Connect with us

SEO

SMX replay: Visualizing Auction Insights data for competitive intelligence

Published

on


Understanding the metrics in Google’s Auction Insights and visualizing the data can give a clearer view of your account’s performance. James Hebdon, co-founder and CTO of Paid Search Magic, shared techniques for using Google Sheets and Scripts to transform Google Ads’ Auction Insights data into a clearer and more compelling report to your boss or clients.

Listen to Hebdon’s full Insights session talk from SMX Advanced last month, above and continue reading for his tips on how to handle your Auction Insights data. The full transcript is also available below.

Bonus tips. When analyzing Auction Insights or communicating your findings with clients, Hebdon suggests that you keep the following in mind:

  • Auction Insights only provides data on the intersection of auctions that you and your competitors are participating in. Even pro marketers can find it tricky to understand, so be cautious with the conclusions you draw.
  • Observing competitor behavior can drive marketers and clients to irrational bidding and budgeting. Use caution when communicating competitive insights to clients or they can wind up focusing on the wrong things.
  • Both Google and Bing have improved the usefulness of auction insights within their respective interfaces, but by building automated templates with Google Sheets you extract even more useful information and create compelling, client-friendly visualizations.
  • You can use this template as a starting place to build your own Auction Insights template.

More Insights. During Insights sessions, experts deliver actionable tips and useful information for digital marketers. Here are a few more sessions you can stream right now:

If you found these sessions informative, consider attending them live on November 13-14, at SMX East in New York.

The full transcript.

Introduction by George Nguyen:

Auction Insights tools in Google and Bing can provide valuable competitive intelligence and bidding insights, but it can also be easy to misconstrue what the reports are telling you if you don’t know exactly how they’re designed to work . By understanding the metrics provided under Google’s Auction Insights and visualizing the data, you can gain a clearer view of your account’s performance.

Welcome to the Search Engine Land podcast, I’m George Nguyen and, on this edition, James Hebdon, co-founder and CTO of Paid Search Magic is going to share his techniques for using Google Sheets and Scripts to transform the information from Google Ads’ Auction Insights into something that’s easier to understand, and is more useful and more compelling to your boss or clients.

Before I hand it off to James though, I’d like to encourage you to check out our other SMX replays — we’ve got another one with tips on improving your YouTube ad performance — you can find that on the Marketing Land SoundCloud stream or as a link in the article that accompanies this episode.

Here is James now, with his Insights session from SMX Advanced.

James Hebdon:

Hey everybody, my name’s James Hebdon and I am the CTO and co-founder of a boutique paid media agency called Paid Search Magic. And today I am talking to you about a tool called Auction Insights, which is a free Google tool that they provide to give you some limited insights into some competitive behavior.

Now, the reason why I wanted to talk about this is that it’s a broadly misunderstood tool. A lot of people have used it; if you go and do a search on YouTube, you’ll get lots of really flashy images that talk about, you know, spying on your competitors. It’s a much more limited tool than that. But if you know how it works and you know how to treat it right, it can give you a lot of insights into your competitors.

Now, early on in internet marketing, there were a lot of academic journals that started getting published about auction theory, applying game theory to auctions, bidding techniques, things like that. And, one of these earlier papers, the researchers were surprised to find out that, unlike a lot of traditional auctions or auctions like eBay, people that were working within Google Ads . . . didn’t exhibit the same type of irrational behavior that people did in other areas; it’s called, you know, “the joy of winning,” or “auction fever.” And they speculated that this was because, unlike these other auctions, the bidders are secret, the bids are secret and you don’t know who the winner is. But they didn’t really drill into it more than that because it wasn’t the focus.

But, a more recent paper that was released by Princeton, they got a bunch of volunteers together and they sat them down in front of a computer terminal and they instructed them on how to deal with auctions, like the best way to do an auction. And, when these people thought that they were competing against the computer, they took the instructions, they did it properly and they managed to not overpay, which is kind of the metric that was used in the study.

