How to Beat the Odds in AdWords with Competitive Intelligence

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How to Beat the Odds in AdWords with Competitive Intelligence #PPCcompetition

Transcript of How to Beat the Odds in AdWords with Competitive Intelligence

Page 1: How to Beat the Odds in AdWords with Competitive Intelligence

How to Beat the Odds in AdWords with Competitive

Intelligence

#PPCcompetition

Page 2: How to Beat the Odds in AdWords with Competitive Intelligence

Join the conversation on Twitter

#PPCcompetition

@SEMrush

@WordStream

#PPCcompetition

Page 3: How to Beat the Odds in AdWords with Competitive Intelligence

Today’s Presenters

Navah HopkinsCustomer Success Specialist,

WordStream

@navahf

Michael StrickerMarketing Director,

SEMrush

@RadioMS

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#PPCcompetition

Page 4: How to Beat the Odds in AdWords with Competitive Intelligence

What is your PPC budget in 2015?

a. Less than $999 per month

b. $1,000 - $2,499 per month

c. $2,500 - $9,999 per month

d. $10,000 - $19,999 per month

e. $20,000+ per month

#PPCcompetition

Page 5: How to Beat the Odds in AdWords with Competitive Intelligence

How long does your average campaign run?

a. Up to one month

b. Up to three months

c. Up to six months

d. At least six months

#PPCcompetition

Page 6: How to Beat the Odds in AdWords with Competitive Intelligence

Do you manage your own PPC?

a. I direct the PPC manager

b. I am the PPC manager

c. I direct the PPC agency

d. An automated platform manages my PPC

#PPCcompetition

Page 7: How to Beat the Odds in AdWords with Competitive Intelligence

Sleuthing for Data

Page 8: How to Beat the Odds in AdWords with Competitive Intelligence

What does it take to pass

a PPC audit?(and can I?)

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Account AuditsBenchmarking Success

and Avoiding Set-Backs

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Focused Analysis - Audit Campaigns Regularly!

• Campaign Health

• Ad Group Size and Focus

• Keywords, Match-types, and Bidding

#PPCcompetition

Page 11: How to Beat the Odds in AdWords with Competitive Intelligence

Audit Competitors – Early and Often!

• SWOT Analysis

• what to avoid

• what to emulate

• GOAL: Data-based decisions

#PPCcompetition

Page 12: How to Beat the Odds in AdWords with Competitive Intelligence

Audit Competitors – Budget Allocation

• Audit your Competitors, too!

• SWOT Analysis

• what to avoid

• what to emulate

• GOAL: Data-based decisions

#PPCcompetition

Page 13: How to Beat the Odds in AdWords with Competitive Intelligence

Audit Competitors – Traffic VS Traffic Price

• Audit your Competitors, too!

• SWOT Analysis

• what to avoid

• what to emulate

• GOAL: Data-based decisions

#PPCcompetition

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Audit Competitors – Keywords and Traffic Cost

• Keywords and Traffic Cost

Domains’ Total AdWords Keywords and Traffic Cost

#PPCcompetition

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

Cars.com Edmunds.com AutoTrader.com CarGurus.com KBB.com

Keywords

Traffic Cost

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• Traffic and Traffic Cost

Competitor Domains’ Traffic and Cost for that Traffic

#PPCcompetition

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

Cars.com Edmunds.com AutoTrader.com CarGurus.com KBB.com

Traffic

Traffic Cost

Audit Competitors – Traffic and Traffic Cost

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• Cost / Keyword and Cost / Traffic

Competitors Cost / Keyword and Cost / Unit of Traffic

#PPCcompetition

Audit Competitors – Cost per Traffic Unit

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

Cars.com Edmunds.com AutoTrader.com CarGurus.com KBB.com

Cost/Keyword

Cost/Unit of Traffic

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How much time/money

should I spend on PPC?

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Time is MoneySpend Both, Wisely

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How Much Time Should I Spend on PPC?

• How much time are you spending on PPC?

• How much time is ideal?

#PPCcompetition

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How Much Time Should I Spend on PPC?

