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Tutorial: Running Google Ads for B2B Vendors, Agencies & Service Providers

02/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Placing Google Ads ads for B2B suppliers, agencies, freelancers and service providers. What you must pay attention to

Step 1: Objective and keyword research

Before you start placing ads, be clear about what you want to achieve. Define clear goals, such as increasing the number of visitors to your website, generating leads or increasing sales. Based on these goals, you should conduct your keyword research to identify relevant keywords that you can use in your ads.

Step 2: Create a campaign

To create a Google Ads campaign, you must first sign in to your Google Ads account. Click the "Create Campaign" button and select the goal you want to achieve. You can choose between goals such as "More website hits", "More calls", "More conversions" or "Product and brand awareness".

Step 3: Create ad groups.

After you have created a campaign, you should create ad groups. Each ad group should target a specific keyword or group of keywords. Create ads that align with each keyword to ensure they are relevant to the user's search query.

Step 4: Create ads

Create relevant ads that highlight the benefits of your offer. You should match your ads with the keywords in the ad group to make sure they are as relevant as possible. Use clear and concise language to attract the attention of potential customers. Make sure your ad includes a clear call-to-action that encourages the user to click on your ad and visit your website.

Step 5: Set budget and bid

Before you place your ads, you should set your budget and bid. You can set a daily budget to make sure you keep costs in line. You should also set a bid for your keywords to make sure your ads are placed in the right place.

Step 6: Select target audiences and locations

Select the audiences and locations that are most relevant to your ads. You can select geographic audiences to ensure that your ads are only shown to users in specific regions. You can also use demographic data to ensure that your ads are only shown to specific age groups or genders.

Step 7: Monitoring and optimization

Monitor your ads regularly to make sure they are getting the results you want. Analyze your performance and optimize your campaign by swapping out ads, adding or removing keywords, and adjusting bids. Track your conversion rates and adjust your strategy accordingly. It's important to measure the success of your ads and constantly optimize to make sure you're meeting your goals.

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What are the common misconceptions about Google Ads?

02/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are some misconceptions that are common when it comes to Google Ads. Here are some examples:

"The higher the ad budget, the better the results": a higher budget does not necessarily lead to better results. It's more important to allocate the budget wisely and run targeted ads.

"Any number of clicks is a good number of clicks": it is important to consider the quality of clicks, not just the quantity. It's not about generating as many clicks as possible, but about targeting relevant users.

"A high position in the search results is always better": A higher position in the search results does not necessarily lead to more clicks and conversions. It is important to understand the target audience and their search intentions and optimize accordingly.

"A specific keyword should be in every ad": it is important to place keywords wisely in ads, but it is not necessary to use every keyword in every ad. The point is to create relevant and engaging ads.

"Google Ads is the only way to advertise online": Google Ads is an important way to advertise online, but there are other channels such as social media, display advertising and email marketing that should be considered."

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What are the customer acquisition costs in B2B?

02/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The cost of customer acquisition in B2B can vary widely and depends on many factors, such as the industry, the company, the target audience, the sales channel, and the type of marketing activity.

Some common marketing activities in B2B include digital marketing campaigns such as Google Ads ads, advertising in trade magazines, direct marketing, cold calling, networking events and trade shows. The cost of these activities can vary widely, ranging from a few hundred dollars to several thousand dollars or even higher, depending on the tactics used and the intensity of the campaigns.

Especially due to the high click prices in the B2B area (= products & services to corporate customers) of up to 15 € per click and associated lead prices of several dozen euros to several hundred euros, strong optimization and testing measures are required to not burn the marketing budget.

An important factor in determining the cost of B2B customer acquisition is also customer lifetime value (CLV), or the expected revenue a customer will generate throughout the relationship with the company. If the CLV is high, higher customer acquisition costs may be justified.

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What are typical beginner mistakes when designing and running Google Ads?

02/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Wrong keyword selection: Keyword selection is critical to the success of your Google Ads campaign. Avoid choosing keywords that are too general or focusing on only a handful of keywords. Instead, use keyword tools to find relevant and specific keywords related to your product or service.

Insufficient budget: having too little budget can result in your ads not being displayed enough times, and therefore not generating relevant clicks. It is important that you budget enough to make your ads visible and drive potential customers to your website.

Lack of landing page optimization: When you run a Google Ads ad, it is important to make sure that the landing page you link to is relevant and user-friendly. Otherwise, you risk users leaving your site quickly and you won't achieve success.

Missing ad extensions: Ad extensions are an important part of Google Ads. They can help make your ad more eye-catching and informative. Use the various ad extensions to include additional information like opening hours, location, and phone number in your ad.

Lack of conversion tracking: without conversion tracking, you can't accurately measure which ads are successful and which are not. Use Google's conversion tracking tool to see which ads are leading to conversions on your website and adjust your campaign accordingly.

Not monitoring regularly: It is important that you monitor and adjust your Google Ads campaign regularly. Otherwise, you run the risk of your ads becoming ineffective and wasting valuable budget.

No targeting: Use the various targeting options to ensure that your ads are played out to the right users. Otherwise, you risk your ads being served to people who are not interested in your product or service.

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What are mistakes when placing ads for potential B2B customers with Google Ads?

02/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many mistakes advertisers can make when advertising to potential B2B customers on Google Ads. Here are some common mistakes:

Unclear or imprecise ad copy: Ad copy should accurately describe what the company offers and how it can be used by potential customers.

Failure to target the right audience: advertisers should ensure that they target their ads to the right people who are interested in their products or services.

Lack of keyword usage: Advertisers should select relevant keywords and include them in their ad copy to ensure that their ads are displayed to the right people.

Poorly designed landing pages: advertisers should ensure that their landing pages are designed in an appealing way to attract potential customers and make them take an action.

Insufficient budget: Advertisers should ensure that they have enough budget to run their ads throughout the day to reach the maximum number of potential customers.

Lack of monitoring and adjustment: advertisers should monitor and adjust their ads regularly to ensure they are getting maximum results and using their budget effectively.

Neglect of competition: advertisers should keep an eye on the competition on Google Ads and optimize their ads accordingly to compete with other ads.

Lack of measurement and analysis: Advertisers should measure and analyze their ad performance to understand which ads are more effective and what changes need to be made to achieve better results.

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