What’s the difference between Amazon CPC and vCPM cost models?

It’s important for brands to measure their digital marketing metrics, including comparing CPC vs vCPM (cost per thousand viewable impressions). CPC is based on the number of actual clicks the ad receives, while vCPM is based on the number of times an ad is viewed, regardless of whether shoppers click on it or not. Sponsored Display vCPM adheres to the MRC definition for an ad view: at least 50% of the ad should have been in the shopper’s view port for at least one second for it to be registered as a viewed impression.

CPC = Total Spend / Total Clicks

vCPM = Total Spend / ((Total impressions * % in-view) / 1000)

vCPM is often used for advertisers focusing on brand awareness or delivering a specific message, because this pricing model is more focused on exposure as opposed to a cost-per-click model. 

In Marin, brands can use both metrics, considering the implications of each, for a more comprehensive view of the performance of their ad campaigns. This information will help advertisers better understand the impact of their Sponsored Display campaigns, regardless of whether you are using click-based (CPC) or view-based (vCPM) attribution.

How does Amazon’s vCPM cost model work?

Conversions and Revenue for Sponsored Display vCPM campaigns are an ESTIMATED value that is attributed to BOTH viewable impressions AND clicks (because the cost type is based on viewable impressions - vCPM). To put it simply, alongside the actual Conversions and Revenue generated via the vCPM campaign, Amazon is also including estimated Conversions and Revenue when someone VIEWs your Sponsored Display Ad, but does not click on it.

It's also worth noting that the vCPM Conversions and Revenue are attributed to your brand sales and not the products in the campaign. For example if you run an 'Advertised Product Report' from Amazon you'll notice that the orders and sales do not match what is being displayed in Amazon's UI at campaign level. See below screenshot from a Sponsored Display Advertised Product Report:

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• The 14 Day Total Orders (#) and 14 Day Total Sales columns reflect the Cost Type of a campaign
• The 14-Day Total Orders (#) - (Click) and 14-Day Total Sales - (Click) columns are based on click attribution (CPC Cost Type), regardless of whether your campaign cost type is set to CPC or vCPM

• Campaign A has parity across all 4 columns - because it’s campaign Cost Type is set to CPC
• Campaigns B to M, unlike Campaign A, differ because their campaign Cost Type’s are set to vCPM - the (Click) columns are your actual Orders and Sales, whereas your non-click columns are a combination of actual Orders and Revenue as well as Amazon’s estimated Orders and Revenue based on your ad being ‘viewed’.

Example

Campaign C generated 8 orders with a total revenue of £112.96 and to identify the estimated view Orders and Revenue, you subtract the (Click) column away from the regular column;

207 [14 Day Total Orders (#)]  -  8 [14-Day Total Orders (#) - (Click)]   =   199 estimated ‘view’ Orders

£2,564.39 [14 Day Total Sales]  -  £112.96 [14-Day Total Sales - (Click)]   =   £2,451.43 estimated ‘view’ Sales

How does this impact reporting of Amazon Sponsored Display campaigns in Marin?

Regardless of the cost type that you specify when creating your Sponsored Display Campaign (CPC or vCPM), Marin is able to report on both attribution models against that campaign.

For example, if you create a Sponsored Display campaign with vCPM as the Cost Type, Marin is still able to show you the Conversions and Revenue generated from the ad being clicked on (CPC Cost Type), alongside the ‘estimated’ view Conversions and Revenue (vCPM Cost Type) that Amazon is providing, and vice-versa. 

In the screenshot above you can see that, regardless of cost type, for a Sponsored Display campaign Marin is able to report on both traditional Conversions and Revenue (click based) and also the ‘view’ Conversions and Revenue - which is the combination of both actual and estimated Conversions and Revenue set by Amazon.

The table below shows the Conversion Types available via the MarinOne column selector that you can bring into view alongside your Sponsored Display campaigns.

How should I bid on this activity?

The decision is entirely yours. In Marin you have the option to either bid based upon actual clicked Conversions and Revenue or use the estimated ‘View’ Conversions or Revenue to target a CPA or ROAS goal - regardless of the cost model you’ve chosen to set up for your Sponsored Display campaign.

If your goal is performance (CPA / ROAS) Marin’s recommendation is to optimise towards actual clicked Conversion and Revenue and not ‘View’ Conversions or Revenue (even if your campaign is set to vCPM) because this is the actual performance of your Sponsored Display campaign and not an ‘estimated’ number of Conversions or Revenue. 

If you've used Marin's automated bidding tool to manage Bid Strategies for other publishers, then managing bids for Amazon Advertising accounts should be pretty familiar. Marin manages keyword-level and target-level calculated bids and supports all ‘performance’ Goals for your Amazon activity:

• Maximise Conversions to CPA
• Maximise Revenue to ROAS

If your goal is awareness advertisers and registered sellers in CA, DE, FR, ES, IT, IN, JP, UAE, UK and the US can set up an “Optimise for Viewable Impressions” strategy directly in the Amazon Ads UI to help create product awareness.

If you have any further questions related to the above please reach out to your Account Representative.

In 2021, more than 250 million items were purchased by Prime members worldwide over the two-day timeframe. This year, preparations for Prime Day should be well underway by now so that your brand can be ready when millions of consumers shop during one of the most significant retail events of the year. Here are a few tips so you can be prepared ahead of time.

