paid campaigns
brand genieus knowledge series
Should I be running Paid Campaigns?
Advertising online is essential for businesses of all sizes, however, small businesses face unique challenges when it comes to marketing. With fewer resources and a limited budget, how can small businesses effectively compete against larger corporations?
Discover how effective online advertising can be for any size business by implementing the right tactics. We hope this writeup will provide you with strategies and advice to boost brand recognition and business growth even with limited funds.
Begin by exploring the most effective strategies for promoting your small business online, with a focus on identifying the most successful techniques.
Do you know what online users are looking for?
Have you identified the specific locations and times they are searching?
What strategies can you implement to set your product apart from the competition?
After responding to these inquiries, you will be able to implement a marketing plan to expand your business and connect with a larger audience.
Attention small business owners! Are you in search of cost-effective and practical online marketing strategies? Look no further – continue reading for some valuable tips!
Google Ads for Small Businesses
In earlier times, during the 20th century, promoting small businesses locally typically consisted of spreading your message to wide audiences with the aim of attracting a small portion of them. You might have placed an advertisement in the Yellow Pages or a community newspaper, or even purchased airtime on the radio, all in anticipation of positive results.
By utilizing online advertising, you can reach a specific audience and easily track their response to your ads, making it a more efficient and economical method of promotion.
Paid search marketing is a highly quantifiable method of online advertising. By placing ads in search results related to your business, you can reach potential customers actively searching for similar products or services. Each click on your ad incurs a small fee to the search engine.
Paid search advertising, commonly referred to as PPC or pay-per-click marketing, is identified by this factor.
Google Ads is the go-to choice for PPC advertising due to Google’s dominance in the search engine market. By following these best practices, even those with limited funds can effectively utilize Google Ads to benefit their small businesses.
One way to enhance your Quality Score is by tailoring your ads to target specific demographics (such as women or individuals with high incomes), or by setting up your ads to only display during your small business’s active hours of operation. Google evaluates each keyword in your account and assigns it a Quality Score between 1 and 10 based on how well your ads match the search queries. Higher quality ads lead to a better score, resulting in higher ad placement at a lower cost per click. By investing the effort into creating top-notch ads, businesses can increase visibility while saving on advertising expenses.
Optimize your advertising strategy by focusing on keywords with high intent. Place ads exclusively on searches reflecting commercial intent, where searchers are actively looking to make a purchase. For instance, as a real estate agent, targeting specific phrases like “Boston 2-bedroom apartment available now” holds more value than generic terms like “vacation rentals.”
Conduct thorough keyword research to pinpoint these optimal terms, often referred to as the “sweet spot” keywords. Utilize various targeting methods to allocate your budget effectively. Employ targeting parameters to showcase ads to specific demographics or limit exposure to your small business’s active operating hours.
Enhance your advertising efficiency by working on improving your Quality Score. Google assigns a Quality Score, rating your keywords from 1 to 10 based on the relevance of your ads to the searcher’s intent. Higher relevance translates to a better score, resulting in improved ad rankings at a lower cost per click.
To bolster search engine optimization, integrate relevant keywords such as “keyword research,” “targeting methods,” and “Quality Score” into your content. Craft clear and concise information, aligning with SEO best practices to increase the visibility of your message.
Include a call-to-action, encouraging businesses to invest time in creating high-quality ads to gain more exposure at a lower cost. By combining keyword optimization, targeting strategies, and Quality Score improvement with SEO-friendly elements, you can maximize your advertising impact and efficiency.
Bing Ads for Small Businesses
Although Bing has a smaller market share compared to Google, it is still a popular choice for millions of users each month. By advertising on Bing, you have the opportunity to reach a large audience. Furthermore, Bing Ads typically offer lower costs for small businesses compared to Google Ads.
Bing Ads offer a significant cost advantage over Google Ads, with average CPC’s being 33% lower. Consider integrating Bing Ads into your online advertising strategy for even more benefits.
Bing Ads provides detailed customization options for specific aspects of your marketing strategies. It is particularly favored by an older, wealthier audience and is widely utilized in the travel sector. Bing also offers superior choices for targeting different devices.
Moreover, for those who are currently utilizing Google AdWords, duplicating their campaigns and utilizing the same advertisements on Bing is a straightforward process. Therefore, there is no excuse not to tap into a new audience that could potentially be interested in your company.
Social Media for Small Businesses
Utilizing paid advertising on widely-used social media platforms such as Facebook, Twitter, and Instagram can be a feasible and successful method for promoting small businesses.
Social media advertising has become essential for businesses looking to reach a large audience. Consider Facebook, for instance. With approximately 80% of Americans being active users and over half of U.S. residents visiting the platform multiple times daily, the potential for visibility and engagement is immense.
Facebook/ Meta ads are known for their affordability compared to other digital marketing options. They also provide a high level of precision in targeting. For example, you can specifically target young men residing in California who are Democratic voters and have an interest in technology.
Explore additional resources for guidance on Facebook advertising:
Tips for Saving Money on Facebook Ads
Utilize the Facebook Ads Grader tool to monitor your ad campaigns for free
Master the Art of Crafting Eye-catching Facebook Advertisements
Incorporating Google, Bing, and Facebook/ Meta into your small business marketing plan is essential for reaching a wider audience and maximizing your online presence.