Portfolio Analytics

Brand Performance Analysis in Google Shopping: Measuring & Comparing Brands

January 13, 2026 12 min read
Samuli Kesseli
Samuli Kesseli

Senior MarTech Consultant

If you sell products from multiple brands in Google Shopping, you're likely treating your campaigns as one homogeneous entity. But here's the reality: different brands perform very differently. Some deliver 5x ROAS while others drain budget with minimal returns. Without brand-level analysis, you're flying blind—unable to double down on winners or fix underperformers.

This guide shows you how to measure, compare, and optimize brand performance in Google Shopping. You'll learn which metrics matter, how to segment your data by brand, and actionable strategies to improve portfolio-wide results.

Why Brand Performance Analysis Matters

E-commerce retailers typically carry products from dozens or even hundreds of brands. As Think with Google research shows, consumers increasingly search by brand when shopping online. Each brand has its own characteristics that affect Shopping performance:

When you analyze performance at the brand level, you can make smarter decisions about budget allocation, bidding, and inventory. Instead of applying blanket changes across your catalog, you target specific brands that need attention.

Key Insight

Retailers who segment Shopping campaigns by brand typically see 15-25% improvement in overall ROAS because they can allocate budget more efficiently to high-performing brands.

Brand performance comparison dashboard showing ROAS, conversion rate, impression share, and CPC metrics across six brands in a Google Shopping portfolio
A brand comparison dashboard reveals how each brand contributes to portfolio performance across key metrics.

Key Metrics for Brand Comparison

Not all metrics carry equal weight when comparing brands. Here are the essential KPIs to track, organized by what they measure. For complete definitions, see our metrics glossary:

Profitability Metrics

Metric What It Tells You Target
ROAS Revenue returned per euro spent Varies by margin (typically 3-5x)
CPA Cost to acquire one conversion Below your profit per order
Revenue Share Brand's contribution to total revenue Aligned with strategic goals

Efficiency Metrics

Metric What It Tells You Benchmark
Conversion Rate Percentage of clicks that convert 1-3% for Shopping
CTR Ad relevance and appeal 0.5-2% for Shopping
Avg CPC Competition level for brand terms Category dependent

Visibility Metrics

Metric What It Tells You Goal
Impression Share How often you show vs could show 70%+ for priority brands
Click Share Your share of available clicks Higher = more dominant
Top Impression Share How often you appear in top positions 50%+ for high-margin brands

How to Segment Shopping Data by Brand

Google Ads doesn't provide brand-level reporting out of the box. Here are your options for getting brand-segmented data:

Option 1: Custom Labels in Your Feed

The most common approach is using custom labels to tag products by brand. In your Merchant Center feed, populate one of the five custom label fields (custom_label_0 through custom_label_4) with the brand name.

Once tagged, you can:

The downside: this requires feed setup, and reporting still requires manual aggregation across product groups.

Option 2: Campaign Segmentation

Create separate campaigns or ad groups for each major brand. This gives you clean reporting at the campaign level but creates management overhead—especially if you carry many brands.

Best for: Retailers with 5-10 key brands that represent the majority of revenue.

Option 3: Third-Party Analytics Tools

Tools like SKU Analyzer automatically aggregate performance data by brand using your Merchant Center feed. The brand field from your feed is matched against Google Ads performance data (using Shopping segments for granular filtering), giving you instant brand-level analytics without manual setup.

This approach provides:

Building a Brand Performance Dashboard

Whether you use native Google Ads reporting or a third-party tool, your brand dashboard should answer these questions at a glance:

The Brand Comparison View

Create a table showing all brands with these columns:

Sort by revenue to see your biggest brands, then by ROAS to see efficiency. Look for mismatches—brands with high revenue but low ROAS may need optimization, while brands with high ROAS but low revenue may deserve more budget.

The Brand Quadrant Analysis

Plot brands on a scatter chart with:

This creates four quadrants:

Quadrant Characteristics Action
Stars High revenue, high ROAS Protect and scale
Opportunities Low revenue, high ROAS Increase visibility/budget
Workhorses High revenue, low ROAS Optimize or reduce spend
Drains Low revenue, low ROAS Fix or deprioritize
Brand portfolio quadrant matrix plotting brands by revenue versus ROAS into four categories: Stars, Opportunities, Workhorses, and Drains
The brand quadrant matrix helps you classify brands by revenue and ROAS to determine the right optimization strategy for each.

