Divining the Importance of a PPC Bid
Goldilocks Syndrome or How to Find the Porridge that is Just Right
Most companies we talk to spend their time coming up with keyword lists and writing ads. But when it comes time to setting bids, they either don’t have the time or knowledge to come up with the best bids.
A typical account we look at has set the same bid for almost all of their keywords (with maybe a handful of higher bids for super important keywords). They randomly pick how much they think a click should cost and then wait for Google to perform. Usually anger ensues if performance does not occur immediately.
Let’s analyze what happens to accounts that don’t have an optimal bid established for their keywords.
What is the cost of a bid that is too low?
Interestingly enough, a bid that is…
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