When analyzing paid search traffic the central focus is obviously on conversions, the sale, lead gen form completion, or whatever the primary conversion event is. But this shouldn’t be the only focus, and you shouldn’t calculate the value of your paid search activity entirely by conversion rate or ROI. Here’s some other ways you may find value in paid search, and some ideas for calculating that value.
Usability & Conversion Improvement
What does paid search traffic have to do with usability? Look at it like this: paid search traffic is a random sampling of visitors that have strong purchase intent, or strong intent to learn about your offering. Those that don’t convert, as a group, provide insight into what is “not working” with your site. You should be able to ask and answer questions like these:
- Are these visitors bouncing at high rates? If so, you need to start testing out some different landing pages, or take a good look at your offering.
- If they aren’t bouncing, are you tracking specific events on your landing pages? Implement event tracking on any key potential actions on your page and see if visitors are engaging at all.
- Beyond the landing page, are they navigating to other pages or areas of your site? Why are they not finding what they came for on the landing page? What are the common paths their taking, and where are they exiting?
- Are they using your site search field, and if so, what keywords they searching for? Are they getting results? How do these terms and results relate to the original paid search keyword and landing page offering?
Answering these questions will initiate a process focused improving conversion. Use unconverted paid search visitors as a “focus group”, and look into your analytics data for their “responses” and “feedback”. You’ve paid for them to visit your site, get value out of their behavior and actions.
Email Sign-ups, Catalog Sign-ups, & Social Media Follows
Let’s suppose I’m shopping for vitamins. I’ve decided I need to start taking ginko biloba supplements again to combat the lack of sleep that seems to come with running an interactive marketing agency. Disclaimer: I have no idea if ginko would help with this, or of the actual health benefits of this product, it is just a good example. So, I normally buy my vitamins and supplements at VitaminShoppe.com or Trader Joe’s or some other grocery store. But I decide to price it out and buy it on the internet, so I search for “ginko biloba” on Google. I see a paid search ad for Vitamin World and I click through. After researching their products a bit, I decide I’m a little skittish about buying this new addition to my diet on the internet, so I’m just going to buy it at Trader Joe’s the next time I’m there. Failed PPC conversion for Vitamin World right? Maybe not, before I exit, I notice the two links highlighted in the image to the left: Email Specials and Request a FREE Catalog.
You know how the story ends: I sign up for a catalog, end up visiting a Vitamin World store in my local mall the next time I’m there, and become a lifetime customer worth hundreds and hundreds of dollars to the company. So, that’s best case scenario. But the gist of it is, Vitamin World is making an effort to keep the “conversation” going with me. While I’m not a big fan of the Email Specials link, I love the big call to action on the catalog request link. Beyond catalogs and email, you might also track if visitors are clicking through to your social media profiles. Track these actions specifically for y0ur paid search visitors and develop a value for them. This may be a more complicated equation if you have advanced analytics and direct marketing programs in place, where you can track multiple touch-points and segment customer types based on product categories; or something as simple as calculating the estimated value of an email recipient, then applying that to number of signup conversions you have in your PPC account. Now, obviously you can track these as conversions in your PPC account, but that can muddy up your PPC data. Using analytics to track the goal, and segmenting your PPC traffic out for analysis is usually a better option.
Keyword Testing & Strategy
I’ll tiptoe around this, because I’m definitely not the SEO specialist (or PPC for that matter) around here but the gist of thsi is that you can use your PPC account to test and refine your SEO strategy. If certain PPC keywords are limited in their conversions, but result in high-levels of engagement or some other key performance metric, you may decide to integrate them into your SEO strategy and target some pages for them. This is somewhat of an extension of the usability and conversion improvement section, but with an obvious focus on SEO and the value of certain keywords.
In conclusion, don’t write off your failed PPC conversions. You paid for those clicks – get some value out of them any way you can. This might mean putting in some sweat in the form of analysis, testing, or development, but those costs will likely be recouped over time, because you will never convert 100% of your search traffic.
