Nada@2014 people driven marketing will drive your sales

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Transcript of Nada@2014 people driven marketing will drive your sales

People-Driven

Marketing Will Drive

Your Sales

Kass Dawson

Global Head of Automotive

Facebook

Menlo Park, CA

650-739-9654

kass@fb.com

5x increase in traffic to Ford.com on

reveal day

22% uplift in

awareness from core

demographic

17% incremental

audience over TV across target

markets

24x ROI on

Facebook Offer

1.3M unique people

reached

1.5M unique people

reached

Explorer Australia

EMEA

How Do I Have Results Like That?

People-Driven Marketing Will Drive Your Sales

Use data and insights to drive my business objectives: -My CRM Data -Media Partner’s Data -Third-Party Data

How Do I Have Results Like That?

The Lifecycle Approach is Necessary for

Success

People Buy

People Shop

People Own

and Care

Leverage Consumer Insights Throughout Their Lifecycle

People Buy

People Shop

People Own

and Care

Leverage Consumer Insights Throughout Their Lifecycle

Build Awareness

and Consideration

People Shop

Reality: Only Five to Ten Percent of the

Population is In-Market, and Most of Them Are

Shopping Online…

In the digital era, consumers control

their path to purchase and

ownership

Source: “Branding in the Digital Age,” Harvard Business Review, December 2010

Initial Consideration Purchase Active evaluation

Num

ber

of vehic

les in c

onsid

era

tion

People Are Considering More Vehicles Than

Ever During the Shopping Process

Then

Now

Communications Have Been Based on the

Funnel… … but it ends!... and repeat purchasers are critical for auto business

Online Shopping/Research

Source: Polk

3.75 hrs offline

10 hrs online

New-vehicle

buyers

Used-vehicle

buyers

11.75 hrs online

3.5 hrs offline

Most Influential Media

Most influential sources leading to the dealer

0%

5%

10%

15%

20%

25%

30%

35%

40%

Source: Polk

Online Site Usage

16

65%

60%

51%

60%

0% 10% 20% 30% 40% 50% 60% 70%

3rd Party Sites

Dealer Sites

Search

OEM Sites

Usage by Site Type - New Shoppers

Online Site Usage

17

2.5

2.3

2.3

2.0

0.0 0.5 1.0 1.5 2.0 2.5 3.0

3rd Party Sites

Dealer Sites

Search

OEM Sites

Usage by Site Type - New Shoppers

Hours

Millenials

18

For Millenials (ages 18 to 34), over

90 percent use only the Internet for

automotive shopping and research.

Forty-five percent of Millenials used

a tablet/smartphone during the

shopping process versus 29 percent

of all buyers.

The Internet is Shifting to

Mobile

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2010 2011 2012 2013 2014 2015 2016

Worldwide smart connected device shipments (M)* Smartphones PCs Tablets

45% of the world

population

will have a

smartphone

in 2016**

Source: *IDC, **IC4D 2012 Maximizing Mobile, World Bank, July 2012

Optimize Ad Placements to Meet

Performance Goals

Target Together

Channel Data

type

Purchase based

Psychographi

c

Geographic

Intent/interest

Demographic

Lifestyle/life-stage

Partner

Categories

Segment

s

Interested in luxury car

Shopping for

truck

Considering

sports car

Researching

SUVs

In market for entry

level car

Looking for family

van

Retarget Your Dealership Site’s

Visitors Wherever They Go

Online

Tailor Your Message

by Your Key Target

Audience Personas M 18–34 Sedan

Fun

M 18–55 Convertible

Sporty

$18K

W 18–45 Utility

Moms

$18K

“Top rated in

safety: the all

new XYZ”

“On road or

off-road: the

all new XYZ’s

got it”

“Built like a

tank to give

you peace of

mind” “XYZ can do 36 mpg in its

sleep”

Other

sites

Facebook

People

Buy

People Shop

People Own

and Care

Capture In-market

Shoppers

Leverage Consumer Insights Throughout Their Lifecycle

People Buy

Discovery

98% better

ad

recall 31% higher

brand

awareness

Source: Nielsen Brand Effect, May 2012; average based on 500 camapaigns

Conversion

2X greater

reach to

vehicle

buyers 5.5X greater

efficiency

of

conversion

Source: Datalogix Analysis, including all transactions among DLX-Polk Matched Households from July 1, 2012 - December 31, 2012

and Datalogix Analysis, including all transactions and site visitors from January-March 2013

