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Target Impression Share vs. Manual CPC Bidding Strategies Guide Part 4
John talks about his least favorite bidding strategy and the bidding strategy that’s great for lead generation, placement, and a whole lot of other things that can help scale your business.
In Part 3 of our Bidding Strategies Guide series, John discusses Target impression share and Manual CPC bidding. He shares when and how to use them, including:
-The lessons and strategies he learned after sacrificing ROAS for placement with Target impression share bidding
-Placement is key but you don’t always have to be number one
-The difference between Manual CPC with and without Enhanced CPC
PS: This Bidding Strategies Guide series is from an internal Solutions 8 training. And we’re sharing everything with you, our dear subscribers, to show our gratitude for the overwhelming support you’ve given us. We value you and your growth with Google Ads. 🖤💚🤍
0:00 Intro | Target Impression Share vs. Manual CPC: Bidding Strategies Guide Part 4
0:44 Why Target impression share is John’s least favorite bidding strategy
3:13 When to use Target impression share bidding strategy
4:30 Manual CPC is great for lead generation
6:03 Is it better to use Manual CPC with or without Enhanced CPC?
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Transcript
Try using it maximize conversions instead of target search depression chair.
john:A lot of times you're gonna see more conversions and the same placement.
john:This is actually one of my least favorite fitting strategies.
john:So we've sacrificed our global row as to get a first placement on the last
john:part of the journey that we generated.
john:Cuz we didn't show up this one's great for lead generat.
john:It's also great for placement.
john:It's also great for testing.
john:It's also great for tons of things.
john:I love manual.
john:So sometimes when you're thinking about this holistically, we sometimes
john:narrow our focus into, okay, we know we need a place hybrid for brand.
john:I ask everyone to actually take a step back and say, well, why
john:target search impression share?
john:Well, actually what used to be called target search impress share.
john:And now it's just called target impression share.
john:This is actually one of my least favorite.
john:Bidding strategies only because it doesn't take into consideration conversions and is
john:simply going to try to get you placement.
john:The bad part is though it doesn't work very well and it's less
john:effective than manual, but also the most of the time that we use this
john:is when we have a brand campaign.
john:When we run a brand campaign, a lot of times we choose
john:target search, press share.
john:We hit like a hundred percent.
john:We'll pay up to $4 to get there.
john:And , we're getting close.
john:My opinion though, is where you've, nailed your placement.
john:You've diluted the brand conversion value brand is the easiest to
john:get converted value and brand.
john:A lot of times is conversions.
john:You've driven from your other campaigns.
john:They came back through the.
john:So sometimes when you're thinking about this holistically, we sometimes
john:narrow our focus into, okay, we know we need to place high for brand.
john:I ask everyone to actually take a step back and say, well, why take a,
john:actually a more of an approach of, I need to make most money for my brand.
john:I don't really care about placement.
john:There will be people out there that just say, no, no, no.
john:Oh my gosh.
john:I need to place number one for my brand name that that's gonna happen.
john:Bar client that sells pet medications for high amount of money.
john:They like that placement.
john:Obviously there's a good reason though, is because we have a competitor to spend
john:six times more bidding on our brand name and it's going to eat our lunch.
john:If we're not number one, there's reasons to be number one.
john:Absolutely.
john:However, I'm still using manual for that.
john:Still using manual for that client not using target search brochure.
john:One of the reasons is I need to spend $9,000 a day and it was gonna take
john:seven days for me just to work back up to the AK that I was at a manual target
john:search brochure takes time to adjust.
john:So just know that every you automated being strategy
john:takes time to adjust manual.
john:Doesn't it's not automated, but target search brochure.
john:I like the least, because here's what's gonna happen.
john:We warmed up traffic that it's gonna.
john:On the brand name, but because I placed so much emphasis on placement, I've wasted so
john:much money that I didn't get that return traffic that came into direct or organic,
john:or I may have missed it in Google ads.
john:And now my Roaz globally looks bad.
john:So we've sacrificed our global Roaz to get a first placement on the last
john:part of the journey that we generated.
john:cuz we didn't show up.
john:Back target search fresh share is fine for me.
john:If you are not limited by budget at all on your brand.
john:If you maxed out your brand campaign budget, who cares that manual or target
john:search fresh share, doesn't matter.
john:You're gonna be number one all the time for everybody.
john:Perfectly great.
john:That's fine.
john:But if, you're not maxed out on your budget, I would choose
john:maximize conversions or maximize even conversion value for your brand
john:campaign, because you are gonna bring down your cost requisition.
john:So ridiculous that your overall account's gonna look great, but you've also can
john:identify in the click, pass that after you've warmed up that traffic after five
john:touch points, maximize conversions bit aggressive for that person and nailed the.
john:Don't stop 90% of the way by just saying like, well, , what's my brand.
john:And so, Ugh, I just have to have high placement and get less clicks because
john:I'm paying $8 a click rather than two.
john:So target search pressure.
