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Pay Per Click Marketing - Does It Work For Industrial Companies?

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




www.powerbuffinc.com keyword stats [2007-06-26-2007-06-26]


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