The local American Newspaper ad revenues have been plunging and the papers keep getting thinner and thinner as business advertises in other media. We have found Google Ad Words and Bing Ad Words to work great in our business.
It used to be we could spend as little as a quarter on a click where someone is drawn to our web site. We could measure our business by the week by the total clicks we had on google. However, google would encourage business to bid on first page exposure. This means that when somebody searches hotels in Pensacola, on the right side or on the page, and ad will show your hotel business. A person clicks on the ad and Google makes a quarter. Now, if they get folks bidding higher and higher for first page exposure, it is easy to have the average click go over a dollar. The bidding wars which google encourages, soon make the profitability of a click marginal.
We have found that lowering the bid below the first page bid and increasing our daily budget has taken our ads down from the ninety cents range to fifty cents for a second page search. The nature of our service usually results in the consumer looking at the second page. Out of thirty clicks a day, we find that we get a third of those clicks as customers, and we almost get a tenfold return on every google ad dollar we spend. We used to use Yahoo and found it equally successful, and Bing took over and we are trying them this year.
If we run a four hundred dollar half page newspaper ad for one day, we are lucky to get 25% of our ad investment back......Google is about 40 times more efficient bringing customers to us, and it is not by accident they have become so big.
It used to be we could spend as little as a quarter on a click where someone is drawn to our web site. We could measure our business by the week by the total clicks we had on google. However, google would encourage business to bid on first page exposure. This means that when somebody searches hotels in Pensacola, on the right side or on the page, and ad will show your hotel business. A person clicks on the ad and Google makes a quarter. Now, if they get folks bidding higher and higher for first page exposure, it is easy to have the average click go over a dollar. The bidding wars which google encourages, soon make the profitability of a click marginal.
We have found that lowering the bid below the first page bid and increasing our daily budget has taken our ads down from the ninety cents range to fifty cents for a second page search. The nature of our service usually results in the consumer looking at the second page. Out of thirty clicks a day, we find that we get a third of those clicks as customers, and we almost get a tenfold return on every google ad dollar we spend. We used to use Yahoo and found it equally successful, and Bing took over and we are trying them this year.
If we run a four hundred dollar half page newspaper ad for one day, we are lucky to get 25% of our ad investment back......Google is about 40 times more efficient bringing customers to us, and it is not by accident they have become so big.