Question 1

What Can I Afford To Pay For A Lead From Paid Ads?

Accepted Answer

If you’ve been using Google Ads or other paid advertising platforms to generate leads, you probably noticed that among all of them, Google tends to have the highest cost per lead (CPL).

Why?

Because the conversion rates of those leads are usually higher. Google understands the intention of its users and uses their algorithm to actively seek out users who have shown an interest in your product—those who are ready to buy.

According to Unbounce, “50% of people arriving at a retailers site from paid ads are more likely to buy than those who came from an organic link.” Click-throughs from PPC results convert 1.5 times more than organic search results (Atomic Reach). Meaning, in terms of getting higher bottom-funnel conversions, PPC beats SEO.

To make sure you have a well-optimized PPC campaign that generates revenue, it’s crucial to gather conversion data first. Sure, it might take some time. But it’s one of the most important elements in building high-performing campaigns that give you a huge return for every dollar you spend in advertising.

Question 2

What are Dynamic Search Ads (DSA) Campaigns? When should I use DSA?

Accepted Answer

DSA Campaigns are used as learning experiments - You may choose to build dynamic search ad campaigns because they help you learn what ad copy & keywords to use in the other campaigns, in case you missed any important and effective words. Adding new words to the other campaigns can be helpful to optimize -- and it can be especially helpful if you’re hitting a spend ceiling and would like to raise the budget. It’s a way to identify, rather than guess, which keywords to target.

When to use - These campaigns are 100% created by the algorithm based on the words used in the landing page -- the algorithm decides what ad text and what keywords to use. These are only good for websites that are extremely specific and have content centered on a set of keywords.

How to use - Give the campaign a small budget. These campaigns have the ability to spend a lot of money very quickly, and DSA campaigns usually have a lower conversion rate than other types of campaigns, so it’s okay to let it be in the “limited by budget” status.

Optimize - When you’re ready to see it’s results, go to the DSA campaign and click on Search Terms. Sort by impressions to see which terms have a high amount of search volume. From there, find the ones that are actually getting clicks. Use those terms in the other campaigns.

Question 3

What is PPC?

Accepted Answer

That's a great question that deserves a great answer. Read more here.

Question 4

Why is there a discrepancy between Shopify & Google Ads?

Accepted Answer

When you're viewing your Shopify report called "sales from marketing" (not available with all levels of Shopify) to see the total revenue from Google Ads, you'll likely see a lower quantity than what Google Ads reports.

It's not unusual to have a 20-30% loss in conversion value when in Shopify's marketing report when compared with Google Ads.

The lost conversions can be attributed to two things:

Shopify uses UTM parameters, which are often dropped, whereas Google Ads uses a robust tracking algorithm.
Shopify removes conversion value from the reporting if the customer made a return, whereas Google Ads doesn't know about the return so it doesn't get removed from the dashboard.

Here's a video Kasim made on this topic -- Although the video talks about Google Analytics reports rather than Shopify reports, it's still the same phenomenon, because Google Analytics also uses UTM parameters:

Question 5

How to share passwords with Solutions 8

Accepted Answer

These instructions will help you add confidential login information to Dashlane, a trusted online program that allows you to securely share login information with us. We use this tool so we can keep your information secure, rather than exchange sensitive information via email.

Question 6

Is my branded campaign stealing all my traffic from organic search?

Accepted Answer

In some instances, yes.

If you have a good organic ranking and good organic traffic, branded campaigns can steal your organic traffic. The way to subvert this is to bid very low ($0.05 per click) so it's not costly.

**But, the pros far outweigh the cons: **

First, running a branded campaign protects your brands from competitors.

The first four spots on the Google search engine results page are all Google Ads listings. So, competitors who bid on your name can show as the first listing.

And because the highest you can rank organically is #5 on the page, all your organic traffic in this case would end up seeing your competitors first.

Let’s keep in mind that the #1 spot on Google has an average 20% click-through rate. So, competitors who bid on your name can be detrimental to your brand.

Suffice to say, you should always want to be #1 on Google for your brand name.

Next, running a branded campaign gives us the ability to see what keyword a user searched to get to your site (before leaving and coming back to search your brand name next).

This allows us to bid efficiently on keywords that introduce your brand to the masses, and also brings them back to the site to convert.

Question 7

How long should I wait to see an accurate Performance Report in Performance Max?

Accepted Answer

According to Google, whenever you make any changes to automated bidding, strategies, and budget, you have to wait for at least 14 days (plus your conversion lag) to view accurate and complete performance reporting.

Conversion lag is simply “the delay when people click an ad and when they perform a specific conversion action (for example with, install, purchase, add-to-cart, etc.)”

What happens is the system will optimize towards what we tell it to do, so you must wait to make any changes for 14 days when Google can accurately assess performance.

Making any changes prior to that learning period will reset the account back into the learning period. This means, you’ll have to wait for another 2-3 weeks.

Question 8

Can we spend more money on a specific product or in a specific location?

Accepted Answer

Begin with $50 per day (or an amount that makes sense to you). Try to split the Smart Shopping campaigns to two different geographical locations, then allocate the ad spend to each campaign based on performance.

So two identical smart shopping campaigns.

1: All of (ex: Country), excluding (ex: State)

Whatever ends up being limited by budget, or having the best ROAS, gets the most ad spend.

Since they both will have their own dedicated daily budget, you will want to balance that on how each of the campaigns performs.

Question 9

How should we prepare for the holiday season?

Accepted Answer

It's best to get a head-start on any promotions you are planning for big holiday seasons (like Black Friday, Cyber Monday, Christmas, etc.).

For Black Friday & Cyber Monday, specifically, we recommend chooseing a site-wide discount. Your competition will be fierce, so it's a good idea to choose as steep of a discount as possible. If you need to temporarily hit a higher ROAS (return-on-ad-spend) in order to make this discount profitable, then we can easily do that.

Make sure any promotion you are offering in Google Ads is also offered in your other marketing channels. It's best to keep things synergistically across all platforms.

If your business is eCommerce, then you are probably running shopping campaigns. Shopping ads can promote discounts, special offers, free gifts, etc. right on the ad.

We can also promote the special deal directly in the text of any search ads that are running.

It can also be beneficial to create some images to support the promotion. We'll use these in the display campaigns to remarket to folks who visit the website during this time periot. A square version and a 19:1 ratio would work best, but Google has a long list aspect ratios they support, so more sizes means we are eligible to appear in more placements and therefore give the algorithm more opportunities to show the ad.

Google and all other ad platforms always experience a large increase in traffic during November and December. It can be a good idea to be flexible with the budget around this time -- meaning, if the audience size suddenly increases dramatically, then we will likely be able to spend more on the ads while continuing to meet a high return.

Question 10

What if I have a small budget of $500 monthly?

Accepted Answer

Accounts with small budgets (~$500) can be extremely difficult to optimize because there’s often not enough data to recognize patterns.

For example, if a keyword got 1 click last month and 1 click this month, should we increase the bid for that keyword? Well, 1 click is not enough information to make an educated guess.

In this case you may need to manually edit the budget twice per month because you want to spend the majority of it in a short amount of days and then pull back.

Do not turn on monthly budget because then it will spend that money evenly throughout the month, which isn’t ideal.