105 posts categorized "CSE News"

Nov 10, 2010

CSE Holiday Rates for 2010

Tis the season… For ecommerce retailers, this means huge boosts to conversions and revenue. For advertisers on CSEs, this typically means rate increases. In Holiday Seasons past, these rate increases have generally been 25% across all categories starting at the beginning of November and ending as last mid-January. However, last year, we saw a different trend. For some CSEs, the rate increases did not apply to all categories and for the categories that did have increases, they varied from 5 – 25%. There were some CSEs in 2009 who chose not to raise rates all!


For 2010, we find NexTag and PriceGrabber raising rates across all categories by 25%. This applies to all traffic you have received since November 1. Their rate increase will last into January of 2011. Shopping.com and Shopzilla rate increases will vary between 0 and 30% based on category. This is the first I remember any category rate increase being more than 25%. Amazon Product Ads and Become.com will not be increasing rates for the holidays.


For a more complete list of which CSEs are making rate changes, what the increases will be, when the rate increases will begin and end, and rate cards for category-by-category rate increases, see our 2010 Comparison Shopping Holiday Rate Changes page in the ChannelAdvisor Strategy and Support Center.

Aug 16, 2010

Google Rumored to be Acquiring Like.com

Like_logoTechCrunch is reporting that Google is the late stages of acquiring visual search engine Like.com. The company also owns several other properties that utilize  its image search technology, including Style By Jacquie and the fashion profiling site Covet.com. Originally developed for facial recognition purposes under the moniker Riya, the search technology has also been applied to user generated photos, not just product/celeb images.

If this is indeed to be, there are certainly merchants out there wondering what will happen to these existing sites and the traffic/revenue that originates from them. Like.com is a significant AdWords advertiser and has become a large referrer of traffic to some merchants in the shoes, apparel and accessory categories. Like also acts as a publisher of Shopping.com, Shopzilla, and PriceGrabber offer content, so merchants not sending a direct feed into Like.com may still receiving benefit from their properties.

It seems likely that Google's true target here is not any of these sites but the underlying technology, which generally does a very good job of returning similar product images by color, shape, pattern, etc. It doesn’t seem likely that Google would maintain these sites long term in parallel to Google Product Search. For one, it’s a conflict of interest since AdWords is a main acquisition channel for Like.com, but also Google generally thinks way bigger than that.

Integration of Like.com’s visual system into Google's existing search experience, both for product search and otherwise, could result in a very attractive option for users, especially in instances where words are not nearly as representative of the query subject as an image (this is exactly why Like.com focuses on clothes, shoes and accessories and not laptops or TVs).  Giving users not only more ways to search but options that allow clearer communication of what is sought is definitely a win for Google. In addition, expanding the already overhauled image search to build a stronger response to Bing’s “Visual Search,” which is frankly more of a visual browse experience, is probably seen internally as a plus.

If this sort of integration is the long term goal, the product search integration is the logical first step since that is the technology’s primary use right now. Such a feature could mean an increase in stickiness for the already popular Google Product Search. However, there isn’t a lot of certainty outside of Like.com as to how many of their users choose visual search over the trusty old text box. Similarly, there is little clarity as to what the conversion rate of users who choose visual search over text based search looks like. When it comes to clothes and shoes, different brands and models can look very similar, so using an image to find that exact item seems a lot less effective than a text based search. Really only when users don’t know exactly what they are looking for and want to be guided to aesthetically similar items does an image search seem extremely valuable. That sounds like a less qualified shopper. Then again, as long as Google Product Search traffic remains free, does it really matter how qualified the user is?

There is also the possibility that this is intended to augment the already live Google Goggles app on the android platform, which allows for searches based on user photos. Though media products seem to already work fine in Goggles, other types of products have not yet been a focus. Both the technology and the existing product catalog could act as an accelerator to expanding the scope of the Goggles application, acting, at least in the short term, like a RedLaser for clothes, shoes and accessories.

Speculation aside, it seems safe to assume that Google wants to use this software to expand what they are already good at: helping users find things, and either serving ads during that experience, or driving Google usage/loyalty so they can continue to serve even more ads during other points in the Google experience.

Jul 11, 2010

Google Announces New Requirements around Unique Identifier Data

Google announced Friday that unique identifier content (MPN, Brand, GTIN/UPC/EAN or ISBN) will become required for electronics, books, and media products in the US in "late August." Many products of this type already have a product page created, so if your feed doesn't contain a unique identifier that is allowing Google to match your offer to that page, you're already missing out on exposure for that item.

