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2021 Social Media
Advertising Series
The New Approach to Audience in Today’s Privacy Landscape
10am PT / 1pm ET
How TikTok’s Authenticity Impacts the Customer Journey
10:50am PT / 1:50pm ET
Creative & Storytelling Across Social Channels
11:40am PT / 2:40pm ET
Maximize Your Influencer Strategy
12:30pm PT / 3:40pm ET
Leverage Real-Time Purchase Intent to Boost Sales
1:20pm PT / 4:20pm ET
Machine Learning:
Leverage Real-Time
Purchase Intent to
Boost Sales & Grow
Customers
Today’s Logistics
Analicia Santaella
Partner Marketing Manager
Submit questions for live Q&A
Download relevant resources
Recording & slides will be
sent tomorrow
01
02
03
Join our poll questions
04
Some of
our clients
Our
Recognition
Tinuiti is the largest independent performance
marketing agency across the triopoly.
Our Speakers
KELSEY MILLER
Associate Director, Paid
Social
LYNNE HAMILTON
SVP Sales and Service
BOBBY KELLY
Director of Client Strategy
Black Crow AI’s ML platform
has been deployed to over
300 ecommerce sites…
… made more than 4 billion
predictions per month…
… and unlocked more than $1
billion in incremental profit for
our partners.
Our plug-and-play ML has
quickly transformed
companies across industries.
Black Crow AI provides custom, plug-and-play machine
learning predictions for ecommerce
300
Partners
+4B
Predictions
+$1B
Profit
Any
Industry
Today’s
Takeaways
● Machine Learning has arrived + is creating winners
and losers
● It should be on your shopping list
● With ML, your first party data is enough
● It’s affordable and easy (yes, easy)
● It works fast: Tinuiti | BlackCrow Case Study
How a clothing retailer drove 65,000 new
customers at a 2x ROI
7
8
is powerful
is proven
is at an inflection point
MACHINE
LEARNING
9
What is
Machine Learning?
Machine learning (ML) is the study
of computer algorithms that
improve automatically through
experience and by the use of data.
What is (Great)
Machine Learning?
Powerful
predictions
Efficient
delivery
Practical
application
Provable
results
POLL:
Do you use machine learning today?
a) Does my computer count?
b) A little bit...I think.
c) Yes-ish.
d) Yes, we love it.
e) I work for Amazon. I breathe machine learning.
10
11
Machine learning
is now foundational.
What was once a
buzzword and then a
proven possibility is
essential now to
continued market
leadership.
machine
learning
(today)
machine
learning
(1980+)
PROVEN
WEB 3.0
BLOCKCHAIN
IT SYSTEMS
CRMS
DATA SECURITY
TOOLS
BARCODE
DISTRIBUTED CLOUD
CLOUD STORAGE
JET PACKS
HOVERBOARDS
FAX MACHINES
PC
SWITCHBOARDS
VIRTUAL REALITY
HOVERBOARDS
(AGAIN)
machine
learning
(2010+)
TODAY
YORE
BUZZWORD
FOUNDATIONAL
12
should be your bedrock
is required to keep pace
is needed to win
MACHINE
LEARNING
13
“Machine learning drives our algorithms for
demand forecasting, product search ranking, product
and deals recommendations, merchandising placements,
fraud detection, translations, and much more.
Though less visible, much of the impact of machine
learning will be of this type — quietly but meaningfully
improving core operations.”
― Jeff Bezos
14
With masses of resources and time, you can
leverage builder tools + large data science
teams to win
Anyone can get glimpses of ML power trapped
in point solutions - but it won’t be enough to win
MARKET
LEADERS
ARE SET UP
TO WIN
WHAT THEY WANT: efficient build tools
ML tools can
be crafted for
two personas
WE FOCUS ON THE ‘USER’
15
“BUILDER”
“USER”
DATA SCIENTIST
DATA ENGINEER
COMMERCIAL OWNER
DATA ANALYST / BI ANALYST:
WHAT THEY WANT: business outcomes
16
provides transformational insights
let’s you predict the future
can do what no human can do
MACHINE
LEARNING
It can do it all on
just first party data
17
18
THIS IS WHAT RAW DATA LOOKS LIKE
19
PRE-ML, WE HAD WAYS TO GROUP & SORT
20
ML BETTER DIFFERENTIATES AND SORTS YOUR CUSTOMERS
21
And with
machine learning
we can see - and
understand so
much more.
