Smart bidding strategies set bids automatically to help advertisers improve the performance of their Google Ads campaigns.
Smart bidding is already designed to take seasonality into account, but sometimes there are occasions outside regular seasonality patterns when an advertiser may want to spend more on ads.
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For example, the launch of a new product is an occasion where conversion rates could spike. This would be an ideal time to manually apply a seasonality adjustment to maximize the ad campaign’s performance.
“Let’s say you’re planning a flash sale for the weekend. Historically, you’ve seen a50% increase in conversion rates when you’ve run a similar sale. with adjustments, you can apply a predicted conversion rate adjustment. And Smart Bidding will consider that adjustment for the date range selected while trying to hit your target CPA.”
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Advertisers can create seasonality adjustments by following the steps below:
- Sign in to your Google Ads account.
- In the top-right corner, click the Tools icon.
- From the drop-down menu, select Bid Strategies under “Shared Library.”
- Under “Bid Strategies,” click Advanced Controls.
- Select the Seasonality Adjustments option at the top.
- To create a new seasonality adjustment, click the blue plus symbol.
- Give your adjustment a name and description, fill in the event’s start and end dates, and choose your scope and devices.
- Adjust your conversion rate to reflect your estimated conversion rate change.
- Click save.
Google recommends using seasonality adjustments only if significant changes to conversion rates are expected because Smart Bidding already manages seasonal events such as holidays.
According to Google, seasonal adjustments are ideal for short events of 1-7 days. They may work better if you use them for extended periods (more than 14 days).
Seasonality adjustments are currently available only for Search and Display campaigns. Support for Shopping campaigns is expected later this year.