Google Empowers Retailers with Real-Time Shopping Trends in Merchant Center

August 27, 2024 at 5:34:44 PM

TL;DR Google has introduced new features to help retailers during the holiday shopping season. Merchant Center will show global shopping trends to aid inventory decisions. Merchant Center Next adds AI insights for performance summaries and custom reports. Local inventory ads will sync automatically from websites. Google Ads offers tools for new customer acquisition, profit optimization, and brand exclusions. These updates help retailers stay agile and data-driven.

Google Empowers Retailers with Real-Time Shopping Trends in Merchant Center

As the holiday shopping season approaches with a compressed timeline between Thanksgiving and New Year's, Google has announced several new features and updates to assist retailers in maximizing their success during this crucial period.

1. Shopping Trends Insights

Merchant Center will soon allow users globally to explore shopping trends, showing popular queries ranked by topic and product. This helps retailers make informed inventory decisions and optimize product descriptions. For example, a denim retailer can adjust their strategy based on trending terms like "denim bermuda shorts" and "long denim jorts."

Google Merchant Center Shopping Trends Insights

2. Enhanced Insights with AI

Google is adding two new generative AI insights features to Merchant Center Next:

  1. Generative AI-Powered Insight Summaries: These summaries at the top of the analytics tab will provide quick updates on product performance and actionable insights.
  2. Custom Reports: AI will generate custom reports based on user requests, simplifying the process of data analysis.

Google Merchant Center Enhanced Insights with AI

3. Automated In-Store Availability Sync

Google is introducing capabilities to streamline the management of local inventory ads. An automated onboarding process will sync in-store availability from a retailer's website to their Merchant Center account, reducing manual work and providing up-to-date information for customers.

4. New Goals in Google Ads

Google Ads has new and expanded solutions to help advertisers attract new audiences and build seasonal creative faster:

  • New Customer Acquisition Goals: Available in Performance Max and Search campaigns to prioritize acquiring new customers.
  • Profit Goals: In beta, these allow optimization of ads based on profit with cart-level conversions and cost of goods sold.
  • Brand Exclusions: Enhanced to allow customization at the format level for greater precision in branded queries.

These updates are designed to help retailers stay agile and make data-driven decisions during the compressed holiday shopping season. By leveraging these new tools, retailers can better understand shopping trends, optimize their product listings, and tailor their advertising strategies to meet the unique challenges of this year's holiday rush.

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