Learn
how to flood your site with qualified buyers using the newest pay-per-click search
engine strategies and tools.
August 30, 2004
By
Cory Rudl
Pay-per-click (PPC) search engines
can be a powerful, instant source of qualified traffic for your website-provided
you do your homework and invest a bit of time in managing your campaign. In fact,
many website owners who've mastered keyword targeting and know the "insider"
bidding strategies tell me that more than 90 percent of their traffic comes straight
from the PPC search engines!
So I'm going to show you the strategies and tools
these folks are using-so you can duplicate their success. I'm going to explain
hot new targeting options and bid-management tools being offered by the PPC search
engines that you can use to increase your traffic while keeping bidding costs
low.
A lot of people think the only way to develop
a successful pay-per-click campaign is to get the highest ranking with a popular
keyword in the top two PPC search engines, Overture and Google AdWords.
Now
it's true that a top-ranked ad with either of these two industry giants will guarantee
your site a lot of exposure-as long as you're bidding on keywords that a substantial
number of people are searching for. The problem is, you often have to pay more
for these No. 1 spots. And in the case of the more competitive keywords, this
can means bids of $1.50 to $5.00 (or more!) per click.
If you want to be
successful with the PPC search engines, you need to bid on keywords that attract
clicks from "qualified" buyers (as opposed to "tire kickers"
who'll drive your costs up) while keeping your bids as low as possible.
Here
are seven tips that will help you accomplish that:
1.
Figure out what you can afford to bid. This might sound
obvious, but it needs to be said: Don't bid more than you can afford! A lot of
businesses make this mistake.
Before you pay for advertising of any sort,
calculate the value of a single visitor to your site. Once you know what one visitor
is worth, you'll know the maximum amount you can afford to pay per click.
2.
Being "No. 1" isn't always best. You don't
always need to be ranked No. 1 for certain keywords to attract visitors. Sure,
it helps if your ad appears in the top 10 results. But people click on listings
featured on the second and even third page of results for competitive keywords.
So
run some tests. Vary your bids so that your listing appears higher and lower on
the page and see what effect the ranking has on your profits. You may actually
find that for more costly keywords, a slightly lower ranking is more profitable.
3.
Bid on low-cost variations and common misspellings of particular keywords.
Frequently, you'll see businesses bidding as much as $5.00 per click for popular
keywords-while nobody is bidding on common misspellings and similar keywords that
cost just pennies per click. Use Wordtracker
to locate keywords that relate to your business and are frequently searched by
your market, but that none of your competitors are bidding on.
4.
Bid on highly targeted phrases with less traffic. Rather
than bid on a handful of "general" keywords, which tend to be more expensive
because they get the highest number of searches, bid on dozens-or even hundreds-of
highly "targeted" keywords, which tend to be cheap. For example, instead
of bidding on "pet supplies," you might bid on "red dog leash,"
"oversize dog kennel," and "cat toys with bells." You're sure
to see better sales conversions on the more targeted keywords because they attract
more qualified buyers. And since no one is bidding on these keywords, your advertising
costs associated with this traffic are extremely low.
Another benefit of
this strategy is that you can direct these qualified visitors to a page that gives
them exactly what they're looking for. In the above example, your listing for
the keyword, "oversize dog kennel" could link directly to your dog kennel
catalog page, rather than to just the home page of your pet supply store.
5.
Bid on keywords in the lesser-known PPC search engines.
Overture and Google are the PPC industry leaders, but some of the smaller PPC
search engines are worth checking out as well. The most popular ones are:
 | Find
what |
 | Kanoodle |
 | Enhance
Interactive |
 | LookSmart
|
 | Espotting
(for the UK & Europe) |
These engines won't get you the
same exposure you might get with Overture and Google AdWords, but you can still
generate a respectable amount of traffic with them. And best of all, they're much
cheaper.
6. Create separate ads for each product
or service you sell. This is an extremely effective strategy, but very
few businesses are using it: Write ads specific to each keyword and phrase you
bid on. For example, instead of writing an ad for "sporting goods,"
write one for "quality leather soccer balls," another for "discount
ladies' tennis shoes," and so on.
