paid search Archives - Tuff tuffgrowth.com your growth team for hire Tue, 09 Apr 2024 13:51:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://tuffgrowth.com/wp-content/uploads/2023/12/cropped-Tuff-Logo-32x32.png paid search Archives - Tuff 32 32 SEO & PPC Powerhouse: Capturing Demand at Every Stage of the Funnel https://tuffgrowth.com/how-to-combine-ppc-seo-to-dominate-serp/ Mon, 06 Mar 2023 14:51:53 +0000 https://tuffgrowth.com/?p=34355 Understanding the avenues users enter your site through is invaluable. Maybe social channels drive quality traffic to the site. For ...

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Understanding the avenues users enter your site through is invaluable. Maybe social channels drive quality traffic to the site. For well-known brands, direct traffic may be the main driver. A large percentage of most businesses however are fueled by search terms targeted via organic or paid channels. Both of these channels play an incredibly important role in attracting users, but not just any users – quality ones. 

High-intent audiences are more likely to take the actions you want them to take on your site. Both PPC and SEO offer ways to attract these ideal users.

But how do we bring these efforts together to formulate efficient, actionable insights? What things can a brand do to capture as much existing demand as possible? Are there ways for your business to create demand? Can we increase efficiencies and drive more conversions in tandem?

We set out to answer all of these questions to give a look into how our team and growth marketing agency thinks about Keyword Research through the lens of PPC Management and SEO. They can sometimes be seen as two different worlds, but when you combine forces, powerful things start to happen.  

Dominating All Stages of the Funnel with Paid Keyword Targeting

Let’s start by taking a look at Paid Keyword Research, the bulk of which relates to Google Ads specifically. Every partner is in a different stage of their business. Some are more established, looking to scale Paid Search efforts with new keyword targets. Some are brand new and are not even sure what kind of volume is available for a PPC channel. Many, though, are somewhere in between. At the crossroads of maximizing existing volume & creating new demand. 

Capture Existing Search Volume within Your Growth Strategy

What demand is already out there that you can capitalize on? Is Paid Search already running with any success, and if so, can you expand on the current high value keywords? Answering these questions is the first step in Tuff’s research, regardless of the industry. Although there are many tools available, we mainly use two for this step of research; Google Keyword Planner and SEMrush. Both of these give us a holistic view on volume as well as deeper looks into the industry at large. 

First let’s take a look at the current Google account, if there is one for our partner. We set out to identify what we call High Value Keywords that exist in the account already. These keywords, as the name suggests, are the targets that are working best for the partner. Maybe they have the most efficient CPA. Or an incredibly high Conversion Rate. No matter the KPI, the most important metric to look for in these High Value Keywords is Impression Share. If Impression Share is below 70-80%, there is room to scale immediately. This can be done by simply allocating additional budget, or focusing on making optimization changes that affect Quality Score. The goal is to maximize the success of these keywords. Find the top performers and become the industry leader for all users searching those out. Capture existing demand. 

After we see the areas of what is working already, we go to the true depths of Keyword Research, and this is where Keyword Planner comes in. Below is an example of how it works. We provide a few keywords relevant to the partner, in this example we provided a few phrases surrounding financial advice. The key is to start with high intent keywords. These give the best indication into how much demand is available at this very moment. Evaluating performance at this stage of the funnel is based on revenue and last click conversions. 

high value keywords

Google then spits out hundreds of keyword ideas that are related to what we are looking for. We can get a gauge on monthly volume immediately, as well as an idea of how competitive these keywords may be. Much of our time is spent in this stage. Sourcing the right keywords to start bidding on takes some time. Not every keyword available is going to be relevant. Again, our focus at this stage is to maximize the use of high intent keywords. This is where Paid Search excels the most.

The highlight of Google Keyword Planner is its forecasting ability. Once you choose the keywords that you would like to target, you have the ability to see a general forecast based on a certain daily budget. This helps paint a picture of the existing demand volume available, but more importantly, how much it may cost. Tuff uses a report like this as an immediate jumping off point with a partner. “If we spend x amount on these keywords, this is the performance we can expect.”

keyword trends

Perform Keyword Research for the Competitive Landscape

An invaluable part of the keyword research process, that has implications across all Paid and Owned Media, is Competitor Keyword Research. What are the top competitors in your industry spending money on? Where is their focus and how can you tailor your growth marketing strategy to capitalize on that? SEMrush is our go to for this lift.

