Here’s a creative use case for custom columns in your Google Ads UI: the Increased Competition Detector.
This custom column looks at decreases in click-through rate (>10%) and increases in CPC (>10%) to gauge potential market competition and activity.
It is extremely helpful for monitoring activity on brand keywords (e.g., competitor poaching), but it’s valuable information for key non-brand terms as well.
Here’s what it looks like:
Here’s how to create it:
And here’s the formula for easy copy-pasting:
if(and((Avg_CPC.between_dates(report_range_end, report_range_end) / Avg_CPC.between_dates(report_range_start, report_range_start)- 1 ) > 0.1, (CTR.between_dates(report_range_end, report_range_end)/CTR.between_dates(report_range_start, report_range_start)-1 ) < -0.1 ), "incr comp", "-")
Go ahead, add it to your custom column set, it only takes 3 mintues!
Hat tip to Laura Schiele for sharing this on SEL earlier this year.
– Nils