Power Google Shopping with Programmatic - CPC …learn.cpcstrategy.com/rs/006-GWW-889/images/Power...
Transcript of Power Google Shopping with Programmatic - CPC …learn.cpcstrategy.com/rs/006-GWW-889/images/Power...
AdDiego Summit 2017 | Presented by CPC Strategy & Google
Power Google Shopping with Programmatic
Lifting Your Ecommerce Business to the Next Level
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Today’s Agenda
The Building Blocks
• Why & When it Makes Sense to Integrate Automation
• How to Apply Automation to Optimize Product-Level Performance
“Programmatic” in our context
• Getting the most out of your budget (and time)
• Managing large catalogs w/ fluctuating inventory
• Our CAPx platform
• Adwords Scripts for implementing automation in Q4
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Who is Román Fitch?
Lead Retail Search Manager
● 5 years paid search experience● 4 years Google Shopping experience● Guided shopping strategy for 200+ accounts● Lead internal ASAT (Advanced Strategies And
Tactics) meetings
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is Not
● Exchange-based purchasing of inventory (display)
● Real-time bidding & optimization (display)
● Machine-learning algorithm, or AI
● “Set it & forget it” methodology
● Silver bullet
AdDiego Summit 2017 | Presented by CPC Strategy & Google
Why & When it Makes Sense to Integrate Automation
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Why Automate?
● Pain-point• “It takes me too much time to run reports and analysis”• “After spending time analyzing, I can’t easily act on it”
● Remedy• Implement segmented bid rules that can be flexible
● Takeaway• Empower your marketing team to spend more time on strategy• Supplement human analysis
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
When Does Automation Make Sense?
Indicators that automation can help:
● You have enough Traffic • 200+ clicks day
● You have enough Conversions• 100+ monthly conversions• Product groups aren’t dominated by “one-off” conversions• Minimal products in Everything-Else
• aka the “Everything-Else Trap”
● Enough variance in Product Catalog• 100+ SKUs
AdDiego Summit 2017 | Presented by CPC Strategy & Google
How to Apply Automation to Optimize Product-Level Performance
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
○ Bonus Campaign settings■ Ad Scheduling■ Audiences■ Geo-targeting■ Household Income targeting
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Account Structure
● ISO™ campaigns• Isolate top converting queries -- Maximize revenue• Isolate poor performing queries -- Maximize ROAS; Minimize spend• Isolate branded terms -- Maximize impression share
• Auction Insights -- Who’s bidding on my brand terms?
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Account Structure
● Device breakouts• Segment mobile campaigns if driving >30% shopping revenue• Apply device-specific bids rules• Looser mobile constraints• Account for cross-device conversions
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Bid Rule Structure
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Bid Rule Structure
● Aligning automation with account structure:• ISO™ campaigns• Device breakouts• Bid rule buckets• Lookback window
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Bid Rule Structure
● Default bid rules buckets:
• Consistent converters• Multiple conversions > target ROI
• Low ROI converters• Spend > target CPA, ROI < 1
• Non-converters• 0 conversions, spend > target CPA
Shopping bid automation not available in AdWords UI.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Bid Rule Structure
● Lookback window• Days to conversion
● Frequency• Weekly• Monthly• Advanced:
• Bid stacking →
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Custom Label Structure
Structure is key to effective automation!
● Account Structure• ISO™ campaigns• Device breakouts
● Bid Rule Structure• Unique thresholds per segment
● Custom Label Structure• Product performance buckets
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Custom Label Structure
True or False:
You bid on products in shopping campaigns.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Custom Label Structure
False:
You bid on product groups in shopping campaigns.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Custom Label Structure
● Performance buckets• Top Sellers - Maximize revenue; Maximize impression share• Live - Maximize revenue within ROI constraint• Cuts - Maximize ROAS; Minimize spend
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
CPC Strategy Best Practices
Structure is key to effective automation!
● Account Structure• Segmented data points
● Bid Rule Structure• Aligning automation with segmented account structure; flexibility
● Custom Label Structure• Product-level bidding
● Takeaway• Empower your marketing team to spend more time on strategy• Supplement human analysis
AdDiego Summit 2017 | Presented by CPC Strategy & Google
“Programmatic” in Our Context
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
● Head of Product, CAPx● 7 years w/ Google Shopping (Froogle, GBase)● 3 years w/ Adwords Scripts● Former Director of Paid Search● Former Retail Search Manager
Who is David Weichel?
VP, Product Development
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
AdDiego Summit 2017 | Presented by CPC Strategy & Google
Getting the Most Out of Your Budget (and Time)
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Stretch your budget w/ improved Time-of-Day bid modifiers.
The 6-timeslot Adwords limitation in ad schedules
● Forced to group adjacent hours together, arbitrarily
● E.g. 4 hour clusters: 8am -12pm PST
• 8-10am hours perform lousy• 10-12pm hours perform great• Combined ad schedule performance is mediocre
Result: 8am-12pm PST gets +0% bid modifier
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Stretch your budget w/ improved Time-of-Day bid modifiers.
24/7 Bid Modifier script
● Go beyond the 6-timeslot limitation in Adwords
● Create an hourly Heat Map to visualize performance
We’ll give you this script ;)
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Stretch your budget w/ improved Time-of-Day bid modifiers.
24/7 Bid Modifier script
● Enter your adjustments into Google Sheets
● Capitalize on hour trends
● Adapt your bid modifiers as new performance data comes in
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Stretch your budget w/ improved Time-of-Day bid modifiers.
