Eight Tips For Successful PLA Management By Mark Simon Senior Vice President, Sales and Marketing Didit Sensitive and Confidential ©2013 Didit In 2012, Google rebranded its shopping service (known by a variety of names including Google Base and Froogle) as Google Shopping, a paid-only service powered by PLAs (Product Listing Ads). While many e-tailers bridled at the change, others jumped on board, causing PLA spending to explode in Q4 2012, ultimately accounting for 17 percent of total search engine spend during the holiday season. PLA ads represent a hybrid of Google’s PPC and Product Search feed programs. PLAs include the price, a picture of the product, and a description or promotion tailored to the product. Because users don’t need to click through to your site in order to see your offer and the item’s price, PLA ads are generally self-qualifying and the pictures are more likely to attract attention from users who are looking to buy. 2 Sensitive and Confidential ©2013 Didit Implementing PLA campaigns can involve a steep learning curve and considerable ongoing effort. Management of an efficient PLA program involves significant coordination and optimization efforts between your PPC and CSE teams. But a successful PLA campaign can add revenue at equivalent ROI to a well-performing PPC campaign. Search Clicks from PLAs up over 210% from 2012 6.5% 2013 Search Clicks from PLAs 2.5% Sensitive and Confidential ©2013 Didit 2012 Search Clicks from PLAs 3 Here are eight tips we’ve found to be helpful for e-tailers running PLA campaigns. 1. Coordinate Comparison Shopping Engine (CSE) and PLA Efforts The data used to populate Product Listing Ads actually comes from your Google Comparison Shopping Engine (CSE) Data Feed. Successful implementation requires a combination of both PPC and CSE expertise. Creative text and bids are managed by Adwords. However, bidding is done not on a keyword basis, but at the product level (like CSEs). If your agency is not managing both programs for you, the onus is on you to coordinate the program so that these PPC and CSE team efforts are synchronized, not disconnected. 2. Ensure Quality Product Search Feed Data Because PLA product information and categorization are based on your Google Merchant Center/Product Search feed, it is imperative that the feed is well cared for – error-free, up to date, consistent, and content-rich. Also, be sure to keep in step with Google’s feed data requirements as they evolve and with any new functionality as Google expands the program. 4 Sensitive and Confidential ©2013 Didit 3. Take Full Advantage of the Synergy PLAs are automatically updated based on your product feed, so PLAs will help fill in any gaps in PPC keyword coverage. For example, it will stand in while you catch up on PPC keyword development programs for new product offerings. In addition, products and searches with successful PLA results can provide hints for additional PPC terms to be built out, and vice versa. 4. Apply PPC and CSE Best Practices Successful CSE filtering and optimization technology and techniques are directly applicable to PLAs; these technologies are the key to improving PLA ROI. On the PPC side, follow best practices to apply negative keywords, use your best performing creative, and include promotions. Remember that your creative text helps to differentiate you from the other sellers in the SERP neighborhood, especially if they are displaying the same product. 5. Carefully Construct the PLA Account Structure Always build separate PPC and PLA ad groups. This approach will enhance your ability to categorize groups, to weed out poor performing products easily, to control bidding, and to test ad copy. However, there is an element of ambiguity; you will need to find the ideal point of equilibrium between too many and too few categories. A conservative level of granularity will help avoid the angst of determining where to group a product that can fit into more than one category and will ease the nightmare involved in tracking results for a dizzying number of product/category combinations. Sensitive and Confidential ©2013 Didit 5 6. Look at the Big Picture Because PLAs may behave differently than typical PPC campaigns, we recommend starting with your full catalog, with the same bid for all products. Then vigilantly trim categories that aren’t meeting expectations. Through extensive ongoing analysis and a process of elimination, the cost of marketing will drop and you will be left with a relatively efficient program. 7. Test and Test Again Carefully monitor PLA results and respond accordingly; this program can churn through your budget if you are not alert. Set aside a specific budgeted amount just for PLAs. If you are looking for incremental revenue, try not to shrink your PPC spend in the process. Remember to adjust your bidding and classification structure for seasonality, as top products are replaced with other items. As in other PPC programs, in order to see the most efficient results, you must continually measure results and optimize your PLA program. 8. Don’t Set and Forget While the ROI for PLAs may not be as stellar as your longer-running PPC campaigns, the revenue can indeed generate additional revenue at an acceptable ROI. Remember, if you aren’t using PLAs, you may be missing out on significant additional impressions for branding purposes, leaving additional revenue on the table and losing sales to those competitors who have already jumped into the PLA scene. 6 Sensitive and Confidential ©2013 Didit Didit 330 Old Country Road, Suite 206 Mineola, NY 11501 Toll Free: 800-932-7761 Phone: 516-255-0500 www.didit.com About Didit A digital marketing leader since 1996, Didit provides full-service online advertising and marketing services with award-winning expertise and innovation. Recognized as a 2007 Inc. 500, Deloitte Fast 50 and Fast 500 company, Didit continues to lead the evolution of auctioned media management and online marketing with keen insight, technological know-how and a passion for advancing search and online media. 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