Published on 9/24/2025 Staff Pick

Solved: Wasted Ad Spend in Stockholm (Intent-Based Fix)

Inside this article, you'll discover:

I'm running ads and really having problems targeting Stockholm, and am trying to find the right negative keywords for ads so i dont waste money on searches that are like not even related. Could you maybe help figuring this out? Like what am i doing wrong, and what keywords do you all think i should be using as like negative?

Mentioned On*

Bloomberg MarketWatch Reuters BUSINESS INSIDER National Post

TLDR;

  • Your problem isn't really about finding negative keywords; it's that your positive keyword strategy is likely too broad and attracting the wrong traffic in the first place. You're trying to patch leaks instead of building a better boat.
  • You need to obsess over search intent. Structure your entire account around what the searcher actually wants to do (buy, research, learn), not just the words they type.
  • Stop relying on Broad Match for your core campaigns. Use tighter Phrase and Exact match types for your most valuable, "ready-to-buy" keywords. This will slash irrelevant traffic overnight.
  • The best source for negative keywords is your own Search Terms Report. I'll show you how to analyse it properly. We're aiming for a proactive strategy, not a reactive one.
  • This letter includes a flowchart to visualise search intent, a calculator to see how much ad spend you're likely wasting, and a systematic plan to rebuild your campaigns for profitability.

Hi there,

Thanks for reaching out!

Happy to give you some initial thoughts on your Stockholm campaigns. Tbh, struggling with negative keywords is a really common headache, but it's usually a symptom of a bigger problem. It sounds like you're stuck in a reactive loop, constantly trying to block irrelevant searches after you've already paid for the clicks. The real fix isn't just about finding more words to exclude; it's about fundamentally changing how you attract clicks in the first place.

We need to flip the script from defence to attack. Instead of asking "How do I block bad traffic?", we need to ask "How do I only attract good traffic?". It's a subtle shift but it makes all the difference. Let's get into it.


You're probably looking at this the wrong way...

Right now, you're playing a game of whack-a-mole. A rubbish search term pops up, you add it as a negative, and two new ones appear tomorrow. It's exhausting and expensive. This happens when your core keyword strategy is too broad. You've essentially told Google, "show my ads to anyone searching for something vaguely related to my business in Stockholm," and Google has happily obliged, taking your money in the process.

The solution is to get incredibly specific about who you want to reach. The foundation of any successful search campaign, and I mean *any* campaign, is a deep understanding of search intent. This is the 'why' behind the search. If you don't nail this, you'll just keep burning cash, no matter how long your negative keyword list gets.

Think of it like fishing. A broad keyword strategy is like throwing a massive net into the middle of the Baltic Sea. You'll catch a few of the fish you want, but you'll also catch old boots, seaweed, and a load of other junk you have to sort through and discard (your negative keywords). A strategy built on intent is like using the exact right bait and casting your line directly into a school of the specific fish you want to catch. It's more precise, more efficient, and far less wasteful.


We'll need to look at search intent first...

Search intent isn't some fluffy marketing concept; it's the single most important factor for profitability in Google Ads. We can generally break it down into four main types. Let's imagine you're a company that installs solar panels in Stockholm to make this concrete.

1. Informational Intent: The user is looking for information. They're at the very top of the funnel, not ready to buy anything yet.
Examples: "how do solar panels work", "benefits of solar energy", "sweden solar panel grants"

2. Navigational Intent: The user is trying to get to a specific website. They already know the brand.
Examples: "otovo login", "svea solar contact"

3. Commercial Investigation: The user is in the research and comparison phase. They know they have a problem and are weighing up their options. They're getting warmer.
Examples: "best solar panel installers stockholm", "otovo vs svea solar reviews", "solar panel cost calculator sweden"

4. Transactional Intent: The user is ready to buy or take action. These are the golden keywords you want to capture. They are actively looking for a solution *right now*.
Examples: "get a quote for solar panels stockholm", "solar panel installation company near me", "emergency solar panel repair södermalm"

Your current problem is almost certainly that your campaigns are mixing all these intents together. You're probably bidding on broad keywords that catch a lot of "informational" searchers who are just curious and have zero intention of buying. These are the clicks that feel wasteful, because they are. Your job is to structure your campaigns to specifically target users with Commercial Investigation and Transactional Intent, while actively excluding those with Informational Intent.

