The Challenge:
WDS Components encountered several challenges in the highly competitive industrial components market:
Relying Purely on Search Advertising:
The company primarily relied on search advertising, which typically targets high-funnel users. While search advertising can be effective, it tends to be expensive due to the rising cost of Cost-Per-Click (CPC) rates.
Low ROAS and High CPA:
The historical reliance on search advertising resulted in low Return on Ad Spend (ROAS) and high Cost Per Acquisition (CPA), which adversely affected profitability.
Lack of Google Shopping Feed:
WDS Components lacked a Google Shopping feed, a critical component for showcasing their extensive product range efficiently.