Key takeaways
- Data decides the strategy: Smart Bidding needs conversion tracking, and Google recommends judging it over at least 30 conversions, or 50 for Target ROAS.
- Start simple: a new lead generation campaign usually starts on Maximize conversions, then moves to Target CPA once conversions arrive steadily.
- Value bidding needs volume: Target ROAS on Search needs at least 15 conversions in the past 30 days, plus real sale values.
- Cheap clicks, faster learning: at typical SaaS bids and a 5% conversion rate, 30 conversions a month costs about $940 in Thailand and about $21,460 in the US.
Most guides to Google Ads bidding strategies rank them as if one were simply the best. In practice, the right strategy depends less on the strategy itself than on how much conversion data your account has. That's also where advertisers in Southeast Asia have an advantage they rarely use.
The questions you're probably asking are practical. Should a new campaign start on Maximize conversions or Target CPA, and when are you ready for Target ROAS? Pick a strategy your data can't support, and you end up paying for Google's guesswork.
This guide covers the bidding strategies Google offers for Search campaigns and which one fits each stage of an account. It also shows how much conversion data each one needs, and what that data costs by market. It draws on Google's own help pages, recent analysis from PPC specialists Andrew Lolk and Mike Ryan, and Keyword Planner data I pulled for five markets in October 2026.
Which Google Ads bidding strategy should you use? The short answer
Use Maximize conversions for a new lead generation campaign once conversion tracking is working, then add a Target CPA when it brings in conversions steadily. Online shops that track sale values should work towards Target ROAS. Keep Target impression share for your own brand name, and avoid Maximize clicks if what you want is enquiries.
| Strategy | What it aims for | Use it when |
|---|---|---|
| Maximize conversions | The most conversions for your budget | A new lead generation campaign with tracking in place |
| Target CPA | Conversions at a set cost each | Leads come in steadily and you know your cost per lead |
| Maximize conversion value | The most sale value for your budget | A shop tracks order values and works to a fixed budget |
| Target ROAS | Sale value at a set return on ad spend | A shop has at least 15 conversions in 30 days |
| Target impression share | Being seen at the top of the page | Brand campaigns only |
| Maximize clicks | The most clicks for your budget | Rarely, when traffic itself is the goal |
| Manual CPC | Bids you set yourself | You have no conversion data yet |
Google Ads bidding strategies explained
Google groups its strategies by what you want: conversions, conversion value, clicks or visibility. Its page on choosing a bid strategy for your goals lists them all. Four of them are Smart Bidding, and those are the ones most accounts should end up on.
Smart Bidding strategies
Smart Bidding sets a separate bid for every auction. According to Google's Smart Bidding overview, it uses signals such as the device, location, time of day and the actual search, which you can't adjust for one by one. It needs conversion tracking switched on, because conversions are what it learns from.
- Maximize conversions: gets as many conversions as it can and spends your full budget. You don't set a cost target.
- Target CPA: aims to keep your average cost per acquisition (CPA) at the figure you set. Some conversions cost more and some less.
- Maximize conversion value: chases the highest total value, such as order revenue, and also spends your full budget.
- Target ROAS: aims for a set return on ad spend (ROAS), for example ฿5 of sales for every ฿1 spent.
Click, visibility and manual strategies
Maximize clicks gets the most clicks it can for your budget. Target impression share bids to appear at the top of the page a set share of the time. Manual CPC lets you set the maximum cost per click (CPC) for each keyword yourself.
This is where the experts and Google part ways. Google says Maximize clicks can suit new campaigns that lack the conversion data for Target CPA or Target ROAS. Andrew Lolk, in his October 2026 ranking of bidding strategies, puts it at the bottom: he argues it buys the cheapest, least interested clicks, which rarely convert. If your goal is enquiries, I'd start on Maximize conversions or manual bids instead.
Which bidding strategy to use at each stage
Move to a target-based strategy only when your data can support it. Each step below needs more conversion history than the one before.
- No conversion tracking yet: fix tracking before anything else. Smart Bidding can't run without it. Until then, Manual CPC with careful bids is the stopgap, and Lolk also accepts it as a start for accounts with no conversion data.
- Tracking works, conversions are few: use Maximize conversions with a budget you're happy to spend in full. Google lets you turn on Smart Bidding without any history.
- Conversions arrive steadily: add a Target CPA. On its Target CPA page, Google recommends starting from your average CPA over the last 30 days, adjusted for conversion delays. Setting it lower than that can mean missing conversions you'd have got.
- You track sale values and have the volume: move to Target ROAS or Maximize conversion value. Lolk ranks Target ROAS first for online shops, and Google's Target ROAS page says Search campaigns need at least 15 conversions in the past 30 days. If you run an online store, the e-commerce page covers where Google Ads fits alongside SEO.
Think of it as levelling up: skip a stage and the campaign has a target it can't hit, so it either spends very little or misses the target.
How much conversion data Smart Bidding needs
You can switch Smart Bidding on with no history, but Google recommends judging it over at least 30 conversions, or 50 for Target ROAS. Target ROAS on Search also needs at least 15 conversions in the past 30 days before you can use it.
