AdWords Remarketing for search allows you to change your bid for a keyword if the user has been to your site before. Here are some interesting tactics to utilize this new feature:
Drive Incremental Sales With High ROI
Its hard competing with broad keywords while maintaining your ROI goal, as a result these broad keywords tend to be left inactive. So, create an adgroup that only competes in auctions for broad high volume keywords if the user has been to your site before.
- Create an adgroup for your high volume keywords
- Create a remarketing list for visitors to your website
- Add that remarketing list containing visitors to your adgroup
Bid More For Repeat Customers
If you have data that shows repeat customers on your site have an average basket size that is 20% larger than that of a new visitor you can bid more aggressively to put your ad in front of those repeat customers.
- Create a remarketing list based on visitors to a purchase confirmation page
- Add that list to a copy of an existing Adwords adgroup
- Edit bids so that they increase bids by 20% (or whatever) versus your original adgroup
Stop Paying For Clicks From People Already Subscribed To Your Email
If you have a goal to convert users to your email marketing list then you would want to exclude current subscribers from ever seeing ads. Once they have visited a page on your site that only email subscribers can get to, you can exclude them from your search campaigns.
- Create a remarketing list based on visitors to a subscription confirmation page.
- Navigate in Adwords to an existing campaign aimed at obtaining new subscribers
- Add your remarketing list containing visitors to your subscription confirmation page
- Click Custom Combinations
- Choose None of these audiences (“NOT” relationship)
Treat Different Users Differently
If your website has three different offerings to visitors you may want to message those repeat visitors with tailored ad messages. So, customize the advertising message these visitor groups will see.
- Create three remarketing lists by putting three different remarketing tags on different portions of your website
- Make three copies of an adgroup
- Edit adtexts for each adgroup copy to put the most appropriate message to the users
- Add the appropriate remarketing list to each adgroup
Re-engage Comparison Shoppers
If your customers tend to compare you to your competitors back to back you could serve ads on competitor’s brand terms only after they have visited your site first. Bidding on competitor’s brand terms tends to be expensive but using remarketing for search could make it more affordable.
- Create an adgroup for your competitors keywords
- Create a remarketing list for visitors to your website
- Add that remarketing list containing visitors to your adgroup
February 11th, 2013
For most big brands their largest distribution channel is still through retail stores (WalMart, Target, Best Buy, etc.). Once the brand sells their products to the retailer its up to the retailer to sell it through. The brands then go to work building buzz in the marketplace in hopes that they will drive people to the retailers that have their product stocked.
Retailers have their work cut out for them but one area that they can shine in is becoming an online agency for the brands products that they sell. Since ecommerce retailers already have the expertise of selling all of the merchandise they buy from brands, why not also work as the agency for those brands?
For example, let’s say that Orvis brand fly fishing equipment wants to promote their latest fly rod. They could go to a traditional agency but the agency will charge a markup on all the media they purchase. Or they could go to a retailer like Cabelas or Bass Pro Shops ecommerce team, who is already selling their fly rods on their site, and give them their budget in the form of co-op advertising dollars. 100% of the co-op dollars will go towards the media, no markups, and the retailer also has more skin in the game – the better the media budget is spent the more money they make.
Brands are used to do broad mass marketing but its becoming less effective and retailers are becoming experts and driving sales online. Combine the two and you can get closer to the opportunity in between mass marketing and direct response.
February 4th, 2013
Too often marketing campaigns that brands create are too short lived online. It takes too many resources to do an initial push and drive traffic to landing pages that will just eventually be torn down. There are instances where this makes senses, like a valentines day themed promotional page but most of the time it’s costly, risks losing followers and squanders potential.
I think there are three reasons that campaigns are forgotten so soon – online is treated like a physical retail store with limited space, too many campaigns live on social media which is inherently fleeting and traditional marketing departments incorrectly assume that if it doesn’t take off at launch it never will.
An advertising campaign in a physical store is different – there is limited space and a store can have only one look at a time so you better make it the latest and greatest. Online you have infinite space for unlimited landing page designs and concepts. Why limit yourself with arbitrary end dates?
