How to Skyrocket Your Paid Search
Profits
By Kevin Gold
Faced with a mediocre or worse performing paid search campaign and the
pressure to allocate resources elsewhere, many businesses choose to drop
their paid search or scale back their budgets � leaving ripe buyers waiting
to be harvested by their competitors.
If you face paid search challenges, before you decide to drop or scale
it back, try these proven strategies to skyrocket your profits.
A. Get �Down and Dirty� with Keyword-Level Tracking
Track your paid search campaign at the keyword-level. To manage an effective
paid search campaign, you must know your �per click� results from the money
you have spent.
For example, if you have 1,000 keywords active in your paid search campaign
and you spend a total of $3,000 a month � do you know which of the 1,000
keywords generated your sales?
What if 80% of your sales came from 20% of your keywords? Moreover,
what if this 20% accounted for just a small percentage of your $3,000 monthly
cost?
Without keyword-level tracking you will not be able to make financially
beneficial assessments. Time-tested experience shows that the 80/20 rule
applies to pay-per-click marketing.
WARNING: Beware of Matching Options!
Although matching options (i.e. broad, advanced, exact, phrase and so
on) offered by Google Adwords, Overture and other paid search engines provide
�convenience� they unfortunately skew your keyword performance results.
If you setup a �broad-match� for the keyword �real estate�, you will
attract visitors who have entered any possible variation of the term �real
estate� including geographically specific �real estate� keywords like �Arizona
real estate� that may have absolutely no relevance to your product or service.
Although it takes more time to add exact (or standard) keywords to your
paid search campaigns, you will reap significant rewards and a quick payback
from the profits generated through understanding your individual keyword
performance.
B. Developing Custom Landing Pages
I have written a great deal about landing pages lately. Why? Because
they generate profitable results through converting paid search visitors
into customers.
Paid search marketing is unique compared to natural search. In part
because you have the convenience to select specific keywords, write specific
ads and direct the click-through to a specific web page (a.k.a. landing
page). This �connect-the-dots� process creates the need for consistency
among a visitor�s expectation from the keyword they enter to the ad that
draws their attention and down to the web page, they �land-on�. Relevancy
and consistency are essential for an effective paid search campaign.
When I review a marketing plan and its associated strategies with clients,
they often laugh because I get passionate about the power of landing pages.
I get passionate because they work so well at generating leads and sales
that I can't believe everyone is not using them!
So what are landing pages? A "landing page" is a custom web page developed
exclusively for a paid search campaign. It is highly keyword relevant (so
you may have multiple landing pages tied to different sets of keyword themes)
and they focus a visitor's attention on one call-to-action (e.g. requesting
a visitor to take immediate action). The sales copy (content) on a landing
page connects the visitor with the paid search ad and keyword they searched
for and clicked from.
The copy is strongly benefit-oriented (e.g. communicates the value the
visitor will receive from your product or service). A landing page's layout
and graphics relate and support the keyword and paid ad.
For instance, if a visitor clicks on your paid search ad for the keyword
"website conversion" in Google and arrives at your landing page, the landing
page will clearly communicate "website conversion", how website conversion
will benefit them and presents a call-to-action like a contact form for
them to complete.
It may also contain a "secondary call-to-action" which could offer a
lower commitment action like an email opt-in in case a visitor is not ready
for a higher commitment action (e.g. request a phone call) yet still wants
to begin a relationship with the business. Testimonials, case studies,
and graphics all support the benefit and value of "website conversion".
In essence, the whole visitor "experience" created by the landing page
is "website conversion" and its value to the visitor.
For example, if a visitor expects to find "real estate book" as demonstrated
by their keyword search, your landing page should present a "real estate
book", (relevancy), offer a consistent message with the paid ad that attracted
the visitor to click-through (consistency) and communicate your product
or service benefits to fit the visitor's needs (connection). If you get
these three right (assuming that you have a quality product and a fair
market price point) on your landing page, your leads or sales will skyrocket
while your costs drop.
One of the reportedly major reasons why paid search campaigns fail is
because businesses direct all of their click-throughs to their home page.
Since most businesses� home pages are designed to serve mutliple audiences
(i.e. media relations, investors, current clients, potential prospects,
customer services, etc.) they do not provide the level of relevancy and
consistency expected from a visitor.
C. Luring Buyer Intentions with Keyword Selection
Keyword selection is important. The keywords you select provide access
to �pools� of visitors at different stages in their buying cycle. By selecting
the right keywords for your products or services, you can open a completely
new market of ready-to-buy visitors.
You see - results from advertising occur through relevancy, connection
and consistency. In search whether paid or natural, the visitor (search
user) drives the process. By entering a keyword into a search engine, the
visitor is telling you what they want to find. From a marketers' perspective
- this is a dream come true! A potential buyer telling you what they "expect"
to find on your website and what they are considering for purchase.
So when selecting keywords, make sure you thoroughly canvass your marketplace
using strategies such as:
� Your competitors� websites
� Your website�s copy
� 3rd party tools- (e.g. � Overture�s Keyword Suggestion Tool)
� Website metrics (find �natural search engine� keyword phrases)
� Search engines like AskJeeves (suggest keyword variations)
Most importantly, �THINK� but never �ASSUME� about which keywords your
potential customers may use to find your products or services. Never give
up searching for new keywords to setup and test. Both seasonal and even
weekday keyword performance fluctuations should be analyzed and studied
in addition to potential associations people make to find your products
and services.
D. Performance-driven Bid Strategies
All paid search engines possess bidding nuances. However, for the two
largest, Google Adwords and Yahoo! Search Marketing, do not get locked
into the top bid position. Test how each keyword performs against your
website�s sales or lead conversion metrics up to the seventh bid position.
Depending on your product or service, you may be amazed how bid position
six attracts less click-throughs but produces higher sales or lead conversions
on your website. Test, test and test � the outcome may mean lower costs
and higher sales conversions for you.
E. Writing Negatively-Qualifying and Appealing Ads
Finally, always test different ads by interchanging words in the title
and description. For Google Adwords, try split-testing two different titles
and descriptions and add a unique tracking code to each one so you can
identify which one causes the best sales conversion increase. In order
to split-test at the keyword-level, you must structure your campaign correctly.
If you are tracking at the keyword-level then this will be automatic, if
not, get some expert help. Notice that I did not state, �the best �click-through
rate increase�.
Why?
Because �a lot of nothing� (i.e. a lot of traffic without sales or lead
conversion) is not a financially effective strategy. Consider that even
a single word change in your ad can create a significant jump in your paid
search profitability.
Follow these strategies immediately to send your paid search profits
soaring!
Kevin Gold is a writer, speaker and co-founder of Enhanced Concepts,
Inc., specializing in turning website visitors into leads or sales. If
you want to increase your leads or sales, get �12 Surefire Ways to Increase
Your Website Conversion� by visiting http://www.enhancedconcepts.com
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