Is it a best practise to replace the low rated performance max assets to test new ones with the goal of having all assets either good or best?

Yes, replacing low-rated assets with new ones to test and ultimately have all assets rated "good" or "best" is generally considered a best practice for Google Ads Performance Max campaigns. Here's why:

Benefits of replacing low-rated assets:

  • Improved campaign performance: Low-rated assets can negatively impact your campaign's performance by lowering click-through rates, conversion rates, and overall ROI. Replacing them with new, potentially higher-performing assets can help improve these metrics and drive better results.
  • Increased learning for Google's algorithms: By providing Google with a wider variety of assets to test, you help their algorithms learn which assets resonate best with your target audience. This ultimately leads to better targeting and optimization for your campaigns.
  • Uncovering hidden gems: You never know which new asset might become a top performer. By replacing low-rated assets, you give new ideas a chance and potentially discover assets that drive even greater results than your existing ones.

Guidelines for replacing low-rated assets:

  • Start with the worst performers: Focus on replacing assets with the lowest performance ratings first. This will have the biggest impact on your campaign's performance.
  • Test new assets carefully: Don't replace all of your low-rated assets at once. This can disrupt your campaign's performance and make it difficult to track the impact of individual assets. Instead, introduce new assets gradually and monitor their performance closely.
  • Track and analyze results: Regularly monitor the performance of your new assets and compare them to the ones they replaced. This will help you determine which assets are working well and which ones need further optimization or replacement.
  • Use a mix of asset types: Don't rely solely on one type of asset, like images or text. Use a variety of asset types, such as headlines, descriptions, images, and videos, to give Google's algorithms more data to work with.
  • Consider using Google's asset recommendations: Google provides recommendations for improving your assets within the Performance Max campaign interface. Consider implementing these recommendations to optimize your asset performance.

Overall, replacing low-rated assets with new ones is a valuable strategy for improving the performance of your Google Ads Performance Max campaigns. By testing new ideas and constantly optimizing your assets, you can ensure that all your assets are contributing positively to your campaign's success.

Here are some additional resources that you may find helpful:

Brent V

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