AI-generated Key Takeaways
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Target ROAS is an automated bidding strategy focused on maximizing revenue while achieving a specific average return on ad spend.
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The
target_roasfield, required and ranging from 0.01 to 1000.0, defines the desired revenue per unit of spend. - 
          
Optional fields like
cpc_bid_ceiling_micros,cpc_bid_floor_micros, andtarget_roas_tolerance_percent_millisoffer further control, especially for portfolio strategies. 
An automated bidding strategy that helps you maximize revenue while averaging a specific target return on ad spend (ROAS).
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 Required. The chosen revenue (based on conversion data) per unit of spend. Value must be between 0.01 and 1000.0, inclusive.  | 
              
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 Maximum bid limit that can be set by the bid strategy. The limit applies to all keywords managed by the strategy. This should only be set for portfolio bid strategies.  | 
              
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 Minimum bid limit that can be set by the bid strategy. The limit applies to all keywords managed by the strategy. This should only be set for portfolio bid strategies.  | 
              
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 The percent of ROAS(return on advertising spend) degradation tolerance allowed to increase traffic diversity and conversion volume, specified in millis (for example, 10,000 = 10%). A value of 10,000 means that the advertiser can expect ROAS degradation of up to 10% of the specified target ROAS. This field is only mutable for portfolio bidding strategies.  |