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How to make big bucks from search trend data

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Our new search trend report enables you to plan, forecast and dictate strategy to improve the cost efficiency of your digital efforts.

We’ve focused on fashion retail as an example, but these commercial trend strategies can be applied to any business model, across any industry.

Published in: Marketing
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How to make big bucks from search trend data

  1. 1. How to make big bucks from search trend data www.pi-datametrics.com
  2. 2. FORECASTING CONSUMER DEMAND / SEARCH TRENDS 2 pi-datametrics.comPi Datametrics How to make big bucks from search trend data Whatever your industry, search trend data can enable you to dictate strategy and improve the cost efficiency of your digital efforts. We’ve taken Google Trend reports to the next level by factoring in competitive data, to help you formulate a new type of content strategy that is commercially valuable. Google Trend reports give you demand data. We apply another layer. By overlaying our own, proprietary intelligence, we’ve created a search trend report which will show you how to plan and optimize your content for organic ecommerce and bricks & mortar trading. This empowers you to: • Inform strategy: Identify which products and services consumers are actively searching for. • Dictate tactics: Build a content strategy for publishing, planning and promoting, based on actual trend peaks and declines. • Enable accurate forecasting and planning: Plan for YOY trends and know when to trigger or deactivate paid campaigns to improve cost efficiencies. When a new trend surfaces, consumers act fast. Digital teams, therefore, need to be as responsive to search trend behaviour and consumer taste as possible, to capitalize on demand. N.B. We have used our proprietary Organic Value Score and Gamma reports to assign commercial value to trend data throughout this report.Gamma Report
  3. 3. BLACK FRIDAY / RETAIL REPORT 3FORECASTING CONSUMER DEMAND / SEARCH TRENDS pi-datametrics.comPi Datametrics The six main types of search trends Predict sales growth and decline with search trend data: Steady growth over the past few years. *E.g. 2016 saw the growth of ‘Ripped jeans’. GROWTH Steady decline over the past few years. *E.g. 2016 saw the decline of ‘Drop-crotch trousers’. DECLINE Sudden growth within the past months. Likely to be fleeting. *E.g. 2016 saw the rise of the ‘Off-the- shoulder look’. SHARP PEAK Peaked already and starting to decline. *E.g. 2016 saw the fall of ‘Lace up tops’. SHARP DECLINE Consistently searched year-round. *E.g. The continuous demand for overall search themes like ‘Coats, jackets & blazers’. EVERGREEN Repeats at the same time YOY. *E.g. The significant, one-time peak for ‘Christmas jumpers’. SEASONAL *Think with Google Fashion Trends 2016 Forecasted trends Reactive trends
  4. 4. FORECASTING CONSUMER DEMAND / SEARCH TRENDS 4 pi-datametrics.comPi Datametrics Forecasted trends Example: fashion industry Evergreen and seasonal trends are some of the easiest to forecast, as they’re almost guaranteed to occur year-on-year. We’ve analysed thousands of womenswear terms across eight major themes between October 2015 - September 2016. EVERGREEN SEASONAL
  5. 5. BLACK FRIDAY / RETAIL REPORT 5FORECASTING CONSUMER DEMAND / SEARCH TRENDS pi-datametrics.comPi Datametrics All of the search themes displayed in this chart are evergreen trends, as demand will always exist for these categories, yet there is still significant seasonal flux. We have trended the overall Organic Value of each search theme throughout the duration of the year to: • Reveal when each search theme peaks and declines in demand. • Highlight which themes present the most commercial opportunity online. *N.B. We have excluded the theme ‘Dresses’ in this example, as its maximum Organic Value reached over 1.5 million - it, therefore, entirely eclipsed all other search themes. Trended womenswear search themes Measured against Pi Datametrics Organic Value Score Range: Oct 2015 - Sep 2016 Source: Pi Datametrics Gamma report Coats, jackets & blazers Playsuits & jumpsuits Lingerie Skirts & shortsSwim & beachwear Tops, shirts & knitwear Trousers, jeans & bottoms Wedding 1 2 43 Womenswear search themes: Interesting takeaways ‘Lingerie’ is the 2nd most Organically Valuable search theme and peaks highest in December.* ‘Swim & beachwear’ is the 3rd most Organically Valuable search theme and peaks highest in July. ‘Coats, jackets & blazers’ is the 4th most Organically Valuable search theme and peaks highest in November. ‘Wedding’ is the 5th most Organically Valuable search theme and peaks highest in January. 1 2 3 4 Data range OrganicValue
  6. 6. To continue reading, download the full report below...

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