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Why Use Large Pay Per Click Search Engines?

When you use large pay

per click search engines

you guarantee you are

getting at least some good

traffic, and that your

business model is scalable.

Smaller engines provide

slower feedback loops, and

some may not even

provide quality traffic.

The results will be scaleable.

The feedback will be quicker.

They offer many great tracking and targeting features free.

Larger pay-per-click search engines generally present higher quality traffic

and are less susceptible to fraud.

It is less complex managing two or three accounts versus 100 accounts.

It’s easier to track the ROI on 2 accounts than on 100 accounts.

Many of the extremely small search engines never have real traffic. You

are wasting your time registering with them.

Even some of the better second tier search engines may waste a big hunk

of change. In early November 2004 I tried using LookSmart. It sent me

twice the traffic as Yahoo! Search Marketing and traffic from LookSmart

had a 95% bounce rate. That means that 19 of 20 site visitors from

LookSmart immediately left and I paid for garbage traffic. The quality of

traffic from smaller engines will vary from term to term, but its best to go

with the biggest guys off the start, and then, if you have spare time, try

some of the smaller engines.

Case Study: the Ignorant Bidder

If a term does not convert well for you then it may not be worth it to rank near the

top for that term.

7 SEO BOO K

Not too long ago a person was bidding on an eBay ad for “SEO Book” at over $1 a

click. Assuming I can get a 1.5% conversion rate I can afford to pay that much, but

this person was just throwing away their money.

Just to test the waters I placed my ebook on eBay and it did not go for anywhere

near what I usually sell them for.

I find it hard to believe the person who was bidding a dollar a click was making any

money. They later lowered that bid to 21 cents. In some markets there will be

dumb companies that rotate in, lose money, and then go bankrupt. By the time they

go bankrupt others may soon take their money wasting market position.

Some terms are not worth buying at the price the keywords go for. And if they are

valuable they may have more value at a lower position.

Landing Page Tips:

Conversion is a large part of how successful a pay per click campaign is. A few tips

to improve landing pages:

Remove navigation: unless it is necessary remove other options. Let

people do what you want them to do, and don’t give them many other

options.

Make link text appealing: people tend to glance over copy instead of

deeply reading every word. Since links are action points people tend to pay

more attention to link text. Make sure link text is appealing since it is far

more likely to get read than most of the page copy.

Give them a clue they have found the correct page: Place the words

they searched for in large text at the top of the page to show them they are

in the right location. If you are a large merchant with many products maybe

use something like ‘search results for: their search term’. Typically it is best to

point people at a landing page instead of the home page.

Other ideas: some of the other concepts listed throughout this ebook

(such as using short paragraphs and concise subheaders) also apply to

landing pages. Corey Rudl constantly retested his landing pages. You can

learn a good amount by seeing how he changed his landing pages over

time, by looking through how they changed in Archive.org.

MarketingSherpa also has a landing page handbook for sale.

Yahoo! Search Marketing

How Does Yahoo! Search Marketing Work?

Yahoo! Search Marketing is a large pay-per-click search provider. You write ads for

your web site, and they appear in the search results and content sites with ads

delivered by YSM. Before the end of 2006 most keywords were editorially reviewed

prior to appearing in search results, but with the launch of their long awaited

Panama platform most keywords are automatically approved and running within a

couple minutes.

YSM Stemming

YSM also truncates search terms for ad targeting, so book and books are treated as

though they are the same keyword phrase.

YSM Advanced vs Standard Match

YSM typically places standard match listings above advanced match listings if the

advanced match listings are not as close of a match as the standard match. This

means that if you bid on the exact term that someone is searching for you, will rank

above ads that are matched via broader matching options.

If you bid ten cents for best seo book and someone else bids 25 cents for seo books

your best seo book ad will show above theirs if someone is searching for best seo book.

At the end of 2006 Yahoo! aimed to make their platform less transparent, so how

they mix matching types may change over time.

YSM Bid Prices versus Click Costs

With YSM, you pick a maximum bid price and your bid will never exceed that.

Their software has a bid discounter built in, so oftentimes your average bid cost

may be less than your bid prices.

Prior to the end of 2006 YSM bid prices were transparent, which meant you could

usually see exactly what your competitors were bidding at any given time. With the

launch of the Panama platform Yahoo! no longer shows exact bid prices but bid

ranges, estimated clicks, and estimated share of clicks.

Please note that their estimates are just estimates, and that by adjusting your ad

copy relevancy and appeal you can drastically alter your click costs and traffic

volumes.

If you use appealing ad copy an ad at position number 2 or 3 may get

more clicks than an ad at position number 1.

Relevant ads that get clicked often are given a higher quality score. Ads

with a higher quality score are given a discount for their relevancy,

since search engines make more when searchers click on more ads.

