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Posts Tagged ‘Pay Per Click’

PPC Bid Management For Effective Website Promotion

Tuesday, November 3rd, 2009

Pay per click (PPC) is an extremely popular method for advertising a product or service through the use of keywords or keyword phrases in the search engines.

The advertiser only pays for each click that sends a visitor to his or her website. Larger search engines such as Google and Yahoo offer top positions among the sponsored listings for specific keywords/phrases that you choose.

The intent behind keyword bidding is to buy/bid on keywords/phrases that are relevant to your business. The end result is that the highest bidder is listed at the top of the search result listing with the second highest bidder getting the next top listing and so on. This means that every time a visitor clicks on your website link, you will have to pay the same amount that you bid on that particular keyword.

If you conduct online searches for products, articles and auctions, you usually enter a keyword or a keyword phrase using a search engine like Google or Yahoo. Upon submitting your search terms, a long list of keywords or keyword phrases will immediately appear containing the search terms you keyed in. The first or top link is usually the site of the person who bid the highest for the keyword you used. This allows the business owner to maximize their investment. They get significant exposure while at the same time paying only for clicks that could lead to potential sales.

To begin the PPC bid management process, you should first identify the maximum cost per click (CPC) you are willing to pay for a specific keyword or phrase.

The CPC can vary significantly from one search engine to another. To determine the Maximum CPC, simply average the current costs of bids, which usually range from $0.25 to $5. The average of these bids will be your starting maximum CPC. Of course, as your ad campaign progresses, you will discover the actual conversion rate of prospects into customers, which in turn could result in an adjustment in your CPC (bidding rate).

When you start to bid, you should plan to utilize a different bidding strategy for each search engine. This is due to the fact that each search engine has its own PPC system that requires a different approach. An effective strategy to employ is to identify different bids for the same keyword phrases among several search engines.

While it seems advantageous, you should not strive to get top placement in PPC search engine results for two main reasons. First, it is a very expensive and uncertain undertaking. The second reason is that most people will usually try a variety of search queries in several search engines before settling on the term that best fits what they are looking for. If you want good placement with a bit more consistent results, try to bid for the fifth spot instead and then gradually use your profits to work your way up the list.

Once you’ve attained a consistent PPC bid, you should begin to develop your own bidding strategy accordingly. At this stage you should begin to determine which sites are driving the bulk of your traffic flow and also identify the ranking of your paid ads. This will enhance your bidding strategy and also aid in determining where you want your ad to be positioned. Your maximum CPC will play a key role in these decisions.

Furthermore, using pay-per-click bid management in promoting your website will only be successful if you take time to build several lists across a variety of search engines and then analyze the performance of each listing.

This is the best way to assess the value of what you are spending in the bidding process.

The key is to continually take the necessary precautions to stay ahead of the competition.

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Pay Per Click Marketing Explained

Thursday, October 8th, 2009

One of the most popular online marketing methods is Pay Per Click marketing (or PPC marketing).

This type of marketing is also referred to as pay for position, cost per click or pay for performance. However it’s described, PPC marketing is still very much the medium of choice for online advertisers seeking to promote products and services to Internet users.

One reason why this method is so effective is that PPC marketing is beneficial to both the advertiser and the consumer. The advertisers using PPC marketing benefit because they only pay for the actual click-throughs linked to their sites from search engines. And one of the greatest consumer benefits is that there are no annoying emails or pop-up ads for products and services.

Here’s how it works. When an online consumer searches for a specific product or service, corresponding PPC marketing ads are also displayed alongside the results generated by the search engine. This creates a highly targeted consumer group with a significant potential for purchasing a specific product or service. And, thanks to PPC marketing, websites get to limit their advertisement costs. This is truly a win/win solution for both parties.

While there are several advantages in using PPC marketing, there are also potential disadvantages that must be considered as well. One of the most prevalent difficulties associated with PPC marketing is that most people who attempt to implement this profitable advertisement method have very little if any experience. Contrary to popular belief, there’s more to it then just submitting PPC marketing ads to a major search engine.

