Saturday, December 25, 2010

Google Adwords Strategies

Google adwords advertising(PPC) is the most realistic way for new or existing businesses to add hundreds and thousands of dollars per day in new revenues these all just in 15 minutes. But we have to understand the basics of getting 1st page of Google which makes the difference between campaigns in the red vs. those in the black?

These are the keys to get maximum profit from your adwords advertising:

Setup Be Master and put your campaign on Pause
Keywords Be Master and you'll still be in the red
Bidding Be Master and you might break even
Copywriting Be Master and you might make a profit
Optimizing Be Master and watch your revenues soar

Most Google Adwords ads leave money on the table, due to low clicks from programming errors. Or, unqualified clicks drive-up Google's stock, instead of yours. Plus, unpersuasive ads reveal an ignorance of advanced copywriting strategies. And, that's just the tip of the iceberg...

Before we look at Adwords strategies, let's ask a basic question...

Is Google Adwords Right for Your Product/Service?

Do you have any competitors on Adwords? If not, then take your foot off the gas pedal, slow down, pull over, and look at the map. There's a 95% chance that your product/service is a good candidate for Adwords, especially if competitors have long–running campaigns.

To thrive on Adwords, you need 2 factors: Popular keywords that describe your product/service, and healthy profit margins.

Believe it or not, a few, new products fail on Adwords. Why? Because their concept is so new, they have no popular search terms yet in the English language.

For example, how many popular keyword phrases can you think of for a software program to help legal email marketers bypass spam filters? (I confess: Not my strongest campaign. Yet, now I forewarn prospective clients who have a similar keyword problem.)

Of course, you can target indirect keywords, but direct keywords convert much higher. (Nice to know when you're paying for every click, isn‘t it?)

In addition to popular keywords, you need a decent profit margin. I'll never forget the restaurant owner who told me that his average profit/sale was only $6. So, I advised him to pause his Adwords campaign.

Forget Branding/Image Advertising,
Think Direct Response Advertising

It's a fact, branding/image style PPC advertising doesn't work, period. Only direct response works. And, the philosophical mindsets of the 2 styles take years to learn (or unlearn.)

You know those silly TV commercials, like the beer ads? Unfortunately, they often leave you remembering only the joke, but not the product. The goal of that kind of branding/image style ad is name recognition by using humor. It's like hiring a comedian as your sales rep.

On the other hand, the goal of direct response advertising is to motivate readers to respond now (for lead generation or sales.) That's like the goal of PPC: To motivate readers to respond now by clicking your link.

You can learn copywriting by studying the direct response copywriting legends like Gary Bencivenga, Eugene Schwartz, Ted Nicholas, Jay Abraham, and Dan Kennedy (if you've got the money to afford their training courses.) The more years you study direct response copywriting strategies, the more you know which words to choose to make buyers jump out of their seats.

OK, let's get down to business. The following 8 strategies will advance you to the 95th percentile of Adwords advertisers. (I know, because I read their ads every day when I search Google. And, 19 out of 20 ads reveal obvious signs of incompetency.)

1. Know Your Competitors and Prospects

Research! Any shrewd advertiser prepares to write winning ads by printing out competitors' websites, and studying their ad copy, in order to beat them. Look for 2 things: Keywords and words/phrases that sell.

Learn to read your prospects' minds by asking yourself several questions, like these...

  • What are your prospects' demographics?
  • Which emotions trigger them? Fear, money, worry, security?
  • What are your prospects frequently asked questions?
  • What are their most common objections?
  • What is your U.S.P. (unique selling proposition?)

2. Select Only Relevant, Targeted Keywords

Find your keywords by using Google's keyword tool and Yahoo's keyword tool. One advantage of Yahoo, is that they estimate the number of searches/month for each keyword. To estimate the number of searches on Google, multiply the Yahoo searches by ~1.65.

As an example, let's pretend you're selling Florida Keys vacation packages. Here's a partial list of keyword searches from Yahoo in March 2007...

