Even experienced professionals may encounter failures using AdWords for promoting custom software development company. Why does it happen? Let’s see the most common mistakes in details.
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AdWords for Custom Software Development Company: When Does It Fail?
1. When Does It Fail?
AdWords for Custom
Software Development
Company
specializes in online marketing for IT companies
2. About Us
Goal #1 is lead generation and cost per lead reduction
Google partner
Specializes in online marketing for IT companies and B2B businesses
Operates mainly on the US and UK markets
Uses Agile to manage internal work process
3. Even the most experienced
professionals encounter failures.
Let’s see the most common
AdWords mistakes made by
Custom Software Development
companies.
AdWords for Custom Software Development Company
5. In February 2016 IBM
Corporation paid $813K for
Google traffic
Do you think you can
outperform IBM and other
corporate giants in AdWords?
You actually can!
AdWords for Custom Software Development Company
6. ! Do not try to win only by the budget volume.
! Pay attention to every element of your
campaign.
! Apply smart tactics (relevant ads -> landing
pages, specific vs. general keywords, flexible
bid strategies, scripts etc.).
AdWords for Custom Software Development Company
8. Some IT companies set their
budgets pretty low in the industry
with high bids that eventually
destroy their chances to get
profitable with Google AdWords.
AdWords for Custom Software Development Company
9. How to Calculate AdWords Budget?
Conversion rate is 1% under realistic scenario. That means only 1 of 100 visitors will turn into the lead.
To get 10 leads, we will have to attract 1,000 visitors.
With the average $12 cost-per-click, 1K visitors will cost $12,000. Thus, cost per lead will be $1,200.
If page conversion rate is 2% (optimistic scenario), cost per lead will be $600.
AdWords for Custom Software Development Company
*Targeting the UK
10. Starting AdWords Budget
1. Review the average CPC
for keywords (use Keyword
Planner)
2. Check similar keywords that
may have lower CPC and
be more suitable for your
business.
3. Calculate the cost of one
lead.
4. Estimate the budget based
on how many leads you
need to attract.
AdWords for Custom Software Development Company
12. Specific
(e.g. “software development
services”)
are more expensive and not so
popular. They bring high-quality
traffic to the website because
visitors looking for services are
easier to convert.
General
(e.g. “software development”)
are broad and can deliver more
traffic volume. Their conversion rate
is lower, but with the help of
carefully selected negative
keywords they can convert as well.
Keywords Types
AdWords for Custom Software Development Company
14. ! With so much investment in traffic, many
forget about the second part of lead
generation – conversion rate
AdWords for Custom Software Development Company
Landing pages help convert more traffic
into qualified leads
15. It’s not the best idea to
expect visitors to become
talk initiators.
They may not be ready for
communication yet, but you
are the one to motivate
them.
AdWords for Custom Software Development Company
16. Single call-to-action on
the first screen
No distracting
information
The same idea as your
ads suggest
AdWords for Custom Software Development Company
Efficient Landing Pages have:
18. Take Some Time
Every AdWords campaign is exclusive
There are no two identical businesses as well as advertising
campaigns => each campaign must be managed differently
Don’t be too worried if your campaign is not picking up on the first day
AdWords for Custom Software Development Company
19. Custom software development company starts
getting leads during the first weeks after
AdWords campaign launch.
Adjusting the stable process may take around
1 – 3 months.
AdWords for Custom Software Development Company
It’s All About Timing
21. Conversion Analysis
Determine certain customer’s actions to record as conversions
AdWords for Custom Software Development Company
Conversions can be:
• Form submissions
• Newsletter subscriptions
• Account registrations
23. If you are not responding to
your web requests in time,
leads will probably go to your
competitor.
When you add a form to your
website, you give visitors the
opportunity to contact your
company directly. Do not
leave them waiting for
response if they need your
help.
AdWords for Custom Software Development Company
25. Measure performance by
monitoring the stats provided by
Google AdWords.
Metrics should be monitored
against your campaign goals to
help determine what you
ultimately need to optimize.
AdWords for Custom Software Development Company
27. Detailed Analysis of the Campaign
The amount you pay for
each click on your ads
Cost per click (CPC)
Rate of users who clicked on
the ad to the total number of
ad impressions
Click through Rate (CTR)
Rating of keywords
quality and relevance
Quality Score (QS)
Impressions you’ve received
to the estimated number of
impressions you were eligible
to receive
Search Impression Share
AdWords for Custom Software Development Company
28. Traffic Quality Indicators
Bounce rate
The rate of single-
page sessions
Pages / session
The average number
of pages viewed during
a session
Avg. session duration
Total duration of all
sessions to a number of
sessions
AdWords for Custom Software Development Company
29. Custom software development company
should check metrics with the following
frequency:
key business metrics – once a week
detailed metrics – twice a week
traffic quality indicators – twice a week
31. The Key Points
R B
A M
Be Relevant
Make ads, keywords and landing pages
contextually relevant to each other.
Analyze
Ongoing monitoring and analysis of the
campaign let you determine which areas
you need to optimize.
Allocate Enough Budget
Significant budget will bring enough
traffic to analyze and optimize your
AdWords campaigns.
Take Multiple Actions
Custom software development industry
requires multiple promoting actions to
achieve the best results.
AdWords for Custom Software Development Company