PfP Manage in detail
PfP Manage is ivantage's full-on Pay-for-Position Search
Engine Marketing Campaign
management service. PfP Manage includes all aspects of creating,
building, running and managing campaigns. Despite the intricacies
of doing this effectively, we charge a modest percentage of the media (click
charge) expenditure and clients find it pays for itself quickly and
many times over.
In a PfP Manage service we can set-up all your Pay-for-Position marketing
campaigns across all the relevant UK PfP engines and networks. They
can include: Google Adwords, Yahoo (Overture), MS adCenter, Miva, Mirago,
and WebFinder. For reasons of practicality and dominant coverage, campaigns
often focus on Adwords at the outset.
By means of diligent and imaginative keyword research, we ensure
that the broadest range of relevant and effective keywords is used to
promote your business and obtain profitable traffic.
Paid Search in action
Paid Search works by showing adverts to visitors who visit search
engines or who view pages on web sites which have agreed with a paid
search service company to display adverts relevant to their content.
The collection of associated web sites which have agreed to display
such ads are often called the “content network”.
The adverts are shown in response to visitors entering certain keywords
(in the case of search) or the content of the page being viewed. ivantage
works hard to help you identify the keywords which are relevant to your
ads being displayed.
If a visitor is attracted by the ad then he/she will click the link
displayed in the advert and land on the URL associated with it. This
may simply be the home page of your web site. However, if you have planned
a specific action for your target visitors – in all probability directing
them to a place to make a purchase – the destination URL should be a
landing page specifically designed to receive such visitors and direct
them to the goal you have chosen for them.
The costs of Paid Search
Every keyword or keyphrase on a particular paid search service (for
example, Google’s Adwords) has a click price determined by the service’s
advertisers who bid against each other. When you start to advertise
on PfP engines, you become part of the keyword auction. Commonly, the
more you are willing to pay per click, the higher will your advert appear.
This should result in more traffic – and a bigger bill from click charges.
Recently, some PfP services have added relevancy and advert quality
as well as bid amount to determine position. Google, MSN adCenter and
Yahoo now all employ a formula which Google have named Quality Based
Bidding (QBB). The paid search services want the most relevant sites
to appear as they do on natural search results, so reward relevant and
penalise poor ads. Old style bid management systems are unable to deal
with QBB, so they can only promote ads higher by drastically increasing
the CPC, resulting in very expensive campaigns. ivantage works hard
with clients to produce relevant ad copy of high quality so as to benefit
from the QBB systems.
The places where Paid Search advertising is displayed
The most well known position for advert display is in the right-hand
column of search engine results pages, headed “sponsored links” or “sponsored
sites”. Sometimes, highly rated paid adverts are displayed at the top
of all results.
In addition, each PfP service has its own distribution network comprising
websites who have agreed to present its adverts in return for a percentage
of click charges. Because of this, some PfP services are also called
PfP networks. The network consists of a number of search engine portals
where the ads are shown in response to user search queries in a similar
way to those on the search sites of the PfP services themselves. Google
and Yahoo-Overture (the most important source for traffic volume) associations
include:
Google Adwords
Google (all locations)
Google Groups
Google Directory
Google Products (pka Froogle)
BT Openworld.com
NTL.com
ASKJeeves.co.uk
DealTime.co.uk
Blueyonder.co.uk
Nexttag.com
Virgin.com
Overture
Yahoo.co.uk
MSN.co.uk
AOL.co.uk
Lycos.co.uk
AltaVista.co.uk
Wanadoo.com
There are also web sites which do not offer themselves as search
services but simply present ads on pages alongside normal content. The
ads are displayed in response to a keyword match between the advert
and words in the text content of the page. Again the ads are displayed
in return for a percentage of click charges. The collection of such
websites associated with a paid search service is known as the “content
network”. ivantage can help advertisers determine whether expenditure
on placement in the content network will deliver relevant visitor traffic.
How do we manage the PfP campaign?
