Dominating PPC: How Your Small Business Can Outcompete Big Brands
Here are a few tips that will help you compete with and even beat industry leaders in PPC.
Monitor your competitors regularly
Now, you say: "This doesn't make any sense. They hire well-versed marketing experts and allocate huge budgets to their PPC campaigns."
And, I say: "This is exactly why you need to monitor them."
Let's say you're selling quality furniture. Sure, you can never compete with large brands like Ikea, but you can always see what strategies they use to attract customers. This doesn't mean that you need to replicate their entire PPC strategy. After all, you have neither resources nor experience to do so. But, you can always see what works for them in general and then set up a strategy that would work for you.
If your major competitor offers free shipping, free installation or the discount of 40% on some of their products, what are you waiting for? You don't have to give the same discount on the same product, but you need to create some incentive that will grab a searcher's attention and inspire them to click on your ad.
Keep track of your major PPC metrics
The most important KPIs you need to track during your PPC campaign are:
- The Click-Through Rate. This is one of the simplest metrics, indicating how many people clicked on your ad after noticing it. Out of 100 people who saw the ad, if 15 of them clicked it, it would simply mean that your CTR is 15%
- The Cost-Per-Click is rather a simple concept- you pay for each click on your ad. It helps you determine how much you want to spend every time someone clicks on your ad. And, how much you will spend depends on various factors, such as the volume of the keywords you use or the quality of your ad.
- The Conversion Rate. Getting people to click on your ad and visit your site is important, but it's pointless if you don't inspire them to take the desired action. This is why the average conversion rate is one of the most important metrics. Similarly to the metrics mentioned above, this KPI depends on a wide range of factors, such as your industry, the quality of your ad, the relevance of your product to a visitor, and the overall quality of your site.
- Average Cost-Per-Action is the average sum of money you will spend to acquire a paying customer. Your CPA shows you if you're generating ROI with your campaign and tells you how successful your campaign is.
- Quality score is invented by Google. Namely, based on your CTR, ad relevance, and landing page quality, the search engine rates your ad on a 1-10 score.
Optimize for keywords organically
To get the most out of your keyword targeting, you need to put yourself in your customers' shoes and consider what phrases they would use to find a business in your niche or a certain product. This is where long-tail keywords shine. Even though they have a far lower search volume, they are highly specific and will drive lots of qualified traffic to your site that may result in a conversion.
Let's stick to an example of a furniture store. By targeting "buy dining set online" instead of just "dining set," you will address a specific group of people who want to order a dining set online, meaning that you are closer to getting them to make a purchase.
Emphasize your competitive advantages effectively
Above all, use this space wisely. Keep in mind that we're living in the world of self-proclaimed experts. So, emphasizing the years of your experience or calling yourself an industry leader is not enough to stand out. You need to brainstorm what really sets you apart from the rest of the businesses in your niche. If you are a local, family business, you provide free shipping, have an awesome customer loyalty program, or offer free onsite consultations- you could add that to your list of advantages.
Your site needs to be legen…wait for it…dary
I like to say that your website is what identifies you in the digital sphere. It tells your visitors who you are, how professional you are, and what makes you special. Your site also tells your potential customers about what your customers love about you and why they should choose you over your competitors. This is why you need to optimize it properly.
- Optimize it for mobile searchers to boost their overall user experience
- Offer a simple navigation menu, internal links, sitemaps, CTAs and easily visible search box to help your users find their way while browsing through your site
- As for design, choose pleasant colors and bold fonts to boost the site's overall appeal
- Update your information regularly. For local business, the correct NAP information is a must
- Have a blog and share quality content regularly. This is the most powerful way to position yourself as an authoritative source of information and show that you know what you're talking about
- Make your content readable by adding lots of white space and breaking it up into logical segments. Most importantly, make it engaging and interactive. Add gorgeous visuals, create infographics, videos, and quizzes to keep a reader interested
Consult PPC professionals to help you
This is why numerous small businesses decide to consult PPC professionals to help them with their strategy. Of course, large advertising agencies are out of your league, but you can still hire a smaller, reliable PPC agency or even a freelance PPC expert to help you. Maybe when you join your forces, you will be able to create a PPC strategy that will catapult you right in front of the right customers.
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The article gives a good insight on how a small organisation can compete with the Biggies.
I would not say that I find it useful. Few general phrases like "monitor you competitors" and "use PPC wisely" is too broad. What I was expecting from the title of the article is to find more specific tips.
First I thought I would share it with my mates, but when I finished reading I thought that noone would understand why I want them to read it.
Thank you for your opinion, we'll take it into account! ;)