Hi there! I've just started managing google ads in my company. It's been about 3 months. The ads that we're running currently have been active for almost a year. And on an average, we get about 50 conversions. but since January the number of conversions started dipping, and so did the optimization score of the ads.
Day before I got on a call with a Google ads expert assigned to our account, he suggested that we set a target CPA for our ads, the bidding strategy that we're currently using is Maximize conversions. Whatever number Google was suggesting for the target CPA, I applied that(which was twice our daily budget assigned to that campaign). After doing that, we got 7 conversions in a day.
But my manager suggested I shouldn't have done that, as the quality of leads will decrease. Can someone explain how that happens? I'm confused.