Google has posted some details of a quality score algo update that will supposedly take effect over the next week or so. Possibly starting as soon as Monday 2/19. Re:
http://adwords.blogspot.com/2007/02/...e-updates.html
Pay close attention to how you should activate the Quality Score column for your keyword detail stats. A review of QS for my keywords shows all but two as "Great", and I was able to identify why those two were only "OK", and fix it on the applicable landing page.
If you have any keywords that are not "Great", it probably means:
a) The keywords are not present in the ad text, or
b) The landing page does not have the words of the keyword phrase in it's content, preferably in a H1 or H2 style tag, or
c) The landing page does not have at least some of the words in the keyword phrase in its Title and/or Description.
d) Some of all of the above.
Besides "Great", I have also seen "OK" and "Poor" ratings on keywords in some client campaigns that I manage, each time due to landing page quality issues. Most of those I could fix because I also manage their landing pages, but in cases where they have other web site support arrangements, they will have to get the issues fixed themselves or face drastically reduced AdWords traffic, and/or higher CPC charges, once the new algo is fully rolled out. If a keyword's QS is really bad, Google may even disable it and assign a minimum bid or $5, or $10., depending on just how bad it is.
If you are running your own AdWords campaigns, plan on having lots of fun making adjustments to your bids that will surely be necessary with this new algo over the coming several weeks! You should get any QS ranking issues identified and fixed ASAP, preferably before the algo changes are fully implemented.
PS: A recent glitch related to early release of the new QS stats column and erroneous keyword status reporting was reported by lots of advertisers, and supposedly fixed by Google in the last day or two. I saw it myself, and also saw it go away, so at least in my campaigns, it seems to be fixed.

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