ePOWER TIP: (full story)
Giggle All The Way To The Bank With Google’s New
Pay-Per-Click Service! ...
Google is without a doubt one of the biggest,
fastest, baddest, and most popular search engines
on the Net. Consistently positioning your site at
the top of a Google Search can make a huge
difference in the amount of new traffic you see.
How you do that without spending a fortune or
hiring an expensive consultant is the secret of
this month’s ePOWER! TIP.
In the
September 2001 edition of ePOWER! NEWS I
covered how you could use Google's AdWord program
to instantly achieve top "visibility" position
within Google search results for any particular
search phrase or term. However, with the standard
AdWord program you pay for the number of times
your ad is seen. This particular advertising model
is called "Cost-Per-Impression" (CPM) where you
pay whether your ad is clicked on or not.
Google recently announced its AdWords Select
program, which is a pay-per-click (PPC) model
where you only pay if your AdWord ad is clicked
on. This is an impressively well thought-out
advertising program that goes way beyond the
typical PPC search engine model offered by
Overture.com (the #1 PPC search engine). Here are
some of its features and benefits:
- Set up fee is only $5 - considerably less
than the $50 it costs to start an Overture.com
PPC campaign;
- Minimum cost per click is $.05 - the same as
Overture.com;
- Ad ranking (i.e. its position from the top)
is determined by the maximum you are willing to
pay per click-through and how often your ad gets
clicked - the more effective your ad is in
generating clicks the less your maximum "bid"
needs to be in order to be positioned at the
top. This makes it more fair than allowing any
advertiser to simply bid up the cost of the
click-throughs which often happens on
Overture.com;
- Google's AdWord Discounter program
automatically makes sure you pay the minimum
amount to stay on top. It constantly compares
your ad maximum bid and click-through rate with
that of your competitors and adjusts your
click-through cost accordingly (see Google's
AdWord Select
program overview for a more complete
description) - this feature solves a big
complaint that many people have using
Overture.com where you must constantly monitor
your position to avoid paying too much or being
kicked out of the top position;
- AdWord ads start showing up within 5 minutes
of registration - it take 3 - 5 days for your
site to show up on Overture.com searches;
- You can set a daily budget - this allows you
to achieve a more even set of click-throughs
over time where on Overture.com you can
theoretically go through your entire monthly
budget in just one day.
Google has put together a great one-page
overview of the whole AdWord Select program.
CLICK HERE to check it out now.
Pay-per-click is an awesome alternative to
spending thousands hiring a search engine
specialist to position your site, often without
consistent results. Overture.com has done a great
job of establishing the relevancy of this kind of
search engine advertising model. However Google
has taken the idea and made it much, much better
and easier to use. Also, the fact that Google's
150 million searches a day completely dwarfs the
search activity on Overture.com makes its Adword
Select program a must in your arsenal of site
traffic generating strategies.
By the way, if you are excited about the
possibility of driving tons of new traffic to you
site but still feel intimidated by the process —no
problem! Just hire a Virtual Assistant to start up
and run your whole AdWord Select program for you!
Remember, success is not about knowing how to do
something, it's knowing what to do (which
is what I help you with each month) and who
to hire to get it done.
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