Question 1

Should I use search with my e-commerce business?

Accepted Answer

Shopping campaigns are way more effective than Search campaigns when you’re targeting a wide audience. This is because search campaigns require search terms to run whereas shopping campaigns use Google’s 70 million signals to determine whether to show the product to someone. The former is inbound and the latter is outbound.

However, always build both Search and Shopping campaigns for your eComm companies, because:

Shopping Ads and Text Ads (from Search) have different formats and they do appear in different placements/properties throughout Google network
Being different, there are instances when both shopping and text ads can appear at the same time. This increased exposure is beneficial.
In most cases, shopping ads do perform better but this is no guarantee so you also need to, at least, test search ads.
There are accounts where the reach for the shopping ads is not sufficient to spend the monthly budget. Thus, you need to supplement shopping with search.
Aside the above reasons, presenting a setup with search and shopping ads (and explaining the differences and the performance projections for each ad format) is better than the alternative (not having Search ads and wondering "why not").

Question 2

What are Cart Abandonment Campaigns and Cart Abandonment Audiences?

Accepted Answer

If you see significantly more product value being added to the cart than what is being purchased, consider adding a Cart Abandonment Audience to a Remarketing Campaign to try to get those hot leads back.

Use Display Ads so that any other websites they visit, like competitor sites, they will see your ad saying, “Finish your checkout and you’ll get 10% off with coupon code x”.

(***Make sure to only add new audiences to the Remarketing Campaign after the campaign has proven that the ROAS is there or else you will simply be putting budget & effort into something that converts at a negative net profit.)

Question 3

What are conversion action triggers?

Accepted Answer

Conversion Actions - To be able to track a conversion, we would need a "trigger" for that conversion action.

A trigger can be one of the following:

A thank you page that only loads after a successful submission/optin.
A code that runs after a successful submission/optin.
A unique event that is only executed upon a successful submission/optin. For example, CTM sends a "Calls" event once a phone number is dialed.

Question 4

What are Dynamic Search Ads (DSA) Campaigns? When should I use DSA?

Accepted Answer

DSA Campaigns are used as learning experiments - You may choose to build dynamic search ad campaigns because they help you learn what ad copy & keywords to use in the other campaigns, in case you missed any important and effective words. Adding new words to the other campaigns can be helpful to optimize -- and it can be especially helpful if you’re hitting a spend ceiling and would like to raise the budget. It’s a way to identify, rather than guess, which keywords to target.

When to use - These campaigns are 100% created by the algorithm based on the words used in the landing page -- the algorithm decides what ad text and what keywords to use. These are only good for websites that are extremely specific and have content centered on a set of keywords.

How to use - Give the campaign a small budget. These campaigns have the ability to spend a lot of money very quickly, and DSA campaigns usually have a lower conversion rate than other types of campaigns, so it’s okay to let it be in the “limited by budget” status.

Optimize - When you’re ready to see it’s results, go to the DSA campaign and click on Search Terms. Sort by impressions to see which terms have a high amount of search volume. From there, find the ones that are actually getting clicks. Use those terms in the other campaigns.

Question 5

What are my resources as a Solutions 8 client?

Accepted Answer

When you become a Solutions 8 client, you are assigned an entire marketing department team for less than the cost of a part-time employee.

Your team is made up of:

A dedicated client manager
Specialist and backup specialist
Strategist

Question 6

What are some high-level recommended campaign bidding strategies?

Accepted Answer

Bid Strategies

Step 1:Non-Shopping Campaigns: Start with manual CPC with eCPC enabled (because eCPC is the option that uses a bit of Google’s automation, but is mostly manual). This is nice because you can control the bids, but it’s not very scalable because it’s high maintenance, and because a machine will do it better than a human ever could. After you have around 100 conversions with high frequency (like a sale every other day, for example), at this point we’ve given the algorithm enough data for it to pick up where we left off and make it better. Now you can switch from eCPC to a smart bidding strategy like Target CPC. It leverages the data that you’ve already provided.

Shopping Campaignss: Start with a regular Shopping campaign before switching to a Smart Shopping campaign, because regular Shopping campaigns are inbound (meaning people are searching for the product when the ad appears) whereas Smart Shopping is outbound (meaning Google will try to show it to the type of people who might be interested), so the Smart algorithm can’t do outbound well, and therefore will never prove ROAS, without plenty of data. So, start with Shopping campaign using Manual CPC (usually w/enhanced enabled unless you have super low profit margin and you're trying to prove concept)

After 35 - 45 days of gathering consistent conversion data (aka converting at a normal cadence with a reliable pattern), then pause all shopping campaigns & replace it with a new Smart Shopping campaign using Maximize Conversions (which is the only bidding option). After 35 - 45 more days if the campaign isn’t hitting an acceptable ROAS, you can turn on the optional ROAS goal within the Maximize Conversions bidding strategy.

