There’s no doubt that online search remains a popular medium among customers in finding information. But with altered considerations for social media combined with updated online presence options, there can be doubt in how a bank should proceed to strengthen its appearance in a search engine.
One way to build customer recall is to develop a strategy for supporting branded keyword terms. Branded search results in an analytic solution is an expression of your customers’ recollection of your business online. Your bank should consider its brand strength – how can its current notoriety be used effectively.
The newest capabilities in paid search in Google and Microsoft’s Bing have linked ad services to other Bing and Google related platforms. The end result for paid search ads is an expanded relevancy towards intended customer segments and purposes. Google Adword Express, an Adwords extension, links your ads to Google Maps, highlighting its location. This provides a larger display on a computer screen, encouraging your customer to seek a bank branch if it is in a convenient location and increases the likelihood of clicking on an ad.
With regard to branded keyword terms, banks that have a long established relationship with its communities can put together a paid search strategy for extending branded search terms to these newly introduced services. Doing so would catch the segment of customers who are familiar with the bank but may not know what other services are provided. Features such as the aforementioned Adwords Express can be combined for provide further value online.
Branded search can be further augmented is an alternative appearance of services via a dynamic keyword insertion, a feature in which different keyword within an ad group appear in the ad based on the search query. The advantage can be grouping services together for a certain segment of customer, as well as creating a targeted campaign by context. So an ad for a “Bear Bank” offering home mortgage can have alternating text – refinance or first mortgage – in the title. A thought to consider is that words with similar meaning may differ in result appearance across search engines, so using additional tools such as Searchmetrics Suite and Wordstream can provide advanced keyword suggestions beyond the standard Google, Yahoo, and Bing accounts.
Digital signage ices the cake for many branded keyword programs by establishing customer recall of branded terms and intended service keywords in its media. The display’s impact occurs before the customer later decides to research services online. Customers will then recall the bank name and associated wording.
Once an ad campaign has been run, your analyst should confirm the impact from the results in a placement performance report. This report compares results across the campaign networks to identify and exclude poor performing ads based on networks. An online survey can be used at the landing page to assess if visitor did a search and had seen a digital display running. Influence from running a signage campaign can then be assessed, with a choice to pause the display message if the lift in click through rate is not significant.
Considering strategies to enhance paid search has a pay off. Recent white papers and studies are suggesting campaign sophistication in deploying paid search such as Google’s announced study back in 2012 that a combined paid and organic search usage can lead to a higher CTR. Enhancing branded search traffic with digital signage is one way in which a paid search campaign can lead to further payoff.