But when you cluster say 15-20 tightly themed keywords into just one Adgroup, what do you feel is the least time consuming and most efficient way to track these Adgroups and where to make a note of any keyword bid changes?
This is the only real area of my Adwords account that I feel I could improve a lot on, so any suggestions of how you maintain clustered Adgroups would be very much appreciated. The only way I'm thinking at the moment is just to note in software such as Excel, the bid change and when you did it (when I decrease bids I do so by 10-15%).
Is Bid Management Software the way to go for these?
Currently this is not possible, it's just something I would like to see.
Programs that allow you to give more than 1 tag to an item are the best in my opinion as it gives you multiple ways to analyze your data.
Without using a bid-management application, you could hack around in Excel or a db, to keep a record of what adgroups/keywords belong to your virtual groups, then summarize the data using Pivot-tables or SQL. Pretty manual process, but it can be done.