Stop Chasing Revenue. Chase Profit.
This is the single biggest mindset shift in modern e-commerce strategy. Revenue is vanity; profit is sanity. When you’re setting bid strategies in Google Ads, build them around return on ad spend tied to margin, not just sales volume. A $200 sale on a 10% margin product isn’t the same as a $200 sale on a 40% margin product, and your campaigns shouldn’t treat them the same.
Related to this: you don’t need to promote everything in your catalogue. Identify the products that bring people in, convert well, and carry a strong margin. Focus your spend there. That said, don’t overlook your loss leaders either – some lower-margin products drive high repeat purchase rates and pull customers into your ecosystem who go on to buy more profitable lines. Know the role each product plays, and budget accordingly.