Maximize converions vs Maximize conversion value in Google Ads

Maximize converions vs Maximize conversion value in Google Ads

When deciding between the “Maximize Conversions” and “Maximize Conversion Value” strategies in Google Ads, it’s essential to understand the goals and structure of your campaign. Each strategy is tailored to achieve specific objectives and works best under different circumstances.

Key points

Maximize Conversions:

  • Focuses on achieving the highest number of conversions within a budget.
  • Ignores the value of each conversion.
  • Ideal for campaigns with similar conversion values, such as lead generation.

Maximize Conversion Value:

  • Focuses on achieving the highest total value of conversions within a budget.
  • Considers the varying values of different conversions.
  • Suitable for ecommerce campaigns with products of varying values.

Maximize Conversions is ideal when your primary goal is to increase the total number of conversions, such as form submissions, sign-ups, or any other action that you consider a conversion. This strategy works particularly well when the value of each conversion is relatively similar. For example, if you are running a lead generation campaign where each lead holds approximately the same value for your business, focusing on the total number of leads makes sense.

By choosing Maximize Conversions, Google Ads will use its machine learning algorithms to adjust your bids in real-time, aiming to get as many conversions as possible within your set budget. This strategy is effective if you’re more concerned about volume rather than the varying revenue from each conversion.

On the other hand, Maximize Conversion Value is designed for campaigns where the value of each conversion can vary significantly. This strategy is particularly useful for ecommerce businesses that sell products or services with different price points. When using Maximize Conversion Value, you need to have conversion tracking set up to accurately capture the value of each conversion.

Google’s (Google Ads) algorithms will then aim to optimize your bids to achieve the highest total conversion value within your budget. This means the focus shifts from simply increasing the number of conversions to maximizing the overall revenue generated by those conversions. If some products or services you sell are more valuable than others, this strategy helps ensure that your ad spend is directed towards the clicks that are likely to bring in the highest revenue.

To summarize, Maximize Conversions is best suited for lead generation campaigns where each conversion has a similar value, and the goal is to get as many conversions as possible within your budget. In contrast, Maximize Conversion Value is better for ecommerce campaigns with varying product values, where the objective is to maximize the total revenue from conversions. Understanding these differences helps you choose the most appropriate strategy for your campaign’s specific goals and ensures that your advertising budget is used effectively.

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