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Adwords...Things You Should Know

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Posted 2nd January 2012 at 05:09 AM by Amor

Terms you should know:
SERP - search engine results page
ROI - return on investment
USP - unique selling proposition
CTR - click-through ratio
CPM - cost per thousand (impressions)
PPC - pay per click
widget - a hypothetical product
conversion ratio - a percentage of leads that perform a desired action (sign-up, sale)
attribute - a specific visual or conceptual element of a page, an ad creative, or a sales
letter (used in fine-grained performance comparison testing)

Keep those statements in mind while reading...
  • Your ads need to rank as high as possible on the list; above your competition,if possible.
  • You need to pay as little as possible for each click, while ranking high.
  • Your targeting must be as strict and narrow as possible.
  • You need good ad copy to attract the "right" audience.
  • Your ads must have high CTR.
  • You need high conversion ratio.
  • Your site must sell better than your competitor's site.
Here is a basic plan:
  • Find a a promising keyword.
  • Test and track to maximize your profit for this keyword (think conversion and marketing costs).
  • Narrow it down and split into multiple keywords if you have to.
  • Make this keyword / ad / sales copy combination produce $10/day of profit after all marketing expenses.
  • Wait for the local marketplace for that keyword to settle after your entry.
  • Learn and understand what you did and how you did it.
  • Rinse and repeat.
That's right. All you need is $10 per day of profit per keyword.If you get 10 such keywords, that's $100/day.
With 100 keywords, that's $1,000/day!
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