Performance Max

Feed-Only Performance Max Campaigns: Setup Guide & Strategy

February 2, 2026 11 min read
Samuli Kesseli
Samuli Kesseli

Senior MarTech Consultant

Feed-Only Performance Max: What It Includes

Placements available without creative assets

Shopping

Included

Display

Product ads

Gmail/Discover

Product ads

Search Text Ads

Not included

Without text assets, PMax cannot create Search text ads

Performance Max is powerful, but many advertisers worry about it cannibalizing their Search campaigns. There's a solution: feed-only Performance Max. By omitting creative assets, you can tap into PMax's AI-driven conversion optimization for Shopping and Display while keeping your Search text ads separate.

This guide explains how to set up feed-only Performance Max campaigns, when this approach makes sense, and the trade-offs you should consider.

What Is Feed-Only Performance Max?

A feed-only Performance Max campaign is simply a PMax campaign where you only provide your product feed - no text headlines, descriptions, images, or videos in the asset group.

Performance Max requires certain assets to serve on certain placements:

By not providing text assets (headlines, descriptions), you prevent PMax from creating Search text ads. The campaign will still run on Shopping, Display, Discover, Gmail, and product-based YouTube placements.

Key Insight

Feed-only PMax gives you the AI optimization benefits of Performance Max for Shopping traffic while preserving your ability to run separate, controlled Search campaigns. It's a middle ground between full PMax and Standard Shopping.

Feed-only Performance Max campaign structure diagram showing how a PMax campaign with only a product feed and listing groups flows to Shopping, Display, Discover and Gmail placements while blocking Search text ads
How a feed-only PMax campaign flows from asset group to ad placements, with Search text ads blocked due to missing creative assets.

Why Use Feed-Only Performance Max?

Full Performance Max takes priority over Search campaigns for query matching. If you have well-optimized Search campaigns with carefully managed keywords and bids, PMax can cannibalize that traffic.

Feed-only PMax avoids this by not competing for text ad placements. Your Search campaigns continue to handle Search traffic while PMax optimizes Shopping.

Get AI Optimization for Shopping

Standard Shopping gives you control but requires manual bid management. Feed-only PMax provides:

Expand Beyond Shopping

Unlike Standard Shopping, feed-only PMax can serve your products on:

This expands your product visibility beyond pure Shopping placements without requiring you to create separate Display campaigns. However, keep in mind that PMax does not report impression share metrics, making visibility measurement more challenging.

How to Set Up Feed-Only Performance Max

Step 1: Create the Campaign

  1. In Google Ads, click + New campaign
  2. Select your goal (Sales or Leads)
  3. Choose "Performance Max" as campaign type
  4. Select your Merchant Center account when prompted
  5. Set your bidding strategy (Target ROAS or Maximize Conversion Value)
  6. Set your daily budget

Step 2: Configure Listing Groups

  1. In the asset group section, connect your product feed
  2. Set up listing groups to include the products you want
  3. You can segment by brand, category, custom labels, etc.
  4. Exclude products you don't want in this campaign

Step 3: Skip Creative Assets (Critical Step)

This is the key to feed-only setup:

  1. When prompted to add assets to your asset group, do not add any text assets
  2. Skip headlines, long headlines, and descriptions
  3. Skip image uploads (the campaign will use your product feed images)
  4. Skip video uploads
  5. You may see warnings about missing assets - this is expected

Important

Google will encourage you to add assets and may show warnings. You can proceed without them. The campaign will run with limited placements, which is exactly what you want for a feed-only approach.

Step 4: Add Audience Signals (Optional)

Even without creative assets, you can add audience signals to guide the AI:

These are hints, not hard targeting, but they help PMax find the right users.

Step 5: Launch and Monitor

  1. Review all settings and launch the campaign
  2. Allow 2-3 weeks learning period
  3. Monitor placement reports to confirm no Search text ads are serving
  4. Track performance against your Shopping benchmarks
Feed-only Performance Max 5-step setup guide showing campaign creation, listing group configuration, skipping creative assets as the critical step, adding audience signals, and launch monitoring
Complete 5-step setup flow for a feed-only Performance Max campaign, with Step 3 (skip creative assets) highlighted as the critical step.

Benefits of Feed-Only Performance Max

1. Search Campaign Protection

Your Search campaigns continue unchanged. You maintain control over keywords, bids, and ad copy without PMax interference. This is especially valuable if you have brand campaigns, competitor campaigns, or highly optimized non-brand Search campaigns.

