Key Points for Keyword Management
Purpose of Keyword Management
Identify Issues: The keyword management feature helps identify keywords that are siphoning your budget without contributing to conversions.
Optimize Budget: Focus on keywords that help you reach your objectives and eliminate those that do not.
Total Spend Analysis
Active Keywords: View the total spend on all active keywords in your account.
Justified vs. Unjustified Spend: The feature shows the percentage of spend that led to conversions (justified) versus spend that did not (unjustified).
Example: $39,000 spent with only 15% justified indicates a need for optimization.
Keyword Performance Metrics
Impressions: See which keywords are generating impressions. Keywords without impressions are in a waiting mode to prove their worth.
Clicks and Conversions: Track the percentage of keywords that have clicks and conversions.
Profitability: Identify the percentage of profitable keywords.
Managing Underperforming Keywords
Inactive Keywords: Identify keywords that do not have impressions and are flagged after a certain period.
Promote or Fire: Treat keywords like employees – promote the ones that perform well and remove the ones that do not.
Sections in Keyword Management
New Keywords
Purpose: Identify and promote new keywords that have the potential to perform well.
Duplicates
Purpose: Find and manage duplicate keywords to avoid conflicts and inefficiencies.
Negatives
Purpose: Add negative keywords to filter out irrelevant traffic and improve overall campaign performance.
Better Bids
Purpose: Optimize bids for each keyword to maximize performance based on the estimated maximum cost per acquisition (CPA).
No Impressions
Purpose: Monitor keywords that are not generating impressions and decide whether to keep them or remove them.
Practical Steps for Keyword Management
Analyze Spend and Performance
Review the total spend on active keywords and identify unjustified spend.
Focus on keywords with high spend but low conversion rates for optimization.
Promote High-Performing Keywords
Use the "New Keywords" section to identify keywords that show promise and promote them.
Remove Inefficient Keywords
Regularly check the "No Impressions" section and remove keywords that fail to generate impressions over time.
Manage Duplicates and Negatives
Eliminate duplicate keywords to prevent conflicts.
Add negative keywords to filter out non-converting traffic and improve relevance.
Optimize Bids
Use the "Better Bids" section to adjust bids based on performance data and estimated CPA.
