Questions

Hi everyone, Campaign: Search Keyword Planner Competition: Low Keyword Planner Estimated Bid: $20 Actual Ads when searching on Google: No Ads So this is quite a unique situation for me, those keywords have no competitor ads shown in the targeted area(checked with Google location changer). I guess, Google applied the Ad Rank Threshold to decide a high bid for that keyword, because those search terms belong to a new trend and are highly commercially valued. I did a total of $100 test to be statistically significant for the CPC results, but it doesn't look to be less than $1.5. On the other hand, the conversion rate is around 5-7%. But with my AOV being $64, I need to lower my CPC to keep a positive ROAS. I can do some product-wise changes such as bumping the price up or adding some upsell to the order. But what about keeping the offer the same and doing some revising on advertisement? I would like to hear your thoughts about the advertising-side. What would be your next move in that situation? Thank you for your suggestions!

Target ROAS is the bidding strategy where Google Ads will set your bids to maximize conversion value based on the return you want from your ad spend.
You can read more here: https://adespresso.com/blog/google-ads-bidding-strategies/
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 3 years ago

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