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Confidential + Proprietary
Confidential + Proprietary
5 Performance marketing questions you
should be asking in 2021
Dalibor Klic
dklic@google.com
Confidential + Proprietary
Why this deck, why these questions?
1. Field of digital marketing is constantly evolving, if you want to stay relevant we
need to evolve too
2. Looking for improvements in age of massive automation
3. Inspiration for others to examine this topics, perhaps continue in this kind of
questioning
4. Some of the questions should be asked by everyone some of them are for
people looking for minor fine tuning
Confidential + Proprietary
Confidential + Proprietary
What is your best performing title structure
for each category in Google Shopping?
Confidential + Proprietary
The more keyword-rich product titles see a CTR uplift of 18%; while the
CTR increase on the exact query match was 88%
Search Engine land case study
Confidential + Proprietary
Basic naming structure: Brand + Product + Attributes (color, size, weight)
Apparel Brand + Gender + Product type + Attributes (color,
size, style, material)
Ann Taylor Women’s Black Slacks Size 6
Consumable or
nutritional goods
Brand + Product type + Attributes (flavor, quantity,
weight, count)
TwinLab Super CoQ10, 50 mg, 60 caps
CE or Hard goods Brand (manufacturer) + Product type + Attributes
(size, weight) + Model#
Target, Patio Wicker Chair Set, Brown, 4-
Piece
Televisions
electronics
Brand (manufacturer) + Attribute +Product + Model
#
Brand +Product + Attribute + Model #
Vizio 52” TV, Black, #A783x63
Seasonal/Holiday Occasion + Product type + Attributes (color, size,
weight)
College Grad 2013 Storage Box Gift, Silver
If product is…. Use this structure: Example
Best practices for product titles per vertical
Confidential + Proprietary
Ideas for title A/B testing
● Position - experiment with the placement of a specific attribute, for example, Brand name at the front vs at the end of
a title
● Keep or Toss - there are many product attributes that might be relevant from the customer’s perspective, but what is
their actual impact on your ads? Examples: color, size, material etc.
● Synonyms - find words that really speak to your audience and are well aligned with their culture, eg. While in the US,
are you gonna say 'grill' or 'BBQ'?
● Abbreviations - do you have words in your titles that are commonly shortened to abbreviations? It could be your
Brand name or any one of the attributes.
● Length - what kind of titles work best for your audience: very short or maybe more descriptive?
Title testing methodology & ideas
● Set timing for the test
● KPI
a. Search term coverage (# of new queries, what type are new queries brand/generic)
b. CTR in the exact match or overall including new queries (second grade metric conv. rate)
● Divide products in category based on last 90 days performance similarities
Confidential + Proprietary
Confidential + Proprietary
Is your search campaign structure still up to
date?
Confidential + Proprietary
Google's Smart Bidding has opened the door for advertisers to safely simplify their accounts
without sacrificing performance. In fact, following the best practices actually lead to
increased performance!
*Source: uLab study - How specialists work with keyword match types?
● 40% specialists creates campaigns in 2 variants
(eg. Exact match plus phrase match)*
● About 30% specialists admitted adding all match
types to each Ad Group*
Confidential + Proprietary
Proprietary + Confidential
Why doesn’t Smart Bidding need a granular account structure?
#1 #2 #3
It bids auction-time
& at the query-level
It uses a combination
of signals to set the
best bid
It optimizes based on
data from all of your
campaigns
Confidential + Proprietary
MHC-Exact-KidsClothes
MHC-Exact-CheapKidsClothing
MHC-Exact-InfantClothes
MHC-Exact-ChildrenClothes
MHC-Exact-ComfortableKidsClothes
MHC-Exact-OutfitsforKids
MHC-Exact-BuyClothesKids
MHC-Exact-OnlineClothesUS
MHC-Exact-TrendyKidsClothes
MHC-Exact-PurchaseChildrenwear
MHC-Exact-KidsFashionClothing
MHC-Exact-BestClothesForKids
Keyword-based
ad
groups
Previously relevant campaign structure approaches
● Match-type-specific ad
groups and campaigns.
● Duplicate keywords across
every match type.
● Single keyword ad groups.
● “Funneling” to match type
using negatives.
● Low-volume search terms
as exact keywords.
