RKG Makes Recommendations for Marketers Heading into Q4
RKG has consistently shown a wide range in the value of ad clicks across device types, with smartphones generating an average revenue-per-click that was 74% lower than desktops in Q3. Utilizing RKG’s upgraded proprietary Adaptive Bid Management technology, and taking advantage of Enhanced Campaigns’ improved ability to capture long-tail traffic, RKG advertisers were able to hit more demanding ROI targets for mobile, while maintaining traffic levels.
For the full third quarter, tablets and smartphones combined to generate 30% of search ad clicks, up from 28% in the prior quarter. With smartphone CPCs reduced from 60% of desktop levels to 35%, mobile spending share was flat from Q2 to Q3 at 24%.
While mobile continues to drive the bulk of search volume growth, with smartphone and tablet spending up 66% and 79% Y/Y on Google respectively, advertisers reinvested gains from their mobile ROI improvement back into desktop, which saw spending growth jump from 1% in Q2 to 10% in Q3.
As marketers head into the all-important holiday season, relevant learnings are to:
|1.||Revisit your mobile strategy to invest smartly. New mobile opportunities with Enhanced Campaigns are paying off but you must adjust your strategy to capture better performing mobile traffic.|
|2.||Have an air-tight Product Listing Ad (PLA) strategy. If you’re a retailer and are not leveraging PLAs, you should be. In Q3 alone, Google PLAs drove 35% of non-brand search clicks.|
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