22
10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
10%
20%
30%
40%
50%
60%
0%
0%
AN AVERAGE
30-DAY SITE VISITOR
PERCENTAGE OF TRAFFIC
CONVERSION
RATE
9% CONVERSION RATE
23
ACTUAL
CONVERSION
RATE
60X
value
0.90% 0.93% 1.29% 2.46% 3.08% 4.75%
8.53% 12.54%
20.24%
61.07%
1 2 3 4 5 6 7 8 9 10
23
24
Machine learning can ignite any team, any industry
ACTUAL
CONVERSION
RATE
ACTUAL
CONVERSION
RATE
FUTURE VALUE SCORE
FUTURE VALUE SCORE FUTURE VALUE SCORE
FOOTWEAR STOCK TRADING
HEALTH SUPPLEMENTS B2B PRINTING
FUTURE VALUE SCORE
FUTURE VALUE SCORE FUTURE VALUE SCORE FUTURE VALUE SCORE
ONLINE TRAVEL APPLIANCES
LOCAL LISTINGS
AIRLINE
FUTURE VALUE SCORE
24
25
future-proofs your company
gives marketers superpowers
can be easy
MACHINE
LEARNING
Real-time predictions with just first party data
26
1
2
3
4
5
6
7
8
9
10
Real-time Behavior
• Current activity and actions
Historical Behavior
• Past activities and actions
• Search Parameters (Contextual)
• Date, time, keywords, intent, etc.
Purchase History
• Past conversions and purchases
Traffic Source
• Location, device, OS, etc.
Product Details
• High Margin, Complementary
SKU, etc.
First-party Data
INGEST
Machine Learning
APPLY
Real-time Predictions
OUTPUT
Machine Learning can be easy, flexible, and powerful
27
Integrate in minutes with one of
our tag manager templates
Custom predictions available
before every page load
Easily plug scores into all of the
tools and platforms you love
ADVERTISING
EMAIL / SMS
MARKETING CLOUDS
Site MONETIZATION
CONTACT CENTER
CDP/DMPs
DATABASE
CRO
PREDICTIONS
Without these predictions, campaigns appear to meet performance targets
9% CONVERSION RATE
ALL USERS
CONVERSION
RATE
Cart abandoners
High-Value Page Visitors
30-Day Site Visitors
10%
20%
30%
40%
50%
0%
28
REMARKETING
Without these predictions, campaigns appear to meet performance targets
ALL USERS
CONVERSION
RATE
$10
$20
$30
$40
$50
$0
$23 CPA
10%
20%
30%
40%
50%
0%
9% CONVERSION RATE
29
REMARKETING
30
4%
6%
16%
22%
48%
1 2 3 4 5 6 7 8 9 10
10%
20%
30%
40%
50%
0%
Predictive Scores
CONVERSION
RATE
REMARKETING
30
31
4%
6%
16%
22%
48%
$52
CPA
$25
CPA
$8
CPA
1 2 3 4 5 6 7 8 9 10
$8
CPA
$10
$20
$30
$40
$50
$0
10%
20%
30%
40%
50%
0%
CONVERSION
RATE
31
REMARKETING
Predictive Scores
32
4%
6%
16%
22%
48%
1 2 3 4 5 6 7 8 9 10
14%
13%
12%
10%
20%
30%
40%
50%
0%
8%
7% 7%
CONVERSION
RATE
32
REMARKETING
Predictive Scores
33
4%
6%
16%
22%
48%
1 2 3 4 5 6 7 8 9 10
10%
20%
30%
40%
50%
0%
CONVERSION
RATE
33
REMARKETING
Predictive Scores
34
4%
6%
16%
22%
48%
1 2 3 4 5 6 7 8 9 10
10%
20%
30%
40%
50%
0%
CONVERSION
RATE
34
REMARKETING
Predictive Scores
Cool. But what
about prospecting?
