Question 1

Why is the conversion rate higher when leads come from paid ads vs. organic?

Accepted Answer

The paid campaigns are always going to bring in higher quality website traffic than organic search results because:

Ads have headlines and descriptions - vast amounts of them - that have been optimized for click-through-rate by us and by the algorithms.
Organic searchers aren't always going to be sent the correct page. When someone does a search on Google and finds your website in the results, they might not get to the landing page/homepage. They might end up on a blog post, etc. In fact, you can see what percentage of the website visitors enter your site from the landing page/homepage by going into analytics.google.com, clicking on Aquisition, then Search Console, then Landing Pages on the menu on the left.
You're also getting a higher percentage of people who are motivated to buy. Many people are looking for information and will end up on an article on your site. The people who do click on an ad are looking to explore your brand/product/service from the perspective of someone who is considering pulling out their wallet.

Conversion rates from paid ads tend to be 6 times higher than conversion rates from organic searches.

Question 2

What is the difference between Google Smart Shopping and Google Shopping Ads?

Accepted Answer

Traditional Google Shopping campaigns are only directed at users searching Google for a product to buy. This user sees the ads on a search engine results page.

Google Smart Shopping, on the other hand, is a step up. This outbound-heavy campaign uses algorithmic targeting to show ads to a very specific user. This user has shown serious interest in a specific product through their past search activity.

Question 3

When is the best time to run Facebook Ads?

Accepted Answer

Start with a Remarketing campaign only for this first month until the pixel has picked up enough matched users and conversion data in the performance history. As a side note for e-commerce you can do Dynamic Product Remarketing which pulls products from the feed much like a Google Shopping campaign.

Keep in mind that Remarketing campaigns will not be able to spend much ad budget because the audience is made up of a percentage of people that visit your site (Facebook isn't able to match 100% of site visitors back to Facebook users). Start off with $5-$10/day for this campaign and adjust from there based on the frequency of the ads being displayed.

Once you have a good audience size and historical data then you can create a lookalike audience form your existing converters and show proactive ads to that cold list in order to build awareness.

People tend to view FB ads and then convert without clicking in FB. This can happen with Google to but it is more common with FB so it's hard to directly attribute sales and judge the performance of FB campiagns. Some of the people who convert on FB might be the sample people who are converting from an ad on another platofrm like Google. Without an attributuion tracking model it is impossible to know the exact path of conversion.

Question 4

Should I run LinkedIn ads?

Accepted Answer

The Social Media Examiner says proactive LinkedIn Ads (to cold leads) are only a good fit for:

High LTV ($15k+) B2B
White collar recruiting
Higher education recruiting

With remarketing it is a whole different story, since remarketing is essentially the same as adding one more place/platform/channel to display the exact same ad that we are already running with Google remarketing (Google has a very wide reach with lots of places/platforms/channels, but they can't deliver ads on platforms they do not own/not in their ecosystem like LinkedIn or FB or Reddit).

Question 5

Is there any spillover from paid ads to organic search ranking?

Accepted Answer

On average, you will see about a 10 rank jump in organic search rank after you start running paid ads. Part of this is because Google counts all traffic to the website as “traffic.” Which means anyone who clicks on an ad gets points towards traffic. In Google Search Console (in the “Performance on Search Results” report) you can see organic search performance for the site. Compare the last 3 months with the previous 3 months to see the difference in average position, average CTR, total clicks, and total impressions.

Question 6

What is a Good Conversion Rate?

Accepted Answer

Across industries, the average landing page conversion rate was 2.35%, yet the top 25% are converting at 5.31% or higher. Ideally, you want to break into the top 10%.

Source: https://www.wordstream.com/blog/ws/2014/03/17/what-is-a-good-conversion-rate#:~:text=Conventional%20wisdom%20says%20that%20a,in%20the%20average%20performance%20bucket

Question 7

How do we rank for organic Google searches?

Accepted Answer

Make sure your website can rank organically
Continual content creation (unique and about one topic. Doesn’t have to be long, 600 words is fine.)
Buy backlinks with a company like seo.co

Question 8

Is it possible to run an e-commerce campaign but built as lead generation?

Accepted Answer

It doesn’t always make sense to setup e-commerce tracking in Google Ads.

Instead, we can just assign a static conversion value for the order form submission (average order price) and use that for tracking ROAS.

Question 9

What are some high-level recommended campaign bidding strategies?

Accepted Answer

Bid Strategies

Step 1:Non-Shopping Campaigns: Start with manual CPC with eCPC enabled (because eCPC is the option that uses a bit of Google’s automation, but is mostly manual). This is nice because you can control the bids, but it’s not very scalable because it’s high maintenance, and because a machine will do it better than a human ever could. After you have around 100 conversions with high frequency (like a sale every other day, for example), at this point we’ve given the algorithm enough data for it to pick up where we left off and make it better. Now you can switch from eCPC to a smart bidding strategy like Target CPC. It leverages the data that you’ve already provided.

Shopping Campaignss: Start with a regular Shopping campaign before switching to a Smart Shopping campaign, because regular Shopping campaigns are inbound (meaning people are searching for the product when the ad appears) whereas Smart Shopping is outbound (meaning Google will try to show it to the type of people who might be interested), so the Smart algorithm can’t do outbound well, and therefore will never prove ROAS, without plenty of data. So, start with Shopping campaign using Manual CPC (usually w/enhanced enabled unless you have super low profit margin and you're trying to prove concept)

After 35 - 45 days of gathering consistent conversion data (aka converting at a normal cadence with a reliable pattern), then pause all shopping campaigns & replace it with a new Smart Shopping campaign using Maximize Conversions (which is the only bidding option). After 35 - 45 more days if the campaign isn’t hitting an acceptable ROAS, you can turn on the optional ROAS goal within the Maximize Conversions bidding strategy.

You don’t want to start off with a ROAS goal because it won’t get any conversions because it doesn’t have enough outbound data yet. Once you've given it that data, turning on the ROAS goal will restrict it to only spend when it thinks it can hit that goal, so spend starts to decrease, the campaign gets less activity, you get less clicks per day, but you should get a higher quality click and conversions that are making your ROAS.

One additional strategy is to spend more $/budget to force Smart Shopping campaigns to go find new markets by removing the Target ROAS goal.

Step 2:

Step 3: Now that your ROAS is high, you can begin to give it more daily ad spend to see if you can increase the amount of conversions. So now, instead of spending $100/day and getting $300, you can try spending $500/day and getting $1500. Just make sure the ROAS doesn’t dip.

Display Pay Per Conversion - This is a new type of campaign/bid strategy in which you only pay for a conversion, and it’s only when the conversion doesn’t go above what you said you would pay. Begin with a super high CPA and then decrease it slowly. The idea is to get the CPA as low as possible (at which point you'll just turn off any regular Proactive Display campaign and just use this one). These types of campaigns can get lots of fake conversions generated by bots. Captcha prevents the bots from submitting forms and wasting ad spend.

Question 10

What are conversion action triggers?

Accepted Answer

Conversion Actions - To be able to track a conversion, we would need a "trigger" for that conversion action.

A trigger can be one of the following:

A thank you page that only loads after a successful submission/optin.
A code that runs after a successful submission/optin.
A unique event that is only executed upon a successful submission/optin. For example, CTM sends a "Calls" event once a phone number is dialed.