Confidential + Proprietary
Search Unboxed
How to simplify your
structure
Confidential + Proprietary
Steps for simplifying accounts:
Consolidate traffic
into fewer and larger ad
groups and campaigns
Broaden match types
under Smart Bidding
Leverage RSA and
dynamic features for
Creatives
1 2 3
Confidential + Proprietary
Consolidate traffic based on objective...
1
Smart Bidding
Match
type
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
Device
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
Audienc
e
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
adgroup
DSA
All Match Types, Devices,
Audiences, DSAs, etc.
Manual Bidding
Broad Match Campaign
Exact Match Campaign
Phrase Match Campaign
Mobile Campaign
Desktop Campaign
Tablet Campaign
10 day (RLSA) Campaign
20 day (RLSA) Campaign
30 day (RLSA) Campaign
Dynamic Search Ads
Campaign 1 Campaign 2
tCPA 10$ tCPA 18$
Confidential + Proprietary
Audiences
Algorithms automatically
factor recency on 1st-
party Audience lists - add
the longest & largest list
possible to maximize
reach.
Device, Geo, Day, etc.
Algorithms factor in device,
physical location, time of
day, and a host of other
signals.
Keyword Match Type
Smart Bidding is auction-
time & query-level:
It is not necessary to
segment by match type or
single keyword ad groups
to boost optimization.
...by removing unneeded traffic segmentations...
1
Confidential + Proprietary
... moving to larger volume ad groups and campaigns
1
Try to maximize the number of impressions per ad group*.
Grouping themed keywords together helps us better understand the
intention of your keywords to select the best keyword + ad option to
serve.
A good way to consolidate traffic is to have each ad group point to a
single landing page. This will allow more volume and more variety of
queries per ad group, while still staying on-theme.
If not ready to consolidate campaigns, Portfolio Bidding is a
good place to start, as it allows you to optimize bids across
multiple campaigns to reach your performance goals
*Some automated features have volume thresholds, like the Performance Asset label for RSA which only
shows if there are 5k+ impressions per month in the ad group
Confidential + Proprietary
Consolidate traffic
into fewer and larger ad
groups and campaigns
Broaden match types
under Smart Bidding
Leverage RSA and
dynamic features for
Creatives
1 2 3
Steps for simplifying accounts:
Confidential + Proprietary
Broaden match types under Smart Bidding...
2
A broad match keyword covers all the
same queries as the same keyword in
narrower match types, plus more.
Broad Exact
Phrase
Note: not to scale
When using Smart Bidding, there
is no incremental gain to
having keywords repeated in
different match types.
Confidential + Proprietary
…and use fewer keywords with better results.
2
Set of queries
reached through a
single Broad match
keyword
Broad
keyword
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Exact
Many exact keywords
would be needed to
achieve the same reach
as a broad match
keyword.
...and it’s likely that
business-relevant
queries are missed.
This strategy is time
consuming and
inefficient...
Smart Bidding allows you to safely cast a wider net with a broader match type, as bids are customized in real-
time to make sure you’re reaching business-relevant queries that help you achieve your KPIs.
Confidential + Proprietary
Broad match improvements are happening as we speak
Theming - Advertiser Agent New Trumping Hierarchy Quality Improvements
Smarter way for our system to
choose the best keyword in an
account when multiple keywords
are eligible for the same query so
that advertisers do not have to do
this themselves. Advertiser Agent
only works when there is more
than one keyword in the account
that is eligible to serve for a given
query.
Phrase and Broad Match
keywords that are identical to
the search term or the spell-
corrected search term are
preferred over other keywords
in the keyword selection process.
Previously, only an exact match
keyword received preference in
keyword selection.
Improve query understanding
signals by created a new machine
learning system based on
historically reported bad
matches from advertisers to
include in our search language
understanding model to exclude
poor matches and include
matches we may have previously
excluded.
Details at official blogpost.
Confidential + Proprietary
Consolidate traffic
into fewer and larger ad
groups and campaigns
Broaden match types
under Smart Bidding
Leverage RSA and
dynamic features for
Creatives
1 2 3
Steps for simplifying accounts:
Confidential + Proprietary
Leverage RSA and dynamic features for creatives
3
IF functions*
{=IF(<dimension>=<criterion>,text
to insert):default text}
*Currently compatible with ETAs
Ad customizers-
{LOCATION(Level):default text}
*Currently compatible with RSA
Dynamic Keyword Insertion
{KeyWord:default text}
*Currently compatible with ETAs & RSAs
Maintaining relevance between queries, ads and landing pages is key!
