Overview
The Conversion History Graph allows you to see how conversion rate (among other data)
fluctuates over time. It also allow you to select a date
range with which to calibrate the Bid Optimizer. BidForce
measures the average conversion rate over the period selected in
the graph and uses that average as a benchmark for setting bids.

The red line in the graph shows average clicks per conversion
for all keywords. This is how many clicks were received per
conversion. Each point represents a day going from left (old) to
right (recent). To change the conversion
rate to percent, just divide 1 by this number. i.e. 20 clicks per
conversion means it took, on average, 20 clicks to get one
conversion and the conversion rate was 1/20 = 5%. A lower number
of clicks per conversion gives a higher conversion rate, this is
of course more desirable. As to be expected, as position
improves (yellow line goes down), conversion volume goes up
(blue line).
Viewing data points
Hovering the mouse over a data point will show the date
and how many clicks per conversion occurred on that day.
Selecting a date range to calibrate bid
optimizer

Conversion rate (i.e. clicks per conversion) might change
drastically over time, not only day to day, but from month to
month or year to year. The bid optimizer will perform best if it
knows what part of the conversion history represents a current
typical trend. It will measure both fluctuations and the
average, using this data to decide how much to bid for each
individual keyword. The results from the bid optimizer will
change slightly depending on the range selected. The same start
date should be used to minimize variations between each
optimizer run, see selecting a previous date range below.
To select a desired range, zoom in to the graph by dragging the mouse
from top left to bottom right corner of the desired range (see common graph actions for detail).
The bid optimizer will use the visible range of data to
set the average conversion rate. You can try running the
bid optimizer with different ranges selected to compare the
differences. A minimum range of three days (hence points) are
required to run the optimizer, however, somewhere between 30-150
days should be optimal. BidForce was designed to make it easy to
experiment with different date ranges until you are satisfied with
the results.
Running the Bid Optimizer
With the desired date range is visible, choose from the menu
Graph -> Bid Optimize Date Range. Once a date range is
selected, the Tools menu on the AdWords Explorer can also be
used to run the Bid Optimizer over the selected date range. Before the bid optimizer is run,
the Bid Settings Window
will appear, allowing review and change of bid settings used by the
optimizer. Note, the Bid Optimizer will only optimize
keywords in the item (and children) selected in the AdWords Explorer.
Selecting a previous date range
If you have already calibrated the optimizer and updated your
bids using a specific date range at least once before, you may
find it useful to run the optimizer starting from the same
date (but including any new data) again. This helps maintain
consistency between runs so that only new data influences the
bid optimizer results. To auto-zoom in to the date of a previous run,
select from the menu Graph->Select Previous Date Range, the
following windows is shown:

The first date is the run date, next is whether bids were updated
live or just simulated along with the number of keywords changed. The
history start date of the previous run is given in the last date in
brackets. Select the desired previous run and click ok. The
Conversion History Graph will automatically zoom in to the
previous time period and you
are ready to run the Bid Optimizer from the menu Graph -> Bid
Optimize Date Range.
Viewing Different Datasets

Four different datasets are available, each with a seven day
moving average line. The datasets displayed are selected from
the View menu. The datasets available, each with its
corresponding moving average, are:
| Avg. Clicks Per Conversion |
Average number of clicks per conversion. i.e.
conversion rate. |
| Total Conversion |
Total number of conversions for that day. |
| Avg. Position x 10 |
Average position of ads multiplied by 10. i.e. 60 is
6th position. |
| Avg. Impressions per click |
Average of how many times ads were show to get one
click. |
Refreshing the Graph
You can check if the graph is up to date by holding the mouse
over the right most data point. It should give yesterdays date. If it
is older, you can manually refresh the graph by selecting from
the menu Graph->Refresh.
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