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Google Ads Strategy When Taking Over a Failing Campaign Part 1
John Moran analyzes a failing campaign in this live internal training with the Solutions 8 team. Listen to this episode as he thoroughly examines the campaign's performance and suggests ways to turn it around.
In the first part of this two-part series, he shares the actions Google Ads strategists or managers should take when taking over an account. He assesses the account metrics and strategies applied to the campaigns. He then suggests strategies to improve performance and emphasizes the importance of generating demand.
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Transcript
I can't generate demand.
2
:That's not what PMAX does best.
3
:So it's simply just attributes.
4
:It's not going to be able to attribute
as high of a row as it did before.
5
:This actually has nothing to
do with actual backend metrics.
6
:This is just the audience.
7
:It can go after how valuable was it?
8
:How warm was it?
9
:And where did it come from?
10
:We all don't have any answers
to that just as of yet.
11
:When we take over a campaign,
two things will take place.
12
:One it is previously probably used to
remarketing, especially with, and we
13
:don't know the levels though of meta.
14
:What is, we have access to GA4?
15
:Yep, we do.
16
:What is the volumes between social and
paid, search look like for last 30 days?
17
:What I'm going to slightly assume
is that there is potentially
18
:a pay, social traffic as well.
19
:All right.
20
:So we have a three 90.
21
:the highest is from
organic and cross network.
22
:It's not showing anything about social.
23
:Let's do user acquisition.
24
:All We don't know if they're
using any sort of UTMs,
25
:though, inside of paid social.
26
:Yeah, we'll need to see
what he's doing on meta,
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:at least just from a spend level.
28
:because what this is saying, he's not
doing any meta, which I don't believe is
29
:correct, because it could be using landing
pages, that could be doing something
30
:else that we just don't see here.
31
:that's part two, where we'd like to get a
little bit more, a little more data there.
32
:Moving back over to the Google ads point.
33
:Okay.
34
:Yeah.
35
:a couple of things, this campaign here,
is on a steady decline, but they're
36
:fairly equal of costs and conversions.
37
:This is since January.
38
:Now, one thing to note is the conversion
value by cost has fallen below a three
39
:90, right after we took over here at
two 67 and two 80, but this I would
40
:imagine is there, there's a trend here.
41
:That's bigger than what we can see.
42
:this one is going to be a downtrend.
43
:In terms of, is it a seasonality
B R T row as targets have always
44
:been a little bit too high.
45
:This right now at three 90, when we're
getting a two 60 and two 70 is just,
46
:is going to cost some underspending.
47
:So if we look at like the last seven
days and we segment by day, we can see
48
:that with a T row as, and I actually just
put a target here, a target row as this
49
:will tell us what that target row as a
set to, and you'll see that there's a.
50
:This is okay.
51
:Get three 90.
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:And so it's miss.
53
:We got it here.
54
:but because the average is two 80,
it's going to say, the only way to get
55
:up to three 90 is by spending less.
56
:The problem though, is if this
is not doing actual cold traffic,
57
:this thing is just going to react
to demand, not generate demand.
58
:And just drag itself down with it.
59
:this one here is at a also three 90.
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:and there would be remaining products.
61
:Sometimes it will hit it.
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:Sometimes it will not.
63
:but because the average
on last seven days, 3.
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:24, where a time lag is two days.
65
:it's going to cause also an additional
underspend, but what we don't know
66
:is what was PMX doing before we know
that it had a bunch of remarketing
67
:audiences and we know that it can
take credit for any touch point.
68
:And because this may have.
69
:Taken all of our warm traffic
and simply just removed it.
70
:It's not going to be able to attribute
as high of a row as it did before.
71
:This actually has nothing to
do with actual backend metrics.
72
:This is just the audience that
can go after how valuable was it?
73
:How warm was it?
74
:Where did it come from?
75
:We all don't have any answers
to that just as of yet.
76
:So this is essentially saying
take all the warm traffic out,
77
:but still get me what you used to.
78
:It says, I can't generate demand.
79
:That's not what PMAX does best.
80
:So it's simply just at atrophies.
81
:usually I would say drop that T
ROAS goal, but because the client
82
:is only going to measure us by
in app T ROAS, can do two things.
83
:One, have long, hard conversations
with the client by saying, here's
84
:why you hired us and what we can do
and how we can grow your business.
85
:Or two, acquiesce to his requests
and simply throw in brand and
86
:remarketing audiences, existing
customers, and just fluff that up
87
:until his business maybe stabilizes or.
88
:Dies, but it's going to
be heavily on that too.
89
:Yeah.
90
:he'd be totally willing to have
that, do this or things go down
91
:the tubes real fast conversation.
92
:Cause he's he, I just didn't
like, I was covering for any while
93
:she was gone with family stuff.
94
:And he basically just emailed us
Friday or Saturday and said that.
95
:he's already in the position where they
have to make a decision about whether or
96
:not they want to even keep going or not.
97
:So it's better to have
the hard conversation now.
98
:Yeah.
99
:Yeah.
100
:And I think we don't have any sort of
metrics on CAC or all the other stuff.
101
:that's where we'll definitely want
to say, Hey, that's the one thing
102
:to know with everyone is P max not
always rarely, generates demand.
103
:it will capture.
104
:very well.
105
:Will it generate demand?
106
:Not as often.
107
:It's just a good rule of thumb to think
about when you're developing a strategy
108
:is will this generate demand or will
it react to demand on a downtrend of a
109
:business and in a campaign that won't
react or won't generate demand that's
110
:where you start to see that kind of like
pushing rope thing where it's just going
111
:to slowly decay from 100 down to 30.
