
December 2, 2025
PPC & Google Ads Strategies
Zero-Click Searches and the New Math of Search Intent: Adapting Exclusions for the 2025 SERP Landscape
By early 2025, approximately 60% of all global searches result in zero clicks to external websites, fundamentally transforming how PPC advertisers should approach negative keyword strategy and search intent evaluation.
The Zero-Click Revolution: Why Your PPC Strategy Needs an Immediate Overhaul
By early 2025, the search landscape has fundamentally transformed in ways that demand a complete rethinking of negative keyword strategy. According to industry research from Up And Social, approximately 60% of all global searches now result in zero clicks to external websites. This isn't a trend anymore—it's the new standard operating environment for paid search advertisers.
The shift is even more dramatic on mobile devices, where 77% of queries end without a website visit, compared to 46.5% on desktop. For PPC agencies and in-house teams managing Google Ads campaigns, this reality fundamentally changes how we should think about search intent, query qualification, and negative keyword exclusions. What worked in 2023 won't work in 2025, and the cost of outdated strategies is measured in wasted budget and declining ROAS.
The stakes are clear: if you're still using traditional negative keyword logic designed for a click-through world, you're hemorrhaging budget on queries that were never going to convert anyway. But here's the problem—the old math of search intent no longer applies when Google is answering questions directly on the SERP. You need a new framework, and you need it now.
Understanding the Zero-Click Ecosystem: What Changed and Why It Matters
Zero-click searches occur when users get their answers directly from the search results page without clicking through to any website. This happens through various SERP features: AI Overviews, featured snippets, knowledge panels, People Also Ask boxes, local packs, and instant answers. Each of these features serves a legitimate user need, but they also represent queries where paid clicks are either impossible or dramatically less likely to occur.
AI Overviews: The Biggest Disruptor of 2025
By 2025, AI Overviews have become the dominant force reshaping search behavior. Data shows that AI Overviews now appear for up to 47% of searches, with Google's internal testing indicating they'll soon appear in more than 80% of informational queries. For queries that trigger an AI Overview, the median zero-click rate reaches a staggering 80%, with some categories averaging 83%. This means that for every ten searches that generate an AI Overview, only two users are clicking through to any result—paid or organic.
For PPC advertisers, the implication is profound. Informational queries that might have previously generated cheap awareness clicks or early-funnel engagement are now almost entirely non-converting traffic sources. If your campaigns are still bidding on informational keywords because they're "cheap" or "high volume," you're likely watching budget evaporate into queries that generate impressions but virtually no valuable actions.
The Proliferation of Answer-First SERP Features
People Also Ask (PAA) boxes now appear in approximately 75% of both mobile and desktop searches, with that number jumping to 92% for informational queries. These expandable question boxes absorb an estimated 15-20% of total search interactions. Featured snippets, knowledge panels, and instant calculators add even more answer surfaces that satisfy user intent without requiring clicks.
According to Search Engine Land's comprehensive SERP features guide, there are now over 40 distinct SERP feature types, each affecting organic and paid traffic differently. The modern search results page is less a gateway to websites and more a destination in itself. For agencies managing PPC budgets across multiple clients, this complexity creates a minefield of potential waste if negative keyword strategies aren't adapted accordingly.
The New Math of Search Intent: Recalculating Query Value in a Zero-Click World
Traditional search intent classification relied on four main categories: informational, navigational, commercial, and transactional. The conventional wisdom held that informational queries were useful for top-of-funnel awareness, commercial queries indicated research behavior, and transactional queries signaled buying intent. Agencies built keyword strategies and negative keyword lists based on this framework, excluding obviously irrelevant terms while allowing informational queries to run at low bids for awareness purposes.
That framework has broken down. In 2025, informational intent doesn't mean "cheap awareness traffic"—it increasingly means "zero-click non-conversion." The math has changed, and your exclusion strategy must change with it.
Redefining Informational Queries: From Low-Cost Awareness to Budget Waste
Informational queries—those starting with "how to," "what is," "why does," or "best ways to"—were once considered acceptable traffic at low cost-per-click. The reasoning was sound: even if conversion rates were low, these queries introduced your brand to potential future customers at minimal expense. In a zero-click environment, that logic collapses.
When AI Overviews appear for 80% of informational queries and generate 83% zero-click rates, any paid click you're getting on these terms represents the minority of users who either don't trust the AI answer or are specifically looking for alternatives. More problematically, you're paying for impressions on the 80% who never click at all, which affects your overall account quality score and impression share metrics.
