Digital Strategies: Paid Media, AI Automation
Reading Time: 7 Minutes
Performance Max 2.0: Why AI-Driven Campaigns Are Breaking Old PPC Rules
Published on: August 31, 2025

When Google launched Performance Max (PMax) campaigns, it promised advertisers simplicity and scale. But the release of PMax 2.0, powered by Google Gemini, is rewriting the entire PPC playbook.
Now, campaigns are driven by generative creatives, predictive bidding, and multimodal ad placements. For brands, this means higher efficiency but also less control and more competition.
At Peakovate, we’ve run over 40 early-adopter campaigns on PMax 2.0. The results? Conversion rates improved by an average of 34%, but CPCs also rose sharply due to intensified competition.
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Opportunities:
Risks:
PMax 2.0 is powerful—but without strategy, brands risk higher spend with diminishing brand differentiation.
At Peakovate, we’re helping clients build AI-ready ad pipelines—where automation drives efficiency, but brand identity drives conversions.