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Paid Search Engine Marketing Pricing
Deciding to add a paid search engine campaign to your online marketing plan is one of the fastest ways to get found online. The world of pay per click advertising can seem confusing and overwhelming. From different plans, to the process of bidding, some online business owners quickly fall into a money drain simply because they do not have the time or knowledge to properly plan and execute a Paid Search Marketing plan. Understanding how paid campaigns work, the different options available and even paid search engine marketing pricing can help you put together a campaign that will be successful and profitable.
PPC advertising is one of the most effective methods of ‘paid’ marketing available. Based on keywords, the business owner bids on placement of their ad. When a visitor clicks through to their site, a predetermined fee is charged. This system, when utilized and managed correctly can bring hundreds of new visitors to a site. Unfortunately, when poorly managed it can do little more than cost the advertiser money. What is unique about this system is the concept of bidding. Under PPC, multiple ...
... advertisers can bid on a set of keywords †the highest bid gets the slot. The trick is finding the best and least expensive keyword for your product; this may not be the same keyword for both “best†and “least expensive†unfortunately. However, there are several websites that can help you determine which keywords to choose and even what the average bid is. Websites like Wordtracker and Spyfu offer you the ability to compare keywords on a variety of fronts. Average number of searchers, similar keywords and average bid data can help you determine the most cost effective keywords to use in your campaign. For example, if you are promoting a diet pill, you will quickly discover that while the keyword ‘diet pill’ gets over a million ‘hits’ per month †but the average bid for a PPC campaign based on this keyword is over $6.00. There are other, related keywords that have a lower average bid. They also have a lower average number of hits. Something more specific, like ‘Acai Green Tea Diet Supplement’ will cost less, and bring traffic that’s ready to purchase.
PPC is really a delicate balancing act. Choosing between average number of hits and average bid pricing is often a difficult choice and there really is no ‘right’ answer, at least at first. By selecting the higher volume, higher priced ad, you may get more clicks and pay more money. Most of these clicks will not result in conversions. Many online business owners find they have greater success with more unique keywords. They may not see as many hits on their site, but a greater percentage of the hits they do receive convert.
This is why keyword research and continual testing of ad copy, ad groups, landing pages are all essential at developing a winning combination of pricing, sales and ROI.
Hire a Professional Internet Marketing Company and pay them the management fee; the cost of the fee will be more than justified by the dollars saved by not wasting money on poor PPC decisions.
There are other methods of advertising. Banner ads are making resurging on the Google Content Network. Paid search engine marketing pricing for these ads varies on where the banner is placed. Once thought of as little more than an annoyance, many of today’s consumers are using banner ads to direct themselves where they want to go.
Paid marketing can be an excellent way to increase your visibility and conversion rates. Understanding the fluid nature of paid search engine marketing pricing can help you develop an adequate budget for your plan.
Contact us today to discuss your internet marketing objectives, we can help. You can call us at 1-800-736-9618.
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