Is Google Ads Worth It? Complete Overview & Business Benefits in 2023
Updated at: November 18, 2022
Searching for an answer to whether Google Ads really worth it or not? Well, here you’ll find in-depth insight about the subject from Google Ads experts and how it can benefit your business. Let’s dig deep inside.
Google Ads is one of the most popular forms of digital marketing. Google ads, also known as Google AdWords earlier is the most used Pay-Per-Click Advertising platform in the world. Google Ads is mostly used for driving more traffic in lesser time.
Whether you sell products or provide services, you might have an established business, or maybe a start-up, Google Ads can bring you good results in many ways. But yes, you have to make sure that your campaign is well-strategized, and well-optimized to get the best ROI and avoid any waste of money.
How Does Google Ads Work?
Google Ads works in a very effective way compared to other digital marketing operations and provides results in lesser time as well. As we said earlier that Google Ads is the most widely used PPC marketing option in the world, used by thousands of businesses to earn business growth.
First, businesses should find the most appropriate and best possible keywords that they want to rank for. The most relevant keyword increases the chances of higher visibility, better engagement and higher conversions.
Once the keywords are selected, then comes the bidding part. Each keyword has a CPC(Cost-Per-Click) that refers to the monetary amount deducted for each click on the ad for that particular keyword.
Once the bidding part is also done then the campaign is fully optimized and ready to go live. Now, depending on how well-optimized is the campaign, it has chances to appear on the SERPs for its targeted keyword searches.
The more well-optimized campaign has higher chance of getting ranked and getting more visibility. And eventually, it brings more sales and a better ROI.
Google ads generally appear on the top and bottom of the SERPs and you can find an “AD” symbol written just beside it. Not on there but these ads might show up across different Google platforms as well like Google Maps, Google Images, Google Play, Google Shopping, etc.
It works very effectively as every time a user looking for a product or a service, searches for it and finds your ads on top, clicks on it and directly lands on your product/service page. This approach is very straightforward and effective.
Now every time a user clicks on your ad, you have to pay an amount that was mentioned earlier as CPC(Cost-Per-Click). This is only after he/she clicks on your ad and you don’t have to pay for ads that are displayed but not clicked.
Is Google Ads Worth It – Top Advantages of Google Ads for Business
Let us try to understand this thing with some statistics on why Google Ads are worth it and is beneficial for business.
Google is undoubtedly the most widely used search engine in the world. As per research, Google now encounters over 40000 search queries every second, which translates to 3.5 billion searches per day and 1.2 trillion searches per year.
From these giant figures, you can simply understand why getting your business ranked on Google is important and what it can bring to your business. Through Google Ads, your business gets ranked for the relevant keywords much faster and it derives a better ROI.
Now let us go further deep to understand what are the benefits that Google ads offer for businesses.
1. PPC is Faster Than SEO
SEO and PPC provide almost the same results, the only difference is that PPC works much faster than SEO.
SEO is a time taking process and you have to keep doing your SEO operations for months or maybe years to start showing some results. On the other hand, in PPC, the process is much faster. PPC helps the desired webpage rank on SERPs for targeted keywords in a much lesser time.
This brings a lot of advantages for PPC over SEO. As businesses need better results in minimum time, PPC is the first priority over SEO.
2. Huge Potential
Google Ads is a very effective marketing strategy that has huge potential in many aspects for all types of businesses.
There are almost millions of keywords to use and bid on them. As the whole PPC process works on a bidding system, crafting a well-optimized campaign and spending a good amount of money might help your ad rank on top and bring huge traffic.
In Google Ads campaign, targeting a specific audience more relevant to your business is another plus point that increases the chances of higher engagements. Whether your business is small or big, established or new, everyone can be benefitted from using Google Ads.
3. Better Targeted Campaign
Rather than random efforts, a specific targeted campaign is both cost-saving and gives better results. In a PPC campaign, user can set their targeted audience based on their behaviors interests, location, previous activities, etc.
The better audience is targeted, the more engaging would be the campaign. And this would finally end up delivering better ROI.
4. Better Connection on Better Timing
People are searching for something on Google every day. They either need a product or a service. Using Google Ads puts you ahead of your competitors on SERPs and even ahead of the organic search results.
So, that’s simply great timing overall. Just at the moment, someone is about to purchase something and searches for it online your ads show up and there’s a high chance of conversion at this point as well.
5. Variety of Ad Types and Objectives
Every business requires different kinds of strategies to grow in the market and beat down its competitors. For example, the marketing strategy for a pharmaceutical company and a shoe company won’t be the same. Their objectives would be completely different.
Keeping that in mind, Google Ads lets the user choose from an array of objectives based on their primary requirements. And also, with different ad types too, like – search ads, video ads, shopping ads, etc.