Use the power of machine learning to show
highly-tailored ads with Responsive Search Ads
Leverage dynamic features to deliver
customized ads without segmenting traffic
Confidential + Proprietary
Confidential + Proprietary
Where on the ROAS curve are you?
Confidential + Proprietary
We can also see that
client has potential
for effective growth
of Conversion value
Understanding auction potential helps with realistic expectations
July results with
current settings
(0.78 ROAS)
July results with
new settings
(0.5 ROAS)
Illustrative example
Confidential + Proprietary
ROAS Curve of market leader who has nothing to gain by lowering ROAS goal
Validate if performance planner is your best planning tool
Check your curves and performance planner accuracy!
Not so much market leader
Confidential + Proprietary
The amount of inventory
YoY and seasonal search query
growth for retail categories
targeted by My Happy Clothes.
Key factors impacting forecast in Performance planner
Validation with
Machine Learning
Forecast engine does forward
& backward measurements to
validate the accuracy of
forecasts. It measures running
campaigns against their actual
performance, and uses
machine learning to tweak
forecasts based on those
accuracy results.
The demand for that inventory
The pricing or cost-per-click changes
based on Auction simulation data over the
last 7 to 10 days.
Signals from Google
Ad auctions
Seasonality, CTR,
competitors, landing page,
time of day etc for My Happy
Clothes’ campaigns targeted
region and industry (retail).
Confidential + Proprietary
Confidential + Proprietary
What % of transactions we don’t see
because of tracking restrictions?
Confidential + Proprietary
User expectations for online privacy are changing,
and policies & platforms are evolving in parallel
Platform Changes
Browser restrictions on use of cookies
Mobile OS restrictions on use of device identifiers
Regulation
Increase in restrictions on use of personal data
and additional requirements around user consent
User Privacy
Rising user expectations on Privacy
impacting measurement ecosystem
NEW
NEW NEW
Confidential + Proprietary
App
Invest in a durable foundation essential for all
conversion modeling
Google Tag Manager
Global Site Tag
OR
Web
Google Analytics 4
Firebase SDK
Confidential + Proprietary
increase in reported
Search conversions
+5%
Adopt products built on top of the global site tag & Google
Tag Manager for enriched first party data
#
what? where? who?
Enhanced
Conversions
Enhanced
Attribution
Consent
Mode
Google
Analytics 4
Uses advertiser’s hashed
customer data to fill in gaps
due to browser changes
Improves conversion signals for
video and display inventory when
third party cookies aren’t
available
Adjust tag behavior and fill in
gaps in conversions due to
consent banners
Provides most complete picture
of behavior and conversions
across Web and App
CM360/DV360 only
Google Ads only
Google Ads, Google
Analytics, SA360,
CM360/DV360
Google Analytics only
Web advertisers in non-
sensitive categories with
customer data
Web Advertisers using
CM360/DV360
App or web advertisers in
the European Economic
Area (EEA)
App or web advertisers
using Google Analytics
increase in reported
YouTube conversions
+12%
lost ad click to
conversion journeys
recovered due to user
consent choices
>70%
Confidential + Proprietary
Confidential + Proprietary
Confidential + Proprietary
What segments do you use to adjust
conversion value of your transactions?
Confidential + Proprietary
Not all customers are equal in their business value after converting
A California-based bank
who is focused on LTV and
knows local Californians
spend twice as much over
time as those living
outside of California.
Before Value Rules, they
valued each customer
identically
A lead generation business
who knows mobile users
are worth on average $50
more than users
converting on other
devices, but can’t send
those on-the-fly when the
conversion tag fires
A financial services
provider who wants to
optimize towards LTV, and
knows that existing
customers with
brokerage accounts
invest more, so would like
to value those customers
twice as much
A retailer who is focused on
profit and wants to
optimize towards users
who are in-market for
running apparel, because
they know they are of
higher value to their
business
Geo location Google Audiences First-Party Audiences Devices
Transaction economy vs. customer view
Confidential + Proprietary
Until now we used audiences to optimise before transaction happened
Keep in mind:
Smart Bidding already uses signals like geo, device, and first-
party audience lists. If a user in one of those segments
converts better, and this is reflected in your reporting, Smart
Bidding already accounts for that.
