digital marketing

Digital Marketing for Businesses: How It Increases Return-on-Ad-Spend

Digital Marketing for Businesses: How It Increases Return-on-Ad-Spend

Written by Les Seow May 2023

While there are almost 2 billion websites on the internet, less than 200 million of them are active. If you want to have any chance against this competition, you’ll have to think about your digital marketing strategy. To enhance your business’s digital marketing, incorporating online Ads (i.e., Google Ads or Facebook Ads) is one of the most effective strategies.

You can make this easier by increasing your return-on-Ad spend.  But how can you do this? What steps can you take to boost your profits after running Ads?

return of ad spend formula

Continue reading and discover ways to enhance your Google Ads and Facebook Ads, along with your lead generation efforts.

Reduce the Cost of your Ads

Ad pricing can vary depending on the type of Ad you’re paying for. Some might cost a few cents every time the Ad shows up or gets clicked on. More advanced Ads may cost several dollars or more.

If you’re trying to run a digital marketing campaign, you don’t want to drain your wallet into Ads. It’s crucial to ensure that your advertisements generate a favorable return. Otherwise, they’ll act as a black hole for your finances.

This is why you need to keep track of your digital marketing spend. It’s important to carefully monitor the amount of money being spent on Ads. You can then use that number to determine your measure of success.

 

Key metrics in measuring digital ad spend infographic

 

If you spend a lot of money on Ads and get very little in return, this is a problem. The issue might be related to the type of Ads you are utilizing. Or it’s possible that there’s an issue with your digital marketing campaign.

How It Works

Identify the underlying issue and determine why your Ads are not performing as expected. Once you do that, you can choose better Ads. To optimize your budget, it’s recommended to reduce spending on advertisements.

Spending less is always ideal. This is because there is a better chance that you will generate a better return compared to what you spent on your Ads. This is the goal when paying for Ads.

Once you get a larger return, you can use that money to invest back in more Ad spend. By keeping this cycle going, you’ll be able to rapidly enhance your business. Browse around until you find Ads that fit your budget and are efficient at the same time.

Improve the Conversions Your Ads Generate

Ads are all about conversions. The meaning of “conversion” varies depending on the type of Ad you’re running. An Ad conversion might be something as simple as someone clicking on the Ad and going to your website.

 

4 common types of conversions in digital marketing

 

A conversion might include someone interacting with the Ad in another way. When someone clicks on your Ad and lands on your website, it’s always a positive outcome. You want as many of these conversions as possible.

This is because these conversions will bring more business to your site. When people arrive at your site, there is a chance that they will like what they see. They may browse your products or services and decide that they are in the market for those things.

Once they buy something from you, this is the start of something very significant.

Attracting More Customers

If one person is interested in your products, there is a good chance that many other people will be too. This will lead to a steady stream of income from new customers.

Some of them may become repeat customers and give you even more business. This could make your business a serious success. It all begins with a few straightforward Ad conversions.

To improve your return-on-Ad spend, focus on enhancing your conversions. Enhancing the appeal of your advertisements can help accomplish this. The more eye-catching your Ads appear, the more appealing they will be to potential customers.

5 hacks to enhance the appeal of your Digital Ads to Prospects

But if your Ads are bland and uninformative, you might have a hard time making conversions. It’s possible that you may need to experiment with different approaches before finding the ideal formula for your advertisements. You can then narrow down your options and see which Ads work best.

This should help you improve your conversions and your return-on-Ad spend.

Take a Closer Look at the Data

The data that your Ads generate can be very helpful for improving your return-on-Ad spend. Consider how this data changes over time. How many impressions do your Ads get?

How many conversions do they get? Do certain types of Ads do better than others? Suppose your Google Ads do much better than your Facebook Ads. It would make sense to stop advertising on Facebook and put more of your energy into Google Ads.

This would allow you to focus your funds and energy in one place. By doing this, you can increase the potential success of your Ads. This is an easy way to make more money with your Ads.

This allows you to easily break even on what you paid for the Ads with what you earned. You can then put the extra money back into more Ads and expand your success.

How to Improve Your Return-on-Ad Spend

If you improve your return-on-Ad spend, it will make it much easier and affordable for you to keep advertising. Start by investing in more affordable Ads and examining Ad data.

Improve the conversions your Ads generate as well. All this will attract more high quality traffic, more sales and more money. Are you prepared to begin your digital marketing journey for your business?

Discover how our profitable Google and Facebook Ads services can take your business to the next level. Book a free 30 min discovery session now.