Amazon Prime Day Tips:

• View your historical performance of past Prime Day events
• Create a ‘Prime Day’ page within your Amazon Store
• Start planning your budgets NOW. Remember, traffic to Amazon’s website is increased exponentially during the Prime Day event, so you want to capitalize on this. If you don’t have enough budget for your campaigns to stay visible throughout the day(s), your ads will be paused until the next day.
• Build brand awareness ahead of the event with Sponsored Display Ads and Sponsored Brand Video ads. Shoppers are more likely to purchase a product during Prime Day that they discovered during the lead-up to the event.
• During Prime Day, use Sponsored Display and Sponsored Product ads to engage with shoppers browsing similar products or even remarket to audiences that visited your product detail pages before Prime Day to stay top of mind on the day of the event.
• Use negative targeting to help prevent your ads from appearing on shopping results pages that don’t meet your performance goals.
• Check your inventory levels for your products, as well as understand your top-selling and least-selling products, so you know where to focus your efforts.
• Create and choose strong products to focus on in your Sponsored Product campaigns. Ensure their product detail pages are informative, have high-quality and detailed descriptions, and include four or more high-resolution images with a strong title.
• There are many more solutions for brands to reach audiences you might not be aware of. Consider diversifying your content before Prime day by streaming a video game on Twitch, listening to music through Amazon Music’s ad-supported tier, or streaming video via Freevee (formerly IMDb TV) and Fire TV…all of which are available via Amazon DSP ads.
• Use Sponsored Display Ads to target other products in your category to help reach new customers, or consider targeting your product detail pages to introduce shoppers to other products you sell. Let’s take ‘Computers & Office’ as an example: to engage new customers and ensure that your laptops are top of mind, you can target similar product pages within the Computers & Office category, or you can target your own product pages to promote your complementary products (e.g., laptop cases or external hard drives).
• Lastly, don’t forget, there’s the lead-up (- two weeks) and lead-out (+ two weeks) of the Prime Day event. Brands that advertise throughout all phases of Prime Day can better build brand presence with shoppers. According to Amazon’s internal data, “Brands that advertised leading up to and during Prime Day showed a 216% increase in awareness and 214% increase in considerations, compared to the week before.”

Amazon Prime Day Deadlines

Keep the following deadlines in mind for Prime Day as they are right around the corner, and some have already passed.

Prime Day Deals Deadline (for consideration):

• April 29

Lightning Deals Submission Deadline:

• April 29 (U.S. and Canada)
• May 13 (France, Germany, Italy, Japan, Mexico, Portugal, Spain, and the UK)

Coupon Submission Deadline:

• June 10 (U.S., Canada, France, Germany, Italy, Japan, Mexico, Portugal, Spain, and the UK)

FBA Inventory Cutoff Deadline:

• June 20 (U.S., Canada, France, Germany, Italy, Japan, Mexico, Portugal)
• June 29 (Japan)

Inbound Shipping Cutoff Deadline:

• June 2 (U.S. and Canada)
• June 22 (Mexico and Portugal)
• June 29 (France, Germany, Italy, Japan, Spain, and the UK)

Prime Member Promotions Deadline:

• April 29 (U.S. and Canada)
• May 13 (France, Germany, Italy, Spain, Mexico, Portugal, Australia, Japan, India, the Kingdom of Saudi Arabia, the United Kingdom, and the United Arab Emirates)

Prime Exclusive Discounts Deadline:

• July 8 (the U.S., Canada, United Kingdom, France, Italy, Germany, Spain, Mexico, Portugal, Australia, and Japan) 
• July 19 (India, the Kingdom of Saudi Arabia, and the United Arab Emirates)

Prime Day:

• July 12-13 (U.S.)

Google Sheets has changed the way people collaborate today. This web-based spreadsheet tool serves as a free alternative to Microsoft Excel, the digital marketer’s mainstay. Sheets allows you to create and edit your data within an online spreadsheet. Your spreadsheets in the cloud, meaning your data can easily stay up to date because information is automatically saved as it’s typed. Multiple team members can collaborate in real-time from their phone, tablet or computer (online and offline) and create a single source of truth for your data so that you can analyse and interrogate your data for your reporting needs. 

How can Google Sheets help my productivity?

• Use Comments - there may be instances where you’ll question your data, formula or just want clarification on something within a Google Sheet. Instead of having to connect directly with the originator you can quickly and easily leave a comment through the applications built-in commenting feature.
• Extending Google Sheets with Add-ons - You can extend Sheets with add-ons that build customised workflow improvements, establish connectivity to third-party systems such as Salesforce or Google Analytics, and integrate your Sheets data with other Google Workspace applications, like Google Slides or Google Forms.
• Stay informed of changes to a Google Sheet - Create Notification Rules to send you an email when a change has been made to a Google Sheet. You’ll find it under this menu: Tools > Notification rules.
• Create hyperlinks - It might sound simple but due to the nature of Google Sheets being online, hyperlinks are extremely useful to connect to other Google sheets / Docs / Slides within your shared Google Drive.
• Connect to live data - Using the IMPORTHTML function, you can import your data from MarinOne by creating Web Query reports and scheduling the data to refresh on a recurring basis, saving precious hours of the day by not having to manually create reports. IMPORTHTML can also be used in numerous other ways, an example of which could be importing live weather data or exchange rates.

If you’re wanting to maximize Google Sheets’ potential and enhance your productivity, then you must get acquainted with Google Sheets. It's definitely a learning curve, especially if you’re used to using Excel, but once you start using Google Sheets to its potential you’ll quickly see it’s worth your time and effort.

Ok, so what about automation?

Google Apps Scripts is a built-in coding language based on JavaScript that allows you to extend and manipulate Google Sheets (it also works with other Google Apps, like Docs, and Gmail). We have found Google Sheets to be a great tool for prototyping new features or extending the capabilities of MarinOne to meet specific customer requirements.

What type of things can I automate?

Marin has been able to help some of the largest brands in the world automate the management of their marketing campaigns directly from Google Sheets as well as build dynamic reporting dashboards in Google Sheets using multiple Publishers (i.e. Google, Facebook, Bing, ASA etc) and 1st / 3rd Party revenue and conversion data captured by Marin. Below are some of the Google Apps Scripts and solutions we have created to help support our customers’ day-to-day workflows. With these shortcuts, you can easily aggregate data in new ways. This is particularly effective when partnered with the MarinOne tool, as there is quite a bit of data that can be directly imported into, exported from, or copy/pasted bi-directionally between Google Sheets and MarinOne.

