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Today’s post will define some optimization practices around participation in the auction environment. It’s true that adCenter’s minimum bid is a simple $.05 cost per click (CPC) and does not fluctuate in the auction environment during seasonal or vertically-driven periods of time. That being said, the question remains: how do I ensure that I’m actively participating in the auction environment? We’ll cover three different optimizations tactics in this post that should help define some critical ways of increasing your position while avoiding the “minimum bid” conundrum.
Separate Search and Content
This is an important call out for those of you who are participating in both the search and content networks. The key performance indicators (KPIs) across these two are drastically different, as they encompass two different stages in the sales funnel: browsing and searching. The impression volume, expected click-through rate (CTR), and positions available are drastically different. Because of this, the best practice is to have these separated at the campaign or ad group level so you can easily distinguish performance.
Look at Historical Data
The reporting in adCenter is robust and includes the ability to monitor your position from all levels of campaign structures. The ability to pull an ad group or keyword performance report is at your fingertips; simply make sure you’re looking at the “Avg Position” column. If you aren’t satisfied with your given position:
Utilize Microsoft Advertising Intelligence (MAI)
MAI is an incredibly powerful tool. It uses adCenter marketplace data, and in this situation, provides some key insights and guidance on the auction itself. For our use today,we’ll look at one key function for gaining insights to adjust your position:
When looking for optimizing your position, closely align your optimization decisions with your ROI goals. If particular groups of keywords or ads are working well for you,that’s a great starting point in increasing the traffic. If you have ad groups that are performing around your ROI goals, you can use MAI or performance reports to adjust to find the perfect mix for your business.
Remember: a $.05 doesn’t guarantee significant traffic, you could be missing out on a lot of opportunity. Take a look at the functionality in MAI, run a few performance reports to see where you stand, and optimize away!
Best of luck,
Kim
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