Yet so many still fail at Pay Per Click advertising. This is because the system that allows such great direct marketing also creates a great deal of direct competition. To succeed all aspects of a campaign must be well thought out with your direct competitors in mind. From the keywords that are used, to the landing page and conversion tracking system, every step must be optimized.
The first step is to see what the competition is doing in terms of ads, positions, offers, landing pages and spend. A searcher who is ready to buy will click through many ads to see what options are available. We must find a way to engage and influence these searchers in a way the competitors are not. This is because they are located right next to us. We cannot hope that they have happened to find us but not them.
A good analogy is to imagine all your competitors are on the same block right next door to you. The customer can walk down the street and compare every offer. In a market like that you need to be very focused on the searchers intent and needs. You must get them to contact you instead of the other eleven businesses.
We want to use keywords that will bring a lot of visitors who are ready to purchase to our site. At its core that is what keyword selection should achieve. The keywords that we select should be relevant and be the keywords searchers are using who intend to purchase.
Keyword Selection Methodology:
The goal when writing PPC ads should not be only be the acquisition of clicks. Ads should be written to prompt searchers who are ready to buy to visit your site and to complete a pre determined goal. Focusing on direct marketing we will want only those who are ready to purchase. It is also important that the landing page what the ad claims to offer.
Once on our website we will want to present easy ways for the searcher to complete the goals and to influence them to take action NOW. With that in mind we must define the offer and present it in a compelling way. That is where the landing page comes in. The landing page should be an extension of the ad and must engage the searcher.
Ads also need to be written with quality score in mind. The ads need to have copy that is relevant to the keywords that are being used to support higher ranking and to reduce cost per click. See bid management below for more detail.
Goolgle, Yahoo and MSN all offer geographic targeting for Pay Per Click advertising. Each offer deferent levels of granularity and types of approaches. Google allows for the specification of custom shape geo targets so we can zero in on the area that a business services. Yahoo recently added a feature to use zip codes for targeting. Any local Pay Per Click campaign will need to be properly targeted to maximize conversions and minimize spend.
Its important to bid according to the commercial value of a keyword to maximize conversions. Using Online Commercial Index and ongoing feedback from analytics the value of a keyword can be determined. A keyword that gets no conversions and scores low for Key Performance Indicators should be bid down in rank or deleted from the campaign.
PPC bids are driven by competitive factors. Demand, profit margin and competition all play a role in the bid price. The higher the profit margin and demand the higher the bids tend to be. And depending on the volatility of the market, bids may change often and quickly.
But bids are not the only factor that effect ad rank. An ad is ranked on a Google search engine results page by a keyword's cost-per-click (CPC) bid and Quality Score, which is calculated from its clickthrough rate (CTR), the relevance of your ad and keyword to the search query, the content of the landing page and other relevance factors. [google help on quality score]
Once an account has been running long enough to accumulate sufficient data adjustments can be made to optimize results. Conversions and metrics such as bounce rate, time on site and page views can be used to assess keywords, sources, ads, offers and landing pages. Geographic location of searchers and callers may also be used to inform optimization.
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