Ad Rank
Google's measure of whether your ad can show at all and, if it can, where on the page. Google names six inputs: your bid, the quality of your ads and landing page, the Ad Rank thresholds, how competitive the auction is, the context of the search, and the expected impact of your assets.
Auto-applied recommendations let a platform change your ad account on a schedule once you turn the setting on. Google says the recommendations available are subject to change over time, so you are consenting to a category rather than a fixed list. Both platforms keep a history of what was applied.
Read the full entry→Broad match is the widest keyword setting, and Google's default. Google says ads may show on searches related to your keyword, including ones that do not contain its direct meaning. Both platforms say it should be paired with automated bidding, because every query it matches is different.
Read the full entry→Click-through rate is the share of people who saw your ad and clicked it, worked out as clicks divided by impressions. Google gives the example of 5 clicks from 100 impressions being a 5 percent rate. It measures interest in the ad, not whether the click was worth anything.
Read the full entry→Conversion rate is the share of ad clicks that turned into something you count as a result, like a phone call or a filled in form. Google works it out as conversions divided by ad interactions. Microsoft divides by clicks. The two are not the same number, so compare platforms carefully.
Read the full entry→Cost per click is what you pay each time someone clicks your ad. You set a maximum you are willing to pay, and the auction usually charges less: Google says advertisers are often charged less, sometimes much less, than that maximum. It is the unit your ad invoice is built from.
Read the full entry→Cost per lead
What you paid to get one person to actually get in touch, worked out as spend divided by inquiries. Cost per click counts everybody who clicked. Cost per lead counts only the ones who called, filled in a form or booked. The gap between the two is where the money leaks.
A daily budget is an average, not a cap. Google says your daily spending limit is two times your average daily budget on any given day, and your monthly limit is 30.4 times it. So 10 dollars a day is about 304 a month, and a single day could reach 20.
Read the full entry→Impression share is how often your ads appeared as a share of the times Google estimates they could have. The denominator is an estimate, not the whole market: Google excludes auctions where you would need a huge bid increase to appear. Microsoft measures against the market it targeted, so the two are not comparable.
Read the full entry→The learning phase is the stretch after a change when an ad platform is still working out who to show your ads to, so results swing around. Meta reports it as learning, success or fail. Meta publishes no number of conversions needed to leave it. Google does state a figure for its own bid strategies.
Read the full entry→Maximum CPC bid
The most you are willing to pay for one click, set by you on a keyword, an ad group or a campaign. It is a ceiling, not a price. What the auction actually charges is usually lower, though Enhanced CPC and bid adjustments can push a single click above it.
A negative keyword stops your ad from showing on searches that contain it. It is the main tool for cutting wasted spend. The catch is that negatives do not expand the way normal keywords do: Google says they will not match close variants, so plurals and misspellings need adding by hand.
Read the full entry→Optimization score is a platform's estimate of how fully your account is set up, shown as 0 to 100 percent. Both Google and Microsoft say it rises when you apply a recommendation or dismiss one. So it measures how few recommendations are outstanding, not how the account performs.
Read the full entry→Performance Max is a single campaign that buys across all of a platform's inventory. Google lists YouTube, Display, Search, Discover, Gmail and Maps from one campaign. Microsoft advises giving it two to three times the budget of a standalone campaign, because it serves across multiple formats and inventory.
Read the full entry→Placement means where your ad appears, but the two big platforms mean different things by it. On Google a placement is somebody else's website, app or video. On Meta it is a surface inside Meta, like the Facebook feed or an Instagram story, plus its Audience Network of third party apps.
Read the full entry→Quality Score is a 1 to 10 diagnostic number reported against each keyword, estimating how relevant your ad, keyword and landing page are. Both Google and Microsoft state plainly that the score itself is not used in the auction. Ad quality does affect what you pay. The number in your account does not.
Read the full entry→The search terms report lists the actual things people typed before your ad appeared, next to what each one cost. It is where you find out whether you are paying for searches you would never want. Google omits low volume terms from it for privacy, so it is not a complete list.
Read the full entry→Smart Bidding sets a bid for every individual auction rather than per keyword. Google calls this auction-time bidding and says some of its signals are exclusive to it. Microsoft is blunt about the trade: with auto-bidding you can only set a bid at campaign level, and the model computes the rest.
Read the full entry→A special ad category is a label Meta makes you declare when your ad is about housing, employment, credit or politics. Declaring it removes most targeting: no lookalike audiences, a fixed 18 to 65 plus age range, no gender choice, and a radius of at least 15 miles. Google restricts the same areas by different rules.
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