Part 1 of a 3-part article on lead generation and how to buy traffic.
We discuss 3 ways of driving traffic directly to our site, and
present our findings here. This first part talks about paid inclusion
in newsletters, and ads / banners on tech & marketing sites.
The 3 parts are as follows:
- buying targeted leads - placement in newsletters aka 'paid
inclusion'
- PPC ad campaigns - adwords / google, the
clearest source of targeted traffic
- buying clicks
- for example buying 50,000 visitors
The secret appears to be that there is no easy way to buy traffic.
There are a lot of sites and products claiming to bring you traffic,
but in reality, it is difficult to arrange for people come to your
website, click around, and buy something. We tried 3 techniques
and share our findings with you here.
We are of the opinion that 1) PPC campaigns are a definite must 2) paid inclusion in newsletters, ads and banners, can be
successful if well-placed and well-designed, & that 3) bulk
targeted traffic is a scam.
Note: industry information on lead generation is somewhat guarded. Lead generation and the purchase of traffic is a complicated business, with networks and affiliate groups. There is not much info on this subject to be easily found on the internet. We present this account with a pinch of salt. We would be very interested to read about your experiences.
Part 1 Buying paid inclusion in newsletters
The Plan
We purchased advertisement inclusion in two well-known opt-in
/ subscription newsletters. Both inserts were in the price
range of $750 - $1000.
For both campaigns we provided a banner ad with text for inclusion
in a newsletter published on the internet and sent out to various
email lists, made up of 25,000 to 500,000 opt-in subscribers.
We were told to expect anywhere from 300 to 3000 click-throughs.
From that number, 10% of the visitors might take out a free Opentracker
trial, and of those trials in turn, a percentage of people would
purchase website statistics subscriptions.
We created separate landing pages for each mailing, so that we
can very clearly see, by url, how many people landed on each page.
The Results
In both cases the numbers were lower than expected.
For the first mailing, we received 10% of the visitors we had
been told to expect, but the visitors showed a high level of interest,
based on pageviews.
For the second mailing we received the amount traffic we had been
told to expect but less than 10% of the visitors created trial
accounts. The average number of clicks was much lower, indicating
that this group was clearly less interested than the first mailing
group.
Analyzing Results
Here are three sample variables we use to measure success in
this situation:
- acquisition cost-per-visitor
- the average number of pageviews
that each visitor generated, as a measurement of how well-targeted
the traffic is
- the percentage of visitors who follow the primary
call of action and "do what we want them to do" - in other words
sign up for a free trial
Evaulating Variables:
- the acquisition cost-per-visitor was substantially higher
than we had expected, i.e. whereas we may pay $0.50 or $1.00
per visitor on Google or Overture, we were paying up to $4.00
per lead in this lead generation campaign. A lead is a lead,
however, and if they are well-targeted, they are worth the
investment. Which brings us to
- the number of pages the visitors
view. This is important. There was a large difference in the
quality of the traffic. For the first mailing, the average
visitor viewed 7.5 pages, and hence was likely to create a trial
account. The group that received the second mailing averaged
2.5 pageviews each. The lesson is to stress the
importance of well-targeted traffic. The question remains; 'why
would one group of visitors look at more pages than another'?
- the percentage
of visitors who follow the primary call to action and "do what
we want them to do" - in other words sign up for a free trial,
was larger for the first group than for the second. This can
easily be explained by looking at the average number of pages viewed
per person. The finding is that the lower the average number of
pages viewed, the less likelihood of conversion.
Landing Page
If your campaign spans several days, try to experiment by changing
the landing page, and measuring the results that different
versions deliver. On the right, please see the places that people clicked, in order of popularity.
At one point we noticed that the average pageviews were disappointlingly
low, meaning that nobody was reaching our target page (the sign-up
page). We changed the landing page and directed the visitors
directly to the 'create a free trial' page. This led to an
even further drop in the average number of pages viewed.
People did not respond well to being landed directly on a sign-up
page.
There is a lot of literature on this subject on the internet.
The challenge is to offer a well-built page which is to the point,
invites exploration, and leads visitors to complete a desired
action. In this case a text-link produced the best results (see diagram).
text links were most effective at driving traffic
See the diagram above (click to enlarge). The diagram tells you what percentage of visitors clicked on each image or link on the page. The text links towards the bottom of the pages attracted the most visitors.
Conclusion: Paid Inclusion
You do not know what the quality of the traffic that you will
receive is going to be. There is no way to guarantee that your
visitors will take any action, which tells you that you need
to both a) have well-targeted traffic, and b) make your site
a great place to visit.
Nobody can "force" people to come to your website, look around,
and make purchases. Of course, some people are paid to surf to
your site, a sneaky tactic which is covered later in part 3.
What to Bring - Budgeting
In our experience, you need a budget of several thousand dollars
to test the waters; a regular budget of somewhere between $500
and $1500 per month, or every other month. You should budget
a larger percentage to continue purchasing sources of traffic
that work for your site. Also budget a small percentage of
your marketing wallet for experiments, to find new sources, and
tap into new marketing channels.
next: Part 2 - PPC pay-per-click campaigns
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