1. Can I do an adwords campaign for a site that has adsense on it?
2. For my first campaign I want to have a budget of $50. Is it possible to set the daily limit spend to something like $2? Is there a minimum?
3. What tools can I use to track KW conversion and what is a standard way of doing it?
You all offer some great advice in this forum, I was about to purchase an e-book for $50. No use doing that anymore. Thanks
There is no minimum but depending on your niche you can run a campaign with a 1$ daily budget.
If you are in a niche with very well chosen (exact match) keywords this may work for you (it does for me on several campaigns)
If you are in a fairly broad/competitive market you can still have a small budget but your clicks will be gone quickly and your ad may not show for a large part of the day.
General advise for low budget campaigns, us only exact matching and be very specific.
My 2 cts
If there are conversion events on a site, it is always worthwhile to implement some kind of conversion tracking. Every little bit of insight from every campaign helps in the future.
That is only 600 a month. While this number is useful to help get a grasp of AdWords, at average conversion rates being (very broadly) around 2%, you'll see between 6-18 conversion a month, which might be difficult to track which ads and KWs are doing well with such low numbers.
If you run a small campaign, you need to be a bit more patient about axeing keywords and ads and how often you add new ones.
If you have a campaign of 100 KWs - most will not get any conversions - but could be good converting KWs, but you won't have enough traffic for a few months to get effective numbers.