New research reveals what feed tactics retailers are using to increase their campaign performance – and where retailers go wrong.
Since the start of the pandemic, supply chain issues have caused panic among retailers. On average, 16% of products are out of stock and cannot be purchased. Industries such as vehicles (57%) and sporting goods (40%) are hit especially hard. There are also large differences in geographic locations, with Latin America experiencing one of the lowest levels of stock availability.
Interestingly, when excluding those out-of-stock items from a Google search campaign, advertisers typically see a 181% ROAS increase.
These statistics come from a new DataFeedWatch report based on insights from 4.5 million products, 15,000 shops and more than 60 countries. Uncovering industry trends, common errors and optimization tactics, the report provides retailers and advertisers with actionable data to evaluate their feeds, channels and strategy.
Data feed errors and common pitfalls
The most common feed issues often included missing or incorrect data and wrongly formatted attributes.
Magento merchants struggle with almost 10% of products affected by feed errors. Merchants using Magento struggle with having almost 10% of their advertised products affected by errors. This number exceeds the industry average of 7%.
BigCommerce and WooCommerce pull in 7.03% and 8.27% of all feed errors, respectively.
Shopify sellers record the best result of data feed health with only 5.47% disapproved listings. Interestingly, DataFeedWatch speculates that the volume of feed errors is likely an indicator of the level of data management complexity within the platform.
Shipping and issues are responsible for 23.49% of all product ad disapprovals. Shipping is the most troublesome aspect of product data setup. The most common errors are too-high values and unspecified attributes like missing shipping country.