Instead of brands that are based in brick-and-mortar locations finally have a reason to celebrate about ecommerce, Google's Local Inventory Ads. The ads strive to direct web traffic online consumers to local stores carrying the products they are searching for. This is a huge move in the search engine optimization world.
The tool was launched last year and so it's still somewhat new to brands but it seems to be helping them already. One brand that is experiencing benefit from this internet marketing tool is Sears Hometown and Outlet Stores.
What happens is really neat for brands; so when you search for something, for example, "Washing Machines", Google will have ads on the side or top of page, like Adwords, with ads for the product you're searching for. When you click on "Shop on Google" you are directed to a page with listings for all of the products that stores have paid to list under this section, pertaining to your search. You can see which stores are carrying your product, what their price is, and how far they are located from your location (determined by IP address).
So now stores have a bit of leverage on online stores advertising on Google. While the purchasing process of online is easier, it requires no driving or even getting dressed, the ability to immediately own a product and not paying for shipping will win every time.
Sears's spinoff company has been running these ads that utilize location and tell consumers where to find the product nearby for some time. In fact, they have seen 122 percent more visits to all of their 1,240 locations because of this service. Sears has reported a 16 percent increase on inventory ads versus their other online advertisements.
This tool works brilliantly with mobile advertising as well. Shoppers can check out where's the best place to purchase something while on the move to purchase it. It is the best search ad tool so far.
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