Started a PMax Campaign 11/16 for any Products that had a ROAS of 3+ over the last 12 months
Approximately 740 items all different types of products from different Brands
We have 1 Asset group
Started with the Google recommended budget of a paltry $48...killing me!!
Currently at 2.77 ROAS on 5.13 conversions
Set on Max conversion value
We've made ZERO changes since we started on the 16th
What would you do next?
q's:
1)does anybody actually use the Budget Simulator-we've found it to be wildly inaccurate. Should I use it?
2)Are we ready to increase budget and/or set a ROAS target and increase budget?
3) see pics