bing ads ppc strategy for the holidays 2014
DESCRIPTION
Bing evangelist John Gagnon on insights, data and tips for how to create and execute your PPC strategy for the holidays. #SMX #SMXBing #PPCTRANSCRIPT
Bing AdsPPC Strategy for the holidays@BingAds@JmGagnon#SMX
Searches
Time zone: Eastern Standard Time
Searches peaked:
3PM (EST)1
Total online sales grew
20% from last year2
Source: 1Microsoft Internal Data, PC/Tablet 2013, 2IBM Core Metrics, 2013 Holiday Season Report
#SMX@BingAds@JmGagnon
Holiday is the #1 retail season – and growingThe steady growth of online shopping is a significant growth driver.
Total holiday spending grew 3.8% from the $592.3 Billion spent in 2012.
E-commerce spend grew more quickly at 9.3% growth from 2012, totaling $95.7 Billion.
$601.8 Billion
Source: National Retail Federation 2013 Holiday report
#SMX | @BingAds | @JmGagnon
Don’t miss out on potential customers
31%
Million 31
Source: comScore qSearch (custom), US, March 2014; industry categories based on comScore classifications.
Of all retail paid clicks
Retail searchersnot reached on Google
#SMX | @BingAds | @JmGagnon
Shoppers begin early and end lateAn earlier Thanksgiving means a longer shopping period before Christmas than last year.
Source: National Retail Federation Monthly Consumer Survey, Oct 2013
Before Sep-tember
September October November First 2 weeks of December
Last 2 weeks of December
12%8%
21%
39%
16%
4%
When people begin shopping for the holiday season:
#SMX | @BingAds | @JmGagnon
.Source: IBM Core Metrics, 2013 Holiday Season Report
Thanksgiving, Black Friday, and Cyber Monday all increased their daily retail sales about 20% from last year.
The top three shopping days continue to grow
#SMX | @BingAds | @JmGagnon
Half of the top shopping days fell in the same week
Top 10 transaction days – Holiday 2013
Event Day Transaction rank
Cyber Monday Monday 1Black Friday Friday 2Thanksgiving Thursday 3Sunday after Black Friday Sunday 4November 15th Friday 5Day Before Thanksgiving Wednesday 6November 8th Friday 712 days until Christmas Friday 8Day after Cyber Monday Tuesday 97 days until Christmas Wednesday 10
Source: Experian.com, Jan 2014#SMX | @BingAds | @JmGagnon
26.9%
32.7%
40.4%
Click breakout over the 3 “Critical Hol-idays”
On the Yahoo Bing Network
Thanksgiving
Black Friday
Cyber Monday
Thanksgiving Day share of clicks grew 20%
Source: Microsoft Internal Data, 2013 #SMX | @BingAds | @JmGagnon
Making a list and checking it twiceThe average shopper planned to spend $738 on holiday gifts.
Flowers/Plants
Home decor or furnishings
Personal care or beauty items
Consumer electronics or accessories
Books, CDs, DVDs, videos or video games
Clothing or accessories
9%
19%
20%
23%
25%
33%
33%
44%
49%
59%
61%
Gifts people plan to buy this holiday season
Source: National Retail Federation Monthly Consumer Survey, Nov 2013
#SMX@BingAds
Searches
Time zone: Eastern Standard Time
Searches peaked:
3PM (EST)1
Total online sales grew
20% from last year2
Source: 1Microsoft Internal Data, PC/Tablet 2013, 2IBM Core Metrics, 2013 Holiday Season Report#SMX | @BingAds | @JmGagnon
Searches
Search peak:
5AM (EST)1
Total online sales grew
19% from last year2
Time zone: Eastern Standard TimeSource: 1Microsoft Internal Data, PC/Tablet 2013, 2IBM Core Metrics, 2013 Holiday Season Report#SMX | @BingAds | @JmGagnon
Searches
Time zone: Eastern Standard TimeSource: 1Microsoft Internal Data, PC/Tablet 2013, 2IBM Core Metrics, 2013 Holiday Season Report
Search peak:
5AM (EST)1
Total online sales grew
21% from last year2
Tips to thrive this holiday season:
• Don’t “set it and forget it”
• Ensure budget is large enough for key dates
• Check in on top days, monitoring position and bids
#SMX | @BingAds | @JmGagnon
Even Scrooge cannot resist a holiday dealShoppers are willing to spend the time looking for and redeeming coupons.
