innovative strategies to thrive in a competitive google shopping...
TRANSCRIPT
Innovative Strategies to Thrive
in a Competitive Google Shopping
Landscape
T h e 2 0 1 5 G o o g l e S h o p p in g V i r t u a l S u m m i t : D a y 1
www.CPCStrategy.com | 619.501.6138 | [email protected]
Is a Google Shopping Marketplace Inevitable?
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The Stars Are Aligning…
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Google Shopping Category Linking
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Google Trusted Stores
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Google Trusted Stores Requirement Changed In January
Google Trusted Stores no longer need to submit shipment and cancellation feeds
Retailers need to have a minimum of 200 orders per month and respond to all business inquires
within 24 hours
Instead Google will try to use seller ratings + consumer ratings to vet advertisers
www.CPCStrategy.com | 619.501.6138 | [email protected]
Google Shopping Express
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Google Shopping Express Delivery Areas
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Local Inventory Ad Integration
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Google Shopping Buy Now Button
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Google Shopping + PayPal?
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Remaining Questions
How will Google receive real time inventory updates?
Will Google share customer data with retailers?
How will Google enforce fast shipping and quality customer service?
Will retailers willingly participate in a Google Shopping Marketplace?
www.CPCStrategy.com | 619.501.6138 | [email protected]
• Founded in 2007
• Over +300 active retail clients
• Top 50 fastest growing companies in San Diego
• Recognized as an Official Google Shopping Partner
• Exclusive focus on retail
Solutions
Retail-focused Paid Search (PPC)
Google Shopping Management
Shopping Channel Management
Amazon Sales Acceleration
CPC STRATEGY HAS BEEN FEATURED ON
DELIVERING LASTING RESULTS FOR OUR CLIENTS
VISIT CPCSTRATEGY.COM
www.CPCStrategy.com | 619.501.6138 | [email protected]
Before We Get Started
Session Recordings Will Be Sent Next Week
Q&A Following the Presentation
Submit Questions In the Chat Box to the Right
Logistics Speakers
Rick Backus
CEO
CPC Strategy
Jeff Coleman
Director of Retail Search
CPC Strategy
www.CPCStrategy.com | 619.501.6138 | [email protected]
The 2015 Google Shopping Virtual Summit
Tomorrow (5/13, 11-12pm PST):
Creating a Scalable and Complementary Approach to Text Ads and Shopping
Campaigns – Presented by Kenshoo
Thursday (5/14, 11-12pm PST):
Using Your Competitors’ Data to Drive Performance on Google Shopping –
Presented by SEMrush
www.CPCStrategy.com | 619.501.6138 | [email protected]
Featured Google Shopping Expert
Jeff Coleman Director of Retail Search
Head of Account Management at CPC Strategy
Oversees structured data channel strategy and innovation
Featured speaker at Fashion Digital 2015
Over 8 years of experience managing product advertising
programs
www.CPCStrategy.com | 619.501.6138 | [email protected]
Course Overview
• Building a Foundation with Data Quality Analysis & Optimization
• Implementing Automation for Shopping Campaigns
• Advanced Ad Group & Campaign Structuring Best Practices
• Mobile Segmentation for Shopping
• Leveraging RLSA for Shopping
• Location Targeting by Category
• Q&A
www.CPCStrategy.com | 619.501.6138 | [email protected]
Building a Foundation with Data Quality & Optimization
Assessing Your Product Data Quality
Fully Populated Required Columns
Biggest missed field is Availability
• Unavailable products might be given a generic value in the feed of “in stock”
• Sometimes no value exists at all and they’re still pushed to Google
Don’t overlook things like Shipping Cost or UPC
Image Links – Spot-Check Them
• Ensure you’re sending highest quality image (if you have multiple)
• Make sure they load – sometimes they don’t
www.CPCStrategy.com | 619.501.6138 | [email protected]
Building a Foundation with Data Quality & Optimization
Assessing Your Product Data Quality
Product Variations
• All color variants should have their own image
• Ideally, landing pages come pre-loaded with variant selected
Poor-performing SKUs?
