Companies large and small unleash substantial budgets on Google Ads and Bing Ads, aiming to capture the elusive attention of potential customers. However, amid the flurry of bid adjustments and keyword research, a fundamental truth often gets overlooked: no amount of spending can compensate for poor targeting. In this piece, we’ll dive into why precise targeting is the linchpin of successful search marketing and how you can refine your targeting strategies to outshine the competition, without necessarily outspending them.
Understanding the Perils of Poor Targeting
Picture this: your business sells artisanal coffee beans online, and in an effort to boost sales, you decide to increase your ad spend significantly. However, instead of targeting coffee enthusiasts or gourmet food lovers, your ads are being shown to a broad audience including tea drinkers and fast-food aficionados. The result? Your clicks go up, but your conversion rates and ROI plummet. This scenario underscores a painful reality: when it comes to search marketing, precision trumps power.
Poor targeting is akin to casting a wide net and hoping to catch a specific fish. Not only does it drain your budget, but it also alienates potential customers who feel bombarded by irrelevant ads. This approach can tarnish your brand’s reputation and deter potential conversions.
Strategies for Sharpening Your Targeting
To ensure your search marketing campaigns hit the mark, consider the following strategies:
1. Deep Dive into Audience Segmentation
Begin by understanding who your customers are. Leverage tools like Google Analytics to analyse user behaviour, preferences, and demographics. Create detailed buyer personas that include age, location, interests, and buying behaviour. This segmentation allows you to tailor your campaigns to resonate deeply with different audience segments, maximising relevance and engagement.
2. Utilise Keyword Intent to Your Advantage
Not all keywords are created equal. They can be broadly classified into three categories based on the user’s intent: informational, navigational, and transactional. By aligning your keywords with the correct intent, you can capture potential customers at various stages of the buying journey. For instance, targeting a transactional keyword like “buy organic coffee beans online” is more likely to convert than a broad informational keyword like “coffee types.”
3. Geo-Targeting: Localise Your Approach
Geo-targeting is incredibly effective, especially for local businesses. By targeting ads to specific locations, you can attract customers who are more likely to visit your store or use your service. This not only increases the relevance of your ads but also reduces competition, as you’re only competing with local players instead of national brands.
4. Use Negative Keywords Wisely
Negative keywords are a powerful tool in refining your targeting. They prevent your ads from being triggered by search terms that are irrelevant to your products or services. For example, if you’re selling luxury coffee equipment, adding “cheap” or “discount” as negative keywords can ensure that you’re targeting the right demographic.
Engage and Convert: Beyond Targeting
With your targeting refined, it’s crucial to focus on the creatives of your ads and the landing pages they lead to. Ensure that your ad copy is persuasive and your landing pages are optimised for conversion. Use compelling calls-to-action, provide clear value propositions, and ensure a seamless user experience.
While a hefty budget can give you more leeway in search marketing, it’s precise, intelligent targeting that turns prospects into customers. Remember, you can’t outbid poor targeting, but with these strategies, you can certainly outsmart it.
Chris Barnard has spent over 15 years delivering exceptional revenue growth for ambitious businesses in the UK, Europe and North America through his marketing technology business, FeedbackFans.com and as an independent business consultant.
By his mid-20’s he was running digital departments for FTSE100 companies in London, eventually leading to a very successful period in digital customer acquisiton for a well-known brand in his early 30’s generating nine-figure revenues with seven-figure budgets. He now puts his experience, knowledge and ideas into good use, supporting challenger brands and forward thinking businesses to outperform in their sectors, whilst disrupting and improving the marketing, technology and development sectors that FeedbackFans.com inhabits.
Feedback Fans provides a unique next-generation managed technology and marketing platform that delivers outstanding and out-sized results for businesses in sectors such as finance, retail, leisure, and professional services.
With our unparalleled expertise in creating cutting-edge solutions and environments, we empower our clients and users to thrive and outperform in the digital age.
Chris Barnard is Managing Director of FeedbackFans.com and producer of the Bear Business Vodcast