Google Vehicle Ads: The Digital Master Key for the Motor Industry
Advertising via Google is constantly evolving, and new ways to showcase your brand and business offering are regularly being rolled out. The latest...
Read moreBing Ads recently announced the full rollout of its new automated bid strategy, which is designed to deliver advertisers a maximum amount of clicks within their budget.
Over a year ago, Bing Ads brought in the Enhanced CPC Bid Strategy, which automatically adjusts bids to ensure campaigns generate higher conversion rates and lower CPAs.
Since this release, the demand for full bid automation has become a prominent request, and now the Paid Search giant has brought home the bacon. If you are still not using a 3rd party bid management platform like Kenshoo then make sure you read on!
On 9th October, a member of the team announced:
We’re excited to introduce the newest member of our bid strategy family: Maximise Clicks. This bid strategy is designed to help you maximise your click volumes within your current budget.
But how does it work?
Advertisers define their budget and Bing Ads will do the rest, completely on autopilot. It will set bids that are most likely to maximise the amount of clicks, which means there is no need for advertisers to individually manage their keyword bids anymore. What’s more, you can also set maximum CPCs if you are wary of any large increases in CPC’s across your Bing account.
Here’s how the Bing Ads team recommend you begin:
Alternatively, you can navigate to the Bid Strategy section in campaign settings and select the same option as above from the drop-down menu. For more information on how to set this up please visit here.
The team advises that anyone implementing this new feature must let it run for a solid month before comparing the results to previous data collected, as the feature needs time to learn and optimise.
Bing Ads’ Program Manager Haily De La Cruz states:
Maximise Clicks does not coordinate with third-party bid management tools… Bing Ads would likely overwrite any bids set by a third-party bid management tool.
This rollout is a result of positive feedback given for Bing Ads’ previous bid strategy, and aims to provide advertisers with a smoother, easier experience overall.
NOTE: This exciting feature is not yet available for Bing Shopping Campaigns.
Contact us today to see how our Paid Search Management experts can help to maximise your ROI through best practice and an in-depth review of your current PPC strategies.
More articles you might be interested in:
Advertising via Google is constantly evolving, and new ways to showcase your brand and business offering are regularly being rolled out. The latest...
Read moreThe UK market has been waiting with bated breath for Google’s Vehicle Ads release – so where is the update? Learn more.
Read morePerformance Max is one of the easiest ways to tackle the full Google network, but are you maximising results? Dr. Dave Chaffey explores. Read more.
Read moreWelcome to the latest round-up of all things digital. This is where we look at the latest updates in the world of PPC, SEO, Content and International...
Read moreCreating conversion-optimised PPC campaigns start at strategy planning. Do you know how you can maximise the return on your ad investment? Dave...
Read moreWe're heading into a new financial year - do you know how PPC can help grow your conversions? Find out how developments from Google and Bing will...
Read moreWhat are the benefits of Google's new Performance Max campaign type? Head of DPM, Sarah Clarke, tells us how you can use it to automate your...
Read moreIt may have seemed like just your average PPC role at first, but what Alex Copping didn't realise is that he was about to learn a whole lot about...
Read more