These six best growth marketing practices will help you maximize your paid search campaigns’ bottom line.
You may hear the terms growth marketing and growth hacking used loosely.
You can even find job titles and functions that specialize on “growth hacking”.
What does growth marketing mean?
Growth marketing means finding and driving the right customers for your business. These customers are most likely to buy from your brand, regardless of whether they are at the top or bottom of the funnel.
What’s the secret to marketing growth in today’s market?
Three words: Search engine marketing (SEM).
Search marketing is not to be confused only with SEO. It has shown time and again that it can produce positive results.
SEM isn’t a one-time effort. It’s an ongoing strategy that will drive qualified customers to conversion over the long term.
Here are six tips to win in the current market for SEM.
1. Deliver value throughout the Decision Journey
Your growth marketing plan must adapt to the changing behavior of your customers.
Who are these customers?
Microsoft Ads research allows us to understand better how customers view the five stages of purchase intent.
2. Align your Campaign and Business Goals
Search can help you achieve your business goals.
Make sure your SEM strategy is aligned with your campaign goals.
3. Increase Your Marketing Funnel
Search is our constant companion. It’s not just a product. It’s a behavior.
We do search at all times, in all places, on all devices, including our smartphones, laptops and tablets.
It is possible to engage your audience with new audiences by understanding how they search at various points in their buying journeys.
Search has become an engine for insights and now influences all five stages of the buying process (awareness to consideration, conversion, conversion, maintain, expand).
SEM can also strengthen your conversion funnel and unify disparate marketing activities.
4. Take Audience Targeting to the Next Level
Potential customers are not attracted to your business by just right-time, right place engagement.
With audience targeting, you need to reach as many searchers as possible.
Step 1 – Create richer buyer personas by taking into account these factors.
Step 2 – Select keywords that correspond with your target customers’ key stages and mindsets:
5. Paid Search can help you lift other investments
Combining organic Search and a paid SEM strategy can optimize your search results.
6. Fight and Win the Battle for Paid Search Budget Sharing
SEM is still a viable option for marketing your brand.
Bring along data that connects search engine marketing to business benefits.
Three elements make up your budget-sharing battle plan:
Choose the Right Metrics to Measure SEM Impact
Metrics make it easy to identify what’s working and what isn’t.
Your team can optimize, test, and change your brand’s SEM strategy for better results.
You can focus your reporting by identifying and tracking key performance indicators that correspond to your business goals.
SEM Impacts Separated From Other Channels
Find out which channels are driving your marketing results.
Each sale results from many marketing touch over days, weeks, or months.
Attribution can be pretty complicated at times. If you show that campaigns with paid searches deliver ROI and bottom-line results, you will unlock more budget and optimize search performance.
You could be looking at conversions using a last-click model and underestimating the contribution of other channels and tactics.
Use the Same Process to Allocate Budget Between Google Ads and Microsoft Ads
This last piece is when you examine the paid click share and query of each SEM option within your industry.
Your paid ads will help you get your business to a large audience and increase your chances of getting clicks.