The e-commerce landscape in Southeast Asia (SEA) is experiencing unprecedented growth, with projections estimating the market’s gross merchandise value to surge from $159 billion in 2024 to $370 billion by 2030. Marketplaces like Shopee and Lazada dominate consumer spending, accounting for 82% of online purchases in the region. While these platforms offer retailers access to vast audiences, the sheer volume of sellers has made it increasingly difficult for brands to stand out. Consumers now navigate multiple touchpoints—averaging over five interactions—before making a purchase, with 65% relying on Google Ads platforms such as Search, YouTube, and Discover for product discovery. This shift underscores the need for retailers to adopt a holistic marketing strategy that extends beyond marketplaces to capture consumer interest at every stage of their journey. Enter Performance Max for Marketplaces, an AI-powered solution within Google Ads that bridges the gap between discovery and conversion, enabling brands to drive incremental sales while maximizing return on ad spend (ROAS).
Relying solely on marketplaces for sales is no longer sufficient in today’s competitive e-commerce environment. While these platforms provide essential tools like analytics and ad placements, the saturation of sellers means that visibility is often limited to those with the highest bids or best promotions. Additionally, marketplaces primarily capture consumers at the bottom of the funnel—when they are ready to buy—but neglect the critical discovery phase where brand awareness and consideration are formed. Google Ads research reveals that consumers frequently begin their shopping journey on search engines and video platforms, making it imperative for retailers to engage them early. Performance Max for Marketplaces addresses this challenge by leveraging AI to optimize campaigns across Google’s entire ecosystem, ensuring brands appear wherever potential customers are researching products. By integrating marketplace data with Google Ads, retailers can create seamless, high-converting paths from initial interest to final purchase, ultimately driving more profitable growth.
Performance Max for Marketplaces revolutionizes digital advertising by unifying Google Ads campaign management across channels—Search, Display, YouTube, Discover, and more—into a single, AI-driven strategy. Unlike traditional methods that require manual adjustments for each platform, Performance Max automates bidding, audience targeting, and creative optimization, ensuring ads reach the most relevant users at the right moment. The solution also links directly with marketplace product feeds, allowing real-time updates on inventory and pricing to prevent wasted ad spend on out-of-stock items. Retailers using Performance Max within Google Ads have reported an average ROAS of 500%, demonstrating its effectiveness in converting high-intent shoppers. For example, L’Oréal Thailand leveraged the tool to promote its dermatological brands with Google Ads, achieving a 15% sales uplift and a 5X ROAS. Similarly, Kindee Kids, a former offline retailer, saw a 40X increase in online sales after adopting Performance Max via Google Ads. These successes highlight how AI-powered automation can transform marketplace performance by expanding reach and improving efficiency.
Real-world applications of Performance Max for Marketplaces illustrate its transformative potential. L’Oréal Thailand’s dermatological division used the tool through Google Ads to drive traffic to its Shopee Mall stores for Cerave, La Roche-Posay, and Vichy. By delivering AI-optimized ads across Google’s channels, the brand not only boosted sales by 15% but also achieved a remarkable 5X ROAS, proving that strategic ad placement can enhance profitability even in a crowded marketplace. Another standout example is Kindee Kids, an organic baby product brand that transitioned from offline to online retail. Initially listing just 100 products on Shopee, the company utilized Performance Max in Google Ads to attract shoppers, resulting in a 40X surge in sales and doubled profitability. These case studies underscore a common theme: Performance Max excels at identifying high-value customers and guiding them seamlessly from discovery to purchase, making it indispensable for brands seeking scalable growth in competitive e-commerce markets.
Adopting Performance Max for Marketplaces is a strategic process that begins with integrating your Google Ads account with your marketplace store (e.g., Shopee or Lazada) to synchronize product data. To maximize campaign effectiveness, retailers should leverage Topkee’s comprehensive services, which include website assessment, TTO tools, and creative production. A thorough website evaluation using Topkee’s scoring tool ensures SEO optimization, improving search rankings and conversion rates. The TTO initialization tool streamlines account management, enabling multi-account budget allocation, conversion event tracking, and automated data synchronization with Google Ads. For creatives, Topkee’s AI-driven graphic and text production generates high-quality visuals and ad copy tailored to market trends, enhancing click-through rates. Performance monitoring is critical; Topkee’s advertising report analysis provides actionable insights into metrics like ROAS and conversion rates, allowing for real-time bid adjustments. By combining Performance Max with Topkee’s attribution remarketing strategies, businesses can retarget high-value users with personalized ads, boosting repurchase rates by over 70%. These steps empower retailers to harness ads for heightened visibility, customer acquisition, and revenue growth.
As e-commerce evolves, Performance Max for Marketplaces will become indispensable, driven by AI advancements like Gemini and NotebookLM. Topkee’s TTO and TM settings enable granular campaign tracking, while its marketing activity theme proposals reduce planning time with data-driven strategies. The future lies in hyper-personalization; Topkee’s remarketing tools segment audiences based on behavior, delivering contextually relevant ads across Google Display Network, YouTube, and search campaigns. Retailers should also explore Google PMax, which complements Performance Max by automating cross-channel bidding for optimal conversions. The key to long-term success is full-scale adoption of AI-driven automation, ensuring every marketing dollar delivers measurable impact. By integrating Topkee’s end-to-end solutions—from keyword research to ROI analysis—brands can transform marketplace challenges into profitable growth opportunities.
Performance Max for Marketplaces represents a paradigm shift in e-commerce advertising, empowering retailers to transcend the limitations of crowded online platforms. By leveraging AI to connect with consumers across Google’s vast network, brands can drive incremental sales, improve ROAS, and establish a dominant presence in competitive markets. The success stories of L’Oréal Thailand and Kindee Kids prove that the right tools, combined with strategic execution, can unlock exponential growth. As the digital landscape evolves, retailers must act now to integrate Performance Max into their Google Ads marketing playbooks. For those seeking expert guidance, partnering with a Google-certified consultant can streamline implementation and maximize results.