20
MICROSOFT ADVERTISING Consumer trends in Electronics and Office categories during COVID-19 (AU) Microsoft Advertising. Intelligent connections.

Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

  • Upload
    others

  • View
    11

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

MICROSOFT ADVERTISING

Consumer trends in Electronics and Office categories during COVID-19 (AU)

Microsoft Advertising. Intelligent connections.

Page 2: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Summary of findingsCompanies introduced work-from-home policies due to the COVID-19 pandemic in March. As a result, people were required to work from the confinements of their homes for the foreseeable future. This has driven a sharp uplift in demand for home office equipment and accessories.

Weekly “office furniture” searches and clicks have gained significant momentum when compared to the start of this year

A sharp increase in “ergonomic/adjustable” office furniture related clicks highlight people’s concern about long-term wellbeing

This is a high research category where 1 in 5 search terms had a signal like “best,” “compare,” and “reviews”

Page 3: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Work from home has driven strong surges in search and click volume across Electronics & Office categories

18% 17% 20% 19%12%

21%27%

20% 18% 22% 21%

43%

86%

110%104%

25% 27%33% 34%

28%16%

22% 24%12%

6% 9%

29% 27%

63%

44%

0

0.5

1

1.5

2

2.5

0%

20%

40%

60%

80%

100%

120%

4-Jan 11-Jan 18-Jan 25-Jan 1-Feb 8-Feb 15-Feb 22-Feb 29-Feb 7-Mar 14-Mar 21-Mar 28-Mar 4-Apr 11-Apr

Electronics & Office search trendsSearch volume (vol.) year over year (YoY) Clicks YoY Search vol. (indexed)

March 11:Declared COVID-19 as a

pandemic

Week ending date

March 23: Non-essential businesses shut down

March 17: Companies introduced work from home

guideline

Microsoft internal data | Electronics & Office | Jan - Apr 2020 | search volume

Page 4: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

+91% searches increase across combined Electronics & Office category*

+231%Office• office furniture• software & stationary• printers & scanners

+105%Electronics• headphones & speakers• laptops & tablets• networking• accessories

Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1st two weeks) | search volume*This is for all up electronics & office category | For work-from-home during covid-19 analysis, we have focused only on home office related queries

Page 5: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

4-Jan 18-Jan 1-Feb 15-Feb 29-Feb 14-Mar 28-Mar 11-Apr

Accessories Audio LaptopsNetworking Office furniture Printers & ScannersPure Brand Software / Stationery Tablet

Weekly Search Trend

Working from home caused a considerable spike in “office furniture,” “software” and “stationary” searches

Queries with highest uplift (compared to January)

scientific calculator +651%

jb hi fi online +481%

Powerpoint +460%

harvey norman computers +409%

officeworks australia +399%

microsoft office 365 +338%

officeworks online +314%

logitech + 278%

good guys online +267%

harvey norman online +246%

Microsoft internal data | Electronics & Office | Jan - Apr 2020 (1st two weeks) compared to 2019 | search volume | Top 200 queriesMicrosoft internal data | Electronics & Office | Jan - Apr 2020 | search volume

Mar 17: Companies introduced work from home guide

Page 6: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

25% of the queries in this category contain one of the below signals, indicating this is a high research category

Microsoft Internal Data | Electronics & Office | | Jan vs. Apr 2020 (1st two weeks) | search volume

Microsoft internal data | Food & Grocery | Jan - Mar 2020

“best,” “cheap,” “compare,” “vs”

“catalogue/s”“discount," “promo," “coupon” + ”code”

“review/s”“how to,"“how do,"

“how much”

+70% -6% -2%

+67%

+93%

-85%

2020 Search volume and January vs April uplift(%)

Page 7: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

70%

78%

81%

100%

112%

126%

139%

248%

431%

Laptops & Tablets

Accessories

Pure Brand

Gaming & Media

Headphones & Speakers

Printers & Scanners

Networking

Software & Stationary

Office Furniture

Sub-category search growth compared to January

Strong spike across Electronics & Office categories indicate people’s need to have appropriate office equipment and accessories

Accessories5% Audio

2%

Gaming & Media16%

Laptops & Tablets

9%

Networking1%

Office furniture

2%Printers & Scanners

4%

Pure brand42%

Software / stationery

18%

Sub-category split (March-April search volume)

Brand queries without product intention

Microsoft Internal Data | Electronics & Office | | Jan vs. Apr 2020 (1st two weeks) | search volume

