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DIY PPC
The name of the game when managing a Pay Per Click (PPC) advertising
campaign is ROI, or Return On Investment. If you can work out
a system for accurately tracking sales, newsletter sign-ups,
or whatever your "goal" is for your visitors (known
collectively as "conversions") compared to the number
of clicks you're paying for, you've won half the battle toward
effectively managing your own PPC campaign. The other primary
components of effective Pay Per Click management are choosing
the right keywords and phrases to "bid" on, and writing
the ad copy for the actual PPC ads themselves.
Most Pay Per Click advertising systems have built-in tools
for researching key words. It is in their best interests to keep
their advertisers happy, which means they will try to give you
the tools you need to select the best words for your campaign.
What you want to find are relevant phrases and words that have
a good balance between number of searches and affordable bids.
Often a longer, more specific phrase will bring a better conversion
rate at a lower price, because the customers searching for that
phrase already have a very good idea what they want, while the
more generic phrases and single word searches can attract a larger
percentage of people who are still window shopping and doing
research.
Writing optimal ad copy for a PPC ad is the subject of never-ending
discussion and debate, even among professional Pay Per Click
management specialists. Depending on what goal you are trying
to achieve, your best advertising copy could range from a simple
"Buy [Keyword] Here!" to a more information-oriented
"Latest [Keyword] News in our newsletter" or something
else entirely. If you want to really properly manage your own
PPC campaign, you will probably want to comparison test different
key phrases, and analyse how many clicks each one garners compared
to the conversion rate for each different ad ... which brings
us to the biggest part of good Pay Per Click management: conversion
tracking.
To really determine the effectiveness of your PPC campaign,
you need to be able to track how many of your visitors come from
the PPC ad, along with how many of that subset of visitors actually
follow through with your desired action once they're at your
site. There are various ways of doing this, including: a) directing
clicks from each ad to a different landing page on your site,
then tracking conversions from each landing page (probably the
best 'low-tech' solution), or b) using a special 'tag' at the
end of the URL used in each ad, ie. www.mysite.com/page.htm?ad1,
../?ad2, etc., then using your site statistics software to track
each referrer (easier than option a. if you're familiar with
tracking visitors that way).
Whichever conversion tracking method you choose, you can then
see what ad copy and keyword bids attract the most visitors,
as well as which ads bring the most conversions! However, diligently
tracking all this information can be daunting, especially if
you are making a large number of keyword bids on more than one
PPC ad network. Many people choose to either hire an outside
firm to manage their PPC advertising, or (given the financial
resources) hire a dedicated employee to handle tracking their
campaigns.
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