During the 2013 holidays, we shared some tips and tricks on how to adjust your bid strategies to take advantage of seasonal opportunities. Today, we wanted to take a look back and highlight one of our holiday success stories with the DoubleClick Search Performance Bidding Suite for real-time bid optimization. The following story comes from the VivaKi Search Hub -- VivaKi’s marketing support service that uses a deep knowledge of DoubleClick Search to drive results for their advertisers’ search programs.
One of the VivaKi Search Hub’s advertisers, a large retail brand, looked to the team to overhaul their current strategies for maximizing results over the 2013 Black Friday and Cyber Monday shopping days. To prepare for this peak time, the team turned to the DoubleClick Search Performance Bidding Suite to automate bids based on real-time conversion data, and respond immediately to market changes.
Timothy Lackhouse, Team Lead for Bid Strategy at the VivaKi Search Hub, was in charge of managing the advertiser’s bid strategies. “The bid strategies in DoubleClick Search are incredibly clear to set up and modify,” said Lackhouse. “With near real-time and granular reporting, we don’t need to spend countless hours or days waiting for the data. We’re able to get a deep level of insight into our performance right away -- assessing what’s working, what’s not, and making tweaks as necessary.”
Within days of launching the new bid strategies, the positive results were irrefutable. During Black Friday and Cyber Monday, the VivaKi Search Hub was able to increase its advertiser’s conversions by 360 percent while lowering CPO by 27 percent -- all while saving 90 minutes a day.
To get the full scoop on the VivaKi Search Hub’s success with the Performance Bidding Suite, read the full customer story here. Stay tuned to the DoubleClick Search blog and Google+ page for even more customer success stories.