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By Laurie Sullivan

Google Ads Performance Planner, a planning tool that predicts the impact of campaigns on conversions and clicks, is based on billions of search queries and auction data updated every 24 hours. The planner, which Google announced at Marketing Live, became available this week.

The Performance Planner identifies the best budget amount to spend for campaigns to drive incremental conversions. On average, Google has seen advertisers drive 43% more conversions by using the tool, according to Ahmad Ismail, product manager at Google Ads.

“Let’s say you have a $92,000 monthly budget across 100 Search campaigns,” Ismail wrote in a post. “The planner will recommend how to distribute that $92,000 across those Search campaigns to maximize conversions and project results from these changes in your forecast.”

He explains how advertisers can use the planner to try other adjustments such as different spend levels and CPAs by clicking on various spend points to see how results change the conversions.

“For example, you can see the difference in conversion volume you could receive at a $12 CPA against a $20 CPA,” he wrote.

The planning tool allows advertisers to create a plan to see forecasts for campaigns, explore forecasts by adjusting different campaign settings, and quickly implement changes to the plan.

Among the benefits, marketers can identifying the campaign’s projected monthly and quarterly performance, as well as gain suggestions that can help campaigns perform better for the same spend.

The tool was announced at Google Marketing Live.

By Laurie Sullivan

Sourced from MediaPost

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In my opinion, every single paid search campaign should be a remarketing campaign.

Gasp, I said it.

Should, not could.

Should, because if you have a remarketing strategy using “Target and Bid” audiences with both positive and negative audience bid modifiers you can shape your remarketing strategy to drive traffic across the decision journey.

Now, let me take a break here, because that was a mouthful – and over the remainder of the article I’m going to unpack what this means and five tips that will help you do this.

The variety of remarketing tactics available within paid search today are growing from the remarketing list in search ads (RLSA), to customer match, custom audiences, similar audiences, like audiences all the way to in-market audiences.

In order to take advantage of most remarketing tactics, you need to have tracking set up.

  • Google Ads: You either need Google Analytics or the Google remarketing tag implemented.
  • Bing Ads: You need to have Universal Event Tracking (UET) set up for your account. UET tracks conversion goals and target audiences with remarketing lists.

Once a customer has engaged with your website in one way, shape, or form, you can use a remarketing campaign to make sure that you’re messaging correctly, because the average consumer engagement is going to involve more than one touch before they actually make the purchase.

Use that space between in a strategic way to guide targeted customer segments in the right direction – all you have to do is capture the data.

The power behind remarketing is the ability to overlay audience data on top of search campaigns and the targeting capabilities that come with it.

Using “bid & target: option for audiences allows you to overlay your audience data on to your search campaigns, and adjust everything from keywords, to ad copy, to landing pages, to your bid strategy based on the user data and intent.

Why You Need to Understand Your Funnels to Create Great Remarketing Campaigns

Before I dig into the tactical steps behind creating a remarketing funnel, here’s an example that characterizes what remarketing is and how it can be used to drive a customer’s purchase cycle.

Let’s say you are an online retailer selling tickets for sporting events. I go to your website looking to purchase tickets to a Seattle Seahawks game.

I go through various pages on your website, looking at different games, availability of seats, and even add a set of tickets to my cart for a game, but before completing the transaction I pull the plug –  no sale.

Based on my time spent on your site, you can pull different bits of information and use that to continue to reach me as I continue my shopping journey across the web.

You already know I had some level of purchase intent, so the next time I’m online searching for Seahawks tickets or tickets to an upcoming event, you could go back and remarket that exact game and seats I added to your cart, using the game day details, ticket prices, seats, etc. to make a very targeted ad, specific to me.

5 Tips to Create Amazing Remarketing Campaigns & Funnels

1. Understand & Optimize the Time Constraints Related to Consumer Purchase Cycles Then Adjust Your Membership Duration Accordingly

When you create a remarketing list, you’re allowed to set a membership duration timeframe (or look back window) for how long a person’s cookie remains in your marketing list.

