How To Create an Effective Multi-Channel PPC Strategy
With the growing number of digital channels available, PPC advertising remains a powerful tool. This guide shares tips to create a PPC strategy that engages your market and maximizes ROI.
With the growing number of digital channels available to reach your customers, PPC (pay-per-click) advertising remains a powerful tool for attracting prospects, generating leads, and driving purchases. At Venti Digital, we understand the importance of crafting effective PPC strategies that deliver real results for your business. In this guide, we'll share actionable tips to help you create a PPC strategy that engages your addressable market and maximizes your return on investment.
SET CLEAR GOALS
Every successful PPC strategy starts with clear, well-defined goals. Whether you aim to increase brand awareness, generate leads, or drive sales, setting SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound) will guide your strategy and help measure success.
Understanding your margin and revenue objectives before building campaigns is critical to defining target KPI (key performance indicator) metrics such as CPL (cost-per-lead), CPA (cost-per-acquisition), and ROAS (return on ad spend). Remember that differing leads or products may have varying values, necessitating more dynamic analytics configurations to understand your ROI (return on investment).
CHOOSE YOUR PLATFORMS
Several search engine and social media platforms, including Google, Bing, Facebook, Instagram, X, LinkedIn, Reddit, and more, offer PPC and CPM (cost-per-thousand impressions) advertising. They all provide a mass audience with the capability to target specific groups based on demographics, geography, and interests. You can hyper-focus your ad messaging to the segmented audiences your brand serves. Beyond these broad networks, you have even more options.
Want to reach people while they're actively shopping for products like yours?
In addition to Google Shopping Ads, mass-market e-tailers like Amazon and Walmart offer PPC and Display advertising through their websites' marketplaces. These listings provide a great opportunity to expand the reach of your products to millions of shoppers, grow sales, and build brand equity.
Want to deliver a message through the biggest screen in the house?
TV streaming services such as Disney and Roku also offer self-serve advertising platforms to manage campaigns targeted to their millions of viewers. These placements allow you to target tailored audiences with video ads alongside premium content. You can position your brand and generate greater awareness with the same convenience and control as other advertising platforms.
With so many options, how do you decide where to allocate your budget?
Defining your target audience and business objectives is imperative. Each platform has its characteristics, user demographics, and media types. Take these examples.
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AMAZON
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DISNEY
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GOOGLE
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LINKEDIN
EXPAND SALES VOLUME
If your margins can profitably support selling products on Amazon, it's a great place to expand your sales volume. Include commissions, logistics, and advertising costs in your forecasting.
BRAND AWARENESS
Branding your product or service to a specific audience through Disney video ads can lift awareness. Reach viewers of premium content across Disney+, Hulu, and other Disney streaming services.
GROW WEBSITE SALES
Google Shopping Ads are a solid choice if you prefer consumers to buy products directly on your website. Maintain an automated product feed to get the most from this channel.
GENERATE B2B LEADS
Targeting B2B buyers through LinkedIn campaigns can generate more qualified leads. Refine target lists by industry, seniority, geography, and more.
Clearly define your customer segments, personas, and campaign goals to help you determine the most effective platforms.
CONDUCT KEYWORD RESEARCH
Keyword research is the foundation of any PPC campaign.
- Use tools like Google Keyword Planner, SEMrush Keyword Magic Tool, and Moz Keyword Explorer to identify the terms your target audience is searching for that are relevant to your business.
- Focus on short-, medium-, and long-tail keywords to reach your target audiences with tailored messaging at each stage of the buying journey.
- Remember to include negative keywords to filter out irrelevant traffic, ensuring your ads reach the right people.
These keyword tools also estimate monthly search volume and CPC (cost-per-click) to plan your budget and forecast your returns effectively.
CRAFT COMPELLING COPY
Your ad copy is your first impression. Make it count. Craft headlines that grab attention, write intriguing descriptions, and end with a clear CTA (call-to-action). Be sure to test different variations of your ads to see which performs best.
With PPC ads, you have an advantage when writing your ad copy. Based on the keyword list you created that triggers your ads, you already know what your target audience is searching for.
INSTANT CONNECTION
Use headlines and descriptions related to your keywords to make an instant connection.
DYNAMIC HEADLINES
Test a headline that dynamically inserts the search query used.
SEGMENT MESSAGES
Segment your campaigns by short-, medium-, and long-tail keyword lists and write ad copy most relevant to each stage in the customer journey.
DESIGN LANDING PAGES WITH A PURPOSE
A successful PPC campaign doesn't end with an ad click. Your landing page must be as compelling and focused as your ad creative.
RELEVANCY
Ensure your landing pages are relevant to your ad copy.
CLEAR CTA
Design pages to drive visitors to take a clear call-to-action.
MOBILE FRIENDLY
Build pages to be mobile-responsive.
A fast-loading landing page with concise, directive copy and a call-to-action that stands out can significantly improve your conversion rates.
ALIGN BUDGETS AND BIDS WITH GOALS
This alignment is where your prior work on keyword research to uncover search volume, competition, and average CPC meets your goals of lifting brand awareness, generating leads, or driving purchases.
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BRAND AWARENESS
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LEAD GENERATION
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E-COMMERCE TRANSACTIONS
USE INTERACTIVE ADS TO LIFT AWARENESS
Video and display ads are great channels for visualizing your brand and value proposition in a way that grabs the attention of your target audience. With an advanced analytics strategy, you can connect how engagements with these ad types lead to sales through the customer journey. Understanding this value guides you to how much you can effectively bid on a CPC or CPM.
DEFINE LEAD VALUES TO OPTIMIZE RESOURCES
Different lead types can have different values based on their likelihood of conversion. For example, your analytics may tell you that leads from form submissions on your website convert at a higher rate than phone calls. Using this data, you can implement VBB (value-based bidding) to assign higher values to form submission leads over phone calls. This bidding type can help drive more desirable conversions toward a tROAS (target return-on-ad-spend).
USE MULTI-CHANNEL ATTRIBUTION FOR INSIGHTS
Products may sell at different price points and varying margins. You must go beyond CPC and ROAS and measure CPA (cost-per-acquisition) through a multi-channel attribution model. The customer journey is complex and includes multiple touches via various channels, including paid search, organic search, email, social media, and more. Understanding how PPC campaigns aid the customer along their buying journey helps you determine how to budget and effectively bid on keywords.
ANALYZE PERFORMANCE
Tracking your account's performance is vital. Monitor key metrics like ad impressions, click-through rates, cost-per-click, conversion rates, conversion value, cost-per-acquisition, and return on ad spend. Test and analyze the data against keywords, ads, and landing pages to understand what's performing and make data-driven decisions to improve your campaigns.
CONTINUALLY OPTIMIZE
PPC campaigns require continuous optimization. Review and adjust your bids regularly, refine your keywords, and test your ad copy and landing pages to improve your key metrics. Use tools like Google Trends to monitor trending search topics and track seasonality on searches related to your business so you're ready with campaigns to take advantage of the surges in search volume.
VENTI DIGITAL IS HERE TO HELP
Developing an effective PPC strategy requires a dynamic approach utilizing a mix of data and creativity. These guidelines will help you craft campaigns that attract your target audiences and drive real, measurable results for your business.
At Venti Digital, we harness the power of data to ignite vibrant creativity, craft resonant messages, and build enduring businesses. Our collaborative process ensures we understand your business and translate your vision into a digital experience that drives powerful results.
Contact us today to discover how we can help you expand your reach and win on the digital shelf!