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First Webs, Inc. |
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Rockford; Chicago; the World |
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Case Study: Keyword Analysis for Sales Training/Coaching Terms
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Not familiar with
Local Search, then please review
the information on that page. |
Objective of Case Study: 1) to research and identify keywords for Top
Notch Sales Training, a fictitiously named Chicago area company engaged in sales
training and coaching, 2) to examine the cost of keywords for a national online
Pay-Per-Click ad campaign, 3) to compare the keywords and bid prices nationally
against local competition, 4)to view the search displayed results for the
keyword "sales training Chicago", 5) to make recommendations for a Pay-Per-Click
campaign. |
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Background: Our company 'Top Notch Training' is engaged in the
process of helping CEO's and Sales Managers obtain better performance from their
selling efforts by teaching them a systematic selling process. The selling
system instructs learners on the behaviors and actions needed to better qualify
candidates, and to close a higher percentage of sales transactions.
Top Notch Training's market area is primarily
within a 50 mile radius of the Chicago western suburb or Schaumberg, IL. |
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Results and Observations: Using the Yahoo! Search Marketing
Keyword Selection and Bid Tools, we research the number of times a search on a
particular keyword was performed last month (in July 2005). We determine
the cost of that keyword as shown by positions 1 through 20 in the far right
columns. The cost figure in the columns represents what the advertiser
(Top Notch Training) would pay when someone searching in Yahoo!, MSN, and
All-The-Web clicks on the ad and visits the www.topnotchtraining.com site. This is an auction so Top Notch
Training's position in the displayed Search Results depends on their willingness
to pay for position.
An online advertiser's goal is to
minimize the cost of any click, secure a position as high as possible, and have
many, many relevant keywords to display with high positions. Another
goal would be to have as many visitors to the site as possible take action that
ultimately would lead to a sale. The action we wish for visitors to take
is called a "Call to Action". When the visitor takes that Call to Action,
we call the event a Conversion.
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the top 1/2 of Table 1 is for search count nationally. The bottom half is
for search count with the locality of 'Chicago' added to the keyword phrase.
We see that thousands of searches are done monthly on a national basis with
highly competitive keywords. Local Search for similar terms is just
evolving. This represents an opportunity in positioning the keyword
phrases and targeting them locally. Remember a keyword costs nothing if
the ad is not clicked on - but at the same time there is no point in targeting
words that do not have traffic potential.
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in the case of the keyword 'sales
training', there are few searches done locally but the bid price of the keyword
is significant. ($2.81 locally versus $3.54 nationally). The rapid
decline locally suggests we could get a high position and a powerful keyword in
the order of $.56. This kind of visibility is not achievable in a national
campaign until well past the 20th position - too late to appear in the Sponsored
Results in the top 30 listings.
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Table 1. Keyword Research, Monthly Count, and Cost of Ad by Bid Position
in $ |
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Search Term and Monthly Count of July 2005; Annual Search Count Approximately
17X Monthly |
Yahoo! Ads |
Cost per Click, $ by Position For Yahoo! Search |
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Search Term |
July 2005 |
# of Ads Online |
1st |
5th |
10th |
15th |
20th |
Last |
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business development |
11247 |
39 |
1.15 |
.62 |
.41 |
.20 |
.10 |
.05 |
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cold calling |
1818 |
19 |
1.25 |
.52 |
.15 |
.10 |
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.05 |
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lead generation |
157121 |
40 |
10.12 |
7.00 |
3.00 |
1.56 |
1.00 |
.35 |
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motivation |
70481 |
36 |
.90 |
.43 |
.22 |
.11 |
.10 |
.05 |
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prospecting |
30944 |
19 |
2.30 |
.85 |
.12 |
.10 |
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.05 |
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sales coaching |
1233 |
28 |
1.56 |
.75 |
.36 |
.20 |
.11 |
.05 |
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sales consulting |
2269 |
20 |
2.01 |
1.25 |
.40 |
.13 |
.10 |
.10 |
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sales development |
512 |
9 |
2.21 |
.82 |
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.05 |
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sales motivation |
745 |
19 |
2.10 |
1.60 |
.52 |
.20 |
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.10 |
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sales training |
70496 |
31 |
3.54 |
3.10 |
2.00 |
1.56 |
1.06 |
.31 |
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selling |
41490 |
30 |
1.00 |
.76 |
.22 |
