What is Pay Per Call?
Pay Per Call is a type of advertising model where advertisers pay for phone calls made by potential customers in response to an ad. In this model, the advertiser sets up a specific phone number for the ad campaign and pays the publisher or network for each call generated by that number.
Pay Per Call is commonly used in industries where the customer is likely to make a phone call to inquire about the product or service, such as home services, insurance, and finance. It is a performance-based model, where advertisers only pay for the actual leads they receive, as opposed to paying for clicks or impressions that may not result in actual sales.
This type of marketing, enhanced by the IVR system for preventing calls, can be an effective way to drive high-quality leads and conversions. It allows businesses to connect directly with potential customers who are actively seeking information about their products or services. The IVR system not only streamlines communication but also provides valuable data on the effectiveness of the ad campaign, as the number of calls generated can be easily tracked and measured.
Pay Per Call: 6 Benefits of PPC Increasing Lead Generation
There are many business owners who aren’t sure if pay per call is the right option for them. It’s important to have a clear understanding of the advantages of PPC including:
- Highly targeted: PPC campaigns can be designed to target specific audiences based on factors such as geographic location, demographics, and search intent, making it easier to reach potential customers who are more likely to be interested in your product or service.
- Cost-effective: Unlike traditional advertising models, where businesses pay for impressions or clicks, with PPC, businesses only pay for actual leads generated through phone calls. This means businesses can control their advertising costs and avoid spending money on ineffective ads.
- Real-time feedback: PPC campaigns provide real-time feedback, allowing businesses to monitor and adjust their campaigns quickly to optimize performance and maximize the number of leads generated.
- Increased conversions: PPC campaigns can be designed to target users who are more likely to convert, resulting in a higher conversion rate and a greater return on investment.
- Measurable results: PPC campaigns can be easily tracked, measured, and analyzed, providing businesses with valuable data on the performance of their campaigns and insights on how to improve their lead generation efforts.
- Increased brand awareness: Even if a user does not convert, the fact that they saw and interacted with your ad increases brand awareness, which can lead to future conversions.
How Do Pay Per Calls Convert to Leads for Your Business?
Pay Per Call (PPC) campaigns can be an effective way to generate leads for your business. Here are some of the ways that Pay Per Call can convert to leads:
- High intent: Pay Per Call campaigns are designed to target users who have a high intent to purchase or take a specific action. These users are more likely to convert into leads because they are actively seeking information or solutions related to your product or service.
- Direct contact: Pay Per Call campaigns allow users to connect directly with your business through a phone call. This direct contact increases the likelihood of the user becoming a lead because they can get immediate answers to their questions and engage with your business in a more personal way.
- Qualification: Pay Per Call campaigns can be designed to qualify leads before they reach your business. For example, by providing information about your product or service, the campaign can help weed out users who are not a good fit for your business, which can improve the overall quality of leads generated.
- Personalization: Pay Per Call campaigns can be personalized to the user’s needs, providing a more customized experience that is tailored to their specific interests and preferences. This personalization can help build trust and increase the likelihood of the user converting into a lead.
- Real-time tracking: Pay Per Call campaigns provide real-time tracking and analytics, which allows businesses to optimize their campaigns based on data insights. This optimization can lead to improved lead generation and a higher conversion rate.
The Importance of a Pay Per Call Strategy
A Pay Per Call (PPC) strategy can be an essential part of a business’s overall marketing and lead generation efforts. By leveraging a PPC strategy, businesses can gain a competitive advantage over their competitors who may not be using this advertising model. This can help increase market share and drive business growth. While PPC can be incredibly effective when it comes to the growth of your business, it’s important to partner with an agency that is well versed in setting up this type of strategy so that you can get the most out of it.
Learn How Pay Per Call Can Help Your Business with Help from BrokerCalls
If you’re interested in launching a PPC strategy or you have a current strategy that you feel isn’t working, we encourage you to get in touch with BrokerCalls. Our team of PPC specialists can walk you through the ins and outs of a PPC campaign. Reach out to us today at (855) 268-3773!