how to drive in-store sales in today’s search marketing world - revtrax and kenshoo webinar

41
© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written consent. All rights reserved. © RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written consent. All rights reserved. How to Drive In - Store Sales in Today’s Search Marketing World + ©

Upload: kenshoo

Post on 15-Jul-2015

528 views

Category:

Marketing


0 download

TRANSCRIPT

Page 1: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written

consent. All rights reserved.

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written consent. All rights reserved.

How to Drive In-Store Sales in Today’s

Search Marketing World

Page 2: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Matthew KilloughSenior Account Manager, Client Services

RevTrax

[email protected]

Paul WickerDirector of Product

Kenshoo Local

[email protected]

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written consent. All rights reserved.

Page 3: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview1. RevTrax

2. Kenshoo

2. The Changing Landscape

3. Opportunities in the O2O Landscape

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 4: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

RevTrax

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Digital Media Insights Consumer Insights Redemption Insights

Trusted by:

Page 5: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Kenshoo

• Global software company:digital marketing solutions & predictive media optimization technology

• Only Facebook sPMD with native API solutions for ads across Facebook, FBX, Twitter, Google, Bing, Yahoo, Yahoo Japan, Baidu, & CityGrid

Forrester Wave™: Bid Management, Q4 '12 Forrester Wave™: Social Ad Platforms, Q4 '13

SEARCH SOCIAL

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 6: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O Landscape

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 7: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Today’s Digital Marketers Must Be Data-Driven

Less than half of all marketers

surveyed believe they are ahead

of the curve when it comes to

data-driven optimization

decisions.

Technology and innovation are

allowing marketers to leverage

data – both online and offline –

in meaningful ways.

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 8: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Estimated Total Conversions – Moving towards a multi-device mindset and thinking beyond online

Mobile – Promoting app downloads and re-engagement in response to shifting consumer trends

PLAs and Shopping Campaigns – More retail-centric approach to campaigns with new functionality tying to local availability

Examples of O2O Data Evolution in Search:

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Changing SEM Landscape

Page 9: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O LandscapeCompeting with online pure plays

Tailor the Experience

1. Data-Driven Attribution

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 10: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Competing with online pure plays

If Amazon maintains its current growth trajectory, it will be the world’s 6th largest retailer by 2015, with revenues of more

than US$100 billionSource: Kantar Retail 2011

Almost 94% of all retail sales are

currently happening in-store

Source: U.S. Census Bureau 2014

Digital technologies are

expected to influence 50% of

in-store sales, accounting for

$1.52 trillion, by the end of 2014

Source: Deloitte Digital 2014

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 11: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Challenges

Where does that leave Retailers?

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Larger Ranges

Lower Prices

Innovating quickly and flexible to

customer needs

Page 12: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Opportunities

If 94% of retail sales still in-store,

convert digital purchase research

to an in-store conversion

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Offer personalizedand multichannel

promotions,across all

channels and devices

Engageconsumers with

targetedcampaigns for

unique or private label goods

available in-store only

Page 13: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O LandscapeCompeting with online pure plays

Tailor the Experience

Data-Driven Attribution

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 14: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Tailor the Experience

7% of consumers are satisfied

with the ability of most brands to

offer a high-quality omnichannel

experience (Source: Zendesk 2014)

70% of buying experiences are

based on how the customer

feels they are being treated(Source: McKinsey 2014)

94% of marketers know how

valuable personalization is(Source: eConsultancy 2013)

95% of marketers struggle

to mine their customer data(Source: eConsultancy 2013)

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 15: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Tailor the Experience

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 16: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Tailor the Experience

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 17: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Challenges

1. Creating 1:1 consumer experiences, regardless of device or channel

2. Meeting consumers’ expectations when it comes to channel integration

3. Providing a seamless experience across all channels and platforms

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 18: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Opportunities

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Build and

optimize mobile

and PC-specific

strategies

Tailor ad copy

and bids

Measure mobile search

activity and the keywords that

drive in-store revenue

Mobile-friendly

landing pages or

engaging apps

Page 19: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O LandscapeCompeting with online pure plays

Tailor the Experience

Data-Driven Attribution

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 20: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

60% of consumers start by

visiting a search engine, then

go to the retailer’s website,

and ultimately, 88% made their

final purchase in store.(Source: GE Major Purchase Shopper Study 2013)

Paid search audience segments

which were exposed to

Facebook advertising generated

30% more Return on Ad Spend

(ROAS). (Source: Kenshoo 2013)

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Data-Driven Attribution

Conversions increase 40% when customers use digital before and during shopping in-store (Source: Deloitte Digital 2014)

Page 21: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Data-Driven Attribution

Conversion

in Store

19% 37%23%15%6%

Page 22: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Acquiring new customers while connecting across multiple locations, at scale

Following consumers through the complex path-to-purchase, spanning multiple

touch points that influence the final conversion

Making the transition from the online marketing message to the offline purchase

without consumers getting lost

Accessing real-time data, both online and in-store, and converting into actionable

insights

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Challenges

Page 23: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Opportunities

RevTrax/Kenshoo integration helps customers acquire higher ROI, but can prove where ROI is coming from (keywords, channels) and marketers can then adjust

and optimize campaigns accordingly.

