That is way too high...My monthly average for those clicks are .11, and lifetime is .14. The cost per click for the ad is set at .15.
Anybody know what is going on? I sent tech support an email curious to know why I'm being overcharged. I paused the content advertising until I know what is going on...
Max CPC $0.50
Actual Search CPC $0.30
Actual content CPC $0.35
There shouldn't be anything charged higher than the max CPC at the keyword level, however if bids have just been lowered and the time period for which stats are viewed goes back farther than that it will take time for the avg CPC to drop.
[edited by: skibum at 3:43 pm (utc) on May 17, 2005]
I'm paraphrasing an AdWords support email here, since it is pretty clear - so showing it in quotes:
When determining the exact CPC for clicks on contextually-targeted ads, Google looks at the content of a page and selects the keyword from your Ad Group that is most relevant to the page concepts. The system then ranks your ads with other relevant ads, and displays these as it would on Google.com. When a user clicks on your ad, you will be charged for a click on the single keyword that our system determined most relevant to the content of the page.
AWA