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Paid Advertising: How to Use Ads Effectively
You have encountered these advertisements — the top search results, followed by an "Ad" icon. The categorization varies, but what about the utilization itself? What is PPC from a practical standpoint? These and other questions are discussed and solved by the expert team — join in to delve deeper and understand the nature of paid advertising better. Onwards!
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- Joseph S. KahnPresident of Hum JAM
What is Paid Advertising?
Entrepreneur, helps B2B companies shorten a sales cycle
Advertisers have the advantage of to sell towards an audience that needs a particular product/service. Take the pandemic as an example, masks were advertised to different organizations, institutions, and so on, because a need was there.
- Display ads are created based on particular keywords aligned to the hosting portal's subject matter and displayed within apps, videos, and website banners.
- PPC ads — the pay-per-click promotion model drives on-site traffic through the number of visits through the published link.
- Digital advertising on social media — the main peculiarity of the method is that social media channels are hosts of advertising links.
- Video advertising — this subtype is highlighted separately for ads shown on streaming platforms like YouTube and Vimeo.
- Remarketing/retargeting — one of the most efficient and confusing styles — we will explain it later.
- Native ads — promoted listings, search and in-feed ads, as well as recommendation widgets, form this paid promotion model, where the advertisement design fits the content style and functionality of the hosting platform.
- Influencer marketing — brands can pay well-known social media or related individuals to promote their goods through testimonials.
Benefits of Paid Promotion
- The industry click-through rate is 10-11% on average, so a dream CTR for companies would be up to 12%. However, this efficiency is close to extremes. The rate might fall to 4-6% and more. All things considered, it is best when your CTR isn’t lower than 6-7%. The typical rate for paid ads displayed in the top spot of the search feed is around 8%, while lower ranks for positions 6-10 might be only 0.2%.
- Nearly half (46%) of the surveyed audience could not tell the difference between paid promotions and organic results on the page.
- The return on investment for pay-per-click ads is around 200%.
- Instant results — unlike organic methods, advertisers immediately get the first results of their marketing PPC efforts.
- High scalability depends on your project budget, but paid promotion activities have fewer limitations than organic marketing.
- Measurability — you get access to detailed analytics, which lets you understand your marketing campaign's genuine efficiency.
- Advanced targeting — paid advertisement provides multiple target options.
Platforms for Paid Promotion
- Google Ads;
- social media advertising on Facebook, Instagram, Twitter, Snapchat, LinkedIn, TikTok, etc.;
- Microsoft Ads (former Bing Ads);
- Quora;
- Airpush or Google AdMob;
- Yahoo Gemini and so on.
Internet business consultant, (SEM (SEO/PPC)
CM & SMM, with UX, CRO & ORM)
You also have to look at budget and pricing — not all vendor platforms are for all budgets. Then it's the type of advert-supported, some don't really do "media". Then you should check their tracking/reporting, some are better than others.
Entrepreneur, helps B2B companies shorten a sales cycle
Normally you aim for a message that'll deliver your desired outcome. It's in your best interest to focus on the outcome. A video is your way to go if it's a complex product. Quality matters & keep it short.
Effective PPC: Steps to Follow
Know Your Audience
Do Keyword Research
Internet business consultant, (SEM (SEO/PPC)
CM & SMM, with UX, CRO & ORM)
There are plenty of reasons why your advertising campaign can fail, but the big ones are:
1) Poor location/network choice (no audience).
2) Poor creatives (no resonance/grab).
3) Not sustained (ads seldom convert on first view, etc.)
4) Bad timing (events competing for attention, etc.)
Create Effective Landing Pages
Entrepreneur, helps B2B companies shorten a sales cycle
Mainly you are looking at the end objective. Is it sales, leads, or “Awareness”?
If it's sales, what's the peak point you're looking at?
If it's 50 sales a day, Where are they happening from?
If it's your landing page, what's the plan?
What you'll find out most of the time is that your current objective might not be suitable for your product or service in the long run. With the example above, awareness might be more suitable for your SaaS product rather than direct sales due to your cycle. Put some extra time into creating this roadmap, and you'll save tons of wasted dollars and useless conversions.
Landing pages are great delivery means for your call to action — you encourage users to take particular actions, like visiting the official site or downloading e-book freebies.
It is a great way to track the quantity and quality of daily visits. This will contribute to your analytics and upgrade your PPC campaign in the long run.
Create a PPC Funnel
Social Media and Community Specialist at Serpstat
How do you choose the paid creatives to use?
Hit them in the right place of the funnel.
Answer a few questions with your ad creative:
— Why should customers use this product?
— How is it different?
— Why do you need it?
— How to use it?
