Optimizing in-store sales with lookalike audiences
About Starcom
Starcom is among the largest media networks in the world and a part of France’s Publicis Groupe, the third-largest communications group globally. Starcom provides solutions for investment, management, strategy planning, and research.
The time savings and performance benefits that we see with Marin Social have been key drivers for us to deliver positive growth. Marin’s expertise in the paid social realm allows us to push the boundaries with industry-leading solutions you simply won’t find anywhere else.
Oscar Romero
Head of Performance Media Performics-Starcom
Measuring and Optimizing Performance from an Omnichannel Lens
A leading international jewelry brand worked with Starcom, a digital advertising agency, to increase brand awareness and sales to both their brand site and retail stores in the United Kingdom.
Starcom wanted to expand the retailers reach while maintaining Return on Ad Spend (ROAS) goals. They’re always on the lookout for innovative and cost-effective ways to target new, high-value audiences on Facebook. As an omnichannel retailer with a large global presence, it’s challenging to determine how online ad campaigns impact leading retailer’s offline sales, while making scalable performance adjustments to reach a new audience beyond traditional website retargeting.
Working hand in hand with Marin’s customer success team, two key objectives were identified heading into the competitive retail holiday season:
Scale Performance. How can we maintain ROAS goals while reaching new audiences? Instead of just remarketing to people who didn’t convert, how can we get the most out of Marin’s innovative audience targeting offering to achieve goals?
Omnichannel Audience Optimization. How do we measure ROI impact both online and in-store? Instead of just measuring performance to e-commerce sales, it was vital to also be able to understand the impact online campaigns had on in-store sales.
Scaling Performance with Marin Social
After analyzing account performance, Marin’s customer success team recommended an innovative audience targeting feature called Campaign Lookalikes to scale performance. The team tested audiences from Campaign Lookalikes against Facebook’s standard custom audiences, including website traffic and traffic lookalikes.
Thanks to the ability to create lookalike audiences based on previous campaign conversions, the marketing team was able to reach high-quality audiences more likely to purchase than just browse. The team also implemented offline conversion tracking to measure the impact of Facebook campaigns on in-store sales, delivering new performance insights for better decision-making.
Doubling Down on Paid Social for Omnichannel Growth
Campaign lookalike audiences delivered outstanding results for the leading retailer, far exceeding their growth goals while maintaining ROI targets. This was true not only for online transactions, but also in-store sales at the cash register.
A Closer Look
Campaign lookalikes delivered 2.7x higher ROI online and 2.9x higher ROI offline than website custom audiences and website lookalikes.
Link CTR grew 2.7x, showcasing increased engagement from the campaign lookalike audiences compared to regular Facebook targeting strategies.
The team is exploring new strategies to optimize in-store sales with campaign lookalike audiences.
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White paper
PPC for B2B: a Performance Marketing Survey Report for 2023
To help you stay on the leading edge of performance marketing, we surveyed over 300 B2B marketers to uncover actionable insights that will help you improve the performance of your PPC investment. Through a Marin and LinkedIn partnership, we sought out to understand what B2B marketers face right now and how they are dealing with a complicated market. Read the full report to get a better understanding of how B2B marketers are changing their approach this year.
What You'll Learn from the Report:
How budgets have changed through the years 2020 to 2023 and how budgeting complexities affect the work of advertisers this year.
What challenges are most prevalent this year and how other marketers like you are adapting.
The critical role audience targeting plays in your success, especially during a recession, and some interesting trends relating to targeting techniques.
The types of content and campaign management techniques are currently helping advertisers move buyers through the sales funnel.
What paid social or PPC channels are providing the best ROAS or conversions for B2B right now.
Running ads across Google, Bing, Amazon, and social media is necessary for online vendors and sellers. So why is analyzing the performance of those ads so complicated?
Data fragmentation and walled-garden publishers create roadblocks for retail marketers. You’ve got ASINs on Amazon, SKUs on Google Shopping, Meta Advantage Plus, and more – making it hard to align data and get the full picture of a product’s performance. Manually unifying cross-channel data for each product is a tedious process that you honestly don’t have time for.
It’s time to break down data silos with an AI-powered reporting and optimization platform like Marin. Here are five problems you’re probably facing today that Marin can solve.
1. It’s hard to compare product performance across channels
Retail marketers need to be able to compare conversion rates by publisher to spot sales trends. What if a product suddenly starts driving a significantly higher conversion rate on Amazon than on Google? You’ll want to identify that variance immediately to understand what’s working on Amazon and apply what you've learned to your search and social campaigns.
We make it easy to analyze how every product is performing across publishers. No more pulling data from each ad platform and unifying it in a spreadsheet. Marin marries cross-channel data for each SKU – and pulls in conversions and revenue from your source of truth, too. It also matches SKUs to ASINs, making it easier than ever to compare performance between Amazon and your other ad channels.
