Artwork for podcast The Google Ads Podcast
Stop Wasting Money: How to Analyze Keywords for Effective Ad Campaigns
9th March 2024 • The Google Ads Podcast • Solutions 8
00:00:00 00:18:42

Share Episode

Shownotes

Avoid wasting your hard-earned money and start optimizing your campaigns efficiently. In this episode, Regina Bellows, Executive Director of our sister agency, StarterPPC, dives deep into helping a unique client - a farm selling exotic fruits. She provides insights on identifying higher purchase intent keywords, adjusting match types, and using metrics such as Click Share to improve campaign performance.

With the help of this expert advice, learn about the challenges of messy keyword research so that you can make informed decisions while improving your campaign’s performance!



This video is from StarterPPC’s YouTube channel, check it out if you want to maximize ad spend & achieve better results with a smaller budget:   

 / @starterppc  



Related videos on the StarterPPC YouTube channel:

Keyword Crash Course! Our Process For Analyzing & Optimizing Search Targeting:   

 • Keyword Crash Course! Our Process For...  

When Your Google Ads Strategy Is Off: Diagnosing An Account Setup Of A Fashion Accessories Brand:   

 • When Your Google Ads Strategy Is Off:...  

The ROAS Shrink Is REAL:   

 • The ROAS Shrink Is REAL  

Limited Budget Strategy: Convert Your Bestsellers by Using Your “Worst Sellers” in Google Ads:   

 • Limited Budget Strategy: Convert Your...  


0:00 Stop Wasting Money: How to Analyze Keywords for Effective Ad Campaigns

3:39 Evaluating more data on keywords

9:04 What to do if you have limited data

13:03 Need help scaling Google Ads with a limited budget? Let StarterPPC help you!

18:53 Interesting column to help with keyword research




Need help with Google Ads? Get your FREE action plan here: https://sol8.com/ap/


💣 The Ultimate Guide to Google Ads for 2023:   

 • The Ultimate Guide to Google Ads for ...  


🔥 Get your copy of You vs. Google: The (Very) Unauthorized Guide to Google Ads

on Amazon here: https://www.amazon.com/dp/B0BWSNLNRN


This ULTIMATE GUIDE gives you EVERYTHING you need to know about how to set up, build and optimize your Google Ads Performance Max campaigns: https://sol8.com/performance-max/


💰 Have an ad budget that's less than $5,000/month? If so, check out our sister agency, StarterPPC, where you can get Google Ads management for a fraction of the cost!

Visit https://www.starterppc.com for more information. 🚀


We have dozens of free resources, courses, downloads, calculators, and other goodies. You can access all of them on our Free Stuff page!

Visit: https://sol8.com/free-stuff/


💯The Ultimate Guide to Google Ads for Lead Generation:

https://sol8.com/google-ads-lead-gene...

🛒 Everything you need to know about Google Ads for eCommerce:

https://sol8.com/google-ads-for-ecomm...

🧲 The only guide you’ll ever need for Google Ads for YouTube:

https://sol8.com/google-ads-for-youtube/


👉 Do you want to be featured on Daily Google News? Do you have epic value you can offer our audience? You can pitch your idea here: https://sol8.com/pitch/

--------------------------------------------------

👉 Get our latest content every Monday, straight to your inbox. Sign up for our news “Traffic Ahead”: https://sol8.com/newsletter/

--------------------------------------------------

Get the latest updates, expert tips, best practices, and PROVEN Google Ads strategies every single day. Subscribe here:   

 / @solutionseight  

--------------------------------------------------

👉 Want to become a Google Ads expert?

We’ve demystified how Google works, and laid out everything you need to know in Google Ads–from scratch!

Learn how to build, launch and manage high-performing Google Ads campaigns in this Google Ads Course: http://sol8.com/paid-traffic-mastery

--------------------------------------------------

Solutions 8 is a global authority in the Google Ads space and one of the world's leading PPC agencies.

