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Hello {FIRSTNAME},
Welcome to all of our new subscribers!
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-------
In this week's edition of Etips, Eddie
Machaalani, of interspire.com, will provide you with some great tips for
developing a successful pay-per-click campaign.
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Sponsor Message
 Tips for Successful
Pay-Per-Click Campaigns
By
Eddie
Machaalani © 2005
Introduction
Pay per click (PPC) is by far one of the easiest and quickest methods of
driving targeted, consistent traffic to your website. While this may seem
like a daunting method of advertising for some, it's actually quite easy
and can end up becoming that one marketing method that you can't live
without.
What I'd like to do today is provide some tips and techniques that I personally
use when creating and monitoring PPC ad's. Hopefully these tips will help
you in your future marketing endeavors.
Experimenting With Different Search Engines
There are many PPC search engines, with some being better than others. The
top two are Google and Yahoo, which was previously known as Overture. It's
a good idea to start your PPC campaigns with a small budget, spreading it
out over a few different search engines to experiment and see where your
target market may be lurking.
Generally speaking, I've found Google Adwords is better for more technically
orientated products or services, including software, hardware, web design
etc. Yahoo, on the other hand, is better for general consumer products, including
insurance, toys, music etc.
What I wrote in the previous paragraph is very general, and you should analyze
your campaigns carefully to see where they are performing their best. We'll
discuss this in detail a little later in the article.
Selecting the Right Keywords
The keyword selection process is probably the most important of all when
it comes to creating your PPC ad's. You'll need to select keywords that are
specific to your product or service offering, but you need to be careful
not to select keywords that are extremely popular, as this may deplete your
PPC funds sooner than expected.
The keyword selection process begins by asking yourself just one question:
"If I was searching for a product just like mine, which words or phrases
would I search for?"
Using your answer(s) to this question as your base, you can then use a thesaurus
and common sense to start building your keyword list with plurals, synonyms,
similar words, etc.
To see which keywords your competitors are using, simply try searching for
them. If you see a PPC ad along the side for your competitor, then note that
keyword down and add it to your list.
Another way of coming up with great keywords is to use the overture search
suggestion tool:
http://inventory.overture.com/d/searchinventory/suggestion/
Type in a set of keywords and it will list similar keywords, including the
number of times that keyword has been searched for on Overture (Yahoo) in
the last month!
There's often a fine line between selecting keywords that are either too
specific or keywords that are too general. Try to keep away from these, as
they can often result in wasted PCP funds.
A typical example of this would be an ad that I created recently for our
latest product, TrackPoint, which -- not coincidently -- is an internet marketing
return on investment (ROI) tracking tool. Although the product is heavily
geared towards internet marketing, using such a broad term would have made
it virtually impossible to compete with the other advertisers.
The term "internet marketing" is searched for 825,674 times per month on
Overture alone. Combined with the huge number of different advertisers that
target this keyword, the top bid for "internet marketing" on Google AdWords
is $13.84 per click! With an average of 240 clicks per day, a single day
of advertising alone would cost $505!
Now, unless you have an extremely high conversion rate of visitors to sales,
or you're selling a high priced item that usually has a high customer acquisition
cost, I suggest targeting more specific keywords. Not only will this decrease
your overall competition with other advertisers, but it will also increase
the chances of turning your newly found web site visitors into customers.
Back to my earlier example, I chose to be specific with my keywords. One
keyword was "ROI tracking", which is searched for 1,828 times per month on
Overture and has a much cheaper top bid. This keyword is also more targeted
to the product I was marketing, meaning that a large percentage of people
clicking on my ad should turn into customers.
It's also helpful to note that taking the top bid is not always necessary,
and anywhere in the top 5-10 can generate great leads. This really does come
down to budget and analysis.
Sponsor Message
Attracting People to Your
Ad
Now that we've selected our keywords, we need to get those searching to click
on our ad, which in turn will result in them clicking through to our web
site and potentially purchasing our product.
One of the simplest ways to get peoples attention is to use their search
keywords in the title of your PPC ad. This has been proven to increase click-thru
rates on ad's by over 50%.
