In a competitive digital world where so much is required to merely have a chance of success and recognition, automation has become an integral part of any e-commerce digital marketing agency, whether performance marketing agency, e-commerce creative agency or otherwise.
In an attempt to offer users complete and unwavering autonomy, Google has launched its own streamlined system that aims to serve automation technologies to those who chose to use them.
Changing how we currently work advertising, Google Performance Max is largely considered the next generation of sorts; some are still hesitantly optimistic whilst others are completely onboard.
With that said, in what follows, we’ll dive deep into Google’s new system known as Google Performance Max or PMax. More specifically, we’ll define what it is, how it works, and why it plays such a large role in growing DTC brands.
What is Google Performance Max?
With the primary intention of streamlining advertising campaign efforts, Google Performance Max is Google’s newest campaign type that allows users to access the entire ad inventory from a central location.
What was once residing under the Smart Shopping Campaign setting of Google’s many ad houses now lives on under Google Performance Max.
So, why is this important?
Not only will this allow users to have greater access to relevant and converting customers but it will help drive performance based on specific goals and objectives set by the user.
This is largely accomplished through smart bidding technology that deploys itself across multiple channels simultaneously. Primarily, the purpose behind this new feature was to maximise the conversion of businesses and allow them to reach all the active users on Google platforms.
Simply put, Google Performance Max is a new advertising system whereby users can have access to all of Google’s inventory of ad suites; think of it as a way of curating an all-in-one campaign...
So, how does it work, you ask?
Thanks to Google’s machine learning capabilities, all that PMax requires of the user is a set of necessary initial inputs. These inputs include but are not limited to budget, campaign goals, targeting specifics, and creative assets.
Once inputted, the PMax system works to output several campaign types and ad formats so as to maximise and optimise performance, whether that be audience reach, lead generation, conversion, or otherwise.
While this might sound like a letting go of control for those who prefer to micromanage their ad campaigns, Google’s automation technology is set to become the most comprehensive and reliable we’ve seen to date.
Disregarding its initial learning curve, the benefits of implementing and utilising the technologies associated with Google Performance Max are several. This holds especially true for DTC brands...
Below are just a few of the many benefits that you’ll come to expect:
Unlock New & Relevant Audiences
What was once a guessing game has now become a calculated and accurate depiction of capturing relevant and converting audiences. Through real-time data regarding consumer insights and preferences, Google Performance Max allows you to unlock more relevant audiences than ever before.
Gain Transparent Insights
Through more comprehensive and transparent insights derived from Google Performance Max reporting, users can gain a better understanding of what’s working and what’s not so they can quickly adjust and, as a result, experience greater performance metrics than before; Time saved, money gained, and headaches averted!
You can easily find your Google Performance Max campaigns on the insights page of your Google account. From there, you can see the performance of your campaign over time and get an understanding of how automation is working for you so far. Once you have great campaign insights, you can take adequate steps to ensure your campaigns perform to their fullest.
Enjoy Complete Automation
Though traditional advertisers prefer complete control over their ad campaigns, Google Performance Max brings a new way of campaign curation. Through automation and machine learning technologies, advertisers can now save time, money, and headaches, and instead, use their time performing other needle-moving activities.
One and the same with enjoying the automation experience, enjoying the simplicity of ad campaign management will make all the difference when seeking to optimise both ad performance and work performance on the behalf of the advertiser responsible.
Experience Improved Ad Performance
Finally, as a result of its many features, PMax inevitably improves overall ad performance no matter how you define success. Whether through accuracy of targeting, lead generation, or conversion, you can experience it with Google Performance Max.
The top benefit of the Google Performance Max campaign is that it optimises your bids and budgets. Therefore, using Performance Max campaigns gives you real-time results and increases conversion. From personal experience with DTC clients, we can see that - advertisers or marketing agencies optimally employing Performance Max campaigns see around a 13% increase in their overall business conversion.
Being a DTC business, you must be looking for ways to attract more potential clients. However, worry no more, as Google Max campaigns track customers' interests in a highly complex environment. Knowing your customer's journey helps you create and show ads according to their interests, so you can grab their attention and convert them into returning clients.
Offers Quick Results
Another benefit of the Google Performance Max campaign is that it enables you to achieve quick results. It assists you in developing a marketing strategy based on the most recent statistics and customer trends, allowing you to accelerate the rate at which you obtain results.
Google Performance Max campaigns provide a significant growth opportunity for a DTC brand. You can use these to get information about your customers' interests and generate more sales. Moreover, with these campaigns, you don't have to worry about running different campaigns to advertise your product on every Google platform.
If you’re still finding it hard to implement this new feature, our eCommerce digital marketing agency can streamline the whole process, and make it a lot easier for you. You can get in touch with us by scheduling a call below.