short changing your success?
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7 Things That Are Short changing Your Online Marketing SuccessTRANSCRIPT
© 2011 MediaMind | A Division of DG | All rights reserved
Common Strategic Slips In Digital Planning
Nick Talbert | Director, Communication Strategy
@nicktalbert | @mediamind
Shortchanging Your Success?
© 2011 MediaMind | A division of DG | All rights reserved
MediaMind Context
I’m still concerned about my account
I’m not convinced
Little better
Ok, that’s big
Ok Ok…I get it, scale isn’t
an issue
Global Offices: 41
Monthly Impressions Served: 60 Billion
Network Bandwidth: 16 Gigs per second
Advertisers: 9000
Server Request per Second: 50 Thousand
Unique Users: 750 Million
Countries Served: 63
© 2011 MediaMind | A division of DG | All rights reserved
DG’s Digital Armada
(+ Eyewonder & Unicast)
© 2011 MediaMind | A division of DG | All rights reserved
Agenda
© 2011 MediaMind | A division of DG | All rights reserved
Disclaimer
The following are all real life examples… but some of the names have been changed
to protect the innocent
REACH AND FREQUENCYFOR DIGITAL?
© 2011 MediaMind | A division of DG | All rights reserved
Campaign Results - CTR
Buzz
Med
ia
CBS Digi
tal M
edia
Publis
her A
Yahoo
MSN h
otm
ail
iVilla
ge
Scripp
s Net
work
Adver
tising
.com
NYTimes
.com
0.00%
0.05%
0.10%
0.15%
0.20%
0.25%
0.30%
MM CTR Benchmark* Campaign CTR
Goal set by the advertiser
* MM US Benchmarks per site, 2010
© 2011 MediaMind | A division of DG | All rights reserved
Buzz
Med
ia
CBS Digi
tal M
edia
Publis
her A
Yahoo
MSN h
otm
ail
iVilla
ge
Scripp
s Net
work
Adver
tising
.com
NYTimes
.com
0%
40%
80%
0
10
20
Frequency ImpressionsUnique Impressions Avg. Frequency
▸ Campaign had a high average frequency at 3.8
▸ Publisher A placements had an average frequency of 22
▸ Relatively low ratio of reach to frequency
R&F Can Create False Results
© 2011 MediaMind | A division of DG | All rights reserved
Optimal Frequency
1 2 3 40%
200%
400%
600%
800%
1000%
1200%ROI by frequency
Scenario ACampaign Goal:
$40 CPA
Avg. Media Cost:
$10 CPM
Scenario B Campaign Goal:
$40 CPA
Avg. Media Cost:
$5 CPM
Scenario C Campaign Goal:
$20 CPA
Avg. Media Cost:
$2 CPM
Optimal Frequency ROI is calculated by looking at the
average conversion rate combined with the CPA goal and average cost of media.
The break even point is at 100% ROI. This is when costs and revenue are
equal.
© 2011 MediaMind | A division of DG | All rights reserved
Correlation To Frequency And CTR
1 2 3 4 5 6 7 8-1,000,000
3,000,000
7,000,000
11,000,000
15,000,000
0.00%
0.02%
0.04%
0.06%
0.08%
0.10%
0.12%
Served ImpressionsCTR
Frequency
▸ After frequency of 5, CTR dropped considerably
▸ Frequency levels over 5 accounted for 39% of impressions, but only accounted for 3.7 % of the clicks
▸ Over 3,000,000 impressions were served to frequency levels above 30
© 2011 MediaMind | A division of DG | All rights reserved
WASTING RE-TARGETINGOPPORTUNITIES?
© 2011 MediaMind | A division of DG | All rights reserved
the worst mistakebusinesses can make in
modernmarketing
to slip off the radar
is allowing customers
© 2011 MediaMind | A division of DG | All rights reserved
Basic Retargeting Yields Basic Results
▸ General retargeting yields slightly above average CTR
General Retargeting Ad
General Retargeting Ad
© 2011 MediaMind | A division of DG | All rights reserved
Smarter Retargeting Yields Record CTR
0.18%
1.5% HUGE CTRINCREASE!
© 2011 MediaMind | A division of DG | All rights reserved
Basic Retargeting Advanced Retargeting
SEGMENTATION ANDYOUR ONLINE CONSUMER
© 2011 MediaMind | A division of DG | All rights reserved
Understanding Available Data for Segmentation
Geography
Retargeting
Demographic
Keyword Or Intent Data
Available Through Ad Server Available From Publisher Or 3rd Party
55+18-24$$ $$$$
© 2011 MediaMind | A division of DG | All rights reserved
Kiel - InnsbruckAachen - MarseilleFrankfurt - Marseille
Geo-Targeting Increased KPIs by up to 69%
▸ Using Smart Versioning, copy/images were dynamically updated, via an IP lookup, to include user’s current location.
▸ Geo-targeted banners promoted driving to their "sister metropolitan" area without having tore-fuel
▸ Dwell time went through the roof jumping 27.4% over benchmarks at a lower production cost
Avg. Dwell Time (sec.)
© 2011 MediaMind | A division of DG | All rights reserved
Avg. Dwell Rate
27.4% 69%
Benchmark* S.V. Benchmark* S.V.
