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Taking A Holistic Approach to Paid Social Presented by: Charlie Lozner, Partner at Backbone Media April 24-25, 2019
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Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

May 27, 2020

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Page 1: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Taking A Holistic Approach to Paid Social

Presented by: Charlie Lozner, Partner at Backbone Media

April 24-25, 2019

Page 2: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

2About Backbone Media

We are a values-led media and public relations agency that specializes in the intersection of paid and earned media.

We amplify active lifestyle brands in order to expand their communities and cultivate lasting connections.

Public RelationsThrough custom experiences, impactful events, showrooms and targeting product seeding, Backbone’s PR team has been building industry-leading brands for 21 years.

PaidMediaBackbone’s expertise in paid media extends across all of today’s platforms. We believe that having a well-balanced media mix allows us to deliver clients’ messages where they are most receptive.

PerformanceDigitalWe are experts at scaling a brand’s message to engage targeted markets and drive conversion. A certified Google and Facebook partner, we build high-performance digital campaigns.

AffiliateMarketingBackbone Media has an in-house affiliate management service to tackle the complex intersection of editorial reviews and affiliate marketing, bridging the gap between paid and earned media.

Page 3: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

3Paid Social Advertising

How do we define paid social?

Users logged into a

personal profile

Ads are aligned with user

interest and experience

Measurement and targeting

in ’people-based’ / ‘user

based’

Page 4: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

But I don’t use Facebook anymore

4Paid Social Overview

Page 5: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

….There’s more

5Paid Social Overview

Page 6: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

6Paid Social Overview

What fits these criteria?

Page 7: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

7

We will jump into some of our stronger performers to get you up to speed

Paid Social Overview

Page 8: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

8

Statista: “Most Famous Social Network Sites Worldwide as of January 2019” 2018

Active monthly users on top social networks (global)

2,271,000,000

1,900,000,000

1,000,000,000

250,000,000

0

500,000,000

1,000,000,000

1,500,000,000

2,000,000,000

2,500,000,000

Facebook YouTube Instagram Pinterest

Paid Social Overview

Page 9: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Why advertise here?

9

75% of all mobile data will be video by 2020

1 in 3 people primarily use smartphones to watch online video

34% of surveyed Facebook users plan on watching more online video on

their smartphone next year

Paid Social Overview

Facebook IQ Source: “The Value of Video” by Nielsen (Facebook-commissioned study of 22,000 people ages 18-64 who watch online videos across AU, BR, CA, FR, DE, ID, IN, MX, TH and US),April 2017. The study included 2,000 respondents per market except for US and CA, where the sample sizes were 3,400 and 2,500, respectively. *versus laptops, desktops, tablets, TV, gaming consoles and VR headsets

Page 10: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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TV viewership is dropping – 31% of A18-49 in the US are light TV viewers

18% of US population has never signed up for cable

Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April 2015; Google/Ipsos YouTube and

TV Attention In Home Natural Experiments, US 2016 (eye-tracking study with 2,953 ads observed, n=86 TV viewers and n=87 YouTube viewers, 18-54 year olds)

Paid Social Overview

Page 11: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Social media platforms pull information on you from every corner of the internet

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Liking, commenting, sharing Information that you provide The products you buy The websites you visit

Paid Social Overview

Page 12: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

… And of course, what you watch

12Paid Social Overview

Page 13: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Platforms are always watching and gathering data on you to serve relevant ads that methodically drive positive interactions and conversion.

13Paid Social Overview

Page 14: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Set up your business and digital properties to learn more about your audience and curate a positive experience for them.

14Paid Social Overview

Page 15: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Did they go to a product category page?

15Paid Social Overview

Page 16: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Did they watch a fishing video?

16Paid Social Overview

Page 17: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

The amount of information on each user allows for us to segment out our audiences effectively and efficiently

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Introduce

Re-engage

Convert

Bring people into brand through

story-telling and points of

differentiation.

Tell the product story — educate users

through product attributes and aesthetic.

Convert new and existing

customers through relevant

product marketing.

Loyalty

Create excitement around brand

to those who have recently

purchased.

Paid Social Overview

Page 18: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Several tools are available to measure success at each point in the funnel

18Paid Social Overview

Page 19: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

And, one more thing before we dive in

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Attribution….

Paid Social Overview

Page 20: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Google Analytics provides a very clear picture of attribution by channel though, the last-click nature of the platform will almost always disincentivize prospecting.

20Paid Social Overview

Page 21: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Find an attribution model that reports out of the platforms to most closely mimic GA totals.

21Paid Social Overview

Page 22: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

A little bit more on the platforms

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Page 23: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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2nd biggest search engine in the world

75% of all mobile data will be video by 2020

Every minute, more than 100 hours of

video are uploaded to YouTube

1Source: YouTube Internal Data, Global, 2017. 2Source: YouTube Internal Data, Global, 2016. 3Source: YouTube Internal Data, Global, 2015.