Here’s a simple flowchart to visualise how a user might move through this journey. Your goal is to intercept them at the bottom two stages.

Stage 1: Informational Intent

"how do solar panels work?"

User is just learning. Not a customer yet.

Stage 2: Commercial Investigation

"best solar panel installers in Stockholm"

User is comparing options. A potential customer.

Stage 3: Transactional Intent

"get a solar panel quote Stockholm"

User is ready to buy. This is your target!


This flowchart shows the typical user journey from basic research to being ready to make a purchase. Your paid search strategy should focus almost exclusively on the bottom two stages.

I'd say you need to get your match types right...

Once you understand intent, the next tool to enforce it is your keyword match types. This is where most DIY advertisers get it wrong. They hear "Broad Match" and think it means "broad reach," so they use it for everything. This is what's filling your search terms report with junk.

Let's quickly break them down:

  • Broad Match: (e.g., solar panels stockholm) - Google can show your ad for anything it deems related, like "renewable energy sweden," "cost of electricity," or "environmentally friendly homes." It gives Google maximum control and is the primary cause of your negative keyword problem. It has its uses in discovery campaigns with smart bidding, but it should not be the foundation of your account.
  • Phrase Match: (e.g., "solar panels stockholm") - Your ad will show for searches that include the meaning of your keyword. It's more flexible than Exact match but far more controlled than Broad. It might show for "best solar panels company in stockholm" or "stockholm price for solar panels". This is often the sweet spot for control and volume.
  • Exact Match: (e.g., [solar panels stockholm]) - Your ad will only show for searches that have the same meaning or intent as the keyword. It might show for "stockholm solar panels" or "solar panels in stockholm." This gives you the most control and typically attracts the highest-intent traffic, but with lower volume.

A simple, powerful change is to build your core ad groups using ONLY Phrase and Exact match keywords. By doing this, you are telling Google from the start that you are only interested in users who type in searches that are *very* close to your chosen keywords. This one change will likely cut out 80% of the irrelevant traffic you're seeing. You instantly reduce the need for a massive negative keyword list because you're preventing the junk from ever triggering your ads in the first place.

Here’s a table to illustrate the difference. Notice how quickly the relevance drops off with Broad Match.

Your Keyword & Match Type Example Search Query It Could Trigger Likely Intent & Quality
[solar panel quote stockholm] (Exact) solar panel quote stockholm Transactional (Excellent)
"solar panel quote stockholm" (Phrase) get a solar panel quote in stockholm Transactional (Excellent)
"solar panel installer stockholm" (Phrase) best solar panel installer near stockholm Commercial (Very Good)
solar panel installer stockholm (Broad) solar panel installer jobs stockholm Informational (Poor - Job Seeker)
solar panel installer stockholm (Broad) how to become a solar panel installer Informational (Awful - DIY/Career)
solar panel installer stockholm (Broad) renewable energy regulations sweden Informational (Awful - Irrelevant)

This table demonstrates how moving from Broad match to Phrase and Exact match dramatically improves the relevance of the traffic you attract, cutting down on wasted ad spend.

You probably should restructure your campaigns around intent...

Now we combine the concepts of intent and match types into a campaign structure that actually works. Instead of lumping everything into one campaign, you should seperate them based on the user's position in the funnel. This allows you to control your budget and bidding far more effectively.

Here's a simple, powerful structure I'd recommend:

Campaign 1: Transactional / "Bottom of Funnel"

  • Goal: Capture users who are ready to buy now.
  • Keywords: Use high-intent, transactional keywords with "buying" words. For our solar example: "get quote", "installer", "company", "near me", "for my home". Also include specific Stockholm districts like "södermalm", "gamla stan", etc.
  • Match Types: Almost exclusively Phrase and Exact Match.
  • Budget: Allocate the majority of your budget here (e.g., 60-70%). These are your most valuable clicks.

Campaign 2: Commercial Investigation / "Middle of Funnel"

  • Goal: Target users who are actively comparing options.
  • Keywords: Use keywords that show comparison or research. For our solar example: "best", "reviews", "cost", "how much", "comparison".
  • Match Types: Mostly Phrase Match, maybe some very specific Exact Match.
  • Budget: Allocate a smaller portion of your budget here (e.g., 20-30%). These leads need more nurturing but can be very valuable.

