SEM Search Marketing
Paid marketing through the search engines,
or SEM, is the fastest way to drive targeted traffic to
your web site. Sudden Sites is a Vancouver web developer that also provides SEM.
The cost of SEM varies according to your online industry competition level. 92%
of searches in Canada and 88% of searches in the US are done through Google. If
you are not familiar with SEM paid marketing, here is how the pricing works for
paid search SEM:
SEM primarily involves bidding on key terms
and phrases that target the type of customers you are looking for. The amount you bid on a key term
determines how much you pay and the positioning of your search ad when someone
clicks on a listing and goes to your website. This is known as pay-per-clicks, or PPC
marketing.
In SEM, paid search ads are displayed at the top of the
search engine result pages, or SERPS. There can be up to 4 PPC ads at the top
of the page and up to 3 ads on the bottom of the results page. The higher up
the page you want your search ad to be displayed, the higher you have to bid on
the key term-phrase you want. There are other variants of paid search engine
ads but the bidding process is basically the same. PPC search marketing is just
one of the tools for SEM.
SEM – Positives and Negatives
There are a lot of positives and negatives when it comes to
SEM. If you are not familiar with PPC
marketing there are 5 main factors that you should consider when
formulating a strategy and budget for SEM:
Your online competition has a big impact on
cost. In the screenshot
below is a comparison of the PPC costs for two common terms used in two
different industries. The daycare
industry has far less overall traffic and PPC costs are a lot lower than the
car business. The more competitive
your industry is on the search engines, the more you need to budget for SEM.
The price ranges for your services and-or
products will have a bearing on SEM costs. As a
rule, if you are selling high ticket services and-or products, you are probably
in a high competition online market with higher PPC costs.
Driving traffic to your website is only half
of the SEM equation. Unless you are able to convert paid traffic
into leads and-or sales, you can quickly lose a lot of money. Proper landing
pages, appealing design, clean navigation and a message that sells are critical
for converting paid traffic into sales. Make sure your website is
optimized for conversions before embarking on paid marketing and SEM.
Click fraud is a reality with
SEM. Click fraud can come
in different forms, from jealous competitors trying to jack up your PPC costs, to
fraudsters trying to steal a percentage of more click throughs. The higher the industry
PPC range, the more prevalent the fraud. The
search engines are in a constant arms race to counter click fraud. This is why companies with large SEM budgets
use search engine certified programs to monitor click fraud.
Pinpoint the key terms with the highest
conversion rates. A key
component of SEM is tracking the results from paid marketing. By consistently analyzing your results, patterns will emerge. You will find some key terms attract traffic with way
higher conversion rates than other terms and phrases. You will find some key terms bring in the
wrong type of customer so there is no point paying for irrelevant traffic. High conversion key terms are the core of
profitable SEM.
There are obviously other factors to consider but these are
the main ones.
Interested in SEM?
Give us a call and we can answer any questions you may have
and suggest some marketing solutions. You can also schedule a free consultation on paid
search marketing and SEM.