


When you are running digital marketing campaigns from your online store, one of the most important factors is ensuring you have a high-quality product feed / data feed.
An optimized Google merchant account product feed helps the platforms where you are selling, such as Google, Amazon, or Facebook, to determine when and where to show your ads.
The more relevant, exciting, and informative you can make your product data, the more likely they will be to reach your intended audience and convince them to make a purchase.
Fortunately, there are a few rules and tips which you can follow to optimize your data and increase conversions to improve your ROAS and overall e-commerce revenue.Skyrocket your online store’s profit, while minimizing the chance of losing capital with Conversific! 📈
Try Conversific NowMany stores will have an extensive pricing range in the products they offer – from €5 to €5000.
To get the optimal return on your investment, your maximum cost per click for the lower-priced products needs to be a lot less than the max for higher items – common sense, right?
Also makes sense to find which products from this list ordered together, and try out the package deals.
The benefit? Custom labels let you segment your products by price so that you can control your CPC. E.g., One ad group from €10-60 might have a CPC of €1, and another group of €4000-€5000 might have a CPC of €10.
Similar to Price Point, but based on profit margins for specific products.
Instead of grouping your products by their sale price, you segment them by the profit. Some items selling for the same amount might have very different profit margins,
e.g., A €40 jacket sells for €100, compared to a €90 shirt that retails for €100. Both sell for the same, but the profit on the coat is a lot more.
You can also try to segment these products based on their conversion.
The benefit? Segmenting products into groups labeled by their profit margins means you can put more of your ad spend toward products netting you a better ROI.
It makes sense to focus on top-performing items while simultaneously decreasing the budget for low-performing products.
The benefit? Dividing up your products into groups based on how well they’re selling means you can control the increase or decrease on bids to get the best possible ROI.
Segment your products to include “clearance” or “On sale” promotions.
Maybe you want to get rid of low-selling items asap (by raising your max CPC) or keep a healthy ROI (by lowering bids on low-profit clearance items).
The benefit? Either way, custom labels based on promotions give you control over how you want to manage your products and bid management.
There are three options here:
Monitoring your store’s performance is crucial to online success. That’s why Conversific offers easy e-commerce analytics, so you can make profitable decisions based on intelligent insights when it matters most.
Alongside managing every aspect of your online store, it may seem that your product data feeds are less critical. However, site traffic, conversion rates, and overall revenue won’t increase if stores are not focusing on effectively managing and upgrading their product feeds too.
Select a feed management tool which lets you easily connect your online store with easy-to-use plugins for platforms like Shopify, Woocommerce, or Magento. With the right choice of tool, you can optimize and tailor every aspect of your product data feed, get dedicated customer support and access to pre-built templates to export to any channel you want to sell on.
The below video is about what Google recommends for optimizing product feeds.
WakeupData
Ben is a content marketer for WakeupData, a company driven by its mission to help empower e-commerce businesses. He specializes in creating valuable, actionable content which will save online merchants time and money
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