Question: How are bids adjusted for a search user who belongs to multiple audiences, each with their own bid adjustment? Does Google Search set the final audience bid adjustment equal to the MAXIMUM of bid adjustments over all applicable audiences, and then multiply this maximum audience bid adjustment by the adjustments for the other criteria types (like location, device type, time of day, etc.)?
I'm guessing this is probably what happens based on the
Hotel Ads documentation: "
If a customer is part of multiple audience lists that have been targeted in a campaign, the highest adjustment among the matching audience lists is used." But as this documentation is for Hotel Ads, I wasn't sure if it also applied to the general Google Ads product.
Thanks,
Howard