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How to optimize google max performance campaign:

Have you ever wondered why Google is continually improving the service it provides? The answer is simple — to earn more money. The best way to do this is to offer more targeted ad options that the search engines can use to find more people online and then sell them products and services. 

As Google AdWords evolves into a “ holistic” platform for advertisers to find more business, it might seem like it’s impossible to keep up when it comes to changing from one method of advertising to another. But, thanks to technology and automation advances, many businesses can now easily adjust their tactics for success in several different stages of their campaign lifecycle.

In November 2021 Google rolled out a new goal-based campaign type called Performance Max. PMC is the newest type of automated Google Ads campaign that uses Artificial Intelligence to display responsive ads across all Google’s properties like Search, Display, YouTube, Gmail, Discovery, and Shopping Performance Max Campaigns combine Google’s automation technologies across bidding, budget optimization, audiences, creatives, attribution, and more thus to help target more relevant keywords, assess and measure better, and even automate conversions for profitable customers.

Being an AI-driven Ad type, PMax provides advertisers with less control over optimization. But there are always a few things that you can focus on to optimize. So, In this post, we look at some tips for improving your performance on the campaign level when you are running a Performance Max campaign.

MUST HAVE CLEAR GOALS

Your marketing goals are at the centre of your strategy . You have to carefully understand your campaign objectives as Performance max campaigns are only available for Sales, Leads, Website Traffic, Local Store Visit & Promotion or No goals

  • Sales: drive online, phone, or in-store sales.
  • Leads: get leads and other conversions by encouraging customers to take action.
  • Website traffic: get qualified traffic to visit your website.
  • Local Store Visit/ Promotion : Get users to visit your store in person. 
  • No Goal : Create a campaign without a primary objective

You should also have to define specific conversion goals for your campaign, e.g. calls, form submissions, or purchases.If you notice any irrelevant goals, use the 3-dot icon to “Edit” or “Remove” the goal. Incase If your goal does not fit into these categories, don’t try to rethink your goal, Consider another type of campaign.

Focus On Bidding Strategy and Budget

Based on your specified performance goal, Performance Max will help set the right bids for every auction and optimize the campaign. The bid strategy and budget for a Performance Max campaign should be in line with your overall business objectives.

Here are the main options available for bidding  in performance max :

  • Conversion value: This strategy is most appropriate if you want to maximize conversions that have different values for your business.
  • Conversions: This strategy is most appropriate if you want to maximize conversions and they all have approximately the same value for your business.

You can also include a cost per action (CPA) or return on ad spend (ROAS) in your bidding strategy as if this helps you better measure your marketing results. To calculate your CPA or Target ROAS, You can use the average CPA or ROAS of the last 30 days in other campaigns as a starting point. We recommend you to go with this option if you are running P-MAX for more than 30 days. 

According to google For Performance Max, you should try an average daily budget of at least 3 times your CPA or cost/conv.
Choose Additional Campaign Settings

 You will then need to select these settings:
  Location and Language

  • Check out from which cities/state/region you are getting regular conversions aur higher clicks, Exclude all those region from where you are getting low CTR and no conversion.
  • we recommend you to go with all language option as this will broden your add reach and open a door for more potential customer.