Product Extensions for U.S. AdWords Advertisers

Google has just rolled out a new feature of AdWords – product extensions which shall be available for all U.S. AdWords advertisers.  Product extensions are new ways by which you can add more relevant and specific information to your Google product ads.

AdWords’ product extensions let  you use your existing Google Merchant Center account for highlighting products directly in search ads, so that when your AdWords text ad appears and your Google Merchant Center account contains products that are relevant to the searcher’s query, it will display images, titles and prices of your products in what Google calls as plusbox located under your ad.

Succesful transactions resulting from AdWords product extensions are charged to your account on a cost-per-click basis. Meaning you won’t be charged if a user simply expands the plusbox and did not click through your site. Product extensions could improve your ads’ CTR (clickthrough rate).

In addition, since product extensions are charged on a CPC basis, it will only display if your ad is triggered by one of the keywords in your product extensions enabled campaign. You can even select which products are to be displayed when a user’s query triggers your ads.

To add product extensions to your Google AdWords ads, simply log in to Google Merchant Center and add your AdWords customer ID to your Account. Then visit the campaign settings tab under your AdWords account and click on the “Ad extensions” option. You will then nee to select “Use product images and information from my Google Merchant Center account.

Check out the SEO Tools guide at Search Engine Journal.

Product Extensions for U.S. AdWords Advertisers

Online Ad Revenues On the Rise

The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers released their latest Internet advertising numbers for the third quarter. According to the organizations, Internet advertising revenues reached nearly $5.5 billion for the quarter. That is an increase of 1.7% from the second quarter.

The numbers are still significantly down from the same period last year, but any increase is a good sign of things to come. There has been a 5.4% decline from last year.

“The Internet has transformed the consumer experience of media, providing marketers with unprecedented opportunities to engage with their customers,” said Randall Rothenberg, President and CEO of the IAB. “The advertising sector overall has been hard hit by the economy, but digital media has been a bright spot within the larger economic downturn as it is capturing an ever-increasing piece of marketers’ advertising spend.”

“While all segments of the media industry have experienced declines, online advertising remains resilient and is once again showing signs of growth,” said David Silverman, a partner at PricewaterhouseCoopers LLP.

The information from the IAB/PWC is considered the most accurate measurement of interactive ad revenue, the IAB says, because its compiled directly from info supplied by companies selling advertising on the web. The IAB releases a full report twice a year to reflect half-year periods. It will be interesting to see how the second half of the year plays out in its entirety.

Related Articles:

> Online Advertising is Having a Big Year

> Online Ad Revenue Tops $10 Billion

> IAB Releases Ad Unit Guidelines Update

Retailers Funneling More Money To Bing

Bing has managed to turn retailers’ heads in a big way.  After looking at statistics from part of 2008, SearchIgnite reported that retailers spent almost 50 percent more with Microsoft’s search engine this time around, which puts Google and Yahoo partly to shame.

What do you make of Bing’s increasing popularity?  Let us know in the comments section.

Or, to be more precise, “Retailers have spent 47% more on search ads on Bing in Q4 this year than during this same time period in 2008,” according to SearchIgnite.  “Compared with Google and Yahoo!, Bing also saw better YoY click volume growth.”

Additionally, “[a]verage order values on Bing are 21% higher than across all engines, which could account for the spend growth.”

Impressive, right?  It’s only when you sort of step back for a moment that Bing’s achievements look less stunning.  That’s because, despite the progress Microsoft has made, exactly 75 percent of advertisers’ dollars went to Google during the first part of this quarter, and 16 percent headed to Yahoo.  Bing grabbed just 8 percent.

Still, some headway is better than none, and retailers are demonstrating a lot of confidence in Bing by giving it a try during the all-important holiday season.

Will retailers benefit by paying more attention to Bing?  Have your say.

Related Articles:

> Microsoft Takes Users Behind Bing

> Bing Gets A Bunch Of New Search Features

> Some Bing Users Seeing Latest Posts On Publisher Searches

Borrowing From PPC

Search marketers know that if the title of the ad matches the searchers keyword query, they stand a good chance of getting the click.

This mirroring strategy works for obvious reasons. The visitor already has a psychological attachment to the phrase – after all, they typed it in!

Making Sure You Get The Click

A lot of SEO strategy talks about how to achieve rankings.

Whilst important, the SEO pro knows ranking is only half the battle won. While it’s true to say most searchers will click on the top results in preference to results lower down the page, they will also scan across the various titles displayed. All links on the results page compete for the click, and a compelling title may win out over a higher ranking position.

If the user doesn’t find what they want when they scan, they will likely rephrase their search and try again. So the way you phrase your title tag is not only important in terms of helping attain a ranking position, it is also important that it stands out.

But how do you know which phrases will work?

What You Can Learn From Adwords

Actually, the answer is right in front of us.

Google rewards top performing Adwords advertisers with the top positions i.e. the advertisers who are achieving the highest click thru rates. The copy and titles you see in the top PPC ads are proven.

If the advertiser has been in that position for some time, it is highly likely s/he is making a positive return on their spend. Their approach is, therefore, working.

That’s a lot of valuable information.

Look at the copy the advertisers are using. What words are they using in the title? Try emulating their approach. Emulating their description is a little more tricky as Google uses snippets. However, if the phrase the user is searching for also appears in your meta description tag, Google will tend to display the tag snippet instead.

