I am stumpted about how to compute 'bid' amounts for Google PPC. Have tried multiple strategies, nothing seems to work.
I assume the trick is to bid high enough to get your ad reasonably placed at the top of the heap, but not too high as to ridiculously overpay. The problem is: How does one go about researching this? I can tell you the trial-and-error approach isn't the answer because what seems to work great on Tuesday completely flops on Wednesday---no rhyme or reason.
I believe Yahoo has (or had) a system in which no matter how high one might bid, the actual price charged for a click can never be more than a penny or so more than the next highest active bid for that key word.
#1: Is this true? and if so, #2 does Google PPC also have such a policy?
If anybody has had success on Google PPC, any insight into how to best determine the appropriate amount(s) to bid would be appreciated. Thanks.
AMSPCS
I assume the trick is to bid high enough to get your ad reasonably placed at the top of the heap, but not too high as to ridiculously overpay. The problem is: How does one go about researching this? I can tell you the trial-and-error approach isn't the answer because what seems to work great on Tuesday completely flops on Wednesday---no rhyme or reason.
I believe Yahoo has (or had) a system in which no matter how high one might bid, the actual price charged for a click can never be more than a penny or so more than the next highest active bid for that key word.
#1: Is this true? and if so, #2 does Google PPC also have such a policy?
If anybody has had success on Google PPC, any insight into how to best determine the appropriate amount(s) to bid would be appreciated. Thanks.
AMSPCS

