Google Ads Ecommerce Benchmarks 2026

12,000+ Performance Max campaigns.Real numbers.

ROAS, CPC, and conversion rates aggregated across 200+ ecom brands under ZenoX Media management. Eight verticals. Four campaign types. Four spend tiers. Updated May 2026.

ROAS by vertical

What each vertical actually returns.

Ranges are P25 to P75 from our managed account cohort. The top quarter outperforms the upper bound. The bottom quarter underperforms the lower bound. These are not promises. They are what the median account looks like.

VerticalROAS rangeCPC rangeCVR rangeNote
Jewelry3.5 - 5x€0.40 - €1.201.5 - 3.5%Higher with margin-tier custom labels and Q4 gifting structure
Fashion2.8 - 4x€0.25 - €0.802 - 4%Seasonal peaks can run significantly higher with catalog-drop structure
Home Decor3 - 4.5x€0.20 - €0.701.5 - 3%Q4 gifting wave is the primary revenue driver for most accounts
Beauty3.5 - 5x€0.30 - €0.902 - 4%Tools and devices at the upper end; commodity beauty at the lower end
Pets3 - 4x€0.20 - €0.652.5 - 4.5%Seasonal windows (Halloween, summer, winter) can peak above 5x
Furniture4 - 6x€0.35 - €1.000.8 - 2%Requires 90-day conversion windows to capture the full buying cycle
Supplements2.5 - 3.5x€0.50 - €1.502 - 5%First-order ROAS only; LTV ROAS for subscription brands runs significantly higher
Dropshipping2.5 - 3.5x€0.15 - €0.551.5 - 3%Velocity labels and GMC compliance are the primary ROAS levers

Campaign type benchmarks

Performance Max vs Standard Shopping vs Search.

The right campaign mix depends on your vertical. Most accounts run all three and let each serve a different part of the buying journey.

Performance Max

+15 to +30% vs Standard Shopping

Best for: Visual categories, high-SKU catalogs, multi-channel buyers

Watch out for: Requires strong feed, asset groups, and custom labels to perform

Standard Shopping

Baseline

Best for: High-intent specific queries, Search-heavy categories

Watch out for: Outperforms PMax on precise-intent verticals like auto and specialty products

Search

Highest intent, not comparable to Shopping

Best for: Brand defence, high-intent buying queries, bottom-funnel capture

Watch out for: Runs alongside Shopping, not instead of it; essential for jewelry and supplements

Demand Gen

+25 to +40% incremental contribution on visual verticals

Best for: Beauty, home decor, furniture - long consideration, visual buying

Watch out for: Takes 45-60 days to show meaningful contribution; patience required

Time to first conversion by spend tier

How fast should your account start working?

Smart Bidding needs conversion data to work. The time to first conversion tells you how quickly the account moves out of the learning phase. Higher spend means more auction entries, faster learning.

Spend tierTime to first conversionWhat this means
€1K - €5K/month5-10 daysLimited Smart Bidding data; manual or Max Clicks start recommended
€5K - €20K/month3-7 daysEnough data for tROAS within 30 days; standard onboarding path
€20K - €100K/month1-5 daysEstablished signal; focus shifts to SKU-level optimization and margin tier
€100K+/month1-3 daysConversion volume is not the constraint; feed quality and custom labels are

These are median times across our managed cohort. High-AOV verticals (furniture, fine jewelry) take longer because conversion volume is lower. Clean GMC setup and strong feed work consistently shorten the learning phase regardless of spend tier.

Benchmark FAQ

Questions about these benchmarks.

It depends on your vertical and margin structure. Jewelry and beauty typically run 3.5-5x blended ROAS. Fashion runs 2.8-4x. Home decor runs 3-4.5x. Furniture runs 4-6x on high-AOV catalogs. Supplements run 2.5-3.5x first-order, significantly higher on LTV. Anyone quoting a ROAS without knowing your margins is guessing.

Want to see where your account sits against these?

Drop your store URL on WhatsApp. We pull your numbers up live on the call and show you exactly where you are against the benchmark for your vertical.

If you are above the median, we will tell you. If you are below, we will tell you why and what to change.

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