Archive for March, 2008
Pay Per Click Ads For Buying Cycle Stages: Part I
When writing ads for your product or service, it is important to consider the buying process consumers go through when deciding to purchase a product. For instance, a consumer that is in the awareness stage is gathering information and is not necessarily sure what he or she is looking for. In this case, you would use general keywords to capture a wide range of possible consumer searches. On the other hand, if you sell dog collars and you should also be prepared with keywords such as “buy dog collars” to capture consumers in the purchasing stage. There are six steps in the consumer buying cycle: awareness, interest, consideration, purchase, retention, and advocacy. This blog will appear in three parts. Below are some helpful tips for creating targeted ads for consumers at the awareness and interest stages.
Awareness/Interest Stages
The awareness/interest stages in the buying process occur when the consumer identifies a need that he or she desires to fulfill. In order to meet this need, the buyer is going to gather information to determine the product or service that will best address his or her need. Consumers today are much more technically savvy, so it is likely that the internet is the first place they will go to gather information. With this in mind, it is important to have a pay per click message that will grab the consumers attention from the beginning. The message at this stage should be informational. Going with the dog collar example, a possible keyword at this stage would be dog collar, with a broad match. This will allow you to capture additional keywords that consumers are searching for at this stage, as well as help to ensure that your ad is more likely to show up.
Once they develop interest in the product or service you sell, they will look for further information on both the products and companies. It is important to give them as much information as possible at this stage as they will compare your company to your competitors. The ad’s landing page should provide the consumer with an overview of your products/services and their features. During this stage, consumers will begin evaluating the information they have gathered. They have information on their top companies and a list of criteria to judge them against.
Pay-Per-Link Click?
Online advertising is seeing new methods for placing ads within the content of other sites. No I am not talking about Google’s AdSense program, which displays an advertiser’s ad on other sites within Google’s Content Network. I am referring to the in-text form of advertising that allows advertisers to bid on in-text links on other websites. We have all seen the links within blog articles that show a pop up window when they are scrolled over. The in-text form of advertising allows advertisers to bid on keywords that appear on other websites. The difference between this program and the content ads seen on AdSense, is the ads are shown when a visitor scrolls over an in-text ad link, rather than having the ad appear automatically on the page.
One program that offers this type of advertising is Kontera. The company offers in-text advertising for advertisers, through a bidding platform similar to other pay per click advertising programs. The platform gives advertisers control over their keywords, bidding, and ad creative. In text ads are a great way to get your message and products out infront of potential customers at the exact time they are looking for information.
We will be testing out this new form of advertising on one of our sites. Over the next couple of months I will reveal more about our findings.
Marketing Your Brand Can Be Cost Effective
Advertising on Google AdWords’ Content Network has created mixed emotions among pay per click advertisers. Many have seen their ads receive thousands of impressions, but few clicks. Others have seen hundreds of clicks, but few conversions. With mixed results on the success of content network ads, some advertisers have turned away from advertising on this network. Up until a few months ago, I had similar feelings. With increased concentration on conversion tracking, content network ads offered no real security for overall ad performance. Recently, however, I have seen the possibility of utilizing content network ads as a branding effort that could generate an increase in direct traffic. Below is a discussion of some of the results I have come across.
Looking at Impressions as a Measure of Success
Today’s advertisers place a great deal of importance on leads and click-though-rates to measure the success of their advertising, however, impressions can indicate success as well, and at a lower cost. After recent changes to an internal pay per click campaign, it has become apparent that branded content network ads can assist in generating traffic to a website, without necessarily causing you to pay for clicks.
Method
The goal our campaign was to see if we could increase site traffic to the site at a low cost through branding efforts only (without offers or competitive advantages). We created a content network campaign with a relatively low content network bid of $0.25 per click. The content network ads were geared toward branding, with the company name as the ad title, and a general overview of our services as the description.
The Results
The results of the test have been very encouraging up to this point in time. Our site has seen an increase in direct traffic, with a reasonably low increase in cost. So how are we measuring success? Impressions do not readily lend themselves to tracking as adequately as clicks. However, through our analytics program, our team has been able to identify an increase in direct traffic, through the variables of bookmarking and direct site entry. Comparing stats over a year’s time, we saw an increase in direct traffic during the two months the campaign ran.
Through our testing, we have seen that content network ads can lend themselves nicely as a means to increase brand recognition. Although users did not click on our ads, they were exposed to our brand. Though this is not a sure fire way to increase conversion, it can be a cost effective way to get your company’s name out on the web.