“What really decides consumers to buy or not to buy is the content of your advertising, not its form.” ~ David Ogilvy (British Advertising Tycoon)
Several traditional stores and global companies are nowadays competing with each other on the digital frontier. Since the internet is their new battleground, there must be some strategies that these stores and companies rely on. And, this is where the Pay-Per-Click (PPC) comes under the limelight.
PPC helps in achieving greater customer engagement and market share. However, PPC is a broad term. Several methodologies and types of campaigns are different in nature. Speaking of franchisors, it works as a road towards a larger consumer base.
Franchise PPC is exclusive to a particular type of business since all the factors are tailored to the business’s services, locations, and customer profiles. Therefore, discussing all these things in detail, we are going to shed some light on different types of PPCs.
As its name suggests, the Brand Defender Campaign (BDC) is a digital armament designed to fortify your brand’s presence against encroaching competitors. The factors on which the strategy is based include brand name, unique propositions, and signature of products & services. This plan focuses on manipulating the customer to go for your brand over others, to maintain brand loyalty and its trust.
A master plan is not built in a day, it requires time and effort. Here are some practices on which you must rely for long-term focus:
You can self-measure your BDC success by monitoring the following factors:
If you managed to excel in all these areas, congratulations, you are on the right track.
The second type of franchise PPC plan, the Territory Expansion Campaign (TEC), is an open-ended move into new geographical locations or untapped consumer segments. An ideal scenario to adopt this plan would be if you are finally leaving your borders to a new area where you are going to build your impression from scratch.
Since you are entering into an alien territory, adopting a more nuanced approach is necessary for the TEC:
Here are various factors on which you can track your TECH success:
STATISTICS:
If you have any doubts about how successful PPC is, here is a statistic from SmallBizGenius that can give you an idea:
Paid advertising, which is also a part of PPC, returns $2 for every $1 spent – a 200% ROI.
If you are struggling with customer decision-making processes or high-value product lines, Conversion Focused Campaign (CFC) would be the best choice for you. Here, the effort is to capture high-intent leads and channel them through a sales funnel.
Finally, the Conversion Focused Campaign (CFC) is a targeted effort to capture high-intent leads and guide them through the sales funnel. This type is especially paramount for franchises with longer customer decision-making processes or high-value product lines.
To master a CFC, your approach should be highly customer-centric:
The CFC success rate is estimated upon:
DID YOU KNOW?
According to Google Economic Impact, on average across all industries, businesses make $2 in revenue for every $1 they spend on Google Ads.
In the current scenario, opting for a PPC strategy is one of the best things that the marketing department of a company can do to upscale the business potential. Through efficient PPC, you can achieve better enterprise performance with campaigns that are especially tailored to your needs.
Whereas, factors on which the strategy is adopted include location, customers’ nature, and economic demographics.