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Posted by randfish

Pouring money into a paid ad campaign that’s destined to fail isn’t a sound growth strategy. Time and again, companies breaking into online ads don’t see success due to the same issue: they aren’t known to their audiences. There’s no trust, no recognition, and so the cost per click remains high and rising.

In this edition of Whiteboard Friday, Rand identifies the cycle many brands get trapped in and outlines a solution to make those paid ad campaigns worth the dollars you put behind them.

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Video Transcription

Howdy, Moz fans, and welcome to another edition of Whiteboard Friday. This week we’re chatting about the number one reason so many paid ad campaigns, especially from new companies and companies with new products or new ventures that they’re going into, new markets and audiences they’re addressing, fail. They just fall apart. I see this scenario play out so many times, especially in the startup and entrepreneurial world but, to be honest, across the marketing landscape.

Here’s how it usually goes. You’ve got your CEO or your CMO or your business owner and they’re like, “Hey, we have this great new product. Let’s spread the word.” So they talk to a marketer. It could be a contractor. It could be an agency. It could be someone in-house.

The marketer is like, “Okay, yeah, I’ll buy some ads online, help us get the word out there and get us some traffic and conversions.”

Then a few months later, you basically get this. “How’s that paid ad campaign going?” “Well, not so good. I have bad news.”

The cycle

Almost always, this is the result of a cycle that looks like this. You have a new company’s campaign. The campaign is to sell something or get exposure for something, to try and drive visits back to a web page or a website, several pages on the site and then get conversions out of it. So you buy Facebook ads, Instagram ads, maybe LinkedIn and Twitter. You probably use the Google Display Network. You’re probably using AdWords. …

You can read the full article at Moz Blog

Posted by randfishPouring money into a paid ad campaign that's destined to fail isn't a sound growth strategy. Time and again, companies breaking into online ads don't see success due to the same issue: they aren't known to their audiences. There's no trust, no recognition, and so the cost...