Like any advertising campaign, PPC marketing is a science. You must use a calculated and systematic approach. Part of your PPC campaign involves using keywords and bids to assure top search engine placement. The purpose of achieving this is to increase website traffic, which in turn offers a greater profit potential.

However, if you are someone who lacks the experience and knowledge required to pull off a successful PPC marketing endeavor, then you could end up with an expensive campaign with little or no profits. You should also keep in mind that this method requires continuous funding; if payments are interrupted, then so is the advertising.

Another concern is the rising cost of bidding on keywords.

This will continue to be the norm as an increasing number of websites compete against one other in an effort to bid on the most popular keyword for their PPC marketing ad. Since big business websites can afford to pay more for popular keywords related to their site this obviously puts the small business websites at a considerable disadvantage.

Running an effective PPC marketing campaign
If you choose to start a PPC marketing campaign, there are several items that you should keep in mind to make your efforts more effective. A major component is to develop a marketing plan so that you can get the best return on investment from your campaign. A key factor is selecting the most appropriate keywords that relate to your site’s business.

Be forewarned, though. Choosing the most popular keywords is not a guarantee that you will make a profit. Instead, you should select more specific keywords that will place your site among the first ten search results, which offers a greater potential awareness from online consumers. Of course, this approach is much more cost-effective than vying for the top spot in PPC ad listings.

A successful marketer will also take the time to continually gauge the performance of his or her PPC marketing campaign. By doing so you can determine when to modify a specific PPC marketing ad to make it more effective. This will also let you know if a particular ad isn’t working so that you can discontinue it before any further profit loss can occur. For the serious PPC marketer, tweaking PPC marketing ads is a continuous process that can lead to a significant return on investment.

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Simple Ways To Make Viral Marketing Work For You

Saturday, October 3rd, 2009

One of the most misunderstood but often-used marketing methods is known as Viral Marketing. No, it has nothing to do with spreading an illness.

Instead, this marketing method seeks to duplicate, in a good way, the process by which a virus is spread.

Before we launch into the “meat” of this article, there are a couple of things you need to understand. One is a good definition of Viral Marketing.

A common name for this approach is “word of mouth” marketing. In other words, it is a strategy that includes a built-in incentive for the recipient to pass along your marketing message to someone else. The “virus” is your marketing message that drives traffic to your site.

Next, you should understand exactly what constitutes an effective viral marketing strategy. Here is where most people who attempt to use this method “drop the ball.” At the very minimum, your viral marketing campaign needs to include:

• A valuable product or service that is being given away

• An easy means for others to pass along your valuable free product or service

• A valuable incentive to strongly persuade others to give your valuable product or service away

• Plan to place your product in a way that allows for maximum convenience and distribution

Now that we’ve covered the basics let’s examine some powerful, proven ways to put this method to work for you.

Probably the most-used avenue for viral marketing is an e-book. Creating a viral e-book isn’t really that difficult; just make sure that it includes quality information that your target market really wants. You could survey your own list, or, just by paying attention to the posts in forums you frequent, you can quickly find out what people want or what problems they want solved.

Once you’ve found your topic, take the time to do the best job researching it that you can. Include an ad for a product or service related to the e-book’s topic and then put your findings into an ebook of no more than twenty pages. Offer it as a free gift for your list (or forum members). You might also consider including it in ebook directories.

A second method, which is really just a twist on the previous one, is a viral newsletter. As with the viral e-book, be sure that your publication is loaded with valuable quality information. It too, should be no more than twenty pages.

Once completed, you could choose to publish in one of three ways: upload it to your website, send it in text format via email, or publish it in PDF format. You could choose to use all three for maximum exposure. Include a graphic image for your newsletter, and let your list members know they can give your newsletter and the graphic away. And be sure to include a message inviting the reader to forward a copy to a friend.

An idea that might take a bit more effort is offering a viral service. One of the most effective—and most popular—ways is to give away free advertising. This could be on a forum, website, blog, directory, etc. Once you’ve decided on a free service to offer, you’ll also want a way to monetize your service. A few suggestions include adding a Pay-Per-Click service or an ad rotator.

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