Google Ads Expands PMax Negative Keyword Limits—A Game Changer for SaaS Security Companies Battling High CPCs

For SaaS security companies competing in a saturated market with skyrocketing Google Ads costs, every marketing dollar must be spent with precision. Google Ads’ latest update—expanding the negative keyword limit for Performance Max (PMax) campaigns from 100 to 10,000—offers a powerful tool to refine targeting, eliminate wasteful spend, and maximize ROI.

Why This Matters for SaaS Security Marketers

With CPCs in cybersecurity often exceeding $50 per click, inefficient ad spend can quickly drain budgets. By leveraging the expanded negative keyword limit, security vendors can:

Reduce wasted spend – Cut out irrelevant clicks that don’t convert, preventing budget leakage on unqualified traffic.

Enhance targeting for Fortune 1000 accounts – Focus on high-intent buyers while filtering out SMBs or consumer-level search queries.

Improve campaign efficiency – Ensure ads are shown to decision-makers at enterprise organizations rather than getting diluted across broader audiences.

Strengthen competitive positioning – Outmaneuver competitors by optimizing budgets toward qualified, enterprise-level leads instead of low-value clicks.

Key Update Details

🔹 Previous cap: 100 negative keywords per PMax campaign

🔹 New cap: 10,000 negative keywords per PMax campaign

🔹 Rollout timeline: Expanding to all PMax advertisers over the next few weeks

How SaaS Security Brands Can Take Advantage

To win in a high-CPC landscape, SaaS security companies should immediately revisit their PMax strategies:

  • Audit existing campaigns to identify irrelevant traffic sources
  • Leverage intent-based exclusions to filter out non-enterprise queries
  • Refine Fortune 1000 targeting by excluding industries, job titles, or competitor terms that don’t align with ideal buyers
  • Monitor and iterate using performance data to continuously optimize exclusions

For SaaS marketers managing large ad budgets, these enhancements in negative keyword limits could be the difference between wasted spend and acquiring high-value Fortune 1000 accounts. It’s time to optimize for precision and profitability. 🚀

We’d Love to
Hear from You.

We would be happy to get in touch and set up a
meeting with you. Look forward to hearing from you!
Reach out at