However, when they were told that they were competing against humans, almost without exception, the volunteers — even though they had been instructed in how to do it right — they almost all found it impossible to behave rationally. And, that’s just part of the human condition, right, is that we have a difficult time with that.

So, the reason why I’m bringing this up is because using auction insights data can be really, really compelling. In fact, one of the most common uses of it is to show it to clients because when they see that, in front of them, you know, the different competitors that are coming up, how aggressive they are, and you use some of these other techniques we’re going to talk about to show them how they’re behaving, it can really compel a different behavior. They can be more interested in bidding and protecting their brands, things like that. But, you have to use caution because it can also get them to focus on the wrong KPIs.

Now, another thing you got to understand about how Auction Insights works is that it is much narrower in scope than a lot of people think. So, in this whole keyword universe thing here you have a single search term that is triggering a bunch of different keywords, right? And, sometimes they can be really, really different keywords. And, over the past several years, Google has been taking several different steps to broaden the match typing that is going on, making many more people eligible for auctions.

So, the Auction Insights data exists in kind of this narrow intersection that brings up the first metric, which is called an “overlap rate.” And, only in that little overlap, where both you and your competitor are participating in or are eligible for those auctions, do you get any visibility into what they’re doing. Everything that’s on the outside of those circles, you don’t get any information.

Now, Google has a lot of techniques that they use for like budget smoothing and things like that. And, one of those things is that, you know, they have some techniques to try to efficiently exhaust advertiser budgets and they do that through a selection process of determining who’s eligible. That’s not always consistent and it’s not always known, which introduces another unknown element to the types of information that you can infer from Auction Insights data.

So, with kind of all this stuff out of the way, like this is stuff that you need to understand so you don’t pass on bad information — so you don’t take irrational, budget increases or bids or anything like that. These are the metrics that are available with an Auction Insights. The foundational one is that overlap rate because it indicates exactly how much that competitor is overlapping with your keyword set. It’s an indicator of how much like your company they are — basically, how much their product set, how much the keywords that they bid on are similar to yours.

So, if you use that as an indicator of that, then you can make a lot better use of the other ones. Things like impression share, average position, are just weak metrics. Average position is going away for a good reason — it’s because it’s a bad indicator; it’s easily skewed data. The stronger metrics are top-of-page rate, absolute top-of-page rate, position above rate — those all indicate how competitive people are. So that’s the foundation — that’s the things that you have to know just so you don’t screw up the rest of it.

Now, the state of automation right now is such that there’s no API or script access to Auction Insights data. There is some limited access through Data Studio. It doesn’t give you a lot of the transformations that you can get from just downloading the data straight from Google Ads. The template that I use and that is available via a link at the end of this presentation uses Google Sheets as its primary, like, data drop zone. So, you can just like take the data from Google Ads, drop it in there and then it automatically populates all the visualizations and everything that you need.

Hebdon’s steps to building an Auction Insights template.

Now, I can’t go through all the formulas and everything like that, that you would use in something like, you know, an Auction Insights template. But, it’s good to know like just the steps of it so that you can make changes to it if you want, so you can build your own if you want, and the first part is just getting the raw data. You have to determine, first of all, the date range that you want to look at, the time segment that you want to look at. So, 30 days, by day, you know, past 30 weeks, whatever; you have to get the start date and the end date, download the data.

Then you have to focus on the actual area that you want to. And this can be really tricky because if you just look at campaign data, like at an account level, you will get garbage, you’ll get a general idea of all the different competitors that are in the market, but you’ll have no idea of what they’re really doing, especially if you’re running both search and shopping campaigns. Never mix that kind of data because it’s so fundamentally different that it skews anything useful that you might get from it. Generally speaking, the higher level that you go, the less precision and the less you can confidently infer from the data.

When you do segmentation, you can also segment the data by device and increasingly this is a big deal because the user behavior when it comes to device types is so fundamentally different. Metrics like average position is not worth even looking at it if you’re combining all those different devices together. Position one on a mobile device is a much different thing than position one on a desktop. If you combine the data, then you’re not getting anything useful from that.