35
36
1 2 3 4 5 6 7 8 9 10
20%
40%
60%
80%
100%
0%
ALL USERS
CONVERSION
RATE
1 2 3 4 5 6 7 8 9 10
20%
40%
60%
80%
100%
0%
ALL USERS
CONVERSION
RATE
PRIOR CONVERTERS
as a proportion of all traffic
HIGH SCORE USERS
as a proportion of all traffic
Half of who Google and Facebook end up
looking for are Low and Medium users,
decreasing likelihood of finding more High
Propensity users
Narrowing the scope of lookalikes to
High Scores results in finding more Buyers
and more conversions at a higher ROAS
Lookaliking
POLL:
Which of these takeaways resonates with you most?
a) Machine learning has arrived + is creating winners and losers.
b) Machine learning should be on your shopping list.
c) With Machine learning, your first party data is enough to put you in the win column.
d) It’s affordable and easy - yes, easy.
e) Graphs rock.
37
HOW MACHINE LEARNING
CAN FUEL SOCIAL
CAMPAIGNS
38
Building ML audiences
that update in real time
● Black Crow segments are built as
website custom audience (WCA)
segments that are updated in real time
○ Every time a user take an action on
the website their future value
score is subject to change
● Structuring the audiences as dynamic
WCAs prevents ad sets from going into
the learning phase with each update
● Recommend grouping scores into a low,
medium, and high bucket
WCA_BlackCrow_Low Remarketing Scores_1-3
WCA_BlackCrow_Medium Remarketing Scores_4-7
WCA_BlackCrow_High Remarketing Scores_8-10
Lookalike (1-2%)_BlackCrow_High Future Value Scores_8-10
Lookalike (3-4%)_BlackCrow_High Future Value Scores_8-10
Implementing smarter bidding
Campaign
Low
Future
Value
Scores
Medium
Future
Value
Scores
Ad 1 Ad 2 Ad 3 Ad 1 Ad 2 Ad 3
High
Future
Value
Scores
Ad 1 Ad 2 Ad 3
25%
average CVR
6.5%
average CVR
1.5%
average CVR
● By de-averaging purchase conversion
rates, advertisers can heavy up spend
against users most likely to purchase
or subscribe
● Separating website visitors by future
value scores replaces tiering by
recency of visit
● Scores allow media managers to be
more strategic with bidding
○ Campaign Budget Optimization will
naturally allocated higher spend to high
scores
○ Can accelerate this by setting higher daily
ad set spend minimums or more aggressive
target CPA goals for high scores
Preparing for upcoming privacy
changes
● Currently, about 70% of IOS users share their IDFA with
app publishers, after the rollout of Apple’s opt-in tracking,
it is estimated that this number will drop to 10% to 15%
across social channels
● Leveraging Black Crow segments allow brands to
preserve purchase intent signals throughout privacy
changes and IDFA deprecation
● Facebook has instructed advertisers to limit pixel
tracking to 8 conversion events. Black Crow’s scores are
sent into Facebook as custom events not used for
conversion tracking
○ Black Crow’s custom pixel events will not take up
any of your eight event slots
“Upcoming privacy
changes are going to
significantly impact Social
reporting and perceived
effectiveness of the
channel.
The key to success will
be honing first party
data signals and
exploring more
sophisticated ways to
measure the channel's
performance.”
-Avi Ben-Zvi, Group Director
Tinuiti Paid Social
Screenshot
Increasing the sophistication of
your messaging strategy
After segmenting your audience approach, think
about what creatives to pair with low, medium, and
high future value scores
● Do you want to serve customized deals to your highest
value customers to incentivize higher average order
value?
● Do you want to callout different product categories or a
separate reason to buy to an individual with a medium vs
high future value score?
