• Step Four: Test the Market With PPC

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My first $1,000 day was unconventional from most internet marketers, because I didn’t earn it as an internet marketer. In fact, it was my $1,000 day that inspired my internet marketing career. It was the biggest influx of cash that I had ever seen… and it came on the day of my high school graduation party.

The $20 and $50 checks from family members and family friends all added up, and most of my friends blew their grad money on guitar amps and parties…

Unlike them, I bought a website hosting package and invested in PPC.

I clung onto that money as tight as possible. Heck, my limit on Google Adwords was only $5/day, but I made it profitable until I felt comfortable to spend more.

Once, I posted in a forum that I had a major problem: my ROI was so high that I was running short on cash to pay my Adwords bill before my first Clickbank check came in. The replies went something like, “Ha! Nice PROBLEM you got there, Ryan.”

And when the checks did arrive, my mother asked me what type of illegal activity I was involved in.

Today, PPC is still the single most profitable investment that I make on a daily basis, and my strategy has barely changed.

There’s two ways that I approach the PPC game:

When I am testing a market, the conversion ratio of a product, or just don’t have a lot of money to blow on a certain project, I only bid on product names. This makes it easy to write very specific ads, make very specific landing pages, and achieve high conversions. When I first followed the method of bidding only on product names, I had my first $100 day in only four days.

When I’m scaling a project, I bid on more general keywords, and I actually lose money until I eliminate the terms that do not convert and optimize my click through ratio enough to get my costs down. You should avoid doing this unless you’re prepared to lose $500 before you start to see a profit.

Here is what has made the difference in my campaigns, and I ALWAYS follow these tips:

1) Create very small ad groups with only a few keywords. Do not attempt to target more than a few keywords with the same ads. Your click through ratios will suffer and it will be harder to track your progress. Focus on a few keywords in each group and monitor their CTR and conversions.

2) Always split test different ads against one another. I recommend having two to three ads rotating at a time to test their click through ratios. I often have one ad that serves as my constant, and I test one to two ads against it. When you find an ad that beats your constant, you can ad it to the mix or use it as the new constant. Always strive for higher click throughts on your ads.

3) My most valuable, profitable PPC tip that I can possibly provide: Do what others aren’t. For a long time, I did very well with ad headlines that said, “Do Not Buy This Program.” This got crazy high CTRs and made me a lot of money, but the market caught up to me, and soon there were a ton of ads that looked just like mine. As a result, my CTRs started to drop, and I had to find a new highly-profitable ad.

You’ll often hear it said that you should get the keyword into your ad as much as possible so that it is bolded and stands out from the other ads. I’ve found this to be true only when other people aren’t doing it. If your ad is bold and other ads aren’t bold, then you stand out. But if all the ads are bold, and yours isn’t, then your ad also stands out. Remember, you’re in competition for clicks, and you need to stand out from the other advertisers.

Strange as it seems, you don’t always need to have a profitable campaign in order to consider PPC a success. The key is to see which keywords are bringing in sales, and to see if the market is buying at all. Even if you are reaping a loss, it is a very good sign when you are seeing sales, because the campaign can be adjusted as time goes on.

PPC is the most profitable investment that I make in my business, and it shouldn’t be something that is feared. That is, of course, unless you do it carelessly. If you create small ad groups that stand out from the other advertisers, and your landing pages are targeted for the keywords in your campaign, then you put yourself in the best position to see positive results. And even in the scenario that you turn a profit, you can still refine it if there are sales.

Folks, we are building businesses here, and PPC has been the best money that I’ve spent into my business. If you ain’t nervous about it, then you ain’t growing. ;)

  • http://mcvictor.com McVictor

    excellent advice, Ryan.

  • http://mcvictor.com McVictor

    excellent advice, Ryan.

