This guide will take you through:
As many of you probably already know, Perpetua runs goals instead of campaigns. These goals launch multiple campaigns simultaneously and allow for easy management and tracking.
For Walmart there are only two distinct goal types that can be launched, universal or brand based:
Types of Goals 🎯
Universal
The most basic type of goal you can launch is called a 'Universal' goal. This type of goal works best for brands that don't have much brand presence on Walmart.com or when launching products with very little or no advertising history
Note: a universal goal launches two campaigns, an auto and a manual keyword campaign
Manual Campaign
The manual keyword campaign will target both keywords added by the user and those auto harvested from the auto campaign. These keywords could include category, competitor or branded terms.
The manual keyword campaign will target keywords for each match type (exact, phrase, broad) and bids will be set at the keyword level
Auto Campaign
The auto campaign is a broad campaign where bidding is done at the item level, and it allows you to appear on keywords that you wouldn't be able to bid on manually due to Walmarts 128 organic rank threshold requirements.
Using the advanced settings tool, you are able to tell our ad engine the number of conversion you would like a keyword to reach before it will be automatically harvested into the manual campaign where bids will then be set at the keyword level
Setting Target ACoS & Budgets
Look at the past 30 days ROAS and Budget to set your initial targets
Brand-Based
The other targeting type is a brand-based goal. This type of goal is best used for products that have a some sort of brand recognition and when pulling keyword reports it is evident that customers are often using branded terms when searching for your products.
Note: a brand based goal will launch three campaigns for you, an auto, a non-branded keyword, and a branded keyword campaigns
Unbranded manual campaign
You will be targeting unbranded relevant keywords such as category and competitor terms
Branded manual campaign
You will be adding any branded phrases to this segment of the goal, this will give our ad engine a better idea of what branded terms to harvest in this specific campaign.
Setting Target ACoS & Budgets
Look at the past 30 days ROAS and Budget to set your initial targets
However, it is important to remember that your own brand name should be very cheap to you, that being said, you should be setting a lower budget and target ROAS for this segment compared to your unbranded segment, to avoid overspending or cannibalizing on your own branded terms.
Negative Matching ❌
A differentiator on Walmart from other marketplaces is that Walmart does not currently offer the ability to negative match keywords. Meaning that keywords harvested through the auto campaign that serve no relevance to your product may still be targeted.
However, when using Perpetua, if a keyword has a low conversion rate, our ad engine will automatically begin to lower bids until it reaches a point where your bid is too low to win on that keyword - resulting in no spend on that keyword which essentially has the same effect as negative matching a keyword.
Article last updated September 22, 2021. If you find this information to be out of date, please contact hello@perpetua.io.