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The 4 PPC strategies to focus in March 2023
PPC, or pay-per-click advertising, is a complex and ever-evolving field that requires a deep understanding of the various components involved. From the constantly changing technology and feature enhancements to the tactical tips for effective ad targeting and messaging, there are many different factors that can impact the success of your PPC campaigns.
In this article, we will explore some of the key concepts and strategies that can help you optimize your PPC accounts and reach your target audience more effectively.
- Measurement: Conversion Goals and Analytics Tracking
One of the most important aspects of any PPC strategy is tracking and measuring your conversion goals. As tracking technology becomes more sophisticated, advertisers can track more and more types of actions that users take after interacting with your ads.
Common conversion goals for PPC campaigns include transactions, online contact forms, requests for demos or estimates, phone calls, chat conversions, website engagement, local actions, and custom goals. It is essential to track all relevant actions and continually re-evaluate your goals to ensure you are measuring everything you could be measuring.
- Automation: Managing Smart Settings
While automation options have become increasingly prevalent in ad platforms, it’s essential to understand that automation is not a one-size-fits-all solution. Human PPC managers must guide and monitor automation to make the most of it.
For example, campaigns using smart bidding strategies that consider conversions need to be monitored and adjusted from time to time to adjust Target CPA or Target ROAS. Similarly, smart creatives, such as responsive search ads and responsive display ads, should be reviewed for performance on individual assets regularly.
As part of your PPC strategy, determine which components of your account can be automated, from bidding to creative to using scripts. Then evaluate and monitor the results, comparing them to previous manual campaigns on various data points.
- Ad Types: Ideas to Try or Optimize
PPC ads come in various formats, from text-based ads to image-based ads to video ads. Each ad type has its unique strengths and weaknesses, and it’s essential to understand which type of ad is best suited for your campaign goals.
For example, video ads have seen tremendous growth in recent years, yet many advertisers have yet to jump into this space. YouTube video ads are an excellent way to start testing video ads, and they provide an opportunity to gather data at scale on the targeting and creative that is successful in rolling out to other paid video ad platforms, such as Microsoft video ads.
Responsive display ads can also be a great option for advertisers looking to simplify the creation process while still getting the branding messages they want. These ads dynamically combine headlines, descriptions, and images to fit into any space on the web where your audience is present.
- Targeting: Using Your First-Party Data
With cookies becoming less reliable for tracking user behavior, first-party data has become an increasingly essential targeting strategy for advertisers. Using your in-house data, such as customer lists, enables you to reach those customers again or target lookalikes with your ads.
Customer match is one example of using first-party data to target your ads. You can upload a customer list to the ad platform, and it will attempt to match those customers with known users. This targeting strategy is available on almost all platforms and can be repeated with different strategies for slicing and dicing your data and targeting messages.
In conclusion, PPC is a complex field that requires a deep understanding of various components, such as measurement, automation, ad types, and targeting. By continually re-evaluating your goals, monitoring automation, trying new ad types, and utilizing your first-party data, you can optimize your PPC accounts and reach your target audience more effectively.