* European Auto Benchmarks Smart Versioning
© 2011 MediaMind | A division of DG | All rights reserved
Segmentation of Digital Audiences
interacted with marketing
media plan
not interacted with marketing
engaged with an ad visited the
websitehas never seen
an offer
not responded to previous
offer
© 2011 MediaMind | A division of DG | All rights reserved
Using Segmentation
Version A
Version B
Version C
Version D
© 2011 MediaMind | A division of DG | All rights reserved
Segment Retargeting
Browsed for Products
Site Visitors
Placed Item/s in Cart
Completed a Purchase
$1 $5
Do Not Retarget
© 2011 MediaMind | A division of DG | All rights reserved
Category Retargeting
Browsed Product
Category A
Site Visitors
Browsed Product
Category B
Browsed Product
Category C
$5 $10 $20
© 2011 MediaMind | A division of DG | All rights reserved
User Retargeting
Browsed Products A,B,C
Site Visitors
Browsed Product B
Browsed Product C
$1 $1 $1
Highest Value Product*
Product B Product C
* MM stores up to last 5 products
© 2011 MediaMind | A division of DG | All rights reserved
CROSS-PROMOTIONAND UP-SELLING?
© 2011 MediaMind | A division of DG | All rights reserved
Group Product Around Consumers
Credit Cards Home Loans Investment Services Checking Account
© 2011 MediaMind | A division of DG | All rights reserved
Synch Multiple Products Across All Channels
Credit Cards Home Loans Investment Services Checking Account
Credit Cards
Home Loans
Invt. Services
CK Accounts
Search
Display
Rich Media
A
B
C
D
Acquisition
Activation
Services
Retention
Products Channels
CreativeA
CreativeB
CreativeC
A / B TESTING?
© 2011 MediaMind | A division of DG | All rights reserved
Good Testing And The Waste Of Time…
▸ Prices in the copy increased CTR by 67% over campaign average
▸ The CTA ‘Shop Now’ was more effective at driving clicks by 61%
▸ The 300x250 was nearly 70% more effective than campaign average
▸ Adding 2 CTAs increased the CTR by 85 %
▸ Messages with1-2 lines per headline, generally did well compared to the campaign average , by nearly 40%
The One Perfect
Ad
© 2011 MediaMind | A division of DG | All rights reserved
Case Study: Optimization
Weeks 1 – 2All Creative Running Week 3 Week 4 Week 5
▸ Tourism Australia utilized six unique banners highlighting different vacation activities:
Week 690% Rotation
10% Rotation
90% Rotation
10% Rotation
90% Rotation
10% Rotation
90% Rotation
10% Rotation
Before Smart Versioning Smart Versioning
0.15%
0.82%
447%IMPROVEMENT IN CTR
© 2011 MediaMind | A division of DG | All rights reserved
© 2011 MediaMind | A division of DG | All rights reserved
Awareness as an
Objectivein Digital?
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Blind Awareness
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Creating A Doomed Funnel?
© 2011 MediaMind | A division of DG | All rights reserved
© 2011 MediaMind | A division of DG | All rights reserved
End
of the F
unnel
The Ideal FunnelNever interacted, new customer
Some interaction, no conversion
Visited website, and interacted with ads
Change of direction
Consumer Purchase Cycle - Automotive
© 2011 MediaMind | A division of DG | All rights reserved
Emphasis Placed On One Or The Other
Awareness
Conversion
© 2011 MediaMind | A division of DG | All rights reserved
The Effects Of Branding On DR
Adding 'Story Telling' Expandable Ads/ Rich Media Emotional Creative 0%
30%
60%
90%
% Increase on DR metrics
▸ In April 2011, IPSOS and Sensory Logic did a study the effects of DR metrics when ‘branding’ style creative objectives/tactics were added to the campaign
▸ Campaigns were from aggregated and then creative was isolated into categories 40 different heavy online advertisers within 10 different verticals
© 2011 MediaMind | A division of DG | All rights reserved
Relating Brand Metrics to Desired Action
▸ Dwell is a brand metric, measuring time spent ‘interacting with ad’
▸ Study shows correlation with campaigns with high dwell (Avg. 43 sec) and the increase in desired consumer actions
▸ Study was a combined effort between MediaMind and Comscore
Brand Related Search Web site visits Total Conversions
300%
67%24%
Percent increase over control group
© 2011 MediaMind | A division of DG | All rights reserved
Control Consumer Creative Experiences Apply ad settings across campaign apply to audience cookies, not
placements
Sequencing Frequency Capping
Geo-Targeting Retargeting
Keyword TargetingDemo Targeting
1 2 3Ad Settings
Ex. Sequencing across publishers
Rich
Ex. Frequency capping across publishers
Rich Standard
© 2011 MediaMind | A division of DG | All rights reserved
Summary
© 2011 MediaMind | A division of DG | All rights reserved
Online Marketing Suite
MediaMind Blocks
MediaMind Workshop
MediaMind Analytics
Channel Connect
Smart Trading Smart Planning Smart Versioning
DeveloperTools
Tracking& Analytics
DemandSide
Platform
AdServing
Planning& Buying
DynamicCreative
Rich Media
Standard Serving
In-stream Video
MediaMind Mobile
© 2011 MediaMind | A division of DG | All rights reserved
For additional questions: @nicktalbert | @mediamind
Thank You