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How Competitor PPC Campaigns Can Help You Drive the Sale

As writer Anthony J. D’Angelo suggests, “Don’t reinvent the wheel, just realign it.”

When you see that a system works for someone else, do you start from scratch as you work towards a similar goal?

Or do you add your own flavor to what’s already worked for others?

This quote informs life decisions and business goals, and it holds true for PPC campaigns as well.

Your competitors are rocking their PPC campaigns! They’re generating traffic, leads, and purchases that help sustain their businesses. If you’ve been struggling with your PPC campaigns or you’re doing pretty well but would like to learn a bit more, keep reading.

“Don’t reinvent the wheel, just realign it.” Anthony J. D’Angelo

Instead of reinventing the wheel, you can watch and learn from your competitors.

Pre-PPC Campaign (What To Do Before You Watch and Learn)

Before you begin watching and learning from your competitors, there are a few things you’ll want to have set in place. Let’s look at this list:

Now we can dig into existing successful campaigns and the ways you can learn from them.

The Anatomy of an Effective PPC Campaign

The effectiveness of a PPC campaign will vary by company because there are multiple components involved.

Some of those components include your campaign goals, web category, the fierceness of existing competition, audience connection, keyword choice, ad copy, landing page copy, and so forth.

[tweetthis]The effectiveness of a #PPC campaign will vary by company because there are multiple components involved.[/tweetthis]

But that doesn’t mean that you can’t look at what’s been done and glean tips that might work well on your website.

Below are some PPC campaigns that have worked well. These companies contracted help, but if your budget doesn’t extend that far, you can study these cases and related links to get your PPC campaign going.

Case Study 1 – Proto Labs

(Source: Proto Labs)

ExtraDigital carried out a PPC campaign for Proto Labs, a prototype production company. They were looking for lead generation campaigns that would help grow their business. Two components of their campaign stood out:

Results Summary:

With keyword parameters set, improved content on landing pages, continuous campaign assessment, and efficient budget usage, there was a 111% improved conversion rate on Proto Lab’s French website within three months. These results were achieved with a 51% decrease in cost per conversion.

What Can We Learn from Proto Labs?

Case Study 2 – Ties

(Source: Ties.com)

Ties.com needed to kick start improved PPC campaigns and outsourced help for that.

Existing ad campaigns, ad copy, and keywords had been neglected because the company was short staff. Considering the staffing issues and with thousands of products to offer, the company’s PPC campaigns had lost traction and hadn’t been consistently monitored.

The President and COO, Omar Syyed had two goals. He wanted a higher return on his ad campaigns, and he wanted to be able to systematize the PPC campaign process. Here’s what changed:

Results Summary:

What Can We Learn from Ties.com?

[tweetthis]Systemizing your approach to creating, monitoring, and maintaining your #PPC ad campaigns can increase your ROI.[/tweetthis]

Case Study 3 – HourlyNerd

(Source: Hourly Nerd)

HourlyNerd is a B2B consulting company. They match students and graduates from top MBA programs with companies that need expert business consulting services.

HourlyNerd faced a costly challenge.

The keywords used in their PPC campaigns were too broad to attract clicks from their targeted audience.

Also, leads weren’t a match for services offered by HourlyNerd. They felt they were pouring money down the drain. Another drawback was that some keywords cost them around $20 per click due to fierce competition in the business consulting field.

After overhauling their PPC strategy, HourlyNerd achieved results that kept their company in operation. Here are some changes they made:

Results summary:

What Can We Learn from HourlyNerd?

How to (Really) Know the Competition

Jaime over at SearchEngineWatch.com puts a twist on the old sales phrase, “know your competition.” As he explains, to differentiate your company, you want to know more about your competitors than which keywords get their bids. Instead, he suggests:

This way you learn more than which products and services are offered by the competition.

[tweetthis]To differentiate your company, you want to know more about your competitors than which keywords get their bids.[/tweetthis]

You learn about their sales copy and how they incorporate their keyword into their copy. You’ll also learn how they present offers to their customers and the ways in which they place opt-in forms on their landing page.

Lastly, you learn how customers are funneled through sales pages.

For instance, by going to a search engine and keying in the phrase, “square business cards” you can explore text and page layout on multiple web pages.

Three PPC ads were at the top of search results for this keyword phrase. The company websites were: UPrinting.com, Moo.com, and THikit.com. On each landing page was header text incorporating the phrase, square business cards:

UPrinting: “Square Business Cards Printing.”

(Source: UPrinting)

Moo: “Square Business Cards.”

(Source: Moo)

THikit: “Want to Make an Impression: Print Square Business Cards on Really Thick Paper.”

(Source: THikit)

Think about this header text and also look over each website’s landing page image. Here are some questions to consider when researching the competition:

Make note of what works and what doesn’t. Consider how your target audience might respond to each ad. If you like an ad, but your target customer isn’t intrigued, that ad won’t get the click. So think about how your ideal customer would respond to the overall experience as well.

Knowing the Competition: Empirical Insights

You can take your assessment a step further with empirical data. Using Google’s Auction Insights Report, compare your campaign performance with your competitors.

The search campaign report shows you your share of impressions, who’s positioned above you in the SERPs, outranking share, and the top of page and overlap rate. For shopping campaigns, only the first three stats are given. This information determines what you pay per click, so it’s worth investigating.

The AdWords Performance Grader grades your AdWords performance to help you get the most out of your campaign.

This free report reviews your ad copy, keywords, landing pages, click through rate, quality score, and more. Your final grade indicates how your campaigns are performing in comparison to your competitors.

Another tool, iSpionage, guides you towards finding profitable keywords based on your competitors’ URLs. This tool examines the entire sales funnel so you can gain an edge on the competition. In addition to the report, you’ll receive alerts and updates by email.

As you plan which approach will best help you watch and learn from competitor PPC campaigns, consider Google’s recent feature. Their Keyword Planner tool provides insights into competitors’ ad impressions.

You can estimate your share of an ad impression in comparison to the top five market leaders from your list of keyword ideas. Keyword category comparisons will be made in relation to similar advertisers.

Conclusion: Finding Your PPC Sweet Spot

We’ve covered a lot of information about watching and learning from your competitor PPC campaigns. The idea of adding your own unique spices to the stew instead of creating a new recipe still applies. You don’t want to ignore what’s been done before.

In that same vein, you want to make sure your PPC campaign choices reflect back to your company’s missions and goals. And what matters most is that each PPC campaign speaks to your audience to let them know that you offer the goods and services that they need.

Now it’s your turn – how will you use this knowledge to spearhead your PPC campaign to success?


Also published on Medium.