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Advice You - PPC
PPC, or pay-per-click is exactly what its name implies. You pay for each click that goes to your site. There are pros and cons of using PPC, as there are for just about any other form of traffic generation. How does PPC work? Basically with PPC, you bid either a specific According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product amount or a range of amounts on specific keywords. When web surfers type in your desired keyword in a search engine, a link to your site will occur with their search results. Your placement in the list of advertisers is determined by the price you bid for the click. Genera ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ly, the highest bid goes in the highest spot; generally speaking the higher the spot, the more clicks you receive. ************************************************************************ PPC tip: Although the highest spot in the PPC rankings gets the most clicks, those cl lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. cks are often not the most profitable. Sometimes you are better off in 3rd or 4th place, paying less and getting higher quality (although fewer) clicks. ************************************************************************ The advantage to PPC is that you can generally here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe enerate large quantities of clicks in short periods of time, especially if you are willing to pay a little more for your clicks. This makes PPC ideal for testing campaigns. For example, you have just written a new squeeze page script, and are excited about it. You plan to d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro se the new script with an ezine ad you have scheduled for next week in a publication that usually pulls a nice response rate. But you want to test the opt-in rate on your new squeeze page first. In one day, given a reasonable budget, you can easily get 100 or a 1000 hits to ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc your squeeze page, make adjustments, send traffic the next day, make final adjustments, and test it one last time. Presto! Your new squeeze page is ready for the ezine advertisement. In some PPC campaigns, you have the option of rotating different URLs, so you can actuall easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi test as you go, testing 3 or 4 squeeze pages at one time, and then decide to use the most responsive one for your expensive ad. The downside to PPC ads is that it is easy to get side tracked and keep adding more and more keywords that are less and less related to your topic nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically just because you want more clicks. Over time, your cost per click goes up, your revenue per lead goes down, and if you are not careful, you are very quickly losing money on your PPC campaign. So the word to the wise here is, watch your PPC results very carefully. Unlike ez and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ ne advertising or article marketing or even a well-placed classified ad, PPC works every day, day in and day out. This is great, when it is profitable. But when it is not, you can spend more money faster than you realize it. When an ezine ad breaks, you tend to get a huge ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi pike in traffic, leads, and sales. Because it is a spike and it happens in a short, predictable period of time, you can easily and quickly assess the profitability of the ad and make a decision about running it again. But with PPC, because it is ongoing, and there is steady ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a traffic over a long period of time, it is easy to become complacent and simply accept that it is costing you $50 per day and not really making you that back. So how do you manage PPC? Just like any other form of advertising, you must have separate squeeze pages and auto re dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ponders at work. Now if you bid on 1000 words in a PPC campaign, you obviously don’t want 1000 different squeeze pages and auto responders. But I would recommend a few. You can break them down according to types of keywords or the tightness of the targeting of the keywords cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin So for example, if you have a dog supply web site, and you are building a list of people who buy do supplies, you would obviously have keywords like these: Dog supplies Dog food Dog leashes Dog training manuals These words are relatively tightly targeted, and on topic. tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen Perhaps you are quite successful at converting these types of keywords, and want more traffic. So you add keywords like these: Pet supplies Pet food Pet leashes Pet training manuals These keywords, although they should include people who buy dog supplies, are less tigh t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel ly targeted. Now, you will catch more dog people by adding these keywords in, simply because some people who are looking for dog supplies will not type in the dog supplies keyword, rather they will type in the pet supplies keyword. But you will also have goldfish, iguana, a ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust nd cat people going to your page. Which is fine, as long as you are effectively monetizing the dog people who go to your site. In this case, I would set up a separate squeeze page for the tightly targeted group of keywords, and a separate one for the less tightly targeted k y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ywords. I would also set up a separate auto responder for each, so that I could track over time my income from each group. Now, if you have a pet supplies web site, then I would do my tracking somewhat differently. I might have a separate web squeeze page and auto responde . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de for each of the categories of animals or products. For example, I might have one squeeze page for dog keywords, another for cat keywords, and so on. Or you could have a squeeze page for each category or supplies, for example, one page for food, another for supplies, and an elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ther for training, manuals. Keep in mind, your individual site, purpose, and structure is going to be different than many of the examples I provide. These examples are just that--examples. They are designed to give life to the principles and steps involved in list-building tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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