Recharge your PPC Profitability
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Transcript of Recharge your PPC Profitability
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Purna VirjiSenior Marketing Manager at Stroll• 7+ years in Search Marketing
• Columnist at Search Engine Watch
• Speaker at SMX, Affiliate Summit, Moz & More.
• Ex-agency, now in-house
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Every once in a while…
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Key Takeaways:• How to
Accurately Diagnose Issues
• Recommended Treatments
• How to Remain at Peak Performance
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TIP 1:Go MacroReview macro trends separately for search and display networks.
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• Look at the totals for each network, month over month, for the past 12 months.
• Provides the best insights into how core KPIs have been trending.
• Immediately spot issues such as a slow,
but clear, decline in any KPI.
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Clearly issues are with the creative: landing page + ad
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NEXT…Drill a little further down by looking at each of your campaigns in each network individually.
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Image Source: bilalsarwari.com
Not enough to look at past few weeks only for each campaign.Might mean concentrating on too many diff. strategies.Streamline efforts for maximum profit impact.
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It will look like this: screenshot
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• Pull Data from AdWords
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- Profits
- # of Days in the month
- Impressions per day
- Clicks per day
- Orders per day
- Profits per day
• Pretty it Up & Normalize Trends by adding:
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Diagnosis:Complete
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TIP 2:Analyze Quality ScoreIf you find CPCs (& thus CPAs) creeping up, chances are a large %age of your impression volume is going to lower quality score keywords.
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The Evolution
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• Systems designed to track if ads were relevant enough to warrant an impression.
• CTR carefully tracked.• KWs w/ CTR below 0.5% permanently disabled.
• Unhappy advertisers, so evolved.• Introduced minimum bid• Bidding on less relevant terms = more expensive• Hoped that would weed these out.
• Competing with the big guys- Overture• Moved from CPM to CPC pricing.• Solution to maximize revenue: Ad Rank= Max. CPC * CTR• Driver of AdWords’ Success
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• Goal = Great user experience• Biggest driver remains CTR• Other relevancy factors also counted
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Why is Quality Score Important?
Optimize Spend and Reach….BUT
• Can provide incredible costs savings• Best to tie into response rate improvement
efforts.
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Impact on Costs
CPCs:
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Impact on Costs
CPAs:
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Quick Facts:
• Differs Across Networks
• Differs Across Devices
• Changes on the Fly
• Changes quickly with large CTR changes
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Easy Option 1: Use a Tool Like Tenscores
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Scores Campaigns + Shows Consequence
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- Use pivot tables in excel to manually pull the data (quite simple)
Alternatively:
- Use Brad Geddes’ Quality Score Analyzer tool at CertifiedKnowledge.org
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Extreme Makeover: Quality Score
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• Separate Low QS keywords into their own ad group.• Re-group ad groups into tighter themes.
• Test new ads to improve QS and C-rates.
• Landing Page- Bounce Rates + Time on Site
Extreme Makeover: Quality Score
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TIP 3:Going Back to BasicsTake a look at the basics, since often in trying to work on more advanced tactics, the simpler items get missed. In reality they could have a big impact.
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Common Issues:• Too few or too many negatives
Negative Keywords
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Image Source: searchengineland.com
• Campaign level affecting ad groups
• Inappropriate use of match types
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Common Issues:• Managed placements deterioration
Placements
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Image Source: wordstream.com
• Too many underperforming placements• Strong placements at low bids• Prune once a month at least
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Common Issues:• Too few ad groups
Ad Group Set-up
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Image Source: imcredo.com
• Too many different “themes” in same group
• Ad serving issues• Ad copy not relevant
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Common Issues:• Daily budget cap too low.
Campaign Settings
• C-rate variation across devices• Dayparting and Geo-targeting incorrectly
set-up• Targeting both search and display network
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Caution with Enhanced Campaigns:• Review mobile bids carefully
Campaign Settings
• C-rates very different• Can exclude mobile but not tablets
• Make landing pages responsive
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Common Issues:• Landing page errors
Technical Issues
Image Source: designgala.com
• Conversion pixel not firing
• Mobile redirect errors
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TIP 4:Analyze Your BidsThe Pareto Principle: Adjusting bids would fall well into the top 20 percent of things you could do to make an 80 percent impact.
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Bidding Options:
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Flexible Bids:
• Located in the Shared Library
• Enhanced CPC and Target CPA options exactly the same thing
• Target Search Page Location= Similarities to old Position Preference bidding• Maximize Clicks is Automatic Bidding for clicks
• Flexible = Can set Strategy & Re-use across other campaigns/ad groups
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Which Bidding Option to Choose?
Image Source: ppchero.com
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- Test automatic bidding to maximize clicks, while letting Google know to stay within a CPC bid limit.
FOCUS: Maximizing Clicks
- Or, to focus on clicks with conversion goals in mind, enable enhanced CPC bidding, which will adjust Max CPC bid based on chances of the ad converting.
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- Consider either target or max. CPA bidding.
FOCUS: CPA Goals
- Uses historical data on a rolling past–30–day basis (greater emphasis on most recent), to enter you into auctions where & when most likely to convert. - Adjusts for factors such as your bids, times of day, as well as keywords & placements.
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- Consider testing Display Campaign Optimizer (DCO).
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FOCUS: Display Network
- Select CPA bidding (Target is recommended) and set up ads in the campaign.
- Google will then do heavy-lifting to optimize placements & continuously seek new placements to test.
- Great way to expand your reach and conversion goals.
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PROCEED WITH CAUTION!
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Don’t change bids too frequently. { }
Keep an eye on response rates.{
}
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TIP 5:Analyze ExternalFactorsIf the account is looking good but you’re still losing impression share or seeing costs rise, then external factors could be having an effect.
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Competition- Has there been a new competitor? - Are current competitors optimizing heavily?
Recommended Tools:.- WhatRunsWhere.com to keep an eye
on their display ads
- SpyFu.com to track KWs & text ads.
Check competitor landing pages
frequently,
to track any tests.
Keep a careful eye on AdWords competitors & look for changes to their ads or positions.
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Creative BurnoutThe bests ads & LPs can lose effectiveness over time.
Always be testing new creative that you can roll out
to
keep performance strong.
Image Source: growthgiant.com
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Company-wide Issue- Talk to other marketing leads.- Potential Reputation issue?- Offer uncompetitive?- Jointly seek solution.
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In Summary:• Use Macro-Reports regularly.• Pay attention to (but don’t obsess over) Quality Score.• Audit the Basics consistently.
• Test Different Bidding Options.
• Track the Competitive Landscape.
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FINAL THOUGHT
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vv
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Doing a thorough check and audit of the account is recommended on at least a
quarterly basis to keep things running
smoothly.
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Say Hello or Ask Questions Anytime:www.linkedin.com/in/purnavirji
www.twitter.com/purnavirji
Read More At:
www.searchenginewatch.com/author/2499/purna-virji