Managing your online marketing budget as a lawyer or law firm can be a challenge. There are countless decisions to be made, and you are competing for very valuable interest. One client could mean thousands or hundreds of thousands in revenue to the firm. That means that other firms are paying top dollar to be seen on the front page of the ad search results. Is there anything you can do?
Yes! You can be better than the competition. The sad truth about law firms and most business when it comes to marketing online is that they try to do it for themselves. Someone in the office says "We should be marketing online, lets try adsense." Everyone says its a great idea and they give it a shot. The problem is, it isnt that easy. Here is why.
Would you ever even consider telling a client to represent themselves in a court of law? Of course not. Forget about the fact the your law firm would not get paid and focus simply on the fact that they do not know what they are doing. When they go up against an experienced prosecutor, they do not stand a chance. Even a Neurosurgeon, as smart as they are, does not have the necessary skills or experience to compete in the at realm.
If by now you have not figured out what I am trying to tell you, here it is. Let a specialist manage your online marketing! The reason why is that it works. Some people devote years to becoming masters at PPC. That is all they do. This makes them much better at it than you. The industry standard is to charge 15% of your budget, and a hourly rate for set up and management. This isnt how it is always done, but it gives you a starting point.
Is it worth 15% You bet. If you get a good firm, the increased effectiveness in your campaign could easily double, if not triple. They know how to make your campaign larger, more targeted, and more effective on the same budget. They can even get the people that see your ads who are not potential clients to not click them and cost you money.
This means several things. First, you will improve the mother of all PPC metrics, cost per conversion. The means that your ratio of clicks to conversions will most likely improve, or your cost per click will lower meaning you will have a lower cost per conversion. Usually it is both. This is very good thing. Imagine you have a budget of $10000 per month, and you are currently getting 3000 clicks to your page. That means your are paying $3.33 per click. From that you are getting 100 leads. that is $100 per lead, or 3.3% conversion. If you could make that 6.6% you will have double the leads and your cost per lead is now $50.
That means that you can pay more for successfull clicks, and possible even increase your advertising budget because it is so successful. Below are several of the most important factors that effect PPC campaigns. If you are outsourcing to a firm or specialist, they should know these facts inside and out.
Optimizing your landing pages for the keywords you are targeting is extremely important. If you are targeting clients for emergency room malpractice, you want to point them to a page on your site specifically about malpractice law and not your main page. The more specific and relevent you can get the page the better.
Success is all about the testing. Few campaigns are profitable right out of the gate. The key is test every variable. Test dozens of ad variations, test small groups of keywords individually. Keep the best performer through out the others, and test the best performer against a new set of ads.
Analytics makes or breaks the campaign. You cant test properly without a solid analytics program. Without great analytics you cannot tell which words are converting to the desired result, and which ones are eating you budget.
Keyword research is how you determine which keywords to target in the first place. If you do proper keyword research before you even begin an internet marketing campaign, your success rate compared to not doing the research will be astronomical. It is the foundation of all internet marketing.
Yes! You can be better than the competition. The sad truth about law firms and most business when it comes to marketing online is that they try to do it for themselves. Someone in the office says "We should be marketing online, lets try adsense." Everyone says its a great idea and they give it a shot. The problem is, it isnt that easy. Here is why.
Would you ever even consider telling a client to represent themselves in a court of law? Of course not. Forget about the fact the your law firm would not get paid and focus simply on the fact that they do not know what they are doing. When they go up against an experienced prosecutor, they do not stand a chance. Even a Neurosurgeon, as smart as they are, does not have the necessary skills or experience to compete in the at realm.
If by now you have not figured out what I am trying to tell you, here it is. Let a specialist manage your online marketing! The reason why is that it works. Some people devote years to becoming masters at PPC. That is all they do. This makes them much better at it than you. The industry standard is to charge 15% of your budget, and a hourly rate for set up and management. This isnt how it is always done, but it gives you a starting point.
Is it worth 15% You bet. If you get a good firm, the increased effectiveness in your campaign could easily double, if not triple. They know how to make your campaign larger, more targeted, and more effective on the same budget. They can even get the people that see your ads who are not potential clients to not click them and cost you money.
This means several things. First, you will improve the mother of all PPC metrics, cost per conversion. The means that your ratio of clicks to conversions will most likely improve, or your cost per click will lower meaning you will have a lower cost per conversion. Usually it is both. This is very good thing. Imagine you have a budget of $10000 per month, and you are currently getting 3000 clicks to your page. That means your are paying $3.33 per click. From that you are getting 100 leads. that is $100 per lead, or 3.3% conversion. If you could make that 6.6% you will have double the leads and your cost per lead is now $50.
That means that you can pay more for successfull clicks, and possible even increase your advertising budget because it is so successful. Below are several of the most important factors that effect PPC campaigns. If you are outsourcing to a firm or specialist, they should know these facts inside and out.
Optimizing your landing pages for the keywords you are targeting is extremely important. If you are targeting clients for emergency room malpractice, you want to point them to a page on your site specifically about malpractice law and not your main page. The more specific and relevent you can get the page the better.
Success is all about the testing. Few campaigns are profitable right out of the gate. The key is test every variable. Test dozens of ad variations, test small groups of keywords individually. Keep the best performer through out the others, and test the best performer against a new set of ads.
Analytics makes or breaks the campaign. You cant test properly without a solid analytics program. Without great analytics you cannot tell which words are converting to the desired result, and which ones are eating you budget.
Keyword research is how you determine which keywords to target in the first place. If you do proper keyword research before you even begin an internet marketing campaign, your success rate compared to not doing the research will be astronomical. It is the foundation of all internet marketing.
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