My Buy Essay

Posts Tagged ‘pay per click advertising’

There are two major search engine marketing strategies in use today: SEO (search engine optimization) and PPC (pay-per-click). Both strategies are entirely different and it is tough to decide which one or which combination is right for you.

To decide which strategy is best for you, consider the basics. It is easier to judge the pros and cons when taking the big picture into account. People will continue to battle for the top search engine positions. Search engine marketing is undoubtedly one of the best sources of targeted traffic.

As people continuously try to find new and unique ways to get additional traffic to their web sites, the SEO industry continues to grow. PPC refers to advertising on a search engine that charges on a per click basis whenever a visitor clicks on one of your ads. The order of ads is usually based on bidding prices, meaning that the advertiser who bids the highest price per click will be listed first. These sponsored listings are known as PPC listings.

SEO tries to change your search engine ranking by looking at a number of factors including link popularity, Page Rank and so on. If your web site is search engine optimized then obviously you are more likely to have a good ranking in the search engines. A well-optimized and marketed site will be listed in the top results whenever a person searches for related keywords. One of the best benefits of SEO marketing is you don’t have to pay for any clicks! So, how can we decide which method is better? Both methods actually serve different purposes. However, one is likely to be a better fit for your business than the other one.

PPC

PPC traffic, rankings and results tend to be more stable and predictable than SEO, and, combined with its low cost, this makes PPC one of the more popular ways of advertising. Most companies try PPC before they try SEO, because it’s seen as more stable. In many cases PPC lets you rank well on the search engines, without having to do the tedious work involved in SEO &ndash no finding link partners, posting links, creating content and so on. As long as you have the budget for it, the ranking is yours. Another advantage is that the listing will get posted when you want it and not when the search engine gets around to it. With PPC’s popularity growing day by day, the market is also getting competitive. You will find that CPC’s (costs per clicks) are steadily rising, and for a common man it is getting tough to invest much. As with most auctions, the more people bidding on PPC, the higher the prices get.

SEO

The main benefit of SEO is that it does not cost per click. The disadvantages are that the traffic to your website is more unpredictable and requires a lot of work. With SEO, you have to adapt and constantly change strategies as search engines change their algorithms. SEO is also slower than PPC, as many search engines don’t list new sites. So what should you choose? Well, it depends on how much money you are willing to spend, what your time line is, and what your return on investment is. If you have cash then PPC should be your first choice, as it produces fast results. PPC can also be used for testing the effectiveness of web sites. If you have time and money to invest in long-term results, SEO is an excellent option as well.

All and all, the best marketing strategy is typically to go with PPC in the short term to get immediate traffic and analyze conversions. SEO should then be taken with a long term view in mind, so you can reap the benefits of free traffic later on.

The Pay for Performance or P4P was originally invented by Overture. Overture observed that the internet was growing into a unique kind of shopping mall, where people could shop conveniently and easily and that advertising was gaining grounds on the internet. But now, Overture has been taken over by Yahoo and hence popularly known as Yahoo.

A visible and popular website attracts more and more people. It provides ads in other sites that link to a particular site can direct potential consumers and customers to that site thus increasing traffic and sales in that website. Yahoo provides a service using which it is possible to show ads kept in their websites when people input certain keywords.

Using Yahoo services, any willing website can have their traffic increased by utilizing the same. When more and more people become aware of your site, the traffic to your website would automatically increase. This in turn would increase the chance of people viewing your pages and products. Even if a small fraction of those people actually buy your products; that would still mean a substantial figure for you and your company.

It is the goal of every internet based company to get a high volume of potential consumers to their website. To accomplish this, the companies try a handful of methods to make their website more and more popular and make the people all over know about the existence of their services.

Yahoo/Overture is very similar to Google’s Adwords. Both of them use the same principle in showing ads according to keyword or keyword phrase searches. Whenever someone types in a phrase or a keyword in their search engine, the result page shows the usual results and along with it, shows the ads matching the search criteria on the right side of the same page. These ads in turn link to the websites of the respective companies.

As an example, let us consider that you run a car parts retail/wholesale site and you have chosen for Yahoo/Overture services, choosing some keywords that can trigger your ad to be displayed. Then, if somebody searches for Honda Accord, your ad might show up if you have designated that as one of your keywords. Using this system, you don’t even need to optimize your website with Search Engine Optimization methods and techniques.

With some labor and work, you can make your site one of the high ranking sites per keyword search and you would have the chance of your site being displayed on the top of the list or at least, on the first page of a search result, thus increasing your chance of people clicking on your links. This is a fast way to have traffic and visitors to your website.

However, remember that this service is not free. There are different ways in which Yahoo/Overture might charge you. They could charge in the number of keywords or keyword phrases your as uses or in the number of times your ad gets clicked on. Similar services might offer other features like having your ad show up on some third party sites, besides showing it on the search result page. You should look out for those.

Some third party supports placing ads that have similar content to that of the site. The more sites your ads are shown, the more is the chance of getting visitors to your site, especially, if the site where your ad is shown is a popular website.

With the internet being the largest network and still growing and which has shrunken the whole world into a global village, with online businesses mushrooming, it is high time to start advertising and surge ahead in this rat race of getting visitors to your site. Yahoo/Overture is a great place to make a start. There are many who have used Yahoo/Overture and have had great success. It is a market strategy which will direct swarming traffic to your site and that in turn will boost your sales and result in profit.

Often it is seen that to make money, you require money. But by using services like Yahoo/Overture and other such types of low cost or free market strategies, it is often possible to get overwhelming results faster and on a big scale. Many of the online companies have learned this fact the hard way. Your company should, however, not be one of them.

