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Make Your Products Visible Everywhere!

                 ASD Las Vegas | March 26, 2012


Ryan Douglas
Product Manager, SingleFeed
                                                  1
•   Quick Intro
•   What are the Comparison Engines?
•   Getting Started
•   How To Implement
•   Real World Examples
•   Feed Optimization Tips
•   Recap
•   Q&A

                                       2
•   Over 6 years hands on ecommerce experience
•   At SingleFeed – Customer Development and
    Full Service Account Management
    • Worked with directly with hundreds of retailers
•   PlumberSurplus.com – Online Marketing for
    Internet Retailer Hot 100 Retailer.
•   Remember - I used to be in your shoes!




                                                        3
•   Leading data feed management tool for
    retailers
•   Founded in 2006 True Ventures, Acquired in
    2011 by Vendio
•   Trusted Partner – To Google and many of the
    leading shopping engines
•   Core Customer - Retailers doing $250K to
    $20M
•   Pricing – Flat Rate Service plans from $99/mo


                                                    4
Comparison Shopping Engine? Shopping
Comparison Engine? Price Comparison Engine?
                       What's the difference?




                                                5
•   Traditional shopping engine lists one
    picture, one title, one description and all of
    the merchants that sell that particular
    product
•   Product listings help consumers quickly and
    easily make apples-to-apples comparisons
    to make smart buying decision




                                                     6
•   CSE – Comparison Shopping Engine
    • There are 25+ Major CSE’s
    • Google Product
      Search, Pricegrabber, Nextag, Shopping.
      com, Shopzilla, etc

•   Pricing – Cost per click (CPC)
    • Flat CPC rates, determined by each
      engine
    • Variable CPC rates “bidding” at a
      category or product level
    • Budgets managed per engine


                                                7
•   What do you sell?
    • Widgets to whatchamacallit’s but no services
•   Part of a complete online marketing presence
    • CSEs contribute 5-20% of total sales
•   Increase traffic and sales
    • Controlled and profitable
•   Each CSE spends $$$ on marketing and SEO
    to drive traffic, adding to your “reach”




                                                     8
•   The Shoppers
    • CSE’s account for over 200 Million unique visits per
      month
    • Looking for product
      information, recommendations, price
      comparison, retailer reputations
    • Price isn’t the only driver in their searches

•   Merchants
    • Thousands of retailers participating, are you?
    • Promoting millions of products
    • From small (<$100K) to massive retailers ($50M+)

                                                             9
Free CSE’s

• 100% Free!
• The Find, Google Product Search, Bing
  Shopping, Sortprice
• The “No Brainers”

CPC CSE’s

• Bid on products, and categories
• Pay for each click, regardless of conversion
• Most common variety
• Nextag, Shopzilla, Pricegrabber, Shopping.com, etc




                                                       10
The checklist to begin listing on the
                  shopping engines




                                        11
Requirements
 • Access to product data/catalog
 • Ability to frequently updates feeds
 • Shopping Engine Accounts
 • Credit Card for CPC engines
 • Tax and Shipping Information
 • 5-10 hours for initial setup/launch
   (not including feed generation)



                                         12
1.   Create Engine
2.   Fund Accounts (if CPC)
3.   Create Data Feed(s)
4.   Upload Feeds
5.   Review Errors
6.   Setup Tracking and
     Reporting



                              13
•   Enter the feed “Matrix”
    • Most CSEs use 15-20 fields,
    • Every CSE has different needs- download
      feed spec’s from each one
    • Common and unique data fields
    • File formats
•   Data Feed Management Services




                                                14
•   Set a “data standard”
    • Give your data Integrity!
    • Any new fields to add?
•   Begin Requiring New Fields like UPC,
    Brand/Manufacturer, model number
•   Create a plan to update existing products
    • Set a Goal and a Target Finish Date
•   Separate Out Attributes into New Fields
    • Color, Model Number, Brand
    • Extremely useful to have this data “faceted”
•   Ask for better product data from vendors


                                                     15
•   On Product detail pages for SEO
•   Print and Online Catalogs
•   Site Search & Personalization Tools
•   Sitemaps for Search Engines
•   In Email Newsletters/Campaigns
•   Comparison Shopping Engines
    • Often forgotten!




                                          16
•   Conversion tracking per CSE
•   Use your own Analytics
•   Monitor closely and regularly
•   Don’t “set it and forget it”
•   Watch your Metrics
    • Develop targets
    • Measure against other channels
•   Each CSE behaves differently
•   Determine profitability

                                       17
18
19
20
21
There’s no one size fits all
          “magic formula”




                               22
•Figure out what’s relevant to your
 products
•Find Keywords from your analytics
•Typically includes:
 •Brand/Manufacturer
 •Model Numbers
 •Colors and Sizes
 •Gender
 •Keyword Phrases
                                      23
•Logitech K350 Wireless Keyboard & Mouse
 [brand] [model] [feature] [keyword phrase]

•Vizio 42”LCD TV E420VO
 [brand] [size] [keyword phrase] [model]

•Levi’s Women’s 501 Dark Wash Denim
 Jeans
 [brand] [gender] [model] [color] [keyword
 phrase]


                                              24
   TDK 16x 4.7gb 50 pack
   TDK DVD-R Storage Media 16x 4.7gb 50
    pack

   Arturo Fuente Chateau
   Arturo Fuente Chateau Cigars

   Mephisto Hurrikan
   Mephisto Hurrikan Men’s Dress Shoe


                                           25
•   Invest In your Product Data
•   Don’t set it and forget it
•   No “Magic One Size Fits All” Solution
•   Don’t submit every product to paid CSEs
•   Try different product titles
•   Use Google Product Search if nothing else
•   Submit, Analyze, Optimize, Repeat.




