Google Ads Shows Year Over Year Click Cost Increases

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Search Engine Land, one of the pay per click industry’s top online magazines, has just published its statistical data analysis for Google Ads performance. Read the full article online. 

They identified the following information for 2023 vs. 2024. 

Search campaigns:
ROAS up 2% YoY
CPA down 3% YoY
CPC up 22% YoY
Conversion rate up 21% YoY

Performance Max campaigns:
ROAS: Up 1% YoY, from 609.77% in Q3 2023 to 616.36% in Q3 2024
CPA: Up 8% YoY, from $13.92 in Q3 2023 to $15.15 in Q3 2024
CPC: Up 6% YoY, from $0.50 in Q3 2023 to $0.53 in Q3 2024
Conversion Rate: Down 3% YoY, from 3.56% in Q3 2023 to 3.47% in Q3 2024

Shopping campaigns with PMax: 
ROAS up 4% YoY 
CPA down 15% YoY 
CPC down 10% YoY 
Conversion rate up 5% YoY 

What we find is that while most of our advertisers saw modest year-over-year gains in return on ad spend (ROAS) and conversion rates, the rising cost per click cost cut into those improvements. 

For some clients knowing that the cost per click has increased 22% from 2023 to 2024 is not news to them, but to others, seeing the actual data broken down my campaign type may be illuminating.

Although no one likes to have to increase their Google Ads spend budget just to stay competitive, the data points out that ad spend budgets should be reviewed regularly to keep your business competitive in the Google Ads auction. 

For existing clients, we are offering a free analysis in December to plan a 2025 Google Ads spend budget by month; allowing you to compete effectively in this changing landscape. Please let us know to add you to our 2025 budget planning session by December 10th  and receive a free Google Ads budget plan by month.  

If you are not a client yet, you can get a two year analysis and a 2025 Google Ads spend budget by month for $250. Please contact us by December 15th with payment.

Google Affirms Support for Third-Party Cookies in Chrome: What It Means for Your Ads

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Google has recently announced that it will not be depreciating third-party cookies in Chrome, which is a significant update for marketers and advertisers. This decision ensures that third-party cookies will continue to play a crucial role in audience targeting and remarketing strategies within Google Ads.

What Does This Mean for Audience Marketing?

  • Remarketing Ads Remain Effective:

With third-party cookies remaining active, marketers can continue to serve remarketing ads to users who have not opted out of targeted advertising. This means that if a visitor engages with your website and does not refuse targeted marketing, you can still reach them with customized ads that encourage further engagement or conversions.

  • Similar Audiences May be Back:

Google’s support for third-party cookies will likely reinstate the use of similar audiences for users who have not opted out of targeting marketing. This feature uses data collected from third-party cookies to find new potential customers who share characteristics with your current audience, thus expanding your reach effectively.

The Policy Update on Third-Party Cookies

Google’s decision aligns with the growing need to provide users with more control over their privacy and data. Now, with the upcoming feature in Chrome, users will have the option to make an informed decision regarding their tracking preferences across the web. This change primarily affects users who opt out of tracking, ensuring those who consent can still benefit from personalized ad experiences.

Impact on Marketing Strategies

  • Enhanced Personalization:

Third-party cookies enable highly personalized ad experiences. By continuing to access this data, advertisers can create compelling and relevant ads that resonate with their target audience.

  • Improved Campaign Performance:

The ability to serve remarketing ads and leverage similar audience data enhances campaign performance. These strategies typically result in higher engagement, better conversion rates, and increased return on investment (ROI).

  • Adaptation to Regulatory Changes:

With various states requiring websites to allow visitors to opt out of tracking, this policy ensures compliant businesses can still engage with users who consent to targeted ads.

Conclusion

Google’s decision to maintain third-party cookies in Chrome represents a win for advertisers relying on audience targeting and remarketing strategies. It enables businesses to continue delivering personalized ad experiences while adhering to privacy regulations. For website owners and advertising agencies, this update underscores the importance of staying informed about user preferences and adapting strategies accordingly.

Stay ahead of the curve by leveraging these insights in your Google Ads campaigns. If you need expert guidance, don’t hesitate to contact our team for top-notch Google Ads management services.

 

Why Your Business Needs McCord Web Services for Google Ads Consulting and Management

Team reviewing a proposal from McCord Web Services.

In today’s digital-first world, being visible online is not just an advantage—it’s essential. This is where Google Ads steps in, offering businesses a potent tool for increasing visibility, driving traffic, and generating leads. However, navigating the complexities of Google Ads requires expertise, experience, and a strategic approach. Enter McCord Web Services, your partner for Google Ads consulting and management.

A Decade of Excellence

With over 10 years of experience in setting up and managing Google Ads accounts, McCord Web Services brings a wealth of knowledge and a proven track record to the table. We’re not just another digital marketing agency; we are a Google Partner, recognized for our expertise and commitment to excellence in Google Ads. Yearly examinations ensure we retain our certification, meaning our team is always up-to-date with the latest Google Ads innovations and best practices.

Tailored Strategies for Success

When it comes to Google Ads, one size does not fit all. Our team is certified in Search, Display, Shopping, and Video advertising, allowing us to tailor our approach to meet your business’s unique needs. Whether you’re looking to generate sales, increase leads, or enhance brand visibility, we focus on creating strategies that drive real results. But don’t just take our word for it. Jim A., a satisfied client, noted, “McCord Web Services has provided us with superior, professional service that is 100% targeted to our business needs.”

Proven Impact

Our clients frequently testify to the impact of our Google Ads management services. Mark F. shares, “Nancy and her team stay informed about Google changes so they can make our Google Ads campaigns as productive as possible. Nancy communicates well and has helped boost our business through cost-efficient advertising well beyond our in-house capabilities.” These success stories are a testament to our ability to adapt and innovate, ensuring your advertising spend is as efficient and effective as possible.

Credibility and Recognition

Our expertise is recognized not only by Google but also through our partnership with Microsoft Advertising. This dual recognition further validates our credibility and proficiency in managing digital advertising campaigns across major platforms. Choosing McCord Web Services means partnering with a team whose expertise is acknowledged by industry leaders.

Why Choose Us?

In the realm of Google Ads, where competition is fierce and the landscape perpetually shifts, having a seasoned expert by your side is invaluable. McCord Web Services stands out in the crowded digital advertising space for several reasons:

  1. Expertise and Experience: Our in-depth understanding of Google Ads intricacies ensures your campaigns are optimized for maximum performance.
  2. Customized Strategy: We believe in a tailored approach, ensuring that your advertising efforts align with your business objectives.
  3. Continual Learning: We keep abreast of the latest developments and changes within Google Ads, ensuring your campaigns remain on the cutting edge.
  4. Proven Results: Our success stories speak volumes about the effectiveness of our strategies and our commitment to achieving your advertising goals.

In conclusion, if you’re looking for a Google Ads consultant that offers more than just management but a strategic partnership aimed at growing your business, look no further than McCord Web Services. Visit us at https://www.mccordweb.com and discover how we can take your Google Ads campaigns to the next level.