But what does it all MEAN?!
The point being, Google’s list of updates seems to be getting longer each year and harder to identify what actually matters. That’s why we’ve created the no-nonsense recap to simplify things and help you figure out what adjustments or preparations you need to make.
The top Google Marketing Live 2022 updates
As I just mentioned, there were lots of small features, developments, betas, and tools tossed about in this year’s event, but they can be grouped into five core categories:
Table of contents
Performance Max (of course it gets its own category)
Insights Page
Reporting
Google Shopping
Miscellaneous ad updates
And for those of you big picture folks, you can see a full list of the updates (according to Google) at the bottom.
1. Performance Max updates
Performance Max campaigns, released last year, are Google’s latest pride and joy. We’ll let you decide if Performance Max is right for you, but as a reminder, this campaign type allows you to advertise across all of Google’s properties with a single campaign.
Burst Campaigns & in-store goals: These are currently available in beta in Local campaigns but will soon be available in Performance Max. In-store goals allow you to optimize for store traffic, in-store sales, and other local actions. Burst Campaigns will work in tandem with your in-store goals to help you run short-term campaigns during seasonal spikes that drive results faster.
Experiment tools: Experiment tools are currently in beta for Performance Max campaigns that don’t have a product feed, and will be fully launched over the remainder of the year. This feature allows you to measure incremental improvements in performance when you add Performance Max campaigns as a complement to existing campaign types.
Explanations: Rather than having to cross reference data across your different reporting tools, this feature will help to identify reasons for performance changes right within the Google Ads interface. The idea, Google explained, is to add more transparency to how automation is working in your campaigns.
Google Ads recommendations and optimization score will soon be available for Performance Max campaigns. Google will suggest optimizations you can make for your targeting, budgets, and asset groups based on your campaign settings and goals as well as external factors like search volume and trends.
2. Insights page updates
The Google Ads Insights page is also not a new feature, but Google will soon be adding more data to the page to help you make optimizations based on your campaign performance and broader search trends. There are three new types of insights:
Attribution: Multi-touch attribution information, which helps you understand conversion paths users take across Google channels, is currently available in Google Analytics but will now have a section in the Insights page.
Budget: This feature will suggest budget optimizations based on how your campaign budget is pacing against performance.
First-party audience: These insights will use your first-party data to help you to see which segments are performing best and also provide signals for Google’s machine learning to optimize campaign performance.
The Insights page will also be available for Manager accounts.
3. Google Shopping updates
There were a lot of i words thrown around this year when it came to the Google Shopping experience—lots of repetition of “inspiration,” “ideas,” “immersive,” and “intuitive.” I’ll let you do with that what you may, but here are the core Shopping updates that matter to ecommerce businesses.
Checkout on Merchant: Shoppers will soon be able to checkout directly from a listing, which will bring them to the checkout page on the advertiser’s site. This is starting with Shopify and Walmart and will expand to other partners and retailers in the future.
Immersive shopping experience: For apparel, there will be a “powerful, swipeable, visual feed” rolling out just in time for the holiday season. Organic results and Shopping ads using rich images and descriptions will be blended in the SERP and users can also swipe up on an ad to see more product detail.
3D AR: We will also soon be able to view 3D models of products right in Search results.
Product feeds on YouTube Shorts and Search: Google talked about the browsing experience and shopping experience becoming more blended—for example, “an entertainment moment can turn into a shopping moment” in an instant, “when you least expect it but really appreciate it” (might this have to do with SERPs for queries with no commercial intent having more ads now than ever? See our Search Advertising Benchmarks Report 🤔 but I digress). As a result, product feeds will soon be available on YouTube Shorts and Search as a way to “turn your video action campaigns into actual digital storefronts.”
Product improvement recommendations: This tab within Google Ads will allow retailers to not just optimize their campaigns, but their individual products. It will detect and diagnose issues with your products like missing information, insufficient bidding, and more.
4. Reporting updates
Conversion modeling updates: Improvements in conversion modeling include supporting more browsers, enhanced conversions integrations with HubSpot, Tealium, and other platforms, on-device conversion measurement, and a lead funnel report to see how your qualified and converted leads are performing.
Simplified tagging: One Google tag will replace the Global Site Tag for all Google Ads and Google Analytics accounts. Manage tags centrally without additional code.
GA4 new Home experience: Google Analytics 4, which is set to replace Universal Analytics next year, will soon have a new Home dashboard that automatically uncovers insights and predictions based on where your audience members are in their journey.
5. More Google Ads updates
Asset library: The asset library in Google Ads is going to become a “one-stop shop” for advertisers to import, collaborate on, and share all their assets for all campaigns in one place, with integration with Google Drive. You’ll be able to create a video and publish it to YouTube directly in the asset library in less than 60 seconds, “faster than I can pop a bag of popcorn” (let’s fold popcorn into Performance Max Burst Campaigns for faster popping, whaddaya say Google?). According to Google, you’ll be able to make an ad with only five image, logo, and text assets.
Messages in ads: Google Business Messages will allow consumers to message with businesses directly in Search ads.
YouTube Shorts ads: According to Google, YouTube Shorts is now averaging over 30 billion daily views, four times as many as a year ago. Also, “75% of people agree YouTube enhances the traditional shopping journey by delivering unexpected inspiration.” As such, ads on YouTube Shorts are now available.
The full rundown of Google Marketing Live 2022
We’ll leave off with a list of all the announcements Google listed out at Google Marketing Live, categorized by available now and coming soon.
Available now
Immersive shopping ads
Asset library
New Home experience in GA
Conversion modeling updates
DDA as default (although we thought this was already a thing?)
On-device conversion measurement
Visual product feed
AR in Search
Performance Max (yes, we know, thanks Google)
Coming soon
Ads on YouTube Shorts
Video on Discover (not to be confused with Discovery campaigns. This refers to the Google Discover app)
Google audiences for CTV
Performance Max
Experiment tools (not to be confused with Experiments, a feature available for other campaign types in Google Ads).
Insights and explanations
Search lift tests
Conversion lift tests
Automatically-created assets
Message a business in ads
Insights page
Attribution insights
Budget insights
Audience insights with first-party data
Available for manager accounts
Optimization score for every campaign type
My Ad Center
Privacy-safe advertising
MMM improvements
Google tag
More support for enhanced conversions
Lead funnel report
Visual ad experiences in Search
Product feeds in YouTube Shorts & Search
Store sales in Performance Max
Checkout on Merchant
Product improvements in Google ADs
Loyalty benefits on Google
The post Google Marketing Live 2022: The Only Recap You Need appeared first on WordStream.
source https://www.wordstream.com/blog/ws/2022/05/24/google-marketing-live
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