work at home
"Flushing website advertising money"
By Jim Daniels - Helping you work at
home.
There are three questions
you MUST ask before buying website advertising online.
This week I received an email from an online marketer who
was eager to get her online business profitable. So she took
a leap of faith and spent $1500 on advertising. Not only was
it more than she could afford, she was stumped when she
received ZERO dollars in sales. Net loss: $1500.00
When she told me her heartbreaking tale all I could say was
that I'd wished she'd written to me BEFORE she laid out that
much money!
So I'm publishing today's piece to help others avoid the
same fate with their advertising dollars.
You see, the reason her campaign failed is so simple I'm
amazed that thousands of marketers do the same every month.
Before I go further, I'd like you to read her letter...
"Jim, I have a website that converts about one in every 200
visitors into a sale. While I'm working to improve that
conversion ratio, I am also buying advertising to get new
customers. I recently bought one of those "guaranteed
traffic" deals. For $1500 they promised me 100,000 visitors.
It sounded like a sure thing. But get this -- of the 15,000
visitors they've sent so far, not ONE single sale has been
generated. Jim, could they be faking this traffic somehow?
It's hard to believe they are sending real people to my
site! Do you have any idea what could be happening here?"
- Signed, Frustrated Marketer (name withheld)
My reply...
Dear Frustrated Marketer,
I can tell you exactly what is happening. And it is happening
to a lot of other unsuspecting marketers these days.
You bought "trick clicks". Sure, there are real people going
to your site. But not on purpose. The visitors that are
being sent to your site are arriving there by accident.
That's right, they are literally being "tricked" into
visiting your site.
There are lots of strategies being used to generate trick
clicks these days. One example is a simple "exit popup" or
"exit popunder". This trick spawns a new browser window with
an advertiser's site when a surfer exits a somewhat related
site. And what do folks do when the new site pops up? They
get aggravated and close the second window before the new
site even has a chance to fully load.
Sure, you're getting a guaranteed number of visitors to your
site, but you may as well be flushing your ad dollars right
down the toilet! Go ahead, open the lid, pour in your
monthly ad budget and flush it. You'll get just as many sales
(zero) but you won't have to worry about why! ;-)
OK, that may be a bit extreme, but I want to make a point...
Marketing dollars MUST be spent wisely. If you are not the
type to flush cash, and I don't know many people who are,
you need to do what I do when buying advertising... Ask a few
simple questions BEFORE laying out the cash.
Here are the three questions EVERY marketer needs to ask
before buying ANY advertising...
-
- Question #1: Where will my visitors come from and exactly how do they
arrive at my site?
What you are looking for here is an answer that includes a
visitor ACTION. Something proactive. And something TARGETED.
When potential advertisers for my BizWeb eGazette newsletter
ask that question of me, I answer quite simply...
'People read my BizWeb eGazette for help with promoting
their small business online, and they click the URLs that
interest them. When they click the URL in your ad they go
directly to your site.'
Any email newsletter publisher would answer similarly. And
the answer fits the requirements. The visitor takes ACTION
when reading something TARGETED. That's exactly why I've
had such great results when buying email newsletter
sponsorships to promote my own products and services.
But when you ask question #1 of most advertising sites,
you'll either get NO reply at all, or an answer that should
send you running. Such as...
'We deliver clicks to your site through our network of
member sites.'
That's too vague!
Another answer I received recently...
'We utilize a variety of proprietary traffic generation
strategies.'
In other words, I can't tell you or you would not waste your
money with us!
Just remember, you want visitors to find you when they are
actively looking for something in particular. Not visitors
who are FORCED into your site, as some ad networks brag
about doing.
Question #2: How many visitors can I expect to receive?
Well, if you're buying a guaranteed number of visitors,
you'll know that answer. But you'll more than likely find
that buying a guaranteed number visitors is NOT the best way
to advertise online.
So you'll be using other advertising resources. And most of
them come with some doubt as to the results they will yield.
But you should always ASK what you can expect. When you have
an idea of the number of visitors, you will be able to
figure out if the ad might be profitable.
Here's a good example...
Let's say you are buying advertising in a targeted email
newsletter, or network of newsletters. Look at the total
subscriber count. When your ad runs, you can expect between
1/2 percent and 1 percent of the total subscriber base to
click your ad and visit your site.
- Example
- My BizWeb eGazette goes to about 100,000
subscribers. Each top sponsorship ad yields somewhere
between 500-1000 visitors. This tends to hold true in most
email newsletters with a decent readership. Even when I buy
advertising across a network of hundreds of ezines with
millions of subscribers, I usually receive a .5% click-
through rate. And those visitors result in serious profits
because they are targeted and they visit my site by their
own free will.
When you trying ANY online advertising strategy, the company
offering the advertising should be able to share expected
results with you before you spend your money. When in doubt,
ask for past advertiser testimonials so you can contact them
and get the inside scoop.
-
- Question #3: Can you offer me a discount as a first time
advertiser?
I've found that more than 50% of the time, asking that
simple question will get you a lower rate. Yet hardly anyone
ever asks.
Don't consider yourself a cheapskate if you ask. Just think
of how much more traffic you can buy with all the money
you'll save. Always ask for a discount rate and you'll be
surprised at how often you'll get it!
In closing today's tip, if you plan to be successful online,
you need to advertise. But you need to go a step beyond
that. You need to spend your ad money wisely!
Do yourself a favor. Save the three questions above and ask
them next time, and every time you consider spending money
on advertising.
Or, you could just save time and flush...
* This online business tip by
Jim Daniels of JDD Publishing Co., helping webmasters prosper since 1996. If you
want to work at home here's all
the help and expert advice you need.
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