6 Tactics to Better Manage Your Comparison Shopping Engines - Presentation Transcript
ClearSaleing TM Confidential October 31, 2007 The Clear Sale ing TM Webinar Series 6 Tactics to Better Manage Your Comparison Shopping Engines This Holiday Season Presented by Adam Goldberg a former Google Insider and Co-Founder of Clear Sale ing TM
The 6 tactics
How to Effectively Manage All of Your Comparison Shopping Engines in One, Simple Dashboard
How to Select an Appropriate Comparison Shopping Engine
If Your Comparison Shopping Engines Should Be Managed In House or if They Should Be Outsourced
How to Determine the Most Effective Evaluation Criteria for Outsourcing Your Comparison Shopping Engines
How Comparison Shopping Engines Will Make Your Overall Online Advertising More Productive
How to Utilize the Best Reporting Requirements for Optimal Results
ClearSaleing TM Confidential
3 phases of Comparison Shopping Engines
Set-up
Unsophisticated vs. Sophisticated
Management Tools
Unsophisticated vs. Sophisticated
Management Techniques
Unsophisticated vs. Sophisticated
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Set-up Process ClearSaleing TM Confidential
In-house set-up process ClearSaleing TM Confidential Feed Configure
You need to establish relationships with each engine
Multiple points of failure
Need knowledge of each engines processes
Multiple conversion tracking codes
Outsourced set-up process ClearSaleing TM Confidential Feed Configure Feed Provider
Relationship with your feed provider
One point of failure
Only have to worry about creating 1 feed
May be able to utilize a single tracking solution
Configure
Engines have up to 24 data points per product they collect
Each have different nomenclature
Pricegrabber: Y = available
Nextag: Yes = available
Shopping: In stock = available
Categories
Electronic -> Personal Audio -> Clock Radios
Home & Garden -> Kitchen
Electronics -> Home Audio -> Other
ClearSaleing TM Confidential Configure
Configure con’t
Setting bids
Bid the category minimum or bid for top position?
Add a logo?
Category vs. SKU level bidding?
CPA vs. CPC?
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Management Tools ClearSaleing TM Confidential
Optimization: bid, ad dollar allocation, removal ClearSaleing TM Confidential Unsophisticated Sophisticated Set it and forget it Manual category Manual product level Automated category Automated product Automated profit Automated profit across CSEs Automated profit across ad sources
Does a change in bid increase performance?
Should I spend more on CSE X vs. Y?
Should I remove product X from my feed?
Reporting: category level vs. SKU level ClearSaleing TM Confidential
What SKUs helped and which hurt the category?
Are those actual sales dollars or assumed dollars?
SKU level reporting with profit calculation ClearSaleing TM Confidential
SKU level vs. category level
Actual revenue vs. assumed revenue
True ROI: Return On Investment vs. Assumed Revenue On Investment
CSE reporting vs. advertising dashboard ClearSaleing TM Confidential
Alerts
Why use alerts?
Impossible to keep your eye on 10,000’s of SKUs
Saves time by allowing you to focus
Insurance against human error
Ability to automate responses to alerts
Sophisticated companies automate optimizations based on alerts
This webinar is a must to see in today’s fast pac more
This webinar is a must to see in today’s fast pace online shopping environment. Comparison Shopping Engines are increasing in popularity as people do their holiday shopping online. Businesses with heavy Q4 sales especially cannot avoid this sales channel. Enjoy our Chief Revenue Officer and ex Google insider Adam Goldberg as he presents on the latest industry tactics. less
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