Good morning search marketers, are you running RSAs?
More than half of advertisers' search spend is now optimized with smart bidding, Google CEO Sundar Pichai said during parent company Alphabet's third-quarter earnings call this week. The previous stat on this was that 70% of advertisers are using smart bidding. We also learned that more than one million advertisers are using RSAs. Google hasn't reported how many advertisers are on the platform but based on other stats — a 2015 report pegged it at 4 million, while Facebook claimed it had 7 million advertisers at the start of this year — it would seem well under 25% of Google advertisers have adopted RSAs.
Google reported ad revenues of $33.9 billion in the third quarter, an increase of 17% from $29 billion a year ago. Executives said ad growth was driven by mobile search and YouTube. Google doesn't break out those segments, so we have to take the company's word for it.
Speaking of YouTube, contributor Joe Martinez from Clix Marketing says you might want to give TrueView video discovery ads another look if you're running video campaigns — and are ready to adjust your expectations from what you're seeing from TrueView in-stream ads. "They are meant to be a worthy complement to capitalize on a different viewer with a different intent when consuming video content on YouTube," says Joe.
Read on for a Soapbox from Moz CEO Sarah Bird on local SEO and more.
Ginny Marvin
Editor-In-Chief