5 Reasons Your Marketing Mix Needs Google Vehicle Listing Ads
Google Shopping Ads are an ever-growing part of the company's strategy, and the recent Search On 22 event highlighted the growing ways shopping is becoming more visual on search results. Automotive was a vertical that recently became available for Google Shopping Ads and it's putting the vehicle listings front and center on Google search results. "Advertisers who complemented their existing Search campaigns with the vehicle ads beta saw a +25% average increase in conversions," Google said in their March announcement. Since launching we have seen a 56% reduction in cost per click on these campaigns.
In the past advertisers paid third party listing sites thousands of dollars to list automotive inventory, relying on the user traffic those companies could generate. Google generates more search traffic than all these listing sites combined and now the vehicle listing ads are served in a visual listing pinned to the top of the search results page.
Let's get to the list!! The top 5 reasons your marketing mix needs
Google
Vehicle Listing Ads
1.
Vehicle
Ads get in front of high intent audiences.
One of the cornerstones of paid search has always been that it is
driven by user intent in that very moment. This "new to automotive" Shopping
campaign is all about intent and merchandising
with the most premium position available on search.
2.
Master Your
Own
Inventory
Listings
In automotive, there is a long tradition of advertisers paying for
packages on inventory listing sites. These directories are their own search
engines for vehicle inventory and create a maze of pages
for users to filter through so maximum ads and inventory get seen. Now,
with Google Vehicle Ads, the
advertiser can list their inventory directly on the most used search engine,
generate your own listing
traffic,
and create more conversions
directly from their online storefront (aka website). This
reduces customer friction and
as a byproduct
allows the advertiser to capture more 1st party data.
3.
Maximize
traffic and conversions with more 1st party data
A reality of today's advertising
world is you want as much 1st party data as possible. Vehicle listing ads generate more clicks
to specific inventory pages on the advertiser's
website. This generates more user data, more retargeting
opportunities, and more 1st party data that can be modeled in other parts of advertising.
4.
Right
inventory, Right place, Right
time
Not much to elaborate on here, it kind of speaks for itself! Matching
the users
intent with the precise inventory is a recipe for success.
5.
Optimize
for Online and Offline Leads
The automotive industry continues to move toward more online
purchases but most often a store visit is still completed,
and many leads take place in the form of a well-researched
buyer showing up at your physical location. Vehicle
listing ads measure online conversions (leads) and offline, in the form of
store visits. This is valuable in the "view through"
performance of the media and understanding your customers journey and
the
overall
value of a campaign.
It takes a well laid out media mix to see the best return on ad spend possible. Google Vehicle Ads are an important part of the media mix that are audience first and intent driven. They are one part of a full search strategy that also includes Performance Max, traditional keyword search, Google Business Profile, and organic results.
Your
next step is to review your full funnel search engine results page strategy and
SilverBack Advertising can point you in the right direction with our free paid search
strategy analysis. SilverBack
Advertising has over 16 years of being digital technology
forward in our approach to paid search advertising and our team of industry
professionals will help you grow efficiently
and maximize your business potential.