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Pay Per Lead vs. Pay Per Click
Category: Pay Per Click
Tired of watered down, poor quality leads from your lead generation company? The last several years, we have been noticing a trend being discussed by our clients. They are telling us that the quality of leads that used to come in from their lead generation services have dropped off the map. At the same time, they’ve noticed that the quality of leads coming from pay per click has remained superb and even gotten better.
Interestingly, one of the sources that lead generation companies use to develop leads is pay per click search traffic. Many will end up marking up the costs to you and then shelling the same lead out to multiple vendors. If this sounds like your situation, perhaps you ought to think about ditching the go-between and head straight to the source of traffic.
Getting into PPC advertising is not as simple as it used to be. Sure, you can set up a website with some contact info, but the competition has gotten more sophisticated in recent years. In order to really compete and push down your cost per acquisition, you’ve got to throttle up your effort and skills.
We always tell our clients that everything in the pay per click pipeline needs to be optimized. Let’s take a look at a couple items.
Begin with your paid search ad copy. Today’s PPC search engines place high importance on your click through rates. The more an ad is clicked, the more money they can make. So, they have worked into their algorithms things like “Quality Scores” which take these rates into consideration. Fine tuning your ad copy will increase your click through rates. Conducting daily split tests is vital. By testing your ads continually, you will find what works and what doesn’t. If you don’t have the time to do that, then hire a PPC management company. An expert can double or triple the number of people clicking on your ads.
So, why is this key? Pretty simple. Double and triple that relevant traffic and you can double and triple your leads. If you are not working on this, trust me, your competition is. It’s worth the time and expense.
But as I mentioned, everything in your pipeline can be optimized. Let’s take a look at where you are sending these people who click on ads. Do you have a contact form or just an email address? Is your phone number visible or in your footer? Are you offering an incentive for people to take action? There’s a lot to tweak and test.
Fine tuning your landing pages will lower your cost per lead. We’ve seen small changes double conversions and drop your costs per lead in half. So, tinkering is well worth the effort.
If you don’t know where to start when it comes to Pay Per Click search, hire a PPC management company. They will develop keyword lists, find keywords from your competition, advise you on some ideas for your landing pages and conduct those daily split tests.
So, consider getting rid of the saturated lead gen services and heading for the source. The results can be dramatic.