In order to create the most effective ad for your business, you
will need to test different versions of your copy and track the
effectiveness of where you advertise. Experiment by changing the
copy, tweaking the looks, rearranging the layout and testing
where you place your ad.
Changing The Copy
Try several different headings for your ad. Just a one word
change may have a significant effect on the response rate. Test
different versions of your copy to find the most effective
wording.
Tweaking The Looks
Change the font style, font sizes, and font colors. Emphasize
important words and phrases by placing them in italics, making
them bold, changing their color, and highlighting them. Add a
border, a different border color and/ or a different border
style. Try different combinations of these and find out which
combination works best.
Rearranging The Layout
Rearrange the components of your ad to see if it affects the
response rate. Add a short testimonial or two to see if that has
any effect. Try adding more than one call to action link.
Testing The Placement
Track and test the response rate for your ad. An ad in one
e-zine may result in 100 clicks while an ad in another may only
result in 50. You will want to know where you get the best
response for your advertising dollars.
You will want to track your ads for these four reasons:
1. To save money.
If you know where you get the best response from, you won’t waste
money by advertising on places where you get a poor return.
2. To maximize your profit.
While advertising on one place may bring you a better response
than advertising on another, you need to take into account the
cost of each ad. If you get 200 responses from one advertising
source but each response costs you $4.00, it may be better to
advertise on a place where you get 100 responses that only cost
$1.00 each.
3. To improve your ads.
By testing different versions of your ad, you will find the most
effective one. To obtain a true test of a particular ad, you
will need to know how may people were shown your ad, how many
people acted on your ad, and the result of that action. (For
example, your ad was shown to 1000 people of which 100 clicked on
your ad link and 2 bought your product.)
4. To find out what works and what doesn’t.
You will want to know what components of your ad work and which
don’t. You can only find this out by tracking different versions
of your ad.
While knowing how many people click on your ad and how many sales
you make is important, you will want to know how much each click
and sale actually costs you. In order to maximize your Return On
Investment (ROI) you should monitor the following:
1. How many unique visitors each ad or promotion generates.
2. The number of sales each ad or promotion generates.
3. Which ad or promotion generates the most traffic to your
website.
4. The Cost Per Click and Cost Per Sale of each ad or
promotion.
5. The Click to Sales Ratio which will show you the quality of
the traffic you’re getting.
6. The ROI for each ad or promotion.
You will also want to track where your traffic is coming from.
You may get traffic from an e-zine ad, from a forum post and from
a banner ad. One of these sources may bring you a significant
amount of traffic while another brings you little or no traffic
at all. By tracking every ad and promotion you place, you will
find out where to direct your advertising efforts, thereby saving
you both time and money.
Only about 1% of your competitors track their traffic sources.
By tracking your ads, you will gain an advantage over 99% of your
competitors. At the same time, you will boost your bottom line
as you will no longer be wasting money on useless
advertising.
Here’s a great advertising resource you can get started with that is a lot simpler and cheaper than google adwords. It works a bit differently and you don’t write ads to click. You just bid on keywords and urls and they show your actual landing page. So with this network you can test your landing page and offer for conversion rates before wasting time and money testing text and banners ads all over the place.
Give it a try, I can figure out the conversion rate of a landing page for around $20 using their ad network. Plus they have great videos that not only show you how to use the system but also how to make money doing it. I discovered DirectCPV when I got started, searching for an alternative to adwords. Because my account got shut down after following some “so called” guru’s advice.
If you would like some personal assistance with your online and offline advertising and marketing to avaoid these kinds of mistakes please feel free to contact me directly at 888.850.3777
Keith Nickel Langevin
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