Our YouTube channel is dedicated to sharing our most effective marketing strategies to help you achieve your business goals.

--------------------------------------------------

👉 WOULD LIKE TO SCALE AND GROW YOUR BUSINESS WITH PPC?

Sign up for a FREE Action Plan today: https://bit.ly/sol8-home


Connect with Kasim here: https://smartlink.metricool.com/publi...


⬇️️ You can find us here ⬇️️:

Website: https://sol8.com/

Twitter:  

 / solutions_8  

Instagram:  

 / solutions_8  

Facebook:  

 / solutions8llc  

LinkedIn:  

 / solutions-8  

#googleads #digitalmarketing #googleadsbestpractices #ppc

Transcripts

Speaker:

Hey everyone, Regina

here with starter PPC.

2

:

Join me.

3

:

We're going to look through

an inbound search campaign.

4

:

We're going to see if there's anywhere

we can cut costs, make the campaign

5

:

a little bit more efficient, get it

to stop wasting money and, hopefully

6

:

reallocate some of the budget to

the better performing keywords.

7

:

So let's begin.

8

:

this is one of our clients

and they are actually a farm.

9

:

It's unique, but they sell a

subscription to exotic fruit.

10

:

They also have exotic fruits.

11

:

Gift boxes, and they also

have a nursery right now.

12

:

We're just going to be looking

at the fruit keywords in

13

:

the inbound search campaign.

14

:

since they are an e commerce company,

most of the budget is spent on the

15

:

shopping network in other campaigns.

16

:

But the.

17

:

Inbound search campaigns are usually

the ones that require the most manual,

18

:

heavy lifting to get them to, become

optimized and working appropriately.

19

:

so right now I just have the last 30 days

pulled up and I'm looking at all keywords.

20

:

So keyword status all,

and then I put a cost.

21

:

So I only want to see the

keywords that have spent at

22

:

least 1 within my date range.

23

:

Cause I just want to filter through any.

24

:

irrelevant data, it's not spending

enough to really even matter.

25

:

so you can see here that we're

using exact match keywords.

26

:

fun fact, when we first started,

we were using broad match.

27

:

Then we ended up moving to phrase match.

28

:

And then we ended up

moving to exact match.

29

:

We didn't really know what

to expect with a farm type.

30

:

business model.

31

:

And it turns out that there are a lot

of people out there that just want

32

:

to look up pictures of fruit and have

no intention of actually buying them.

33

:

The problem with keyword

campaigns is the algorithm will,

34

:

it's going to waste your money.

35

:

It's going to go out and it's going

to see that, there's a huge amount

36

:

of people searching for fruit.

37

:

and it's going to try to, bid on all of

those placements, And even if you tell it,

38

:

Hey, I want you to maximize conversions.

39

:

You can't really trust Google care, right?

40

:

You can not really rely on those

automated bidding strategies.

41

:

That much because Google has a more

incentive to, fill those placements

42

:

for those, keywords like exotic papaya

fruit that person probably has very

43

:

little intention to actually buy fruit.

44

:

But Google loves to fill those placements

because if it can get the click, it

45

:

gets to, collect its commission, right?

46

:

So you just have to make sure that it's

not wasting money, especially if you're

47

:

using those automated bidding strategies.

48

:

so we ended up switching to exact

match after a while of trying the

49

:

broad match and then the phrase match

because we wanted to rein it in, right?

50

:

Rein the algorithm in.

51

:

We don't want it to bid on things

that are just people looking up

52

:

fruit information or fruit pictures.

53

:

We want people that are

like wallet in hand.

54

:

I want to buy some fruit

on the internet, right?

55

:

that's what we're trying to identify.

56

:

And that's why we are restricting it.

57

:

And we're saying, Hey, exact match.

58

:

This is the most strict type of

keyword we want you to go after.

59

:

search terms where users are searching

for something that is very similar,

60

:

almost synonymous to this phrase,

that's what exact match means.

61

:

I'm going to sort by cost and I actually

want to see more data than this because

62

:

this is only 340 in the last 30 days.

