About Lesson
In Google Ads, a bidding strategy is a set of rules or guidelines that determines how much you are willing to pay for each click, impression, or conversion in your advertising campaigns. There are several bidding strategies available, each with its own benefits and drawbacks. Here are some of the most common bidding strategies:
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Manual CPC (cost-per-click) – With manual CPC bidding, you manually set the maximum amount you’re willing to pay for each click on your ads. This gives you full control over your bids, but requires ongoing monitoring and adjustment to ensure you’re getting the best return on investment.
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Target CPA (cost-per-acquisition) – With target CPA bidding, you set a target cost per acquisition, and Google Ads automatically adjusts your bids to try to achieve that goal. This strategy is ideal if your main focus is to drive conversions while keeping your cost per acquisition within a certain budget.
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Target ROAS (return on ad spend) – With target ROAS bidding, you set a target return on ad spend (ROAS), and Google Ads adjusts your bids to try to achieve that goal. This strategy is ideal if you have a specific target ROI in mind and want to maximize the value of your ad spend.
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Maximize Conversions – With the Maximize Conversions bidding strategy, Google Ads automatically sets your bids to maximize the number of conversions you receive within your budget. This strategy is ideal if your primary goal is to drive as many conversions as possible.
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Enhanced CPC – With Enhanced CPC bidding, Google Ads automatically adjusts your bids in real-time based on factors like the user’s location, device, and time of day to try to increase your chances of getting conversions. This strategy is ideal if you want to maximize the value of each click while still maintaining control over your bids.
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Target Impression Share – With Target Impression Share bidding, you set a target impression share for your ads, and Google Ads automatically adjusts your bids to try to achieve that goal. This strategy is ideal if your main goal is to increase brand visibility and ensure your ads are showing up in a certain percentage of searches.