cct356: online advertising and marketing
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CCT356: Online Advertising and Marketing. Class 3: Pay per Click Advertising. Admin. At least three guest lectures confirmed to come in – Julie Tyios , either/both of Michael Cayley /Christina Wiggings , either/both of Keith MacDonald and Vivian Ip . - PowerPoint PPT PresentationTRANSCRIPT
CCT356: Online Advertising and
MarketingClass 3: Pay per Click Advertising
AdminAt least three guest lectures confirmed to come
in – Julie Tyios, either/both of Michael Cayley/Christina Wiggings, either/both of Keith MacDonald and Vivian Ip.
We will move things about some to accommodate as required
The core of online adsPPC – pay per click CPM still exists and is supported by many
(including FB) and still is core of traditional media advertising (e.g., million-dollar spots in Super Bowl)
Limitations are clear though
Case: GoogleAdwords– buying based on contextual informationRight words = right placementAuction-based system for placement and payment
on clickthroughSponsored links – changes nature of searchBut also democratized ads – you and I can easily
advertise if we so chooseObviously successful – Google and FB revenue
models largely based on PPC
Initial controversyEarly days of search – concerns about placement
– similar to issues of net neutralityDo people who pay more deserve
better/consistent placement?How can search engines operate without a
revenue stream? What about situations like Wikispaces?
Basic structure of AdwordsHeading Two lines of text URLCan be difficult to smash everything you need to
say in such limited spaceVarious rules
Keywords and match types
BroadPhraseExact NegativeAll based on standard search
techniques/technologiesThe more precise you are, the more likely you get
what you want – and the less likely you get random but helpful connections
BroadAllows for variations and synonymous terms
(e.g., “sneaker” vs. “shoes” – obviously the same thing)
Allows for common misspellings (e.g., “did you mean X?” will show ads for X.)
Phrase“tennis shoes” = only search phrases that
include that specific phrase (but can include other words)
Advantages/drawbacks?
Exact[tennis shoes] = this and only this will trigger adAdvantages/drawbacks?
Negatives(-) X = if people are searching for something
that has an imprecise meaning you can exclude common misinterpretations
Examples?
Ad placement – a delicate balance
A complex mechanism – unlike traditional adsBidding based on price points, min/max PPCPlacement based also on relevance
(signal/noise) : relevance of keyword, search term, ad copy, landing page, previous CTR history
Advertisers want attentionSearch engines want relevant attention
CTR, PPC, CPA, ROIClick through rates (CTR) dependent highly on
position If you’re aiming to be result #1 on Google, great
– why?CPA = cost per acquisition.What are you acquiring?ROI should be based on that.
Long TailInternet has democratized access to content –
everyone technically equalAllows for niche products to stand out – at least
more so that in standard practiceThat noted, people are still pretty predictable
and follow patterns – there’s just so many more patterns to follow
Steps to effective PPC ResearchDefine GoalsDefine Budget, CPAKeyword research Write adsPlace bidsOptimization
An effective landing pageYou only get one chance to make a first
impressionShould represent value of product or serviceAvoid annoying Flash intros – pointless, no value
add, and inaccessible for most mobile devices
Keyword guessingPart art, part scienceMany tools provided in text – when planning
campaign, best to make an educated guess on words that will be inevitably used
A note on PPC fraudNot a new phenomenon – 1-800-USA-ARMY
exampleMischievous behaviour continuesMore control to combat this – if you pay
attentionMonitoring is key – you have access to the best
stats available, and it’s your problem if you choose to ignore them
Overall benefitsVery low cost barrier – again, we can all
advertise online right now, if we’d likeTracking of costs - micro level stats exist – use
themFilters allow for very precise targetingContextual ads = appreciative audience –
they’re often quite interesting
SEO/SEMA very lucrative field Not “hacking” as much as using the tools
available to the best of your abilityBe wary to keep a certain moral compass
around – people who violate basic rules poison the water for everyone
Next couple of weeks…More on SEO/SEM and affiliate marketing –
foundation of social media marketing