I'm doing some split testing based on colors, fonts, font size, even placement. Both ads have space for 4 ads and are equal in dimension.
the problem is that though the two ads are pretty close when it comes to CTR, the different CPC is making one of them come out on top for CPM/earnings.
I should only look at CPC, shouldn't I? I mean, if one ad has red links and another has blue links, that won't change which 4 ads win the auction, so anything beyond CTR is statistical clutter, isn't it?