How to effectively improve the conversion effect of information flow?

How to effectively improve the conversion effect of information flow?

  • The cost remained at 180 a few days ago, why did it soar to 300 today?
  • I have been using intent word targeting for half a month, but today there is suddenly no volume. What should I do?
  • The cost is fluctuating. How can I live like this? I feel like I have less hair every day when I wake up...

As mentioned above, unstable costs and the dilemma of being unable to increase consumption are all pain points that plague optimizers.

So how can we solve it effectively? Now, I will tell you how to effectively improve our conversion effect through several stages of using OCPC!

Generally speaking, OCPC usage can be divided into four stages:

▲ The preparation stage before use

▲ The first stage of accumulating conversion data

▲ OCPC smart bidding delivery second stage

▲ Volume expansion stage

Preparatory stage before use

OCPC is an intelligent price management tool . Advertisers can set conversion goals (activation) as the optimization goals of their ads and provide the expected average conversion cost. The system will use an algorithm model to estimate the conversion value of each display based on the conversion data provided by advertisers, automatically calculate the bid, and deduct fees based on clicks.

So in the early preparation stage, we need to:

01. Clarify conversion goals

Each conversion target is the basis for the system to establish a model, which will affect the effectiveness of the model. It can be set as a button click within LP, successful form submission, APP activation download, etc.

02. Connect data

For example, if APP customers conduct API joint debugging and JS monitoring code distribution, customers need to complete the distribution and verification. Mobile marketing page customers need to make the page and conversion settings. API docking and JS distribution require customers to have certain technical capabilities. Customers who have difficulties with JS distribution can ask a third party to help install the code.

03. Select targeting and traffic estimation

The establishment of the OCPC model relies on 20 conversion data. The first choice for OCPC testing is to be able to quickly accumulate 20 conversion data within 1-3 days and have room for subsequent expansion.

Phase 1: Data accumulation phase

After choosing to start targeted delivery, it does not mean that our optimizers can sit back and wait for the second stage. In the first stage, we need to pay attention to several factors such as traffic data, conversion cost, and creative effect .

During the first-stage delivery period, you can adjust the CPC bid, targeting, creative and landing page , and set the second-stage conversion bid reasonably based on the delivery effect and actual cost of the 20 conversions in the first stage. In other words, the first stage is to test the reasonable scope, creativity and landing page effect of the targeting within the expected cost.

In order to quickly enter the second stage, some customers relax their bids in the first stage, thinking that they are willing to bear 20 high-cost conversions and then meet the target cost after the second stage.

For example, a customer sets 100 yuan as the conversion price, and the actual conversion cost after the first-order delivery is 300 yuan. In this way, after directly entering the second order, it is found that the volume cannot be released because the model created by sacrificing the first-order cost is not accurate.

We recommend that you change the conversion bid to 240-270 yuan before entering the second stage, and then gradually lower the conversion bid after the second stage achieves the goal.

At the same time, the first stage is the time for this type of directional testing of LP and creativity, selecting the optimal LP through data, and understanding the traffic, CTR and C VR data of each type of creativity to assist in second-order optimization.

Second-order intelligent delivery stage

The system starts intelligent delivery based on the model. The two-stage ranking formula is:

ECPM = CVRBid eCVR eCTR*1000

Once our conversion bid is set, the main factor affecting ECPM is CVR*CTR. The cumulative cycle of the model can be verified through the display data of 3 different creatives under the same targeting conditions.

As shown in the test data in the figure below, the data will generally stabilize after entering the second stage for 7 days.

Similarly, we observe the data of the second-order layout after entering the preferred traffic delivery. During the gradual accumulation of delivery, the model will autonomously screen high-quality traffic to help improve conversion efficiency.

Therefore, OCPC should not be deployed too hastily, as sufficient data accumulation is needed to create a high-quality model.

Remember, after entering the second stage, control traffic changes and avoid frequent adjustments to bids, which will interfere with and mislead the model. Do you remember that in the first stage, we asked everyone to accumulate and observe the creative data? After entering the second stage, try to choose creative materials with high exposure and high CTR to continuously optimize the creativity.

Large-volume stage

The second phase of the campaign has achieved stable results. After confirming the value of the OCPC product, how to increase the volume is another difficulty that bothers advertisers. If you want to increase the volume, you can expand the targeting on the existing model, increase the conversion target bid as much as possible, and increase high CTR and CVR creatives.

At the same time, we can create new units and new directions to create new OCPC models.

Each orientation is like choosing a location in the sea and casting a net, and the OCPC model is to find fish that are easy to transform within the range of this net. Even the biggest net has boundaries, and the new orientation is to open up new areas in the sea and cast another net to find more fish that meet the transformation model.

Baidu information flow can customize audience packages according to the different demands of advertisers. In the initial stage of delivery, it is recommended to use intent word targeting and intent tag targeting superimposed on OCPC. In the mass stage, interest targeting and customized audience packages can be used in conjunction with OCPC delivery . Diversified targeting is also more conducive to resisting the impact of node traffic changes such as 618 and Double 11.

After reading the above, do you have a certain understanding of the use of OCPC? Then hurry up and use this method with your own account!

OCPC delivery FAQ
1. What should I do if the traffic is greatly reduced after entering OCPC Level 2? Based on experience, the reason for the significant reduction in traffic may be the following three reasons:

  • Insufficient targeted population
  • Target cost setting drops too fast
  • Competitive ECPM is insufficient

It is recommended that in the second stage, you should avoid drastically reducing the conversion bid, and gradually reduce the conversion bid after achieving cost stability; second, you can increase the bid or create new high- click-rate creatives to improve ECPM and increase competitiveness; third, gradually relax the targeting to circle more conversion groups.

2. What should I do if costs are not effectively controlled after entering the second stage of OCPC?

Based on experience, the reasons why costs are not controlled in the second stage may be that there are deviations in the establishment of the first-order model, the value of the model is not maximized, or the competitive ECPM is too sufficient.

At this time, it is recommended to verify whether the conversion goal setting is reasonable, optimize the targeting to improve efficiency, and verify the click quality of the creative, whether the creative copy is too inducement to click, and the relevance between the creative and the landing page.

Author: Little Bunny , authorized to be published by Qinggua Media .

Source: Houchang College

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