Familiarization of PPC in Client's Business Understanding
While we are working for Client's Business needs we need to look in Bigger Picture and familiarization of how PPC Fits in to Paid Search goals in maintaining relationship in Industry
Its very essential to notice the Economic factors with greater sense which gauges the performance of the business.Our Paid Strategies should go with in those business and Industry Factors which yields best results.
Several Factors Like supply and demand should be taken in to consideration like cost, Market demographics,Advertising,Expectations etc. While we are working under PPC we need to shift in to Goals and Performance which may vary as per the supply and demand and several other external factors which may increase or sometimes it may decrease and it affects the bottom line and profitability.
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The client wants to increase the budget prior to earlier month to reap the benefits of number of conversion leads.Profit Margins in PPC is often referred as Return on Ad Spend(ROAS) and it helps to determine PPC Goals and Optimizing towards them. This gives an idea how much money the company is earning for the every dollar spent.If the client wants to see ROAS of >100% which means that for every dollar they spent the client earns more than $1.On the Other hand Loss Leaders are the one whose business is ok with losing a bit of money on and they mainly focus on bringing new customers associated with a higher average order value.
The ROAS Goal has bigger impact on the client's business when once we understand the best business model that brings back the returning customer by optimizing & analyzing the conversation value with the best products that lead to more long term revenue and profitability.Thinking of client's Business Needs and goals that really contribute the Growth by perfect implementation of strategies really drives fruitful conversions.
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