63

:

Again, this is not a big money spender

compared to our other campaigns.

64

:

the client is spending,

under 5, 000 overall.

65

:

Because, at starter PPC, we

manage, businesses that have

66

:

budgets of 5, 000 or less.

67

:

but even still within that small

budget of 5, 000 or less, this search

68

:

campaign is spending, Not as much

as the, shopping campaigns, but

69

:

it's still spending money, right?

70

:

So I'm just going to pull up all time

data so I can see as much as I can.

71

:

I can see that overall in this

campaign, 2, 000 has been spent.

72

:

all of it in, since summer of 2023.

73

:

So a few months ago, and

here's some of our old broad

74

:

match keywords that we paused.

75

:

so I'm just going to see what we can see.

76

:

So the one that's spending the

most is exotic fruits delivery.

77

:

second most fresh exotic fruits is

spending the second most, which is

78

:

little more than half the amount

that the main keyword spent.

79

:

this is very interesting.

80

:

So exotic fruit delivery indicates

that somebody has their wallet

81

:

in their hand and they're asking

for fruit to be purchased on the

82

:

internet and delivered to their door.

83

:

And the click through rate on this one

is 17%, And then fresh exotic fruit.

84

:

has some purchase intent, right?

85

:

Somebody is looking

for fruit that's fresh.

86

:

So they're probably not just looking

for images, and they're probably not

87

:

just looking for information, but maybe.

88

:

But because they're not saying I

want it delivered to my door, it has

89

:

a slightly lower purchase intent.

90

:

And so you can see that the click

through rate here is only 5%.

91

:

416 clicks on this one,

400 clicks on this one.

92

:

So we have plenty of data to get a good

average on that click through rate.

93

:

And this is what happens, you guys.

94

:

People search for something.

95

:

The sponsored search

results are at the top.

96

:

The organic is at the bottom.

97

:

Someone who has an intent to buy

is more willing to click on an ad.

98

:

They're going to be fine with dealing

with those sponsored search results.

99

:

And someone who is not interested

in buying, they're looking up

100

:

fresh, exotic fruit for some other

reason, those are going to be more

101

:

likely to skip over the sponsored

section and go right over to the.

102

:

organic search results because

they're looking for articles or maybe

103

:

they're even going to click over

to the images and look for images.

104

:

Let's just, to see what is the conversion

rate on these conversion rate, so we

105

:

have a slightly higher conversion rate

even on the exotic fruits delivery one.

106

:

So 0.

107

:

7.

108

:

2 percent on exotic fruits delivery

and fresh exotic fruits is 0.

109

:

5%.

110

:

Now, if you guys are going, Oh my gosh,

these conversion rates are very low.

111

:

Just keep in mind that this

is not the only ad that most

112

:

people interact with, right?

113

:

So probably what's happening

is the conversions.

114

:

If there's to add interactions, one

from the search campaign, one from the

115

:

shopping campaign, the algorithm is

attributing most of that conversion

116

:

to the shopping campaign and only a

small amount to the search campaign.

117

:

data is not really relevant in judging the

business model as a whole, or using that

118

:

conversion rate as a benchmark for this

business, we would have to go to the all

119

:

campaigns view and look at the account

holistically to try to determine that.

120

:

and actually even better is to look

at the actual conversion rates of

121

:

the website from Google analytics.

122

:

So that you're not relying

on Google's attribution and

123

:

their ability to track users.

124

:

but we can at least compare two

keywords to each other, right?

125

:

0.

126

:

72 up here, 0.

127

:

5.

128

:

The click through rate is insane.

129

:

And so that's going to result in, a ROAS.

130

:

Oh, okay.

131

:

This is interesting.

132

:

So the ROAS on exotic fruits delivery

is actually lower than the ROAS, return

133

:

on ad spend for fresh exotic fruits.

134

:

Even though these two

numbers are different.

135

:

So what could be the difference?

