Finally starting to get a hold on this adword thing - still would love to spend more money but can't thanks to broadmatch.
jd
Created first week of Oct.
Max CPC 10 cents
Average CPC 7 to 10 cents
This Month CTR 6% to 25%
All Time CTR 4% to 14%
This is leading me to think that CTR is probably the most important factor. I have one term in the group that is the only ad for the term, but doesn't seem to be getting kicked north. It currently has an All Time CTR of 3.9% but in the last week a 7.3%. It looks like an All Time CTR above 5% may be a factor form looking at my current results.
Briefly, AdWords ads can certainly be 'promoted' from the right side to the former Premium spots. The factors considered are, as always, both CPC and CTR. However, the exact algorithm that causes ads to be promoted is not published. I suspect the reasons for this are obvious to most.
And, as noted by many in this forum, the algorithm has been changed recently. In my previous post, I concluded by saying that the algo will most likely continue to be fine-tuned through the end of the year, when the Premium Sponsorship program will end.
At that point, I suspect that more information will be made available. However I do not anticipate the complete algorithm to be announced in detail.
cayenne, I'm sorry your boss is on your case about this. Pehaps have him or her read this post, so they will understand that you are doing your best - but dealing with variables that are not within an advertiser's precise control.