While you’re trying to get your website to the first page of Google, wouldn’t it be nice to start driving some business? Getting leads? With SEM, you can. In less than a week.
If you paid me a dollar and I promised you a customer that could be worth 10? Would you make that deal? What if you paid me 2 dollars and I promised you two prospects and only one became a customer. Still worth it? In this case, your cost per acquisition for 1 customer was 2 dollars and your ROI was 5 to 1.
With the right content, the right landing experience, the math really can be THAT EASY.
We manage over $500,000 a year worth of online advertising for our clients and typically they enjoy between FIVE and TEN to ONE ROI on their investment. The truth is, it is actually MUCH HIGHER, but you wouldn’t believe us if we told you.
So... here’s an example of how it works with Google Search:
Let’s say for “Edmonton Plastic Surgeon”, the cost per click is $5.
We tell Google that we will pay $6 for that keyword to ensure we have top visibility.
Google then scans your ad, the web page the ad lands on and the probability of you converting that click into a customer, how long you’ve been serving the ad, etc. and gives you a Quality Score.
It is a premium Google charges for putting substandard content on their real estate.
Now... the math
Once we understand traffic and cost per click, we can develop a formula that can literally impact your revenue with a small margin of error.
Using the Plastic Surgeon example, if:
You have spent $500 to bring 100 people to your site.
Typically 3-5% of your site’s visitors will make contact. 50% of these visitors will become customers.
This means that this exercise will bring the advertiser 2 customers with a cost per acquisition of $250 per customer. Assuming the average procedure is $5000, if you gave me $250 and I exchanged that for $5000 in revenue, would it be worth it? 20:1 ROI. Not bad right?
It typically takes 3 months to understand the math for a specific industry. After that it could be reasonable to say that $5000-$10,000 in advertising has a high probability of generating up to $100,000 in revenue.
It starts with creative construction and finishes with mathematical detailing.
Search Engine Marketing. What to expect when you partner with StyleLabs.
1. Higher ROI: We have successfully delivered on hundreds of campaigns and delivered double digit ROI’s EVERY SINGLE TIME. It’s a bold claim, but ask our clients. Wait, they may be too busy responding to all the leads coming in ;)
2. Faster Results: After the initial point of inertia and iteration, any client should be able to start converting in under three months. Our clients tell us that it took them an average of 3-6 weeks, but we like to under promise and over deliver.
3. Multi-variant Campaign Design: We don’t outsource. We’re cohesive and streamlined. The left hand and the right hand are connected to the same body. StyleLabs. Our teams work collaboratively to develop and deliver your campaign, leaving nothing in the cracks or up to interpretation.
Here’s how we do it:
We build or correct your website and service pages to be “ad ready”
We create great content on the service being advertised. We load the page up with featured articles, testimonials, auto responders, etc.
We leverage our proprietary tools to find every keyword an intender of your service would use and scan the best ads in the most competitive regions to aggregate best practices.
Although it’s not as easy as “throwing up an ad” once you’ve developed a baseline, every campaign requires less and less effort. Depending on who you ask, Search Engine Marketing can include advertising directly on Bing, Google or Yahoo sites. We include the following tactics into our SEM war chest:
Once we’ve confirmed engagement and conversion on one channel, we can replicate it across the entire digital and analogue ecosystems. The best part of it is, we’ve developed a system to play “ping pong” with digital and analogue, to maximize efficacy and reach broader audiences.
Designing your first ad campaign will take a month and typically 20-30 hours including the creation of the campaign, copy and landing pages.
We recommend an initial ad spend of $1000-2000. As you generate a return, you should continue to invest more so you can create more revenue. Eventually, it will become simple math.
Our returns are in the double digits, but your worst case according to Google is 2/2.5 to 1. These tools are powerful. Here are some of the things Google said in their Economic Impact Report:
If you’re new, expect your phone to start to ring. If you’re established, expect a jump in sales. If you’re investing in organic growth, expect SEM to drive sales and cover overhead while you’re building.
We love what we do! Reach out with any questions or comments you have about our Calgary Web Design and Strategic Marketing Solutions. We've been helping build businesses across Canada for over a decade. Let's crush your digital marketing goals by doing things right, the first time.
Call (587) 880-3358 or fill out the form below and launch your marketing rocket now!