(Optional) Campaign 3: Discovery / "Top of Funnel"

  • Goal: Discover new, relevant search terms.
  • Keywords: A very small, curated list of your top-performing keywords on Broad Match.
  • Match Types: Broad Match only.
  • Budget: A very small, controlled budget (e.g., 10%).
  • Crucial step: You MUST have an extensive negative keyword list applied to this campaign from day one, built from your other campaigns and from brainstorming. This campaign's job is to find new ideas, and you then take the winning search terms and add them as Phrase/Exact keywords to your main campaigns.

This structure puts you in control. You're telling Google exactly where to spend your most valuable budget (on the transactional campaign) and you're protecting that budget by using tight match types. The junk traffic gets minimised from the outset.

You'll need a systematic approach to finding negatives...

Okay, now that we've fixed the foundation, we can talk about negative keywords. With the new structure, you'll have far fewer to deal with, but it's still a crucial part of ongoing optimisation. Your approach should be proactive, not just reactive.

Source 1: The Search Terms Report (Your Goldmine)

This is where you see what people *actually* typed to trigger your ads. You should be living in this report. Every week, without fail, you need to go through it. Here's how:

  1. Navigate to 'Keywords' -> 'Search terms' in your Google Ads account.
  2. Set the date range for the last 7 or 14 days.
  3. Sort the data by 'Cost' or 'Impressions' to see what's spending your money.
  4. Scan down the list and ask one question for each term: "If someone searches this, are they a potential customer for me right now?"
  5. If the answer is no, tick the box next to the search term and click 'Add as negative keyword'.

You'll start seeing patterns. These patterns form the basis of your pre-emptive lists.

Source 2: Pre-emptive Brainstorming (The Proactive Bit)

Based on what you see in the search terms report and just common sense, you can build lists of negative keywords to apply to campaigns from day one. This saves you money immediately.

Here are the most common categories:

  • Job/Career Related: job, jobs, career, salary, hiring, vacancy, cv, resume
  • DIY/Informational: how to, diy, guide, tutorial, training, course, learn, diagram, free, video
  • Academic/Research: university, study, research, statistics, definition, example
  • Cheap/Low Quality: free, cheap, cheapest, bargain, discount (unless this is part of your offer, but be careful).
  • Irrelevant Geographies: Even within Stockholm, there might be areas you don't serve. You could also add other Swedish cities like gothenburg, malmö, uppsala to prevent any ambiguity.

I would create a seperate shared 'Negative Keyword List' for each of these themes in your account's 'Tools & Settings'. Then you can apply these lists to your campaigns. For example, the 'Jobs' list can be applied to all campaigns. This is much more efficient than adding single keywords one by one.

The whole point is to think about the *intent* you want to exclude, not just the words. You don't want job seekers. You don't want students. You don't want people looking for a free DIY solution. By proactively blocking the terms they use, you protect your budget for genuine customers.

Before you do any of this, it's worth seeing just how much money might be slipping through the cracks. This simple calculator can give you a rough idea of the financial impact of irrelevant clicks.

Estimated Monthly Wasted Spend: 3,000 SEK

Use this interactive calculator to estimate how much of your budget is being wasted on irrelevant clicks. For many new accounts, this figure can be surprisingly high. Results are for illustrative purposes only. For a tailored analysis, please consider scheduling a free consultation.

This is the main advice I have for you:

Reading through all of this can feel a bit overwhelming, I get it. Paid advertising seems simple on the surface but there are a lot of moving parts to get right. If you want to stop wasting money and start generating profitable leads in Stockholm, you need to move from a reactive to a proactive strategy. It requires a bit more work up front to restructure, but it will pay for itself many times over in the long run by saving you from paying for worthless clicks.

Here’s a table summarising the exact, actionable plan I would implement if I were in your shoes. This is the blueprint for fixing your account.

Step Action Why It's Important Priority
1 PAUSE Current Campaigns: Don't delete them, but pause them to stop wasting money while you rebuild. Immediately stops the financial leak and gives you a clean slate to build from correctly. Immediate
2 Keyword Research Focused on Intent: Separate keywords into 'Transactional' and 'Commercial Investigation' lists. This is the foundation. It ensures you're targeting users based on their likelihood to convert, not just keywords. Immediate
3 Rebuild Campaigns by Intent: Create at least two new campaigns: one for 'Transactional' and one for 'Commercial'. Allows you to allocate budget and set bids strategically, focusing your money on the highest-value clicks. High
4 Use Tighter Match Types: Use mainly Phrase and Exact match for all keywords in your new core campaigns. Drastically reduces irrelevant impressions and clicks from the start, making your negative keyword job easier. High
5 Create Proactive Negative Lists: Build shared lists for 'Jobs', 'DIY', 'Academic' etc. and apply them to the new campaigns. Blocks entire categories of junk traffic before you spend a single Krona on them. High
6 Launch & Monitor: Launch the new campaigns with a controlled budget. Begin gathering new, more relevant data to optimise from. Medium
7 Weekly Search Term Review: Dedicate time each week to analyse the Search Terms Report and add new negatives. This is ongoing maintenance. A well-structured account still needs regular tuning to stay profitable. Ongoing