Conversion value rules simply allow you to provide additional
value information that isn’t already reflected in your account
(for example, different margins for different devices or users,
or LTV considerations) and optimize in real time to those
values
Confidential + Proprietary
If you use Google Ads Conversion Adjustments, keep using it
Understand your segmented conversion values
Original value (rule applied): total original
value of conversions which then had a value
rule applied
Original value (no rule applied): total
recorded value of conversions that did not
have a value rule applied
Audience, Location, or Device: The net
adjustment when value rules were applied
After selecting the value rules adjustment segmentation, you will see the following
reporting on your campaigns page:
Confidential + Proprietary
Summary
1. Ask for yourselves if you know answers to these questions
2. Feel free to get inspired in finding solutions
3. Inspire others by sharing your solutions

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  • 5. Confidential + Proprietary Basic naming structure: Brand + Product + Attributes (color, size, weight) Apparel Brand + Gender + Product type + Attributes (color, size, style, material) Ann Taylor Women’s Black Slacks Size 6 Consumable or nutritional goods Brand + Product type + Attributes (flavor, quantity, weight, count) TwinLab Super CoQ10, 50 mg, 60 caps CE or Hard goods Brand (manufacturer) + Product type + Attributes (size, weight) + Model# Target, Patio Wicker Chair Set, Brown, 4- Piece Televisions electronics Brand (manufacturer) + Attribute +Product + Model # Brand +Product + Attribute + Model # Vizio 52” TV, Black, #A783x63 Seasonal/Holiday Occasion + Product type + Attributes (color, size, weight) College Grad 2013 Storage Box Gift, Silver If product is…. Use this structure: Example Best practices for product titles per vertical
  • 6. Confidential + Proprietary Ideas for title A/B testing ● Position - experiment with the placement of a specific attribute, for example, Brand name at the front vs at the end of a title ● Keep or Toss - there are many product attributes that might be relevant from the customer’s perspective, but what is their actual impact on your ads? Examples: color, size, material etc. ● Synonyms - find words that really speak to your audience and are well aligned with their culture, eg. While in the US, are you gonna say 'grill' or 'BBQ'? ● Abbreviations - do you have words in your titles that are commonly shortened to abbreviations? It could be your Brand name or any one of the attributes. ● Length - what kind of titles work best for your audience: very short or maybe more descriptive? Title testing methodology & ideas ● Set timing for the test ● KPI a. Search term coverage (# of new queries, what type are new queries brand/generic) b. CTR in the exact match or overall including new queries (second grade metric conv. rate) ● Divide products in category based on last 90 days performance similarities
  • 7. Confidential + Proprietary Confidential + Proprietary Is your search campaign structure still up to date?
  • 8. Confidential + Proprietary Google's Smart Bidding has opened the door for advertisers to safely simplify their accounts without sacrificing performance. In fact, following the best practices actually lead to increased performance! *Source: uLab study - How specialists work with keyword match types? ● 40% specialists creates campaigns in 2 variants (eg. Exact match plus phrase match)* ● About 30% specialists admitted adding all match types to each Ad Group*
  • 9. Confidential + Proprietary Proprietary + Confidential Why doesn’t Smart Bidding need a granular account structure? #1 #2 #3 It bids auction-time & at the query-level It uses a combination of signals to set the best bid It optimizes based on data from all of your campaigns
  • 10. Confidential + Proprietary MHC-Exact-KidsClothes MHC-Exact-CheapKidsClothing MHC-Exact-InfantClothes MHC-Exact-ChildrenClothes MHC-Exact-ComfortableKidsClothes MHC-Exact-OutfitsforKids MHC-Exact-BuyClothesKids MHC-Exact-OnlineClothesUS MHC-Exact-TrendyKidsClothes MHC-Exact-PurchaseChildrenwear MHC-Exact-KidsFashionClothing MHC-Exact-BestClothesForKids Keyword-based ad groups Previously relevant campaign structure approaches ● Match-type-specific ad groups and campaigns. ● Duplicate keywords across every match type. ● Single keyword ad groups. ● “Funneling” to match type using negatives. ● Low-volume search terms as exact keywords.
