10. 1. CPA is calculated by dividing the total cost of
conversions by the total number of
conversions.
2. Use only if all costs for products/services are
equal.
CPA: Cost per Acquisition
11. 1. CPV is the total value of your conversions
divided by the total cost for all the ad clicks that
can be tracked.
2. Use when all margins for products/services are
equal.
CPV: Cost per Value
12. 1. Optimizing for what you really want more of:
PROFIT.
2. Use when products/services have variable
information for each.
3. The best way to measure success and growth.
Optimize for Profit
17. WHAT IS ATTRIBUTION?
FEBRUARY
How do you know where to spend
money to improve performance?
Where are you looking
to know how your
PPC is performing?
18. AN EXAMPLE
Last click
Last ad
click
Cross
device
Last ad
click
Cross
device
Phone
calls
Off-line
Last ad
click
Cross
device
Phone
calls
$1,000
$2,000
AttributedRevenues
$1.00
Max cost per click
based on 10% cost of
revenue target;
1% conversion rate
$2.00
$1.75
$1.55
$1.35
MaxCPC
Google
Analytics
Google AdWords
(all-conversions)
20. LAST CLICK
Direct response companies
Want to know what ‘closes’ the sale
Non-direct last click:
Similar to last click, if many users return directly to
your site for the conversion; this measures the last
actual channel/click for the close.
21. FIRST CLICK
Which source is generating new prospects.
Useful to determine where to spend more time with
branding efforts.
22. LINEAR
Long sales cycles. What is pushing the user
forward?
Before removing a channel; see if it’s contributing.
23. TIME DECAY
Focused on both awareness and sales.
Helps value the middle clicks pushing a user
forward.
24. POSITION-BASED
Every interaction gets some credit, but we
focus more heavily on what brought a
customer to your site and what closed them
Personal favorite for the majority of my
clients as it’s not to extreme on any front
37. KEYWORD EXPANSION
Converse red shoes
white shoes
red shoes
black shoes
comfortable shoes
inexpensive shoes
high top shoes
{KeyWord} list
Converse red shoes
Add converting search terms to your keywords
38. MARKET EXPANSION HOW TO
In AdWords, select a campaign
1
Go to the Keywords Tab, click the
‘Search Terms’
39. MARKET EXPANSION HOW TO
In AdWords, select a campaign
1
Go to the Keywords Tab, click the
‘Search Terms’
2 Add the Conversions Column and sort by it
40. MARKET EXPANSION HOW TO
In AdWords, select a campaign
1
Go to the Keywords Tab, click the
‘Search Terms’
2 Add the Conversions Column and sort by it
3
Add any search terms that resulted in a
conversion as exact match keywords
41. MARKET EXPANSION HOW TO
In AdWords, select a campaign
1
Go to the Keywords Tab, click the
‘Search Terms’
2 Add the Conversions Column and sort by it
3
Add any search terms that resulted in a
conversion as exact match keywords
4
Make new exact match keyword a negative in
the ad group it came from
49. Now which website visitor is worth the most?
A B C
New visitor
Returning with item in cart
Visited within 7 days
Past customer
Returned after 30 days
51. 3 PILLARS FOR
AUDIENCE
SUCCESS
Identify:
Find your most valuable online
audiences by using client data
plus Google insights.
Re-Engage:
Convert and retain customers
that already know you
Expand:
Grow your marketing to reach
new customers at all stages in
the purchase funnel.
52. AUDIENCE INSIGHTS REPORT
Interests + Intent
Demo + Device
New Customers
to Target
Available Reach
Action
Using your
remarketing
lists, you can
determine the
audience
composition of
your users
53. Increasing customer
retention rates by
just 5% increases profits
by 25% to 95%1
KEEP EXISTING CUSTOMERS AND GAIN NEW ONES
Attracting a new customer
costs five times as much
as keeping an existing
one2
Source: 1
Bain & Co Source: 2
Lee Resources 2010
54. INCREASING BIDS CAN LOWER CPA, WHILE GROWING CONVERSIONS
Similar
Audience
conversions
RLSA
conversions
Customer Match
NEW TOTAL
Baseline
conversions
Incremental
conversions
55. INCREASING BIDS CAN LOWER CPA, WHILE GROWING CONVERSIONS
Increasing bids for audience lists increases ad rank and grows conversion
volume, which can result in a lower CPA
Lists Bid CvR CPA
Baseline
Similar to All Visitors
All Visitors list
All Customer list
Converters list
$1.00
$1.05
$1.10
$1.15
$1.20
1%
1.5%
2%
2.5%
3%
$100
$70
$55
$46
$40