Paid Search Advanced Techniques and Processes Alan Boughen Director, New York ‘The 11 Things Google Doesn’t Want You to Know’
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Paid Search Advanced Techniques and Processes Alan Boughen Director, New York ‘The 11 Things Google Doesn’t Want You to Know’ Campaign Optimization 1. Throttle Up Early • In the first few days / weeks of a new campaign bid as high as you can – Bid high enough to put your keywords into the top positions – The top positions will achieve the best CTRs • Once CTR history has been established drop bids to sustainable levels – Because Google’s ranking algorithm takes CTR into account, the historically high CTR means you will now be paying less for higher positions Case Study: Throttling Up Late 12000 Clicks $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 $0.80 $0.60 $0.40 $0.20 $- CPC 10000 8000 6000 4000 2000 9/ 15 9/ / 20 16 06 9/ / 20 17 06 9/ / 20 18 06 / 9/ 200 19 6 9/ / 20 20 06 9/ / 20 21 06 9/ / 20 22 06 9/ / 20 23 06 9/ / 20 24 06 9/ / 20 25 06 / 9/ 200 26 6 9/ / 20 27 06 9/ / 20 28 06 9/ / 20 29 06 /2 00 6 0 CPC throttled up 2 weeks into campaign Within 4 days CPCs can be reduced to optimal level but clicks have more than doubled 2. Integrate With Other Media Channels • Match the flight dates of search campaigns to other online and offline media campaigns – Especially TV • Ensure daily budget caps are set sufficiently high to capture the additional search volume generated • Consider fully integrated ‘drive to search’ campaigns such as Google: Pontiac and The Apprentice / Yahoo – Beware of guerilla marketers who may seek to hijack the traffic generated (e.g. Mazda in the Google: Pontiac example) Case Study: Integrating Search with TV Measuring Demand Generated from Television Advertising 350% AFC Season Finale Game Kansas City 37, Cincinnati 3 "keyword" up 78% AFC Wildcard Playoff Pittsburgh 31, Cincinnati 17 "keyword" up 134% AFC Divisional Playoffs Denver 27, New England 13 "keyword" up 134% 24, Season Premier Palmer Assassinated Day-After Queries Even 24, Episode Two Evidence Destroyed Day-After Queries up 16% AFC Championship Game Pittsburgh 34, Denver 17 "keyword" up 217% 300% 250% 200% 150% Baseline: Dec. 12 – 18 100% 50% 0% 12/12/2005 12/19/2005 12/26/2005 1/2/2006 1/9/2006 1/16/2006 1/23/2006 Chart: Daily volume of Google.com searches on “keyword” originating from the US 1/30/2006 3. Utilize Bid Management Software • Remove bid gaps on Yahoo – Use the software to implement bid jamming rules • Forces competing advertisers to pay premium CPCs • Eventually causes the bid landscape to normalize – This tactic will work until Yahoo changes their ranking algorithm when Panama rolls out in Q1 ‘07 • Manage to the appropriate goal – ROI / ROAS / CPA / CPO (you should always shoot for one of these) – Position – Max. bid / Avg. CPC • If you can’t use a tool then at least run a modeling exercise to establish an allowable CPC BPSuccessZone forces Revatio to pay $46.00 CPC while it only pays $0.76 for “Hypertension Management” 1. Pulmonary Hypertension Medication Get information on a treatment for PAH. revatio.com (Advertiser's Max Bid: $46.00) 2. Manage Your Hypertension Request free information about the BP Success Zone program. bpsuccesszone.com (Advertiser's Max Bid: $45.99) 3. Natural Remedy for Hypertension All natural Hyperexol™ is guaranteed to drop blood pressure 30 points in 30 days or it's free. Clinically proven to work without side effects and backed by a 1 year money back guarantee. www.techmedica.com (Advertiser's Max Bid: $0.75) 4. All-Natural High Blood Pressure Support Proprietary blend effectively reduces blood cholesterol levels, strengthens heart muscles, reduces tension, rejuvenates the nerves, & purifies the blood. Guaranteed results. Secure ordering. www.alternative-medicines.com (Advertiser's Max Bid: $0.55) 5. Remedymd Remedymd is a full-service provider of intelligent software solutions for physicians and their patients. Our web-based products include Cardioemr, Outcometrack, and myhealthmanager. www.remedymd.com (Advertiser's Max Bid: $0.35) Case Study: Lowering CPC’s By Finding Bid Gaps Clicks Our Cost Their Cost $700.00 $600.00 14 Competitor paid $46.00 CPC 12 $500.00 10 $400.00 8 $300.00 6 $200.00 4 $100.00 We paid $0.76 CPC 3/ 29 /2 00 6 3/ 30 /2 00 6 3/ 31 /2 00 6 4/ 1/ 20 06 4/ 2/ 20 06 4/ 3/ 20 06 $- 2 0 • For select terms, we discovered large gaps in the bid landscape between 1st and 2nd position • We dropped bids to 2nd position, saving our client money and forcing the competitor in 1st position to pay a premium for top spot • In one case, we dropped our client’s quarterly avg. CPC by more than 50% • In another case (left), we only paid $0.76 CPC while forcing the top bidder to pay their full max bid price of $46.00, a 5000% premium 4. Budgeting • Cascade budgets – Break out best performing / high priority terms into sub-campaigns and ensure they receive the lion’s share of the budget – Quarantine high volume / lower relevance keywords into their own sub-campaign and ration their spend • Break out separate budgets for CPA, Branding and Test – Makes measurement easier • Use the throttling tools appropriately – Default is to spread impressions out evenly over the campaign