Love a good A/B test, but this campaign is basically a ghost town. Running financial services (financial planning), £40/day budget (roughly $50), targeting a metro area of 800k within an 80-mile radius. Top-of-page bids for most keywords sit between £2 and £15 - so yeah, it's a competitive vertical, and the national firms dominate high-volume terms like 'financial advisor near me'.
Test A: started with max clicks to gather data. After a week: 20 impressions, zero clicks. Then the Google Ads strategist called and pushed me toward max conversions. I resisted because there's zero conversion data, but after another week of nothing, I switched two days ago. Now I'm at 3 impressions, zero clicks. Low impression share too. Is Google even learning anything? Or is this a dead end?
The elephant in the room: compliance forces me to include 'fee-based' in headlines. That word kills CTR - but it also filters out freeloaders looking for free financial plans, so there's a trade-off. Test B would be trying a headline without it, but my compliance team would have a stroke. Meanwhile, competitors run TV ads making wild claims without consequence. Love the double standard.
I'm using exact and phrase match only, hoping to avoid wasted spend. But with zero spend happening anyway, I'm tempted to add broad match keywords (carefully, with aggressive negatives). Also considering expanding geography to a nearby medium-sized city where I could work virtually. Or launching a separate campaign for a growing, niche service where I'm one of three advisors.
The replies in the original thread nailed it: max conversions with no conversion history + a tiny budget is a recipe for nothing. That strategist has a quota, not your best interests. Also, adding keywords or expanding geography will reset the learning phase - but with 3 impressions, there's nothing to protect. The real issues are likely low search volume from niche terms, rigid match types, and a headline that tanks relevance scores.
One thing I'd check: your landing page and conversion action. With zero clicks you can't tell, but once traffic comes, that page needs to convert. I'd love to see a click heatmap of that page now - probably just empty space.
TL,DR: Don't be afraid to break the learning phase when there's nothing to learn from. Test adding broad match with a tight negative list. Maybe test a headline variant with 'fee-based' moved to description if compliance allows. And reconsider that max conversions strategy - it's not optimising anything with zero data.
What's your current keyword list look like? And where are you sending clicks right now?