Some Unforeseen Benefits
Understandably, TriStar was thrilled with the results. But they were also enjoying other aspects of this new partnership—how PMG communicated regularly with them, for example.
CEO Richard Cedrone elaborates: "We love how PMG explains exactly what our PPC campaigns are doing, and how they are working to improve results even further. We have a high level of confidence that our campaigns are optimized and operating at peak efficiency."
No longer did TriStar's executive leadership wonder if everything was being done to maximize visibility and lead generation efforts. They knew exactly what was being done – and why. They could now focus fully on what they did best: manufacturing.
Discovering a Persuasive Selling Point
One other unexpected benefit of the PPC partnership with PMG is the valuable intelligence their team is gaining from their pay-per-click data.
Interestingly, Google ads provide a unique way to discover what is most attractive to a company’s ideal prospects. In TriStar’s case, which of their value propositions resonates the most with their target audience:
- Extensive expertise (thousands of applications in 70+ industries)?
- In-house engineering department?
- Complete prototype to production services?
- Direct engineering help in choosing the right solution?
- State-of-the-art fabrication facilities?
- Fast turnaround and delivery?
- Extensive in-stock inventory?
In our initial value proposition testing, they equally rotated two different ads focusing on:
- TriStar’s extensive expertise and their willingness to leverage it to help companies find just the right solution for the problem they were facing. (We called this one Problem Solvers)
- TriStar’s in-house engineering department that can help companies develop custom solutions from the prototype phase all the way to production. (Referred to as Full Service)
The results were statistically definitive… and dramatic. Prospects turned into customers at double the rate (120%) when served ads touting their full service capabilities.
Now, instead of throwing value propositions at prospects indiscriminately (and hoping one will ring their bell), they can promote specific value propositions that are proven to be most persuasive, ultimately turning more prospects into customers.
A Highly Profitable Partnership
This story just goes to show that making one seemingly inconsequential decision (how your B2B company approaches its pay-per-click advertising efforts) can yield some pretty powerful results. Not to mention some incredibly valuable insight into the wants and needs of your prospects.
Simply because TriStar's team had a sense that PPC could be performing better, they have been rewarded many times over for jumping off the horse that didn't seem to be going anywhere!