Google has been working hard to improve the interface of its services such as Google Adwords and Adsense. It has also given a make-over to many of its tools (even Gmail). The so-called “new” Google keyword tool makes it easy to manage your existing list and add new items to it. You won’t even have to worry about duplicate keywords. Here is what Google had to say about its new tool:

The updated Keyword Tool has a number of benefits over the older tools:

Flexible search options: Search by any combination of keyword, website/URL, and category (where available) and receive a single set of results

Easy keyword refinement: Filter results by word or keyword match type

Advanced options: View statistics for mobile search and use data filters based on local searches, search and ad share, and more (more…)

There are a lot of so-called gurus that make a living by teaching others how to drive traffic to websites. Creating and running a website could be difficult as it is, but things get even more complicated when you struggle to drive any real traffic to your website. Obviously, most of us want to earn the most profit and incur the least cost in the process. Being involved in SEO and the social media can help you bring down your costs and generate free leads for your business. Google Adwords and other search engine advertising networks can also drive you a lot of traffic. But that doesn’t mean you should jump into new channels without having a plan.

A lot of gurus will tell you that you can expand your business dramatically by learning the art of search engine advertising. There is no doubt that Google Adwords and other networks can bring you quality traffic for a reasonable amount of money if you optimize your campaigns, landing pages, and ads. I understand why a lot of experts claim that you should jump into the Adwords game as fast as possible. Google Adwords could be an amazing source of leads, but it can make you go broke as well. Before taking advantage of such services, you need to make sure you understand what you intend to accomplish by spending money online. There are a lot of fundamental questions that you need to ask before getting started with search engine advertising. You can skip this process and jump right into it, but you’ll be leaving money on the table if you do so.

Here are a few questions that you need to ask before spending a fortune on Google Adwords:

• What do you plan to accomplish with your advertising campaigns?
• Do you plan on getting more exposure for your brand, sell a product, generate leads, or inform your visitors about a specific topic?
• What constitutes a conversion?
• How do you plan to test your metrics to increase your conversions?
• Do you have a specific path of action in place for your visitors?
• Is your landing page relevant to the type of traffic you are planning to drive to your website?
• Are your ads relevant to your landing page?
• Do you have proper call to action in place in your ads or on your landing pages?
• Are you getting the best out of your traffic? Do you have a squeeze box in place to gather your leads’ information?
• Are you cross-selling on your landing pages?
• Have you identified areas that can lead to traffic leakage?
• Do you have an idea what CPA keeps your business profitable?
• Do you have a forecast to show you what numbers you need to hit to break even?

There are plenty of other questions you need to ask before and during your campaigns to make sure you get the most bang out of your advertising bucks. I am not suggesting that you should over-think things. That could only slow you down. But don’t jump in and start spending $1000 a day on a campaign without having some plan. Google Adwords can be the best way to burn a lot of money in a short period of time if you don’t plan ahead. It’s not convenient but it’s a necessity.