Finding answers to frequent questions like why an account saw an increase/decrease in clicks or conversions is tedious. A drop in conversions or clicks can be attributed to multiple elements like keywords, placements, or an entire network, which makes answering such questions difficult and time consuming.
Optmyzr has automated this investigation process through its new PPC Investigator tool. If someday, your account experiences a sudden decrease in clicks, just ask PPC Investigator what brought on the change and you will get an answer within seconds.
How does it work?
As the performance of every metric depends on the performance of other underlying metrics, PPC Investigator uses the relationship between different metrics to show potential causality. Then it takes it to the next level and highlights exactly which element (keyword, ad group etc.) in the account caused performance to change. There are two levels at which the performance change can be investigated – Cause Chart and Root Cause Analysis
Cause Chart
The Cause Chart breaks down a metric’s performance into its underlying related metrics and highlights the metric that impacted performance in red. Analysis from the Cause Chart can help find those areas in an account that can benefit from a bid or ad optimization. For example, if conversions dropped and the underlying reason is identified to be an increase in impression share lost due to ad rank, a bid optimization will help. Subject to availability of budget, an account manager can choose to bid higher for better impression share, higher CTR and more conversions.
But wait! That’s not all! PPC Investigator also helps in examining and identifying the positive and negative top movers in an account. It shows the elements in an account (keywords, ad groups. campaigns) that were significant contributors to the change in the account over a period of time. This analysis is available under the Root Cause Analysis tab.
Root Cause Analysis
PPC Investigator’s Root Cause Analysis evaluates the exact Campaigns/Ad groups/Product partition/Keywords etc. responsible for change in an account. The tool finds the top contributors by taking into consideration individual keywords/ad groups/network/device and even their combinations like keyword+device or network+ad group. You can view the top three positive and negative movers for a particular account which are further broken down to check sub-contributors. Here is a quick overview of the account insights the Root Cause Analysis can give:
Read more about the PPC Investigator here. You can try it out in your Optmyzr account under the Data Insights tools.