● Are there stronger monetary discounts that you want to
offer individuals assigned a low score
HOW A CLOTHING
RETAILER DROVE 65,000
NEW CUSTOMERS
AT A 2X ROI
Tinuiti | Black Crow Success Story
43
THE
OPPORTUNITY
Like most brands in 2020, a women’s clothing retailer
had their in-store revenue significantly decline due to
COVID-19 with temporary store closures and consumers
shifting to digital purchasing methods. Within the critical
Q4 holiday period, the brand needed their digital
advertising dollars to work harder, driving increases in
both year-over-year revenue and new customers.
The brand partnered with Tinuiti & Black Crow ai to
integrate machine learning technology into their
targeting approach.
Training the Machine
Learning Model
● Using machine learning, Black Crow
analyzes over 400 website signals to
predict the likelihood of each user’s
purchase
● Website visitors were divided into ten
equal-sized cohorts based on the
anticipated rate of purchase
● After monitoring the retailer’s website
for 3 weeks, Black Crow identified a
40x differentiation in purchase
conversion rate between future value
scores one and ten
Activating the Scores
Screenshot
Screenshot
1. OPTIMIZING BIDS
Increased bids and spend against the 8-10
high scores who purchase at 10x higher rate
than low 1-3 scores.
Decreased bids against low scores.
2. TAILORING THE MESSAGING
STRATEGY TO PRESERVE MARGIN
We preserved margin by reserving high-value
promotions to only lower purchase intent
website visitors (scores 1-3) to incentivize
purchases.
Meanwhile high purchase intent users
(scores 8-10) received full-price new arrivals
creative.
Driving Prospecting Efficiencies
Leveraging a real-time purchase intent model led to significant
improvements in the retailer’s revenue efficiencies & new
customer growth across Facebook/Instagram:
Higher spend*
30%
lower CAC*
48%
higher ROI*
2x
*compared to prospecting campaign average
The AI powered purchase intent segments drove 65,000 new
customers for the retailer in Q4 2020.
Building upon the success
Expanded lookback of retargeting windows to 180 days
● To scale the success further, we expanded the website
retargeting beyond a 30 day lookback
Using scores to predict lapsed customers
● Combine Black Crow and the client’s first party data to
anticipate and prevent lapsed buyers
● Serve custom messaging and promotions to incentivize
continued purchases
Expanded
spend
6%
lower CAC*
14%
*compared to prospecting campaign average
higher ROI*
1.5x
Building upon the success
Leveraging predictive audiences
outside of paid marketing:
● Uploading scores in Adobe Analytics for
better insights into users
● Uploading scores into Dynamic Yield -
preparing to test on-site personalization
● Next plugging scores into Oracle
Responsys + Attentive to personalize
email + SMS targeting
Schedule Your
Consultation
with a Social
Media Expert
Build your custom
Model Today!
Get Started on your
custom model today
See how our machine learning can
segment your site users and better
leverage your 1st party data with an easy
30 day free trial
Q&A
Thank you!

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2021 Social Media Advertising Series: Leverage Real-Time Purchase Intent to Boost Sales & Grow Customers"TITLE"Real-Time Purchase Intent to Boost Sales & Grow Customers: A 2021 Social Media Advertising Series" TITLE"Leverage Real-Time Purchase Intent with Machine Learning: A 2021 Guide from the Social Media Advertising Series

  • 1. 2021 Social Media Advertising Series The New Approach to Audience in Today’s Privacy Landscape 10am PT / 1pm ET How TikTok’s Authenticity Impacts the Customer Journey 10:50am PT / 1:50pm ET Creative & Storytelling Across Social Channels 11:40am PT / 2:40pm ET Maximize Your Influencer Strategy 12:30pm PT / 3:40pm ET Leverage Real-Time Purchase Intent to Boost Sales 1:20pm PT / 4:20pm ET
  • 2. Machine Learning: Leverage Real-Time Purchase Intent to Boost Sales & Grow Customers
  • 3. Today’s Logistics Analicia Santaella Partner Marketing Manager Submit questions for live Q&A Download relevant resources Recording & slides will be sent tomorrow 01 02 03 Join our poll questions 04
  • 4. Some of our clients Our Recognition Tinuiti is the largest independent performance marketing agency across the triopoly.
