If you’ve ever wanted your ads to display higher than your competitor’s in search results, Google finally has the answer. Target outranking share is an emerging flexible bid strategy that automatically sets bids so you can outrank the ads of a competing domain. It’s a great way to increase your visibility in the search space.
Target outranking does not improve your ad rank in the overall search engine results. It does, however, help your ad display higher than the ad of another domain of your choosing—such as a competitor who often bids in the same auctions as you do. In other words, this bidding strategy increases your ad’s search visibility compared to the competing domain.
So how does it work? If you choose to use target outranking share, AdWords will automatically raise (or lower) your bids so that your ads outrank the other domain’s.
Step 1: To enable target outranking share, go to the AdWords Shared Library. Click the Bid Strategies tab, select +Bid Strategy, and choose Target Outranking Share from the drop-down menu.
Step 2: Choose your strategy settings. Select one domain for each of your bid strategies (if you wish to outrank different competitors in each of your campaigns). Enter your target outranking share percentage for each competitor, and then choose Automatic or Manual mode.
Step 3: Apply your strategy from the Campaigns, Ad Groups, or Keywords tabs in your Shared Library.
While target outranking share sounds straightforward, we have a few tips you should consider when implementing this new bid strategy in your AdWords campaigns:
Target outranking share can be a valuable addition to many AdWords campaigns. To setup a bid strategy for your business, link up with a qualified Digital Marketing Agency. Use our ebook, Paid Media Agency Research Guide, to help you find the right partner to reach your paid media goals.