Here is your NoSpin Debunker for June 23,
2003
Help People Find Your Web Site
Search Engine Optimization: The Basics--Part
VI
The Big Pay-Per-Click Players: Overture and
Google
As mentioned in my previous Debunker (see Part
V), the big hitters in pay-per-click are Overture and
Google. This Debunker will provide some helpful hints in using both
Pay-Per-Click services.
Need More Prospects? Try Pay-Per-Click
Perhaps, you're skeptical about checking out what
Overture
and Google
AdWords Pay-Per-Click can do for your business?
Pay-Per-Click is not for every company, but if you have a strong
website and need more quality traffic and sales prospects, it's a
game that you should definitely learn-and is probably the hottest
growth area in marketing today. In case you missed the Wall Street
Journal's E-Commerce section, June 16, 2003, the lead article was:
"Playing the Search Engine Game." The article definitely parallels
several of the points in my SEO articles the past couple
months.
Last fall, one of my clients only got a couple
contacts a month via their website. Then I revamped their site in
total and optimized it using the recommendations I've made in
previous Debunkers. See Part
I, Part
II, Part
III, Part
IV, and Part
V. We started to get an average of about one contact
per day via their site. With some additional work, that average has
now reached 5-10 new contacts per day. These are all potential
prospects for a product that starts around $50K. The huge bulk of
those leads (names, address, phone, email address) are generated via
Pay-Per-Click with Google AdWords and Overture.
This particular client, a small company, spends around
$1100 per month and thinks that a bargain for those leads. And it
is-especially relative to other marketing options. Many serious
pay-per-click marketers spend a lot more than that a month, but you
may only need to spend a couple hundred bucks monthly-or even
less--to generate ongoing, high quality leads. I've found
Pay-Per-Click to be an outstanding marketing
investment.
Try Both Google Adwords and
Overture
You can start with either Google AdWords or Overture,
but I'd advise starting with both. Upfront costs are low for each,
and you can stop either at any point. Sometimes it's hard to predict
which one will perform best for you. Overall, I usually see better
results (at comparable keyword prices) with Google AdWords than
Overture simply because Google's (and affiliates) search volume is
so much higher than the group of Overture affiliates. Overture's
click-through rates often exceed Google AdWords' for a keyword in
the top spot, but overall volume (per keyword search) is usually a
fraction of Google's. Though, that depends on your keywords, your
audiences, and how competitive the bidding is. I always advise to do
both to get the best coverage of the top search engines. Then you
can fill in the gaps with other Pay-Per-Click options like Kanoodle,
or ah.ha.com or others to catch the secondary engine searches (and
pay a lot less per keyword).
Hints for Both
- Read
the Instructions for booth Google AdWords and Overture before you
get going.
- Write
your initial descriptions and ads BEFORE you actually sign
up.
- Start
out with at least 5-10 (of the same) keywords on each, if not
more--versus one or two--and see how it goes for a couple
weeks.
- Remember you're not going for solely volume of
traffic-you're going for targeting the best sales prospects out
there.
- A lot
of folks ignore very targeted keywords (that are not that
expensive). These keywords don't generate the volume of "big"
keywords but and can be very valuable in generating even better
visitor leads over time.
- Include
your key words in the titles of your descriptions. This is getting
tougher because most serious player know this is the thing to do,
but it's proven that you'll get more click-throughs by including
the actual keywords in your titles.
- Look at
several Google AdWords descriptions for your keywords, and do the
same for Overture. Make yours different without being too cute or
"salesy."Cut all hype, over-capitalizing, repetition of the same
words in your title and descriptions.
- Your
keywords and descriptions are not in stone. After a couple weeks,
try experimenting to increase the volume and quality of your
click-throughs.
- Regularly check out the real time stats for searches
per keyword, click-through rates, and prices. It's excellent
information right at your fingertips. When you're looking at the
summary statistics, make sure you're paying attention to which
default timeframe you're using: e.g. month-to-date, all time,
etc.
