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Performance Max for ecommerce: setup and best practices

How to structure Performance Max campaigns for online stores — feed, asset groups, audience signals, exclusions and bidding by margin.

By VISIBI Marketing team·Reviewed by Adnan Khan, Co-founder & CEO·Updated 29 September 2026·9 min read
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How to structure Performance Max campaigns for online stores — feed, asset groups, audience signals, exclusions and bidding by margin.

KEY TAKEAWAYS
✓Your product feed is the engine of Performance Max.
✓Segment campaigns by margin or performance using custom labels.
✓Use brand exclusions and negative keywords to stop PMax cannibalising cheap brand traffic.
STEP BY STEP
PMax setup in 5 steps
1Fix feed titles, images & GTINs
2Add custom labels for margin
3Build themed asset groups
4Add audience signals & exclusions
5Bid on value, review weekly

How PMax works

Performance Max uses one campaign to serve ads across Search, Shopping, YouTube, Display, Discover, Gmail and Maps. Google’s AI decides where to spend based on your goals, feed, assets and signals.

RELATED GUIDE9 signs you’re wasting Google Ads budget (and how to fix them) →

Structure that works

  • Split campaigns by margin band or best-sellers vs long tail
  • Group assets by product theme, not one giant asset group
  • Add audience signals: customer lists, site visitors, custom segments
  • Set brand exclusions so PMax doesn’t take branded search credit
  • Use value-based bidding with accurate conversion values
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Feed optimisation matters most

Improve titles, images, GTINs and custom labels. PMax can only perform as well as the data you give it.

Reporting

Use the Insights tab, search term insights and channel performance reports, and compare against a holdout where possible.

Common mistakes to avoid

✕Optimising for clicks or rankings instead of revenue
✕Running campaigns on broken or incomplete tracking
✕Changing too many things at once, so nothing can be measured
✕Ignoring mobile speed on landing pages
HOW VISIBI CAN HELP

How we help with marketing

01AuditWe find wasted spend, missed demand and broken tracking first.
02PrioritiseA roadmap ranked by revenue impact — quick wins first.
03ExecuteMarketers and developers working together, so fixes ship in days.
04Report on revenueMonthly reporting tied to orders and profit, not vanity metrics.
Get a free Google Ads audit →Free · No obligation · Reply within 24 hours

Frequently asked questions

Should I still run Standard Shopping?

Sometimes — for tighter control on specific products or testing.

How long is the learning period?

Typically 2–6 weeks. Avoid big changes during learning.

Does PMax work for small budgets?

It can, but fewer, well-structured campaigns perform better on small budgets.

AK
Reviewed by Adnan Khan · Co-founder & CEO25 years growing digital businesses across search, AI visibility and ecommerce. Written by the VISIBI Marketing team.Meet the team →
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