Webmarketing123: 6 Paid Search Metrics To Master 08-18-2011
1. 6 Paid Search Metrics That Matter
Master these PPC metrics to stay one step ahead of the rest
Dial: +1 (646) 558-2120
Access Code: 143-758-280
@webmarketing123
@bradleywjoe
#wm123
2. Housekeeping Items
Are the slides available?
Yes! Please email ppc@webmarketing123.com
We want to hear from you!
@webmarketing123
#wm123
facebook.com/webmarketing123
Want to learn more?
Contact us for a complimentary PPC Ad Audit. Details at
end of webinar.
#wm123
@bradleywjoe
5. 1 Conversation Rate
Definition of Conversion Rate (CVR)
Conversions
Conversion
Rate Total Clicks
Tip: Don’t just focus on Click-Through Rate (CTR)
#wm123
@bradleywjoe
6. 2 Conversion Rate (CVR)
CVR makes an impact near the end of the search “funnel”
Impressions
Clicks
Conversion Rate
is calculated here Conversions
$
#wm123
@bradleywjoe
7. 1 How to Improve CVR
A core element of all paid search performance
The main ways to improve conversion rate:
Landing page optimization (LPO)
o Google Website Optimizer
Prequalifying in Ad Copy
#wm123
@bradleywjoe
8. 1 Improving Your CVR: Landing Page Optimization
Improving your user experience
Is Your Call to Action Obvious?
Clearly announce what you want users to do
Are there many competing objectives?
Is Your Value Proposition Clearly Stated?
What differentiates you from your competitors?
What inspires visitors to take the next step?
Has your Primary Objective established Visual Priority?
Is the size of elements relative to importance?
Have you considered visitor’s logical eye path?
Have you optimized your lead forms?
Is all information absolutely necessary?
#wm123
@bradleywjoe
9. 1 Improving Your CVR: Landing Page Optimization
Make your business solution compelling
• Capture the theme
• Have a call-to-action
• Experiment with copy variations
• Simplify navigation
• Include a clear offer or incentive
#wm123
@bradleywjoe
10. 1 Improving Your CVR: Google Website Optimizer
Usability testing removes the guess work and replaces with actual
visitor data
• What Conversion Optimization Does:
• Determines what will convert at the highest rate
• Predicts with 95% confidence that winner will increase conversion rate
#wm123
@bradleywjoe
11. 1 Improving Your CVR: Prequalify in Ad Copy
Screen out traffic to ensure only qualified visitors click on your ad
#wm123
@bradleywjoe
13. 2 Average Rank
What it is and why it’s important
Definition: Your ad’s average position on a
search engine during a period of time
Why It Matters:
Rank Volume
However, advertisers pay a premium for higher position
#wm123
@bradleywjoe
14. 2 Average Rank on the Display Network
This metric behaves differently on the GDN
Rank is not very useful on
the GDN
Bidding up can actually
make this metric go down!
Why?
Being eligible for new
search auctions
Being eligible for new
GDN sites
#wm123
@bradleywjoe
15. 2 Average Rank Myths
Common misconceptions regarding average position
Myth: I need to rank in the first position for all
my keywords
Fact: Lowering your position can lead to more
efficient conversions
Why:
Quality of users does not change, only
volume and price does
CVR does not change based on position
http://adwords.blogspot.com/2009/08/conversion-rates-dont-vary-much-with-
ad.html
#wm123
@bradleywjoe
17. 3 Actions Per Impression
Hidden gem for ad testing
Actions Combines both CTR
and CVR into a single
metric
Impressions Helps reconcile
problem on uneven ad
serving
#wm123
@bradleywjoe
18. 3 Actions Per Impression (cont.)
Best practices when using this metric
Remember to set ad serving to “even” for proper testing!
#wm123
@bradleywjoe
19. 3 Actions Per Impression (cont.)
Best practices when using this metric
Remember to set ad serving to “even” for proper testing!
#wm123
@bradleywjoe
21. 4 Quality Score: The Basics
A crucial element of a successful account
What It Is: A measure of relevancy that Google uses
to determine ad performance and cost
Ads Keywords Website
#wm123
@bradleywjoe
22. 4 Why Quality Score Matters
Large impact on overall performance of account
Quality Score (QS) affects three main elements:
Costs QS CPC
Ad Eligiblity
Ad Position
#wm123
@bradleywjoe
23. 4 Improving Quality Score
Improve your CTR!
Copyright Symbol
Incentives
Ad Extensions
#wm123
@bradleywjoe
25. 5 Impression Share
One of the few competitive metrics available
What It Is: Represents the percentage of times your ads were shown out
of the total available impressions your ads were eligible to appear for
#wm123
@bradleywjoe
26. 5 Lost Impression Share Due to Budget
Percentage of impressions not received due to insufficient budget
What This Means:
Lost opportunity due to budget capping!
How to Fix:
Adjust bids so you are no longer hitting cap
OR
Increase your caps
#wm123
@bradleywjoe
27. 5 Lost Impression Share Due to Rank
Percentage of impressions not received due to low ad rank
What This Means:
Your ads now showing up due to low ad position
How to Fix:
Opportunity for more volume if you can afford to bid up
OR
Improve the quality of your ads
#wm123
@bradleywjoe
29. 6 Relative Click-Through Rate (CTR)
Another competitive metric
Defined: Measure of how your ads are performing in the Display
Network compared to other advertiser’s ads that are appearing on
the same websites
Your CTR
Relative CTR
CTR of All Other
Advertisers on That
Placement
#wm123
@bradleywjoe
30. 6 Relative Click-Through Rate (CTR)
Using relative CTR to your advantage
Why Relative CTR Matters: Shows where to concentrate your
optimization efforts
How Relative CTR is Measured:
1.0 is average
1.5 = 50% better than competition
0.5 = 50% worse than competition
#wm123
@bradleywjoe
31. 5 Key Takeaways
• Focus on improving your relevancy to a searcher’s
query
• Competitive metrics are available that help guide
your optimization efforts
• Master the conversion metrics that will have a
meaningful impact on your business
#wm123
@bradleywjoe
33. Register for a Customized PPC Analysis Today!
PPC Ad Audit:
Boost CTR & Quality Score: Are your ads as competitive as they could be? We use proven
techniques to increase the effectiveness of your ads.
Speak to the Right Audience: You might be attracting the wrong audience and wasting
budget. Pre-qualify your audience and only spend money on qualified visitors.
Google Ad-Extensions: Sitelinks, Extended Headlines, and more. Properly use Google’s new
ad formats and increase your CTR by as much as 30%!
PPC Campaign Tune-Up:
Opportunity Analysis: You could be capturing additional revenue with just a few clicks of the
mouse. Our analysis reveals the hidden gems of opportunity that exist within your campaigns.
Increase Your ROI: Nearly every PPC account has wasted ad spend. Our recommendations
eliminate waste immediately and focus your marketing dollars where it counts.
Improve Campaign Structure: You can only go as far as your foundation. Are your
campaigns optimized to increase relevance, clarity, and effectiveness?
Type Your Interest into the Q&A Now
OR
Contact Us: ppc@webmarketing123.com
#wm123
@bradleywjoe