I am advertising Coffee News online using Google Adwords. And noticed that Coffee News is one of the zillions of “Work At Home Business Opportunities.”
I used all my skills to select the applicable “home business” keywords for my ad campaign. I wanted to pay a reasonable rate per click until I know what works.
Never did I realise that the keyword phrase “Work At Home Business Opportunities” is so competitive that Google can push the cost per click to R213 (about $20) just to be on the front page.
Yes.
Not the number one position, only making it to the front page. What makes this more extraordinary is the fact that I am only advertising to the South African market.
Let’s put this into perspective:
- A Coffee News ad in South Africa will cost you R200 per week and you can get between 5000 and 7000 people reading your ad.
- Google are asking R213 per click-through to my website for this small business keyword phrase.
What is the risk when you bet on “Work At Home Business Opportunities” using Google Adwords?
Online you don’t have a salesman giving the sales spiel. You only have a web page waiting to relay the message and if that message is confusing — not to the point you’ll loose the visitor and the R213. An expensive click!
That’s why I have created a squeeze page with only one intention in mind – I want people to ask for more information. Nothing else. Not one link. Just one option. Give me your name and email address because I want to cultivate you. Now, tomorrow and the day after – until you are ready.
Without elaborating:
Paying R231 per click for the keyword phrase “Work At Home Business Opportunities” is nothing when you can convert the visitor from being an observer to being involved. If you don’t know what you do the risk is high.
Clate Mask from Infusionsoft sends me an email today:
“After all, one of the greatest benefits of marketing is the ability to measure your efforts. And, for a business owner, this is a valuable ability.”
This reminds me of the lesson that off line advertisers should learn:
- They should measure the response to an ad
- They need to measure the conversion rates of their ads.
If not they are wasting their money.
I have seen big and not so big business waste money on TV advertising without being able to measure the number of new clients or the number of old and current returning clients.
How do you measure online marketing conversion rates?
I will discuss it in a new post.
By the way: I am not paying Google R213 ($20) for “Work At Home Business Opportunities”.
Why not?
Until I have measured all my sales tools (from the ads I placed to the final word people read and making a sale) I will not. Because I need to know how much I am spending before I make a sale.
Have Fun
Johan Horak
P.S. If you have some great ideas to share on measuring off line marketing let me know using the comment area.