- Bid at
least into one of the Top 3 spots if at all possible-and
preferably #1. Then you're sure to get picked up by the big
affiliate search engines (especially with Overture). You can bid
lower but your click-throughs will dramatically decrease each
place you are from #1. If you can't afford the top spots it's
still worthwhile to bid stay in the Top Ten.
- Pay
attention to your bids-not necessarily every day but certainly a
couple times a week to start and then at least weekly-if not more
often. Some companies change bids their bids quite often.
Pay-Per-Click is an ongoing Marketing activity. I've seen keyword
prices double from e.g. $2.00 per click-through to $4.00+ in just
a couple months--when there are several top bidders who all want
the Top 3 spots. Or you may be lucky enough to be in a niche
industry without a lot of bidders and be able to $0.10 a
click-through and never have to change your bids.
- Beware
of entering into expensive, escalating bidding wars-unless you're
pretty sure that those click-throughs are bringing you quality
contacts.
Overture Hints
Overture is a search engine itself but it is mainly a
pay-per-click service affiliated with other top engines: Yahoo, MSN,
Lycos, InfoSpace, and AltaVista which it now owns. That is, the bulk
of your pay-per-clicks will not come directly through Overture but
rather its big search engine affiliates.
- Look at
the bids first for the keywords you are interested in using
Overture's View Bids Tool. Overture
has the best free SEO tools around--in particular View Bids and
Term Suggestion Tools
- Overture shows what the anticipated volume is and
your monthly cost, but remember these are only estimates (using
click-through assumptions). Your actual cost can be a lot
different than the estimate.
- When
you sign up, use Self Serve and avoid the $199 charge.
- Overture's keyword set-up is a lot more
straightforward than Google's. You enter a title for your listing
(40 characters max) and brief description (no more than 190
characters) per keyword, as well as your bid.
- The
best thing about Overture is that it clearly shows your position
that depends solely on your bid amount (and not your click-through
rate) versus Google (see below). You know exactly what your spot
is, who you are bidding against, what they are bidding,
real-time.
- With
Self-Serve, it can up to 5 days for your keyword listings to be
accepted after your initial sign-up. Overture uses a human and
automated editing process to "accept" your listings. Once you have
an account set up, though, adding new key words usually happens
that same day or within day or tow. It's not, though, real-time
like Google.
- Not all
affiliates, and in particular MSN, pick up your listings at the
same time. MSN seems particularly slow and sometimes can take
several more days than Yahoo, etc. So be patient. And remember to
check to see if you're in the Top 3 on the sponsored listing on
the Overture affiliate search engines.
- Overture has a lot more flexibility than Google in
setting up an account with a flat amount, monthly budget, or
renewing account (to re-charge your credit card a specified
amount). It's only $50 to get started with a $20/month minimum.
For most new registrants, I'd advise setting up a flat amount of
$100 and see how it goes over the couple weeks, and then adjust as
necessary. You can change your payment option at any point.
- Overture has a nice auto-bidding feature that will
keep you at least a penny above the next bidders (up to an
additional bid that you designate). Still, you need to regularly
pay attention to your metrics.
Google AdWords Hints
Google AdWords is so powerful because Google is the
dominant search engine right now. Google Adwords listings also
appear on its affiliates Ask Jeeves, Earthlink and AOL, but the huge
majority of traffic-and click-throughs-comes from Google itself.
Overall, Google AdWords, I think, is a lot tougher to
get the hang of, but the results are worth it. And unlike with
Overture, your keyword bids go "live" real-time. Google Adwords is
unique because most ads appear to the right of the page versus the
top. Google will give you the privilege of purchasing one of two
top-of-page positions, but it will cost you a minimum of $5000 per
month. A lot of money? Yes, but thousands of large company marketers
know that this is a minor investment for the return.