Templatize daily workflows to increase efficiency

As a marketer, it can be very time-consuming to add objects (such as keywords or creatives) to multiple different publishers at the same time in a collaborative manner. Think of Google sheets as all of your offline publisher editors rolled into one with a direct connection to our platform, negating the need for using multiple siloed tools such as Google Ads editor, Bing editor etc. Using a Marin - Google Apps Script, you can create or edit hundreds -- or even thousands -- of campaigns, groups, keywords, or ads with just a single click of a button directly in Google Sheets for multiple different publishers at the same time.

Cannibalization insights

When a search query pairs with multiple keyword match types, and there are various ads supporting these keywords, the flow of regular traffic for the original search term will markedly diminish as your control over the matched keyword behaviour becomes severely hampered. Using a combination of data imported into Google Sheets directly from MarinOne and a Google Apps Script we have created to analyse the data, we can quickly surface those keywords that are cannibalizing your search paid media traffic.

Create foreign language ads using your native language

If you are planning to expand your marketing activity to additional markets or regions across the globe and do not have the support internally with creating foriegn language adcopy, fear not, we have a Google Apps Script that will take your current AdCopy and create new Ads in the language of your choice.

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Why should you automate tasks in Google Sheets?

There’s the obvious reason that using Google Apps Scripts can save you a serious amount of time, allowing you and your colleagues to focus on higher value activities such as optimising your marketing campaigns. But there’s plenty of other less obvious reasons like: 

• Avoid mistakes by minimizing manual effort and letting AI-powered tasks automatically fire
• Quickly summarize and aggregate your data
• Universally apply styles and formatting
• Create completely new spreadsheets or tabs
• Use any Google Sheets function, feature, menu or toolbar
• Translate foreign language text en masse (but always be sure to have a native speaker review the translation for accuracy)
• Manipulate your spreadsheet to your liking with a single command

Once you've recorded a macro or created your Google Apps Script, you can link it to a keyboard shortcut in the form Ctrl+Alt+Shift+Number or even create a button directly within the spreadsheet to execute the task.

How can Marin help?

These are just a few of the solutions we have created, there are many other ways to save time and increase efficiency using the MarinOne tool in conjunction with other easily accessible tools.  if you are an existing customer of Marin and are interested in the above or have other mundane tasks that you would like us to support in automating within Google Sheets then reach out to your account manager today. 

If you're new to Marin, contact our sales team to get an analysis of how our platform can fit your needs.

Ensure that the 2021 holiday season will be even more successful with these last minute tips!

Managing Bidding during a Sales Event

Before the sale:

• Find out Revenue-Per-Click or Conversion-Rate uplift from historic sales as a percentage.

On the day of the sale:

• Apply your historical percentage uplift calculated as a boost on day of sale.  
• Remove all bid change limits. Preserving bid change limits only allows your bids to change up to the limited amount, possibly restricting a number of keywords.
• Ensure campaign budgets are set appropriately and will not be overly restrictive.
• Once the sale has begun, check hourly spend rates in the publisher accounts. Compare your spend trend in the current sale with previous sales to confirm bidding configuration is not over or under-spending.
• Assess the number of terms hitting bid caps

After the sale:

• Add previous and latest sales periods to Excluded Dates.
• Set bid change limits to pre-sale setting.
• Revert Boost to historic level.

Effective Tips and Tools

Ad Scheduling/Flighting

Flighting is a technique where you schedule your ads to run for a period of time (called a flight) followed by a period where you pause all ads for the advertised product or service. A smart way to leverage flighting for Black Friday and Cyber Monday is by offering progressive promotions. This means, you can start your campaign offering a promotion with low percentages off, and as the days/weeks go by, increase the percentage off.

Power Words

To increase relevance, CTR and Conversion Rate, consider including in your ad creatives words such as: Discount, Deals, Promotions, Savings, Offers, Free, Black Friday, Cyber Monday.

Sitelinks / Promotion Extensions

Include these special sales and offers with your ads to make your promotion stand out so potential customers can spot great deals and generate new sales for your business.

Countdowns Timers

Let potential customers know about sales or special events by adding a countdown timer to your ad text to create a sense of urgency.

Increase Budget Caps

To cover the increase in traffic, you must consider increasing the budget of your campaigns to capitalise on the increase of impressions and clicks.

Good luck! Marin Software has got you covered. We’ve put everything in place to provide above-and-beyond customer service, particularly during the critical Black Friday and Cyber Monday events, for our retail customers in the midst of their busiest time of the year. Don’t hesitate to reach out to your account manager or our sales team today.

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It is that time of the year again! For many people, November means shorter days, colder weather, and a countdown to the holidays - but for marketers and retailers, it's the busiest time of the year and there's a lot to do between now and the New Year. In this blog, we're looking back at last year's holiday shopping season and sharing our predictions for what's to come in the weeks ahead.

Looking back at 2020

Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience throughout the 2020 holiday season. Faced with rising transmission of the virus, restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy.

Black Friday and Saturday 2020 saw tremendous growth in online activity. For the first time, the number of online Black Friday shoppers passed the 100 million mark, up 8 percent over last year. Overall, online-only shoppers increased by 44 percent for the entire weekend, spending a total of $95.7 million*.

Over 40 percent of holiday shoppers said they started earlier than they normally would in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics.

So what were people buying? Last holiday season saw year-over-year gains in six out of nine retail categories, led by double-digit increases for building materials, sporting goods stores and furniture. Let’s take a look at how 2021 may compare...

2021 Predictions

From rethinking the holiday shopping timeline to reimagining traditional sales events, retailers are actively planning ahead to ensure they are ready to meet consumers’ 2021 holiday shopping needs - despite the supply chain issues impacting the industry.

According to the National Retail Federation, holiday sales for 2021 are expected to increase by 8.5-10.5% compared to 2020, generating between $843.4 billion and $859 billion.

Last year saw extraordinary growth in digital channels as consumers turned to online shopping to meet their holiday needs during the pandemic. While ecommerce will remain important, households are also expected to shift back to in-store shopping and a more traditional holiday shopping experience. Plans to shop online are down 3% from 2020, up 1% from 2019 (pre-pandemic) and it’s still the largest destination for consumers to make purchases this holiday season.

