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Top 8 Bing Ads Agencies for B2B SaaS Business (2024)
June 30, 2024
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The B2B buyer's journey is increasingly complex. It involves multiple stakeholders, trial and procurement stages, and has longer sales cycles. Despite the complexities, Google ads are effective marketing strategies that work increasingly well with B2B buyers.
With an average 7.04% conversion rate, you can connect with your target audience, generate qualified leads, and drive revenue for your business. But how do you do this? This article discusses B2B Google ads and effective strategies that make it work. Let’s get started.
B2B Google Ads allows users to create online advertisements for businesses rather than individual consumers. These ads are designed to reach decision-makers and professionals searching for solutions that a business offers.
These ads run on a pay-per-click (PPC) platform that requires businesses to pay when someone clicks on the ad. Unlike B2C ads, which often focus on emotional appeals and quick conversions, B2B Google Ads typically emphasize technical details, product features, and informative content to establish credibility and demonstrate expertise.
As a B2B company, here are a few reasons you need to invest in Google ads.
Unlike SEO which takes a longer time to rank organically, Google Ads allows B2B companies to connect with their target audience at the exact moment they are searching for solutions.
It offers a unique combination of reach and sophisticated targeting to find people who are interested in your products or services and have a higher chance of taking action. This makes it a highly effective way to drive targeted traffic, generate high-quality leads, and generate faster results.
Google Ads makes it easy to target and reach commercial intent searchers who are willing to spend their money on a solution that addresses their pain points. By targeting specific keywords, the right industries, and geographic locations, you can increase your reach and attract qualified leads that increase the chances of conversion.
Google Ads also enables B2B companies to build brand awareness and establish credibility in front of their audience. They constantly show in the search results for every stage of their online journey, increasing your brand’s awareness. By consistently showing your ads to your consumers, your brand will constantly stay at the top of their minds.
Google ads provide control over your advertising budget. You decide how much to spend per ad, per day, and per month. You can adjust the budget and bids anytime, enabling you to scale as your business changes. For instance, if you’re starting with a small budget, you can measure its effectiveness and adjust your budget accordingly over time.
Your audience is the primary target for your marketing efforts. That’s why you need to conduct research and understand their needs, pain points, and motivations. You also need to understand their preferred communication channels and content types.
These insights can help you develop targeted messaging and ad creative that resonates with them, increasing the likelihood of conversion. By taking the time to thoroughly understand your target audience, you can develop a Google Ads strategy that speaks directly to their needs and drives meaningful conversions.
SMART stands for specific, measurable, achievable, relevant, and time-bound. They serve as a compass to create an effective B2B Google ads strategy and align with your overall business objectives.
Before you begin, ask yourself. What actions do you want your target audience to take when they see your ads? Should they fill out a form, download an ebook, or make a purchase?
Setting out these goals helps you to establish key performance indicators (KPIs) that will be used to measure the success of your campaigns. It provides valuable insights that check the effectiveness of your campaigns and determine their success for your business.
When you identify the keywords that are most relevant to your business, you can create ad campaigns that are highly targeted and likely to resonate with your audience. Keyword research involves identifying the specific words and phrases that your target audience uses when searching for your products or services.
It helps you to stay on course in the search results, exposing your brand to your target audience. With the right keywords, you can avoid ads that aren’t relevant to your business and improve the overall efficiency of your Google Ads spend.
Your ad copy is the first thing that searchers will see when they come across your ad. It needs to be attention-grabbing and relevant to their search query. The goal of your ad copy is to convince searchers to click on your ad and learn more about your product or service.
To craft compelling ad copy, you need to focus on the benefits of your product or service, rather than just listing its features. This increases the likelihood of searchers clicking on your ad and taking the desired action. You should also continuously test and optimize to ensure that you have the best ad copy that resonates with your target audience.
Ad extensions are additional pieces of information that can be added to your ads, such as phone numbers, addresses, product ratings, and site links. These extensions can help to make your ads more visible and appealing to searchers. They can also provide additional information about your product or service to searchers.
With the right ad extensions, you can make your ads more noticeable to searchers. This improves the click-through rate of your ads, as searchers are more likely to click on an ad that provides more information and value.
Now that you have created an effective B2B Google ad strategy, here are a few best practices and tips to help you out.
Selecting long-tail keywords that reflect your business pain points and solutions is a great strategy for successful Google B2B ads. It enables you to identify what your audience is typing in the search query.
Use tools such as Google Keywords Planner to discover new keywords and unveil details such as search volume, location, device, and more. Once you select these keywords, Google Keyword Planner will reveal its average monthly search, its competitiveness, and how much you’d have to bid to get to page one.
