How to Succeed with Google Ads Performance Max: 4 Key Elements for Success
Sep 30, 2024Google Ads Performance Max is causing a divide in the digital marketing world. Some marketers see it as a game-changer for scaling their business, while others find it difficult to manage. The truth is, Performance Max can be incredibly effective—if you know how to use it properly.
In this blog post, we’ll walk through what makes Performance Max work, along with the 4 key elements you need for success with Performance Max campaigns. By following these tips, you'll be well on your way to optimizing your Google Ads strategy for better results.
What is Performance Max in Google Ads?
Performance Max is a relatively new campaign type in Google Ads, designed to help advertisers maximize conversions by using Google’s full range of ad networks—Search, Display, YouTube, Gmail, and Discover. The challenge, however, is that it operates differently from traditional campaigns, and many advertisers struggle to adapt.
In this post, we’ll cover how to optimize your Performance Max campaigns so that you can scale your business more effectively.
1. Conversion Data: The Foundation of Performance Max Success
If you want Google Performance Max to drive results, you need good conversion data. Without sufficient data, Google won’t have enough information to target the right users.
Performance Max pulls from your best-converting search terms, audiences, and demographics, so having reliable conversion data is critical. Without it, Google’s machine learning won’t be able to optimize your campaigns effectively.
What to Aim For:
- At least 30 conversions in 30 days.
- Consistent conversion growth for 6-8 weeks.
- A click-through rate (CTR) of over 7% on search campaigns.
- A conversion rate above 3% for search and shopping campaigns.
These metrics show that your ad copy, landing pages, and Google Ads strategy are already optimized, allowing Performance Max to further scale your campaigns.
2. Audience Targeting: Focusing on New Customers
One of the strengths of Google Performance Max is its ability to find new customers. To maximize this potential, you should have well-built audiences of at least 1,000 people.
Here’s how I recommend using Performance Max for audience targeting:
- Keep your search and shopping campaigns focused on high-converting or high buyer-intent keywords.
- Use Performance Max specifically to target new customers.
Make sure to set your campaigns to target new customers only and exclude your brand name from the targeting. This ensures that you’re reaching a fresh audience while avoiding overlap with existing campaigns.
3. High-Converting Keywords: Maximize Your Campaign’s Effectiveness
Even though Performance Max provides limited keyword data compared to standard campaigns, you still need to know which keywords are converting. This knowledge comes from running strong search or shopping campaigns that already highlight your top-performing keywords.
By understanding your high-converting keywords, you can refine your approach and allow Performance Max to take those results to the next level.
4. Ad Copy and Landing Pages: Optimize for Conversions
Successful Performance Max campaigns are built on effective ad copy and high-converting landing pages. Google’s algorithm can only work with the assets you provide, so it’s essential that these assets are already optimized for conversions.
Make sure that your landing pages are fast, mobile-friendly, and designed to encourage action. Your ad copy should clearly communicate your value proposition, address customer pain points, and include strong calls to action.
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How to Optimize Your Performance Max Campaigns
To make the most of Performance Max campaigns, it’s critical to optimize these 4 elements—conversion data, audiences, keywords, and ad copy. When used effectively, Performance Max can help you scale your Google Ads campaigns by expanding your reach and finding new customers.