PPC Growth HackingCheating Strategies for explosive growth Welcome
- Slides: 53
PPC Growth Hacking/Cheating Strategies for explosive growth
Welcome Phil Pearce PPC and Analytics Expert Freelancer @philpearce phil@precisionppc. me www. linkedin. com/in/philpearce Academy (UK) 750 GA questions answered #PPCGrowth. Hacking #SPWK
Fun fact, I`m an Identical Twin. . . ”I successfully cloned myself to increase my productivity” ; )
Agenda 1. 2. 3. 4. 5. 6. 7. Traditional PPC model What is Growth Hacking + Examples What is PPC growth hacking + Examples Learnings & Cross industry examples So… Apply it to my Website Take aways Resources
What is PPC Growth? Adwords Marketing Conversion Data Sales Growth Repeat until CPA threshold reached Classic model 1. Create new marketing campaign. 2. If CPA data is within target threshold = then growth achieved 3. Then Increase marketing. Repeat above steps, until threshold reached.
What is Growth Hacking for PPC? Adwords Marketing Product Data And… needs to be Scalable, Repeatable and Sustainable. Note: “Product” could be value-proposition or incentives Growth Hacking
So…
PPC is limited by CPA curve 2 x Conversions = 4 x CPA! (not sustainable)
Although… ~free assists sales growth… • When creating a GA custom Multi Channel funnel report, be aware that Landing page & Google Organic KW not available (i. e not easy to separate Brand/Non-Brand SEO for above example).
But… PPC growth for start-ups is expensive!
Rapid growth using PPC, that is that sustainable? Yes, its possible… • I`ve done it before! super affiliate with 90% ppc and active for 5+years
But… • You need to achieve Product Market Fit before starting a growth campaign. • Will anyone by your Product? • If you stopped trading would 40%+ users complain? Link to Product Market Fit test: http: //survey. io/
Ok… So you have passed Product market fit test/interview. Now what? …
Jump into Growth Hacking? Growth hacking is a set of tactics adopted by startups which leverage creativity, analytical data & viral marketing to sell products and gain exposure. Growth hackers focus on “low-cost“, “high impact” alternatives to traditional marketing. They utilise techniques such as SEO, content marketing, online PR, email marketing, web analytics & CRO testing. Ref : wikipedia. org/wiki/Growth_hacking
What is Growth Hack-er? A growth hacker is a person whose true north is GROWTH. EVERYTHING they do is scrutinised by its potential impact on scalable growth. Great growth hackers can come from: • Engineering/Development • Sales backgrounds • or Analytics backgrounds
How do you know when you find one? The key is they MUST have the ability to 1. take responsibility for growth 2. have an entrepreneurial drive 3. be regimented about the process of prioritising ideas (their own and others in the company) 4. then quickly test & refine these ideas … to find a sustainable hack. www. startup-marketing. com/where-all-the-growth-hackers/
Lastly resourcefulness! What could you do with just € 100 (not thousands) to achieve growth?
PPC Growth Hacking Ideas… 1. Standard Adwords $1 * 100 clicks? 2. Open 2 Adwords accounts $50*2 + $150 credits 3. Trending News phrases with Don’t Click this Advert Campaign = 100 clicks, but 10, 000 impressions & PR story. http: //www. icrossing. co. uk/ann-summers-case-study http: //www. youtube. com/watch? v=e. VU 60 NRu. OJo It leverages the Changes in the Algo for New advertisers in first 2 weeks
Other ideas Ask users to create ads for you… Task: Tell a Joke using 25 characters + 70 characters. Humour Examples : Super Vacuum Cleaners Your Dirty Language is the Only thing it cant Clean! supervacuumcleaners. com/super-vacuum-cleaners Task: Write a poem using 25 characters + 70 characters. 100 Advert poems = 0 Clicks, but 10, 000 PR visits – Write your own poem, show to 100 of people.
