Google brings Maximize Conversion Value bidding to Standard Shopping
Google has expanded its Maximize Conversion Value bidding strategy to include Standard Shopping campaigns. Previously, this option was only available in conjunction with a Target Return on Ad Spend (ROAS) goal. Now, advertisers can utilize Maximize Conversion Value independently, allowing the system to optimize for the highest possible total conversion value within a given budget without requiring a specific ROAS target.
This update provides greater flexibility for marketers managing Google Shopping campaigns. It allows for a more direct focus on maximizing revenue or other defined conversion values, potentially simplifying campaign management for those who don't have a strict ROAS target or are looking to prioritize overall value over a specific return percentage. This could lead to more efficient ad spend and improved performance for e-commerce businesses.
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