1.5 BN people sign in a month, on average,

spending more than an hour on the platform a

day

Paid Social Overview

Page 24: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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95% viewable video, 66% is industry

benchmark

90% of videos are viewed with

sound-on

YouTube drove sales lift in

14 out of 19 Nielsen

studies

*Google commissioned Nielsen study. Average daily reach among Persons 18+ for YouTube, Nielsen Total Media Fusion. Broadcast & Cable. Total Day. (Live + 7, one minute qualifier), television only, April 2016 Broadcast month.* Google and DoubleClick advertising platforms data, Global, May 2017. Digiday.com article, “Facebook video ad viewability rates are as low as 20 percent, agencies say”, Jessica Davies, June 26, 2017* Commissioned Nielsen Matched Panel Analysis – 19 studies on YouTube from 2016-2017 across 6 countries; Lift based on at least one of multiple tested strategies with significance >80%

YouTube delivers effective and engaging advertising that drives conversion

Paid Social Overview

Page 25: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Build awareness Grow consideration &

interestDrive actions

YouTube works across

several different buying

strategies to deliver

against varying objectives

Paid Social Overview

Page 26: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Time spent watching video on Instagram increased

60% from July 2017 to July 2018

People are watching video on Instagram all over.

Ranging from 84% of users watching in their home to

30% watching on their commutes.

Instagram Stories daily active users increased 200MM

since November 2017 (300MM to 500MM)

Source: 1. Instagram Internal Data, Jan 2019

SmartwoolSponsored

Learn More

x

Paid Social Overview

Page 27: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Instagram provides a platform to grow brand affinity while also driving

conversion among target audiences

54% of surveyed

Instagram users say

they made a purchase

on a product they have

seen on the platform

87% of people

surveyed say they

took action after

seeing product

information on the

platform

Source: “Project Instagram” by Ipsos (Facebook-commissioned survey of 21,000 people ages 13–64 in AR, AU, BR, CA,

DE, FR, IN, IT, JP, KR, TR, UK, US and ages 18–64 in Japan), Nov 2018.

Paid Social Overview

Page 28: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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218MM US users come to the platform monthly, 77% of

those are on the platform daily.

206MM of those users are coming to the platform on

mobile.

An algorithm that models behavior based on actions

performed on the platform as well as those in most all

websites on the internet.

Paid Social Overview

Instagram Internal Data

Page 29: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Facebook and Instagram share the same back end. Users are targeted across both platforms,

and campaigns are optimized across all placements.

Paid Social Overview

Page 30: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Audience Attributes

Behavior on your

website, the platform

and other websites

Relevant creative

based on ability to

capture attention and

proximity to brand

Evaluate performance

based on effectiveness

of moving users

through funnel to

purchase

Paid Social Overview

Page 31: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Measure success with

the appropriate Key

Performance Indicators

• Video views

• overall increases to website traffic (referral, direct, organic)

• New users reached

Paid Social Overview

Page 32: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Measure success with

the appropriate Key

Performance Indicators

• Visits to your website, specifically product detail pages

• Cost per site visit

• Add to carts

Paid Social Overview

Page 33: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Measure success with

the appropriate Key

Performance Indicators• Purchases

• ROAS, CPA

Paid Social Overview

Page 34: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Measure success with

the appropriate Key

Performance Indicators

• Engagements on content

• Repeat site visit

• Increases in tagging of brand, conversation etc.

Paid Social Overview

Page 35: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Find the right audience

• Interest-based audiences

• Lookalikes of buyers

• Geo heavy ups

Paid Social Overview

Page 36: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Find the right audience

• Fans

• Lapsed buyers

• Recent video viewers

• 15-180 day site visitors

• Searchers of your brand and relevant competitors

Paid Social Overview

Page 37: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Find the right audience

• Recent site visitors

• Those who added products to cart

Paid Social Overview

Page 38: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Find the right audience

• Recent buyers

• Diehards

Paid Social Overview

Page 39: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Use the right creative

• Brand-focused video

• Lifestyle and product focused video

• Pursuit-focused imagery

Paid Social Overview

Page 40: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Use the right creative

• Lifestyle imagery with product in focus

• Product videos

Paid Social Overview

Page 41: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Use the right creative

• Recently viewed products and relevant products

Paid Social Overview

Page 42: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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Introduce

Re-engage

Convert

Loyalty

Use the right creative

• Content

• Stories

• Ambassador content

Paid Social Overview

Page 43: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

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The best practices for Facebook, Instagram and YouTube hold true for most all social media

platforms.

Paid Social Overview

Page 44: Taking A Holistic Approach to Paid Social · Sources: Nielsen, “Total Audience Report, Q2 2016,” September 2016, Accenture, “Digital Video and the Connected Consumer,” April

Charlie Lozner

[email protected]

970.963.4873

44

Thank

You!