Search Engine Marketing 101-My Misconceptions Revealed Part IV
Welcome back to our series on pay-per-click advertising and the most common misconceptions associated with the practice. As was mentioned in our previous post, there is a snowball effect when misconceptions build up which, ultimately, deteriorates the quality of your pay-per-click campaign.
Today’s post focuses on setting the budget for Google AdWords and what I like to call budget blunders.
Misconception#3: The wonderful thing about pay-per-click advertising is that it is for all budgets, large and small. Anyone can tailor a pay-per-click campaign to suit their budget and get results.
Setting a pay-per-click budget can be tricky and this misconception is the larger umbrella under which a number of mistakes occur. To begin with, when a person creates a pay-per-clilck campaign and attempts to stay within a modest budget, they often forget that there is a correlation between their keywords and their budget.
For example, if a person chooses to include keywords with a large search volume and they don’t have a large budget, they run the risk of blowing their budget almost immediately, so their ads will only run for a matter of minutes, or hours. Imagine a keyword like “real estate” which is searched for 101,000,000 per day. If your ad is tied to the phrase “real estate”, your weekly or monthlyad budget can be exhausted within one day because of the number of times people search for this term.
Another common budget blunder is when people choose obscure keywords in order to stay within budget. Contrary to choosing popular keywords that break the bank within a day, these people choose their keywords based on “maximizing” their budget on keywords that are rarely searched for. But if no one (or very, very few people) is searching for these terms, their ads will never be seen! It’s kind of like opening a restaurant in a back alley rather than a busy street because the rent is cheaper. It may cost less, but no one will find you.
What I’ve learned: An ad is only as effective as its weakest link. If the foundation is not strong, poor results will be reflected.
So, when it comes to budget, most people follow two extremes. To avoid the common pitfalls associated with setting your budget, you must consider all angles of your approach. Your customers affect your keyword choices, your keyword choices affect your budget. Are you starting to see how the entire process must be built on a firm foundation of understanding? Pay-per-click may require expertise after all.
In our last blog for this series, we look at how people use their limited space in creating an ad in a pay-per-click environment like AdWords. Did you know that placing your company’s name in the ad is a waste of characters? I’ll tell you why in my next post.
Today we’re wrapping up the four-part series on search engine optimization and the common misconceptions associated with SEO efforts. If you have not had a chance to read the previous posts in the series, you can start by going to