By David Szetela , April 14, 2008
As we recently discussed, one good keyword strategy involves using software tools to collect words from Web sites for building content keyword lists. To demonstrate how this method works, I've created three files to illustrate these steps as a companion to today's column.
But first, as a refresher, here are three key points about content keyword lists:
A keyword-targeted content ad group's keywords should describe the pages/sites where an ad should appear, and the best keyword list is composed of words/phrases that appear most frequently on the target sites' pages.
Assume for this demonstration that we're building content ad groups for MuscleBound.com, a hypothetical company that sells bodybuilding equipment. Since the company has a savvy marketing department, they understand their customer demographics very well, and through careful surveys have concluded that there's a high interest in bodybuilding among people who enjoy role-playing games (RPGs). MuscleBound wants their ads displayed on sites frequented by people actively engaged in bodybuilding, and sites frequented by people interested in RPGs. So they need to create two separate keyword-targeted content ad groups.
I used a simple set of tools: the Google AdWords Placement Tool, a simple Google search, and Textanz, a word-frequency counter program that costs $22.95 and is worth every penny.
Here are the steps I took to create the keyword lists:

Here's the final list:
The whole exercise took just a few minutes. Obviously, a similar list could be assembled just using intuition, but only marketing losers base decisions solely on their intuition.
I followed the same process to create this text file and a keyword list for the ad group targeting RPG sites. The word lists from each step are in the spreadsheet; here's the final list:
In this case, I added negative keywords to avoid ads appearing on sites related to people just dressing up as RPG characters.
Next week: creating keyword lists for a B2B campaign. Thanks to all of you who've applied my lessons and shared your success stories and questions with me via e-mail or in the Content Advertising thread in the Search Engine Watch Forums. Keep those stories coming!