finding ways to activate search & social synergy
TRANSCRIPT
searchmarketingexpo.com@KMWRATHER
#SMX #31C
FINDING WAYS TO
ACTIVATE
SEARCH & SOCIAL SYNERGY
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#SMX #31C
Source: Econsultancy, “Cross-Channel Marketing Report 2014,” August 2014
62% of global marketers agreed that messaging, execution, and delivery strategies aren’t actually aligned across touch points.
Source: Experian Marketing Services, March 2014
Top Challenges
1.Current Technology
2.Org Structure
3.Budget
searchmarketingexpo.com@KMWRATHER
#SMX #31C
CROSS CHANNEL IS NOT…
SEARCH SOCIAL
Having two channels
operating in silos Or forcing strategies to fit
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CROSS-CHANNEL STRATEGY IS…
Leveraging success
across channelsReaching targeted audiences
Optimizing for true
value of all interactionsGaining a holistic view
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3 Reasons Why Search & Social Should Be
The Next Channels You Integrate
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1. TOP ONLINE ACTIVITIES
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A REAL CONSUMER PATH
Source: Kenshoo retail client, June 2013
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2. CONSUMER TRUST
Source: eMarketer, November 2013
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Source: eMarketer, December 2013
3. MORE THAN HALF OF DIGITAL AD BUDGETS
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Source: Kenshoo Search and Social Snapshot, Q4 2014
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Search and Social: Like PB & J
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DRIVING BOTTOM LINE RESULTS
Source: Kenshoo, November 2013
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THERE’S A FLOOR AND A CEILING
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IMPACT THROUGHOUT PATH-TO-PURCHASE
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GIVE CREDIT WHERE IT’S DUE
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Search and Social Activation
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Target people, not just keywords or interests
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HOW MUCH IS AN INDIVIDUAL CUSTOMER WORTH IN RETAIL?
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IT’S ALL ABOUT SIGNALS
Harness data signals to inform and optimize each other
Collection
Analysis
Activation
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#SMX #31C 21
SIGNALS ACT AS PROXY FOR CONSUMER VALUE
Search ad click for “tennis racket”
View several product pages
Exit site
Visit Facebook
Visit Shopping Cart
PLA Click
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#SMX #31C 22
MAKE DATA-DRIVEN DECISIONS
Exit siteConv Rate: 3.7%
Bid: $2.76
Avg Order Value: $55
Search ad click for “tennis racket”
Conv Rate: 1.3%
Bid: $1.34
Avg Order Value: $23
Visit Facebook
Visit Shopping CartView several product pages
PLA Click
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HOW MUCH IS AN INDIVIDUAL CUSTOMER WORTH?
$1.75 CPM
Visit Facebook
Visit Shopping Cart
PLA Click
Conv Rate: 3.7%
Bid: $2.76
Avg Order Value: $55
Exit site
Search ad click for “tennis racket”
Conv Rate: 1.3%
Bid: $1.34
Avg Order Value: $23
View several product pages
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#SMX #31C 24
WHICH AD SHOULD YOU SHOW?
Visit Facebook
Visit Shopping Cart
PLA Click
Conv Rate: 3.7%
Bid: $2.76
Avg Order Value: $55
Exit site
Search ad click for “tennis racket”
Conv Rate: 1.3%
Bid: $1.34
Avg Order Value: $23
View several product pages
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#SMX #31C
Building Audiences From
Search Intent
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AUDIENCES BUILT BASED ON SEARCH INTENT
Sneakers
Heels
Boots
Custom Audiences
Demographics
Interests
Behaviors
Retargeting segments Refine
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AUDIENCES EXPANDED VIA LOOKALIKES
Lookalike Audiences
Sneakers Lookalikes
Demographics
Interests
Behaviors
Sneakers Custom Audience
(people searching for sneakers)
New Segment Refine
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Total Addressable
Audience on Facebook
Facebook Native
Targeting
What people did on Facebook
Online Behavioral
Targeting
What people did on other sites and apps
WCA
FBX
What people did on your site and apps
IDA What people did on search engines
HONING IN ON KEY AUDIENCES
Intent Signal = Highest
Intent Signal = High
Intent Signal = Medium
Intent Signal = Lowest
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• Rally internal stakeholders• Create a measurement framework for both
search and social• Figure out how to solve pain points using cross-
channel initiatives• ABT: Always Be Testing
• Show how the industry (& competitors) are
advancing
What Next? Develop a Plan.
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#SMX #31C