stop targeting everyone: they don't want your ads and won't drive leads or conversions by...
TRANSCRIPT
#SocialPro #22B @marcusaagency
June 21,2016
Stop Targeting Everyone: They Don’t Want Your Ads and Won’t Drive Leads or
Conversions
#SocialPro #22B @marcusaagency
Resume: § 6+ Years in digital advertising § Digitas, MEC § Clients: Payless, Rite Aid, AT&T
Fun Fact: Disney addict
WHO AM I?
Jennie Choi Marc USA|Results: Digital
Paid Social Manager
#SocialPro #22B @marcusaagency
1. Local awareness ads
2. Align targeting and creative with TV spots
3. CRM targeting
WHAT WILL I COVER?
§ Drive online leads
§ Drive conversions in-store & online
3 ways to Improve your Targeting & Results
#SocialPro #22B @marcusaagency
§ “It takes two to speak the truth: one to speak, and another to hear.”- Henry David Thoreau
§ Social is the future, especially now that you need to pay to play. Everyone is on social media, if you don’t spend wisely, you’ll run out of money! SO – only speak to those who want to hear.
OVERVIEW
#SocialPro #22B @marcusaagency
1. LOCAL AWARENESS ADS
• Apparel retailer wanted to push coupon redemptions
Situation
• Targeting users with local awareness ads and radius geo-targeting will reach people actively in the perfect location, creating more urgency and coupon redemptions
Hypothesis
• Drove digital media on other channels (display and remarketing) along with Facebook local awareness ads
Approach
• "After we ran the local awareness campaign, we saw a lot more first-timers coming into our Las Colinas location. We still have our regulars, but they're interspersed with an entirely new crowd now.” – Chris Dahlander, CEO Snappy Salads
Industry Comments
#SocialPro #22B @marcusaagency
§ Reached the right people, at the right time based on recent locations when enabled for Facebook § Local awareness ads used radius
and demographic targeting
1. LOCAL AWARENESS ADS § Facebook local awareness ads
drove more efficient coupon redemptions compared to other online, national tactics
#SocialPro #22B @marcusaagency
1. LOCAL AWARENESS ADS
• Any brand with in-store locations trying to drive offer redemptions Who should use this tactic?
• If you want to target people near your store locations Why should you use this?
• Store locations, an enticing offer, and creative that speaks directly to these users
What do you need to achieve this?
#SocialPro #22B @marcusaagency
2. ALIGN TARGETING & CREATIVE WITH TV SPOTS
• National chain of convenience stores wants to increase awareness and leads for new loyalty program
Situation
• Aligning targeting, creative messaging, video asset, and timing with TV spots will lead to better engagement and more leads since users are primed from the TV spot
Hypothesis
• Pushed message through multiple screens using messaging that spoke directly to users
Approach
• After seeing an ad on TV and Twitter, buyers are… • 6x likely to retweet an ad • 5x more likely to follow the brand on Twitter • 4x more likely to Tweet about the brand • 3x more likely to visit the brand’s website
Industry Trends according to Twitter
#SocialPro #22B @marcusaagency
§ TV Targeting used to reach users exposed to TV spots by targeting programs and networks the spots were aired on
§ To activate the community, the brand reinforced TV messaging on Twitter through native video
§ Ads were both timely (airing during small window before/after programs ran) and engaging (strong CTA), helping to drive success
2. ALIGN TARGETING & CREATIVE WITH TV SPOTS
• Aired during “The Bachelorette” • Total Video Views: 8.4K • Cost-Per-View: $0.24 • Engagement Rate: 9% - this
surpassed the quarterly benchmark by 311%!
#SocialPro #22B @marcusaagency
§ Although video partners drove more clicks and video views, Twitter drove more leads
2. ALIGN TARGETING & CREATIVE WITH TV SPOTS
§ More leads were driven using TV targeting, indicating higher quality traffic driven by aligning creative with timing
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Leads
Twitter Video Partner
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Clicks
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Twitter Video Partner
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Video Views
Video Views
Twitter Video Partner
#SocialPro #22B @marcusaagency
2. ALIGN TARGETING & CREATIVE WITH TV SPOTS
• Any brand trying to increase engagement and awareness of video messaging
Who should use this tactic?
