August 2008 | Page 3 of 4 | The Web Authority

August 11, 2008August 4, 2008

PPC Strategy 101

If you need extra push for your business, then you should seriously be looking at Google AdWords first. Yahoo is a good second choice to consider, but for most people, you really don’t need to consider MSN at this time.

MSN has lost so much traction in the world of pay per click, that I have to say I just don’t think that investing in the set up and management of a program there warrants the expense. There is a very narrow market there and the return on investment is simply not happening.

It used to be that for the majority of accounts you would receive nearly half of your AdWords conversions on Yahoo and then again about another half of what you got on Yahoo on MSN, but now the figures are even more dismal. Here is just one very pointed example for one high tech client:

Google AdWords: 4725 clicks, 209,254 impressions 2.26% CTR

Yahoo: 1536 clicks 87,136 impressions 1.76% CTR

MSN: 69 clicks 1,970 impressions 3.50%CTR

This program is just showing on search and search partners, no clicks are coming from content. Clearly MSN simply does not have the technical search traffic for industrial and high tech customers that Google and Yahoo do.

If you are selling entertainment products, beauty products MSN may still be a solution for your needs but if your PPC program is for technical and business don’t waste your time with MSN at this point.

August 8, 2008August 4, 2008

Escalating Costs Push Businesses to Raise Prices

We’re not alone when it comes to getting the “squeeze”! It’s all around you – higher gas prices, pending winter fuel price increases, rising food prices, increases in Internet service, changes to credit policies, the list is endless and growing.

It is not surprising that many businesses are trimming down, cutting back or being forced to raise prices to offset the increase in costs to just stay in business. So what can you do, anything to stay profitable in this changing and shifting business climate?

Here are a few tips to help you weather the storm and stay profitable.

1. Trim your overhead first any way you can before you automatically consider a price increase passed on to customers. It may be as simple as moving from 24 pound paper to 22 pound paper, not ordering office supplies that simply sit on the shelf – ordering only when needed, to installing a programmable thermostat in your office. Trim where you can smartly first.

2. If you do feel that you must raise your prices to cover your overhead, be sure that you can afford to do so. It is naturally for some clients to simply decide to chop your services when you increase prices. If losing any clients will mean real trouble for you, consider layoffs, payroll cuts, and dropping perks before raising your prices first. For some raising prices may simply mean better efficiency and improved quality of life, for other raising prices may start a downward spiral that will be hard to stop.

3. Work smarter, try to share the load when you have multiple tasks. Here’s one example it may be more cost efficient to turn over routine reporting tasks to a person who you will pay $25/hour to and then have the higher paid team members start an ad on selling program to existing clients with their new free time. Make sure that all clients know about your service offerings. You may be able to very easily pick up extra business with a few phone calls offering expanded services to your existing client base. You may even want to consider adding services to your offerings to complement what you do sell or provide now looking to sell more to the clients you do have now.

Anyway you look at it, the business client is tightening, pulling in, and adjusting. Make sure to look for creative options before you try to put the “squeeze” on your own customers.

August 6, 2008August 4, 2008

Building Sales Through Your Web Authority

If you have worked hard to become the authority in your field or industry, now’s the time to use that clout to leverage sales. But exactly how do you do that?

By using your platforms of course! If you have created web authority with your blog, your e-newsletter, or your own website, now is the time to add the marketing push to make it all translate now into sales.

What I routinely will do is to create a timed promotion and then heavily promote what I am offering or selling on my platforms. If you have the ear and readership of your audience, you will not alienate them with a judicious use of self promotion. I mainly use my monthly e-newsletter for my special promotions and not my blog but you may choose otherwise.

In fact, as you have worked hard to establish yourself as the authority in your field you have shared, tips, strategies, and your intellectual capital. Now’s the time to call in the “chips”. I don’t mean change your message all the sudden and use your platform for a “spamming marketing machine”, but I do mean, making sure that client’s and prospects know what you sell and service, and that you want them to call you when they need help. Done in a non-threatening, non-pushy way, you will find that you are providing a real service to those reading or watching your platforms.

So here’s my little “bug in your ear” on this specific topic. We provide webmaster services if you didn’t know. We don’t need to have designed your website to provide content updates to your website or to tweak it for performance. Webmaster services are a core business for us and we employ two contractors to assist us with updates. Typically updates are completed within 24 to 48 hours and sometimes even on the same day. Although we are not a good technology match for every website, those that we do work on, we are attentive to detail, and provide very affordable fast service. Our minimum billing is only $7 and our hourly rate is $68 per hour rounded up in 6 minute increments. So, if you need a responsive webmaster on your side, think of McCord Web Services! Now that was painless wasn’t it?