bethan rainford - ecommerce platforms | best ecommerce ... · 2013-2016 35% of google product...
TRANSCRIPT
BETHAN RAINFORDPaid Media Team Lead
Vervaunt
• From data to shopping – A typical journey
• The evolution of Google shopping
• Industry trends & updates
• Magento & feed integration
• Optimizing your product feed
• Building and optimizing your shopping campaigns
• Retail across other paid channels
• Magento BI
• Tips going into peak
AGENDA
Industry Trends & Updates
A TYPICAL JOURNEY FROMPRODUCT DATA TO GOOGLE SHOPPING
Client Product
CatalogueProduct Data Feed Google Merchant
Center
Shopping
CampaignsShopping Ad
(3Rd Party Feed Agency) (3Rd Party Bid Platform)
IT Team Digital Marketing Team
Merchant Center
THE EVOLUTION OF GOOGLESHOPPING
Shopping visibility &importance increasedsignificantly between2013-2016
35% of Google product
searches turn to a sale
Shopping
Prominence
within 5 days
87% of all retail Googleads clicks come throughGoogle shopping
Google shopping spend
was up 43% YoY in Q4 of2018
The Drivers
When retailers display both text and shopping ads they drive 120% stronger conversion rate (Google)
This traffic growth has been driven by consistent changes and improvements to Google Shopping
Shift from right to above organic.
Consistent increases in the numberof products included (5 to 30)
Improvements to advertisers
product feeds and image testing increasing CTRs
GROWTH OF GOOGLE SHOPPING PER DEVICE
Google Shopping And Google Paid Search Revenue Share By Device 2017-201880%
70%
60%
50%
40%
30%
20%
10%
0JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2017 2018
Desktop Paid Search Shopping Mobile Paid Search Shopping
MOBILE IN PARTICULAR HAS BEEN A KEY AREA OF GROWTH
Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019
Shopping Clicks Clicks ConversionsConversions Paid Search
Source - Sidecar 2019 Benchmarks Report: Google Ads In Retail
63%
54%
47%
38%
65%
56%
48%
39%
66%
58%
49%
44%
68%
60%
52%
44%
68%
60%
53%
45%
69%
61%
55%
46%
70%
62%
55%
47%
72%
63%
57%
49%
Mobile Share Of Clicks And Converions Google Shopping Vs Google Paid Search,2018-2019
YoY Mobile Revenue Growth By Vertical In Google Shopping
WITH THE MAJORITY OF SECTORS SEEING YoY IMPROVEMENTS
Source - Sidecar 2019 Benchmarks Report: Google Ads In Retail
Toys/Hobbies
Apparel/Accessories 56%
Automotive Parts 4%
Books/Music/Video 57%
Computers/Electronics 52%
Flowers/Gifts 76%
Food/Drug 53%
Health/Beauty 80%
House/Home 39%
Jewelry 15%
Mass Merchant 35%
Office Supplies 29%
Pet Care 32%
Sporting Goods 59%
-11%
THE ESSENTIALS OF GOOGLE SHOPPING
FeedManagement
Product Content With Good Quality Data
Shopping KPI
Define Success Objectives/ Goals With Google
Shopping
Campaign Management
Structure Aligned With Shopping Goals/KPIS
BiddingManagement
Bidding Aligned With Shopping KPI/Objectives,
Use Of Custom Labels
Measurement/ Attribution
Measure Shopping Text Differerently
Magento & Feeds
MAGENTO API(Install module)
Quick & easy set up
New merchant centre must be created
Good for smaller merchantsto start with
No additional or on-going costs
Harder to optimise product data
Less control over enrichment and data optimisations
CHOOSING THE RIGHT FEED SOLUTION FOR YOU
MAGENTO EXTENSION
Manage the feed directly from Magento, with product catalog
Not as simple for non-Magento experts / users
One off fee
Easy to setup and install
Basic in terms of features (no enrichment capabilities etc)
CHOOSING THE RIGHT FEED SOLUTION FOR YOU
3RD PARTY SOLUTION
More granular manageability (in terms of data points)
Additional monthly cost
Easy to importother data sources forcustom data fields
Able to flag issuesand likely able to enrich feed etc
Enrichment qualityoften not as good as sold in
CHOOSING THE RIGHT FEED SOLUTION FOR YOU
COMMON FEED ISSUES
Handling of simple and configurable products
Problems with pricing
Insufficient identifiers e.g GTIN, MPN
Tax and shipping issues
Google product categories
Optimizing Your Feed
KEY RECOMMENDATIONS
Place the most searched at the beginning of your title
For example, if your product title is Aeroplane Jumper - This should be Luxury Kids Navy Aeroplane Jumper
It might also be that users search more often for a synonym ‘Sandals’ is 83% more likely to be searched than ‘Flip Flops’Many feed optimisers will optimise your titles in bulk by simply appending attributes to your titleBrand + Gender + Type + TitleIt is worth optimising your top 50 products manually and testing the level of impressions based on the titleYou can optimise all others in bulk by simply appending the info
OPTIMISING YOUR PRODUCT TITLES IN MAGENTO
Product titles have the largest impact on
your product relevance and how often
your ads appear against searches.