2. AI-Powered Shopping Optimization

Performance Max's machine learning, built on Google's AI infrastructure, optimizes bids and product selection in real-time based on:

3. Extended Reach

Standard Shopping only serves on Shopping and Search product ads. Feed-only PMax adds Display, Discover, Gmail, and YouTube placements - all using your existing product feed images. Google is also expanding product ad placements further with shopping ads inside AI Mode, making your feed the key to visibility across an ever-growing number of surfaces.

4. Simpler Management

No need to create and test creative assets. Your product feed does the work. This reduces setup time and ongoing creative maintenance.

5. Works Alongside Standard Shopping

You can run feed-only PMax and Standard Shopping together. Use Standard Shopping for products where you want control, and feed-only PMax for products where you want AI optimization.

Drawbacks and Limitations

1. Limited Reach Compared to Full PMax

By skipping creative assets, you miss:

Feed-only PMax will have lower total reach than full PMax with all assets.

2. Less Control Than Standard Shopping

You lose many Standard Shopping controls:

3. Black Box Optimization

Even feed-only PMax has Performance Max's reporting limitations. As Search Engine Land has documented, you won't see the detailed product-level, search term-level insights available in Standard Shopping.

4. Google May Encourage Full Assets

Google's interface and recommendations push you toward adding assets. You may see "limited" warnings and suggestions. The campaign works without them, but Google clearly prefers full PMax.

5. May Still Show Some Shopping Ads on Search

Feed-only PMax will still show Shopping ads (product images) on Search results - just not text ads. If you want to prevent all Search presence, Standard Shopping with Search partners disabled is more controlled.

When to Use Feed-Only Performance Max

Good Fit For:

Not Ideal For:

Feed-Only PMax vs Alternatives

Comparison scorecard of Feed-Only PMax vs Full PMax vs Standard Shopping across 10 features including Shopping ads, Search text ads, Display ads, bid control, negative keywords, and setup complexity
Feature comparison across Feed-Only PMax, Full PMax, and Standard Shopping campaign types.
Factor Feed-Only PMax Full PMax Standard Shopping
Search text ads No Yes (takes priority) No
Shopping ads Yes Yes Yes
Display placement Yes (product ads) Yes (full creative) No
Bid control Goal-based only Goal-based only Full control
Negative keywords Account-level only Account-level only Campaign/ad group
Product reporting Limited Limited Full detail
Setup effort Low Medium (need assets) Medium (need structure)

Frequently Asked Questions

What is a feed-only Performance Max campaign?

A feed-only Performance Max campaign uses only your product feed without adding creative assets (images, videos, headlines, descriptions). Without text assets, PMax cannot create Search text ads and will primarily serve on Shopping and Display placements. This lets you use PMax's AI-driven bidding while keeping your Search campaigns separate.

Why would I run feed-only Performance Max instead of full PMax?

Feed-only PMax makes sense when you want PMax's conversion optimization for Shopping but don't want it competing with your Search campaigns. Full PMax takes priority over Search campaigns for text ad placements, which can cannibalize well-optimized Search campaigns. Feed-only avoids this while still benefiting from PMax's AI for Shopping traffic.

Can Performance Max run without creative assets?

Yes. If you only provide a product feed and don't add text assets, images, or videos to your asset group, Performance Max will run but will be limited to placements that can use your product feed directly - primarily Shopping and product-based Display ads. It won't create text Search ads without the required assets.

What placements does feed-only Performance Max use?

Feed-only Performance Max primarily serves on: Google Shopping, Google Display Network (using product images from your feed), Discover feed, Gmail (product ads), and YouTube (product-based video ads if available). It won't serve text ads on Search because it lacks the required text assets.

Should I use feed-only PMax or Standard Shopping?

Use feed-only PMax if you want automated bidding with AI optimization and don't mind less control. Use Standard Shopping if you need detailed product-level reporting, negative keyword control, and full bid transparency. Many advertisers test both to compare performance.

Conclusion

Feed-only Performance Max offers a middle ground for advertisers who want PMax's AI optimization without sacrificing control over Search campaigns:

The trade-off is reduced reach compared to full PMax and less control compared to Standard Shopping. But for many advertisers - especially those with strong Search campaigns they want to protect - feed-only PMax hits the right balance.

Consider testing feed-only PMax alongside your existing campaigns. Compare its Shopping performance against Standard Shopping, and monitor whether it reaches incremental users on Display and Discover that you weren't reaching before. The data will tell you whether this hybrid approach works for your business.

Track Shopping Performance Across Campaign Types

SKU Analyzer helps you monitor product-level performance whether you're running Standard Shopping, Performance Max, or both. Compare results and optimize your strategy.

Try SKU Analyzer Free

Free during beta. No credit card required.

Related Articles