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If a marketer’s goal was to drive more value from lead generation campaigns, why would value-based bidding be a viable solution?

Last Updated on 2 years by School4Seo Team

  • Because it would allow them to focus on maximizing website traffic in order to get new potential customers
  • Because it would optimize for driving lead volume, as all customers create the same amount of value
  • Because it would optimize for high-value customers as well as a high volume of leads.
  • Because it would allow them to maximize total conversion value at a desired ROAS target or budget

The correct answer is: Because it would allow them to maximize total conversion value at a desired ROAS target or budget

If a marketer’s ambition is to extract more value from their lead generation campaigns, value-based bidding emerges as a suitable solution. By maximizing online sales or leads value within a preset budget or ROAS target, value-based bidding allows the marketer to concentrate on their most critical business objective—augmenting website traffic. The smart utilization of AI in this approach facilitates driving the highest possible conversion value.

Reference: https://school4seo.com/google-ads-tips-and-tricks/unlocking-business-growth-through-value-based-bidding-a-comprehensive-guide/

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