CASE STUDY | PRODUCT LISTING ADS

Quantifying Black Friday Investment and Incremental Lift Using PLA

The Black Friday-Cyber Monday (BFCM) period is a major opportunity for retail ad investment in key categories across The Home Depot.

Orange Apron Media

Key Categories during Black Friday Drive Major Results

NOTE: The top classes are ranked from classes that have a minimum revenue lift of $100,000 during Black Friday period. Source: Black Friday vs. 6 weeks prior analysis, Product Listing Ads – FW34-FY45 tested with emphasis on Black Friday Period FW40-FW45.

Opportunity

During the Black Friday-Cyber Monday (BFCM) period, The Home Depot website sees major traffic spikes across its categories. OAM sought to prove that aggressively investing additional spend into these categories with Product Listing Ads (PLAs) onsite increases relevancy and drives positive returns for advertisers.

Solution

Showcase the impact of an aggressive media investment in key categories across The Home Depot measuring KPIs that show impact across the full funnel: revenue lift and cost per click during the BFCM period (FW40-45).

Results

The results emphasized the importance of proactively investing and increasing bidding strategies across categories to stay competitive and maximize relevancy during the BFCM period. On average, the top 5 categories saw an average revenue lift of 55%, proving the need for an aggressive bidding strategy during this peak shopping season.

Top 5 Class by CPC Difference

73%

Nailers

52%

Gdos/Parts and Accessories

44%

Hard Window Coverings

33%

Concrete

22%

Floorcare

Top 5 Categories by Increased CPC

Category

Lighting

Indoor Garden

Power

Storage

Millwork

Revenue Lift

20%

28%

110%

92%

27%

CPC Diff

12%

10%

8%

8%

7%

Lighting Category Results

Top Classes by Increased CPC

Lighting

Class

Exterior Lighting

Interior Lighting

Ceiling Fans

CPC Lift

54%

20%

18%

Revenue Lift

14%

11%

12%

Orange Apron Media - Lighting

Lighting

Weekly vs. 6 Weeks Prior CPC & Average Spend

This graph shows a positive correlation between increasing spend and cost per click during the Black Friday period.

Indoor Garden Category Results

Top Classes by Increased CPC

Indoor Garden

Class

Tools

Fire

Cleaning

Outdoor Recreation

Storage Buildings

CPC Lift

11%

9%

9%

9%

7%

Revenue Lift

23%

52%

17%

201%

28%

Orange Apron Media - Indoor Garden

Indoor Garden

Black Friday Weekly vs. 6 Weeks Prior CPC & Average Spend

This graph shows a positive correlation between increasing spend and cost per click during the Black Friday Period.

Power Category Results

Top Classes by Increased CPC

Power

Class

Nailers

Chore

Portable Power

CPC LIft

73%

8%

4%

Revenue Lift

735%

188%

197

Orange Apron Media - Power

Power

Black Friday Weekly vs. 6 Weeks Prior CPC & Average Spend

This graph shows a positive correlation between increasing spend and cost per click during the Black Friday Period.

Millwork Category Results

Top Classes by Increased CPC

Millwork

Class

Gdos/Parts & Accessories

Millwork Specialties

CPC Lift

52%

7%

Revenue Lift

452%

33%

Orange Apron Media - Millwork

Millwork

Black Friday Weekly vs. 6 Weeks Prior CPC & Average Spend

This graph shows a positive correlation between increasing spend and cost per click during the Black Friday Period.

Category | Class Results

Black Friday Analysis Follow Ups (PLA)

Category | Class

Home | Luggage

Power | Nailers

Lighting | Exterior Lighting

Millwork | Gdos/Parts & Accessories

Kitchen | Hard Window Coverings

Building Material | Concrete

Appliances | Floorcare

Appliances | Air Quality

Lighting | Interior Lighting

Electrical | Portable Heating

Lighting | Ceiling Fans

Home | Textiles

Kitchen | Closet Organization

Outdoor Garden | Decorative Holiday

Indoor Garden | Tools

CPC Lift

237%

73%

54%

52%

44%

33%

22%

21%

20%

19%

18%

18%

15%

12%

11%

Revenue Lift

1610%

735%

14%

452%

225%

67%

115%

9%

11%

215%

12%

34%

36%

52%

23%

Top Classes From the Top 5 Category by Increased CPC

Category | Class

Power | Nailers

Millwork | Gdos/Parts & Accessories

Lighting | Interior Lighting

Indoor Garden | Tools

Indoor Garden | Fire

Indoor Garden | Cleaning

Indoor Garden | Outdoor Recreation

Power | Chore

Millwork | Millwork Specialties

Indoor Garden | Storage Buildings

Power | Portable Power

CPC Lift

73%

52%

20%

11%

9%

9%

9%

8%

7%

7%

4%

Revenue Lift

735%

452%

11%

23%

52%

17%

201%

188%

33%

28%

197%

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