• Check for data inaccuracies – maybe product is out of stock, maybe it has a poor image,
maybe shipping isn’t specified, maybe it has the wrong UPC (or different UPC from what
Google has on their page)
www.CPCStrategy.com | 619.501.6138 | [email protected]
Building a Foundation with Data Quality & Optimization
Product Feed Optimization – Title Enhancements
Rule of thumb:
A customer should know enough about your product to purchase it just by looking at the title.
Build a title for a robot (the Google search algorithm) so it can be found by as many searches as
possible, and for a human so they know what they’re getting & the title is clear / not spammy.
www.CPCStrategy.com | 619.501.6138 | [email protected]
Building a Foundation with Data Quality & Optimization
Product Feed Optimization – Title Enhancements
Attributes That Should Always Be Included:
Brand
Color / Material
Size
Gender
MPN / Style Number
Product Type
Example:
Nike Air Max
• Brand
• Style
Nike Air Max Men’s Running Shoes – Red & White Size 10
• Brand, Style, Gender, Product Type, Color(s), Size
www.CPCStrategy.com | 619.501.6138 | [email protected]
Building a Foundation with Data Quality & Optimization
Product Feed Optimization 101
Those data points discussed on previous slide should exist elsewhere in
the feed
Custom Labels
Add product attributes to custom labels to track performance across them
Google already tracks performance on Brand & Product Type, so don’t include those
Gender, Style, Color / Material
www.CPCStrategy.com | 619.501.6138 | [email protected]
Implementing Automation for Shopping Campaigns
Where Automation Fits into PLA Management
What Can A Robot Do?
• Predict the future? No.
• Humans can’t either, but we can forecast
• E.g. Seasonality, location-specific seasonality, flash sales, etc.
Understand How To Structure A Campaign? No
• If your campaign structure is too granular, robots will miss larger trends
• E.g. a brand with 1,000 products that all get 2 clicks & 0 sales. Each individual product might not
have a statistically significant data set.
• But a human can take a step back and look a level higher
Understand Temporary Market Fluctuations? No
• Sales / promos that cause sales spikes should not influence your long-term bidding strategy
• Market fluctuations that cause temporary sales dips might not be indicative of long-term
performance for a brand / product
• Both can cause positive or negative feedback loops that can spiral bids out of control or far too
low.
www.CPCStrategy.com | 619.501.6138 | [email protected]
Implementing Automation for Shopping Campaigns
Practical Applications for Shopping Campaign Automation
What Are Humans Terrible At?
Repetitive tasks – when you have the right structure & bid levels and all you’re doing is
making tweaks to bids on an ongoing basis, then a robot can take over
That’s when our analysts implement automated components of our CAPx platform
All Campaigns Require Check-ins
If your campaign is structured on the product level – take a step back to look at larger
trends
Take a look at your campaign structure in general and see if there are different ways you
can break out your product groups to isolate groups of top performers or poor performers
in a meaningful way that allows to still identify trends
• E.g. brand > product type > style / color
If you’re running sales, adjust your bids
www.CPCStrategy.com | 619.501.6138 | [email protected]
Advanced Ad Group & Campaign Structuring Best Practices
Example of a Traditional Shopping Campaign Architecture
1 Shopping Campaign
1 Primary Ad Group
• Product Group 1
• Product Group 2
• Product Group 3
• Etc.
