Paid Advertisement: Is it Worth Spending on Ads for Leads?
There isn’t a more effective way to
generate leads then doing so online. Most businesses go with an online lead
generation agency to help them structure their approach and run it for them.
The management in the organization not knowing much about lead generation gives
the online lead generation agency the chance to pitch Google AdWords.
With AdWords what you are essentially doing
is paying Google to ensure your website appears on top of searches for your
specific keywords, under the ad space. While this may seem like an easy way to
climb the ranks over doing so organically. Keep in mind that you pay for every
click that comes through to your site when the ad is clicked on.
Is Google AdWords expensive?
Nothing comes easy in the digital world, a
spot for one of Google’s top spot is costly. On average small businesses spends
anywhere from $9,000 to $10,000 a month when they rely solely on AdWords. But
if you are in the same space as big retailers, you may be better off tapping
out of the ad space because big retailers spend millions of dollars on their
AdWords campaign.
But when it comes to ad space, Google is
far more reasonable than other search engines. While it takes a company’s
budget into mind, it tries to level the field as much as possible so that small
businesses can survive in the same space as big companies. But businesses need
to be smart about the keywords they select to run the ads for, picking more
than one and not just the most popular keywords linked to your business.
The actual cost per click varies across
different industries ranging from $58 for business services down to $33 for
rehab centers.
The online lead generation agency you opt
for may have you believing that Google AdWords is a sure shot to riches. What
you need to realize is that while it will generate leads,
those leads will be costly and if your conversion rate isn’t high, then AdWords
is your sure way to burn money. A strategy that focuses more on an organic
approach to improve SEO mixed with Google AdWords can work for a new business
to set up a foundation in the market. However, if you had to choose one between
the two organic would be the way to go, it may be slow but the return will be
far more rewarding in the long-term.
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