  • 5. Our Speakers KELSEY MILLER Associate Director, Paid Social LYNNE HAMILTON SVP Sales and Service BOBBY KELLY Director of Client Strategy
  • 6. Black Crow AI’s ML platform has been deployed to over 300 ecommerce sites… … made more than 4 billion predictions per month… … and unlocked more than $1 billion in incremental profit for our partners. Our plug-and-play ML has quickly transformed companies across industries. Black Crow AI provides custom, plug-and-play machine learning predictions for ecommerce 300 Partners +4B Predictions +$1B Profit Any Industry
  • 7. Today’s Takeaways ● Machine Learning has arrived + is creating winners and losers ● It should be on your shopping list ● With ML, your first party data is enough ● It’s affordable and easy (yes, easy) ● It works fast: Tinuiti | BlackCrow Case Study How a clothing retailer drove 65,000 new customers at a 2x ROI 7
  • 8. 8 is powerful is proven is at an inflection point MACHINE LEARNING
  • 9. 9 What is Machine Learning? Machine learning (ML) is the study of computer algorithms that improve automatically through experience and by the use of data. What is (Great) Machine Learning? Powerful predictions Efficient delivery Practical application Provable results
  • 10. POLL: Do you use machine learning today? a) Does my computer count? b) A little bit...I think. c) Yes-ish. d) Yes, we love it. e) I work for Amazon. I breathe machine learning. 10
  • 11. 11 Machine learning is now foundational. What was once a buzzword and then a proven possibility is essential now to continued market leadership. machine learning (today) machine learning (1980+) PROVEN WEB 3.0 BLOCKCHAIN IT SYSTEMS CRMS DATA SECURITY TOOLS BARCODE DISTRIBUTED CLOUD CLOUD STORAGE JET PACKS HOVERBOARDS FAX MACHINES PC SWITCHBOARDS VIRTUAL REALITY HOVERBOARDS (AGAIN) machine learning (2010+) TODAY YORE BUZZWORD FOUNDATIONAL
  • 12. 12 should be your bedrock is required to keep pace is needed to win MACHINE LEARNING
  • 13. 13 “Machine learning drives our algorithms for demand forecasting, product search ranking, product and deals recommendations, merchandising placements, fraud detection, translations, and much more. Though less visible, much of the impact of machine learning will be of this type — quietly but meaningfully improving core operations.” ― Jeff Bezos
  • 14. 14 With masses of resources and time, you can leverage builder tools + large data science teams to win Anyone can get glimpses of ML power trapped in point solutions - but it won’t be enough to win MARKET LEADERS ARE SET UP TO WIN
  • 15. WHAT THEY WANT: efficient build tools ML tools can be crafted for two personas WE FOCUS ON THE ‘USER’ 15 “BUILDER” “USER” DATA SCIENTIST DATA ENGINEER COMMERCIAL OWNER DATA ANALYST / BI ANALYST: WHAT THEY WANT: business outcomes
  • 16. 16 provides transformational insights let’s you predict the future can do what no human can do MACHINE LEARNING
  • 17. It can do it all on just first party data 17
  • 18. 18 THIS IS WHAT RAW DATA LOOKS LIKE
  • 19. 19 PRE-ML, WE HAD WAYS TO GROUP & SORT
  • 20. 20 ML BETTER DIFFERENTIATES AND SORTS YOUR CUSTOMERS
  • 21. 21 And with machine learning we can see - and understand so much more.
