We had seen a rise all summer long so this is a nice fall back in trend.
The other thing I have noticed is that with the new .10 minimum for new ads. It might reduce competition. I know it supposedly is not .10 but our new ads seem to satart there reguardless of where they end up.
Also a set of 2 campaigns that are targetted in different ways (local vs national) has swung 180% in how they perform in comparison to each other with nation ads performing much better than they did.
The CTR on some campaigns has increased dramatically.
None of our (or customers') campaigns have had their ave CPC increased. (for now)
Can't get new my new account to take off at all. I'm still fighting the "each term has to build a history as an exact term first" issue.
So I can see that you can't market to impulse buyers. If I had a convenience store, I would put the ad for 'soda' right next to the 'potato chips' rack. If google had something to say about that, I would have to pay dearly to put that ad there. Like I would only be allowed to put ads for other brand chips there.
Anyone have ideas on how to cope with this? Like, I don't sell 'widgits', but I have a 'gadget' that is intended to make widgits work better? I can bid on the name of the gadget, but there's nothing else like it and the name is unique. So customers needing such a thing wouldn't even know what term to search for. So I can only really bid on the 'widgit' term and in the ad text say something like "gadget can make your widgit into a super widgit" or something like that. Doing this makes for 5 dollar clicks. :-(
-Dr.X
Google measures relevance as CTR, so they are not "seeing" you as irrelevant unless you are not getting a good CTR and/or your bid does not make you competitive revenue wise (for google).
Nothing wrong with putting a "soda ad" next to the chips as long as it performs well. But if the "dip" ad performs better they are going to get the space and you won't.
Google measures relevance as CTR, so they are not "seeing" you as irrelevant unless you are not getting a good CTR and/or your bid does not make you competitive revenue wise (for google).
Yes, I get that they don't 'see' my ads, but something must be prompting them to ask for huge bids. Some ads and keywords ran just fine at 5 cents for over a year and had a 3% ctr. I would think that made it an ok ad/keword combo, no? Other keywords I went ahead and took the dollar to 5 dollar hit to see what google would actually charge me. No go. After 3 days with keywords at high costs, (some of those words attaining a 6%ctr WOW) the min. is still high. On one phrase I was asked to bid $1 but they charged me 90 cents. It was putting me in the number one spot so i thought i could lower the bid to 90 cents. it complained and i had to put it back up to a dollar. Thought that was strange.
Nothing wrong with putting a "soda ad" next to the chips as long as it performs well. But if the "dip" ad performs better they are going to get the space and you won't.
Well, I do a search with my keywords and the only other ads i see are other 'chips', so it's not the dip i'm having to compete with, but the chips that have been forced to raise their bids since the new system has been implimented.
I'm thinking I may just have to back completely out. That maybe adwords just isn't going to be worth it for me. Before the new system, i was happy to break even just to get the product and name out to new markets, but now it just costs too much (small profit on my gadget). I think with the new system, you can't make money unless your product has a much bigger profit involved than what I have.
Thanks for the input Nyet.
-Dr.X
Very fortunately, I've noticed little change. My overall average CPC went from a range of .18-.19 to .18-.20 and sales seem to have improved a bit. CTR went from 3.2 to 3.6 which is significant for my most profitable campaign.
Perhaps I should have been more proactive like some wise posters here and I would have been able to cut my CPC, but I suppose it's not too late.
Of about 45000 keywords covering a wide range of products, Google make about 5000 inactive and that # seems to keep going down on its own every day. Of the inactive keywords, 1/3 I would have gotten rid of anyway, 1/3 maybe deserved a slightly higher bid and the other 1/3 were wildly misinterpreted by AdWords as to my meaning and context for them. I've let them be except as I go into AdGroups and say "hey that's a good word, I'll up it".
Sounds like they went by a list which said "gold", okay, very valuable word, even if they were gold t-shirts I was selling (for example purposes only).
patient2all
The only thing that's missing are the kw's that required cpc's way above what was being paid before in order for them to be active. I might seek to reintroduce these this week and see whether they become financially viable again (ie, cheaper).
Syzygy
Site A sells items that range in price from $40-$1400. Most CPC bids are in the 20 cent to a dollar range. With the new changes, I've been able to re-use keywords that had been disabled. Costs are about the same and ROI is up.
Site B sells items that sell of $15-$20. You'd think I couldn't make money with AdWords with this, but I was doing pretty well. Average CPC was 7 cents. If I add a new product and a new AdWords ad for it, I can't buy any keywords in the 7 cents range. If I'm lucky, I can get a very targeted (too targeted) ad for 10 cents, but the most popular keywords are in the 20 cents to 40 cents range. Existing ads for existing products are running about the same ROI, but I can't get new ads to run for new products without paying through the nose, even if there's nobody else bidding on these keywords. I may have to shut this campaign down completely soon.