Thanks to Marin’s data visualization suite, you’ll never need to do manual data pulls or create visualizations again. The data model is unified and built-in. It’s all right there in the app, so you can move at the speed of business when making critical decisions about where to spend your next dollar. And if you like using spreadsheets, it’s one click to open our reports in Excel.
2. Your sales are impacted by social media trends
If sales for one specific product suddenly skyrocket, congratulations - an influencer may have recommended it to their audience. If you sell in the beauty, lifestyle, fashion, or wellness spaces, you’ve probably experienced this more than once. It’s important to recognize those surges the second they happen so that you can capitalize on them.
Marin’s Alerts will keep you on top of unexpected shifts in performance by sending a report straight to your inbox. The Alert’s thresholds are totally customizable, but a common one is for campaigns where spend has increased or decreased more than 70% day over day. If any campaigns meet your chosen thresholds, you’ll be emailed a report with all the relevant data and details, making it easy to decide what to do next. And once you’ve determined your next move, you can update budgets, bids, and settings for all your ads right in the Marin grid.
If you’re looking for something more turnkey, our Anomaly Detector might be for you. This AI-powered alerting tool doesn’t require any setup. It automatically identifies deviations in performance and sends a sharable, actionable email explaining what changed and what to do about it.
3. You need an optimization suite that understands the big picture
Jumping from one ads manager to another can be frustrating, especially since some UIs work better than others. And many campaigns share the same goal across publishers, but thanks to those pesky walled-gardens, you have to navigate through each interface to change ROAS targets for a campaign group. But not with Marin.
Our optimization suite is a command center for all your bidding needs. Tweak bids or targets for all your different campaigns in one grid. Or, unify everything with Marin Bidding. Our bidding algorithm runs across all your channels, so you can map Google, Bing, and Amazon campaigns that share a ROAS target to one Strategy in Marin, making optimization management easier than ever. With one click of a button, update targets across all your PPC publishers. You can also mix and match Marin Bidding with publisher bidding if you prefer.
The TL;DR? You tell the AI what to do. You handle the strategy because that’s what you rock at. Marin automates implementation and performance monitoring based on the strategy you choose.
4. Distributing budget across campaigns and channels is complicated
What if you could ensure that every campaign always has the most efficient daily budget possible? With Marin, you can. Simply set a monthly spend goal for a category of campaigns that share a budget, like brand, non-brand, or by geo. Then, choose a ROAS target. Once you’ve customized your settings, Marin’s AI will allocate your overall budget across campaigns by updating publisher daily budgets, giving the majority of spend to the products with the most marginal opportunity to drive revenue. The algorithm runs daily, so it’ll pick up on any shifts in the SERP and adapt daily budgets as needed. Sounds blissful, right? Let our AI take budget allocation off your plate. Learn more about Marin’s industry-leading budget allocation tool here.
5. Expanding to new channels is daunting
If TikTok gets banned in the US, are you ready to start advertising on Lemon8? Retail moves fast, and your brand can’t take years to establish a presence on the next major social media app.
Marin simplifies the process of testing new channels. You can review the performance of your products at the SKU level by publisher to decide where to start. For example, if you’re seeing success with Amazon Ads and want to test out Google Shopping, simply navigate to Marin’s Product Performance report to understand what your top-performing ASINs are.
Then, you can use our bulk-create tool to build Google Shopping campaigns for those products that you already know drive sales. That way, you’ll put your best foot forward when launching on Google. And you can do all the analysis, campaign creation, editing, and performance monitoring necessary to test a new publisher without leaving Marin. No more hopping from Amazon Ads to Google Ad Manager. Marin will be your mission control center, making it possible to do all your reporting and editing in one window.
…And so much more!
We’ve barely scratched the surface of what Marin can do for your retail media and shopping campaigns. Our customizable platform can solve almost any paid media problem, and automate almost any optimization or reporting workflow. But don’t take our word for it – we’ve got a plethora of case studies detailing how Marin has revolutionized one paid media program after another. And if you want to discuss your unique business needs with a Marin expert, we’re more than happy to chat.
Fusion92 simplifies budget management and increases conversions 10% with Marin
Are you spending too much time managing a large number of budgets?
Could you get more from your campaigns by reallocating spend to top performers? Fusion92 asked these questions about their paid search program, and Marin had answers. Marin's performance management tools helped them save time and improve conversion volume.
Background
The Fusion92 team has a client that provides non-clinical administrative services to private dental practices. The client manages the business side so the doctors can focus on serving patients. The client also offers search marketing services to help practices acquire new patients, and the Fusion92 team manages those paid search campaigns.