how to select social networks for advertising
TRANSCRIPT
Paid Social
NetworkSelectionLukeAlleyVicePresident,DigitalMarketing
A N E W H O P E
#mastersocialads
@lukealley
VicePresidentofDigitalMarketing
Avalaunch Media–FullServiceDigitalMarketingFirm
BachelorsfromBYU-Idaho,MBAfromUniversityofUtah
#mastersocialads
My Life Turned Out Great
@lukealley#mastersocialads
My Life is a party
@lukealley#mastersocialads
My Life is a Quirky TV Show
@lukealley#mastersocialads
We Are All Going to Die
@lukealley#mastersocialads
I’m the best business person on this planet
@lukealley#mastersocialads
Death Star Population1,179,000
2.3 Billion Active Social Media Users (2000xthePopulationoftheDeathStar)
@lukealley
Source:wearesocial.com
#mastersocialads
Social Media Builds the Wrong Habits in Marketers - Mashable
Social Media alters your appetite – ReadersDigest
The very nature of social networks can also lend itself to trolling – lovetoknow.com
The social media pastime does not provide the brain with enough food for development – nperov.com
Social Media can "butcher" real-life conversations" – ReadersDigest
@lukealley#mastersocialads
Secret Plans to save the Galaxy(socialmediagalaxy,thatis)
@lukealley#mastersocialads
Which social network is best?
@lukealley#mastersocialads
Where my social users at?
ActiveUsers(Millions) %ofActiveUsers
FACEBOOK 1,650 54.87%
TWITTER 550 18.29%
LINKEDIN 107 3.56%
INSTAGRAM 400 13.30%
PINTEREST 100 3.33%
SNAPCHAT 200 6.65%
@lukealley
Sources:CNBC, VentureBeat,ExpandedRamblings.com, digiday.com,adweek.com
#mastersocialads
Where my social advertisers at?
ActiveUsers(Millions) %ofActiveUsers Est. YearlyAdRev(Millions)* %ofAdRev
FACEBOOK 1,650 54.87% $27,600 78.85%
TWITTER 550 18.29% $2,868 8.19%
LINKEDIN 107 3.56% $3,715 10.61%
INSTAGRAM 400 13.30% $475 1.36%
PINTEREST 100 3.33% $300 .86%
SNAPCHAT 200 6.65% $348 .99%*Someadrevenuefrom2015andsome from2016
@lukealley
Sources:CNBC, VentureBeat,ExpandedRamblings.com, digiday.com,adweek.com
#mastersocialads
Why facebook though?%ofOnlineAdults
Source:PewResearchCenter
18- 29 30- 49 50 - 64 65+
FACEBOOK 88% 84% 72% 62%
TWITTER 36% 23% 21% 10%
LINKEDIN 34% 33% 24% 20%
INSTAGRAM 59% 33% 18% 8%
PINTEREST 36% 34% 28% 16%
@lukealley#mastersocialads
Why facebook though?%ofOnlineAdults
Source:PewResearchCenter
College >$30k/year $30 - $49k $50– 75k $75k+
FACEBOOK 79% 84% 80% 75% 77%
TWITTER 29% 23% 18% 28% 30%
LINKEDIN 50% 21% 13% 32% 45%
INSTAGRAM 33% 38% 32% 32% 31%
PINTEREST 34% 30% 32% 31% 35%
@lukealley#mastersocialads
Frequency of Site Usage
Source:PewResearchCenter
Three-quartersofFacebookusersandhalfofInstagramusersuseeachsitedaily
76
51
42
25
18
15
26
24
31
31
7
22
33
43
51
Daily Weekly LessOften
@lukealley#mastersocialads
@lukealley
Planning Your Paid Social Ad Strategy
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@lukealley
#1 Identify the Goals of Your Campaign
#mastersocialads
@lukealley
define your goals: engagement vs roiWhichMetricsDoYouUseMoreOftentoMeasuretheSuccessofSocialMedia?
56%
20.70%
15%
2.30%
2.30%
2.00%
1.70%
ENGAGEMENT
CONVERSION&REVENUE
AMPLIFICATION&BRANDAWARENESS
OTHER
CUSTOMERSERVICE
WEDON'TMEASUREPERFORMANCE
CUSTOMERSATISFACTION
Source:Simpllymeasured.com
(Likes,comments,@mentions,shares,Retweets)
(Webtraffic,goalconversions,revenue)
(Webtraffic,goalconversions,revenue)
(Responsetime,responserate,etc.)
