Google has a track record of recognizing needs, and creating products to solve those needs. In the book How Google Works, authors Eric Schmidt and Jonathan Rosenberg describe a strong culture in which problem solving is encouraged—and facilitated. How Google Works came out in 2014. Six years later, Google continues to prove that problem-solving and innovation are core strengths: one need look no further than a product like Shopping campaigns with partners. Still in beta mode, Shopping campaigns with partners has been created by the tech giant to make it easier for nonretailers such as manufacturers to sell their own products online. How? By giving those brands a way to run advertising that links directly to any commerce site. Read on to learn more.
What Is Shopping Campaigns with Partners?
Shopping campaigns with partners essentially puts products in places where shoppers will see them. Increasingly, that means a digital presence: according to Google, 56 percent of consumer time spent with media is on digital. Shopping campaigns with partners capitalizes on the importance of digital, facilitating a collaboration between brands and retailers, and then connecting the two by directing consumers from ads that appear throughout Google ad touchpoints like Google Search or YouTube.
Why Shopping Campaigns with Partners Matters
It’s easier and more efficient for businesses to advertise when they don’t have to manage a commerce site of their own, and Shopping campaigns with partners takes that burden off of manufacturers. But the partnership the product forges clearly benefits both parties: as Google notes, “brand manufacturers . . . promote their products while increasing traffic to retailers of their choice.” The mutual benefits don’t end there. As part of the partnership, manufacturers partially fund the retailer’s advertising cost for the manufacturer’s products. In return, retailers provide attribution reporting for the products highlighted in the campaign.
Who Is Using Shopping Campaigns with Partners?
Shopping campaigns with partners will eventually be launching in every country where Google Shopping products are offered. Some manufacturers, such as the Estée Lauder Companies, have already had an opportunity to test the capabilities of the product during its beta phase. In this instance, Shopping campaigns with partners paired Estée Lauder with a retail partner in the United States; the campaign was specifically meant to position and promote Estée Lauder designer fragrances, and maximize holiday demand. The strategy paid off: thanks to Shopping campaigns with partners, clickshare of the targeted fragrances increased 70 percent.
True Interactive is ahead of the curve. We’re working with businesses to use the product to support their online commerce needs. We’ll report on results later!
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