Bid Jamming

Once the new Panama system is live bid jamming may no longer be possible, but

this explains how the process worked.

In some niche markets, there will only be a couple people who place exceptional

value on ultra-qualified leads. For example, a Chicago DUI attorney may bid much

higher for the term Chicago DUI attorney than a general nationwide firm would. If

there are only a couple competitors in a market, it is not uncommon for the top

few bids to be $5 or $10 while the rest of them are around 25 cents or less.

For example, if they bid $10, you can bid a max bid of $9.99. If the third placed

person is only bidding 25 cents, your clicks will cost you 26 cents each while

ensuring your competitor pays a full $10 per click.

Of course you want to monitor your accounts closely if you are using aggressive

bidding techniques or bid jamming people. Some competitors will be stupid and let

you take their lunch money. Others may be smart and readjust their bids to bid jam

you. Some will go so far as click fraud, so you need to watch your account closely if

you are bidding aggressively in competitive markets.

By default, ads are widely matched and syndicated to the content network, so if you

bid high on the search network make sure you check the content network ads and

bid lower on those. It doesn’t take too many $10 content clicks to come in to make

for a bad day.

YSM Programs:

YSM offers a $10 bid bonus when you open an account, but has a $5 startup fee

(which is converted to click credit), and it has no monthly minimum spend. They

also have a FastTrack program where their account representatives will set up your

account for a one time $199 fee. I recommend taking the time to set up your own

account. You know your products better and are more interested in your own

success than some random YSM editor is, they are more interesting in ensuring you

spend as much as you are willing to.

YSM offers a local product called Local Match, which allows you to target your ads

from a .5 to 100 mile radius of your business location. The Local Match product

requires that you have a business with a physical address, but it does not require a

website. These ads give driving directions to your place of business. Local Match

ads show up in the same location where other YSM ads appear.

YSM also offers a paid inclusion program by the name of Search Submit Express

(which I generally consider a waste of money for most websites). Search Submit

Express gives your sites 48 hour refresh throughout the Yahoo! powered search

products. SSE is a one time $49 review fee and also has an incremental cost per

click. SSE is good for sites which:

are rapidly changing

or are having dynamic indexing problems

or need indexed quickly

or need the associated tracking offered by Search Submit Express

Free Yahoo! Search Marketing Tools:

Yahoo! offers a suite of tools to help their advertisers set up their accounts.

SEO Book Keyword Research Tool: cross references the Yahoo!

Search Term Suggestion Tool, all the Google keyword research tools,

and many other keyword tools

(http://tools.seobook.com/general/keyword/)

Yahoo! Search Term Suggestion Tool: shows the frequency of

searches across the YSM network for the prior month

(http://inventory.overture.com/d/searchinventory/suggestion/)

Yahoo! View Bid Tool: shows the highest bidders for a specific

search term. Please note this tool will be shut down in December of

2006.

(http://uv.bidtool.overture.com/d/search/tools/bidtool/?Keywords=

casino&mkt=us&lang=en_US)

Yahoo! Advertiser Workbook: free downloadable e-book released by

Yahoo! to help you get the most out of your YSM campaign

Yahoo! Panama Preview: Video previewing the new Panama

platform.

http://searchmarketing.yahoo.com/rc/srch/tu_htnya.php

YSM Search Term Suggestion Tool Errors:

YSM truncates their search terms. While the plural and singular versions of search

terms will greatly differ in search volume YSM just lumps them together.

Please note that the Yahoo! search term suggestion tool tends to run high on highly

commercial terms since many automated bots and bid managers scour through

their partner network. Here is an example keyword research search for S.E.O.

WordTracker tracks click data from the meta search engines by the name of

Dogpile and WebCrawler. Since WordTracker makes their money by selling data

versus clicks you can usually expect more legitimate traffic measurements using

WordTracker. Digital Point created a free keyword suggestion tool which compares

both traffic estimates.

KeywordDiscovery.com and GoodKeywords.com are two additional useful

keyword research resources.

When doing pay per click advertising deep keyword research is a fundamental part

of most successful campaigns. Many of the keyword research tools are top heavy

(only showing the most common terms), but Yahoo! and Google both have

enough traffic to give deep keyword research results. WordTracker has a few cool

features called lateral search and thesaurus which help you find similar keywords. I

tested many of the keyword research tools and WordTracker is generally the only

traditional keyword research tool I feel is worth paying an ongoing subscription for.

Another option to finding deep keyword data is to run a broad matched Google

AdWords ad (AdWords and matching options are discussed later in this chapter)

and mine keyword data from the referral strings. Make sure you watch your budget

closely and use negative terms to filter unwanted traffic if you use this technique.

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