(Sentiment, referrals,etc.)
#mastersocialads
@lukealley
#2 Identify ideal customers
#mastersocialads
@lukealley
Age
Occupation
Income
Interests
Pains
Problems
Obstacles
Habits
Likes
Dislikes
Motivations
Objections
who is your customer?
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@lukealley
#3Inside scoop on competitors
#mastersocialads
@lukealley
social spying on your competitors AudienceSize
NetworkComparison
SocialIcons
FacebookPages
Visit/InteractwithSite
SubscribetoSocialChannels
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@lukealley
#4 network selection
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which platforms do agencies use?
@lukealley
Source:Strata
PlatformsAgenciesareMostLikelytoUse
YouTube
Q12016 Q12015
102030 4050607080 90 100
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instagram vs snapchat growthInstagramandSnapchatAdRevenue
@lukealley
Source:eMarketer
0
1
2
3
4
5
6
7
8
2015 2016 2017 2018
Instagram Snapchat
#mastersocialads
b2c importance of networksHowImportantareSocialMediaNetworks?
@lukealley
57%
21%
6%
6%
5%
4%
7%
23%
40%
16%
26%
31%
13%
16%
6%
13%
22%
26%
28%
21%
25%
18%
9%
3%
4%
13%
23%
24%
16%
27%
30%
18%
18%
3%
4%
29%
16%
27%
31%
29%
67%
79%
YouTube
Google+
Tumblr
Snapchat
Critical- OurTopChannel VeryImportant Important SomewhatImportant NotImportant
Source:SocialMediaTrends2015Research,RivalIQ
#mastersocialads
@lukealley
b2B importance of networksHowImportantareSocialMediaNetworks?
21%
33%
31%
6%
5%
5%
3%
25%
36%
35%
26%
8%
14%
4%
3%
19%
21%
22%
28%
9%
23%
13%
3%
24%
7%
9%
24%
20%
30%
18%
9%
7%
11%
3%
3%
16%
58%
28%
64%
82%
91%
YouTube
Google+
Tumblr
Snapchat
Critical- OurTopChannel VeryImportant Important SomewhatImportant NotImportant
Source:SocialMediaTrends2015Research,RivalIQ
#mastersocialads
@lukealley
#5Attacking the budget
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How to determine budget between networks?
@lukealley
Source:eMarketer
#mastersocialads
1)What’salike/email/leadworthtoyou?
2)DoYourIndustryHomework
3)DetermineTargetNetworks
4)AllocateOffNetworkSplit
5)AdjustBasedonHittingCampaignGoals
Est. YearlyAdRev(Millions)* %ofAdRev
FACEBOOK $27,600 78.85%
TWITTER $2,868 8.19%
LINKEDIN $3,715 10.61%
INSTAGRAM $475 1.36%
PINTEREST $300 .86%
SNAPCHAT $348 .99%
@lukealley
#6 campaign & ad type selection
#mastersocialads
facebook’s most popular campaign types
2.56%
7.69%
10.26%
20.51%
23.08%
33.33%
41.03%
41.03%
53.85%
64.10%
69.23%
71.79%
74.36%
92.31%
HavenotusedFacebookStoreVisits
AppEngagementOfferClaims
LocalAwarenessAppInstalls
EventResponseVideoViews
PagePostEngagementLeadGenerationBrandAwareness
WebsiteConversionsPageLikes
ClickstoWebsite
@lukealley#mastersocialads
facebook’s most popular ad types
5%
20.51%
23%
28%
36%
38.46%
56%
67%
71.79%
74.36%
82.05%
92%
HavenotusedFacebookProductSetDesktopAppCanvasAdsMobileApp
DynamicProductAdsLeadAdsVideoAds
CarouselAdsPhotoAds
MobileNewsFeedNewsFeedAds
@lukealley#mastersocialads
linkedin’s most popular campaign types
@lukealley
34%
18%
47.37%
52.63%
HavenotusedLinkedIn
SponsoredInMail
Sponsoredcontent
TextAds
#mastersocialads
linkedin’s most popular ad types
@lukealley
34%
0%
2.63%
2.63%
5.26%
13%
15.79%
21.05%
61%
HaveNotUsedLinkedIn
Join-GroupAds
PictureYourself
RecommendationAds
JobsYouMayBeInterestedIn
FollowCompanyAds
SpotlightAds
RichMediaAds
TextAds
#mastersocialads