  • http://www.myezsolar.com Joe Rispalje

    I’m looking for someone like you to help me generate sales. These products are all clickBank. I was spending more on Google Adwords than I was making. It was a losing deal all the way. Give me a call. maybe we can work something out. 509-443-5155

    Joerizz

  • http://www.myezsolar.com Joe Rispalje

    I’m looking for someone like you to help me generate sales. These products are all clickBank. I was spending more on Google Adwords than I was making. It was a losing deal all the way. Give me a call. maybe we can work something out. 509-443-5155

    Joerizz

  • Ismay

    Hi Ryan
    Excellent information. I am using PPC now but on a very small scale. After reading your post that grey area has been clarified more. Thanks

  • Ismay

    Hi Ryan
    Excellent information. I am using PPC now but on a very small scale. After reading your post that grey area has been clarified more. Thanks

  • http://www.delsurseo.com SEO San Diego

    Great tips Ryan. I have been on hiatus with my aff. marketing PPC, for reasons similar to what you’re describing here (fear of over spending.) Was looking for some inspiration to kickstart my PPC efforts again, and I think I found it…! Thnx.

  • http://www.delsurseo.com SEO San Diego

    Great tips Ryan. I have been on hiatus with my aff. marketing PPC, for reasons similar to what you’re describing here (fear of over spending.) Was looking for some inspiration to kickstart my PPC efforts again, and I think I found it…! Thnx.

  • http://www.Direct-Linking-Domination.com Kahuna McAuley

    Great post Ryan,

    I think your pretty much spot on but I would even go one further to say that you could even go as far as to have 1 KEYWORD PER ADGROUP, that way you really get to see which keywords get clicks and which get impressions but no clicks and drag your campaign down!

    There is a tutorial on my site for anyone thats interested,

    But anyway, I always enjoy reading your blog, would love to see you inside Wealthy Affiliate forum a bit more but hey your a busy man!

    Take care,

    Kahuna

  • http://www.Direct-Linking-Domination.com Kahuna McAuley

    Great post Ryan,

    I think your pretty much spot on but I would even go one further to say that you could even go as far as to have 1 KEYWORD PER ADGROUP, that way you really get to see which keywords get clicks and which get impressions but no clicks and drag your campaign down!

    There is a tutorial on my site for anyone thats interested,

    But anyway, I always enjoy reading your blog, would love to see you inside Wealthy Affiliate forum a bit more but hey your a busy man!

    Take care,

    Kahuna

  • http://www.jasonmoffatt.com Jason Moffatt

    I really, really, really need to get back into PPC more. The only thing I dislike about it is that… you have to pay ATTENTION.

    That tends to not be my strong point.

    However, like you, PPC has been the best investment I ever made in my businesses. I was lucky to be able to clean up during the easy 5 cent click days. Had I of known more back then I’d of turned that into many millions.

    Unfortunately, Google axed the ads and told me I could no longer advertise in my particular niche. So, I went along my merry way and haven’t done much PPC since.

  • http://www.jasonmoffatt.com Jason Moffatt

    I really, really, really need to get back into PPC more. The only thing I dislike about it is that… you have to pay ATTENTION.

    That tends to not be my strong point.

    However, like you, PPC has been the best investment I ever made in my businesses. I was lucky to be able to clean up during the easy 5 cent click days. Had I of known more back then I’d of turned that into many millions.

    Unfortunately, Google axed the ads and told me I could no longer advertise in my particular niche. So, I went along my merry way and haven’t done much PPC since.

  • http://www.pay-per-click-affiliate-program.com Andre

    great post the only problem i have in ppc marketing is .30 per click with good quality score is still to much money 10 click already 3.00..

  • http://www.pay-per-click-affiliate-program.com Andre

    great post the only problem i have in ppc marketing is .30 per click with good quality score is still to much money 10 click already 3.00..

  • Rollingthunder

    Ok…you made a lot of great points and you (as much as I know ) are right. But I do have one small problem….I have “never” done a PPC campaign so what I need…really need is a some good quality information on how to start…from scratch.

    I want to do this thing..and I want to have a good shot at it…but I need 3rd grade level education so I know “what the hell I’m doing” and why I’m doing it?

    Sure there is a lot of sites out there and they all say something different…good, bad or ugly I still don’t know how and where to start…

    At 52 maybe living through the 60′s and 70′s I burned out to many brain cells :)

    any suggestions from you would help greatly!

