Google Ads Performance Max Marketplace Ukraine 12 Months

6.5× Revenue Growth
on 1.9× the Ad Spend

This marketplace was already profitable — ₴784K of revenue on ₴71K of spend — and capped by generic ad groups, weak segmentation and an awkward mobile checkout. Twelve months later it was turning over ₴5.06M a month. Both account screenshots are published further down this page.

×6.5
Revenue Growth
×3.4
ROAS
×1.9
Ad Spend
12 Months
Timeline

Profitable Already — and Stuck.

In November 2023 the account produced ₴784K of revenue on roughly ₴71K of spend: 2.29K conversions at ₴31.04 each, at an actual ROAS of 1,104.54%. On paper it was working well.

The ceiling was structural. Generic ad groups meant bidding could not distinguish a high-value brand part from a low-value consumable. A cluttered mobile journey lost buyers between the product page and the order. Neither problem shows up in a monthly ROAS figure that already looks healthy — which is exactly why accounts like this sit still for years.

Before — November 2023
2.29K
Conversions
₴31.04
Cost / Conversion
₴784K
Revenue
×11.0
Actual ROAS
After — November 2024
3.59K
Conversions
₴37.45
Cost / Conversion
₴5.06M
Revenue
×37.6
Actual ROAS

Account profitable but stuck at the same ceiling?

A free audit finds the structural limit, not the bidding one.

Five Changes. Segmentation First.

A profitable account is a harder brief than a broken one — there is a working system to avoid damaging. The sequence mattered: segmentation before automation, and measurement before either.

1

Campaigns Segmented by Brand and Category

The account was broken out by brand and by product category so that bidding could treat a high-value component differently from a consumable. Generic ad groups cannot express that difference, and no bid strategy can compensate for it.

Brand segmentationCategory structureBidding granularity
2

Performance Max Launched on Top Sellers

Performance Max was introduced on the best-selling lines first, where the conversion data was densest and the algorithm had the most to learn from — rather than across the whole catalogue at once.

PMax on top sellersData-dense startStaged rollout
3

Mobile Journey Simplified

The mobile path to checkout was shortened. On a parts marketplace this is not cosmetic: buyers arrive knowing the part they need, and every additional step is an opportunity to lose an order that was already won.

Fewer stepsMobile checkoutPost-click
4

Cart Abandoners Retargeted

Retargeting was built for cart abandoners and product viewers, recovering demand the account had already paid to acquire.

Cart recoveryProduct-view audiences
5

Real Profit Tracked With GA4 and a Custom ROAS Model

GA4 was paired with a custom ROAS model so that reporting reflected what orders were actually worth, rather than treating every conversion as equivalent. Without that layer, segmentation has nothing to optimise against.

GA4Custom ROAS modelOrder-value weighting

6.5× the Revenue on 1.9× the Budget

By November 2024 the account was producing ₴5.06M of revenue a month at an actual ROAS of 3,764.13%, on roughly ₴134K of spend.

Metric Before After Change
Revenue₴784K₴5.06M↑ ×6.45
Actual ROAS1,104.54% (×11.0)3,764.13% (×37.6)↑ ×3.41
Conversions2.29K3.59K↑ +57%
Cost per conversion₴31.04₴37.45↑ +21%
Ad spend (derived)≈₴71K≈₴134K↑ ×1.89

Ad spend is derived — conversions × cost per conversion, from the two figures shown in each screenshot.

Core Insight

Revenue grew 6.5× on 1.9× the budget. The gap between those two multiples is the entire value of the work — everything else is detail about how it was produced.

The Screenshots Behind Every Number

Both panels below are the account's own Google Ads reporting for the two months compared above. Every number in this case study is read off them.

November 2023 — baseline Google Ads · 1–30 Nov 2023
Google Ads panel for November 2023 showing 2.29K conversions, ₴31.04 cost per conversion, ₴784K in sales and 1,104.54% ROAS
Conversions 2.29KCost / conv. ₴31.04Purchases / sales ₴784KActual ROAS 1,104.54%
November 2024 — twelve months on Google Ads · 1–30 Nov 2024
Google Ads panel for November 2024 showing 3.59K conversions, ₴37.45 cost per conversion, ₴5.06M in sales and 3,764.13% ROAS
Conversions 3.59KCost / conv. ₴37.45Purchases / sales ₴5.06MActual ROAS 3,764.13%
The Full Picture

Cost per conversion rose 21%, from ₴31.04 to ₴37.45. That was the intended trade rather than a side effect: segmenting by brand and category deliberately pushed spend toward higher-value orders, so each conversion costs more and is worth considerably more. An account managed to keep cost per conversion flat would not have produced this result.

Is This Your Marketplace Account?

This case study is relevant if any of the following sounds familiar:

The account is profitable, has been for a while, and has not moved in either direction for a year
Ad groups are generic, so bidding cannot tell a high-value line from a low-value one
Every conversion is treated as equivalent in reporting, regardless of what the order was worth
Mobile is the majority of your traffic and a minority of your orders
You are reluctant to restructure because the account currently works and you do not want to break it
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Questions About This Case Study

Profitable Account That Has Stopped Growing?

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