PubCon: Modern PPC Strategies

Modern PPC Strategies
Navah Hopkins - Optmyzr
© 2022 Optmyzr Inc. All rights reserved.
@navahf
I Have A Confession…
This Is Version Three Of This Deck
© 2022 Optmyzr Inc. All rights reserved.
@navahf
The Amount Of Changes Lately Have
Necessitated Pivots
© 2022 Optmyzr Inc. All rights reserved.
@navahf
We Are Going To Look At
Three Core Questions
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Questions
● Are Google’s Recommendations Viable?
● How To Balance Suggestions With What’s
Working For You Now?
● What Does A Healthy Account Structure Look
Like?
© 2022 Optmyzr Inc. All rights reserved.
@navahf
About Me
● 15 years in digital marketing
with experience in SAAS, in-
house, and agency.
● Board member of PSA,
Foxwell Founders, judge for
digital marketing awards, and
regular contributor to SEL, SEJ
and others.
● Pet mom, gamer girl, and
metal fan
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Are Google’s Recommendations
Viable?
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Performance Max Is
Here To Stay.
Google Recommends
Pairing With Traditional
Campaigns
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Earlier This Year We Tested Removing All But PMax
© 2022 Optmyzr Inc. All rights reserved.
@navahf
It Did Not Go Well
32%
Spend Increase
41%
Fewer
Conversions
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Both PMax and Traditional Need Placement
Exclusions & Audience Feedback
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Heed Google’s Recommendation: PMax
Needs Traditional Campaigns To Learn From
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Traditional Campaigns Are Subject
To:
Match Types
Audiences
Negatives/Exclusions
© 2022 Optmyzr Inc. All rights reserved.
@navahf
I Have Always Given Broad the Benefit Of The
Doubt
© 2022 Optmyzr Inc. All rights reserved.
@navahf
We Wanted To See If Broad Match Has Really
Improved Enough To Justify The Mass Migration
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Spoiler Alert: Broad Match Betrayed Me
© 2022 Optmyzr Inc. All rights reserved.
@navahf
2637 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Lack Of Negatives + Creative Mismatches =
Sad Prospects
© 2022 Optmyzr Inc. All rights reserved.
@navahf
2637 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Value Rules Can Help Mitigate These ROAS
Losses
© 2022 Optmyzr Inc. All rights reserved.
@navahf
2637 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Your CPA Is Tied To Primary vs Secondary
Conversion Actions
© 2022 Optmyzr Inc. All rights reserved.
@navahf
2637 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Be Mindful About How Much
Spend Is Going To Variants 56.21%
average
visible spend
© 2022 Optmyzr Inc. All rights reserved.
@navahf
2637 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Different Markets Will Have Different Margins
Be Sure You’re Only Opting Into The Markets You
Intend
© 2022 Optmyzr Inc. All rights reserved.
@navahf
For As Much As Broad Match Has Improved,
It’s Just Not As Viable As Exact
© 2022 Optmyzr Inc. All rights reserved.
@navahf
If You Use Broad,
You Must Couple It With Smart
Bidding
&
Aggressive Negative Keywords
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Value Based Bidding & ROAS Is At The Heart
Of The Algorithm
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Some Are
Hesitant To
Adopt Value
Based Rules
Due To Not
Having An
Exact
Customer
Value
© 2022 Optmyzr Inc. All rights reserved.
@navahf
1334 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
1334 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
1334 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
1334 accounts with spend and
conversion data in Q1 2023
© 2022 Optmyzr Inc. All rights reserved.
@navahf
You Are Hurting Yourself By Not Leveraging
Value Based Bidding
© 2022 Optmyzr Inc. All rights reserved.
@navahf
This Will Be Easier To Do If You
Factor In
Locations & Audiences
Into Your Conversion Settings
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Say Yes To This Google Recommendation:
Max Conversion Value Wins
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Upload Conversion Data To Benefit From
Conversion Based Audiences
& Trust Reporting
© 2022 Optmyzr Inc. All rights reserved.
@navahf
It’s Hard To Let Go Of Control…Which Is Why
Many Resist Google’s Recommendation To
Avoid Pinning Ad Copy
93,055
Responsive
Search Ads
© 2022 Optmyzr Inc. All rights reserved.
@navahf
The Answer Lies In Compromise
93,055
Responsive
Search Ads
© 2022 Optmyzr Inc. All rights reserved.
@navahf
DKI & Customizers Aren’t As Viable Anymore
432,343
ads
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Heed This Recommendation:
Creative Control Can Get In The Way Of Profit
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Balancing Suggestions With What’s Working
© 2022 Optmyzr Inc. All rights reserved.
