Increase Efficiency with Automated Bidding Flashcards
Benefits of Google Ads Automated Bidding?
machine learning | time saved | auction-time bidding | depth of signals used and cross analysis
Awareness-based bidding strategies - goal + when + choices?
Goal: visibility
When: target impression share
Choice(s): Raising awareness of your brand and campaigns that include brand terms.
Consideration-based bidding strategies - goal + when + choices?
Goal: clicks
When: constrained budget | maximise traffic with extra budget | upper funnel keywords that have high assist value in conversion
Choice(s): Max. clicks
Conversion-focused bidding strategies?
Goal: conversions
Choices(s): maximise conversions | tCPA | eCPC
When:
eCPC
- search, core bid manually
- display, don’t have conversion-tracking
Revenue-focused bidding strategies?
Goal: Revenue
When: Automatically optimize bids to maximize revenue within your target ROAS
Choice(s): Target return on ad spend (Target ROAS)