.15 |
.10 |
.05 |
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seminar |
77613 |
40 |
3.49 |
2.77 |
.75 |
.26 |
.15 |
.05 |
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sales prospecting |
1317 |
20 |
1.90 |
1.00 |
.41 |
.11 |
.05 |
.05 |
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sales seminar |
1965 |
18 |
2.10 |
.69 |
.14 |
.10 |
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.05 |
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The
below listed terms are the same as above except they have "Chicago" added to
them. |
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business development Chicago |
58 |
0 |
.10 |
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cold calling Chicago |
No Suggestions |
0 |
.10 |
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lead generation Chicago |
No Suggestions |
0 |
.10 |
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motivation Chicago |
123 |
0 |
.10 |
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prospecting Chicago |
No Suggestions |
0 |
.10 |
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sales coaching Chicago |
No Suggestions |
0 |
.10 |
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sales consulting Chicago |
No Suggestions |
0 |
.10 |
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sales development Chicago |
No Suggestions |
0 |
.10 |
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sales motivation Chicago |
No Suggestions |
0 |
.10 |
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sales training Chicago |
94 |
9 |
2.81 |
.55 |
.10 |
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.10 |
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selling Chicago |
402 |
0 |
.10 |
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seminar Chicago |
105 |
4 |
.23 |
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.10 |
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sales prospecting Chicago |
No Suggestions |
0 |
.10 |
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sales seminar Chicago |
27 |
0 |
.10 |
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Table 2. Displayed Search Results in Google, Google Local, Yahoo Engine,
and Yahoo Local Engine for the Keyword 'sales training
Chicago'
(Click on the images at left to enlarge view) |
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In the national search at
left, we see that several companies listed are from the Chicago area, but most
are not. The sponsored searches are not
from the Chicago area. This search returns all firms that a optimized for
the keyword, or using a Pay-Per-Click to obtain a top sponsored listing. |
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In this Google Local Search, we
see Chicago area companies are displayed down the right side along with a map,
and a clickable link to access their sites. Only Chicago area results are
displayed in a Local Search results area. You see that the sponsored area
(light blue section) has paid ads sponsored by non-Chicago companies. |
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Similar to the Google national search at left, we see that some companies listed
are from the Chicago area, but most are not. This search returns all firms
that a optimized for the keyword, or using Pay-Per-Click for the keyword. |
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In this Yahoo! Local Sponsored
Search, we see Chicago area companies are displayed along with a map, and a
clickable link to access their sites. Only Chicago area results are
displayed in a Local Search results. As in Google, we see sponsored ads
with the light blue background display ads for non-Chicago area companies. |
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This is page 2 from above for
Yahoo! Local Sponsored Search. |
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Recommended Strategy for Top Notch Sales Training:
The advertising goal here should be to
generate the most leads possible from a local area using a mix of many, many low
priced keywords, and a few, well selected national keywords. In addition
to the keywords listed above, additional words should be researched using
Wordtracker or similar research tools.
Specifically:
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Establish a monthly budget for Top Notch Training. Benchmark an ROI using
estimated traffic from the Search Engines.
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Implement a Pay-Per-Click campaign in both Google AdWords and Yahoo! Local
Sponsored Search. In Yahoo! set the geographical radius to 50 miles of
Schaumberg, IL. In Google, select the regions by MSA within a 50-60 mile
driving area of Schaumberg.
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Set up the campaign for maximum ad visibility. That means all the low cost
keywords for the Chicago area that can be generated PLUS some of the "sales
keywords" for national exposure (the keywords without the Chicago word added).
Either the monthly budget in Google, or the rank position in Yahoo! will
determine the ads placement and visibility.
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Write 4 to 5 different ads in both Google and Yahoo! Add Conversion
Tracking to all web pages referenced in the online ads.
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Set up a strong conversion page, or landing page for visitors who click on the
ads and are taken to the site.
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Monitor traffic results and make adjustments in keywords.
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