April 3, 2010
How to Make Money with Google Adwords
How to Make Money with Google Adwords
Google AdWords is Google’s advertising program. It lets you create simple, effective ads and display them to people already searching online for information related to your business. As a dominant force in the Search Engine world, Googles Adwords program is used by many businesses to make money money.
When you create an Adwords ad, you define the keywords that will be associated with your ad and decide how much you wish to bid for each click. Your maximum bid cost is dependant on the keyword competitiveness and your ad ranking, a well managed campaign can be lowered in cost over time.
It is very easy to set up a Google adwords account. The initial start up steps are:
1. Create your Adwords user name (email) and password.
2. Set your account currency. This currency will be used for all billing and bid tracking. generally you would set this up as the same currency as your credit card and/or other accounts, but it can be what ever you want. Once the currency is set, you can not change it. So, obviously, choose the currency that makes the most sense for your business.
3. Verify your account. You must use a active email as you will recieve a email from Google that contains a link to activate your account. Your account will not activate until you click the link they email. Click the link provided in that email and then sign in to your AdWords account with the email address and password you recently chose.
4. Provide billing information. You can explore your AdWords account without submitting billing information. However, your account will not be active and your ads won’t run until after you provide billing details and make a payment. See the activate your ads section in your Google adwords account to learn how to enter billing information and get your ad running.
As soon as your payment is made, you can start running ads and driving traffic to your website(s).
There are many advantages in using Google Adwords. Adwords Discounter can be used to automatically adjust your maximum bid to one cent above your closest competitor, which helps to maintain your place in search results. This can save quite a bit of time because you don’t have to constantly loggin and tweek your bids.
The way Adwords positions your ads is another great advantage of the program. In Adwords the position of a certain ad is determined by multiplying your CPC (cost per click) by your CTR (click through rate) and not simply by CPC alone.
Other advantages which Googles program has over similar ones include setup time and specific country / language targeting. With Adwords your ads can be live on Google within five minutes of creating them so you can potentially begin to see results immediately, ads on other web advertising tools usually go live after a three to five day waiting period. Adwords allows you to choose who should see your ads from among 250+ countries and 14 languages, this means you have more control over your ads so you very accurately define your target audience.
This is just a sampler of the Adwords industry. There is a lot of homework to do to learn the trick and secrets of the trade to really leverage this tool.
There are two other ways that people and businesses use Google to make more money Online.
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