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Internet marketing is not our preferred choice for private practice professionals, but here is some good, detailed information that we obtained permission to reprint for you:
How to Instantly Make Your Web Site URL Appear on the FIRST PAGE of Search Results in Google
by Corey Rudl
This article includes:
1. Pricing
2. Bidding Your Way To The Top
3. Keeping Your Bid Costs Low
4. Listing Position
5. Choosing Keywords
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Each month we interview e-business people who
are making fantastic profits with their online businesses.
We ask them for the details of how they've come to be so
successful -- what exactly their secrets are, what tools
they've used, etc.
And we find out some interesting things...
A number of these people have recently reported having
great success with Google AdWords Select:
https://adwords.google.com/select/?hl=en
In fact, in one of the interviews we did last month, our
interviewee told us he is generating an average of 13,000
UNIQUE VISITORS PER DAY by having keyword listings
on both Google AdWords and Overture:
http://www.overture.com
Google AdWords Select is the pay-per-click side of the
search engine giant we all know as Google. Just a few months old, Google AdWords Select is an offshoot of its cost-per-impression sister Google AdWords, which has been available for a little longer.
An ad placed with Google AdWords Select shows up in a
colored box on the right side of the Google search results
page, combining free (editorial) content with paid advertising. It's another form of pay-per-click advertising that, done right, has proven to effectively generate traffic.
The ads are extremely high in visibility, set off from the
main text in Google's familiar pages that attract OVER 20
MILLION UNIQUE VISITORS PER MONTH. Your URL can appear
on the first page of search results without all the
hassles of search engine submission and optimization...
and you don't pay unless viewers click!
Sound like the ideal advertising set-up? Well, it's been
very profitable for some... But let's have a look at what
exactly Google AdWords Select offers, how it differs from
competing sites in its industry, and how you can use it to
your benefit.
Because Overture has dominated the pay-per-click industry
almost unrivaled until now, I'll use it as a point of
comparison to examine the merits of Google AdWords Select.
The main difference between the two programs is the way in
which their ads are listed -- Google's are highlighted
alongside the regular Google search results, and Overture's appear AS regular search results.
However, there are five other points of difference that are very important to understand...
1. PRICING
The pricing structures for each are very different:
When you sign up for Overture, you must pay a $50 deposit
that is applied to your monthly click-throughs and your
monthly 'spend' (you must spend a minimum of $20 per
month in click-throughs; if you don't, the money will be
subtracted from your deposit). The minimum bid amount is
5 cents.
In Google AdWords Select, you must pay a $5 non-refundable
fee that is not put toward your click-through fees. There is no monthly minimum to pay. The minimum bid is said to be 5 cents, but this is not the case for all keywords -- in fact, bidding on popular keywords tends to be more expensive here.
2. BIDDING YOUR WAY TO THE TOP
If you want to bid on the term 'baseball bats' in Overture, you could run a query in their 'View Bids' tool, which you'll find at:
http://www.overture.com/d/USm/adcenter/tools/index.jhtml
Using this tool, you can determine that (at the time of
writing) the number-one position has a maximum bid of
$1.17 per click. You'd have to beat that bid to get the
coveted position.
In Google AdWords, there is no 'View Bids' or equivalent
tool; you don't have any access to the amounts other
advertisers are bidding. What you can do is fiddle with the numbers in the 'Traffic Estimator Tool' (which you'll find when you go to set up your ad) to find out how much you'll have to pay to get a top position with your keyword.
By testing different amounts in the Traffic Estimator, we
found that the minimum bids changed according to the
popularity of each keyword.
A minimum bid for the keywords 'baseball bats' in Google
AdWords Select requires (at the time of writing) $0.40
per click and ranks your ad fifth. This is the same as
the bid for the number-five position in Overture.
But to attain the number-one position in Google AdWords
Select, you'll have to cough up a hefty $2.60 per click,
while the ace spot in Overture goes for a maximum bid of
$1.17.