Loyalty

16+% higher

loyalty

among fans

Source:

Ethnic Buyers

29

12% Hispanic

9% African-American

5% Asian

Source: Polk

26%: Ethnic buyers % of total

New U.S. vehicle retail registrations through May, 2013

Ethnic Buyers

30

8.5% Industry growth

Source: Polk

12%: Ethnic buyers y-o-y % growth

New U.S. vehicle retail registrations through May, 2013

Younger Buyer

31

11.5%: Millennial buyers % of total

Source: Polk New U.S. vehicle retail registrations through May, 2013

Younger Buyer

32

11.5%: Millennial

buyers % of total

Percent of Total New Vehicles Registered

Ages:18-34

0%

2%

4%

6%

8%

10%

12%

14%

16%

2008 2009 2010 2011 2012 2013

Source: Polk New U.S. vehicle retail registrations through May, 2013

People Shop

33

Source: Polk New U.S. vehicle retail registrations through May, 2013

People Care People Buy

Electric Vehicle Penetration

34

52%: % of all EVs registered

nationally in top five markets

Source: Polk

New U.S. vehicle retail

registrations Jan–May, 2013

• San Francisco: 19.5%

• Los Angeles: 15.4%

• Seattle: 8.0%

• New York: 4.6%

• Atlanta: 4.4%

Hybrid Vehicle Penetration

35

32%: % of hybrids registered

nationally in top five markets

Source: Polk

New U.S. vehicle retail

registrations Jan–May, 2013

• Los Angeles : 13.1%

• San Francisco: 6.6%

• New York: 5.6%

• Washington DC: 3.4%

• Chicago: 3.0%

Pickup Truck Penetration

36

35%: % of pickups

registered nationally in

top five states Source: Polk

New U.S. vehicle retail

registrations Jan–May, 2013

• Texas: 13.1%

• California: 6.6%

• Oklahoma: 5.6%

• Florida: 3.4%

• Michigan: 3.0%

People Buy

People Shop

People

Own and

Care

Build loyalty and

generate

revenue from owners

Leverage Consumer Insights Throughout Their Lifecycle

People Care

Drivers

Cars

Age of Vehicles in Operation

41

11.4: Average age of vehicles in operation in U.S.

Source: Polk

Age of Vehicles in Operation

0

2

4

6

8

10

12

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Cars Trucks Average Age

Average Age in Years

Source: Polk

Length of Ownership

Source: Polk

New

buyers

Used

buyers

Total (new and

used)

Sweet Spot = Under Four Years

Source: Polk

Brand loyalty rates are among new U.S. vehicle

owners returning to market to acquire another

new vehicle between June 2012 and May 2013

Overall

average

industry

brand

loyalty:

49.8% Bra

nd L

oyalty

Age of Vehicle When Returning to Buy Again

U.S. Vehicles in Operation

Source: Polk

History Forecast

Declining U.S. “Sweet Spot”

0

20

40

60

80

100

120

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Mil

lio

ns

“Sweet Spot” = Vehicles between 6 and12

years old

46

History Forecast Source: Polk

Declining U.S. “Sweet Spot”

0

20

40

60

80

100

120

140

2008 2009 1010 2011 2012 2013 2014 2015 2016 2017

Mil

lio

ns

47

Population of vehicles over 11 years old

History Forecast Source: Polk

Targeting Matters

Media

Partner

Your

CRM

databa

se

Matched

targets

Brand

People Buy

People Shop

People Own

and Care

Leverage Consumer Insights Throughout Their Lifecycle

Build awareness

and consideration

Segment Owners

Make/model Owners

In-market Shoppers

Near-market Shoppers

Your Customer Database

Capture in-market

shoppers

In-market Shoppers

Your Customer Database

Your Site Visitors

Build loyalty and

generate

revenue from owners

Make/model Owners

Your Customer Database

Your Site Visitors

Available

targeting Objective

Reach the Right People Based on Your Objectives