A campaign that involves inviting people to pin to Pinterest, “tweet to win”, upload to Instagram, create a board at Polyvore or interact with a Facebook status update has a ticking expiration date the moment it’s posted (studies show social media lasts on average as little as 3 hours). To get the most out of a campaign build it in on your owned domain where it can have a long life, use social to let people know about it initially and then let people continually discover it as time goes on.
Not everyone is interested in a campaign at the same time. For most things we all fall into the mass market, we wait to see what the reviews say, what makes the best-of lists, becomes cheap and is widely adopted. But each of us is an early adopter for some specific category or genre. I am the first in line for Tim Armstrong’s latest but am the biggest laggard for the latest cool restaurant. The problem is that brands obsess only about the launch and as soon as its launched they’re off to the next sexy thing.
- It takes time to gain inbound links and crawl up in search rank, Google is designed to work in favor of content that sticks around.
- More time will give you an opportunity to collect data and from new insights.
- Use broader keywords in the content with a more evergreen perspective in mind.
- Give those early adopters on social media time to recommend it to the masses who choose to wait and haven’t decided to take the leap yet.
Life Span Of A Link From This Site
Just because something doesn’t take off right away doesnt mean its not worth sticking with – especially online, it doesn’t take much effort to design something to last.
January 28th, 2013
John Scalzi explains it so well
“So, let’s go back to 1998. You’re a new writer and you want to establish a permanent residency online. Which would be wiser: Having your own site at your own domain, or putting up a site at GeoCities? It’s 2001, same drill: Which is wiser: Having your own domain, or creating a site on AOL servers?
2003: Your own domain, or a Friendster page?
2007: Your own domain, or a MySpace page?
(Hindsight is a useful thing.)
And now it’s 2011 and the choice is one’s own domain or a page on Facebook. Guess which I think you should do.”
Yet brands still continue to promote their facebook and twitter pages over their own domains. In every published media and commercial are vague hastags of company taglines. “Like Us On Facebook!” (BTW this is not a compelling call to action) messages are still predominantly shown over domain names.
Ever since Facebook launched EdgeRank it has become a very bad option in trying to keep customers looped in. Since Facebook wants you to be as engaged as possible whenever you visit, they use an algorithm to decide what would be the most relevant content for you to see. So it is not possible to reach people who have explicitly pressed “Like” to receive your updates, unless you want to pay Facebook for more reach.
Going forward you really can no longer make any claims or give incentives to people about receiving timely updates via facebook because you can only reach 10% – 15% of them with every post. Dangerous Minds has written a very good post on why “putting a lot of energy into building a Facebook presence is a sucker’s game”.
These kinds of changes in social media that put more control in the hands of the company rather than in the hands of the user is a trend that isn’t about to slow down. Warren Ellis reports that the first cycle of social media is coming to an end:
“This may be the end of the cycle that began with Friendster and Livejournal. Not the end of social media, by any means, obviously. But it feels like this is the point at where the current systems seize up for a bit. Perhaps not even in ways that most people will notice. But social media seems now to be clearly calcifying into Big Media, with Big Media problems like cable-style carriage disputes.”
Your own site gives you credibility, control, analytics and the ability to collect information from visitors and choose how you want to communicate with them. Use social media as the spokes to which your personal site is the hub.
January 21st, 2013
Amazon is huge and only getting bigger. As Amazon continues to grow it also is becoming the largest shopping engine online for advertisers. As Google remains the search engine for all information and sometimes shopping, Amazon is exclusively for shopping. It’s no surprise that advertising on Amazon is very efficient.
Amazon Product Ads allow advertisers to load their product feed into Amazon and advertise their products alongside Amazon’s and their marketplace partner’s inventory on a cost-per-click basis. The ads show up not looking like ads at all in search results, below product detail pages, in side columns and in their own product pages and all drive customers away from Amazon and directly to the advertiser’s site.
Google Shopping still dominates in terms of volume but Amazon is catching up. From what I can see year over year across all accounts, revenue from Amazon Product Ads grew in the triple digits. Not only is it growing in revenue but it’s conversion rate is much higher than Google’s. This makes sense because any user that’s already on Amazon and searching is automatically a very motivated buyer–as opposed to someone on Google who may just be searching for information.
