AdWords Automated Bidding Gets An Overhaul: Welcome, Portfolio Bid Strategies

Terminology changes come with some new functionality, including the ability to set different CPA targets at the ad group level within the same bid strategy.

Google is going to be rolling out a revamp of AdWords automated bidding. Some of the changes are just semantic, but the workflow is also getting an update. First the naming changes:
  1. Flexible strategies will be called “portfolio” bid strategies. The change is meant to better indicate that a single strategy can be applied across multiple campaigns, ad groups — and keywords, in some cases.
  2. A strategy that is applied to a single campaign is called a “standard” bid strategy.
  3. Conversion Optimizer will be called Target CPA for all new bid strategies to simplify the nomenclature. Target CPA can still be applied as a “standard” or a “portfolio” bid strategy.
 
AdWords Automated Bidding Gets An Overhaul: Welcome, Portfolio Bid Strategies
 

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