Online Advertising ROI: 3 Useful Metrics

Online advertising ROI or return on investment is a major consideration for anyone focused on response rates more than branding.

Online advertising ROI
Acquisition is the top goal. It can be in the form of registrations, transactions, ad views, etc. © Promise Media

Online advertising ROI or return on investment is a major consideration for anyone focused on response rates more than branding.

Response and branding are the two primary benefits of any advertising campaign.

Online ROI is difficult to track for branding because the results are not always immediate or directly measurable if the goal is brand awareness or offline sales. Continue reading “Online Advertising ROI: 3 Useful Metrics”

Pay Per Click Shows True Value With Return Visits

Pay per click campaignsPay per click campaigns show initial value when people who click on ads visit a site, but they show even more value if the visitors return.

It is important to understand that some sites have short-term loyalty with visitors while others have long-term loyalty.

For example, a travel site about the Caribbean has value for a matter of weeks or at most a few months. Visitors may visit the site before a vacation to get more information about their trip. Continue reading “Pay Per Click Shows True Value With Return Visits”

AdWords Conversion Rate Improves with 6 Steps

The Google AdWords conversion rate is a critical measure in showing how efficiently a Web site promotes itself with pay-per-click campaigns.

AdWords conversion rateThe Google AdWords conversion rate is a critical measure in showing how efficiently a Web site promotes itself with pay-per-click campaigns.

Conversion rate measures the amount of business from website visitors. If a site uses AdWords to deliver 100,000 impressions in search engine results, and 2 percent of those impressions resulted in a click, the site would have 2,000 visitors from AdWords. This is the click rate, which is the first step in tracking performance in AdWords. Continue reading “AdWords Conversion Rate Improves with 6 Steps”

Track ROI for Pay Per Click with 2 Simple Metrics

Pay per click marketing requires a return on investment like any other promotional channel. But what is the right ROI?

Pay per click marketing requires a return on investment like any other promotional channel. But what is the right ROI?

A report from The Nielsen Company indicates that online advertising has the highest ROI of any medium. To cut to the chase, it says that the short term ROI on all channels is 109 percent and for online it is 218 percent.

Although some may argue that the online number is questionable, there is no question that online marketing is more cost efficient. It doesn’t require a broadcast TV station, a newspaper circulation department, cable TV fiberoptics or a printing plant to produce a magazine.

In other words, it comes with an immediate cost efficiency that gives the marketer room to experience, fail, try again and succeed at an online campaign without bankrupting the budget.

Let’s define our terms and explore “return on investment” and “return on advertising spend”. Continue reading “Track ROI for Pay Per Click with 2 Simple Metrics”

AdWords Campaign Management Needs Constant Care

Google AdWords management is a practice that requires regular time and attention to generate the highest click-through and conversion rates.

Google-adwordsGoogle AdWords campaign management is a practice that requires regular time and attention to generate the highest click-through and conversion rates.

Even better, the discipline of tracking results and improving a campaign’s effectiveness and efficiency will often lower the cost per click. Higher conversion rates with lower costs result in a much better return on investment for the advertiser.

Consider it Google’s reward for using less of its inventory for your campaign and leaving more for someone else to spend money with Google.

Best practices start with dedicating time to campaigns at least weekly. Several times a week if not daily are even better. Why? Campaign results vary based on:

  • The time of year.
  • The competition from other advertisers for the same keywords.
  • The resulting cost of those keywords.
  • The resulting average position of the ads.
  • Thise leads to the resulting click-through and conversion rates.

Continue reading “AdWords Campaign Management Needs Constant Care”

Online Marketing Budget is Money Well Spent

An online marketing budget is money well spent if it results in more profit, revenue and audience.

Local Search OptimizationAn online marketing budget is money well spent if it results in more profit, revenue and audience.

Many Web sites don’t spend a dime to market themselves. A small percentage grow large audiences if they have been around for many years, have a unique attraction or just work extremely hard at building eyeballs.

But even a small marketing budget can make a difference if it is developed carefully.

First, it is important to distinguish between a launch budget and a maintenance budget.

A launch budget is a separate amount of money dedicated to making the public or target audience aware of the new site. The marketing campaign usually begins on the day of the launch and continues for a matter of days or weeks.

The maintenance budget takes over after the end of the launch budget. Its goals include creating awareness for the site with audiences that weren’t reached with the launch campaign. More advanced elements of the budget target specific sections, features or audiences.

Second, we have to note the difference between discretionary versus non-discretionary expenses.

Marketing people would love to see the promotional budget treated as a necessary or non-discretionary expense. In reality, the promotional budget is one of the first items to be cut when profit and revenue misses start to loom.

Continue reading “Online Marketing Budget is Money Well Spent”

How to Make Pay Per Click Budget Your #2 Marketing Priority

A site’s pay per click budget should be the second most important marketing priority after search engine optimization.

Takeaways

  1. Target more than 10% of site traffic for PPC.
  2. Track results and continuously improve.
  3. Set a pay per click ROI target that includes both ad costs and labor.

A site’s pay per click budget should be the second most important marketing priority after search engine optimization in part because it is the second biggest opportunity to gain audience.

Search engine traffic usually is and should be the largest source of audience for a site. It makes perfect sense to spend the largest amount of marketing time on search engine optimization to make sure those numbers are strong and keep growing.

Many sites don’t spend any money on pay per click marketing. They miss an opportunity to gain additional audience from niches that SEO doesn’t deliver. Others spend too much on their PPC budget.

What is the right amount? Continue reading “How to Make Pay Per Click Budget Your #2 Marketing Priority”