Quantifying the Benefits of Syncing Search Engine and Television Ads
Ivan Guitart () and
Guillaume Hervet ()
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Ivan Guitart: EM - EMLyon Business School
Guillaume Hervet: EM - EMLyon Business School
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Abstract:
"We assess the profitability of synchronizing search engine and television ads (i.e., real-time syncing). In collaboration with a company, we ran a field experiment that randomized the presence of brand text and shopping search ads across geographical regions during the execution of a television advertising campaign. The results show that the elasticity of website visits to television advertising is 10.2% higher when text ads are enabled (vs paused). This elasticity is 7.8% higher when both text and shopping ads are enabled (vs paused). Television ads significantly decrease the conversion rate but enabling shopping ads attenuates this decrease by 69.2%. Our results demonstrate that search ads moderate the effects of television advertising, which is a necessary condition for a real-time syncing strategy to increase revenues. A what-if analysis based on the results shows that using a real-time syncing strategy during a 100-GRP campaign increases profits between 1.0% and 4.9%."
Date: 2022-05-25
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Published in European Marketing Academy Annual Conference (EMAC) 51st, May 2022, Budapest, Hungary
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05626265
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