Ask HN: What agencies would you recommend to manage PPC and AdWords?
Our startup is looking for an agency to manage our PPC and AdWords strategy and execution. Have you worked with any agencies you'd recommend?
The entire agency model is geared towards brand advertisers who spend obscene amounts of money on "branding" without tracking performance or looking at results.
The problem here is a profound misalignment of incentives. An agency gets paid a percent of spend, so it's in their best interest to spend as much of your money as possible testing without thinking about conversions or results.
Also don't go for an agency that gets payed a percent of spend or per thousand clicks. You will usually get more conversions off an agency that charges a flat management fee per day.
Some more color into our situation:
- we've successfully put in place the core metrics for PPC and set up conversion tracking
- we're utilizing the Analytics API to track custom goals, in our case, things like email signups or purchases
- we've tested different landing pages, choosing one that had 300x better conversion rate but I feel there's still more room to improve
- we've run Facebook Ads, AdWords and Display on Google's Content Network and search has been the most effective at getting what we need (emails)
From my POV: I've done it myself and can continue to teach myself, but there are too many moving parts (from what I can see) for me to successfully lower our CPA and manage on a day to day basis while running the company effectively and efficiently
I agree with what others have said, and will throw a couple more assertions into the mix:
* Start by managing this yourself, or hire someone internally to do it. Agencies (and trada, unless you do cost-per-conversion) aren't necessarily incentivized to spend your money wisely.
* AdWords isn't a magic bullet, and depending on the vertical, can be absurdly competitive. Running Facebook ads, display ads for relevent publishers, and retargeting should be on your marketing radar as well.
* Don't "set and forget" your AdWords campaign. You won't get it right the first time. You'll be surprised by what text ads win and which ones lose. You'll need to "negatively target" certain words, and if you do display ads, really watch what placements work and what don't. None of this is possible without experimentation.
* Don't send all your traffic to your home page. Specific targeting for segments of your customer base will do much better than general messages that don't speak directly to anyone.
* Don't spend money on AdWords without knowing where your money is going. Set up conversion tracking.
<shameless plug> AdGrok's beta program is free right now (in exchange for feedback on what works for you, and what doesn't), so you can't beat the price. We'd be happy to help get you started! Just go to beta.adgrok.com say you're from HN. </shameless plug>
Can't vote this up enough. We had dramatic conversion success by creating specially targeted landing pages with a lead form embedded. Tying your keywords to specific, targeted content is essential to making the most of your campaign. The less a user has to hunt around to satisfy their search intent, the more easily you can make the most of their attention.
Just in the last month we've seen more than a handful of companies that have non-trivial spend and only send traffic to their home page.
"Best practices" just don't seem to be promulgated very well.
Looking forward to trying it out, as I've hit all the points in your comment. I'll see if this works for us.
Dave Collins is one of my Internet buddies, and he is about as savvy at AdWords as I am with SEO. People have offered me substantial amounts of money to do AdWords for them. I always turn it down and recommend they use him instead, as it would almost certainly be a better use of their money.
Google doesn't do a good job of nurturing since they tend to hire highly intelligent nontechnical people, train them all about Adwords, but then give them no real way to move up in the organization or challenge themselves.
We're in direct discussion every week with our dedicated account team at Google but it's very hands off.
If you are sneaky you can track the sources and adwords with a tracking software like google analytics to find out which keywords are working well and then start to bid yourself on those. (But that would drive away those affiliates doing the research for good keywords... but depending on the attractiveness of your affiliateprogram there might be others...)
Just getting started with them, but so far we've been really impressed.
New agency was better, but ultimately didn't offer enough improvement. So I started managing one segment of the business internally, proved to my company that it wasn't any Olympian task, and the whole thing came in house. As far as I know, four years later, they've grown the internal team and still do it in house.
THe SEM products give you a decent amount of sophistication for planning and controlling your campaign. Agency people may have an additional software layer to use on top of that but you can easily beat the results they offer just by giving a damn about your business. Your rep at an agency Will have many other clients to worry about and can't provide the same commitment as you or an employee.
You might even find this is doable on a part-time basis early on, once you have the campaign dialed in and need to focus on other things. However you sort it out, there are many better approaches than using an agency.
I do believe if you can bring it in house do it as there is extra benefit to the business from understanding what is driving ppc.
