7 Tried and Tested Steps for Successful Pay Per Click Advertisement
Pay per click is one of the most cost-effective digital marketing models. Why I am saying this because this model turns every penny you spend into results. In the PPC model, advertisers need to only pay when somebody clicks on your ad. For instance, you spend around $5 on Pay Per Click Advertisement, and you make at least $200. Even when the revenue is not much, when we compare it with ad cost, it is definitely a win-win situation. Key Benefits of Pay Per Click Businesses are increasingly using Pay Per Click to maximize their revenue. This is because it offers various benefits over other forms of marketing: Specific Targeting: Compared to other forms of advertising like banners and billboards, PPC networks such as Google AdWords and Facebook AdWords can filter audiences by demography, interest, and behaviour to ensure the right audience is reached. This means that consumers do not come across Waste ads, which in turn saves advertising costs. Measurable Results: They also have real-time data, including clicks, impressions, CTR, conversion rate, and ROI during PPC campaigns. Such openness assists in arranging campaigns to generate the most revenue. Fast Results: Compared to SEO, where one may have to wait for months before witnessing a change in the site’s ranking, PPC campaigns can provide an immediate traffic boost. This is especially true for businesses that require urgent marketing strategies. Flexible Budgeting: PPC permits the setting of daily or monthly budgets, which makes it possible to control the cost implications of advertising. Based on the results and objectives of the promotion, it is fairly simple to make changes to ad spending and timing. Competitive Advantage: PPC is an effective way of placing your company at the top of the list in search engine results or social media. This can enhance brand awareness, thus attracting more visitors to your website and business premises. How Pay Per Click Works on Google? We all have seen Pay Per Click ads on Google. You must have seen the search results that appear with an Ad sign in the top results. Whenever we click on that search result, Google charges for it. Let’s see how actually this results comes up and how PPC works on Google: Now, you must be wondering how Google decides the Ad rank. It is a simple process; ad rank is determined by two factors. Ad Ranks Formula: Bid x Quality Score = Ad Rank Now we must understand these two factors to get a better ranking of Advertisement. Cost Per Click: CPC is also known as bid. It is the average cost that is specific to the keyword. You can choose the cost as per your budget as it is flexible and can be changed. The advertiser who makes the maximum bid gets a better ranking. Tip: Research the average cost of the keyword well and never bid more than your budget. Quality Score: Another factor that determines the Ad rank is the Quality score. Quality Score is a point on a scale of 1 to 1o that is decided based on the following factors: Quality Score Formula: User Experience + Relevant Keyword + Expected CTR= Quality Score Tip: Make your ad as relevant to your target audience as possible. Include necessary information. For Instance: Advertiser Bid Quality Score Ad Rank A $4.00 6 24 B $7.00 1 7 C $3.00 10 30 D $5.00 2 10 This clearly shows that the Ad Rank score is highest for C advertiser. That means C’s Ad will be on the top of the search page. This example also clarifies that even the maximum bid can not guarantee the first position in the ad. It is always a combination of Bid and quality. 7 Steps of Successful Pay Per Click Campaign: Making a PPC campaign takes a planned approach. Here is a tried and tested strategy for successful Pay Per Click advertisement: Set Clear Goals: Set Up Account: Keyword Research: Create Ad Copies: A/B Testing: Analyzing and Optimizing: Bid Management: The Bottom Line: Pay Per Click is one of the most effective and pocket-friendly digital marketing strategies that can help you boost your business. By following the steps given above and continuously monitoring and optimizing your PPC campaigns, advertisers can get the most out of it. Also Read Our Blog: Social Media Marketing: Benefits, Types, Limitations and More