3. KEEPING YOUR BID COSTS LOW
When Google AdWords Select first came out, it got an edge
on its competition by creating the 'AdWords Discounter.'
This tool automatically keeps your bid one penny ahead of
the competition, up to your stated maximum amount, thereby
accomplishing two very important tasks:
- It keeps you from having to monitor your bids and your
competition all day every day, and
- If your next closest competitor lowers his or her bid,
your bid will automatically be lowered to only a penny
over the lesser amount. This prevents 'bid gaps,' which
occur when a wide margin exists between one bid and the
next lowest bid, causing the higher bidder to spend
unnecessary money.
Since then, Overture has taken the hint and has implemented a similar tool, referred to as its 'Auto Bidding' tool. Be careful, however, to make sure you sign up for this service in Overture -- it does not happen automatically, and you may be caught paying much more than you need to!
Allow me to illustrate: In our search on 'baseball bats,'
the top bid was, as mentioned, $1.17. The next highest bid, however, was $0.65! That means the unfortunate soul in the fortunate position of being number one could be SAVING 52 CENTS PER CLICK!
...And if this calculation is taken into consideration,
and if we drop the number-one listing's bid amount to
$0.66 cents (all it needs to be), it means that the
number-one spot in Google AdWords Select costs four
times more than in Overture for this particular keyword.
I know that sounds expensive, but Google's approach to
advertising could mean an excellent return on investment
on your ad (depending on your ad, of course!) -- so
although you pay more, you could profit more as well.
NOTE: If you're not sure how much is too much to bid on
the keywords you want, take a look at issue 54 of our
newsletter, where we discuss how to determine the dollar
value of your customers -- if you bid over this amount,
you could end up losing money. Go to
http://www.marketingtips.com/newsletter/issue54/index.html
The only way to really determine both the value and the
volume of your traffic from your Overture ad as compared to your Google AdWords Select ad is by tracking your
advertising.
Each program will allow you to assign a tracking URL to
your ad -- a URL that contains a special identifier so
that you can tell which ad is pulling the most response
from where and ensure that it is generating enough revenue
to be worth the cost of advertising.
Google AdWords Select makes it very easy to create a
tracking URL when you initially set up your account. In
Overture it's not quite as easy, but they'll tell you what
to do at:
http://www.overture.com/d/USm/learning/track_howb.jhtml
Your viewers won't see this URL -- they'll click on your web site link and be redirected through your tracking ID.
We personally track all of our advertising with our affiliate software, AssocTRAC --
http://www.marketingtips.com/assoctrac
It's the easiest and most effective way we've found to keep an eye on our ads and ensure that they're turning the profit we expect.
4. LISTING POSITION
Your listing position is more than just a matter of catching viewers' attention -- in both Overture and Google AdWords Select, a top-three listing can dramatically increase the exposure of your ad.
Overture's massive reach is enabled not only by its well-
known name, but also by its partnerships with:
- Yahoo
- Ask Jeeves
- InfoSpace
- MSN
- AltaVista
- Netscape
But Google AdWords is no shrinking violet either; its
partners include:
- America Online
- Earthlink
- Sympatico/Lycos
Your ad is guaranteed listings on all partners' sites only
if it appears in the top three listings for your search
term. So how do you achieve this position?
In Overture, the process is simple: the more you pay, the
better your listing. If you outbid all the other people
competing for your keywords, you'll attain a top listing
in the pages of search results. Simple as that.
In Google AdWords Select, the listing process is very
different, and is unique in the pay-per-click industry.
First of all, Google AdWords ads are listed at the top
right of Google's search result pages. This means that
your ad shows up in a prominent position alongside (but
set apart from) Google's editorial (unpaid) listings.
Secondly, and most surprisingly, your ranking is determined both by how much you bid AND by how many click-throughs your ad generates. The more you bid, the better your chances of attaining a top ranking are -- but if your ad doesn't perform, it just slides on down the rankings.
