If you are thinking about advertising your web site, chances are you feel it's under performing. While expensive, it's tempting to run right out and place pay-per-click advertising on Google, Yahoo, Bing or others but that shouldn't be your first step.
Your first step, is to do a comprehensive review of your current site. Ask yourself the following questions:
Is the site attractive?
Is the information current?
Is the information thorough?
Is it easy to navigate?
If you answered 'no' to any of those questions, start with getting your site up to 'snuff first.
Think of it this way: If the restaurant's food is lousy, will more advertising help it?
One more question to ask yourself:
Is your site properly search engine optimized?
If it doesn't come up well in search engines, remedying that deficiency will be your cheapest
'advertising' expenditure by far. Anticipate $30-75 per page, depending on the work needed. Pay for it once and it should be good for as long as a couple of years.
OK, so everything about your site is good, what next?
Online advertising is basically sold three ways:
Usually sold by the larger media outlets (think newspapers, yellow pages,
cable TV, etc.) These web sites charge per 1,000 impressions, or basically per 1,000 times they
'display' the ad. There is usually a minimum purchase, and costs commonly range from $4-25/per thousand
impressions depending on ad size and placement quality.
. This is the preferred sales method for small sites, because it requires
less programming, monitoring, labor, statistical analysis, etc. Sites that allow unlimited advertisers per
page, typically charge $50-200 per year. Sites that restrict the number of advertisers may
charge $20-100 per month. Chambers of Commerce, independent directories and private sites
tend to fit this paradigm and be quite cost effective if the web site or the page purchased is highly targeted and has justifiable traffic.
The largest players (Google, Yahoo, Bing, etc.) tend to specialize in
pay-per-click and display advertising. Essentially, you pay for 'visitors' who enter
your web site. Your ad may display for free, but each user who clicks through and lands on
your web site will cost you. Typical costs will run somewhere between $0.50 and $5.00 per
visitor, depending on category or keyword competition. Costs commonly range from $0.25 to $10.00 per visitor
. Per visitor costs of $2.50ish are common.
Remember that visitors
don't equal buyers
. Conversion Rates vary widely by industry,
local competition, etc. but can be safely presumed to be 1/2 percent to 2 percent (.005 to .02). At $2.50
per visitor and 1/2 percent conversion, a new customer just cost you $500.
So what is a web site owner to do?
Determine your purpose in advertising.
If you are trying to build brand or product awareness, then buy the cheapest per impression advertising you can find.
What if I can get my cost per click down around a cost per impression: wouldn't that be better?
If you are trying to get sales, usually per week/month/year will be more cost effective, if the pages where your ad will
run are specific to your product. These costs per impression are likely to rival per impression advertising on a per display basis, but the
response rate will usually be much greater because users on that page are already seeking information about products or services like yours. For nearly instant sales, pay-per-click advertising will be more effective.
But because pay-per-click platforms are almost always bid-based, finding inexpensive clicks that will run on
the first page of the search engines is almost impossible, and past the 2nd page you will be seldom seen (statistically).
Are there other things I can do?
Yes, get listings and bold listings everywhere you can find
(or afford). Anticipate $10-$50 per listing per year, more for premium listings.
Set a budget, look around, and purchase some line or bold listings. A budget of $200 annually, spent among several sites,
is money well spent. It may also help your own site's search engine rankings!
Some of the sites we like include:
About the Author
George C. Jobel does web development and SEO consulting and has been helping clients develop successful
online & multimedia marketing since 1995. The author of numerous articles and publications, George taught
web development and marketing classes for over a dozen years beginning in 2000. You can reach him at his
web site, or 603.491.4340.
Disclaimer: Please note that author owns and publishes both DirectoryNH.com and UpStateNH.com.
Reprinted With Permission: from UpStateNH.com