If you can't do it in house for financial or lack of time I recommend you go with an agency that examines both the adwords side and the post click side (site analytics). Also the agency must commit to understanding you business and model.
My shameless plug is we see our role as a partner we need to understand you business and information needs to flow between us and our clients to truly grow and optimize the business. One other option that we offer some clients is to train an internal person/team on PPC. This can save you lots of time, money and headaches early on if you go in house. If you want to chat more give me a ring Greg 773-517-8449 - www.digitalbaltoro.com - greg@digitalbaltoro.com
www.trada.com
The OP is asking for an agency and the top voted comment suggests that agencies aren't a good way to go because they're often paid a percentage of total spending. Trada is pay per performance and the OP won't need to hire someone (possibly why they are asking about agencies in the first place).
It seems like it would be worth their while to check them out and I thought I would let them know about it.
You'll save yourself a ton of cash on wasted clicks.
The right way is to do it yourself first. But make sure you have conversion tracking, so that you know the basic metrics. For instance, if you are doing PPC for sign-ups, how much are you paying per sign-up.
Then you try to improve it, by either cut Cost per acquisition (CPA), and/or increase your volume of acquisitions.
Increase volume of acquisition is always harder. Most people only know little bit of Search, but Content and Retarget works great too. A lot of product are so new that no body is searching for it, so there are challenges.
You should try this yourself until you hit your bottleneck, e.g. can't increase volume without a much bigger CPA, then you should try find a good agency that can bring your PPC to a whole new level. And it's better doing it now, because you already know your basic metrics, and it will be easy to judge is an agency is doing a good job or not.
Judging by the people who commented there, my feeling is that few of them really had the experience of spending serious PPC money PROFITABLY.
A good ppc program is a pure profit center.
Do it yourself just means that you as founder won't have time for other stuff. Do it in-house means you pay a salary of someone doing it. Agency's cost is most likely lower than a full-time employee, and a good agency knows PPC way more than an individual who had some years of experience.
p.s.
Another point, I happened to work with a lot of start-ups. People seem to assume that only big stupid companies spend serious money on line, small smart start-ups don't. But this is just wrong. Small smart start-ups are spending very aggressively online, because they know they are making profit, vs big stupid companies are often too timid to spend anything. So, a small start-up actually need more PPC expertise than the big companies.
I'm aware there is a plethora of PPC communities and blog posts, but if you are a smart geek who just wants to ramp up efficiently is there a book/ebook/concise set of posts that you(/others) would recommend that covers the basics and moves through to the tips, tricks, optimizations, etc stage?
Thanks
I just posted a longish reply to the root post with some general guidance, but I also just wrote http://adgrok.com/getting-started last week to help total newbies get going.
What we're hoping to build with AdGrok (and admittedly, we're not completely there yet) is a tool that lets you act like an "AdWords Certified Professional" without all the pain and suffering of studying for those tests.
I had a look at the Adgrok.com site - it's sadly not what I'm looking for as I don't think it fits with the situation I'm trying to fill.
My younger brother is a new recruit in the PPC team of a leading retailer - as he is learning on the job from his colleagues I'm trying to find ways he can learn all the basics and quickly move onto advanced ideas they may or may not be using. Sadly AdGrok presumably won't work as he is just an employee who doesn't have any say or ability to utilize adgrok's statistics collecting into his workflow as he doesn't have any admin capability within the company.
I was therefore looking for other resources - if you have ideas or suggestions I'd be grateful! Thanks.
I posted http://news.ycombinator.com/item?id=1854584 to the original Ask HN post -- he should read through those bullet points after he reads the first couple sections of that getting-started link I sent. PPC is all about targeting customer eyeballs, NOT targeting the "bouncers" or "trolls" that you won't ever be able to convert into a customer, and giving a message that is specific enough to someone's needs that it speaks to them.
Google has a certification process that has a horribly dry but thorough -- he should slog through that and get certified (it'd be good for his CV if he wants to do PPC at other companies, because many require it):
http://www.google.com/intl/en/adwords/professionals/individu...
Here's their "learning center":
http://adwords.google.com/support/aw/bin/static.py?hl=en&...
He should also try "AdWords for Dummies" (really!) and/or Brad Geddes' book: http://www.amazon.com/dp/0470500239
Good luck to your brother!
I couldn't find your email address in your profile. Mind connecting off HN? My email is HN handle at gmail dot com