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Increased bidding on key search terms, including ‘brand searches’ that identify particular hotels, has sparked a sudden increase in cost-per-click, with Google Ads rising 62.5% In fact, the extra investment driving this change is making itself felt in other ways too. from $0.16 to $0.48 (up 128.6%).
Metasearch engines, on the other hand, work on a cost-per-click business model (something well discuss in more detail below). Bidding on metasearch ads Depending on the platform, hotels typically can choose between two metasearch payment models: cost-per-click (CPC) or commission-based. Compete with OTAs.
Next, gauge the click volume by multiplying your average click-through rate (or your anticipated CTR) by impressions. Now you’re ready to narrow your ad spend by multiplying your average costperclick by the click volume. Keywords should go in groups based on relevancy and search intent.
This will help you target high-intent customers, capture more traffic, and ultimately increase sales and revenue. Affinity Audiences: They are narrowly pre-defined by Google based on their interests and shopping behavior surrounding a specific product or service. Viewable Cost-Per-Thousand Impressions (vCPM) — based on ad viewability.
Metasearch differs from OTAs in that you can direct travelers back to your website to drive direct bookings, and it works on a non-commission model; instead, you pay a costperclick (CPC). You can set a budget for how much you want to bid for each click and adjust bids to optimize your overall strategy.
Determine Your Bidding Strategy Hotel Ads utilize the following bidding strategies: CPC %: Under this model, if an internet user clicks your ad, your bid would go toward a percentage of the nightly room cost. You can also make single or global lists of negative keywords. Privacy-First Focus: Data privacy remains a top concern.
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