These customized ads will attract
more attention (and clicks!) from qualified buyers. And of course, you'll be able
to convert more of these visitors to buyers if you direct them to a page on your
site with the exact product or service they're searching for.
7.
Get listed in relevant specialty PPC search engines. Did you know that
there are specialty PPC search engines that target different markets such as brides,
pet owners, antique collectors, car owners and so on?
Check out PayPerClickSearchEngines.com
to see if there are any relevant to your business that might be worth getting
listed in.
Targeting Your Campaigns
PPC
search engines are constantly looking for new ways to improve their services-and
your results. After all, they want you to keep purchasing advertising from them
and not their competitors.
Here's an overview of some great tools they're
offering to help you better target your ads and keep your campaign costs down:
1.
Keyword Matching Options (offered by Overture and Google AdWords). Both
of these search engines offer options that allow you to fine-tune the way your
keyword is matched to the phrases people type into their engines. Their options
differ slightly, but here's a rough breakdown:
Exact match. A listing is triggered by the exact keyword phrase and nothing else.
Example: "fishing rods" will match "fishing rods" but not
"fancy fishing rods."
Phrase match. A listing is triggered by the keyword phrase as it's written, though
it might be included with other terms as well. Example: "fishing rods"
will match "antique fishing rods and reels" but not "rods fishing."
Broad match. A listing
is triggered by the keyword phrase or slight variations of it, even if the words
are out of order or separated by other words. Example: "fishing rods"
will match "Rod's Alaskan Fishing Adventure" and possibly even "Rod's
Fish & Chips." Warning: The broad match option can work well for highly
specific queries, such as brand names or serial numbers, but can result in a lot
of poorly targeted click-throughs for general terms, especially terms that have
more than one meaning, such as "dolly," "tackle" or "nails."
Negative match. When
words identified as "negatives" are typed into the search engine along
with the keyword phrase, the listing will not appear. Example: "fishing rods
- cheap" will match "fishing rods and tackle" but not "cheap
fishing rods."
2. Contextual Targeting (offered
by Overture, Google AdWords, Kanoodle and Enhance Interactive). Contextual
targeting places your PPC listing on websites where the content somehow relates
to your ad. Obviously, this can be a great way to increase the exposure of your
ad.
If you decide to try contextual targeting, however, be sure to monitor
where your ads are being placed because the effectiveness of contextual targeting
can vary widely. Your ads may end up featured on websites that have little to
do with your advertisement-and therefore attract unqualified click-throughs.
For
example, a recent USnews.com article about starting a business had a series of
"Hermosa Beach Vacation" Google Ads listed beside it-because the first
person interviewed in the story happened to live in Hermosa Beach! These wasted
clicks can quickly drain your bank account if you aren't careful.
3.
Geotargeting (offered by Overture and Google AdWords). Geotargeting allows
you to choose which countries or geographic regions your ads appear in. This feature
is best suited for businesses that offer local services or products that are useful
only in specific regions.
For example, if you're a landscaper who lives in
Washington state, you probably don't want to pay for click-throughs from out-of-area
visitors. After all, Texas-area residents aren't likely to request your services.
4.
Day Parting (offered by Kanoodle). Right now, Kanoodle is the only search
engine we know that offers this option. "Day parting" allows you to
choose the time of day your ads will appear in different regions, so they're only
available during "prime viewing times."
For example, if your market
testing shows that most people click on your ads to make a purchase in the early
evening, you can make sure your ads appear only at that time in the different
regions where your potential customers live.
5. Keyword
Research Tools (offered by Overture, Google AdWords, FindWhat, Kanoodle, LookSmart
and Enhance Interactive). The most popular keyword phrases are always the
most expensive. Keyword research tools help you find common variations and misspellings
of the more popular keywords so you can keep costs down while still generating
traffic.