We could write multiple posts about the capabilities of SEMrush, but for right now we are going to focus on the Advertising Research tab under Domain Analytics. Here we can input any URL to see information regarding spend on Paid Search platforms. We start with totals. The monthly estimate for spend, traffic from that spend, and then available volume associated with the keywords that are being targeted. 

semrush advertising research tab

Digging deeper, we can then export the full list of keywords that are being targeted. This is where the true value comes in. Not only are we able to see what the competition is bidding on, we can even take a look at the ad copy they are using. This data can be utilized across all growth marketing aspects. PPC, SEO, Social, CRO, and Creative. If you can better understand the competition, you can better understand how to beat them. 

For businesses that don’t exactly know who their competitors are, we can use SEMrush to find them. Below is a list of competitors we found for Amazon. This is a high level glimpse into the industry. All of this information surrounding competitors is taken into account when developing a Growth Strategy across all channels. 

paid keyword competitors

Create Demand With Brand Strategy and Broad Keyword Targeting 

The third and final pillar of Paid Keyword Research is demand creation. We have now maxed out the existing demand for high-intent terms, let’s expand. The main thing to keep in mind with this stage of strategy is that this is a long-term investment. Users are not going to convert immediately through keywords that fall into this Top of Funnel bucket. This would fall under Brand Awareness instead of Performance marketing. 

These are a few steps to how we go about a demand creation strategy for Paid and Organic keyword targets alike:

  1. Identify low intent and long tail keywords. Look for terms that are easy to rank for organically and terms that have low CPC’s on Paid channels. Some tactics you can utilize on Google Ads are Dynamic Search Ads and Broad Match Keywords. 
  2. Develop a content strategy focusing on these keyword targets. Content built around keywords that have low competition, but are still relevant, are an easy way to improve Organic performance. 
  3. Allocate a low percentage of overall Paid budget to targeting broad and long tail keywords. These are to improve Brand Awareness and are not to be evaluated on last click conversion metrics. Instead, impressions, CPCs, and volume is what to monitor. Tip: Set a Max CPC on Google Ads to better control costs. We aim to have CPCs around 10% of high-intent keywords. 

Tactics like this have long lasting effects across all channels. Performance and Brand tactics work hand in hand this way,  pushing users in the right direction. A full-funnel approach takes time, but the upsides are certainly worth the effort.  

A Full-Funnel Approach to SEO Keyword Research

Both paid and organic search aim to drive traffic and conversions using keywords. But the nature of the two channels influences the best way to capture demand. Organic search offers the ability to target users at multiple stages of the buyer journey with a mix of informative and commercial-focused content. 

Here’s how we approach SEO keyword research for a holistic strategy that supports PPC efforts. 

Examine Current Keyword Rankings

To lay the groundwork for a solid strategy, It’s important to understand where we’re starting from an organic search perspective. To do so, we’ll take a look at current keywords rankings to:

  • Learn what keywords are driving traffic to the site 
  • Find keywords that are being incorrectly targeted (misaligned search intent)
  • Uncover low-hanging fruit keywords on pages 2 and 3 

Often, a brand has some visibility for keywords around a core service but is not maximizing traffic and conversion potential. Common mistakes include not covering the topic in-depth, creating content that does not align with searcher intent, and creating pages that don’t target specific, high-value keywords. 

At this stage, we can pull a list of top-performing non-branded keywords to identify areas to capitalize on in our strategy. For example, say a financial advisory company is ranking well for the term wealth management on a service page. 

A top spot on page one is great. But if the brand is not targeting terms higher up in the funnel, they are missing out on the higher traffic volume and increased brand awareness that comes with speaking to people earlier on in the journey. Using the questions filter in a keyword research tool, we can filter to find common queries around wealth management. 

keyword magic tool

Questions around what wealth management is and what a wealth manager does would make for informative top of funnel content in our organic strategy. These keywords don’t have immediate commercial intent so we won’t dedicate a large amount of the PPC budget towards them. 

While paid is great for hyper-targeting ready-to-buy users, organic offers the perfect opportunity to target those earlier in the journey, getting your brand in front of users early on so they are familiar with it when they reach the decision phase. This way, you don’t spend a large portion of the PPC budget on terms that are not immediately profitable.

Conduct Competitor Analysis

No SEO strategy is complete without competitor analysis. Here, we’ll take a look at what pages and keywords are performing well for competitors. 