Many marketers leave this set at the default setting of 30 days; however, marketers who are using search for demand generation will create lists with unique look back windows based on the purchase or lead gen cycle.

Here are a few ideas to consider with setting the remarketing window:

  • For awareness and brand campaigns, I typically recommend setting a longer look back window.
  • For ecommerce and lead gen campaigns, I typically recommend setting the look back window to 10-20 percent beyond the time frame of the average purchase cycle, to include those who may take a little longer to make their purchase.
  • For campaigns related to products and services that are perishable (like travel, entertainment, tickets, etc.), you’ll still want to use purchase window tied to the expiration date.

For instance, let’s go back to the Seahawks game.

I know the date of the game (let’s say it’s on December 30) so I know that any tickets I don’t sell by 1 p.m. PT on December 30 are perishable. If today is December 1, I would set my membership duration to 29 days.

If you don’t know the specifics about your purchase cycle to understand what timeframe to set your membership duration, get insights from your analytics account.

In Google Analytics, go to Conversions > Multi-Channel Funnels, then Select Time Lag. This report shows how many conversions resulted from purchase paths by number of days in length. 

2. Create Multiple Audiences & Remarketing Lists Based on the Purchase Journey & User Behaviors/Actions

Here, it’s important to really understand the steps of your purchase journey and cycle. Based on those steps and stages, create unique audience lists.

I like to create a purchase journey map where I document:

  • What the step of the journey is.
  • How I’m tracking that specific step.
  • The list name.
  • My thought process for the different ways I am thinking about using that specific list.

For the Seahawks ticket example – I can create lists specific to the Seahawks, or their opponent, or CenturyLink Stadium, or potentially to each individual game date so long as that information is passed through the URL string.

Here are a few of the different types of remarketing lists I may create the following types of lists:

  • Visited Website
  • Visited the ticket page for Football
  • Visited the Seahawks Page
  • Visited the Select a Seat Page
  • Added Seats to Cart
  • Started Entering Billing Information
  • Completed Transaction
  • Created a new account
  • Logged into Account

Based on each of these specific on-site actions I could assign them to stages of the consumer decision journey.

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I could also start to figure out how I would change my search marketing strategy from including the keywords I would target, the ad copy messaging, the landing page, or even my bid optimization strategy, based on the action that the consumer took.

3. Adjust Your Consumer Messaging Based on the Audience List & Keywords Targeted

Once you’ve mapped out the purchase journey and what audience will align to each step you’ll need to figure out how to apply it to your search strategy.

Should you shift consumer messaging based on the keywords they’re searching and where they are at within that purchase journey?

This opportunity to shift your messaging could be one of many different things:

  • Ad copy can be customized based on products and services as the consumer goes down the purchase path. Pull in specific data such as pricing, quantity of products available, offers, etc. into your ad copy based on the audience list.
  • Use ad customizers like countdown messaging for promotions or events.
  • For abandoned carts, you could offer a discount or incentive to bring the consumer back to your store.

This is getting to the heart of how you may be planning on using the specific list.

Let’s go back to my Seahawks game day example. Because the Seahawks tickets are perishable, you may choose to use the countdown ad customizer to include how many days are remaining before game day – or counting down to the hours until the game starts.

Also, think about your ad extensions and how you can customize and leverage your ad extensions to be more specific about stage of the funnel and even where you might choose to land the visitor on the site.

4. Understand Your Landing Pages & Think About Conversion Rate Optimization

Think about where you would take someone if they’re in a different stage of the purchase journey.

How would you optimize your landing page and its content to make it more personal, more curated, and more relevant to that searcher?

In my Seahawks example, where would you choose to take a user is they came back after abandoning the cart and searched for “Seahawks tickets”?

You can set up an A/B test to two different landing pages for the same ad copy to see if you can impact conversion rate.

I would most likely run the test of sending them either to the page for the specific Seahawks game as well as the core Seahawks page.

If my site had the capability, I might also use a site link extension to call out the rough ticket price that was previously selected and take them to the “select a seat” phase of the purchase journey; and then use the additional site link extensions for the core Seahawks page or other upcoming games.

