Max Conversions: Avoid if Prices Vary Widely!

Maximize Conversion Bidding? Not if our items vary greatly in price! The system optimizes for cheapest purchases, leading to the least revenue. A dumb move! Use Max Conversion Value for better results.

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Keywords: Google Ads bidding strategies, maximize conversions vs maximize conversion value, ROI optimization on google ads, PPC bidding, smart bidding strategies

#MaxConversions #BiddingStrategy #GoogleAds #EcommerceTips #DigitalMarketing #OnlineAdvertising #ConversionValue #PPC #MarketingStrategy #Adwords

Smart Bidding Exploration Explained – Google Ads Biggest Update #ppc #googleads #advertising #ads

Big News! Google launched ๐’๐ฆ๐š๐ซ๐ญ ๐๐ข๐๐๐ข๐ง๐  ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and calls it ๐›๐ข๐ ๐ ๐ž๐ฌ๐ญ ๐๐ข๐๐๐ข๐ง๐  ๐”๐ฉ๐๐š๐ญ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐ฅ๐š๐ฌ๐ญ 10 ๐ฒ๐ž๐š๐ซ๐ฌ. Here are my thoughts when to use it!

First of all, ๐ฐ๐ก๐š๐ญ ๐ข๐ฌ ๐’๐ฆ๐š๐ซ๐ญ ๐๐ข๐๐๐ข๐ง๐  ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง?
This Beta is here to expand your high conversion search terms and find or explore new terms that might convert. Basically it tries to catch more queries while still trying to hit your tROAS goal.

๐–๐ก๐ฒ ๐ฎ๐ฌ๐ž ๐’๐ฆ๐š๐ซ๐ญ ๐๐ข๐๐๐ข๐ง๐  ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง?
For now Smart Bidding has prioritized keywords that have a predictable performance. But that often means you’re ignoring:
โ€ข New or emerging queries (15% of searches are new every day)
โ€ข Long tail keywords
โ€ข Early funnel searches
Smart Bidding Exploration should solve this by letting Googleโ€™s AI strategically loosen ROAS targets to explore new searches. I think also because of new searches from AI Overviews.

๐Ÿ’ก ๐๐š๐ฌ๐ข๐œ๐š๐ฅ๐ฅ๐ฒ: ๐‡๐ข๐ ๐ก ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ข๐ง๐  ๐’๐ž๐š๐ซ๐œ๐ก๐ž๐ฌ + ๐ง๐ž๐ฐ ๐๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซy ๐ฌ๐ž๐š๐ซ๐œ๐ก๐ž๐ฌ. ๐‹๐จ๐ฐ๐ž๐ซ ๐Ÿ๐ฎ๐ง๐ง๐ž๐ฅ + ๐ฅ๐จ๐ฐ๐ž๐ซ ๐ญ๐จ ๐ฆ๐ข๐ ๐Ÿ๐ฎ๐ง๐ง๐ž๐ฅ. ๐Ÿ’ก

๐–๐ก๐ž๐ง ๐ญ๐จ ๐ฎ๐ฌ๐ž ๐ข๐ญ?
1๏ธโƒฃ ๐–๐ก๐ž๐ง ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž ๐ก๐š๐ฌ ๐ฌ๐ญ๐š๐ ๐ง๐š๐ญ๐ž๐
Youโ€™re seeing stable ROAS, but growth has stagnated.
Your Search Terms Report looks the same month after month.
Enable Exploration to find new intent patterns your current bid strategy ignores (or does not risk to find)

2๏ธโƒฃ ๐–๐ก๐ž๐ง ๐ฅ๐š๐ฎ๐ง๐œ๐ก๐ข๐ง๐  ๐ง๐ž๐ฐ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐จ๐ซ ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ (learning phase)
Thereโ€™s no historical conversion data yet so Smart Bidding avoids any risk.
Use Exploration to lower learning-phase and push system.

3๏ธโƒฃ ๐–๐ก๐ž๐ง ๐ฒ๐จ๐ฎ๐ซ ๐š๐ฎ๐๐ข๐ž๐ง๐œ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ข๐ฌ ๐š ๐›๐ข๐ญ ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ž๐ฑ
Industries like real estate, finance, B2B, and healthcare that have multiple touchpoints.
Let Exploration pick up earlier funnel searches like โ€œhow to qualify,โ€ โ€œwhat price,โ€ or โ€œwhat to expect.โ€