Matt Coen's 2013 NAB SMTE Presentation

41
www.secondstreetlab.com DRIVING REVENUE | BUILDING DATABASE | GROWING AUDIENCE MAXIMIZE YOUR PROMOTIONS REVENUE WITH SOCIAL

description

At the NAB Small Market Television Exchange 2013, Matt Coen presented on a panel on how to drive revenue with social media. Here is his deck that covers Facebook contesting, deal cards, and ballot promotions.

Transcript of Matt Coen's 2013 NAB SMTE Presentation

Page 1: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

DRIVING REVENUE | BUILDING DATABASE | GROWING AUDIENCE

MAXIMIZE YOUR PROMOTIONS REVENUE

WITH SOCIAL

Page 2: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Why Online Promotions?

Source: Borrell Associates

In B

illio

ns

Page 3: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

A Promotion Incentivizes the Like

Page 4: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

3,600 New Facebook Likes

$16,500 in Revenue

KULR-TV Billings, Montana

Facebook Advertiser Contest: Pick a Beetle

Page 5: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

GenerateREVENUE

Page 6: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

What is a Facebook Contest?

Contest App

Page 7: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

What is a Facebook Contest?

Like-gate;Must ‘Like’ your

Page to enter

Page 8: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Entry form

visible after they

‘Like’ the Page

What is a Facebook Contest?

Page 9: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Sponsor vs. Advertiser Contests

What is the difference between running a

contest on Facebook and an “agency model”

Facebook contest?

Page 10: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

18 Million SMB Facebook

PagesSource: Wall Street Journal, Facebook July 2013

Page 11: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Source: Manta

Facebook Contest

Opportunity

Facebook Contest

Opportunity

Page 12: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

WCIA Advertiser Facebook Contest Package

2 Week Facebook Sweepstakes

Facebook marketing consultation Included

Contest setup on your Facebook Page $500

Like-Gate $750

Opt-in for Email Database $750

Social media mentions $500

Email blast to 20k members $1,500

Web Display Ads, 100k ROS impressions $750

Total Value: $4,750

Cost To You: $1,500

Page 13: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Spring into PrizesThe Quad-City Times | Davenport, Iowa

The goal of this contest was to grow local businesses’ Facebook fans and email lists via a group contest that would be more affordable for the advertisers.” - Katie Wilson, Digital Sales Manager

$14,000 in Revenue

8 Sponsors 157 – 341 New

Facebook Likes per Advertiser

Page 14: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Christmas in JulyThe Quad-City Times | Davenport, Iowa

Grew revenue by $5,000 in the second version of this SMB Facebook promotion.”

- Katie Wilson, Digital Sales Manager

$19,250 in Revenue

11 Sponsors 157 – 341 New

Facebook Likes per Advertiser

Page 15: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Small Market SMB Blitz Package

Small Business Fan & Email Builder Sweepstakes14 days Multiple Sponsors (Maximum of 15)

– Contest setup on your Facebook Page– Like-Gate– Opt-in for Email Database– :30 sec promotional ads with your logo– Contest announcement email to promotional email list – Expanding pencil ad on the homepage with your logo (the day the

contest launches)– Customized contest “Thank You” page with offer/incentive – Option to add on spot ads at discounted rate during the promotion– 300x250 Web Display Ad (50k impressions ROS)– Your Investment: $1,750

Per Campaign Revenue= $26,250

Yearly Revenue (4 per

year)=$105,000

Page 16: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Engage existing fans

Page 17: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Build Engagement

Page 18: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Build Engagement

Page 19: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 20: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 21: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 22: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Golf Punch Cards

• UpNorthLive.com– Traverse City, MI– NBC/ABC Station– DMA 119

• Multi-course cards• 1 Round per Course• Big promotional

package• $99 per card

Over $175K & GrowingThis Year

Page 23: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Build Email database

Page 24: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

91% check email once

per day

91% check email once

per day

Source: eMarketer

Page 25: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Represents 70% of

Submissions

Represents 70% of

Submissions

The Impact of Email

Page 26: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Email = 66% of Deal

Revenue

Page 27: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Guess Anchorage’s First SnowfallKTUU-TV | Anchorage, Alaska

This was such a great contest that we have already confirmed for 2013 with the same sponsor. I would definitely recommend running a contest like this if your market gets a lot of snow!”- Tony Freije, Digital Sales Manager

1,064 Advertiser Opt-ins

$7,500 in Revenue

300% Increase in Facebook Likes

Facebook & Mobile Optimized“

Page 28: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Generate hot leads

Page 29: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

agency services

$4,000 Revenue

Page 30: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Identify Hot Leads

Page 31: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

promotionsSpread virally

Page 32: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Expand Your Reach with Social Boost

Page 33: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

get advertisers buzzing about you

Page 34: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Metro Ballots

Page 35: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Niche Ballots

Page 36: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 37: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 38: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 39: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 40: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

Page 41: Matt Coen's 2013 NAB SMTE Presentation

www.secondstreetlab.com

SecondStreetLab.comSecondStreetLab.com