flight dates – In some cases may be desirable to spend at 100% until budget is exhausted (e.g. product launch / PR) 5. Keywords • Use negative keywords to screen out undesirable impressions – e.g. When promoting the new ‘davinci’ chip from Texas Instruments negative keywords such as ‘code’ and ‘leonardo’ were used • Map keywords to the purchase funnel and adjust creative according to the user’s intent • Expand keyword lists to tap into the ‘long tail’ – Lower CPCs and higher propensity to convert Map Keywords to the Purchase Funnel Keywords RESEARCH / ENGAGEMENT CONSIDERATION/ COMPARISON PURCHASE digital cameras buying a digital camera digital camera reviews Canon camera reviews Canon s500 review Canon s500 sale Canon s500 in stock Map Creative to the Purchase Funnel Stages of the Buying Cycle Search Example Keywords: Example Creative: Awareness Business printing Interest Varieties of Laser printers Consider Laser printing comparison Purchase HP LaserJet Printer 6. Creative Best Practices • Run multiple creatives and track them back to conversions – 3-5 creative versions per ad group is optimal – Can also test multiple landing pages using creative rotation – Be careful not to test too many variables simultaneously or you won’t learn anything! • Screen out the prospects you don’t want by using pre-qualifying language in the copy – e.g. ‘Buy Season Passes for Six Flags’ to dissuade users looking for day tickets from clicking • Make sure the keyword is in the headline – Use dynamic keyword insertion • If you are a brand name advertiser bidding against affiliates then ensure you mention ‘Official Site’ somewhere in the copy 7. Day-Parting • Analyze results to look at which days of the week and times of the day achieve the best conversion rate / CPA • Use a bid management tool or site provided day-parting tools to target your campaign towards the best performing day parts – Exclude or bid lower during the low-performing day parts – Heavy up during the high-performing day parts Maximizing Reach 8. Use Psychographic Targeting • Build out content only ad groups using non-search keywords – Use psychographic targeting information from your media campaign to identify affinity keywords • e.g. ‘best golf courses’, ‘fine wine’ for a financial services advertiser targeting high net worth investors – Run these ad groups in content only – opt out of search distribution • Do the same thing with Google site targeting – Select channels which fit with the psychographic / affinity targets identified, not just the obviously relevant channels 9. There Is More Than Just Google • Consider running with the other players – – – – – Tier 1 :Yahoo, MSN Tier 2: Ask Vertical: Business.com Contextual: Kanoodle, Industry Brains Pay Per Call: Ingenio • Consider Yahoo paid inclusion • Consider shopping feeds / price comparison engines Miscellaneous 10. Competitive Intelligence • Search for your power keywords and look at your competitors ads – Monitor the positions they are in at different times of day – If they disappear later in the day this is evidence of exhausted daily budgets – may present opportunities to heavy up later in the day and maximize on their lack of presence – Look at the creative and offers used in the top ads and emulate them • Ask sales reps for industry benchmarks – Will give you an idea of how your campaign stacks up against an anonymous basket of your competitors (spend, clicks, CTR, CPC) • Figure out the keywords your competitors are using – ComScore qSearch – Googspy.com 11. Protect Yourself From Invalid Clicks • Track and optimize everything to conversion • Look for spikes and report unusual activity to the engines, especially if running in search and content syndication • Avoid geo-targeting the whole world – Establish separate sub-campaigns for each country you wish to target • Beware of some of the smaller PPC engines – They tend to have less stringent detection and prevention methodologies than the larger engines • Don’t panic – its not as bad as the scare stories would have you believe! Additional Resources • Search Engine Watch – www.searchenginewatch.com • Google AdWords Learning Center – www.google.com/adwords/learningcenter • Google – The Maximum Effect – www.google.com/ads/library/maximimum_effect_dec03.pdf • Search Engine Marketing Inc. – Bill Hunt, Mike Moran • Various blogs, forums and helpful sites – www.sempo.org/learning_center/resources About NeoSearch@Ogilvy • NeoSearch@Ogilvy is the specialist Search Marketing division of Neo@Ogilvy, the digital and direct response media arm of OgilvyOne Worldwide • NeoSearch@Ogilvy has been running Search Engine Marketing (SEM) campaigns for our clients since 1999. 30 search marketing professionals are based in the New York office • Specialists in both Organic and Paid search • Fully integrated with Ogilvy, incorporating Search Marketing into 360 Brand Stewardship® and Customer Ownership™ • Strong relationships with major search partners – Member of agency advisory boards for Google, Yahoo, MSN and Ingenio – Google Advertising Professionals Qualified Company • Senior team with 5+ years experience in the search space – Tremendous legacy in demand generation, ROI and optimization Thank you Alan Boughen Director, New York [email protected]