136

:

Okay, cost per click is higher on

this one and lower on that one.

137

:

That makes sense, right?

138

:

This is going to be

higher purchase intent.

139

:

So it's going to be higher competition.

140

:

how much data are we dealing with here?

141

:

Okay.

142

:

So we're dealing only with three

conversions here and two conversions

143

:

here that have been attributed to

those keywords into this campaign.

144

:

So we don't have a lot

of data to work with.

145

:

I think what we should do is dig

into this a little bit further.

146

:

Fresh fruit delivery, exotic fruit

box, passion fruit delivery, dragon

147

:

fruit delivery by passion fruit tree.

148

:

We can dig into all of this.

149

:

if I sort by conversion

value divided by cost.

150

:

Fresh Fruit Online Delivery has

one conversion at a very high ROAS.

151

:

Passion Fruit Delivery has two

conversions at a pretty high ROAS.

152

:

So we would like to spend

more money on this one.

153

:

It's only spent 86.

154

:

because it's more specific

passion fruit delivery.

155

:

Someone definitely wants to buy that.

156

:

Okay.

157

:

I think what we should do is keep

all this in mind, head over to the

158

:

search terms and see what we can see.

159

:

This type of keyword

research is very messy.

160

:

You guys have to sometimes.

161

:

You feel like you're going in circles.

162

:

You're going back and

forth between keywords.

163

:

You're going back and

forth between search terms.

164

:

You're pulling up all data.

165

:

You're pulling up last three months.

166

:

You're pulling up different columns,

you're sorting, you're unsorting.

167

:

and so it's messy and, there's no right

or wrong way to do it, but I'm going

168

:

to show you how I think through it.

169

:

so let's.

170

:

See what we can see here.

171

:

Okay.

172

:

So I'm going to sort by cost.

173

:

So the search terms, this is what the

user is actually searching for, right?

174

:

And it matches up with a keyword.

175

:

So we told it to go after

fresh exotic fruits and the

176

:

algorithm bid on exotic fruits.

177

:

And this is the search term that

has spent the most amount of money.

178

:

Wow, by far.

179

:

The next closest one has

spent 97 instead of 119.

180

:

and yet it's received zero

conversions that have been attributed.

181

:

162 clicks and not a single conversion.

182

:

So this is a prime example

of the algorithm seeing.

183

:

Tons of people looking for exotic fruit,

deciding it matches up with our keyword.

184

:

Even though we've chosen

exact match, right?

185

:

It's just ignoring the

word fresh and fresh.

186

:

In my opinion is the only part of that

keyword that indicates purchase intent.

187

:

Because if someone's searching for exotic

fruit, they probably just want to read

188

:

about or see pictures of exotic fruit.

189

:

If they're searching for fresh exotic

fruit, that means they're actually

190

:

looking for fruit that's fresh, right?

191

:

So they're probably looking to

buy it, or at least they're much

192

:

more likely to be looking to buy.

193

:

and yet, because the amount of people

searching for exotic fruit is so

194

:

vast compared to fresh exotic fruit,

the algorithm just takes liberties.

195

:

It goes, I know they want the exact

match, but it's close enough, especially

196

:

considering how big this market is.

197

:

I swear, that is how the algorithm thinks.

198

:

Because it's close enough, especially

considering how big our opportunity is

199

:

over here, how big the market size is.

200

:

it's continuing to waste money

here without a single conversion.

201

:

even though we're using an

automated bidding strategy.

202

:

Okay.

203

:

Exotic fruit box.

204

:

Second most spend.

205

:

It has 1.

206

:

52 conversions attributed to it.

207

:

the cost per click is higher, which

makes sense because someone looking for

208

:

a box is a much higher purchase intent.

209

:

And, This is.

210

:

1.

211

:

53 ROAS, Hi there.

212

:

Quick interruption.

213

:

Do you know the main thing that

prevents small business owners from

214

:

getting their Google Ads account

into a position to grow and scale?

215

:

Budget.