It is a key tactic to use the keyword
planner to identify search terms with the
highest volume
INDUSTRY SPECIFICBEST PRACTICES FOR TITLES
If Product Is... Use This Structure: Example
Apparel
Consumable Or Nutritional Goods
Ce Or Hard Goods
Televisions Electronics
Seasonal/Holiday
Brand + Gender + Product Type + Attributes (Color, Size, Style, Material)
Brand + Product Type + Attributes (Flavour, Quantity, Weight, Count)
Brand Manufacturer + Product Type + Attributes (Size, Weight)+ Model No.
Brand Manufacturer + Attribute + Product + Model No. Brand + Product + Attribute + Model No.
Occasion + Product Type + Attributes (Color, Size, Weight)
Ann Taylor Women’s Black Slacks Size 6
TwinLab Super CoQ10, 50G, 60 Caps
Target, Patio Wicker Chair Set, Brown, 4-Piece
Vizio 52” Tv, Black,A783x63
College Grad 2013 Storage Box Gift, Silver
KEY RECOMMENDATIONS
Your product description should be at least 500 characters
Use the key terms from your product title at least 3 times in the description
Ensure you rank for high volume related queries by adding these in as well e.g. work, smart casual shoes etc
Include all relevant attributes (size, age range, special features, technical specs, material and design etc
How to quickly build out 2,000 - 3,000 word descriptions
Vlookup your category description and append this to the existing description
You could also run this process again using another attribute such as material - appending further Denim descriptions to all denim items
Add this as a new Google_description to Magento
QUICK WINSFOR OPTIMISING YOUR DESCRIPTIONS
You should add as much detail to your
product descriptions and other attributes
as possible
More detailed descriptions and extra
attributes, such as material and colour led
to 10%-20% more impressions
Automatically group new products in AdWords
Build campaign based on your own allocations
Campaign – Adidas >
Ad Group – Male Trainers >
Product Group level 1 – Running >
Product Group level 2 – Ultraboost >
Product Group level 3 – Item IDs
UltraboostMale Trainers >Running > Ultraboost
USING PRODUCT TYPE ANDIMPROVING GOOGLE CATEGORYProduct Type
Helps rank for queries
You can find the list of all categories by searching Google Product
Taxonomy. If you sell Guitars you want the category to be Arts &
Entertainment > Hobbies & Creative Arts > Musical Instruments >
String Instruments > Guitars
Apparel & Clothing >Clothing
USING PRODUCT TYPE ANDIMPROVING GOOGLE CATEGORY
Google Product Category
This is another key attribute and you will need to ensure your
product is categorised into the most specific and relevant group
possible.
Apparel & Clothing > Clothing > Activewear > Bicycle Activewear
A SUMMARYTO OPTIMISING YOUR PRODUCT FEED
• Create new attributes in Magento and configure the product feed to use these
new attributes
• Append attributes such as Brand + Gender to your title to reflect your industry
best practice
• Identify your products top searched terms and ensure these are at the
beginning of the title
• Use these terms multiple times within the description• Build out enriched descriptions by product category so you can optimise
multiple products quickly
• Ensure your Google product category is the most granular and relevant
option
• Include Product Type. Your PPC team should have involvement as this is the
most effective way to build out campaigns
Building & Optimising Campaigns
BUILDINGCAMPAIGNS EFFECTIVELY IN ADWORDS
Separate campaigns by the top hierarchy level at e.g. jackets,
dresses, jeans
Campaigns allow device, audience and location and adjustmentsPush desktop for higher AoV and west-coast for summer clothing etc
Resellers may segent campaigns based on brand
Separate budgets KPIs/ Profit margins
Numerous ad groups to breakdown products
Winter jackets, leather jackets, parker, bomber etc Reduce Everything else and apply specific product bids
OPTIMISING YOURSHOPPING CAMPAIGNS
Audience signals to further optimise campaigns
RLSA lists based on site behaviour, emails and GA (upweighting abandon cart etc) Similar audiences, demographics and in-market audiences (when available)
Bidding
Bid sim data & Diminishing returns analysis Automated bidding
Other signals to adjust your bidding
Location, time of day, day of week, device etc.
