Are Google’s Automated Bidding Tools a Good Fit for You?

Are Google’s Automated Bidding Tools a Good Fit for You?

Google

Google continues to develop new automated bidding products that make it tempting for businesses to hand over their online advertising to Google. The latest tool is a new automated bidding option for app marketers running Google App campaign, target return on ad spend (tROAS). With tROAS, an algorithm adjusts bids higher to serve ads to people who are likely to spend more after they install an advertiser’s app. As Google announced May 8:

To grow profitably, it’s also important to also consider how much revenue you generate relative to the cost of driving those installs and actions. That’s why, you’ll soon be able to bid on a target return on ad spend (tROAS) so you can automatically pay more for users likely to spend more, and pay less for users likely to spend less. If you’re looking for users who will spend twice as much as they cost to acquire, you can set that multiplier for your tROAS bid, and it will find you the right users accordingly. tROAS will be available next month for Google App campaigns on iOS and Android globally.

I’m not surprised that Google is adding to its arsenal of bid tools. Automated bidding is important to Google. It’s a source of revenue for a business whose growth is fueled by online advertising. And based on Google’s disappointing quarterly financial results announced weeks ago, the company is feeling the pressure to improve ad revenues – which might help explain why we’re hearing more and more about automated bid tools.

Making It Easy with Automated Bid Tools

When a business lets Google handle its online advertising, Google does all the heavy lifting. You tell Google how much you are willing to bid for a keyword, and Google manages the bidding including any modification, a process illustrated here. Ideally, advertisers connect with their most relevant audiences at an optimal price. And Google rakes in revenue.

Google will tell you that automated bidding is a more efficient way to manage your campaign, and indeed Google offers many tools such as machine learning to change bids constantly.

Proceed Carefully with Automated Bid Tools

If you lack the resources and time to manage your online advertising and you want to do it all in-house, then automated bidding can be very tempting. But it’s also important that you keep in mind a few big caveats:

  • When you let Google do the driving for you, you lose control of the ability to modify a bid as your needs change, and you lose control of any targeting adjustments you might want to make.
  • You have to be comfortable that Google is representing you on its own media platform. It’s like telling a TV network to pick the shows to run your ad on and set the price for the ad for you (would you ever do that?) And yet this is the kind of conflict inherent in having Google manage ads on Google. You lose control over the ability to negotiate and set a price while Google represents your interests on its platform – and the outcome may not always be in your best interest.

You can expect Google to roll out more automated bidding tools powered by artificial intelligence, which promise to manage bid modifications more effectively.

Test the Waters

If you’re thinking of testing the waters, I suggest that you test automated bidding on a few campaigns. Don’t give Google control over your advertising right off the bat. During your test, carefully check metrics such as costs per click and costs per action. Are they improving to your satisfaction? If so, test some more campaigns with variable bids. If you decide to move forward with automated bids, then commit to staying on top of these tools so that you can learn about developments that could have an impact on your bidding strategy. Automated bidding sounds easy, but you do need to stay invested in learning as with any technology.

True Interactive has deep experience managing online advertising for clients such as these. We understand the nuances of manual and automated bidding and are happy to help you. Contact us to learn more.

How Snapfish Capitalizes on the Power of Mobile Ads

How Snapfish Capitalizes on the Power of Mobile Ads

Advertising

How do you get a 756-percent return on ad spend? Our new case study about the work we performed for Snapfish will show you. We worked with Snapfish to create ads geared toward mobile over a one-year period. Goals included increasing:

  • Awareness and downloads of the Snapfish app.
  • Purchases via the app.

The campaign reaped major results, such as a 343 increase in revenue from mobile app installs and a 756-percent return on ad spend. Our case study provides even more details.

Mobile Ads Are on the Rise

This work is significant because mobile ads are on the rise. According to a recent Forrester report, between 2017 and 2022 mobile will drive 86 percent of growth in U.S. digital ad spending. In other words, mobile is really drawing the lion’s share of all online advertising.

Mobile Is Its Own Beast

But because of the way people engage with mobile ads, you need to understand how to do mobile right. As Mobile Marketing Association (MMA) research points out, the human brain takes less than half a second to connect with a mobile ad on an emotional level. In MMA’s Cognition Neuroscience Research project, approximately 900 individuals participated in a study in which eye-tracking and EEG monitoring were used to measure what consumers saw—and how they reacted. It took 400 milliseconds on average for consumers to see and react either positively or negatively to 67 percent of the mobile ads they saw. That’s a much faster response than that to ads shown on a desktop.

Mobile ads need to be designed in a format that captures the attention of consumers within 400 milliseconds! It’s imperative for marketers to understand the impact of mobile ads in the first second. We know how to do it right, as our new case study shows. Contact us.

The Super Bowl Is Over — But the Ads Endure

The Super Bowl Is Over — But the Ads Endure

Advertising

The Super Bowl was a super bust.