twitter’s most popular campaign types
@lukealley
37%
0.00%
13%
13%
16%
18.00%
24.00%
24.00%
26%
45%
63.00%
HavenotusedTwitterPromotedTrends
PromotedAccountsAppInstallsorRe-Engagements
VideoViewsAwareness
TweetEngagementsFollowers
LeadGenerationWebsiteClicksorConversions
PromotedTweets
#mastersocialads
twitter’s most popular ad types
@lukealley
43%
0.00%
3.00%
8.00%
8.00%
16%
27.00%
35%
46%
HavenotusedTwitter
PlayerCard
GalleryCard
ProductCard
SummaryCard
AppCard
PhotoCard
LeadGenerationCard
WebsiteCard
#mastersocialads
pinterest’s most popular campaign types
75%
11.00%
14%
25.00%
HavenotusedPinterest
Awareness
Engagement
Traffic
@lukealley#mastersocialads
pinterest’s most popular ad types
74%
3.00%
26%
HavenotusedPinterest
VideoPins
Pins
@lukealley#mastersocialads
instagram’s most popular campaign types
@lukealley
26%
13.00%
18.00%
26.00%
53.00%
66%
HavenotusedInstagram
MobileAppInstalls
PhotoPostEngagement
BoostYourPost
WebsiteConversion
ClickstoWebsite
#mastersocialads
instagram’s most popular ad types
@lukealley
26%
21%
34%
50.00%
68.00%
HavenotusedInstagram
VideoViews
VideoAds
CarouselAds
PhotoAds
#mastersocialads
@lukealley
paid social ad tactics
#mastersocialads
@lukealley
Most Popular Campaign & Ad Types
MostPopularCampaign?Clicks toWebsite (FB,Insta &Twitter)
Likes&FollowersCampaigns?#2forFacebook,#4forTwitter
LeadGenCampaigns&AdTypesPopularonbothFB&Twitter
MostPopularCreative?Photo!
VideoFallsIntotheMIddleThisshould rise
#mastersocialads
@lukealley
Focus on the buyers journeyPicktacticsthatmeetyourobjectives
Buyer’sJourney Objective SocialMediaStrategy SocialActivity SocialKPI’S
AWARENESS Createawareness Exposetargetaudiencetobrandcontent
Posts, promotions(boosts)
Impressions, reach
CONSIDERATION Generatedemand Generateengagementoftargetaudiencewithbrand content
Posts, responses #ofengagements,typesofengagements
DECISION Drive conversion Drivetarget audiencetobrandoffers
Posts, promotions Linkclicks
Source:Simplymeasured
#mastersocialads
@lukealley
Awareness Stage Tactics
CAMPAIGNTYPES• Like• Follower• BrandAwareness• PagePostEngagement• VideoViews
ADTYPES• NewsFeed• PhotoAds/Cards• Carousel• Video
#mastersocialads
@lukealley
Consideration Stage Tactics
CAMPAIGNTYPES• PagePostEngagement• VideoViews• Clicks toWebsite• PromotedTweets• TweetEngagements
ADTYPES• NewsFeed• PhotoAds/Cards• Carousel• Video
#mastersocialads
@lukealley
Decision Stage Tactics
#mastersocialads
CAMPAIGNTYPES• Clicks toWebsite• Website Conversion• LeadGeneration• EventResponse• MobileAppInstalls• Sponsored Content
ADTYPES• NewsFeed• PhotoAds/Cards• Carousel• Video• DynamicProductAds• LeadGenCard
@lukealley
Retargeting!
FACEBOOK/INSTAGRAMCustomAudiences
TWITTERTailoredAudiences
PINTERESTRetargeting!
LINKEDINN/A
“Retargeting converts 11/10 visitors."
Source:Luke..andI’mtotallyjoking.Justcouldn’t findagreatstatonthis
#mastersocialads
@lukealley
In Summary –Hitting Your TargetSTRATEGIZE•IdentifyYour Goals•IdentifyIdealCustomers•DoCompetitive Research•IdentifyBudget•Consider StrengthsofEachNetwork•Consider CampaignsandAds
ForB2C,Facebook&Twitteraremostpopular.
ForB2B,Facebook,Twitter&LinkedInaremostpopular.
Facebookshouldbeapartofyourstrategy.
Choosetacticsbasedonbuyerstage•Awareness•Consideration•Decision
USERETARGETING!
#mastersocialads
Paid Social
NetworkSelectionLukeAlleyVicePresident,DigitalMarketing
A N E W H O P E
#mastersocialads