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Home Advertising

Lazada Paid Search – The Complete Guide

May 20, 2020
in Advertising
Lazada Paid Search – The Complete Guide

Table of Contents

  • Introduction To Sponsored Search
  • Terms
  • What It Means
  • Benefits Of Using Sponsored Search
      • Product Exposure
      • Boost In Sales
      • Collection Of Data
      • Overview
      • Campaign
      •  Balance And Budget
      • Reports And Insights
  • Discover Sponsored Search On Lazada Seller Center
      • Bid price
      • High-keyword relevancy
      • High search volume
  • Adding More Keywords To The Same Product
  • Adding More Keywords To Other Products
  • Changing Bid Prices In Bulk
  • How To Purchase A Sponsored Search Service
  • Manage And Review Your Lazada Paid Search
    • Managing And Troubleshooting Campaign Statuses
  • Status 
  • What It Means
  • What To Do
    • Managing And Troubleshooting Campaign Statuses
  • Status 
  • What It Means
  • What To Do
  • Frequently Asked Questions (FAQs) About Lazada Paid Search
    • Who can use sponsored search?
    • Why should I use Sponsored Search?
    • What if I have a limited budget?
    • What products are eligible for Lazada Sponsored Search?
    • What is the maximum number of keywords that I can bid for one specific product?
    • What happens when someone clicks on my product?
    • Where will my campaign appear?
    • How much does this campaign cost?
    • How many products can I include in a single campaign
    • What if my product gets multiple clicks from the same customer?

Introduction To Sponsored Search

Lazada Paid Search/Sponsored Search is an ad campaign that appears on the product search results of buyers that are looking for a product that is relevant or similar to your chosen SKUs. For instance, if you were to select a laptop as an SKU for your sponsored search. When a customer searches for this particular product on Lazada, your product will appear on top of the product search as a sponsored ad if your product is relevant and your bid is high enough.

For sellers who are new to digital ad campaigns, you can refer to the table below to familiarize yourself with the terms commonly used in Lazada paid search campaigns.

Terms

What It Means

Spend Total sum of the amount to be spent or have been spent
Impressions The number of times your sponsored product has been displayed
Click The number of times your sponsored product has gotten unique clicks
Clickthrough rate (CTR) How often people who see your sponsored products actually click on them
Cost per click (CPC) The average amount you pay every time someone clicks on your campaigned product
Conversion rate (CR) The ratio of which clicks actually result to purchase of product
Units Sold The total number of times your product was sold after it is clicked
Revenue The amount of money earned through purchase of your product after pushing the campaign
Return On Investment (ROI) The revenue you earned versus the amount you spent on the campaign
Store CR How often a sponsored search product leads to purchase of other products in your store listings
Store Unit Sold The number of units sold from your product listings after your sponsored product is clicked
Store Revenue The amount of generated revenue in your store listings after someone clicks on your sponsored product
Store ROI The total revenue you earned in your store listings versus the amount you spent on the campaign

Benefits Of Using Sponsored Search

Sponsored search is an efficient and easy way for online sellers to boost their products’ performance in terms of:

  • Product Exposure

Sponsored search lets you push your product to the top of Lazada search results in an instant. Hence, you are able to boost your exposure at the right time and to the right audience.

  • Boost In Sales

Based on customers’ specific keyword search behavior, the sponsored search will be able to reach out to your audience.

The Lazada Team also optimizes your selected SKUs based on historical buyer behavior. That being said, you get extra reassurance that people who click on your product are most likely to convert.

  • Collection Of Data

Data packs a great punch when it comes to strategically achieving your business goals. One of the best things about Lazada Sponsored Search is that you are able to obtain real-time data that are easily accessible to you via the Sponsored Search dashboard.

Along with your Sponsored Search service, you will also have access to the following:

  • Overview

This is where you’ll see the overall performance of your Sponsored Search campaign. There will also be a snapshot of the GMV, ROI, and units sold available for you.

  • Campaign

Here is where you will be able to view all the sponsored products that were created as well as customize product state, keywords, and schedules.

  •  Balance And Budget

You will see your account balance and a daily budget of your Sponsored Search account.

  • Reports And Insights

This is where you will have access to all the useful data that you can use for analysis and strategic planning. There is an option to export the data for your offline use.

Discover Sponsored Search On Lazada Seller Center

Lazada Paid Search - Complete Guide

Sponsored Search can be found on your Seller Center dashboard. After logging in, click Sponsored Solutions. Right under that, choose Sponsored Search.

Lazada Paid Search - Complete Guide

If it’s your first time opening Sponsored Search, you will be asked to accept the T&Cs. Click Start Lazada Sponsored Solutions Now. 

Lazada Paid Search - Complete Guide

Select Create Your First Search Campaign.

Lazada Paid Search - Complete Guide

To set up your first Sponsored Search campaign, enter a campaign name. You also need to indicate a daily budget as well as a start and end date. To continue, click Select Products. You can select up to five products that you want to promote and then click Confirm.

Here are some suggestions with regards to choosing products:

  •  New arrivals
  • Trending products
  • SKUs that are high in stock

Lazada Paid Search - Complete Guide

The next thing is adding keywords for the campaign. We advise you to conduct keyword research first prior to adding keywords. Check out our article on keyword research best practices to learn how to do this most effectively.

On top of that, it would also be a good idea to consider these criteria for keyword selection:

Bid price

Seeing as you will be required to enter your bid price upon creating your Sponsored Search campaign, it is important to include this in your keyword research. You need to ensure that the CPC is low enough to make it a reasonable marketing cost.

High-keyword relevancy

Highly relevant keywords win you more auctions in your campaign. This basically means that your product is relevant to the search term the customer is searching for.

High search volume

A larger search volume will result in increased sponsored product impressions.

