Google's AdWords Select(tm) Groundbreaking Program (Part 3)
Dynamic Ad Placement
Google’s unique AdWords Discounter keeps track of your costs per click versus your competitors. You select the maximum amount you want to pay for your keywords and the ranking algorithm keeps track of your keyword costs, ensuring you only pay one cent above the CPC (”Cost per Click”) cost you specified when you setup the campaign versus your competitors.
Setup Process - Sponsored Link Ad and Keywords
AdWords Select is based upon driving highly targeted traffic to a web site via a set of keywords that are selected via Google’s account management interface. There are two primary components to the setup process, creating your “sponsored link” ad and selecting your keywords. You start by creating a “sponsored link” ad that is subsequently inserted into Google’s search results on the right hand column - targeted by keywords that you have selected. It only takes a few minutes to have your campaign go “live” after you’ve completed the setup process.