Over the last decade, consumers have been kicking off their holiday shopping early in order to spread out their budgets and avoid the stress of holiday shopping. This year, shoppers started earlier than ever, with half (49%) beginning to browse or buy before we even hit November. With the prospect of consumers seeking to shop early, inventories may be pulled down sooner and shortages may develop in the later weeks of the shopping season. However, if retailers can keep merchandise on the shelves until Christmas, this season could potentially shatter previous records.

To understand how MarinOne can help you scale your effort during key retail periods, reach out to your account manager or our sales team today.

*Source: National Retail Federation calculations based on U.S. Census Bureau data as of April 2021
NRF holiday spending is defined as the months of November and December.

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Welcome to part three of our Amazon Prime Day 2021 three-part series.

In part one, Are you ready for Prime Day 2021?, we took a look at last year's performance, noted key deadlines for retailers, and highlighted some top-level levers to get the most out of Prime Day, before, during and after the event.

In part two, Top tactics for a successful Prime Day 2021, we expanded upon the key levers and focused more on best practices and optimization techniques for promotional periods such as Prime Day

Prime Day starts today, so in part three we’ll talk through some of the strategies to keep the momentum going during the period after Prime Day (2+ weeks):

For at least 2 weeks after the 2 day Prime event, you should focus on reengaging with your Prime Day audiences that continue to visit Amazon to browse and shop products. During this time, consider promoting complementary products to your existing audiences and even reach new audiences who viewed your products but didn’t purchase them during Prime Day.

A lot of Brands decide to cut their spend significantly right after Prime Day has ended or even pause campaigns entirely, which is an oversight. Continuing to invest in a strategic approach is crucial. According to Amazon, it takes on average between 6 and 7 days before a shoppers initial browse on Amazon and making a purchase. In addition, a shopper makes 14 average detail page views before making a purchase. Because of this it's very likely that a shopper is still considering your brand/products, even after Prime Day, but has yet to convert - making the period after Prime Day the perfect time to re-engage with those audiences. Brands that continue to advertise after prime Day will remain at the forefront of shoppers’ minds, while those that don’t could lose the brand awareness that has been built during the lead up to Prime Day and the event itself.

Below we’ve put together some strategic opportunities to help Brand reap the rewards during the period after Prime Day;

Review Prime Day sales performance

• Some of your products may have sold better than others during Prime Day. The differences between them may be as transparent as budget issues but it could also be as small as targeting the wrong keyword. Use this data to refine your ASINs and hopefully improve impressions and conversion rate during the period after Prime Day.

• It is highly likely that shoppers saw your brand during Prime day via your Sponsored Ads campaigns and may be considering your products but have yet to convert. They need to be reengaged.

Focus on top selling products

• Focus on increasing visibility in all stages of the funnel, especially on branded terms to help upsell your products

• Increase budgets for your top-selling products to maintain higher spend levels and engage with shoppers looking for deals

• Keep increased top of page bids for ASINs that helped to drive Prime Day sales

Re engage with new-to-brand shoppers

• Review your new-to-brand performance. You might discover that a high number of new-to-brand shoppers ended up purchasing a particular product

• Boost bids on Sponsored Brands ASINs that have the highest new-to-brand sales to drive loyalty

• Create custom-built remarketing audiences in Sponsored Display based on new-to-brand engagement.

• Create new Amazon audience campaign with top selling new-to-brand products and assign higher bids to help increase scale

• Consider adding views remarketing segments to your ad groups in your new campaign(s) to manage efficiency in your NTB efforts. For example, you could create a custom-built category audience to remarket a top selling product to audiences who have previously viewed related detail pages of highly rated or Prime-eligible detail pages

Continue to offer deals

• Following Prime Day, shoppers are still budget-conscious and want to find the best deals. Because of this, consider continuing to run deals, coupons, and promotions during the Prime Day lead out.

• Products don’t have to be discounted as steeply as they were during Prime Day. But even smaller discounts could make a product more tempting to a shopper and will help to combat the slower nature of the first few weeks after Prime Day has ended.

• Coupons are a great way to entice a shopper to purchase, as the coupons badge will appear on the ad in search results and product pages. These badges signal a good deal to shoppers and will help to improve your click-through-rate (CTR) and conversion rates.

• If using coupons you have the choice of selecting a percent or monetary value coupon. Our recommendation is to use a monetary value. There’s nothing wrong with percent coupons, but how much is the actual discount? People don’t want to do this kind of math when they’re trying to decide if they even like the product or not.

Remarket to existing audiences

• Re-engage customers who viewed your products but didn’t purchase your products during Prime Day

• By adding audiences to your Sponsored Display ads, you can prioritise customers more likely to add your product to their cart

• Use audience controls to customise campaigns based on key detail page attributes, such as product category and price range.

Co-sell and upsell with product targeting

• Use Sponsored Display Product targeting to reach new or existing customers on any product detail page or category on Amazon – even outside of your own category. Reaching new customers outside of your category allows you to help inspire shoppers to consider products that might be relevant to them

• Review Amazon’s Market Basket report, which shows the top 3 products most frequently purchased at the same time as the Brand Owner’s products - Use this data to create ads that show up in the “Sponsored Products Related to this Item” carousel on Amazon

• Target detail pages for top selling competitor products that relate to your products. Review the Item Comparison Report which shows all the different ASINs that were viewed and compared against your ASIN. These are your competitors and provides you with an indication of which products you should target.

• Play defensive and target closely related / complementary products in your own catalog to make sure shoppers who land on your product detail pages do not see competitor products

If you are interested in learning more, click here to connect with a sales representative or, if you’re an existing Marin customer, reach out to your Marin Customer Success Manager for more information.

Welcome to part two of our Amazon Prime Day 2021 three-part series. In part one, Are you ready for Prime Day 2021?, we took a look at last year's performance, noted key deadlines for retailers, and highlighted some top-level levers to get the most out of Prime Day, before, during and after the event.

Since our last blog, Amazon announced that Prime Day 2021 will kick off at midnight PDT (3 AM EDT) on June 21 and run through to the end of June 22.