- Google
AdWords works on the basis of ad "campaigns." You set up one or
more very short "ads" (like the Overture descriptions but much
shorter). An "ad" can only have 40 characters in the title and 70
characters in the descriptions (plus your display url). That's not
many words, and you have to make each one of them count. Very
brief, concrete, no hype.
- Don't
just jam a bunch of keywords into one Google AdWords "campaign."
You're much better off setting up multiple campaigns and being
more targeted per campaign and specific keyword(s).
- Experiment with 2 or 3 ads per "campaign" (that
Google will automatically rotate) and see which one gets the best
click-through rate for at least a couple weeks. Then delete the
other ads and go with the one that is working best.
- Google
uses an automated editor function for accepting "ads," and that
editor hates excessive capital letters. Just capitalize the first
words of the title, and preferably no others-or you risk yours
getting rejected.
- With
Google you budget per "campaign" per day (e.g. $10 maximum per
campaign "x" per day). You can't budget on your total e.g. per
month as with Overture. Yes, you are setting top limits (daily),
but it takes at least a month to really figure out what you'll be
spending going forward (with those keywords and positions).
- With
Google, you enter a "recommended" maximum bid per campaign (which
is not exactly what you are charged) to get the top Google AdWords
spot. But here's the confusing part. Unlike with Overture, your
Google AdWords ad placement will depend not only on what your
"maximum" bid is but also your click-through rate. Per Google: "Ad
placement is based on a combination of maximum cost-per-click (CPC
-- how much you are willing to pay per click) and click-through
rate (CTR). This means that if you earn a higher CTR, you are
rewarded with a lower actual CPC. Our system monitors your
competition and performance and automatically charges you the
least amount possible."
- But
here's the good news. If your campaign is able to get a reasonably
high click-through rate (typically at least 5% versus the average
of 2%-3%), and no one is bidding for the top sponsored positions
in the colored horizontal boxes, you'll sometimes get placed there
by default (instead of on the right hand side of the page)-without
having to spend a minimum of $5000 month for one of their top
listings. And as a result, your click-through rates will increase.
There's no magic formula how to do this, but I've been able to
place several of my clients' keywords in the top-of-page Google
slot paying less than $2.00 per click-through.
- If it
seems that your Google "ads" have disappeared or don't seemed to
consistently place where you thought they would, here are the
typical reasons why:
- Your
click-through rate (usually over several weeks) is deemed too low
(relative to other bidders); you'll need to drop this keyword or
try another ad approach
- You've
gone over your daily budget. Your "ad" will disappear one day if
you reach your daily limit-and then reappear tomorrow. If this
happens a lot, and you are getting good results-you need to
increase your daily budget.
- our ad
was not accepted; Google does not send you an email if an ad has
been rejected. You have to pay attention to the left hand column
and make sure that your "ad" is live. If rejected, don't fight
city hall. Change the ad.
- The
competition has done some serious bidding while you were asleep.
It happens. You can either "play"-and keep outbidding them--or
not. Your decision.
- Google
AdWords does have a great feature that allows you to "pause" any
campaign without throwing away your campaign or information
attached to it. You might want to tone down your investment for a
month or two and then revive it down the road. Unlike with
Overture which makes you toss away your work and data, Google lets
you simply put your listing on hold until you decide to use it
again.
Those Are the Basics of SEO
This is the final installment of my 6-part SEO series
Help People Find Your Web Site--Search Engine Optimization: The
Basics. There is a lot more to SEO that what I've discussed, but
now you've got some of the basics. Since the world of SEO marketing
keeps changing rapidly, I'll continue to update you in the future.
Remember that if you want SEO marketing to work, you must have a
good website and a compelling reason(s) on your site for people to
take some action such as providing you contact information online,
calling you, and/or enabling them to purchase online.
If SEO marketing sounds too overwhelming and/or time
consuming--or isn't something you want to handle on your own-also
remember that SEO marketing is one of many marketing services that I
provide to my customers. If you need some help, please give me a
call at 615.383.7157 or email
me.
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