Financial Improvements: Retail

OptiMine consistently improves paid-search financial returns by 25 percent or more, and we can prove it. This chart shows the results of retailers have experienced in customer-run trials. If you want to see the details behind some of these successes, visit the retail case study page.

Industry
Business Metric
Goal
Incumbent Bidding System
Result
Retail Net Profit Increase Net Profit Ad Agency 299% higher Net Profit with a 9% decrease in Revenue
Retail Net Profit Increase Net Profit Ad Agency 40% increase in Net Profit with 8% increase in Revenue
Retail Net Profit Increase Net Profit Online Marketing Suite Provider 1200% higher Net Profit
Retail Signups Increase Signups Ad Agency 216% more Signups, met Cost per Signup constraint
Retail Orders Maximize Orders Ad Agency Reduced Cost per Order by 48%
Retail Revenue Increase Revenue Analyst Increased Revenue by 67% year over year
Retail Revenue Increase ROAS Analyst Increased ROAS by 89% with a 6% decrease in revenue
Retail Revenue and Margin Increase Profit Analyst Increased profit by 87%
Retail Revenue Maximize Revenue Online Marketing Suite Provider Increased revenue by 21%, decreased cost of sales by 63%
Retail Revenue Maximize Revenue Analyst Increased revenue by 50%, decreased cost of sales by 46%

 

Results are mostly from A/B tests with OptiMine (treatment) taking on a portion of the paid-search spend and the incumbent (control) managing the rest. Both the treatment and control groups are given the same goal and constraints by the customer to guide their bidding decisions to make the comparison of results quite fair.