Of course, SEO’s have to balance ranking considerations, too, but if you can get these factors aligned, you’re in a great position. Given that most people – estimated to be around 70-80% – will click on a natural search result, as opposed to an advertisment, if you can occupy the top few spots using a similar phrasing as the PPC advertiser, you are more likely to get the click.

Don’t stop there.

Check out the landing pages used by the top advertisers. If they are occupying top positions over a long period of time, they are either carelessly blowing through a lot of cash, or, more likely, their PPC campaign is making money.

Whilst it’s not advisable to copy exactly what they do – and it’s probably against the law – you can use their approach as a guide. How are they structuring their landing pages? Where are they placing their offer? What language are they using? What titles are they using? How is the copy structured?

Use a similar approach in your SEO campaign.

One thing to be careful of is to understand that SEO and PPC often have a different focus. PPC tends to be driven by ROI and other profit per visitor type metrics. Once a PPC advertiser pays for the click, they try to move the visitor to desired action quickly.

SEO, on the other hand, can afford to be less specific as there is little jeopardy in only appealing to a tiny fraction of visitors who click. SEO can afford to go wide and broad. Engagement and brand metrics come into play a bit more in SEO.

By The Way…..

Because SEO can afford to go broad, and has the added task of ranking for keywords based on the content of your page, Google’s Wonder Wheel is a great tool for finding related phrases which you can integrate into your copy.

If you haven’t heard of the Wonder Wheel, here is how to find it:

1. Conduct a search. Click on “Show Options…”

2. Click on “Wonder Wheel” (shown on the list at the right hand side)

3. Click on a few of the spokes….

4. Integrate any relevant, related keyword terms in your copy….

I use this tool a lot as it’s great for picking up on long tail searches that still relate to your chosen keyword term. If any of these terms prove worthwhile, you can then develop separate pages to target them specifically.

PPC Has Always Been the Wrong Term

It may seem like a small point, but “pay-per-click” was the nickname given to paid search advertising back when it started out, but it only describes a pricing method, not the nature of the media or what we seek from it. (In the proto-days of that same technology, “paid keywords” or “buying keywords” was another way of describing it.)

I was reminded of this whole mental muddle today reading the headline from an email solicitation, something about “getting more PPC without using Google”.

But that whole line is kind of old hat. It’s the come-on that opportunistic, non-search-based ad platform companies used to sell their crummy, remnant, and sometimes fraudulent contextual text ad inventory. Sometimes it couldn’t have even been described that neatly. It was traffic, and you paid for the clicks, and potentially you used keywords to guide the system towards certain publishers, but that was about it. You might as well have paid the effective CPM rate, as bid on clicks. Didn’t matter.

That’s why I always advocated paid search as the term of choice for people who really wanted to go after clicks from ordered results placed near search engine results, but it scarcely matters what I advocate! — people will use all kinds of terms.

SEM is another term that arose. Agenda-setters in the business tried to remind everyone that paid search (or “PPC”) is one sub-type of SEM (search engine marketing), and SEO (on the “organic side”) is another sub-type. But the fight to make SEM exclusively the global term, and not to be used as synonymous with PPC or paid search, was lost. SEM is often used interchangeably with PPC or paid search.

No matter. With all of these nomenclature battles being unwinnable, we should turn our attention to the whole reason “PPC” was so attractive as a pricing mechanism. It’s because it represented a happy medium between CPM (paying only for impressions — “cost per thousand impressions”) and CPA (”cost per acquisition” — paying for lead conversions or even revenue-generating sales conversions).

You can draw up equivalents across these mechanisms, and measure or express them all for your keyword (paid search) campaigns. So the click isn’t anything special. It can be expressed in its CPM equivalent and you can and should also be measuring ROI, ROAS, or CPA.

Indeed, according to some scholars [see "Greedy Bidding Strategies for Keyword Auctions"], the most rational strategy for bidding in a digital media auction would take you straight to CPA or revenue if that was possible. If you could bid directly on the customer acquisition or revenue, you would. (And in fact, that’s what some forms of bid management automation attempt to do, at one or two removes. And it’s what manual campaign management also attempts to do, painstakingly.)

But step back further. Are search, keywords, or clicks inherently special? Why the drive to distinguish them from other forms of media? Is it for what they are, or what they represent?

It has to be the latter. They represent potentially the most extreme (and measurable) form of granular targeting and flexible bidding, of a certain type. This is reflected in the sky-high effective CPM rates for some keywords.

But that means that all of this distinguishing one type or another is done mostly for economic or practical reasons.

Search and keywords (and clicks) fall into the general category of auction-based digital media. Whether we’re bidding on clicks, acquisitions, impressions, or other, the universe of digital media is amenable to similar tests. From a rational bidder’s standpoint, there should be no inherently good or bad media, nothing inherently “creepy” or “wrong,” nothing inherently above reproach either.

That’s mostly true. It’s not entirely true. (Dropping ad-laden anvils on prospects’ vehicles is interruption media, and some companies would pay for it, but it’s stupid and illegal.) But isn’t it a good starting point for analysis?

“PPC” doesn’t matter per se. So pitches like “now you can get ‘PPC’ from other channels than Google” shouldn’t have any special weight. You shouldn’t be looking too hard for that inventory if your economic criteria show it’s not going to pay off for you. Nor should you have been ignoring it all along just because you thought that “PPC” or “Google” were special for some inherent reason.

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