Pay
Per Click (PPC) Advertising
Pay per click (PPC) advertising
was pioneered in 1997 by GoTo.com, which was later
renamed Overture Services. Forrester Research
recently forecast the pay per click advertising
spend to reach $11.6 billon in 2010 becoming the
dominant form of advertising on the Internet.
Today the market is dominated by Google and Yahoo!,
who bought out Overture in 2003. Ask Jeeves recently
launched their own proprietary system and MSN
will be entering the market in late 2005-early
2006. There are also a number of second tier players,
including FindWhat and LookSmart that have been
competing in the market for a number of years.
Pay per click advertising
allows a company to bid on a keyword in a live
auction marketplace. These keywords along with
ad copy appear on the results page that a search
engine returns for a user query. PPC ads are usually
displayed at the top and bottom of each search
return page and along the right hand side surrounding
the natural / organic search returns. PPC ads
can also be displayed on web pages that incorporate
contextual marketing links, such as Google’s
AdSense program and the new Yahoo! Publisher Network.
The ads are displayed based on the web page’s
content and are regulated by the same bidding
mechanism that is used for determining ad placement
within the search results pages.
Pay Per Click Benefits
PPC advertising offers
several benefits to advertisers. First and foremost
PPC is an effective tool for driving sales in a
short period of time. Unlike SEO campaigns which
can take months before any significant results are
seen, pay per click advertising campaigns can start
generating leads within minutes of launch. Advertisers
only pay when an ad is clicked on so in theory every
click is a potential sale. The reality of the market
is somewhat different but nonetheless PPC advertising
has proven itself to be a highly effective direct
sales vehicle. Pay
per click advertising is also effective for increasing
brand awareness. A recent Internet Advertising
Bureau (IAB) study tracking the branding effect
of search engine ads and PPC contextual ads found
that on average respondents asked to name a specific
leading brand within a tested industry were 27
percent more likely to name the brand displayed
in the top spot in the PPC search results compared
to a control group not exposed to the ad. For
PPC contextually targeted text advertising the
text ad caused a 23 percent brand awareness lift
among respondents that saw the ads. As more ad
spending switches from television to the Internet
the importance of branding through PPC ads will
become even greater.
Paid Inclusion Trusted Feeds:
Currently the only major
search engine to offer a paid inclusion program
is Yahoo! with their Search Submit program. Paid
inclusion guarantees that your pages will be indexed
by the Yahoo! search spider but it does not guarantee
where your listing will appear in the search results.
Each time someone clicks on a listing a fee is
paid to Yahoo! for including it in the search
results.
Sites that use dynamically
generated pages often have a hard time getting
indexed. For these types of sites paid inclusion
can be an effective means for garnering listings
but merely getting pages indexed does not guarantee
that they will generate traffic to the site. Paid
inclusion is best used in conjunction with SEO
and is not normally a standalone solution for
garnering new potential customers.
|