Maximize Conversions / Conversion Value Strategy Goals

How to set up Strategies to maximize return on marketing investment

Marin gives you the tools to take control of your performance marketing budgets to maximize impact and return on investment by dynamically allocating budget to the most productive campaigns.

Maximize Conversions and Maximize Conversion Value Strategy Goals

Maximize Conversion and Maximize Conversion Value are the strategy goals for marketing looking to get the best performance from their campaigns subject to a spend and/or efficiency constraint. Advanced machine learning understands campaign performance and adjusts your spending according to your business goals and any rules you specify. Our advanced machine learning dynamically adjusts spending to hit your business targets, blending seamlessly with publisher bidding for peak performance.

These strategies will maximize conversions to a CPA target or conversion value to a ROAS target. You can optionally add a spend constraint and Marin will ensure the the strategy meets both the the efficiency and spend target (whichever it hits first).

Marin adjusts campaign budgets and bid targets to meet your objectives. For campaigns using publisher bidding, the bid targets are sent to the publisher. For manual CPC campaigns, Marin will calculate the keyword-level bids and send those to the publisher.

Set up

  1. If required, create a new Strategy, or edit a pre-existing one, with the following Goals:
    • Maximize Conversions with a target CPA  and/or target Monthly Spend set
    • Maximize Conversion Value with a target ROAS and/or target Monthly Spend set
  2.  Map the relevant campaigns to strategy
  3. Identify any campaigns to override, if you wish to prevent Dynamic Allocation from updating campaign daily budgets and targets
    • If you wish to account for the spend of such campaigns within the wider goal but do NOT want to update budgets or targets for whatever reason, apply a campaign override
    • If you do not wish to account for the spend of such campaigns within the wider goal and wish to exclude the campaign altogether, just map it to a different strategy, or keep it in the Unassigned strategy.
  4. Set an initial target.  If you don’t know what to enter, just set trailing 28-day performance as a starting point
  5.  The allocation job will run nightly and populate the columns on the Campaigns grid. If the Strategy is set to traffic, these settings will be sent to the publisher.

 

Columns

The campaigns grid has new columns showing Marin's recommendations:

Column Description
Unconstrained Recommended Daily Budget The ideal recommended budget for the specified target.
Recommended Daily Budget The recommended budget given settings such as Max. Budget Change, Budget Cap, etc.
Daily Budget Recommendation Date The most recent date a budget recommendation was calculated
Unconstrained Recommended CPA/ROAS Target The ideal recommended target
Recommended CPA/ROAS Target The recommended target given settings such as Max. Bid Change, etc.
CPA/ROAS Target Recommendation Date The most recent date a target recommendation was calculated
Recommendation Constraints The settings (Max. Bid Chage, Budget Cap, etc.) limiting the recommendations

Recommendation Constraints

Value Description
CAMPAIGN_DELETED Campaign is deleted and cannot be edited
CAMPAIGN_PAUSED Campaign is paused and cannot be re-allocated to
CAMPAIGN_ENDED Campaign has ended and cannot be re-allocated to
CAMPAIGN_OVERRIDE Campaign is on override and cannot be re-allocated to
NO_FORECAST_AVAILABLE There is no forecast available, recommendations not available
LOW_DATA Rules set mean we cannot recommend budgets/targets
UNSUPPORTED_PUB_BIDDING Unsupported Publisher Bid Strategy such as Target Impression Share. No Recommended CPA/ROAS Targets
SPLIT_PORTFOLIO A publisher Portfolio is split across multiple Marin Strategies, no target recommendation
SPLIT_SHARED_BUDGET A publisher Shared Budget is split across multiple Marin Strategies, no budget recommendation
NON_DAILY_BUDGET Campaign is using a non-daily budget, no budget recommendation
NO_CURRENT_TARGET There is no current target to apply dampening against, no target recommendation
FOLDER_MAX_BID_CHANGE The recommendations are limited by the Maximum Bid Change
FOLDER_MAX_BUDGET_CHANGE The recommendations are limited by the Maximum Budget Change
FOLDER_MAX_BUDGET_CAP The recommendations are limited by the Budget Cap
MIN_BUDGET The minimum budget that can be pushed to the publisher
FOLDER_MIN_BUDGET_FLOOR The recommendations are limited by the Budget Floor

 

 

Additional Details

To see additional details on about the allocation recommendations and campaign opportunity curves, use the Allocation Dashboard.

To see the performance of completed Episodes, use the Completed Episode Summary.

 

 

 

Written by Joe Southin

Last published at: January 7th, 2025