As a result of considerable experience in the field of online search,
we have a defined methodology that we use in connection with PfP Manage.
Our methodology
As soon as the campaign has begun, the process starts with you, the
client, completing the Business Discovery document, then continues as
outlined below.
The Business Discovery document
The Business Discovery document is used
by our Account coordinators to fast-track their learning about your
business, your market and your key competitors. Armed with this information,
your Account coordinator will, with the assistance of our most senior
consultants, be able to build an appropriate PfP campaign for your website
starting with extensive keyword research.
PfP Campaign Set-up Report
After this analysis we deliver a PfP Campaign
set-up report for your approval or refinement. This details exactly
which keywords we intend to use to start your campaign and the general
messages we shall embed in the creative work for the PfP adverts.
Your approval
Subject to receiving your approval, we
implement the campaign across the selected PfP network(s).
Campaign live date
As soon as we have your agreement to go
live with the campaign, we switch on your adverts, first at Google Adwords,
and you receive traffic immediately. If other networks are included
in the campaign, we “go live” with Overture one to two weeks later,
then on other selected engines. We start with Google because Adwords
allows us to change adverts quickly and we can monitor response rates
for each change. Once we know which keywords and ad copy work best we
can use them on the other PfP engines.
Budget control
You authorise the PfP media spend with
us every month by completing and sending a Monthly Insertion Order.
On receiving an Insertion Order, we continue with the campaign at the
expenditure level you have authorised. We allocate your monthly spend
across the appropriate services and set daily limits so that your expenditure
is spread over the month in an agreed profile.
Initial bidding strategy
We advise you in the early stages of the
campaign about your maximum bid prices for each keyword. We estimate
these before your campaign starts and they are detailed in your Proposal
and Contract document. As your campaign progresses, these variables
may change and we advise you on maximum bid levels and recommend suitable
budgets.
Ongoing bidding strategy
Determining your continuing
bid strategy can be the most complicated part of your PfP campaign.
It may include tactics, such as:
Bidding to a maximum cap
Bidding to specific position
or rank
Bidding to find gaps in
competitors’ bids
Bidding to jam competitors
into paying higher prices
Google Analytics
With PfP manage we use a sophisticated
conversion tracking system called ivantage Bid Manager that monitors
how well the traffic is converting to fulfil your specific goals. Bid
Manager makes it possible to calculate additional metrics and use them
to enhance your bidding strategy. They include:
Return on Advertising Spend
(ROAS)
Advertising Spend over Revenue
ratio (ASR)
Return on Investment (ROI)
Cost per Action (CPA)
Profit Margin
Regular monitoring
Depending on the competitiveness of your
campaign, your industry and chosen keywords, your campaign is monitored
at least every day – some times every hour of every day and night –
to ensure your bidding strategy is implemented.
Automated intervention
ivantage Bid Manager provides a feedback
loop that automatically adjusts your bids according to your chosen bidding
strategy. This ensures that your bidding tactics or marketing metrics
are always being met.
Campaign reporting
We provide regular reports from ivantage
Bid Manager about the traffic your PfP campaign generates together with
information about which PfP keywords have led to successful goal conversions
or sales.
Integration with ivantage Visitor Insight
If we are running your SEO campaign as well as a PfP campaign, your
PfP results can be integrated into ivantage Visitor Insight, enabling
you to compare your paid and natural search campaigns, together with
any other online campaigns you may have included in the scope of Visitor
Insight.
Learn more
about ivantage Visitor Insight
Detecting click fraud
The Paid Search services have systems to detect click fraud but,
to assist in combating this continuing concern, PfP Manage includes
its own click fraud detection. Our monitoring systems inform us should
too many clicks originate from a single IP addresses or from competitor
addresses, or if unusual click patterns develop on specific keywords
or from unexpected sources.
PfP timescales
Below is a typical project plan for PfP
Manage. Critical points are receiving the Business Discovery Document
and a revised or approved PfP Campaign set-up report.

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