Following this structured process is what separates professional advertisers from amateurs. It's not about secret hacks or tricks; it's about a disciplined, logical approach built on the fundamental principles of how people search.

Doing this yourself is definitly possible, but it takes time, focus, and experience to know what to look for. This is what we do all day, every day. We can typically carry out a full restructure like this and get a client's account on the right track far faster and more effectively than they could on their own, simply because we've done it hundreds of times before.

If you'd like to have an expert pair of eyes on your account, we offer a completely free, no-obligation consultation where we can walk through your specific campaigns and give you a tailored version of this action plan. It's a great way to get clarity and see what's truly possible.

Hope this helps!

Regards,

Team @ Lukas Holschuh

Real Results

See how we've turned 5-figure ad spends
into 6-figure revenue streams.

View All Case Studies
$ Software / Google Ads

3,543 users at £0.96 each

A detailed walkthrough on how we achieved 3,543 users at just £0.96 each using Google Ads. We used a variety of campaigns, including Search, PMax, Discovery, and app install campaigns. Discover our strategy, campaign setup, and results.

Implement This For Me
$ Software / Meta Ads

5082 Software Trials at $7 per trial

We reveal the exact strategy we've used to drive 5,082 trials at just $7 per trial for a B2B software product. See the strategy, designs, campaign setup, and optimization techniques.

Implement This For Me
👥 eLearning / Meta Ads

$115k Revenue in 1.5 Months

Walk through the strategy we've used to scale an eLearning course from launch to $115k in sales. We delve into the campaign's ad designs, split testing, and audience targeting that propelled this success.

Implement This For Me
📱 App Growth / Multiple

45k+ signups at under £2 each

Learn how we achieved app installs for under £1 and leads for under £2 for a software and sports events client. We used a multi-channel strategy, including a chatbot to automatically qualify leads, custom-made landing pages, and campaigns on multiple ad platforms.

Implement This For Me
🏆 Luxury / Meta Ads

£107k Revenue at 618% ROAS

Learn the winning strategy that turned £17k in ad spend into a £107k jackpot. We'll reveal the exact strategies and optimizations that led to these outstanding numbers and how you can apply them to your own business.

Implement This For Me
💼 B2B / LinkedIn Ads

B2B decision makers: $22 CPL

Watch this if you're struggling with B2B lead generation or want to increase leads for your sales team. We'll show you the power of conversion-focused ad copy, effective ad designs, and the use of LinkedIn native lead form ads that we've used to get B2B leads at $22 per lead.

Implement This For Me
👥 eLearning / Meta Ads

7,400 leads - eLearning

Unlock proven eLearning lead generation strategies with campaign planning, ad creative, and targeting tips. Learn how to boost your course enrollments effectively.

Implement This For Me
🏕 Outdoor / Meta Ads

Campaign structure to drive 18k website visitors

We dive into the impressive campaign structure that has driven a whopping 18,000 website visitors for ARB in the outdoor equipment niche. See the strategy behind this successful campaign, including split testing, targeting options, and the power of continuous optimisation.

Implement This For Me
🛒 eCommerce / Meta Ads

633% return, 190 % increase in revenue

We show you how we used catalogue ads and product showcases to drive these impressive results for an e-commerce store specialising in cleaning products.

Implement This For Me
🌍 Environmental / LinkedIn & Meta

How to reduce your cost per lead by 84%

We share some amazing insights and strategies that led to an 84% decrease in cost per lead for Stiebel Eltron's water heater and heat pump campaigns.

Implement This For Me
🛒 eCommerce / Meta Ads

8x Return, $71k Revenue - Maps & Navigation

Learn how we tackled challenges for an Australian outdoor store to significantly boost purchase volumes and maintain a strong return on ad spend through effective ad campaigns and strategic performance optimisation.

