Real Estate Forums
| Pay Per Click Discuss pay per click marketing and strategies and how to get the most out of your PPC campaigns |
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What kind of return do you all expect for your PPC investments? I know real estate PPC can range from $0.10 to $4+ and of course as long as you make more money than you put in to PPC then its worth it, but what kind of return on your investment would you say is a GOOD deal and money well spent? I'd expect to see at least 10% return on my investment, but I'm curious to see what you'd think is a good return for your money.
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AdamWealth For FREE platinum quality real estate videos & reports on everything from foreclosures to flipping, visit http://www.FreeRealtySecrets.com today! |
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10%? I expect 400%+ ROI on my PPC spending, and get it.
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Ron Goodman, GRI, REALTOR® Prudential Colorado Real Estate Denver Colorado Real Estate and Homes for Sale, AdWords PPC Consulting and Support for REALTORS® Hobby: Goodman Family History and Genealogy |
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Your return on targeted PPC is around 400%? For every dollar you spend you get 4 back?
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Kevin O'Brien Outer Banks Property Management | Outer Banks | Outer Banks Beach Blog "It's always a great day in paradise" |
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Yes. That's why I spend zero on print / postcards / mailings / farming, except for ads for specific listings. ROI will vary in different markets of course, and your success is greatly dependent on your own lead follow-up efforts and persistence.
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Ron Goodman, GRI, REALTOR® Prudential Colorado Real Estate Denver Colorado Real Estate and Homes for Sale, AdWords PPC Consulting and Support for REALTORS® Hobby: Goodman Family History and Genealogy |
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Check out Ronnies last signature link Adam. Sounds like you need to click it and see what his value proposition is. Looks like you might be able to justify the consulting.
If 10% return works for you, you should be able to find some place to park your money safely and end up with a 2% dividend and 8% growth without having to do any work.
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Cal Orange Beach Real Estate | Eastern Shore Real Estate | Fairhope Real Estate The Gulfshoreslife.com Team serves the Baldwin County Alabama Real Estate market from The Eastern Shore of Mobile Bay to the Southern Shores of the Alabama Gulf Coast: Orange Beach, Gulf Shores, Fort Morgan, Point Clear, Fairhope, Montrose, Daphne, Spanish Fort, AL. Referals are welcomed. For more information on AL Gulf Coast Real Estate, please contact me or visit our website. |
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Ronnie,
Wow. I knew PPC could be effective didn't realize it could be that effective. I am guessing targeting the right string of words and follow-up makes all the difference in ROI? My second question is: With a 400% return do you find there is a cap to how many keywords are effective?
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Kevin O'Brien Outer Banks Property Management | Outer Banks | Outer Banks Beach Blog "It's always a great day in paradise" Last edited by TheRealOBX : 04-23-2008 at 08:34 AM. Reason: Another Question |
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Certainly targeting the right keyword phrases for your market, building the right ad text and landing pages, and bidding properly, are all a big part of it. That's what drives the most traffic at a reasonable cost. Website "stickiness" and conversion strategies (when/how you require users to register) is also key. But proper lead follow up is probably the most important factor to achieving good ROI, as it is with any lead generation process. There is no real "cap" on number of keyword phrases you could target. But some are just not cost effective, and others, some you would not expect, simply get no search traffic, so they do nothing but dilute the effectiveness of your campaign.
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Ron Goodman, GRI, REALTOR® Prudential Colorado Real Estate Denver Colorado Real Estate and Homes for Sale, AdWords PPC Consulting and Support for REALTORS® Hobby: Goodman Family History and Genealogy |
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Ron
Thanks. I appreciate the insight. It does seem a lot of people fail once they have generated a lead to follow-up effectively. I will have to toy with the initial keywords. Do you use alot of geo-targeting with Adwords?
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Kevin O'Brien Outer Banks Property Management | Outer Banks | Outer Banks Beach Blog "It's always a great day in paradise" |
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In various ways, yes, when the situation calls for it.
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Ron Goodman, GRI, REALTOR® Prudential Colorado Real Estate Denver Colorado Real Estate and Homes for Sale, AdWords PPC Consulting and Support for REALTORS® Hobby: Goodman Family History and Genealogy |
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