flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

Investing in PPC Marketing: How to Make It Work for You

Pay-Per-Click (PPC) advertising is one of the most common digital advertising practices used today, yet many businesses are skeptical of its effectiveness. A click, after all, isn’t the same as a sale and when such campaigns aren’t designed well, they can turn into a waste of time and money. Still, the approach wouldn’t still be thriving if it didn’t work, so brands can’t write it off entirely. Instead, what businesses need to do when implementing PPC campaigns is make sure that they’re properly structured to yield optimal results.

Know Your Goals

The first and simplest thing that businesses need to know when implementing a PPC campaign should be obvious, and yet it often goes overlooked: you need to define a successful campaign. If you don’t know what you want your PPC campaign to achieve, you can’t know if it’s working. That’s a serious problem.

There is no universal definition of a successful PPC campaign. Rather, you need to determine how many sales, clicks, or impressions would make a given marketing effort successful for your brand. This will depend on factors like budget, existing audience size, and platform, among others. These goals will evolve with your company, especially if you’re a beginner using PPC ads to market your new business.

Consider Your Keywords

PPC campaigns are built around keywords and anti-keywords, but to reach your intended audience, these have to be selected carefully. Choose terms that are too popular and you rick being drowned out by larger competitors, but target your campaign too narrowly and you won’t reach enough people.

Given these challenges, when structuring your PPC marketing campaign, many experts recommend researching keyword combinations that include added elements like your location, commercial terms like “sale” or “discount,” and popular search addenda like “how to” or “best.” Though it may be hard to rank for general product or service terms because of how many other companies you’re competing with, adding other terms to your PPC campaign profile can help.

Use Targeting Tactics

Keywords are just one of the different ways to make sure that your PPC ads are hitting their mark; another important targeting tactic is to define the demographics for your campaign. Many brands fail to implement precise targeting practices because they worry about missing those outside their core audience. If you don’t define the demographics for your campaign, though, you’re likely to waste a lot of money on clicks that will never convert. It’s better to reach a slightly smaller group and increase the proportion of clicks that lead to sales.

A Matter Of Balance

Research shows that PPC advertising is one of the most effective approaches to advertising, with PPC ads producing 50% more conversions than organic approaches according to a Moz study reported by SmallBizGenius. This is despite popular wisdom that typically promotes organic advertising over PPC and other practices. On the other hand, the majority of all ads, including PPC ones, are subject to ad blindness.

Today’s digital consumers are just too savvy to pay ads much attention and have mentally learned to filter them out. Add to that the 25% of users who have ad blockers installed and advertisers are facing an uphill battle – which only underscores the importance of having a clear strategy.

Structure your PPC campaign well, and you can break through this blockade. Now, are you ready to execute?

About Shane Avron

Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.


Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]   This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]
We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]   We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  


The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.


Connect with Flevy:

   
  


About Flevy.com   /   Terms   /   Privacy Policy
© 2021. Flevy LLC. All Rights Reserved.