Driving Effectiveness with Talkworthy Advertising
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Transcript of Driving Effectiveness with Talkworthy Advertising
Driving Effectiveness WithTalkworthy Advertising
Brad FayChief Operating Officer
Keller Fay Group
David PoltrackChief Research Officer
CBS Corporation
Graeme HuttonSVP, Group Partner
UM
An ad’s ability to generate conversation and sharing is an important factor in its success in driving sales
Certain types of ads are more likely to generate “sharing” behavior than other types of ads
It’s in a brands best interest to plan for and optimize a campaign’s likelihood to provoke conversation
123
An ad’s ability to generate conversation and sharing is an important factor in its success in driving sales
Certain types of ads are more likely to generate “sharing” behavior than other types of ads
It’s in a brands best interest to plan for and optimize a campaign’s likelihood to provoke conversation
123
Generating Brand Conversations is Shown to Be a Critical Function of Paid Advertising
WOM Index
TV Sales Response Index
0
100
200
300
400
500
600
700
0 100 200 300 400 500 600 700
Relative WOM
Relative TV Response*
Brand Mentions Index vs. Relative TV Campaign Response*
According to recent analysis of more than 250 campaigns, advertising that drives WOM is much more likely to drive sales
An Engagement Labs CompanyKeller Fay Group
About a Third of WOM’s Sales Impact Is Attributable to WOM Acting as an “Amplifier” to Paid Media
WOM21%
WOM Amplifier10%
Paid Media69%
% Impact of Paid Media and WOM on Business Performance
Average Across Studies
Results of 2014 market mix modeling project by Analytic Partners for the Word of Mouth Marketing Association.
An ad’s ability to generate conversation and sharing is an important factor in its success in driving sales
Certain types of ads are more likely to generate “sharing” behavior than other types of ads
It’s in a brands best interest to plan for and optimize a campaign’s likelihood to provoke conversation
123
The Higher We Can Inspire Consumers’ Emotion, the Greater Chance of Boosting Sharing
Brand messages that are Entertaining, Inspirational or Useful are most likely to generate results
Drives Recommendation
Promotes a Cause
Sets you a challengeIs about a person you
are interested in
Helps you connect with new people Experiences to share with
friends & familyIs interesting or controversial
Is useful and something others don’t know
Helps you express yourself
Inspires you
Entertaining & fun
Provides useful info/ how to tips
Tells you something new and unexpected
Helps you indulge your passions and interests
Teaches you about the brand
People Like to Share
Messaging Can Be Optimized to Campaign Objectives
Different types of content are better at moving the needle on different marketing objectives
0%
10%
20%
30%
40%
Desire Trial Commitment
Challenges you
Provides experiences to share with friends/family
Teaches you about the brand
Entertaining & fun
Interesting or controversial & will spark debate
RELATIONSHIP
DIVERSION
LEARNING
PROGRESSION
RECOGNITION
An ad’s ability to generate conversation and sharing is an important factor in its success in driving sales
Certain types of ads are more likely to generate “sharing” behavior than other types of ads
It’s in a brands best interest to plan for and optimize a campaign’s likelihood to provoke conversation
123
CBS and Keller Fay Partnered on a Study at Television City to Test the ‘Talkability’ of Advertising
• Over 500 people watched a 30 minute show, including 4 promos and 8 ads, and took a post-viewing survey
• 7 days later, they were re-contacted to take a follow-up survey online
• A subset of respondents viewed the content in friends/family groups of 2 or 3 people each
• 6 Auto, Restaurant and Insurance ads were tested
An Engagement Labs CompanyKeller Fay Group
We Learned Word of Mouth Responds Measurably to Television Advertising Exposure
3%
18%
Cross-Category Average - 6 Cases
% of Respondents Talking About Brand (6 Cases)Unexposed Exposed
All the ads tested showed significantly more WOM behavior in the 7 days after exposure to the test
There was very little correlation between Ad Recall and WOM
A indicates statistically significant difference at 95% confidence level
A
An Engagement Labs CompanyKeller Fay Group
Social Viewing Was Shown to Multiply the WOM Effect of TV Advertising
A indicates statistically significant difference at 95% confidence level
3%
15%
33%
Cross-Category Average - 3 Cases
% of Respondents Talking About Brand (3 Cases)Unexposed Exposed Alone Exposed in Group
Respondents who viewed with others were more than twice as likely to talk about advertiser brands in the week following
A
A
An Engagement Labs CompanyKeller Fay Group
5% 3% 0%
22%14%
10%
44%
30%26%
Restaurant Auto Insurance
% of Respondents Talking About BrandUnexposed Exposed Alone Exposed in Group
Group Viewing Provided at Least 2x Lift in Talk Across All Categories Tested
A indicates statistically significant difference at 95% confidence level
Top-Tier WOM Category Mid-Tier WOM Category Bottom-Tier WOM Category
AA
A
A
AA
An Engagement Labs CompanyKeller Fay Group
3% 2%
14%
8%
Chevy Malibu Nissan Rogue
% of Respondents Talking About BrandUnexposed Exposed Alone
Within the Auto Category, There Was a Substantial Difference in Talking Between the Two Brands
A indicates statistically significant difference at 95% confidence levelA indicates statically significant difference at 90% confidence level
A
a
An Engagement Labs CompanyKeller Fay Group
In Conclusion
• One of the main ways advertising drives sales impact for brands is by getting people to share and talk about them
• Inspiring emotion with entertaining and surprising moments makes a brand’s content more shareable and talkworthy for consumers
• Pre-testing creative for its talkability will help brands optimize the impact of their marketing efforts
• Group viewing provides a significantly more impactful environment for advertisers