Your brand has the capacity to attract millions of people all over the world in just a few minutes. The scope and ability to target unique audiences of pay-per-click marketing are amazing.
What are your options for making the best of it?
PPC ads can have a fantastic return on investment but it’s also a simple way to lose money if you don’t do it correctly.
Here’s a quick primer on pay-per-click marketing to ensure you’re on the right track.
What is PPC marketing?
In internet marketing, PPC is a prominent advertisement model. Advertisers can put advertisements on search engines, social media channels, and third-party sites and pay a fee any time the ad is clicked.
An example of a Google pay-per-click ad
Google is the biggest PPC service provider, with over $134 billion in ad sales. Google Ads, the company’s site, is frequently the first stop for people new to PPC marketing.
How much does Pay-Per-Click Advertising Cost?
When it comes to ads, you always want to understand how much it would cost. It is a bit more difficult with PPC.
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It’s not like buying a full-page ad in a magazine, where you pay the fee and get a full-cover page. PPC, on the other hand, is a pay-per-click model where you only pay once you get results.
Offline ads, on the other hand, typically have a fixed price regardless of the outcome. You have more power over how much each genuinely engaged customer costs you with PPC.
This is accomplished by the use of an auction scheme. Unlike a conventional auction, though, there isn’t a single product with a single winner—you’re betting on how big and how frequently your ad will appear. If you “lose” the auction, it doesn’t mean you’ll get no PPC space; it just means you’ll get less.
When people search for a keyword, such as “PPC Marketing,” Google searches its database of advertisers for that term and holds a bid between them. The ads are then chosen by a Google algorithm based on each advertiser’s bid and the rating of each advertisement.
The important takeaway here is that it isn’t just about how often you bid. The content of your advertisement is also important.
However, if your maximum bid is unrealistic, your advertising will not be seen frequently enough to be profitable. The average cost per click for different keywords varies, and this can influence your bidding strategy.
Tools like Ubersuggest and Google Ads Keyword Planner will help you estimate how much your ads would cost, so they should be considered as part of your keyword study.
Is Pay-Per-Click Advertising Right for My Business?
Pay-per-click ads, like any other type of marketing, have advantages and disadvantages. PPC should ideally be used as part of a comprehensive digital marketing plan, allowing you to optimize its benefits while minimizing its drawbacks.
Advantages of Pay-Per-Click Ads
- Instant results: Your advertisements will hit your intended audience as quickly as they are authorized.
- Highly targeted: You have complete control over who sees your advertising.
- Simple to track: You can easily track the progress of your initiative and calculate your return on investment.
- Paid advertisements are displayed prominently, with the ability to reach an almost infinite number of people.
- PPC Marketing’s Drawbacks
- Long-term investment: You must pay for each click, putting you at the mercy of advertisement pricing. It will add up if you’re doing it for months or even years.
- Not building an asset: Investing in digital marketing or developing an email list is creating an asset that you own. Your success with PPC is contingent on continued ad spending.
This is why my digital marketing agency strives to develop a comprehensive digital marketing strategy for your business. PPC has many advantages, but you also need strong marketing in other fields.
PPC isn’t a substitute for natural SEO. Organic work can take up a large portion of your attention due to the fact that those taps are free.
How to Begin a PPC Advertising Campaign easily?
It’s possible that you will launch your first PPC advertising campaign in as little as six stages. Remember that ad quality is crucial to the success of your campaign, so bide your time and concentrate on each move.
1. Calculate the PPC budget:
How much can you spend on pay-per-click advertising?
To begin, establish a preliminary budget to enable you to test the market. You can use some industry benchmarks as a guide to understand how much each conversion would cost you.
Once you’ve finalized the overall budget, set regular and lifetime spending limits on the Ads.
This is a crucial step in designing Ad campaigns because your budget would have a significant effect on the effectiveness of your advertising. Google Ads offers useful resources to guide you in this, and it’s worthy to take Google’s advice since its algorithms are built to optimize your profit.
You’ll be able to see a rough figure of how many taps your investment can get you. Based on your expected conversion rate, you can calculate your return on investment.
If your budget doesn’t allow you to reach realistic results, you can consider other marketing options.