The goal of a holistic SEO strategy is to drive relevant, high-value traffic to a site. So we need to look at multiple metrics to determine which competitor keywords are worth going after. These include search volume, difficulty, top 10 ranking pages for the term, and user intent. 

There are multiple components to this portion of SEO keyword research One helpful step is to perform a keyword gap analysis. This essentially uncovers relevant keywords that: 

1. Your competitors are ranking for and you are not

or

2. Your competitors are outranking you for 

In our financial company example, the firm has no rankings for “term deposit calculator” which generates almost 2000 searches a month while the competitor firm is in position 1.  

keyword detail

In instances like this, creating new content to fill in this gap is the way to go. Yes, new content will take a while to rank organically. But the upfront effort results in ranking for a keyword that is proven to drive relevant traffic to businesses like yours. This approach allows you to siphon off traffic from competitors. 

In other cases, competitors are outranking a company  for high-value keywords. Take for example, the keyword “smsf administration”. The brand is in position 7 on the SERP spot while its competitor is in position 1, meaning it’s garnering the lion’s share of clicks and impressions. Since this topic is core to the services offered, it makes sense to target it in an organic strategy. 

keyword details

In this instance, the best strategy is to optimize existing content to better match search intent and compete with top-ranking pages. Fortunately, content optimizations typically see faster movement in rankings than new content. 

This step also offers a chance to collaborate with the PPC team. Say, for example, that the PPC team has been A/B testing ad copy and CTAs for the service that the SEO team is updating a page around. Use this data when creating content on the new page. Leveraging test result data  creates cohesive messaging for a better user experience across multiple touch points.

Target Keywords at Multiple Stages of the Buyer Journey

A well-rounded organic strategy should include a mix of informational keywords and high-intent ones to satisfy queries at multiple stages of the buyer journey. 

Using Organic Search to Build Awareness

What are people searching really early on in the journey? While these users won’t convert on the spot, the search is related to the offering so getting in front of them before they are in the decision mindset is beneficial. Generating awareness with those who are high in the funnel is a smart long-term play. This portion of the strategy focuses on driving traffic and building brand authority rather than generating conversions. 

Armed with questions from competitor research, internal customer information, and our keyword research tools, we can map the questions we find to different stages of the user journey.

The PPC Play: Since these keywords won’t lead to immediate conversions, it doesn’t make sense to spend a lot of paid budget on them. But, building brand awareness is still important. Delegate a small portion of your budget to this and mark it as a visibility play. Evaluate success based on Impressions, CPCs, and traffic to your site. 

Using Organic Search to Drive Conversions

A strong organic strategy involves targeting keywords with high purchase intent. These “money keywords” are highly relevant to your offerings and are regularly searched by your target audience. Unsurprisingly, these keywords are typically quite difficult to rank for organically. In our financial advisory firm example, these keywords include: 

  • Wealth management services
  • Financial advice in [city]
  • Portfolio specialist

Now, difficult does not mean impossible. By laying the groundwork with content targeting topics higher in the funnel, your site gains authority and increases its chances of ranking for these high-intent keywords. But depending on your domain authority, ranking for high-competition keywords can be an uphill battle. 

This stage is another great opportunity for SEO and PPC to work in lockstep. Look at top converting terms for paid campaigns and aim to rank in the top 3 spots for these organically. Because these terms are difficult, whittle it down to a list of 10 or so high-value keywords to focus these efforts on. 

The PPC Play: Use data from campaigns to identify top converting keywords. Allocate spend to these terms, working in tandem with organic to ensure related content features aligned messaging for a seamless user experience. With both SEO and PPC efforts focused on these high-intent terms, you can maximize brand presence on the SERP. 

Combining SEO and PPC to Create a Synergistic Strategy

Now that we’ve covered the keyword research phase, let’s look at how we combine paid and organic efforts. Cross Team Functionality is the goal for Keyword Research and it is important to continue evaluating progress and performance after the initial stages. 

Here are a few specific areas where Tuff uses all the information above to get the most out of our Growth Marketing Strategy.

1. Use Data from Both Channels to Inform Strategy 

Good news. Utilizing paid and organic search in your marketing mix means you’ll have double the data to pull insights from.

On the organic side, top-performing pages can provide insights into the terms and pain points that most resonate with users. A high organic ranking signals that content is matching search intent and delivering value. Keywords with high organic performance should be added to paid campaigns and tested to see which lead to the highest conversions. This way, we double down on what’s working. 

