Bid Strategy
Definition:
A bid strategy defines how much and how often you’re willing to pay for a click, impression, or conversion in an ad auction.
Why it matters:
Choosing the right bid strategy impacts delivery volume, cost efficiency, and ROI. Platforms offer both manual and automated options.
Common types:
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Manual CPC
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Target CPA
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Target ROAS
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Maximize conversions
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Enhanced CPC
Best practices:
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Start with automated bidding for testing
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Use manual bidding for high-control campaigns
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Regularly review performance vs. goals