• If you want to reach users on multiple screens, to ensure your video resonates with them
Why should you use this?
• Closely align with your traditional team to provide insight into programming, timing, and messaging
What do you need to achieve this?
#SocialPro #22B @marcusaagency
3a. CRM TARGETING
• Apparel retailer wants to increase conversions both online and offline
Situation
• By targeting ads to an audience created from a CRM list, both online and in-store activity will see a lift
Hypothesis
• Took test markets, identified non-testing markets and compared the two to understand the lift in stores
Approach
• “To exploit the true potential of social media, companies should focus on social CRM and deliver competitive advantages to the customers in terms of offerings and values”- Alok Nayak, Global Digital Strategist
Industry insights on CRM data
#SocialPro #22B @marcusaagency
§ Best performing audiences included current and lapsed customers § Drove the highest lift in
conversions
3a. CRM TARGETING § Greater return in markets with
CRM targeted Facebook ads § Conversions saw positive
impact from overall test
+1.3% Conversions for
Current Customers
+0.9% Conversions for
Lapsed Customers
#SocialPro #22B @marcusaagency
3a. CRM TARGETING
• Any brand with existing CRM data on current and lapsed customers with the goal of driving conversions Who should use this tactic?
• If you want to drive more conversions both online and offline by actively targeting your best users Why should you use this?
• CRM data and creative that speaks directly to these users, including a strong call-to-action
What do you need to achieve this?
#SocialPro #22B @marcusaagency
3b. CRM TARGETING
• New loyalty program released for a national chain of convenience stores, but leads were not being driven. Users were not signing up and instead, relying on the old program
Situation
• CRM data of users who signed up for the previous program but did not transfer to the new program are the most qualified users to target
Hypothesis
• Used Facebook along with other tactics to drive completed leads
Approach
• “CRM Will Be at the Heart of Digital Initiatives for Years to Come” - Joanne Correia, research VP at Gartner
Industry insights on CRM data
#SocialPro #22B @marcusaagency
§ CRM targeting was very successful § Drove 4,600 leads § Cost per Lead below $10
§ Interest targeting was less successful § Less than 100 leads § Much higher CPL of $245
3b. CRM TARGETING
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Volume of Leads
Interest Targeting
CRM Targeting
$0 $50
$100 $150 $200 $250 $300
Cost per Lead
Interest Targeting CRM Targeting
#SocialPro #22B @marcusaagency
§ Interest + CRM targeting on Facebook proved to be more successful at driving leads compared to other tactics when using video link ads
3b. CRM TARGETING
§ Facebook had higher Cost per View than Video Partner but was the more successful tactic at driving leads from video views
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Volume of Leads
Facebook Video Partner
$0.00
$0.01
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Cost per View
Facebook Video Partner
#SocialPro #22B @marcusaagency
3b. CRM TARGETING
• Any brand with existing CRM data that could be leveraged to find the most qualified audience Who should use this tactic?
• If you want to run a highly efficient campaign by actively targeting your best users Why should you use this?
• CRM data and creative that speaks directly to these users
What do you need to achieve this?
#SocialPro #22B @marcusaagency
WHAT YOU SHOULD TAKE AWAY FROM THIS SESSION….
What we covered! • CRM Targeting • Aligning TV and Digital • Reaching the right people, at
the right time
Who does this work for? • Retail • Loyalty Programs • Branding • ANYONE with CRM data
Don’t forget! You know your business the best! These tactics should be a supplement to other channels
These tactics help everyone! Tactics should be used to support other media, like offline media by aligning messaging and targeting the most qualified users
#SocialPro #22B @marcusaagency
THANK YOU!
SEE YOU AT THE NEXT MARKETING LAND EVENT!
Any Questions or Want to Chat?
Jennie Choi [email protected]