216

:

A lot of businesses, especially

those that are just starting

217

:

out, have limited budgets.

218

:

And so because of this, they're turned

away by most ad agencies because most ad

219

:

agencies have minimum budget thresholds

that they're willing to work with.

220

:

So what happens is the business owners

end up learning Google ads themselves.

221

:

And the problem with that is

that most of the advice online is

222

:

geared towards larger accounts.

223

:

And the advice doesn't have any of those

strategies or tricks that can kickstart

224

:

the algorithm into giving a small

account a leg up over larger competitors.

225

:

So it often just doesn't work.

226

:

And the business just ends up

losing money month over month.

227

:

If this sounds familiar

starter PPC can help.

228

:

We offer Google ads management services

that are designed for accounts that

229

:

have between 1000 and 5, 000 budgets.

230

:

Because all of our clients are just

starting out, we've come up with ways to

231

:

keep our management fees significantly

lower than most agencies, because

232

:

we know that every dollar saved on

management fees just goes towards

233

:

the ad budget, which is going to help

the algorithm gather speed and power.

234

:

So if you're serious about growing your

business and you'd like a team of Google

235

:

ads experts to help you without breaking

the bank, check us out at starter PPC.

236

:

com.

237

:

Okay.

238

:

Back to the video.

239

:

Okay.

240

:

So we're looking at two conversions.

241

:

At least it's not one Double the data.

242

:

Woo.

243

:

153 is not bad for ROAS.

244

:

what we're seeing in this account is that

if we're getting a ROAS around 180, that's

245

:

a MER of I think that's a MER of 400.

246

:

ROAS.

247

:

being 152 is really not bad because

that's going to equate a really high Mer.

248

:

and this company gets a lot of

returning customers because they have

249

:

a subscription box so that Rose really

doesn't have to be that high in order

250

:

for the business to be profitable.

251

:

It's a good business model.

252

:

Y'all should start a farm.

253

:

okay.

254

:

So here again, exotic fruit.

255

:

Oh my goodness.

256

:

Another 90 towards the same

keyword as the top one.

257

:

Only this one's plural and this one's not.

258

:

So we have to add both of these together,

an extra 98 clicks to the wasted spend.

259

:

Oh, and here we have one conversion

at 167%, which sounds great until

260

:

you factor in the fact that this

top keyword is the exact same.

261

:

keyword and that brings

that row as way down.

262

:

yeah, I'm very skeptical about this.

263

:

I think that what we need to do is dig

into this keyword, fresh exotic fruit.

264

:

So I'm going to add a filter and

say keyword text contains or I guess

265

:

let's do equals fresh exotic fruits.

266

:

We'll just look at this data.

267

:

Alright, so overall this

keyword has spent 295.

268

:

That we can see, right?

269

:

Google doesn't share with us all search

term data, which is very frustrating.

270

:

and out of that almost 300, we

have one conversion at a row as

271

:

conversion value divided by cost of 0.

272

:

51 again, I'm looking at all time

data here, there's 32 versions of the

273

:

same search term, rare, exotic fruit.

274

:

It's just completely

ignoring the word fresh.

275

:

And at the bottom you can

compare, the, Okay.

276

:

Cosmic it's actually getting a ROAS.

277

:

That's exactly the same as

the total campaign ROAS.

278

:

So I was expecting it to

drag the total campaign down.

279

:

But it's actually not dragging

the total campaign down.

280

:

so I'm not sure whether we

should pause this or not.

281

:

My suspicions are if the other

keywords can Spend more, they

282

:

will be able to optimize.

283

:

And since they have a higher purchase

intent, we could probably make a

284

:

higher row as on them over time.

285

:

Let's look at some different

date ranges just to double check.

286

:

Whenever you're deep diving

like this, it's always best

287

:

to look at a few date ranges.

288

:

I always do all time.

289

:

Most recent three months, that type

of thing again, total campaign 0.

