Google Adwords - Online Riches Without Owning A Website Or Product! (Part 5)
Now let’s have a look at your potential profits. A good sales page might get a return of 2% - 3%, ie out of every hundred clicks 2 - 3 will be converted into sales or sign-ups. So if you are promoting mortgages, out of the hundred clicks for your $5.00 outlay you could expect two or three sales, ie a return of $100 - $150.
Realistically though you would be doing very well to pay as little as $0.05 per click for a market as crowded as mortgages, you would most likely have to bid up considerably higher. But even at $0.50 per click, you would only be paying $50 for your return of $100 - $150 in the example above, still a very healthy profit margin.
Obviously the more popular the keyword or phrase the higher your bid will need to be to secure it, so you will find that phrases like ‘cheap mortgages’ or ‘best mortgage deals’ will be very expensive but will attract a lot of traffic.
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This article was written by Ian McIntosh, author of Introduction to Google Adwords.
Please feel free to include it in any ezine or website as long as it is published intact.
For the whole story on how you can get started making money with Google Adwords, go to http://www.worldofebooks.com/introduction_to_adwords.htm
| Ian McIntosh is the author of several business articles and ebooks, and is the owner of www.worldofebooks.com. |
