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February 1st, 2010

Don’t Set it and Forget it

Four simple steps to help your campaign keep up with new searches

I can’t possibly be the only person that remembers the line “just set it and forget it”.  Those were the good ol’ days—the same days as when you could just set up a search marketing campaign and leave it alone. 

Not anymore. Users are more sophisticated in their searches now, and we’ve seen that up to 20% of searches in any given month can be search queries never seen before by a search engine.  This means if you leave your campaign untouched, you could be missing 20% more traffic.

So what’s the best way to keep up to speed with the changing search tide while maintaining your sanity?  Here are our four simple steps that will help your Yahoo! Search Marketing campaign keep pace.

If you’re a do-it-yourselfer, you can use our new Yahoo! Search Marketing Desktop tool.  It allows you to easily execute bulk changes and optimizations within an intuitive desktop interface, spending less time on the tactical details of campaign management while maximizing your returns.  And if you happen to have your campaigns managed by SEM Agencies, you can check with them to see if they are doing all these things to give you the best performance.

1.  First off, let’s set up the campaign properly
Start off making sure your campaign is opted into Advanced Match (this is the default setting).  Advanced Match campaign will display ads for a broader range of searches relevant to your keywords, titles and descriptions, or web content than you may have thought of yourself. This includes concepts that are related to your keyword, but that do not necessarily contain your keyword.  Think of Advanced Match as the sales guy that’s going above and beyond to bring in great leads where you least expected them. 

Which keywords should you start with first?  Well, if you have a big budget and want to focus on driving traffic, then you may want more high-volume search terms (e.g. car) in your campaign. If your objective is getting higher conversions, you may want to include more tail terms as they are more product specific (e.g., new 2010 Toyota Prius hybrid car).  Make sure to use excluded words (or negative keywords) to avoid matching to terms that are not relevant to your product or service. 

2.  Monitor your campaign regularly
Because search habits constantly change, you should tune your campaigns as regularly as possible.  The frequency really depends on you and what your objectives are, and if you’re meeting those goals or not. 

The best way to determine your campaign’s performance is through the myriad of reports available through our reporting tools.  It’s kind of like when you check traffic in the evening to determine the best route to take home.  You may choose to take the shortest route but sit in a little bit of traffic (or a lot if you’re on highway 101).  Or you may choose a route that is longer but less traveled, and gets you home 15 minutes earlier.  The same logic applies to your campaign.  Know your objective, and look at the reports to help you get there.

Once you have some insight about which campaigns and keywords are performing, here are some things you can try:

  • Work with your account manager to identify additional keywords and bid opportunities.
  • Take advantage of our keyword suggestion tools & discovery tools to supplement your existing keywords.
  • Use organic search results to optimize campaigns and expand your keywords or add excluded words to avoid future matches.

3.  Tune your campaign
By now you have a pretty good idea which keywords are doing well in your campaigns, and which ones are lagging.  It’s time to take action.  Separate lower performing keywords from higher performing keywords so your high performers aren’t dragged down by your low performers.  Create a “low budget” campaign that includes all of your low performing keywords, and use lower bids so that you continue to participate in the marketplace. 

Another tuning technique is to separate keywords that get a lot of clicks from low-volume keywords.  This allows you to tweak your ad copy for the greatest impact on the high-volume terms.  Mixing the two may dilute your campaigns overall performance, and make it difficult for you to determine which keyword is negatively affecting your campaign’s Quality Index.

 4.  Sit back and enjoy the fruits of your labor…but don’t get too comfortable
Now that you’ve tuned your campaigns, give it some time to see how each campaign performs, but don’t let it simmer for too long.  The duration really depends on how much traffic you’re getting.  You may notice changes taking effect immediately, or you may have to wait a few days or weeks to see the full impact.    

At the end of the day, where does this cycle of keyword addition, monitoring, separating, tuning, re-running your campaign take you?  It allows you to improve your ad quality and your campaign performance.  The better a campaign’s performance, the less it’ll cost you to participate.  And who wouldn’t want a few extra dollars back in their pockets?

Besides, if you’re not managing your campaign regularly, you can bet your competitor is—and possibly taking traffic away from you.  To protect your traffic and your business, we encourage you to actively manage your campaign. Don’t just set and forget it!

—Payam Tehrani, product manager, Sponsored Search ad selection

 Author’s note: I welcome your feedback on this blog, and highly encourage you to share your experiences and offer your best practices in managing your Yahoo! Search Marketing campaign.

Posted by Administrator

[ Categories: Features, How To's ]

8 Comments Add your own

  • 1. Don’t Set it and Forget&hellip  |  February 1st, 2010 at 2:38 pm

    [...] more, visit the Yahoo! Search Marketing Blog. Posted by [...]

  • 2. SearchCap: The Day In Sea&hellip  |  February 2nd, 2010 at 2:00 pm

    [...] Don’t Set it and Forget it, Yahoo! Search Marketing Blog [...]

  • 3. Joey  |  February 12th, 2010 at 10:16 am

    Absolutely agreed! The worst thing you can do with sponsored search is to set it and forget it. This hurts your conversions and actually causes you to lose money on your ads. You must constantly be optimizing your campaigns and always testing. Test, test, test. Thanks for sharing.

  • 4. John Bump  |  February 15th, 2010 at 1:03 pm

    I was wondering if anyone else is having problem with the Yahoo Search screen and Dashboard. Failure to updaye screens, screens sticking and blacking out, active vs paused not working. I am trying to duplicate these problems on another machine as I write. I would also like to know if ads will NOT show if your BID is below the expected bid?

    JB

    http://www.squidoo.com/Human-Rewriter-Article-Writer

  • 5. Ali Shahmiri  |  February 23rd, 2010 at 2:28 pm

    To whom it may concern:
    I had an account and I decided to discontinue because it wasn’t working for me. My reason for sending this message is not the lack of success. The rules clearly indicate the account will be charged when the balance amount is less than sum of last previous days. well the sum of last three days for my account was $15, and I had $28 in my account balance, but my credit card was charged $30. It doesn’t make sense, correct? I wrote Yahoo and asked my credit card to be reimbursed $30 but it has not happened. I deleted all my ads and as soon as I get my $30 back, I close my account.

  • 6. Stephen Page  |  February 24th, 2010 at 3:07 pm

    Our site visits died (from 650+ to 100 per day) the day we created a Search Marketing relationship with Yahoo Advertising.
    Has anyone else experienced this?
    Stephen Page
    Chairman
    The VRL
    USA: 214-393-4662

  • 7. NellieMarie Edwards  |  February 27th, 2010 at 8:38 am

    There are so many possibilites now to choose a marketing relationship–I am wondering if anyone is making a survey based on how these programs produce–that is, how many actual sales, what amounts, etc. All info seems to be mostly “war stories” from clients, we need something more factual.

  • 8. Air Purifiers Direct 2U  |  March 8th, 2010 at 2:44 pm

    This is a no brainer. Yahoo seems to be working fine for my company, but I still like Google AdWords better for now. I’ll wait to see how things change later this year when Yahoo and Microsoft combine forces for PPC advertising.

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