Join or Die: Digital Advertising in the Age of Automation
all advertising falls into one of two buckets—Prospecting or Retargeting.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
Contextual targeting is what traditional advertising was built upon, but obviously, it has its flaws.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
There are times when we believe that Google’s recommended best practices would be more effective for a given campaign in the long term, but short-term goals or other events might force us to stray from those recommendations.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
At this point in the game, your competitors have the same basic knowledge as you do.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
In every case, allowing machine learning algorithms to process as much data as possible improves liquidity.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
The client admitted that they stuck around because the agency celebrated improvements in Quality Score and decreases in cost per click. So the client, wrongfully, assumed that actual revenue growth would soon follow.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
Manual CPC Google Search advertising primarily relies on contextual targeting.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
The NASA engineers refer to this analogy as the H-Metaphor, which can be described as such: the humans chart the course, then rely on machines to manage the real-time calibrations.
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
Imagine that you were a human algorithm who needed to take all this knowledge (data) and translate it into a strategy. How would you create your own set of rules to test and refine over time?
PATRICK GILBERT • Join or Die: Digital Advertising in the Age of Automation
As we discussed in Chapter 3, automation has changed all of this. We should no longer assume that bottom-funnel search terms are more valuable than top of funnel search terms. However, this traditional approach is still useful for many accounts.