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PPC 101 | Basics & Best Practices

              Bid & Budget Edition
7 Tips To Maximize Your AdWords (& Bing!) Budget
             www.amplify-interactive.com
TIP #1: BE REALISTIC – DO SOME MATH
 The first thing you should do before creating a PPC campaign is a little math. It isn’t fun. It isn’t sexy.
 But it will set the boundaries you need to know in order to setup and manage your PPC campaign.

 ü         Determine your budget, and allocate it across your campaigns. Initially, you can distribute
            funds to the campaigns that are your highest priority.
 Determining Your Budget
 ü  What are your business goals for your PPC campaign?
 ü  What is your expected conversion rate? (ie – how many actions or
     sales/leads you’ll get per visitor)
 ü  What is the average value of each sale/lead?
 ü  How many clicks you’ll need to get in order to your to goal number
     of sales/leads
 ü  What is the expected cost per click (how much each of those clicks
     will cost)

 Armed with this information, you’ll be able to determine your target cost
 per action
 ü  Commit to optimizing your campaign to this cost per action


       More info on how to determine your PPC budget
       •     http://support.google.com/adwords/answer/2375420?hl=en
       •     http://www.google.com/ads/learn/marketing-business/
             videos/adwords-budget.html
       •     http://www.gstatic.com/ads/learn/en/adwordsbudget.pdf


www.amplify-interactive.com
TIP #2: PRIORITZE PERFORMANCE
Once you have gathered a significant amount of data, you can re-allocate the
budget based on performance, distributing more money to campaigns that are
delivering the best performance.

      Organic Cat Nip Cat Nip Toys                                           Allocate more funds
                                                                             to the Cat Nip Toys
                                                                             campaign – more
                                                                             conversions at a
         Budget: $20 / day                Budget: $20 / day                  lower cost.

         CPA: $5 / conversion             $2 / conversion

         4 conversions / day              10 conversions / day



  Tip:
  If a campaign is performing really well, you may want to add more money to the daily budget by
  taking it from another campaign. The inverse is also true – if a campaign is performing poorly, you
  may want to decrease spend and add that extra money to a campaign that is performing well.


www.amplify-interactive.com
TIP #3: GEOTARGETING FTW!
 ü  Only target relevant locations for your
     products
 ü  Review back-end data to determine
     the most profitable regions
 ü  Implement an aggressive bidding
     strategy using bid modifiers in areas
     where you are seeing success
                                                  X
        Don’t waste $$$ on ads in Dogville –
        dogs don’t eat cat nip!
        Focus your advertising efforts and
        budget towards your target customers in
        Catland.


www.amplify-interactive.com
TIP #4: MAXIMIZE YOUR REAL ESTATE
 Character limits and restrictions can make it difficult for your ad to stand out
 ü  Utilize ad extensions: make the most of the space that is available to
     you.


     The “Sitelinks” ad
     extension draws attention,
     highlights more keywords,
     and gives valuable real
     estate to your ad




    A Few Examples of Ad Extension Types:   More Information about Ad Extensions
    ü   Click to Call                      ü   https://support.google.com/adwords/answer/2375499?
    ü   Sitelinks                               hl=en&ref_topic=1713912
    ü   Product extensions                 ü   http://www.amplify-interactive.com/blog/ppc/google-
                                                 adwords-ad-extensions-1/
    ü   Reviews
    ü   Locations
    ü   Social extensions



www.amplify-interactive.com
TIP #5: AD SCHEDULING
 Don’t spend money when your traffic isn’t generating conversions.
 Save money and allocate it to a time when you are more likely to
 succeed.
                                                         OPEN
                                                  STORE HOURS
                                              Mon – Fri: 7am – 4pm
                                              Saturday: 9am – 5pm
                                                 Sunday CLOSED

  ü    Is your business open on the weekends? Will someone be there to answer the phone?
         ü    You can daypart your campaigns so they aren’t running on the weekends
         ü    You can also schedule your ads to only run at certain times of the day
  ü    Evaluate seasonality & trends
         ü    Use historical data and purchase patterns to determine when your budget is most effective
  ü    More Information about dayparting & ad scheduling
         ü    http://support.google.com/adwords/answer/2404244?hl=en
         ü    http://www.amplify-interactive.com/blog/ppc/effective-day-parting-of-pay-per-click-campaigns-with-google-part-2/


www.amplify-interactive.com
TIP #6: AD POSITIONING
Ads on the top of the search result page typically generate more clicks.
That being said, you may not have the sufficient budget to have all the
keywords you want in the top of the search results.


ü  Find a balance between how much you can bid to maximize your
    budget, while maintaining a competitive ad position.




  Many advertisers use automated bid rules
  ü  One way to make automation is via
      “Advanced Bid Changes” in AdWords
      Editor
  (http://www.google.com/intl/en/adwordseditor/)



www.amplify-interactive.com
TIP #7: NEGATIVE KEYWORDS
 Avoid showing your ads to the wrong people with negative keywords.
 ü  Perform keyword research to determine probablenegative keywords
 ü  Closely monitor your “search query reports” to find new negatives to
     add



   Be careful – don’t exclude
   any keywords you actually                                 Nope - we don’t sell it


   want to show up for!                                      Nope - we don’t sell it

                                                             YES! We sell these!




www.amplify-interactive.com
There You Have It – 7 Tips To Maximize Your PPC Budget
               Follow us on slideshare!

