by jason
24. December 2009 16:35
Pay Per Click Advertising is touted as a great way to reach your target market. Nobody know this better than Google, Yahoo and Bing. Well, "if I were Microsoft" I would set up strategic Pay Per Click advertising campaigns on Google and Yahoo. You want to talk about reaching your target audiance. As an avid Googler I will say there are some things that bing does do better, you can't be all things to all people, although Google will certainly try. So, if Bing advertised on Google for the things they think are better and drove traffic to their search engine they will have a great opportunity to change the minds of a highly captive engaged customer, whose lifetime value could be in the tens to hundreds of thousands of dollars. Microsoft spent $80 million advertising Bing. Imagine they spent 1/80th of that budget on PPC. Let's just say they spent an average of $5 per click, they'd get 200,000 users to go to their search engine and try their search engine out!
What about the number of impressions? Let's say on average the Click Through Rate for each ad was 2.5% which through some forums seems to be a conservative average. That would mean they would get 8,000,000 impressions! How much would Bing have to spend to get the same number of impressions on a TV advertising campaign ??? (also consider production costs). How long would it take to produce the commercials and spread the content and get 8,000,000
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Tags:
SEO