PPC advertising is a great way to drive traffic and generate leads for your business. However, it’s important to understand how to track and measure your campaign’s success.
While clicks are a great early indicator, there are several other metrics that can help you optimize your campaign’s performance. Keep reading to learn about 6 Essential PPC Metrics that you should be tracking.
Cost per click is one of the most common PPC metrics that marketers use to track their campaign’s success. It’s also a vital metric to track if you have a specific conversion goal in mind.
A good CPC is determined by a number of factors, including your industry and the competition for the keywords you’re bidding on. For example, a brand-focused keyword will have a lower average CPC than a non-brand keyword.
As your CPC is a key metric to track, it’s important to review your campaign regularly to determine how effective it is. You may need to make adjustments to your budget or keywords to boost the effectiveness of your ads.
You can also monitor click volume to identify any spikes or slumps that could indicate an issue with your ad. Spikes can be an opportunity to test new ad copy and keywords, while slumps are often a sign that your campaigns are losing effectiveness or have plateaued.
Another essential metric to measure is the return on ad spend (ROAS), which shows the profitability of your PPC campaign. This metric takes into account the cost of your PPC ads as well as the revenue they generate. It’s a crucial metric to track for all businesses, but especially those that rely on PPC as a primary marketing strategy. It can help you determine if your campaign is profitable and if it’s worth continuing to run.
Conversion rate is a key metric to track for success, especially for ecommerce businesses. It tells you how many people are taking the action that you want them to take – for example, clicking through your landing page, signing up for an email newsletter, or making a purchase.
The conversion rate is also an essential metric to monitor over time, because it helps you measure the effectiveness of your PPC campaign. A high conversion rate indicates that your ads are compelling enough to attract the right audience and encourage them to take action.
This metric is also an indicator of the effectiveness of your landing pages and can help you identify which ad campaigns are driving the most conversions. If you see that some of your landing pages are performing better than others, you might want to reallocate some of your traffic to those pages.
A 1% conversion rate is not great, but it can be easily improved by changing your calls to action or modifying your user experience. A lower conversion rate could be a result of a slow page load time, a broken form, irrelevant or boring copy, or attracting the wrong audience.
The most important thing to remember about the conversion rate is that it is only a measurement of your performance and not a predictor of sales. That is why it’s essential to consider your overall ROI and refocus your efforts accordingly.
Impressions are a crucial metric that marketers should monitor in order to determine the effectiveness of their PPC campaigns. They aren’t the most comprehensive measure of campaign performance, but they provide key feedback about how your ads may be seen and how to improve your marketing strategy.
Impression counts can be skewed by a number of factors, such as bots and ad servers failing to load an ad correctly. Additionally, there are many different methods used by publishers to count impressions.
One method is to track viewable impressions, which excludes cases where a user was not able to see your content. The data gathered this way is highly accurate and suggests improvements that can help you increase the delivery of your content to more users.
Another metric is impression share, which shows the percentage of times your ad has been displayed compared to the total number of impressions it could have received. It can give you a quick account diagnosis and allow you to understand if you’re having problems with your budget, bids, or Quality Score.
A low impression share means that your ad has not been shown to enough people. If this is the case, you should try to boost your ad’s reach by including more keywords or expanding your geographic audience. Alternatively, you can increase your CPC to gain more exposure and clicks. However, you should be careful not to skew the data by bidding more than you can afford.
Increasing your quality score is one of the best ways to get your ads noticed and rank higher. The quality score is a Google and Microsoft Ads metric that helps you determine your ad’s relevance and likelihood of getting clicks.
The quality score is based on 3 factors: expected clickthrough rate (CTR), ad relevance and landing page experience. These 3 factors are calculated on a keyword-by-keyword basis, and they are influenced by your ad creative and the landing page your ads show on.
In a well-organised and well-structured PPC campaign, it is possible to optimise your keyword quality score to a high degree. However, you have to be careful not to over-optimise this metric.
A low quality score means that your keywords are unlikely to be eligible for the auction, and you will have to pay more money for clicks on those keywords than if you had a better quality score.
Impression share is another useful metric to track. It measures how many impressions your ads are receiving compared to your competitors’.
This metric is an important measurement to track, but it should be used in conjunction with other metrics such as conversions or CPA. If a campaign has 90% of impressions but only 30% of conversions, it doesn’t mean it is doing well.
Click-through rate (CTR) is a key performance metric for digital marketing campaigns. A high CTR means that users are more likely to click on a brand’s ad, resulting in higher conversions and revenue.
Whether it’s a website ad, a sales offer, or your entire campaign, it’s crucial to make sure your CTR aligns with your end goal. That may include driving leads, converting visitors to customers, or simply maximizing your PPC budget.
It’s also important to recognize that while CTR can be a great indicator of how successful your ad campaign is, it shouldn’t be the only metric you track. It’s better to track metrics that ladder up to your business goals, such as cost per conversion or return on investment.
If you have a low CTR, it might be time to review your targeting and ad copy. You may want to look back on your customer journey and determine if your ad matches their stage in the process.
Another key metric to consider is your quality score, which measures how relevant your ads are. A high quality score indicates that your ad is delivering on the keywords it was intended for. It can be a big predictor of your campaign’s success, and it can also increase your CTR.
A click-through rate (CTR) is one of the most essential PPC Metrics to track for success. It is an easy metric to calculate, which helps you identify top performing ads or links at a glance.
High CTRs are an indication that your content is effective and speaks to the needs of your target audience. It also means that you are getting the most clicks possible for your ad dollars.
The CTR of your ads and landing pages will depend on a number of factors, such as the type of content you’re offering, your budget, and the size of your target audience. The CTR is an important metric for all marketing campaigns because it shows how well your content resonates with the people you’re trying to reach.
In addition, it can help you understand what kind of keywords users are searching for and what search terms are most likely to convert into customers. This will give you an idea of how to improve your paid search ads.
If you want to boost your CTR, consider adding ad extensions like reviews, locations, and sitelinks to your search ads. This will attract more relevant searchers and boost your ad rank and Quality Score. Additionally, using ad extensions can help you increase your cost-per-click and overall ROI.