PPC Pay-per-click campaigns
PPC, short for pay per click, is a type of online advertising in which advertisers are charged for each click on their ads by users.
The Cost Per Click (CPC) can range from $20 to $50 or even higher.
Low Competition Niches: Areas with less competition might experience CPCs as affordable as $1 to $5.
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1- Industry and Competition
2- Geographic Location
3- Keywords
4- Quality Score
5- Ad rank and budget:
To set a budget for PPC:
Define your goals: Determine if your goal is brand awareness, leads, or sales.
Analyze your data: Review past campaign performance and industry benchmarks.
Estimate Costs: Use tools to estimate keyword costs and focus on long-tail keywords for cost efficiency.
Calculate Budget: Determine your daily and monthly budget based on your goals and financial capabilities.
Consider Revenue Goals: Work backward from your revenue goals to determine necessary clicks and budget.
Allocate by Campaign Type: Distribute your budget across search, display, and social media campaigns as needed.
Monitor and Adjust: Start conservatively, monitor performance, and adjust based on results.
Tools: Utilize automated bid management tools and follow platform recommendations.