AI-generated Key Takeaways
- 
          Fractional bidding is a bidding strategy where bids are a fraction of the advertised price. 
- 
          cpc_bid_ceiling_microsis an optional field for setting a maximum bid limit in local micros.
- 
          enhanced_cpc_enabledadjusts bids based on conversion likelihood, potentially exceeding the bid ceiling for individual bids but not on average.
A bidding strategy where bids are a fraction of the advertised price for some good or service.
| Fields | |
|---|---|
| 
 | 
 Maximum bid limit that can be set by the bid strategy. This is an optional field entered by the advertiser and specified in local micros. Note: A zero value is interpreted in the same way as having bid_ceiling undefined. | 
| 
 | 
 Adjusts the bid for each auction upward or downward, depending on the likelihood of a conversion. Individual bids may exceed cpc_bid_ceiling_micros, but the average bid amount for a campaign should not. |