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Test 014

Why we bid on margin, not clicks

Why we bid on margin, not clicks

Why we bid on margin, not clicks

In short

In short

Clicks are cheap to buy and easy to report. Margin is what actually pays for the next campaign, so it's what we tell the bidding models to chase.

Test 014

· live data

Meta · Google · TikTok

Margin / Clicks

Field note

Test 014

Test 014

· live data

Meta · Google · TikTok

Margin / Clicks

Field note

Test 014

Test 014

· live data

Meta · Google · TikTok

Margin / Clicks

Field note

Test 014

What we tested

What we tested

Margin / Clicks

Margin / Clicks

Margin / Clicks

Meta · Google · TikTok

Category

Category

Strategy

Read

Read

6 min

Published

Published

Author

Author

Maya Okafor · Head of Strategy

Read the note ↓

Read the note ↓

Margin / Clicks

Margin / Clicks

Field note ·

Field note ·

6 min

6 min

Written by

Maya Okafor · Head of Strategy

Channels

Meta · Google · TikTok

In this note

01 The problem

02 What we changed

03 What it did

Clicksarecheaptobuyandeasytoreport.Marginiswhatactuallypaysforthenextcampaign,soit'swhatwetellthebiddingmodelstochase.
Clicksarecheaptobuyandeasytoreport.Marginiswhatactuallypaysforthenextcampaign,soit'swhatwetellthebiddingmodelstochase.
Clicksarecheaptobuyandeasytoreport.Marginiswhatactuallypaysforthenextcampaign,soit'swhatwetellthebiddingmodelstochase.

Most accounts optimise for the number the ad platform gives them first. That’s usually a click or a conversion, and both treat a $9 order and a $90 order as the same win.

What we changed

We feed order margin back into every platform as the conversion value, so the models learn which customers are worth paying more for and which ones only look cheap.

“They were the first to bid on margin instead of clicks.” — Elena Marsh, Vanguard

The click-through rate barely moved. Revenue per order did, and that’s the number that compounds month after month.

End of note

End of note

All field notes

All field notes

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Keep reading ↓

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[ 012 — CONTACT ]

[ 012 — CONTACT ]

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C01 · TALK TO A STRATEGIST

C01 · TALK TO A STRATEGIST

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C02 · NOTES FROM THE DESK

C02 · NOTES FROM THE DESK

Occasional notes on what we test and what wins.

Occasional notes on what we test and what wins.

1,400+ LIVE CAMPAIGNS · $48M+ MANAGED

1,400+ LIVE CAMPAIGNS · $48M+ MANAGED

C03 · SYNAPSE®

C03 · SYNAPSE®

Created by Lamin Touray

Created by Lamin Touray

© 2026 Synapse

© 2026 Synapse

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