Show of hands how many people are using AdWords or PPC?
The goal was to lower cost per conversions while increasing customer acquisitions
Looking at the keyword breakdown in Google Analytics there were several terms with a high CPC that were not sending quality traffic. For the terms that did not appear to be converting the bids were lowered $.5 - $.10
Once the bids were dropped the campaign nose dived.
It is all Local in Grocery Customer Acquisition by: Store Acquire by STORE 20,000 UPC’s Mil Pages Google/Search 5,200 Stores Widgets 3 Widgets 13,500 5,200 Stores Email # Customers Millions 5,200 Stores Social Sites 5,200 Stores 3 Sites 13,500
$2 Million per minute
Metrics & Strategy Using Analytics to determine the value of a keyword KPIs: % New visits New Acquisitions Time on Site Bounce Rate Goal Conversions ROI Brand & Assist Keywords – brand terms are relatively cheap with high conversion rates vs general terms that are more expensive with lower conversions but assist in the user’s initial research of the product/service.
Looking at a MWG Failure Goal: Lower cost per conversion & Increase acquisitions
The cost of the generic ad group seemed too high for the amount of conversions it was driving Brand Generic
Keyword bids were dropped $.5 - $.10
One week later Bids Dropped Cause Identified & Reversed
Ecosystem: Landing Pages & Testing Search engines reward relevancy. User’s reward good design Only way to determine what works is to test. Relentlessly.
It is all Local in Grocery Customer Acquisition by: Store Acquire by STORE 20,000 UPC’s Mil Pages Google/Search 5,200 Stores Widgets 3 Widgets 13,500 5,200 Stores Email # Customers Millions 5,200 Stores Social Sites 5,200 Stores 3 Sites 13,500
Knotts Boysenberry Syrup by Store
Summary: Know your objective Go where your users are Its all local Manage the Ecosystem Test Everything Embrace Failure
0 comments
Post a comment