How to Reduce Cost-Per-Click (CPC) Without Losing Conversions
Cost-Per-Click (CPC) is a metric used in Pay-Per-Click (PPC) advertising. It measures how much you pay for each click on your adverts. When you have a low CPC, it means you are spending less money when someone clicks your adverts, which means a higher profit when they make a purchase. At the same time, it boosts visibility, helping you reach your audience effectively.
Google handles just shy of nine billion searches daily, which means when you advertise on this marketing channel, you reach a massive audience. The downside is if you are in a very competitive industry, the costs associated with PPC can be increased, which means you have a higher cost-per-click.
In order to lower your cost-per-click, you will need to:
How can you start focusing on lowering your CPC, if you don't know what a good CPC is? The average cost-per-click on Google Ads is between $2 and $5. There are a number of factors that determine the cost, including:
The tips the Genie Crawl team recommend to reduce your cost-per-click without compromising on conversions, includes:
It's not uncommon for irrelevant searches to trigger your paid adverts. This means that users with no intention of buying your products can click on your advert. As you can imagine, this increases your costs.
Negative keywords are an effective way to reduce the risk of non-targeted users clicking on your advert. When conducting your keyword research, consider the words and phrases you want to avoid. Negative keywords can be added to your advert group or campaign.
Automated bidding may seem helpful, but it can have a negative impact on your cost-per-click, due to you having less control. Manual bidding, on the other hand, gives you more control over your budget.
Google Ads will use factors that determines where to position your advert. The first factor is your maximum bid, which is the highest amount you are willing to pay per click. The second is your quality score.
Your quality score is an assessment by Google on your advert quality and landing page relevance. The quality score ranges from one to ten. The higher your quality score, means Google identifies your keywords as relevant, which can decrease your CPC. When your quality score is a full 10, you can pay up to fifty percent less than if your quality score was five.
Reviewing your match types is an effective way to reduce your cost-per-click, paying attention to keyword match types. Keyword match types include:
If you are trying to lower your cost-per-click, then consider only focusing on adverts that achieve results. Monitoring your adverts to identify those that achieve the best results. Focus on investing your budget in these high-performing ads.
With the right strategic approach you can reduce your cost-per-click (CPC) without losing conversions. Focus on these five elements to reduce your cost-per-click, increasing your return on investment (ROI). If you need assistance with your PPC advertising or reducing your CPC, get in touch with our team at Genie Crawl today.
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