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Searching for the Secret to Search Advertising Success?
By Media Brains

How do marketers succeed at search marketing? Open a Google Adwords account, write a few text ads, then sit back and wait for the traffic to flood in. If only it were that easy.

Search advertising can drive an excellent return on investment. The beauty of these ads is that they appear near search results (i.e., Google, Yahoo, MSN), displaying when the buyer is in active research mode – and you only pay if someone clicks. Search advertising's biggest advantage comes from the numbers it generates, and its ability to track customer behavior, replacing hunches with science.

The benefits are obvious, but reaping the return you’re looking for takes time and effort. Don’t be fooled into thinking your search advertising will run itself. The key strategy for successful search advertising is to be tactical. Get ready to roll up your sleeves, put in some time, be meticulous, and stay on top of it. In some ways, it’s like the stock market: the results you want are achievable and can pay off exponentially -- you just have to be diligent about monitoring and acting at the right time. It’s a daily task, not a program you check once a month.

So how do you do it right?

Test and monitor ads. Search advertising offers rapid feedback about what people do in response to certain offers, for a very low cost, in a highly structured format. In mere hours after having established advertising goals, you can do the ad testing that would take days, weeks, or even months for campaigns in magazines, radio and other conventional media. It’s cheap, quick market research, so take advantage of the ability to continually test different ads and concepts.

Refine ads. When testing various phrases and concepts, adjust future ads based on best performance. And if you have several different audiences for your various products or services, develop and change messaging accordingly. Each of your ad buckets can target different buyer groups. Another perk of search advertising’s handiest features is the ability to switch your ad campaigns on and off, so you can take the necessary time to refine and modify without worrying about burning through your budget.

Use the available tools to track results. Each search engine has its own set of reports and analysis tools, to track how you're doing. Learn how to use them, and use them often. Understand how buyers are searching for your product or service, and leverage that information to drive buyers to your business.

Budget wisely. Be cautious of spreading yourself too thin with too many keywords. Remember the 80/20 rule? 20% of keywords will drive 80% of traffic. Therefore, spend 80% of your budget on 20% of the keywords. Another budget tip: be careful not to set your monthly budget too high or too low initially. Too high, and you’ll be out of money before you have time to get through the learning curve; too low, and you won’t generate enough traffic, or have enough hits to split and test keywords. Be willing to put the money in to get the desired results.

Know the rules. Every major search engine offers a paid placement program, but there are different requirements for each engine. Know the procedures, and follow them. Not following proper formats is a sure way to have your ad campaign delayed. Also keep in mind the search engines’ criteria are constantly evolving, so stay up-to-date and know the trends (think stock market.)

Share the knowledge. Your search advertising resource is armed with valuable information, so spread the knowledge. Sit with the developer (and if applicable, copywriter) to review results and plan organic keyword strategies accordingly.

Effective search advertising goes beyond counting click-throughs to include planning, production, reporting and analysis on current, past and future campaigns.

Alongside Search advertising: Directory advertising. Search advertising takes time – there’s no way around it. But there is another highly effective, yet inexpensive method that does not require daily monitoring. A Featured Listing in an Industry Directory practically runs itself. You provide a logo, company message, and contact information, and the ad is live within 24 hours. It costs, in many vertical markets, a few hundred dollars for the entire year, with no set up charges, maintenance fees, pay-per-click costs or minimum monthly expenses.

Like search advertising, Featured Listings target pre-qualified buyers in your industry and produce immediate results. Check results anytime, with the Online Advertiser Center. You’ll also save valuable time by not having to manage daily budgets and not worrying about being out-bid and pushed off the first page.

Working Hand-in-Hand. Search advertising, alongside Industry Directory advertising, are both flexible, effective, and affordable marketing tools, so take advantage of both.

---Source: MediaBrains March 17, 2008 issue at www.mediabrains.com

 

 

 


 

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