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4 Data-Driven Hacks to Turn Searchers Into E-Commerce Shoppers
MIKE PEREKUPKA, SIDECAR SR. STATISTICAL ANALYST
@Kissmetrics
#KissWebinar
@thuelmadsen
Thue is the Kissmetrics Webinar Wizard and Marketing Ops Manager. Before joining forces with Kissmetrics, he
was a Lyft driver in SF, which is also how he ended up as a Kissmetrics marketer. Whenever Thue is not trying to
automate everything around him, you can find him hiking in the Sierras.
THUE MADSEN Marketing Operations Manager, Kissmetrics
@ThueLMadsen
Mike is a Senior Statistical Analyst at Sidecar. He also moonlights as an Adjunct Professor of Statistics at
Rowan University. Before joining Sidecar, Mike was a high school math teacher and a data analyst for NASA. When not crunching numbers, he can be found on the nearest tennis court preparing for his next tournament.
MIKE PEREKUPKA Sr. Statistical Analyst, Sidecar
@MPerekupka
@getsidecar
#KissWebinar
@MPerekupka
1 The Google Landscape
Dimensions Tab
Item ID Report
Search Queries
Mobile Segmentation
2 The Shopping Landscape
3 Let’s Talk Mobile
TABLE OF CONTENTS
4 What’s in a Query
5 Data-Driven Hacks
WATCH WEBINAR RECORDING NOW
The Google Landscape
THE GOOGLE SERP HAS CHANGED
A DATA-DRIVEN CHANNEL
Weighted CPC = ((Clicks1 x Cost1) + (Clicks2 x Cost2) + (ClicksN x CostN))/(Total Clicks)
ROAS = Revenue/Costs
r = ((n x Σxy) - (Σx)(Σy))/sqrt((n x Σx^2) - (Σx)^2) (n x Σy^2 - (Σy)^2))
Optimal CPC = (Revenue/Orders) x (Orders/Clicks) x COS GOAL
AOV = Revenue/Orders
CPA = Cost / Conversion
Contribution Margin = Channel Revenue - Channel Spend
Imp. Share = Impressions / Total Eligibility
Imp. Share = Impressions / Total Eligibility
Imp. Share = Impressions / Total Eligibility
CTR = Clicks / Impressions
Impression Share = Impressions / Total Eligibility
Pointed Toe Pumps - Navy $49.95 mckenziesco.com
McKenziesco.com - Clothing & Accessories Ad www.mckenziesco.com/ Shop our large selection of curated shoes, clothing, accessories & more! Free Shipping • Easy Returns
McKenziesco.com - Shop McKenzie’s Ad www.mckenziesco.com/ Large selection of curated clothing & accessories. New arrivals • Daily Restocks • Easy Returns
VS
A)
B)
THE GOOGLE LANDSCAPE
In 2016 Retailers Spent 53%
of their AdWords budget on Shopping
Campaigns Up from 47% in 2015
Shopping revenue as percent of site
sales grew 77% YoY
54% of shoppers started their
product searches on Google
The Shopping Landscape
A GROWING OPPORTUNITY
THE SHOPPING LANDSCAPE
Google Shopping spend
grew 30% YoY
Mobile percent of total shopping spend
grew 48% YoY Mobile
revenue grew
134% YoY
Let’s Talk Mobile
Phones are getting bigger, and laptops are getting smaller—blurring the lines between what’s considered a mobile device and what’s not.
THE CHANGING MOBILE EXPERIENCE
How do you appropriately evaluate each query?
What’s in a Query?
