⛔️Why bidding isn't everything -> the (simple) math behind winning ad auctions🏆
Jan 28, 2020
04:58
forum Ask episode
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
One element of Facebook ads that can come across as monolithic or opaque is bidding - at the outset, it can appear simplistic - you either increase bids or drop them, and that is what it is. However the way Facebook’s(and any other ad tech platform’s) algorithm works is that the bid isn't the only thing that matters - relevance does just as much. In this episode, I’ll walk you through some of the math behind bidding for ad auctions - and how to impact its different components.