                                                26
27
Ryan Douglas
 ryan@singlefeed.com
800-705-8852 ext 201
 www.SingleFeed.com




                       28

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Comparison Search Engines: Make Your Products Visible Everywhere!

  • 1. Make Your Products Visible Everywhere! ASD Las Vegas | March 26, 2012 Ryan Douglas Product Manager, SingleFeed 1
  • 2. Quick Intro • What are the Comparison Engines? • Getting Started • How To Implement • Real World Examples • Feed Optimization Tips • Recap • Q&A 2
  • 3. Over 6 years hands on ecommerce experience • At SingleFeed – Customer Development and Full Service Account Management • Worked with directly with hundreds of retailers • PlumberSurplus.com – Online Marketing for Internet Retailer Hot 100 Retailer. • Remember - I used to be in your shoes! 3
  • 4. Leading data feed management tool for retailers • Founded in 2006 True Ventures, Acquired in 2011 by Vendio • Trusted Partner – To Google and many of the leading shopping engines • Core Customer - Retailers doing $250K to $20M • Pricing – Flat Rate Service plans from $99/mo 4
  • 5. Comparison Shopping Engine? Shopping Comparison Engine? Price Comparison Engine? What's the difference? 5
  • 6. Traditional shopping engine lists one picture, one title, one description and all of the merchants that sell that particular product • Product listings help consumers quickly and easily make apples-to-apples comparisons to make smart buying decision 6
  • 7. CSE – Comparison Shopping Engine • There are 25+ Major CSE’s • Google Product Search, Pricegrabber, Nextag, Shopping. com, Shopzilla, etc • Pricing – Cost per click (CPC) • Flat CPC rates, determined by each engine • Variable CPC rates “bidding” at a category or product level • Budgets managed per engine 7
  • 8. What do you sell? • Widgets to whatchamacallit’s but no services • Part of a complete online marketing presence • CSEs contribute 5-20% of total sales • Increase traffic and sales • Controlled and profitable • Each CSE spends $$$ on marketing and SEO to drive traffic, adding to your “reach” 8
  • 9. The Shoppers • CSE’s account for over 200 Million unique visits per month • Looking for product information, recommendations, price comparison, retailer reputations • Price isn’t the only driver in their searches • Merchants • Thousands of retailers participating, are you? • Promoting millions of products • From small (<$100K) to massive retailers ($50M+) 9
  • 10. Free CSE’s • 100% Free! • The Find, Google Product Search, Bing Shopping, Sortprice • The “No Brainers” CPC CSE’s • Bid on products, and categories • Pay for each click, regardless of conversion • Most common variety • Nextag, Shopzilla, Pricegrabber, Shopping.com, etc 10
  • 11. The checklist to begin listing on the shopping engines 11
  • 12. Requirements • Access to product data/catalog • Ability to frequently updates feeds • Shopping Engine Accounts • Credit Card for CPC engines • Tax and Shipping Information • 5-10 hours for initial setup/launch (not including feed generation) 12
  • 13. 1. Create Engine 2. Fund Accounts (if CPC) 3. Create Data Feed(s) 4. Upload Feeds 5. Review Errors 6. Setup Tracking and Reporting 13
  • 14. Enter the feed “Matrix” • Most CSEs use 15-20 fields, • Every CSE has different needs- download feed spec’s from each one • Common and unique data fields • File formats • Data Feed Management Services 14
  • 15. Set a “data standard” • Give your data Integrity! • Any new fields to add? • Begin Requiring New Fields like UPC, Brand/Manufacturer, model number • Create a plan to update existing products • Set a Goal and a Target Finish Date • Separate Out Attributes into New Fields • Color, Model Number, Brand • Extremely useful to have this data “faceted” • Ask for better product data from vendors 15
  • 16. On Product detail pages for SEO • Print and Online Catalogs • Site Search & Personalization Tools • Sitemaps for Search Engines • In Email Newsletters/Campaigns • Comparison Shopping Engines • Often forgotten! 16
  • 17. Conversion tracking per CSE • Use your own Analytics • Monitor closely and regularly • Don’t “set it and forget it” • Watch your Metrics • Develop targets • Measure against other channels • Each CSE behaves differently • Determine profitability 17
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  • 22. There’s no one size fits all “magic formula” 22
  • 23. •Figure out what’s relevant to your products •Find Keywords from your analytics •Typically includes: •Brand/Manufacturer •Model Numbers •Colors and Sizes •Gender •Keyword Phrases 23
  • 24. •Logitech K350 Wireless Keyboard & Mouse [brand] [model] [feature] [keyword phrase] •Vizio 42”LCD TV E420VO [brand] [size] [keyword phrase] [model] •Levi’s Women’s 501 Dark Wash Denim Jeans [brand] [gender] [model] [color] [keyword phrase] 24
  • 25. TDK 16x 4.7gb 50 pack  TDK DVD-R Storage Media 16x 4.7gb 50 pack  Arturo Fuente Chateau  Arturo Fuente Chateau Cigars  Mephisto Hurrikan  Mephisto Hurrikan Men’s Dress Shoe 25
  • 26. Invest In your Product Data • Don’t set it and forget it • No “Magic One Size Fits All” Solution • Don’t submit every product to paid CSEs • Try different product titles • Use Google Product Search if nothing else • Submit, Analyze, Optimize, Repeat. 26
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  • 28. Ryan Douglas ryan@singlefeed.com 800-705-8852 ext 201 www.SingleFeed.com 28

Notas del editor

  1. All caps product nameNo Year – Important for apparelNo other attributesPoor Offsite context – don’t know what the item is
  2. All caps product nameNo Year – Important for apparelNo other attributesPoor Offsite context – don’t know what the item is
  3. Great Product NameComplete Attributes – brand, model, color,upc, and collection