Doing thorough keyword research will also help you in the next step which is to add a bid price. Take note that Lazada will have recommended bid prices at your disposal but you can also customize the price to your liking.

Adding More Keywords To The Same Product

Click on + More Keywords. Type a keyword you have in mind. Select the keyword you want to bid on. Review/edit the bid price. Click Submit to apply the changes.

Adding More Keywords To Other Products

To add keywords to other products, simply click on the product image that you want to add keywords on. Apply the process of adding keywords and bid prices as discussed in the previous paragraphs.

Changing Bid Prices In Bulk

Click on Bulk CPC Bid Setting to change your bid prices in a bulk. Select a bid setting method. There are three methods you can choose from namely:

  1.  Increase/Decrease Bid By Fixed Amount
  2. Increase/Decrease Bid By Percentage
  3. Setting A Flat Bid Price

Click Submit.

How To Purchase A Sponsored Search Service

Lazada Paid Search - Complete Guide

Your Sponsored Search service comes with a credit wallet which you need to top up. Ensure that your credit wallet always has sufficient funds so that your campaigns will run uninterrupted. 

You can go to the Sponsored Search overview page to manually top up your account. After doing so, the top-up will reflect in your balance within 30 minutes. Take note that the service credit is non-refundable. 

It is important to know that the Sponsored Search service is not yet live and for the upcoming release, the only top-up option available at the top through your online store’s earnings. It is planned to go live in all Lazada ventures by the end of May.

There is a quick top-up amount selection which lets you select the given smaller amounts for your service credit. You can also type the amount that you want to top up if you prefer to add higher credits to your wallet. Click Top Up. Take note that during your first top-up, you need to agree and acknowledge that the top-up is non-refundable. 

If you want to view all your top-up transactions, simply click Top Up History. This lets you view your top-up transactions in the last 90 days. 

Manage And Review Your Lazada Paid Search

The Sponsored Search overview page shows you how all of your products under Sponsored Search are performing. It also lets you perform the following actions:

  • Choose a date range for which campaign overview you want to look at
  • Evaluate each campaign performance based on your business objectives
  • Modify the campaign budget
  • Change the end date of the campaign if necessary
  • Click the name of a specific campaign to get a performance overview
  • Evaluate your specific sponsored products 
  • See how keywords of particular sponsored products are performing
  • Modify the bid price for keywords
  • Evaluate the performance of keyword 
  • Add or delete keywords

We suggest that you run your campaign for at least two weeks prior to analyzing your data. 

Managing And Troubleshooting Campaign Statuses

The campaign status lets you know if your Lazada Paid Search campaign is running normally or if there is an issue that needs to be dealt with. 

Hover your mouse pointer over the status icon to see what could be done to make your campaign active. 

 

Campaign Troubleshoot Solutions

Status 

What It Means

What To Do

Campaign State You paused it Activate the campaign
Budget Campaign service is limited due to budget constraints Increase the campaign budget
Account Balance Campaign service is limited due to insufficient balance Top up your credit wallet
Schedule Could be one of two reasons: (1) the campaign is scheduled at a future data (2) the end date for the campaign has passed Change your campaign start or end date
Sponsored Product State Sponsored product is not active Activate your sponsored product

 

Managing And Troubleshooting Campaign Statuses

You can also check into specific sponsored products to see if they are in need of troubleshooting. Refer to the table below for recommendations. 

Sponsored Product Troubleshoot Solutions

Status 

What It Means

What To Do

Campaign State You paused it Activate the campaign
Budget Campaign service is limited due to budget constraints Increase the campaign budget
Account Balance Campaign service is limited due to insufficient balance Top up your credit wallet
Schedule Could be one of two reasons: (1) the campaign is scheduled at a future data (2) the end date for the campaign has passed Change your campaign start or end date
Sponsored Product State Sponsored product is not active Activate your sponsored product
Quantity The sponsored product is sold out Increase your inventory
Eligibility The product is inactive and eligible because it violates the Lazada Sponsored Search Services Policy Review the policy statement and learn which products are eligible
Policy The issue is no longer about eligibility but the product still somehow violates the policy Review the policy statement

 

Frequently Asked Questions (FAQs) About Lazada Paid Search

Lazada Paid Search - Complete Guide

Who can use sponsored search?

All Lazada sellers regardless of where their location is will gain access to Lazada Sponsored Search once it goes live.

Why should I use Sponsored Search?

It is a great opportunity to increase traffic and immediately drive your products to the top of your product search results.

What if I have a limited budget?

Lazada Sponsored Search caters to sellers with different budget capabilities.

What products are eligible for Lazada Sponsored Search?

Adult products, used products, refurbished items, and products under prohibited categories are currently unsupported by Lazada Sponsored Search.

What is the maximum number of keywords that I can bid for one specific product?

You can bid up to 100 keywords for each product

What happens when someone clicks on my product?

The customer will be taken to the product detail page

Where will my campaign appear?

Your Sponsored Search campaign will appear on top or within product search results. 

How much does this campaign cost?

Lazada Paid Search uses a CPC, auction-based pricing model. You’ll get to decide the maximum amount you are willing to pay for each click. Setting a more competitive bid price results in a higher chance of your product being displayed. Take note that you actually pay lower than your maximum bid price. 

How many products can I include in a single campaign

You can select up to five products to sponsor. Once the campaign is live, you can still add a maximum of 50 products for that campaign. 

What if my product gets multiple clicks from the same customer?

Lazada tracks down accidental, illegitimate, and machine-generated clicks. You will not be charged for these clicks. 

The launching of Lazada Paid Search will surely add to the online sellers’ toolkit for increased visibility and sales potential. We’ll fill you in with updates regarding this campaign tool in the future. Right now, we’d love to hear your thoughts about Lazada paid search. 

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