Case Study · eCommerce & DTC

Dawson Watches

Scaling eCommerce sales across Australia & New Zealand with an intent-based Shopping architecture, turning a controlled budget into meaningful revenue.

Google ShoppingWaterfall ShoppingPMaxMeta AdsProduct SegmentationNegative Keyword ArchitectureAustralia & New ZealandJul 2025 - Feb 2026
The Results

507 purchases from a controlled budget

507
Purchases
NZ$98K
Revenue
NZ$27K
Total ad spend
~3.6x
ROAS
NZ$27
Best cost per purchase
270
Google purchases
237
Meta purchases
NZ$16
Best Meta CPP

The campaign generated 507 purchases and roughly NZ$98K in revenue from NZ$27K in total ad spend, combining Google and Meta acquisition.

The Challenge

How do you scale a catalogue without letting Google spend on the wrong searches?

Dawson Watches operates in a competitive eCommerce space where product categories generate a wide range of search intent. A search for “sauna” carries completely different commercial intent from “Osaki massage chair”, and an even stronger buying signal comes from “buy Osaki massage chair.”

Treating all of these equally creates a problem: broad searches generate cheap traffic, while specific product searches carry much stronger purchase intent. The strategy needed to control where Shopping traffic was captured, how aggressively each query type was bid, and which searches were allowed further down the funnel.

The Strategy

Waterfall Shopping

A three-layer Shopping structure: let cheaper, broader traffic enter at the top, while reserving aggressive bids for searches that show stronger buying intent.
▲ HIGH Priority
Lowest bids · base $0.05
Broad / generic intent
saunamassage chairgazebo

Catches broad demand at a low CPC. Aggressive negatives push stronger-intent queries down to the right tier.

↓
▶ MEDIUM Priority
Moderate bids · $0.25–$0.30
Brand / category intent
OsakiInfinityAurum

Captures brand-aware searches showing greater product awareness than generic queries.

↓
▼ LOW Priority
Highest bids · $1–$2
High purchase intent
buy Aurum saunabuy Osaki massage chair

The strongest buying signals get the highest bids, reserved for queries most likely to convert.

Why It Worked

A controlled flow of intent, not a flat bid

Instead of letting Google treat every query equally, the account routed generic searches to low bids, brand/category searches to moderate bids, and specific buying searches to high bids.
The objective: capture more relevant traffic, protect budget higher in the funnel, and prioritize the high-intent searches most likely to convert.
Product Price Segmentation

Bid according to product value

Beyond intent, products were segmented by price using Simprosis pricing variables, so bids reflected both search intent and the value of the product being advertised.
0–499500–9991,000–1,9992,000–3,9994,000–5,9996,000–7,9998,000+
Price-Based Bidding

Search intent × product value

Each tier carried its own price-based bid ladder, creating a second layer of control on top of intent.
High Priority
Product PriceBid
0–499$0.02
500–999$0.05
1,000–1,999$0.10
2,000–3,999$0.15
4,000–5,999$0.20
6,000–7,999$0.25
8,000+$0.35
Medium Priority
Product PriceBid
0–499$0.15
500–999$0.25
1,000–1,999$0.50
2,000–3,999$1.00
4,000–5,999$1.50
6,000–7,999$2.00
8,000+$2.50
Low Priority
Product PriceBid
0–499$0.50
500–999$1.00
1,000–1,999$1.50
2,000–3,999$2.00
4,000–5,999$3.00
6,000–7,999$4.00
8,000+$5.00
Negative Keyword Architecture

Controlling query flow

The waterfall depended on disciplined negative-keyword management across three layers.
01
Universal Negative Keywords

Applied across all campaigns to eliminate irrelevant or low-value searches.

↓
02
Medium-Funnel Negatives

Brand terms (Ford, Chrysler, Osaki) pushed out of High Priority toward the right tier.

↓
03
Low-Funnel Negatives

Specific product names and purchase-oriented queries routed to the highest-intent tier, creating the waterfall effect.

Operational Controls

Keeping the waterfall efficient

Device Optimization

Mobile and tablet bids reduced aggressively based on device-performance analysis, preventing weaker devices from consuming disproportionate budget.

Shared Budgets

A shared budget for each tier (High, Medium, Low) managed spend at the waterfall level while keeping campaign structures separate by intent.

Campaign Monitoring

Continuous checks that queries entered the right tier. When impressions were low, bids were raised gradually, roughly 5%/day on High and 20%/day on Medium and Low, to scale without runaway CPCs.

Google + Meta

Two channels, two different jobs

The campaign combined Google and Meta rather than relying on a single acquisition source.
Google
270 purchases

Captured high-intent demand through Shopping and the waterfall structure.

Meta
237 purchases

Contributed additional purchase volume through paid social, with a best cost per purchase of NZ$16.

The Performance

From NZ$27K spend to NZ$98K revenue

NZ$27K
Ad spend
→
507
Purchases
→
NZ$98K
Revenue
→
~3.6x
ROAS

Structured Shopping architecture and cross-platform acquisition turned a controlled budget into meaningful eCommerce revenue at ~3.6x ROAS.

What I Actually Worked On

End to end, across architecture and optimization

Campaign Architecture
  • Waterfall Shopping structure
  • High / Medium / Low campaigns
  • Intent-based segmentation
  • Brand-level structure
  • Shared budgets
Product Feed & Segmentation
  • Product price segmentation
  • Simprosis pricing variables
  • Product-level bid differentiation
  • Price-based bidding
Keyword Control
  • Universal negatives
  • Medium-funnel negatives
  • Low-funnel negatives
  • Search-term monitoring
  • Query routing
Bid Management
  • Intent-based bids
  • Product-value bids
  • Device bid adjustments
  • Incremental increases
  • Budget control
Paid Social & Optimization
  • Meta acquisition
  • Purchase optimization
  • CPP monitoring
  • Device performance
  • Budget allocation
The Core Strategy

Don't bid more on every click. Bid more on the clicks that matter.

The waterfall separated broad demand from brand/category demand from high-intent purchase demand. Price variables then added a second dimension, intent × product value, creating a far more controlled bidding environment than treating the entire catalogue as a single pool.

The Outcome

A system that reads buying intent

507
Purchases
NZ$98K
Revenue
NZ$27K
Ad spend
~3.6x
ROAS
NZ$27
Best CPP
270
Google
237
Meta
NZ$16
Best Meta CPP
The biggest win wasn't simply more purchases. It was building a system that understood the difference between a search for a category, a search for a brand, and a search from someone ready to buy.
Explore the Strategy

The work, broken down

Waterfall Shopping
See how High → Medium → Low worked
Price-Based Bidding
How product value influenced bids
Negative Keyword Architecture
How search terms were routed
Google + Meta
How two channels drove 507 purchases

Want a more efficient eCommerce acquisition system?

With a large product catalogue, the question isn't “how much should I bid?” It's “which searches deserve which bid?” Let's build a smarter Shopping strategy.