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Most Expensive AdWords 2014 | Keywords And Industries
Over the past few years, technology has taken over the world. It changed the way people communicate and interact with each other. But most importantly, it changed the behavior of consumers toward products, services and business in general. The internet has given businesses an easy way to reach out to consumers around the globe.
Google has achieved total global domination. Being the first few innovators who saw the promise of the technology called internet, they have scaled up from just being the runner up search engine next to then famous Yahoo! to becoming the number one search engine in the world for the past decade. In fact, the term Google is instinctively perceived as a synonymous term for the word âsearch.â
When an online user wants to search for something they just âGoogle the wordâ to find more information about it. Understanding the online behavior of people when they search placed Google in a good light to all business enterprises smart enough to jump on the âbandwagonâ of online marketing. Thus, e-commerce was coined.
E-commerce has become a widely successful part of the internet as a whole, sprouting many online-only companies and e-tailers. This new breed of entrepreneurs is making a huge amount of money without much investment, leaving home or establishing a physical business in one or more strategic physical locations. Likewise, this allows consumers to buy multiple goods, services, even online games and software with real money without physically hopping from one store to another.
Today as a business competing for online attention, it is important to be familiar with terms such as Search Engine Optimization (SEO) and Search Engine Marketing (SEM). Simply put, SEO is your traditional marketing efforts that take a while to gain positive results because it requires a lot of brain juice and online field work. SEM, on the other hand, is like paying Google to send potential buyers your way. The latter is commonly known as Pay Per Click (PPC).
With SEO, strategies such as link building, online community interaction, blogging and social media marketing are tactics that will help a businessâ website rank high in the search engine results or the SERP (search engine results page), increasing its organic visibility.
With SEM, businesses will run a PPC campaign, bidding on highly relevant and high converting keywords â guaranteeing a large volume of targeted traffic or website visits.
In its fourth quarter Digital Marketing Report released on January 8, 2014, IgnitionOne, a digital marketing solutions firm, reveals that the paid search market spend rose 12 percent year-over-year in the fourth quarter of 2013. Google, of course, dominated in garnering most of the sales.
-Â Â Â Â Â Â Advertising spend rose 12 percent year-over-year
-Â Â Â Â Â Â Spending growth for tablets is up 82% while smartphones rose up to 253 percent
-Â Â Â Â Â Â Google spend rose 77.3 percent compared to Yahoo! and Bing at 22.7 percent both
-Â Â Â Â Â Â Product listing ad spending increased 618 percent, impression grew by 380 percent and clicks were up at 312 percent year-over-year
 Top 20 most expensive keywords
The most popular paid advertising is through Google Adwords. Below are top 20 most expensive keywords in Google Adwords for 2014.
1. Insurance â $ 54.911
11. Conference Call â $ 42.05
16. Gas/Electricity â $ 54.62
19. Treatment â $ 37.18
20. Cord Blood â $ 27.80
Industries using above-cited keywords are most probably paying high cost per click rates. The minimum bid for keywords in Adwords is 5 cents, which makes $54.91 per click for the keyword âinsuranceâ very expensive by comparison.
(Source: Infographic at WordStream)
 Top 20 most expensive adwords industries
As cited above, knowing the top 20 most expensive keywords provide clues as to which industries are big spenders on Google Adwords. However, it does not necessary have to follow.
The following are top 20 most expensive adwords industries. But we will take a closer look at the top 10 and the top advertisers under each of these industries.
1. Finance & Insurance â $4.0 Billion
Highest cost per click keyword is âSelf-employed health insuranceâ at $43.39 followed by âCheap Car Insuranceâ at $33.97. Other keywords include Credit Cards for Bad Credit, Affordable Life Insurance and Refinance Mortgage.
Top Adwords Spenders under Finance & Insurance
State Farm â $43.7 Million
Progressive â $43.1 Million
Quicken Loans â $21.1 Million
eHealthInsurance â $20.6 Million
2. Â Retailers & General Merchandise â $2.8 Billion
Highest cost per click keyword is âZumba Dance DVDâ at $5.18 followed by âProform Treadmillâ at $3.80. Other keywords include Weber Grill Accessories, Lego Activity Table and Barbie Doll.
Top Adwords Spenders under Retailers & General Merchandise:
JC Penny â Â $30.9 Million
 3.Travel & Tourism â $2.4 Billion
Highest cost per click keyword is âNew York Hotelsâ at $7.68 followed by âPlane Ticketsâ at $6.95. Next is âCheap Hotelsâ priced at $5.94 per click. Other keywords include Rental Car Deals and Last Minute Flight.
