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November 6, 2007

Tips For Effective Pay Per Click Advertising

In Pay Per Click Advertising

Pay per click advertising is not a pleasing subject for many webmasters. One, it costs money and second it requires diligence. But with bit of hard work and campaign management, you can master the art of pay per click advertising very well and boost your business growth as a result.

The common mistake that people do when starting a PPC campaign is to aim and bid for the top rank. It is true that you would get maximum exposure when you are a top but cost of staying at top is quite a lot and may lead to nosediving of you campaign.

For successful PPC campaign, you need to bid on keywords in such a way that they get clicks from potential buyers and avoid people who are interested in information only, while keeping your costs minimum.

Today i bring you seven tips that would help you to achieve the above objective

Bid What You Can Afford:
This is quite plain and simple but needs to be reminded. If you stretch your budget to meet your budget, his would put you under financial stress. In such situations, it is not possible to support the campaign for a period enough to evaluate. You would want quick results and might get frustrated soon.

So decide your budget first and bid accordingly.

To decide amount of bid, you must calculate return on investment or ROI. Before you can monitor your own results, you would need to calculate on average values available.

Conversion rates of visitors into customers vary from 0.5-8%, depending on various factors including what you are selling, type of traffic (whether targeted or not) and website design etc.

Let us keep one percent as the conversion rate for your future campaign. That means out of every 100 visitors, one would buy from you. Let us say you sell a product for $40. That means each of your visitor should cost you less than 40 cents to make it an effective campaign.

Thus you need to keep your bids lower than that otherwise you would make losses.

You would modify these bidding prices as your own data becomes available.

Do Not Go For The Top Position: Getting a second, third or fourth position would also bring you a good traffic and cost you less. You can test your bid prices in different campaigns. Vary your bids so that your listing appears higher and lower on the page and see how does it affect your profits

Work On Keyword Variations: Do not directly bid for a competitive keyword. Instead find a work around by prefixing or suffixing that, trying misspelled versions and using phrases instead of simple keywords. For example instead of money making, you can bid for money making for moms.

You would find plenty of situations where you can apply this. You must use this strategy to your advantage.

Try Smaller Search Engines Too: While they would not bring loads of traffic, they would still bring visitors and would cost much less. Findwhat, Kanoodle,Enhance Interactive and LookSmart are the ones which you can give a try.

Create Different Ads for Each Product You sell: A very effective strategy if you diligently do it. You should write separate ads specific to each keyword and phrase you bid on. These customized ads would attract more attention and clicks from potential buyers.

You would be converting more and more of these visitors to buyers if you pull them with highly specific ads and direct them to a page on your site with the product or service they’re searching for.

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November 6, 2007
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Anonymous @ 12:06 pm

Tips For Effective Pay Per Click Advertising…

Pay per click advertising is not a pleasing subject for many webmasters. One, it costs money and second it requires diligence. But with bit of hard work and campaign management, you can master the art of pay per click advertising very well and boost yo…

Eloi @ 12:28 pm

Nice post Arun, you are right about most things… I think the secret of PPC is just like any other web/digital based program: the more you ‘play’ with it, the better you’ ll get.

Also important to mention is the fact that your landing page should have the same vocabulary and terminology as the text in the ad. that really helps getting high conversion rates.

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