# of Searches
in March 2007

Keyword Phrases

4177

florida keys

2131

florida keys rental vacation

1956

florida keys real estate

815

florida keys fishing

330

florida keys diving

229

florida keys travel

202

florida keys cook book

137

florida keys vacation

120

florida keys resort

116

florida keys newspaper

From the list above, select only the relevant, qualified keyword phrases such as: florida keys rental vacation, florida keys fishing, florida keys diving, florida keys travel, florida keys resort, and florida keys vacation. (In most cases, you don't want to target the general keywords like: florida keys.)

3. Identify Dozens of Negative Keywords

Highly profitable campaigns usually contain dozens of negative keywords. Negative keywords prevent your ads from displaying to searchers who are unlikely to buy. This helps to decrease your clickthrough charges, while raising your clickthrough rates.

So, from the keyword list above, let's select these negative keywords: real estate, cook book, and newspaper.

4. Divide Your Keywords Into 40-80+ Ad Groups

Separate your keywords into dozens of Ad Groups. Include closely-related phrases in the same groups. In the example above, one Ad Group might include: florida keys vacation, florida keys vacation rental, florida keys vacation package, and florida keys family vacation.

5. Divide Singular and Plural Keywords Into Separate Ad Groups

Adwords highlights only exact matches in bold. So, if someone searches “mortgages,” but an ad says “mortgage,” then that word does not get highlighted in bold. And believe me, your CTR suffers.

Laziness tries to take shortcuts. But, a conscientious advertiser writes separate ads for high-traffic singulars and plurals.

6. Write Different Ads for Each of Those Ad Groups

One of the most costly and common mistakes is using the same ad for all your keywords. You must, I repeat, you must change at least the ads' headlines to include each different keyword phrase. Plus, if the keywords require it, you must change ads' body copy to compliment them.

The goal is to get the keywords highlighted in bold in the search results. Why bold highlights? To stop readers from skimming when they see exactly what they're searching for in bold.

7. Sreen-Out Unqualified Clicks From Running-Up Your Credit Card Bill

There are several ways to qualify your prospects, including:

  • Restrict your ads from showing for negative keywords, or in specific countries, states, or cities.
  • Write qualifiers in your ad copy: Demographics, price, etc.

8. Invest 25-35+ Hours Tweaking Your Profits

A normal Google Adwords campaign requires ~30 hours spread-out over a 30-day period: 2 days to program it, and 28 days to test new ads to tweak your CTR. Thirty days seems to be enough time to test every conceivable variable.

A highly-optimized campaign may test as many as 40 ads on the highest traffic keyword Ad Group, and 100+ ads for the whole campaign. If you don't understand how to find over 40 variables to test in one ad, that's an advantage that comes from knowing dozens of direct response copywriting strategies.

In summary, Google Adwords can generate record revenues for you, if you have the right setup, keywords, bidding, copywriting. and optimization. Which result will you see next month: Losses, mediocrity, or record revenues?

2 comments:

  1. Aside from targeting variations of these keywords in Google Adwords, here's how we optimize these KW variations:

    First is to go after one of the variations first – so take your singular keyword, create a page for that, optimize for that KW and get it to position #1. Then go for the plural version for the same page.

    Another way to do it is to optimize for the plural and then, we chose the singular as a secondary term. Then start to build inbound links back to that keyword using with the plural version… then we begin to vary anchor text incorporating the singular term.

    It is good to go after both variations at the same time by creating two separate, unique pages and optimizing each page for each respective variation. That is, if you’re still having trouble ranking for both terms.

    So, there you have it… these are two different ways you can use to optimize for the singular and plural of keyword phrases, aside from using Google Adwords to promote those KW variations.

    Have a great day!

    Cheers,
    Dave

    ReplyDelete
  2. awesome tips man!!! thanks for sharing such an awesome information with us!

    Thanks alot
    Maria Search Engine Optimization

    ReplyDelete

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