How long before Amazon is the portal for all shopping online – whether you’re buying from Amazon or just shopping for anything online? Google has long held the status of being the starting point for people shopping online but I think they should be very concerned with Amazon beginning to be the ones to hold that mantle.
January 14th, 2013
Using broad match as your keyword discovery tool
will help you expand the keywords in your account and once you have found good performing keywords its smart to add them as phrase and exact match too. With the same keyword on broad, phrase and exact match, results can be segmented based on match type and optimization strategies can be implemented for each keyword.
With a big account its easy to lose track of keywords that are active in broad match but not exact or phrase. Vlookup is one way to do this and another is using Google Analytics.
In Google Analytics go to Advertising > Keywords and then in the upper right hand corner of the data table click the Pivot button. Then pivot by Match Type and for the pivot metrics you can choose visits and revenue to see how efficient they are.
Download the report in CSV (to add more rows than 500 look for rowCount%3D in the URL and add the amount of rows you want after the D) and sort visits descending under the broad match column and then filter the exact match column to only show 0. Now you can see the keywords that are driving revenue in broad but not in exact. Add these keywords as exact for more insight and flexibility.
January 7th, 2013
This year I watched 85 movies
Best Movies: Drive
, Hot Coffee
, Cabin In The Woods
, The People vs George Lucas
Worst Movies: Red Tails, Take This Waltz
I watched 158 episodes of TV
Best show: Breaking Bad
Funniest: Modern Family, Runner Up: Workaholics
I Read 32 Books
Best books: Republic Lost, So Good They Can’t Ignore You, War Of Art, Travis Chase Trilogy (The Breach, Ghost Country, Deep Sky), The Master Switch
I Read 9 graphic novels
Best Graphic novels: Criminal Vol 1, Locke & Key Vol 5, Richard Stark’s Parker: The Score
Best Concert: Andrew WK @ The Bluebird, Runner Up: NoFX @ Fillmore
Best Trip: Dirt Biking in Moab
Best Albums: Masked Intruder/ST, Classics Of Love/ST, White Wires/WWIII
Best Music Discovery: Downtown Struts
Biggest Miracle: Barely missing a car accident in the snow sliding between a car and a bus
Most Stressful: Swimming 500 meters in open water during my first Triathlon
Biggest Bummer: All fireworks on 4th of July canceled due to forest fires in Colorado
Most Patriotic: Going to Obama rally at University of Colorado
Biggest DIY Project: Re-tiling shower in the bathroom
Best Purchase: Suzuki GZ250 Motorcycle
Biggest Purchase: A house
Best Fix: Replaced windshield wiper reservoir in Nissan Sentra
Best Discovery: Flushable wipes
December 31st, 2012
It’s smart to build out separate campaigns targeted to mobile and tablet devices
exclusively, as this can lead to much higher efficiency
, but the problem is keeping all of these duplicate campaigns up to date
with your desktop campaigns. You may add new keywords that perform well on desktop but neglect to add them to mobile and tablet. using the VLookup function in excel you can easily discover which keywords are paused or absent from one device to the next.
1. Download all your active keywords from your desktop campaigns (for my explanation put the keywords in column A).
2. Download all active keywords from your tablet campaigns and put them in a second tab on the desktop Excel worksheet (keywords also in column A).
3. Add a third tab on the desktop worksheet where you paste all of the keywords from the desktop account in the A column.
4. On tab three In the B column use the VLookup function so that it looks like this: =VLOOKUP(desktop_keywords!A1,tablet_keywords!A:A,1,0). What this function is saying is – take the keyword in cell A1 from the list of active keywords on desktop and then look at all the active tablet keywords in column A – if you find it, put it in this column, if not put #N/A.
5. After the function is put into place in column B, you can see the keyword that exists on desktop in column A and if there is a #N/A next to it in column B, you’ll know its not active on tablet.
