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Tuesday, March 4, 2008

Making Paid Search More Effective

By Terry Stanfield

Paid search is a fantastic way to drive web traffic to our site from the major search engines. It can also suck our marketing budget dry in just a couple of days if not done properly. The bottom line is someone is going to profit by implementing paid search. The question is, is it going to be us or the search engines? The goal of the search engines is more clicks. The more people click on our ads the more money the search engines make. Their strategy is to get as many clicks as possible within our budget are willing to do that all day long. The real goal should be "fewer clicks, lower cost with more conversions". Let's take a few minutes to look at some strategies that should make a difference in our campaigns.

1. Do not use Content Network in Google when you first set up a campaign default setting is set "on". There are two things that you need to consider before turning on the content match. The first is: "The website that is hosting our ad gets paid every time someone clicks on the ad". Most click fraud happens is when an owner of a site clicks on these ads. The second is: "Individuals who click on these ads are most often, at the research end of the buying cycle. Limit those who click on your ads to those who are on the buying side of the cycle.

2. Search Terms. The more general the term, less qualified the lead and the more the cost. What I try to think about what terms are going to get my ideal customer to my site.

3. Keyword "types" There are three types of keywords "Broad", "Phrase" and "Exact". The rule of thumb that I use is: for single word phrases, use exact match and for search phrases that are two to three words, used "phrase matching". I am also experimenting with using "exact" matching for these terms as well. The more specific the search term is to what you are offering and who your ideal client is, the more qualified to lead will be. Better a small number of qualified leads than a large number of leads that waste your time and ultimately cost a lot more money.

4. Just a couple thoughts on writing copy for ads. When you write your ads put the following in your "headline" box: {keyword: "your main keyword}. This will put your keyword phrase into the headline. Your ad should be specific enough to attract only your ideal client (someone who is looking for exactly what you have to offer). Your ad should contain at least one of your "unique selling propositions". This can be very challenging because of the space limitations. Rule of thumb, find out what your competitors are doing and do something different. For example, if everyone is offering free shipping, use one of your other unique selling propositions.

5. Landing pages require a great deal of thought. Landing page have one purpus, answer the questions that are on the mind of the searcher, the reason for the search. He entered his search terms because he has a problem, needs a solution or is in some kind of "pain". You have about two seconds to convince him that you understand what he is going through and what he needs. You must show him that you possess the answers to his needs. Don't just send them to your home page unless your home page can accomplish the above. Once you connect with your searcher you must have a call to action. You must be very specific and clear about the next steps. Have your "phone number" or "contact us button" on every page.

6. The most important thing to remember are three words: tracking, tracking and tracking. Track everything. Paid search is not an exact science. It takes time to set up and optimized your campaigns to get the results that you are looking for. You must monitor your campaigns at least weekly in order to catch market changes. Google, Yahoo and MSN have free tracking tools that work great.

Paid search is a great marketing tool, if used correctly. It can also, as stated earlier; dry up your budget in a heartbeat. It is a lot cheaper to find someone who knows what they are doing and does this day in and day out to help you than it is to lose thousands of dollars trying to figure it out yourself.

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