Small Business Advice--Pay Per Click Online Marketing
52Now that you've dipped your toes in pay per performance advertising, you can further your small business's ability to take advantage of PPC marketing. Pay per click marketing has grown to epic proportions in the blogosphere, and throughout a number of websites driven solely by advertising dollars. Effective website design involves using a combination of marketing strategies, and thousands of companies have had continued success with a strategic, and highly profitable, pay per click advertising campaign.
Key benefits of pay-per-click marketing include:
- Boosting traffic almost overnight
- Giving you flexibility in attracting the right type of visitors, namely the customers that are most likely to make a purchase
- Helping you build a strong brand
- Flexibility of turning the campaign on and off when you want to run seasonal promotions, special sales, or other offers
- Targeted marketing by region or even zipcode
- Bidding on the best keyword phrases so you can drive traffic from the top search engines
- Monitoring and tracking your marketing campaign results
- Predictability; you're in full control of how many visitors can, and will visit your site as long as you're still paying for the keywords
- Saving money on a larger SEO program or paying for indexing
PPC marketing services are all offered by the leading search engines. These are the campaigns that you find with Google AdWords, Miva, and Yahoo! Search. Microsoft AdCenter also launched a lucrative strategy, combining MSN search with some fresher, more functional programs.
So how does Pay Per Click marketing actually work? Why, and how, would a small business pay for customers?
With a PPC program, your small business places a bid on a set of keywords. These keywords can be plucked right from search engine tools such as Overture, which list the top searches and any associated words listed with your selected keywords. Your business can purchase a specific keyword for a set price, and with every click on that link (visitor to your site), your listing can go up.
So, you're paying a small fee each time someone clicks through to your website. The chances of this click leading to a complete sale is in your control; part of your strategy needs to include the incentive to buy, in some shape or form. As a small business owner, it's important that you create an attractive offer, highlight a product, or make the best use of the visitor's time now that they've entered your domain!
Remember, it's not always necessary to bid on the highest keywords; if you're not going to be making a large enough sale from one customer, bidding above a certain price isn't going to bring you any profit on your marketing investment. This is why it's important to review your traffic reports and notes before making any bidding decisions. If you can calculate how many of your visitors are actually being converted into a sale, you'll have a dollar value of how much it costs to bring in business.
Companies that do not rely on website lead generation do this all of the time. The concept is part of calculating your return on marketing investments, no matter what avenue this may be. For example, knowing how much your coupon redemption rates translate to a sale will help you gauge how much you're paying to get customers to buy from you. Making sure your potential customers are actually purchasing something every time they see your TV commercial is valuable information; this might be tracked with a special offer code or promotion. Tracking methods are important in any marketing investment. With PPC marketing, you can do this very easily since you can analyze direct traffic and conversion rates on every single sale, click, and purchase.
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