There’s still some lead up time to the event, so in this blog we’ll expand upon the key levers and focus more on best practices and optimization techniques for promotional periods such as Prime Day:

Experiment with Sponsored Brands creatives

• Create ads that showcase your top products and also products featuring deals.
• Forgo generic ad copy and use custom headlines that relate to the products you are featuring and your audience strategy.
• Try out new headlines and different collections of products to see which outperform the others.
• Review new-to-brand metrics, which can help you to measure the number of first-time customers or total first-time sales your brand acquired.

Use Sponsored Display for the the lead up to Prime Day

• Product targeting and audiences for Sponsored Display can help you to reach more audiences before the Prime Day event, and it will also help with brand awareness during the lead-up too.
• Review new-to-brand metrics to help determine whether an ad-attributed purchase was made from an existing customer or one buying your brand’s product on Amazon for the first time.
• Adjust budgets, add more ASINs, and broaden your reach prior to the Prime Day week. These three steps, according to Amazon, drove an average 3x sales lift and +45% better ROAS during Prime Day 2020.
• Sponsored Display is a great way to reach shoppers at every stage of the shopping journey:

1. 
   
2. Awareness - Utilize category targeting, Amazon Audiences, and Views remarketing to grow the total audience of Amazon shoppers who are aware of your products.
3. Consideration - Utilize Views remarketing, Amazon Audiences, and product and category targeting to help maximize purchase intent by telling your brand's story.
5. Purchase - Utilize Views remarketing and Product targeting to help stay visible when shoppers are ready to buy.
7. Loyalty - Utilize Views remarketing and product targeting to drive repeat orders and engagement with your Amazon Stores.
8. 
   

Drive shoppers to your Amazon Store

• Engage shoppers with curated pages that showcase your deals and top products
• Use product detail page placements to showcase your brand to shoppers viewing related categories, and direct them to your store.
• Sponsored Brands Store Spotlights let you feature Store pages in your creative, along with a customizable headline, sub-page image, and label (US Only).
• If your SB campaign is targeting product keywords around products that are found in a specific page in your store, you should link directly to that specific page.
• Creating separate campaigns for each keyword strategy will give you visibility into how each strategy performs. For example, if you’re targeting keywords that contain a competitor’s brand name, separate them into their own campaign to see how well you’re able to drive a competitor-related search to your Store.
• According to Amazon, linking Sponsored Brand campaigns to a Store delivers +29% better return on ad spend when compared to linking to a product list page.

Schedule your Store updates

• Scheduling enables you to build out Prime Day updates for your Store to showcase your promotions and offers ahead of the Prime Day event. Aim to have a Prime Day version of your store created by June 14.
• Showcase deal ASINs in your Store, including on special deal pages. Leverage the Featured Deals Widget within Stores to showcase Prime Day-specific deals and discounted items or promotions - and choose between Lightning Deals (when available) and Deals by Category.

Drive discovery and engagement with Sponsored Brands video

• Use Sponsored Brands video to stand out in desktop and mobile shopping results and help shoppers discover your brand and products as they shop on Amazon during the leadup to Prime Day.
• Review our earlier blog post, Video Ads on Amazon, Do I Need to Get Involved?, for Marin’s top tips and insights on running Sponsored Brands Video ads.
• According to Amazon, Sponsored Brands video campaigns have, on average, shown 127-267% higher CTR compared to product collection campaigns.

Keep your ads discoverable to shoppers

• Boost your daily budget to help ensure that your ads serve throughout the Prime Day event. Amazon recommends a 200% increase on your average daily spend.
• For the budget-conscious retailers, consider using Marin’s Amazon dayparting / ad scheduling solution where you'll be able to increase or decrease your keyword bids not just on a certain day, but also by a specific hour – as precisely as 15-minute increments. For example, if you know historically you saw a 20% increase in revenue/clicks between 1PM and 3PM, you can set a 20% boost to increase your bids during those specific hours.

Improve campaign performance

• Pause low-performing campaigns, and consider moving the budget to high-performing campaigns
• Use negative targeting to restrict how your ads appear, which is especially important for broad match keywords.
• Consider using Marin’s machine learning bidding algorithm to help raise ACOS and improve ROAS Marin was able to increase exposure by 79% for Buyagift (a leading provider of gift experiences in the UK) by optimizing bids with our leading ad management platform. We were also able to increase click volume by 36%, with a 7.4% lower cost-per-click than before. The campaign grew awareness and engagement, and ultimately helped Buyagift boost revenue on Amazon by 17%. See the Amazon case study for more information.
• Use Amazon Budget rules to automatically adjust budgets based upon performance or seasonality.

Use Product Targeting to increase your market share, defend your brand and drive more sales

• Hijack the detail pages of competing high-performing products to increase your impression volume if you are trying to launch a product in a competitive space.
• When targeting competitor products, make sure the product is a similar product to the one you are selling to make sure you have the best chance of a conversion to take place.
• Consider targeting complementary products that go well with yours. For example, if you are selling a foundation makeup brush, place your product on the detail page of a liquid foundation for the face.
• Defend your branded space by targeting your own products to combat the risk of a consumer navigating to your detail page and then clicking on a competitor’s ad.

Get on board with Amazon Attribution

Amazon Attribution provides visibility and insights into how non-Amazon digital marketing (search, social, display, video and email) impact shopping activity and sales on Amazon. Without the Marin + Amazon Attribution integration, you will not be able to connect the cost from a paid search or paid social click to a resulting Amazon conversion metric (such as page views, add to carts, and purchases).

• Gain an accurate measure of your ROI by seeing cost and revenue data together.
• Utilize Marin’s automated bidding against total revenue, including Amazon Attribution revenue data and event metrics.
• According to a survey, 52% of shoppers are more likely to buy an unfamiliar brand on Amazon vs any other store.
• Create Google Sitelinks with the messaging “Buy Now on Amazon” that take visitors directly to your Amazon Store, or an Instagram ad that takes visitors directly to the Amazon product detail page with an “Add to Cart” button.
• AccuQuilt was able to increase revenue +213% while improving ad clicks by 154% and average order value by 17% using the Marin + Amazon Attribution Integration. See the case study for more information.