You don’t want to start off with a ROAS goal because it won’t get any conversions because it doesn’t have enough outbound data yet. Once you've given it that data, turning on the ROAS goal will restrict it to only spend when it thinks it can hit that goal, so spend starts to decrease, the campaign gets less activity, you get less clicks per day, but you should get a higher quality click and conversions that are making your ROAS.

One additional strategy is to spend more $/budget to force Smart Shopping campaigns to go find new markets by removing the Target ROAS goal.

Step 2:

Step 3: Now that your ROAS is high, you can begin to give it more daily ad spend to see if you can increase the amount of conversions. So now, instead of spending $100/day and getting $300, you can try spending $500/day and getting $1500. Just make sure the ROAS doesn’t dip.

Display Pay Per Conversion - This is a new type of campaign/bid strategy in which you only pay for a conversion, and it’s only when the conversion doesn’t go above what you said you would pay. Begin with a super high CPA and then decrease it slowly. The idea is to get the CPA as low as possible (at which point you'll just turn off any regular Proactive Display campaign and just use this one). These types of campaigns can get lots of fake conversions generated by bots. Captcha prevents the bots from submitting forms and wasting ad spend.

Question 7

What Can I Afford To Pay For A Lead From Paid Ads?

Accepted Answer

If you’ve been using Google Ads or other paid advertising platforms to generate leads, you probably noticed that among all of them, Google tends to have the highest cost per lead (CPL).

Why?

Because the conversion rates of those leads are usually higher. Google understands the intention of its users and uses their algorithm to actively seek out users who have shown an interest in your product—those who are ready to buy.

According to Unbounce, “50% of people arriving at a retailers site from paid ads are more likely to buy than those who came from an organic link.” Click-throughs from PPC results convert 1.5 times more than organic search results (Atomic Reach). Meaning, in terms of getting higher bottom-funnel conversions, PPC beats SEO.

To make sure you have a well-optimized PPC campaign that generates revenue, it’s crucial to gather conversion data first. Sure, it might take some time. But it’s one of the most important elements in building high-performing campaigns that give you a huge return for every dollar you spend in advertising.

Question 8

What do you recommend for a new product launch?

Accepted Answer

If you are launching a new product, there are a few things we can do to get it out into the ad ecosystem.

First of all, if you add the product to your eCommerce store, then it will automatically be added to the Smart Shopping campaign through the product feed after a few days. However, depending on how large your store is, it could take the algorithm quite some time to give the new product ad spend and gather conversion data on it. If you want to speed that process up, we can give the product it's own campaign(s) to force the account to devote ad spend to it more quickly.

We can give it it's own budget and run the following campaigns:

Shopping (eventually the product will be switched over to the main Smart Shopping campaign once we are done with the "push")
GSP and Display - These work especially well with remarketing audiences of recent website visitors
YouTube - Do you have a video to promote the product? If so, we can try YouTube shopping to get eyes on it.
Search - Temporarily running a search campaign on a new product can help the ad account gather conversion data more quickly because it allows the algorithm to see what the ideal, target customer looks like.

Question 9

What does "Proven ROAS" mean?

Accepted Answer

A campaign that has proven ROAS means that it’s ROAS is or was at whatever number you need it to be at in order to make a profit.

For example, a 100% ROAS means you spend $1 on ads and get $1 back.

This is never a large enough number because the business will undoubtedly have other expenses beyond just ad spend, so this campaign has not proven it’s ROAS.

400% ROAS is a general rule of thumb for the minimum number you should be aiming for if the business doesn’t know it’s exact costs & you therefore can’t calculate an exact ROAS metric.

This is because 400% lets you break even if the business has a 25% profit margin. You get to make at least 4x your money back to break even. If you want to cover an agency fee, then they’ll have to get to 450% ish.

Find current ROAS: All conversion value / cost

Find minimum, break-even ROAS: If 60% profit margin, figure out how many times 60% goes into 100% (60/100 = 1.7). Then, add two zeros to turn that into a percent and you get 160% break-even ROAS.

***Pro tip: If you are an e-commerce company, set up a custom column in Google Ads to display ROAS in a % format (fyi, if you don’t set this column up, you can look at “conversion value/cost” column which gives you the same ROAS number but in decimal format).

Question 10

What if a campaign is not spending all of the budget?

Accepted Answer

Sometimes businesses would rather gain more impression share than hit a super high goal because the goal might be more profit than they really need and they want volume/scale.

For example, if you are targeting ROAS, then the campaign prioritizes that ROAS over spending all the budget, which means you’ve reached audience capacity and your options are either:

Find a new/wider audience with different keywords
Lower the bid strategy goal