Let’s say you’d like to change your bid strategies and conversion goal at the campaign level. You’re on Maximise conversions bidding with a target CPA, and you want to move to Maximise conversion value with a target ROAS. Additionally, you want to change to a new conversion goal or modify the composition of the existing conversion goal (add or remove actions as primary or change a custom goal). This article describes how to change Smart Bidding strategies along with your conversion goal.
Keep in mind: It’s recommended that you make an account-level switch, which is a simpler workflow, but if you want to transition your campaigns gradually, you can follow the campaign-level workflow detailed in this article.
Recommended steps
Identify the new or existing conversion goal that you want to optimise towards. If you are adding new conversion actions to an existing goal, start by creating them. Do not mark them as primary or account default yet. Ensure that the conversion goal is correctly set, and that everything is configured and reporting values show correctly before moving to step #2.
Based on your selection in #1 above, change to primary in select campaigns and enable campaign-level settings.
- Change to the new conversion goal (set at campaign level), or
- Change composition of conversion goal (add or remove conversion actions as primary in select campaigns)
- Change the goal of an action used for custom goals.
- Note that when you change the goal of an action used in custom goals, all campaigns using that action are affected.
- Ensure that campaign budgets are set to the amount that you intend to spend.
Continue using Maximise conversions with a target CPA for approximately three conversion cycles (or four weeks) while Smart Bidding trains on the reported conversion values.
- a. Mitigate performance fluctuations by adjusting CPA targets.
- b. Gradual target changes are recommended. However, if there is a significant difference in conversion rate and volume consider larger target changes.
Switch to Maximise conversions with a target ROAS, using the previous four week historical ROAS (excluding conversion delay) to determine your target.
Move campaigns in batches. Start with medium-sized campaigns with reasonable spend and conversion volume and scale up over time.
After moving over all campaigns, change the conversion action to the account default and slowly move from campaign-level bidding to account-level bidding.
Smart Bidding will adjust to the new target over the next 2–3 conversion cycles. Adjust ROAS targets and/or budgets to manage performance.
