Should I bid higher on Cyber Monday?
Muhammed Tüfekyapan
Founder & CEO
TL;DR - Quick Answer
Complete Expert Analysis
Should You Bid Higher on Cyber Monday?
Yes - but bid increases should be surgical, not uniform. CM CPCs are already 40-80% above normal because every advertiser increases bids simultaneously. Adding undifferentiated bid increases to all campaigns just means you're paying more for the same performance.
Where to Increase CM Bids
| Audience/Campaign | Bid Increase | Reason |
|---|---|---|
| Cart abandoners | +50-75% | Highest intent, worth competing hard for |
| Past customers (retargeting) | +40-60% | Known converters, highest LTV potential |
| Recent site visitors (14-day) | +30-40% | Warm audience, worth premium positioning |
| Brand search (Google) | +25-35% | Protect brand from competitor brand bidding |
| Cold/lookalike audiences | +10-20% max | Lower intent; don't overpay |
Bidding Strategy for CM
If using automated bidding (target ROAS, target CPA):
- →Lower target ROAS by 15-20% on CM (allows algorithm to bid more aggressively to hit volume)
- →Increase daily budget to prevent the campaign from hitting budget limits during peak hours
- →Do NOT change target CPA/ROAS mid-day - make the adjustment before CM morning and let it run
Bid Increases + On-Site Conversion
Higher bids improve ad visibility; your on-site conversion rate determines whether those higher-cost clicks are profitable. If you're paying 60% more per click on CM but converting at 2x the normal rate, higher bids are justified. Growth Suite's on-site offer triggers help ensure the increased-cost traffic converts - making your CM bid increases worthwhile rather than just more expensive.
Warning: Set maximum bid caps on cold audience campaigns. Without caps, automated bidding can spend 3-4x your target CPC on a single cold impression during CM auction spikes. Protect your budget with bid maximums on lower-intent campaign types while allowing flexibility for your highest-converting retargeting audiences.
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With over a decade of experience in e-commerce optimization, Muhammed founded Growth Suite to help Shopify merchants maximize their conversion rates through intelligent behavior tracking and personalized offers. His expertise in growth strategies and conversion optimization has helped thousands of online stores increase their revenue.
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