How to Create Stellar Niche Paid Ad Campaigns
By Neil Patel
If you’ve been creating paid ad campaigns for a while, you’ve likely noticed how competitive online advertising has become. Businesses are spending more and more money on paid ad campaigns to attract a growing number of online users.
However, it’s important to recognize not everyone is in your target audience. There are a billion social media users, but your business may only be relevant for a few thousand.
It’s time to stop wasting money advertising to users who will never convert. Instead, you need to find your “ideal” users and create stellar niche paid ad campaigns to convert them.
Paid Media Vs. Owned Media Vs. Earned Media in Niche Markets
It is easy to confuse the terms (paid media, owned media, and earned media), as they all pertain to marketing, but address different types of ads.
When you pay money to a third-party channel like a regional magazine to advertise your business, it’s called “paid media.”
Here is an example of paid media on Twitter.
If you post photos, videos, and other types of online content about your company on your owned social media channels, it’s called “owned media.”
Here is an example of owned media.
When people organically feature your content (without you paying for it), it’s called “earned media.”
These include:
- sharing your business post on their LinkedIn Page
- retweeting your content
- posting photos and videos about your products and services on their personal blog, etc.
This graphic by Oneupweb further explains the differences between paid media, owned media, and earned media:
How to Create a Successful Niche Paid Media Campaign
Now you know you shouldn’t market your business to everyone, so your next question is how do you find the right audience so you can focus your ads (and ad spend) on the right audience.
We’ll discuss and answer those and other niche paid media campaign questions next.
1. Identify/Research Your Target Audience
Identifying your target audience is one of the most important steps to launch a successful niche paid media campaign.
Don’t know where to start? Here are a few ways to research your target demographics effectively.
Create a Buyer Persona
What does your target audience want? Find out by creating a buyer persona. Build an example profile of your ideal customer.
What is their age? Which social media sites do they use? Why do they …read more
Source:: Kiss Metrics Blog