[#ghconf17] how 50 dollars in facebook ads can drive enormous traffic to your best content
TRANSCRIPT
How 50 Dollars in Facebook Ads Can Drive Enormous Traffic to Your Best Content
Larry Kim, Mobile Monkey
MISSION TO MARS:How 50 Dollars in Facebook Ads Can Drive Enormous Traffic To
Your Best Content
@larrykim #GHCONF17@larrykim #GHCONF17
2. STUDIED ELECTRICAL ENGINEERING FOR 5 YEARS
Studied Electrical Engineering For 5 Years
@larrykim #GHCONF17
Things Are Super Competitive Now!
Posts Rarely Get Seen
Path to Purchase is Indirect & takes
time!
How Social Media MarketingDoesn’t (Usually) Work (Any More)
STEP 1 STEP 2 STEP 3
Post Stuff To Social Media
People See Your Posts
People Buy Your Stuff
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How to get way more leads and sales at MUCH less cost? (Ideally 10x Better not just 10% Better!)
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2
3
(a) Paid Social Ads Provide MOST SCALABLE Content Promotion
CREATEProduce content& share on social
AMPLIFYSelectively promote top content on social media
TAGBuild remarketing audience by tagging site visitors with a cookie
START/GO(Earth)
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(b) Social Ads Turn Visitors into Leads & Customers
RemarketingRemarket your audience with display & social ads and Remarketing
Lists for Search Ads to promote offers
FILTERApply behavioral and demographic
filters on audience
CONVERTCapture qualified leads or sale END/REPEAT
(Mars)
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Larry’s #7 Top Social Advertising Hack:
Only Promote Unicorns on Facebook &
Twitter Ads!
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HIGHER POSTENGAGEMENT
Higher Relevance Score
HIGHER RELEVANCE SCORE
More Impression Share and Lower Cost Per
Engagement
“Relevancy Score” in Facebook
=
=
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“Quality Adjusted Bid” in Twitter
HIGHER Relevance, Resonance, Recency =HIGHER Quality Adjusted Bid =
MORE Ad Impressions at Lower Cost
RESONANCE: Are consumers engaging your Tweet? Do they retweet, favorite,
or reply?
RELEVANCE: Is your Tweet related to things a user
is interested in?
RECENCY: Is your Tweet fresh? Fresher Tweets get
higher priority.
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Higher Engagement Rate =(Much) Lower Cost Per Engagement
Engagement RateCost per engagement
$.005 $.02 $.03 $.08
68%
7%
21%
37%
$3.00
1%
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1% Increase inPost Engagement
5% Reduction in Cost Per Engagement!
“Quality Adjusted Bid” in Twitter
=
@larrykim #GHCONF17
High QS (Great!)• High Ad Impression Share• Low Cost Per Engagement
Get a High Quality Score! (Duh) High Post Engagement = High Quality Scores
Low QS (Terrible!)• Low Ad Impression Share• High Cost Per Engagement
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Promote Your BEST Stuff Instead (Unicorns: Your Top 1-2%)
RETWEETS1,488
FAVORITES1,284
6:15AM – 7 Mar 2015
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#CMCa2z @larrykim
Quality Assessment Should Be Based on Data Not Just Biased Views of Your Own Work
Need Objective Way to Discern Unicorns vs. Non-Unicorns!
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Larry’s Organic & Paid Social Network Sharing/Posting Pyramid Scheme
1. Lots of stuff (organically) to Twitter
2. Post Top stuff from Twitter, to LinkedIn & Facebook
3. Pay to Promote the Unicorns on Facebook & Twitter & LinkedIn!
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#CMCa2z @larrykim
Post Engagement Rates for 129 Facebook Status Updates for a Random Customer
Unicorn Social Updates are +10x
More Engaging Than Donkey Posts
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#CMCa2z @larrykim
A Small Number of
Stories (10%) Generate
Most of the Traffic (+60%)
Typical Blog Traffic Distribution
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#CMCa2z @larrykim
The Top 10% of Offers Convert +5x Better Than Donkeys
Search Conversion Rate Distribution
Median: 2.35%
Top 25%: 5.31% and Above
Top 10%: 11.45% and Above
SHA
RE O
F A
LL A
CC
OUN
TS
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#CMCa2z @larrykim
Unicorn Content Power Law: Most of the Value Comes from a Fraction of the Content (duh)
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#CMCa2z @larrykim
Larry’s Law: The Future of SocialMedia Marketing is Increasingly Winner-Take-All. Time to Adjust
Strategy!
