Google Ads Keyword Strategy: Stop Wasting Ad Spend

Key Takeaways

  • Using Google Ads Keyword Planner in 2026 allows you to discover new keywords, analyze historical data, and predict future performance, informing your keyword strategy.
  • Implementing a negative keyword strategy can reduce wasted ad spend by 15-20% by excluding irrelevant search terms.
  • A well-defined keyword strategy using match types (broad, phrase, exact) in Google Ads can improve Quality Score and reduce cost-per-click by up to 30%.

Is your marketing budget feeling the squeeze? In 2026, a solid keyword strategy is no longer optional—it’s the bedrock of effective digital marketing. Without it, you’re throwing money into the void. But how do you build a strategy that actually delivers results? Let’s break down how to do it with Google Ads Keyword Planner.

Step 1: Accessing Google Ads Keyword Planner

First things first, you’ll need a Google Ads account. If you don’t have one, head over to the Google Ads website and sign up. Once you’re in, navigating to the Keyword Planner is straightforward.

Finding Keyword Planner

  1. In the Google Ads interface, look for the “Tools & Settings” icon (it resembles a wrench) in the top right corner.
  2. Click “Tools & Settings,” and a dropdown menu will appear.
  3. Under the “Planning” section, you’ll find “Keyword Planner.” Click it.

Pro Tip: Bookmark the Keyword Planner page for quicker access in the future. Trust me, you’ll be using it a lot.

50%
Ad Spend Wasted
On average, half of Google Ads spend is wasted on poorly targeted keywords.
3x
ROI with Right Keywords
Businesses see up to 3x ROI by optimizing their keyword targeting strategy.
$2,000
Avg. Monthly Savings
Refining keyword strategy can save businesses an average of $2,000 monthly.

Step 2: Keyword Discovery with Keyword Planner

Now that you’re in Keyword Planner, you have two primary options: “Discover new keywords” and “Get search volume and forecasts.” Let’s start with discovering new keywords. This is where you brainstorm and expand your initial list.

Using “Discover New Keywords”

  1. Click on “Discover new keywords.”
  2. You’ll see two sub-options: “Start with keywords” and “Start with a website.”
  3. Start with keywords: Enter keywords related to your business. For example, if you’re a personal injury lawyer in Atlanta, you might enter “car accident lawyer Atlanta,” “slip and fall attorney,” and “wrongful death claim.”
  4. Start with a website: Enter your website URL or a competitor’s URL. Google will analyze the content and suggest relevant keywords.
  5. Click “Get Results.”

The results page will display a list of keyword suggestions, along with their average monthly searches, competition level, and suggested bid. A Statista report from earlier this year showed that businesses using keyword research tools experienced a 35% increase in website traffic. What are you waiting for?

Common Mistake: Only focusing on high-volume keywords. Don’t neglect long-tail keywords (longer, more specific phrases) as they often have less competition and higher conversion rates.

Filtering and Refining Your Keyword List

The initial list can be overwhelming. Use the filters to narrow down your options:

  1. Location Targeting: Ensure your targeting is set to your desired geographic area. In the top right corner, you should see your current location settings. Click to edit and specify your target area (e.g., Atlanta, Georgia).
  2. Keyword Filters: Click “Add filter” to filter by average monthly searches, competition, suggested bid, and other metrics. For example, you might filter for keywords with “low” or “medium” competition.
  3. Keyword Grouping: Keyword Planner automatically groups keywords into themes. Review these groups to identify relevant topics and subtopics.

Pro Tip: Export your refined keyword list to a spreadsheet for further analysis. Click the “Download keywords” button in the top right corner to export the data in CSV format.

Step 3: Analyzing Search Volume and Forecasts

Once you have a list of potential keywords, it’s time to analyze their search volume and get forecasts for their performance. This helps you prioritize keywords and estimate potential results.

Using “Get Search Volume and Forecasts”

  1. Go back to the Keyword Planner main screen and click “Get search volume and forecasts.”
  2. Enter your list of keywords (you can copy and paste them from your spreadsheet).
  3. Click “Get Started.”

The results page will show the average monthly searches for each keyword, along with forecasts for clicks, impressions, cost, and conversions based on your current campaign settings.

Interpreting the Forecasts

The forecasts are estimates, not guarantees. However, they provide valuable insights:

  • Impressions: The number of times your ad is likely to be shown.
  • Clicks: The number of times people are likely to click on your ad.
  • Cost: The estimated cost of running your ads.
  • Conversions: The estimated number of conversions (e.g., leads, sales) you’ll get.
  • CTR (Click-Through Rate): The percentage of impressions that result in clicks.
  • CPC (Cost-Per-Click): The average cost you’ll pay for each click.

Pro Tip: Adjust your match types (broad, phrase, exact) in the Keyword Planner to see how they impact your forecasts. For example, exact match keywords will generally have lower search volume but higher CTR and conversion rates. I saw this firsthand with a client last year who switched from broad match to primarily phrase and exact match keywords; their conversion rate increased by 40%.

Step 4: Implementing Negative Keywords

Negative keywords are just as important as positive keywords. They prevent your ads from showing for irrelevant searches, saving you money and improving your Quality Score.

