The Process of Bidding on Keywords
When using Google AdWords as a part of your advertising campaign, it is essential that you know which keywords are going to make you the most profit. Choosing the right keywords for effective marketing is so important that there are marketers who have made it into an art form. These marketers research the keyword history of the search engines used most by the people most likely to use their products and come up with the keywords most likely to produce the desired result.
Keywords, unfortunately, are not the only deciding factor in the success or failure of a pay per click advertising campaign. The simple fact of the matter is that internet browsers do not have the patience that consumers who are seeing their ads on television or hearing them on the radio have (and that isn’t saying much). Each time that a search is entered into a search engine pages of results appear. Realistically speaking, which of these pages are going to be viewed before the surfer turns their attention elsewhere? The first five, maybe the first ten if they are determined.
Obviously the keywords are being chosen by several dozen, if not several hundred, advertisers. So how is the order of the display of ads decided by the search engines? Each advertiser who uses AdWords is paying a fee each time their ad pops up. While the fee is not a lot of money, the more companies who want these keywords, the more they are going to be willing to pay for them. So the company who is willing to pay the most for their keywords is the one that the search engine is going to have placed at the very top of the first page of any search that is conducted. Since the search engine is going to make their money whether the advertiser makes the sale or not, it only makes sense for them to want to place the ads they are going to make the most money from at the top of the list each time. After all, they are in the business of making money as well, and they want the ads which are going to make them the most money to be seen more.
There is a learning curve when it comes to striking the right balance of bids and keywords. While you are learning this lesson, you will have financial ups and downs. Do not expect a purchase with each click of your ad. The percentage of actual sales is, as a rule, less than ten percent of the people who choose your ad. Anticipating that that will be your sales percentage is an appropriate expectation. With this number in mind, compare that to the price of your product. When you look at this as a portion of your advertising budget, you can then decide what you are able to bid for the keyword.
Anthony Flores of www.attorneymarketingnow.com is an expert in http://www.attorneymarketingnetwork.com and Attorney Marketing Expert. Contact us with proven PPC and SEO results for attorney’s all across the country.
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