The Brand Trend View

Track how brand performance changes over time. A brand's ROAS can fluctuate due to:

Review 30-day rolling trends weekly to catch issues before they compound. For tips on building effective dashboards, see our reporting guide.

Strategies for Optimizing Brand Performance

Once you have visibility into brand-level data, here's how to act on it:

Four-phase brand optimization decision framework: measure brand KPIs, classify into quadrants, take targeted action, and monitor trends over time
Follow this four-phase framework to systematically measure, classify, optimize, and monitor brand performance in your Shopping campaigns.

1. Reallocate Budget to Winners

If Brand A delivers 6x ROAS and Brand B delivers 1.5x, shift budget accordingly. This sounds obvious but rarely happens without brand-level data.

Implementation options:

2. Investigate Underperformers

Before cutting an underperforming brand, diagnose why it's struggling:

Watch Out

Don't immediately pause brands with low ROAS. Some brands have strategic value—they might bring in new customers who later buy higher-margin products, or they fill important catalog gaps that keep shoppers on your site.

3. Optimize Feed by Brand

Apply brand-specific feed optimizations:

4. Use Brand-Level Bid Modifiers

If you can't create separate campaigns, use product group bids strategically:

5. Monitor Competitive Position

Use auction insights to understand your competitive position for each brand. If a competitor is dominating a brand you carry, you may need to:

Common Mistakes in Brand Analysis

Mistake 1: Using Too Short a Time Window

Brand performance can be volatile day-to-day. Use at least 30 days of data before making strategic decisions, accounting for conversion lag. For major changes like pausing a brand, use 60-90 days.

Mistake 2: Ignoring Product Count

A brand with 5 products will naturally have less revenue than one with 500. Normalize comparisons by looking at revenue per product or ROAS rather than absolute numbers. Refer to our Google Ads reporting documentation for tips on building effective brand-level reports.

Mistake 3: Treating All Brands the Same

Your own private label brands may have different margin structures than resold brands. Apply different ROAS targets based on actual margins.

Mistake 4: Missing Seasonality

Compare brands to their own historical performance, not just to each other. A swimwear brand will look terrible in January but excellent in June.

Key Takeaway

Brand-level analysis transforms Google Shopping from a black box into a manageable portfolio. By comparing performance across brands, you can make surgical optimizations that improve overall ROAS without broad changes that hurt your best performers.

Frequently Asked Questions

How do I segment Google Shopping data by brand?

Use custom labels to tag products by brand in your feed, then create product groups segmented by custom label in your campaigns. Alternatively, use third-party tools like SKU Analyzer that automatically aggregate performance metrics by brand from your Merchant Center feed data.

What metrics should I compare across brands?

The most important brand comparison metrics are ROAS (profitability), conversion rate (purchase intent), impression share (visibility), CPA (acquisition cost), and revenue contribution (portfolio share). Together these show which brands drive profitable growth.

Should I pause underperforming brands in Google Shopping?

Not necessarily. First investigate why a brand underperforms—it could be pricing, feed quality, or seasonality. Consider reducing bids or budget allocation before pausing entirely. Some brands may have strategic value despite lower ROAS, such as attracting new customers or filling catalog gaps.

How often should I review brand performance?

Review brand performance weekly for tactical adjustments and monthly for strategic decisions. Use 30-day windows minimum to account for conversion lag. During peak seasons like Q4, increase review frequency to catch trends faster.

Conclusion

Brand performance analysis is essential for retailers managing multi-brand Google Shopping portfolios. By segmenting your data by brand, you can identify your stars, fix your underperformers, and allocate budget where it generates the best returns.

Start with these steps:

  1. Set up brand segmentation using custom labels or analytics tools
  2. Build a brand comparison dashboard with ROAS, revenue share, and impression share
  3. Identify your quadrant positions (stars, opportunities, workhorses, drains)
  4. Take targeted actions on each brand based on its position
  5. Review trends weekly to catch changes early

Tools like SKU Analyzer make brand analysis easier by automatically aggregating performance data by brand, complete with treemaps, radar charts, and trend visualizations. Whether you build your own reports or use a dedicated tool, brand-level visibility is the key to portfolio-wide optimization.

Analyze Brand Performance Automatically

SKU Analyzer aggregates your Google Shopping data by brand, showing ROAS, impression share, and trends for every brand in your portfolio.

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