Newsflash

by Qed media Group

 As a business owner I am sure you are always looking for new ways to get the word out about your business, products or services. You are probably also looking to do it in such a way where you can increase sales, yet decrease the cost of advertising. You are not alone.

Every business owner, us included, are always looking for new and creative ways to get what you are offering in front of or in the ears of potential customers. It goes without saying that the less you spend on advertising and at the same time you increase sales, your profit margin will also increase.

Common sense right? Absolutely! So how can we accomplish this? The answer is simple, homework, homework, homework. Now you are probably sitting there wondering what the heck is Bruce talking about. Homework? What does that mean? Well let me tell you.

When I say homework, what I mean is you need to do your homework. In other words spend as much time before you put your advertising campaign together, preparing for who exactly you are advertising for.

You are probably still scratching your head, not sure what I am talking about and that is fine. By the time this article is done, a light bulb will go off in your head, and you will say "ah ha", I know what he means.

We have all gone through school at some point in our lives, and if you haven`t, wow you must be incredibly intelligent to navigate the Internet without any prior instruction. What I am trying to say is, in school the teacher loaded you up on homework. They weren`t doing it to punish you or your classmates, what they were doing is preparing you.

Lets take for instance, math. You are learning your addition and subtraction, multiplication and division. Did your teacher throw you directly into a test after a day of teaching it? No of course not. That would be ludicrous and ridiculous. What they did was give you homework each night on the topic with some problems to figure out on your own. Each night you received new problems, until finally you were so good at it, you took a test and of course passed.

The same concept can be used in advertising. In order to cut your advertising costs, you need to do your homework. So many times I have seen businesses run newspaper ads just because people buy newspapers. However, do the customers you are trying to reach, read the section of the newspaper you just put your ad in? This is where your homework comes in.

A friend of mine runs a business where he does nothing but repair rental properties. Would it make any sense for him to pass out flyers in a neighborhood of million dollar homes? Maybe, since many millionaires own rentals, however its not practical. He needed to go to where the rentals are and do his homework. He researched properties that he knew were rentals, obtained the owner information and then sent them a postcard, flyer etc., letting them know about his business. In other words he did his homework.

As you can see 100% of his advertising is getting in front of people he knew could be customers. He wasn`t blindly shooting in the dark, so to speak. You need to do the same. Find out who is perfect for the products or services you offer and then do the necessary homework so that every penny on advertising you spend, gets in front of potential customers.

Remember it is not about getting in front of the most people. It is about getting in front of the most people that are right for your business, products or services, to maximize your advertising dollars.

 

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Home arrow News arrow Latest arrow PPC Advertising - How To Make Your Business Click
PPC Advertising - How To Make Your Business Click PDF Print E-mail
Written by Administrator   
Wednesday, 07 July 2004

 Qed Media Group

 Have you ever wondered if what you know about a topic is entirely accurate? Consider the following paragraphs and compare it with what you know about the subject of.....

PPC ADVERTISING: HOW TO MAKE YOUR BUSINESS "CLICK"

PPC stands for Pay Per Click - a popular advertising technique on the Internet. Found on websites, advertising networks, and especially on search engines, PPC advertising involves sponsored links that are typically in the form of text ads. These are usually placed close to search results, where an advertiser pays a particular amount to visitors who click on these links or banners and land on the advertiser's web page.

In essence, PPC advertising is all about bidding for the top or leading position on search engine results and listings. Advertisers do this by buying or bidding on keyword phrases that are relevant to their products or services - the higher the bid, the higher the spot on the search results, the more the people will find the ad (and click on it) to go to their websites (this is why some people call it "keyword auctioning"). Advertisers would then pay the bidding price every time a visitor clicks through the website.

PPC advertising is also known by the following names/variations:

Pay per placement Pay per performance Pay per ranking Pay per position Cost per click (CPC)

PPC advertising is usually accomplished with the following standard procedures:

1. Setting up an account and/or depositing funds.

2. Creating a keyword list.

3. Choosing (and setting up) an account with a PPC search engine.

4. Bidding on the ad placement, including the search result words or phrases.

5. Writing out ad copy.

6. Setting up the 'landing pages' for your ads.

7. Placing the advertisement in the search engine.

There are many benefits to Pay Per Click advertising, making it an effective way of promoting a business 'online'. Some of them are listed below:

Get launched immediately. PPC advertisements are implemented very quickly - they can go 'online' within an hour or less of winning the bid and paying for it.

Obtain specific, pre-qualified, and quality traffic. PPC provides you with a quality or a well-targeted traffic. Visitors are narrowed down into 'qualified' people who are actually looking for specific products and/or services that you offer - those who are more likely to become a 'lead' (a convert) and complete a transaction (either by buying your product or subscribing to the service that you are offering.

Widen your reach. PPC advertising provides additional traffic to your site, aside from the natural or "organic" search engines.

Track your investment. PPC advertising makes use of a tracking system that will determine exactly who comes to the website and what they do once they arrive - the length of their stay on the site and the number of pages (including the actual pages) that they view. These are valuable tools in determining statistics such as return on investment (ROI), acquisition cost-per-visitor, and conversion rates (the percentage of visitors who are converted into customers or leads).

Below are some important things to consider when planning a pay per click campaign:

1. Know your product. Take an inventory of the product and/or services that you have to offer (before anything else).

2. Stay within the budget. Determine your daily or monthly budget; and stay with it. This means keeping your budget in mind, avoiding bidding wars if possible.

3. Bid just right. Know how to bid right - a bid that is too high can exhaust all of your money, while a bid that is too low can make you lose that spot.

4. Watch the bottom line. Measure your profit margin against your spending or expenses. Know when to stop and terminate your PPC program - if you spend more on advertising but have little or no sales at all.

5. Find the right keywords. Decide which keyword phrases to opt and bid for. Do some keyword research, either by actually looking at existing search terms or with the use of online keyword suggestion tools, to know which terms are mostly used when searching for items that are related to your business. Focus on specific keywords, not on general ones.

6. Write effective ads. A good PPC ad is that which can persuade and move a searcher. There are several approaches to this:

Discount offers Testimonials

Celebrity/famous endorsers Money-back guarantees Free trials or sample offers Freebies Reverse psychology Major benefits ("Lose weight") Direct instructions ("Click here")

7. Maintain a professional-looking site. Your web content should be regularly updated and checked for spelling and grammatical errors. There should be no broken links or images. The website should be simple - designed in such a way that it will be easy for visitors to navigate and load. Include contact details to create a good impression among potential customers.

Done properly, PPC advertising can be an effective marketing tool that will maximize the return on your investment. Be aware however that for the inexperienced, mistakes can be costly. There are numerous PPC advertising services to choose from and they all operate in slightly different ways.

If you would like to try a PPC campaign without any financial risks, you can often take advantage of offers from PPC companies who will give you a small amount of free usage to test the waters. More information is available at our marketing blog.

Maurice Snell is an internet marketer living in the Cayman Islands and webmaster of several sites under the banner of TheCaymanHost.

Last Updated ( Saturday, 05 January 2008 )
 
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