    Peace

  • Rollingthunder

    Ok…you made a lot of great points and you (as much as I know ) are right. But I do have one small problem….I have “never” done a PPC campaign so what I need…really need is a some good quality information on how to start…from scratch.

    I want to do this thing..and I want to have a good shot at it…but I need 3rd grade level education so I know “what the hell I’m doing” and why I’m doing it?

    Sure there is a lot of sites out there and they all say something different…good, bad or ugly I still don’t know how and where to start…

    At 52 maybe living through the 60′s and 70′s I burned out to many brain cells :)

    any suggestions from you would help greatly!

    Peace

  • http://www.remedyforacidreflux.net Erin

    great advice ryan i haven’t even tried just bidding on the brand names of the products i promote

  • http://www.remedyforacidreflux.net Erin

    great advice ryan i haven’t even tried just bidding on the brand names of the products i promote

  • http://dan-wkathome.blogspot.com Dan Johnson

    Here’s something that might help everyone when trying to decide on what keywords to try. go to:

    https://adwords.google.com/select/KeywordToolExternal

    You can type in keywords and see how many hits it’s taken in a certain month. You might see some that only get a few hits which would be less expensive than competing with all the big money gurus.

    That’s my 2 cents. :-)

  • http://dan-wkathome.blogspot.com Dan Johnson

    Here’s something that might help everyone when trying to decide on what keywords to try. go to:

    https://adwords.google.com/select/KeywordToolExternal

    You can type in keywords and see how many hits it’s taken in a certain month. You might see some that only get a few hits which would be less expensive than competing with all the big money gurus.

    That’s my 2 cents. :-)

  • http://elishahong.com Elisha Hong

    Hey Ryan,

    Excellent post once again, it’s the truth about PPC and most people blow their pockets and quit before seeing any proven results.

    I’ve spent at least $300 on Google before seeing a profit.
    So yes be prepared to have $500 or so to see some awesome results.

    Then again, if you use tools that spy on campaigns and keywords, which some people would “frown” upon or some say, it’s smart then there may be a better chance to spend less because the testing has been done.

    Guys, Ryan is the real honest deal and I’m just glad that he is :)

    @Rollingthunder, the simplest Google Adwords tutorials are located at Google’s Adwords site. Google “Google Adwords Learning Center” and you’ll be able to learn the basics there. There are other courses specifically made for internet marketers as well but if you know how to use the interface, all you need to do is transfer that knowledge and apply it to the internet marketing sphere or rather the niche that you want to promote.

    If you want to learn Adwords the right way, Perry Marshall is a good person to learn Adwords from. Of course those who used PPC Classroom can benefit as well.

  • http://elishahong.com Elisha Hong

    Hey Ryan,

    Excellent post once again, it’s the truth about PPC and most people blow their pockets and quit before seeing any proven results.

    I’ve spent at least $300 on Google before seeing a profit.
    So yes be prepared to have $500 or so to see some awesome results.

    Then again, if you use tools that spy on campaigns and keywords, which some people would “frown” upon or some say, it’s smart then there may be a better chance to spend less because the testing has been done.

    Guys, Ryan is the real honest deal and I’m just glad that he is :)

    @Rollingthunder, the simplest Google Adwords tutorials are located at Google’s Adwords site. Google “Google Adwords Learning Center” and you’ll be able to learn the basics there. There are other courses specifically made for internet marketers as well but if you know how to use the interface, all you need to do is transfer that knowledge and apply it to the internet marketing sphere or rather the niche that you want to promote.

    If you want to learn Adwords the right way, Perry Marshall is a good person to learn Adwords from. Of course those who used PPC Classroom can benefit as well.

  • http://officialinternetmarketingexpert.com/index_files/PerryMarshallGoogleAdwordsAdvice.html Ray

    Hey, Cool Post.

    I haven’t made any money on Google Adwords yet, But my budget is too low. But I am not giving up just yet. I am using PPC WebSpy and Keyword Spy and Google Adwords Keyword Tool and a new software I have PPC Campaging Builder, This is a cool tool, it allows you too group adwords together automatically, then you create the ad in adwords editor where you can download from download.com. I am using all the tools. I think you have to tools to succeed in this business. I was using Google Cash Detective for a while. But ran out of money. But it is a good program too.

