So you tried Pay Per Click (PPC) and it was a disaster, huh?
You were paying like $10 per click and then most of those clicks left you high and dry, without even an email address to follow up with. First off: that’s not an uncommon experience.
For the most part, it’s not you – it’s Google. Second off: with a little of the right knowledge, you CAN make PPC work for you, and you don’t have to be an online marketing guru to get a good return on investment (ROI).
Now, when I say “it’s Google,” I’m not saying they make it difficult on purpose. It’s just a complicated system. No way around it. I’ve heard from a number of real estate investors that they would love to understand how to navigate AdWords and turn PPC into a valuable marketing option, so this is the first in a three-part series where I’ll break it down for you and show you how to do that.
How to Use PPC Advertisement in Real Estate
- Today: A quick overview of what AdWords is and how it works
- Next week: 5 ad creation tips on how to maximize your cost per click (CPC)
- The following week: How to navigate the many targeting options Google provides to make sure the RIGHT people are the ONLY people seeing your ads
Let’s get started!
What is Pay Per Click?
Pay per click is an online ad marketing tool that lets you run web ads on Google and only PAY when someone CLICKS.
Easy enough, right? You pay per click. You know what these ads are, even if you don’t know it; they are in the red boxes and marked with the little yellow “Ad” icon…
Google’s PPC platform is called AdWords, and you will need an account to set up your PPC campaigns. It’s easy to sign up and it’s free, but you should wait until you are ready to actually launch a campaign to do so, because Google will want you to start a campaign right away. (You can always pause it later if you want to get started right now.)
Where Do These Ads Show Up?
When you purchase PPC ads through Google (which is highly advisable, as a huge majority of people use Google versus other search engines), this means that your PPC ads will show up in Google searches and across Google’s entire display network.
This is an EXPANSIVE network of millions of websites, many of them high-traffic. For example, CNN.com, HGTV.com, Discover.com, NYTimes.com are all part of Google’s network, along with many smaller, local websites as well.
(You can, of course, also narrow this huge network down to your correct target market, but we’ll get to that later on.)
How You Pay
PPC pricing is based off of a bidding model.
Basically, you enter a bid you are willing to pay for a particular keyword, like “we buy houses” or “I need to sell my house.” Google suggests a good place to start, but you can bid whatever you want. (Those numbers next to the keywords are just suggestions, I swear!)
Obviously, the higher you bid, the more often (and higher up on the page) your ad will appear. You search for these keywords in the Keyword Planner tool.
The Types of PPC Ads
There are 3 kinds of PPC ads.
1. Text Ads
These ads mostly show up along with Google’s search results. They can also show up on other websites if you want (but more on that in later articles).
2. Display Ads
Display ads are visual banner ads. You see them all over the place. They can be on any site in Google’s Display Network, which is HUGE, like I said up above. These ads look like this…
3. YouTube Ads
So that’s a brief introduction to AdWords. Hopefully you picked up a few tidbits that clarified how the system works. If you are still unclear about how AdWords functions, shoot me a question in the comments and I’ll do my best to help you out!
And don’t forget to look for the next post in this series next week, wherein I’ll give you 5 tips on creating ads that maximize cost per click!
Be sure to leave your comments below!