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"Targeted
Traffic For Pennies"
By Jim
Daniels |
What follows is a
proven, step by step formula for driving highly targeted traffic
to any website for pennies.
Recently, I've been sampling new promotions methods to drive
fresh traffic to my website. I had been reading quite a bit
about goto.com and how other
webmasters had been getting great results with it, so I decided
to give it a try.
In a nutshell, goto.com is a "pay for rank" search
engine. It allows website owners to bid on keywords related to
their site. When users search on any term at goto.com they are
presented with a list of sites, with the highest bidders
appearing closest to the top.
Based on my own experience, this site not only offers a great
way to find things on the web, it offers a very inexpensive way
to generate targeted traffic to any site. By following the
details of my own goto advertising campaign, you should be able
to emulate the excellent results I've had.
Just a few weeks into my campaign, I am now generating between
85 and 100 visitors each day from goto.com. My costs are
averaging about 4 bucks a day. As I continue to tweak my
advertising (I'll teach you how) I expect my numbers to double
and possibly triple. But I'll get to that in a minute. Let's
take things a step at a time...
Step 1: Open your own GoTo account.
The first step is to visit www.goto.com
and open an account. There is a minimum investment of $25 to
become a goto advertiser. The way it works is simple... As an
advertiser at goto.com, you bid on search terms relevant to your
site. You have complete control over how much you pay on a per-
click basis on each of those search terms. The higher your
"bid," on each search term, the higher in the search
results your site will appear. As GoTo proudly states,
"It's targeted, cost-per-click advertising and you set the
cost per click!"
Step 2: Decide how much a visitor is worth to you.
You can do this by checking your current website stats. Add up
your average number of monthly visitors and determine what
percentage of them actually go on to become a customer. This can
be tricky but it is an important step. Depending upon the
average cost of your products or services, you should be able to
come up with a ballpark figure as to what each visitor is worth.
Example: If I'm converting one sale from every 100 visitors and
my average sale is $100, then each visitor is worth about a
buck. (Keep in mind, this does not take into account the
lifetime value of a site visitor or customer.)
Once you have an idea of how much each visitor is worth to you,
write it down. You will use this number as a "cap" on
your bids. More on this later.
Step 3: Start a file on your computer with keywords
pertaining to your site.
Using any word processor, start typing anything and everything
you can think of that pertains to your site. If you are selling
pet supplies your list would look something like this...
dog
cat
kitten
dog bone
collar
dog food
pet
pet supply
(Don't worry about pluralizing all your words. GoTo's Search
Pluralization feature analyzes your keywords and does this for
you automatically.)
Now before you tackle this step, I must inform you that this can
be the most time-consuming part of your goto campaign. Why?
Well, in order to really get the most from your campaign you'll
be making a list of at least 1000 keywords, or search terms.
That's right, I said one thousand. You don't "need"
that many to get started with goto, but I tried bidding on a
limited number of keywords and the results were nowhere near the
cost- effectiveness of using a large list. A large list allows
you to bid as low as a penny on 90% of your keywords. Even if
10% of them get a single click each day, you're generating 100
visitors right there.
Goto offers a "suggested search terms tool" to help
you:
http://inventory.goto.com/inventory/Search_Suggestion.jhtml
When you type in a
word there, you get a list of related search terms that were
searched on last month at goto.com. I found their suggestion
tool helpful, although it can still take quite a bit of time to
compile a large list with it.
Actually, I must admit I cheated on generating my own keyword
list... As a registered member of The
Challenge, I have access to a keyword generation script that
generated literally 1200 terms for me in a few minutes. This
tool saved me days of thinking and typing and
quite frankly is worth the price of admission to the private
site. (Especially if you are planning a goto campaign.)
Step 4: Write a title and description to go along with
your keywords.
When you place your bids at goto.com you will also be asked for
the title of the URL you are submitting and a short description.
It is important to write something brief, yet eye-catching.
Remember, the main objective is to get people to click. Use of
the words "free" and "you" can be very
useful here. Stick to the tried and true classified advertising
axioms but make an effort to stand out from the crowd. A good
idea is to write something YOU would click on.
You may want to write two or three of these titles and
descriptions, especially if you plan to bid on keywords that
cannot be directed to the exact same URL at your site. Ex: One
of my bids was on the keywords "free downloads" so I
wrote a separate title and description for the software area of
my site and submitted that specific URL.
