Keeping a super close eye on your important keywords, ads and landing pages is a must for you to see and decide if you’re doing a good job at differentiating your brand from your competition. Here are some reasons why you should stop bidding on 90% of your keywords:
1. Separate Campaign for Brand Keywords
– Keep your ads compelling and unique; bid on and dominate brand keywords. It is obviously annoying to have to pay Google for clicks when you are already ranked No. 1 for a particular search term organically. However, it is totally worth it when you see the ROI and profitability on those keywords. Furthermore, this translates to getting a conversion that may have gone otherwise to one of your competitors.
2. Reduce the Number of Keywords You Are Bidding On
– Why would a company keep on investing on keywords if only 8% of those keywords are converting? The only reason is they can monetize some of the keywords that have not converted down the road that have a high search volume. Pausing this many keywords could allow you to bid for more of these terms as well as improve your ad rank for converting keywords, rather than distributing your budget across hundreds that do not result in conversions.
3. Use Monitoring Tool for Top Converting and Brand Keywords
– By utilizing a keyword-monitoring tool, you would get alerts which will enable you to monitor impression share for your converting keyword categories. This will also make it easy to keep tabs on the valuable terms in case your impression share or average ad rank begins to drop at a certain point.