Bidding On Keywords
There's a game in town called pay per click,
where you basically put up ads based on certain keywords that
you choose. Each keyword has to be bid on, in other words, how
much money you're willing to pay for each click of your ad
based on this keyword. Seems simple enough on the surface, as
unfortunately most things are. But the truth is, keyword
bidding is one of the most complex sciences on the Internet
when it comes to running a pay per click campaign. This article
will hopefully give you some tips on keyword bidding that will
get you through this pay per click war without losing your
shirt.
The main thing you have to understand about
bidding on keywords is that the amount you're going to have to
bid in order to get your ad seen, depends on a number of
factors. The first of these is how competitive the keyword
itself is. For example, if you are trying to break into the
"make money online" niche, you are going to have to spend what
many consider a fortune on clicks for the most competitive
keywords simply because many people are into this niche. So you
need to understand this up front before you even get into the
game.
There are a number of tools online that will
show you what people are bidding on keywords to get a top
position at Google. You can use these tools to determine if you
want to get into as bidding war. For example, if you know what
your product sells for $27 and you convert 1 in 100 clicks and
your keyword is going to cost you $1 a click, then you know
right up front that there is no point in running an Adwords
campaign for this product as you will end up going broke in the
process. It's just simple math. And, if you don't know what the
conversion is on your product, find out what it is before you
even attempt an Adwords campaign.
The thing that most people don't understand
is that you don't have to have a top position at Google.
Actually, that's the last thing you DO want as the freebie
seekers are going to eat up your campaign funds quicker than
you can imagine. What you want to strive for is to get your
campaign listed somewhere on page one and no worse than page
two. I usually shoot for positions 7 through 12. This way I
spend less on clicks and still get a decent amount of traffic
to my site. It's called smart bidding.
Another thing you want to do is bid on only
the most relevant keywords in your campaign. Bidding on
keywords that Google considers not to be relevant, will bring
your cost per click costs up significantly. By bidding on only
relevant keywords, you keep your costs down.
Bidding on keywords is really a very logical
process. Just keep your eyes on your campaign daily and watch
what Google is charging you per click. Get rid of the keywords
that are costing too much and not performing and keep the ones
that are low in cost and bring you sales.
It's a daily grind, but if you keep at it,
you WILL see results and controlled keyword bid costs.
To YOUR Success
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