DTC 240 - When you should and shouldnât bid against heavy-hitters [DTC]( ð [Find a Growth Agency]( ðï¸ [See Today's News]( ð§¢ [DTC STORE]( Banter Saturday, October 8, 2022 We all have a spreadsheet or two that lives in the depths of our Google Drive ð In this newsletter, youâll find: ð ð¦ When you should and shouldnât bid against heavy-hitters ð¦ Customer insights so accurate you could bet your job on them with Attest ð¦ Capitalizing on the buzz your brand gets online ð¦ Loop's new Consumer Report: How Returns Impact Customer Retention to learn how you can leverage returns to boost customer retention now Read till the end to access exclusive DTC swag. ð ð If a pal forwarded this to you, [subscribe,]( so you never miss out. Google Suite Weâre back again to smell the roses and search for the thorns of DTC perfume brand Phlur. Weâve tapped the [Pilothouse Google team]( to do a deep dive into their Google Suite to see whatâs working and what theyâd suggest for improvement. ð Shopping Phlur is bidding against a heavy hitter, the well-known beauty retailer Sephora. Sephora sells Phlurâs products for the same price, meaning Phlurâs got some stiff competition. ðª When searching for Phlur products, the only listings we see on the main search page are from Sephora. However, Plur does rank above on the âShoppingâ page! When selling products through such a large retailer, sometimes itâs best not to bid on your brand name at all. ð Why? Competing against a brand with a considerable ad presence is tricky, and your efforts may prove to be fruitless when your products are already selling through another retailerâs ads. ð¤·ââï¸ If youâre a brand that needs to gather data on your audience to grow the data pool in your Ads and/or Analytics account, bidding on your own branded terms may be a necessity! If that's the case, the [Pilothouse Google team]( recommends looking toward scale rather than a target ROAS bid strategy, which an eCommerce retailer may be tempted to utilize. Letâs be real here. Youâre not looking to compete with a brand as big as Sephora. ð What youâre looking to do is get eyes on your products! This is where the target impression share bid strategy really comes in handy. The team wouldnât recommend using this bid strategy outside of brand searches, but when hitting as many searches as possible is the intention, target impression share canât be beaten. ð Sponsor Make consumer research easy (and accurate to boot) Beyoncé: Who runs the world? Marketers: Consumers! When running a DTC business, learning what motivates your consumers to buy isâ¦wellâ¦everything. But, keeping a constant pulse on consumer sentiment through detailed research is a skill reserved for the Einstein of the world, right? ð§ Wrong. Fortunately for DTC brands, [thereâs Attest.]( Attest is a [consumer research tool]( that gives your brand quick and easy answers to your most pressing consumer questions. They accomplish this through innovative research tech that offers on-demand access to 125 million consumers. But, thatâs not all! Attest doesnât leave the human research element out of the equation. A team of those âresearch Einsteinsâ regularly check the data to make sure youâre getting insights so accurate you could bet your job on them. ð [Ready to truly get to know your consumers? Check out Attest now.]( Google Suite ð Build trust with the âTrusted Storeâ badge Even with all the eyes in the world peeping your product, ads are useless without trust. Shoppers love legitimacy, so give âem what theyâre looking for! Make sure you bulk out your ads with product reviews (*woot woot* social proof) and shipping information. ð« See if you can spot the difference between Sephoraâs ad (left) and Phlurâs in-house ads (right) for the same product: ð We trust you see the difference. ð Notice that little âtrusted storeâ badge? The badge isnât something you can simply apply for but is something to consider as a retailer. ð¨ Your brand is automatically given this badge once meeting certain customer satisfaction criteria using Googleâs Shopping experience scorecard program. These metrics include, but arenât limited to: - Return policy
- Seller rating
- Shipping speeds Want more info on getting that Google blue tick? Check out this nifty article from Google [here](. ð If youâre not sure where your brand stands, you can track the information in the âOverviewâ page of the Google Merchant Center. If you havenât yet been awarded the badge, there will be a rankings overview for you showing where opportunities for success are. Not only does this badge help with consumer trust, it will also give your products a boost when bidding against similar listings by businesses without it! ð Search ads In case you didnât know, us DTC peeps are way up in the north! We donât have any ads in Canada for Phlur yet⦠but we also know that theyâve just recently launched international shipping. ð When searching for âphlurâ in the