694% Boost In Revenue For Elsons Tools
In order to improve their results, the first thing we did was to ensure that products weren’t being shown in more than one campaign, using inventory filters. We then discussed with the client if there were any product ranges we could exclude due to poor margins, low stock, non-priority categories, and so on.
By focusing on key products we were able to identify those that were competitively priced, had good stock levels, and were a priority for the client. Once we were confident these changes were bedded in we switched to smart bidding, with a Target ROAS bidding strategy.
The client’s primary goal was to achieve a 20-33 ROAS, and once our changes had been implemented we achieved this goal every month for over 11 months, significantly exceeding it during peak seasons.
Revenue has followed a similar trend to ROAS with an impressive improvement of nearly 700% for Q1 year on year!