High CTR, high CPC?

[howlusa]

In a lot of my campaigns, the keyword with the highest CTR also has the highest average CPC. I'm not sure if I should lower or raise my bid. For example, right now the Adgroup Max CPC is $0.50 and the keyword with the highest CTR/CPC is at $1.60 with a QS of 7. I'm not sure whether to lower or raise this bid? It actually has the lowest amount of impressions as well. I'm not sure what to do

[john4math]

Go to your Keywords tab, and select that single keyword, Go to the Keyword details tab, and select "Auction Insights".  This will give you a bunch of useful information:

• Impression share: How often you ad shows up
• Avg. position: The average position of your ad when it does show up
• Overlap rate: You can see how often your ad appears vs. other advertisers
• Position above rate: How often you're ranking above other advertisers.
• Top of page rate: How often you're at the top of the page (vs. the side).

So if your average position is already between 1-2, and your impression share is high, raising the bid probably won't do much.  However, if you're not at the top of the page much, or your impression share is lower, you might be able to get more clicks by raising the bid.