Your ad copy has a profound impact on your Google ads’ success. You want to create a copy that addresses your audience’s pain points and highlights your unique value propositions. Plus, here are some other best practices you can implement:
Your landing page is equally as important as other elements of your ads. They provide valuable information to your potential customers, and attract, and generate qualified leads for your business. As a top B2B PPC agency, here are some best practices you can follow:
PPC isn’t something you do once and forget. It requires constant measuring to help you determine its success. With the right metrics, you can identify what’s working or not in your campaign.
This is why you should connect Google Analytics with Google Ads on your computer. It provides an overview of your conversions, enables you to identify adjustments, and ensures you maximize the value for every ad dollar spent.
Since you’re dealing with the B2B market, you can’t expect all your prospects to buy straight away. You can’t assume they will remember you after a while too. The best way to capitalize on these waiting opportunities is to retarget them.
Retargeting makes your brand stay on the top of your visitor’s minds even if they’re not ready to buy. It gives you a second chance to convert your lost leads with a good deal of convincing social proof. By retargeting your audience, you don’t lose qualified leads that can contribute to your business growth.
If your goal is to measure the success of your B2B Google Ads campaigns, here are some steps to follow.
Before you launch your B2B Google ads campaign, you need to identify what you intend to accomplish and how to measure it. Set up a SMART goal and its corresponding key performance indicators (KPIs) to track your progress.
Let’s say your SMART goal is to increase brand awareness, nurture prospects, generate qualified leads, and drive revenue. In that case, your KPI can be metrics such as website traffic, engagement rate, click-through rate, conversion rate, and more.
Your B2B Google ads campaign should target different audiences at various stages of the sales funnel — awareness to conversion. This is why you should align a metric to each funnel stage and measure its effectiveness.
For instance, at the awareness stage, you can measure metrics such as views, impressions, or reach. The consideration stage enables you to measure metrics such as downloads, leads, or sign-ups. You can measure metrics such as sales, referrals, and retention at the decision stage.
Your B2B Google ads campaign requires using the right tool to collect, analyze, and have reports on your data. In this case, you may want to consider using Google Analytics and Google Ads. These tools enable you to compare performances and provide insights into your audience’s behavior.
Testing your campaign ensures you’re reaching your target audience, delivering the right message, and achieving your goals.
You can conduct different tests such as A/B testing, multivariate testing, or split testing on different campaign elements like images, copy, call-to-action, headlines, and more. The results of these testing enables you to make data-driven decisions that improve your campaign performance and ROI.
You can also leverage B2B performance marketing to maximize your ads effectiveness and optimize your campaigns.
The last item on this list is to evaluate the effectiveness of your campaign. This enables you to discover what worked and learn from the results.
You can review your business objectives and KPIs, identify your strengths and weaknesses, and analyze your data and insights. You can also document your learnings to refine your strategy and plan for future campaigns.
Cost per conversion is the cost of each conversion, such as a form of submission or phone call. It helps you understand the effectiveness of your ads in driving valuable actions.
The conversion rate is the percentage of users who complete a desired action. A higher conversion rate indicates a more effective campaign. This metric helps you identify areas for improvement in your ad copy and landing pages.
Cost per click is the cost of each ad click. It indicates how much you're paying for each user to click on your ad. This metric helps you optimize your bids and ad copy for better performance.
The click-through rate is the percentage of users who click on your ad after seeing it. It indicates how well your ad is persuading users to click.
Return on ad spend shows the revenue generated by your ads compared to their cost. It indicates whether your ads are generating a positive return on investment. This metric helps you understand the financial impact of your ads.
Return on investment shows the net gain of your ads compared to their cost. It indicates whether your ads are generating profit or loss.
Impression share is the percentage of users who see your ads compared to the total potential audience. A higher impression share indicates that your ads are reaching your target audience.
View-through rate shows the percentage of users who view your video ads after they start playing. A higher VTR indicates that your video ads are more engaging and relevant to your audience.
B2B Google Ads refers to the use of Google Ads for business-to-business marketing efforts, allowing companies to target other businesses and decision-makers with their ads.
Google Ads works by using keywords to match ads with search queries, and then displaying ads to users who search for those keywords, ensuring that ads are relevant and useful to the user.
Google Ads can help B2B businesses to increase brand awareness, generate more leads, drive sales, and revenue. It’s a valuable asset for businesses looking to grow.
You can measure success using metrics like cost per conversion, conversion rate, and return on ad spend, which help you understand the effectiveness of your ads and make data-driven decisions.
You can target ads using keywords, demographics, interests, and behaviors, ensuring that your ads are seen by the people most likely to be interested in your product or service.
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