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Here is how to make your GDN campaigns profitable
Tired of FRAUDULENT Google Display spend? Here is how to make your GDN campaigns profitable in less than 2 weeks.
Bit of background: Before starting my own agency I had worked 10 years in-house for a large software company that spent a considerable amount of budget on Google Display. Because of this, I got the opportunity to play around quite a bit with various tactics to figure out what works and what doesn't.
The truth? If you don't follow very specific tactics, you will waste most of your budget on fraudulent clicks, from low quality placements.
Want to avoid that? Follow these steps:
- The first thing you were going to want to do is download your historical placement data using an all-time date range. Make sure you are getting the data from all campaigns including paused and deleted ones.
- After downloading it and opening excel, put the data into a pivot table. Filter for only placements that have greater than 0 conversions. These are the only ones we care about. You need to make sure that a 'conversion' is something valuable, not like a page visit that can easily be botted.
- Start a NEW display campaign, using the 'maximize conversions' bid strategy, and a small budget of no more than $50 – $100.
- For the targeting, you will ONLY want to use placement targeting. Paste your entire list of placements into one ad group, name it something like 'converted placements'.
- Add an additional layer of targeting on top of these placements, which should be a handful of core term keywords.
- For the ad itself (most important), use your historical data to determine your top performers and start with that. This is usually a mix of CTR and conversion rate that you will want to be looking at when assessing performance.
- Let the campaign run for two full weeks undisturbed. After this time you should slowly start increasing your campaign budget .
- Eventually you will want to scale to a much higher budget. At this point, you MUST implement a CPA Target because 'Maximize conversions' gets very wasteful on high budget campaigns with no target attached.
That's the process! This only works with large accounts that have a significant amount of historical display spend (which is honestly most corporations), not so much small businesses.
"But… but… I'm a new business and don't have any historical display data to draw from."
Well, fear not! I have another tactic for this type of account, and it involves running a Google Ads script that sends the placements (hourly) to a Google Sheet.
Within the Google Sheet, a secondary Apps Script assesses the PageRank score of each placement using an API that calls upon a service called "Open PageRank." They give a free API key that allow you to scan up to 10,000 placements per hour.
Once you have all the PageRank scores for each placement, go ahead and filter for all placements greater than a ranking of 6. You should be left with a much smaller list (most names you will probably even recognize). These publishers are very big and aren't going to risk their AdSense account by engaging in click fraud, and they don't need to anyways. Add these placements into a secondary campaign and then exclude them from the main one. The idea is to have a very low budget campaign used for mining new placements, and a secondary campaign that contains those placements that you will scale up over time.
The best targeting for new display campaigns without any historical data is the bullseye 'in-market audience' for your business, combined with a few contextual targeted keywords. I've tested many other setups, but nothing beats it (aside from remarketing obviously)
Follow these steps, and you will find yourself with Display campaigns that, at the very minimum, have a break-even ROAS. Most of mine are around 1.15 to 1.20. Is this amazing compared to other campaign types? No, it is on the low end. Is it amazing for Display? Absolutely. And it is all incremental growth – people who have likely never heard of you!
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