Google 2012-09-16 | Google Adwords Consultant - Adwords Expert Chennai India - Kamal Chandran

Tuesday, September 18, 2012

Shared Budgets a New Feature in Google Adwords


Shared budgets is a new feature that lets you establish a single daily budget that’s shared by multiple campaigns in an AdWords account. Shared budgets can make it easier to match your AdWords spending with how your business allocates marketing budget. And they can save you time and improve your AdWords results. Let’s see how with an example.

How Shared Budgets Work
Say you’re an outdoor furniture seller with a single line of products. You’re currently running three campaigns: 
  1. A desktop search campaign
  2. mobile search campaign
  3. remarketing campaign to reach people who have visited your site but didn’t convert
Your overall marketing plan allows you to spend $100 per day across your three campaigns. Without shared budgets, you’d next have to decide how to allocate the $100 daily AdWords budget across each of your three campaigns. Say you set a $60 daily budget for your desktop campaign, a $20 daily budget for your mobile campaign, and $20 to your remarketing campaign.

On most days, each campaign hits its daily budget and you’re satisfied with the ROI of each campaign. But on some days, your desktop search campaign sees fewer impressions and clicks than other days. So you only spend $90. On these days, your overall campaign results could be stronger if you were able to put an additional $10 into your mobile search campaign or remarketing campaign.

Using shared budgets allows automatic adjustments across campaigns, so you don’t have to constantly monitor and change individual campaign budgets throughout the day.

Creating a shared budget
It’s simple. Log into the AdWords interface, then click Shared library, and select Budgets. Then follow the steps to Create a new shared budget (see image below).


Reporting
The “Shared library” is also where you can review aggregate performance metrics for multiple campaigns with a shared budget.

Learn more
For more on shared budgets, please visit the AdWords Help Center or the AdWords Community to ask questions or share tips.

Social that Adds Up: Performance and Measurement

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Join us for a webinar on Tuesday, September 18th at 11am PT, in partnership with Hootsuite, to learn how we can make better decisions based on performance metrics of social networks using Google Analytics social reports. Register today, it’s open to everyone!

Adam Singer, the Product Marketing Manager for Google Analytics, will go beyond the current social metrics of followers, +1’s, likes and others, to discuss the true impact your social media is making on your brand’s bottom line. Many of the current metrics available allow us to measure the reach of our message, but not necessarily the ROI. Learn how to connect visits to your social pages all the way through to a sale or conversion on your website.

You’ll also learn how social media can impact the rest of your digital presence. For example, when you verify your Google+ Page, recommendations from your customers and fans may be more likely to appear in search results on Google. This can raise the social awareness of your business and increase its relevance. For paid marketing campaigns, social can actually help you improve clickthrough rate performance. 77% of US consumers trust recommendations from their social media connections, more than any other media source, meaning that +1s may have a positive effect on purchase decisions. On average, search ads with annotations have a 5-10% uplift in clickthrough rate. Some of our advertisers have seen even higher uplifts, H&M achieved 22% uplift and Cadbury achieved 17% uplift in clickthrough rates on their search ads.

Start measuring the value you’re creating through your social media campaigns!

Source: http://adwords.blogspot.in/2012/09/new-adwords-budget-option-shared-budgets_17.html