Top Adwords Spenders under Travel & Tourism:
Booking.Com- $40.4 Million
Expedia â Â $28.9 Million
Marriot â Â $20.9 Million
Priceline.com â Â $19.6 Million
 4. Jobs & Education â $2.2 Billion
Highest cost per click keyword is âAccredited Online College Degreesâ at $34.87 followed by âOnline Nursing Degreeâ at $18.11. Next is âOnline Certificate Programsâ priced at $14.02 per click. Other keywords are Unemployed Benefits and Entry Level Jobs.
Top Adwords Spenders under Jobs & Education:
University of Phoenix- $46.9 Million
ITT Technical Institute â Â $29.9 Million
Capella University â Â $17 Million
classesUSA â Â $16.3 Million
5. Home & Garden â $2.1 Billion
Highest cost per click keyword is âHome Air Conditionersâ which runs at $8.67 followed closely by âReplacement Windows Costsâ at $8.03 per click. Other keywords are Appliance Repair, Cabinet Refacing and Window Installation.
Top Adwords Spenders under Home & Garden:
Loweâs â $59.1 Million
The Home Depot â Â $50.3 Million
Service Magic â $21.4 Million
Sears Home Services â Â $20.7 Million
Lighting Universe â Â $15 Million
 6. Vehicles â $2.0 Billion
 Highest cost per click keyword is âCheap Hybrid Carsâ bringing in a price of $15.57,  followed by âCertified Used Carsâ at $8.54 per click. Other keywords are Bridgestone Tires, Discount Tires and Emergency Roadside Assistance.
Top Adwords Spenders under Vehicles:
Cars.com â $21.3 Million
Auto Trader â Â $20.4 Million
Firestone â $16.9 Million
Chevrolet â Â $15.5 Million
 7. Computers & Consumer Electronics â $2.0 Billion
Highest cost per click keyword is âOnline Video Conferencing Softwareâ with a price of $35.53, followed by âInk Cartridges Discountâ charging advertisers at $26.79 per click. Other keywords are Email Marketing Software, PC Memory and Anti-Virus Programs.
Top Adwords Spenders under Vehicles:
Hewlett Packard (HP) â $33.3 Million
Best Buy â $23.7 Million
Apple â Â $17.9 Million
Microsoft â Â $16.3 Million
 8. Internet & Telecom â $1.7 Billion
Highest cost per click keyword is âHigh Speed Internet Dealsâ at a price of $26.74. Next is âPrepaid Cellphonesâ charging at $25.38 per click. Other keywords are Domain Registration, Fios Availability and Cable Internet Providers.
Top Adwords Spenders under Internet & Telecom:
Verizon â Â $22.9 Million
GoDaddy.com â $21.7 Million
Comcast â Â $19 Million
DirectTV â Â $18.4 Million
 9. Business & Industrial â $1.6 Billion
Highest cost per click keyword is âCustom Business Cardsâ at a price of $13.83, followed closely by âCheap Office Suppliesâ charging at $10.28 per click. Other keywords are Label Printing Companies, Foam Packing and Office Furniture.
Top Adwords Spenders under Business & Industrial:
VistaPrint â Â $26.9 Million
Office Depot â $17.3 Million
Staples â Â $15.2 Million
United â Â $14.3 Million
 10. Occasions & Gifts â $1. 2 Billion
Highest cost per click keyword is âFuneral Flower Arrangementsâ at a price of $20.95, followed by âFlower Deliveryâ at $3.88 per click, which is a costing a lot less than the first spot. Other keywords are Wedding Gift Registry, Gift Baskets and Bridal Registry.
Top Adwords Spenders under Occasions & Gifts:
1-800-Flowers â $30.8 Million
Proflowers.com â $27.2 Million
Teleflora â Â $24.8 Million
Gifts.com â Â $10.1 Million
 Below are the 11th to 20th top industries of big Adwords spenders.
 News, Media & Publications
Health (excluding Heath Insurance)
 Google is already earning about $37.9 Billion with 50% from advertising within these ten industries alone. The rest of its revenue lies on its mobile business and other software and hardware ventures as predicted by WordStream. Also included in the revenue sources are its Gmail storage subscriptions, enterprise level of web analytics, Google glass and Googleâs Motorola Unit. Any business can achieve success by taking advantage of the opportunities provided by PPC Marketing. As long as you donât stop learning and keeping yourself updated to the trends in online marketing.
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