Hi folks,
I've a youtube campaign running @ 200€ spend / day. It worked well, until I tried to get more traffic and increase my spend.
The targetting is very broad, just country, gender, age group. I use instream / pre roll ads.
My max bid @ 200€ spend was 0.02€ per view. This resulted in an average cost per view of 0.0167€
I tried to just increase my budget to 400€/day without changing the bid, but didn't get more traffic.
I then increased my max bid to 0.03€ and the average cost per view increased to 0.0251€! In other words, an increase of 50% which directly increased the cost per conversion by 50% as well. That's too much to run the campaign profitable.
Does anybody have ideas how to keep the lower bid and still get a lot of traffic?
Like cloning the campaign and running simultanously, using a second account etc. I aim for 1000€+ spend / day.
Any advice is appreciated! If somebody wants to talk youtube ads, my skype is: stefan.spirkl
It would be a good idea to have a separate STM channel on video advertising.
I know that @caurmen in particular has been very interested in video as a marketing channel, and there is no question that this a channel that is is growing rapidly.
I'll look into setting it up!
Currently I don't think there are a lot of us testing video, but I sense that's going to change soon...
Video ads will definitely come to play soon. I think the biggest barrier to entry is creating an actual compelling video ad that sells. I know some affiliates have been dabbling with them on Mobile!
@Steve
Are you running video ads directly to affiliate products? If so kudos!
Hey Stefan,
How much does it cost you to actually produce the video ad itself?
I presume it is a fairly large upfront investment. Do you find that can get this to back out on a relatively expensive channel like Youtube (where you compete with a lot of clueless brand advertisers who overpay)?
Video ads don't have to be expensive.
They can be godawful expensive, of course - the single most expensive form of media even compared to feature films - but they can also be comparatively affordable, maybe 2-3 times the time investment of a conventional HTML lander.
It all depends what you're doing!
YouTube content creators have done some great work testing inexpensive forms of video content- I'm continually amazed at how much some of them can push out in a week.
*Bump on the original post*
Cool stuff. Wondering if it's possible to target specific youtube channels with youtube ads?
Yes it is, and yes it's described in every damn youtube ads tutorial
Any more ideas for scaling?
Hmm - think I mentioned this in the other topic, but my first thought would be "other video traffic sources". YT's expensive anyway, and I suspect that right now Q4 price increases aren't helping you either.
Any luck with those?