  • 11. Confidential + Proprietary Search Unboxed How to simplify your structure
  • 12. Confidential + Proprietary Steps for simplifying accounts: Consolidate traffic into fewer and larger ad groups and campaigns Broaden match types under Smart Bidding Leverage RSA and dynamic features for Creatives 1 2 3
  • 13. Confidential + Proprietary Consolidate traffic based on objective... 1 Smart Bidding Match type adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup Device adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup Audienc e adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup adgroup DSA All Match Types, Devices, Audiences, DSAs, etc. Manual Bidding Broad Match Campaign Exact Match Campaign Phrase Match Campaign Mobile Campaign Desktop Campaign Tablet Campaign 10 day (RLSA) Campaign 20 day (RLSA) Campaign 30 day (RLSA) Campaign Dynamic Search Ads Campaign 1 Campaign 2 tCPA 10$ tCPA 18$
  • 14. Confidential + Proprietary Audiences Algorithms automatically factor recency on 1st- party Audience lists - add the longest & largest list possible to maximize reach. Device, Geo, Day, etc. Algorithms factor in device, physical location, time of day, and a host of other signals. Keyword Match Type Smart Bidding is auction- time & query-level: It is not necessary to segment by match type or single keyword ad groups to boost optimization. ...by removing unneeded traffic segmentations... 1
  • 15. Confidential + Proprietary ... moving to larger volume ad groups and campaigns 1 Try to maximize the number of impressions per ad group*. Grouping themed keywords together helps us better understand the intention of your keywords to select the best keyword + ad option to serve. A good way to consolidate traffic is to have each ad group point to a single landing page. This will allow more volume and more variety of queries per ad group, while still staying on-theme. If not ready to consolidate campaigns, Portfolio Bidding is a good place to start, as it allows you to optimize bids across multiple campaigns to reach your performance goals *Some automated features have volume thresholds, like the Performance Asset label for RSA which only shows if there are 5k+ impressions per month in the ad group
  • 16. Confidential + Proprietary Consolidate traffic into fewer and larger ad groups and campaigns Broaden match types under Smart Bidding Leverage RSA and dynamic features for Creatives 1 2 3 Steps for simplifying accounts:
  • 17. Confidential + Proprietary Broaden match types under Smart Bidding... 2 A broad match keyword covers all the same queries as the same keyword in narrower match types, plus more. Broad Exact Phrase Note: not to scale When using Smart Bidding, there is no incremental gain to having keywords repeated in different match types.
  • 18. Confidential + Proprietary …and use fewer keywords with better results. 2 Set of queries reached through a single Broad match keyword Broad keyword Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Exact Many exact keywords would be needed to achieve the same reach as a broad match keyword. ...and it’s likely that business-relevant queries are missed. This strategy is time consuming and inefficient... Smart Bidding allows you to safely cast a wider net with a broader match type, as bids are customized in real- time to make sure you’re reaching business-relevant queries that help you achieve your KPIs.
  • 19. Confidential + Proprietary Broad match improvements are happening as we speak Theming - Advertiser Agent New Trumping Hierarchy Quality Improvements Smarter way for our system to choose the best keyword in an account when multiple keywords are eligible for the same query so that advertisers do not have to do this themselves. Advertiser Agent only works when there is more than one keyword in the account that is eligible to serve for a given query. Phrase and Broad Match keywords that are identical to the search term or the spell- corrected search term are preferred over other keywords in the keyword selection process. Previously, only an exact match keyword received preference in keyword selection. Improve query understanding signals by created a new machine learning system based on historically reported bad matches from advertisers to include in our search language understanding model to exclude poor matches and include matches we may have previously excluded. Details at official blogpost.
  • 20. Confidential + Proprietary Consolidate traffic into fewer and larger ad groups and campaigns Broaden match types under Smart Bidding Leverage RSA and dynamic features for Creatives 1 2 3 Steps for simplifying accounts:
  • 21. Confidential + Proprietary Leverage RSA and dynamic features for creatives 3 IF functions* {=IF(<dimension>=<criterion>,text to insert):default text} *Currently compatible with ETAs Ad customizers- {LOCATION(Level):default text} *Currently compatible with RSA Dynamic Keyword Insertion {KeyWord:default text} *Currently compatible with ETAs & RSAs Maintaining relevance between queries, ads and landing pages is key! Use the power of machine learning to show highly-tailored ads with Responsive Search Ads Leverage dynamic features to deliver customized ads without segmenting traffic
  • 22. Confidential + Proprietary Confidential + Proprietary Where on the ROAS curve are you?
