To help your eCommerce business prep for the 2021 holiday season, we’re publishing a multi-part blog series with digital marketing strategies you need to implement today. Today, we’re focusing on PPC.
Paid search advertising can be a huge boon to your business during the holiday shopping season, but it can be difficult to know exactly where to put your money to beat out competitors and maximize customer purchases.
Good news: By planning your strategy now, you’re giving yourself plenty of time to figure it out.
To help you get started, we’re sharing 10 of our proven strategies, developed from years of working with leading eCommerce companies across the globe:
- Review historical campaign budget.
- Avoid losing out on holiday exposure.
- Break top performers into their own campaigns.
- Get aggressive with your bids.
- Plan your promotional calendar.
- Schedule holiday-specific PPC ads.
- Find opportunities in holiday-specific keywords.
- Optimize your product feed.
- Create a plan for out-of-stock products.
- Plan your post-holiday evaluation.
Keep reading for more details, or request a free customized proposal from our team anytime.
10 Ways to Create a Killer Holiday PPC Strategy
It’s no secret that shoppers behave differently during the frenzied shopping season, which seems to grow longer every year. To find success, your paid search ads campaigns should be optimized differently, too.
Here are the strategies we recommend for our eCommerce clients during the busiest time of the year:
1. Review historical campaign budget.
All signs point to 2021 being just as unanticipated a shopping season as 2020. But you can (and should!) still prepare by looking at historic performance, especially your ad spend.
For a more comprehensive understanding of your optimal budget, we recommend looking at your holiday spend from 2018-2020. Review how much your campaigns spent and how they performed — and remember that eCommerce (especially mobile eCommerce) will continue to grow into a larger share of the holiday shopping market.
As long as the evidence supports it, start planning for an increased budget for your holiday paid search campaigns.
2. Avoid losing out on holiday exposure.
The advertising space gets crowded during the holiday season, so make sure you’re maximizing your ads’ exposure.
Start by looking at last year’s search impression shares, both around Black Friday and Cyber Monday and throughout the rest of the holiday season. Did your competitors outbid you last year? Did you have high ROAS campaigns that had low search impression share? Either is a sign that you probably left money on the table.
This year, stay ahead of the competition by proactively making sure your campaign’s bids and budgets won’t result in you missing out on high-value traffic.
3. Break top performers into their own campaigns.
Holidays mean increased traffic to your campaigns. As a result, your campaigns will often run out of budget.
When traffic is heavy, you don’t want your top performers to be restricted by budget. If they’re not already, consider breaking them out into their own ad campaigns to maximize their reach this holiday season. By separating your top performers into unique campaigns, you get more control over specific budgets, meaning you can easily adjust your spend for the best return possible.
Not sure if a top-performing product deserves its own campaign? Download our free campaign budget analysis tool for an easy-to-use spreadsheet.
4. Get aggressive with your bids.
Traffic isn’t the only thing that will increase during the holidays. Competition will, too — which means it’s time to turn up the heat on your bids.
Cost-per-clicks will rise over the next few months for popular products and keywords, and your bidding strategies will need to adjust to keep up:
- If you’re using an automated strategy, amp up the aggressiveness of your bidding to maintain your positions in ad results.
- If you’re manually bidding, keep a close eye on your search impression share throughout the season. When you see drops in your rankings, make appropriate bid optimizations to boost them again.
5. Plan your promotional calendar.
Don’t have a promotional ad calendar yet? Make that your first priority. Decide what products you’re going to promote when, based on the holiday calendar and your historical performance data.
Once you’ve spoken with your promotional team and have your calendar in hand, prep your Google Ads accounts accordingly. Set up your promotions in Google Merchant Center and ensure your promotion extensions are live, too.
6. Schedule holiday-specific PPC ads.
You can’t rely on your everyday product ads to pull double-duty for the holiday season. If you want to maximize your results, you need to invest time and energy into holiday-specific ad copy.
Consider what’s important to holiday shoppers, and incorporate those phrases and ideas into your ad copy, along with power words and holiday phrases. Some examples:
- “Buy Today for Pre-Christmas Arrival”
- “Holiday Sale: Up to 50% Off”
If you sell products that could be used for holiday gatherings, add that into your copy, too (like “Holiday Party Napkins”).
Of course, don’t forget to create ads for any new holiday products you’re launching, too.
Pro tip: Work with your SEO and social media teams to make sure your copywriting strategies are aligned during this crucial time.
7. Find opportunities in specific holiday keywords.
As you’re creating holiday-specific ads, research potential holiday keywords that you can target. This is more than just keywords like “gifts”; they can get as granular as you want, based on factors like search volume, CPC, and your brand’s past performance.
Say you sell dog toys. You could (and probably should) run ads for keywords like “gifts for dogs,” but you’ll likely also find success with keywords like:
- “Christmas dog toys”
- “Dog toys Christmas sale”
- “Holiday dog toys”
The best part: Many eCommerce businesses forget to target these keywords in their holiday PPC strategy, so they could have less competition — and a higher return for your brand.
8. Optimize your product feed.
Your Google Shopping feed should always be optimized. But, if you haven’t already done so (or it’s been a while since you last looked through your feed), make sure to update it long before holiday shoppers start their browsing.
Every listing should include the bare minimum to help shoppers find your products:
- A Global Tracking Identification Number (GTIN)
- The right keywords
- A specific product category
- An optimized product description
- Attractive, original product images
Get started now with our Google Shopping data feed optimization guide.
9. Create a plan for out-of-stock products.
eCommerce brands have been plagued with supply chain issues since COVID-19 first emerged. Make a plan now for how your ad strategy will change should your top-performing products go out of stock at any point in the shopping season (but especially early on).
Some strategies you might consider:
- Featuring a similar, back-up product on the out-of-stock product’s landing page
- Identifying another product category to use the out-of-stock product category’s budget
- Using a low, catch-all campaign to find other well-performing categories
- Testing against new categories and products
10. Plan your post-holiday evaluation.
By the time the new year rolls around, you’ll be ready to take a breather — but make sure to look back on your performance before putting the 2021 holiday season behind you.
Your campaigns will be fresh in your mind, so now’s the time to debrief with your team. What went well? What could have been improved?
We recommend looking at a few factors in particular:
- ROAS: If your campaign ROAS was high throughout the holiday season, it’s likely a sign that you could have spent more. You can use this to justify a higher budget in 2022.
- CPA: Similarly, if your campaigns were blowing your CPA targets out of the water in a good way, you probably had opportunities for more spend.
If either of these metrics surpassed your expectations, take a look at your search impression share. That should confirm any suspicions about your spend — and, if there was room for increases, exactly how much.
Design Your Holiday PPC Strategy Now
With less than six months until the holiday shopping season kicks off, now is the time to start evaluating your 2021 paid search advertising strategy. Invest the time and energy into reviewing historical data and making a plan today, and you’ll see it pay off in dividends when you most need it to.
If you want some help making it happen, reach out to an eCommerce PPC team like Inflow’s. An expert strategist can review your past performance to create a holiday strategy tailored to your business with the best chance of success.
In the meantime, review our other digital marketing holiday guides at the links below: