In the last months, Google Ads formally enabled the use of the new Performance MAX campaigns for all users who use the Google’s advertising platform. They timidly started with a beta version, but they quickly stablished as the new “toy” for Google Ads Specialists, showing great results in specific goal campaigns. Google continues to show that artificial intelligence and machine learning will be clearly the future for all advertisers.
With this brief guide you will be able to learn what these new campaigns are, how they work and when it is advisable to use them.
In a nutshell, the new Performance MAX campaigns allow us to use the entire Google Ads inventory through a single campaign. When we mention all inventory we mean:
Before the appearance of these campaigns, if we wanted to appear in the entire Google Ads inventory, we had to carry out campaigns separately in each channel, but thanks to these new campaigns this problem has been solved.
These types of campaigns are easy to create and optimize since they mainly use machine learning and automation of our account and historical data to make the most of our budget and find customers in the right moment and place.
When creating a campaign with a sales, potential customers or visits goal, we can then choose the Performance Max campaign option. The next step is the usual, upload the headlines, descriptions, photos and videos (Don’t worry if you don’t have videos, the platform creates a collage with your images to show on YouTube for example). Once this basic data is loaded, all the rest is left to Google’s artificial intelligence, who will use that information (together with the historical data) to distribute our ads through the whole inventory and learn where and when it is best to push our ads.
Creating and optimizing these campaigns is very simple as we have seen before, but the key part is understanding when it is convenient to use them.
Based on the experiences we have had with our clients from different industries and countries, these campaigns are recommended for those companies that want to sell a massive product or service. Of course, if we say that through a single campaign we will have the visibility of the entire Google inventory, this implies that it will reach many people through different formats. So if our product/service is something that fits the needs of most people, we recommend trying this type of campaign.
If you are just starting out with Google Ads, have a new account, and have not had any conversions, we do not advise you to use these campaigns. As we mentioned before, Google uses artificial intelligence and historical data to understand where and when to sell our product/service more efficiently.
Within this historical data we have the conversions of our account, which is a key part for the good use for these campaigns. If we don’t have around 30 conversions in the last 45 days it will be difficult for Google to use historical data and understand where to sell your products and services.
It is also not recommended to use this type of campaign for products or services that target a specific niche audience. As we have mentioned before, these types of campaigns are good for reaching a large part of the population. If you want to sell something very specific, it is best not to invest your budget in campaigns as massive as Performance MAX.
Example 1
If you want to sell life insurance or shoes, for example, this type of campaign can be very beneficial since the vast majority of people need these services or products.
Example 2
If you want to sell spare parts for a specific industrial machine, then we do not recommend using these types of campaigns. The niche you are targeting is very narrow, and this type of campaign just plasters the internet with your ads, which will generate many impressions, clicks and waste your budget.
Google will continue using artificial intelligence, machine learning and automations in its platform and campaigns. This is the future for advertisers. On one hand, it is beneficial because it will not require great skills to publish on your platforms and get results, but on the other hand, it will not allow the Google Ads specialist to be granular with modifications or changes within their campaigns.
Beyond this quick guide to understand the new Performance MAX campaigns, we always advise you to initially test the new campaigns with a low budget and measure the results such as the cost per click, or the cost per conversion. Once you have certain results you will be able to know if it is a campaign that fits your objectives or not. Remember, in marketing the key is always to test and measure!
If you do not have much experience and want to try these campaigns or if you have any questions, contact us here or use the form below. We are delighted to hear your challenge and help you get the most out of your business and budget.
Deep passion for technology, development and businesses. More than 12 years working in different marketing departments around the world. A true believer that constant education and dedication are the key to achieve what you want.
Are you planning to start your own business? Do you have an idea that you think could be profitable? Are you looking for becoming a freelancer and create your own brand? Read this first.
We solve the famous puzzle of how much to invest in Google Ads. Stay a few seconds reading and learn some interesting tricks when it comes to knowing how to invest efficiently in your campaigns.
After receiving the same question dozens of times over the last few years, “What is happening to my e-commerce, why I am not selling?”, at Studio Ideago we decided to design a quick and easy guide to understand the health of your online store.
With this brief guide you will be able to learn what the new Google Ads Performance MAX campaigns are, how they work and when it is recommended to use them.
For more than 10 years we have been using Google Analytics Universal interface but in 2023 all companies will be forced by google to transition to their brand new interface, Google Analytics 4.
Keep reading and learn how can you make this transition for your business data simple and smooth.
© 2024 Studio Ideago All Rights reserved