7 Minutes in SEM Heaven

For those of you who are not search marketing experts yet, I’d like to share with you a few tips and some quick fixes that will improve your account and can be figured out in 7 minutes or less. Please note that these are more beginner tips. In addition, this applies directly to Google, but can also be used to help with other search engines like Yahoo and MSN. When you are done, you will feel like you’ve accomplished a lot and are in a nice happy place.

Heaven

Let’s focus on three key areas:

  1. Campaign settings
  2. Keyword match types
  3. Keyword bid optimization

1. Campaign Settings

Check your campaign settings and ask yourself the following questions:

  • Are my geo-targeting settings correct? If you are selling a product that only ships within the United States, don’t target “All Countries and Locations.” I know it sounds simple, but I can’t tell you how many accounts I’ve seen that have wasted dollars on such a careless mistake.
  • Are my networks and bidding settings correct? Keep search and content separate…always. If one is checked, then other should not be. It’s a major money waster to not separate search and content campaigns. Refer to a more in-depth explanation in this blog post about Google Content Network Best Practices.
  • Is my daily budget big enough? Review the daily budgets of all your campaigns. It’s possible you might need to shift things around a bit. Your campaigns with the best conversion-driving keywords should get the most budget dollars allocated to them. You don’t want these campaigns turning off prematurely, because it could mean a huge loss in revenue.

2. Keyword Match Types

Ask yourself:

  • Which match types am I currently using? Which should I be using?

Think about your search terms. If you are only buying broad match keywords, you need to change this strategy right away. Ideally, you should do some keyword research and buy long-tail terms in both exact and phrase match. As a quick fix, however, you can copy and paste your entire keyword inventory into other match types in AdWords Editor. Buying multiple match types is a way of making your keyword mix more efficient, but be careful setting up the different bid amounts. If your broad match keyword bid is higher than your exact and phrase keywords, then it will be triggered and most likely have a higher average CPC. Also, if you are not using negative match keywords to block off irrelevant traffic, you are making a pretty big booboo as well. Learn more about match types.

3. Keyword Bid Optimization

Run a keyword report covering the last few months. Download the report into Excel, and look for 2 big things that might stand out:

  • High cost keywords – Sort keywords by cost and pick out any keywords that have not had conversions in the last few months but have spent a lot of money. For example, a keyword with $2,568 in spend and zero sales is a pretty good clue that it should be paused. If they have had a conversion or two but the cost per conversion is still pretty high, you might considering lowering the bid.
  • Low cost conversions – Look at the keywords with the most conversions and lowest cost. Are they in a high enough position? Can they be even higher? If the cost per conversion is really low, you might want to raise bids on these keywords for higher positions and see if it increases volume.