from mad men to mad science: the next frontier in digital advertising (nanigans at cornell...

46
From Mad Men to Mad Science the next frontier in digital advertising Rishi Dean SVP Product, Nanigans

Upload: nanigans

Post on 09-May-2015

2.625 views

Category:

Business


1 download

DESCRIPTION

Nanigans’ SVP Product Rishi Dean recently presented to a Cornell University marketing class on the next frontier of digital advertising, outlining a business case for students to complete. Nanigans offers a leading Facebook advertising software for large-scale advertisers focused on maximizing ROI.

TRANSCRIPT

Page 1: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

From Mad Men to Mad Science

the next frontier in digital advertising

Rishi DeanSVP Product, Nanigans

Page 2: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

social networking is changing

online advertising

Page 3: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

the evolution of advertising

part 1

Page 4: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

in the beginning…

Page 5: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)
Page 6: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)
Page 7: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)
Page 8: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

… the model was based on

borrowed attention

Page 9: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

enter online: chapter 1

Page 10: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

the first consumer online service

1984

Page 11: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

1994

the first online banner ad

Page 12: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

1995

search engines and portals

Page 13: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

online: chapter 2

Page 14: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

1998

Bill Gross (Overture) pioneers paid search…

Page 15: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

pay per click ads

2000

…and Google perfects itwith the launch of AdWords

Page 16: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

online: chapter 3

Page 17: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

2004

Mark Zuckerberg launches Facebook…

Page 18: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

2011

…and it becomes a mainstream media platform

Page 19: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

800 million active users

$4 billion in ad spend

31% of online display ads

Page 20: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)
Page 21: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

takeaways…

Page 22: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

1.0: pages / CPM

2.0: keywords / CPC

3.0: people / CPA

Page 23: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

new ad opportunities require new tech

part 2

Page 24: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

the new consumer decision journey…

Page 25: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

CONSIDER

THE LOYALTY LOOP

EVALUATE

ENJOYADVOCATE

BOND

BUY[ CDJ introduced by McKinsey ]

Page 26: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

1

2

3

create & deploy ad

user clicks, arrives at destination

user browses, adds to cart

6 measure conversion points to inform better targeting

4 user buys

$1.50$2.20

$1.70 $2.10

real-time bidding

Nanigans’ ad tech (e-commerce example)

5 user shares with friends

Page 27: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

Nanigans optimizes the CDJ(e-commerce example)

Page 28: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

the two types of marketers

part 3

Page 29: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

performance marketers

Page 30: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)
Page 31: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

230 million MAU

40% make purchases

50% operating margin

$15-$20 billion IPO

Page 32: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

what performance marketers

are doing

Page 33: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

measuring and optimizing for post-clickthrough engagement

Page 34: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

views ad

clicks ad

installs app

completes tutorial

makes purchase

invites friends

shares activity

Page 35: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

brandmarketers

Page 36: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

brands

Page 37: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

$124 billion in revenues

95 million wireless subscribers

$2.9 billion annual ad spend

$103 million US display ad spend

Page 38: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

what brand marketers

are doing

Page 39: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

majority: driving Page Likes

Page 40: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

minority: driving to App experiences

Page 41: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

takeaways…

Page 42: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

brands

performance

upper funnel

lower funnel

mass reach

targeted reach

multi-channel

closed loop

Page 43: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

the case

part 4

Page 44: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

how can brands take advantage of the full CDJ,

like performance marketers do?

Page 45: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

Choose one of the following sectors (automotive, CPG, financial services or retail), and place yourself in the shoes of the CMO of a leading company within that sector.

Apply the CDJ framework to consider which touchpoints are best suited for you to develop Apps and/or run marketing campaigns on Facebook.

Focusing on the touchpoints outlined in #1:

Develop a specific example campaign centered on how your brand could leverage these touchpoints on Facebook. As you plan and launch your campaign, identify the critical data points should you be measuring and optimizing for. In an effort to drive a positive ROI campaign, how can your brand leverage the measurement and optimization techniques, such as those Nanigans provides, and that have been embraced by performance marketers?

1

2

3

4

Page 46: From Mad Men to Mad Science: The Next Frontier in Digital Advertising (Nanigans at Cornell University)

Rishi DeanSVP Product, Nanigans

[email protected]