How To Be Successful With Pay Per Click Advertising
Pay per click, better known as PPC, is a form of internet advertising in which advertisers pay only when their ad is clicked. Business owners who use the PPC model are happy because they don’t want to pay for those viewers who don’t take action. If they don’t click, the advertising is free of charge. Nonetheless, this can be tricky, as you may waste a lot of money on PPC campaigns that don’t convert well.
For instance, if it costs you $100 to attract 100 people to visit your website, you are going to be profitable only if the total profit you make is higher than the $100 you have spent. If your net profit per sale is about $5, you are going to need at least 20 sales, to break even. If you can’t make this number of sales out of your 100 visitors, you have to consider lowering your bids, as you can’t afford to pay this much for your traffic. Beware that you need to take into consideration your net profit, which is the money you are left with after you pay your employees, your bills, and your tax. If you make the mistake of using the gross profit when you calculate your bids, you are going to lose money without even realizing it. This is the difference between winners and losers in this internet advertising game, and this is also the reason why so many internet marketers fail. Top Philadelphia SEO consultants can help you with your PPC needs. Getting website on search engines is a key to a successful campaign.
On the other hand, by lowering your bids too much, you may notice a decrease in volume. You are going to be profitable, but you won’t have a good potential to put your offer in front of too many eyeballs. This is the other extreme of the bidding scale, and it is also bad for you. Your ultimate goal is to find the right bid value that can bring you enough traffic to generate the needed number of sales. A profitable advertising model you can scale is your best recipe for success. However, finding this golden bid is a matter of trial and error. You can take into consideration some statistics, as they usually prove to be right. However, you can’t know the exact numbers that apply to your specific campaigns unless you are willing to test and tweak your ad copy and your bids until you reach the best CTR and the best conversion rate. Check this Facebook page for seo consultant service located in Pennsylvania.
This is how you need to do the math when you decide how much you can afford to pay for one click on your ad. Also, you have to stay alerted and track everything very carefully. Sometimes, one small word can boost your conversions. However, if you don’t split test your ad copy, you may never discover this note. Pay per click advertising can be a very successful model, as it enables marketers to earn money from the very first day of their campaigns. Nonetheless, it has to be done right, or profit won’t be there.