Remarketing Stories
Once, while I was on vacation in Alaska, I had a dream that one of my accounts was overspending. I wrote to the team to check on our babies, and yes, one account had spent far over our budget in just a few days. The culprit was the in-app mobile campaign. I immediately paused everything. I contacted Criteo and once again had to prove that I had not turned on full targeting—why would I? Out of my 20+ accounts, none had that setting on, and it had been almost a full year of running ads with the same budget spent month over month. Why would I suddenly break out and decide to triple my spend on a network that I knew didn’t work? I first made that mistake a few years prior, and lessons were learned. Criteo and I went back and forth, sending analytics reports showing that the traffic didn’t match, then saying that they would investigate it. Finally, after 6 weeks, they agreed to give me partial credit, but the experience was disappointing. What a gigantic waste of time and money for everyone. Meanwhile, I switched back to AdRoll, which, don’t get me wrong, is a great service, but unlike Criteo, you can’t bid by CPC but rather set a target spend for how much you are willing to pay for a CPC or eCPM. The results? A campaign typically costs three times more with poorer results.
All things considered, I have nothing but respect for AdRoll. It was June of 2019, and a few months before I found Criteo, I launched a fundraising campaign for my local pro-bono Boys & Girls Club of Hawaii. I logged in and almost fainted. The campaign cost was $9,000, which was $7,750 more than was approved. How could this have happened? I reviewed the account and noticed they charged us $163 per CMP, but my max range was $15 (and even that was considered aggressive). My heart was pounding when I jumped on chat. The result was 100% full credit back to my account. That’s support you can count on. That being said, flash forward to today: AdRoll will not promise or deliver credits and will only promise to stay within your daily budget, and the costs have skyrocketed with diminishing returns.
Bottomline: media partners need to take ownership of their roles. Glitches happen, and people also make mistakes, but we’re in it together and must be able to trust each other. Moreover, I mentioned the dangers of setting up and forgetting your accounts. Optimization must be a daily practice in digital advertising. Proof that impressions ran and invalid click reports are a must as well, but it goes beyond that. If we’re so smart, then when spending trends break radically, wouldn’t it make sense to hit the pause button and make sure it was intentional? And when an error does occur, let’s not be afraid to fix it. Call it a media mulligan, and then let’s make sure that it doesn’t happen again. That’s when everyone benefits. I frequently consider how many businesses are suffering from poor account management, either internally or by media partners and agencies who rely solely on the system to make automatic bids for them. Believe me, there is nothing Smart about that! Agency best practices demand manual bidding and full control of the spend on the account.