business insider digital media strategies
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Full vid hereJulie has a more than a decade of experience running vertical web businesses. Prior to Business Insider, she launched the new NCAA.com web site at CBS College Sports. Previously she ran the magazine-branded web sites at Condé Nast and built the #1 web site for golfers at Time IncTRANSCRIPT
MOBILE:
Embrace It Or Be
Run Over By It
March 5, 2014
Mobile Is Eating
The Internet
2
3 Source: Business Insider Intelligence
~60% Of Connected Devices Are Smartphones Or Tablets
Global Internet Device Installed Base
Computers
Smartphones
Tablets
Smart TVs
Wearables
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013E
Nu
mb
er
Of D
evic
es In
Use
(I1
00
0s)
4 Source: StatCounter, September 2013
20% Of Total Internet Traffic Is From Mobile Devices
Global Internet Traffic (Desktop Vs. Mobile)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Desktop Mobile
5 Source: Gartner
Feature Phones Have Given Way To Smartphones
Global Mobile Phone Sales
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
1Q08 4Q08 3Q09 2Q10 1Q11 4Q11 3Q12 2Q13
(10
00
s)
Smartphone Shipments Feature Phones
Especially In Developed Markets Like The U.S.
6 Source: comScore
18%
62%
0%
10%
20%
30%
40%
50%
60%
70%
Jan 10 Jul 10 Jan 11 Jul 11 Jan 12 Jul 12 Jan 13 Jul 13
(as
a p
erc
en
tag
e o
f th
e m
ob
ile
po
pu
lati
on
)
U.S. Smartphone Penetration
7 Source: Gartner, IDC, Strategy Analytics, Company Filings
Tablets Continue To Cannibalize PCs
Global Internet Connected Device Shipments
PCs
Tablets
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
1Q08 4Q08 3Q09 2Q10 1Q11 4Q11 3Q12 2Q13
(th
ou
sa
nd
s)
Android 45.8%
Android 61.9%
iOS 52.8%
iOS 36.0%
Microsoft, 1.0% Microsoft, 2.1%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012 2013Source: Gartner, March 2014
Global Tablet End User Sales (Market Share)
And Android Continues To Gain Share
8
So how are people using their
devices?
9
10 Source: Source: Experian Marketing Services, May 2013
Smartphones Are More Useful Than Swiss Army Knives
Other 8%
Visit Websites 14%
Games 8%
Social Networking
15% Talk 26%
Text 20%
Email 9%
Average Smartphone Owner’s Daily Time Allocation
11 Source: Cisco, 2013
They Watch TONS Of Video On Mobile
Projected Global Mobile Video Traffic
0
1
2
3
4
5
6
7
8
2011 2012 2013 2014 2015 2016 2017
Mil
lio
ns o
f Tera
byte
s P
er
Mo
nth
12 Source: Google, August 2012
They Spend ½ Hour On Tablet Each Time They Pick It Up
Average Minutes Spent Per Interaction By Device
43
39
30
17
0
5
10
15
20
25
30
35
40
45
50
TV PC/Laptop Tablet Smartphone
Min
ute
s
62%
39%
67%
46%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Multiple Times A Week Daily
% O
f R
es
po
nd
en
ts
2Q 2012 1Q 2013
13 Source: Nielsen, BI Intelligence
They Use A Smartphone While Watching TV
More Than Half Combine Smartphone + TV Routinely
60%
44% 42%
25% 23%
15%
9%
0%
10%
20%
30%
40%
50%
60%
70%
Emailing Internet Browsing Social Media Playing a Game Searching Work Documents Watching Video
14 Source: Google, August 2012 (Concurrent multiscreen use is using two devices simultaneously to complete an activity)
They Email, Browse, And Share While Watching
Top Activities During Simultaneous Screen Usage
This screen fragmentation is
creating big challenges and
opportunities.
15
16
Specifically:
Where’s the money
in all of this?
17
The money goes where
the eyeballs go…
eventually.
45%
25%
17%
4%
9%
7%
44%
26%
16%
6%
8% 8%
43%
26%
15%
9%
7% 7%
42%
26%
14%
12%
6% 5%
38%
20%
12%
20%
4% 5%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
TV Online Radio Mobile Print Other
2009 2010 2011 2012 2013
18 Source: eMarketer (August, 2013)
Mobile’s Share Of The Media Pie Continues To Grow
U.S. Consumer Media Consumption Share
19 Source: IAB 2013
More Attention = More Money
U.S. Digital Ad Revenue By Format
48% 43%
21%
19%
7% 15%
7% 6%
6% 7%
5% 4% 2% 2% 3% 3%
0.50% 0.40%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
H1 2012 H2 2013
% O
f T
ota
l D
igit
al
Ad
Rev
en
ue
Rich Media
Sponsorship
Lead Generation
Digital Video
Classifieds
Mobile
Display/ Banner
Search
6%
42%
26%
14%
12%
23%
43%
22%
10%
3%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
Print TV Web Radio Mobile
Time Spent Ad Spend
20 Source: Mary Meeker, IAB, eMarketer
The Gap Between Mobile Spend And Time Spent Is Huge
2012 U.S. Ad Spending Vs. Consumer Time Spent By Media
$3.50
$0.75
Desktop Internet Mobile Internet
21 Source: comScore, Vivaki, Mobclix Exchange
And While Mobile CPMs Are Vastly Lower Than Desktop
Effective CPM, Desktop Vs. Mobile
22 Source: Ad platforms, BII Research, Greg Sterling, Opus Research
Certain Formats Are Improving
CPMs For Selected Mobile Ad Platforms
$10.00
$5.00
$5.00
$3.50
$- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00
Flurry video ads
Adsmobi video ads
LSN Mobile local ads
xAd local
0.07%
2.43%
1.21%
0.08%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
No Placement Targeting Mobile News Feed Only Desktop News Feed Only Desktop News Feed + RightHand Side Panel
Source: TBG Digital, Q3 2012
Facebook Ad Performance By Click-Through Rate
Native Advertising Is The Essential Social/Mobile Format
23
What does the environment
look like for premium
publishers?
