Sending your data to our servers, please wait...
Please try a different search phrase.
Paid Media 8 min read
Written by Sarah Edwards
Content Writer @ Galactic Fed
Expert reviewed by Rachel Meyer
Associate VP of Client Success @ Galactic Fed
Published 23 Nov 2022
It’s estimated that there will have been $566 billion spent on digital advertising by the end of 2022. Even if your company’s advertising spending is a fraction of that amount, it could still amount to thousands of dollars monthly. If you’re going to invest that kind of money, shouldn’t you know exactly how paid ads work?
Unfortunately, people are sometimes hesitant to ask important questions about online advertising. They assume they should already know the answers or that more knowledge won’t translate to practical advantage. That’s unfortunate, as the most successful ad campaigns are built on a clear understanding.
If you have questions about paid ads, start by perusing the answers to these seven questions.
The term “paid ads” is all-encompassing and includes many different types of online advertising. Before you begin a campaign, you’ll need to decide which ones to focus on.
Here are your primary tools:
You have no shortage of options when it comes to paid advertising. The best choice for your business will depend on your goals.
Retargeting works by using cookies or pixels to track users who have previously interacted with a brand or product in some way. They may have:
These behaviors are tracked, and users who have engaged in certain activities are retargeted with future ads. Retargeting campaigns are often very specific, with ad copy designed to encourage select customers to continue the conversion process.
Ad targeting ensures your paid ads are seen by people who are likely to be interested in your products or services. The way this works depends on the ad platform you’re using.
For example, paid search on Google use keywords to target ads — you pay to have your ads appear in search results for specific keyword phrases. If you advertise on Instagram or Facebook, you can select detailed criteria for targeting your audience.
Online ads may be targeted based on:
It’s important to research exactly how targeting will work for your ad campaign. You don’t want to waste time or money on ads that don’t find their way to the right people.
A landing page serves as the continuation of an advertisement that a prospective customer has clicked or tapped. It usually contains more details about the product, service, or offer mentioned in the ad.
If you launch a paid advertising campaign, you’ll need at least one landing page, if not several. These will continue the messaging you started in your ad and entice potential customers to convert. They should be specific and relevant to the paid ad. Generic, one-size-fits-all landing pages tend to perform poorly.
After you’ve launched your campaign, you’ll use analytics tools to track conversions and other metrics. You may need to make several small changes to your landing pages to achieve the desired results.
Advertisers often use more than one version of a landing page for comparison purposes. This is known as A/B testing. Most marketing and advertising agencies can set these tests up for you.
The short answer is no. Paid advertising is still everywhere and is a viable option for brands to generate revenue. That said, ad blockers and increasing resistance to online advertising have certainly made an impact.
There are different types of ad blockers. Some work to block or filter out any type of advertising, while others may only go after aggressive ads like pop-ups. Some ad blockers allow ads to be displayed but prevent any tracking from taking place.
Ad blockers are generally intended to work for display ads. They won’t impact Google search ads and have a limited effect on social media, as sponsored posts make it difficult for ad blockers to discern organic content from sponsored ads.
It depends entirely on your goals. Both are good ways to reach an audience, and many brands use both, often at the same time. Here are some guidelines to help you select the best option for your campaigns.
A few compelling reasons to consider paid search ads include:
If you only want to target one platform, paid search may be the best choice.
Paid searches aren’t without drawbacks. You should know about them before you invest. They include:
If you want to connect with a specifically targeted audience or run awareness campaigns, paid search probably isn’t the best option.
Paid social is another viable option. Here are several key benefits of advertising on social media:
Additionally, it’s easier to create social media advertising content that aligns with your brand and is relevant to your target audience.
Don’t invest in paid social ads until you’ve made yourself aware of some of their downsides, which include:
Paid social is typically your best bet if you want a gradual approach that focuses on relationship building and awareness instead of fast conversions.
With advertising, you pay for clicks (PPC) or impressions (PPM).
The latter means that you’re charged each time your ad appears. Meanwhile, optimizing for search can be free if you DIY. Organic search results receive more clicks than paid ads.
None of these facts should lead you to dismiss paid advertising as an option. First, SEO isn’t free. Regardless of whether you pay an agency or do it yourself, there’s a significant time commitment involved.
Also, it’s inarguable that paid ads get fast results, which can be crucial if you’re a startup trying to get a new product off the ground.
When you make a point to stay informed, your ad campaigns will be more effective and you’ll receive a better ROI. You have many important decisions to make, and you need a solid understanding to make them.
If you’re interested in pursuing paid ads, schedule a free consultation with the expert team at Galactic Fed today.
Sarah Edwards
Content Writer @ Galactic Fed
Please try a different search phrase.