More sophisticated keyword research tools let you see how much you
need to bid to achieve a particular ranking (for example, the No. 1 spot, the
No. 7 spot and so on) prior to finalizing your bid. They may also provide you
with traffic estimates for the different keywords and phrases you bid on.
6.
Multiple Ads for the Same Keyword (offered by Google AdWords). Google AdWords
allows you to "split test" different ads for the same keyword so you
can see which ad attracts the most paying customers. This can save you a lot of
time, and enables you to make sure your ads will yield the highest possible return
on your investment.
7. "Autobid" Software
(offered by Overture, Google AdWords, FindWhat, Kanoodle, LookSmart and Enhance
Interactive). Autobid software is a bid management program that tracks
the bidding activity on your different keywords and automatically adjusts your
bidding amount so you can maintain your ranking. The more sophisticated bid management
programs allow you to "cap" your bids so you never spend more than you
want.
They also eliminate "bid gaps" that occur when the bidder below
your listing drops their bid-your bid is automatically reduced so you maintain
your position without spending more per click than necessary.
Final
Thoughts
If you haven't tried a PPC search engine campaign yet,
I'd recommend doing it soon. There are still tons of cheap, targeted keywords
waiting for your bids-but they may not be around much longer. More and more online
businesses are realizing that-done right-a PPC campaign can be a fabulous source
of cheap, instant, highly qualified traffic.
The best advice I can give you
is this:
Bid on lots of
cheap, targeted keywords and phrases, including misspellings, and avoid the expensive
general words that everyone is bidding on.
Never bid more per click than what a single visitor is worth to your site-it's
the best way to make sure your ads remain profitable.
Get listed in the "other" PPC search engines. You may be able to bid
on popular terms you can't afford in Overture and Google AdWords.
Whenever possible, get ranked in the top 3 listings in Overture and Google AdWords.
These ads appear on an extensive network of sites (including Yahoo!, MSN, AltaVista,
Excite and more) and can reach up to 80 percent of all active internet users,
so you get more bang for your buck.
Target your ads as much as possible. Write "custom" ads for each keyword
and use the various bid management and targeting tools offered by the different
PPC search engines to reduce your costs and increase your clicks.
Design your landing pages so they convert qualified visitors to buyers. If your
ads promise "cat toys with bells," make sure they actually direct visitors
to a page where it's easy for them to buy these items.
Targeting
Your Campaigns
PPC search engines are constantly looking for new
ways to improve their services-and your results. After all, they want you to keep
purchasing advertising from them and not their competitors.
Here's an
overview of some great tools they're offering to help you better target your ads
and keep your campaign costs down:
1. Keyword Matching
Options (offered by Overture and Google AdWords). Both of these search
engines offer options that allow you to fine-tune the way your keyword is matched
to the phrases people type into their engines. Their options differ slightly,
but here's a rough breakdown:
Exact match. A listing is triggered by the exact keyword phrase and nothing else.
Example: "fishing rods" will match "fishing rods" but not
"fancy fishing rods."
Phrase match. A listing is triggered by the keyword phrase as it's written, though
it might be included with other terms as well. Example: "fishing rods"
will match "antique fishing rods and reels" but not "rods fishing."
Broad match. A listing
is triggered by the keyword phrase or slight variations of it, even if the words
are out of order or separated by other words. Example: "fishing rods"
will match "Rod's Alaskan Fishing Adventure" and possibly even "Rod's
Fish & Chips." Warning: The broad match option can work well for highly
specific queries, such as brand names or serial numbers, but can result in a lot
of poorly targeted click-throughs for general terms, especially terms that have
more than one meaning, such as "dolly," "tackle" or "nails."
Negative match. When
words identified as "negatives" are typed into the search engine along
with the keyword phrase, the listing will not appear. Example: "fishing rods
- cheap" will match "fishing rods and tackle" but not "cheap
fishing rods."
2. Contextual Targeting (offered
by Overture, Google AdWords, Kanoodle and Enhance Interactive). Contextual
targeting places your PPC listing on websites where the content somehow relates
to your ad. Obviously, this can be a great way to increase the exposure of your
ad.
