Welcome! You'll learn a ton here. (I have!)
I should probably mention to those who are new that I'm an 'old-timer' AdWords employee posting here with the kind permission of Brett_Tabke and the Moderators.
Just in the interest of full disclosure. ;)
AWA
I don't ask that sarcastically, but seriously. For those of us who manage huge campaigns across Overture & Google, it's become clear that a) Google's traffic estimator is usually off; and b) that inaccuracy makes it hard to do statistically sound modeling.
What I think would help is to add a column to the estimator that gives the average daily impressions for a keyword (Overture style but then daily). This helps the more experienced members make better estimates as they "know" what kind of CTR's they can expect.
I think the greater question is, Why is the traffic estimator so consistently off in its estimates?
Point well taken.
I don't ask that sarcastically, but seriously.
Thanks for that! I understand that you're sincere, and I appreciate it.
For those of us who manage huge campaigns across Overture & Google, it's become clear that a) Google's traffic estimator is usually off; and b) that inaccuracy makes it hard to do statistically sound modeling.
What I think would help is to add a column to the estimator that gives the average daily impressions for a keyword (Overture style but then daily). This helps the more experienced members make better estimates as they "know" what kind of CTR's they can expect.
I'll pass this feedback on this evening, in the report that I send out each Friday - about what is working for advertisers, and what isn't.
Although I don't have a specific timeframe, I can tell you that work is afoot - and that we can look forward to improvements in the Traffic Estimator.
AWA
I'll often have dozens of phrases say they bring in .1 clicks/day, when actually they bring in dozens.
Good point conroy. The number of clicks you get per day for a keyword is almost entirely dependent on how well targeted the ad is to that keyword - and how well written the ad is, of course.
The Traffic Estimator will have no way of judging this, so I'd take the 'Clicks per day' stat with a grain of salt.
If I thought that a keyword would work well, I wouldn't let the Traffic Estimator 'talk me out of it' with an estimate of low clicks.
IMO, it's best to just try the word, and see how it works.
AWA