| I discovered pay per click marketing in
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| | advertising channels...expensive,
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| late 2001, launching my first campaign
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| | inflexible, and a return on investment
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| with Google Adwords. At the time, I was
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| | that is difficult to measure.
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| managing a search engine optimization
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| | Furthermore, successful marketing through
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| (SEO) project for an industrial controls
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| | tradeshows and trade journals depends on
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| manufacturer and immediately recognized
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| | a wealth of skills and expertise that
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| the potential of this new channel.I
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| | often cost money. Whether these
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| opened a Google Adwords account, compiled
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| | additional costs come in the form of
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| a list of keywords, and developed a small
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| | sales training or graphic design and
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| group of text ads. Within five minutes of
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| | copywriting services, the end result is
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| my campaign going live, the four lines of
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| | stiffer marketing costs, coupled with
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| text that I had crafted into an
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| | poor ROI tracking.What can an industrial
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| advertisement were appearing on the right
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| | manufacturer to do about escalating
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| side of Google's search results. More
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| | marketing costs and aggressive
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| importantly, targeted visitors began
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| | competitors? I can think of three words
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| trickling into my client's website; the
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| | for you - Pay Per Click.Coined by sales
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| power of this marketing platform really
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| | professionals as the purest form of
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| struck a chord with me. I had achieved
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| | direct marketing, pay per click
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| visibility on Google's highly coveted
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| | advertising addresses industrial
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| first page using the same keywords being
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| | manufacturers' three biggest concerns -
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| optimized through my "natural search"
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| | cost, feedback, and return on
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| project.Let me distinguish between paid
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| | investment.With pay per click
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| listings and natural search listings - I
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| | advertising, industrial manufacturers can
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| am not suggesting that they are equal in
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| | regulate their marketing spend on a
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| value, but rather competitive in value.
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| | daily, weekly, or monthly basis. Preset
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| Natural listings enjoy a higher perceived
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| | budgets make it easy to control costs and
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| relevancy in the eyes of search users;
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| | establish a baseline for measuring return
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| however pay per click advertising, when
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| | on investment. When advertising through
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| managed properly, affords businesses
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| | the Google or Yahoo paid search network,
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| immediate penetration into desirable
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| | return on investment is easily calculated
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| search engine result pages (SERPS).
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| | through comprehensive reporting that
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| Additionally, paid search marketing is
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| | provides all of the information required
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| much more flexible in its approach to
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| | to make smart decisions about how and
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| targeting markets and budgeting for
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| | when to optimize ad dollars, driving more
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| return on investment.Search engine
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| | leads, requests for quote, and sales.The
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| optimization is a valuable strategy that
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| | difference between pay per click
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| can deliver a strong return on investment
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| | marketing and tradeshows or trade
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| when properly managed. Businesses can
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| | journals is the extraordinary control
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| cultivate a web presence that organically
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| | available to the advertiser. An
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| ranks high in the search engine results
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| | experienced pay per click manager can
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| pages, delivering requests for quote and
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| | manipulate the quality and volume of
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| product sales. By the same token, the
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| | search traffic that is driven to an
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| effective implementation of SEO is a long
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| | industrial manufacturer's website.
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| term strategy, often requiring months of
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| | Through keyword research, targeted ad
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| development and significant project costs
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| | copy, and an effective display URL, pay
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| before a return on investment is
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| | per click managers can "choose" the
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| realized.Pay Per Click marketing on the
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| | audience seeing their advertisements.
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| other hand is completely measurable,
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| | Furthermore, they can determine the price
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| making it possible to monitor
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| | (value) of each prospect clicking through
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| profitability on a real time basis.
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| | to the company's website, relative to the
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| Furthermore, the pay per click model
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| | product or service being offered.At the
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| enables marketers to revise their
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| | end of the day, it boils down to simple
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| advertisements, budgets, and target
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| | math...lets compare tradeshows and trade
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| audience(s) on a real time basis. This
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| | journals to Pay Per Click advertising. On
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| flexibility, when properly harnessed, is
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| | average, attendance at a single tradeshow
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| the key to an industrial manufacturer's
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| | costs the average industrial manufacturer
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| success in the world of Internet
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| | approximately $4,500; this figure
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| marketing.Most business-to-business
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| | includes registration fees, sales staff,
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| companies sell a spectrum of products or
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| | and travel expenses. Additional costs not
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| services, organized under different
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| | covered in that figure may include the
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| categories, and appealing to slightly
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| | booth display, marketing materials, and
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| different customers. Traditionally,
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| | promotional items.A trade journal
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| industrial manufacturers relied on trade
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| | advertisement costs approximately $3,900
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| journals and tradeshows to promote their
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| | for a half page, four color placement in
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| goods and services. Unfortunately, the
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| | a single issue. Expenses not covered in
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| costs associated with these marketing
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| | that figure may include ad photography,
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| channels are proportional to the number
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| | graphic design, and copy writing
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| of products or services being
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| | services.Pay Per Click marketing on the
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| advertised.For example, if a pump
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| | other hand is not associated with average
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| manufacturer wanted to showcase their
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| | costs because each campaign is customized
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| entire product line at a tradeshow, more
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| | to meet the unique needs of the
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| booth space would be necessary to
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| | industrial advertiser. Instead, we'll
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| accommodate all of the pump types.
