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Paid
Advertising
There are almost an infinite number
of options in the area of paid
advertising to choose from.
The key to advertising is to know
your audience. If you have a
book on Bible prophecy, a site about
Bible prophecy would probably be a
good place to advertise. There
a numerous high volume Christian
sites that you can advertise on
starting at different price ranges.
For information about advertising on
our site, see
paid features.
Impressions vs. clicks
A very important thing to understand
when advertising is the difference between impressions
and clicks. Impressions are how many times your ad
will be displayed. This is usually counted in
groups of one thousand.
Clicks on the other hand are the
actual number of people who click on your ad and will
see your webpage. You must determine which is a
better investment for your money. If one dollar
will get you either 1000 impressions or will pay for five clicks at
20 cents each, you must determine if the 1000 ad
impressions is likely to get you more than 5 clicks or a
click through percent of 0.5%.
From personal experience, impressions,
particularly banner impressions, do not have a high click
through rate and do not guarantee clicks. Paying
for clicks at least guarantees that an interested person
will visit your page.
Considering the cost
It is a simple bit of math but if you
make $3 off of every book you sell, you make a profit if
you spend less than $3 to make that sale. Using
the above example, if you pay 20 cents per click, one
out of every fifteen people who clicks on your ad needs
to buy your book for you to break even. If you pay
five or ten cents a click, your odds of turning a profit
are much higher because only one in thirty or sixty will
need to buy your book to break even.
Of course, it is always possible that
you are more interested in gaining exposure for your
book and sharing your work with others. Such a
thing cannot be factored into the sale of a book and you
may be willing to take a loss on advertising for your
book to begin with until word of mouth spreads and the
buying ratio increases. You need to determine
where the proper balance is.
Keyword advertising
There are several search engines that
will let you sponsor certain keywords. Whenever a
certainly keyword is searched your ad will be displayed.
This is a quick way to get attention and make it on the
first page of a search engine where people are most
likely to click. The three biggest names in this
area are Yahoo,
Overture, and
Google.
(Yahoo and Overture and now partnered, so there are
really only two companies I recommend.) I personally would not deal with anyone other than these
three as they are reputable sites. I have had a
very bad experience with a site called brainfox, so if
you go with a cheaper site, pay very close attention to
the details of the agreement.
Personally, I swear by Google.
I believe that they have a very solid program that is
very adaptable to anyone's needs. They do not
require any money up front aside from a $5 setup fee.
After that, you will pay once a month for clicks that
have already been delivered. Google also lets you
set a maximum amount per day so that you won't blow
through your entire advertising budget in a day.
(Done that and then some on brainfox!) You also
get to choose how much you are willing to pay per click.
Until recently there was a minimum of five cents per
click, now that rate is variable. If you want to
advertise on a high volume work such as "book" the
minimum may be higher than five cents. But on the
other side, you can pick up lower volume words or
phrases such as "Old Testament typology" for only a
penny in some cases.
To find out more about Google AdWords
and/or to set up an account,
click here.
The final word on keyword advertising
It is worth your time looking into
advertising a certain sites if you have a limited
audience and you know where to find them.
Personally, for my money, I go with Google because they
have well targeted ads and most sites can't beat five
cents a click. For a $1 a day I can drive in 600
visitors a month. At $3 a book I only need to sell
ten a month to break even and anything above that is
profit.
Domain names
For a small initial investment you
can buy your own domain name and forward it directly to
your book. When you post links it doesn't matter
how long the name is, the link goes where you want it
to - but if you tell someone your page address it
might be hard to remember. Instead of an address
like
www.glorifiedpublishers.com/books/fiction/mybook.html
you can tell someone to just go to
www.mybook.com and
this will take them directly to your page. This is
especially nice if you talk to a lot of people about
your book in person or if you wish to put something on
your business card.
A lot of places charge $35 a year for
domain names. I recommend using
godaddy for domain
names. They charge only $8.95 a year for domains
and are a very large a reputable company.
If you don't feel comfortable setting
up your domain name or just don't want to be bothered
with it, we can set you up under our account for $15 for
the first year and $10 each additional year.
Domain names can also be purchased as part of an
advertising package if you decide to let us do the
advertising for you.
Purchase a domain name
through us |