Pay Per Click Management: What Bid Management Software Can Do For You

If you’ve spent any time managing a pay per click campaign, you know that it takes diligent management to ensure that you don’t overbid for keywords, maintain your rank and get the maximum ROI (return on investment). Bid management software can help you manage all of this easily, and free you up to attend to other matters in your business.

Note: Before we discuss some of the things bid management software can do for you, just a note of caution. We advise that you be as hands-on with your pay per click campaigns as possible in the early stages. This way, you’ll learn the ins and outs of this lucrative form of internet marketing quicker.

Then, when and/or if you do decide to use bid management software, you will know exactly how to make it work most effectively for you. With that being said, following are three benefits of using bid management software.

3 Benefits of Using Pay Per Click Bid Management Software

  • Prevent Overbidding: Pay per click bid management software can help you keep your keyword rankings on target, without overbidding for them. It does this by regulating your bids and turning off keywords during certain hours.
  • Increase Your ROI: Pay per click bid management software can increase your ROI. It does this by placing your listing in the most cost-effective position for you. You don’t have to waste time doing this manually.
  • Cross Platform Functionality: Most pay per click bid management software will work across platforms, ie, Yahoo!, Google, etc. This means you don’t have to waste time navigating different search engine account interfaces.

Pay Per Click bid management software is an excellent tool to add to your internet marketing arsenal – once you understand the nuances of PPC campaign management from the ground up.

Posted by PPCBlog in Bid Management, Internet Marketing, Pay Per Click Advertising, Pay Per Click Tips, Pay Per Click Training on June 15,2009

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Pay Per Click Spending: Determine How Much Per Click

The reason Pay Per Click advertising is so popular is that everyone can do it – with a budget as little as $50 or $100 (or less). But, not all clicks are created equal. Some can cost mere pennies, while others can go for tens or hundreds of dollars each.

So, how do you determine how much you want to spend per click? Well, it’s an art.

Pay Per Click Marketing: 2 Tips on How to Spend Little and Gain Big

Budget: Start with the amount in your budget to determine how many clicks you can get. For example, if you have a $100 per month budget and you bid on a keyword that is 25 cents per click, then you can afford 400 clicks per month.

If you bid on a keyword that is $5, then you can only get 20 clicks. So obviously, the larger your budget the more clicks you can afford. And, this is why you’ll always see the big boys at the top. You won’t be able to outbid them.

Now comes the cool part though that does allow you to spend a little, and still gain a lot.

Position Smartly: As in, don’t even shoot for being number one. As we discussed in the post, Pay Per Click Marketing: 3 Tips for Quicker Results, “research has proven that being number one isn’t necessarily the best spot to be in . . .because you get a lot of curiosity seekers who’ll click on ads in this spot. . . . [but won’t buy].”

This wastes money.

The best strategy is to position yourself high enough to bypass the tire kickers, while keeping your cost per click as low as possible. In order to do this, you have to know which keywords to use to get you in this “sweet spot.” It’s an art, and takes time and testing, but well worth learning. 

At PPC Summit, we teach you this and a whole lot more about how to be successful as a pay per click marketer.

Posted by PPCBlog in Bid Management, PPC Summit Conferences, Pay Per Click Advertising, Pay Per Click Tips, Pay Per Click Training on May 30,2009

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How to Use Pennies to Beat Your AdWords Competition

Most of us don’t pay much attention to our pennies. When we’re checking our wallets for cash we don’t count pennies; when checking our bank statements, we focus on the dollars and not so much the cents.

But, did you know that you can use your pennies to beat the AdWords competition? It’s a huge, cost-saving search engine marketing strategy that can mean the difference between being the highest bidder for a particular keyword and losing the AdWords bidding war.

When marketers set up an AdWords campaign, most of the focus is on the even numbers, ie, $0.10, $0.20, $0.40, $1.00, $1.20, etc. Why? No one really knows, but one the fact is that if you focus your bids on odd numbers (eg, $0.11, $0.21, $0.41), you significantly increase your odds of winning the bid for a keyword without breaking your budget.

Here’s an example: Let’s take the keyword “marketing.” The average CPC or Cost-Per-Click is $3.88 (Google AdWords Keyword Research). If you bid just one cent above, you would be the winning bidder at $3.89.

Now take a moment to review the average cost per click on random keywords. You will quickly discover that more times than not, the majority of the bids are even numbers. While you may not have the budget to bid $3.00 on a keyword, know that this method applies to all keywords, in all of the AdWords programs.

