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Competitor Analysis:
   Spread Betting Google Ads
    By Karim Gargum, October 18th, 2010




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
Summary
   In this document I’ll be reviewing the google ads and associated landing
   pages for the top financial spread betting providers. I’ll outline strengths
   and weaknesses as well as outline any changes I’d make.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
CMC Markets
                                                                      No mention of the
                                                                      new ‘pricing
                                                                      engine’ from the
                                                                      ad. A clear ‘find
                                                                      out about our new
                                                                      pricing engine’
                                                                      headline or link
                                                                      would do the trick.
                                                                      Also, the ad lacks
                                                                      a clear ‘apply now’
                                                                      type of call to
                                                                      action.


                                                                      Clear page with easily
                                                                      identifiable call to
                                                                      action buttons for
                                                                      users who just want
                                                                      to get on and open
                                                                      an account




                                                                      Further information
                                                                      for newbies and
                                                                      those wishing to find
                                                                      out more about
                                                                      CMC’s service.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
IG Index
                                                                         Clear ad with no-
                                                                         nonsense call to
                                                                         action.




                                                                      Nicely designed
                                                                      page, however what’s
                                                                      missing from this
                                                                      page is a clear,
                                                                      prominent ‘apply
                                                                      now’ button. The
                                                                      ‘how to apply’
                                                                      section is good but
                                                                      it’s just not prominent
                                                                      or clear enough.

                                                                      They could also
                                                                      better organise this
                                                                      page by creating a
                                                                      better division
                                                                      between information
                                                                      for spread betting
                                                                      novices and more
                                                                      experienced users
                                                                      who want to find out
                                                                      more about IG’s
                                                                      particular service.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
City Index
                                                                       Clear enough ad,
                                                                       good closing call
                                                                       to action and ties
                                                                       in nicely with the
                                                                       landing page
                                                                       headline.



                                                                      Very clear,
                                                                      uncluttered landing
                                                                      page. Nice prominent
                                                                      ‘apply’ button.
                                                                      Includes link for user
                                                                      to visit main website
                                                                      for more information.

                                                                      This page is very well
                                                                      suited for users that
                                                                      are far along the
                                                                      buying cycle, i.e.
                                                                      ready to apply for an
                                                                      account. For users in
                                                                      the research phase
                                                                      it’s not as useful.
                                                                      However one could
                                                                      argue that it’s better
                                                                      to focus on the
                                                                      former group when
                                                                      advertising using
                                                                      Google Ads.


© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
GFT
                                                                       At least this ad
                                                                       sounds a bit
                                                                       different from the
                                                                       rest, what’s this
                                                                       surprise then eh?




                                                                      They do have a link
                                                                      for a practice account
                                                                      but a clear ‘apply
                                                                      now’ button would be
                                                                      useful, instead of a
                                                                      live chat button. Also
                                                                      there’s no tie into the
                                                                      promise of ‘being
                                                                      surprised’ made in
                                                                      the ad.

                                                                      This could be more
                                                                      clearly alluded to in
                                                                      the main headline.
                                                                      Perhaps with a link to
                                                                      find out more about
                                                                      the GFT service.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
SpreadEX
                                                                       Attractive offer and
                                                                       good call to action.
                                                                       I’d suggest putting
                                                                       the £400 offer in
                                                                       the ad headline
                                                                       however.




                                                                      Clear page with very
                                                                      prominent apply
                                                                      button. the ‘1,2,3’
                                                                      buttons are useful too
                                                                      for outlining the
                                                                      process potential
                                                                      clients need to go
                                                                      through to claim the
                                                                      £400 account bonus.


                                                                      I would look at
                                                                      making the £400
                                                                      more prominent on
                                                                      this page too but
                                                                      putting it in the main
                                                                      headline. After all,
                                                                      this will be a main
                                                                      motivator for
                                                                      potential clients.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
WorldSpreads
                                                                       Bold ad to go with
                                                                       a bold marketing
                                                                       tactic. Could be
                                                                       strengthened with
                                                                       a clear call to
                                                                       action.




                                                                      Clear page, however,
                                                                      with two competing
                                                                      promotions for
                                                                      different target
                                                                      groups it would be
                                                                      better to split these
                                                                      into two separate
                                                                      landing pages each
                                                                      with their own
                                                                      specific set of google
                                                                      ads.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
Saxo Bank
                                                                       Ad promotes a
                                                                       demo account but
                                                                       this isn’t very
                                                                       prominent on the
                                                                       landing page.