• Save Time to Go Beyond AdWords Dashboard:

• Prepare Reports

• Check competition’s budgets and efficiencies

• Total Spend

• Spend per Keywords

• Spend per Unit of Traffic

• Research new Keywords that Work!

#PPCcompetition

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How Much Time Should I Spend on PPC?

• Can I get good results with 20 minutes per day?

#PPCcompetition

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Spend Your Budget Wisely – Including Time!

• 20 minute PPC work week = work smart, not hard

• Know your industry and optimize for transactions

• Leverage Targeting and Auto-bidding

• Invest in a robust negative keyword list

• Chase tail (long-tail that is!)

#PPCcompetition

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#PPCcompetition

http://bit.ly/1yg3jGH

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Where should my PPC

focus be, and am I

focused enough?

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AdWords vs. BingWhich is For Me?

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Is there a Place for Both?

• Cons of AdWords-only approach?

• Pros of an integrated approach?

• Trade-offs? Time? Return?

• How will you know when you need more network?

#PPCcompetition

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How do I generate action

items from data?

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Turn Data

into Action

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How Do I Keep From Drowning in Data?

• Think ROIs, KPIs (CPA) VS ‘noisy’ metrics

• Automate data reports

• Leverage competitor dataResearch Paid KWs that perform – for others! Save time, effort, money. Emulate winners; shun losers

• Triple Witching ▲ Ads Traffic rising ▲ Ads Keywords rising▼ while Ads Traffic Price falls

• Cost / Keyword instead of number of Keywords

• Cost / Traffic Unit (CPC) instead of bid rates

#PPCcompetition

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• Ad A• 2,423 Impressions

• 453 clicks (1.4% CTR)

• Average Position: 2.8

• Ad B• 36,223 Impressions

• 760 clicks (2.1% CTR)

• Average Position: 3.0

Pick the Winner

#PPCcompetition

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• SEMrush new PLA Tool with rapid updates on popular items prices, images, appearance in SERPs.

Metrics That Move You – Google Shopping

#PPCcompetition

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Metrics That Move You

• Google Trends

• The case of the disappearing skirt

• The case of the changing lexicon

• Extensions give you more real estate and more user interaction data

#PPCcompetition

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Turning Data into Action Items

• Focus on transactional users VS aspirational users

Go beyond “money words” to detect transactional intent with “buy”

words. (See the Ebook for a list!)

• ID winners; steal KWs; steal Ads text; counter offers; price check

• High impressions + low CTR = Negative Keywords are needed!

• CPA tinkering based on event and device trends

#PPCcompetition

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I got got the click –

now what?

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Highway to the

Danger ZoneWhen Landing Pages Don’t Convert

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Bad-News Bears Landing Pages

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Strong Landing Pages…

Deliver on the ad’s promise.

Adding keywords from the PPC campaign led to 144% increase in conversions for a marketing solutions company.

Are conversion focused – across all devices!

Mobile optimized landing pages led to 153% increase in conversions for Deluxe.

Aren’t one size fits all.

Companies with 40+ landing pages get 12X more leads than those with 5 or less.

#PPCcompetition

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Examples of Strong Landing Pages

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Thanks for Joining Us!

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Keep Learning!(It’s free!)

EBook: How to Beat the Odds in AdWords with Competitive Intelligence

Article: The Great Debate: Google AdWords vs. Bing Ads

Infographic: Google AdWords Vs Yahoo Bing Network

Infographic: 18 Mind-Blowing Landing Page Stats

Worksheet: The 20- Minute PPC Work Week Checklist

AdWords Performance Grader

AdWords Landing Page Grader

#PPCcompetition

Page 41: How to Beat the Odds in AdWords with Competitive Intelligence

Special Offers

I would like…

A. FREE 1-on-1 AdWords & Landing Page Audit

B. WordStream Advisor: 20 Minute Work Week Demo

C. SEMrush FREE Trial 30-Day Guru: http://bit.ly/Free30SEMrush

D. I don’t need any help with my PPC

#PPCcompetition

Page 42: How to Beat the Odds in AdWords with Competitive Intelligence
Page 43: How to Beat the Odds in AdWords with Competitive Intelligence

Questions?

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We’d love to hear from you!

[email protected]

[email protected]