The search player gives advertisers new matches and features. How should you respond to the new options? Part one of a two-part series.
Overture launched a significant number of changes to its account management system, the DirecTraffic Center (DTC), this week. With them, the company has opened up a host of new options for search marketers.
The new features may seem complicated, but the key is to understand the various options' nuances -- when to use the features and how to bid within the new landscape. Once you get the hang of it, you'll see the changes are actually fairly straightforward. More important, they provide more powerful tools for planning and executing an efficient search marketing campaign within Overture.
Jumping in without knowing what effect the changes might have is risky. So it's a good idea to learn how to use them to your advantage. A poor grasp of the features of paid search provider marketplaces can result in both missed profit opportunities and budget waste.
Over the next two columns, I'll cover the changes and how they can impact your campaign. Realize your competitors will likely be changing their Overture campaign strategies to adapt to the changes; so should you.
The enhancements to the DTC as described by Overture include:
Let's review the new functionality and features individually and consider how to adapt and expand an existing campaign to take advantage of each enhancement.
Potentially, the most powerful new features revolve around keyword match types. For those who also run Google AdWords search ad campaigns, Broad Match and Phrase Match are familiar. Until this week, Overture had been an exact-match auction with a couple of exceptions:
When deciding whether to use Broad Match or Phrase Match to supplement the standard match option, consider the incremental level of traffic each option is likely to get beyond your existing campaign. Obviously, Broad Match listings will be exposed to the largest segment of the searcher population.
However, there may be many broad and phrase match candidates that have significant numbers of searches on their own. Those phrases that are most popular should be in your campaign directly as standard listings, particularly if you can write compelling creative that will result in better-qualified traffic or if you have a landing page that is better tuned to an exact match.
Tuning the creative and landing page to the search term is critical. The more specific a search query, the more accurately a marketer can meet the needs of that searcher, resulting in better return on investment (ROI) and conversion. However, there are many very rare searches.
Typically, the rare search phrases include four to eight or more keyword combinations that can occur as infrequently as only once a month or once a year. Others may show up 20 times a month. Until now, the best way to target those searches in Overture-powered engines was to do organic search engine optimization (SEO) and to investigate XML paid inclusion or directory inclusion. In Google, you would use broad and phrase matching options. Now, in Overture, you can include those search types in your campaign through broad or phrase matching.
In part two, I'll discuss how to determine the appropriate bids for different match types and how to take advantage of some other new features.
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Kevin Lee, Didit cofounder and executive chairman, has been an acknowledged search engine marketing expert since 1995. His years of SEM expertise provide the foundation for Didit's proprietary Maestro search campaign technology. The company's unparalleled results, custom strategies, and client growth have earned it recognition not only among marketers but also as part of the 2007 Inc 500 (No. 137) as well as three-time Deloitte's Fast 500 placement. Kevin's latest book, "Search Engine Advertising" has been widely praised.
Industry leadership includes being a founding board member of SEMPO and its first elected chairman. "The Wall St. Journal," "BusinessWeek," "The New York Times," Bloomberg, CNET, "USA Today," "San Jose Mercury News," and other press quote Kevin regularly. Kevin lectures at leading industry conferences, plus New York, Columbia, Fordham, and Pace universities. Kevin earned his MBA from the Yale School of Management in 1992 and lives in Manhattan with his wife, a New York psychologist and children.
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