Loading...
Answers
MenuWhat's a typical channel PPC ad spend for a large fashion brand or clothing retailer (Banana Republic, Nordstrom, Anthropologie, Adidas, Oakley, etc)?
I am working on a mobile platform that will offer highly targeted advertising opportunities for fashion brands and retailers. I don't have a ton of experience selling to them though. How do you price/structure this? Who's buying (what role) digital ad packages in these industry verticals? How many users would we need on our platform, to even make a compelling offer? Trying to understand how to sell an ad offering to a large company. Thank you!
Answers
20-100k/day depending on their size - it's a big investment.
Why don't we hop on a call to discuss further and next steps to help you target them?
Question. Why would people come to your platform & why would a high end brand advertise on your platform? The key to your success will be on quality of audience and how many people end up converting. How will you drive people into your platform? Think about some exclusive incentives to offer your visitors.
The engagement and the demographics of the users would dictate if a company would purchase ad slots on your platform.
According to a recent study conducted by Mine What, 60% of people begin shopping by using a search engine to find the products they want, and 81% of shoppers conduct online research before they make a purchase. Whenever I am shopping in a store, I find myself hopping on Google to compare prices and read product reviews. A huge component of succeeding in retail is being able to effectively advertise on Google using the Search Network, as well as Shopping Ads.
1. The Challenges Retailers Face: Standing out against competition must be the number one battle retailers face when advertising and marketing their products. Retailers spent 47% more on Google’s shopping ads than they did a year ago, according to Adobe’s Digital Index of online advertising. Shopping ads make it easy to compare prices and products right from the SERPs. Shopping ads are the natural focus for retail advertisers looking to gain quick and easy ROI. As you can see in the image above, shopping ads give you all the information up-front including an image of the product, the brand, price, and even reviews.
2. Separate Shopping Campaigns by Priority: As opposed to search, where you spend hours upon hours strategizing and building out an account, Google does a thorough job of pumping out product categories for shopping campaigns automatically. However, relying solely on Google to set up and run your shopping campaigns will not work. Search for your ads through Google’s Ad Preview tool to see how your price points align with your competition, because with shopping ads having the price so clearly displayed, not having the best price or a unique selling point can make or break your chances of gaining a sale.
3. Product Ratings: Unfortunately, with shopping you can’t just hop in and hand-pick your best reviews from various sources. Rather you need to gain at least 50 reviews on one of Google’s third-party approved sites.
4. Google Merchant Promotions: Lastly, you should 100% be using Google Merchant Promotions to create a sense of urgency and spur your users to choose you over the ad next to yours. As you can see in the image below, the second shopping ad is tagged with a “Special offer” sign to show free shipping is available for a limited time.
5. Structure Search Campaigns Based on Site Navigation and Product Groupings: But for retailers, if your site is well-structured, then it is recommended to structure your campaigns based off how your website is built. The main reason you should organize search campaigns around your website is due to the ease of updating and optimizing. For instance, if the stock of your red t-shirts goes down, you can hop into your t-shirts campaigns, go to the red t-shirt ad group and pause that group until they’re back in stock.
6. Increase the Credibility of Your Ad Copy with Numbers: You should not limit numbers and prices to being displayed just in shopping ads.
7. Understand Your Seasonal Peaks and Plan Accordingly: Build ads for seasonal peaks and label them using Google’s label system to easily turn them on and off when in and out of season. From Jaclyn’s experience working with retailers of all sizes, Q4 tends to be the biggest quarter for most advertisers. Jaclyn spends time readjusting budgets to ensure her clients are being competitive, getting promotions aligned, and automating ad schedules ahead of time. Retailers are often selling hundreds or even thousands of products, many of which they are promoting through Google.
8. Take Advantage of Automation: If you have 1,000 products you do not have time to A/B test an ad for every product. Relying more on automation becomes important for most retailers.
9. Create Returning Buyers through Smart Remarketing: They might forget how positive their online transactional experience was with your brand if you do not remind them. Think about the lifespan of your product. Another remarketing tactic to create returning buyers is by upselling them based on products they have previously purchased. Be aware of what products complement the one your customers have previously purchased and remarket to gain more sales through the same customers. It is time to start prepping and stepping up your search and shopping game to out-sell your neighbours and create loyal customers.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Related Questions
-
What is the best resource out there to get a firm handle on Mo Pub (and advertising for mobile apps in general) in the quickest time possible?
Join an incubator program. Many of them have direct connects with media outlets and global news stations. If you are on the West Coast, I recommend, www.desarrollode.org or 500 start ups.DR
-
Why do I always feel like I’m too late for all the startup trends? How can I be at the front of the trends, executing?
I'd suggest forgetting about trends, and instead focusing on finding problems that lots of people will pay you to solve for them. Here are some ways to get started: (a) Have a clear idea of the few areas where you may have a view of what lies just beyond the edge (technology evolution, market needs, etc.) (b) Identify problems that need to be solved, preferably using primary research (i.e. talking to people). (c) Remember that sometimes people cannot easily articulate what the problem is, so understanding what the problem is might require some effort. (d) Figure out if the problem is big/widespread enough that it is worth solving. Am happy to talk if you'd like to brainstorm your early-stage venture ideas.MB
-
What is the average cost of customer acquisition for selling an online MOOC via Facebook or UDemy?
Cost of customer acquisition will depend a lot on what type of course you're looking to sell and your target audience. No one will be able to give you a straight up answer here. If you're able to provide more details, I could give some more nuanced advice :)IL
-
What are the best ad networks to use in my mobile game for great ROI?
I guess the best answer is, it depends. What kind of mobile game are you marketing? Who are you targeting? For what platform? (iOS, Android?) Different ad networks work better than others depending on the type of game. A good place to start would be MoPub, MDotM, Manage, and Insight.JS
-
I brought the company from no pricing strategy, no script, no sales process, no sales team, + 800K in sales to 2.5 million. What do I deserve?
It sound to me that you will not be there for a long time. If the owner is not giving you any rights it is a clear sign.. Look like he/she needed a helping hand and that's what you did.. 1- This is not a fruitful relationship between you two and he is not committed to you.. You drove his business and now he is benefiting from your presence.. Collect your money and get out. Do the same thing by yourself and shift your customers to you.. OR.... 2- Set monthly targets to cash out. Say... if you reach 100K/monthly take 25% and if you reach 300K/m take 35% of the incremental in revenue on top of your 25%, sign an consultant contract, get your money on time and leave.. Change your approach and don't get caught up in company equity and shares etc... . if owner is dragging don't drag along with him. Act quick...MA
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.