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Google AdWords: Like Playing The LotteryDean Phillips A "dollar and a dream," is all you need said the television commercial. The lure of the Lottery is a seductive one: plunk down a dollar and you might become a millionaire for life. The promise of "pennies from heaven" makes the Lottery a daily habit for millions. People flock to convenience stores every morning to buy a newspaper, a cup of coffee, and a lottery ticket. I see that same kind of passion and unrealistic dreaming among Google AdWords advertisers. Why Because they heard they can "strike it rich" with Google Adwords. It doesnt help matters any that Google makes it ridiculously easy to get started with their pay-per-click program. All you need is "five dollars and a dream!" Google doesnt advertise that message of course. However, for most advertisers, its still a huge gamble nonetheless. Do advertisers make money with Google AdWords Some do, yes. However, the vast majority of advertisers might as well blow their money on lottery tickets. Is Google AdWords to blame for so many advertisers losing their money That depends on your point of view. Are lotteries responsible for people gambling and losing their money In my opinion, the answer to both questions is yes and no. Lotteries would never admit this, but their whole purpose for being is to entice people to gamble. I mean, cmon. Thats why they exist. If people didnt gamble, there would be no lotteries. Yes, lotteries hide behind legislation and the pretense that the money they generate goes toward education and other laudable endeavors, and for the most part thats true. However, its also true that there are people barely living above poverty level, spending money they cant afford on lottery tickets. They get sucked in, because like the television commercial said, its only a dollar. However, those dollars tend to add up pretty quickly, when youre spending ten or twenty dollars a pop on lottery tickets. Its the same with Google AdWords. People who wouldnt ordinarily advertise get sucked in, because its only five dollars to get started. But when Google charges $500 to their credit cards every couple of weeks, and they havent made any money, the harsh reality of the situation sets in. Its not nearly as easy as they thought or heard it would be. Of course, its easy to blame Google AdWords. However, most of the blame has to fall on the shoulders of the advertisers. The majority of Google AdWords advertisers, simply dont have a clue about what theyre doing. They read some e-book about how to make money with Google AdWords, and instantly think theyre ready to conquer the world. Its just not that easy, people. You still have to have some fundamental knowledge of advertising, in order to succeed with Google AdWords or any type of advertising for that matter. You have to educate yourself first. And the best way to educate yourself is by reading "real" advertising books like "Scientific Advertising," by Claude Hopkins and "How To Write A Good Advertisement," by Victor Schwab and "Advertising Secrets Of The Written Word," by Joseph Sugarman. Educate yourself first, and then lay down your money. Thats how it works. To do otherwise, youd be better off playing the lottery!
| RELATED ARTICLES Pay-Per-Clicks . . . One Way to Boost Traffic to Your Web Site One of the ways to boost traffic to your Web site is by purchasing keywords from one of the pay-per-click search engines or directories. I Would Give Anything To … A couple days ago I was listening to a CD by one of the most successful speakers in the industry. He has been around for many years and is considered one of the greats. He is also considered to be somewhat off the beaten path.As much as he is admired and respected by many, he is judged by just as many. The segment I found most intriguing was one about how others often say to him, “I would give anything to be a successful speaker and author just like you.” Five Marketing Nightmares and How to Prevent Them The success or failure of your trade show rests heavily on how well you market your event. Marketing, when done right, can project a positive image of your event, entice exhibitors to sign the dotted line, and attract loyal customers. How to Force Your Visitors to Order Immediately! This may comes as a surprise to you but, if youre using popups on your website which you should, then chances are youre using them all wrong. Almost everybody is. More Marketing Dope Direct marketing can make you very successful, but you’ve got to understand the basics. Here are some more gems of the industry that can take you from being a diamond in the rough to the luminous bling-bling. 10 Effective Ways To Gain More New Ezine Subscribers 1. Swap ads with other ezine publishers. About Your Newsletter No matter how you name it: email advertising, email marketing campaign, newsletter, ezine. The medium is already worn out. Overused. Abused. This means you have to make extra efforts to make people get involved with whatever you do for making a living online. Contextual Advertising: Is it Right for You If online advertising had fads, contextual ads would be the latest "in thing." Also known as "content targeting," they seem to be "poppingup" no pun intended all over the Web.Fromnews sites to privately owned websites, everyone and his brother seems to be dipping his "toe in the water." Aint We Wonderful! It may come as a surprise to you to discover that customers don’t buy your products or services because they feel that you have a right to make a profit. In other words, their motive for doing business with you is not to help you buy the latest Jaguar or put your children through college. You think this is a joke Recent research shows that something like 60% of businesspeople place more importance on what they will get from a transaction than on what their customers will benefit. 11 Creative Ways You Can Use Autoresponders 1. Pick 4 or more articles youve written that have a common theme and put them in an autoresponder series. Announce it on your site as an e-mail course on the go. Ten Reasons Why Online Surveys are the Future Of Marketing Customers are tough cookies. Theyre extremely media aware and increasingly cynical – its a clever marketeer who can get under their skin. Online surveys reinvent the traditional format and offer a unique way of interaction – all the benefits of the internet without the programming. Arrogant Overture Placing Greed Ahead Of Their Customers Needs According to the dictionary, the definition of the word "overture" is as follows: Warning! The Person Doing Your Marketing May Not Even Know How to Market Themselves! As a business advisor I work with clients helping them gain visibility within their market. Without sounding too arrogant or bold I can safely say I have earned the right to do this. The primary reason is because the very strategies I teach my clients are the same tactics that have afforded me a great deal of visibility within my market. It is this visibility that sets me apart from my competition. The Power Of Viral Marketing You certainly know by now that the term "viral marketing" is not just another dot-com cliché. Quite the contrary, it describes the incredible, unmatched power of the Web to promote your business by marrying email to the traditional concept of "word-of-mouth." Are Your Emails Gettting Through If sending email to a mailing list is part of your markëting or business building strategy, you want to make sure your messages are reaching your audience. Are your readers getting your emails Due to the proliferation of sp@m, ISPs your web access and email provider have added content checkers to try to reduce the flow of unwanted mail. In principle this is a good idea. In practice, lots of sp@m is still getting through and many lëgitimatë emails, possibly including yours, are being blocked. The Write to Link Popularity Using writing as a means of boosting your link popularity can be a turnoff for many webmasters, when in fact it can lead to a wealth of links. Politicians Are Like Car Sales People... Well, another election has come and gone in the US and no matter which way you voted there are some important marketing lessons to learn. Top 7 Internet Marketing Sites for 2005 Are you confused by what really works when marketing your business online You CAN Be a Great Salesperson! When you are in sales, you have the choice to be successful or unsuccessful. The only one to set limits on your income and success is you! A career in sales is a challenge. Use that challenge to motivate and excite you. Meet and beat that challenge! Marketing is a Long-term Investment "Dig your well before youre thirsty" is the title of a wonderful book by Harvey Mackay. It is smart advice for investing your money, "Save your money before you need it", or growing your business, "Market today for tomorrow". |
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