United States, they consistently rank above Sephora in Search ads, and the ad content seems much more relevant to shoppers. ð Phlurâs ads have a great suite of Sitelink extensions, and the [Pilothouse Google team]( is very happy to see the usage of image extensions as well. These provide a killer CTR boost at no extra cost. ð¸ We noticed that Phlurâs Search ads donât show on any branded search terms beyond just âPhlurâ... at least, from what we can find. From our analysis, their top organic terms are all searches for their âMissing Personâ perfume which blew up on TikTok earlier this year. However, there are no ads to be found for a search of âphlur missing personâ ð¥. Instead, weâre only shown ads for their products at Sephora. Weâre not sure if this is intentional, as we mentioned before that bidding against yourself can be ill-advised⦠but this could be an excellent opportunity for a Search campaign experiment! ðµï¸ââï¸ In a Search campaign experiment, Google Ads will allow you to test directing a set percentage of your traffic to a different bid strategy, such as target impression share. Testing a bid strategy intended for overall reach may yield some interesting results contrasted against a bid strategy meant for returns. 𤯠Sponsor Know exactly what motivates your customers to buy You donât need a crystal ball to learn exactly what your customers are thinking and what will motivate them to buy. ð® What do you need? [The most recent report from Loop.]( Loop wanted to find out exactly how the post-purchase experience impacts buying habits. So, they surveyed over 1,000 online shoppers to find out. What did they find out? ð¤ - 96% of consumers review return policies before making a purchase
- 54% say theyâre unlikely to purchase from an online retailer that doesnât offer free returns
- 57% have stopped purchasing from a brand after a bad return experience Before you finalize your holiday campaigns, take the time to download Loopâs report. Itâs worth it. We promise. ð [Read Loop's new Consumer Report: How Returns Impact Customer Retention to learn how you can leverage returns to boost customer retention now.]( Google Suite ð¸ Web traffic If weâre honest, Phlur could use some scaling, at least on the paid side. Their paid traffic to the site nearly matched their organic traffic back in October 2019. But since then, they havenât seen anything close to that level. ð Their organic traffic exploded from April to May 2022, growing nearly 9x in less than a month. Thatâs no surprise, given that their products launched on Sephoraâs online site at the end of March 2022 and hit in-store shelves on April 8th, 2022. [The Pilothouse team]( recommends capitalizing on this buzz as much as possible and heavily scaling paid ads during times of high intent or when lots of buzz is generated. This would have been an incredibly valuable opportunity to gather third-party data going into Q4. But wait! With their organic traffic levels still increasing steadily each month, itâs not too late. Shoutout to the [Pilothouse team]( for the always stellar insights. Thatâs a wrap on part three of our Phlur Brand Breakdown! See ya next week for part four. Brands ð« [Awake Chocolate]( : Not a coffee drinker but need an extra boost to beat the morning or afternoon slump? Try Awake Chocolate ! Their bars contain the same amount of caffeine as a regular cup of coffeeâno bitterness included. ð [Lazy Food Co.]( : We canât all be good at everything. If whipping up a meal in the kitchen is not your forte, Lazy Food Co. has you covered! Their easy-to-make plant-based packaged pastas are your one stop shop for a simple, filling, and Italian-inspired dinner. ð· [Wednesday's Domaine]( : If you want the taste of wine without the alcohol (and all those pesky calories), Wednesday's Domaine is for you! Theyâve created two flavors of low-calorie and alcohol-free wine. âNot drinking? No problem!â SHARE DTC NEWSLETTER referral link ð Have you heard our latest podcasts? 𧦠Making a 5X Return on Affiliate Sales with Rob Fraser from [Outway Socks](. ð Two Hacks to Increase Subscriber Conversion by 50% with [Tea Drops and Recharge](. 𦷠Thinking in Billions with Josh Elizetxe Founder of [Snow Oral Care](. ð Retail Giant Steve Madden on Retention at Scale with Hannah Sinclair and [Bluecore's]( Sarah Cascone. ð Growth vs. Customer Experience: Cody Plofker and Eli Weiss from [Jones Road Beauty]( Weigh In. Donât forget to [rate the DTC Podcast]( on Apple (âï¸âï¸âï¸âï¸âï¸) DTC Newsletter is written by [Rebecca Knight](. Edited by [Claire Beveridge]( and Eric Dyck. Was this email forwarded to you? Sign up [here](. NEED MORE DTC? ð [Advertise]( in DTC Newsletter. ð°Check out our course on [Facebook and Instagram]( ads! ð¥ Work for The DTC Newsletter: Send an email to Rebecca, rebecca@directtoconsumer.co, if youâre interested in writing for us! Rate Us Tell us what you think!
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