As noted in the announcement, this content can generally be found on the product page itself. If you don't have this information the Google product page is a good place to look, though this is not exactly a scalable approach if you send a lot of products in these categories. The manufacturer/supplier of the products may have the data so if you aren't getting it be sure to ask.

One recommendation here is to not assume that your data is correct, nor to assume the same of Google's data. The only thing that matters is that the data you are sending matches the data associated with Google's product page, which may or may not be what you are expecting it to be. This especially becomes problematic for products where there are different versions or editions.

It would be nice if Google would roll out some sort of matching report that indicates which items are matching to a page as well as a link to the page itself and perhaps some other data about the item. This would make it easier for merchants to determine which data points aren't correlating to Google's product database so they can take action to correct the content in their feeds. Merchants should check for matching on top products anyway but such a report would accelerate the process.

Jun 08, 2010

Google Adds Merchandising/Navigation to Product Search Home Page

Google has for the first time added some high-level merchandising to the Product Search home page by linking product images to queries under a "Gift Ideas for Father's Day" heading. Though it does technically involve a search, the resulting user experience is more like a category browse. It's difficult to know how much traffic actually comes through this page but it seems merchants who have good placement on these queries will benefit from this. The terms are generic enough where any merchant who is already including general keywords in their content probably don't need to take any action but this is further reason for those merchants who aren't including such keywords to start doing so.

Google Product Search Merchandising

May 07, 2010

PriceGrabber's New Bidding System

Since the cat's out of the bag about the PriceGrabber bidding system, I thought it may be valuable to share thoughts and some early learnings from experiences we've had in testing it. Yes, you can bid below the rate card but no, you shouldn't bid all your items to a penny. We've seen that you can maintain a decent traffic level after lowering a category bid but that bidding too low will cause a significant traffic drop. Whether or not using a penny bid as a replacement for product suppression will be effective is still to be determined but it's something we're trying.

Overall, I think this is a step in the right direction. Multiple engines have made moves in the recent past that indicated concern over maintaining maximum assortment and I think this is a similar move on PriceGrabber's part, which should increase their value proposition to consumers. It also benefits merchants who have a more control and flexibility, giving them a better opportunity to succeed long term.

Another piece worth noting is that this is the first CSE bidding system that allows for not just absolute bids but incremental bids, including negative incremental bids. The interface also allow for rules that facilitate bid changes not only by category and product, but also by price and manufacturer. It's interesting to see PriceGrabber not only take a significant step in terms of introducing bidding into their platform but also see that step be one not previously taken by including this new level of functionality. I've always been impressed by their catalog/matching technology. This development shows they have the ability to roll out rich features that can differentiate them in the market.

Mar 30, 2010

Shopping.com Tries Out New Look

I noticed today that Shopping.com pages look a bit different, with a tighter overall feel and a new "sponsored results" area.  I may be oversimplifying things here, but aren't all the results sponsored? Not sure yet on how those placements are determined but they appear to be feed offers.

Sdc-new-look

Mar 29, 2010

Verify and Claim Your Site with Google by May 18th

Google announced last week that every merchant sending product offer information into Google Merchant Center must verify their ownership of that domain by May 18 or face having their product data removed from Google Product Search. It's a relatively simple process but does require some action.

The most common question we've heard about this so far is, "can I use my existing verification?" Many merchants have already completed the verification process in order to gain access to Google's Webmaster Tools. The good news is, the answer to his is yes.

  • If your Google Merchant Center login is the same as your login for Google Webmaster Tools, all you need to do is go into the Merchant Center account, go to Settings -> General and click to verify.
  • If your logins to these areas are not the same, log in to Webmaster tools and click on the "verify" link under "verification" to see the verification details. Click "add a user" and enter your Merchant Center login. Then log in to Merchant Center, go to Setting -> general and click to verify.

Google-verification

 

Mar 11, 2010

First Thoughts on the New Yahoo Shopping, Powered by PriceGrabber

My first thought is that it looks an awful lot like the old Yahoo Shopping. The look and feel of Yahoo Shopping hasn't changed a bit, just the results and the URLs. Even the Yahoo rating system was retained. The search results are very similar to the PriceGrabber site, though I did see a few minor variations. Default rank on product pages is definitely different, probably due at least in part to the different rating systems.

Since this change was invisible to the average shopper, meaning the user experience hasn't changed, it's difficult to think the performance of this traffic will change drastically. I think PriceGrabber's results may  be perceived as more relevant and there is some additional navigation so it's possible that some improvement could come but only time will tell.

Feb 22, 2010

BizRank - BizRate Product Ranking

BizRate already displays product ratings on some products but they appear to be working on some new aspect of this function called BizRank.  Though there is no content appearing in the BizRank area on this example, the page code indicates that BizRank will consist of a numeric product rank and a text equivalent.