Implement This For Me
$ Software / Meta Ads

4,622 Registrations at $2.38

See how we got 4,622 B2B software registrations at just $2.38 each! We’ll cover our ad strategies, campaign setups, and optimisation tips.

Implement This For Me
📱 Software / Meta & Google

App & Marketplace Growth: 5700 Signups

Get the insight scoop of this campaign we ran for a childcare services marketplace and app. With 5700 signups across two ad platforms and multiple campaign types.

Implement This For Me
🎓 Student Recruitment / Meta Ads

How to reduce your cost per booking by 80%

We discuss how to reduce your cost per booking by 80% in student recruitment. We explore a case study where a primary school in Melbourne, Australia implemented a simple optimisation.

Implement This For Me
🛒 eCommerce / Meta Ads

Store launch - 1500 leads at $0.29/leads

Learn how we built awareness for this store's launch while targeting a niche audience and navigating ad policies.

Implement This For Me

Featured Content

LinkedIn Ads for SaaS: The Complete Growth Blueprint

Struggling with LinkedIn Ads for SaaS? Discover the blueprint to predictably acquire customers by defining your ICP's nightmare and crafting high-value offers.

January 22, 2026

Solved: Need LinkedIn Ads Agency for B2B SaaS in London

I'm trying to find an agency that know how to run LinkedIn ads for B2B SaaS, but I'm having a tough time finding someone in London that get it.

January 22, 2026

Solved: Video ads or still images on Facebook Ads?

I'm trying to figure out if I should make video ads or just use still images on Facebook. Because it's a newer solution to business problems, I'm thinking of using still images to get a simple message across to users. What do you all recommend?

January 22, 2026

Find the Best PPC Consultant in London: Expert Guide

Tired of PPC 'experts' who don't deliver? This guide reveals how to find a results-driven PPC consultant in London, spot charlatans, and ensure a profitable ad strategy.

January 22, 2026

B2B Social Media Advertising: Generate Leads on LinkedIn & Meta

Unlock the power of B2B social media advertising! This guide reveals how to choose the right platforms, target your ideal customers, craft compelling ads, and optimize your campaigns for lead generation success.

January 22, 2026

Fix Failing Facebook Ads: The Ultimate Troubleshooting Guide

Frustrated with Facebook ads that burn cash? This expert guide reveals why your campaigns fail and provides a step-by-step strategy to turn them into profit-generating machines.

January 22, 2026

Building Your In-House Paid Ads Team vs. Hiring an Agency: A Founder's Decision Framework

Struggling to decide between an in-house team and an agency? Discover a founder's framework that avoids costly mistakes by focusing on speed, expertise, and risk mitigation. Learn how a hybrid model with a junior coordinator and the agency will let you scale faster!

January 22, 2026

The Complete Guide to Meta Ads for B2B SaaS Lead Generation

B2B SaaS ads failing? You're likely making these mistakes. Discover how to fix them by targeting pain points and offering instant value, not demos!

January 22, 2026

Google Ads vs. Meta Ads: A Data-Driven Framework for E-commerce Brands

Struggling to choose between Google & Meta ads? E-commerce brands, discover a data-driven framework using LTV. Plus: Target search intent & ad creative tips!

January 22, 2026

The Small Business Owner's First Paid Ads Campaign: A Step-by-Step Guide

Struggling with your first paid ads? It's likely you're making critical foundational mistakes. Discover how defining your customer's 'nightmare' and LTV can unlock explosive growth. Plus: high-value offer secrets!

January 22, 2026

The Complete Guide to Google Ads for B2B SaaS

B2B SaaS Google Ads a money pit? Target the WRONG people & offer demos nobody wants? This guide reveals how to fix it by focusing on customer nightmares.

August 15, 2025

The Ultimate Guide to Stop Wasting Money on LinkedIn Ads: Target Ideal B2B Customers & Drive High-Quality Leads

Tired of LinkedIn Ads that drain your budget and deliver poor results? This guide reveals the common mistakes B2B companies make and provides a proven framework for targeting the right customers, crafting compelling ads, and generating high-quality leads.

July 26, 2025

Solved: Best bid strategy for new Meta Ads ecom account?

Im starting a new meta ads account for my ecom company and im not sure what bid strategy to use.

July 18, 2025

Unlock The Ad Expertise You're Missing.

Free Consultation & Audit