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Why I Don't Want a #1 Pay-Per-Click Search Engine Listing
Pay-per-click search engines are backward.
Your site is listed in the search results according to pertinent
keywords and key phrases, but those have nothing to do with the rank or
position of your listing.
Anyone who has the bidding power can effectively buy themselves a #1 position,
but that may not be the position that earns the best bottom-line profit
over the long haul.
Conventional ad writing wisdom is often blown to the wind. In fact, you
may be better off to clearly post your price in your listing.
Pay-per-click is the ultimate concept in advertising cost control. For
each keyword or key phrase that relates to your offer, you determine how
much you are willing to spend/bid for each click-through your site
receives. The higher you bid on any particular keyword/phrase, the
higher your listing will appear in the search results.
From a marketing standpoint that's wonderful, as searchers
who will view your listings will also be more likely to have a valid interest in
your business and your offerings. Pay-per-click search results are, at
least from the better engines, more specific and more targeted than those from
conventional search engines like Google and Yahoo.
But recently we've heard pay-per-click advertising being referred to as 'fool
proof' and 'risk free.' Sorry dear reader. That is far from the truth.
Before jumping into deep water with both feet, we advise that you do your
homework, and arm yourself with some facts. An unchristened foray into Pay Per
Click (PPC) advertising can quickly become a budget-busting money-sucking
nightmare.
In fact, some aspects of pay-per-click advertising seem backward, paradoxical,
almost contrarian in nature. They appear to fly in the face of the principles
that we know work well in other advertising venues. Just keep in mind that
things are not always as they seem. Regarde vous!
Where's the Best Position?
An almost automatic response to that question is likely to be, 'Number One, of
course.' That's because we're programmed from childhood to believe that winners
are the ones that occupy the top of the heap. Not necessarily true in PPC search
engine advertising.
Consider this scenario. You're holding a #1 listing under search results for a
particular keyword. Your offer beats the heck out of all your competitors only a
few lines away. Your price is right, your incentives to buy are great, and
you're locked and loaded for business.
Jane Searcher lands on your listing and clicks through to your page. You pay for
that click out of your bidding fund. Now, Jane likes what she sees behind
your #1 listing, but she continues clicking on down the page to peruse
competitive offers, hoping she will find a better deal.
Ultimately, Jane decides that your competitors don't hold a
candle to what you're offering. She returns to your listing and places an order.
GREAT . . . except that you've just paid for two clicks to get one sale. That
will eat your lunch fast, when you're bidding high to maintain that #1 position.
If your listing had been in position #3 or #4, Jane would have most likely
viewed your competitors' offers first, before coming to yours, clicking once,
and making a buying decision on the spot.
Include Your Price In Your Listing
WHAT? We can't do that! We're supposed to gently and persuasively lead the
prospect into making that all important buying decision, not slam her with a
price up front. Don't we have to spend a minimum of several hundred carefully
crafted words in convincing her of benefits and features before we even begin to
ask for money!
Maybe not. Again, it's contrary but true. Your price, clearly
stated in your listing, will help to weed out curiosity-clickers and
freebie-seekers, thus reducing your cost per sale. Searchers who click through
to your website will know from the start that there is going to be a purchase
involved. The question here is, do you want clicks from qualified buyers, or
from penniless surf geeks?
Bid Lower . . . Not Higher
On a case by case basis of course, it might be in your best interest to bid
lower on a particular keyword/phrase and accept a lower position for your
listing. Keep in mind that one of the primary keys to success with pay-per-click
search engine listings lies in carefully managing your cost.
It does you no good to get 2 fast sales per 100 clicks from a 50 cent listing,
when you might just as easily get those two sales from 100 clicks to a 25 cent
listing. Granted, it may take longer for those sales to occur from a lower
ranked 25 cent listing. Your patience and optimism may be tried sorely while you
wait. But hopefully, your goal is a solid and methodical bottom-line profit, and
not the thrill of the sale at any cost. That goes hand-in-hand with
compulsive gambling.
Pay special attention to the bid patterns on any page of
search results. Often there is a point in the listings where the bids drop off
dramatically, and reasonably good positions are available for a relatively cheap
bid. If the drop-off point is still within the top ten, or even on the same page
with the top ten listings, that may be the place to stake your claim.
Study, calculate, be patient, and make sales.
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