In the realm of digital marketing, pay-per-click (PPC) advertising has proven to be a profitable investment. On average, businesses gain a $2 return on investment (ROI) for every $1 spent on PPC. However, aiming for the average isn’t the ultimate goal for businesses striving for success. The objective is to achieve the highest possible ROI, making performance of your PPC strategy a top priority. Discover how to maximize your PPC ROI with these innovative PPC strategies for 2024.
1.Advertising Across Multiple Platforms:
While Google Ads is a smart choice for online advertising due to its extensive reach, it’s essential not to confine yourself to a single platform. Explore alternative platforms like social media networks like Facebook, to effectively reach your target audience. Diversifying your advertising platforms can help you connect with potential customers where they spend their online time.
2.Initiate a Remarketing Campaign:
Remarketing is a potent tool in your PPC toolkit. When you retarget website visitors who have expressed interest in your products or services, they are 70% more likely to choose your offerings over those of your competitors. Remarketing involves targeting individuals who have previously engaged with your website. Google Analytics enables you to create specific audience segments for your remarketing campaigns, allowing you to fine-tune your targeting based on factors like page visits, device usage, and time spent on your site. By building your audience and launching remarketing campaigns in Google Ads, you can effectively leverage this strategy.
3.Harness Ad Extensions:
Ad extensions are not a novel concept for companies well-versed in online advertising. However, it’s crucial to stay updated with the latest advancements in ad extensions offered by platforms like Google Ads. Examples of valuable ad extensions include message extensions, call extensions, and price extensions. Message extensions facilitate direct communication with mobile users, call extensions make it effortless for customers to contact your business, and price extensions provide valuable information about your products or services. Experiment with various ad extensions to enhance your ads’ performance and engage your audience effectively.
4.Prioritize Mobile-Optimized Landing Pages:
Catering to mobile users is imperative. Consider these compelling reasons:
- Over half of the world’s internet traffic originates from mobile devices.
- More than 40% of online transactions occur on mobile devices.
- More than 50% of ad clicks happen on mobile devices.
Despite these trends, many businesses underestimate the importance of mobile-friendliness in their PPC strategy. While your ads may display seamlessly on mobile devices, your landing page’s user experience may fall short. To maximize your ROI from PPC, ensure your landing pages are speedy, functional, user-friendly, and relevant to mobile users. Whether you opt to create mobile-friendly landing pages in-house or use landing page design services, prioritize an exceptional user experience.
5.Explore Lookalike and Similar Audiences:
For a fresh perspective on PPC strategies, consider implementing lookalike audiences on Facebook and similar audiences on Google Ads. While these audience types are available on different platforms, both allow your business to reach users who closely resemble your existing followers, customers, or website visitors. This precise targeting can significantly enhance your campaign’s performance. Take advantage of the automation offered by Facebook and Google Ads to streamline the audience creation process. By combining similar audiences with display remarketing campaigns, you can potentially increase your conversion rate by over 40%.
6.Establish a Realistic Advertising Budget:
An unrealistic budget can hinder your PPC success. While you have the flexibility to set your budget on most ad platforms, achieving desirable results requires a realistic investment. Conduct research to understand industry averages, such as the average cost-per-click (CPC) for ads in your sector. This knowledge will enable you to set a budget that aligns with industry standards and ensures your campaigns have the necessary resources to excel. Use your findings to support your budget recommendations to decision-makers within your company.
7.Craft Compelling, Benefit-Rich Ad Copy:
Effective ad copy is the foundation of a successful PPC campaign. Your ad copy, including headlines, descriptions, and multimedia elements, must captivate users and prompt action. Engage your audience by highlighting what sets your business apart, showcasing relevant prices and promotions, and incorporating powerful calls-to-action (CTAs). Ensure that your landing pages deliver on the promises made in your ad copy. Focus on highlighting the benefits, rather than just the features, of your products or services. Crafting compelling ad copy may require time and effort, but its impact on your campaign’s performance is undeniable.
Staying ahead of the curve is crucial. These seven innovative PPC strategies for 2024 offer businesses a roadmap to enhance their returns. By implementing these strategies, your business can thrive in the world of PPC.
If you’re looking to boost your PPC strategies, don’t hesitate to reach out to Digiboost. Our experts are here to help your business and achieve your digital marketing goals. Contact us today to get started!