Paid Search Advertising that Delivers Maximum ROI (Part 7)
* Choose the best position for your advertisement
To be listed first on the search results is not always a smart move. It certainly helps to attract lots of visitors, but may cost you lots of money at the same time. People usually visit first 5 top listings before making a final decision about their purchase. Therefore, it is more profitable to have lower ranking for highly competitive keywords.
3. Managing PPC Advertising Campaign
You have designed a killer selling ad copy, chosen highly targeted keywords, calculated the maximum you can afford to bid on each of search terms and determined which spot on the search results you wish to secure. Yet, there is no guarantee that your ad always remains on your desired position.
The key to managing the desired position is to adjust your bids correctly in accordance to the PPC market conditions. It’s like monitoring shares on the share market — to get the best deal you need to constantly watch prices and react immediately to any change.
The main factor influencing the price of the bids and your position are your competitors. Let’s make few examples of bidding strategies you can consider using in your PPC campaign: assuming, your maximum cost per click is $1.00 and your goal is to secure position #3 at the most effective cost.
