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The metrics of audience: Size, engagement, and value, presented by Jeffrey Rohrs
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Transcript of The metrics of audience: Size, engagement, and value, presented by Jeffrey Rohrs
The metrics of audience: Size,engagement, and value
JEFFREY ROHRSEXACTTARGET
SOCIALMEDIA.ORG/SUMMIT2013ORLANDODECEMBER 9–11, 2013
THE METRICS OF
AUDIENCE
@JKROHRS > JEFFREY K. ROHRS < @AUDIENCEPRO
@JKROHRS @JKROHRS
@JKROHRS
24.6M - 800,000
- 3.2%
23.8M
$298.73
$64.53
- $234.20
- 78.4%
THE AUDIENCE IS NOT BROUGHT TO YOU OR GIVEN TO YOU; IT'S SOMETHING THAT YOU FIGHT FOR. YOU CAN FORGET THAT, ESPECIALLY IF YOU'VE HAD SOME SUCCESS. -- @Springsteen
GETTING AN AUDIENCE IS HARD. SUSTAINING AN AUDIENCE IS HARD. IT DEMANDS A CONSISTENCY OF THOUGHT, OF PURPOSE, AND OF ACTION OVER A LONG PERIOD OF TIME. -- @Springsteen
AUDIENCES ARE
ASSETS
@JKROHRS
30 SECONDS
$4.0-$4.5 MILLION
@JKROHRS
@JKROHRS
VIEWERS +21%
CPM +72%
2004-2013
200 BILLION
DOLLARS
@JKROHRS
THE COST OF ATTENTION
IS ONLY GOING UP
“WELL, DUH.”
- @JaseDuckman
THE VALUE OF
PROPRIETARY AUDIENCES IS
NOT APPRECIATED
BY MOST C-SUITES
MARKETING AS INVESTMENT
@JKROHRS
MARKETING AS COST-CENTER
@JKROHRS
@JKROHRS
WE COMMUNICATE PERFORMANCE, NOT VALUE
@JKROHRS
@JKROHRS WE FOCUS ON CAMPAIGN-BASED ROI
INSTEAD OF BIG-PICTURE VALUE
1,000,000 x $30.00 $30,000,000.00
ASSET
IS PROPRIETARY AUDIENCE
DEVELOPMENT A KEY MARKETING
OBJECTIVE OR AN AFTERTHOUGHT?
@JKROHRS
AUDIENCE
ASSUMPTION
DISORDER
@JKROHRS
AUDIENCES ARE
ASSETS
EMAIL SUBSCRIBERS
ARE A BUSINESS ASSET
@JKROHRS
YOUTUBE SUBSCRIBERS
ARE A BUSINESS ASSET
SMS SUBSCRIBERS
ARE A BUSINESS ASSET
FACEBOOK FANS
ARE A BUSINESS ASSET
@JKROHRS
TWITTER FOLLOWERS
ARE A BUSINESS ASSET
@JKROHRS
INSTAGRAM FOLLOWERS
ARE A BUSINESS ASSET
PINTEREST FOLLOWERS
ARE A BUSINESS ASSET
WE NEED MORE THAN COMMUNITY MANAGERS
@JKROHRS
WE NEED ASSET MANAGERS
@JKROHRS
THE AUDIENCE
IMPERATIVE USE YOUR PAID, OWNED & EARNED MEDIA
NOT ONLY TO SELL IN THE SHORT TERM BUT
ALSO TO INCREASE THE SIZE, ENGAGEMENT &
VALUE OF YOUR PROPRIETARY AUDIENCES
OVER THE LONG TERM.
@JKROHRS
THE AUDIENCE
IMPERATIVE USE YOUR PAID, OWNED & EARNED MEDIA
NOT ONLY TO SELL IN THE SHORT TERM BUT
ALSO TO INCREASE THE SIZE, ENGAGEMENT &
VALUE OF YOUR PROPRIETARY AUDIENCES
OVER THE LONG TERM.
@JKROHRS
NO AUDIENCE IS OWNED.
@JKROHRS
AUDIENCE SOVEREIGNITY
AUDIENCES CAN
BE PROPREITARY
@JKROHRS
PROPRIETARY AUDIENCES
ARE EXCLUSIVE
THEY ARE BUILT UPON
INDIVIDUAL PERMISSION
PERMISSION
CAN BE REVOKED
ABBA: ALWAYS BE
BUILDING AUDIENCES
AUDIENCE Marketing in the Age of Subscribers, Fans & Followers
@JKROHRS
VISUAL STORYTELLING
THE AUDIENCE OF MANY
THE AUDIENCE OF ONE
PROPRIETARY AUDIENCE
DEVELOPMENT IS NOW A CORE
MARKETING RESPONSIBILITY.
