Introducing the DoubleClick Search Commerce Suite: A smarter, faster, product-centric layer to search management
February 4th, 2014 | Published in Google DoubleClick
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+.