Super Bowl LIII achieved its lowest ratings since 2008. The game attracted 98.2 million viewers, down from 103 million viewers in 2018 and 111 million in 2017. And the NFL cannot blame a decline in general viewership from the regular season: ratings were up for the 2018-19 NFL season overall. On a positive note, digital viewership of the Super Bowl increased to a record of 2.6 million.

So what happened? Analysts blamed the appearance of two teams that failed to stir strong interest and a defensive struggle that bored viewers (the game was tied 3-3 going into the fourth quarter).

The decline in ratings has caused some to wonder whether it’s worth it for advertisers to spend $5 million on a 30-second Super Bowl ad. Well, I think that’s the wrong question. The real question is how can businesses maximize the lifespan of a Super Bowl ad beyond the big game itself?

If you’ve followed the Super Bowl year after year, you’re probably aware that businesses preview their Super Bowl ads by dropping teaser videos online weeks before the game, thus creating buzz, just like movie trailers do before a movie release. For example, in January Pringles distributed three teaser videos extolling the virtues of stacking different Pringles flavors while watching TV. These videos were accompanied by a PR blitz that resulted in coverage in publications such as Adweek.

And then after the game, companies enjoy a lift from the post-game analysis of Super Bowl ads. Even ads that get panned by critics create attention for their brands. It’s not like viewers are going to read a post-game ad critique in Advertising Age and boycott a 30-seond spot because it got panned. The criticism might pique their interest. Beyond the post-game analysis come opportunities for brands to distribute ads across multiple venues and optimize them for search. And Burger King is using already its socials to maintain public interest in its well-received spot featuring Andy Warhol eating a Whopper.

In a blog post I published February 1, I share how advertisers use digital media to extend the life of Super Bowl spots after the big game. I discuss the importance of brands exercising creative parity, or ensuring consistent messaging across digital and offline channels. As noted above, viewership of the Super Bowl online increased. Does your digital content match what people see on linear TV? Check out my post for more insight. And contact True Interactive to ensure that your digital ads maximize their value.

Welcome to True Interactive!

Welcome to True Interactive!

Marketing

By Kurt Anagnostopoulos and Mark Smith

Welcome to a new era!

Today we officially changed the KeywordFirst name to True Interactive.

True Interactive reflects how we have evolved to become a trusted digital marketing partner that improves the performance of our clients. The KeywordFirst name served us well for many years and reflects our search roots. At the same time, over the past few years, we’ve been helping clients solve problems that extend beyond search, such as:

  • Managing digital advertising campaigns, including mobile.
  • Developing paid social strategies.
  • Managing analytics programs.

Analysts such as Clutch have noticed our evolution. In 2017, Clutch named KeywordFirst a leader in both pay-per-click advertising and all-around digital marketing — and then in 2018 as a leader for Chicago-based internet marketing services agencies. We received especially high marks from clients for the quality of our work and partnering style, as noted here.

Search is as strong as ever and remains one of our core skills. In fact, our broader experience with digital marketing has made us better at search. And now the True Interactive name reflects our present and future.

Our people and our culture remain the same. We’re as dedicated as ever to delivering results with complete transparency. True Interactive will continue to build our brand through the strength of our talent, client relationships,  and ideas for shaping the future of performance-based digital marketing.

We are excited for what the future holds!

— Kurt and Mark

Research Firm Clutch Ranks True Interactive a Leader for Internet Marketing

Research Firm Clutch Ranks True Interactive a Leader for Internet Marketing

Marketing

I am pleased to announce that True Interactive been ranked by research firm Clutch as a leader among Chicago-based internet marketing companies. The ranking marks the third time Clutch has evaluated True Interactive as a leader in 2017-18 – including the categories of Chicago-based digital marketing and pay-per-click agencies.

The ranking validates our evolution from search specialist to marketing partner. True Interactive is the independent alternative to large agencies.

The Clutch report is especially meaningful for two reasons:

1 The evaluation is rigorous and objective

Clutch is an independent a business-to-business research firm. The company evaluated and ranked Chicago-based internet marketing agencies using a proprietary research methodology that incorporated factors ranging from the agency’s market presence to client reviews.

2 The ranking is based largely on input from clients

True Interactive’s clients provided strong reviews of our capabilities and work style. Here is a sample of the input:

  • “They excel in attention to detail and are personally invested in our success” — a luxury resort provider.
  • “It’s been nice to know that we can have a partner that will adapt to us and not charge extra for every little item” – home improvement company.
  • “Their learning process has been continuous, and they’ve never taken the one-size-fits-all approach for us” – retail company.

Clutch’s research also noted the breadth of True Interactive’s skills in areas such as digital strategy, social media marketing, and pay-per-click advertising. The complete True Interactive profile, including client reviews, is available here. In addition, here are all the companies ranked.

True Interactive is proud to be a trusted partner that builds brands through digital. We are working hard to earn the kind of feedback that our clients have provided Clutch. Contact us to discuss how we can help you improve your digital performance.