                                                                      Very prominent and
                                                                      scannable ‘apply
                                                                      now’ button. Nicely
                                                                      organised links for
                                                                      users to find
                                                                      additional information
                                                                      to support their
                                                                      purchase decision.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
Conclusion


     Obviously this isn’t an exhaustive study and only focuses on one
     particular keyword. Hopefully it will be useful to those wishing to get a
     quick over-view of how the various financial spread betting providers are
     conducting their Google advertising. As well as provide some useful tips
     for anyone managing the search marketing for these or other spread
     betting brokers. If you have any questions about this document or want
     more information feel free to email me at Karim@KarimGargum.com.




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
About the Author
   I’m a London-based online marketing specialist with over eight years
   experience marketing retail financial services. This includes financial
   spread betting, foreign exchange trading and Contracts For Difference. I
   focus on helping companies generate more flow from their online
   marketing with a special focus on search marketing and social media.
   My key details are as follows:

   Website - www.KarimGargum.com
   LinkedIn - http://uk.linkedin.com/in/karimgargum
   Twitter - http://twitter.com/Kazimor




© Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com

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Financial Spread Bet

  • 1. Competitor Analysis: Spread Betting Google Ads By Karim Gargum, October 18th, 2010 © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 2. Summary In this document I’ll be reviewing the google ads and associated landing pages for the top financial spread betting providers. I’ll outline strengths and weaknesses as well as outline any changes I’d make. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 3. CMC Markets No mention of the new ‘pricing engine’ from the ad. A clear ‘find out about our new pricing engine’ headline or link would do the trick. Also, the ad lacks a clear ‘apply now’ type of call to action. Clear page with easily identifiable call to action buttons for users who just want to get on and open an account Further information for newbies and those wishing to find out more about CMC’s service. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 4. IG Index Clear ad with no- nonsense call to action. Nicely designed page, however what’s missing from this page is a clear, prominent ‘apply now’ button. The ‘how to apply’ section is good but it’s just not prominent or clear enough. They could also better organise this page by creating a better division between information for spread betting novices and more experienced users who want to find out more about IG’s particular service. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 5. City Index Clear enough ad, good closing call to action and ties in nicely with the landing page headline. Very clear, uncluttered landing page. Nice prominent ‘apply’ button. Includes link for user to visit main website for more information. This page is very well suited for users that are far along the buying cycle, i.e. ready to apply for an account. For users in the research phase it’s not as useful. However one could argue that it’s better to focus on the former group when advertising using Google Ads. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 6. GFT At least this ad sounds a bit different from the rest, what’s this surprise then eh? They do have a link for a practice account but a clear ‘apply now’ button would be useful, instead of a live chat button. Also there’s no tie into the promise of ‘being surprised’ made in the ad. This could be more clearly alluded to in the main headline. Perhaps with a link to find out more about the GFT service. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 7. SpreadEX Attractive offer and good call to action. I’d suggest putting the £400 offer in the ad headline however. Clear page with very prominent apply button. the ‘1,2,3’ buttons are useful too for outlining the process potential clients need to go through to claim the £400 account bonus. I would look at making the £400 more prominent on this page too but putting it in the main headline. After all, this will be a main motivator for potential clients. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 8. WorldSpreads Bold ad to go with a bold marketing tactic. Could be strengthened with a clear call to action. Clear page, however, with two competing promotions for different target groups it would be better to split these into two separate landing pages each with their own specific set of google ads. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 9. Saxo Bank Ad promotes a demo account but this isn’t very prominent on the landing page. Very prominent and scannable ‘apply now’ button. Nicely organised links for users to find additional information to support their purchase decision. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 10. Conclusion Obviously this isn’t an exhaustive study and only focuses on one particular keyword. Hopefully it will be useful to those wishing to get a quick over-view of how the various financial spread betting providers are conducting their Google advertising. As well as provide some useful tips for anyone managing the search marketing for these or other spread betting brokers. If you have any questions about this document or want more information feel free to email me at Karim@KarimGargum.com. © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com
  • 11. About the Author I’m a London-based online marketing specialist with over eight years experience marketing retail financial services. This includes financial spread betting, foreign exchange trading and Contracts For Difference. I focus on helping companies generate more flow from their online marketing with a special focus on search marketing and social media. My key details are as follows: Website - www.KarimGargum.com LinkedIn - http://uk.linkedin.com/in/karimgargum Twitter - http://twitter.com/Kazimor © Karim Gargum 2010 www.KarimGargum.com email Karim@KarimGargum.com