24
Source: comScore Media Metrix (December 2013)
Device Traffic Breakout Among Business And Tech Sites
Unique Visitors By Device – Multi Platform (December, US)
0
5000
10000
15000
20000
25000
30000
Mobile Desktop
25
Business Insider Is Leading The Mobile Charge
% Of Uniques From Mobile (US)
Source: comScore Media Metrix (December 2013) 26
WSJ, Bloomberg, Forbes,
Economist, CNNMoney
0%
10%
20%
30%
40%
50%
60%
Business Insider Business Category Average Tech Category Average
Mashable, The Verge,
Wired, Gizmodo,
Engadget, TechCrunch
For Most, Mobile Growth Has Been Anemic
Uniques From Mobile (US)
Source: comScore Media Metrix (December 2013) 27
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13
Business Insider Business Category Average Tech Category Average
Mashable, The Verge, Wired,
Gizmodo, Engadget, TechCrunch
WSJ, Bloomberg, Forbes,
Economist, CNNMoney
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Tablet
Mobile
Desktop
Phone: 39%
For Business Insider, The Growth Has Been Explosive
Source: Google Analytics (January, 2014)
MOBILE + TABLET
50%
118% YoY Tablet Growth
(Uniques)
Of All Uniques
240% YoY Mobile Growth
(Uniques)
Desktop: 50%
Tablet: 11%
Nov 2009 January 2014
Business Insider Global Uniques By Device
28
Mobile’s Share Of Total Visits Continues To Climb
Source: Google Analytics (January, 2014)
0%
10%
20%
30%
40%
50%
60%
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
20,000,000
iPhone iPad Android Blackberry Windows Share Of Total Visits
Share Of Total Visits Visits Visits By Device Vs. Share Of Total Visits
29
30 Source: Google Analytics, Business Insider
Mobile Makes Weekends Media Time
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
11/1/13 11/8/13 11/15/13 11/22/13 11/29/13 12/6/13 12/13/13 12/20/13 12/27/13 1/3/14 1/10/14 1/17/14 1/24/14 1/31/14
Desktop Visits Mobile Visits
Source: Google Analytics (January 2013)
Same For Off-Hours As Readers Juggle Their Devices
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
4:00AM
5:00AM
6:00AM
7:00AM
8:00AM
9:00AM
10:00AM
11:00AM
12:00PM
1:00PM
2:00PM
3:00PM
4:00PM
5:00PM
6:00PM
7:00PM
8:00PM
9:00PM
10:00PM
11:00PM
Visits From Smartphone Visits From Desktop
Average Visits Per Hour
31
Source: Google Analytics (January 2014)
Evening Is Tablet Time
Visits From Tablet Devices By Hour Of Day
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
12:00AM
1:00AM
2:00AM
3:00AM
4:00AM
5:00AM
6:00AM
7:00AM
8:00AM
9:00AM
10:00AM
11:00AM
12:00PM
1:00PM
2:00PM
3:00PM
4:00PM
5:00PM
6:00PM
7:00PM
8:00PM
9:00PM
10:00PM
11:00PM
Visits From Tablet
32
0
0.5
1
1.5
2
2.5
3
3.5
4
0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14
Smartphone Visits Mobile PVs / Visit
Mobile Is Transforming User Behavior
Source: Google Analytics
As Mobile Visits Surge, Duration Drops But Frequency Grows
33
How has Business Insider
responded to the trend?
34
Consistent UX Across All Devices, Platforms
App Browser
“Mobile Parity”
35
Should we be
“mobile first?”
or
“mobile only?”
36
NO.
37
Digital is multi-screen.
38
People Like Big Screens
39
We Need Distribution On All Platforms
PersonalComputers
Smartphones
Tablets
0
200,000,000
400,000,000
600,000,000
800,000,000
1,000,000,000
1,200,000,000
1,400,000,000
1,600,000,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013E
Units
Source:Gartner,IDC,StrategyAnaly cs,CompanyFilings,BIIntelligenceEs mates
GlobalInternetConnectedDeviceShipmentsGlobal Connected Device Shipments
40
We should be everywhere.
41
Our Advertising Clients Should Be Too (We’ll Help)
THE PROBLEM:
Creative agencies continue to build in Flash, a format that doesn’t translate to
mobile. Static images typically used to back up Flash are boring.
THE SOLUTION:
Business Insider offers Flash to HTML5 conversion, allowing creative to flourish
on all screens.
42
In-stream “Native” Mobile Placements (Sponsor Content)
43
Sponsor content in-stream on smartphones Major uptick in engagement.
So what’s next?
44
Cross-Device Targeting With Big Data
With device fragmentation (and lack of cookies), it’s difficult to reach the same
readers as they move between devices.
Using our own and third-party data,
we’ll soon be able to do so.
Cross-Device Targeting
Same Reader
45
THANK YOU
46