1. Leverage dynamic attribution to properly credit touch points along the path to

conversion

2. Integrate offline POS or partner data and take action on the data collected

3. Capture customer information in order to build database and start measuring

lifetime value

Page 24: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Capture Online-to-Offline Conversions

Consumer searches and

clicks on ad.

Consumer is taken to Retailer

website and views an offer.

RevTrax generates unique bar

code with embedded keyword

ID.

Consumer redeems offer in-

store at POS.

Retailer sends redemption data to

RevTrax to match keywords to

in-store transactions.

Kenshoo receives keyword level conversion data and

applies to bid policy to drive more coupon

redemptions.

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 25: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O Landscape

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 26: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Staples Canada Copy and Print Program

Objectives:

Drive online and in-store sales

Optimize search performance using RevTraxand Kenshoo technologies

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 27: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Staples Canada Copy and Print Program

Execution:

Three major factors measured:

1. Campaign Performance

2. Keyword Performance

3. Mobile vs Desktop

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 28: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

68%

66%

60%

32%

34%

40%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Transactions

OffersDistributed

Landing PageVisits

Branded Non-Branded

Brand v. Non-Brand Terms

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 29: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

27%

31%

38%

48%

42%

43%

26%

28%

19%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Transactions

OffersDistributed

Landing PageVisits

Broad Exact Phrase

Terms by Match Type

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 30: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

46%

40%

40%

12%

16%

23%

14%

14%

15%

18%

15%

15%

8%

12%

4%

1%

2%

3%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Transactions

OffersDistributed

Landing PageVisits

Branded Exact Match Non-Branded Broad Match Branded Broad Match

Non-Branded Phrase Match Branded Phrase Match Non-Branded Exact Match

Performance By Campaign

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 31: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

32%

25%

26%

28%

34%

27%

7%

4%

3%

5%

4%

4%

4%

5%

6%

25%

28%

34%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Transactions

OffersDistributed

Landing PageVisits

staples copy and print staples printing copy and print copy print printing services All Other Keywords

Top 5 Redeemed Keywords

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 32: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

91% 93% 89%84% 87% 88%

82%92% 89% 92% 91%

9% 7% 11%16% 13% 12%

18%8% 11% 8% 9%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total staples copyand print

staplesprinting

copy and print copy print printingservices

colour printing staples printcentre

copy centre print centre print and copy

PC Mobile

Sales Dollars by Device Type (Top 10 Redeemed Keywords)

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 33: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

2%

-6%

-1%

3%

-6%

29%

53%

28%

60%

-14%

-20% -10% 0% 10% 20% 30% 40% 50% 60% 70%

staples copy and print

staples printing

copy and print

copy print

printing services

colour printing

staples print centre

copy centre

print centre

print and copy

Average Order Value per Top 10 Redeemed Keywords Compared to Average

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 34: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

11%

7%

15%

11%

7%

8%8%

11%

12% 12%

7%

0%

2%

4%

6%

8%

10%

12%

14%

16%

staples copyand print

staplesprinting

copy and print copy print printingservices

colour printing staples printcentre

copy centre print centre print and copy All OtherKeywords

‘Copy and Print’ was the 3rd most

redeemed keyword yet the 6th

most visited.

Redemption Rate of Top 10 Keywords

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 35: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

-68%

-67%

55%

268%

4001%

5534%

-1000% 0% 1000% 2000% 3000% 4000% 5000% 6000%

Non-Branded Broad Match

Non-Branded Exact Match

Non-Branded Phrase Match

Branded Broad Match

Branded Exact Match

Branded Phrase Match

ROI by Campaign

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 36: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

-66%

-32%

132%

166%

552%

801%

1696%

2620%

3405%

5409%

-1000% 0% 1000% 2000% 3000% 4000% 5000% 6000%

printing services

colour printing

copy print

copy centre

staples printing

print centre

print and copy

copy and print

staples print centre

staples copy and print

ROI of the Top 10 Redeemed Keywords

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 37: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Branded keywords performed better than non branded

Desktop outperformed mobile by a significant margin

Two specific keywords drove half of the transactions for this campaign.

Takeaways

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 38: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Next Steps

Provide two different customer experiences based on

Branded vs Non-Branded Keywords

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 39: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Agenda

1. Company Overview

2. The Changing Landscape

3. Opportunities in the O2O Landscape

4. Case Study – Staples Canada

5. Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 40: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

Q&A

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients

and may not be used without their prior written consent. All rights reserved.

Page 41: How to Drive In-Store Sales in Today’s Search Marketing World - RevTrax and Kenshoo Webinar

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written

consent. All rights reserved.

© RevTrax 2014. All trademarks and service marks herein are the property of RevTrax, Kenshoo or their respective clients and may not be used without their prior written consent. All rights reserved.

Thank You

Matthew KilloughSenior Account Manager, Client Services

RevTrax

[email protected]

Paul WickerDirector of Product

Kenshoo Local

[email protected]