Google’s most automated campaign type, Performance Max, is getting a new optimization feature aimed at driving new business. The addition comes in the form of a new customer acquisition goal that will allow advertisers to optimize to those who are not previous customers. Additional changes have also been announced to help advertisers identify high-level insights and make the transition to Performance Max easier.
Announced back in 2020, Google’s Performance Max campaigns (nicknamed PMax) have seen intense scrutiny over the lack of control that advertisers have. These campaigns do not contain traditional keywords, audiences, placements or other guardrails for targeting. Instead advertisers input asset groups, location/time of day targeting and audience signals to attempt to drive a qualified click. This new customer acquisition goal is another lever that advertisers can pull to try and drive quality traffic with these campaigns where options and data are at a premium. More here.