         Please feel free to reach out to us!
        Email: info[at]amplify-interactive.com

               www.amplify-interactive.com

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7 Tips To Maximize Your Google AdWords PPC Budget

  • 1. PPC 101 | Basics & Best Practices Bid & Budget Edition 7 Tips To Maximize Your AdWords (& Bing!) Budget www.amplify-interactive.com
  • 2. TIP #1: BE REALISTIC – DO SOME MATH The first thing you should do before creating a PPC campaign is a little math. It isn’t fun. It isn’t sexy. But it will set the boundaries you need to know in order to setup and manage your PPC campaign. ü  Determine your budget, and allocate it across your campaigns. Initially, you can distribute funds to the campaigns that are your highest priority. Determining Your Budget ü  What are your business goals for your PPC campaign? ü  What is your expected conversion rate? (ie – how many actions or sales/leads you’ll get per visitor) ü  What is the average value of each sale/lead? ü  How many clicks you’ll need to get in order to your to goal number of sales/leads ü  What is the expected cost per click (how much each of those clicks will cost) Armed with this information, you’ll be able to determine your target cost per action ü  Commit to optimizing your campaign to this cost per action More info on how to determine your PPC budget •  http://support.google.com/adwords/answer/2375420?hl=en •  http://www.google.com/ads/learn/marketing-business/ videos/adwords-budget.html •  http://www.gstatic.com/ads/learn/en/adwordsbudget.pdf www.amplify-interactive.com
  • 3. TIP #2: PRIORITZE PERFORMANCE Once you have gathered a significant amount of data, you can re-allocate the budget based on performance, distributing more money to campaigns that are delivering the best performance. Organic Cat Nip Cat Nip Toys Allocate more funds to the Cat Nip Toys campaign – more conversions at a Budget: $20 / day Budget: $20 / day lower cost. CPA: $5 / conversion $2 / conversion 4 conversions / day 10 conversions / day Tip: If a campaign is performing really well, you may want to add more money to the daily budget by taking it from another campaign. The inverse is also true – if a campaign is performing poorly, you may want to decrease spend and add that extra money to a campaign that is performing well. www.amplify-interactive.com
  • 4. TIP #3: GEOTARGETING FTW! ü  Only target relevant locations for your products ü  Review back-end data to determine the most profitable regions ü  Implement an aggressive bidding strategy using bid modifiers in areas where you are seeing success X Don’t waste $$$ on ads in Dogville – dogs don’t eat cat nip! Focus your advertising efforts and budget towards your target customers in Catland. www.amplify-interactive.com
  • 5. TIP #4: MAXIMIZE YOUR REAL ESTATE Character limits and restrictions can make it difficult for your ad to stand out ü  Utilize ad extensions: make the most of the space that is available to you. The “Sitelinks” ad extension draws attention, highlights more keywords, and gives valuable real estate to your ad A Few Examples of Ad Extension Types: More Information about Ad Extensions ü  Click to Call ü  https://support.google.com/adwords/answer/2375499? ü  Sitelinks hl=en&ref_topic=1713912 ü  Product extensions ü  http://www.amplify-interactive.com/blog/ppc/google- adwords-ad-extensions-1/ ü  Reviews ü  Locations ü  Social extensions www.amplify-interactive.com
  • 6. TIP #5: AD SCHEDULING Don’t spend money when your traffic isn’t generating conversions. Save money and allocate it to a time when you are more likely to succeed. OPEN STORE HOURS Mon – Fri: 7am – 4pm Saturday: 9am – 5pm Sunday CLOSED ü  Is your business open on the weekends? Will someone be there to answer the phone? ü  You can daypart your campaigns so they aren’t running on the weekends ü  You can also schedule your ads to only run at certain times of the day ü  Evaluate seasonality & trends ü  Use historical data and purchase patterns to determine when your budget is most effective ü  More Information about dayparting & ad scheduling ü  http://support.google.com/adwords/answer/2404244?hl=en ü  http://www.amplify-interactive.com/blog/ppc/effective-day-parting-of-pay-per-click-campaigns-with-google-part-2/ www.amplify-interactive.com
  • 7. TIP #6: AD POSITIONING Ads on the top of the search result page typically generate more clicks. That being said, you may not have the sufficient budget to have all the keywords you want in the top of the search results. ü  Find a balance between how much you can bid to maximize your budget, while maintaining a competitive ad position. Many advertisers use automated bid rules ü  One way to make automation is via “Advanced Bid Changes” in AdWords Editor (http://www.google.com/intl/en/adwordseditor/) www.amplify-interactive.com
  • 8. TIP #7: NEGATIVE KEYWORDS Avoid showing your ads to the wrong people with negative keywords. ü  Perform keyword research to determine probablenegative keywords ü  Closely monitor your “search query reports” to find new negatives to add Be careful – don’t exclude any keywords you actually Nope - we don’t sell it want to show up for! Nope - we don’t sell it YES! We sell these! www.amplify-interactive.com
  • 9. There You Have It – 7 Tips To Maximize Your PPC Budget Follow us on slideshare! Please feel free to reach out to us! Email: info[at]amplify-interactive.com www.amplify-interactive.com