We analyzed 50K+ data points to find the most important Google Analytics metrics. Here are the top 10, plus definitions for each metric and how to find them.
Databox Reports | Sep 23 2020
John Bonini on April 9, 2018 (last modified on May 4, 2020) • 8 minute read
While intent itself is hard to measure, the digital ad landscape has given marketers and advertisers the ability to leverage user data to get closer than ever to matching their promotion with the people who need and/or want it most.
Perhaps no platform does this better than Google Ads.
While other platforms, most notably Facebook Ads, can match Google when it comes to the amount of user data they have to monetize, Google still holds the holy grail—the search query.
As you can see below in the latest sampling compiled by Rand Fishkin of SparkToro, the share of searches across the web is not even close.
And nothing is a more powerful indicator of intent than what a user is searching for right now.
The moral of the story? Google Ads is arguably the most powerful ad platform when it comes to matching your promotion with user intent.
Databox users agree. According to our data, Google Ads is the most-used advertising platform of any of the platforms—Google Ads, Facebook Ads, Bing Ads, LinkedIn Ads, and Twitter Ads— that we currently integrate with.
To better understand which paid search metrics are the most important to track, we dug into our user data to identify the 10 most-tracked Google Ads metrics by measuring the number of Datablocks used.
We also asked Jake Havenridge of Smartbug Media, a Databox Premier Agency, to lend some insights from a qualitative standpoint.
Based on the paid search metrics our customers are tracking most often in Databox, here are the 10 most important Google Ads metrics.
Editor’s note: If you’d like to track the following Google Ads metrics (as well as any others that are important to you) in a similar fashion as what’s shown below, you can download this free Google Ads dashboard to visualize your data in minutes.
Any time your ad is shown on a search result page via Google or the Google Network, this counts as one “impression” in Google Ads.
Essentially, it’s the number of times your ad is “seen,” although this is a term that should be used loosely—just because your ad is shown on a search result page, it doesn’t mean that the user actually saw it.
To track impressions in Databox, Havenridge recommends the Account Overview Datablock with comparisons on:
“We like to show the impressions on a high level using the Account Overview Datablock. We set the time frame for last month and—thanks to the color-coded percentages of increases or decreases to the right—are easily able to see our overall Google Ads health.”
“Cost” in Google Ads is an overall metric tells you how much money you’ve spent on your ad campaign so far.
To track cost in Databox, Havenridge recommends the Daily Line Graph Datablock:
“Cost is something that is nice to have in a graphical interface, so we use the Daily Line Graph Datablock. We also track and view cost data in the account, campaign, ad group, and keyword blocks, as well as to calculate cost-per-acquisition (CPA).”
“Clicks” in Google Ads are recorded any time someone clicks on any blue, linked text in your ad.
It’s important to note that if someone clicks your ad and is unable to reach your website (404 error, wifi issues, etc.) their engagement will still be logged as a click.
To track clicks in Databox, Havenridge recommends the Daily Line Graph Datablock with comparisons turned on:
“Similar to cost, we track clicks with a Daily Line Graph block. This allows us to easily see peak performance and dips in volume, this month versus the previous month. We use clicks across account, campaign, ad group, and keyword blocks—and to calculate conversion rate.”
“Average CPC” in Google Ads is the average that you’ve been charged for clicks on your ad campaign.
Your average CPC is calculated by dividing the cost of your clicks (or the amount you’ve spent on the campaign thus far) by the total number of clicks.
To track average CPC in Databox, Havenridge recommends the Account Overview Datablock with comparisons turned on:
“We like to track average CPC in the Account Overview block. We set up a Google Ads metrics table block with the time frame ‘month to date’—which includes average CPC—that gives an overview in a clean, effective display.”
“Conversions” in Google Ads are counted whenever a user clicks your ad and then takes an action that you’ve defined as important (i.e. a visit to a specific web page, a signup, etc.).
To track conversions in Databox, Havenridge recommends the Number Datablock with comparisons turned on:
“Conversions are tracked graphically, as well as by campaign and to determine cost-per-acquisition (CPA) and conversion rate. We use the Number Datablock to track contact conversion rate month-over-month, alongside four other Number Datablocks containing HubSpot contacts, HubSpot MQLs, HubSpot SQLs and contact CPA.”
“This gives us a better picture of where leads drop out of the funnel.”
“Impressions by campaign” in Google Ads is the total number of impressions segmented by each campaign you have running.
This might be helpful to look at in order to determine which subjects and keywords have the volume and ad inventory necessary for you to generate results.
To track impressions by campaign in Databox, Havenridge recommends the Account Overview Datablock with comparisons turned on:
“In order to understand which campaigns are being seen the most, we use the information from this Table Datablock alongside the total impressions data (with the same time frame) in the Account Overview block. We set our blocks to ‘last month’ for EOM reviews, and ‘month to date’ throughout the month to track live data.”
An ad group in Google Ads is a group of ads that are targeting a shared set of keywords. “CTR by ad group” is simply the click-through-rate of each of your ad groups.
To track CTR by ad groups in Databox, Havenridge recommends the Table Datablock:
“To really drill down into the data from our CTR by campaign, we look at our CTR by ad groups. While a campaign might be performing higher than any other campaign, you could still be pouring money into an ad group that is low-performing within that campaign.”
“The Table Datablock we use to look at CTR by ad groups helps us identify which ads our viewers are clicking.”
“CTR by campaigns” in Google Ads is the click-through rate, segmented by campaign, of any/all of your campaigns.
Monitoring CTR by campaigns will help you to see which campaigns, keywords, and/or ad groups are generating higher engagement.
To track CTR by campaigns in Databox, Havenridge recommends the Table Datablock:
“We track CTR by campaign in a Table Datablock using a month-to-date timeframe so we can see live data on which campaigns are performing the best and actively move funds to support those campaigns. Another way we track CTR by campaign is in the Account Overview Table block.”
“Cost per conversion” in Google Ads is the average you’ve been charged for a conversion from your ad campaign. It’s calculated by dividing the total cost of conversions by the total number of conversions.
Remember, conversions are activities that you set in your Google Ads campaign that note important business activities, such as purchases, signups, etc.
To track cost per conversion in Databox, Havenridge recommends the Number Datablock:
“Cost-per-conversion is critical data for us to see because it helps us project our future spending based on a goal number of conversions. It is so important that it gets its own dedicated number block with month-over-month data. We also feature cost per conversion in the Account Overview Datablock.”
“CTR” in Google Ads is the overall ratio of how often people who see your ad actually click your ad. It’s calculated by dividing the total number of clicks your ad receives by the total number of impressions.
To track CTR in Databox, Havenridge recommends the Account Overview Datablock:
“Our first look at CTR is always in the Account Overview Datablock. Again, having a clean and easy-to-read overview of all important metrics gives us a quick glance into our campaign performance. We also like to view CTR data in a simple Number Datablock.”
Need an easier way to track the performance of your Google Ads? You can grab this free Google Ads dashboard to start visualizing your performance in minutes, building Google Ads reports for your own use or to share with your clients.
You can even pull paid search metrics from Bing Ads if you also run campaigns there—as well as KPIs from Facebook Ads, Twitter Ads, and LinkedIn Ads—to easily track all of your paid acquisition in one place.
Databox Reports | Sep 23 2020
Databox Reports | Feb 26 2018