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I'd like to know if anyone has any data about the click through rate of being placed 1st; 2nd; 3rd... 10th... etc in overture results.
Granted this is dependent on the quality of your titles and descriptions, but overture seems to give you guestimates based on a standard 5% regardless of your ranking.
Surely sites ranked first are going to get more click-thru's than those ranked 10th. So I guess my question is, all other things being equal, what proportion of the clicks is the site ranked 1st going to receive verus the other positions?
Thanks
But I'm managing 5 sites throught the same account all with different budgets, so I'd like to gain some idea of how much I'll spend by putting them in each respective position.
Overture suggests a click-thru rate of 5% (which I know is variable) but surely it'll be better the higher up you are...
I guess I want to know if I bid $0.20 and place 1st with 10000 searches on that term. How much will I spend? vs paying $0.10 cents and placing 6th?
Thanks
Having said that as a really simple rule of thumb we work on the basis that of the clicks that might be had (not the impressions), we work on :
40% to #1
25% to #2
20% to #3
15% to the rest.
Obviously on some search engines where they carry more than the top 3 results then these figures may vary, and I suppose if you look at those numbers then that confirms what Mr. Mackin said.
The difficult anomaly is working out what percentage of the searches result in a paid click, as opposed to an organic listing. I suppose this is where some of the publishers that only carry paid results do better for traffic than those that carry both paid and unpaid. Again as a broad rule of thumb we work on the basis that around 20% of the searches will result in a click.
So if you had a keyword with 10,000 searches, there would be a 40% pool (2000 click) of which #1 would get 40% (800 clicks), #2 would get 25% (500 clicks) and #3 20% (400 clicks). These numbers are just based on what we see, it varies wildly, and the more competitors that jump in and out of #1-#3 the more distorted your results will become.
Try it for 3 days, and then multiply by 10, but include weekdays only.