Bidding for success

Make sure that your bids are competitive, even after Prime Day has ended. Amazon’s research shows that it’s between 6 and 7 days from when a shopper browses to when they actually make a purchase, and an average shopper makes 14 detailed page views before making a purchase. With that in mind, there's ample opportunity to improve performance for the period after Prime Day has ended.

• Take the strain out of manual bidding by using Marin’s machine learning bidding algorithm to automatically calculate bids based upon your targets and goals.
• Use Marin’s automated bidding in conjunction with our Promotional Bid Modifier optimization. This automatically draws on your historic Prime Day performance data to optimize bids based on your promotional calendar. The algorithm uses your historic data to generate keyword-level boosts based on each keyword's performance during previous Prime Day promotions.
• Use Amazon Dynamic Bids “up and down” - If a click is likely to convert, Amazon will raise your bid up to 100% for placements at the top of the first page of search results and up to 50% for all other placements. This is fully compatible and works in conjunction with Marin’s bidding algorithms.

It may seem like that’s a lot to take in, but as with any digital marketing activity there are numerous optimization strategies to help improve performance. The ones mentioned above are some of the key levers available to get you the best out of Prime Day 2021.

Look out for part three in our series, which highlights some of the strategies to keep the momentum going during the period after Prime Day. In the meantime, if you are interested in learning more, click here to connect with a sales representative or, if you’re an existing Marin customer, reach out to your Marin Customer Success Manager for more information.

It’s that time again. Over the past few years - typically around mid-July - Amazon has launched Prime Day for its Prime members to shop new deals and discounts. Although last year’s shopping event was delayed to October due to the ongoing coronavirus (COVID-19) pandemic, Amazon’s first quarter results call, the company announced that Prime Day will “take place later in the second quarter” of 2021, which means we’re likely to see Prime Day hit sometime in June.

The Prime Day page is up and reads “Prime Day is coming,” although as of this publication no “official” announcement has been made to confirm when Prime Day will actually take place in Q2. However, as the last shipping cut-off date and FBA inventory cut-off date is June 13th (shown below), we’re betting that Prime Day will take place sometime between June 14th and 27th.

Looking Back: Prime Day 2020

According to Amazon’s press release, and SimilarWeb’s research, Prime Day 2020 was a record-breaking event worldwide with an increase in sales of nearly 60% from the prior year and amazing deals across a variety of categories from small businesses to top brands. Some of the key takeaways from 2020 Prime Day are shown below:

These results represent a staggering growth opportunity for any retail company. So if the numbers above aren’t enough to persuade you to take part in Prime Day 2021, bringing with it the potential to reach a colossal number of shoppers, then what will?

Getting the most out of Prime Day

Although Prime Day is officially a one- to two-day event, retailers should consider the lead up to the event and also the period after to be just as important. You should consider separating your activity into three phases: before, during and after.

Prep for Prime Day - Key dates for retailers

MAY 20 - JUNE 13: Inbound shipping cutoff for vendors. Deal inventory must be in transit:

• May 20: the United States and Canada
• May 30: India
• June 1: Australia and Mexico
• June 6: the United Kingdom, Germany, France, Italy, Spain, the Netherlands, Turkey, the United Arab Emirates, and the Kingdom of Saudi Arabia
• June 13: Japan

MAY 28 - Deadline to submit coupons in the United States, Canada, Mexico, France, Italy, Germany, Spain, the United Kingdom, Japan, the United Arab Emirates, the Kingdom of Saudi Arabia, and Australia.

MAY 30 - JUNE 13: FBA inventory cut-off date for sellers. Make sure your shipments arrive at Amazon well in advance of key shopping dates. Inventory should arrive at Amazon’s fulfillment centers by this date to ensure your products are available for customers during Prime Day:

• May 30: India
• May 31: the United States and Canada
• June 1: Australia and Mexico
• June 6: the United Kingdom, Germany, France, Italy, Spain, the Netherlands, and Turkey
• June 7: the United Arab Emirates and the Kingdom of Saudi Arabia
• June 13: Japan

In part two of our Amazon Prime Day 2021 blog series, we’ll go into greater detail about our recommendations and techniques to boost your Prime Day performance with key strategies to maximize returns.

In the meantime, if you are interested in learning more, click here to connect with a sales representative or, if you’re an existing Marin Software customer, reach out to your Marin Customer Success Manager for additional information.

Apple’s latest iOS update has now launched and users are now updating their software to version 14.5.

Apple has also announced dates for its annual Worldwide Developers Conference (WWDC), which should include announcements for iOS 15, and will take place from June 7th through 11th.

How will this affect me?

Starting with iOS 14.5, iPadOS 14.5, and tvOS 14.5, you’ll be required to ask users for their permission to track them across apps and websites owned by other companies. Unless you receive permission from the user to enable tracking, the device’s advertising identifier value will be all zeros and you will not be able to track them.

When a user opens an app, such as Facebook, they will be asked whether they consent to having their activity tracked across apps and websites they use, which if they decline will have an impact on businesses being able to monetize through ads. Given Facebook’s heavy dependence on app advertising, this will negatively impact their Audience Network, resulting in the loss of accurately targeting and measuring campaigns and making it much harder for small businesses to reach their target audiences. According to Facebook, when testing using constrained delivery, more than a 50% drop in revenue occurred when personalization was removed from mobile app ad install campaigns.

Ultimately, despite their best efforts, Facebook and other apps have no choice in the matter but to comply with Apple’s new rules and regulations or otherwise have their apps blocked on the Apple App Store.

What’s next on Apple’s agenda?

Apple announced back in February that in early spring 2021, they would add support for Private Click Measurement (PCM) for iOS and iPadOS apps, in addition to websites. Developed by Apple’s browser engine WebKit to support measurement of online advertising, PCM will allow you to measure the effectiveness of advertisement clicks within iOS or iPadOS apps that navigate to a website. According to Apple, “This information can be used to understand which advertisements drive conversions (such as purchases or signups) — while maintaining user privacy”.

