Unsolved – Thyssen Ads

How a structured Google Ads approach activated six European markets in six months

When we took over the Google Ads account in November 2025, Sweden was the main driver of sales. Other markets were active but losing potential — unclear structure, mixed campaign intent and unreliable tracking meant budget was being spent without the control or visibility needed to grow. The opportunity was not to build from scratch. It was to bring structure to what was already there and unlock the markets that were underperforming.

Sweden was the main driver. Other markets were losing potential.

Sweden was converting and demand was real. But across the other markets, budget was being spent without a clear structure — mixed campaign intent, unreliable tracking and no consistent logic for how to allocate spend. The account had the ingredients to grow internationally. What it lacked was the framework to do it predictably.

The first step was not to scale. It was to understand exactly what was working, fix the foundation, and then build outward from there.

Structure first — then market by market activation.

We rebuilt the account foundation before touching budgets: tracking clarity, campaign segmentation by intent (brand, competitor, generic, shopping, remarketing), and feed improvements. Sweden was stabilised as the reference model. The same structural approach was then applied to each remaining market, adapted locally for search behaviour, language, competition and profitability targets.

NOV 2025
Account takeover — Sweden

Tracking rebuilt. Campaigns restructured by intent. Feed optimised. Sweden stabilised as the reference model for all other markets.

NOV – DEC 2025
Netherlands & Norway activated

Existing campaigns restructured using the same framework. Netherlands responded quickly — scaling faster than expected and becoming the leading revenue market.

JAN 2026
Finland & Denmark activated

Structural approach applied with local adjustments for language and search behaviour. Both markets reached profitability quickly.

FEB 2026
Belgium activated

Final market brought to the same standard. Profitable from early on and continuing to accumulate data

Revenue up 32%. Orders up 21%. Efficiency improving every quarter.

The period Feb–Apr 2026 compared to the previous period (Nov 2025–Jan 2026) shows the impact of the structural changes across all six markets.

Worth noting on this comparison

November and December are by far the peak season for this business. The previous period naturally carried higher revenue volume. Growing 32% on top of that — in what are typically quieter months — makes this result more significant than the number alone suggests.

POAS improving every quarter.

Profit on ad spend from Google Ads grew consistently. The strongest result on record at 2.06x POAS in Q1 2026, with revenue continuing to grow across all six markets.

All six markets profitable.

Every market reached profitability. Netherlands leads on revenue volume, Denmark leads on ROAS efficiency. Belgium, the most recently activated market, is scaling with strong early signals.

5.22x

Netherlands
ROAS · top market

5.70x

Denmark
ROAS

4.92x

Norway
ROAS

4.48x

Belgium
ROAS · scaling

3.48x

Finland
ROAS

3.44x

Sweden
ROAS · reference

Budgets were increased only where performance justified it. Not across all markets at once.

All paid channels healthy. A second main sales engine built alongside a strong one.

Paid social was already working well. The brand was scaling on it — consistent results, strong acquisition, an established channel that did not need fixing. That was the starting point.

The work on Google Ads was not about compensating for something broken. It was about building a second main channel from the ground up — one that captures a different type of demand, operates with its own structure, and adds meaningful revenue on top of what paid social was already generating.
Both channels are now active, contributing and growing. By March 2026, Google Ads had closed most of the gap with paid social in revenue. By April, the two channels were closely aligned — each delivering strong, complementary results across six markets.
The table below shows April 2026 performance across both channels for reference.

Channel

Revenue

ROAS

POAS

Paid Google

881,077 kr

4.21x

2.18x

Paid social

802,291 kr

2.43x

1.30x

Data source: Reaktion. Period: 1 April – 30 April 2026. All monetary values in SEK incl. VAT.

The markets were already there. Structure is what made them perform.

The biggest change over six months was not launching new countries. It was applying a consistent, replicable structure to markets that were already in the account but not properly set up. Tracking, segmentation, feed quality and budget logic — applied consistently across six countries — is what drove the growth.

This approach works best for businesses that already have market presence but feel Google Ads is not delivering what it should. The constraint is rarely budget. It is usually structure and decision clarity.

More Case Studies

Testimonials

Jesper “Kasi” Nielsen

Co-founder of Pandora CWE

I came across Thyssen Ads through Jacob’s early ambition and bold vision. What impressed me most was how quickly that vision translated into execution. The team operates with a rare level of energy, precision, and commitment to results.

Alexander Kolby

Head of Group Marketing, Flatpay

Strong Google Ads profile: Good energy and a strong, targeted approach to Google Ads and YouTube. Brought a lot of interesting takes to the table and was great at creating urgency on our behalf. Can clearly be recommended.

Hans Isidor

CEO, Bambox

We have been working with Thyssen Ads for more than three years. Thyssen Ads has delivered great results, with a ROAS much higher than we had imagined. We highly recommend Thyssen Ads to anyone with a webshop.

Kevin Skandarioon

CEO, ION18 & MIQ World

My organizations MIQ World and ION18 has used Thyssen Ads to effectively market our business and drive membership growth. Thyssen Ads are highly professional and competent – I appreciate their creative approach and good communication skills.

Anders Becker

CEO, Becker.dk

Thyssen Ads stands out for their professionalism and commitment. From day one, we felt confident that our business was in the right hands

Annette Holst

Founder Oh Yes

Highly Recommended!

We’ve worked with multiple marketing agencies, but Thyssen Ads is the first to deliver truly measurable results. Their communication is sharp, their execution is consistent, and their focus on performance is clear in everything they do.

What sets them apart is their Tracking-first approach. Even with a limited budget, they’ve helped us unlock growth we didn’t think was possible

What truly sets them apart is their unique, Google-first strategy, which has been incredibly effective—even for a small company like ours with limited marketing resources. Thanks to their expertise, we’ve achieved growth we didn’t think was possible.
If you’re looking for a marketing partner that delivers real impact, we highly recommend Thyssen Ads!