I was referred to a prospective client recently that had their website redesigned. They paid $60,000 for a site that really does nothing for them. It is a simple brochure site that provides visitors nothing and it certainly does nothing to convert traffic into sales. Since all their budget went to design, they have no money left over to properly market the site. Mistake #1, don’t pay $60,000 for a branding exercise.

A corporate website is about supporting the business. The beauty of the Internet is there is no guessing. You can measure pretty much anything. What are you trying to accomplish? Increase traffic? Generate leads? Increase sales? If it is yes to one of these questions, then a $60,000 investment should get you another $600,00 to your bottom-line? Can a brochure site deliver a 80-95% ROI?

Web design is a commodity today. The cost of design should represent about 25% of your total spend. Design costs are competitive today, so spending more than you have to should be the last thing you do. There are excellent open source Content Management Systems (CMS) that give you the power to manage your own content. The cost of the software is $0 to you. We recommend using either Plone or Joomla. Both of these platforms provide you with Web 2.0 compliant back-end at low cost for setup and maintenance.

The value in web design is working with companies that can properly market what you do. To properly market the site, you should be spending 10-12x what you should spend in design. So, it is possible to get a Web 2.0 website at an affordable cost. If you are a small company that is spending $4,000-$8,000 on a basic website, you should plan over 12 months to spend an additional $30,000-$80,000 on marketing. The dollars spent on marketing brings the traffic to the site. Simple rule, more traffic through the front door means more business.

Unlike other advertising, you can control your spend and measure your ROI pretty quickly. You can turn your marketing dollars on and off depending on the performance, it is all measurable.

DeFabis Photography is an example of a client that went through the redesign process. We built a Search Engine Friendly website that allows him to manage content on the site. Prior to working with us, his website was not listed in the top 100 on Google for the popular keywords. Since working with us, his visitors and page views have increased. But most important, he has doubled his bookings from this time last year. And, he did not spend $60,000 on his web design.

If you need help in evaluating a prospective vendor, here are some question that may help you understand their knowledge:

1. How do capture visitor traffic off the Internet? Can you track their movement through my site? If so, how?

2. How do manage pay per click advertising dollars to ensure I am maximizing my spend and not wasting money?

3. How do you measure whether my site is friendly to my users?

4. How many page views would you estimate my site would get to determine the right level of hosting?

5. What things will you need to change on my website? What things can I change on my own?

6. If I want to change the look, does it require changes to the backend scripting on the site?

7. What will it take to add a new page to match an ad we are running to the new site? For instance, I want to advertise a special and build a page specific for it, what will it take for us to do this?

8. What do you anticipate the average cost per lead for the website to be?

9. Who owns the source code to the site?

So, think about your objectives. Think about what you want to accomplish and spend your money according to the results you want to achieve. A pretty website just does not generate the type of results you should and can get using the Internet. Don’t get mugged for $60,000. It’s bad for your business.

It never ceases to amaze me how often new webmasters set about their online business at the start without actually having clearly defined strategies on how to market and promote the website and the product.

Now this article is for internet marketing newbies, so the strategies for website promotion are fairly basic therefore experienced internet marketers are under no compulsion to proceed.

If you are a newbie, however, please pay attention as these website promotional strategies are what you will need to employ over and over again every time you have a new product to promote. Apply these basic techniques and the bedrock of success is laid for you.

Remember, no traffic, no sales.

Free listings in Search Engines: Everyone loves to get something for free. The same applies to free traffic.

Consider building a keyword list related to your product before you build your website. This way, you write your website content crafting in those keywords for which the site needs to be optimised. Don’t overdo it though as the search engines are becoming too smart and may think you are attempting to trick them. The more pages you have, the easier it is to have your site optimised for your chosen keywords.

Pay Per Click Advertising: Here the search engines list your site based on your bid for a particular keyword(s). Your position in the search listing strongly depends on how much you are prepared to pay for those keywords and the bidding price is also dependent on the popularity and competitiveness of your niche. This Pay Per Click (PPC) listings are the ones you see on the right side of your screen in the search results in, for instance, Google and Yahoo who now own Overture.

It’s always a good idea to know your website statistics especially conversion rates to determine how much you will be prepared to pay for those keywords &ndash what I call your bid price affordability. This way you don’t operate your PPC Campaign at a loss.

Know Your Numbers!

Ezine Advertising: You search for popular ezines (these are electronic magazines or newsletters) in Google or Yahoo by entering Keywords ‘ezines directory’.

Visit these directories and look out for ezines that fit your products and also the subscription base of those ezines. You then choose to place Solo ads, Sponsor ads or Classified ads on ezines of your choice at an agreed price. The choice of which type of Ad and what ezine(s) to place your Ad would depend on your personal preference and your budget as well.

Linking Your Website: You need to set out linking strategies that can boost your business in two ways. First is that the more links you have, the more the search engines will rank your site and consequently your position in the organic search engines. Secondly, you get traffic deservedly from your link partners website. I’m sure you will welcome targeted free traffic from any source.

Affiliate Marketing: Affiliate program are a great source of free traffic and income at no cost to your good self. Affiliates are business partners who sign up to sell your product for an agreed commission. You can make a fortune on the internet from a great product if you have tons of affiliates working for themselves and you. An affiliate software is necessary to track your affiliate sales, visitors. Don’t forget to provide your affiliate with marketing tools and training materials to assist them.

Offline Advertising: This is quite often ignored. Just because your business is online does not mean you cannot generate traffic offline. You will be surprised at how potent this weapon can be. Write Press Releases about your product, Product review etc and send it to editors of newspapers and magazine. The one I love most is what we refer to as web ad. Here you use classified ads in newspapers and magazines to drive traffic to your site.

These are basic strategies you must have mapped out before commencing work on your website. This way you can start marketing the very day your website goes live.

Always think marketing first.