The 20 Minute PPC Work Week with WordStream's Larry Kim

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CONFIDENTIAL DO NOT DISTRIBUTE 1 Webinar: The 20 Minute PPC Work Week Larry Kim, Founder, CTO April 12, 2012

description

If you can spare 20 minutes per week to optimize your paid search account, you can start to see results from PPC. To see the recorded presentation, visit http://www.wordstream.com/webinar

Transcript of The 20 Minute PPC Work Week with WordStream's Larry Kim

Page 1: The 20 Minute PPC Work Week with WordStream's Larry Kim

CONFIDENTIAL – DO NOT DISTRIBUTE 1

Webinar: The 20 Minute PPC

Work Week

Larry Kim, Founder, CTO

April 12, 2012

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Agenda

• Some shocking yet common problems we see in

PPC accounts

• 7 guidelines for achieving success in Google

AdWords

• Introducing the 20-Minute PPC Work Week

• How to make the most of WordStream’s PPC

Advisor and the 20-Minute PPC Work Week

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Speaker Introduction

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• Larry Kim

– Founder, CTO, WordStream, Inc.

– +10 Years in Search Marketing (PPC + SEO)

– WordStream is a Leading Provider of PPC Management Software & Services

My Contact info:

• Twitter: larrykim

• Google+:https://plus.google.com/103535742941088310823

[email protected]

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Poll Question 1: How much time do you spend

doing PPC work every week?

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a) I'm supposed to do work in my PPC account every week?

b) < 1 hour / week

c) 1-10 hours / week

d) 10-39 hours / week

e) +40 Hours / week - it's my full time job!

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Poll Question 2: What's your biggest Time Sink in PPC Management?

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a) PPC Bid Management

b) Reporting & Analysis

c) Ad Text Authoring

d) Keyword Research / Negative Keyword Research

e) Landing page creation / Optimization

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PPC Trivia! 5 Quick Questions about AdWords Accounts

1. How often do small businesses (spending

under $5k / month on AdWords) do work in

their AdWords account?

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Answer:

• 50% of them don’t even check once per month

• 25% haven’t done anything in the last 90 days

• Agencies & advertisers score the same

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PPC Trivia! (Continued)

2. What percentage of AdWords

accounts have used at least 1

negative keyword in the last 90 days?

CONFIDENTIAL – DO NOT DISTRIBUTE 7

Answer:

• Less than 50%

• And 20% of them have yet use a negative

keyword… ever…

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PPC Trivia! (Continued)

3. What percentage of AdWords

accounts use Conversion Tracking?

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Answer:

• Less than 50% of advertisers have

Conversion Tracking on. That means

they don’t know what’s working.

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Where does all this AdWords data come from?

• AdWords Performance Grader from WordStream

• Free Instant Audit of Your AdWords Account

• Shows you 8 things you can do in your AdWords

Account Now!

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http://www.wordstream.com/google-adwords

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CONFIDENTIAL – DO NOT DISTRIBUTE 10

The Average AdWords Account for

Small & Medium Businesses.

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• 7 Things we know to be true about AdWords Success

• A solution for the AdWords death spiral: The 20

Minute PPC work week!

What can be done about this train wreck?

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At WordStream, we’ve …

Analyzed thousands of accounts.

Talked to thousands of different users

Shared findings with our partners @ Google

We summarized the findings into just 7 things

you need to know!

7 Things that we know to be true

about achieving AdWords Success

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But the right tools,

techniques and education can

make it a LOT EASIER.

1. PPC is Hard…

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A little work every week on your

AdWords campaigns can deliver

big dividends.

2. You get what you put in…

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Figure out what people want

and give it to them.

3. Succeeding in PPC is all about

relevance

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Pause, fix or kill irrelevant,

underperforming keywords to

maximize ROI.

4. Keep your PPC house clean

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Knowing what you want

defines and simplifies your

workflow.

5. You gotta have goals

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Test and iterate, but don’t let

the perfect be the enemy of

the good.

6. Avoid analysis paralysis.

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Spend time with your family,

support the arts, wear

sunscreen, etc.

7. Reward yourself – take a day off!

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Introducing the 20 Minute PPC Work Week!

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Time Task

Min

0 - 1

Check Bids & Budget

- Raise bids on good performing keywords, lower on poorly

performing keywords.

Min

2 - 4

Pause Poorly Performing Keywords

- Look for keyword outliers with below average ROI and/or

Quality Scores and dump them

Min

5 - 9

Do Keyword Research

- Add promising looking keywords to your account

- Negate keywords that aren’t relevant to your business.

- Experiment with more restrictive keyword match types

Min

10 - 13

Ad Text Optimization

- Throw out (at least) your worst 2 ads and replace them

with 2 or more new ones. Try out new ad extensions, etc.

Min

15 - 18

Improve Campaign Relevancy

- Split-up your biggest, most bloated adgroup into 2 smaller,

more targeted ones, or, come up with an idea for a better

landing page offer.

- Try to come up with at least 1 more-targeted ad group or

landing page offer every month.

Min

19 - 20

PPC Reporting

- Brag to your boss (or your client). Create a report and send

it out to let them know about the work you’re doing.

- Set a goal for next month!

Path to Success: WordStream’s 20 Minute PPC Work Week

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Check Bids & Budgets (Minute 0-1)

• Before:

– Analyze account performance (ROAS, CPA, etc.)

– Determine statistical significance

– Determine which keywords to raise and lower bids on

and by how much

• Analyze keyword competition

• Simulate changes

– Validate the changes

– Total Time Taken: Numerous Hours / Week

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Neg. Keyword Research (Keyword Research - Min 5-9)

• Before:

– Brainstorm words that your keywords might

accidentally trigger.

– Analyze account history looking at every click and

search query to figure out if it was relevant or not.

– Set the Negative Keywords

– Total Time Taken: (Forever)

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Keyword Expansion (Keyword Research - Minutes 5-9)

• Use Keyword Suggestion Tools to figure out new keyword opportunities that you may be missing out on

• Review your Search Query Data to uncover promising keywords that you’re broad matching to.

• Determine if the new keyword idea is worth adding or not

• Determine where to place the new keyword

• Make sure the addition of the keyword won’t break anything

• Total Time Taken: Numerous Hours / Week - Forever

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Review Costly Keywords (Minutes 2-4)

• Before:

– Review the most costly, underperforming keywords in

your account

– Determine statistical significance

– Determine if they can be fixed or if you should pause

them (to try out different keywords)

– Total Time Taken: 1 Hour / week

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Will the 20-minute PPC work week really work for me?

• Is 20 minutes / week enough time?

• What if I have more than 20 minutes of issues in my account?

• What if I can’t do negative keyword research (or any of these tasks, for that matter) in 2 minutes?

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Summary: How to Make the Most of PPC Advisor

• Most Advertisers AdWords accounts are a disaster

• Review the 7 Habits of Successful PPC Marketers

• Think of PPC campaign work as a recurring weekly

task.

– (You actually have to do something in your account

every week)

• WordStream PPC Advisor enables the 20 minute

PPC Work Week, an impactful PPC workflow for

managing AdWords accounts

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Poll Question 1

• Question 1: Would you like a personalized demo to

see how the 20 Minute PPC work week can work for

you?

– Yes.

– No thank you. I’d prefer to work +40 hours / week on

PPC :)

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Your Questions

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Thank you for attending our

webinar on: The 20 Minute

PPC Work Week!

Next Steps:

• Free Trial

• Request a Demo

• Grade your AdWords Account

for Free

http://www.wordstream.com/try