Search and Social: Birds of a feather or different flock? SIMposium 2012

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Search and Social Birds of a Feather or Different Flock? Aaron Goldman, CMO, Kenshoo 1

Transcript of Search and Social: Birds of a feather or different flock? SIMposium 2012

Page 1: Search and Social: Birds of a feather or different flock? SIMposium 2012

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Search and SocialBirds of a Feather or Different Flock?

Aaron Goldman, CMO, Kenshoo

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Agenda

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Search + Social = 60% of Online Ad Spend

August 2011 “US Interactive Marketing Forecast, 2011 To 2016”

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Social Ad Spend Growth Outpacing Search

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Birds of a Feather

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Paid + Organic

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Paid + Organic

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PPC Auction

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PPC Auction

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Precise Audience Segmentation

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Precise Audience Segmentation

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Highly Customized Creative Messaging

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Highly Customized Creative Messaging

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Continuous Optimization

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Continuous Optimization

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Birds of a Feather

1. PPC Auction

2. Precise Audience Segmentation

3. Highly Customized Creative Messaging

4. Continuous Optimization

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Different Flock

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Consumer Mindset

vs.

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Consumer Mindset

Social

Search

Click Rate Distribution Between Paid Social and Search Campaigns

# o

f Cam

paig

ns

CTR

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Time Spent

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Time Spent

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Ad Targeting

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Ad Targeting

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Ranking Criteria

High Correlation Between CTR and CPC for Retail Advertiser

CTR %

CPC %

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Ranking Criteria

Source: SitePosition

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Conversions

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Conversions

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Conversions

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Metrics

Purchases

Revenue

CTRCPC

Conv Rate

Cost

Clicks

Impressions

Revenue/Click Leads

ROI

CPL

CPA

CPM

Downloads

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Metrics

Social Impressions

Likes

Fans

Shares

Share of Voice

Connections

Tweets

Retweets

Churn

Follows

AOVMentions

RSVPs

Uniques

CPFVideo Views

Purchases

Revenue

CTRCPC

Conv Rate

Cost

Clicks

Impressions

Revenue/Click Leads

ROI

CPL

CPA

CPM

Downloads

Reach

Social Reach

Engagements

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Different Flock

1. Consumer Mindset

2. Time Spent

3. Ad Targeting

4. Ranking Criteria

5. Conversions

6. Metrics

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Best Practices

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The Marketing Funnel

Awareness

Consideration

Purchase

Intent

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Awareness

Consideration

Purchase

Intent

Customer

Repeat

Advocate

Loyal

The Marketing Hourglass

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Holistic Strategy

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Multi Channel

Attribution3rd Party

Integrations

Advanced Search Keyword Tool Dimensions

Custom Bid Algorithms

Reporting Dashboard

Path to Conversion

Keyword Bid Optimization

Support & Training

Intelligent Campaign Automation

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Cross-Profile Advanced

SearchCampaign Templates

Hyper-Local Geo Targeting

Budget Management &

Reallocation

Objectives Management

Call Conversion

Optimization

Google Places/Locations Integration

Call Extensions

SMB/Reseller Support

Flexible Reporting

Intelligent Campaign Automation

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Path to Conversion Reporting

Social Ads Manager

Segment Templates

Ad Permutations

Custom Targeting Options

Premium Ads Tracking

Support & Training

Multi-Edit, Copy & Paste

FB Specific Algorithms

Scheduled Actions

Intelligent Campaign Automation

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

Last Click Attribution Undervalues Facebook Performance

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

Last Click Attribution Undervalues Facebook Performance

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

Last Click Attribution Undervalues Facebook Performance

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

Last Click Attribution Undervalues Facebook Performance

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

Last Click Attribution Undervalues Facebook Performance

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Increase in Facebook ROI for Retail Advertiser Based on Revenue Attribution

• First Only

• Prefer First

• Distribute

Evenly

• U-Shaped

• Prefer Last

• Last Touch20% 40% 60% 80% 100%

First Only Prefer First Distribute Evenly U-Shaped Prefer Last Last Touch

Kenshoo: Proprietary & Confidential Information |

Last Click Attribution Undervalues Facebook Performance

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Attribution Simulation

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Kenshoo Case Study – Search & Social• Top 100 Internet Retailer running direct response

search and social campaigns, both with positive ROI• 20% of all conversion paths showed ad clicks from

more than one channel (search and social)• Over 1/3 had brand queries in the path to conversion• Consumers discover brand on FB and then search for it by name

Logarithmic Distribution of Keywords in Multi-Channel Conversion Paths

51Kenshoo: Proprietary & Confidential Information |

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Thank [email protected]