  • 22. 22 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 10% 20% 30% 40% 50% 60% 0% 0% AN AVERAGE 30-DAY SITE VISITOR PERCENTAGE OF TRAFFIC CONVERSION RATE 9% CONVERSION RATE
  • 23. 23 ACTUAL CONVERSION RATE 60X value 0.90% 0.93% 1.29% 2.46% 3.08% 4.75% 8.53% 12.54% 20.24% 61.07% 1 2 3 4 5 6 7 8 9 10 23
  • 24. 24 Machine learning can ignite any team, any industry ACTUAL CONVERSION RATE ACTUAL CONVERSION RATE FUTURE VALUE SCORE FUTURE VALUE SCORE FUTURE VALUE SCORE FOOTWEAR STOCK TRADING HEALTH SUPPLEMENTS B2B PRINTING FUTURE VALUE SCORE FUTURE VALUE SCORE FUTURE VALUE SCORE FUTURE VALUE SCORE ONLINE TRAVEL APPLIANCES LOCAL LISTINGS AIRLINE FUTURE VALUE SCORE 24
  • 25. 25 future-proofs your company gives marketers superpowers can be easy MACHINE LEARNING
  • 26. Real-time predictions with just first party data 26 1 2 3 4 5 6 7 8 9 10 Real-time Behavior • Current activity and actions Historical Behavior • Past activities and actions • Search Parameters (Contextual) • Date, time, keywords, intent, etc. Purchase History • Past conversions and purchases Traffic Source • Location, device, OS, etc. Product Details • High Margin, Complementary SKU, etc. First-party Data INGEST Machine Learning APPLY Real-time Predictions OUTPUT
  • 27. Machine Learning can be easy, flexible, and powerful 27 Integrate in minutes with one of our tag manager templates Custom predictions available before every page load Easily plug scores into all of the tools and platforms you love ADVERTISING EMAIL / SMS MARKETING CLOUDS Site MONETIZATION CONTACT CENTER CDP/DMPs DATABASE CRO PREDICTIONS
  • 28. Without these predictions, campaigns appear to meet performance targets 9% CONVERSION RATE ALL USERS CONVERSION RATE Cart abandoners High-Value Page Visitors 30-Day Site Visitors 10% 20% 30% 40% 50% 0% 28 REMARKETING
  • 29. Without these predictions, campaigns appear to meet performance targets ALL USERS CONVERSION RATE $10 $20 $30 $40 $50 $0 $23 CPA 10% 20% 30% 40% 50% 0% 9% CONVERSION RATE 29 REMARKETING
  • 30. 30 4% 6% 16% 22% 48% 1 2 3 4 5 6 7 8 9 10 10% 20% 30% 40% 50% 0% Predictive Scores CONVERSION RATE REMARKETING 30
  • 31. 31 4% 6% 16% 22% 48% $52 CPA $25 CPA $8 CPA 1 2 3 4 5 6 7 8 9 10 $8 CPA $10 $20 $30 $40 $50 $0 10% 20% 30% 40% 50% 0% CONVERSION RATE 31 REMARKETING Predictive Scores
  • 32. 32 4% 6% 16% 22% 48% 1 2 3 4 5 6 7 8 9 10 14% 13% 12% 10% 20% 30% 40% 50% 0% 8% 7% 7% CONVERSION RATE 32 REMARKETING Predictive Scores
  • 33. 33 4% 6% 16% 22% 48% 1 2 3 4 5 6 7 8 9 10 10% 20% 30% 40% 50% 0% CONVERSION RATE 33 REMARKETING Predictive Scores
  • 34. 34 4% 6% 16% 22% 48% 1 2 3 4 5 6 7 8 9 10 10% 20% 30% 40% 50% 0% CONVERSION RATE 34 REMARKETING Predictive Scores
  • 35. Cool. But what about prospecting? 35
  • 36. 36 1 2 3 4 5 6 7 8 9 10 20% 40% 60% 80% 100% 0% ALL USERS CONVERSION RATE 1 2 3 4 5 6 7 8 9 10 20% 40% 60% 80% 100% 0% ALL USERS CONVERSION RATE PRIOR CONVERTERS as a proportion of all traffic HIGH SCORE USERS as a proportion of all traffic Half of who Google and Facebook end up looking for are Low and Medium users, decreasing likelihood of finding more High Propensity users Narrowing the scope of lookalikes to High Scores results in finding more Buyers and more conversions at a higher ROAS Lookaliking
  • 37. POLL: Which of these takeaways resonates with you most? a) Machine learning has arrived + is creating winners and losers. b) Machine learning should be on your shopping list. c) With Machine learning, your first party data is enough to put you in the win column. d) It’s affordable and easy - yes, easy. e) Graphs rock. 37
  • 38. HOW MACHINE LEARNING CAN FUEL SOCIAL CAMPAIGNS 38