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Organic or Paid search marketing: Which is better?

Organic or Paid search marketing: Which is better?

UPdated By Les. Jan 2022

The short answer is that we really need both organic and paid search marketing.

Why?

Both have to be part of an overall digital marketing strategy for any business.

Organic search marketing is a strategy that relies on the natural action of Google’s search engine algorithm to push your content up higher in its SERP or Search Engine Results Pages. With organic search marketing, the website is not spending any money on advertising, and all of its traffic comes from the search engines. As a result, organic search marketing has low cost of entry.

When it comes to organic traffic, Search Engine Optimisation (SEO) does help to bring traffic to a website to an extent but we are at the mercy of the search engines. Traffic can be very inconsistent and engines like Google Search are always implementing regular changes. These changes are always impacting search results. Google never outlines in detail what is being changed in the search engine and we only find out when traffic patterns change.

With paid search marketing, the advertiser pays a fee to the search engine to be included in its paid advertisements. The paid search marketing strategy relies on paying for ad space on Google’s SERP or Search Engine Results Pages. Paid search traffic (e.g. Google Ads) boosts website awareness and visibility. While this paid search technique may seem more expensive upfront, it can provide more immediate results.

If one uses Google Ads effectively with relevant Ad copy and campaign targeting, paid listings can achieve positioning at the top of the other paid advertisers and on top of of organic search results. Being listed first offers great advantage over competitors and will definitely boost traffic.

Feel free to read our blog “What are the Digital Marketing Strategy Components?” to learn more about digital marketing.

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What are the Digital Marketing Strategy Components?

What are the Digital Marketing Strategy Components?

Home » digital marketing

Updated By Les. Jan 2022

Our previous blog gave an insight into why a business needs a digital marketing strategy. In today’s blog, we briefly examine the components of a typical digital marketing strategy. How do we know? Well, like any business, Valles Digital Marketing had to develop our own digital marketing strategy to promote our brand, capability and services.

Prior to developing any digital marketing strategy, it is important for any business to understand the path being undertaken:

Define Goals and Objectives

Define what your strategy goals and objectives are. The strategy should outline the what, when and how. The outputs will help shape your business’s digital marketing activities.

Target Market Analysis

Spend time analysing your external environment. Look at what your competitors are doing in the digital space. What channels are they using and how are they getting their messages out to their customers? How do they generate and maintain brand recognition and loyalty? How are they selling their products? Also examine your target market. Who are your target customers and what are they looking to buy?

Value Add

Once you have an idea of what the target market wants or needs are, think about how your business can add value to that market. Do you need to differentiate from your competitors? How would you differentiate?

Budget

Define a digital marketing budget. This not only defines a marketing spend limit but also allows a business to analyse return on investment on digital marketing activities.

Ownership

Assign a project sponsor within the business to own the effort. This ensures accountability and ownership of the entire digital marketing effort including reporting to senior management.

With the objectives and direction defined, the next step is to decide on the strategy implementation components. These should include the use of the one or more of these digital platforms:

1. Create a website that reflects your brand and that contains relevant content. Relevant content refers to images, video, sound or text that is relevant to your business and prospects. It is important to apply SEO (Search Engine Optimisation) principles during website development. This ensures that when the website is submitted to the Google Search Engine, it is optimised for organic searches. Organic search results are SERP (Search Engine Result Page) listings generated using Google Search when someone searches for a term, keyword or phrase. The key is to include relevant keywords, terms or phrases in your website content that may match searches so that your website will be part of that listing. SEO is part science and art. If you are interested in more detailed SEO, feel free to read this article.

2. Facebook is by far the most used social media platform. There are no costs associated with it. By creating Facebook Pages for our business, we have a great opportunity to engage and communicate with our clients and prospects to build a following. With some planning in developing an editorial calendar and creating relevant content, we can use this platform to share our knowledge, expertise, offers and achievements, and engage with our followers all in text, image or video posts. External links can also be included in posts. We can also run paid Facebook Ads to further promote our brand. The key point about Facebook Ads is that everything can be controlled and targeted including content, interest, spend, duration, demographics, location and audiences.

3. Like Facebook, Instagram is another great free social media platform that is entirely visual oriented. It allows users to share only images and video to their audiences. Instagram is a great tool to showcase new products. A lot of businesses use Instagram influencers to help endorse their products. Like Facebook, Instagram requires the need to build followers. Facebook owns Instagram and both platforms are linked. The same Facebook Ads can also be replicated in Instagram.

