bing it on: adlogic's tale of two cities by jake hoopes
DESCRIPTION
From the SMX East 2014 Conference in New York City, NY. SESSION: Boosting Reach & Performance With Bing Ads. PRESENTATION: Bing It On: AdLogic's Tale of Two Cities - Given by Jake Hoopes, @JacobHoopes, Director of Product Development - Showroom Logic. #SMX #24BTRANSCRIPT
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Boos$ng Reach and Performance with Bing Ads #smx #24B
Wednesday, October 1st 2:45pm -‐ 3:30pm
“Bing It On: AdLogic’s Tale of Two Ci$es” by Jake Hoopes
Director of Product Development – ShowroomLogic.com
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
A Little Bit of Context
• Technology-Driven Automotive SEM Company • Founded in 2009 • Google AdWords Premier SMB Partner • Microsoft Bing Authorized Reseller • Inc. 500 #1 in Advertising & Marketing • #26 Overall
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Rewind the Clock
June 2013 - August 2014
Series of Pilots and Betas involving up to 90 different dealerships Conducted over the course of 14 months Culminated with official product launch on September 1, 2014
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Today’s Objectives
• Opportunity Market Share vs. Market Reach
• Financial Impact Unit Economics
• Features of AdWords & Bing Ads Parity & Disparity
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Market Market, Who Has the Market?
Bing Market Share vs. Google Market Share
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Google’s Thoughts on Google Google is conflicted...
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Bing’s Thoughts on Google Bing agrees...
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Google Gets Existential...
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...and Bing Agrees
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So What’s the Story?
Google: ~70% Yahoo!/Bing: ~30%
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Market Share vs. Your Market Reach
How much additional market can YOU reach?
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Case study 1
• National target (almost) • Established AdWords campaign • Lead generation focus • Test duration: 4 months
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Data Sanitation & Normalization
1. Same keywords & campaign structure
2. Same geographic targets
3. Same bidding strategies
4. Campaigns running simultaneously
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Case study 1
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linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Case study 1
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linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Case study 1 Performance of Bing Ads relative to AdWords
Cost Per Click: 22.8%
Cost Per Lead: 4.2%
Avg Position: 3.6 to 1.9
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Case study 2
• Major U.S. metros • Lead generation • Long-tail Brand terms • Test duration: 5 months
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Case study 2
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Adwords
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Case study 2
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impressions clicks conversions adspend
Bing Ads
Adwords
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linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Case study 2
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impressions clicks conversions adspend
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Adwords
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Case study 2
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Case study 1 Case study 2
Leads from syndicated search
Leads from owned & operated
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Case study 2
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Case study 2 Performance of Bing Ads relative to AdWords
Cost Per Click:
Cost Per Lead:
Avg Position:
54.4%
42.1%
4.8 to 3.9
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Aggregated case study data
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Clicks *~90 participants over 9 months
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Aggregated case study data
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Clicks *~90 participants over 9 months
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Aggregated case study data
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Clicks *~90 participants over 9 months
linkedin.com/in/jakehoopes #SMX @ShowroomLogic
Aggregated case study data: digging deeper
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Bing Clicks
Adwords Clicks
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...and deeper
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Bing Clicks
Adwords Clicks
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Features
• Device targeting
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Features
• Device targeting • Network targeting
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Features
• Device targeting • Network targeting • Day parting
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Features
• Location targeting • Treatment of time zones • Location of controls: Adgroup vs. Campaign settings • Location of some data (impression share/share-of-voice)
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That’s a Wrap
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