While this is a step in the right direction toward heightened privacy, we’re yet to see how this will impact customers and whether PCM is viable in the long run. PCM attribution reports will contain limited data in addition to being delayed randomly between 24- and 48-hours to disassociate events in time. This change is very interesting for Safari users, but other browsers such as Chrome, Firefox or Edge would need to implement PCM for it to become a web standard. What is promising, however, is that WebKit states “We are working with them to get there” so who knows, maybe sometime in the future PCM will become “the norm” to measure advertising.

Is there a silver lining?

Make sure that your measurement system is using a first-party approach and, if possible, combat conversion attribution restrictions further using a server-to-server approach.

As mentioned in our earlier blog post about browser cookies, for advertisers relying on third party cookies for ad targeting, you should look to diversify your ad buys to account for potential lost opportunities as these options go away.

For Marin customers, you can leverage our cross-channel conversion tracking pixel – Marin Attribution – which complies with GDPR and CCPA regulations and meets Apple iOS requirements. Our proprietary Marin Attribution dashboards include de-duplicated, click-based conversions with transaction IDs for an unlimited amount of conversion events. As advertisers prepare to sunset ad tracking via cookies, Marin is doubling down on our privacy-first ad tracking and measurement solutions.

Check out our latest Marin Attribution overview, which showcases our solution to privacy-safe measurement for a post-cookie world, the challenges that marketers face, and how using Marin Attribution can combat these obstacles.

If you are a Marin Social customer and have questions about the impact of the iOS 14 updates, read our blog post on the Five Fundamental Changes After the Apple’s iOS 14 Release or, alternatively, reach out to your Marin Customer Success Manager for more information.

Sponsored Brands video is a relatively new ad format from Amazon that can display an eye-catching video alongside the ad on the Home Page, Detail Page and Search Results Page on Amazon, across desktop, mobile and tablet devices. What’s great is that these ads will automatically play when the video is at least 50% visible on screen then pause if the video is scrolled out of view.

How difficult are they to set up?

Sponsored Brands video ads include the advertiser’s brand logo, a text headline, and a call-to-action link alongside the video player as default and do not require creative design support from Amazon Advertising. Plus, thanks to the standardized mute function, the annoyance level of Sponsored Brands video ads is very low.

The product image and associated information (title, price, review count, star rating and Prime eligibility) are automatically displayed, so the only step to be taken is having the video content created for the brand or product in question. However, once the video is available, the process is simple and the ad can be created in a matter of minutes. As with any video ad, certain guidelines must be met, which can be found on Amazon’s website here.

Why should I put in the effort?

Ask yourself the following questions;

• Do I want to reach incremental shoppers and boost sales?
• Would I be more likely to stop and take notice of a moving image rather than a static one?
• Do I want to increase my brand’s exposure on the world’s #1 most visited internet marketplace?
• Do I want to show off a new product or strengthen a top seller with impactful visuals that tell a story?

If you answered yes to any or all of the above then it's a no-brainer--you should unquestionably take advantage of this valuable opportunity to increase your exposure on Amazon.

Top tips for your Sponsored Brands video ads

1. Don’t start the video with an empty frame, feature the product prominently within the first second
2. Keep it brief - Aim to have a video length of 15-30 seconds to relay your message
3. Videos should work without sound - Remember, the majority of viewers won’t have their sound turned on, so make use of subtitles
4. If appropriate, ensure that on-screen text / subtitles / captions can easily be seen and read across all devices. Amazon recommends “using Helvetica or a similar san-serif font at a minimum size of 80 px”
5. Add a logo at the beginning and end of your video to remind the viewer who you are
6. Consider using a custom background image behind the video player to stand out even more
7. Include a call to action (CTA) within your video that’s punchy and precise, i.e. ‘Learn More’ or ‘See Details’
8. A/B test your landing pages to understand your best performers. Customers can be sent to an Amazon Store Page, Product Listing Page or Category Page
9. Time is of the essence, so forgo the whimsy fade-ins and lengthy introductions, and keep the video brief and straight to the point. Customers need to know what you’re selling straight off the bat
10. If using music in your video, keep in mind your audience and don’t use a soundtrack that's annoying or loud
11. If your goal is consideration or purchase, focus on what makes your product unique and why customers should buy it over your competitors
12. If your goal is brand awareness, focus on building a connection between your potential customer and the product you’re trying to sell

How can Marin help?

Marin is here to support our eCommerce customers in any way possible. Amazon Sponsored Brands video is just one of the many ad types supported in MarinOne, giving our customers the opportunity to use our award winning, robust AI-powered bidding solution for Amazon video ads. Below are some additional advantages of using Marin to manage your Amazon sponsored ads:

• Complete visibility of all settings and performance metrics across all levels: Campaign, Group, Keyword and Ad
• Marin keeps all historical performance data whereas the Amazon console makes only the most recent 90 days available
• Use Marin’s Bidding for enhanced long-tail keyword targeting results with progressive lookback modeling
• Combine AI with inventory signals and contextual modifiers
• Have visibility into attributes, including Image, Price, Rating, Reviews and Availability
• Marin’s Keyword Expansion tool allows you to quickly and easily add search terms as new keywords or negative keywords for your Amazon activity, as well as the ability to see conversion and revenue data for each search rerm
• Link conversions and revenue driven on Amazon with your Google, Bing, Pinterest, LinkedIn, Verizon Media and Facebook spend using Marin’s Amazon Attribution solution
• Improve performance and combat wasted spend by adjusting bids by day-of-week and hour-of-day using Marin’s Ad Scheduling (Day-Parting) Tool
• Isolate underperforming keywords and ASINs using advanced filters
• Maximize growth opportunities with budget planning and predictive intelligence

To learn more about Amazon Sponsored Brands video and beyond, reach out to your Marin Customer Success Manager or click here to schedule a conversation.