2. Establish Your Campaign Objectives:
Pay-per-click promotions can serve a variety of purposes for various companies.
If you’re setting a pre-launch for a startup and your target could be to increase traffic and raise awareness. Conversions can be your target if you’re selling a commodity.
Since each target has a different meaning, the targets you set would have a significant effect on your marketing campaign. Your cost-per-click should highlight the fact that a click isn’t as important as a lead or a conversion.
Setting the right targets for your campaign will help you better target the right audience and reliably calculate your financial return. When you use PPC, you pay for the tap, not what the client does afterward—the tap costs the same if they buy or not.
Remember who you want to tap on your ad and what you want them to do when they do so. When you realize this, you can refine your whole strategy to inspire people to make certain decisions, lowering your costs.
3. Decide on the type of campaign you want to run:
Another thing to consider when it comes to PPC is the sort of campaign you’ll run. There are a variety of choices here, each of which gives you a degree of control over how you hit your intended audience:
Ads that are placed at the top of search engines.
Ads on social media sites are known as social ads.
Ads that target users who already have visited your site are known as remarketing ads.
Ads on Google Shopping which are based on selling items are known as e-commerce ads.
Ads that appear before a video starts playing on YouTube are known as instream ads.
Display ads are dynamic ads that appear on third-party websites, such as the one shown below.
Both of these options provide you with the resources necessary to reach particular audiences. You must determine where your target group congregates and what they refer to. Based on the target customers you’re trying to hit, it will change.
You don’t have to stick to one type of ad; in fact, many companies find that a combination of advertising platforms works the best for them. However, it’s critical to monitor your ROI with each ad form so you can adjust your strategy as required.
4. Do some keyword study:
Keyword research is one of the most important resources you’ll use to influence your audience, and it can greatly impact your initiative.
Although you already have a good understanding of how your clients look for your goods or services, you have to narrow that down to the ones that lead to action.
Understanding user intent is a large part of it. Which one is more likely to purchase, for example, if they google “what is SEO?” ” or who is looking for the “best keyword analysis tool?” ”
Because of where the quest falls in the buyer’s path, it’s most likely the second. Since the stage of the buyer journey determines the likelihood of a purchase, the keywords you select should represent the stage you’re aiming for.
Keywords that target customers who’ve been further along in the buying process may cost you more, but they will also lead to more conversions.
5. Bid on the Keywords You’ve Selected:
Most platforms provide you with a variety of bidding choices depending on your objectives. This is possible with Google Ads because it helps you to optimize for:
- CPA goal (cost per action)
- ROAS goal (return on ad spend)
- increase the number of clicks
- increase the number of conversions
- maximize the efficiency of conversion
- goal percentage of impressions
- Google Ads – Pay-per-click advertisement
Google can bid on your part automatically in order to optimize for your desired target, but you’ll have some leverage over your bid. You can set the maximum bid, for example, if you want to optimize for clicks. You can set a goal cost per action if you optimize for conversions.
It’s key to note that Google is here to guide you in getting the best out of your ad budget. To do this, the algorithms have been fine-tuned. Using Google’s opinions is always a good option especially when you’re first starting out.
6.Have unique landing pages to write keyword-focused copy:
Getting users to click on your advertising is just one aspect of what you’re aiming for. What matters is what happens when folks come to your site.
To achieve your objectives, you’ll need one-of-a-kind, engaging landing pages.
Your landing pages must have a good user experience and be related to the ad and draw the user’s attention. People want fast access to info they need, and if your webpage isn’t important to their search terms, they’ll quickly return to Google.
To summarise, you should optimize and A/B test your PPC landing pages to ensure that you get the most out of them.
Pay-per-click (PPC) advertising is a fantastic way to easily access a highly targeted audience. You can create paid ads in seconds using platforms including Google, Instagram, Bing, Facebook, and others. Depending on the budget, they can be seen by people around the world until accepted.
While meeting your intended audience is crucial in marketing, what matters most is what you do once you have their attention. This is why you should either take care of your paid campaigns yourself or hire someone to do it for you.
Want to try PPC for your website? Connect with our Team to know more.