Tired of watered down, poor quality leads from your lead generation company? The last several years, we have been noticing a trend being discussed by our clients. They are telling us that the quality of leads that used to come in from their lead generation services have dropped off the map. At the same time, they've noticed that the quality of leads coming from pay per click has remained superb and even gotten better.
Many lead gen firms use pay per click (PPC) search to attract their leads. Once they have a lead, they will ship it out to a variety of vendors, charging each the same fee. If you are seeing your leads get more saturated, it might be time for you to go right to the source instead of letting the middle men do that for you.
Jumping into Pay Per Click isn't just a matter of setting up a website and contact information. You can certainly get results doing that -- we see it all the time. But to truly compete and drive your cost per lead down, you need some sophistication.
When you launch a paid search campaign, you need to realize that everything in your pipeline, from what keywords to appear on, what ads to run, where to send them, how to get them to take action, etc. -- all of that can be managed and optimized. Let's examine two of these areas.
Let's start with your PPC ad copy. You can certainly just place an ad and let it ride, but with the PPC algorithms placing more and more importance on Quality Scores, you need to pay close attention to your ads. If you can't conduct daily split testing on your ads because of the time and effort, then try outsourcing to a PPC management company. A good firm should be able to double or triple your click through rates.
Maybe that doesn't sound important, but it is. Doubling and tripling your quality traffic can do the same for your number of leads. And, it can lower your costs per click in the process.
But don't stop there, look at your landing pages (the pages where you send your pay per click traffic). Are the contact forms too busy or too buried? Is your phone number buried? There are ton of things you can do to convert leads at a higher rate.
If you can optimize your landing pages over time, you can now take that traffic and double or triple your lead conversions. We've seen it time and time again. So, put in the effort, it is worth the time.
If jumping into the paid search engines sounds like a lot of work, it is. You can roll up your sleeves and make it pay off over time, or you can hire a turnkey PPC management company. A good PPC expert will develop expansive keyword lists, mine keywords from your competitors, conduct daily split tests on your ads, and advise you on your landing pages.
Once you dump those watered down leads and go straight to the source...the results can be phenomenal.
The two monetization models that you are most probably already familiar with are (1) Pay Per Click and (2) Pay Per Sale (affiliate sale).
Question: What Is Pay Per Click (PPC)?
Answer: You display PPC ads on your web pages. A visitor clicks on an ad. You make money per click. This is usually a small amount; mostly in cents.
The visitor's action is clicking.
Question: What is Pay Per Sale (PPS or Affiliate Sale)?
Answer: You display an affiliate ad/link for Product AAA on your website. A visitor clicks on the ad/link and is taken to Product AAA website. If the visitor buys Product AAA, you make an affiliate commission.
The visitor's action is buying. It's a cash-conversion action. The visitor has to buy in order for you to make money.
Question: What about Pay Per Lead?
Answer: It is somewhere between these two monetization models:
PPC - PPL - PPS
Here's how it works... very simple:
You display Pay Per Lead ads on your website.
Visitors click on the ads and are taken to the merchants/advertisers' websites.
The merchant usually offers the visitor something valuable for free, in return for taking some form of action, which does not include buying anything. Pay-per-lead programs are generally designed to promote some type of free product or service.
You make commissions for every person who performs the non-cash conversion action.
Again, people do not have to buy anything in order for you to make money!
What Types Of Action Are Visitors Required To Take?
Here are some:
- Signing up for a newsletter or opt-in list. Visitor signs up, you make money/Pay Per Lead commissions!
- Taking a poll or filling out a survey. Visitor participates in a survey, you make money/Pay Per Lead commissions!
- Supplying contact information like a name/email address. Visitor fills in his/her contact info, you make money/Pay Per Lead commissions!
- Filling a form. Visitor fills in a form, you make money/Pay Per Lead commissions
- Joining a free program. Visitor joins a free program, you make money/Pay Per Lead commissions.
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Both Josh Prizer & Ken Charnley are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Josh Prizer has sinced written about articles on various topics from PPC Advertising. Josh Prizer is a Senior Account Executive and for Zero Company Performance Marketing, a. Josh Prizer's top article generates over 9900 views. to your Favourites.
Ken Charnley has sinced written about articles on various topics from Chapter 13 Bankruptcy, Cooking Tips and Bankruptcy Law. Manage everything from an easy browser interface. Complete, 24/7 control over your own account, via an online control panel.