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Month: February 2018
อาวุธผับ …
Pay-Per-Click Advertising: You Make Math
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The phrase goes a bit like "fool and money is soon understood …" and buying your homework can quickly go hotelmen with the same fortune.
Click-per-click ("Sponsored Results", "Sponsored Links" or "Sponsored Sites" above and to the right of organic or natural search results on major search engines) must be one of the smartest money- making projects of all time. Advertisers offer each and every one in a famous auction environment and compete to appear higher in the list of ads that come with natural search results.
As today, shown at the top of the Sponsored Links in the UK for "London Hotel" will cost you more than GBP1.30 per click; in the US over $ 3.00 for the "new york hotel"; in Australia more than 2.60 kr for "Sydney hotels" and in France more than EURO1.40 for the search period "Paris hotel" … it's a click … it costs you nothing to show your ad but the moment someone clicks on the ad and is moved to your website, the meter clicks once, and takes another little from your credit card transactions.
Developed by very cool guys on search engines, the vast majority of inexperienced users urge to offer cost-per-click clicks anywhere north of Vladivostok … which it was probably designed to do. In the hotel scene, these inexperienced bidders are probably the same as their performance in terms of ARR rather than RevPAR.
Still there are only a few money not that? Well, based on data suggesting that the majority of website sites convert less than 2.0% of clicks that go through the site, at $ 2.00 per click, it costs just over $ 100.00 to change it sale!
So, here's math education … let's say running downtown downtown and your average is $ 200 and the average duration of stay is 2 nights. Your earnings on online sales are therefore $ 400. Now, before your eyes are glossy, it's not much more complicated, just just watching the bouncing ball for a little longer.
Most hotels allocate somewhere between 3.0-7.0% of revenue at marketplace, so we simply say that you usually spend 5.0% of your $ 400 income on marketing costs ie. $ 20.00. Your website changes 2.0% of visitors for sale (1 to 50 – sad is not it, but it's average conversion rate and may be lower), which means you should spend a maximum of $ 0.40 per click on payment intermediation at click ($ 20.00 x 2.0% = $ 0.40) … not much is it? $ 0.40 will get you about seven in most markets for high keywords. Perhaps your bookings for next month may look a bit soft, so you're ready to raise your market share to 10.0% of your online income or $ 40.00. It still means maximum CPC of $ 0.80 to give you a moderate ROI.
So why in Conrad Hilton's name is the price tag today for the keyword "Destination of your hotel" up to $ 3.00 per click on Yahoo Search Marketing / Bing and even higher on Google?
If you "turn engineer" math, at $ 3.00 per click with 2.0% conversion rate and 5.0% market investment and 2 stay last night, you need the hotel to reach the online ARR on. .. wait for it .. $ 1500.00 per night; sometimes in parts of Saudi Arabia that may be achieved but rarely in the center of elsewhere.
And search engines are smiling all the way to the bank … even at 5.0% conversion rate and 10.0% market investment as $ 300.00 a night; not unheard of ARR, but 5.0% web network conversion rate and 10.0% market investment are rare numbers indeed for many hoteliers and their websites.
So, what can you do to make PPC for you? It's all in the formula:
- Testimonials that are not so active competitions for it are still relevant to your target audience and offer them – less amount yes,
- extend your key words you ask for in three or four words "Boutique in downtown + destination + hotel" as these phrases are not yet active competition for
- Increase your earnings online for sale using either an Increase or Longer Stay
- find and be willing to pay a professional to manage your investment per click with the ability to maximize your clickthrough rate and lowest CPC
- find Consu Lead to help you increase your conversion rate with me ð better experience on the web
- Or you could just continue to bid on cost-per-click (CPC) like everyone else and get broken while search engines keep charging your credit card
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CPC bids are crucial to your arsenal, just pay as much attention to it as you would in other media – use it tactically and it can be your best weapon.