112
:As the client's volume dies off, at these
levels here, it's hard to pay our own fee.
113
:So those are the thing is, always just
keep that in the back of your mind,
114
:which is, are we able to generate demand?
115
:Not maybe necessarily
the standard shopping.
116
:We only spend a hundred bucks.
117
:in the last week out of 1000.
118
:So we may be really, we have 95 cents.
119
:So it's okay.
120
:like these aren't really doing much.
121
:so we do have standard shopping, but
I think by measuring in app, that's
122
:where we chase our tail into submission.
123
:what I would say is.
124
:In order for us to come back
to him and say, Hey, we have
125
:to have the hard conversations.
126
:I would definitely point
to this trend here.
127
:When there is cost, there is conversions.
128
:But since January, you've been
on a slow and steady decay.
129
:If we're looking at chasing
ROAS into the ground.
130
:and chasing ROAS into the ground
means that, even expand this one here
131
:and be like, that is not gonna help.
132
:That chasing row has is where we will
win the battle and you'll lose the war.
133
:So you'll pay us until
you can't pay us anymore.
134
:so that's always that kind of hard
conversations that we would end up in,
135
:but, what we say is looking at, new lead
generation and new client acquisition.
136
:we had to flip this graph.
137
:We have to start to spend up,
restricting it by don't spend unless
138
:you can does not generate demand.
139
:that is reacting to demand and
that's true across every platform.
140
:if you don't spend unless you generate
demand, it's like a car before the horse.
141
:It's Hey, go tell all those
people about this new product.
142
:And they're like, okay, but don't
tell anybody that's not interested.
143
:How how do I introduce with restrictions?
144
:So it's like an oxymoron for Google.
145
:So that means that it'll just
it'll head off into the, there
146
:is not a Forex here, so I will
just stop spending kind of thing.
147
:the detailed part of this is we
don't necessarily know how this has
148
:been trained since, the inception.
149
:which means if we look at all time.
150
:These campaigns have been
trained since June of:
151
:this will take, approximately 90
days to quote unquote relearn.
152
:And they may never really relearn
if we keep the restriction here by
153
:saying, don't learn, So it's yeah,
so that's, and again, this isn't a,
154
:this is me, not me beating it up.
155
:it was me just saying here's some
good ways to think about this with
156
:when we go to the client and say,
Hey, Nfroez is cool, but, we're
157
:using omni channel campaigns in a.
158
:A known omni channel marketing
platform, which is your business.
159
:And we don't know where
these are coming from.
160
:We know we can generate demand, but if
this actually can head in the really
161
:right direction, if they spike meta or
if meta does better, or if meta is doing
162
:well, this will start to react to that and
it'll look like a really good high rise.
163
:And we've all been privy to that when
people are like, Oh, we spend five
164
:times more than us on meta and they're
increasing spend is doing really well.
165
:And we just ride on those coattails.
166
:That's what PMX will normally do.
167
:but yeah, this is just a good,
I'm glad you brought this one up.
168
:Thank you.
169
:Ready?
170
:I know this is you're like in the
hot seat, but not really, cause
171
:this is never anything personal.
172
:It's just more of how to leverage
Google's, algorithms, I guess I would say.
173
:yeah, the insights reports look good.
174
:the, good non brand cold traffic.
175
:This may actually work really well.
176
:If you just switch this over to
maximize conversion value, honestly.
177
:This could be as simple as that.
178
:the only reason why this is not
necessarily performing is just because
179
:there are two rows restrictions
are too high in a channel.
180
:or in a company known as
Google that doesn't attribute,
181
:completely well, Glenn, what's up?
182
:And, I was actually just thinking of
that just before you said it, what about
183
:changing the, the max conversion value?
184
:Yeah.
185
:Then set up a search for shopping.
186
:YouTube display RLSA, and that
handles all the retargeting.
187
:That's the only Let the PMAC do the
prospecting, theoretically, with no T
188
:ROAS, and then set up RLSA other channels.
189
:And that's exactly right.
190
:The first thing I honestly would do is
just take off the T Row as, see if this
191
:can generate any demand on its own.
192
:If it cannot, because even though,
yes, there is no remarketing signals
193
:in there, it will still do remarketing.
194
:that's something I've proven so many
times with my own campaigns where I'm
195
:like, all right, I'm now suggesting
things that Google is just ignoring.
196
:And then, and sometimes for good reason.
197
:but I think what's interesting
about this is here's the good news.
198
:Is the blue line and the
red line are matched.
199
:And that's where I see light at the
end of this tunnel is if the blue line
200
:was like this and the red line was like
that, Oh, but this could be that, if you
201
:flip this graph around and we took off
the T row as, and the blue line and the
202
:red line did this, then problem solved.
203
:Because search terms that
we can see look decent.
204
:Like they don't look bad.
205
:That's what I'm saying is this is not
something I think that is, it's super
206
:specific, like to a really crazy degree,
which is why I think TRO as is doing what
207
:it's doing, it's ha, I found somebody
and then it converts them, we're really
208
:not pushing in areas that were unknown.
209
:So it's like, all right, we got one
conversion from Legrand tango violin.
210
:How many clicks did we get on that one?
211
:One.
212
:that's what t roas is doing.
213
:It's I found a person, and
then, boop, converts them.
214
:Which, okay, good.
215
:It knows people.
216
:How many doesn't know?
217
:We have to find out by
removing that t roas.
218
:And that's when I see this thing
is not that's what I'm saying.
219
:It's not generating demand.
220
:It is reacting to demand with less than 10
clicks and they in any sort of direction.