Finding out which are the best “Pay Per Click” keywords are the ones that have a higher likelihood for being used by would be buyers is tricky, it will literally vary from one website to the next, the market you are in, the ability of your website to convert visitors to clients (called conversion) all play a part in how well a keyword will work.
A good rule of thumb, in my opinion though is the price Pay Per Click Companies like Google will charge you per click for a given keyword or key phrase.
Now this is not a result of companies like Google, Yahoo and MSN being greedy. No not at all, the way this works is that the price paid for a keyword is determined in a similar fashion to bidding at an auction.
If two or more people are after the same item at an auction, between them they will raise the price higher and higher until only one person remains. Bidding on keywords is very similar, though as usual, a little more complicated (this will be the topic of a later post, maybe two posts).
The more someone is willing to bid for a keyword, the more likely that their ad will be displayed the one number one position when their keyword is searched for by a prospect.
Of course market forces have determined over time what particular keywords and key phrases are worth, and a good Pay Per Click Company, will only charge you enough to have your keyword sit at the number one position regardless of your bid.
Now when you think about this, which keywords do you think will be the ones in any market, that will be the most popular, the most sought after and as a result the most expensive? Correct, you guessed it, the keyword that usually leads to sales. The most profitable keyword, what I call “Money Keywords”.
Now to check on the going price for a given keyword in your market, I find one of the most useful tools that I use is the Google Keywords Tool.
This valuable piece of pay per click software is 100% free to use and will provide a plethora of useful information for you. It shows the estimated cost of a click for each keyword, the average searches per month, the month with the highest number of searches for a given keyword and though a little daunting to begin with will, it will become a valuable part of your keyword research toolkit and help you to choose your keywords in a much smarter way than the average marketer will.
To find the Keywords tool, go to Google and simple search for “Keyword Tool”, at number one position will be the link to this great piece of Pay Per Click Software. There is nothing to download, the keyword tool runs in your web browser.
Next time, we will talk about “Long Tailed Keywords”, these special keywords are usually four or more words in length, and although they are often the least searched for, though they often boast big dividends whether you are using SEO tactics on your website (which you are of course, right!) or running a Pay Per Click ad campaign.
Till next time, good marketing.
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