While I prefer to spend my valuable time developing products, creating value for my customers and subscribers and building my own product-based business, rather than surfing forums – especially those that seem completely consumed with Pay-per-click advertising.
But even I couldn’t miss the buzz building around recent changes Google has made to its pay-per click campaign called Adwords. The changes surround a combination of increasing minimum bids on some high-demand keywords (effectively disabling them within your pay-per-click account) until you either delete them or pony up to the increased bids.
In addition – they are starting to weed out pages that exist only to collect opt-ins – sometimes called landing pages or namesqueeze pages.Â
First, I don’t personally have a problem with the moves they are making – anyone who is so highly dependent on Google’s pay-per-click for their income is simply not building their business in the right way anyway.
Several times over the last months I’ve warned people through this blog and in my newsletter that a business dependent totally (or even the majority) on one specific business model (say making money from Adsense or Advertising) or being dependent on one specific traffic generation method such as pay-per-click, is extremely high risk.Â
This wasn’t just my opinion, but came from inside discussions I had with some very big six and seven-figure income earners in this space.Â
Google is a very large corporation that continues to roll out new opportunities and initatives AND must continue to provide value for their shareholders. By and large they serve legitimate businesses and a big part of their success depends on giving their customers (website searchers) good quality results – most people don’t feel that arriving at a “namesqueeze” page where you have to enter opt-in information before seeing any useful information is good quality – so wouldn’t you do something about that as well?
Now I’ve used namesqueeze pages, sometimes even with good results – but I certainly never have relied on the majority of my traffic to come from any one method.Â
My traffic comes from articles, organic search, joint ventures, valuable cross-links, press releases, offline advertising, and lately, a much bigger emphasis on social networking sites.Â
So – take this latest furor over Google’s moves as a positive – build a legitimate product or service based business that provides good information, products and services with multiple sources of traffic and you will be ok.Â
For a wider discussion on building an information product based business and multiple traffic generation techniques – join us over at our Information Product Marketer’s Exclusive Zone.
I assume you aren’t complaining about this because you haven’t been hit by it. If you think it’s just squeeze pages or highly-competitive keywords, you don’t know enough about it.
Tell me, how does jacking up the price of a 10 cent click to $5 serve anyone?
It doesn’t serve the advertiser, who can’t afford to pay $5.
It doesn’t serve Google, since it just loses them a customer.
It doesn’t serve the surfer, who won’t be able to find those sites as easily.
Hi Chris – I have in fact been hit, some of my 10-cent keywords went to 20 and 30 cents.
As far as what makes sense for Google, the market will certainly decide – just as you say they will lose advertisers over this and in the end, it may be a stupid move on their part.
My main point was that its just too risky to rely too heavily on any one business model, source of products, traffic generation method in your business.
PPC makes up less than 5% of my traffic and sales – so the impact of something like this on a few keywords will not have a big impact on my business.
What I find humorous is that everyone jumps toward the latest technique, many basing their entire business on it and then cry wolf when something negative happens at the source.
This is a business – would you bet your entire life savings on one PPC advertiser? Even half?
In my case, not a chance!
Jeff