What is profit bidding | Profit Bidding Guide | GROW
Profit Bidding – The Complete Guide

Section 1 · Introduction

What is profit bidding

Lesson 2 of 26 · 1 min read

Profit bidding is running your advertising to optimise to actual profit, not revenue.

Revenue does not help you scale. Your goal is to get control of one of your biggest cost pressures as an e-commerce business advertising online.

Stronger returns from your ad spend matter. They help you overcome stalled sales growth. They help you take that extra margin and invest it back into ads to compound growth, to grow teams, to buy more stock and to achieve economies of scale. Profit is the bedrock of any business, and we help you achieve that.

Revenue bidding vs profit bidding

Revenue biddingProfit bidding
What the bid is based onRevenueThe true margin on each product
How targets are setOne average ROAS across a group of productsA precise ROAS for every product
A 15% margin product and a 60% margin productGet the same targetEach gets the target its margin can afford
What you see at month endSales, without knowing what they madeSales, and the profit they made