— How will this solve your problems?
Include that in the creative but make it simple to catch :)
Set Funnel KPIs and Objectives
Internet business consultant, (SEM (SEO/PPC)
CM & SMM, with UX, CRO & ORM)
Same answer as always. I work it backward from Business to Campaign (though the end metrics will vary by Goal and Platform/Vendor):
- Goal (typically Money);
- Revenue;
- Profit;
- Conversions;
- Conversion value;
- Leads;
- Clicks;
- Interactions;
- Impressions/Views.
But other goals may require additional work, such as follow-up surveys, for checking awareness, sentiment, etc. Or looking at other data sources (such as if there's an increase in brand searches, social follows, etc.).
- how much time users spend on your site;
- impressions;
- how reachable your site is;
- CPM (cost per mille);
- bounce rate.
Entrepreneur, helps B2B companies shorten a sales cycle
How do you plan the budget for the paid promotion? What's the cost of your product/service? Then divide it by half the balance is your ad budget daily. The Algorithm mostly delivers the Ad to a network similar to your Ad spend. Assuming your SaaS software costs around $99, you should spend half of it on Ad.
Personalize Your Tactics for Each Funnel
Entrepreneur, helps B2B companies shorten a sales cycle
Your organic traffic reinforces loyalty towards your brand.
Your paid Ads amplify your rankings above all and new traffic.
Thus, your SEO journey is covered.
The same is valid for keywords — you have to switch them by transferring them to the next phase of the funnel. Otherwise, you risk lowering ROI and other related issues.
Track Your Results
Retargeting and Remarketing
Social Media and Community Specialist at Serpstat
Ads are measurable. A paid advertisement's cost depends on its objective or type. There’s retargeting available, and it increases retention. Retargeted ads will show highly relevant ads to continuously engage your prospects who have shown an interest in your product or service that otherwise could have slipped away.
Paid advertising helps you reach a defined audience quickly and allows you to provide specific targeting for improving your brand and generating more qualified leads.
- Retargeting essentially makes use of PPC campaigns to repeatedly involve former users of their social media or website interfaces.
- The marketing purpose of retargeting is to get users to return to your website and make a purchase to increase conversions.
- The task of remarketing is to re-engage clients who have already used your company’s services.
- Re-engaging customers in the framework of remarketing is more lasting — to maintain their interest in your deals, motivate them to convert, and increase CLV (the total amount of financial expenditures of a customer for your goods/services throughout their interaction with a brand).
PPC and SEO for Better Promotion
Entrepreneur, helps B2B companies shorten a sales cycle
Does paid advertising help SEO? Without a doubt, it does. Do a quick search on Google. When you come across the same brand ranking No.1 on the organic and No.2 on the paid, that shows a balance. That should be your direction.
Internet business consultant, (SEM (SEO/PPC)
CM & SMM, with UX, CRO & ORM)
Ads get seen/heard and may increase in searches (brand/product/service etc.). Search Ads may also lead to increased CTR on Organic listings (there seems to be a psych/trust aspect).
Depending on the nature/media of the ads, you can even direct them to search for specific terms, lookup a set URL, etc. Those sorts of things don't technically increase your SEO (as in rankings), they can improve your traffic/impressions/CTRs).
- when your purpose is to establish an authority website;
- when trustworthy, consistent, and dependable efficiency is your goal;
- when you are interested in enhancing the worth and popularity of your domain.
Social Media and Community Specialist at Serpstat
I believe that PPC can influence SEO indirectly. This can improve behavioral factors if we do it right.
- when you desire highly-targeted conversions and traffic;
- when you want to monopolize the target keyword category and, therefore, reach out to your audience in a more customized way;
- when your site isn’t content-rich but still requires online promotion and more engagement with end users;
- when your focus is on urgent tasks, including sales and other time-sensitive deals;
- when you desire instant efficiency and changes in the traffic of your site.
Internet business consultant, (SEM (SEO/PPC)
CM & SMM, with UX, CRO & ORM)
That depends entirely on the business and the market. I know a lot of folks push SEO as being an investment etc., but it's still an expense, and some businesses do not need it (or only need certain aspects). The reality is — Ads may be enough.
But, in the main, for many others… both. You can start with Ads as a way to research/test/learn and guide SEO, or as a way to hold over the short term while SEO gains ground, or pair the two (esp. if running ads elsewhere, not in the SERPs).
Conclusion
This isn’t a reason to believe your business can survive and succeed on paid marketing only. The best way is to combine PPC and SEO strategies to rock it. Paid ads and SEO will work for your short-term and long-term online presence efficiency. Similar to investments in the stock market, you have to diversify your promotion tool selections to achieve the desired return.
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