PPC Advertising: A
Click Can Be Good For Your Business
PPC stands for Pay Per
Click - a popular advertising technique on the Internet.
Found on websites, advertising networks, and especially on
search engines, PPC advertising involves sponsored links that
are typically in the form of text ads. These are usually placed
close to search results, where an advertiser pays a particular
amount to visitors who click on these links or banners and land
on the advertiser's web page.
The leaders in
the pack right now is Google Adwords and Yahoo Search
Marketing. MSN AdCenter is quickly becoming a solid
contender.
In essence, PPC advertising is all about bidding for a leading
position on search engine results and
listings. Advertisers do this by buying or bidding on keyword
phrases that are relevant to their products or services - the
higher the bid, the higher the spot on the search results, the
more the people will find the ad (and click on it) to go to
their websites. Advertisers would then pay the bidding price
every time a visitor clicks through the website or landing
page.
Google Adwords will also reward an advertiser for targeting an
ad to a proper landing page. This can result in a lower bid
cost and elevate your ad. You can actually end up with a higher
ranking for a lower bid. Nice, huh?
PPC advertising is also known under the following
names/variations:
- Pay per placement
- Pay per performance
- Pay per ranking
- Pay per position
- Cost per click (CPC)
PPC advertising is usually done with the
following standard procedures:
1. Setting up an account and/or deposit funds.
2. Creating a keyword
list.
3. Choosing (and setting up) an account with a PPC search
engine.
4. Bidding on the ad placement, including the search result
words or phrases.
5. Writing out an ad copy.
6. Setting up the 'landing pages' or 'squeeze pages' for your
ads.
7. Placing the advertisement in the search engine.
There are many benefits to Pay Per Click advertising, making it
an effective way of promoting a business 'online'. Some of them
are listed below:
1. Get launched immediately. PPC advertisements are implemented
very quickly - they can go 'online' within a few minutes.
2. Obtain specific, pre-qualified, and quality traffic. PPC
provides you with quality or well-targeted traffic. Visitors
are narrowed down into 'qualified' people who are actually
looking for specific products and/or services that you offer -
those who are more likely to become a 'lead' (a convert) and
complete a transaction (either by buying your product or
subscribing to the service that you are offering.
3. Widen your reach. PPC advertising provides additional
traffic to your site, aside from the natural or "organic"
search engines. Although PPC can be used for any perpose,
pointing traffic to your web site is not the best way to use
it. It's meant specifically to get the click and make the sale.
You want to achieve a good return on your investment.
4. Track your investment. PPC advertising makes use of a
tracking system that will determine exactly who comes to the
website and what they do once they arrive - the length of their
stay on your web site and the number of pages (including the
actual pages) that they view. These are valuable tools in
determining statistics such as return on investment (ROI),
acquisition cost-per-visitor, and conversion rates (the
percentage of visitors who are converted into customers or
leads).
Below are some important things to consider when planning on a
pay per click campaign:
1. Know your product. Take an inventory of the product and/or
services that you have to offer (before anything else). Of
course, the best way to know your product is to purchase it for
yourself. It also provides your customer with the knowledge
that you know what you're talking about and are being honest
with them. That speaks volumes about you!
2. Stay within the budget. Determine your daily or monthly
budget; and stay with it. This means keeping your budget in
mind, avoiding bidding wars if possible. Try to get the lowest
possible bids for each keyword. You don't need to be the number
one ad on the page.
3. Bid just right. Know how to bid right - a bid that is too
high can exhaust all of your money, while a bid that is too low
can make you lose that spot. As long as you're number 10 or
lower, you're on the first page. That is all you're shooting
for.
4. Watch the bottom line. Measure your profit margin against
your spending or expenses. Know when to stop and terminate your
PPC program - if you spend more on advertising but have little
or no sales at all.
5.
Find the right keywords. Decide
which keyword phrases to opt and bid for. Do some keyword
research, either by actually looking at existing search terms
or with the use of keyword suggestion tools, to know which
terms are mostly used when searching for items that are related
to your business. Focus on specific keywords, not on general
ones. General ones can cost you dearly.
6. Write effective ads. A good PPC ad is
one that which can persuade and move a searcher. There are
several approaches to this:
- Discount offers
- Testimonials
- Celebrity/famous endorsers
- Money-back guarantees
- Free trials or sample offers
- Freebies
- Reverse psychology
- Major benefits ("Lose weight")
- Direct instructions ("Click
here")
7. Maintain a professional-looking site.
Your web content should be regularly updated and checked for
spelling and grammatical errors. There should be no broken
links or images. The website should be simple - designed in
such a way that it will be easy for visitors to navigate and
load. Include contact details to create a good impression among
potential customers. Designing a landing page with no
navigation or distractions for your most wanted response will
always be your best bet. You goal is to make the
sale.
Finally, learn all you can about the ins
and outs of PPC Advertising. Knowledge will pay off in spades.
The best book I know of the will tell you everything you need
to know to build successful campaigns in The Definitive Guide To Google
Adwords.
Another
absolutely wonderful tool I use to create and manage my
campaigns, ad groups, etc is SpeedPPC. It
helps me create huge campaigns in minutes rather than hours
or days. This is something I can't imagine being without,
now that I have it!
Done properly, PPC advertising can be an
effective marketing tool that will maximize the return on
your investment.
Regards,
Tony Thomas
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