If you decide to try contextual targeting, however, be sure to monitor
where your ads are being placed because the effectiveness of contextual targeting
can vary widely. Your ads may end up featured on websites that have little to
do with your advertisement-and therefore attract unqualified click-throughs.
For
example, a recent USnews.com article about starting a business had a series of
"Hermosa Beach Vacation" Google Ads listed beside it-because the first
person interviewed in the story happened to live in Hermosa Beach! These wasted
clicks can quickly drain your bank account if you aren't careful.
3.
Geotargeting (offered by Overture and Google AdWords).
Geotargeting allows you to choose which countries or geographic regions
your ads appear in. This feature is best suited for businesses that offer local
services or products that are useful only in specific regions.
For example,
if you're a landscaper who lives in Washington state, you probably don't want
to pay for click-throughs from out-of-area visitors. After all, Texas-area residents
aren't likely to request your services.
4. Day Parting
(offered by Kanoodle). Right now, Kanoodle is the only search engine we
know that offers this option. "Day parting" allows you to choose the
time of day your ads will appear in different regions, so they're only available
during "prime viewing times."
For example, if your market testing
shows that most people click on your ads to make a purchase in the early evening,
you can make sure your ads appear only at that time in the different regions where
your potential customers live.
5. Keyword Research
Tools (offered by Overture, Google AdWords, FindWhat, Kanoodle, LookSmart and
Enhance Interactive). The most popular keyword phrases are always the most
expensive. Keyword research tools help you find common variations and misspellings
of the more popular keywords so you can keep costs down while still generating
traffic.
More sophisticated keyword research tools let you see how much you
need to bid to achieve a particular ranking (for example, the No. 1 spot, the
No. 7 spot and so on) prior to finalizing your bid. They may also provide you
with traffic estimates for the different keywords and phrases you bid on.
6.
Multiple Ads for the Same Keyword (offered by Google AdWords). Google AdWords
allows you to "split test" different ads for the same keyword so you
can see which ad attracts the most paying customers. This can save you a lot of
time, and enables you to make sure your ads will yield the highest possible return
on your investment.
7. "Autobid" Software
(offered by Overture, Google AdWords, FindWhat, Kanoodle, LookSmart and Enhance
Interactive). Autobid software is a bid management program that tracks
the bidding activity on your different keywords and automatically adjusts your
bidding amount so you can maintain your ranking. The more sophisticated bid management
programs allow you to "cap" your bids so you never spend more than you
want.
They also eliminate "bid gaps" that occur when the bidder below
your listing drops their bid-your bid is automatically reduced so you maintain
your position without spending more per click than necessary.
Final
Thoughts
If you haven't tried a PPC search engine campaign yet,
I'd recommend doing it soon. There are still tons of cheap, targeted keywords
waiting for your bids-but they may not be around much longer. More and more online
businesses are realizing that-done right-a PPC campaign can be a fabulous source
of cheap, instant, highly qualified traffic.
The best advice I can give
you is this:
Bid on lots
of cheap, targeted keywords and phrases, including misspellings, and avoid the
expensive general words that everyone is bidding on.
Never bid more per click than what a single visitor is worth to your site-it's
the best way to make sure your ads remain profitable.
Get listed in the "other" PPC search engines. You may be able to bid
on popular terms you can't afford in Overture and Google AdWords.
Whenever possible, get ranked in the top 3 listings in Overture and Google AdWords.
These ads appear on an extensive network of sites (including Yahoo!, MSN, AltaVista,
Excite and more) and can reach up to 80 percent of all active internet users,
so you get more bang for your buck.
Target your ads as much as possible. Write "custom" ads for each keyword
and use the various bid management and targeting tools offered by the different
PPC search engines to reduce your costs and increase your clicks.
Design your landing pages so they convert qualified visitors to buyers. If your
ads promise "cat toys with bells," make sure they actually direct visitors
to a page where it's easy for them to buy these items.