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6. Strategy Library | Keywords

Updated over a year ago

Let's take a closer look at few strategies in action.

Focus Area: Keywords

Case 1 : Reward Strong Performing Keywords

Strategy to be Adopted : Increase bids on high RoAS terms to grow ad sales

Objective(s)

Improve RoAS

Scope

Keywords

Condition

High RoAS

Action

Increase Bid on Keyword

Priority

High

In this case the bid value for the keyword prior to increased focus on ROAS was $4 and now with the new strategy implementation the new bid value will be $4.4.
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Tip : Always choose Last Bid Change in Condition while updating keywords bids. This ensures a term has accumulated enough data to make further changes.

Case 2 : Pullback on Underperforming Keywords

Strategy to be Adopted : Decrease bids on keywords with high spend and low return to get improved RoAS

Objective(s)

Improve RoAS

Scope

Keywords

Condition

Low RoAS

Action

Decrease Bid on Keyword

Priority

High

In this case the bid value for the keyword prior to increased focus on ROAS was $4 and now with the new strategy implementation the new bid value will be $3.6.

Tip : Set up tiered strategies; for example keywords generating zero sales despite significant spend should be paused and those for generating low returns bids should be decreased and monitored on performance.

Case 3 : Pause Non-performing Keywords

Strategy to be Adopted : Pausing keywords with high spend and low return to get improved RoAS

Objective(s)

Improve RoAS

Scope

Keywords

Condition

High Clicks/Spend | No Sales

Action

Pause Keyword

Priority

High

Tip : Use this to pause keywords with wasteful spend. Set a medium-to-high threshold for clicks/spend to ensure keywords are not paused too early.

Case 4 : Bid Ceiling

Strategy to be Adopted : Control bids on keywords by setting a ceiling bid

Objective(s)

Improve RoAS

Scope

Keywords

Condition

High Bid

Action

Decrease Bid on Keywords

Priority

High

Tip : Use this to control bids by keyword type (Client Branded/Competitor/General). Keep these strategies at the top to ensure the bids never exceed the defined threshold.

Case 5 : Incrementality Bid Adjustments

Strategy to be Adopted : Decrease bids marginally on terms with high organic Share of Voice (SoV)

Objective(s)

Grow Awareness

Scope

Keywords

Condition

High Organic SoV

Action

Decrease Bid

Priority

Medium

Tip : In case of limited ad budget, use this to focus on highest incremental impact terms.

Case 6 : Grow Awareness of Keywords

Strategy to be Adopted : Increase bids on potential keywords which can amount to considerable RoAS

Objective(s)

Grow Awareness

Scope

Keywords

Condition

RoAS > X | Clicks > Y

Action

Increase Bid

Control Action with

Clicks > X

*Action to be taken ONLY when this condition is satisfied

Tip : Add share in Top 3 / Top 10 in conditions and increase bids till Top of Search is won.

Case 7 : Grow Share of Voice on Low SoV Keywords

Strategy to be Adopted : Increase bids on keywords with low SoV to gain incremental visibility

Objective(s)

Grow Share of Voice (SoV)

Scope

Keywords

Condition

Share of Paid Search & Share of Organic Search

Action

Increase Bid

Priority

Medium

Tip : To win top of search, set rules on Top 3 Organic SoV.

Case 8 : Impression Booster

Strategy to be Adopted : Boost bids on terms with no clicks or impressions due to low bids

Objective(s)

Grow Share of Voice (SoV)

Scope

Keywords

Condition

No Impressions | No Clicks

Action

Increase Bid

Priority

Medium

Tip : Set a conservative bid ceiling to avoid inflated bids on less relevant keywords.


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