These varieties are very massively helpful for businesses to set their prime objectives and ad types to achieve better growth.
6. The Flexibility of The Campaign
This is another beneficial feature of Google Ads that it provides flexibility and control over the ad campaigns. Depending on the strategies and other factors, users can start or stop a campaign at any given point of time. There is no boundation or penalty related to that. This helps the ad owner analyze, understand, and optimize his campaign even better.
7. Trackable Results
It adds a great advantage when you can track the results of your campaign and Google Ads has this feature. Both for the completed campaigns and the running ones users can see results and helpful insights based on different factors.
These measurable results help users to understand how well the campaign is running and if there’s anything that needs to be changed. Users can track down the positive and negative points of the campaign and make the required modifications.
This not only helps the ad owner to get better results but also to create a cost-effective and time-saving campaign.
Are Google Ads Worth It: Factors to Consider Before Using It
Google Ads are definitely worth it but there are some key factors needed to be considered before using it. These key points are very important to be taken care of. Otherwise, you might end up with investing a lot of time and money and achieving zero profit.
Every business is different and has different business goals. And to achieve those goals, you need different strategies. The good part is that Google Ads comes with a lot of customization. Users can choose from different categories of ads and also choose different campaign objectives.
When you well-optimize your whole campaign keeping all of the key factors in mind, then it is going to give you the best results and higher ROI. Now, let us take a look at those key factors important before planning a Google Ads campaign.
1. Campaign Objective
First, as a business owner, you have to understand what exactly your business needs or what your exact business goals are. Your business might require only more awareness about your brand, or maybe more traffic to your website, more product sales, more engagements, or many other things.
Once you finalize your business goals, it is easy to strategize the campaign for better results. And choosing the perfect campaign objectives will end up providing higher ROI.
2. Target Audience
Not everyone on the internet is your target audience. For example, if you have a business of baby products, then higher school or college students won’t be your target audience for sure.
Targeting random audiences won’t give you any good results but only will eat-up time and money. Rather than that, take time to analyze your potential customers, their age, location, interests, behaviors, etc. Targeting niche-specific audiences would always give you better ROI as the targeted audiences are more likely to engage more with your ads.
3. Campaign Budget
Budget is a very important factor for any campaign and not just Google Ads. Investing too much money at once is not a wise decision to make. As Google Ads include a CPC(Cost-Per-Click), so keeping a good budget for PPC campaign gives the advantage to get a better rank on SERPs.
Depending on different industries, the targeted keyword would have different CPC, from very less to very high. Keeping your campaign goals in mind, you should optimize your campaign in such a way that it gives best ROI at the best cost.
4. Profit Margins
Profit is the ultimate thing that every business finally aims for. Your profit margin indicates how well your ad has run.
Now, Google Ads charges ad owner money for each click on the ad. Suppose, the Cost-of-Acquisition for a single customer through Google Ads is Rs.100 and each product sell for Rs.200. Then the profit margin is in a positive graph of Rs.100. Not the Cost-of-Acquisition being the same of Rs.100 but your product value being Rs.50, you would run in a loss of Rs.50. So, this campaign would never give your any profit.
Final Verdict: Is Google Ads Worth It?
Yes, definitely. Google Ads has always been worth it for any type of business. Whether it’s a start-up or big ones, whatever industry it belongs to, Google Ads always brings the best results to any business without a doubt.
Conclusion:
Hope this article helped you to understand how google ads work and how it can benefit your business. Every company now understands the importance of Google ads and implements best practices for their business. Innovination, being the best digital marketing company in Kolkata provides top-class Google ads services to its clients. Get in touch for your future projects for the best results.
Frequently Asked Questions:
1: What is PPC Marketing?
PPC stands for Pay-Per-Click. PPC is an online marketing strategy where your paid ads will show up on search engines and will drive traffic to your website. As the name suggests, the ad owner has to pay a charge every time a viewer clicks on the ad.
2: What is Google Ads?
Google Ads is an online paid advertising service and the most widely used platform in the world. It allows business owner to display their ads on Google’s search engine and its network. Whenever a user searches for particular keywords, the relevant ads will show up on SERPs and clicking on it the user will land on the business website.
3: What is Quality Score in Google Ads?
The term Quality Score associated with Google Ads, refers to quality of an ad. The quality score is a rating given by Google to a specific ad campaign. This depends on various factors like relevance of the ad, landing page quality, text quality, etc. The more is the quality score, the higher is the chance of better ranking.
What is Ad Rank?
Ad Rank simply refers to the position of a particular ad on Google SERPs. It is determined by multiple factors like bid placed on the particular keywordfor that ad, the quality score of the ad, etc.