We recently wrote a blog on The Power of Web Queries, a type of scheduled report in MarinOne that is hosted on a URL and automatically updated with the most recent data. These are fully customizable reports, right down to the date range, activity type and even how often the data is refreshed.

The flexible nature of Web Queries means that marketers can automatically import their data directly into Microsoft Excel instead of having to manually download their data and then import into Excel, saving you endless hours of time spent generating reports manually. You can even create dashboards and templates in Excel, which get updated with the most recent data at the click of a button.

The New and Improved Web Query Reports

Since our earlier blog post, we’ve made further enhancements to our Web Query reporting capabilities to not only allow data to be automatically imported into Excel, but now into Google Sheets too.

You’re probably asking why use Google Sheets? What’s the benefit? Well, here’s a few…

• Due to the cloud-based nature of Google Sheets, collaboration between multiple users makes a marketers workflow easier and faster
• Built-in revision history
• No need to constantly press “Save” due to Google Sheets’ auto-save functionality
• Real-time chat window with colleagues
• Access to your Google Sheet and data from any computer/device
• Refreshing of data is automatic on an hourly cadence - no manual intervention needed
• Ability to control access levels to the data, i.e. Read-Only, Edit or Comment access
• Share the data easily with management and stakeholders
• The data can also be synced into big data tools from Google Sheets for enhanced customization and reporting i.e. Google Data Studio
• Pricing – Google Sheets is completely free to use

Setting Up Web Query Reports for Google Sheets

Once you’ve generated your Web Query report from MarinOne, copy the URL and open up a Google Sheet then follow the steps below.

Click into a cell and type =IMPORTHTML(

• This function / formula imports data into a Google Sheet from a table within a HTML page such as Marin’s Web Query reports that are hosted on a URL

The syntax format is =IMPORTHTML("url", "query", index)

• url – The URL of the page to be examined, including protocol (e.g. https://).
  This is where you paste the Web Query report URL that you generated in MarinOne
  
• 
  
• The URL must be enclosed in quotation marks
• 
  

• query – Either "table" or "list" can be used, depending on what type of structure contains the data
  For Marin’s Web Query reports, it will be the query "table", and make sure to also enclose it in quotation marks
  

• index – The index, starting at 1, which identifies which table or list (as defined in the HTML source) should be returned
  For Marin’s Web Query reports, there are three tables to choose from (as shown in the image below)
  

Your formula should look like the example below. Make sure that each syntax is separated with a comma.

=importhtml("https://one.marinsoftware.com","table",3)

• Once you hit enter, the data will be imported into the Google Sheet from the Web Query report
• Once you have the data into the spreadsheet, you’ll need to set the criteria for the data to be refreshed;Click File >> Spreadsheet settings >> in the pop up, click Calculation >> change the recalculation to ‘On change and every hour’ >> click Save Settings

Google will now automatically refresh the data on an hourly cadence, so you can be sure that the most recent data is up-to-date - There’s no need to manually refresh like you have to in Excel

Why not give it a try and enhance your workflow with our latest update? And if you haven’t already, check our earlier blog on Web Query reports: The Power of Web Queries.

One of the biggest online retail events of the year is looming on the horizon and fast approaching. Amazon Prime Day 2019 will be the fifth annual event, taking place July 15th and 16th.

Amazon introduced Prime Day back in 2015 to celebrate the 20th anniversary of its founding. It was a one-off sales event offering more deals than Black Friday, exclusively for Prime members.

Prime Day 2018 may have only lasted a day (and a half), but it was Amazon’s biggest shopping event in its history—sales surpassed Cyber Monday, Black Friday, and Prime Day 2017 over a 36-hour period. Retailers offered over a million deals worldwide and sold over 100 million products. For any retail company, that’s a staggering growth opportunity.

Prime Day 2019 holds the potential for you to reach a colossal number of shoppers and drive incremental revenue.

Here’s what you need to know to advertise on Amazon.

Advertising Solutions

Advertising on Amazon can be an easy way to promote your listings and get your products noticed when people are shopping for similar items. There are two advertising solutions: Sponsored Products for promoting individual listings, and Sponsored Brands for registered brand owners to promote their brand and product portfolio. These solutions can give your products a visibility boost and maximize sales by bringing those products to a new audience.

Sponsored Products

Amazon Sponsored Products ads are a type of paid advertising where you’re only charged when a consumer clicks your ad (pay-per-click). Keywords trigger the ads, and they also drive the consumer to a product detail page within Amazon. The ads can be displayed on top of, alongside, or within search results and on product pages, and can appear on both desktop and mobile.

Sponsored Products ads can help you grow sales on Amazon by reaching consumers searching for products like yours and driving them to your product page. This ad type can increase eligibility and placement status for your top Buy Box offers, and help grow your new and low-exposure ASINs.

Sponsored Brands

As with Sponsored Products, Sponsored Brands are a type of paid advertising where you’re only charged when a consumer clicks your ad. Note that this ad type is only available for professional sellers enrolled in the Amazon Brand Registry, vendors, booksellers, and agencies. You can display your ads at the top of, alongside, or within search results, on both desktop and mobile.

Sponsored Brands ads can help drive discovery of your brand. They're great for generating awareness of a new product, promoting seasonal items, or creating more demand for a bestseller. They also allow you to drive consumers to your Store page, custom URL, or a bestselling product page.

Should I Advertise on Amazon?

Are you selling products online either via your own website or a third party? If the answer is yes, then Amazon Advertising is a must!

If you’re reluctant, start small. Only sell your top selling product(s) online, and then once you see the value, begin to increase your Amazon inventory. If you need additional help, then a third-party ad management platform like Marin is the solution for you.

We may be biased, but Marin was able to increase exposure by 79% for Buyagift (a leading provider of gift experiences in the UK) by optimizing bids with our leading ad management platform. We were also able to increase click volume by 36%, with a 7.4% lower cost-per-click than before. This grew awareness and engagement, and ultimately helped Buyagift boost revenue on Amazon by 17%. See the Amazon case study for more information.

Take a leap of faith and reap the rewards this Amazon Prime Day!