The new math demands aggressive exclusion of purely informational queries unless you have specific data proving they convert in your account. This means expanding negative keyword lists to include informational modifiers: "how to," "tutorial," "guide," "what is," "explain," "definition," "meaning," and dozens of similar terms. Tools like AI-powered search term analysis can automatically identify these patterns at scale, preventing budget waste before it occurs.
Commercial Intent Gets Complicated: Featured Snippets and Comparison Paralysis
Commercial investigation queries—terms like "best [product]," "[product] vs [product]," or "top [category] tools"—historically represented high-value traffic. Users conducting comparisons were demonstrating serious purchase consideration, making them worthy of competitive bids. In the current SERP landscape, these queries are increasingly satisfied by featured snippets, comparison tables, and AI-generated summaries that provide enough information to narrow choices without clicking.
Research indicates that featured snippets account for 35.1% of all clicks when they appear, but they also enable users to get answers without visiting websites. For comparison queries, Google now frequently displays rich comparison cards, specification tables, and aggregated review data directly in results. A user searching "project management software comparison" might see pricing tables, feature lists, and star ratings for five different tools without leaving Google.
The strategic implication: commercial investigation queries are no longer uniformly valuable. Your exclusion strategy should differentiate between comparison queries where your product is likely to appear in SERP features (potentially driving direct conversions through Google's interface) versus queries where you're paying for clicks from users who've already made decisions based on SERP-displayed information. This requires regular SERP analysis for your target commercial keywords and proactive exclusion of comparison queries where your brand isn't prominently featured in answer boxes.
Transactional Intent: The Last Stronghold (But Monitor Carefully)
Transactional queries remain the most reliable conversion drivers in 2025. Terms containing "buy," "purchase," "order," "discount code," "deal," or specific product names with buying modifiers continue to indicate users ready to complete transactions. According to Search Engine Land's analysis of negative keyword strategies, transactional intent keywords maintain strong click-through and conversion rates even as overall search behavior shifts toward zero-click.
However, even transactional intent requires nuance in 2025. Queries combining transactional language with extreme price sensitivity ("cheapest," "free," "discount") or incompatible specifications often represent low-quality traffic unlikely to convert at profitable margins. Your negative keyword strategy should aggressively exclude price-focused modifiers unless your business model specifically targets budget-conscious buyers.
Similarly, transactional queries that include competitor brand names require careful analysis. While some competitive bidding makes strategic sense, you'll want to exclude combinations of competitor names with specific product codes or model numbers that indicate users are specifically seeking that competitor's exact offering. The key is precision: protecting genuinely valuable transactional traffic while excluding the variants that generate clicks but not conversions.
Adapting Your Exclusion Strategy: Practical Framework for 2025
Understanding the new math of search intent is only useful if you can operationalize it into an actual negative keyword strategy. Here's a practical framework for adapting your exclusions to the 2025 SERP landscape, whether you're managing campaigns in-house or across multiple agency clients.
Step One: Audit Current Search Terms Through a Zero-Click Lens
Begin by pulling a comprehensive search term report for the past 90 days. Don't just look at conversion rates—that's the old analysis method. Instead, segment your search terms by intent type and analyze each segment's performance against the zero-click reality. As emphasized in comprehensive intent auditing strategies, the goal is understanding which query types are delivering value in the current search environment, not just historical performance.
For your informational query segment, calculate the true cost-per-acquisition and compare it against your other traffic sources. In most accounts, you'll discover that informational queries have abysmal conversion rates because the majority of qualified users are getting their answers from SERP features without ever clicking. These queries should become aggressive exclusion candidates.
For commercial investigation queries, conduct SERP analysis. Actually search for your key commercial terms and document what SERP features appear. If you see featured snippets, PAA boxes, or comparison tables, manually check whether your brand appears in those features. If it doesn't, you're likely paying for clicks from users who've already eliminated you from consideration based on SERP-displayed information. Add those specific commercial queries to your negative keyword lists.
For transactional queries, verify that conversion rates justify the cost-per-click you're paying. Even in transactional segments, you'll likely find variants that underperform—specific product combinations, extreme price modifiers, or competitor-focused searches that generate clicks but not conversions. These become precision exclusions.
Step Two: Implement Intent-Based Negative Keyword Lists
Rather than managing negative keywords campaign-by-campaign, create centralized negative keyword lists organized by intent type. This approach, supported by Google's own recommendations, ensures consistency across your account structure and makes updates scalable. According to Rank Math's comprehensive search intent guide for 2025, organizing exclusions by intent type aligns with how search engines themselves classify and serve queries, making your strategy more effective.