This principle works in reverse as well. On the paid side, looking at Search Term reports in Google Ads is one way to zoom in on what terms are converting well. Once we’ve uncovered key terms that are driving revenue, we can prioritize these in our organic strategy. This may include optimizing existing content to include the terms or creating new content around these terms that align with search intent.

By cross-analyzing data and using this to inform keyword strategies, a brand can cover the SERP for terms that matter most to its bottom line. 

2. Leverage PPC & SEO to Dominate the SERP

Another reason SEO and PPC are better together? They allow a brand to maximize visibility in search results. 

Paid ads will always be placed above organic results, making them the first thing users see. So investing in paid can secure your brand a spot of prime real estate on the SERP. However, organic content brings an element of authority as users tend to trust organic over paid ads. To get the best results for important keywords, combine both strategies so you’re top of mind for searchers. 

3. Target Expensive Terms with SEO 

Certain keywords come with high CPCs that get more expensive over time. In these situations, it’s helpful to target these terms organically as part of an SEO content strategy. Targeting these high-value keywords in your organic search strategy is a smart long-term play. The time it takes to rank will depend on factors including your site’s domain authority and the top 10 ranking pages. 

4. Boost Organic Efforts with PPC Retargeting 

Many users will find your brand through organic search, but what happens when they leave without taking action? Paid offers the chance to retarget specific users so that organic efforts are bolstered. Because these users have demonstrated an initial interest in the brand, they are farther in the pipeline, making them a better bet for PPC spend. 

SEO & PPC: A Match Made in Marketing Heaven

Sherlock and Watson. Movies and popcorn. Some things just work better together. When it comes to maximizing your marketing ROI, combining PPC and SEO are a dynamic duo on that list. These marketing channels complement one another beautifully when looking at any stage of the marketing funnel. With more powerful insights into user behavior, you can drive conversions and increase efficiency. 

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How We Decreased Pathstream’s CAC by 59% YoY https://tuffgrowth.com/how-we-decreased-pathstreams-cac-by-59-yoy/ Mon, 08 Aug 2022 13:30:34 +0000 https://tuffgrowth.com/?p=32347 When we first started working with Pathstream – a Series A startup that offers online certification programs that help people ...

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When we first started working with Pathstream – a Series A startup that offers online certification programs that help people level up their careers, they were spending nearly $1m each quarter in ad spend to hit their lead volume goals, but with a ROAS right around 1.10. They were hitting their application targets, but they were breaking even doing it. 

By restructuring ad accounts, testing creative, audience targeting, and different conversion events, we were able to help decrease Pathstream’s CAC by 59%, leading to their most efficient quarter ever and hitting their ideal LTV to CAC ratio for the first time. 

For 80% of our partners, we take a blended approach to reducing CAC – we focus on decreasing costs on ad channels to send more traffic to the site with the same amount of money, and we create a CRO strategy to improve website conversion rates. 

The exception? When development capabilities are limited or a partner has a custom CMS. That was the case for Pathstream. We weren’t able to implement robust CRO tests in order to improve CAC – we had to get creative when it came to optimizing Facebook and paid search campaigns on Google to hit those CAC targets.

Facebook

When we first partnered with Pathstream, a majority of their ad spend was dedicated to Facebook ads, but the cost per lead, cost per application and cost per enrollment were extremely high and they knew they needed to drive these costs down in order to keep investing a large majority of their paid spend into Facebook. 

With this goal in mind, our social ads team immediately started diving into the Pathstream ad accounts and analyzing the existing data to identify opportunities or “quick wins” as we call them, while also simultaneously working on a longer term strategy for driving down Facebook costs. 

Here’s a sneak peak of how we drove down their Facebook CPL by 63% year over year. 

Testing new audiences 

We tested a handful of new audiences over the past year for Pathstream from job titles, to interests, demographics and lookalikes. We found that our most successful audiences were based on interests for specific Pathstream programs (Asana, Salesforce, Digital Marketing, Data Analytics) and a lookalike of 5% based off of previous Pathstream students who have enrolled in one of their certification programs. 

Since some of the program interests we were targeting could possibly have overlap (Example: Digital Marketing and Data Analytics), we used the audience overlap tool to ensure that the overlap wasn’t greater than 40% so that our program specific audiences wouldn’t be bidding against each other.

testing audiences on Facebook

After we discovered that these were our top performing audiences, we tested a combination audience that targeted both the interest audience and the lookalike in one ad set. This ultimately did not perform as well as the two audiences segmented out into their own ad set. Based on this learning, we segmented each audience back into its own ad set and set the budget at the campaign level which allowed Facebook to allocate the daily budget to the audience with the lower cost. 