Now, the next thing that you got to do in any sort of a template is you need to smooth the data. Even if you’re doing this by hand, you have to do this. So, like one of the metrics, search impression share, if you have less than 10%, it will add like some dashes and some brackets and things like that; you have to clear that out. By using a template, by using these functions, like the little substitute thing at the bottom there, you can take those off automatically, so you never have to deal with it. Again, the whole idea of this automation is that you do at once, you never have to do it again.

Now, the biggest thing you have to do with data curation is that you actually have to prioritize the competitors that you’re looking at. You can have 30 competitors that will pop up in Auction Insights data that you download. This is a graph of what they look like. If you graph all of them. There’s almost nothing useful that you can get from that. Maybe a couple of peaks that you could dig into a little bit more. But other than that, it’s just noise.

However, if you can rank them, if you can rank your competitors in some way, then you can get something that is a lot more useful. Something that indicates actual behavior and how it might be impacting you.

The way that we do that is going back to the, you know, all-important overlap rate. You use that as a foundation. You add it to a multiplier, you add the rest of them up and it’s going to give you a much better indication of who your primary competitors are because there’s going to be a lot of like little competitors, especially on Microsoft Ads. You’ll get a lot of ad arbitrage sites and things like that. So, you get these top competitors and now you have a nice list and you can focus on just the top few.

So, the final thing, and this is the good part, is that you start getting to the actual visualizations. You have the data. It’s automatically populated. These formulas, you can go back and look at them and they’re also on the link at the end. But, when you get all that done, then you can start getting these nice clean visualizations. Now you can actually see if there are changes that are occurring when you’re trying to analyze for performance fluctuations or if you’re trying to determine what the impression share is or entrance into the market, things like that.

Another tip, that when you are looking at impression share, if that’s an important metric to you, you need to take it out to really analyze your competitor to behavior. Because of the way that this Auction Insights data is calculated, if you leave yourself in, it will skew all the rest of the data and you can’t really indicate anything from it.

By using overlap rate, you can — these are, by the way, all actual data from clients that have been anonymized — but you can actually see new people that are entering into the market. It’s really useful to see that, especially if you start seeing your CPC fluctuations.

It’s a great way to identify seasonal competitors. You see Amazon in here, they, all the way up until right before Christmas, they’re incredibly competitive with this client. Then they just drop out to nothing during the Christmas season and then they go back up to just a bare presence.

Now, the last thing on this is just overlaying other metrics. The key thing here is just to make sure that you are using the same date range and the same time segment. As long as you have that as your core, then you can compare it to the Auction Insights metrics and if you see a competitor that suddenly starts to rise in position, that’s probably a pretty good indicator that your CPCs are going up or that your average position’s going down.

Now, there’s a lot that you can do to draw conclusions from this data: You can do things like identify bad faith affiliates. I’ve done that, where basically you find out that they are bidding on your client’s brand against rules. You can determine competitors that are conquesting, where they’re targeting your brand terms specifically.

Auction Insights myths, this is the last thing: You cannot back your way into competitor budgets and you cannot determine the keyword set of a competitor. The data’s just not there.

Microsoft ads is a little bit different. They do provide this data. The core metrics are a little bit different and you can only segment it by a limited amount of time, but outside of that and the general they have more noise in the data, you can apply the exact same template to that data as well.

So yeah, so don’t be emotional when you’re looking at the data. Be careful on how you convey that information to your clients because they will take it and they will be compelled by it. Don’t be irrational in how you sell it to them, even if you really want them to raise that brand budget because it can backfire in a big way. Besides that, just make sure you understand the data and use automation because it will save you enormous amounts of time and give you something that can really, really help you as you’re managing your clients. Thank you.


About The Author

George Nguyen is an Associate Editor at Third Door Media. His background is in content marketing, journalism, and storytelling.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

SEO

Google extends optimization score to Display campaigns

Published

on


The campaign optimization score that Google Ads shows for Search and Shopping campaigns is now available for Display campaigns. Scores will be available at the campaign level, and a combined account-level score now encompasses Search, Shopping and Display. You may also see recommendations tailored to Display campaigns.

