Restaurant Equipment Industry
Transcription
Restaurant Equipment Industry
Restaurant Equipment Industry Case Study Comparison Shopping Engine Management CASE STUDY Problem The Client: This Restaurant Equipment Industry Company is a business- to-business supplier of top quality restaurant appliances and supplies. They are a prominent player in the commercial kitchen industry and their business grows annually. A prominent restaurant equipment business was a successful merchant in Google Product Search and had experienced growth from working with Vertical Rail throughout 2011. However, in 2012 Google switched from the free to use Google Product Search to the paid Google Shopping. We devised a strategy to help them onboard and combat the challenges of the new Google Shopping. Goals Gain visibility in Google Shopping through impressions. Increase site traffic and qualified clicks. Increase transactions. Increase revenue. 1 Challenges for RES The highly competitive commercial kitchen industry had just entered into a “survival of the fittest” situation as many merchants were scrambling to cope with the onset of the new Google Shopping paid model. We knew we had to act fast and efficiently to stay ahead of the curve and establish our client’s market share quickly. With over 150,000 products, we had to make intelligent decisions regarding product priority in regard to bid costs. Budgets needed to be reallocated from other online marketing channels to accommodate new Google Shopping click costs. 350.00% 300.00% Impressions 250.00% Clicks 200.00% 150.00% 100.00% 50.00% 0.00% Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 2 Strategy Google Product Search had served our client well in the past so we aimed to transition them into profitable and thriving Google Shopping adopters. With over 150,000 products, we had to get their business in the Google Shopping game quickly or risk losing visibility to their competitors. Vertical Rail devised a plan to structure campaigns to elevate core products with known sales history and establish specific levels of visibility, tailored around margins, seasonal product line shifts, varying commercial versus residential markets and products with comparative advantage. This program was implemented based upon keyword research, sales data, and analytics with budgets and campaign details tailored to fit their short and longterm sales goals. We immediately: Launch customized PLA campaigns in Google AdWords. - These campaigns were targeted towards different aspects of the restaurant equipment industry. For example, we had campaigns that targeted specific brands, best-sellers, promotional campaigns, and more. Optimize product data feeds and gain visibility. 3 How We Did It After accessing this restaurant equipment company’s base data feed, we… Researched the commercial kitchen industry, its seasonality, its major brands and how MAP pricing policy affected all aspects. Effectively organize the vast amount of product data from the website. Formatted the feed per the specifications of Google Shopping. Refined product attributes and made sure that each product was properly listed. From there our team built PLA campaigns using Google Adwords … We organized each product into relevant ad groups. We set auto targets that were aimed at specific subsets of their inventory. Each campaign was intended to make sure our client appeared prominently in Google Shopping keyword searches. 250.00% 200.00% PLA Revenue 150.00% 100.00% 50.00% 0.00% Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 4 How We Did It Next, we applied bid management on each product using Google AdWords… We designated budgets for specific campaigns, such as a campaign that targeted specific regions of the country or a campaign that targeted specific product types. We placed the appropriate bid on each campaign to ensure visibility while maintaining a manageable budget. - Higher bids were placed on best-sellers, and lower bids were placed on products that were likely to be clicked but not purchased. Finally, to optimize their data feed we… Edited each of their products, SKU by SKU, to make sure the appropriate keywords were properly positioned within their product titles and descriptions. Ensured that each SKU met Google’s attribute requirements. Uploaded our keyword rich data feed, daily. 20,000 Visits Transactions 15,000 10,000 5,000 0 Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul 5 Results & Successes Within 2 Months: Impressions grew by 54.68% Visits grew by 47.96% Clicks grew by 54.68% Transactions grew by 33.33% PLA Revenue grew by 57.21% Within 6 Months: Impressions grew by 151.60% Visits grew by 59.64% Clicks grew by 135.85% Transactions grew by 47.61% PLA Revenue grew by 86.93% Within 10 Months Impressions grew by 205.39% Visits grew by 287.08% Clicks grew by 76.14% Transactions grew by 60.11% PLA Revenue grew by 159.01% 6 Win The Race “ “ Win the race. I felt like I was constantly behind in a race chasing Google and many of the comparison shopping sites to keep up with both their changes and those my competitors made. Once I turned the management over to Vertical Rail I had confidence that I was in the lead and no longer running a losing race, I was in it to win it. – Company Chief Information Officer 00 7 Vertical Rail is not a dashboard or an automated marketing tool. We act as an extension of your Ecommerce marketing team. We apply real-time human observation and comprehensive analysis to a merchant’s data and marketing strategy to achieve measurable results. RESULTS Your Vertical Rail Team 335 Spreckels Dr., Suite D | Aptos, CA 95003 Toll-free: 1.888.736.4367 | Local: 1.831.661.5893
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