Traffic to the Top 10 Posts of the Month at Inc Magazine
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#CMCa2z @larrykim
They Make Arguments in
Favor of Content
Quality over Quantity or
Long Form vs. Short Form
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#CMCa2z @larrykim
Content Quality vs. Quality Debate
It’s a False Choice: You NEED the QUANTITY to *FIND*
the QUALITY
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#CMCa2z @larrykim
Larry’s Social Media Marketing
Truth Bomb:
Unicorn Post Creation is More of a
Numbers Game Than Most
Marketers Want to Admit.
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#CMCa2z @larrykim
WordStream Blog Article Performance for Stories Published in 2016
I Worked Hard on All My Content Last Year But I Only Found 5 Unicorns
Last Year. The Rest Were Donkeys!
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#CMCa2z @larrykim
Larry’s Theory: Success is More About Extracting
Maximum Leverage From The Unicorns You Have
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Larry’s #5 Top Content Promotion Hack:
Sound The Unicorn Alert and Make Unicorn Babies
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Paid Social Media Ads.
Organic Social Media
Marketing
What’s The Biggest Difference??
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Key to Paid Social Media Ads: Be Picky!
Cast a Narrow Net, Maximize Engagement
Rates Within.
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People-Based Marketing is LikeEmail Marketing But Better
Email Marketing
Limit number of blasts to
reduce unsubscribes
.5-2% unsubscribes each blast
People Need to opt into your list
Tons of unqualified emails on the list
People-Based Marketing
Fixed
Fixed
Fixed
Fixed
@larrykim #GHCONF17
Identity Marketing Using Custom Audiences in Social Ads
Identity based marketing opens up a TON of new and exciting advertising use cases!
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Custom Audience Social Ads ROI Analysis:• Live Interviews with Fox, BBC, etc.• 250 High Value Press Pickups + Links• Massive Brand Exposure• +100k Site Visitors• I’m a Columnist on Business Insider• Business Relationship /w Facebook• Facebook Baby Hoodie worth $25 Total Cost: $50Total Time 10 minutes
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@larrykim #GHCONF17
Hacking RankBrain & New Machine Language Enabled Algorithms for
Awesome SEO
Larry’s #2 Social Media Ads Hack: Mars Ascent Vehicle (MAV)
Current & Future Google SEO Ranking Signals
Current Google
1.Links
2.Keywords
3.…?
Future Google
1.User Engagement Metrics (Click Through Rate & Bounce Rates)
2.Links
3.Keywords
@larrykim #GHCONF17
What’s A Good Click Through Rate for Organic Search? (Spoiler Alert: It’s in Flux)
Org
anic
Sea
rch
Clic
k T
hrou
gh R
ate
High CTR Listings Floating To Top Positions
Low CTR Listings Sinking To Bottom of Page
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• More Clicks & Conversions
• Better SEO Rankings
• Even More Clicks &
Conversions!
So… Get Really High Organic CTRs & Conversion Rates!
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Social Media Ads Builds Brand Recognition & Doubles Organic Search CTR & Conversion Rates!
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Use Social Ads + PPC Search Ads on
Google Using Remarketing Lists for Search Ads!
(RLSA!)
Larry’s #1 Social Media Ads Hack: Mars Gravitational Slingshot Home
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Target search adsonly to people who recently visited your site!
REMARKETING LISTS FOR SEARCH ADS (RLSA)
Users visit your site, get addedto your remarketing list
Show them customized adswhen they search on Google!
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The Power of SEARCH Remarketing
Click Through Rates3X1/32X
Cost Per Click
So What’s The Catch??
Conversion Rates!
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The Problem with RLSA
Solution: Use Social Ads to make the smaller circle 10-100x bigger for cheap!
People unfamiliar with your brand
People familiar with your brand
RLSA only targetsthese usersRLSA Doesn’t Target
These Users (By Definition)
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How Advertising REALLY WorksSTEP 1: Promote Inspirational / Memorable Content about Your Brand
to your Target Market
STEP 2: People See The Ad, But Don’t Necessarily Take Action Right Away. (But Become Biased)
STEP 3: Later when the Need Arises, People either:
Do a Branded Search for Your Stuff
Do Un-Branded Search but Biased Towards Clicking &
Buying From You.
@larrykim #GHCONF17
Summary: Larry’s Top 7 Social Ad Hacks
Unicorn Rockets: Only Launch Unicorns into Space w/ Social Ads.
7
Deep Space Radar: Advanced Unicorn Detection
6
Unicorn Alert: Sound the Alarm and Make Unicorn Babies!!
5
Earth Gravity Assist: Custom Audiences.
4
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Summary: Larry’s Top 10 Social Ad Hacks
Lunar Gravity Assist: Hacking Reddit.
3
Mars AscentVehicle: Hacking Rankbrain
2
Mars Gravitational Slingshot Home: Combining Paid Search & Social Ads
1
@larrykim #GHCONF17
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