How to Dramatically Increase Online Profits Almost Immediately

Over the last few days I've been having a friendly and constructive online discussion with a an organisation that has been running Adwords campaigns for some time with success. In our discussions Click Through Rate (CTR) was an important component of the discussion because it was being used as a means of assessing profitability of a campaign.

I cannot say strongly enough that CTR can never be used alone as a measure of success since it tells nothing of the impact of CTR on final sales conversions. It says even less about the total potential profitability of any campaign.

Consequently I thought it might be useful to discuss CTR within the larger context of making money from any online marketing campaign (Adwords, SEO or any other way).

Why You Are Leaving Money on the Table

This table below shows you the enormous increase in profitability to be obtained by optimising the important variables in ANY Adwords campaign.  The % changes used in the table are NOT unusual when a campaign is structured and managed properly. In fact you can expect to get much higher % changes.

The results tabled are the reasons why you cannot afford to miss the Google Adwords and Beyond Workshop on April 28th. If you don't attend you will be throwing money away. My workshop is guaranteed. You will these types of changes the day after attending the workshop.

Please CLICK HERE to complete the simple form if you want to attend the workshop... full day April 28th, Mercure Hotel Bedfordview incl all printed materials, lunch and refreshments and $100 Google Adwords coupon supplemented by a free 1 hour consultation with me after the workshop.

How to Increase Profits Immediately

Broadly speaking the TOTAL profitability of any online sales campaign is governed by optimising the following factors:

  1. Impression share or IS (ie number of impressions as a % of total available impressions) should be measured ideally at the keyword level but normally this data is only available at the Campaign level so steps have to be taken to measure this vitally important variable by increasing the number of campaigns running. Impression share is important because if a campaign running at 25% Impression Share is profitable then increasing IS to 50% will double profits.
  2. Click Through Rate (CTR)... If Impression Share has been optimised then the higher the CTR then the more will be the number of visitors to a landing page
  3. Cost per Click (CPC)... obviously the less that can be paid to get a visitor to a landing page then the lower will be the conversion cost assuming everything else is equal.
  4. Conversion Rate... the higher the number of clicks converted to a sale the bigger will be the total profitability
  5. Cost per conversion... this is a function of CTR and CPC
  6. Profit per sale

Let's now take a hypothetical case and do some basic arithmetic. The base case is shown in the first column,.

Monthly Campaign Scenarios Base Case IS Inceased to 50% IS @ 50% CTR increased by 25% IS @ 50% CTR increased by 25% & CPC reduced 25% IS @ 50% CTR increased by 25% & CPC reduced 25% & Conv rate increased by 25%
Total impressions         10,000                   20,000                20,000             20,000                          20,000
Impression Share 25% 50% 50% 50% 50%
CTR 4.00% 4.00% 5.00% 6.25% 7.81%
CPC R 2.00 R 2.00 R 2.00 R 1.50 R 1.50
Conversion rate 5.00% 5.00% 5.00% 5.00% 6.25%
Profit per sale R100 R100 R100 R100 R100
           
Number of clicks             400                        800                  1,000              1,250                            1,563
Cost of clicks R 800.00 R 1,600.00 R 2,000.00 R 1,875.00 R 2,343.75
Number of conversions               20                         40                      50                   63                                98
Profit per sale R 100.00 R 100.00 R 100.00 R 100.00 R 100.00
Total profit before click costs R 2,000.00 R 4,000.00 R 5,000.00 R 6,250.00 R 9,765.63
Total NET profit R 1,200.00 R 2,400.00 R 3,000.00 R 4,375.00 R 7,421.88
Profit % Increase Over Base Case   100.0% 150.0% 264.6% 518.5%

Make More Money with Adwords

This table shows you the enormous increase in profitability by optimising the important variables in ANY Adwords campiagn

The % changes used above are NOT unusual when a campaign is structured and managed properly.

The above results are the reasons why you cannot afford to miss the Google Adwords and Beyond Workshop on April 28th.

If you don't attend you will be throwing money away. My workshop is guaranteed. You will these types of changes the day after attending the workshop.

Please CLICK HERE to complete the simple form if you want to attend the workshop... full day April 28th, Mercure Hotel Bedfordview incl all printed materials, lunch and refreshments and $100 Google Adwords coupon supplemented by a free 1 hour consultation with me after the workshop.

ALWAYS REMEMBER IT IS THE ADS THAT GET CLICKED NOT KEYWORDS... ie the focus of a successful campaign must be on the ads

Check out these links for more information:

Local Search Resources for the Next "Big Thing" Online.
Click Here
Stay informed about workshop April 28th 2010
Click Here
Summary of Benefits from Adwords workshop
Click Here

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