KEY FACT: QUERIES ARE USER-GENERATED CONTENT
running shoes
KEY FACT: QUERIES ARE USER-GENERATED CONTENT
blue nike free 5.0 running shoes
PURCHASE CYCLE
early late
CONVERSION POTENTIAL
low high
PURCHASE CYCLE
early late
CONVERSION POTENTIAL
low high
Kelsey Michele
blue nike free 5.0 running shoes running shoes
NOT ALL QUERIES ARE CREATED EQUAL
Data-Driven Hacks
Impressions
Clicks
Ad Spend
Orders
Revenue Conversion Rate
ROAS
Traffic Trends
Budget
Website Orders Material
Shipping Costs
Conversions
Profit Cost-Per-Click
Benchmark CPC
Benchmark CTR
Assisted Conversions
View Thru Conversions
Customer Lifetime Value
Page Views
Price Changes
Seasonality Days to Purchase
Brand Price Point
Average Order Value Margin
Cost of Sale Profit/Loss
Category
Product Type
Color
Style
Repurchase Rate
Competition
Inventory Local Inventory Ads
New Customer Acquisition
Co-op Marketing
BID $1.10 BID $0.65 BID $1.10 BID $1.00 BID $0.90 BID $1.15
BID $1.10 BID $0.70 BID $0.25 BID $1.00 BID $1.15 BID $0.65
BID $1.00 BID $0.95 BID $0.90 BID $0.40 BID $1.10 BID $0.75
A DATA-DRIVEN CHANNEL
DATA DRIVEN HACKS
HACK 1 DIMENSIONS TAB
Your new go-to AdWords tab for viewing Google Shopping data any
way you want.
HACK 2 ITEM ID REPORT
The AdWords Item ID Report can reveal top-performing items and help
you revive items that lag.
HACK 3 SEARCH QUERIES
The words and phrases shoppers use to find your products on Google—and
how to capitalize on them.
HACK 4 MOBILE SEGMENTATION Turn mobile clicks into sales by
segmenting your Google Shopping campaigns by device.
HACK 1: DIMENSIONS TAB
Your new go-to AdWords tab for viewing Google Shopping data any way you want.
HACK 1: DIMENSIONS TAB
GEO-TARGETING ADJUSTMENTS View performance by state, city, ZIP code, etc. to evaluate efficiency and make adjustments where appropriate. 01. DAY-PARTING ADJUSTMENTS Isolate performance by day of the week or hour of day to implement day-parting in your bidding strategy. 02.
EVALUATE CAMPAIGN STRUCTURE View catalog performance by category, product type, or brand to evaluate and update your current bidding strategy. 03.
HACK 2: ITEM ID REPORT
The AdWords Item ID Report can reveal top-performing items and help you revive items that lag.
HACK 2: ITEM ID REPORT
SORT BY CLICKS Get a view into your most important products in the channel. 01. CONSIDER PRODUCT BREAKOUTS If any product is receiving enough traffic or generating enough orders—consider breaking the product out and assigning it a unique bid. 02.
DOWNLOAD AND SEGMENT BY DEVICE Get a lens into product performance across device. Use this data to help determine if shoppers research on one device and then purchase on another. 03.
HACK 3: SEARCH QUERIES
The words and phrases shoppers use to find your products on Google—and how to capitalize on them.
HACK 3: SEARCH QUERIES
SORT BY IMPRESSIONS View the most commonly searched queries that trigger your Shopping ads. 01. SORT BY COST Are any queries driving up cost but never leading to conversions? Consider implementing negative keywords. 02.
EXACT / PHRASE / BROAD MATCH NEGATIVE KEYWORDS Consider the consequences of entering negatives, and use the correct keyword type to maximize efficiency. 03.
HACK 4: MOBILE SEGMENTATION
Turn mobile clicks into sales by segmenting your Google Shopping campaigns by device.
HACK 4: MOBILE SEGMENTATION
VIEW PERFORMANCE ACROSS DEVICE How does traffic break down across devices? Is any device performing inefficiently? 01. CONSIDER DEVICE ADJUSTMENTS If clicks on any device are harming campaign efficiency, implement a negative bid adjustment to reduce spend. 02.
SEGMENT MOBILE TRAFFIC If enough traffic is coming through mobile, consider creating a mobile-only campaign to segment the traffic as it generally performs much differently. 03.
DATA DRIVEN HACKS
HACK 1 DIMENSIONS TAB
Your new go-to AdWords tab for viewing Google Shopping data any
way you want.
HACK 2 ITEM ID REPORT
The AdWords Item ID Report can reveal top-performing items and help
you revive items that lag.
HACK 3 SEARCH QUERIES
The words and phrases shoppers use to find your products on Google—and
how to capitalize on them.
HACK 4 MOBILE SEGMENTATION Turn mobile clicks into sales by
segmenting your Google Shopping campaigns by device.
LEARN MORE NOW
Discover how Kissmetrics can help you optimize your marketing
MIKE PEREKUPKA Sr. Statistical Analyst, Sidecar
@MPerekupka
THUE MADSEN Marketing Operations Manager, Kissmetrics
@ThueLMadsen
Questions?