Optimization scores in Google Ads are now available for Display campaigns.

What is Google Ads optimization score? Scores range from 0% to 100% and indicate how well your campaigns are expected to perform based on a number of factors such as targeting, bid automation, ads and extensions and more. The score is accompanied by a set of automated recommendations with indicators of how much of a score improvement you can expect to see by accepting them.

Why we should care. These scores and accompanying recommendations can be directionally helpful, but don’t accept the recommendations blindly. Carefully consider them and whether they are right for your campaign. And equally important on the flip side, an optimization score of 100% with no recommendations does not mean there aren’t plenty of opportunities for improvement.


About The Author

Ginny Marvin is Third Door Media’s Editor-in-Chief, running the day to day editorial operations across all publications and overseeing paid media coverage. Ginny Marvin writes about paid digital advertising and analytics news and trends for Search Engine Land, Marketing Land and MarTech Today. With more than 15 years of marketing experience, Ginny has held both in-house and agency management positions. She can be found on Twitter as @ginnymarvin.



Continue Reading

SEO

Google Search Console messages can now be viewed without leaving reports

Published

on


Messages within Google Search Console are now accessible through the bell icon at the top of any page within Search Console, the company announced Wednesday. The updated interface now allows site owners to view their messages from anywhere within the tool, without leaving reports.

Source: Google.

Why we care

Being able to reference messages without having to leave the report you’re viewing makes information more accessible and improves our workflow, which can facilitate better decision making.

The categorized messages (as seen in the example above) will also make it easier to locate communications pertaining to a specific issue.

More on the announcement

  • Messages are now categorized into types, such as Performance, Coverage, Enhancement types and so on.
  • When a user gains access to a new site in Search Console, they will be able to view all messages the site has previously received, dating back to May 23, 2019. Messages sent prior to that date can only be viewed in the legacy message list or in your personal inbox.
  • For the time being, old messages are still available in the “Legacy tools & reports” section of the sidebar.

About The Author

George Nguyen is an Associate Editor at Third Door Media. His background is in content marketing, journalism, and storytelling.



Continue Reading

SEO

How to breathe fresh life into evergreen content (and get fresh traffic, too)

Published

on


NEW YORK — Creating content can do wonders for your brand, but not if it goes unseen. A staggering 90% of the content in existence today has been created within the last two years, yet 91% of content gets no traffic from Google, said John Shehata, vice president of audience development strategy for Conde Nast, at SMX East in New York.

Investing in new content isn’t always the right choice for better content marketing. Sometimes, brands are better served by leveraging assets they already have or putting a fresh spin on an existing topic.

Old content, new traffic

“For the first 100 articles that we optimized, we saw a 210% increase in search traffic and our keyword coverage for that content increased by 900%,” said Shehata, explaining the results of his “Pinetree Initiative,” an experiment aimed at expanding existing content and merging underperforming content to increase organic visibility. “Once we refreshed the content, the traffic started increasing immediately. It went from like 100 visits to like 15,000–20,000 visits.”

(Don’t Miss SMX West in San Jose!)

“You’re reporting news or something trending, the traffic spikes out for like 24 to 48 hours, and it’s done, right?” Shehata said. “Versus evergreen content — that content can bring you traffic for a year plus.”

Content is considered evergreen if it remains relevant long after its publication. Tutorials, FAQ’s, in-depth guides, expert interviews and case studies are all examples of evergreen content.

In addition to providing more sustainable traffic to your site, evergreen content also insulates publishers from slow news cycles and can drive prospects to the top of the funnel, Shehata said.

However, news content can still be valuable and publishers should aim for a 60/40 split of both content types, in either direction, said Shehata. For example, if you’re a news publisher, 60% news and 40% evergreen content is more likely to resonate with your audience, as where an industry-based publication might publish 60% evergreen and 40% news content.

Refreshing evergreen content, step by step

Conde Nast’s search traffic and ranking keyword growth was made possible by a process that Shehata developed specifically for content refreshes. It begins with examining your own site, analyzing the search results pages for your target keywords, evaluating competing content, optimizing on-page content and publishing and promotion, as illustrated below.

