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On 11/13/2023 at 11:38 AM, Transmission Repair said:The learning curve was long and slow. I did a lot of research figuring out how the bidding system worked in AdWords. They were using the Dutch auction, aka 2nd bid, method. Only if I was the top bidder on a particular keyword, I would win the auction but pay only a penny more than the second-highest bidder. It took me a couple of years to finally learn that.
I originally started bidding cheap with about 1500 keywords. Over time, I learned that I only needed about 35 keywords. Then I learned the power of negative keywords. I put leaks, noises, and vibrations in as negative keywords, basically any minor work.
I also came to learn that no matter how much I wanted to spend, there were only about 1,500 clicks per week to be had in my market area. The last 3 years we had before I sold our shop, I was spending about $1K/wk. on ad spend. We kind of grew into an equilibrium of that much in ad spend with gross revenue of our small, 3K sq. ft. shop of $1.2M-$1.3M/yr.
I only used Google AdWords for the last 5 years we were in business. We started out with $25/wk. ad spend and in 2 years we maxed out at $1K/wk. ad spend. To answer your question, it took 2 years to get the results I wanted.
Google AdWords has changed a lot since I retired. As I understand it, you can no longer have different bid amounts for different keywords. Instead, you set up a weekly budget amount and AdWords does the rest. My top #1 keyword was transmission repair. I hope this can help others.
Interesting. How many other transmission repair shops were within a 5-mile radius of your shop?
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To add cartoon image.
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