sproutedlist.com
Search:    Main >> About Us >> Privacy >> ToS >> Place Your Link >> Add Article   
Add Url
 

Healthcare & Medicine

Tour & Travel

Business & Companies

Adventure & Sports

Software & Networking

Lifestyle & Fashion

Shopping & Auction

Indoor Games

Policies & Law

Jobs & Careers

Issues & News

Academics & Learning

Self Management

Society & Communities

Creative Arts

Teens & Children

Automobiles

Recreation

Estate & Realty

Garden & Home

Fitness & Health

Banking & Finance

Eating & Drinking

Science & Space


 

Main » Software & Networking » Online Marketing
 

Maximize Your Adwords ROI - A simple technique to boost revenue

 
Author: Joe Stec
 

Copyright 2006 Joe Stec

This is a little technique called prequalification, and it works with most types of advertising, but I've noticed particular results with Google Adwords. Here's how it works. I'll use a past experience as an example:

One of the products offered on Monster Web is a web development suite called "Website Tonight", and its purpose is to generate nice looking websites for people with little experience.

There is stiff competition for this type of product, so the cost per click on an Adwords campaign for any reasonably popular keyword pertaining to the niche would be pretty high. I looked at a few of my competitors' ads. They all seamed kind of similar - state the name of the product, maybe have a cute "build a website in minutes" "feature x" "feature y" etc etc. I have done ads like these, and gotten reasonable results, but what kicks the ROI into high gear is when you start to prequalify your leads.

Let's say a consumer is looking for web building software. Your ad is being displayed in the traditional "ENTICE PEOPLE TO CLICK NOW!!" format. They see all these ads all around them, and they click on yours. You have no idea what type of person this is. You don't know if they are looking for a robust professional system, if they are looking for a cheap or free system. All you know is that they typed in "website builder" into Google, liked your ad, and clicked on it.

I was getting maybe 1%-2% return on these types of ads. For every 100 that would click through, maybe 1-2 would make a purchase. 1% is not shabby, and it's in the range of "at least I'm making something", especially considering I was paying a dollar a click or more. However, once I started tweaking my ads in subtle ways, wow, the money started to roll in.

I did two things. First, I put the price of the item in my ad. So immediately we cut off the people looking for a freebie. People that click on the ad expect to pay for what they are about to view. Next, I added the word "professional." What did that accomplish? Well, I cater to businesses, and what do businesses have? They have money! They also want a professional grade product.. and they want my product.

The results were staggering. There was an immediate dropoff in click-throughs. I got half what I was getting with the generic "click me!" style ad. However, the conversion rate was...

NEARLY 20%!!!

That is correct, my sales went from a piddly 1%, to nearly 20%. 1 in 5 click-throughs was resulting in a sale. And people weren't just buying the software, they came to do business. I was very happy :-)

The next step was to increase my bid per keyword. It was worth paying the 3$ per click now and getting the better positions on Google, as I was screening my click-throughs ahead of time with the ad itself. I didn't have to wait until I got the customer on my page for them to decide that they'd rather use GeoCities. They knew right up front what the software was about and who it was for.

This is a very practical and useful technique and it has served me very well. Hopefully it will bring you some success in your ventures as well.

 
 
 

Related Articles

 
Microsoft Great Plains: exchange & brokerage - implementation notes
 
Cisco / Microsoft Computer Certification: Be Ready For Your Opportunity
 
Cell Phone Ringtones 101
 
Isn't There An Easy Way To Get Targeted Traffic?
 
Insider Trading - Blogging That Might Be Risky Business
 
How to pick a domain
 
Jesus, Master Internet Marketer
 
The advantages of easily selling information products on eBay
 
Online Comparison Shopping Made Even Easier With Mobile Phones
 
10 Quick Ways To Kick-Start Your Profit Pulling Keywords
 
 
 
 
 

10 Quick Ways To Kick-Start Your Profit Pulling Keywords

First, you must realize that targeting the right keywords or phrases is the 'key' to making any kind ... - Titus Hoskins
 

Do Free Online Classified Sites Really Bring You Customers?

This article with share with you unique concepts and ideas to help you create a constant flow of new ... - Dale Calvert
 

The Increasing Popularity of Skiing Blogs on the Internet

Winter sports enthusiasts nowadays have the opportunity to become part of an extensive online commun ... - Groshan Fabiola
 
 

Social Bookmarking And What It Can Do For Your Online Business

Much has been said about the tag and ping method, but to best optimize such a tactic, one has to fam ... - Bob Bastian
 

Successful Email Marketing

No doubt email is still the best way to get a quick response from your prospect. Big companies on th ... - William Nabaza
 
 
Main >> Privacy >> ToS
Copyright © 2006-2008 www.sproutedlist.com - All Rights Reserved.