The Traditional 1 Campaign : 1 Ad Group Structure
Pros
• Full catalog management in 1 place
• Easy-to-manage
• Full product feed reporting in 1 campaign
• Bigger Isn’t Always Better: Maintain 1 campaign, 1 ad group, unless you have specific reasons
to break up your feed into multiple campaigns
Cons
• Less flexibility with advanced features – some only apply at the Ad Group or Campaign level
• Less flexible budget management
Bigger Isn’t Always Better: Maintain 1 campaign, 1 ad group, unless you have specific reasons to break up
your feed into multiple campaigns
www.CPCStrategy.com | 619.501.6138 | [email protected]
Mobile Segmentation for Shopping
Mobile-Only Campaigns / Ad Groups
Google says you can’t differentiate bids between Mobile and Desktop/Tablet traffic, I’ll tell you
how
1. Set Up Mobile Ad Group
2. Set Mobile Modifier In Desktop Ad Group to -100%
Make sure to set this on the Ad Group level for the Desktop ad group, NOT at the
Campaign level
www.CPCStrategy.com | 619.501.6138 | [email protected]
Mobile Segmentation for Shopping
3. Copy product group structure and bids – use the AdWords Editor to speed up the process
4. Cut all bids in the Mobile Ad Group by 50%
5. Set the Mobile Modifier for the Mobile Ad Group to +100%
Note: This means a $0.01 change in Max CPC will result in a $0.02 change in effective bid
www.CPCStrategy.com | 619.501.6138 | [email protected]
Mobile Segmentation for Shopping
Mobile Traffic Sculpting
-100% Mobile modifier in Desktop ad group forces Mobile traffic away from Desktop ad group
Lower bids in Mobile campaign push Computer / Tablet traffic to Desktop ad group
Note: Keep Mobile ad group Max CPCs lower to keep Mobile traffic separate.
Use Mobile modifier to increase effective bid on Mobile traffic
www.CPCStrategy.com | 619.501.6138 | [email protected]
Leveraging RLSA for Shopping
What are RLSAs?
Remarketing Lists for Search Ads
Recently opened up to Google Shopping
All AdWords support reps can enroll you in the program
Remarketing tag (or GDR tag) required
New Audiences tab will appear once you’re enrolled
Default Audiences Google Will Create For You
All Visitors – Anyone who comes to your site
Product Viewers – Anyone who goes to a product detail page
Cart Abandoners – Anyone who abandons their shopping cart
Past Buyers – Anyone who has completed a purchase on your site
www.CPCStrategy.com | 619.501.6138 | [email protected]
Leveraging RLSA for Shopping
How Can RLSAs Be Applied to Shopping Campaigns?
Allow you to set bid modifiers on customers that have been to your site
Bid modifiers are set at the ad group level
Segment product groups
Sample starting bid modifiers
www.CPCStrategy.com | 619.501.6138 | [email protected]
Location Targeting by Category
Category-Specific Geo-Targeting
Segment Campaigns By Common Seasonality
Patio furniture & wakeboards go in a Summer campaign
Space heaters & snowboards go in a Winter campaign
Bid Separately On Different Geos Depending On Season
Summer Campaign:
• Southern California & Texas might get strong bids year round for
the Summer campaign
• Northeast & Midwest get down-bid aggressively in Winter
Winter Campaign:
• Northeast & Midwest get strong bids in Winter months
• Aggressive increases when storms hit
www.CPCStrategy.com | 619.501.6138 | [email protected]
Closing Thoughts
What to implement now to set up a smooth transition into Q4
Mobile traffic will continue to increase – start a Mobile bid strategy now
Competition on Shopping increases every year which makes you vulnerable to
losing your customers – RLSAs can help you retain them
Product Data Requirements – Recommended attributes & larger, higher quality
images will become requirements
Refine Your Approach to Google Shopping
Questions for Jeff or Rick?
Submit your questions in the chat box on the right
CPCStrategy.com
www.CPCStrategy.com | 619.501.6138 | [email protected]
www.CPCStrategy.com | 619.501.6138 | [email protected]
The 2015 Google Shopping Virtual Summit
Tomorrow (5/13, 11-12pm PST):
Creating a Scalable and Complementary Approach to Text Ads and Shopping
Campaigns – Presented by Kenshoo
Thursday (5/14, 11-12pm PST):
Using Your Competitors’ Data to Drive Performance on Google Shopping –
Presented by SEMrush