5 Simple Ways to Optimize Display Ad Performance and Drive Conversions
Display ads have taken off in recent years, after they had fallen out of favor for quite a while due to inefficiencies in reaching marketers' target markets. The whole display advertising game has changed dramatically, and channels like the Google Display Network (GDN) are raking in profits for those who are able to find and convert their target audiences.
There is a lot more to it than just throwing together a few ads and adding them to the network, however. There are at least five critical areas that need to be closely monitored and given daily care and attention to develop and maintain a successful GDN strategy. This is a very competitive marketplace, and these tactics all must work in concert to have a fighting chance at success. In order to keep up with them, put your much energy these five areas of advertising on the Google Display Network:
1. Keyword Lists
Your keywords direct the GDN to sites where your ads will be shown. You will, obviously, want to target relevance to your product or service, so building the keyword list is quite important.
And as important as building that list is testing it. Take series of 10 to 20 keywords and test them against each other to see which ones perform at the highest level. When you divide them into groups, you can assess them at that level and test their efficiency. Eliminate groups that don't perform well, create new ones and constantly test keyword them to find the best spots for your ads.
2. Ad Placement
Keywords will help with placement, but look deeper into where you ads garner good clickthrough rates (CTR) in conjunction with low cost per acquisition (CPA). This is key to success on display networks. Network algorithms are imperfect and may determine a page to be relevant when it's not. Irrelevant pages suck up impressions and, even worse, could end up generating clicks that convert poorly.