The fundamental core of a successful advertising campaign -- whether it be a PPC ad, banner ad or even newspaper ad -- is knowing whether or not your ad's are actually converting into sales or not.
If your ads aren't making you money then you're more that likely better off saving your advertising dollars and adjusting your ad's or using your marketing budget elsewhere in your company.
Both Google and Overture have built in tracking and conversion tools that you can use to get a holistic view of your current PPC ad campaigns. You can even use external tools which let you add conversion code to your website to tell you exactly which of your ad's are converting into sales and which aren't. This is often referred to as knowing your ROI or Return on Investment.
We need to know exactly how much money we are making per dollar spent on every PPC ad. If the ROI is positive and we are making more money than we are spending, then the ad is working and we can use this knowledge to further improve our other ad's or increase ad spending for that particular ad/set of keywords.
If, however, our ad's are costing us more than they are returning, then we can reduce our spend, change our approach, or remove these ad's altogether. It's a rather simple formula, but frustratingly ignored by many advertisers.
You must track your ads if you want to succeed with any form of Internet advertising. You should also constantly monitor and adjust your ads according to how they are performing, your return on investment, etc.
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