Create an efficiency boost for yourself and compared to your competition.
The future of competition is about who can send the best data signals to Google.
Don't waste time on manual calculations. Automate POAS.
Increasingly the optimization options within Google Ads campaigns are disappearing. Therefore, it is becoming more about who can send the best data signals to Google themselves.
Do you include profitability? Then you create an efficiency boost for yourself, but also when compared to your competition.
Finally, add POAS information to Smart Shopping Buckets to make better use of the Google Bid Simulator. Turn Google into a profit machine!
In the example, A is a brand bag, and B is a house brand bag. In ad A, the ROAS comes closest to the target. Therefore, ad A seems to perform better than ad B, where the ROAS significantly deviates from the objective.
You probably would have stopped ad B based on ROAS. That would be the wrong choice. In the end, if you look at the profitability of the ads, you see that ad B (POAS> 100%) wins over ad A. POAS <100%. In ad A your margin is smaller than your ad’s cost, and therefore you make a loss.
(Important to note: it could be that someone comes on your website after clicking on an ad for a specific product and then buys a different product with a different margin than the product you were advertising with. That is why we also speak of the margin per advertisement.)
Don't waste time on complicated manual calculations. In Adchieve, you will get three months of free insight into your POAS at any level: Per account, campaign, ad group, and/or product group. Three clear and direct new columns in your own Google Ads account.
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Adchieve is an award-winning software solution. Adchieve makes large-scale advertising easy by using smart people, data science, and automation. The software allows customers to better manage their KPIs and results from ads on Google or Facebook and on Marketplaces such as Amazon. Adchieve works with customers who have a leading position in their market: that fits the winner's brand and status. Adchieve's motto of “engineering success” is not for nothing.