Essential Tips for Measuring ROI of PPC Campaigns
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by: Damian P. Richardson
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Word Count: 540
Date: Tue, 13 Apr 2010 Time: 11:57 AM
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How can you assess the effectiveness of Pay per click marketing tool that plays an important role in your internet marketing strategy? Figuring out the results of your Pay Per Click campaign is a simple procedure that requires only the basic understanding of how SEO and Pay Per Click works and the use of web analytics tools. Here are some tips that you can use to know how effective are the results of your Pay Per Click marketing strategy:
1. PPC has to be integrated with web analytics tool. The author of "Web Analytics: An Hour a Day", Avinash Kaushik, adviced the use of many web analytic tools and to incorporate the PPC data into it so that its effectiveness can be measured. Kaushik specified that access to the backed of web analytics tools is vital to know what is happening behind the scenes (instead of hiring an SEM service for this task).
2. Identify your key performance indicators. Get the specifics on what element generated income for you. Was it the click to a sales page (a lead capture)? Was it the payment for a transaction? Itemizing what the performance indicator is in your Pay Per Click campaign will allow you to assess and track user behavior so that you can focus on what element actually makes you earn.
3. Get to know unique visitor history. The number of unique visitors varies per campaign and it is necessary to know how much you had spent to get them to visit your site, even if they did not buy anything or submit their information. If you know this, then you will find out which part of your Pay Per Click campaign is not working in your favor. When visitors come and go and income is generated, you may be using the wrong keywords.
4. Apply a split test. Online marketers have a technique known as a split test that can identify what are keywords or keyphrases that are bring them the maximum conversions in their respective target markets. A split test can be conducted by running the same advertisement using three different ad service providers at the same time. This will enable your to track clicks, see from where the most clicks are coming from, and pinpoint how your target market finds your website. This data is used to decide which ad service provider will be retained exclusively based on the highest yielding return.
5 Determine your cost per acquisition. Once you know how many people are coming to your website and how many people are converting, you will be able to generate an accurate assessment of the cost per acquisition for your campaign. This is the exact dollar amount it takes to generate a sale. After that, you will be able to calculate the average selling price and take a close look at your ROI.
Figuring out the efficiency of your Pay per click online tool may be time consuming and it is necessary to make some changes as you continue your campaign. But, it is a procedure that most internet savvy marketers do to be able to optimize their ads and achieve the highest conversions from individual Pay Per Click campaigns.
About the Author
Google Advertising is an important resource that most online-businesses can use to attract more sales. Creating quality Google Ads is one of the most important skills to have when using Ad Words - and there are several quality training resources available online.
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