Eliquid, wondering if you have any high-level advice for doing ppc on the comparison shopping engines for ecommerce.
Have you had the most success with amazon? I've read the conversion rate is higher than Google.
As with anything, it's varies by niche and only testing will tell, but wondering if you can make any generalizations based on your experience.
Thanks!
I've done a shit ton actually, mostly in soft goods both domestic and international.
If you want a quick breakdown of CSE's or Marketplaces ( I assume this since it is kinda related to CSE and you mentioned Amazon, which I know you could have meant Amazon's PPC though too ).
Marketplaces that generated us the most revenue:
1. Amazon
2. eBay
3. Sears
4. Rakuten
CSE's
1. Google
2. Shopzilla
3. Shopbot in AU
Nothing else really worked for us in marketplaces or CSE's. I didnt include some of the international specific CSE's or Marketplaces in this list.
The biggest thing is, treat CSE's just like PPC. Meaning, each CSE will have its quirks and positives. What works well on Google didnt always work well on Shopzilla and vice versa. Look at all the details in your feeds and reports so that you know it takes $X of dollars in your socks category to make 1 sale, but it takes $X dollars in your shirts category to make 1 sale.. also break this down by impressions and clicks, as well as turn around ( shelf life ) time so you not sitting on old product.
When you get into CSE's, you get more into retail and retail tactics. Don't let inventory that might be seasonal sit out on the feed for X weeks or in your store for that long as well. Some of those principles need to be brought into your CSE to help overall. Once you have an idea of how many impressions and costs it takes to get a sale, you can go into others CSE's with at least some idea of where you want to be before you test so you can make some goals.
Also, if you have a lot of inventory and it moves quick, make sure that damn feed is updated daily if not hourly.
On marketplaces, the same applies.. but know how much your getting charged for each sale. Amazon takes a fucking huge bite in each sale and so does eBay ( not as much ) but you need to factor that into your costs as well as costs for shipping and turn around time and returns/poor reviews that can lead to negative feedback that can also lead to other issues. I lost a lot of money on Amazon because I didn't factor in everything when I needed to when I started on it. FBA adds in costs too if your doing it.
Just know your costs, even down to the item or category level of what you sell. Sometimes you can sell socks on Amazon if your margin is great, but maybe you cant sell pants or shoes ( weight of shipping, margins, etc ). If your that high level up you need to know these things to make sure your accounting for all expenses and not just click costs.
Sears was by far the hardest to learn. There is no one sharing tips about it and if you experiment you can get better rankings with it. Amazon Gold box was awesome too, but they let their rep go and the program went dark for months, it might be back now.
Make it a point to know what your competitors are doing daily with same/similar products. You dont want to be pushing your products for more then 10% higher when he hits a sale or the whole lot of your competitors reduce all their seasonal at the same time. You dont want to the be high priced merchant for weeks not selling because you didnt know everyone else lowered their takes.