- Online search advertising spend increased 23 percent year-over-year (YoY) on Cyber Monday • Online retail revenue driven from search advertising increased 6 percent YoY on Cyber Monday
- Average search advertising cost per click (CPC) increased 13 percent YoY on Cyber Monday
- Online retailers’ return on advertising spend (ROAS) decreased 13 percent YoY on Cyber Monday
- Total sales driven by search advertising for the week leading up to Cyber Monday increased 22 percent YoY
For comparison, Kenshoo’s Black Friday findings showed a 29 percent increase in revenue driven by search advertising on Black Friday and 40 percent revenue increase on Thanksgiving day itself.
“Cyber Monday showed continued year-over-year gains on all key volume metrics but the lifts were not as dramatic as Thanksgiving Day and Black Friday,” said Aaron Goldman, chief marketing officer for Kenshoo. “It appears retailers and shoppers front-loaded their activity to get a jump on the holiday season. Overall efficiency metrics are down slightly year-over-year with increased competition in search advertising auctions inflating cost per click prices for retailers.”
Kenshoo is a digital marketing software company that engineers technology solutions for search marketing, social media and online advertising. Advertisers, agencies and marketing providers use Kenshoo Enterprise, Kenshoo Local and Kenshoo Social to direct more than $15 billion in annual customer sales revenue. The Kenshoo Universal Platform delivers automation, intelligence, integration and scale to make better marketing investments. Kenshoo powers 6 of the top 10 global hotel groups, 7 of the top 10 retailers, 7 of the top 10 telecoms, 9 of the top 10 ad agency networks, and 23 of the Fortune 50 companies. With campaigns running in more than 100 countries, Kenshoo customers include Annalect, Barnes & Noble, CareerBuilder, Expedia, Facebook, Havas Digital, Hitwise, iREP, John Lewis, LendingTree, Sears, Starcom MediaVest Group, Tesco, Travelocity, Walgreens, and Zappos. Kenshoo has ten international offices and is backed by Sequoia Capital and Arts Alliance. Please visit www.Kenshoo.com for more information.
Kenshoo is a trademark of Kenshoo Ltd. Other company and brand names may be trademarks of their respective owners.