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Subaru Dealer Increases Performance Max Conversions 250% Through Paid Search Optimization

The Challenge

Paul Moak Subaru wanted to scale lead generation from paid search while improving cost efficiency. As competition intensified and impression share tightened across key conquest campaigns, the dealership needed to make its existing investment work harder and prioritize the campaigns delivering the strongest opportunities.  

Solution

Stream Companies took a performance-driven approach to optimizing Paul Moak Subaru’s paid search strategy, shifting budget away from broader inventory campaigns and toward channels demonstrating stronger conversion efficiency.

The strategy leaned into Performance Max while maintaining investment in high-converting Brand and Dealership Search campaigns. Stream also introduced Shopping campaigns for both new and used inventory, creating additional opportunities to reach lower-funnel shoppers actively exploring available vehicles.

Key optimizations included:

  • Prioritizing Performance Max: Spend remained essentially flat quarter over quarter while the campaign dramatically increased its output. 
  • Reallocating inventory campaign spend: New Vehicle Leads spend was reduced by 67%, while Used Vehicle Leads spend was reduced by 66%, allowing investment to shift toward stronger-performing channels. 
  • Maintaining high-intent search campaigns: Brand and Dealership Search continued to play an important role in capturing shoppers, demonstrating strong intent. 
  • Launching inventory Shopping campaigns: New Vehicle Shopping generated 760 clicks with more than 90% impression share, while Used Vehicle Shopping added 468 clicks with 64% impression share at low CPCs.  

Results

The optimized strategy produced significant efficiency gains, with Performance Max emerging as the standout performer, while Brand and Dealership Search continued to generate consistent conversion volume.

KPI Highlights

+250% Performance Max conversions

Performance Max generated 294 conversions, a 250% quarter-over-quarter increase, while cost per conversion fell 73% to just $5.58. Click volume increased 278%, all while spend remained essentially flat.  

139 Brand Search conversions

Brand Search remained an efficient source of leads, generating 139 conversions at $2.20 per conversion. Conversion rate reached 19.44%, a 3.5% quarter-over-quarter improvement.  

195 Dealership Search conversions

Dealership Search delivered 195 conversions while increasing its conversion rate 10% quarter over quarter to 21.86%. The campaign also achieved a strong 35.23% click-through rate.  

+11% Used Vehicle Leads conversion rate

Despite a 66% reduction in spend, the Used Vehicle Leads campaign improved its conversion rate by 11% quarter over quarter, indicating that more qualified traffic was being retained.  

1,228 clicks from new Shopping campaigns

New and Used Vehicle Shopping campaigns generated a combined 1,228 clicks, expanding Paul Moak Subaru’s inventory visibility and establishing additional lower-funnel opportunities.  

Conclusion

Paul Moak Subaru’s quarter-over-quarter results demonstrate the impact of continuously evaluating where paid search dollars can generate the greatest return. By shifting investment toward Performance Max and proven high-intent search campaigns, Stream Companies helped the dealership significantly increase conversion volume while improving cost efficiency. 

Performance Max, Brand Search, and Dealership Search combined to generate 628 conversions at approximately $7 per lead, with Performance Max achieving substantial growth without requiring additional spend.  

At the same time, the results identified opportunities for continued optimization. Increased competition affected Conquest New Search, while Service experienced declining conversion volume, giving Stream clear areas to address as the strategy continues to evolve. 

Through smarter budget allocation and ongoing campaign optimization, Stream Companies helped Paul Moak Subaru generate more from its paid search investment while building a stronger foundation for continued growth. 

Want to Hear From TikTok?

Have questions about running TikTok for your dealership? Check out our latest conversation with TikTok, where we asked their team the questions automotive dealers need to know about using the platform, from building an organic presence to using paid advertising and Spark Ads.

Watch the Conversation

If you’re ready to start building a TikTok strategy for your dealership, reach out to the Stream Companies team. We can help you develop engaging organic content and use paid media to amplify the content that resonates with your audience.

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