4. Twitter is another free social media platform that only allows a maximum of 140 character postings also known as tweets. Like Facebook and Instagram, we have to build a following and tweets are seen by followers only. Within each tweet, we can embed videos or other website and article links. It is a great tool to promote blog stories, articles and news stories.

5. Pinterest is another social media platform that is focussed on enabling people to explore ideas and inspiration from their hobbies and interests. It is free to join. The platform can be used for any subject matter and external links can be embedded in each Pinterest post. From a business perspective, it is another repository that can be used to find products or information that people are looking to acquire.

6. Linkedin is very much a free business-networking/sharing platform. It allows career and business professionals to connect, seek support and resources and potentially build relationships with clients, customers and suppliers. The platform also allows posting of text, image and video with external links. As it has a business focus, recruiters use it to headhunt, companies can post job listings, professionals can obtain endorsements, join groups of like minded professional groups and share business or company news. Linkedin also offers paid ads.

7. Google My Business is a free tool offered by Google to businesses and organisations that are interested in managing their organic online presence on Google Search and Maps. The platform allows businesses to describe who they are and what they do by including service offerings, address, operating hours, post images, offers, events and obtain reviews. Given it is a Google offering, any listing engagements must be done via a gmail account. Google My Business is a great tool for prospective customers to find location based service or product solutions.

8. Google Ads or Microsoft Advertising. These are the most common digital paid advertising platforms. Google Ads are digital Ads that appear at the top and bottom of Google’s organic SERP listings, in Youtube videos and in many other websites that Google have partnerships with. There are 4 main types of Ads offered by Google Ads: text, display, video and shopping. For simplicity, these paid Ads are based on a complicated machine-learning auction system that matches search keywords to paid Ads. Google Ads allows granular Ad targeting based on location, duration, demographics, keywords, audiences, devices and budget. Microsoft Advertising is Microsoft’s equivalent of Google Ads. Both operate on separate networks and are slightly different although similar in concepts. Given most people search using Google, Google Ads is the more popular platform than Microsoft Advertising. Paid digital Ads are a great way to advertise your business and increase brand awareness without having to rely on organic search results.

9. Youtube is Google‘s platform for sharing videos. There are all sorts of videos on Youtube ranging from music videos, movies, courses, recipes and much more. Audiences can subscribe to Youtube channels. Google Ads can appear on Youtube. Youtube is a great tool to showcase products or expertise through carefully curated videos.

10. Email marketing is an activity of sending relevant emails to customers as a way to maintain engagement with them on an ongoing basis. Email marketing uses a company’s CRM or some other contact database. This activity can be done using any email system (e.g. Outlook etc.) however it is best to use a dedicated email marketing system such as Mailchimp that offers email design and automation. With careful planning, email marketing can be a very powerful tool to maintain brand awareness including showcase new products or services, offers, company updates, achievements and demonstrate knowledge/expertise.

11. Blogs are typically informational in nature and normally presented as a webpage consisting of written material like a journal. People use blogs as a way to document some knowledge that they are passionate about for wider sharing on the internet. Blogs can be written by anyone.

12. Affiliate advertising is a form of advertising that uses sponsored links that are placed on high traffic websites. Owners of these high traffic websites earn a small commission when someone visiting their website clicks a sponsored link. Many companies are willing to incur a small commission payout to website owners to offer a sponsored link. It is great way to generate brand awareness.

The most important requirement is to evaluate all these platforms carefully and decide which of these products best fit your digital marketing strategy. At a minimum, a company must have a website. All the other platforms listed above assume that a website already exist. Select the right platform that best meets your strategy requirements. Note that each platform requires initial and ongoing resource commitments. As a result, it is important to spend the necessary time required to evaluate each platform. Select a platform or a combination of platforms that will best generate brand awareness, showcase product or service, demonstrate expertise and engage with prospective and current customers.

The end outcomes of the digital marketing effort are:

1. Brand interaction with followers ( call to action)
2. Grow audience and followers
3. Customer loyalty and advocacy
4. Promote services, products and capability
5. Increase sales and improve revenue

Finally, it is important to continually monitor the performance of the implementation activities and fine tune as required to achieve desired targets.

Talk to us about how we can expand your business’s digital marketing footprint to improve your brand, service and product awareness, deliver qualified web traffic and boost cost effective leads. Get in touch with us today. Send us a message using our form below and we will be in touch as soon as possible.

For the visually impaired, here is an audio version of this blog.

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Digital Advertising Strategy Or Not?

Digital Advertising Strategy Or Not?

