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Why Your Best Keywords May Not Be
Copyright 2004 by Kevin Bidwell
All-In-One-Business.com
Pay-Per-Click advertising is one of the very best ways to
quickly and (often) cheaply get the word out about your
business. A new campaign can be "live" in just a couple hours
and can bring in thousands of visitors and sales in its first
week.
It can also drain your bank account like a bandit.
In my last article I looked at the first two steps in choosing
winning keywords. (You can view that article here:
http://www.All-In-One-Business.com/cg-bin/at.cgi?a=274293&e=/imm/20041210)
Here are the last two steps to choosing your best keywords:
Step Three: Know How Much You Are Willing to Pay-Per-Click
If I am willing to pay $40 in advertising to get a new customer,
then I need to determine how many visitors I will need to get
that customer.
If you already have that figure, use your actual results. If
not, here are some rules of thumb you can use:
If you have a single product sales site with a price-point below
$50, use a figure of 1 sale per 100 visits.
In the case of a single product sales site with a price-point
over $50, use a figure of 1 sale per 200 visits.
If you have a free trial site, use a figure of 1 sale in 30
visits.
If you have a free report lead generator
, use 1 sale in 20
visits.
For our subscription site example, I will be offering a 10 day
free trial, so I will go with 1 sale in 30 visits. So, I am
willing to pay $40.00 divided by 30 clicks or $1.33 per click.
Step Four: Get Your Keyword List and Prices
Generating a list of keywords is crucial to getting affordable
traffic to your offer.
Most people get the top 25 or 30 keywords according to traffic
and end up paying top-dollar for all their traffic.
***
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This Is A Tool That Every Affiliate Needs.
***
For example: My main market niche
is people who are interested
in working at home. In order for me to get a top 10 listing
with Overture.com for "work at home" I would have to pay over
$1.50 per click. Number 1 would cost me $2.67.
At 300,000 plus searches per month, that could run into some
money pretty fast unless I can offset that with high volume
sales.
But we want to take a different approach. We want to get a high
volume of traffic from a much higher number of much less costly
search terms.
"at home work" at Overture.com only costs 77 cents to break the
top 10, though the search volume is 1/100th.
My "trick" to finding those keywords is to "pretend" to set up
an account with Google Adwords here:
http://www.All-In-One-Business.com/adwords
(You will likely want to "really" set one up, but just going
through this exercise will allow you to use the keyword
suggestion tool...)
Using their keyword suggestion tool
you can identify hundreds of
related keywords and put them to work for you.
By choosing hundreds of lower priced but still targeted keywords
rather than a few high-priced keywords, you can still get solid
traffic but at a much lower cost.
============================================================
Kevin Bidwell is owner of
http://www.All-In-One-Business.com/cg-bin/at.cgi?a=274293
Kevin just finished a complete report on building a passive
income. Grab your copy here:
http://www.All-In-One-Business.com/cg-bin/at.cgi?a=274293&e=/pi
----------------
BUSINESSMATE EZINE is published and edited by
Jess Guim, MCSE.
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