There are many ways to spend your money advertising on the web. Display advertising, directories and pay-per-click campaigns are three of the most popular methods.
Today we’ll focus on pay-per-click campaigns, and specifically, the differences between variants of PPC advertising.
PPC functions basically the same across the board, no matter if you are on Google, Bing, Facebook or LinkedIn:
1. Write your ads.
2. Determine your criteria (more on this in a bit).
3. Your ad shows only to potential customers who meet the criteria.
4. You only pay when someone clicks on your ad.
5. When a person clicks on your ad, they are redirected to a location of your choosing (website, Facebook page, etc). From there they can read up on all the wonderful things your company does/makes and hopefully be persuaded to spend thousands and thousands of dollars with your company.
The most important thing to note is that you can set a budget for your advertising campaign. Basically, when your budget is up, your ads don’t run. Thus, if you set your budget to $100 per day, you can expect to spend no more than $100 per day. (It’s actually a tad more complicated than that, but we’ll save that discussion for another day. But the principle remains the same – no crazy cost overruns)
So that’s the similarities of PPC on Google, Bing, Facebook and LinkedIn. Now, let’s talk about what’s different – criteria.
Google and Bing use query based criteria. They match a user’s search query to your target keyword list. If there is a match, your ad shows. For example, you pre-determine that you want your ad to show for anyone searching for “red shoes”, “red boots” and “red sandals”. Sally Searcher comes along and types in “where to buy red boots” in Google. A match! Your ad displays. Next, Sally Searcher types in “where to buy blue loafers”. Not a match! Your ad does not display. Pretty simple.
Facebook and LinkedIn use demographic based criteria. They match a person’s personal profile with your pre-determined profile criteria. For example, you pre-determine you want your ad to show for anyone who lives in the Midwest and likes pets. Sally Searcher’s profile on Facebook indicates that she lives in Ohio and loves her pet cat Fluffy. A match! Your ad displays.
Facebook allows you to pinpoint demographics based on location, gender, age, interests, college and major among other things. LinkedIn allows you to pinpoint demographics by location, employer, job title, and industry among others.
Next installment we’ll talk about how to determine which method is best for you.