Source: Holiday Study by IPSOS and Yahoo, 2014
41% Will spend more time shopping for holiday offers and promotions.
37% Will use online coupons more this year.
27% Will only buy gifts at places where they have a coupon.
Top ad copy combinations
Daily Deals & Coupons - PC/Tablet
TITLE DESCRIPTION
% Off % Off
Official Site % Off
% Off Products
Official Site Products
Brand Name "Products"
Source: Microsoft Internal Data, 2013 #SMX | @BingAds | @JmGagnon
Shopping with mobile brings holiday cheerSmartphones generate more online traffic, but tablet shoppers spend more time, money, and make more purchases.1
Tip: Set your mobile bids high enough so your ad shows in location #1 or #2, which can help you show on mobile.
76% of smartphone owners plan to use their device for holiday shopping.
1/5 of Cyber Monday and Black Friday online sales came from mobile - 50% growth since last year.
39% of smartphone owners have made a purchase on their smartphone, compared with 63% of tablet users who’ve purchased2
Source: 1Mobile Commerce Daily, Nov 2013, 2eMarketer, Apr 2013#SMX | @BingAds | @JmGagnon
Mobile users get their holiday shop on
55% Check availability of items before going to the store
50% Track sales at stores and find items on sale
49% Research gift ideas
Source: iab, Nov 2013
Words that workAnd words that don’t work. Most clickable ad combinations.
Source: Microsoft Internal Data, PC/Tablet, 2013
Ad combo most likely to be clicked
Ad combo least likely to be clicked
Toys & HobbiesTITLE DESCRIPTION
Brand Name Call to Action
Compare Call to Action
#SMX@BingAds
#SMX | @BingAds | @JmGagnon
Apparel & Accessories Toys & Hobbies Consumer Electronics
TITLE DESCRIPTION TITLE DESCRIPTION TITLE DESCRIPTION[Param Insertion] Save/Savings Brand Name Call to Action Online Call To Action
Products[Param Insertion] Compare Call to Action Cheap Affordable
[Dynamic Keyword Insertion]
Flowers, Cards, Gifts, Greetings
Sporting Goods, Fitness Equipment
Clothing & Shoes
TITLE DESCRIPTION TITLE DESCRIPTION TITLE DESCRIPTION
Books Call To Action[Param Insertion] Products Call to Action Call to Action
[Param Insertion] Products "Brands" "Brands" “Brands” “Brands”
Beauty & Personal Care Books Jewelry & Watches
TITLE DESCRIPTION TITLE DESCRIPTION TITLE DESCRIPTION
Online Call To Action % Off Call to Action[Param Insertion] Price/Pricing
“Brands” “Brands”[Param Insertion] % Off Gifts Call to Action
Words that workAnd words that don’t work. Most clickable ad combinations.
Source: Microsoft Internal Data, PC/Tablet, 2013
Ad combo most likely to be clicked
Ad combo least likely to be clicked Parameter insertion: dynamic insertion of words into the ad title or description based on a list of words you specify.
1Microsoft partnered with Mercent to compare Product Ads to text ads on the Yahoo Bing Network [4 advertisers involved in the study], Q1 2014.
2Source: Microsoft internal data, May 2013. Performance study based upon beta testing data on Bing O&O only and is not a guarantee of performance. Increase in clicks is dependent upon a seasonality and advertiser vehicle.
Reach your holiday shoppers online and on the go
Want to drive shoppers to your website?
Want to drive online shoppers to your store front?
Up to 29% Lower cost-per-click with Product Ads than with standard text ads1
Up to 9%higher click-through rate with Location Extensions than with standard text ads2
#SMX @BingAds
Meet Top Movers – a report that makes it easy to quickly identify performance changes and possible causes.
The best new gift from Bing Ads this holiday season
#SMX@BingAds
Don’t miss out on potential customers
31%
Million 31
Source: comScore qSearch (custom), US, March 2014; industry categories based on comScore classifications.
Of all retail paid clicks
Retail searchersnot reached on Google
#SMX | @BingAds | @JmGagnon
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