Post on 07-Apr-2017
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You’ve Heard It a Million Times…[briefly review the stats – say we’ve heard many retailers complaining about how Google just wants them to pay more money!
Justin D’AngeloDirector of Client
Services
Matt FisherSenior Program
Manager
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What You’ll Learn Today…
Which bid modifiers are your best friends in Q4.
The right settings & budgets for peak season.
The best ways to set seasonal goals.
Why (and how) to revert your account back to off-season operations.
Important industry trends & historical data.
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Are you advertising on Bing Ads?
5
Extend your Holiday cheer with Bing
50MUnique searchers exclusive to Bing Network1
+20%Higher spend from shoppers on Bing Network2
36%Paid click share for Bing Network ads in retail3
sLower CPC vs. Google AdWords in most verticals4
SOURCE1Microsoft Audience data represents Bing Web and Yahoo U.S. Web Search from comScore qSearch (custom), U.S., March 2016. Industry categories based on comScore classifications. 2comScore qSearch (custom), December 2015; Bing Network includes Microsoft sites, Yahoo sites (searches powered by Bing), and AOL sites in the United States3comScore qSearch (custom), US, March 2016; industry categories based on comScore classifications.4Marin Software US CPC by Vertical Q4 2015.
SOURCE: Microsoft Internal data (O&O and Partner Network), Nov 2015–Dec, US only, All Devices Vertical Categorization: based on Bing Ads account categorization
Click contribution by top retail sub-categories during the holiday season.17%Average click
volume increase YoY (Nov to Jan).
46%Holiday click trend—all devices Holiday top 10 retail sub verticals by click
volume
Bing Network grows click volume and click contribution during the Holidays.
The Bing Network delivers value for retail.
Bing users are typically more educated and affluent with more income to spend.
25–5457% of users
49%College
degree or higher
$75k+49% of
Household Incomes
Age
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Set Goals!Strategy #1
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Reevaluate Your Goals
Understand the Different Metrics in Play
Weigh volume gain against stricter ROI goals –which gives you more overall profit?
Find 2-3 seasonal KPIs that you can review easily. Review every day during peak season.
Set Goals!
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Data Driven Planning
Strategy #2
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Consumer & Industry Trends
Stay aware of the trends and news that affect your business.
SOURCE: eMarketer, US Holiday Shopping Preview 2016: Absorbing the Lessons of 2015
13.3%Growth ecommerce growth will account for more than two-thirds of retail sales growth during the holiday season
$868Billion US Holidays retail sales projected for 2016
Retailers know how important search advertising is.
Here’s how your competitors allocated their marketing budget in 2015.
SOURCE: Forrester Research panel, The State of Retailing Online 2015
Social/Affiliate
Remarketing
SEO
Online marketplaces
Other
SEM
11%
13%
14%
16%
16%
20%
33%
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Use last Q4’s data as benchmarks. Don’t wait to make adjustments
Key Days
Create a map from last year’s Q4.Be sure to update for 2016 (day of week).
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Key Days
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Top Products
Use product performance reports to find top performers from last Q4.
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Top Products
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Top Search Terms
Capitalize on the non-branded search terms from your last peak season,sorted by revenue & conversions.
Send traffic to your most profitable keywords.
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Settings & BudgetsStrategy #3
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Off-Season Budgets
1,000.00
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3,000.00
Peak-Season Budgets
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Bid AdjustmentsStrategy #4
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Peak Season vs. Off Season
Keyword/Display
Hour of Day/Day of Week
Device Geography
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Keywords
Test paused or poor keywords. Use labels to mark tests.
Your Competitor
Organic only
Brand ad + organic
85% 9%
You
Your Competitor
You
52% 48%
Brand term bidding grabs attention on the search page.
In a study of 25M clicks in the retail vertical, Bing found that brand term bidding yielded a 64% lift in incremental paid and organic clicks.Bidding on your own brand terms means fewer clicks to competitors.
SOURCE: Microsoft Internal data, Bing Ads Brand Term Bidding Study, March 2016
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Hour of Day • Day of Week
Analyze & adjust your modifiers.Core shopping hours change.
Factor buyer behavioral changes.