Optimizing for Higher Funnel Conversion Events

When we first launched campaigns, we were extremely focused on driving down the cost per enrollment, so all of our campaigns were optimized toward the “purchase” conversion event. We soon realized that most Pathstream students don’t immediately enroll in a program when they first find out about Pathstream. In fact, it could take weeks or even a month for someone to enroll in a Pathstream program after first expressing interest. 

This led us to switch up our optimization strategy and test out a higher funnel conversion event (submit application), which fires once someone enters their information, becomes a lead and also completes a quick application. 

By switching to a higher funnel conversion event, we were not only able to increase the total number of applicants, but we were able to drive down the cost per impression, cost per click, cost per lead and cost per enrollment by bidding on a higher funnel action –– which is less expensive and in return gives the Facebook algorithm more data to target users likely to submit an application. 

Developing new conversion-driven creative

A large part of our Facebook strategy we put together in our initial research for Pathstream included new create asset ideas based on a creative analysis we pulled together with what’s working well and what’s not resonating as well with the Pathsream audience. 

💡We create data-driven ad creative at Tuff, and have an entire blog post about how we approach that for our partners. Check it out here!

We wanted to test a mix of image and video assets that showcased Pathstream’s value props in an engaging way that would get our audience to click on the ad. We tested a combination of school-branded assets and pathstream branded assets and found that all of the assets that mentioned “100% online” and “get a project management/digital marketing/salesforce certificate” in 6 months were our top performing static ads. 

We also tested UGC style videos (like this one) and saw a 56% increase in CTR and decreased the cost per lead by 37% once we rotated those into our campaigns. 

testing creative on Facebook

Paid Search

With an ad account this large, we ended up restructuring campaigns twice since we started partnering with Pathstream.

Phase 1 Account Restructure

Initially, Pathstream had over 30 different Google Ad accounts they were running campaigns from. Pathstream partners with different universities to offer their certification programs covering curriculum on Facebook Digital Marketing, Salesforce, Tableau Data Analytics, and Asana Project Management. They had a separate ad account for almost every university + certification program combination. 

Our first step was combining the campaigns across 30 ad accounts into one to increase the amount of lead data in one ad account to make the Google algorithm work smarter for us.

Even though we culled down campaign structure significantly in phase 1 of our account restructure, we still had over 40 different search campaigns, each with minor differences. 

There’s nothing inherently wrong with this approach. Many partners have similar account structures and are certainly successful, and Pathstream was finding success early on with this approach as well. With the goal of getting CAC even lower though, we set out to restructure things again after a few months. 

Phase 2 Account Restructure

At this point, we were utilizing many automated, conversion focused aspects of Google Ads. Max Conversions bidding strategy, Data Driven Attribution, Dynamic Search Ads. With these campaign features, Google works best when there is an abundance of data, specifically conversion data flowing into each campaign. 

If campaigns are too spread out, only receiving a few conversions per month, you may be underutilizing the true power of automation. This was partially the case for Pathstream.

By condensing campaigns from 40+ to 15, we allowed more conversion data to feed into fewer campaigns, in turn making our ads more efficient. We did not limit targeting. This was not designed to decrease our volume or impression share at all. We were not looking to lighten our workload either. Instead, limiting the number of campaigns gave Google more conversion signals, gave Tuff more opportunity to experiment and learn quickly,  and also allowed for better informed expansion across channels in the future.

For starters we left our highest performing campaigns alone. The ones bringing in the most conversion volume and most search volume remained mainly untouched. The big changes were with the campaigns that had the least amount of monthly search volume. Many of them we grouped together into a catch all campaign. What was 10 separate campaigns all converting only a few times a month became one larger structure that converted much more often as a whole. 

Only 3 weeks after our account restructure we saw these results:

  • Conversion Rate increased 26%
  • Cost Per Lead decreased 38%
  • CPC dropped 21%
  • CTR increased 8%

This was only the beginning. Performance continues to improve week over week while we gather more data in a much less congested structure. From here, we can start to expand our reach by efficiently pivoting what is working best for us in the short term and beyond. 

Have a complicated Google ad account structure you could use a second set of eyes on? Or need help reducing your costs on Facebook? We’d love to help!

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