Google is rolling out a whole new way for advertisers to showcase their services, products and their prices, with a new extension for AdWords text ads.
Price extensions show as a list below the main ad copy on mobile. In the example from Google below, you’ll quickly notice how much real estate price extensions take up on mobile. The new extension offers many advertisers the first opportunity to show pricing information for multiple products and services in their ads. It’s also the first extension that is likely to stir tough competition that will potentially drive up mobile CPCs in a meaningful way.
How to set up price extensions
Price extensions are rolling out over the next few days, so you may not see them in your account yet, buy you’ll find them included in the dropdown menu under the Ad extensions tab in AdWords.
In the screenshot from an account below, you’ll see the set up window to add a new price extension. You’ll add a header, which is the clickable title; a description up to 25 characters long and a price that can then be qualified with a Unit of per hour, day, week, month or year from the menu. The final URL is the landing page associated with the extension.
For limited-time promotions or rolling price increases for things like events, you can schedule price extensions.
Other important details for setting up price extensions
- If you only have one relevant landing page for a set of price extensions, you can use the same final URL
- Price extensions can be set at the account, campaign or ad group level.
- They should be relevant to the keywords in an ad group and “consistent with the types of products or services being advertised”. For example, if your ad is likely to be triggered on a search for “painting classes”, you likely don’t want to show price extensions for sculpture or animation classes.
- You’ll need to set up a minimum of three price extensions and a maximum of eight. Google receommends creating 5 or more, which might be a challenge in many cases.
Important elibigibility details
- Price extensions are only showing on mobile to start.
- They are only available in English at this point.
- Last, but probably most important: only the ad in the top ad position is eligible for price extensions. This is why I imagine these extensions, with their user-friendly detail and advertiser-friendly real estate will become exceedingly popular and drive up competition and prices on mobile.
For more on price extensions, see the AdWords help page where you’ll find useful examples for setting up price extensions for specific product and service types like brands, events, locations, neighborhoods and more.
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