Working in different roles over the years, I've spent millions of dollars on AdWords.
You can cancel any time for sure. Here are a few tips about promoting YouTube videos on AdWords:
- Choose a video that has a hook within the first 5 seconds, preferably without an intro. You have very little time to convince the viewer to continue watching and not click on something else.
- Choose between in-display, in-stream ads, or both. In-stream appear as an ad before the video, in-display appear in search results and would be more effective at increasing your subscribers. In-stream is more suited for brands who want to raise awareness.
- After you create your ad group, make sure you have the audience of your ad properly set up. Inside your ad group, go to the "Video Targeting" tab:
-- Under demographics, make sure you are targeting the proper age. For example, if you have a gaming channel, you want to target under 34. If you have a parenting channel, you want to target above 25 but below 54, and with parental status "parent".
-- Very important: under interests, click on "+ Interests". If your channel has product reviews, select "In-market audiences" and choose interests. If is general, select "affinity audiences" and choose 1-2 interests. Try to keep it as narrow as possible. If you do not do this, your ad will be shown pretty randomly to people who won't be interested in your channel.
- In settings for your campaign, I would also limit to certain geographic areas in which you expect your videos to resound in more. For example, if I had a country music channel, I would limit my videos to southern USA. You should at least focus on countries which have your audience, in my case I have region targeting set to USA, Canada, UK & Germany.
Monitoring:
- Make sure you monitor where your ad is showing!! This is super-duper important.
- If you have an in-display campaign, under your campaign, go to Video targeting tab, Keywords button, and Search terms tab.
- You will see what terms your ad shows up for. Select the ones that are garbage, then go to Edit>Exclude. You don't want to be wasting money on ineffective phrases.
Spend:
- I have YouTube AdWords campaigns running that are costing me $0.02 to $0.10 cents per view. Your actual spend will vary based on your channel and ad type.
I can probably write an encyclopedia on how to promote videos on YouTube.. maybe I'll do it later in another thread.
Good luck!