This isn't rocket science. You could figure this out for yourself by
just analyzing your own behavior. Are you that different from your
potential customer?
How many times have you read a sales page on the web, scrolled
down to the price, and decided to just think about it a while. Days or
even weeks later you come across another ad for the product and go back to
re-read the sales page - make sure your first impressions were right.
That maybe, just maybe the product is something you want or need.
Then you check the price again. Can you really justify that much
money right
now? You decide to think about it until later tonight, or tomorrow...
Get the picture?
Is there any reason to expect your visitors to behave any differently than
you do? Is your ad so much better and the product so great that your
visitors will just have to snatch it up the first time they click through from
your ad?
With a single contact, it's much easier to get a visitor to sign up for a
free newsletter or quality download, and then you get to contact that same
visitor more than once.
I've been using Google Adwords for about a year for various campaigns.
On
one campaign I got 866 click thrus (1%) last month and from those, I got 209
sign ups for a free 5-day course. At 8 cents per click, that means it cost me
$65.35 for those 209 opt-ins.
But...
I promote 2 different recurring income programs in the free course and
follow-up emails. If 2 of those 209 opt-ins sign up for one of those programs
(1% conversion), I'm better than break even for the month.
For every month that they keep their membership, the commissions for those
months are pure profit. Plus they're still on my list and I can promote
other offers to them over time.
Rather than trying to sell a product with PPC advertising, I use it to
generate targeted leads.
I know that they are interested in what I'm selling because my course is
closely aligned with what I'm selling. Rather than a single shot at them when
they click on my Google ad, I get to send them an email every day for 5
days. Then
I send them a special report at the end of the course that still promotes my
primary offer, and they are on my list so I can keep selling to them.
For the right product in the right niche, with a great sales page and a
good commission rate - you may be able to do very well promoting the
merchant's sales page for a while. But when the sales begin to dry up
you have to start all over again, because they were never your customer.
They are the merchant's customer.
You don't have their contact info, much less their permission to contact
them. How are you going to sell anything else to them? What was
the total lifetime value of the customer?
Instead, use your PPC ads to get an opt-in. Create a sales page to
give away a free course or a subscription to your newsletter - in exchange for
an opt-in to your list.
Each click-thru costs the same. In fact it may be cheaper - because
there's less competition (and more demand) for freebies on the
Pay-Per-Clicks. Most advertisers aren't willing to spend money to give
something away, and there are many more prospects willing to pay with their
email address rather than cash.
What's the down side of this strategy? You'll probably pay for some
opt-ins that will never buy anything from you (but you paid the same as you
would have paid for a single opportunity to sell to them).
The up side? You get many chances to "warm" them to your
original offer - greatly increasing your chances of making a sale. You
get to make offers for related products - greatly increasing your chances of
making a sale. You get to "poll" them to see what other
products might be of benefit to them - greatly increasing your chances to make
ANOTHER sale.
If you can make a sale from a single exposure to your PPC ad, great.
More power to you. But at the very least, make sure you capture the
lead. Don't spend your 5¢ simply to have them click away - never to be
seen again!
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About the Author:
Sid Hale is the owner of several successful websites including
ad-CLiX.com and Info-Syndicate.com,
and is co-creator of
jvAlert
- a membership site for facilitating high-level Joint Ventures.
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