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Search Term Research
David Hughes
Head of Analytics
Email: david.hughes@icrossing.co.uk
Blog: http://connect.icrossing.co.uk
0       Who am I?
                           David Hughes, Head of Analytics

  Lead a team responsible for measuring user behaviour on
     the web. Work across the whole portfolio of iCrossing
      clients including Coca Cola, Toyota, HBOS and Orange


                                                                    UK                 UK
A digital marketing agency with search and social at its core
                                                                120            12
 We blend SEO, paid search, social media, content, display        Staff   FTSE 100 clients
     advertising, user experience, web development, and
   analytics & insight to build connected online marketing
                                                                 Global
                                                 strategies                         Global


                                                                580            13
                       We create connected brands
                                                                  Staff            Offices
0   I will be mostly talking about…


            Selecting Search Terms
            based on value


             Search Term research =
             Customer Research
Search Term Selection
1   When we choose Terms on volume only…




    We’re acting like there is no competition!
1   What’s usually the desired outcome?

                             Or maybe:
                             Unique visitors
                             Time on Site
                             Pages viewed
                             Monetised clicks
                             Quotes
                             Engagement
                             Etc etc
1   We need to build Models
1   For this model we need…




    …Search volumes
1   For this model we need…
          Heat Map showing click through rates




    An understanding of where users click
    (And not just using 2006 AOL data)
1       For this model we need…

Natural Search Ranking Report




        Where we are now
        (In natural search = rankings)
1   For this model we need…

                                           Competition

    1                                      Technical
    2                                      Restrictions
    3
                                           Available
                                           optimisation tactics
    4
    5
                                           Timeframes
    6
    7

A realistic forecast of where we can get to…
1   For this model we need…



    Conversion                Basket Value
      Rate by                  by Product
     keyword

                    Costs
1   Finally…
    Profit Margins (by product)
       • Often difficult to get
       • But half blind without
1   Can put a £value onto each keyword
       Search Volume


       Forecast Rank


       Click Thru Rate


       Expected Clicks




                         =
      Conversion Rate


        Basket Value


       Profit Margin
1   What does this mean for…Natural Search?

New Profit =
            Canxoptimise the c – cp)
             (@fR)
∑ (sV * CTR        cR * pR * pM) –
                          keywords that
Where:
sV = search volume

                          will deliver the
CTR = click though rate
fR = forecast rank
cR = conversion rate

                          most additional
pR = product revenue
pM = profit margin
C = cost

                          profit
Cp = current profit
1   Case studies

    4 clients - change in incremental profit vs. picking KWs on search volume




                                312%
               97%




                                                57%             54%
1         What does this mean for…Paid Search?
                                     Improves Profits
                                     • Much of paid search management is
                                       achieving the right balance between cost
                                       and benefit; i.e. how can I make the most
                                       profit?
                                     • At any one time there will be optimum
                                       bids on individual keywords and
Benefit




                     Optimal Spend

                                       therefore an optimum spend
                                     • This kind of analysis helps you find that
                                       sweet spot




                  Cost
Customer ReSEARCH
“Link by link, click by click, search is building possibly the most
lasting, ponderous, and significant cultural artifact in the history of
humankind: the Database of Intentions.”
                               John Battelle

                               Author of “The Search: How Google And Its
                               Rivals Rewrote The Rules Of Business And
                               Transformed Our Culture”




“If you're trying to persuade people to do something, or buy
something, it seems to me you should use their language..”
                               David Ogilvy

                               Founder of Ogilvy and Mather
2   how people search is how they think
2   shoes sizes search reflects life

                              Actual
                              Search Volume




a Women’s                              b Men’s
2   Revealing customers wants and needs
     Discovering pinch points on the customer journey for BAA
2   Judging demand
    Finding out what music people like…in Brazil


                                                   For a Global
                                                   Fortune 500
                                                      company
2   Understanding the cultural landscape
     Demand from within Germany for non-German media (e.g. Turkish Ringtones)
2   Discovering Regional differences
     Variations in how different nationalities describe bathroom items
Thank you.



