The goal is to get as many clicks as possible. Based on your overall quality score, your ad rank can surpass other competitors and lower the amount you actually have to pay. This is known as your Actual CPC. The image below is a great visual representation of how the components intertwine with each other.
Maximum bids don't necessarily mean that your ad rank will increase. Depending on your company and budget, you can control your bidding for individual keywords and Display Network target settings. The only bad thing about Manual bidding is the time and maintenance it takes.
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