290

:

51, 12 conversions in

total that we can see,

291

:

So now that I've removed the filter for

cost is greater than 1, I can see that

292

:

there is a little bit more wasted spend.

293

:

So this is the real

ROAS for this one is 0.

294

:

49, whereas the campaign is 0.

295

:

51.

296

:

So it is indicating, that it's

dragging the average down.

297

:

And if we stop going after it, there's a

chance that the average will drag upwards.

298

:

if the other campaigns are getting

a slightly higher row as I think

299

:

this is my biggest indicator.

300

:

What I'm usually looking for is it

dragging the overall row is down.

301

:

If so, let's try turning it off

for two weeks and see how it does.

302

:

let me show you an interesting column

that I think will help in your keyword

303

:

research is this click share column.

304

:

So when you're considering whether you

want to pause a keyword, the question

305

:

is, can all the other keywords do better?

306

:

And part of that question is how.

307

:

Much of the total volume for that keyword.

308

:

The total search volume is

currently being taken up.

309

:

Can you easily shove more money into

the other search terms, the other

310

:

keywords and, or are you maxing out all

those other keywords and it's going to

311

:

start getting expensive to use them.

312

:

so the click share column shows

you, click share is the clicks you

313

:

received on the search network divided

by the estimated maximum number of

314

:

clicks that you could have received.

315

:

For that keyword, how often your

product is clicked depends on your

316

:

ads target, targeting settings,

budget approvals, statuses, bids,

317

:

and the quality of your product data.

318

:

So the fresh, exotic fruits.

319

:

it has a vast market.

320

:

So we're going after less than 10%.

321

:

That's as low as it'll show you,

of the total market for that one.

322

:

Whereas passion fruit delivery,

we're already going after 12%,

323

:

but that's still pretty low.

324

:

if it was more like 80%,

I would be hesitant.

325

:

I would be like, I don't know if

we can shove more money into that.

326

:

because we're already at 80 percent of the

total amount of searchers every month, and

327

:

it's just going to start getting really

expensive to get that remaining 20%.

328

:

Exotic fruit box.

329

:

based on this click share, huge

market and a lower purchase intent,

330

:

especially considering Google

is just ignoring the word fresh.

331

:

And, see if the budget for this campaign

can, the keyword that's spending the

332

:

second most amount of money reallocate all

this budget essentially to all the other

333

:

keywords and see if it's going to, make

the ROAS trend upward over time, which I

334

:

suspect it will, since we just determined

that the ROAS for this keyword is slightly

335

:

lower than the average for the campaign.

336

:

that's my conclusion here.

337

:

I think we can try pausing that keyword.

338

:

I love the word delivery.

339

:

I'm not sure how I feel

about the word box.

340

:

It does indicate someone's looking

for a product though, so I'll leave it

341

:

for now, but it's not very specific.

342

:

if someone's looking for a specific type

of fruit, that's going to be always going

343

:

to be a higher conversion rate, but it's

also going to be probably more expensive.

344

:

So We'll have to see how it

does after pausing this keyword.

345

:

I want to do just 1 thing at a time.

346

:

So we'll do this for a week or 2.

347

:

See if the row starts trending

upward in this campaign and

348

:

then we'll do this again.

349

:

So all right.

350

:

Thank you for watching.

351

:

I hope that this was informative.

352

:

I know sometimes managing keywords

can be a little bit anxiety producing

353

:

because you have to take some risks,

especially when you have limited data.

354

:

You have to think logically about

whether the keyword has purchased

355

:

intent or how the algorithm is.

356

:

Thinking about this keyword based

on the market size, or like we just

357

:

discovered how the algorithm is just

ignoring parts of the keyword that

358

:

are the most important part, like

the word fresh, because oftentimes

359

:

the data isn't super conclusive, and

so you have to take some chances.

360

:

but I think that with the data we

found, we are using some education,

361

:

backed, guesswork here and I'm going

to pause it and we'll see how it does.

362

:

Okay.

363

:

Thanks for watching.

Links

Chapters

Video

More from YouTube