    Anyway good post Ryan and click on my name, I have Google Adwords Audio by Perry Marshall, if anyone want to listen for Free.

    Okay,
    Take care,
    Ray
    http://officialinternetmarketingexpert.com

  • http://officialinternetmarketingexpert.com/index_files/PerryMarshallGoogleAdwordsAdvice.html Ray

    Hey, Cool Post.

    I haven’t made any money on Google Adwords yet, But my budget is too low. But I am not giving up just yet. I am using PPC WebSpy and Keyword Spy and Google Adwords Keyword Tool and a new software I have PPC Campaging Builder, This is a cool tool, it allows you too group adwords together automatically, then you create the ad in adwords editor where you can download from download.com. I am using all the tools. I think you have to tools to succeed in this business. I was using Google Cash Detective for a while. But ran out of money. But it is a good program too.

    Anyway good post Ryan and click on my name, I have Google Adwords Audio by Perry Marshall, if anyone want to listen for Free.

    Okay,
    Take care,
    Ray
    http://officialinternetmarketingexpert.com

  • http://Reggiesreview.com Reginald Jennings

    I have been following Ryan since nov 2007 and still this day I am still afraid of trying IM. Ryans post are always postive and always gives you a little more piece to the IM puzzle. One of these days I know this tip will come in handle.

  • http://Reggiesreview.com Reginald Jennings

    I have been following Ryan since nov 2007 and still this day I am still afraid of trying IM. Ryans post are always postive and always gives you a little more piece to the IM puzzle. One of these days I know this tip will come in handle.

  • Rollingthunder

    Thanks so much for the input…I am heading over to the google learning center this evening.

    By the way….Tools for spying…what kind of tools? and how do they work? Is it really spying or is it just good researching?

    Thanks again Elisha Hong

    Peace be with you

  • Rollingthunder

    Thanks so much for the input…I am heading over to the google learning center this evening.

    By the way….Tools for spying…what kind of tools? and how do they work? Is it really spying or is it just good researching?

    Thanks again Elisha Hong

    Peace be with you

  • Todd Shore

    Hi Ryan,

    Iam in the same boat most people are ive a ppc campaign running getting the clicks but no sales so back to the drawing board lol.. Any way great advice

    Thanks

    Todd

  • Todd Shore

    Hi Ryan,

    Iam in the same boat most people are ive a ppc campaign running getting the clicks but no sales so back to the drawing board lol.. Any way great advice

    Thanks

    Todd

  • http://my-life-and-sleep-apnea.blogspot.com/ David Stillwagon

    I don’t know much about ppc but after reading this I will be doing some research on it. As always your posts are very informative.

  • http://my-life-and-sleep-apnea.blogspot.com/ David Stillwagon

    I don’t know much about ppc but after reading this I will be doing some research on it. As always your posts are very informative.

  • http://www.millionairemogulsclub.com Carmen Rowland

    Way to Go Ryan. People are scared to death of PPC, and with good reason. If you don’t approach it with the correct strategy, it can eat you up. I’m hoping to have a dedicated blog about it in the near future on Millionaire Moguls Club (.com), which is becoming a source site for internet marketers. I would love to have you as a contributor. There is no cost for membership during the beta phase. All the best, and keep up the good work…the industry needs more leaders like you.

  • http://www.millionairemogulsclub.com Carmen Rowland

    Way to Go Ryan. People are scared to death of PPC, and with good reason. If you don’t approach it with the correct strategy, it can eat you up. I’m hoping to have a dedicated blog about it in the near future on Millionaire Moguls Club (.com), which is becoming a source site for internet marketers. I would love to have you as a contributor. There is no cost for membership during the beta phase. All the best, and keep up the good work…the industry needs more leaders like you.

  • http://www.deuces.ca Robert Crawford

    Thanks again for the input Ryan. We all benefit from people who CHOOSE to share this type of knowledge. Piecing it all together and having it work in tandem seems to be the challenge. Judging by some of the responses, many users could use your suggestions on building effective landing pages. If some of you are getting the clicks but not the conversions the question has to be asked, why did the visitor not follow through? Some feedback on say the top 3 reasons why visitors DON’T turn into conversions would likely help us all avoid making Google wealthy for no good reason.

