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Pay-Per-Click (PPC) management is the process of overseeing and managing a company's PPC ad spend. These are often strategies and ad buys while minimizing the overall expenditure. This may be done by the e-merchant or vendor themselves, or a dedicated specialist company may be hired to manage PPC buys on their behalf.
PPC management is generally seen as an evolving art where perfect optimization is not possible but is still the objective.