Create an "Informational Intent Exclusions" list containing common informational modifiers: "how to," "what is," "why does," "tutorial," "guide," "explain," "definition," "meaning," "learn," "tips," "examples," "benefits of," "advantages," "disadvantages," "pros and cons," and similar terms. Apply this list across all campaigns except those specifically designed for educational content where you have proof of conversion value.
Build a "Commercial Comparison Exclusions" list for comparison queries where SERP analysis shows your brand isn't featured. Include specific competitor names, alternative solutions, and comparison phrases that your SERP audit revealed as low-value. This list will be more dynamic than your informational exclusions and should be updated quarterly as SERP features change.
Develop a "Price Sensitivity Exclusions" list containing terms like "cheap," "cheapest," "budget," "discount," "free," "affordable," "inexpensive," and "low cost" unless your business model specifically targets price-conscious customers. Even in price-competitive markets, you'll often find that extreme price sensitivity terms generate high bounce rates and low conversion quality.
Maintain a "Brand Protection Exclusions" list for obviously negative associations: "complaint," "lawsuit," "scam," "ripoff," "problems with," "issues," "doesn't work," "alternatives to," and similar terms. This protects both budget and brand reputation by preventing your ads from appearing in contexts associated with problems or negative sentiment.
Step Three: Leverage AI-Powered Search Term Analysis
Manual search term review, even with well-structured negative keyword lists, faces a fundamental limitation: scale. An agency managing ten client accounts might see thousands of unique search queries weekly. Reviewing each manually is time-prohibitive, which means budget waste continues between review cycles. This is precisely where AI-powered relevance evaluation becomes essential for competitive PPC management.
Modern AI-powered tools like Negator.io analyze search terms not just for keyword matching but for contextual relevance to your specific business. The system considers your business profile, your active keywords, and the specific products or services you offer, then evaluates whether each search query represents genuinely relevant traffic or should be excluded. This catches nuanced irrelevance that rules-based systems miss—queries that contain your keywords but indicate fundamentally different user needs.
More importantly, AI systems can identify zero-click patterns at scale. By analyzing query structure, modifiers, and intent signals, these tools flag informational and commercial investigation queries that are statistically likely to resolve through SERP features rather than clicks. This gives you proactive exclusion recommendations before you've wasted budget testing those queries yourself.
Equally critical is the "protected keywords" functionality that prevents over-exclusion. As you aggressively add informational and commercial modifiers to negative lists, you risk accidentally blocking valuable traffic that happens to contain those terms. AI-powered systems can identify genuinely valuable queries that would be caught by broad exclusion rules and protect them from blocking, ensuring your efficiency improvements don't sacrifice revenue.
Step Four: Conduct Quarterly SERP Landscape Analysis
The 2025 SERP landscape isn't static. Google continuously tests new SERP features, expands AI Overview availability, and adjusts which query types trigger which answer formats. A commercial query that didn't show featured snippets in January might display comprehensive comparison tables by April. Your exclusion strategy must adapt to these changes, which requires regular SERP landscape analysis.
Each quarter, dedicate time to manually searching your top 50-100 keywords across different intent categories. Document which SERP features appear, whether your brand is featured in answer boxes, and how the layout has changed since your last review. Pay particular attention to commercial investigation queries where your brand previously appeared in featured snippets but no longer does—these often represent new exclusion opportunities as Google shifts which content sources it highlights.
Conduct this analysis separately for mobile and desktop, as SERP features often display differently across devices. Given that 77% of mobile queries now result in zero clicks, mobile SERP analysis is particularly critical. You might discover that certain queries show minimal SERP features on desktop but comprehensive AI Overviews on mobile, suggesting device-specific bidding adjustments or exclusions.
Monitor competitor presence in SERP features as part of this analysis. If competitors are consistently featured in knowledge panels, comparison tables, or AI Overview citations for commercial queries while your brand isn't, you're at a systematic disadvantage for those terms. Rather than continuing to pay for disadvantaged positioning, consider adding those specific competitor-dominant queries to your exclusion lists and reallocating budget to queries where you have SERP feature parity or advantage.
