Script 21: Budget Boost for Performing Campaigns

Script 21: Budget Boost for Performing Campaigns

Purpose

The Python script adjusts campaign budgets by increasing them by 5% if their CPA performance is 10% better than the average of their peers within the same account.

To Elaborate

The script is designed to optimize advertising campaign budgets by evaluating their cost-per-acquisition (CPA) performance against peer campaigns within the same account. It looks back over a 30-day period, excluding the most recent three days to account for conversion delays. If a campaign’s CPA is at least 10% better than the average CPA of its peers, the script increases the campaign’s budget by 5%. This approach aims to allocate more resources to campaigns that are performing well, thereby maximizing the return on investment for advertising spend.

Walking Through the Code

  1. Initial Setup and Configuration
    • The script begins by defining constants for column names used in the data processing.
    • It initializes the output DataFrame with placeholders for daily budget and budget boost information.
    • User-changeable parameters include performance_threshold (set to 0.10) and budget_increase (set to 0.05).
  2. Data Preparation
    • The script reduces the input DataFrame to only the necessary columns and fills missing campaign types with ‘NA’.
    • It filters the data to include only the last 30 days, excluding the most recent three days.
  3. Data Aggregation and CPA Calculation
    • The script aggregates data by summing costs and conversions, and calculates the CPA for each campaign.
    • It also calculates the average CPA for each account and campaign type.
  4. Performance Comparison and Budget Adjustment
    • The script compares each campaign’s CPA to the average CPA of its peers.
    • If a campaign’s CPA is better than the threshold, it calculates a new budget by increasing the current budget by 5%.
    • Campaigns meeting the criteria are annotated with performance details and prepared for output.
  5. Output Preparation
    • The script prepares the final output DataFrame with updated budgets and annotations for campaigns that qualify for a budget increase.

Vitals

  • Script ID : 21
  • Client ID / Customer ID: 309909744 / 14196
  • Action Type: Bulk Upload (Preview)
  • Item Changed: Campaign
  • Output Columns: Account, Campaign, Daily Budget, AUTOMATION - Budget Boost
  • Linked Datasource: M1 Report
  • Reference Datasource: None
  • Owner: Michael Huang (mhuang@marinsoftware.com)
  • Created by Michael Huang on 2023-03-08 22:18
  • Last Updated by dwaidhas@marinsoftware.com on 2023-12-06 04:01
> See it in Action

Python Code

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#
# Boost Campaign Budget if CPA performance is better than peer average by preset threshold
#
#
# Author: Michael S. Huang
# Date: 2023-02-18

RPT_COL_CAMPAIGN = 'Campaign'
RPT_COL_DATE = 'Date'
RPT_COL_ACCOUNT = 'Account'
RPT_COL_CAMPAIGN_ID = 'Campaign ID'
RPT_COL_CAMPAIGN_TYPE = 'Campaign Type'
RPT_COL_CAMPAIGN_STATUS = 'Campaign Status'
RPT_COL_DAILY_BUDGET = 'Daily Budget'
RPT_COL_PUB_COST = 'Pub. Cost $'
RPT_COL_COST_PER_CONV = 'Cost/Conv. $'
RPT_COL_ROAS = 'ROAS'
RPT_COL_AVG_CPC = 'Avg. CPC $'
RPT_COL_CONV_RATE = 'Conv. Rate %'
RPT_COL_CTR = 'CTR %'
RPT_COL_CONV = 'Conv.'
RPT_COL_REVENUE = 'Revenue $'
RPT_COL_SEARCH_LOSTTOPISBUDGET = 'Search Lost Top IS (Budget) %'
RPT_COL_SEARCH_LOSTTOPISRANK = 'Search Lost Top IS (Rank) %'
RPT_COL_LOST_IMPRSHAREBUDGET = 'Lost Impr. Share (Budget) %'
RPT_COL_LOST_IMPRSHARERANK = 'Lost Impr. Share (Rank) %'
RPT_COL_AVG_BID = 'Avg. Bid $'
RPT_COL_HIST_QS = 'Hist. QS'
RPT_COL_IMPR = 'Impr.'
RPT_COL_CLICKS = 'Clicks'
BULK_COL_ACCOUNT = 'Account'
BULK_COL_CAMPAIGN = 'Campaign'
BULK_COL_DAILY_BUDGET = 'Daily Budget'
BULK_COL_AUTOMATION_BUDGETBOOST = 'AUTOMATION - Budget Boost'

outputDf[BULK_COL_DAILY_BUDGET] = numpy.nan
outputDf[BULK_COL_AUTOMATION_BUDGETBOOST] = numpy.nan

# CPA Performance Threshold and Campaign Budget increase step size
performance_threshold = 0.10
budget_increase = 0.05

# when missing CONV, CPA is INF. Treat it as missing value.
pd.set_option('mode.use_inf_as_na', True)

# reduce to needed columns, fill in missing campaign type
df_reduced = inputDf[[RPT_COL_ACCOUNT, RPT_COL_CAMPAIGN_TYPE, RPT_COL_CAMPAIGN, RPT_COL_DATE, RPT_COL_DAILY_BUDGET, RPT_COL_PUB_COST, RPT_COL_CONV]].copy()
df_reduced.fillna({RPT_COL_CAMPAIGN_TYPE: 'NA'}, inplace=True)

