Google AdWords has a new tab called ‘Opportunities’. I just read up on it a bit more and was actually surprised that Google doesn’t use a more “use this tool now or your account will fail” tone in their explanation of the tool.
Essentially, if you are looking to make changes to your account, you can click on this tab and it will give you suggestions on how you could improve the account. The tool is new so right now there are only Budget and Keyword changes ideas but there is a promise that there is more to come.
I tried this tool out on a client of ours and found that, of course, Google wants me to increase the budget and add keywords. What was surprising though, is that the increase was only $0.60/day! This really won’t make them a ton of extra money but according to the tool, will increase the traffic by an estimated 121 clicks/month.
I am always a bit skeptical of new Google tools because I am never sure if the tools are meant to help the advertiser or Google but this one seems to be not so terrible – if you always keep in mind that Google is a business and they need to make money!
Here is a link to some more information about the Opportunities tab which I have actually used a few times. There are good keyword suggestions which you may have missed. For the most part though, it is just a way to check you are on the right track.
There is also another blog post about this that I received a while ago and would like to share.