Paid search strategy

28
Paid Search Strategy Presented by Buck Dossey 3/26/2011

description

 

Transcript of Paid search strategy

Page 1: Paid search strategy

Paid Search StrategyPresented by Buck Dossey

3/26/2011

Page 2: Paid search strategy

04/08/20232Yahoo! Presentation, Confidential

Name: Buck Dossey

Home town: Houston, Texas

Spent 3 years at Resolution Media developing paid search strategy

6 years in online media (IAC, Match.com, Yahoo!)

Total Computer Nerd: I love writing code and developing websites in my spare time. › I also love Pivot Tables.

Burnt Orange Blood

30 Second Intro

Page 3: Paid search strategy

04/08/20233Yahoo! Presentation, Confidential

Audience Challenge #1:

What is the earliest story you can remember in your life?

Page 4: Paid search strategy

04/08/20234Yahoo! Presentation, Confidential

My Favorite line I remember: "'When I was working in my laboratory,' Dr. Pasteur said, `I enjoyed the times when I believed in myself. In those days, I didn't always succeed. But even if I didn't, it always felt good to believe that I could.'"

Page 5: Paid search strategy

04/08/20235Yahoo! Presentation, Confidential

Remembered Without Any Help at All…

Page 6: Paid search strategy

04/08/20236Yahoo! Presentation, Confidential

The Point: Being a Great Storyteller Matters in Human Evolution, as well as Your Career’s Evolution

Page 7: Paid search strategy

Audience Challenge #2:What’s the Best Way to Start a Fight at an Ad Agency?

Ask what the difference is between Strategy and

Tactics.

Page 8: Paid search strategy

04/08/20238Yahoo! Presentation, Confidential

Strategy = Why

Tactics = How

Page 9: Paid search strategy

04/08/20239Yahoo! Presentation, Confidential

Success in Paid Search means your client has already approved your strategy.

The key challenge is to communicate your strategy in a way that resonates with the client and will likely* deliver on client goals.

Page 10: Paid search strategy

04/08/202310Yahoo! Presentation, Confidential

If you want to have a good strategy, you first have to figure out what your story is.

Page 11: Paid search strategy

04/08/202311Yahoo! Presentation, Confidential

High Seasonality – 90% in 6 Weeks

Client undergoing a dramatic merger and looked to the agency to cut costs and provide marketing strategy

Challenge: Develop a Paid Search strategy that will not only capture the huge December volume, but will also eliminate overlap between two distinct brands

Client Challenge: Sirius XM

Page 12: Paid search strategy

04/08/202312Yahoo! Presentation, Confidential

Independent ResearchWhite board Findings “Idea Pen”› Good ideas stand the test of scrutiny

Develop a Visual Hook that Represents the Best of Group Ideas

Strategy Development Process

Page 13: Paid search strategy

04/08/202313Yahoo! Presentation, Confidential

The Resulting Strategy

Sirius XMCategory Terms

Brand Terms

“Satellite Radio”

“Sirius” “XM Radio”

“Satellite Radio”

Page 14: Paid search strategy

04/08/202314Yahoo! Presentation, Confidential

The Resulting Strategy

Combined Funnel

Rationale•Overlap Category Terms = Cost Savings•Brand Terms Preserved

Category Terms

Brand Terms

Page 15: Paid search strategy

04/08/202315Yahoo! Presentation, Confidential

Tactical Plan

•Category Terms• Forcefully drive down market CPCs by lowering bids in both accounts

•Brand Terms• Dominate Search Results pages with multiple ads and multiple domains

•Housekeeping• Clean up accounts• Implement best practices across both accounts (creative, misspellings, etc)

Page 16: Paid search strategy

04/08/202316Yahoo! Presentation, Confidential

Research Tools – Market

comScore qSearch

Hitwise

Page 17: Paid search strategy

04/08/202317Yahoo! Presentation, Confidential

Research Tools – Yahoo! Clues.Yahoo.com

Page 18: Paid search strategy

04/08/202318Yahoo! Presentation, Confidential

Research Tools - Microsoft

Microsoft Advertiser Intelligence

Microsoft Ad Labs

Page 19: Paid search strategy

04/08/202319Yahoo! Presentation, Confidential

Research Tools - Google

Insights for Search / Trends Keyword Tool

Page 20: Paid search strategy

04/08/202320Yahoo! Presentation, Confidential

Competitive Tools

SpyFu.com Compete.com

Page 21: Paid search strategy

04/08/202321Yahoo! Presentation, Confidential

5 Tips for Writing Effective Creative1.) Leverage your brand name

2.) Push value propositions

3.) Leverage Psychological cues in Display URLs

4.) Relevance to Keyword – Be careful with broad match

5.) Test and Learn – use even rotation to test which ads have the highest CTR

Page 22: Paid search strategy

04/08/2023Yahoo! Presentation, Confidential

Effective Creative Writing

1.) Leverage brand name

2.) Push value proposition

3.) Leverage Psychological cues in Display URLs

4.) Relevance to Keyword – Be careful with broad match

5.) Test and Learn – use even rotation to test which ads have the highest CTR

Keyword: Free Checking Account

Page 23: Paid search strategy

04/08/202323Yahoo! Presentation, Confidential

Tools for Efficiency

Google Adwords EditorMicrosoft Advertising adCenter Desktop

Page 24: Paid search strategy

04/08/202324Yahoo! Presentation, Confidential

Third-Party Tools like Dart and Kenshoo offer significant advantages to automate bidding

Unrealistic goals will kill your campaign. Use with Caution

Bid Strategies

Page 25: Paid search strategy

04/08/202325Yahoo! Presentation, Confidential

Dramatically lowered category CPCs Met client goal Cost Per Radio efficiency

metricHappy Client during turbulent timesEstablished Client Trust during highly turbulent

holiday season

Results

Page 26: Paid search strategy

04/08/202326Yahoo! Presentation, Confidential

It’s not just keywords, creative, and landing pagesThe Full media planning cycle appliesWarm up to the devil’s advocatesTell a Great Story first, the tactics will follow

Search is Media, Too

Page 27: Paid search strategy

04/08/202327Yahoo! Presentation, Confidential

Focus on creating a great story firstTactical plan will flow easily once your story is

solidCopy the best creative writers, then do it betterUse the tools at your disposal – most are free

and will make life easier

Parting Thoughts

Page 28: Paid search strategy

Q&A

04/08/202328Yahoo! Presentation, Confidential