Optimize your Bid Manager campaign Assessment Answers - Category

Optimization means building your campaign so it’s effective in working toward your goals, and then using performance data to find what gets results and doing more of it.

 

Bid Manager Optimization Assessment Answers

https://academy.exceedlms.com/student/path/1974

 

 

 

What can you do to optimize in the final week of your campaign’s flight?

Decrease all of your bids to ensure the best cost per thousand impressions (CPM).

Delete any line items that don’t meet your cost-per-action (CPA) goal.

Make sure that the budget is spent in full on the highest-performing insertion orders.

Let auto-optimization handle the last week of the flight.

 

What is the most important factor to consider when evaluating viewability and ad position performance?

Whether the position was relative to the size of the screen

That you’re counting apps and sites equally

That viewability and ad position data are measurable

That below the fold inventory cannot also be “viewable”

 

What’s a good frequency when your goal is to start raising awareness with new people?

Ten per day — spend some extra so they remember you.

Unlimited — make sure they remember your brand.

Three per day — build awareness, but don’t waste budget on unneeded reintroductions.

One per day — you’re just trying to meet new people

 

What’s an important consideration when excluding keywords of categories that you deem unsafe for your brand?

This can expand your reach to sites you do not intend.

Categories change so frequently that they have an unpredictable effect on reach.

Doing so can significantly reduce the inventory your ads can appear with.

It can be expensive to implement and maintain.

 

When would you avoid setting your display insertion order’s pacing to “ASAP”?

To keep spend easy to track and report

When you want to ensure you don’t consume your budget too soon and miss valuable impressions

When your unclaimed budget can be reclaimed by your advertising department

To ensure you always get some of the very best inventory, no matter when it was auctioned

 

What is the maximum amount Bid Manager will increase your bids when using bid multipliers?

5x

20x

15x

10x

 

What’s a promising way to increase your remarketing list’s potential impressions?

Include the audience that has been to the “Thank you” page

Decrease the frequencing setting

Include similar audiences

Group multiple audiences using AND logic

 

What’s the best way to optimize for creatives with high click rates?

Add them to a blacklist so you can exclude them from bidding.

Bid higher for their entire insertion order.

Move them to their own line items and bid higher for them.

Update their visuals and messaging to make them even more compelling.

 

Which of the following is an example of low performers when trying to influence consideration?

Audiences with many conversions and high costs per thousand impressions (CPMs)

Sites with low viewability and no conversions

Sites with low volume, but high conversions

Sites with high viewability and clicks

 

Which can be one of the most effective strategies for driving action?

Including the “Thank you” page in your first-party audience targeting

Always targeting a filtered URL and app list based on where users have converted in the past

Setting the cost per action (CPA) goal 50 percent lower than your target CPA

Using recency targeting with first-party audience lists

 

What is a way to improve your targeting when your goal is influencing consideration?

Bid up on the highest-performing audience lists.

Increase targeting until the audience is under 1,000 users.

Bid up on the audiences with the highest impressions.

Bid up on the sites with the highest cost per thousand impressions (CPMs) and the lowest number of clicks (because they’re guaranteed to be premium inventory).

 

What is a key reason to check pacing for TrueView insertion orders right after launch?

To ensure TrueView bids are not cost-per-view (CPV) because that could cause overspend

To ensure they have not been rejected due to ad policy

To ensure TrueView ads always pace ahead because they are more profitable

To ensure the daily budget has been manually calculated correctly.

 

At its most basic, how do you optimize your campaign?

Find out which components are best at getting the results you want, then update your campaign to favor those components.

Find out which components are driving the most revenue, then update your campaign to favor these components.

Find out which creatives are most effective, then run more creatives like those.

Find out which sites and apps bring the best response, then target more of them.

 

When optimizing to build awareness, what components should you optimize first?

Sites, creatives, and time of day

Audience, creatives, and brand

Viewability, budget, and pacing

Spend, pacing, and frequency

 

Paul wants to make sure his ads reach users who visit a popular delivery app. Which dimension will he choose when setting up his bid multipliers?

Audience Lists

Apps and URLs

Geography

Demographics

 

How can the pacing metrics help you to optimize remarketing line items?

By showing you what inventory more spend might have acquired

By helping you ensure your bids and budgets are not limiting impressions won

By showing you specifically what pacing should be set at in the next flight

By helping you ensure the frequency settings do not cause impression loss

 

You have an insertion order designed to get more customers to install your app. What is its goal?

Influence consideration

Drive action

Create loyalty

Build awareness

 

Why is defining a primary goal the first step of optimizing your online advertising campaign?

It tells you how to configure your campaign to be effective until you have performance data to guide you.

Campaign budget is based on goal, from lowest when creating loyalty to highest for awareness raising campaigns.

Bid Manager’s optimization wizard uses it to configure the campaign to drive your goal.

It’s the first field you fill out when starting a new campaign in Bid Manager.

 

Manual optimizations to which components typically provide the greatest impact?

• Budget, pacing, geography, and inventory
• Bids, frequency, site targeting, and creatives
• Loyalty, awareness, action, and consideration
• Advertiser, campaign, insertion orders, and line items

 

Why would you look at an impression lost chart when making quick optimizations?

• It shows how many clicks you've earned, and how many you are missing out on due to the bid.
• It shows potential spend based on the audiences targeted for the line item.
• It shows how many auctions you're losing due to bids, budget, and frequency.
• It's an easy place to see all your bids.

 

Why would you use fixed manual bidding for a line item instead of leaving it to automated algorithmic bidding?

• You know the targeted audience is especially valuable and you want to make an extra effort to reach it.
• Because you have enough performance data and no longer need the algorithm to make estimates
• Because you can factor in more variables than Bid Manager
• To see if your intuition can beat the algorithm

 

What's a possible way to optimize toward a $10 cost per action (CPA) goal if your current CPA is $50?

• Set a $10 goal, and bid very high.
• Set a $45 CPA, and then continue to lower it in $5 increments over time.
• Set a CPA goal of $60, and then incrementally increase the goal over time.
• Set the counting method to include only a percentage of the post-view clicks.