Why? Simple. If the potential customer is searching for "ROI Tracking" and
the title of a PCP ad begins with "ROI Tracking", then their attention will
be grabbed instantly. He or she doesn't need to know much else, other than
that the PPC ad is catered specifically for him or her.
One thing to keep in mind is that you can sometimes create a more relevant
title by combining your different keywords into one PPC ad. For example,
I could have easily used something like "ROI Tracking PHP Script" as the
title of my ad, which effectively would have decreased my click-thru rate,
but definitely caters my ad more to a specific audience. Once again, this
comes down to analysis and adjustment.
Another important technique to attract attention to your ad is to differentiate
yourself from your competitors. In our particular case, the majority of our
competition offer hosted solutions, whereby they manage the software on their
servers in return for monthly or per traffic fees.
Our product caters to a different audience, those that want more control
over their software, as well as those not wanting to pay monthly fees. So,
in this example, I would make the title of my ad "Pay no monthly or per traffic
fees".
Next -- and this is where experimentation is extremely important -- we need
to create a description for our PPC ad that will attract the potential customer
and let them know that our product is exactly what they are searching for.
To do this, I start my ad's description with "Track PPC, campaigns &
search".
Finally, it's good practice to add a "Call to action" at the bottom of your
ad. If you're not familiar with this term, its usually an instruction to
tell the person to do something, such as "Click here to view a demo", "Download
Now", etc.
Marketing experts seem to agree that the average human needs to be prompted
to click on an ad or take action, so we'll add this line to the end of our
PPC ad's description:
"Track PPC, campaigns & search. Try demo!"
Reducing Click-Thru's
Sometimes it's important to reduce the number of clicks your PPC ad is receiving.
This could be because you are attracting people who are only after free
products/services, or even the wrong target market.
The two quickest ways to reduce click-thru's are to make the description
of your ad more targeted and to add the price of the product to the ad.
Making the description more targeted (as I've discussed above) can reduce
your overall click-thru rate, but potentially increase the likelihood of
a click resulting in a purchase.
In my earlier example, by adding the words "PHP script" to the description,
we are effectively filtering out those looking for a hosted solution,
downloadable software or even those with a server that isn't capable of running
PHP scripts.
We also increase the targeting of our ad because we now know that the majority
of those clicking on the ad are looking for a PHP script, which is exactly
what our product is.
Secondly, by adding the price of the product you are selling to the end of
the ad, you instantly eliminate those looking for free products, and target
those willing to purchase your product or service.
Tracking Your Clicks and Conversions
The fundamental core of a successful advertising campaign -- whether it be
a PPC ad, banner ad or even newspaper ad -- is knowing whether or not your
ad's are actually converting into sales or not.
If your ads aren't making you m-o-n-e-y then you're more than likely better
off saving your advertising dollars and adjusting your ad's or using your
marketing budget elsewhere in your company.
Both Google and Overture have built in tracking and conversion tools that
you can use to get a holistic view of your current PPC ad campaigns. You
can even use external tools which let you add conversion code to your website
to tell you exactly which of your ad's are converting into sales and which
aren't. This is often referred to as knowing your ROI or Return on
Investment.
We need to know exactly how much m-o-n-e-y we are making per dollar spent
on every PPC ad. If the ROI is positive and we are making more m-o-n-e-y
than we are spending, then the ad is working and we can use this knowledge
to further improve our other ad's or increase ad spending for that particular
ad/set of keywords.
If, however, our ad's are costing us more than they are returning, then we
can reduce our spend, change our approach, or remove these ad's altogether.
It's a rather simple formula, but frustratingly ignored by many
advertisers.
You must track your ads if you want to succeed with any form of Internet
advertising. You should also constantly monitor and adjust your ads according
to how they are performing, your return on investment, etc.
Conclusion
Hopefully I've provided you with a clear insight into PPC advertising and
techniques that you can use to improve your advertising campaigns. It pays
-- pun intended -- to do your research and understand your target market,
because the rewards can sometimes be much more than you expected.
Copyright © 2005, Interspire, Eddie Machaalani
About the Author:
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