Direct response advertising through Google Ads probably has an ROI greater than any other investment opportunity available to an ecommerce merchant. It’s far greater than most people realize. The real return on investment is obscured by the way traditional cost accounting records the transactions and reports on them on a monthly basis. It’s easy to get distracted by tax accounting rules and forget the fundamentals of solid financial decision making.
Fundamentally, with pay-per-click advertising, the idea is to balance the cost per click that we’re willing to pay with the profit per click that we expect to achieve. As advertisers, we attempt to find the right level of spending that maximizes the business profit. And since every business is dif...
In a word, “No!”
In two words, “Hell no!"
In eight words, “No, because of the law of diminishing returns."
About a week ago, Google rolled out a new ad format for all AdWords advertisers called Expanded Text Ads. This rollout presents some tremendous opportunities for those who act quickly, and will penalize businesses that lag behind in the coming months.
We participated in an early rollout of Expanded Text Ads during the beta period, before this new feature was released to the general public, and want to make the case for why you should act quickly to take advantage of a window of opportunity that doesn’t come along every day.
I’m working on our Magento 2 upgrade right now, two months before its release. Why am I so bullish, when so many other merchants and agencies are taking a “wait and see” approach? Risk and return. It’s that simple.
Anyone who’s lived through as many painful upgrades as I have is nervous about change. When your business depends on an operating system or software platform, you never rush to upgrade. The initial version will be buggy. Once you upgrade, it’s hard to roll back. You don’t know what the new version is really like before it’s released. So you wait until the release. Then you check it out. And you wait. You wait for all the idiots who rush in to find the bugs. You wait for the company to issue patches. Then you start to plan an upgrade. You roll out slowly. No rush. Why break what’s working?