can facebook drive conversions in less than 6 weeks?

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CAN FACEBOOK DRIVE CONVERSIONS IN LESS THAN 6 WEEKS? MEASURING RESULTS FOR A RETAIL ELECTRICITY PROVIDER Brian Bierbaum, Priority Integrated Marketing Tony Napolillo, Green Mountain Energy Company Lauren Albright, Green Mountain Energy Company

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Page 1: Can Facebook Drive Conversions in Less Than 6 Weeks?

CAN FACEBOOK DRIVE CONVERSIONS IN LESS THAN 6 WEEKS?

MEASURING RESULTS FOR A RETAIL ELECTRICITY PROVIDER

Brian Bierbaum, Priority Integrated MarketingTony Napolillo, Green Mountain Energy Company

Lauren Albright, Green Mountain Energy Company

Page 2: Can Facebook Drive Conversions in Less Than 6 Weeks?

THE GOAL

Answer the question:

What conversions can Facebook drive for a

Retail Electricity Provider in less than 6

weeks?2

Page 3: Can Facebook Drive Conversions in Less Than 6 Weeks?

PRIORITY INTEGRATED MARKETING

• Founded in 1983• Staff of 40+ • Work nationwide with more than 300 clients• Integrating traditional and online marketing is our

specialty• Multi-channel content experts • 60 awards in last two years• Print, email, SEO and content marketing leaders

98% customer service approval rating in recent client survey97% of clients would recommend us to a colleague

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Page 4: Can Facebook Drive Conversions in Less Than 6 Weeks?

GREEN MOUNTAIN ENERGY COMPANY

• Mission: Use the power of consumer choice to change the way power is made

• Nation’s leading competitive retail provider of cleaner energy and carbon offset solutions

• Founded in 1997 in Vermont• Provides cleaner energy to residential and commercial

customers in regulated and deregulated territories such as Texas, New York, New Jersey, and Oregon

• Largest market is Texas (deregulated)

First in Texas to sell 100% pollution-free electricity

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Page 5: Can Facebook Drive Conversions in Less Than 6 Weeks?

FACEBOOK PRESENCE

Goals

Primary SecondaryRetention & Customer Care

• Provide a more casual environment for customer interaction

• Engage in the conversations already taking place about Green Mountain

• Add value to customers’ daily lives

• Enable customers/fans to show their support for clean energy

Marketing & Sales• Extension of the Green

Mountain brand and personality

• Improve SEO and Google search rankings

• Reach prospects and encourage friend referrals

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Page 6: Can Facebook Drive Conversions in Less Than 6 Weeks?

CONTENT STRATEGY• Content Topics:

• Eco-tips

• Energy-efficiency tips

• Customer benefits

• Industry news

• Event photos

• Limited company-focused stories• Limit postings to 2-3 times per week to prevent

oversaturation

• Transparency is key• Publicly address any negative sentiments and treat

Facebook as open forum for discussion

• Never delete content unless offensive or spam6

Page 7: Can Facebook Drive Conversions in Less Than 6 Weeks?

Social Media Strategy

Overview of what GM has done to date to give some background on where we started with the test.

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Page 8: Can Facebook Drive Conversions in Less Than 6 Weeks?

FAN GROWTH – SLOW BUT STEADY

• Strategy – let fan base grow organically to ensure positive interactions from “true” fans

• Started with employee fans

• After 6 months of testing, promoted to customers via:

• Welcome kits• Customer newsletters• Links on corporate website

• Tree planting promotion for Earth Month (April ‘10)

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Page 9: Can Facebook Drive Conversions in Less Than 6 Weeks?

THE EXPERIMENT

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Increase the Fan/Like base of the

Green Mountain Energy

Company Page

Drive prospective new customers to

greenmountain.com to learn more and sign up

Page 10: Can Facebook Drive Conversions in Less Than 6 Weeks?

THE EXPERIMENT

Conversion

Facebook Ad

Fans and prospects see offer and viral messaging

Ad drives to Facebook page

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Page 11: Can Facebook Drive Conversions in Less Than 6 Weeks?