@navahf
There Are Many Thought Leaders Telling Us
Which Strategies To Follow
© 2022 Optmyzr Inc. All rights reserved.
@navahf
It Can Be Frustrating To Hear Conflicting
Information From Trusted Sources
https://www.searchenginejournal.com/digital-marketing-tells/334737/#close
© 2022 Optmyzr Inc. All rights reserved.
@navahf
If You Want To Test A Strategy Pick A “B”
Level Campaign/Part Of Your Business
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Considerations Campaign A Campaign B Campaign C
Cost Seen as
investment
because of
profitability
Needs to prove
itself
Often seen as
waste or struggles
to spend at all
Priority Highest priority
campaign due to
profit/customer
type
Mid priority Low priority
Risk Tolerance Risk Averse: All
Tests run in other
campaigns first
Risk Tolerant:
Home of Tests
Risk addict:
Anything and
everything is fair
game
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Set Clear Expectations Of What You’re Hoping
To See Out Of The Test
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Any Restructure You Do Will Have A 30-60 Day
Down Time On Performance
© 2022 Optmyzr Inc. All rights reserved.
@navahf
If You Disagree With A Strategy, You’ll Likely
Find Fault Early.
Give Yourself Time To Truly Test
© 2022 Optmyzr Inc. All rights reserved.
@navahf
You May Want To Exclude Some Conversion
Data During The Testing Periods
© 2022 Optmyzr Inc. All rights reserved.
@navahf
What Does A Healthy Account Structure
Look Like?
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Spoiler Alert: There Is No One Size Fits All Ad
Account Structure
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Tenet #1: PMax Should Play Some
Role In The Account
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Build Multiple PMax Campaigns Rather Than
Making One All Encompassing One
Budget Allocation Behaves
The Same As Ad Groups
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Tenet #2: Campaigns Should Only Be
Asked To Support One Strategic
Objective
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Be Careful Around Location and Bidding
Settings For New Campaigns
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Tenet #3: Exclusions Are Just As
Important As Targets
© 2022 Optmyzr Inc. All rights reserved.
@navahf
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Tenet #4: Match-Types Matter More
Than We Thought,
But Shouldn’t Be The Strategic Focus
Of The Campaign
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Build Campaigns Around Objectives Or You’ll Get
Hit With Privacy First Data Holes
56.21%
average
visible spend
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Tenet #5: There Is No Perfect
Campaign
© 2022 Optmyzr Inc. All rights reserved.
@navahf
Be Empowered To Use Experiments And
Test Wild & Crazy Ideas
SUBSCRIBE WEBSITE SUPPORT PODCAST FOLLOW
Thank You! Questions?
Navah Hopkins
navah@optmyzr.com
@navahf
1 of 64

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PubCon: Modern PPC Strategies

  • 1. Modern PPC Strategies Navah Hopkins - Optmyzr
  • 2. © 2022 Optmyzr Inc. All rights reserved. @navahf I Have A Confession… This Is Version Three Of This Deck
  • 3. © 2022 Optmyzr Inc. All rights reserved. @navahf The Amount Of Changes Lately Have Necessitated Pivots
  • 4. © 2022 Optmyzr Inc. All rights reserved. @navahf We Are Going To Look At Three Core Questions
  • 5. © 2022 Optmyzr Inc. All rights reserved. @navahf Questions ● Are Google’s Recommendations Viable? ● How To Balance Suggestions With What’s Working For You Now? ● What Does A Healthy Account Structure Look Like?
  • 6. © 2022 Optmyzr Inc. All rights reserved. @navahf About Me ● 15 years in digital marketing with experience in SAAS, in- house, and agency. ● Board member of PSA, Foxwell Founders, judge for digital marketing awards, and regular contributor to SEL, SEJ and others. ● Pet mom, gamer girl, and metal fan
  • 7. © 2022 Optmyzr Inc. All rights reserved. @navahf Are Google’s Recommendations Viable?
