A CEO tells the marketing team that the company’s priority is to grow the amount of money the business has after subtracting all costs. Which bidding instruction should the marketer set?
Choose an answer
Tap an option to check your answer.
Correct answer: Profit – Bidding to profit values with maximize conversion value/ROAS..
Why this is the answer
The CEO's priority is to grow the amount of money the business has after subtracting all costs, which directly translates to profit. Therefore, the marketer should set bidding instructions focused on maximizing profit. Bidding to profit values with Maximize Conversion Value or Target ROAS (Return on Ad Spend) strategies aligns with this goal. These strategies allow advertisers to assign values to conversions and optimize bids to achieve the highest possible return, which directly contributes to profit. Volume (Max Conversions) focuses on the number of conversions, not their profitability. Revenue (Maximize Conversion Value/ROAS) is a step closer but doesn't explicitly account for the cost of goods sold or other business expenses, which are crucial for calculating profit. Market share focuses on competitive positioning rather than direct financial returns.
Pass your exam — without the endless answer hunt
Get every verified question and explanation for this exam in one place, and save hours of prep. 1,000+ certifications · 20+ languages · free to start.
Pass your exam faster → No card needed