24/7 Bid Modifier script
● The results...
vs.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Understand your pace to avoid backloading.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Understand your pace to avoid backloading.
Budget-pacing email alerts
● Calculated based on your daily spend so far this month
● Ideal for ongoing monitoring, essential in Q4
● Helps avoid an overly-backloadedbudget allocation
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Which one had the better peak/surge day?
a.
b.
Getting the most out of your budget
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Automatically scale budget on peak/surge days.
Dramatic changes in search behavior during holidays
● Unexpected surges lead to campaign-throttlingdue to budgets
● Difficult to anticipate exactly how much additionalsearch volume to expect in advance
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Getting the most out of your budget
Automatically scale budget on peak/surge days.
Black Friday/Cyber Monday Budget script
● Check hourly if our campaigns are Limited by Budget. If so, increase budget by indicated amount
● Increase budgets, if...• You have additional $$$ to spend• The ROAS on the campaign is at/above goal
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Automatically scale budget on peak/surge days.
Getting the most out of your budget
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Which one had the better peak/surge day?
a.
b.
Getting the most out of your budget
AdDiego Summit 2017 | Presented by CPC Strategy & Google
Managing Large Catalogsw/ Liquid Inventory
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Managing large catalogs w/ liquid inventory
Keep a pulse on data feed uploads.
Basic Feed Monitoring
● Built on our in-house feed system
● Notifications for:
• Line Count increased/decreased significantly• File has not been updated in 48 hours• Stale feed for 5-10 days
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Managing large catalogs w/ liquid inventory
Keep a pulse on product-level GMC disapprovals.
GMC disapproval alerts
● Built on our in-house feed system
● Checks approval status of entire feedin the GMC
● Compare yesterday to today, alertsyou if change is more than thespecified threshold
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Managing large catalogs w/ liquid inventory
Keep a pulse on potential showstoppers.
Campaign Down Alerts via Adwords Scripts
● You can easily set these up!
● Be alerted of irregular fluctuations& potential showstoppers
• GMC disapprovals/suspension
• New competitor(s) in Auction
• Adwords disapprovals(Trademarks in ad copy, etc)
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Managing large catalogs w/ liquid inventory
A dynamic product catalog is vulnerable to the Everything Else Trap.
What is the Everything-Else Trap?
● New products aren’t added to your campaign structure
● Inherit a generic, default bid
● Buries & hides:
• Top converters• Wasted spend
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Managing large catalogs w/ liquid inventory
Avoid the Everything Else trap.
Everything-Else Audit script
● Locate product groups that could benefit from being broken out further
● Prevent spend and/or conversions fromaccumulating in Everything Else w/ a low bid
● Still requires you to build PGs manually...
But you can focus effort on PGs that will yield the biggest positive impact
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Programmatic in our context
What Programmatic for Google Shopping Is
● Capitalizing on opportunities
● Better decision-making by facilitating flow of information
● Automating tasks to streamline your workflow
● Avoiding catastrophes
AdDiego Summit 2017 | Presented by CPC Strategy & Google
CAPx Platform:The Technology Behind Our Team
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Automate your bid ops & maintenance.
Bidding Rules for Google Shopping
● Fully customizable based on performance, like attributes, goals & more
● Preview changes in real-time
● Undo changes
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Leverage a Custom Label strategy that enables top-performers.
Custom Labels Tool
● Edit Custom Labels based on product-level performance
● Edit Product Titlesto optimize click-thru-rate (CTR)
● Add/Remove Promotionsto enhance your listings
● View Price historyto see if price is impacting performance
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Leverage a Custom Label strategy that enables top-performers.
Custom Labels Tool
● Edit Custom Labels based on product-level performance
● Edit Product Titlesto optimize click-thru-rate (CTR)
● Add/Remove Promotionsto enhance your listings
● View Price historyto see if price is impacting performance
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Focus on people & behavior.
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Focus on people & behavior.
Adwords Audience Bidding
● Analyze audience data at varioussegmentation levels
● Edit audience bid modifiers forselected segments
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Focus on people & behavior.
Adwords Audience Bidding
● Analyze audience data at varioussegmentation levels
● Edit audience bid modifiers forselected segments
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Our CAPx platform
Focus on people & behavior.
Adwords Audience Bidding - Why we built it...
● Evolving our bidding methodology to cater to a more personalized SERP experience
● Going beyond traditional search query targeting
• In-market segments• Similar audiences• Email lists• RLSA
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
What we covered
• Why & When: The Building Blocks
• Structure is key• Campaign & ad group• Custom labels for product • Bidding rules
• Getting the most out of your budget• Budget-pacing • 24/7 bid modifiers• BF/CM budget rules
• Managing large catalogs w/ fluctuating inventory• Feed & GMC monitoring• New Products & Everything Else trap
• How our team uses technology
©Copyright AdDiego 2017 | Presented by CPC Strategy & Google
Free Adwords Scripts
Ready to install Adwords Scripts for Google Shopping
● Budget Pacing email alert (All) - https://goo.gl/SNXkwg
● 24/7 Bid Modifier script (All) - https://goo.gl/r1Tnd1
● Campaign Down alerts (All) - https://goo.gl/gJhn4f
● Movers/Shakers report (Shopping only) - https://goo.gl/oyGM6z
Slides will be available via www.cpcstrategy.com/addiego-recap
© Copyright AdDiego Summit 2017
Thank You
Slides will be available at www.cpcstrategy.com/addiego-recap