There is no shortage of metrics to get Google Ads insights from. Despite the sometimes-overwhelming array already available, Google is set to roll out the Click Share metric to Search campaigns in the coming weeks.
Users of Shopping campaigns may already be familiar with the Click Share metric benefits, particularly when it comes to competitive analysis in Ads. However, for many marketers, this is yet another aspect of Google Ads to learn about.
So, just what can the Click Share metric do for you?
First and foremost, let’s answer the most obvious question:
What is the Click Share metric?
In simple terms, when you consider all the clicks your ad was eligible to receive, the Click Share is the percentage your ad actually got. The maximum number of achievable clicks depends on two factors:
The Click Share metric is calculated with the following formula:
Click Share = Clicks Received / Total Achievable Clicks
Sometimes you may see a minus sign ( – ) in the Click Share column. This indicates that the campaign doesn’t have a sufficient number of clicks to provide an estimate of your current Click Share.
In a similar way to Search Impression Share, Google Ads considers the ad auctions throughout the day and analyzes every auction that your ad was in. You can view this metric in Search campaigns and Shopping campaigns, at the following levels:
This metric is useful because it helps us to determine key areas in our campaigns that can be improved for better lead generation.
Let’s say your ad copy has a Click Share of 30% out of 100 possible clicks. That leaves another 70 clicks on the table, which you could have received by tweaking the following factors:
The benefits of using the Click Metric as a guiding principle revolve around gauging performance and improving traffic for your pay-per-click (PPC) campaigns. Here are some ways to use Click Share to enhance your campaign:
Identify channels and product groups that could potentially generate more traffic. Once you find these opportunities, you can increase bids and improve the quality of your ad feed.
Develop a better understanding of traffic patterns. When you get a big picture view of the traffic arriving on your site, you will be able to make more accurate projections and smarter marketing decisions.
Gauge performance relative to your competitors. More clicks in search queries indicate a growing interest in what you have to offer. This provides you with a competitive advantage as you can actually increase clicks by optimizing your campaigns according to the Click Share metric.
Determine the efficacy of your ads with a glance at the percentage value. This allows for quick insights into audience engagement and ad relevance.
Get an estimated clickthrough rate (CTR) as the Click Share metric is based on your auction performance. You can project your expected CTR in line with your efforts to improve the current Click Share.
So, what happens if your campaign has a low Click Share value? It’s a common problem, but you’ll be glad to hear that is not impossible to fix. In fact, you can do quite a lot of things to remedy this situation, such as:
With Google Ads, insights are everything. The Click Share metric is exceptionally useful in that regard, as it helps you understand your ad performance and traffic flow at a glance. When you consider this metric alongside Impression Share, you will be able to identify lots of high-value opportunities to get a better ROAS.
Impression Share lets you know how often your ad is getting in front of shoppers, while Click Share shows you how effective your ad is in actually winning those potential customers.
When it comes to competitive analysis in Ads, every little edge counts. The Click Share metric may well be your best friend when it comes to boosting Search campaign performance this year.
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