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Article: Pay-Per-Click Strategies
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Considerations in choosing to take part in Pay-per-click strategies:

  • Review competitors' ads running on your company's keywords
  • Analyze the missed business opportunity in terms of expected revenue from paid listings
  • Research statistics on search engine advertising effectiveness from well-known resources
  • If applicable, show how your company's affiliates are already savvy in this area, or are causing profit loss by bidding against your company for the same keywords
   
   
 

Cost-per-order goals
Harrison Magun, managing director of eonMedia, strongly recommended that businesses look at a set of statistical assumptions about the company while setting up the pay-per-click budget. He recommends that you look at the cost-per-order goals when setting your budget, not on spending more money for top positions. This, according to Magun, is the better way to decide what your budget is per sale rather than on positions. Base it on performance in terms of sales.

Value in Low-volume Keyphrases
Kevin Lee, CEO of Did-it.com, urges businesses not to overlook low-volume keyphrases. He says they can create impressive return because they are useful to consumers who are about to buy. When you utilize a group of low-volume keyphrases, Lee said that they can add an extra 5%-20% improvement to your pay-per-click campaign.

Bidding against yourself
If you are managing the pay-per-click campaign for a larger company, be careful that varying divisions are not bidding against each other in their search engine strategies. Organize your efforts to avoid unwanted overlap and unintentional competition within a company. One way to organize is to keep a company-wide database of keyphrases. Varying departments and business units would be assigned first right to certain keyphrases and that assignment is recorded in the database. Once a department claims a keyphrase, they are required to plan and implement a pay-per-click strategy for utilizing it for successful marketing. The problem of competing within a company for the same keyphrases is eliminated.

Summary
Generally companies do know how to value what they are selling. Accordingly, set a planned, reasonable pay-per-click budget based on expected return. With that, businesses can watch the success of their plan and alter the plan as needed to become more successful with their investment. Planning and allowing for pay-per-click based on cost per sale planning enables your strategy rather than becoming an obstacle to this marketing tool.

source: http://searchenginewatch.com/searchday/article.php/3359901

 
 

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