Have you heard
saying, "planning is everything?" Perhaps there is some truth in that saying so let’s discover how to successfully plan your pay-per-click campaign.Let’s keep this simple and create a list of required tasks to successfully plan your pay-per-click campaign. These are:
1. Determine your product’s Unique Selling Proposition. 2. Define your pay-per-click campaign’s goals and objectives. 3. Decide
starting and ending dates for
pay-per-click campaign. 4. Establish
click-through rate target for your pay-per-click ads. 5. Set
conversion rate target for your pay-per-click ads. 6. Define your budget for
pay-per-click campaign. 7. Establish your ROI or Return on Investment goal for
pay-per-click campaign. 8. Determine
value of each keyword phrase. 9. Plan how to measure your pay-per-click campaign results.
Task number one is determining your product or service’s Unique Selling Proposition, or USP. What is a USP? The USP clearly answers
question, "Why should I do business with you instead of your competitors?" Your organization needs to stand out from
crowd! This could relate to
services or products provided, guarantees offered, delivery mechanisms used, complementary services provided, pricing or any attribute associated with your business.
Identify your organization’s uniqueness since it is pointless promoting cheap prices if everyone else is promoting
same. If everyone were offering cheap prices you would be better off promoting higher prices for providing better quality and service as long as you are delivering better quality and service. An articulate USP assists in defining
focus and selecting
keyword phrases for your pay-per-click campaign. For example, if your USP is focused on quality and service perhaps you would avoid a keyword phrase containing
word “cheap” but rather include words denoting quality.
Task number two is defining
campaign’s goals and objectives. Typical examples might be: increase web site traffic X percent, acquire X number of new business leads, obtain X number of new customers or orders per day, achieve X sales revenue dollars per time period, etc. Whatever you set as your goals or objectives you must be certain they are quantifiable and measurable in order to determine
success of your pay-per click campaign.
Task number three is deciding
starting and ending date of
pay-per-click campaign. This is a major benefit to pay-per-click campaigns since you have
ability to turn a campaign on and off at your discretion. As an example, you could create a campaign promoting National Nurse’s Week or something similar with discounted sale prices supported by advertising coop funds provided by
product’s manufacturer.
Task number four is establishing
click-through rate target or goal for your pay-per-click ads. The click-through rate is
number of times
ad is clicked versus
total number of impressions. One impression is a one display of
ad. In general, click-through rates range from 1% to 5% of
number of impressions. The formula is:
Click-Through Rate % = Total Number of Ad Clicks / Total Number of Ad Impressions * 100
Task number five is setting
conversion rate target or goal for your pay-per-click ads. A conversion is a measure of searchers clicking on
ad and taking
next step or call to action such as a purchase, registration, subscription, etc. The conversion rate can be measured versus
total number of ad impressions or total ad click-throughs. It’s your choice; but, most organizations measure it versus
ad click-throughs. Conversion rates range to all extremes but a good target might be from 5% to 20% of
number of ad click-throughs. A quick view of
formula is: