DoubleClick Advertiser Blog: Introducing the DoubleClick Search Commerce Suite:...:
Here at DoubleClick Search, we’ve been focused on developing tailored
solutions for retail advertisers -- delivering the scale, performance,
and speed our customers need to maximize revenue for their businesses.
Today, we’re excited to introduce the DoubleClick Search Commerce Suite,
a robust toolset offering a smarter, faster, product-centric layer to
search management. The suite is comprised of solutions that help you
automatically create and update text ad and PLA campaigns based on your
product catalog, leverage real-time data to optimize against your
product or category-level business goals, and measure it all with
flexible, product-based reports.
Putting “product” at the core of commerce investments
We
designed the DoubleClick Search Commerce Suite with products at the
core, letting you efficiently build, manage, and optimize campaigns by
seamlessly integrating with your existing product investments. As the
only platform directly integrated with Google Merchant Center,
we make your product inventory visible and accessible within
DoubleClick Search -- meaning there’s no need to navigate a separate
interface, manage a manual upload, or wait for a separate team to
deliver product feed data. Instead, anyone on your marketing team can
act on live updates, as they happen.
For example, inventory-aware campaigns uses this live product information to automatically create and update text ads, keywords, and bids based on real-time changes to your Google Merchant Center feed -- inclusive of updates to pricing, availability, product descriptions, and more -- with no extra work, and at no extra cost to set up.
For ATG Stores,
an ecommerce company for home goods, the ability to directly interact
with Google Merchant Center data in DoubleClick Search was crucial in
allowing the team to quickly iterate across their four million SKUs.
“Inventory-aware campaigns have been a game changer,” says Tom
Heffernan, Search Marketing Manager for ATG Stores. “It’s impressive to
see that what would previously have taken a full week to do is now being
updated in the system in less than an hour.” In addition to time
savings, this smart automation also helped the team take advantage of
broader long-tail keyword coverage to widen reach and uncover
incremental revenue. As a result, ATG Stores tripled their return on ad
spend (ROAS) for their inventory-managed campaigns.
Today, we’re extending the power of this product-centric automation with two new capabilities for Product Listing Ads (PLAs):
- Dynamic Product Listing Ads creation, an extension of inventory-aware campaigns, lets you automatically generate and update PLA campaigns in real time, based on your Google Merchant Center feed.
- Product Listing Ads optimization with intra-day bidding based on the freshest data lets you react quickly to changes in the market -- executing bids to meet your ROI goals on both high-volume products, as well as the long tail.
Dynamic Product Listing Ads creation
In
addition to your text ads, you can now dynamically manage your PLA
campaigns using the same, seamless workflow you use for the rest of your
campaigns -- ensuring you’re always up to date, maximizing coverage,
and driving better ROAS and volume.
Already,
advertisers are seeing the benefits. “The ability to auto-generate PLA
campaigns from existing product inventory drastically simplifies our
setup process,” said Carissa McStay, Associate Manager at global
marketing firm The Search Agency.
“I was able to generate new PLA campaigns with over 1000 ad groups by
product type in a matter of minutes -- not only saving us hours of time,
but ensuring that our new customers see the most compelling ads that
are relevant to them.”
Product Listing Ads optimization (beta)
Our Performance Bidding Suite offers the flexibility to optimize from a variety of signals and conversion sources including formula columns, external data (like calls), and Google Analytics
goals; now, these same powerful bidding algorithms extend to your PLA
campaigns. With more product-level information available, DoubleClick
Search bid strategies can fine-tune bids on high-volume products to
drive the most revenue, as well as handle the long-tail products that
may receive less traffic.
And
like with the rest of DoubleClick Search bid strategies, PLA bid
strategies benefit from access to the same real-time data, with bids based on up-to-the-minute conversions
to capture every new opportunity. This allows advertisers to respond to
market changes at the drop of a hat -- even during the busiest holiday
shopping days like Black Friday, Cyber Monday, or Valentine’s Day.
As the global leader in performance marketing, iProspect
understands that speed is often the difference between seized and
missed opportunities for retail clients. "Real-time is the future of
retail, and DoubleClick is leading the way with the ability to optimize
from real-time conversion information,” says Jeremy Hull, Director of
Bought Media at iProspect. “With fast, accurate data, DoubleClick Search
offers clients the tools they need to optimize throughout the day as
traffic shifts occur.”
Just the beginning
This
product-centric focus will continue to guide our feature development,
helping us quickly innovate additional tools that will drive revenue for
the ecommerce business. To learn more about upcoming DoubleClick Search
Commerce Suite developments in easy workflows, insightful reporting,
and new technology integrations and partnerships, stay tuned to the
DoubleClick Search blog, or follow us on Google+.
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