Advertisers can adjust conversion values in Smart Bidding in the coming weeks

Jason August 19, 2021 0 Comments

“You can adjust conversion values based on characteristics like location, device, and audience. By applying a rule to these characteristics, you can adjust conversion values to align more closely with your business outcomes,” said Stephen Chang, Product Manager, Google Ads in an announcement.

This added feature means that businesses can use their inherent knowledge of what’s working in their industry to improve their conversion rates in Google Ads. For example, if advertisers know certain audiences or people in certain locations are most likely to convert, they can set a rule to multiply the conversion value for the chosen group by two.

“These rules will also be used by Maximize conversion value and Target ROAS to optimize your bids in real time. Conversion value rules will be available for Smart Bidding across Search, Shopping, and Display over the next few weeks,” wrote Chang.

Source: Google

Why we care. “This is a great feature addition. Love it because it allows businesses to get their intuitive/institutional knowledge into the machine learning to optimize more accurately,” tweeted Robert Brady, PPC expert at Righteous Marketing. Having this available in smart bidding also allows advertisers to tweak campaigns for their individual business goals and adjust as campaigns happen in real-time (like for sales, events, or the like).

More Google Ads news:

The post Advertisers can adjust conversion values in Smart Bidding in the coming weeks appeared first on Search Engine Land.

AboutJason Richardson

Jason specializes in digital marketing strategies and founded a digital marketing agency Richardson Digital Media™. Richardson Digital Media™ has quickly become a preferred marketing provider for real estate companies and nationwide mortgage lenders. Jason has won 9 President’s Circle of Excellence Awards for loan production over his career and was most recently honored as one of National Mortgage Professional Magazine’s “40 Under 40: The 40 Most Influential Mortgage Professionals.”