INCREASE COMMUNITY SIZE : AD

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Page 12: Can Facebook Drive Conversions in Less Than 6 Weeks?

SCREENSHOT WITH TAB HIGHLIGHTED

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Page 13: Can Facebook Drive Conversions in Less Than 6 Weeks?

INCREASE COMMUNITY SIZE : OFFER

Not a Fan Fan

Date

Tab Views (%)

6/30 0

7/04 67.7

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Page 14: Can Facebook Drive Conversions in Less Than 6 Weeks?

INCREASE COMMUNITY SIZE : VIRAL APP

At various points of the campaign the viral app was receiving upwards of 44% of the page’s visitors.

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Page 15: Can Facebook Drive Conversions in Less Than 6 Weeks?

RESULTS: INCREASE COMMUNITY SIZE

Date Total Fans

On 6/30 1,337

On 7/14 1,650

On 7/28 1,683

On 8/09 1, 713

22% increase resulting in 376 new fans/likes

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Page 16: Can Facebook Drive Conversions in Less Than 6 Weeks?

DRIVE NEW CUSTOMER PROSPECTS TO GREENMOUNTAIN.COM – AD

TARGETING• Targeted users in our major Texas markets (deregulated

territories)• Ages 25+ to reach home owners and apartment dwellers• Left “interests” targeting open

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Page 17: Can Facebook Drive Conversions in Less Than 6 Weeks?

DRIVE NEW CUSTOMER PROSPECTS TO GREENMOUNTAIN.COM

A

Average CTR%0

B

Average CTR%.016

C

Average CTR%.022

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Page 18: Can Facebook Drive Conversions in Less Than 6 Weeks?

DRIVE NEW CUSTOMER PROSPECTS TO

GREENMOUNTAIN.COM

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Page 19: Can Facebook Drive Conversions in Less Than 6 Weeks?

Results: Drive New Customer Prospects to GreenMountain.com

Ad Total Clicks

A 0

B 14

C 679

Total Clicks 693

693 targeted visitors driven to

GreenMountain.com

No known sales were directly attributed to the advertisements based on tracking

codes.

However, it is possible that individuals who viewed the advertisements may have revisited the Green Mountain site

later to sign up, without the direct click-through from Facebook.19

Page 20: Can Facebook Drive Conversions in Less Than 6 Weeks?

Resources

Team and ResourcesTeam 4 people working on average 5

hrs/week

Ad Budget $1,000

Promotion Budget •20% off at Power Perks store (lost revenue share)•$100 gift card offer•$1 per new fan via tree planting

Schedule 6 weeks Jul 1 - Aug 9

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Page 21: Can Facebook Drive Conversions in Less Than 6 Weeks?

LESSON LEARNED – COMMUNITY GROWTH

• Facebook ads can work to help increase fan base/likes

• Keep the call to action simple and easily understood

• Test different offers/incentives for taking action

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Page 22: Can Facebook Drive Conversions in Less Than 6 Weeks?

LESSON LEARNED – AD BEST PRACTICES

Before

Average CTR%0

After

Average CTR%.022

• Be direct and avoid marketing jargon

• Keep the ads fresh

• Rotate your tab landing page

• Avoid using your logo

• Try Facebook Ads for Pages

• Test different bid amounts

• Be true to your brand22

Page 23: Can Facebook Drive Conversions in Less Than 6 Weeks?

LESSON LEARNED – SMALLER COMMITMENTS

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Page 24: Can Facebook Drive Conversions in Less Than 6 Weeks?

MAJOR TAKEAWAY

People are more likely to act when:

-The commitment on their part is small- The call-to-action stays within Facebook

By focusing our efforts on increasing our fan-base rather than immediate sales, we can build

relationships with prospects through multiple touches to eventually convert them to customers.

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Page 25: Can Facebook Drive Conversions in Less Than 6 Weeks?

FOLLOW THE RESULTS

The presentation and highlights of the experiment are available for download on Priority Integrated Marketing’s blog.

priorityresults.com/blog

Brian Bierbaumwww.linkedin.com/in/brianbierbaumTwitter: @[email protected]

Tony [email protected]

Lauren Albright [email protected]

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