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THE STATE OF MARKETING INBOUND24 Edition
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Making every click count

Paid Media

Get in front of your prospects first. Paid media on search and social boosts visibility, targets precisely, and drives faster results—keeping your brand top of mind and ready to convert.

reaching the right people at the right time

Drive Growth with Targeted Paid Media



Why should I care?

What is Paid Media?

Paid media is a crucial part of digital marketing, allowing businesses to purchase ad space across online platforms to reach a larger audience quickly. By investing in paid channels like search ads, display ads, and social media ads, brands can drive more traffic, increase conversions, and ultimately boost revenue.

Digital marketing includes both paid and owned media, with paid media being especially impactful. In fact, 63% of companies say generating traffic and leads is their top challenge, and 95% of mobile paid search clicks come from Google alone. With formats like pay-per-click, display ads, social ads, and retargeting, paid media helps businesses effectively target specific audiences, ensuring they reach people actively looking for their solutions.

Let’s explore how paid media can power your marketing strategy.

Strategy
Execution
Analysis

Strategy

Strategy is the backbone of everything we do at HIVE. We work closely with you to develop the right digital advertising strategy to reach your ideal target audiences across a variety of search and social media platforms. Tactics will be developed that aren't cookie cutter, but designed to get results for your unique business.

Execution

With a full in-house team of digital advertising experts, our team is equipped to effectively execute your custom digital advertising strategy. From strategy, setup, and copywriting to design, optimization, and reporting, we're ready to execute a strategy to drive traffic to your website, filling your funnel with qualified leads.

Analysis

We're not just data-driven, we're data obsessed! Each month your dedicated Client Success Manager will review the data collected from advertising initiatives to determine what is most effective, and identify where opportunities for growth exist. Your advertising campaign will improve from month to month and quarter to quarter based on data.

begin your advertising journey with us!

Are you ready to grow?



Connect on the right platforms

Paid Media Platforms

When it comes to paid media, there are many options to choose from. So, which platform(s) should you spend your ad budget on? The answer depends on your goals and audience. Key factors to consider include your ad objectives and the platforms your target audience is most active on.

If you're looking to reach a broad audience, search engine marketing (SEM) or social media advertising is a good option. Both of these platforms have an extensive reach and can be very effective in driving traffic to your website or online store. If you're more interested in targeting a more specific audience, display advertising is a good option. Display advertising is ideal for targeting people based on their interests, demographics, and location. This type of advertising can be very effective in generating qualified leads.

Our team can help to build out your campaigns across Google search, Google Display Network, Bing, Youtube, Facebook, Instagram, LinkedIn, Pinterest, and more!

Cross-Channel
Search
Display
Social

Cross-Channel

Cross-channel advertising refers to the process of advertising across multiple digital advertising channels through either direct deals with publishers or cross-channel advertising software. There are several options available to reach potential customers including searchdisplaymobilesocial, and video.

If you are already utilizing one or two of these channels, forming a comprehensive and cohesive cross-channel digital advertising strategy helps ensure you are reaching your ideal target audience.

Search

Paid search, also referred to as search advertising, search engine marketing (SEM), or pay-per-click (PPC), is the process of advertising on search engines such as Google, Bing, and Yahoo!. Search advertising is used in conjunction with search engine optimization practices and SEO software to form a comprehensive search advertising strategy.

You can also utilize other digital advertising channels such as displaymobilesocial, or video as additional avenues to reach your target audience.

Display

Display ads combine text, images, and a URL that links to a website where a customer can learn more about or buy products. These ads can be static with an image or animated with multiple images, videos, or changing text (also called rich media ads). Banner ads are a common form of display ads that are frequently used for awareness campaigns.

Display advertising software helps you to target, purchase, manage, and track display advertisements. In addition to paid search advertising, display advertising is one of the most used forms of digital advertising.

Social

Social media sites like Facebook, Instagram, Twitter,  LinkedIn, and YouTube are ideal platforms for paid advertising. Different demographics frequent social media sites differently. This is where knowing your ideal customer and their habits is important to your digital advertising strategy. Social media advertising is only one piece of a digital advertising strategy. A comprehensive approach to your strategy works best. 



Best practices for success

What should my budget be?

There is no one-size-fits-all calculation for a digital advertising budget. Every organization has different needs, products, and customers. It's important to understand that digital advertising isn't a one-month spend to yield results. In order to see results from your advertising initiatives, you should aim to commit to a yearly budget.

A common rule of thumb is that B2B companies should spend between 2 and 5% of their revenue on marketing. For B2C companies, the proportion is often higher — between 5 and 10%.

Another consideration for budgeting is your reach and the number of platforms you are using. To put it into perspective, for example, a small town or city budget around $500 per platform; a large city or region $1,000-$3,000; a portion of a state or a whole state, $5,000-$10,000; and for the entire country, $30,000 monthly for the USA.

Our minimum monthly budget for a digital advertising campaign is $3,000 per month. 

Let's get to work

Ready for more website traffic?



Educational content for digital advertising

Additional Resources

Digital advertising is not an immediate solution. It is structured to get your brand noticed and collect data from your campaigns in order to move prospects through the buyer's journey.  In short, digital advertising is a long-term solution to a fuller pipeline, a more qualified pipeline, and more customers at a lower customer acquisition cost.

Are you already using Google Ads and not seeing the return on your ad spend that you'd like? Let us do a free Google Ads Audit and see where you can improve your campaigns!

Free Google Ads Audit
Let's Get Started

Ready to Start Your Digital Advertising Journey?

Our team is here to answer any of your questions and get you started generating leads and closing more business! Let's get to work!Arrow L to R

 

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