PPC (Pay Per Click Marketing) is where you place a short ad on a search engine or network site and pay only when someone clicks on your ad.
The great thing about this payment model is that you only pay for people actually interested in visiting your site (i.e. they will click through) and you can see from the reports a lot of detail about each click. PPC is one of the most accountable of all marketing spends.
With all the information at your fingertips, there are lots of things you can do to optimise (or reduce) your spend and ensure you are getting the most relevant traffic for your money.
Here is a list of things you should check at least monthly, to ensure your PPC money isn't going down the drain.
1. The Search Query Report (not the keyword report). The search query report shows the terms people actually used to visit your site. Using this, you can find keywords which should be made negative in your campaigns. For example, if you own a shoe store and see a lot of people arriving via the term socks (and you don't sell socks), then maybe you need to add that as a negative keyword. Note this kind of thing shouldn't be a problem if you have exact match keywords, but could if you use broad match.
2. Check your bounce rates against your Ads and keywords - whichever ads and keywords are resulting in a high bounce rate or low time on site need to be reconsidered. Those ads are obviously not targetted to your key market, but they are still costing you money. Try to fix them by making them more targetted, or delete them.
3. Click Through Rate - if you have a very low click through rate, it could be due to one of a few of things, but, if you are ranking well and for the right keywords, a low CTR could be because your ad copy is not enticing. Improve your ad copy, make it more compelling and more professional. Use keywords in your heading and try to identify unique things about your business which means people should click on your ad instead of a competitors.
4. Bidding Wars - The thing with PPC marketing is that it is an auction type process, you bid and you get a placement. The higher you bid, the higher the placement of your ad. For some competitive types, this can be addictive, and they can bid themselves right to the top. The things you need to remember are firstly, top spot isn't always the spot which will get you the most clicks and secondly, you need to question whether that particular term is worth the cost you are spending.
5. Cost per conversion - calculate an approximate cost per conversion for each of your ad groups to see if you are staying within a reasonable budget. For this to work, you need to have Google Analytics on your site, and then you can either use the Google Conversion Optimiser, or create your own. Make sure you judge the costs you are spending for traffic and conversions against what you are ACTUALLY happy to pay for them.
Regular monitoring of your ad words account will mean that you minimise your wasted spend. Don't just set your Adwords and leave it, or you could see your money going right down the drain.