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| | look at the average cost per click, which
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| Additional costs might also include the
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| | represents a qualified (interested)
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| extra freight charges associated with
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| | visitor accessing your company's website
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| shipping the pumps to and from the show.
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| | for more information on the product(s)
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| Ultimately, the resources (read = time &
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| | advertised. Generally speaking, most
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| money) required to actively promote a
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| | industrial manufacturer's can expect to
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| spectrum of products through tradeshows
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| | pay between 25 to 50 cents per click.In
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| are directly linked to participation
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| | other words, imagine a tradeshow whose
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| costs.This same dilemma extends to trade
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| | participation costs were based solely on
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| journal advertisements, where marketing
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| | the number of people who approached your
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| multiple products simultaneously
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| | booth looking for more information on the
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| translates into multiple advertisements
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| | specific products your company sells.
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| and escalating costs. If the same pump
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| | From the perspective of a trade journal
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| manufacturer wanted to target market each
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| | advertiser, your costs per issue would be
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| type of pump they sell, they would either
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| | based on the number of people who
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| need multiple advertisements or one very
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| | actually saw your printed ad placement
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| large spread. Promoting an entire product
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| | and then accessed your company's website
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| line through a single print advertisement
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| | looking for more information on the
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| typically dilutes the marketing message
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| | specific product(s) being promoted.The
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| and cripples the ad's return on
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| | quick math suggests that in order for
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| investment. By the same token, running
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| | tradeshows to compete with Pay Per Click
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| multiple advertisements or larger
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| | advertisements, your company's booth
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| multi-page spreads cost
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| | should be visited by at least 9000
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| money.Furthermore, successful marketing
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| | ($4,500 x .50 = 9000) interested
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| through tradeshows and trade journals
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| | prospects per show. By the same token,
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| depends on more than just money. For
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| | each printed ad placement in a trade
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| example, tradeshow participation is only
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| | journal should yield at least 7,800
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| effective when the person manning your
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| | ($3,900 x .50 = 7800) targeted visitors
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| booth is a trained salesman, schooled in
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| | to your website. Apart from the doubtful
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| the techniques of business development
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| | likelihood of either scenario, the
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| and lead generation. Simply placing your
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| | absence of detailed reporting through
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| lead engineer or technical support rep at
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| | either of these advertising channels
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| a table full of products is not going to
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| | makes it impossible to accurately track
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| produce sales...at least not in the
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| | their ROI performance.In summary, it
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| capacity you expect. In turn, some
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| | would be unfair to suggest that a direct
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| training may be required to maximize your
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| | comparison can be made between any of
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| presence at an exhibition.Printed
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| | these marketing channels. Tradeshows
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| advertisements are typically created by
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| | represent a unique opportunity to form
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| graphic artists and experienced copy
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| | personal relationships on the front
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| writers who can communicate a product's
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| | lines, while enjoying valuable face time
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| benefits and features in a professional
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| | with associates. Neither a trade journal
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| and practical manner. These skills are
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| | advertisement nor a pay per click
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| often sub-contracted and usually require
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| | marketing campaign can provide these
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| in house participation to ensure that the
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| | benefits. Trade journal advertisements
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| marketing message is correctly expressed.
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| | are a great branding tool, cultivating
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| Aside from the high hourly costs
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| | perceived value and expertise that
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| associated with graphic designers and
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| | translates name recognition into product
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| copy writing professionals, your sales
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| | sales.In closing it is most important to
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| team and/or engineers will end up
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| | recognize the individual strengths of
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| dedicating a percentage of their time
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| | these marketing channels - however it
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| reviewing the proposed creative, making
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| | should be noted that pay per click is the
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| suggestions, and ultimately approving the
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| | most cost effective and measurable form
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| finished advertisement - and all of these
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| | of advertising available.Payton Wolfe is
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| steps happen before the ad is even
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| | a co-founder of and their Director of
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| published.Both scenarios illustrate the
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| | Marketing Campaign Strategy.
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| shortcomings of these traditional
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|