Increase Efficiency with Automated Bidding Flashcards
4 Benefits of google ads’ automated bidding?
machine learning | time saved | auction-time bidding | depth f signals used and cross analysis
Awareness-based bidding strategy - explanation?
Goal = visibility
Bid Strategy = target impression share
When to use = raising awareness for brand and campaigns that include brand terms.
Consideration-focused bidding strategies - explanation?
Goal = clicks
Bid Strategy = maximise clicks
When to use = tight budget | increase click volume | maximise traffic when extra budget received | upper funnel keywords that have high assist value in conversion
Conversion-focused bidding strategies - explanation?
Goal = conversions
Bid Strategies = Maximise conversions | target CPA | enhanced CPC
When to use = maximise conversions | lead generation | use in search and display
Revenue-focused bid strategies - explanation?
Goal = revenue
Bid strategies = target ROAS
When to use = maximise revenue with auto bids