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Pay-Per-Click Advertising How to Maximize the Return from Each Click-through Steven Schwartz President, PowerWebResults.com Southeastern Massachusetts E-Commerce Network University of Massachusetts – Dartmouth
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Agenda Definition Why Advertise? ROI Key Elements Resources Q&A
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What is Pay-Per-Click According to MarketingTerms.com.. “Pay-Per-Click is an online advertising payment model in which payment is based solely on qualifying click-throughs.”
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How Does it Work? Bid on relevant keywords Advertising engine displays your text ad on their results page or network of web sites You only pay when people click
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Why Advertise? Get instant visibility Cost to enter is small Track ROI
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Who Are the Major Players? Google Yahoo MSN Find What Ask Jeeves/Teoma
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Google Keyword Targeted CPC (Cost Per Click) More Clicks, Better Results You set max per keyword and budget Track Results – Conversion Tracker Ads appear on Google.com Google content network via Adsense program
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Yahoo Sponsored Search (Formerly Overture) Bid on keywords (auction format) Highest bidder gets highest placement on the page Yahoo, MSN, Altavista, CNN, Infospace Yahoo Publishers Network Content Match (Beta)– Like Google Adsense
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MSN Text Ads Limited to MSN, CNBC, Hotmail, Program will eventually replace Yahoo results May be an opportunity down the road
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Getting Started Very Easy to Set Up Take the time to –Plan –Research –Setup –Execute –Track Results
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1 st Step: Budget and ROI Define program objectives What’s success? How will you measure success? Define and set conversion expectations
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Conversions Any interaction that you want to track Valuable events like: –Product Purchase –Form Completion –White Paper Download –Event Registration –Inquiry
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2 nd Step: Research Keywords Yahoo Search Marketing –Keyword Selector Tools –Keyword Bid Tool –ROI Calculator Google –Keyword Lookups –Keyword Analysis –Traffic Estimator Wordtracker.com
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Bid Example
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ROI: What’s Each Conversion Worth? Source: http://www.bplans.com/common/calculators/ppcroi.cfm
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How Can You Maximize Your ROI? Great Ad Copy Keyword Specific Landing Pages Improve Conversions Continually Track What’s Going On
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Scenario 2
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Copywriting Focus on Your Ad Copy –Title –Body text –URL Google lets you run multiple ads Art more than science Look at competitors Hire copywriter
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Elements of a Good Ad Attention Promise of Benefit Credibility Persuasiveness Interest Desire Action
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What Will Make You Stand Out? Do you have the lowest price? Do you have the best variety? Do you have high-quality products? What makes you credible? How do you meet the needs of the potential buyer?
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Focus on the Ad Title Most people scan the title Body copy holds less weight Insert relevant keyword in the Title –Google lets you do it automatically If prices are low, put price in Free add-ons can make a difference –Free shipping –Free 30 day trial
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More Ad tips Quantify your ads –Most, Lowest Avoid Using Hype –Buyers are savvy Create a Sense of Urgency –"limited-time offer“ –"available for overnight shipping." If you have space, add creditability –30 day money back guarantee –5 star rated vendor
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Ad Tips Look at Competitors Create a unique approach that focuses on the opposite or reverse of what your competitors are advertising Test, retest and track
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Conversion - Landing Page You just spent $$ to bring someone to your web site, now what? Don’t waste it on your home page Build specific landing pages that match the expectation your ad generated Call to action – highlight your conversion - Buy - Download - Register
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Landing Page Call to action Copy Navigation – Limit, can distract Merchandising –Local, Geography, Season Micro-site –Self contained site just for the offer
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Improved Conversion
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Do your landing pages convert? A/B Test Multivariate Testing - Offermatica Track visitors from Ad to Landing Landing to Next Step and beyond Google Conversion Tracking Use a Good Metrics Program Like –Webtrends, Click Tracks, Net Tracker –Urchin (Recently purchased by Google)
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Campaign Analysis Daily – watch after launch of campaign Weekly – Check listing performance –Traffic –Sales –ROI Numbers Monthly – Deep Analysis –Search engine –Products –Keywords
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Resources Good Keywords - Softnik Technologies PPC Toolkit – Softnik Technologies Arelis Keyword Tracker Bid Management Tools –AtlasOnePoint (formerly GOTOAST) –BidRank
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Conclusion PPC Advertising is a very effective way generate traffic and sales Takes effort, planning, testing and constant monitoring
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Q & A Steven Schwartz PowerWebResults.com info@powerwebresults.com (401)440-4028
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