If you’d like to learn about other winning AdWords strategies like this, join the AdWords experts at the upcoming PPC Summit Chicago or New York. They have the knowledge and experience to help make your AdWords campaign a success.

Posted by PPCBlog in Bid Management, Keyword Development, PPC Campaign Strategies, Pay Per Click Advertising, Pay Per Click Tips on March 13,2009

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Do Your Google Adwords Pay Per Click Campaigns Need a Performance Boost?

Seven Do’s and Don’ts For Google Adwords Campaign Success:

#1 Make sure your unique selling proposition distinguishes your product or service from the competition - try to incorporate benefits into your ad.

#2 Conduct market research - understand the search habits of your target audience and analyze your audience demographics.

#3 Set budget limits for your campaign costs (daily, weekly or monthly) - don’t spend more than 10 percent of your average sales amount.

#4 Bid on keywords that your target audience uses - don’t make the mistake of bidding too high for popular terms. 

#5 Build extensive keyword lists – review where/how your target audience searches, analyze your website traffic and study your competition. Use online keyword generation tools to save time.

#6 Give viewers a reason to click on your ad – copy should include a ‘call to action’ and create a sense of urgency to move the viewer. Use your search terms in the headline and/or ad text and make sure to test multiple ad variations. Incorporate product/brand names, discounts and free trials into your ad message when possible.  

#7 Create optimized custom landing pages – make sure your ad copy is relevant to the keywords on the destination page. 

 

And remember to always monitor and analyze your ad results - check the conversions/click through rates of your ads and keywords often. 

Posted by PPCBlog in Bid Management, Internet Marketing, Keyword Development, PPC Campaign Strategies, PPC Summit Conferences, Pay Per Click Advertising, Pay Per Click Tips, Pay Per Click Training, Search Engine Marketing, Search Engine Optimization on January 23,2009

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Pay Per Click Management: 3 Step Improvement Plan

Instantly improve your Pay Per Click management process and start dominating Search Engine Marketing NOW by following these three simple steps.


Step 1: Conduct Keyword Research to Gain Better Results
-         Analyze historical PPC data to create your keyword lists
-         Use keyword generation tools to find untapped niches
-         Use long tail terms to get higher conversions
-         Organize keywords into similar theme related categories


Step 2: Create PPC Ad Templates to Ease Time Management
-          Create ad campaigns in Google Editor
-          Use the export from Google Editor to template format
-          Import ads into Yahoo! and MSN AdCenter


Step 3: Setup a PPC Account Checklist to Achieve Weekly Goals
-          Set reasonable daily budgets
-          Understand your cost per lead or cost per acquisition
-          Turn content targeting On or Off
-          Set Location/Geo Targeting: International/US/City
-          Set Ad Scheduling
-          Set Rotate or Optimize Ads
-          Add new keywords each week
-          Use Negative Keywords and update the list weekly
-          Understand Match Type: 
             > Google: Broad, Phrase or Exact
             > Yahoo! Search Marketing: Advanced or Standard
             > Microsoft AdCenter: Broad, Phrase or Exact
-          Set Bids for defaults Bid and Max Bid for each keyword 

 

 

Posted by PPCBlog in Bid Management, Internet Marketing, Keyword Development, PPC Campaign Strategies, Pay Per Click Advertising, Pay Per Click Tips, Pay Per Click Training, Search Engine Marketing, Search Engine Optimization on November 28,2008

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Pay Per Click (PPC) Summit Los Angeles Event Wrap-Up: Search Engine Marketing Training for Success!


PPC Summit LA Trainer David Szetela


PPC Summit LA 2008 Lunch Keynote

PPC Summit LA was a huge success on all levels according to event sponsors, speakers and 100+ internet marketers who attended the conference on Sept. 25 -26, 2008. We would like to thank all of the sponsors, speakers, and of course the attendees for making this conference a winner. PPC Summit LA sponsors include: Google, Business.com, Lyris, ContextWeb, Engine Ready, Adapt Technologies, Orange Soda, Web Host Industry Review, PR Web and Search Marketing Standard.

We are grateful for the expert speakers and trainers who shared profitable Pay Per Click campaign secrets for optimal results on Google and other search engines. Attendees had the opportunity to learn from 20+ sessions covering: improving quality score, keyword best practices, better website and landing pages, winning copywriting strategies, bid management and much more.

Posted by PPCBlog in Bid Management, Internet Marketing, Keyword Development, PPC Campaign Strategies, PPC Summit Conferences, Pay Per Click Advertising, Pay Per Click Tips, Pay Per Click Training, Search Engine Marketing, Search Engine Optimization on October 1,2008

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