Bizrank1

Jan 11, 2010

Yahoo Shopping Announces Partnership with PriceGrabber

Yahoo sent emails to their merchants today indicating that the Yahoo Product Submit program will close March 11, 2010.  Yahoo Shopping as a destination will continue to exist but will be powered by PriceGrabber. This means if you are advertising on Yahoo Shopping via the Product Submit interface right now, but not on PriceGrabber, and you want your offers to stay live on Yahoo Shopping, you should begin advertising with PriceGrabber to ensure your offers will continue to appear on Yahoo Shopping after March 11.

This is definitely big news in that Yahoo Shopping consistently sits at or near the top of the CSE ComScore rankings as the top receiver of unique visitors. Even though the rate of click through to merchant sites is much lower on Yahoo Shopping than other CSEs, this announcement is still a pretty significant win for PriceGrabber. And though their partner network already includes big names like AOL and CNET, this deal is sure to increase their traffic volume pretty significantly.

It is worth noting, however, that for many retailers, traffic from Yahoo Shopping tends to convert pretty poorly compared to other CSE engines/networks, so it is very possible that come March 11, the conversion rate for existing PriceGrabber advertisers will decline. The quality of the data delivered to Yahoo by PriceGrabber is likely to be higher than that of the data Yahoo was able to collect and organize themselves. It is also possible that the user experience will be changed in a way that could help conversion out, but the most likely root of the lower conversion rate from Yahoo Shopping is simply the intent of their users, which is unlikely to change. So though the user may benefit to some degree by this, the biggest beneficiaries are Yahoo, who no longer has to maintain the back end, and PriceGrabber, who gets the traffic through their network. Which of these two won out the most is unknown as it would depend on the terms of the deal.

From the perspective of the merchant, the complexity goes down a bit as one less feed is required, but an element of control disappears as well. As I mentioned in my last post, many engines don't like discussing their partner network members. They prefer to distribute all content to all partners and only back off when problems arise.

We work with merchants who have shut down their Yahoo Product Submit feeds specifically because of the low conversion rate, and they will now be back on Yahoo Shopping via PriceGrabber, probably facing pretty much the same conversion challenge but with no easy way to completely turn it off.

It's interesting that is happening on the heels of the Yahoo Search Submit Pro shutdown and just over a year after Yahoo sold off Kelkoo. Data feed marketing is clearly not a space in which Yahoo sees a future for themselves.

Original email:

Important: Product Submit changes coming soon. Action required.

Dear Advertiser,

We have important news that will affect your product listings on Yahoo! Shopping and that will require you to take action.

As of March 11, 2010, Yahoo! Shopping is partnering with PriceGrabber.
This partnership will provide you with greater access to more potential customers and to enhanced reporting. It will give you the opportunity to list your products either on Yahoo! Shopping only or on both Yahoo! Shopping and PriceGrabber.

Because of this change, your Yahoo! Product Submit account will no longer be available on March 11, 2010. After March 11, 2010, to list your products either on Yahoo! Shopping only or on Yahoo! Shopping and PriceGrabber, you must sign up for a new merchant account with PriceGrabber. To ensure your products are live on Yahoo! Shopping on March 11, 2010, you must sign up for a PriceGrabber merchant account from January 11, 2010, through January 19, 2010. Signing up is fast and easy.

If you sign up before March 11, 2010, any applicable set up fees will be waived!

To start, just click the link below:

Sign up now for a new merchant account with PriceGrabber.

If you do nothing and do not sign up for a new merchant account, your products will only be listed on Yahoo! Shopping through March 11, 2010. After March 11, 2010, your products will no longer be listed.

PLEASE NOTE: If you already have a merchant account with PriceGrabber, you do not need to sign up for a new account. Your products will automatically be listed on both Pricegrabber and Yahoo! Shopping on March 11, 2010.

Your Key Dates to Remember:

January 11, 2010

January 19, 2010

March 11, 2010

Sign up for your new PriceGrabber merchant account with Yahoo! Shopping and PriceGrabber or with just Yahoo! Shopping.

Last day to sign up for a PriceGrabber merchant account to ensure your products are listed on Yahoo! Shopping and PriceGrabber when Yahoo! Product Submit is discontinued on March 11, 2010.

The Yahoo! Shopping and PriceGrabber partnership takes effect. If you have not signed up for a new PriceGrabber merchant account, this is the last day your products will be listed on Yahoo! Shopping.



If you have any questions about this change, a Customer Care representative will be happy to answer them.

Best regards,
The Yahoo! Product Submit team