The Pros and Cons of Paid Search
As with any of the digital marketing tools you’ll encounter in this article, Paid Search has its own set of pros and cons.
Pros
1. Easier to Get Started than Traditional Advertising
Paid search doesn’t need advertisers to pay a hefty amount of money to advertise, unlike some other forms of digital advertising and legacy advertising that require a five-figure budget just to get started. You decide the amount of money you’re willing to spend per click, and that’s a huge advantage compared to other forms of paid advertising.
2. Trackable and Measurable
Most platforms of paid search advertising provide detailed analytics information of the campaigns. These details may include things like performance based on keywords used, to allow advertisers to understand which keywords work and which don’t. Also, budgets can be tracked as well as other granular data, which ultimately allows you to better understand and therefore improve your existing campaigns or start new ones.
3. Speed and Real-Time Amendments
Getting a digital advertising campaign such as paid search going is significantly more efficient compared to traditional advertising. In traditional advertising, the advertiser and publisher have to undergo a series of checks before the campaign can even start. With digital advertising, it’s just on the marketer to launch and stop a campaign with the click of a button. Besides this, the speed of reaching the top of a search engine results page is exponentially increased compared to SEO.
Again, like most digital marketing efforts, paid search campaigns allow audience targeting to allow only specific people to see the ads. For example, some campaigns can solely target women and leave all men out within the target demographic, allowing minimal ad wastage and better budget allocation.
Cons
1. Technical Expertise Required
Like organic search, there needs to be someone who has platform knowledge and understands how to set up an SEM campaign. The person also needs to have technical expertise like keyword research, data analysis and campaign optimisation. Companies will also need to be kept abreast of the latest updates that paid search platforms will have to maximise budget efficiency.
2. Ad Budgets are Finite
After spending the right amount of money, companies may find themselves ranking on the first page of SERP in merely a few hours after the money is spent. However, this is temporary, and once the campaign’s budget is run dry, the ads will be nowhere to be found. This is why it is recommended that SEM and SEO campaigns be run concurrently.
3. Costly to Maintain
The demand for keywords in paid search advertising is always rising. However, there are only a finite number of spots available on the first page of SERP. This is inevitably leading to the rise in the cost of paid search advertising.
4. Rise of Click-Fraud
Click fraud is when either an individual, generated script or computer program repeatedly clicks on a PPC advertisement, thereby falsely charging the advertiser. This is done by not only competitors, but also publishers and even customers occasionally (although this is not exactly click fraud, but something that only looks like it because a customer falsely clicks on an ad multiple times).
Fortunately, Google has introduced invalid clicks, through which it identifies fraudulent clicks and deems them invalid, thereby filtering them out.
Reader Interactions