  • 23. Confidential + Proprietary We can also see that client has potential for effective growth of Conversion value Understanding auction potential helps with realistic expectations July results with current settings (0.78 ROAS) July results with new settings (0.5 ROAS) Illustrative example
  • 24. Confidential + Proprietary ROAS Curve of market leader who has nothing to gain by lowering ROAS goal Validate if performance planner is your best planning tool Check your curves and performance planner accuracy! Not so much market leader
  • 25. Confidential + Proprietary The amount of inventory YoY and seasonal search query growth for retail categories targeted by My Happy Clothes. Key factors impacting forecast in Performance planner Validation with Machine Learning Forecast engine does forward & backward measurements to validate the accuracy of forecasts. It measures running campaigns against their actual performance, and uses machine learning to tweak forecasts based on those accuracy results. The demand for that inventory The pricing or cost-per-click changes based on Auction simulation data over the last 7 to 10 days. Signals from Google Ad auctions Seasonality, CTR, competitors, landing page, time of day etc for My Happy Clothes’ campaigns targeted region and industry (retail).
  • 26. Confidential + Proprietary Confidential + Proprietary What % of transactions we don’t see because of tracking restrictions?
  • 27. Confidential + Proprietary User expectations for online privacy are changing, and policies & platforms are evolving in parallel Platform Changes Browser restrictions on use of cookies Mobile OS restrictions on use of device identifiers Regulation Increase in restrictions on use of personal data and additional requirements around user consent User Privacy Rising user expectations on Privacy impacting measurement ecosystem NEW NEW NEW
  • 28. Confidential + Proprietary App Invest in a durable foundation essential for all conversion modeling Google Tag Manager Global Site Tag OR Web Google Analytics 4 Firebase SDK
  • 29. Confidential + Proprietary increase in reported Search conversions +5% Adopt products built on top of the global site tag & Google Tag Manager for enriched first party data # what? where? who? Enhanced Conversions Enhanced Attribution Consent Mode Google Analytics 4 Uses advertiser’s hashed customer data to fill in gaps due to browser changes Improves conversion signals for video and display inventory when third party cookies aren’t available Adjust tag behavior and fill in gaps in conversions due to consent banners Provides most complete picture of behavior and conversions across Web and App CM360/DV360 only Google Ads only Google Ads, Google Analytics, SA360, CM360/DV360 Google Analytics only Web advertisers in non- sensitive categories with customer data Web Advertisers using CM360/DV360 App or web advertisers in the European Economic Area (EEA) App or web advertisers using Google Analytics increase in reported YouTube conversions +12% lost ad click to conversion journeys recovered due to user consent choices >70%
  • 31. Confidential + Proprietary Confidential + Proprietary What segments do you use to adjust conversion value of your transactions?
  • 32. Confidential + Proprietary Not all customers are equal in their business value after converting A California-based bank who is focused on LTV and knows local Californians spend twice as much over time as those living outside of California. Before Value Rules, they valued each customer identically A lead generation business who knows mobile users are worth on average $50 more than users converting on other devices, but can’t send those on-the-fly when the conversion tag fires A financial services provider who wants to optimize towards LTV, and knows that existing customers with brokerage accounts invest more, so would like to value those customers twice as much A retailer who is focused on profit and wants to optimize towards users who are in-market for running apparel, because they know they are of higher value to their business Geo location Google Audiences First-Party Audiences Devices Transaction economy vs. customer view
  • 33. Confidential + Proprietary Until now we used audiences to optimise before transaction happened Keep in mind: Smart Bidding already uses signals like geo, device, and first- party audience lists. If a user in one of those segments converts better, and this is reflected in your reporting, Smart Bidding already accounts for that. Conversion value rules simply allow you to provide additional value information that isn’t already reflected in your account (for example, different margins for different devices or users, or LTV considerations) and optimize in real time to those values
  • 34. Confidential + Proprietary If you use Google Ads Conversion Adjustments, keep using it Understand your segmented conversion values Original value (rule applied): total original value of conversions which then had a value rule applied Original value (no rule applied): total recorded value of conversions that did not have a value rule applied Audience, Location, or Device: The net adjustment when value rules were applied After selecting the value rules adjustment segmentation, you will see the following reporting on your campaigns page:
  • 35. Confidential + Proprietary Summary 1. Ask for yourselves if you know answers to these questions 2. Feel free to get inspired in finding solutions 3. Inspire others by sharing your solutions