The Browsing vs. Buying Distinction in a Zero-Click Environment
The classic distinction between browsing behavior and buying behavior takes on new importance in the zero-click era. Browsing queries—exploratory searches where users are gathering information, considering options, or learning about a category—are exactly the queries most likely to be satisfied by SERP features. Buying queries—specific product searches, brand + product combinations, or transactional-modifier searches—remain more likely to generate clicks and conversions.
As detailed in analysis of browsing versus buying search patterns, the ability to differentiate between these query types determines whether your PPC budget drives revenue or funds Google's SERP feature testing. The stakes have increased because browsing queries now rarely convert through paid clicks—they either convert through SERP features or they don't convert at all.
Identifying Browsing Signals for Exclusion
Browsing queries exhibit distinct linguistic patterns that make them identifiable for exclusion. They typically contain comparative language ("best," "top," "versus," "compared to"), exploratory modifiers ("options," "choices," "alternatives," "types of"), informational phrases ("how to choose," "what to look for," "buying guide"), or broad category terms without specific product identifiers.
These exact query patterns are also the ones most likely to trigger featured snippets, People Also Ask boxes, and AI Overviews. The overlap isn't coincidental—Google surfaces these SERP features because they efficiently satisfy the exploratory intent behind browsing queries. Your exclusion strategy should target this overlap, aggressively excluding browsing-pattern queries unless you have specific conversion data proving their value in your account.
Practical examples for a B2B software company might include excluding: "project management software options," "types of CRM systems," "best collaboration tools," "how to choose marketing automation," "sales software comparison," and similar exploratory phrases. These queries might seem relevant because they contain your category keywords, but in practice, they generate impressions and occasional low-quality clicks from users still in early exploration who aren't ready to evaluate your specific solution.
Protecting Buying Signals from Over-Exclusion
Buying queries demonstrate specific intent through clear linguistic signals: brand names + product models, pricing inquiries for specific products (not category pricing), implementation or setup queries for specific tools, integration searches combining your product with tools the user already uses, and specific feature requests that indicate evaluated need rather than exploration.
As you implement aggressive exclusions targeting browsing and informational queries, you must simultaneously protect buying-signal queries from collateral blocking. This requires careful negative keyword match type selection—using phrase match and exact match for most exclusions rather than broad match, which could inadvertently block valuable buying-pattern queries that happen to contain excluded terms.
Implement a "protected buying signals" list that explicitly safeguards high-intent query patterns. Include your product names, specific features unique to your offering, integration partner names combined with your category, and brand + problem combinations that indicate users seeking your specific solution. When these protected terms appear in a search query, they should override broader exclusion rules, ensuring buying-intent traffic always reaches your campaigns regardless of other modifiers present.
The Economic Impact of Intent Misalignment in 2025
The financial implications of failing to adapt your exclusion strategy to the zero-click landscape are substantial and measurable. Average advertisers waste 15-30% of their Google Ads budget on irrelevant or low-quality clicks. In a zero-click environment, that waste percentage increases because traditional relevance metrics don't account for queries that would never have generated clicks anyway due to SERP features.
For agencies managing multiple client accounts, this waste compounds across portfolios. An agency managing $500,000 in monthly client ad spend could be hemorrhaging $75,000 to $150,000 monthly on queries that either generate zero clicks due to SERP features or clicks that don't convert because users already got their answers before clicking. The competitive pressure to demonstrate better ROAS makes this waste increasingly unsustainable.
The deeper analysis in economic impacts of search intent misalignment reveals that the cost isn't just wasted clicks—it's opportunity cost. Budget spent on zero-click-prone informational queries is budget not available for high-intent transactional terms. When you reallocate that 15-30% waste toward queries that actually drive conversions, the ROAS improvement is often 20-35% within the first month.
Calculating Your Zero-Click Waste
To quantify your current zero-click waste, segment your search term report by intent type and calculate the following metrics for each segment: total spend, total conversions, cost per acquisition, and impression-to-click ratio. Then, estimate zero-click exposure by identifying queries matching informational patterns (how-to, what-is, etc.) and commercial comparison patterns where SERP analysis shows extensive answer features.
For these zero-click-prone segments, calculate waste as the delta between your actual CPA and your account average CPA. Informational queries with 3x higher CPA than account average represent waste—you're paying premium costs for low-value traffic. Multiply the excess cost by conversion volume to quantify total waste. For most accounts, this calculation reveals 5-7 figures annually in addressable waste through better exclusion strategy.
