I'm new at this, so please bear with me.
In the Google traffic estimator, when I put in 40 cents as Max CPC for a specific keyword, the Estimated Average CPC is 40 cents, I get an estimated ad position of 1.1 and some estimated daily clicks. If I change the Max CPC to 39 cents or less, I get estimated CPC of zero, estimated ad position zero and zero for estimated daily clicks.
When I do a Google search with my keyword, there are from zero to three ads displayed, typically. I have never seen more than three ads. It seems to me I should have an average ad position of something like 2 or less, even for a max CPC of one cent! If I am happy to appear anywhere on the first page, would a max cpc of one cent do the job?
Anyone have any insight for this?