Performance Max (pMax) campaigns, are basically all forms of google advertising – lumped into one campaign.
Pmax does work really well, if you optimise it properly.
It is not keyword focused – it is audience focused.
You give it a CPA or ROAS target or goal, and basically let it run itself.
The downside of pMax, is that it does not give you much data. So it is difficult to really optimise campaigns to get the best out of them.
Pros
It works!
It’s going to hit other channels, that most advertisers previously ignored.
Cons
No real insights
Limited control
Cannibalisation – it will take credit from your other campaigns – or show instead of them
Wasted spend – that you can’t identify
Can have wild swings in performance – make sure you have all tracking set up. It can still be hard to identify what goes wrong.
Takes a while to learn what …