Below is the answer and explanation for what information does a target cost-per-acquisition (CPA) bid strategy need in order to find the optimal cost-per-click (CPC) bid for an ad each time it’s eligible to appear?

What information does a target cost-per-acquisition (CPA) bid strategy need in order to find the optimal cost-per-click (CPC) bid for an ad each time it’s eligible to appear?

• A) Manual bid changes.
• B) Forecast data.
• C) Historical conversion data. ✅
• D) Test conversions.

Correct answer

C) Historical conversion data. ✅

Explanation

A target cost-per-acquisition (CPA) bid strategy need an information about historical conversion datain order to find the optimal cost-per-click (CPC) bid for an ad each time it’s eligible to appear. Using historical information about your campaign, conversion optimizer automatically finds the optimal equivalent CPC bid for your ad each time it’s eligible to appear. You still pay per click, but you no longer need to adjust your bids manually to reach your conversion goals.

Given above is the answer and explanation for the question what information does a target cost-per-acquisition (CPA) bid strategy need in order to find the optimal cost-per-click (CPC) bid for an ad each time it’s eligible to appear?

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