High-End Retailers & Brands Increase Traffic & Deliver High Order Values with Promoted Products
LUXURY GOALS • Increase traffic and sales • Grow average order value • Acquire new, high-value customers
SOLUTION • Always-on participation in Shop through Promoted Products • Competitive bid strategies to secure top placement
BLING SINGS IN 2014 • Promoted Products drives a 52% increase in Shopper referrals for Luxury brands • Effective price per click decreases 28% relative to affiliate rate • Luxury brands represent one-third of all sales driven by the Promoted Products program
The average order value for Luxury brands is 47% higher than the site average
$563
BASKET SIZE FOR LUXURY BRANDS & RETAILERS IN PROMOTED PRODUCTS ON POLYVORE OVERALL BASKET SIZE PER SITE
$383 $199 $92
$58
ANALYSIS INCLUDES 10 LUXURY RETAILERS AND BRANDS, MASS AND NICHE, RUNNING IN THE PROMOTED PRODUCTS PROGRAM FROM JANUARY TO APRIL 2014. OVERALL SITE AVERAGE ORDER VALUES FROM RICH RELEVANCE, 2013