Lifting the lid on Google’s black box to find growth
Proven tactics to uncover the blindspots: Performance Max, CPC inflation and affiliate growth
So, you headed into 2023 with a new pair of running shoes. You set off for your first run but the track was much tougher than you first expected. At the end of your run, you realise that your heart rate remained in the red zone throughout, working you harder than you would have done in perfect conditions.
The morale of the metaphor… When pushed into the unknown, we tend to do quite well.
2023 has been a transformative year, despite its many hurdles. We’ve all experienced budget, growth, and efficiency pressures amidst the challenging economic outlook. At the same time, we witnessed an upsurge in Performance Max adoption, GA4 updates, the launch of Transparency Centre, and the rise of Generative AI.
Despite the transformation, Google’s black box still remains tightly shut.
In this article, we’ll identify some of the common blind spots advertisers are currently experiencing, in three specific areas: Performance Max (PMax), managing Cost Per Clicks (CPCs), and affiliate growth.
Push the Performance Max limits
Performance Max campaigns, introduced by Google in 2021 have transformed online advertising, allowing advertisers to reach audiences across Google's vast network with a single campaign.
Although Performance Max offers significant benefits, challenges still exist due to limited visibility and tracking. This makes regular monitoring, data analysis, and optimization crucial for success.
Here are four tactics that will push the Performance Max limits and bring your campaigns into the light.
PMax campaigns offer the distinct advantage of cross-platform advertising, enabling advertisers to reach diverse audiences and widen online presence.
2. Leverage Smart Bidding strategies
PMax campaigns are intended for pairing with Google's Smart Bidding techniques, utilizing machine learning to refine your bids and budget in alignment with your campaign objectives.
3. Craft captivating and appropriate ads
Much like any other advertising endeavour, the effectiveness of your PMax campaign hinges on the quality of your ads. Develop alluring and relevant ads that strike a chord with your intended audience.
4. Monitor and Enhance Your Campaign
Actively monitor and refine your PMax campaigns to achieve the best results.
For proven tactics to improve precision, visibility, and control in your Performance Max campaigns check out our guide Unlock the black box: Four ways to get more from Performance Max.
Ride the CPC surge
In the midst of Google's ongoing antitrust trial, there has been a notable spike in CPC rates, causing concern among advertisers. This unanticipated shift in Google's advertising landscape has raised questions about its implications and the strategies advertisers must employ to adapt.
Google's opacity regarding pricing adjustments has added to the uncertainty, leaving advertisers speculating about their motives and objectives. Here’s five sure fire ways to ensure that you ride the CPC surge with certainty.
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2. Elevated Ad Quality
Google's commitment to enhancing user experience and ad relevance should encourage advertisers to prioritize the development of quality and relevant ad content. By taking this approach, they have the potential to enhance ad ranking and minimize CPCs.
Adthena's Creative Insights tool empowers you to monitor the creative language employed by your competitors across all your search term groups, providing comprehensive market visibility. This data is invaluable for in-depth analysis, benchmarking, and optimization of every aspect of your ads.
3. Keyword Enhancement
Advertisers should review their keywords and bidding strategies. Prioritizing long-tail keywords and using negative keywords strategically can help monitor ad costs more effectively.
Adthena's Search Term Detail feature provides insights into terms with high competitor presence, along with their volume potential and estimated cost. By recognizing terms that don't align with your strategy or may conflict with other accounts, you can include them in your negative keyword list.
4. Market Insights
Through Adthena's Market Trends report, you can closely monitor trends in CPC, the distribution of spending across different advertising channels, and your competitive market share. This not only helps adapt to Google's pricing dynamics but also empowers you to seize emerging opportunities.
5. Data-Powered Choices:
Relying on data-driven insights, frequent data analysis and performance monitoring is essential to lowering CPCs. Advertisers must vigilantly oversee their campaigns and adapt strategies as necessary to maximize performance and ROI.
Embrace affiliate growth and guard against ad hijackers
Ad hijacking, sometimes known as brand poaching, direct linking, or URL jacking, is the practice wherein affiliates try to mimic a brand's advertising by creating ads that closely resemble the brand's original advertisements. This deceptive approach results in increased conversions and subsequent sales, allowing the affiliate to earn a commission of 5-10% from these transactions. Ad hijacking presents a twofold financial challenge for brands:
So, if you’re experiencing a sudden dip in brand search volume in Google Ads and there are no new competitors appearing in the auction insights report, you may well be a victim of affiliate click fraud.
Adthena recently helped one global hotel brand in identifying 50 fraudulent reservations within two months. The responsible publisher was suspended for seven days, and bookings made during that period were cancelled, saving on commissions.
The potential budget losses from such fraudulent activities can be substantial. For context, detecting 10 such publishers can prevent nearly $10,000 in budget wastage.
Take a 1 minute self-guided tour of Adthena’s Ad Hijacking solution to see how you can stop click fraud in its tracks.
Lift the lid on Google’s black box
As we navigated the challenges and opportunities of 2023, it's clear that the digital advertising landscape is ever-evolving. The story of your challenging first run with new running shoes serves as a metaphor for the transformative year we've experienced. Just as you pushed yourself into the unknown and found that you excelled, advertisers must also adapt and push the boundaries of their strategies to thrive in the changing digital marketing environment.
Trust Adthena’s award-winning search intelligence platform to put you in control of your search strategies, helping you to lift the lid on Google’s black box.
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