Foreign brands like Adidas and Puma contributed to the 60% growth compared with last year’s June 18 event.
As part of Kenshoo’s partnership with Google, the two companies are working closely together as Google updates its AdWords API.
San Francisco (February 7, 2013) – Kenshoo (www.kenshoo.com), a global leader in digital marketing technology, announced strategic alignment of its paid search campaign creation and bid optimization solutions to help marketers capitalize on opportunities created by Google’s new enhanced campaigns offering, unveiled publicly on Google’s Inside AdWords blog.
“Over the years, Kenshoo has invested significantly in new capabilities around mobile as well as upgrading our local platform. Yesterday, Google made a clear statement about the growing role mobile devices play in our ever-connected world and the importance of taking a holistic approach to multi-device marketing,” said Will Martin-Gill, general manager of Kenshoo Search. “Kenshoo clients are actively generating strong returns on mobile search investment and we support Google’s efforts to further capture the opportunity provided by enhanced campaigns.”
Looking at paid search in Q4 2012 across an index of Kenshoo clients, mobile devices earned a disproportionately large share of clicks relative to budgets. In the U.S., mobile phones and tablets accounted for 19 percent of all paid search clicks but just 13 percent of ad spend. In the U.K., mobile devices represented 21 percent of all clicks while receiving 13 percent budget share. Kenshoo anticipates Google enhanced campaigns will boost the volume of mobile AdWords ads, while likely increasing competition among advertisers and improving the quality of the mobile search experience for searchers.
“Kenshoo has long advised our advertiser and agency partners to dive in head-first with mobile and prepare for the inevitable heightened competition and costs that will come as more and more advertisers embrace the offering,” added Martin-Gill. “Google’s announcement will further accelerate mobile advertising adoption, making it more important than ever for marketers to leverage Kenshoo’s tools for automated campaign management and advanced portfolio bid optimization.”As part of Kenshoo’s partnership with Google, the two companies are working closely together as Google updates its AdWords API to ensure Kenshoo’s client base of leading advertisers and agencies will be prepared to capitalize on the new opportunities presented by Google enhanced campaigns.
Kenshoo is a digital marketing technology company that engineers premium solutions for search marketing, social media and online advertising. Brands, agencies and developers use Kenshoo Enterprise, Kenshoo Local and Kenshoo Social to direct more than $25 billion in annual client sales revenue. The Kenshoo Universal Platform delivers automation, intelligence, integration and scale to make better marketing investments. With campaigns running in more than 190 countries for nearly half of the Fortune 50 and all 10 top global ad agency networks, Kenshoo clients include CareerBuilder, Expedia, Facebook, KAYAK, Havas Digital, Hitwise, iREP, John Lewis, Resolution Media, Sears, Starcom MediaVest Group, Tesco, Travelocity, Walgreens, and Zappos. Kenshoo has 16 international locations and is backed by Sequoia Capital, Arts Alliance and Tenaya Capital. Please visit www.Kenshoo.com for more information.