  • 8. © 2022 Optmyzr Inc. All rights reserved. @navahf Performance Max Is Here To Stay. Google Recommends Pairing With Traditional Campaigns
  • 9. © 2022 Optmyzr Inc. All rights reserved. @navahf Earlier This Year We Tested Removing All But PMax
  • 10. © 2022 Optmyzr Inc. All rights reserved. @navahf It Did Not Go Well 32% Spend Increase 41% Fewer Conversions
  • 11. © 2022 Optmyzr Inc. All rights reserved. @navahf Both PMax and Traditional Need Placement Exclusions & Audience Feedback
  • 12. © 2022 Optmyzr Inc. All rights reserved. @navahf Heed Google’s Recommendation: PMax Needs Traditional Campaigns To Learn From
  • 13. © 2022 Optmyzr Inc. All rights reserved. @navahf Traditional Campaigns Are Subject To: Match Types Audiences Negatives/Exclusions
  • 14. © 2022 Optmyzr Inc. All rights reserved. @navahf I Have Always Given Broad the Benefit Of The Doubt
  • 15. © 2022 Optmyzr Inc. All rights reserved. @navahf We Wanted To See If Broad Match Has Really Improved Enough To Justify The Mass Migration
  • 16. © 2022 Optmyzr Inc. All rights reserved. @navahf Spoiler Alert: Broad Match Betrayed Me
  • 17. © 2022 Optmyzr Inc. All rights reserved. @navahf 2637 accounts with spend and conversion data in Q1 2023
  • 18. © 2022 Optmyzr Inc. All rights reserved. @navahf Lack Of Negatives + Creative Mismatches = Sad Prospects
  • 19. © 2022 Optmyzr Inc. All rights reserved. @navahf 2637 accounts with spend and conversion data in Q1 2023
  • 20. © 2022 Optmyzr Inc. All rights reserved. @navahf Value Rules Can Help Mitigate These ROAS Losses
  • 21. © 2022 Optmyzr Inc. All rights reserved. @navahf 2637 accounts with spend and conversion data in Q1 2023
  • 22. © 2022 Optmyzr Inc. All rights reserved. @navahf Your CPA Is Tied To Primary vs Secondary Conversion Actions
  • 23. © 2022 Optmyzr Inc. All rights reserved. @navahf 2637 accounts with spend and conversion data in Q1 2023
  • 24. © 2022 Optmyzr Inc. All rights reserved. @navahf Be Mindful About How Much Spend Is Going To Variants 56.21% average visible spend
  • 25. © 2022 Optmyzr Inc. All rights reserved. @navahf 2637 accounts with spend and conversion data in Q1 2023
  • 26. © 2022 Optmyzr Inc. All rights reserved. @navahf Different Markets Will Have Different Margins Be Sure You’re Only Opting Into The Markets You Intend
  • 27. © 2022 Optmyzr Inc. All rights reserved. @navahf For As Much As Broad Match Has Improved, It’s Just Not As Viable As Exact
  • 28. © 2022 Optmyzr Inc. All rights reserved. @navahf If You Use Broad, You Must Couple It With Smart Bidding & Aggressive Negative Keywords
  • 29. © 2022 Optmyzr Inc. All rights reserved. @navahf Value Based Bidding & ROAS Is At The Heart Of The Algorithm
  • 30. © 2022 Optmyzr Inc. All rights reserved. @navahf Some Are Hesitant To Adopt Value Based Rules Due To Not Having An Exact Customer Value
  • 31. © 2022 Optmyzr Inc. All rights reserved. @navahf 1334 accounts with spend and conversion data in Q1 2023
  • 32. © 2022 Optmyzr Inc. All rights reserved. @navahf 1334 accounts with spend and conversion data in Q1 2023
  • 33. © 2022 Optmyzr Inc. All rights reserved. @navahf 1334 accounts with spend and conversion data in Q1 2023
  • 34. © 2022 Optmyzr Inc. All rights reserved. @navahf 1334 accounts with spend and conversion data in Q1 2023
  • 35. © 2022 Optmyzr Inc. All rights reserved. @navahf You Are Hurting Yourself By Not Leveraging Value Based Bidding
  • 36. © 2022 Optmyzr Inc. All rights reserved. @navahf This Will Be Easier To Do If You Factor In Locations & Audiences Into Your Conversion Settings
  • 37. © 2022 Optmyzr Inc. All rights reserved. @navahf Say Yes To This Google Recommendation: Max Conversion Value Wins
  • 38. © 2022 Optmyzr Inc. All rights reserved. @navahf Upload Conversion Data To Benefit From Conversion Based Audiences & Trust Reporting
  • 39. © 2022 Optmyzr Inc. All rights reserved. @navahf It’s Hard To Let Go Of Control…Which Is Why Many Resist Google’s Recommendation To Avoid Pinning Ad Copy 93,055 Responsive Search Ads
