Ads Study

Adalysis just published one of the largest Google Ads match type studies to date: 16,825 campaigns analyzed across different bid strategies.

Key takeaways:

• Exact match remains the most efficient, highest CTR and conversion rates, lowest CPA.

• Phrase match is increasingly unreliable, often with higher CPA and overlap issues, as Google’s expansion makes targeting less predictable.

• Broad match can work under smart bidding (Target ROAS, Max Conversion Value), especially for scale and higher-value conversions, but it needs enough data and careful monitoring.

• Manual CPC & Max Clicks, exact match dominates, but broad match can help with early volume.

Practical strategy:

– Start with exact match for efficiency.

– Layer in phrase match for more reach (carefully monitored).

– Use broad match only when you have enough data and automated bidding in place.

The trend is clear: Google wants advertisers to lean on broad match + automation, but exact match is still your best friend for control and efficiency.

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