Page 8: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

JB Hi-Fi

Harvey Norman

The Good Guys

Bing Lee

Joyce Mayne

General Consumer Electronics retailers

+70%

+91%Officeworks

winc

pc case gear

Mwave

ink station

Niche retailers

+32%

+125%

+138%

+160%

We have seen a strong demand for brands across key retailers

Microsoft Internal Data | Electronics & Office | | Jan vs. Apr 2020 (1st two weeks) | search volume

+69%

+54%

+34%

Page 9: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

graysonline

catch.com.au

kogan

amazon

ebay

Online Marketplaces

+129%

+84%

dJ

myer

target

big w

kmart

Department Stores

+32%

+125%

+138%

+160%

Online marketplace and department stores have witnessed substantial growth in consumer demand

Microsoft Internal Data | Electronics & Office | | Jan vs. Apr 2020 (1st two weeks) | search volume

+128%

+196%

+163%

Page 10: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Office FurnitureWhen working from home, desks seems to be a higher priority item for the Microsoft audience

Microsoft Internal Data | Electronics & Office | Mar - Apr 2020 | search volume

27%

56%

17%

Search volume %Chairs Desk Others

Page 11: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Microsoft internal data | Electronics & Office | Jan - Apr 2020 | WoW click uplift

357%

A sharp increase in “ergonomic” related clicks uncover people’s concern about long-term wellbeing

Page 12: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

A similar increase in “adjustable desks” related clicks confirms people are taking their wellbeing seriously

Microsoft internal data | Electronics & Office | Jan - Apr 2020 | WoW click uplift

333%

Page 13: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Queries containing "online"

Search Volume Linear (Search Volume)

Queries with “online” saw a sharp uplift since March

Microsoft internal data | see appendix for more terms

Month-over-month (MoM) 46% uplift

All searches containing “online” | March 2020 | search volume

January 2020 March 2020

Page 14: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Key takeaways1. As consumers shift towards online, businesses have a huge opportunity to connect their

customers with the right product and provide a great customer experience

2. Defend your brand entity and be a part of the user journey as they find ways to adjust to this new world

3. Take advantage of your search campaigns to understand your customers better and plan your next steps

4. Connect your customers with the right products on the first click

Page 15: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Strategies and recommendations

Learn immediate and recovery-phase strategies, and how to approach new opportunities and optimize account health in the Digital Advertiser’s Guide to COVID-19

Page 16: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

advertising.microsoft.com

Page 17: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Top generics – Electronics

Laptops & Tablets

student discount laptop

best laptop

desktop

laptop

gaming pc

Software & Stationary

office 365

powerpoint

microsoft word

microsoft 365

microsoft office

Printers & Scanners

printer

printers

3d printer

Audio

headphones

speakers

bluetooth headphones

speaker

headset

Accessories

keyboard

monitor

usb

monitors

web camera

Microsoft Internal Data | Electronics & Office | Mar - Apr 2020 | search volume

Page 18: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Top brand terms – Electronics

Laptops & Tablets

hp

dell

microsoft

apple

lenovo

Software & Stationary

microsoft

hp (cartridges)

epson (cartridges)

canon (cartridges)

brother (cartridges)

Printers & Scanners

epson

hp

canon

brother

samsung

Audio

bose

beats

sony

jbl

jabra

Accessories

microsoft

sony (gaming accessories)

hp

logitech

razer (gaming accessories)

Microsoft Internal Data | Electronics & Office | Mar - Apr 2020 | search volume

Page 19: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Top generics – Office Furniture

Generic

office furniture

home office furniture

office furniture australia

Desks

home office desk/s

desk/s

office desk/s

computer desk

student desk

Chairs

office chair/s

desk chair/s

office chairs australia

office chairs for sale

computer chair

Ergonomic

ergonomic chair/s

ergonomic office chair/s

ergonomic office

best ergonomic chair

ergonomic desk

Adjustable

stand up desk

sit stand desk

adjustable standing desk

adjustable desk

height adjustable desk

Microsoft Internal Data | Electronics & Office | Mar - Apr 2020 | search volume

Page 20: Microsoft Advertising insights retail Electronics & Office ... · Microsoft internal data | Electronics & Office | Jan vs. Apr 2020 (1. st. two weeks) | search volume *This is for

Top brand terms – Office Furniture

Generic

harvey norman office furniture

home office furniture

office furniture australia

Desks

ikea desk

officeworks desk

kmart desks

big w desk

target desk

Chairs

officeworks chair/s

harvey norman office chair

ikea office chairs

kmart office chair

big w office chairs

Ergonomic

officeworks ergonomic chair/s

ergonomic chair officeworks

ergonomic chairs officeworks

Adjustable

varidesk

varidesk australia

ikea sit stand desk

officeworks sit stand desk

ikea stand up desk

Microsoft Internal Data | Electronics & Office | Mar - Apr 2020 | search volume