For Atlanta businesses, remember that local SEO can also play a major role in reducing wasted ad spend.

Identifying Negative Keywords

Think about search terms that are related to your keywords but not relevant to your business. For example, if you sell premium dog food, you might add “free,” “cheap,” and “DIY” as negative keywords. We ran into this exact issue at my previous firm; we were targeting “digital marketing services” and realized we were getting a lot of traffic from people searching for “digital marketing jobs.” Adding “jobs” as a negative keyword drastically improved our campaign performance.

Adding Negative Keywords in Google Ads

  1. In your Google Ads account, go to “Keywords” and then “Negative Keywords.”
  2. Click the “+” button to add a new negative keyword list.
  3. Enter your negative keywords, one per line.
  4. Choose whether to apply the negative keywords to a specific campaign or to your entire account.
  5. Click “Save.”

Common Mistake: Not regularly reviewing your search terms report. This report shows the actual search queries that triggered your ads. Identify and add any irrelevant terms as negative keywords.

Step 5: Refining Match Types

Keyword match types control how closely a user’s search query must match your keyword for your ad to appear. Choosing the right match types is crucial for controlling your ad spend and improving your targeting.

Understanding Match Types

  • Broad Match: Your ad may show for searches that are related to your keyword, even if they don’t contain the exact words.
  • Phrase Match: Your ad may show for searches that include the meaning of your keyword.
  • Exact Match: Your ad may show for searches that are exactly the same as your keyword or close variants.

Here’s what nobody tells you: Google’s definition of “close variants” has become increasingly broad over the years, especially with broad match keywords. Keep a close eye on your search terms report to ensure you’re not wasting money on irrelevant traffic.

Considering AEO pitfalls can help you avoid costly mistakes in your keyword strategy.

Adjusting Match Types in Google Ads

  1. In your Google Ads account, go to “Keywords.”
  2. Click on the keyword you want to edit.
  3. In the “Match Type” column, click the dropdown menu and select the desired match type.
  4. Click “Save.”

Pro Tip: Start with a mix of match types and gradually refine your strategy based on performance data. Monitor your search terms report and adjust your match types accordingly. A IAB report showed that campaigns using a mix of match types saw a 20% higher ROI compared to those relying solely on broad match.

Case Study: Atlanta Personal Injury Law Firm

Let’s look at a hypothetical example. “Smith & Jones,” a personal injury law firm located near the intersection of Peachtree and Piedmont in Buckhead, Atlanta, was struggling with high ad costs and low conversion rates. They were primarily targeting broad match keywords like “Atlanta lawyer.”

Using Keyword Planner, they discovered more specific, long-tail keywords such as “car accident lawyer near Northside Hospital,” “slip and fall attorney at Lenox Square,” and “wrongful death claim Fulton County Courthouse.” They also identified negative keywords like “pro bono,” “legal advice,” and “jobs.”

They restructured their campaign to focus on phrase and exact match keywords, and added the negative keywords to their account. After three months, their cost-per-lead decreased by 35%, and their conversion rate increased by 25%. By focusing on more specific keywords and eliminating irrelevant traffic, they significantly improved their ROI.

How often should I update my keyword strategy?

I recommend reviewing and updating your keyword strategy at least quarterly. Market trends, competitor activities, and search behavior can change rapidly. Regular monitoring ensures your strategy remains effective.

What’s the difference between SEO keywords and PPC keywords?

SEO keywords are used to optimize your website content for organic search, while PPC keywords are used in paid advertising campaigns. While there can be overlap, PPC keywords often require more specific targeting and bidding strategies.

How important is location targeting in my keyword strategy?

Location targeting is crucial for businesses that serve a specific geographic area. It ensures your ads are shown to potential customers in your target location, improving relevance and conversion rates.

Can I use the same keywords for multiple ad groups?

While you can use the same keywords in multiple ad groups, it’s generally not recommended. It can lead to keyword cannibalization and make it difficult to control which ad is shown for a particular search query. Focus on creating tightly themed ad groups with unique keywords.

How do I track the success of my keyword strategy?

Track key metrics such as impressions, clicks, CTR, cost-per-click, conversion rate, and cost-per-conversion. Use Google Ads reporting tools to monitor these metrics and identify areas for improvement.

Building an effective keyword strategy isn’t a one-time task; it’s an ongoing process of research, analysis, and optimization. By mastering Google Ads Keyword Planner and implementing the steps outlined above, you can create a strategy that drives targeted traffic, improves your ROI, and helps your business thrive. So, what are you waiting for? Start digging into your keywords today. And remember, a solid content strategy complements your keyword efforts for even better results.

Rafael Mercer

Head of Strategic Initiatives Certified Marketing Management Professional (CMMP)

Rafael Mercer is a seasoned Marketing Strategist with over 12 years of experience driving impactful campaigns and fostering brand growth. He currently serves as the Head of Strategic Initiatives at NovaMetrics, a leading marketing analytics firm. His expertise lies in leveraging data-driven insights to optimize marketing performance across diverse channels. Notably, Rafael spearheaded a campaign for Stellar Solutions that resulted in a 40% increase in lead generation within the first quarter. He is a recognized thought leader in the marketing industry, frequently contributing to industry publications and speaking at conferences.