According to the Search Engine Marketing Professional Organization (SEMPO). North American advertisers spent $9.4 billion on search engine marketing (SEM) in 2006, a 62 % increase over 2005. SEMPO researchers also estimate SEM spending to double by 2011, at an aggregate spending total of $18.6 billion.
However, while only a tiny percentage of small and medium size businesses currently contribute to this huge volume of advertising spend, many analysts predict that the number of small businesses will grow significantly over the next few years.
If you are a small, environmentally sustainable business with a limited advertising budget or a nonprofit seeking other avenues of funding, PPC ads can be an inexpensive, cost-effective way to reach a targeted segment of customers. And now is a great time to get in on it, before the green industry gets uber-competitive.
PPC - More Bang for the Buck
Pay-Per-Click Ads are small Internet text ads with a short description that link to a Web site that usually appear on the right hand side of your search engine results pages (SERPs) and in designated sections on many content-driven Web sites and blogs. Advertisers bid to have their ads show up when users search for certain keywords, or when Web site features those specific keywords in the content of that web page. Advertisers only pay when a user clicks on their ad and visits their Web site.
Depending on how competitive your market is, the cost-per-click on certain keywords can be as cheap as a few cents a click to $5, $10 or even more. However, anyone can start a PPC advertising program on as little as a few dollars per week.
The first great thing about PPC advertising is that it is treeless. With print direct mail, at a 2% response rate - which is considered to be good - 98% of your mailing gets trashed. In my opinion, no matter how “successful” the campaign metrics, print direct mail is an incredible waste of time, energy, and resources.
The second great thing about PPC advertising is that your campaign results are available within days of the launch of your campaign. By contrast, direct mail advertising campaigns often take at least 3 months to close, and the first responses typically roll in 6 weeks after the mail date. Other forms of traditional marketing - print ads, TV and radio commercials - can be extremely expensive, yet, entirely unmeasurable. It is nearly impossible how many people viewed your glossy magazine ad, and how many of those people actually went out and bought your product.
With PPC, you can track all metrics from number of clicks to conversions in less than a week. Furthermore, based on your campaign statistics, you can tweak and adjust your bids, edit your text ads, and perform A/B split tests on ad creative and multivariate tests on your landing pages as often as you want, when you want - and see the results the following day. This is impossible with other forms of traditional media - not only will it prove to be very expensive, it will drive your designers and media vendors utterly crazy. And you won’t receive your results, if you are lucky, until the following quarter.
Understand PPC before you begin, or you will waste your money
Implementing a successful PPC campaign requires a certain level of skill and understanding, so read up about it before you begin. You will need to:
- set up your account correctly
- know how to select and price keywords
- know how to write compelling ad copy
- have at at least one landing page
- know how to perform ad testing and landing page tests
- be willing to monitor and tweak your campaign frequently
While PPC professionals will employ a number of arcane techniques and strategies, there are 4 main factors to PPC success that everyone should know. I will start with what I believe to be the most important:
1) Get Creative With Your PPC keywords, then Narrow it Down
Come up with a large, robust initial list of keywords and key phrases, and then narrow it down to the ones worth bidding on. To further fine-tune your targeting and avoid paying for clicks from people unlikely to buy your product, create a list of negative keywords - search terms where you don’t want your ad to appear. For example, if you are selling gourmet, organic, hand-crafted and fair-trade chocolate truffles, you will probably want to include the negative keywords “free”, “cheap”, and “discount” in your campaigns.
Also, if you have a limited budget, you may want to choose to display your ads only on the search network and turn the content network off. In general, content network ads tend to have a lower click through rate (CTR) than search ads. By showing your ads only to people actively searching for those keywords, you will get more bang for your PPC buck.
2) Put Your Keywords In Your PPC Ad Text
If your ad text is not relevant to the search term, chances are, no one will click on it. A low click through rate (CTR) can cause Google to render your ad inactive for that keyword, which will require you to increase your initial bid in order to enter the market.
Make sure your keyword is in the headline, and if not, at least in the description. The user’s search query will show up bolded on the SERP, so if your ad creative has matching keywords, these will appear more prominently as bolded text, and your ad will stand out more on the page.
3) Send PPC Traffic to a Relevant Landing Page
One of the most important factors to PPC success is driving targeted traffic to a landing page, NOT your homepage. Your landing page should be directly relevant to the ad that links to it. For example, if you have listed a text ad for “Sustainable Bamboo Cutting Boards”, be sure to send visitors to a landing page about eco-friendly bamboo cutting boards, and not bamboo products in general, or you will lose them.
Design your landing page to quickly take your visitors to product selection, purchase and check-out with a little clicks as possible. If you want them to sign up for something, make the form as simple and hassle-free as possible. Think of your landing page as funnel. Create no distractions, leave no option for escape.
If you are running a nonprofit, link your text ad a donation page, and not a general info page about your organization’s mission and vision. If you are raising money for your rainforest Adopt-An-Acre campaign, make sure your Adopt-a-Rainforest text ad takes the visitor to a landing page about this specific program, and not a page about a different conservation initiative, nor your general donation or membership page.
4) Test, Test and Test Some More
Finally, running a successful PPC program depends on your ability to track results and tweak your campaigns on a frequent basis. As the bidding landscape changes daily, you will need to monitor and adjust your strategies accordingly.
You will want to test ad creative and improve your ad creative. Google and Yahoo are set up so that split testing is easy. You will also want to test your landing pages and determine which variables - such as headline, main image, ad copy - attract more conversions. Google Optimizer allows you to easily perform multivariate testing on your landing pages.
Finally, running a successful PPC program depends on your ability to track results and tweak your campaigns on a frequent basis. As the bidding landscape changes daily, you will need to monitor and adjust your strategies accordingly.
You will want to test ad creative and improve your ad creative. Google and Yahoo are set up so that split testing is easy. You will also want to test your landing pages and determine which variables - such as headline, main image, ad copy - attract more conversions. Google Optimizer allows you to easily perform multivariate testing on your landing pages.
The fun part about developing your PPC strategies is testing “out of the box” ideas. For example, most of us who care about environmental conservation are keenly aware of how active the Bush Administration has been in dismantling existing environmental laws and undermining the nation’s overall environmental policy. The Bush Administration’s environmental track record is, for most conservation-minded individuals, a miserable failure.
Some of you might be familiar also with the Google bomb for the keywords “miserable failure” that linked to the biography of George W. Bush.
The last time I Googled “miserable failure” a text ad pop up that said, “Yes, We Think So, too”. Who was that ad from? The Natural Resources Defense Council.
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