reverse engineering google adwords/shopping strategies for 2018

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Copyright 2017 - Q4 Amazon Virtual Summit SMALL TEXT STACK TEXT ROW 1 STACK TEXT ROW 2 Reverse Engineering Four Google AdWords/Shopping Strategies

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Page 1: Reverse Engineering Google AdWords/Shopping Strategies For 2018

Copyright 2017 - Q4 Amazon Virtual Summit

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Reverse Engineering Four Google AdWords/Shopping Strategies

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● Session Recording + Slides Will Be Sent Out

● Submit Questions to Our Panelists

Today’s Logistics

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Overview

Founded in 2007

Google Premier Partner

400+ Active Retail Clients

Top 50 Fastest Growing Company San Diego

D E L I V E R I N G L A S T I N G

R E S U L T S F O R O U R C L I E N T S

Solutions

Retail-focused PPC & Shopping

Amazon Sales Acceleration

Facebook Performance Marketing

Creative Services

About CPC Strategy

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Solutions

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Lewis BrannonSr. Retail Search Manager

Today’s Speaker

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● Test 1 - Enhanced CPC

● Test 2 - Target CPA

● Test 3 - Target ROAS

● Test 4 - Target Audiences for Search

● Live Q&A

Today’s Agenda

BONUS:Live Amazon SERP

Walk-Through

BONUS:Live Amazon SERP

Walk-Through

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Test 1 -Enhanced CPC

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● Enhanced CPC: Algorithmic-based bidding strategy that allows Google to raise or

lower your manual bids based on likelihood of conversion.

Test 1 - Enhanced CPC (eCPC)

SPECS

● Available for Search & Shopping● eCPC bid adjustment is done after your other bid modifiers have been applied● Tries to keep CPCs at or below max CPC, but can be higher● Uses data sampling model rather than full traffic● Uses a wide range of auction-time signals such as demographics, browser, geo, time● Tailors bids to unique context, but not to full extent of other Smart Bidding strategies● Target CPA and Target ROAS are said to be more complex

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Copyright 2017 - Q4 Amazon Virtual Summit

eCPC - Results for Search

Results OvervieweCPC for Text Ads

● Clicks significantly up

● Cost and CPCs up

● Minimal impact on CVR

● Boosted Volume but efficiency was

down

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Copyright 2017 - Q4 Amazon Virtual Summit

eCPC - Results for Shopping

Results OvervieweCPC for Shopping / PLA

● Clicks significantly up

● Nice conversion boost

● Cost and CPC increase

● Lower AOV orders

● Less Efficient Return, but less

drastic than Search

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Enhanced CPC - Potential Use Cases

Growth oriented, flexible budget & ROAS goals

Seasonal, high traffic time periods

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eCPC - How to implement

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Test 2 -Target CPA

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● Target Cost-Per-Acquisition (CPA): Smart Bidding strategy that adjusts

bids to get as many conversions as possible given your target CPA.

Test 2 - Target CPA

SPECS

● Available for Search & Smart Display* (not Shopping)● Set ad the ad group level (overrides campaign setting)● Uses historical information + present contextual information● Finds optimal CPC for each auction to hit your CPA target● Uses real-time signals like device, browser, location, time of day, remarketing lists & more● Google recommends removing mobile bid adjustment for best results

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Copyright 2017 - Q4 Amazon Virtual Summit

Target CPA - Results

Results OverviewTarget CPA for Text Ads

● Clicks significantly up

● CPC, CPA, and Cost all up

● Slight Boost in Conversion Volume

● Less Efficient Return

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Target CPA - Potential Use Cases

Want to scale volume as efficiently as possible

Prefer to manage bids at ad group level vs keyword

Advertisers with limited resources and clear CPA targets

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Target CPA - How to implement

● Portfolio strategy or campaign-level

● Adjust ad ad group level● Careful with mobile bid

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Test 3 -Target ROAS

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● Target Return on Ad Spend (ROAS): smart bidding strategy that attempts to

get as much conversion value as possible at the target return on ad spend

(ROAS) you set.

Test 3 - Target ROAS

SPECS

● Available for Search & Shopping● Predicts future conversions and revenue based on historical values● Must have at least 15 conversions in past 30 days (50 recommended for best results)● Must have revenue tracking● Applied at campaign or ad group level

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Copyright 2017 - Q4 Amazon Virtual Summit

Target ROAS - Results

Results OverviewTarget ROAS for Text Ads

● Cost Savings

● Hit goal of 7:1 ROAS

● Sacrificed Volume

● More Efficient Return

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Target ROAS - Potential Use Cases

Need quick ROAS turnaround

Inefficient Dynamic Search Ads (DSA)

Non-Brand (Generic) Search campaigns

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Target ROAS - How to implement

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Target CPA vs. ROAS vs eCPCBid Application Levels Comparison

● As of November, no longer can you mix bid strategies in a campaign

● Can still have different ad-group level targets - but all ad groups within a campaign must have same bid strategy

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Test 4 -Targeting Audiences for Search

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● Targets your ads to only specified audience criteria

● Audiences can be remarketing lists, video viewers, customer e-mails, or

similar-to lists

● Uses “Target & Bid” rather than “Bid Only”

Test 4 - Target & Bid RLSA for Search

● RLSA = “remarketing lists for search ads”● In new UI, “Target & Bid” = “Targeting” (limits reach to just that criteria)● In new UI, “Bid Only” = “Observation” (allows reporting, but doesn’t limit reach)

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Copyright 2017 - Q4 Amazon Virtual Summit

Target Audiences - Results

Results OverviewTarget Audiences for Text Ads

● Huge Cost Savings

● Much Improved Conv. Rate

● Doubled ROAS

● Sacriced Volume for Efficiency

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Target Audiences - Potential Use Cases

Non Brand (Generic) keywords with poor ROAS

Dynamic Search (DSA)

Re-Engage Past Purchasers

Reach New Audiences Similar to Your Customers

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Target Audiences - How to implement

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Schedule YourRetail Search Evaluation

CPC Strategy’s Retail Search Evaluation is an extensive

60-minute analysis and assessment of a retailer's existing

Google Shopping campaign architecture, targeting settings,

product feed, product pages, and profitability metrics.

What Now?

SCHEDULE MY EVALUATION

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Lewis BrannonSr. Retail Search Manager

Questions for Today’s Speaker?