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LOCATION 3 MEDIA JARED SCHRODER - VICE PRESIDENT DATA INTELLIGENCE & MAR-TECH

Profit Through Performance By Jared Schroder

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SMX Advanced 2014 Session #SMX #11B - The Mad Scientists Of Paid Search - Profit Through Performance By Jared Schroder @J_Schroder Of Location 3 Media Read more on SEM at http://searchengineland.com

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Page 1: Profit Through Performance By Jared Schroder

LOCATION 3 MEDIA JARED SCHRODER - VICE PRESIDENT DATA INTELLIGENCE & MAR-TECH

Page 2: Profit Through Performance By Jared Schroder

LOCATION3 MEDIA PROFIT THROUGH PERFORMANCE

Integrated Digital Marketing

Agency

L3M PRO – Specializing in search

query based performance re-

optimization technologies

Page 3: Profit Through Performance By Jared Schroder

There are over 4.7 billion search queries every day.

Of these, 20 percent haven’t been seen by search engines in the last six months (if ever).

And 70 percent have no keywords that match exactly with search marketing campaigns.

Source: Google, 2012

Page 4: Profit Through Performance By Jared Schroder

Keywords are best guesses…

The truth lies beneath

Page 5: Profit Through Performance By Jared Schroder

THE FOUNDATION Keywords, Match Types,

Negatives, and Structure

All Bid Optimization Algorithms

are inherently limited by the

strength of this foundation.

Page 6: Profit Through Performance By Jared Schroder

IN THE WEEDS…

Data mining single queries, with

singular impact

Page 7: Profit Through Performance By Jared Schroder

Make meaning of hyper fragmented data Unearth subtle positives Slash profit sinking negatives

QUERY THEME ANALYSIS

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Individually irrelevant…

Strength in numbers

Direction in

aggregation

Page 9: Profit Through Performance By Jared Schroder

LOCATION3

TAKING AIM AT THE POSITIVES

Page 10: Profit Through Performance By Jared Schroder

PORTFOLIO QUERY UNIVERSE ANALYSIS

(CPA Target * Conv. Totals) – Paid Cost

(Total Revenue / ROAS Target) – Paid Cost

P&L

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SUBTHEMES WITHIN THEMES

Theme – “Community”

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Example - Exact Match is 3.12 times more

effective at converting Impressions into

Actions than Phrase & Broad

Theme – “Community”

CTR * Conv. Rate * Base Imp.

Performance

Indicator

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BEWARE OF CANNIBALS

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LOCATION3 / A GOOGLE PARTNER

CHANGING THE LENS

Page 15: Profit Through Performance By Jared Schroder

LONG TAIL CONVERTERS

UNDER THE MICROSCOPE

Efficiency of converting query

impressions

Page 16: Profit Through Performance By Jared Schroder

QUERY UNIVERSE CLEAN UP

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MINING FOR LOSS LEADERS

Themes intertwine. Remove high conversion

volume themes from your analysis.

The cream of the crop will rise to the top.

Cost focus for efficiency

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MINING FOR QUALITY SCORE KILLERS

Two sides of the coin

Impression focus for quality

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Source: Jay Baer, Convince and Convert

Brand Pollution

Misspellings

Relevance & Intent

Geographic Complexity

COMPLICATING FACTORS

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GEOGRAPHIC COMPLEXITY

PROXIMITY = PERFORMANCE

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TAKING ONE GIANT LEAP ACROSS CHANNELS

BREAKING THE ORGANIC BARRIER

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ANALYZING IMPRESSION VARIANCE

ACROSS ORGANIC & PAID

Qualifying opportunity with feasibility

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PERFORMANCE. ELEVATED.

Isolate & Frame the positives

Themes within themes

Eye the Cannibals

The Negative Lens

Segment out Complexity & Pollution

END THE GUESSING GAME

Page 24: Profit Through Performance By Jared Schroder

LOCATION3

Jared Schroder VP Data Intelligence & Mar-Tech Location3 Media Inc. P: 720-881-8526 E: [email protected]