As I have negligible knowledge about Internet marketing and PPC (I apologize for it), I want to know is there any chance to get some success with lowest CPC and daily budget campaigns for adwords? GK Awadhiya
Largely depends on industry. In theory the lower the CPC, and the more clicks you get. For example, your daily budget is $10. And your Max CPC is $0.10, so $10 divided by $0.10 equals 100 clicks. However, if you are based in a highly competitive industry, with a bid of $0.10, your ad will be ranked so low that people wont see your ad, so you'll recieve a low amount of impressions & clicks. As opposed to a niche area, you'll be doing alrite.
i should also add that in Adwords, Max CPC is one of the few factors that determines where your ads rank, but in general the higher the Maximum bid, the higher your ad goes. Easiest way to increase put yourself up the ranks. The other ways of getting your ad up, is to optimise your landing pages and ad copy for the keywords you have chosen.
You can have some success with low CPC and daily budget campaigns, but if you're seriously looking to convert, I ALWAYS set my daily budget to allow for nearly an infinite number of clicks throughout the day. Your overall "view" of your campaign is clarified by the number of clicks you get over time. The more clicks you can get per day increases the accuracy of your forecasting since you get more points of reference. There's no point budgeting for $5 of clicks per day, what good is spending $5 per day and hitting your budget in the morning, why not spend $10 and double your potential conversions? Why not spend more and increase your points of reference? If you're in this game to stay, daily budget should be irrelevant. Mind you, my strategy requires a big chunk of money sitting in the bank to sustain, but it's the most efficient and, in the end, efficiency is all that matters. Anyone can make $1,000,000 if they had a million years, but the real question is who can make it as soon as possible ;p