OPTIMIZING AD PERFORMANCE FOR ICP GROUP WITH THE POWER OF DATA

Leading specialty chemicals manufacturer ICP Group wanted to take a more strategic approach to optimize advertising performance for one of their brands, IdeaPaint. The dry-erase paint company needed help boosting sales of their innovative coating systems that turn any smooth surface into an erasable canvas. They turned to Godfrey to help them target audiences, optimize tactics and improve their return on ad spend in the U.S. and the U.K. Adding to the challenge, the COVID-19 pandemic rapidly changed the market landscape, and marketing efforts needed to adapt with it.

Data is critical to optimizing any advertising campaign. So, to begin, our team spent the first month monitoring IdeaPaint’s existing campaign and evaluating performance. After careful analysis, we found several areas of opportunity to optimize the buyer’s journey from end to end.

First-visit purchases were small, so to improve our prospecting outcomes, we developed new application-specific ad creative optimized for target audiences using predictive machine learning. Additionally, we stopped using special offers for first-time visitors, reserving special offers to maximize the effectiveness of our retargeting and cart-abandonment ads.

We also reduced wasteful spending in search campaigns by cleaning up keywords and pausing pay-per-click efforts for low-margin products. And by integrating assisted conversions and adding Google shopping to the campaign, we optimized returns.