Contact:
David Hughes
ICrossing UK– Brighton
+44 1273 828 151 work
David.Hughes@icrossing.co.uk

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David Hughes iCrossing UK Performance Insight Search Term Research

  • 1. Search Term Research David Hughes Head of Analytics Email: david.hughes@icrossing.co.uk Blog: http://connect.icrossing.co.uk
  • 2. 0 Who am I? David Hughes, Head of Analytics Lead a team responsible for measuring user behaviour on the web. Work across the whole portfolio of iCrossing clients including Coca Cola, Toyota, HBOS and Orange UK UK A digital marketing agency with search and social at its core 120 12 We blend SEO, paid search, social media, content, display Staff FTSE 100 clients advertising, user experience, web development, and analytics & insight to build connected online marketing Global strategies Global 580 13 We create connected brands Staff Offices
  • 3. 0 I will be mostly talking about… Selecting Search Terms based on value Search Term research = Customer Research
  • 5. 1 When we choose Terms on volume only… We’re acting like there is no competition!
  • 6. 1 What’s usually the desired outcome? Or maybe: Unique visitors Time on Site Pages viewed Monetised clicks Quotes Engagement Etc etc
  • 7. 1 We need to build Models
  • 8. 1 For this model we need… …Search volumes
  • 9. 1 For this model we need… Heat Map showing click through rates An understanding of where users click (And not just using 2006 AOL data)
  • 10. 1 For this model we need… Natural Search Ranking Report Where we are now (In natural search = rankings)
  • 11. 1 For this model we need… Competition 1 Technical 2 Restrictions 3 Available optimisation tactics 4 5 Timeframes 6 7 A realistic forecast of where we can get to…
  • 12. 1 For this model we need… Conversion Basket Value Rate by by Product keyword Costs
  • 13. 1 Finally… Profit Margins (by product) • Often difficult to get • But half blind without
  • 14. 1 Can put a £value onto each keyword Search Volume Forecast Rank Click Thru Rate Expected Clicks = Conversion Rate Basket Value Profit Margin
  • 15. 1 What does this mean for…Natural Search? New Profit = Canxoptimise the c – cp) (@fR) ∑ (sV * CTR cR * pR * pM) – keywords that Where: sV = search volume will deliver the CTR = click though rate fR = forecast rank cR = conversion rate most additional pR = product revenue pM = profit margin C = cost profit Cp = current profit
  • 16. 1 Case studies 4 clients - change in incremental profit vs. picking KWs on search volume 312% 97% 57% 54%
  • 17. 1 What does this mean for…Paid Search? Improves Profits • Much of paid search management is achieving the right balance between cost and benefit; i.e. how can I make the most profit? • At any one time there will be optimum bids on individual keywords and Benefit Optimal Spend therefore an optimum spend • This kind of analysis helps you find that sweet spot Cost
  • 19. “Link by link, click by click, search is building possibly the most lasting, ponderous, and significant cultural artifact in the history of humankind: the Database of Intentions.” John Battelle Author of “The Search: How Google And Its Rivals Rewrote The Rules Of Business And Transformed Our Culture” “If you're trying to persuade people to do something, or buy something, it seems to me you should use their language..” David Ogilvy Founder of Ogilvy and Mather
  • 20. 2 how people search is how they think
  • 21. 2 shoes sizes search reflects life Actual Search Volume a Women’s b Men’s
  • 22. 2 Revealing customers wants and needs Discovering pinch points on the customer journey for BAA
  • 23. 2 Judging demand Finding out what music people like…in Brazil For a Global Fortune 500 company
  • 24. 2 Understanding the cultural landscape Demand from within Germany for non-German media (e.g. Turkish Ringtones)
  • 25. 2 Discovering Regional differences Variations in how different nationalities describe bathroom items
  • 26. Thank you. Contact: David Hughes ICrossing UK– Brighton +44 1273 828 151 work David.Hughes@icrossing.co.uk