You can save time if you can write a description that covers
your entire site and then link all your bids to your main URL.
Although your traffic may not be as targeted when you do this,
it is less time consuming than trying to break your site into
specific areas. It all depends on your individual site and how
much time you have to spend. (Remember, you can always adjust
links once your account is online and drawing traffic.)
Step 5: Place your bids.
Okay, you have a nice long list of keywords, along with titles
and descriptions. Now it's time to get your bids in! You do this
at goto's DirecTraffic Center. This is their account management
tool, where you can add, modify, or delete your search listings,
24 hours/day, 7 days/week. You can also check your account
balance, add money to your GoTo account, change your bids in
real-time and view your activity reports. Once you've opened an
account you just click https://secure.goto.com/s/dtc/center/
to log in.
As far as actually placing your bids, there are basically two
methods to utilize --manually (by hand) or by using the Excel
spreadsheet they offer. This is a no-brainer. Go for the faster
and more accurate spreadsheet option. It allows you to complete
one form and email it to chgorder@goto.com for their review.
Microsoft's Excel is part of the Office Suite and many PC users
have it, even though they may never use it. Although I had never
opened Microsoft's Excel program before, I was able to learn
enough in about a half hour to get me through. Basic skills like
repeating text and drag and drop of my keyword list were simple
enough to figure out. Within an hour of downloading the
spreadsheet they offer, I had a completed form ready with over
1200 keyword bids.
An important topic to touch on here is the pricing of your bids.
I suggest you price all your bids a one cent. (0.01) Since you
will undoubtedly be submitting some keywords that are not
currently being bid on at goto, why pay more per click than you
have to. A penny bid will put you at the top on these keywords!
Once your spreadsheet has been accepted and put online, you can
then start adjusting for more traffic. (More on this in the next
step.)
Note: Make sure your spreadsheet does not contain off-topic
keywords. Submissions are spot-checked and routinely refused if
they contain keywords unrelated to your site.
Step 6: Adjust your bids.
This is where knowing what a click is worth to you comes into
play. At Goto.com's DirecTraffic Center you can now adjust your
bids in real-time. This area shows you your current ranking on
each of the terms you've bid on and also tells you how much you
need to bid to get to the #1 spot. What a tool!
While I don't recommend you go for number one with every bid I
do recommend you try for a top 50 spot. As of the writing of
this, each page returned on goto searches returns 40 sites.
Getting your keywords on the first page or even the very top of
the second can generate traffic.
What has been working for me is this: As I go through my bids I
adjust only the ones that I feel are highly likely to get
searched on. If I can squeeze into the top ten on any of these
by adding a few cents to the bid, I do it. Then, I make sure
that the real common and super-busy keywords appear at least in
the top 50.
Example: The word "business" was very popular and my
penny bid had me at #153. I had received zero hits from that low
position. So I bid just enough to move it up to the top 50 spot
and bingo- six hits the next day. While you may be thinking that
six hits is nothing, remember that I'm bidding on 1200 keywords.
I've had time to adjust about 35% of them so far and I'm up to
100 visitors a day from goto.com. That's over 3000 visitors a
month and I'm far from done.
As I mentioned, knowing what a click is worth to you comes in
handy here. If each visitor to your site is worth say, .65, then
set that as your limit, or cap. Bid up to that amount on any
keyword, but not over it. This will ensure that your campaign
remains profitable.
As you make adjustments to your bids, you should visit the
"view stats" area of the DirecTraffic Center
frequently. Checking your stats at least once each week will
allow you to keep on top of your adjustments and maximize your
traffic.
That's it! An effective new traffic source for your site!
In closing...
While I'm not much for spending money on advertising, this new
method is cheap and effective. Anytime you can get targeted
traffic to your site for pennies, you need to take action.
I've managed to get some excellent results with goto.com, even
with the huge amount of competition in my industry. For other
webmasters who are focused on less crowded niches, goto.com
could be a goldmine of targeted business.
Take this lesson plan and Goto it!
Article by Jim
Daniels of JDD Publishing. Jim's site has helped 1000's of
regular folks profit online. Visit http://bizweb2000.com for
FREE "how-to" cybermarketing assistance, software,
manuals, web services and more. No time to visit the site?
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