1. SEEKERS
BROWSERS
LISTENERS
READERS
SEARCHERS
SHOPPERS
VISITORS
VIEWERS
@JKROHRS
information
entertainment
2. AMPLIFIERS
ADVOCATES
ANALYSTS
COMMENTERS
CREATORS
INFLUENCERS
REPORTERS
REVIEWERS
SHARERS
@JKROHRS
AUDIENCES WITH AUDIENCES
access
influence
3. JOINERS
SUBSCRIBERS
FANS
FOLLOWERS
CUSTOMERS
DINERS
DONORS
EMPLOYEES
PARTNERS
@JKROHRS
convenience
utility
SEEKERS
AMPLIFIERS
&JOINERS
@JKROHRS
YOU MUST DIVERSIFY YOUR
AUDIENCE PORTFOLIO
@JKROHRS
CHANNEL-DOMINANT PLAYERS
WITH EVER-SHIFTING RULES
@JKROHRS
THE 90% CONUNDRUM
@JKROHRS
THE AUDIENCE
IMPERATIVE USE YOUR PAID, OWNED & EARNED MEDIA
NOT ONLY TO SELL IN THE SHORT TERM BUT
ALSO TO INCREASE THE SIZE, ENGAGEMENT &
VALUE OF YOUR PROPRIETARY AUDIENCES
OVER THE LONG TERM.
@JKROHRS
1. AUDIENCE SIZE
@JKROHRS
SIZE IS RELATIVE
SIZE IS MORE THAN A NUMBER
SIZE ALSO MEANS
ACTIONABLE DATA
@JKROHRS
2. AUDIENCE ENGAGEMENT
ENGAGEMENT =
ATTENTION
@JKROHRS
<1990 1990s
Events
Direct Fax
Direct Mail
Telephone
1999 2000s 2013 TV
Radio
Display
IM
Events
Direct Fax
Direct Mail
Telephone
TV
Radio
Display
Cable TV
Website
Search
Online Display
IM
Events
Direct Fax
Direct Mail
Telephone
TV
Radio
Display
Website
Search
Online Display
Paid Search
Landing Pages
Microsites
Online Video
Webinars
Affiliate Marketing
Mobile Email
SMS
IM
Events
Direct Fax
Direct Mail
Telephone
TV
Radio
Display
Website
Search
Online Display
Paid Search
Landing Pages
Microsites
Online Video
Affiliate Marketing
Webinars
Blogs
RSS
Podcasts
Contextual
Wikis
Social Networks
Mobile Web
SnapChat/Poke
Apps/Push Notifications
Group Texting
Social DM
Voice Marketing
Mobile Email
SMS + MMS
IM
Events
Direct Fax
Direct Mail
Telephone
TV
Radio
Display
Website
Search
Online Display
Paid Search
Landing Pages
Microsites
Online Video
Affiliate Marketing
Webinars
Blogs/ RSS
Podcasts
Contextual
Wikis
Social Networks
Mobile Web
Behavioral
Social Media & Ads
Virtual Worlds
Widgets
Mobile Apps
Geolocation
Vine
CHANNEL EXPLOSION
PRIMING THE PUMP
SETH HERZOG
DON BARRIS
EDDIE BRILL
WARM UP THE AUDIENCE
ENGAGEMENT EQUALS
DELIVERABILITY
@JKROHRS
@JKROHRS
ENGAGEMENT EQUALS
VISIBILITY
ENGAGEMENT
EQUALS
USAGE
@JKROHRS
3. AUDIENCE VALUE
VALUE = VALUE TO YOU
LCV:
LIFETIME CUSTOMER VALUE
LIV:
LIFETIME INCREMENTAL VALUE
NEV:
NET EQUIVALENCY VALUE
CIV:
COMPARATIVE INCENTIVE VALUE
THE AUDIENCE
IMPERATIVE USE YOUR PAID, OWNED & EARNED MEDIA
NOT ONLY TO SELL IN THE SHORT TERM BUT
ALSO TO INCREASE THE SIZE, ENGAGEMENT &
VALUE OF YOUR PROPRIETARY AUDIENCES
OVER THE LONG TERM.
@JKROHRS
“EFFECTIVE MARKETING
NOW STANDS ON YOUR
AUDIENCE’S SHOULDERS.”
- @LIEBLINK & @JOWYANG
24.6M
23.8M
31.1M +7.3M +30.67%
+$281.03 +494.16%
WHO IS YOUR DIRECTOR OF
AUDIENCE DEVELOPMENT?
WWW.AUDIENCEPRO.COM
@AUDIENCEPRO
@JKROHRS
THE METRICS OF
AUDIENCE
SOCIALMEDIA.ORG SUMMIT – MONDAY, DEC. 9, 2013
SOCIALMEDIA.ORG/SUMMIT2013ORLANDO
Learn more about past andupcoming events
DECEMBER 9–11, 2013
SOCIALMEDIA.ORG/EVENTS