  • 40. © 2022 Optmyzr Inc. All rights reserved. @navahf The Answer Lies In Compromise 93,055 Responsive Search Ads
  • 41. © 2022 Optmyzr Inc. All rights reserved. @navahf DKI & Customizers Aren’t As Viable Anymore 432,343 ads
  • 42. © 2022 Optmyzr Inc. All rights reserved. @navahf Heed This Recommendation: Creative Control Can Get In The Way Of Profit
  • 43. © 2022 Optmyzr Inc. All rights reserved. @navahf Balancing Suggestions With What’s Working
  • 44. © 2022 Optmyzr Inc. All rights reserved. @navahf There Are Many Thought Leaders Telling Us Which Strategies To Follow
  • 45. © 2022 Optmyzr Inc. All rights reserved. @navahf It Can Be Frustrating To Hear Conflicting Information From Trusted Sources https://www.searchenginejournal.com/digital-marketing-tells/334737/#close
  • 46. © 2022 Optmyzr Inc. All rights reserved. @navahf If You Want To Test A Strategy Pick A “B” Level Campaign/Part Of Your Business
  • 47. © 2022 Optmyzr Inc. All rights reserved. @navahf Considerations Campaign A Campaign B Campaign C Cost Seen as investment because of profitability Needs to prove itself Often seen as waste or struggles to spend at all Priority Highest priority campaign due to profit/customer type Mid priority Low priority Risk Tolerance Risk Averse: All Tests run in other campaigns first Risk Tolerant: Home of Tests Risk addict: Anything and everything is fair game
  • 48. © 2022 Optmyzr Inc. All rights reserved. @navahf Set Clear Expectations Of What You’re Hoping To See Out Of The Test
  • 49. © 2022 Optmyzr Inc. All rights reserved. @navahf Any Restructure You Do Will Have A 30-60 Day Down Time On Performance
  • 50. © 2022 Optmyzr Inc. All rights reserved. @navahf If You Disagree With A Strategy, You’ll Likely Find Fault Early. Give Yourself Time To Truly Test
  • 51. © 2022 Optmyzr Inc. All rights reserved. @navahf You May Want To Exclude Some Conversion Data During The Testing Periods
  • 52. © 2022 Optmyzr Inc. All rights reserved. @navahf What Does A Healthy Account Structure Look Like?
  • 53. © 2022 Optmyzr Inc. All rights reserved. @navahf Spoiler Alert: There Is No One Size Fits All Ad Account Structure
  • 54. © 2022 Optmyzr Inc. All rights reserved. @navahf Tenet #1: PMax Should Play Some Role In The Account
  • 55. © 2022 Optmyzr Inc. All rights reserved. @navahf Build Multiple PMax Campaigns Rather Than Making One All Encompassing One Budget Allocation Behaves The Same As Ad Groups
  • 56. © 2022 Optmyzr Inc. All rights reserved. @navahf Tenet #2: Campaigns Should Only Be Asked To Support One Strategic Objective
  • 57. © 2022 Optmyzr Inc. All rights reserved. @navahf Be Careful Around Location and Bidding Settings For New Campaigns
  • 58. © 2022 Optmyzr Inc. All rights reserved. @navahf Tenet #3: Exclusions Are Just As Important As Targets
  • 59. © 2022 Optmyzr Inc. All rights reserved. @navahf
  • 60. © 2022 Optmyzr Inc. All rights reserved. @navahf Tenet #4: Match-Types Matter More Than We Thought, But Shouldn’t Be The Strategic Focus Of The Campaign
  • 61. © 2022 Optmyzr Inc. All rights reserved. @navahf Build Campaigns Around Objectives Or You’ll Get Hit With Privacy First Data Holes 56.21% average visible spend
  • 62. © 2022 Optmyzr Inc. All rights reserved. @navahf Tenet #5: There Is No Perfect Campaign
  • 63. © 2022 Optmyzr Inc. All rights reserved. @navahf Be Empowered To Use Experiments And Test Wild & Crazy Ideas
  • 64. SUBSCRIBE WEBSITE SUPPORT PODCAST FOLLOW Thank You! Questions? Navah Hopkins navah@optmyzr.com @navahf

Editor's Notes

  1. 2637 accounts with spend and conversion data in Q1 2023
  2. https://www.optmyzr.com/blog/optmyzr-study-responsive-search-ad-performance/
  3. https://www.optmyzr.com/blog/optmyzr-study-responsive-search-ad-performance/ 93,055 Responsive Search Ads
  4. 432,343 ads https://www.optmyzr.com/blog/optmyzr-study-responsive-search-ad-performance/