With audiences, you can test the ad copy and landing page elements to optimize to conversion rate!

5. Adjust Your Bid Strategy Based on Audience

Adjusting your bid optimization strategy for audience targeted campaigns is an often overlooked tactic.

Because you can assign audience lists at the ad group and campaign level, it means that you can adjust your bid optimization strategy, too.

Based on the past or previous engagements with the user, would you have a different ROAS/ROI or optimization target?

For instance, I’ve managed search campaigns where net new customers had a ROAS target of 125 percent versus existing customers had an optimization target of 250 percent.

Why?

Because while our existing bid models didn’t include lifetime value, we knew from our internal data that 20 percent of the new customers would become regular repeat customers, so we could be more aggressive to acquire net-new users.

Here’s the main takeaway:

If you’re trying to create an amazing remarketing funnel, it goes back to looking at your data and understanding consumer intent and behavior and then mapping that behavior and intent to your search campaigns.

From there you can customize just about everything when you are using the “Target and Bid” setting for audiences.

Without Data, We’re Just Making Guesses at a Customer’s Intentions

There’s a lot of great information available to you within your analytics account to essentially go down and create a ton of in-depth remarketing lists that can be layered on top of your search campaigns.

This gives you the necessary levers to pull for your keywords, ad copy, landing pages, and your bid optimization tools and tactics – and it should be a central part of your business’s sales strategy.

The world is your oyster, go forth and start creating ah-maz-ing remarketing campaigns.

By 

Sourced from Search Engine Journal

By John Jantsch

If you want to run a business today, you need to be advertising on Facebook and Google. These two tech giants dominate the online advertising market, and their reach is so incredibly broad (both have billions of users each month) that to leave them out of your strategy is to not have an online strategy at all.

However, if you take a look into how to approach advertising on these sites, you’ll find some conflicting opinions online. And of course the advertising approach for a large company is going to be very different from the one undertaken by a small business with a limited marketing budget.

Here, we’ll look at how to make Facebook and Google work best for you, the small business owner.

Determine Your Budget

Before you go off down the marketing rabbit hole, the first thing you need to do is set a realistic budget for yourself. It’s entirely possible to run an effective marketing campaign online with an outrageous spend, but you’ll need to understand what you’re willing and able to spend before you can develop an approach to using these tools effectively.

When you’re thinking about budget, it’s critical that you consider the budget for the year, not just month to month. Your online marketing campaign will not be successful if it comes in fits and starts—as one of our guest bloggers noted here, being a consistent presence online and in front of customers is a key component of building trust and driving conversions. That means that when you think about marketing budget, you need to think about your long game.

Have a Gameplan

After you’ve determined what you’re willing and able to spend, you’ll also want to set really clear objectives for your marketing campaign. Sure, you’re hoping to win more business, but how do you measure success? Number of conversions? Number of sales? Percentage of revenue growth?

Understanding what your expectations are for your marketing efforts will allow you to better understand the results of your campaign and refine your approach further in the future.

Understand Your Prospective Customers

Each small business is solving a unique problem, and therefore has their own unique cohort of prospective customers that could benefit from their good or service.

One of the key benefits to using Google and Facebook advertising is that they allow you to get really specific about the people who will see your advertising.

How to Find Your Audience on Facebook

I go into greater detail on this podcast about setting up your Facebook Business Manager account, but once you have that up and running there are a number of tools you’ll want to take advantage of to identify your most promising prospects.

  • Facebook Pixel is a line of code that you can install on your own company’s website. This code will allow you to track those who visit your site and send them targeted ads on Facebook based on their behavior. If someone’s already expressed interest in your business by visiting your website but hasn’t yet become a customer, you’ll want them to encounter you again on Facebook. The more consistently someone sees your brand across various channels, the more likely they’ll be to go and check you out in greater depth.
  • Creating lookalike audiences is another key component to optimizing your Facebook advertising. Facebook allows you to upload a list of your current customers, and then they generate a list of users who have similar attributes to those with whom you already do business.

