Maximum Website Promotion Through PPC Bid Management

BY Tyson Drake ON July 1st, 2009
by Tyson Drake

Tools for Internet Marketing have been rising to popularity these days because of cost-effectiveness and the possibility of measuring increase in profits and sales.

PPC advertising is a good way to promote your business through paid advertising on the search engines when users type is a keyword in their search. The advertiser only pays when a searcher clicks on the add. A good example of popular search engines are google, bing, yahoo and miva. the search engines will let your add appear on different keywords the user types in. To have your add shown for different keyword, you have to bid on the add position for that keyword. The highest position normally goes to the highest bidder (not always) and so on. You only pay the amount for the keyword when a searcher clicks on your add.

PPC can be very costly, time consuming and sometimes not worthy. But if you know how to go about the step by step procedures, PPC is a welcome change to traditional advertising.

If you do your searches for products, articles and auctions in the net, you usually type in a keyword or a set of phrases to guide you in your search. Either you use Google or Yahoo Search depending on where you are most comfortable at and where you usually get the best results. As soon as you key in the search button, immediately a long list of keywords or phrase will be displayed containing the keywords you key in. The first or the top link that you saw is most likely the one who bids the highest for that keyword you type. In this way, businessmen will produce the desired results; they get to be advertised, at the same time, saving and spending only for the clicks they need that might translate to potential sales.

The way to start PPC bid management is to identify first the maximum cost per click (CPC) you are willing to pay for a given keyword or phrase. CPC varies from time and even search engine to search engine too. Maximum CPC can be measured by averaging the current costs of bids (bids range from $0.25 to $5). Average of these bids is to be used as the maximum CPC to begin with. As your ad campaign progresses, the actual conversion rate (visitors turning to potential buyers/sales) will be determined and you may have to adjust your CPC (bidding rate) accordingly.

It can take quite some time to figure out what search engine bidding strategy to use when you first start out.This is because each search engine has their own, unique campaign management and bidding strategy. You should also figure out what the costs are for the different keyword types.

Bidding for the top keyword and add position can also be a very costly outcome if not done correctly. This is because most of the time a user will type in different searches and click on several ads until they find what they are looking for. You want to try and start low with around add position number five and work you way up from there.

If you are now going steady on your PPC biddings, it is time for you to develop your own bidding strategy accordingly. It is important for you to track down which sites bring the bulk of your traffic and identify the ranking of your paid ads. This will help your bidding strategy to be effective and you should also decide where you want your ad to be positioned. Usually your maximum CPC will limit your choices.

There might be a bid gap when there is a jump in the price to more up one spot in the paid advertising rankings.You should take advantage of these gaps as you can save and use this money to spend on other campaigns. There are also keywords that have a lesser cost per click but can also get a good number of clicks and a higher conversion rate. This is good because you can sometimes have a higher conversion rate without bidding an arm and a leg on keywords. You want your ad to be in the most profitable position.

Using pay-per-click bid management in promoting your website will only be successful if you take time building many lists across many engines and studying the performance of every listing. In this way, you can make the most value from what you spend in the bidding process. The key is to use the necessary precautions to stay ahead of the competition.

About the Author:
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
Add this post to: Digg | Reddit | StumbleUpon


Fatal error: Call to undefined function post_password_required() in /home/yocomo/public_html/newblog/wp-content/themes/IceyBlue/IceyBlue/comments.php on line 11