john:We typically use different brand try using it, maximize conversions
john:instead of target search ion chair.
john:A lot of times you're gonna see more conversions and the same placement cuz
john:maximize conversions is aggressive.
john:It's just gonna go to that top placement, but it's also going to focus on convers.
john:So make sure that you can at least just kind of tie the end of the story together
john:that you built for the client by not necessarily just hiding at the last step.
john:It's good and more note manual CPC.
john:This one's great for lead generation.
john:It's also great for placement.
john:It's also great for testing.
john:It's also great for tons of things.
john:I love manual CPC.
john:When you set a manual CPC, there's two things that you can choose.
john:Manual CPC with enhanced manual CPC without enhanced manual
john:CPC with enhanced will go over.
john:Your set CPC.
john:It just be over 250%.
john:Now it's like, , whatever Google wants, you can set $10 bid and
john:get a $48 click that will happen.
john:So know that when you are testing manual CPC with enhanced
john:CPC, This is not a glitch.
john:I'm interrupting because I need to remind you that I'm always looking
john:for people to join our team.
john:So if you're passionate about Google ads and you wanna work with the best
john:Google ads agency on the planet, please go to so late.com/apply.
john:Speaking of working with the best Google ads agency on the planet, if you're having
john:trouble with Google ads and you want professional help, that's what we do.
john:You can go to.
john:So lake.com that's S O L eight.com to apply for your
john:free no obligation action plan.
john:And if I've.
john:Any level of value at all.
john:Maybe think about giving me a thumbs up and subscribe your channel.
john:That's how we choose the YouTube algorithm.
john:So they actually know that I know what I'm talking about.
john:If you have questions, comments, concerns, or confessions hit
john:me below in the comments.
john:And now back to your regularly scheduled program, whether it's focusing on
john:conversions or conversion value, it'll still sometimes be too aggressive.
john:It's kind of like maximize conversions.
john:You just set the minimum.
john:It can go down to essentially.
john:So manual CPC without enhanced, a lot of times is a better way to use manual.
john:Because you are not going to allow maximize conversions to kick
john:in shooting your bid too high.
john:So understand the manual is very, very high controlled.
john:It's not conversion and audience based without enhanced with enhanced
john:it's audience based and it's conversion focused without enhanced.
john:It's just placement period.
john:How much do you wanna.
john:For a potentially relevant or irrelevant user or to be placed
john:in that area that you wanna be in.
john:So that's where manual CPC is good and bad.
john:A lot of times we usually just throw on manual.
john:We're like, yeah, just toss on enhanced.
john:It'll take care of any mistakes that I made because I've been too
john:low or a bit too high, enhanced will enhance will control it.
john:Well, now you're using maximize convergence pretty much.
john:So just know that if you actually really wanna use manual, leave enhanced off.
john:If you wanna set manual and say, Hey, I need to be at least number
john:three on the page, but I can go higher, then leave enhanced on.
john:But if you're like, Hey, I need to be, , at least three on the
john:page, but I don't wanna spend too much leave it enhanced off.
john:Just know that, that little ticker right here, this one basically
john:turns on maximize conversions.
john:But it won't start too low.
john:It'll say, Hey, okay.
john:We need to spend at least 15, but I can go up to a thousand for my click.
john:Turning this off means, Hey, I can spend 15.
john:It will not go up to 16.
john:This is good.
john:If you wanna test like your own manual version of maximize clicks,
john:start at five and go up to 6, 7, 8.
john:You can't test maximize clicks scenario with enhanced on cuz
john:you're gonna start at five.
john:It's gotta go to 12.
john:You're like, well, crap.
john:Now manual's not manual anymore.
john:It just started at where you wanted it.
john:So I like manual CPC.
john:Typically.
john:I like it first search campaigns because I can place myself where
john:I need to be visible for a person that's doing a very specific search.
john:So like for us, if we wanted to show up for like best PPC agency or best
john:Google as agency, I'm not spending the highest amount I could, I'm spending,
john:I'm starting, I think at like 45.
john:Dollars a click and that $45 a click is getting us as example here.
john:So you say best PBC agency.
john:We're here.
john:If I wanna spend 80, I'll be above black propeller, but I can get two
john:clicks here for my one click here.
john:I get more volume for my same daily aspect.
john:Perfect.
john:So just know that when you're running the.
john:When you're running a manual CPC with enhanced, I can actually sometimes
john:place number one, if I get the expensive click, but I might get a conversion.
john:So manual CP is really, really good for that hot top place.
john:But if I was on maximized clicks, I would be down here and I may never actually
john:even go higher because there's enough traffic down here to get me clicks.
john:So that's, where manual is really, really good is the good placement
john:that, you know, and just everyone asks themselves, honestly, if you've ever
john:searched for anything in your life.
john:And if jumped right down to the bottom of the page said,
john:this is where I'm gonna start.
john:Doesn't happen.
john:So know the manual CPCs, really good to get that good brand
john:awareness on keywords that you want.