bing it on: adlogic's tale of two cities by jake hoopes

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linkedin.com/in/jakehoopes #SMX @ShowroomLogic Boos$ng Reach and Performance with Bing Ads #smx #24B Wednesday, October 1 st 2:45pm 3:30pm “Bing It On: AdLogic’s Tale of Two Ci$es” by Jake Hoopes Director of Product Development – ShowroomLogic.com

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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 #24B

TRANSCRIPT

Page 1: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

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  

Page 2: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

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

Page 3: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

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

Page 4: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Today’s Objectives

•  Opportunity Market Share vs. Market Reach

•  Financial Impact Unit Economics

•  Features of AdWords & Bing Ads Parity & Disparity

Page 5: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Market Market, Who Has the Market?

Bing Market Share vs. Google Market Share

Page 6: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Google’s Thoughts on Google Google is conflicted...

Page 7: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Bing’s Thoughts on Google Bing agrees...

Page 8: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Google Gets Existential...

Page 9: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

...and Bing Agrees

Page 10: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

So What’s the Story?

Google: ~70% Yahoo!/Bing: ~30%

Page 11: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Market Share vs. Your Market Reach

How much additional market can YOU reach?

Page 12: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 1

•  National target (almost) •  Established AdWords campaign •  Lead generation focus •  Test duration: 4 months

Page 13: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Data Sanitation & Normalization

1.  Same keywords & campaign structure

2.  Same geographic targets

3.  Same bidding strategies

4.  Campaigns running simultaneously

Page 14: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 1

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impressions clicks

Bing Ads

Adwords

Page 15: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 1

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impressions clicks conversions adspend

Bing Ads

Adwords

Page 16: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

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

Page 17: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

• Major U.S. metros •  Lead generation •  Long-tail Brand terms •  Test duration: 5 months

Page 18: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

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Page 19: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

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Page 20: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

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impressions clicks conversions adspend

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Page 21: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

100%

Case study 1 Case study 2

Leads from syndicated search

Leads from owned & operated

Page 22: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Case study 2

Page 23: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

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

Page 24: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Aggregated case study data

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0 100 200 300 400 500 600 700

Clicks *~90 participants over 9 months

Page 25: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Aggregated case study data

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0 100 200 300 400 500 600 700

Clicks *~90 participants over 9 months

Page 26: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Aggregated case study data

0.00%

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0 100 200 300 400 500 600 700

Clicks *~90 participants over 9 months

Page 27: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Aggregated case study data: digging deeper

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Bing Clicks

Adwords Clicks

Page 28: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

...and deeper

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ticip

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05

Bing Clicks

Adwords Clicks

Page 29: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Features

•  Device targeting

Page 30: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Features

•  Device targeting •  Network targeting

Page 31: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Features

•  Device targeting •  Network targeting •  Day parting

Page 32: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

Features

•  Location targeting •  Treatment of time zones •  Location of controls: Adgroup vs. Campaign settings •  Location of some data (impression share/share-of-voice)

Page 33: Bing It On: AdLogic's Tale of Two Cities By Jake Hoopes

linkedin.com/in/jakehoopes  #SMX  @ShowroomLogic  

That’s a Wrap

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