Pub. 3 2024 Issue 5

LEVERAGING PPC ADVERTISING FOR BANKS By Jennie Brady, Director of Creative Solutions Spry, ICBC Associate Member Pay-per-click (PPC) advertising is a powerful tool to enhance visibility, drive traffic and generate leads for banks. Here’s how financial institutions can effectively leverage PPC advertising. IMPORTANCE OF PPC FOR BANKS PPC advertising places bank ads at the top of search engine results, boosting brand awareness and attracting targeted traffic. Unlike organic search, PPC provides immediate visibility, making it ideal for banks aiming to quickly reach new audiences. KEY STEPS TO EFFECTIVE PPC CAMPAIGNS 1. Define Clear Objectives. Identify specific goals, such as increasing sign-ups for savings accounts, promoting mortgage loans or enhancing mobile banking adoption. Clear objectives guide keyword selection, ad copy and landing page design. 2. Conduct Comprehensive Keyword Research. Identify keywords that potential customers use to search for banking services. Use tools like Google Keyword Planner and SEMrush to find high-volume, low-competition keywords. Combine broad and long-tail keywords to capture a wide audience and target specific needs. 3. Craft Compelling Ad Copy. Create concise ad copy that highlights the benefits of your financial products. Use strong calls-to-action (CTAs) like “Apply Now” or “Learn More” to encourage clicks. Ensure ad copy aligns with keyword intent for relevancy and performance. 4. Optimize Landing Pages. Ensure landing pages are relevant to the ad copy and offer a seamless user experience. Highlight key information, such as interest rates and benefits, with clear CTAs and easy-to-use forms. Ensure mobile-friendliness, as many users will access the page from mobile devices. 5. Implement Targeting and Segmentation. Use demographic targeting to reach specific age groups, income levels or geographic locations. Behavioral targeting can reach users based on past interactions with your website. Implement remarketing to re-engage users who previously visited your site but did not convert. 6. Monitor and Adjust Campaigns. Continuously monitor metrics such as click-through rates (CTR), conversion rates and cost-per-click (CPC). Use A/B testing to experiment with ad copy, keywords and landing page designs. Regularly adjust campaigns based on performance data to ensure optimal results. PPC advertising offers banks a strategic way to enhance visibility, attract targeted traffic and generate high-quality leads. In a competitive financial market, PPC can drive growth and help banks connect with customers in meaningful ways. PPC ADVERTISING OFFERS BANKS A STRATEGIC WAY TO ENHANCE VISIBILITY, ATTRACT TARGETED TRAFFIC AND GENERATE HIGH‑QUALITY LEADS. INDEPENDENT REPORT | 25

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