People-based marketing at every stage of the consumer journey - Ivo Neut Partner Manager Agencies, Benelux - Maxlead
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People-based marketing at every stage of the consumer journey Ivo Neut Partner Manager Agencies, Benelux
We know a lot of attention goes here Almost half of US adults say they check their phone 80x per day 3 HRS a day are spent consuming content +150 times a day that the average Millennial checks their phone
People’s time and attention are on mobile • 3 hours per day on mobile1 • 58% of digital time spent in apps2 Mobile discovery influences consumer behavior • 74% of millennials take action after being inspired by a post3 • 33% of shoppers research on mobile before buying on desktop or offline4 1. “Average Time Spent per Day with Major Media by US Adults,” eMarketer, Apr. 2016 2. “The 2016 U.S. mobile app report, ComScore, Sept. 2016 3. Instagram user survey, Poll of 2995 respondents in the US ages 18+, Mar-Nov 2015 4. Facebook IQ, “From One Screen to Five”, in conjunction with Millward Brown Digital and Firefly Millward Brown, (commissioned by Facebook IQ). US only, sample size (n-500) and qualitative respondents (n=31) 6
Content on mobile is consumed differently Frequent Sound-off Fast
6 6 7 7 READING SPEED 300 WORDS PER MINUTE Source: “I have found a new way to watch TV, and it changes everything?”, Jeff Guo, Washington Post, 2016
2.5 seconds 1.7 seconds Source: Facebook data, Q3 2015
and video consumption is exploding Source: Criteo, “Source of Cross Device Commerce”, Q4 2016
78% of all mobile data will be video by 2021 Source: Cisco, Visual Networking Index (VNI) Global Mobile Data Traffic Forecast, 2017
- People stay 5x longer on video content vs. static content - 40% of mobile users leave a website when it doesn’t load in 3 seconds. 13
Video Ad value is generated quickly Total Seconds of Video Watched 74% 65% Cumulative Campaign impact 47% 72% 32% 44% Ad recall Brand awareness Purchase intent 3sec 10sec 20sec 30sec Source: Nielsen BrandEffect Studies,173 studies that included video worldwide, December 2014 – February 2015
1 Facebook Family of Apps & Services To reach people on mobile, reach them where they spend time Messenger 2B+ ›20 800M % monthly active people 1 time spent on mobile monthly 3 active people 2 1.3B monthly active people 2 1000 6 s additional of great apps % reach and onwebsites mobile 4 1. Facebook, June 2017 2. Facebook and Instagram, September 2017 3. Based on Nielsen Mobile Netview, December 2015 4. US ComScore data, Media Metrix, June 2015 16
Facebook in Netherlands Of which 9.9M users access Facebook 92% access Facebook monthly on every month mobile Source: Based on Facebook data, Mar 2018. 17
No. 2 Full Funnel on Facebook 18
How to reach customers through the Funnel? ”
2 Full Funnel Solutions Facebook is your partner at every stage of the consumer journey Awareness Demand generation Acquisition Transaction 20
EXAMPLE E-commerce Video views/lead Website Reach generation Link clicks conversions LOYA LT Y 21
The two layers of people-based targeting Audience attributes Behaviors Ex. Location, Interests, Ex. Clickers, video demographcs viewers
O P T I M I Z I N G T OWA R D S A D I F F E R E N T E V E N T C H A N G E S T H E A U D I E N C E Cheapest Cheapest clicks impressions (high eCTR) Total audience Cheapest conversions (high eCVR) 23
Content and the Funnel AWA R E N E S S / LOV E • Lifestyle C O N S I D E R AT I O N • Lifestyle + Commercial CONVERSION • Commercial
AWARENESS / LOVE
CO N SID ER AT IO N
CONVERSION
No. 3 Metrics that matter 28
THE EVOLUTION OF ADVERTISING New Metrics for New Channels 1705 1850 1920 1940 1994 2000 2010 2017+ Print Billboards Radio Direct Mail TV Desktop Mobile Connected Devices Cross-Everything Nielsen Rating ROI/Sales/ Subscribers Traffic Listeners Households Points CTR CPM/CTR CTR/CPC/CPA Brand LIft Measurement Metrics Source: “From One Screen to Five”, FBIQ n conjunction with Millward Brown Digital and Firefly Millward Brown, (commissioned by Facebook IQ), US only, March 2015 29
Now Awareness, preference, loyalty, sales Then Likes, comments, shares, engagement
The consumer journey is fragmented across devices and channels 49% of people would buy more on mobile if it was easier Sees ad for Browses for Adds product Purchases headphones new headphones to shopping cart headphones headphoneson on mobile on laptop on tablet desktop mobile in store Source: SIGNAL, “The Signal Retailer’s Guide to Understanding the 2015 Holiday Shopper,” July 2015
Shifting to methods that matter in our cross-everything world Focus on People Measure Metrics That Matter Compare Across Everything Shift from cookies à Shift from engagement à Shift from clicks à reaching people brand lift Conversions
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No. 3 Beyond Facebook’s feed 34
Extending Facebook’s people-based targeting across platforms COST EFFICIENCIES
PLACEMENT RESULTS Reach Brand Awareness Video Views Conversions +16% more reach on average globally +15% increase in Brand Awareness when +6% increase in Video Views when +12% increase in website conversions with when using Facebook, Instagram, using Facebook and Instagram** using Facebook and Instagram *** Facebook and Audience Network**** and Audience Network* *Source: Facebook Internal Data, Global reach, December 2016 **Source: Facebook Internal Data, June 2016 - Measured by consumer Attention ***Source: Facebook + Instagram = Overall media time spent, Media Metrix, US, June 2015 - Video Views is the number of times your video was viewed for 3 seconds or more ***Source: Facebook Internal Data, Global reach, October 2016
Shifting to people-based marketing with Facebook 1. Identify business goals 3. Compare across everything What are your business goals? Are they Shift from one-off studies to always-on, cross channel brand focused or sales focused? Or both? analytics that compare across your entire media spend. 2. Measure the metrics that matter 4. Test, learn, iterate Start to evaluate the metrics that align to your Use signals (like your measurement results) to inform business goals and reflect value-based outcomes your campaign planning strategies. It’s a continuous such as: breakthrough reporting, brand lift, and learning process to understand what works best—but return on ad spend. it all starts with people.
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