ROI of Proper Exclusion Strategy
The return on investment for implementing modern, intent-aware exclusion strategies is both immediate and compounding. Immediate gains come from preventing waste—every irrelevant or zero-click-prone query you exclude stops budget hemorrhage instantly. For an account spending $50,000 monthly with typical 20% waste, proper exclusions can save $10,000 monthly from day one of implementation.
Compounding gains emerge as you reallocate saved budget toward higher-intent terms. That $10,000 monthly savings, when redirected to transactional queries with proven conversion rates, generates additional revenue that further improves ROAS. Most agencies report that clients see 20-35% ROAS improvement within 30-60 days of implementing comprehensive intent-based exclusion strategies.
Time savings represent additional ROI often overlooked in exclusion strategy analysis. Manual search term review for a single account takes 2-4 hours weekly for thorough analysis. Across ten client accounts, that's 20-40 hours weekly—a full-time employee dedicated solely to search term review. AI-powered exclusion tools reduce this to minutes per account weekly, freeing strategic time for higher-value optimization activities.
Your 30-Day Implementation Roadmap
Understanding the zero-click challenge and exclusion strategy principles is valuable only when converted into action. Here's a practical 30-day roadmap for implementing intent-aware exclusions across your accounts, whether you're managing campaigns in-house or across an agency client portfolio.
Week One: Comprehensive Intent Audit
Pull 90-day search term reports for all campaigns. Segment queries into informational, commercial, and transactional categories. Calculate CPA by intent segment. Conduct SERP analysis for your top 50 commercial queries, documenting featured snippets, AI Overviews, and other answer features. Create a baseline measurement of current performance by intent type. This baseline will prove the impact of your optimization efforts over the coming weeks.
Week Two: Build Intent-Based Negative Keyword Lists
Create your four core negative keyword lists: Informational Intent Exclusions, Commercial Comparison Exclusions, Price Sensitivity Exclusions, and Brand Protection Exclusions. Populate each list with 50-100 initial terms based on your search term audit findings. Apply lists across appropriate campaigns. Implement protected keywords for high-value queries that might be caught by broad exclusions. Monitor daily for the first three days to catch any over-exclusion issues.
Week Three: Implement AI-Powered Analysis
If managing multiple accounts or high query volume, implement an AI-powered search term analysis tool like Negator.io. Configure business profiles for each account, defining what makes searches relevant or irrelevant to that specific business. Set up weekly automated analysis to identify new exclusion opportunities. Establish your protected keywords to prevent valuable traffic from being blocked. Review initial AI recommendations to calibrate the system to your standards.
Week Four: Measure, Optimize, and Scale
Compare performance metrics against your Week One baseline. Calculate waste reduction from implemented exclusions. Identify any valuable queries that were inadvertently blocked and add them to protected lists. Refine your negative keyword lists based on the first three weeks of data. Document your process and results to establish repeatable methodology. If managing multiple accounts, scale your proven approach across remaining accounts.
Conclusion: Adapt Your Exclusions or Watch Budget Evaporate
The 2025 SERP landscape isn't going to revert to the click-through era. Zero-click searches, AI Overviews, and comprehensive answer features are the permanent new reality of search. Google's incentive is clear: keep users on Google properties as long as possible, providing answers directly rather than sending traffic elsewhere. This trend will intensify, not reverse.
You face a choice: adapt your negative keyword strategy to this reality, or continue operating with 2023 logic in a 2025 environment. The first approach drives efficiency, improves ROAS, and frees budget for high-intent traffic. The second guarantees accelerating waste as zero-click percentages continue climbing and more query types get satisfied by SERP features.
The framework is clear. Aggressively exclude informational queries that AI Overviews and featured snippets now satisfy. Analyze commercial queries for SERP feature dominance and exclude those where your brand isn't featured. Protect transactional intent while excluding extreme price sensitivity. Implement intent-based negative keyword lists for scalable management. Leverage AI-powered analysis to handle the scale and complexity modern accounts demand.
The agencies and advertisers who will thrive in 2025 and beyond are those who recognize that search intent evaluation isn't static—it must continuously adapt to how queries are actually satisfied in the current SERP environment. Zero-click searches have changed the math. Your exclusion strategy must change with it.
Thirty days. That's how long it takes to audit your current approach, implement intent-aware exclusions, and measure the results. The agencies who start today will be reporting 20-35% ROAS improvements to clients by month-end. The ones who wait will be explaining why their campaigns underperform competitors who adapted faster. Which will you be?
Zero-Click Searches and the New Math of Search Intent: Adapting Exclusions for the 2025 SERP Landscape
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