# # limit to non-brand campaigns
# non_brand = (df_reduced[RPT_COL_CAMPAIGN].map(lambda x: 'NB' in x)) | (df_reduced[RPT_COL_CAMPAIGN].map(lambda x: 'nonbrand' in x.lower()))
# df_reduced = df_reduced[non_brand]

# print("reduced input\\n", df_reduced.to_string())

# 30-day lookback without most recent 3 days due to conversion lag
start_date = pd.to_datetime(datetime.date.today() - datetime.timedelta(days=33))
end_date = pd.to_datetime(datetime.date.today() - datetime.timedelta(days=3))
df_reduced = df_reduced[ (df_reduced[RPT_COL_DATE] >= start_date) & (df_reduced[RPT_COL_DATE] <= end_date) ]
if (df_reduced.shape[0] > 0):
    print("reduced dates\\n", min(df_reduced[RPT_COL_DATE]), max(df_reduced[RPT_COL_DATE]))
else:
    print("no more input to process")

# aggregate over remaining date range, summing cost/conv and take latest campaign budget
# remove 0 conv
agg_func_selection = {
    RPT_COL_DAILY_BUDGET: ['last'],
    RPT_COL_PUB_COST: ['sum'],
    RPT_COL_CONV: ['sum']
}
df_campaign_agg = df_reduced.groupby([RPT_COL_ACCOUNT, RPT_COL_CAMPAIGN_TYPE, RPT_COL_CAMPAIGN]).agg(agg_func_selection)

# recalc cpa
df_campaign_agg[RPT_COL_COST_PER_CONV] = df_campaign_agg[RPT_COL_PUB_COST] / df_campaign_agg[RPT_COL_CONV]
# print("recalc cpa for campaign w conv\\n", df_campaign_agg.to_string())

# calc avg cpa by account and campaign type
agg_func_selection = {
    RPT_COL_DAILY_BUDGET: ['mean'],
    RPT_COL_PUB_COST: ['sum'],
    RPT_COL_CONV: ['sum']
}
df_cpa_agg = df_reduced.groupby([RPT_COL_ACCOUNT, RPT_COL_CAMPAIGN_TYPE]).agg(agg_func_selection)
df_cpa_agg[RPT_COL_COST_PER_CONV] = df_cpa_agg[RPT_COL_PUB_COST] / df_cpa_agg[RPT_COL_CONV]
# print("avg cpa\\n", df_cpa_agg.to_string())

# merge avg cpa to input df to make comparison
df_comparison = df_campaign_agg.join(df_cpa_agg, how='left', on=[RPT_COL_ACCOUNT, RPT_COL_CAMPAIGN_TYPE], lsuffix="", rsuffix="_agg")
# print("merged avg cpa\\n", df_comparison.to_string())

# calculate performance of CPA relative to categorical average
df_comparison['cpa_perf'] = (df_comparison[RPT_COL_COST_PER_CONV + '_agg'] - df_comparison[RPT_COL_COST_PER_CONV]) / df_comparison[RPT_COL_COST_PER_CONV + '_agg']

# print("daily budget\\n", df_comparison[RPT_COL_DAILY_BUDGET]['last'])

# calc new daily budget for all campaigns
df_comparison[BULK_COL_DAILY_BUDGET + '_'] = df_comparison[RPT_COL_DAILY_BUDGET]['last'] * (1+budget_increase)

# Make budget adj if over threshold and non-zero
df_adj = df_comparison[ (df_comparison['cpa_perf'] > performance_threshold) & (df_comparison[BULK_COL_DAILY_BUDGET + '_'] > 0)].copy() 

if not df_adj.empty:

    print("df_adj\\n", df_adj.to_string())
    
    df_adj.reset_index(level='Campaign', inplace=True)

    # annotate via Marin Dimensions
    def rowFunc(row):
        return 'CPA is {:,.2f}% lower than avg ${:,.2f} for Account/CampaignType {}. Budget increased {:,.2f}% on {}'.format(
            100*row['cpa_perf'].values[0], \
            row[RPT_COL_COST_PER_CONV + "_agg"].values[0], \
            row.name, \
            budget_increase * 100, \
            datetime.date.today()
        )

    df_adj[BULK_COL_AUTOMATION_BUDGETBOOST] = df_adj.apply(rowFunc, axis=1)

    df_adj.reset_index(inplace=True)

    # print("df_adj\\n", df_adj.to_string())

    # bulk output
    outputDf = df_adj[[RPT_COL_ACCOUNT, RPT_COL_CAMPAIGN, RPT_COL_DAILY_BUDGET + '_', BULK_COL_AUTOMATION_BUDGETBOOST]].copy()
    outputDf.rename(columns={RPT_COL_DAILY_BUDGET + '_': RPT_COL_DAILY_BUDGET}, inplace=True)
    outputDf = outputDf.round(2).droplevel(1, axis=1)
    # print("output\\n", outputDf.to_string())

else:

    print("No qualified campaigns exceeded performance threshold of {:,.2f}%".format(performance_threshold * 100))
    outputDf = outputDf.iloc[0:0]

Post generated on 2024-11-27 06:58:46 GMT

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