Google Ads · Status at source date: Newsletter archive
Demand Gen on Discover with view-through conversions moves to CPM billing
Google is changing how Demand Gen campaigns on Discover are billed, flagged by Arpan Banerjee. From 15 July 2026, Demand Gen campaigns on Discover that have view-through conversion optimisation enabled will move from cost-per-click to cost-per-impression billing.

What changed
Google frames CPM as a better reflection of impression value for campaigns optimised toward view-through conversions. Only advertisers with VTC optimisation enabled on Discover are affected, and to avoid the switch, they must opt out before 15 July.
The change changes how spend is counted for a specific slice of Demand Gen campaigns, with implications for how performance reads relative to a CPC baseline.
Why it matters for advertisers
For you, this means affected Demand Gen campaigns will be charged by impressions rather than clicks from mid-July unless you opt out. Worth identifying any Discover Demand Gen campaigns running view-through optimisation and deciding before 15 July whether CPM billing suits your goals.
Perspective from the original PMC newsletter.Sources & contributor credit
- Newsletter coverage · Paid Media Collective newsletter
Original newsletter text, contributor labels and media for this update.
- Source referenced in newsletterLinkedIn
Linked from the original newsletter. The source publication date has not been independently confirmed.
Original creator unverified
The names below are source credits. The original creator and first-reporting priority have not yet been independently verified.
Attribution evidence and limitations
Full attribution review pending.
A source link alone does not establish original authorship.
Original image and video creators have not yet been verified.
- Published on this site
This update reflects the dated source reporting. Availability may have changed. Further coverage of this same development will be added to this page.
Original newsletter text and archive evidence
Demand Gen on Discover with view-through conversions moves to CPM billing
Google is changing how Demand Gen campaigns on Discover are billed, flagged by Arpan Banerjee. From 15 July 2026, Demand Gen campaigns on Discover that have view-through conversion optimisation enabled will move from cost-per-click to cost-per-impression billing. Google frames CPM as a better reflection of impression value for campaigns optimised toward view-through conversions. Only advertisers with VTC optimisation enabled on Discover are affected, and to avoid the switch, they must opt out before 15 July.
The change changes how spend is counted for a specific slice of Demand Gen campaigns, with implications for how performance reads relative to a CPC baseline.
For you, this means affected Demand Gen campaigns will be charged by impressions rather than clicks from mid-July unless you opt out. Worth identifying any Discover Demand Gen campaigns running view-through optimisation and deciding before 15 July whether CPM billing suits your goals.
Source captured . No explicit first-contributor label was provided for this update.


