture of some puppies as part of the promotion; yes, we can be ruthless).

Have a great July 4 holiday, and keep those cards and letters coming!

Managing aspirations

Profound lessons from the Bronze Age, more meaningful than the latest management fad:

Around 400 BC, near the end of the Peloponnesian War, controversial, brilliant and legendary (and real) General Alcibiades of Athens looked out over a mass of untrained, raw, newly-recruited Thracian soldiers, on a southern plain in Thrace (part of Turkey, today). His military companions looked on at the new recruits in astonishment that Alcibiades could have so much confidence in them.

In a haughty tone, one of the companions says to Alcibiades, "Even yourself are not so vain as to imagine that these recruits will stick (i.e., fight – KPL) for you?"

To which Alcibiades replies, "I'm disappointed in you, old friend. Can you be as blind as these Thracians to what stares you, and them, in the face?"

"And what would that be?" his companion asked.

"Their own greatness."

He meant he would lift them to it.

He continued, "They will not stay for my destiny, but for their own."

From "Tides of War," by Steven Pressfield

Do you see the greatness in your colleagues?