Home » digital marketing

Updated By Les. Jan 2022

Does your business need a digital advertising strategy or not?

If you think not, then you’re in trouble. Your business needs a digital advertising strategy now more than ever as all our customers own mobile devices and they all consume information on the go. Traditional print advertising is slowly on the way out. It is all about adapting to a changing market. Refer to the chart below (source – Visual Capitalist):

Chart of the death of traditional media in digital marketing

Without such a strategy in place, your business will not be easily found on the internet. Your prospects will not know that you exist even if you are technically advanced and capable in solving all their challenges. As a business owner, you need to also stay ahead of competition.

The internet is your window to the world. These days pretty much everyone is on Facebook, Instagram or Twitter. We get updates of all types including latest news, someone sharing some information, images, jokes, perspectives and last but not least advertising.

Print media advertising typically costs thousands of dollars for the mass market. You also don’t have control over newspaper distribution meaning no control over target market advertising.

With digital advertising, you can control your target market reach including narrowing down to the age group, subject market interest, day and time, location, gender and advertising duration. More importantly, you can also set a budget spend. How good is that! This way you expend your advertising budget wisely therefore improving Return on Investment (ROI). All the digital advertising platforms such as Facebook and Google have excellent reporting capabilities that provide progress updates on the marketing campaign.

Compared to print advertising, you can’t do any of the above. From an all inclusive advertising solution for today’s technology savvy customer, digital advertising is the way to go. It is fast and can be a cost effective solution if your digital advertising strategy is well defined and properly implemented.

Check out our next blog where we discuss the key elements of a digital advertising strategy.

For the visually impaired, here is an audio version of this blog.

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Why Brand Awareness Is Important For Your Business

Why Brand Awareness Is Important For Your Business

Home » digital marketing

Updated By Les. Jan 2022

Why is branding awareness so important for any business?

A brand is a name, term, sign, symbol or design or a combination of these that identify and represent a seller/s regardless of good or service sold. A brand allows a business to differentiate itself from its competitors. Furthermore, a brand is a seller’s promise to deliver to customers to a certain standard (e.g. features, services, benefits, quality).

Articulating your brand involves investing time and energy in defining the brand attributes, benefits, values and personality. The challenge of brand awareness is to develop a deep set of meanings for the brand. Once articulated, the next key step is to define the brand awareness strategy i.e. how, what, where, when and to whom you plan on communicating and delivering on your brand messages.

A key component of your brand awareness strategy is to promote your brand into the marketplace.

So how do you do it? Do it the BRAND way.

  1. B – Develop a bold statement about your brand. Be proud and forward looking. Be different from your competitors. This could be your tagline.
  2. R – Be real and authentic about your brand message. In other words, believe and do in what you say in all your dealings. Deliver on your promise.
  3. A – Develop an association with your brand. What are the basic tenets of your brand? What do you believe your brand e.g. honesty, integrity, professionalism etc.
  4. N – How do you generate awareness of your brand name? First, develop an elegant and effective website that integrates with your logo, key messages, tagline and service offering. A captivating website draws the attention of prospective buyers. Next, design and develop templates for all internal and external marketing material to promote brand consistency (i.e. business cards, letterheads, flyers). Use the same colour scheme, logo placement, look and feel throughout to ensure consistency. Once your business is ready to hit the open market, spread the word. There are so many platform these days to promote a brand. The most common one are Facebook Ads, Facebook Pages, Youtube, Google Ads, Linkedin, radio, billboards, TV, flyers etc. Choose the platform that works best for your business and develop a plan on how to use them effectively. Digital marketing (Facebook Ads & Google Ads) is fast replacing traditional methods such as radio, prints and TV. Digital marketing is very effective compared to traditional advertising as it allows greater control over the audience, spend, message, location, time, placements, devices and demographics.
  5. D – Have distinctiveness about your brand. Create a great company logo that stands out from the crowd. Integrate your logo in all your business dealings.

In closing, the BRAND method is simple and clear. It offers a framework to follow. Spend time articulating and documenting each part as it will help you establish your brand story.

At Valles Digital Marketing, we are certified and experienced in digital marketing. We take pride is what we do and always strive do the best for our clients, i.e. fast lead generation and effective return on ad spend. If you’d like to talk to us about this blog or would like us to help you with your digital marketing efforts, feel free to book a free discovery call.

Note, this article was also published on Linkedin.

For the visually impaired, here is an audio version of this blog

This blog article was also published in https://medium.com/@leslie_20196/how-to-use-brand-to-promote-your-business-b0f1c61eb483

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