Google's argument for this kind of approach is that ads that perform are (obviously) of more interest to viewers, so this kind of system creates the best quality results for users.
Google also maintains that performance-based placement
keeps competitors from getting locked out of top positions
by those with more money to spend.
But the problem with Google's payment-plus-popularity
placement system is that it can be very difficult to figure out exactly where your ad will appear.
And if you're paying the top price for the top listing but
not actually getting the top position on Google's results
page, you'll not only be a little disgruntled -- you'll also have to do some work on your ad to try to get the response you're aiming for.
5. CHOOSING KEYWORDS
Back to keywords -- but let's take a step back from bidding on them and talk about the process of choosing them in the first place...
Both Overture and Google AdWords supply tools to help you
determine which keywords would be best for you to use.
However, Overture provides a much more extensive and useful range of tools.
Google's 'AdWords Keyword Suggestion Tool' does give you a
list of synonyms and similar phrases for your keyword. For
example, when I punched in 'Baseball Bats' I got a list of
20 related terms.
However, when I entered 'Baseball Bats' into Overture's
'Search Term Suggestion Tool,' I got a list of 99 related
terms, PLUS how many times each of those terms has been
searched in the last month.
Flip over to the 'View Bids' tool to determine how much
is being bid on these terms, and your bidding strategy
is underway.
But if you want to get a good pay-per-click listing on
Google, there's no reason why you can't use Overture to
get a feel for which terms are most searched, and which
are available at low cost (you can do this free and without committing to anything with Overture), then use these terms to create your ad in Google AdWords Select.
Or, better yet, use the more comprehensive tools offered by WordTracker: http://www.marketingtips.com/wordtracker
The free version will give you search numbers and bidding
amounts from AltaVista, while the paid version compiles
results from the top 24 search engines, directories, and
pay-per-click engines, including Google.
This is the best way to find those overlooked keywords and
misspellings that your competition hasn't noticed... and
that you can capitalize on at a very low cost.
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FINAL THOUGHTS:
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The success experienced by our Secrets To Their Success
interviewees -- http://www.secretstotheirsuccess.com
--
who used Google AdWords Select is a good indicator of what
you can do with this somewhat elusive form of pay-per-
click advertising.
Google has a very good reputation and is widely used as a
search tool with quality (unpaid) listings, and you just
can't miss the 'sponsored links' listed down the right
column of the page.
It is perhaps this degree of visibility that has made such
a difference to those advertisers who have generated a great response with Google AdWords Select.
And now that you know how to use Google AdWords Select
to achieve the best results possible, you can start getting in on some of Google's masses of traffic. To maximize the performance of your ad, make sure to...
- Choose the keywords you bid on very carefully. Try to
choose keywords that are frequently searched by your
target market but that are not being bid on by as many
of your competitors.
- Write an effective ad (see issue 65 of our newsletter at
http://www.marketingtips.com/newsletter/issue65/index.html
for tips on how to make the best use of the space you have).
- Monitor your bid position. Whenever possible, make sure
you rank in the top 3 listings as this will get your ad
the highest exposure.
- Track your results and make adjustments and improvements
based on what you learn.
Learning the search engine game is a trying and time-
consuming lesson, and a start-up e-business may not have
the time or the resources to undertake the arduous task
of getting a good ranking.
But if you can choose your keywords carefully and find
the most attractive bid amounts available, you can bid
your way to the top of the search results pages without
blowing your budget.
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ABOUT THE AUTHOR: Corey Rudl is the owner of four highly successful online businesses that attract more than 6 million visitors and generate over $5.2 million each year. He is also the author of the #1 best-selling Internet Marketing course online.
To check out his site that's JAM-PACKED WITH THE EXACT
INFORMATION YOU NEED to start, build, and grow your very
own profitable Internet business, I highly recommend
visiting http://www.marketingtips.com/tipsltr.html
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