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Have you ever had a debate about what your website should look like? What colors, headline, or graphics will be the most effective?
A challenge advertisers face when they begin a new campaign is deciding what their bid prices and ad budget should be.
If you bid too high, you can squander your budget. If it's not high enough, then you're not giving your campaign a chance.
And, especially in today's economy, many business owners look at advertising as an expense -- where money goes-out and you're not sure if it's coming back-in.
What then is the best approach?
First, you shouldn't look at your ad budget as an expense. There's absolutely no reason AdWords should not be accountable to you.
If you're not tracking conversions (which you likely should be), then you can track how long your visitors are staying at your sites and other visitor data to know if you're doing your job (using Google Analytics).
By tracking conversion data, over time, you discover precisely how much each keyword is worth to you.
You then know exactly how much you can afford per click. Any money you do spend is profitable.
Thus, your advertising budget may be limited only so far as you can monitor what's happening.
However, before this data comes-in, there are some guidelines of how much you should spend.
It's important to expect that not every ad you create or keyword you input will be profitable (though research can greatly increase those chances).
In addition, it may take several months to build-up account data for AdWords. Part of how much Google charges you per-click is based on historic keyword data from your own and others' accounts.
This means that you should look at the beginning of your campaigns as a test period. It's a time where you test, tweak, monitor, and continually improve. Whatever results that come-in can almost always be improved upon. You should assign your ad budget accordingly.
When it comes to specific costs per click, it depends on your market. Some markets you might be able to get away with bare minimum bids. Others may cost a lot more.
In addition, sometimes it's advantageous to bid aggressively to grab top ad positions. Other times it might be better to have middle or lower positions.
To decide what you should initially do, study the market. Are searchers likely to do a lot of research (and thus dig-deep into results) or are they looking for an immediate solution? Study what competitors are doing as well.
Eventually, you'll be able to lower your costs-per-click through effective ads, tight ad groups, and targeted landing pages.
Google, MSN, and Yahoo's revenue continue to climb in the 4th quarter of 2008.
Here's what this means to you:
Google recently announced that they are ending their Print Ads program on February 28th with the last ad placements for existing advertisers made on March 31st.
Google's announcement can be read at:
This announcement begs the question of where Google's future focus will be? Will they continue to innovate in other mediums besides the web (including Radio, Television, Mobile) or will they look at more ways to monetize the web, the medium proven to work?
More information and analysis about this can be found at:
Keywords seem simple enough. Just pop-in the ones where you want your ads to show-up for when searchers' type them-in.
However, once you start running your campaigns, you realize there's a lot more to them.
Starting and running an AdWords campaign can be incredibly easy. Just input your keywords and create an ad to get-up and running in 5 minutes from now.
It's not a pretty picture. If you've never had a successful campaign before, it may even cause you to give-up on AdWords.
How people find local businesses is changing. No longer does everybody head straight to the yellow pages to find the local products and services they need. More and more are heading straight to Google.
In addition to searching on Google.com, there is also the rapidly evolving http://www.Maps.Google.com
You can now see a visual of any building on a street level view. Every detail about businesses is given in one place, including reviews, hours of operation, website links, hours of operation, and more.
At the same time, Google shows AdWords ads as your browse:
Imagine if you owned a local restaurant. What would it be worth to you to get your ad in front of hungry customers looking for a place to eat?
This feature is just a small taste of what AdWords has to offer. It's a one stop shop to do all of your local advertising from getting ads on local blogs to offline newspapers, local radio stations, mobile phones, and even television.
Simply put, if you target a local community, AdWords can be a mainstay source of new low-cost business.
Best of all, many local advertisers are afraid of using pay-per-click search engines. Using it right can seem complicated. If they do use it, they often only dabble in it. They don't get the power of it.
This means you as an advertiser can take over. There are a wide-number of techniques you can implement to dominate the local results.
Here are just a few tips for targeting local areas:
Posted in Local AdWords Advertising | Permalink | Comments (2) | TrackBack (0)
Technorati Tags: Google AdWords, google maps advertising, local advertising, local adwords advertising, local business marketing, local pay-per-click advertising, local search, local search marketing, pay-per-click, small business advertising, small business marketing
Success in AdWords is all about knowing your numbers.
If you're not already, you should have AdWord's conversion tracking tool installed.
You can then get more specific data about your keywords in this section, including how long visitors from each keyword stay on your page.
When you input a normal broad match keyword into Google, buyer beware. It's important to always be aware that your ad may show for a wide-range of unintended searches.
By continually adding negative keywords you gain an unbeatable age new competitors can't match. Most won't put in the effort and the rest just don't have the data yet to uncover what their negative keywords should be.

