Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Google’s Remarketing for Search could have huge impact

GREENLIGHT PRESS RELEASE

Google’s Remarketing for Search could have huge impact on existing remarketing approach

Marketers urged to get on board with Google’s latest Remarketing for Search product or get left behind

London, 28 November 2012 – Google’s latest launch of its Remarketing for Search product, currently in beta, is a huge step from the standard advertising options that Google Adwords presents, says leading independent digital marketing agency, Greenlight. According to the Greenlight, it could have a substantial impact on the way digital marketers traditionally use remarketing and advises that it would be in their best interest to trial the product sooner rather than later or they could get left behind.

Ryan Haines, Paid Media Executive at Greenlight says:

“Remarketing for Search is a powerful targeting option for marketers whose aim is to increase brand awareness, obtain new customers and tailor ads to existing customers within the search engine results pages (SERPS). In a case study, World Travel Holding says it has seen a significant 145% increase in click through rate (CTR) versus its original campaigns.

Until now, Adwords remarketing was based on the Google display network (GDN) and was a product where digital marketers could select various audiences based on their behavioural web page browsing history. Remarketed ads would then be targeted to entice browsers and potential customers, who may have entered the conversion funnel, back to a certain webpage where they are more likely to perform a conversion function.

Google’s Remarketing for Search takes the benefits of remarketing and leverages them within the SERPs. It allows advertisers to target users on the search network based on their keyword search history within the SERPS. It facilitates a more personalised search experience, as it gives the opportunity to create and target ads based on a users' level of interaction with the brand, from new user to premium member.

Benefits

According to Greenlight, some of the major benefits of Remarketing for Search in relation to the placement of ads on the SERPs include:

• Ability to monitor bids on expensive generic keywords, as ads will be targeted towards browsers that have already been to a certain site and therefore more likely to convert.

• Higher quality of traffic as ads are targeted towards keywords instead of webpage history.

• Tailored ad copy and bidding strategies based on a customer's browsing and conversion history.

• Option to exclude existing or previous customers from brand awareness campaigns, therefore more targeted advertising, saving costs etc.

• Ensures the most relevant landing page (LP) is used based on the customer's level of interaction, keyword search and conversion history with the respective brand.

Concerns

Although this all sounds like the product should be fundamental to any good search engine marketing (SEM) campaign, Greenlight’s Haines notes that Remarketing for Search, like any Google product, comes with boxes that need to be ticked, some of which may raise more questions than answers.

“Firstly, a concern for most would be the fact that they would essentially be bidding on similar, if not the same keyword for their text ad. As always quality score will determine which ad will be shown. As mentioned, the advantage of bidding higher if need be for an audience you know has already visited your site, has some form of brand awareness and is more likely to convert and should justify this. Also, once the specific Remarketing for Search campaigns have a history and gain traction, the quality score should improve thereby helping to reduce cost per click (CPC).”

According to Greenlight’s Haines, the main red tape requirement for this product would be the fact that advertisers must use the specific Google remarketing pixel to create the audience. This automatically limits Adwords users that have limited pixel placement capabilities. Also advertisers will have to use discretion with certain 'call to action' ad copy in order to comply with Google policies. (Further details of this can be found within Google’s restrictions for sensitive categories in remarketing policies)

Haines concludes:

“It remains to be seen whether Remarketing for Search will completely change the face of remarketing as we know it. What will further impact this also depends on what tweaks are made before its release. That said, I would urge digital marketers to take the initiative to trial and test the product sooner rather than later otherwise they could find themselves left behind on one of Google's most innovative ways to create even more targeted and granular methods of online advertising.”
--

Notes to Editors:

Ryan Haines, Paid Media Executive at Greenlight, is responsible for building and maintaining performance on all accounts through optimisations, testing and strategy. He has a financial background and works with clients from across a range of verticals including Financial Services, Travel and Telecoms. Ryan has a bachelor’s degree in Commerce with a Major in Marketing from Wits University.

--

Greenlight is a leading independent digital marketing agency, providing Search and Social Media services. With over 100 blue-chip clients including Santander, New Look, Sky and ghd, Greenlight is a leader in the digital marketing space, and is recognized worldwide for its commitment to delivering record ROI for its clients and investing in the future.

Greenlight is considered the premier thought leader in the sector publishing widely read industry reports, original research and speaking at trade events. Founded in 2001, Greenlight is headquartered in London, with offices in New York. www.greenlightdigital.com

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news