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Where to find industry average metrics

When working on a website, you sometimes run into situations where you have to learn what the average metrics are for that industry or niche because there’s no resource out there with all of it.

While there are a lot of tools you can use to find specific metrics, some of them cost money, and the metrics they provide are only sometimes complete or can be hard to find. This quick post explains where you can find the industry average metrics to do less digging on your site.

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Finding leaks in your ads

The worst thing to happen is ads that need to gain more traction because they don’t get clicked on. Although it can be tough to determine what’s going on with your ad, a few basic checks can help you get direction and provide the insight you need to pick up the pieces and fix the problem before it gets out of hand.

Finding leaks in your ads can be daunting, especially if you are new to them. There are no specific rules as to where to start. And if your ads have been running for months or years, it can be challenging to remember when specific changes were made or if any subtle alterations were made recently.

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Ad vanity metrics versus key indicator metrics

Ad metrics can be deceiving. Many visits to your site mean that only a few people are buying your product. One company with millions of page views but only a small number of conversions will not fare well.

Compared to another with a small number of page views and lots of conversions. You need to look at key indicators in your business to see how you’re doing.

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What ad metrics should you focus on?

All advertising metrics are not equal. It’s essential to choose the right ones and know how your ads perform so you can make informed decisions that will move the needle for your advertising campaigns.

Historically, two metrics were measured to evaluate the success of an online ad campaign: Clickthrough Rate (CTR) and Cost per Click (CPC). These metrics are called conversion metrics, focusing on user interaction with the online ad. If you build an online business, you’ll find yourself spending a lot of time analyzing the success of your advertising campaigns. As your traffic grows and as people begin paying more attention, it is even more critical to monitor how your ads are doing.

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When to scale on your targeting

Scaling your campaign can help when you already have an audience for launch day. It helps you quickly identify who to target and get more signups. It’s also great to gain more traction once your project goes viral in the media. Two metrics help determine if it’s worth scaling your targeting: your conversion rate and the value of each conversion.

When targeting a large group of people and you’re only getting very few conversions, the product could be more appealing to them; there are significant holes in your pitch that need improvement, or both. Make sure you cover all the bases of why someone should signup before executing a scale campaign.

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How long before you change targeting

Many people are curious about how long it takes to change targeting, precisely how long before they should change targeting when they’ve done some keyword research and found opportunities. The answer is that you don’t have to wait! You can start researching and changing your keywords right away!

It’s a good idea to keep the exact targeting for the campaign’s duration, but if you’re worried about how long you should keep it the same, give it a month. If you change it early, you’re missing out on potential customers who might have been interested in your product. If you’re still getting clicks on your ad a month later, you can test out different targeting options to see which ones will work best.

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Signs your targeting is not right

There are many ways to show you are targeting a small niche market. If you feel the need to include everyone, that means you’re potentially targeting everyone.

If your advertising budget is too low and your niche is too broad, you could be able to find people who meet all of your keywords. You will have time to try new things and be more careful, but keep these signs in mind if targeting too many keywords becomes an issue.

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