How to Find Your Audience on Google

Google also provides business owners with a number of avenues to target specific users with their advertising.

  • Google Ads (formerly AdWords) allows you to target your ads by location and search words. There is some legwork you need to do up front to research the most effective keywords for your business. Putting in the time at the start to do the research phase correctly can result in really stellar results for your business and will get you the most bang for your advertising buck.
  • Google Local Services Ads are an important tool for tradesmen, technicians, or those who offer services to homeowners. Local Services Ads curates a list of providers of a particular service in a particular area (i.e. “electricians in San Francisco”). This puts your business front and center with those homeowners who are in immediate need of the service you provide. Your contact information is available, and so it’s a direct way to not only generate a lead but gain a new customer right on the spot.

Understand How to Best Use Each Platform

Facebook and Google both allow you to target your most promising prospects and to get detailed analytics about the success of your campaign, but there are some differences between advertising on the two sites, and so your approach to each should be unique.

Facebook’s ethos is all about creating community, so when someone searches for a business there, the first thing they see is how their friends are interacting with the brand. Once they head to the business’s page, they’re encouraged to invite their friends to “like” the page. The advertising is visually-driven, allowing you to paint a picture (literally) of what your business can do. The endorsements of friends and other Facebook users and the image-rich pages all allow you to present your business as one that’s trustworthy—you’ve earned the kudos of real people and you’re not afraid to share pictures and videos that show who your company really is.

Google’s paid search takes a different approach that’s more about immediacy. With a paid search ad, your company appears in line with results to a particular query. That means that if you’re a florist in San Diego, and someone is in desperate need of flowers in that geographical area, you can ensure you’re the first name they see when they type “florist near me” into their Google search. This allows you to become the immediate solution to their pressing issue. Google’s platform also incorporates ratings and reviews into some of its advertising (specifically as a part of Local Services Ads) and those with the highest ratings are often bumped up to the top of the results list. This means that reviews and trustworthiness are still a key component of the game on Google.

Two Advertising Tactics are Better Than One

While each platform has their own unique strengths, there is even more value in using the two together. Facebook cites a case study from the digital marketing technology firm Kenshoo, to illustrate this point. Kenshoo looked at Experian’s paid search approach and found that using Facebook and Google ads together helped to improve the overall effectiveness of their campaign.

Because users often turn to Facebook first and go there for personal recommendations from friends and other users, having advertising present on Facebook is a valuable first step to gaining a prospect’s attention. As I’ve noted before, 90 percent of consumers say they trust a recommendation from a friend or family member, and 70 percent say they trust a personal recommendation from any fellow consumer (even a stranger online).

In their case study, Kenshoo noted that when Experian advertised on both Facebook and Google, they saw a 19 percent increase in total conversions, while spending 10 percent less overall per acquisition. Using both platforms together allows you to get in front of prospects across multiple channels, build trust, and make the conversion.

Pay Attention to the Analytics and Pivot Accordingly

Both Google and Facebook ads provide you with a lot of information about how your ads are performing.

Do you have an ad that’s reaching the right people but isn’t resulting in leads or conversions? If you’ve put together an expensive television ad or print campaign that isn’t generating results, you’ve already spent the money and can’t take it all back.

Fortunately, with online advertising you’re able to quickly scrap ideas that aren’t successful and test out new approaches. And if you make tweaks to your advertising one step at a time, applying the principle of A/B testing, you’re able to see what change you’ve made that’s generating the most positive results from your audience. From there, you can hone in on that approach and expand it to other marketing and advertising efforts.

Facebook and Google ads are really great for small businesses because they’re a low risk and potentially high reward way to reach new customers. Both platforms make it easy to find those who are most likely to want to interact with your brand, which makes lead generation and conversion an easier task. And if you’re willing to go the extra mile and sort through the analytics that come back from your campaigns, you can use that information to further refine your approach in the future, thereby creating more and more effective advertising campaigns each time.

By John Jantsch

Sourced from Duct Tape Marketing