I have been waffling over the effectiveness of pay per click (PPC) Adwords advertising campaigns for some very unique web sites that we manage. I know that there are some really strong proponents of the practice of bidding on keywords, then massaging the bids and keywords in order to generate sufficient ROI. I’m completely in agreement that it’s a much better buy than a classic media placement where it’s difficult to measure exact traffic and conversion rates — but it still hasn’t been as effective, for the simple reason that I am not getting the volume of traffic I would like.
There is no question that by increasing the bids on each keyword and upping the total monthly budget, I can generate some more traffic. I also know to prevent the wrong kind of traffic by adding negative keywords for example, at CoastalBean.com I don’t want to pay for traffic if someone is searching for “estate coffee wholesalers” … so by adding “wholesalers” as a negative keyword I can reduce the incorrect clicking on our ads.
Once the correct traffic starts coming into the site I must also analyze the site data to determine if the traffic is doing what I want it to do . ie. purchasing product, reading posts etc. , and that is a complete topic for another day, including site design, Analytics and calls to action.
Today however, I am more concerned with generating traffic to sites where there just isn’t that many folks out there searching on the keywords. If you are running a site about IPhones you know that you have alot of searchers going to Google to find info about the product. You are going to pay a ton per click since its such a highly competitive keyword, but you will get some volume, then it’s up to you to convert that traffic. But since I deal with some “long tail keywords” .. I’m already in a position where the number of searches per day are at a minimum.
So I’ve decided to get behind the latest Adwords feature called Placements. Using the placement option, I can pick and choose the web sites where my ads will appear. These sites are classified as being within the Google Adwords Network .. which is a fancy way of saying they have Adsense panels on the site to accept advertising. By using the Placements option, I am no longer relying on someone searching for a long tail keyword like “Ethiopian Coffee” .. rather I can go to where I believe those buyers might be and get my ads there.
A few things to note:
- The cost per click will be less than a search placement simply because the impressions will be directed at a less specific seeker of content (not someone who typed the words Ethiopian Coffee into Google) ..
- The number of impressions will be much higher! Because I am able to get onto sites that have more pageviews than the number of people searching the keywords during any given period.
- It means I can expect to have a much lower click through rate since the relevancy of the visitor on that page to my exact product is dimished.
- The ROI could be better since the cost per clicks are down, the number of impressions are up .. so potentially it could result in finding a customer who wasn’t even planning on searching for my product.
I believe that taking a product that could be considered a discretionary purchase and putting on a site like the Ethiopian Review, and customizing the content of the ad will stand a better chance of converting more sales than waiting for searchers.
I am monitoring this practice right now and will keep things posted regarding the results.
There are some ad creation and setup practices that can impact results, including combining keywords and placement options. If you have any questions email me at jmagennis(at)befluid(dot)com