    Look forward to the next blog :D

  • http://www.deuces.ca Robert Crawford

    Thanks again for the input Ryan. We all benefit from people who CHOOSE to share this type of knowledge. Piecing it all together and having it work in tandem seems to be the challenge. Judging by some of the responses, many users could use your suggestions on building effective landing pages. If some of you are getting the clicks but not the conversions the question has to be asked, why did the visitor not follow through? Some feedback on say the top 3 reasons why visitors DON’T turn into conversions would likely help us all avoid making Google wealthy for no good reason.

    Look forward to the next blog :D

  • http://www.info-seekers.com Takpercaya

    I stop using PPC because i lost a lot of money, i just use it for getting the impressions before getting into other “things”.Lol.
    Hope u understand.

    Anyway its still a shortcut for getting traffic for a products or websites.
    See ya Ryan.

    Tak

  • http://www.info-seekers.com Takpercaya

    I stop using PPC because i lost a lot of money, i just use it for getting the impressions before getting into other “things”.Lol.
    Hope u understand.

    Anyway its still a shortcut for getting traffic for a products or websites.
    See ya Ryan.

    Tak

  • http://learnthebestspanish.com Sam

    Yeah, great advice there Ryan. Thanks.

  • http://learnthebestspanish.com Sam

    Yeah, great advice there Ryan. Thanks.

  • http://www.profittheme.com Alastair

    Hi Ryan

    You are right if you don’t know what you are doing Google adwords will take you to the poor house..

    Thanks again

    Alastair

  • http://www.profittheme.com Alastair

    Hi Ryan

    You are right if you don’t know what you are doing Google adwords will take you to the poor house..

    Thanks again

    Alastair

  • http://www.total-german-shepherd.com Total German Shepherd

    Great info Ryan. PPC is definitely something to be careful with especially when you’re a beginner because you could lose loads of money really fast if you’re not watching what you’re doing.

    Great post. I enjoy your material very much…..

  • http://www.total-german-shepherd.com Total German Shepherd

    Great info Ryan. PPC is definitely something to be careful with especially when you’re a beginner because you could lose loads of money really fast if you’re not watching what you’re doing.

    Great post. I enjoy your material very much…..

  • http://www.tactictester.com Brian

    Good stuff man. I’d also add that learning how to track which keywords are producing sales is really important nowadays. If you’re a vendor, it’s super easy, you just use the conversion university inside Google Analytics, and place the code they give you on the thank you page.

    If you’re an affiliate, you can either ask the vendor to place your code on their thankyou page, or see if they support tracking with something like EasyClickMate…

    If you get a “No” to both of those, then you’ve gotta roll up your sleeves and mess with TID’s and all that junk on each destination URL, but it’s well worth it after you’ve got everything set up, to know where you’re making money and where you’re losing it.

  • http://www.tactictester.com Brian

    Good stuff man. I’d also add that learning how to track which keywords are producing sales is really important nowadays. If you’re a vendor, it’s super easy, you just use the conversion university inside Google Analytics, and place the code they give you on the thank you page.

    If you’re an affiliate, you can either ask the vendor to place your code on their thankyou page, or see if they support tracking with something like EasyClickMate…

    If you get a “No” to both of those, then you’ve gotta roll up your sleeves and mess with TID’s and all that junk on each destination URL, but it’s well worth it after you’ve got everything set up, to know where you’re making money and where you’re losing it.

  • http://www.fingerbiz.com/cmd.php?af=888520 Sharon

    I am using PPC with fantastic results as an affiliate for Fingerbiz. Your tips have help tremendously. I am making more money than ever before with this program!! Keep those tips coming!

  • http://www.fingerbiz.com/cmd.php?af=888520 Sharon

    I am using PPC with fantastic results as an affiliate for Fingerbiz. Your tips have help tremendously. I am making more money than ever before with this program!! Keep those tips coming!