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12 A
M1
AM2
AM3
AM4
AM5
AM6
AM7
AM8
AM9
AM10
AM
11 A
M12
PM
1 PM
2 PM
3 PM
4 PM
5 PM
6 PM
7 PM
8 PM
9 PM
10 P
M11
PM
12 A
M1
AM2
AM3
AM4
AM5
AM6
AM7
AM8
AM9
AM10
AM
11 A
M12
PM
1 PM
2 PM
3 PM
4 PM
5 PM
6 PM
7 PM
8 PM
9 PM
10 P
M11
PM
12 A
M1
AM2
AM3
AM4
AM5
AM6
AM7
AM8
AM9
AM10
AM
11 A
M12
PM
1 PM
2 PM
3 PM
4 PM
5 PM
6 PM
7 PM
8 PM
9 PM
10 P
M11
PM
Thanksgiving Black Friday Saturday
Apparel Consumer Electronics Toys & Games
Black Friday Weekend
Cyber Monday
Christmas Eve/Day
Every hour counts on the biggest shopping days.Hourly Shopping Trends
SOURCE: Microsoft Internal data, All Devices, US only
12 A
M1
AM
2 A
M3
AM
4 A
M5
AM
6 A
M7
AM
8 A
M9
AM
10 A
M11
AM
12 P
M1
PM2
PM3
PM4
PM5
PM6
PM7
PM8
PM9
PM10
PM
11 P
M12
AM
1 A
M2
AM
3 A
M4
AM
5 A
M6
AM
7 A
M8
AM
9 A
M10
AM
11 A
M12
PM
1 PM
2 PM
3 PM
4 PM
5 PM
6 PM
7 PM
8 PM
9 PM
10 P
M11
PM
12 A
M1
AM
2 A
M3
AM
4 A
M5
AM
6 A
M7
AM
8 A
M9
AM
10 A
M11
AM
12 P
M1
PM2
PM3
PM4
PM5
PM6
PM7
PM8
PM9
PM10
PM
11 P
M
Sunday Cyber Monday Day after Cyber Monday
Apparel Consumer Electronics Toys & Games12
AM
1 AM
2 AM
3 AM
4 AM
5 AM
6 AM
7 AM
8 AM
9 AM
10 A
M11
AM
12 P
M1
PM2
PM3
PM4
PM5
PM6
PM7
PM8
PM9
PM10
PM
11 P
M12
AM
1 AM
2 AM
3 AM
4 AM
5 AM
6 AM
7 AM
8 AM
9 AM
10 A
M11
AM
12 P
M1
PM2
PM3
PM4
PM5
PM6
PM7
PM8
PM9
PM10
PM
11 P
M12
AM
1 AM
2 AM
3 AM
4 AM
5 AM
6 AM
7 AM
8 AM
9 AM
10 A
M11
AM
12 P
M1
PM2
PM3
PM4
PM5
PM6
PM7
PM8
PM9
PM10
PM
11 P
M
Christmas Eve Christmas Day Day after Christmas
Apparel Consumer ElectronicsToys & Games
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Device
Adjust mobile for purchase assists and seasonal buyer behavior.
29
27 28 29Black Friday
$1.66B23 24 25 26
Shoppers are in research mode during November, with 8 of the top 10 mobile search days falling in this month.
Mobile browsing tends to occur on weekends.
Top ecommerce spending days vs. top search days
SOURCE: comScore Inc. Final 2015 Desktop Online Holiday Sales Reach $56.4 Billion, Up 6 Percent vs. Year Ago, Jan 8, 2016Microsoft Internal data, All Devices, US only
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
9 10 11 12 13 14 15
2 3 4 5 6 7 8
6
16 17 18 19 20 21 22
10 5 4
6 7 9
10 3 1
TIP Use mobile-friendly keywords and boost your mobile ads on big mobile days.
November is for window-shopping on mobile.
Top 10 Mobile Search Days Top 10 PC/Tablet Search Days
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Cyber Monday kicks off a 3-day streak of huge desktop search and ecommerce spending.
December 11 (two weeks before Christmas) is the fourth highest ecommerce spending day.
Desktop browsing tends to happen at the beginning of the work week.
Top ecommerce spending days vs. top search days
SOURCE: comScore Inc. Final 2015 Desktop Online Holiday Sales Reach $56.4 Billion, Up 6 Percent vs. Year Ago, Jan 8, 2016Microsoft Internal data, All Devices, US only, December 2015.
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
7 8 9 10 11 12 13$1.48B$1.40B 1.40B $1.24B
30 1 2 3 4 5 6
$2.28B
$1.95B $1.24BCyber Monday
14 15 16 17 18 19 20
$1.41B
Green Monday
21 22 23 24 25 26 27
8 2
1 2 3
5 4 9
8 7
Top 10 Mobile Search Days Top 10 PC/Tablet Search Days
December is for clicking the buy button.
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Factor weather into seasonality.
Geography
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Rollback!Strategy #5
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Wrapping Up Seasonality
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Wrapping Up SeasonalityRun filters at least twice a week.
Competitive “post-mortem” analysis.
Lower your budget (prevent expensive mistakes).
Return to off-season bidding strategy.
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Key Takeaways
Adjust seasonal bids with bid modifiers.
Change settings & budgets to accommodate traffic.
Reevaluate your goals in light of seasonality.
Don’t lose profits by forgetting to revert your account back to off-season operations.
Make sure you’re working with the right data.
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Don’t Miss These Other Resources…
Join Bing - August 18th
at 11am PT
New report exploring click trend data, just in time for the holidays!
Join Bing - August 16th
at 11am PT