What is Search Impression Share and How Can You Use It?
What is Search Impression Share and How Can You Use It?
Daniel Esquivel, VP of Paid Media • Intero Digital • September 26, 2016
In the marketplace, customers are presented with a wide array of options. In any given industry, the number of choices a customer can face can range from a few to a few thousand. As a marketer, the expanding selection of options means that you have to find a way for your product to stand out from the crowd. Brand positioning, or the way customers perceive your brand, is ultimately what will make the difference in the customer choosing your product over the competition’s. When it comes to brand positioning, there are two important points that will make you competitive within your industry: points of parity and points of differentiation.
Search Impression Share
Search Impression Share is a standard metric within Google AdWords and is an underutilized, but highly important metric to look at. SIS is defined as “The Number of Impressions you have received, divided by the approximate number of impressions you were eligible to receive.” Eligibility is based on your current advertisements’ targeting, approval status, bids, budget and quality score.
Search Impression Share is, arguably, a good metric to take a temperature gauge of your AdWords account’s health and all of the above mentioned metrics. Search Impression Share is percent based; therefore, a 100% SIS means your advertisement showed every time it was eligible to be displayed, while a 5% SIS means that your ads did not show 95% of the time (this metric is also referred to search impression share loss). Keep in mind, an SIS of 100% is rarely achieved, but not outside of the realm of possibility. An average campaign runs with an SIS of approximately 20%.
Now that we know what Search Impression Share is, how do we use it? SIS is very closely tied to budget; you can quickly impact it by increasing budget. But this is not recommended as a first step. There are many other metrics to address within an existing budget that will impact your SIS. I suggest you investigate the metrics listed below before you ever increase budget:
-
- Conversion Rate – Never increase budget with a conversion rate lower than 1%
- Bid – Should be competitive, but not too high
- Targeting – Only target areas that you want to market to (you would be surprised how often campaigns are targeted to too broad of an area)
- Quality Score – Make sure that all of your keywords, ad copy, and your landing page are relevant to one another
- Click-through-rate (CTR) – Always keep an eye on this metric. The CTR for a Search Campaign should average at 2% or higher, while a Display Network campaign should be 0.90% or higher.
For more information on Search Impression Share or Pay Per Click Marketing contact our paid digital marketing advertisement professionals today!