More and more people are shopping online, and advertising platforms have taken notice, giving more on-page real estate to retail-related ads.
If you’re in the retail industry, chances are you’re already using some form of online advertising to promote your products, but there is most likely room for improvement. If you thought online shopping was going away anytime soon, think again. According to Merkle’s Digital Marketing Report for Q1 2017:
So how can you ramp up your own PPC ecommerce campaigns to take advantage of this growth? In this post, we will cover six helpful tips.
Just as with search or display ads, there are plenty of options when it comes to PPC ecommerce ads. The two most popular (and fastest-growing) platforms you should be using are Google Merchant Center and Amazon Advertising.
We’ve already talked about how Google shopping ads are growing. Amazon is another great option if you’re able to host your products there. A recent report from Slice Intelligence found that spending with Amazon accounted for 43% of all US online revenue in 2016, while the company itself accounted for 53% of all online sales growth in the US. Google has even taken notice of Amazon’s success, with the company recently testing running Amazon shopping ads on Google.
For this tip, we’re going to focus on Google Merchant Center, which uses shopping feeds to pull information for your AdWords ecommerce campaigns. You should already have your Google AdWords and Google Merchant Center accounts linked, but if you don’t, this is the best place to start. Connecting the two accounts will allow you to advertise your products in the form of shopping ads in AdWords. Watch this video to learn more.
Your shopping feed in the merchant center is what Google will ultimately use to advertise your products. AdWords Product Listing Ads pull all of your product information - including brand, price, availability, etc. - directly from your shopping feed. Google Merchant Center in particular is very finicky about the rules regarding your shopping feeds. A simple omission of required information or failure to keep up-to-date with their fast-changing policies can get you a data suspension warning.
This is a very important step and one that is often overlooked by ecommerce companies. In order to truly track the revenue being generated by your PPC ecommerce campaigns, you should install Analytics ecommerce tracking. As long as your shopping feeds are set up with the proper item prices, Analytics ecommerce tracking will give you great visibility into the specific items that are selling, how much revenue you’re making from each sale, and where those sales are coming from. This will make it easier to optimize your PPC ecommerce campaigns as well.
Similar to search or display ads, there are lots of ways to optimize your shopping ads:
As is the case with any type of advertising, the ad is only part of the equation. It’s not enough to get people excited enough about what you’re selling to click on your ad, you also have to give them a great landing page experience. In this day and age, that means a simple product page usually won’t cut it. To stay competitive with the bigger brand-names that are probably also selling your products, you need to have an enticing landing page that not only includes product specifications and information, but engaging videos, photos, and user reviews.
It’s important with PPC ecommerce campaigns, more than any other type of campaign, to keep an eye on what your competitors are doing. Prices can rise and fall and sales can come and go so quickly that if you’re not paying attention, you might miss out on an opportunity to get more sales and revenue. If you’re not paying careful attention, before you know it, you’ll notice your sales for a specific brand name or product dropping below normal levels. Typically in these instances, a competitor is advertising a lower price or taking advantage of a sale, and in turn is taking customers away from you.
If you’re advertising on Google Merchant Center and have an AdWords account connected, you can use the Auction Insights report to see which competitors are outperforming you in terms of impression share and rank. This can be extremely helpful in determining who your biggest competitors are and seeing if someone suddenly started participating in more auctions, affecting your sales.
Finally. having a good remarketing campaign in place can make all the difference when it comes to your PPC ecommerce campaigns. Most searchers start out in a research-minded phase, scouring the web for products they might be interested in buying. This means they might come to your site, look around, and leave before making a decision. If you have the proper remarketing tracking codes in place, and a good remarketing campaign running, you can make sure you stay in front of these searchers so that you’re still top-of-mind when they are ready to make a purchase. As your ads continue to reappear to the searcher, they should contain new and enticing information, and land the searcher on a different page than their last search. This might mean creating some additional bottom-of-the-funnel content to help guide them through their decision-making phase.