Does Adwords Advertising = More Sales & Higher Profits?
Every business big and small is trying to make money so we can all enjoy the finer things in life, and trying to find new ways of generating extra sales over and above what you make now can be tough. I’ve been involved in a number of businesses both my own, and also speaking to other business owners particularly smaller businesses in the retail sector, and it doesn’t take long to work out that the majority are doing it pretty tough.
So how do get those extra sales without costing an arm and a leg? Well firstly you need to look at your business model and determine if selling online is an option for your business. If you can integrate an online shop into your business then I would definately investigate if this is a worthwhile exercise for you. Sure you’ll need to have someone develop an online ecommerce system but it’s really not too difficult and providing there is some demand for you products then you should easily make your money back plus more in a reasonable amount of time. Talk to you web development team about how to add ecommerce functionality to you existing web site if you have one.
The best part of an online business is limited overheads because you don’t have to have that prime real estate position and the online space works pretty well particularly if you already have really good branding of your business and people are looking for your business name online. Prime real estate online is a combination of improving your pay per click campaign and natural search rankings and you get a global market to boot.
So do people really buy stuff online? Yes, Yes, and Yes, however it depends on what your business sells but I think in a majority of cases you can sell your products that you have and use the leverage of Pay Per Click with Google to sell these products online as well. All you need to do is to setup some tracking so you have some visibility of what’s happening on your site, track conversions, and monitor and adjust.
Of course you will need some knowledge of Google’s Adwords Pay Per Click program, need to be a little tech savvy to edit the shopping cart information and have some determination to perservere when starting off. I’ve been involved with promoting one particular shop selling online and have seen sales over this past year for their online shop tipping in just over $250K in gross sales for under 10K in online advertising. Not bad for not a lot of extra effort.
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