How much that costs depends heavily on where you advertise. At a 5% conversion rate, 30 conversions a month means 600 clicks. Here's what 600 clicks cost at the typical bid in each industry, using the same Keyword Planner data as my guide to Google Ads costs:
| Industry | Thailand | Singapore | US |
|---|---|---|---|
| E-commerce | $200 | $1,060 | $1,130 |
| Fintech | $330 | $13,850 | $28,250 |
| Hotels | $330 | $1,350 | $1,810 |
| Education | $410 | $3,400 | $5,890 |
| Clinics | $520 | $3,080 | $8,420 |
| SaaS | $940 | $6,740 | $21,460 |
Reaching 30 SaaS conversions a month costs about $940 in Thailand and $21,460 in the US.
Monthly spend for 600 clicks at the typical SaaS bid, assuming a 5% conversion rate. USD. Keyword Planner top-of-page bid estimates, October 2026. Bars start at zero.
Source: Google Keyword Planner historical metrics (October 2025 to September 2026), pulled 18 October 2026 by Wincon Marketing; typical bid is the volume-weighted median of each keyword's top-of-page bid range. These are bid estimates, not actual average CPCs.
So what does that mean for you? A Thai software company can give Smart Bidding a month of useful data for under $1,000. The same campaign in the US needs over 20 times as much. A small account in a high-cost market can sit on Maximize conversions for months. A focused Thai campaign could have enough data for a Target CPA within its first month. The SaaS page explains how I'd sequence Google Ads with SEO for software brands.
Your numbers will differ. Real CPCs are usually below these bid estimates, and your conversion rate could be well above or below 5%. For comparison, WordStream's 2026 US benchmark puts the median search conversion rate at 8.18%. Run your own figures through the Google Ads cost calculator.
Target CPA vs Maximize conversions
Maximize conversions spends your full budget to get as many conversions as it can. Target CPA tries to hold your cost per conversion at the figure you set, so with a tight target it may spend less than your budget. The same split applies to Maximize conversion value and Target ROAS for shops.
A change on 17 August 2026 matters here. Google updated its bidding so that budget-limited Target CPA and Target ROAS campaigns perform closer to their targets. As Search Engine Roundtable reported, Google's example was a campaign with a $10 Target CPA averaging $5, which would move towards $10. Mike Ryan at Smarter Ecommerce looked at budget-limited Target ROAS campaigns after the change and found median CPCs rose 15.8%.
If your campaign is limited by budget and was beating its target, Ryan's options come down to these:
- Leave it: if beating the target was a bonus rather than the plan, the campaign is now doing what you asked.
- Move the target closer to your real results: a CPA target near what you actually pay keeps costs steadier.
- Raise the budget: if the campaign is profitable, being limited by budget is the problem to fix.
- Switch to Maximize conversions: it has no target, so there's nothing for it to drift towards.
Common Google Ads bidding strategy mistakes
Most bidding problems come from asking a strategy for something the data can't support. These are the ones to check for first:
- Setting targets from wishes: Google warns that a CPA target that's too low can cost you conversions, and a ROAS target that's too high can limit your traffic. Start from what you achieve now.
- Changing the strategy every few days: Google says a strategy's learning period lasts up to seven days after it's created, or after you change its campaigns or conversion goals. Judge over two conversion cycles or two weeks, not overnight.
- Running Target impression share without a cap: Lolk keeps it for brand campaigns only, at roughly 88% to 93% with a maximum bid limit, because without one CPCs can climb steeply.
- Using a US playbook in a Southeast Asian market: advice built for $20 clicks assumes you'll wait months for data. In Thailand you may not need to.
If you'd rather have someone else watch the bids, see how Wincon's Google Ads management works.
FAQs
What is the best bidding strategy for Google Ads?
There isn't one best strategy for every account. For lead generation, Maximize conversions is a good start, and Target CPA works well once conversions arrive steadily. For online shops that track order values, Target ROAS is usually the goal, once Search campaigns have at least 15 conversions in 30 days. Target impression share suits brand campaigns, and Maximize clicks rarely suits anyone who wants sales.
What is the best bidding strategy for a new Google Ads campaign?
If conversion tracking is working, start with Maximize conversions and a budget you're happy to spend in full. Google lets you use Smart Bidding without conversion history. Once the campaign brings in conversions steadily, add a Target CPA based on your average cost per conversion over the last 30 days. If you can't track conversions yet, fix that first and use Manual CPC in the meantime.
How many conversions do you need for Smart Bidding?
You can turn Smart Bidding on with none, but Google recommends judging performance over at least 30 conversions, or 50 for Target ROAS. Target ROAS on Search and Shopping needs at least 15 conversions in the past 30 days. At a 5% conversion rate, 30 conversions means 600 clicks, which costs about $940 at the typical SaaS bid in Thailand and about $21,460 in the US.
Is Manual CPC still worth using?
Only in a few cases. Manual CPC lets you set your own bids per keyword, which is useful when you have no conversion data yet or need tight control over costs. It can't adjust for each search the way Smart Bidding does, so most accounts should move on once conversion tracking is in place. Enhanced CPC, which used to sit on top of manual bids, was removed from Search and Display campaigns in 2025.
What's the difference between Target CPA and Maximize conversions?
Maximize conversions spends your full budget to get as many conversions as possible, with no cost target. Target CPA aims to keep your average cost per conversion at the figure you set, so it may spend less than your budget if the target is tight. Since Google's August 2026 bidding update, budget-limited Target CPA campaigns stay closer to their target rather than beating it.