7 Advanced Paid Search Strategies used by Leading Direct Marketers

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  • + mychentw Michelle Chen 5 months ago
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Notes on slide 1

Announcements : 2 minutes before – webinar will start at 1:35 to allow for later arrivals and will last around 20-25 minutes At 1:35 - Intro yourself – Doug Winenger, Sr. Marketing Analyst, oversee account management dept - Adam couldn’t be with us today due to illness, etc - This webinar will be presented again on September 19 and October 3 at 1:30 PM EST and we are expecting Adam to be the presenter - If you need to leave the conference call, please use mute button rather than hold - If the webinar console is blocking view you can minimize it using the arrow symbol - If you have questions during the webinar – please use the chat box to submit them, I will try to respond to those as we go, or at the very least, I will address them at the end; please refrain from asking them during the presentation -There will be six poll questions during the webinar, featuring live poll results, several of these happen near the beginning of the webinar - When you exit webinar, please take a few moment to complete the exit survey

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7 Advanced Paid Search Strategies used by Leading Direct Marketers - Presentation Transcript

  1. ClearSaleing Confidential October 3, 2007 The Clear Sale ing Webinar Series 7 Advanced Paid Search Strategies Used by Leading Direct Marketers Presented by Adam Goldberg a former Google Insider and Co-Founder of Clear Sale ing
  2. Strategy #1 Connect your offline back office to your online advertising ClearSaleing Confidential
  3. Integrate online advertising to your back office ClearSaleing Confidential Proprietary Back Office Direct Hits Keyword = Mortgage Source = Yahoo
  4. ClearSaleing Confidential Tie your inbound calls to your online advertising Strategy #2
  5. Offline sales tracking
    • Assign an ID to each keyword
    • Dynamically insert keyword ID on your website
    • Have sales person capture keyword ID along with other contact information
    • Run a sales report that shows sales with keyword ID’s
    • Determine if those keywords are profitable
    ClearSaleing Confidential Keyword = mortgage = ID 3378
  6. Strategy #3 Use profit as your guiding metric ClearSaleing Confidential
  7. PPC metrics are flawed
    • Leads can increase… Profit can decrease
    • Revenue can increase… Profit can decrease
    • Conversion Rate can increase… Profit can decrease
    • CPA, CPL or Cost/Conversion can decrease… Profit can decrease
    • Sales can increase… Profit can decrease
    • ROAS can increase… Profit can decrease
    ClearSaleing Confidential
  8. Pick the best lead ClearSaleing Confidential 30 year mortgage Lead Cost: $48 Fixed mortgage Lead Cost: $104 Mortgage Lead Cost: $75 Leads/Sale 66.67 Ad Cost/Sale $3,200 Leads/Sale 20 Ad Cost/Sale $2,080 Leads/Sale 33.33 Ad Cost/Sale $2,500 Sale Price $3,100 Profit ($100) Sale Price $4,100 Profit $2,020 Sale Price $4,900 Profit $2,400
  9. Strategy #4 Look at the cumulative effect of your advertising ClearSaleing Confidential
  10. Never underestimate the value of air conditioning ClearSaleing Confidential Should I close the doors to save on my electric bill?
  11. ClearSaleing Confidential November 15, 2006 Most common Purchase Paths Average # of clicks to sale: 3.75 Path Purchase Path 1 AdWords (4 year university) > AdWords (top business program) > AdWords (XYZ University) > Sale Purchase Path 2 Moving.com > AdWords (company name) > Sale Purchase Path 3 AdWords (enterprise software) > AdWords (CRM) >AdWords (CRM property mgmt) > AdWords (Real Page) > AdWords (company name) > Sale Purchase Path 4 Nextag (Hot tub) > Nextag (10 person hot tub) > Nextag (Concerto) > Sale
  12. How can I use the Purchase Path?
    • AdWords (mortgage) > AdWords (30 yr mortgage) > (80/10/10 loan) > $9K Sale
    ClearSaleing Confidential ROI Type First Last Even Credit Allocation $9K mortgage $9K 80/10/10 loan $3K mortgage $3K 30 yr mortgage $3K 80/10/10 loan
  13. Strategy #5 Use search queries as a basis for new keywords and negatives ClearSaleing Confidential
  14. What’s the ideal recommendation tool?
    • Ideal =
    ClearSaleing Confidential Sorry, this does not exist…but a recommendation tool that can accurately tell you the ROI on a new keyword prior to adding it to your campaign
  15. Use the information available to you
    • Search query = reputable moving company
    • Keyword = moving company
    • Keyword match type = broad
    • Conversion = $4,700 sale
    • New keyword = reputable moving
      • company
    • New keyword match type = exact
    • Advantages = Know it works, cheaper CPC, higher QSR, more targeted
    ClearSaleing Confidential
  16. Continued…negatives
    • Search query = rent truck moving company
    • Keyword = moving company
    • Keyword match type = broad
    • Conversion = $0
    • Negative keyword = rent and truck
    • Advantages = target right audience, don’t waste ad dollars
    ClearSaleing Confidential
  17. Strategy #6 Implement an alert system ClearSaleing Confidential
  18. Why use alerts?
    • Impossible to keep your eye on 1,000’s of keywords all the time
    • Saves time by allowing you to focus
    • Insurance against human error
    • Ability to automate responses to alerts
    ClearSaleing Confidential
  19. Types of Alerts
    • Compare date range A to date range B and alert me if…
      • Sales
      • Profit
      • Leads
    • Alert me when a metric increases by X or decreases by Y
      • Ad Spend
      • Conversion rate
      • Ad position
    • Alert me if goal X will not be reached
      • 1000 leads in next 30 days
      • Spend $250,000 in advertising this month
      • Close 100 new deals this month
    • * Make sure you are being alerted only when data is statistically sound
    ClearSaleing Confidential
  20. How to set up alerts
    • Directly from the ad sources in some cases (Google, Yahoo, etc)
    • Make use of the API
    • Build internal tools
    • Buy an off the shelf product
    ClearSaleing Confidential
  21. Strategy #7 Follow the sophisticated methodology used by direct marketers to earn the maximum profit ClearSaleing Confidential
  22. 5-Step methodology for increasing profit ClearSaleing Confidential Ad Spend Profits 20K 40K Identify Ad Waste Eliminate Waste Buy Maximum Clicks Add Ad Sources Time Optimize Business
  23. The 7 advanced strategies
    • Connect your back office to your online advertising
    • Tie your inbound calls to your online advertising
    • Use profit as your guiding metric
    • Look at the cumulative effect of your advertising
    • Use search queries as a basis for new keywords and negatives
    • Implement an alert system
    • Follow the sophisticated methodology used by direct marketers to earn the maximum profit
    ClearSaleing Confidential
  24. ClearSaleing Confidential Adam S. Goldberg [email_address] 1.800.592.0463 Blog: www.clearsaleing.com/blog

+ ClearSaleingClearSaleing, 10 months ago

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