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Performance Max asset groups - how to structure them properly

Adil Jain| Performance Max| 2026-03-21

Most Performance Max campaigns I review have one asset group with a mix of everything thrown in. That is the least effective way to run PMax. Proper asset group structure makes a material difference to performance.

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An asset group in Performance Max is the combination of your creative assets - headlines, descriptions, images, videos, logos - paired with your audience signals. Google uses the asset group to understand what product or service you are promoting and who you are trying to reach. Getting the structure right matters more than most people realise.

One asset group per theme

The most common mistake is bundling everything into one asset group. If you sell three different services with different audiences and different value propositions, you need three asset groups - one per service. This lets you write specific copy for each, use relevant images, and apply audience signals that match the actual customer for that service. A generic asset group with 15 headlines covering everything produces generic, unfocused ads.

Audience signals - what they actually do

Audience signals tell Google where to start looking for your audience. They are not targeting restrictions - Google will show ads beyond your signals if it thinks it will find conversions. But good signals accelerate the learning phase and help Google find the right people faster. Use your Customer Match lists, high-converting remarketing audiences, and in-market segments that closely match your buyer profile. The better your signals, the shorter your learning period.

Asset quality matters

Low-quality assets limit Performance Max's ability to serve effectively. Blurry images, generic stock photography, and headlines that just say your company name are a waste of the format. PMax serves across Search, Shopping, Display, YouTube, Gmail, and Discover. Each placement has different visual and copy requirements. Use high-quality images in multiple aspect ratios, write headlines that communicate a specific benefit, and if you can create even a basic video asset, do it - PMax campaigns with video assets access YouTube inventory that campaigns without video cannot reach.

How to review asset performance

Google shows asset-level performance ratings in Performance Max reports. Assets rated low should be replaced. But do not just replace them randomly - look at what the best-performing assets have in common. If your top-rated headlines all mention a specific outcome or number, write your replacements in the same vein. The asset report gives you signal about what your audience responds to. Use it.

Final URL expansion

Final URL expansion lets Google send traffic to different pages on your site rather than just your designated URL. This can be useful if you have a well-structured site where Google can match pages to queries. But if your site has pages you do not want to advertise - understock items, deprecated services, blog posts - you should use URL exclusion rules to limit where PMax can send traffic. Review this setting before your campaign goes live.

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