  • Will

    Ryan,
    This is the best post you I have seen from you in a long time. It is great PPC advice, particularly because it is rather unusual, not asking you (like you said) to drop $500 testing a campaign.

    Good work man.

    Also, why don’t you make videos anymore?

  • Will

    Ryan,
    This is the best post you I have seen from you in a long time. It is great PPC advice, particularly because it is rather unusual, not asking you (like you said) to drop $500 testing a campaign.

    Good work man.

    Also, why don’t you make videos anymore?

  • Paulie

    Great advie Ryan as usual!. What about “FREE” advertising? Does that yield any results? I’m still waiting on yor reply regarding a “Troubleshooting Forum” rather than just replies to your comments. Thanks

  • Paulie

    Great advie Ryan as usual!. What about “FREE” advertising? Does that yield any results? I’m still waiting on yor reply regarding a “Troubleshooting Forum” rather than just replies to your comments. Thanks

  • http://www.affiliatebusinessedge.com Walter

    I been doing PPC for a few month with a small budget. Haven’t tried biding on product names yet. Will have to give it a try.

  • http://www.affiliatebusinessedge.com Walter

    I been doing PPC for a few month with a small budget. Haven’t tried biding on product names yet. Will have to give it a try.

  • http://internetbusinesstoolcenter.com John T. Jones, Ph.D.

    I’m very good at losing money with PPC. I would say that I am an expert in that area.

    Just got back from Kyle and Carson’s home town.

    I love those Canadian Rockies. If you haven’t been up there, Ryan, you must go up to Jasper!

    John
    Old Man in Idaho

  • http://internetbusinesstoolcenter.com John T. Jones, Ph.D.

    I’m very good at losing money with PPC. I would say that I am an expert in that area.

    Just got back from Kyle and Carson’s home town.

    I love those Canadian Rockies. If you haven’t been up there, Ryan, you must go up to Jasper!

    John
    Old Man in Idaho

  • http://copynprofit.onlinemoneymaking.ws/makemoneyathome.php Joseph Ting

    Great Advice.

    Hey, when I got my first check from clickbank, my mom said the same thing to me too!
    But I have only 1, so it’s not look very illegal and too good to be true. XD

  • http://copynprofit.onlinemoneymaking.ws/makemoneyathome.php Joseph Ting

    Great Advice.

    Hey, when I got my first check from clickbank, my mom said the same thing to me too!
    But I have only 1, so it’s not look very illegal and too good to be true. XD

  • safira

    Hi Ryan

    When you use PPC to test market a product, do you recommend:

    **direct linking from the Google ad to the vendor’s website?

    Or do you:
    **take the visitor from the Google ad to your landing page and then from your landing page to the vendor’s website?

    The first method incurs additional CPC but would be worth the cost to find out how well the vendor’s sales copy converts with minimal affiliate involvement.

    Cheers

    safira

  • safira

    Hi Ryan

    When you use PPC to test market a product, do you recommend:

    **direct linking from the Google ad to the vendor’s website?

    Or do you:
    **take the visitor from the Google ad to your landing page and then from your landing page to the vendor’s website?

    The first method incurs additional CPC but would be worth the cost to find out how well the vendor’s sales copy converts with minimal affiliate involvement.

    Cheers

    safira

  • safira

    Hi Brian

    Thanks for your comment about TIDs. Would you mind explaining a bit more about what you mean?

    Thanks

    safira

  • safira

    Hi Brian

    Thanks for your comment about TIDs. Would you mind explaining a bit more about what you mean?

    Thanks

    safira

  • http://webguy303.com webguy303

    Hey this is a really life-affirming read for me at the moment, thanks! I’ve been trying to convince myself that I need to just find ways to get free traffic and abandon PPC altogether, but you make good points about how and why to use PPC.

  • http://webguy303.com webguy303

    Hey this is a really life-affirming read for me at the moment, thanks! I’ve been trying to convince myself that I need to just find ways to get free traffic and abandon PPC altogether, but you make good points about how and why to use PPC.

  • http://sharingwealthtoday.com richard blair

    missing step number 1, and step nimber 2

  • http://sharingwealthtoday.com richard blair

    missing step number 1, and step nimber 2

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