Keyword level bidding via script
Scripts available which automatically update your negative keywords These will exclude all keywords triggering ads, not in your pre-approved listOver-time you have a campaign which serves to only the queries you have selected
SEGMENTING CAMPAIGNS BY BRAND TO IMPROVE OPTIMISATION
Non-Brand Campaign
Brand Specific Broad Match Keywords
Brand Campaign
Negative Keywords
Campaign Priority
Bids
Ad Groups
Products
High Priority
Same Bids
1 Ad Group
Entire Catalog (-2000 Products)
None
Medium Priority
Same Bids
1 Ad Group
Entire Catalog (-2000 Products)
ROAS is +172% for branded vs non-branded
keywords
Key Findings
Potential Actions
Impression share is 90% for branded vs 55% for non-
branded keywords
Revenue is +390% forbranded vs un-brandedkeywords in FR, but only
+15% in UK
To improve overall ROAS bid more aggressively on
branded keywords
To Grow Revenue, Bid More Aggressively On Non-
Branded Keywords
Dig Deeper Into Country-Level Performance To Identify Opportunities
AUTOMATION AND SCRIPTS
SKU alert; Flag when a product spends a certain amount but doesn’t convert
Search term alert; flag when a search term spends too much but doesn’t convert
Automatic negative updates; apply negatives to campaigns on search queries that aren’t in a pre selected list
Competition alerts: Flag when new competitors enter the market
Customise scripts to your business needs
SHOPPING VSSMART SHOPPING
Incredibly easy set up
Encompasses several ad types
Provides no search term or audience data
Cannot control where spend is allocated
Use real time data to optimize performance and spend
Generally far more control
Can be a time consuming strategy
Automated bidding uses multiple signals that may not be possible through manual bidding
OtherChannels
PAID SOCIAL RETAIL
DPAs
Will likely be your most effective ad format. You want to test using more specific product sets to serve more relevant products. Test ad messaging and build out multiple groups (added to cart) Abandon code messaging for those who dropped out of basket
Re-engagement
You also want to serve ads to users higher up the funnel - email lists, last 180 days and non product page viewers etcHere you could serve offers, new collections etc and focus on re-engaging the user
Instagram Shoppable
Your business profile must be connected to a Facebook catalog Keep your product catalog synced with your Facebook Page, to ensure that your product descriptions and prices are accurate Optimise titles so when people ‘Tap’ they can see it
UTLISINGAUDIENCE DATA
Lookalikes alikes Competitors, similar brands
Audience insights
Broader prospecting typically convert well. You can segment these by how closely they match your audience (%) and by other demographics. You can also apply to only past buyers etc
Competitors / similar brands - targeting brands which resemble your product offering to showcase your products to a relevant, new audience
Affinity audiences - using audience insights you can pull user behaviour data (education, job, demographics, interests, lifestyle etc) to build up personas. You should then target these users
Prospecting - CPCs are typically higher across lower reach campaigns and it makes sense to serve top of funnel ads to broader users e.g. men 18-45 interested in sports
GROWTH OF AMAZON ACROSS GOOGLEAmazon’s Impression Share In Google Paid Search, 2017-2018
60%
50%
40%
30%
20%
10%
0 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018
Apparel Home Improvement Sporting GoodsMass Merchant Office Supplies
Source - Sidecar 2019 Benchmarks Report: Google Ads In Retail
Amazon Sponsored Products are pay-per-click ads based on keywords (andproduct targeting) that drive traffic to a desired product detail page within theAmazon platform.
Sponsored Products
Ads appear at the top and bottom of the search results pages, within organic results, and on the carousel on product detail pages.
Accelerating growth of newer or low-exposure ASINsIncreasing discoverability for your top products/offersActing as an incremental revenue driver
SPONSORED ADS ACROSS AMAZON
Sponsored Brands
Product Display
Sponsored Products
Magento BI
MAGENTO BI
Continuously work on growing your Customer Lifetime Value
This should be a key consideration when planning marketing efforts and forecasting KPIs & Budgets
BI capabilities that provide automated high quality analysis on day one - lead time between purchases, customer profiling (top customers) etc. Share with your paid teams
Automate your CLV analysis and reporting
Connect to additional data sources
Facebook GoogleAnalytics AdWords
Customer Lifetime Value is a key metric from marketing to merchandising to measuring overall site performance
Tips going into peak
TIPS FOR PEAK
RLSA on competitor brands
Shopping feedextensions etc - promotions, seller ratings etc-
Basic product feed optimisation
Doing extra work to pull out segments that are performing- e.g. bidding up on audiences etc-
Controlling position better - as it’s going to convert better and be more profitable
In-market segments could be a quick win
Bing shopping
TIPS FOR PEAK
T H A N K Y O U
B e t h a n R a i n f o r d
B e t h a n @ v e r v a u n t . c o m