6. Now you can sort by #N/A and take add all those keywords to your tablet campaigns.
December 31st, 2012
Seth Godin wrote a post explaining
“Sometimes, we can’t measure what we need, so we invent a proxy, something that’s much easier to measure and stands in as an approximation…You’ve already guessed the problem. Once you find the simple proxy and decide to make it go up, there are lots of available tactics that have nothing at all to do with improving the very thing you set out to achieve in the first place. When we fall in love with a proxy, we spend our time improving the proxy instead of focusing on our original (more important) goal instead.Gaming the system is never the goal. The goal is the goal.”
Online marketing is rife with false proxies.
1. Increase the amount of Likes/Followers+1s you have.
The goals associated to social media are typically hard to measure: strengthen the connection you have with our fans, allow for better customer satisfaction, enhance memory of your product offering, hold more of your customer’s attention. When you use the amount of Likes/Followers/+1s to act as a proxy for those goals you end up using every technique out there to beg/cajole/lead/mislead people into pressing that button. Social media strategies end up being self obsessed and include lame stuff like sweepstakes, polls and posting your latest press release – all of which give you the oposite of what you really want.
2. Increase visits
You want your site to grow but an obsession with more and more visits is an unhealthy one. Its like a drug addiction which will keep you working on sensational controversies or clever images, or other link bait that keeps the fly by night traffic coming back. If instead you engage your existing users far more deeply and Increase their participation, their devotion and their interconnection you can turn them into ambassadors, charged with the idea of bring you traffic that is focused, traffic with intent.
3. Increase page views per visit
You want to know how much people like your site but page views per visit is not the way to measure it. Focusing on the false proxy of page views per visit will lead you to become one of those awful content sites that reloads every page in a photo slideshow so you can maximize ad impressions – simultaneously maximizing how much people despise your site.
4. Increase Ad clicks and impressions
You want your advertising to be successful but getting more clicks and impressions are not meters for success. Click through rate at least gives you an idea of how relevant your ad placement is. Really you want your ads to deliver a result – like sales.
A consistent theme with false proxies in online marketing is that they are conducive to short term gain and long term loss. The better metric to use for each goal is one that focuses on how well that metric affects the end goal, not just a means to that end.
December 24th, 2012
Demand Side Platforms (DSPs) enable you to bid for individual ad impressions in real-time auctions across multiple ad exchanges. Instead of buying impressions in bulk from hand picked sites, you can use behavioral targeting data collected from cookies and data exchanges that determine the value of the impression and place a bid accordingly. This allows you to focus on the individuals
that meet your advertising criteria rather than focusing on running ads across a site that meets your criteria.
There are opportunities for manipulation and arbitrage from the middle men in these transactions with display inventory. This is due to the large gaps in what advertisers are willing to bid and the fact that there is more inventory than there are advertisers looking for placements.
Take the following scenario for example:
An impression shows up for bid. It has the following attributes:
- 24 years old
- $60,000 income
- Orlando DMA
- Has kids
- Apparel Shopper
- Health club member
- Impression is 300×250 pixels
- Site category is entertainment
Four advertisers participate in the auction:
Advertiser 1: Pampers bids $1 because they want to sell her diapers as she fits in their new mom demographic.
Advertiser 2: Piperlime bids $10 because they know she has purchased from their site before and was recently at their site looking at clothes and she fits in their typical young female demographic.
Advertiser 3: 24 Hour Fitness bids $5 promoting their time sensitive campaign to promote their new gym in her local Orlando neighborhood.
The agency acting as the middleman handling these bids from the advertisers and deciding which one will get the placement have their own margin constraint and internal auction. There’s no reason that an agency using a DSP couldn’t withhold bids from its stable of advertisers so that only the top bid available for any advertiser for each impression would be placed. They want to take home the biggest markup on the media as possible. So if the publisher asks $4 for the impression then the agency will choose to place the Piperlime ad because they stand to make the most profit – the difference between $4 and $10, even if the 24 Hour Fitness ad is more relevant.
At the end of the day the advertiser may not care because the decisions of the agency are ultimately held to the goals of the advertiser, and if those goals are met who cares how much the agency takes? The problem is they are leaving volume and potentially higher quality placements/users on the table because the placement doesn’t meet the margin constraint that the agency has in place. Ask for this level of transparency from your real time bidding DSP agency and you likely won’t get it because they don’t want you to know how much they are serving their own interests before yours.
December 20th, 2012