The consequences of the coronavirus pandemic have left no business unaffected. Many companies are reassessing their PPC strategies. Right now, a few have agreed to stay on course. Others have cut down on spending. Some have stepped up investment. You might experience pressure to reduce costs, but you do need the flow of leads and revenue generated by advertisements. Why do you find the right mix for your company?
COVID-19 has a different effect on ad spending and performance, depending on the vertical industry. So, everybody has a view about which ones are going to come out ahead.
Demand across industries will return to a more reasonable level once we have gone through this crisis. But the landscape should be distinctive. Any of the former clients may have found different ways to meet their needs, so it may be hard to win again. Any of the rivals are never going to return because brand new competitors are coming up.
Even now, more people are online than they are in their cars or on the streets. Google traffic has significantly increased over the past month and will begin to rise as we hunker down. W e are all glued to our laptops and phones checking for updates. We are also in search of entertainment and ways to kill time.Right now, anything online will be more consumed than ever before. Now is not the time for the hiding. Search engine optimization (SEO) strategies can be used to move to the top of Google’s Search Engine Results Pages ( SERPs) so the business can be found easily.
With more people at home in front of their phones, businesses have an excellent opportunity to use PPC marketing to interact with their customers and obtain a competitive edge. Yes, and within your digital marketing strategy, this is a perfect opportunity to save some money.On average since last week, cost-per-clicks have dropped by 6 percent across all verticals. And in the coming week, CPC is likely to continue to fall, lowering the amount of money an advertiser pays a publisher for each ad click. That gives your business another chance to scoop up the missed market share from those who are pulling back during this phase.
Continuing the digital marketing is a perfect opportunity since many advertisers may go offline at this moment, said John Powell, Thrive, PPC manager, and businesses will attract traffic and conversions because of decreased competition. We have in mind the best interests of the customers and are trying to find ways to retain exposure while prioritizing budget spending during these unpredictable times.
Customers still have needs and desires. They are already looking for things online. Spend time actively thinking about how you will survive and potentially succeed after the pandemic eases. Search for opportunities to leverage data and enact leading-edge PPC technologies to catch the branding search and finally, conversion.