iCrossing_UK, SES London 2012 - Tom Jones, The leap from Search to Display
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Transcript of iCrossing_UK, SES London 2012 - Tom Jones, The leap from Search to Display
London | 20–24 Feb, 2012 | #seslondon
CROSSING THE DIGITAL DIVIDE:
THE LEAP FROM SEARCH TO DISPLAY
Tom Jones
Chief Development Officer, iCrossing
London | 20–24 Feb, 2012 | #seslondon
• Why display?
• “Same same but Different”
• Display... What’s it good for?
• How technology has transformed display
• Why ‘Search guys’ can be great at display
• Pitfalls to avoid
• Some first steps to try
From Search to Display…
London | 20–24 Feb, 2012 | #seslondon
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CROSSING THE DIGITAL DIVIDE:
A familiar journey?
From Search into display:
a path well trodden?
London | 20–24 Feb, 2012 | #seslondon
Triumphant first steps from
search into display…
http://ppcmemes.tumblr.com/
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http://ppcmemes.tumblr.com/
Getting good and
becoming cocky…
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Uh oh. Vader is going to kill me
when he see the ROAS on this.
http://ppcmemes.tumblr.com/
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Display is kind of a big deal…
Display advertising accounted for 23% (£0.95B) of the UK’s £4.1B 2010
online ad spend (Paid Search’s contributed 57%)
IAB Online Ad Spend Study, 2010* *2011 study out in 4 weeks
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IAB Online Ad Spend Study, H1, 2011
18.5% YoY Growth for Display 12.6% YoY Growth for Paid Search
It’s growing strongly…
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New technology & integration
Attribution & measurement
Google & Facebook
But what’s driving this growth?
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Paid Search vs. Display…
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Planning
Buying
Creative
Optimisation
Most marketing campaigns have 4 key stages…
Keywords, campaign structure, LPs
CPC, network, day parting & targeting
Ad copy development & testing
Bidding, analysis, attribution
Ad network, premium, ad exchange
RTB or fixed CPM, audience, interest
Rich media or standard, size, dynamic
View through, last click, brand uplift
PPC DISPLAY
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Keywords are an expression of specific intent
Active searching for products or services
Predominantly direct response model
But we must appreciate some fundamental differences…
PPC DISPLAY
Users have not explicitly requested a display ad
Browsing may not relate to purchase intent
Uses extend beyond direct response
The defining elements of each should be
reflected in measurement & evaluation
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Display can drive efficient direct response…
- A discussion of volume was conspicuous by its absence
2011 IPA study showed that
GDN Text Ads with contextual
targeting had a CPA of 7%
lower than search
- GDN text ads are a step in the right direction but not ‘proper’ display
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To focus solely on DR is to ignore display’s other benefits
Brand messaging
Prospecting
Set the right performance expectations &
right measurement criteria
Life time value
Customer segments
Awareness & consideration
Likelihood to purchase
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One final difference:
Complexity of the landscape
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• Lacks targeted placement
• Labour intensive to scale
• Buys audiences not intent
• ‘Expensive’ & opaque pricing
• Unsophisticated measurement
You gotta go there to come back…
Technology solutions
Ad exchanges
Demand side platforms (DSPs)
Data management platforms (DMPs)
Traditional problems
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The fundamental advantage of this new
technology landscape...
Impression-level buying
decisions in ‘real time’ and
informed by data
Ad exchanges
Demand side platforms (DSPs)
Data management platforms (DMPs)
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‘Real Time Bidding’ is the difference between…
A shift from buying an audience buying to bidding for
individuals
Paying a fixed price to address a
whole stadium
Offering a value based bid to speak to a
handful of interesting individuals
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What is an Ad Exchange?
A marketplace for buying and selling display inventory in real time
…but less Portobello Road and more Wall Street
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Manage & maximise yield
Reduced trading costs
Expose inventory to more
buyers
Easy access to inventory
Ability to buy in real time
Cost flexibility & control
Ad Exchanges: balancing the needs of buyers & sellers
Publisher (supply-
side) benefits
Advertiser (demand-
side) benefits
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What is a demand side platform (DSP)?
A platform which connects multiple sources of inventory & data
and makes real time buying (RTB) decisions on an impression
level
Ad exchanges
Data providers
& DMPs
Demand side platform
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DSPs: benefits for advertisers
- Centralised platform delivers inventory at scale
- Pricing flexibility & control
- Custom audiences & retargeting
- Attribution & data provides better insight
Increased control and accountability
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Data Management Platforms
(DMPs) turn data into audiences
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The DMP: a means to an end, not an end in itself
Analytics, CRM,
purchase behaviour
Socio-demographic
profile
Past purchase
behaviour
Unique user profile
http://www.nytimes.com/2012/02/19/magazine/shopping-habits.html #LongRead #InterestingAside
Audience discovery
and segmentation
Media targeting &
audience extension
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Data focus
Test & learn mentality
Technology natives
Don’t you dare pigeon-hole me!
http://www.flickr.com/photos/macboozle
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But…there are some ‘search habits’ to break
- Explore new distribution options
- Cheapest does not always equal best
- And…
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Use your creative licence! Go beyond the 95 character ad text
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Some useful first steps…
- Re-evaluate the GDN and remarketing
- Define & agree campaign metrics for success
- Make sure you are equipped to measure results
- Consider a managed/semi-managed DSP
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http://www.adexchanger.com/
http://www.exchangewire.com/
http://www.admonsters.com/
Image:
http://www.flic
kr.com/photos/
striatic/
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WHAT WAS COVERED:
• Why display?
• Same same but different
• Ad Exchanges, DSPs & DMPS
• Some pointers and first steps
Tom Jones
Chief Development Officer,
iCrossing
www.iCrossing.co.uk
www.twitter.com/icrossing_uk
http://www.flickr.com/photos/neil1523/