Saturday, October 26, 2013

Google Adwords and Making Money.

Google Adwords and Making Money.
There's no doubt in my mind that Google, together with eBay, Yahoo and Amazon, is one of the biggest revolutions that the Internet has provided to us.

Today, Google is worth over US$100 billion simply because it has managed to successfully exploit the money-making potential of what is still its free service - the Google Google!

How did it do so? With a product called search engine Adwords. As I've said in my other blogs, Google's main competitor today is not Yahoo or MSN. It competes with the traditional, more established MEDIA enterprise outfits like CNN, NBC, BBC etc.

Why? let us suppose you want to advertise a product or service. A few years ago, you would have placed an advert in the newspaper, on radio and/or on TV. True, you can still do so today but you now have another superb choice. To advertise on search engine Adwords!

Search engine today reaches more people than any national TV company. And it only advertises your product to people who have shown a vague interest in it by typing some relevant keywords in its search engine. Even better, you dont have to pay search engine a cent unless someone clicks on the link to the product or service you advertised. Now do you comprehend why it's a huge accomplishment?

So does this mean that you should use Google AdWords to generate wealth online? The answer is No, you must use google AdWords only to market a product or service online!

Google is brilliant to divert traffic to your web portal - for the ordinary home-based business, there is probably no better tool. But it can be rather dangerous - use it like a knife. The costs can rack up very quickly. If you are on a limited marketing budget, this will be expensive.

Since I have lost over US$2,five hundred spending money on search engine Adwords, I cannot claim to be an expert at it. But I am sure that if there's one lesson you can draw from it, is BE CAREFUL OF search engine Adwords. it is not a licence to print money like some people claim. And if you do want to use Google AdWords to promote your product or service, be sure to pick up an eBook on how to use it - I have given a selection below. the financial costs of one eBook will be far less than what you will WASTE ON search engine AdWords if you do not know what you are doing. Trust me!

As stated above, use Google Adwords, only to market a product or service. do not use it together with marketing sites such as Clickbank or Commission Junction to drive traffic to other people's sites. Clickbank wins, Google wins, the publisher wins, BUT YOU WILL fail!

Make certainly sure that you have set aside a marketing budget to spend on search engine AdWords and state your maximum spending limit on Adwords. Otherwise, you will literally burn money that you can't afford!

Make sure that you use the broad match function with the keywords you are buying - they will give you more visibility on search engine
If you own your own web presence, use Google AdSense too (see my related blog), this will give you a residual source of income
Remember that search engine AdWords ranks your listing using various criteria. The price you are prepared to pay is only one of them, albeit a major one. A billing that generates more clicks can well be placed above yours if it is generating more clicks.

This means that as you have started buying a keyword, you have to expect to pay more. But if you have generated some accomplished clicks, you should bid less and hence reduce your costs. you may still be placed around the same average position or maybe even better.
Log into your Google AdWords account every day and monitor your costs. Otherwise, the costs will immediately spiral out of control. You can run a budget of multiple millions of dollars if you are a large company. If if you are the little home-based business who is marketing his (or someone else's) product, chances are that you are generating this marketing money out of your paycheck or savings. So clearly, this money is limited and means a lot to you. Actively monitor the keywords that are generating clicks, and lower your bids on those that have been generating clicks
Remember, Google AdWords is like a car. It can be familiar with take you from A to B, but it can get you into a nasty accident. So just like you would learn how to drive a car before in fact driving, I strongly urge you to grab one of the following eBooks and read thoroughly before you start using search engine Adwords.

Whilst I have carefully chosen 3 eBooks to suit various extents to which you need to use search engine Adwords, i guess that they are all of value and the price you pay, in every case, is well worth what it can otherwise cost you.

How much time will search engine AdWords require from you? As much as you are willing to give. I spend about 1 hour every day reviewing my campaigns (when I run them). But you will want to do more than that - say 2/3 hours a day - when you start in order to get the hang of it.

And finally, remember that Google takes money by bank transfer out of your bank account each month. So make sure you have cash to pay for the marketing. Non-payment will result in account suspension and a bad credit rating.

So take advantage of these wonderful opportunities the internet provides to everyone. To see an example of how to take advantage of it go to: http://visitwebpages.info/paypalchecks/

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