Tracking Conversions Of Your PPC Campaigns To Boost ROI
by: Ivana Giardi
Conversion is the most important metric of the online advertising. The term conversion refers to converting from leads to customers or users of your service. So if someone clicks on your ad and buys something on your site that click has been converted into a sale.
Conversion tracking is extremely useful because it enables you to accurately track how many clicks from your ads resulted in sales which will help you to determine your return on investment (ROI).
Advertising should be considered as an investment into your business growth. For an investment to be effective, it needs to generate measurable positive results -- without positive ROI, advertising represents only cost to your business.
With a proper conversion tracking in place, you will be able to track your sales and calculate your ROI. There are many easy to use, affordable tracking tools to monitor and analyze your campaigns performance. (Apex Pacific, for instance, offers Dynamic Site Stats, a Web-based tool that monitors the performance of your website in real time and helps you improve the effectiveness of your online marketing campaigns.)
By using website tracking tools and their reports, you can accurately track which ads and keywords result in sales. This will help you to determine and eliminate poorly performing advertising campaigns. It also tells which ad campaigns you should focus your energy and resources on to further perfect their performance.
For example, Live Cost Analysis report available in Dynamic Site Stats, provides you real-time insight into the effectiveness of your paid search (PPC) campaigns. It pulls together dynamic price information from the leading PPC search engines (Google, Overture, FindWhat, Espotting, etc) with the revenue earned on your website so you can measure the profitability of each keyword.
Live Cost Analysis offers you clear, concise and actionable reports on which campaigns, keywords and search phrases are bringing you the most new customers, and which keywords are the most effective at driving qualified customers.
Analyzing statistics from the Life Cost Analysis reports will give you the information you need to improve your ROAS (return on advertising spend). Reports enable you to see a number of actions and cost per action (CPA), which will help to evaluate your campaign and/or keywords performance.
Improving the conversion performance of campaigns and keywords that are returning a lower overall ROAS will have a positive impact on the effectiveness of your website and the value of your product offerings as well.
In conclusion, conversion tracking reports offer great help to effectively monitor and analyze ad campaigns and keywords performance. This way you are able easily identify areas of low performance and optimize these accordingly to achieve the maximum ROI of your advertising budget.
About The Author
Ivana Giardi is Marketing Director for Apex Reach division of Apex Pacific, a complete Internet marketing solutions provider.
http://www.apexreach.comhttp://www.apexpacific.comhttp://www.dynamicsitestats.com[email protected]