PPC Algo http: //bit. ly/ppc-algo-v 3
Growth Hacking examples • • • Hotmail – P. S. I love you Air. B&B – Made a Craigslist api. Drobbox – Refer a friend Facebook – Exclusive network appeal Twitter – follow celebrities Read more examples: http: //www. slideshare. net/matt angriffel/growth-hacking
What is Growth Hacking for PPC? Adwords Marketing Product Data And… needs to be Scalable, Repeatable and Sustainable. Note: “Product” could be value-proposition or incentives Growth Hacking
What is PPC growth… … And is`nt “growth at low cost CPA” in mature markets impossible?
No, not impossible but really hard!
Compare and Save example 1. Reverse Economies of scale due to CPA tiers 2. BPF: Google +3% kickback +5%growth kicker 3. Regulation preventing Direct Players writing good ads (e. g must mention APR variable) 4. User confusion – 1 st Advert not clear it was paid (compare to now). 5. Display URL that had Call-to-action within it (save-here-now. com) 6. Very high CTR on generic terms 7. Obsession over one metric: CTR (no conversion tracking in early days) 8. Algo that rewarded volume with lower cpc (e. g CTR 50% weighting)
Compare and Save example continued… 1. Explosive growth 2. Position 1 became cheaper than position 4! (This is due to CTR factoring, and t the time position preference) 3. Exceeded all CPA tiers. 4. Also built strong relations with Direct providers, offering state of the market reports, to add value. But it would never work now : (
But it would never work now : ( Due to reduced ppc CTR on SERP and all-time KW level QS decay
Luck / Improvisation / Flexibility
Weapon of Choice PPC Tools http: //bit. ly/spwk-list-ppc-tools
Importance of a Great Team [Image of MI team] Creative Tea boy & Product Specialist Mean Developer Marketer Hot Data Scientist
But… its like music – some of the best tunes are mixes of other peoples work. http: //en. wikipedia. org/wiki/Michael _Jackson%27 s_Thriller
Product Idea • Bid by Quality score (for Charities using Google Grants) • Hack might be “prove to donators that Fund well spent”
Growth Hacking a PPC tool… Have you Heard of “Battleships”? ”
Growth Hacking a PPC tool… Download CTR battleships http: //bit. ly/battleshipsctr
Growth Hacking a PPC tool… Adwords Marketing (capture/test initial lead) Product (Variation on QS grader) Adwords API Data And… needs to be Scalable, Repeatable and Sustainable. Same product but different UI/Landing page - value proposition tweaked and made fun / viral… e. g every one likes to show off : ) Growth Hacking
Growth Hacking a PPC tool… Or take a photo them holding the Prize! #ctrbattleships Winner must tweet winning strategy #ctrbattleships Download CTR battleships http: //bit. ly/battleshipsctr
Also… Test hacks internally & see if they win. [Image of the A team]
Learn from failed Hacks Vacuum. Cleaners 4 u. com (1999) “Free vs Fast postage example” Inkina. Blink. com (1999) SEO link buying penalties (e. g. Rap. Genius)
Account level Tests/Hacks {Param 2} Article by Chad Somerville
Click Fraud Tool – I built (using 3 rd party call data & mathematics) This equates to: • 39% of Spend over 60 refunded • 3% over 18 month log duration. Equates to: Download template here: Bit. ly/clickrefundtemplate
The Catch 22: Disclaimer Its not entirely Google Fault… No Click 2 Call Conversion Data (Call. Metrics) = Increase in Invalid Clicks But client unable to enable Call. Metrics No inbound API for submitting structure data to Google, and no gclid lookup.
Auto campaigns (Free version of Speed. PPC that I built) http: //bit. ly/ad-mutation-tool (MS access)
PPC growth hack to test Search from mobile Lead capture via QR code – invoke v. Card SMS to Win. App download via Paid search
PPC Growth Hacking/Cheating
Your mission should you choose to accept it…
So… Apply it to my Website Not so easy… Hack needs to be customised to fix business.
Quesitons
Resources e. g. Growth Hacker TV (join)
Don’t Hang around then!
Don’t share this PPC video… bit. ly/ppc-rap (Turn up sound)
GTM dev guide: bit. ly/gtmdevguide And join GTM community on Google+ bit. ly/gtmcommunity
Report Automation (Require Adwords API key) Gazel for Excel using Free trial. http: //www. youtube. com/watch? v=b. ZYOuxg. Cz. WQ
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