1. Assess your existing content. Brands can begin their evergreen content refreshes by either selecting a topic and keywords or selecting a main page to refresh, said Shehata.

Whichever starting point you choose, the next thing you’ll need to do is identify all of your own competing pages that rank for the target keywords. Shehata does this by combining Google Sheets with various keyword research tool APIs to consolidate the URLs and relevant metrics into one place, giving him a better idea of the landscape of his content, which pages to avoid cannibalizing, which underperforming pages can be merged into more authoritative content and which relevant content can be included in your new evergreen article.

2. Research the results page. “Last year, we had this amazing page about celebrity homes, and it wasn’t getting any traffic at all,” Shehata said as an example of the importance of aligning with search intent.

“When we analyzed the SERPs for other types of content that are ranked for that topic, all of them were galleries. Google identified the intent for ‘celebrity homes’ as people watching galleries. So, we converted the page from an article format with a couple of images to a gallery with less content. And, guess what? Immediately ranked number two. So, the characteristics of the content are very important for the success of the SEO.”

Understanding the type of content search engines surface for specific queries can give publishers an idea of how to present their content so as to increase their chances of ranking well.

The difference in search intent between the queries “how to pack a suitcase” and “best carry on suitcase” manifests in the different types of results that surface.

In addition to the particular formats of content that make up the top organic results, you’ll also want to take note of any rich results that appear and ask yourself why they might be surfacing. For example, if a news carousel is present, is the topic news-driven, and if so, how will that affect your odds of ranking well?

Featured snippets, which often resolve a user’s query right on the search results page, may also provide you with information about the questions people are likely to ask on a given topic. Simple resources such as Google’s “People also ask” box can help you identify common questions to address, which yields opportunities to add more depth to your evergreen content, Shehata said.

3. Evaluate competing content. “If you are writing about how to boil an egg, and all the other sites that are ranking mention ‘eggshells,’ and ‘breakfast,’ and ‘easy,’ you may want to consider these topics to give you complete and in-depth coverage of your topic,” Shehata said.

Conducting a term frequency-inverse document frequency (TF-IDF) analysis is one method that may help you identify those “must-have” terms as well as the related entities that should be included in your refreshed evergreen content.

The next step in the process involves a more granular look at the pages that rank for your target keywords to determine what search engines consider to be a “right answer” for that type of query, Shehata said. As with the SERP analysis step, you’ll want to examine the way the content is presented, but also its length, publishing date and other commonalities for clues as to why the content might rank well.

4. Optimize on-page content. After collecting the above-mentioned information, it’s time to refresh the content by expanding the original article, merging it with other relevant, underperforming content and setting up redirects.

“When you refresh content, it should be at least 30% new,” Shehata said. A new title, introduction, publishing date and more new internal links should accompany your optimizations.

Once your evergreen content has been updated, look for internal linking opportunities amongst your existing articles. You’ll also want to loop in your social and email teams to make sure that the content that got refreshed is in their workflow. “It’s all the signals that tell Google this is new, refreshed content,” said Shehata.

During your content refresh process, pages with conversion goals, such as newsletter signups or affiliate links, attached to them may have been affected. This would be the time to clean up any loose ends by finding a way to implement them on your updated page.

5. Time to publish. For evergreen content pertaining to seasonal trends, aim to publish three months ahead of time to maximize your results, Shehata advised.

“In general, your refreshed, optimized content will last you at least a year, if not longer,” said Shehata. Should traffic start to substantially decline, it may be time to conduct another round of refreshes. Creating an editorial refresh calendar can also help keep you on track with future updates.

Quality content takes a considerable amount of resources to create. But, by finding creative ways to refresh or repurpose it, while striking a balance between evergreen and news content, you stand to maximize the efficacy of the content you do create and bolster traffic for your brand over the long haul.


About The Author

George Nguyen is an Associate Editor at Third Door Media. His background is in content marketing, journalism, and storytelling.



Continue Reading

Trending

Copyright © 2019 Plolu.