  • 39. Building ML audiences that update in real time ● Black Crow segments are built as website custom audience (WCA) segments that are updated in real time ○ Every time a user take an action on the website their future value score is subject to change ● Structuring the audiences as dynamic WCAs prevents ad sets from going into the learning phase with each update ● Recommend grouping scores into a low, medium, and high bucket WCA_BlackCrow_Low Remarketing Scores_1-3 WCA_BlackCrow_Medium Remarketing Scores_4-7 WCA_BlackCrow_High Remarketing Scores_8-10 Lookalike (1-2%)_BlackCrow_High Future Value Scores_8-10 Lookalike (3-4%)_BlackCrow_High Future Value Scores_8-10
  • 40. Implementing smarter bidding Campaign Low Future Value Scores Medium Future Value Scores Ad 1 Ad 2 Ad 3 Ad 1 Ad 2 Ad 3 High Future Value Scores Ad 1 Ad 2 Ad 3 25% average CVR 6.5% average CVR 1.5% average CVR ● By de-averaging purchase conversion rates, advertisers can heavy up spend against users most likely to purchase or subscribe ● Separating website visitors by future value scores replaces tiering by recency of visit ● Scores allow media managers to be more strategic with bidding ○ Campaign Budget Optimization will naturally allocated higher spend to high scores ○ Can accelerate this by setting higher daily ad set spend minimums or more aggressive target CPA goals for high scores
  • 41. Preparing for upcoming privacy changes ● Currently, about 70% of IOS users share their IDFA with app publishers, after the rollout of Apple’s opt-in tracking, it is estimated that this number will drop to 10% to 15% across social channels ● Leveraging Black Crow segments allow brands to preserve purchase intent signals throughout privacy changes and IDFA deprecation ● Facebook has instructed advertisers to limit pixel tracking to 8 conversion events. Black Crow’s scores are sent into Facebook as custom events not used for conversion tracking ○ Black Crow’s custom pixel events will not take up any of your eight event slots “Upcoming privacy changes are going to significantly impact Social reporting and perceived effectiveness of the channel. The key to success will be honing first party data signals and exploring more sophisticated ways to measure the channel's performance.” -Avi Ben-Zvi, Group Director Tinuiti Paid Social
  • 42. Screenshot Increasing the sophistication of your messaging strategy After segmenting your audience approach, think about what creatives to pair with low, medium, and high future value scores ● Do you want to serve customized deals to your highest value customers to incentivize higher average order value? ● Do you want to callout different product categories or a separate reason to buy to an individual with a medium vs high future value score? ● Are there stronger monetary discounts that you want to offer individuals assigned a low score
  • 43. HOW A CLOTHING RETAILER DROVE 65,000 NEW CUSTOMERS AT A 2X ROI Tinuiti | Black Crow Success Story 43
  • 44. THE OPPORTUNITY Like most brands in 2020, a women’s clothing retailer had their in-store revenue significantly decline due to COVID-19 with temporary store closures and consumers shifting to digital purchasing methods. Within the critical Q4 holiday period, the brand needed their digital advertising dollars to work harder, driving increases in both year-over-year revenue and new customers. The brand partnered with Tinuiti & Black Crow ai to integrate machine learning technology into their targeting approach.
  • 45. Training the Machine Learning Model ● Using machine learning, Black Crow analyzes over 400 website signals to predict the likelihood of each user’s purchase ● Website visitors were divided into ten equal-sized cohorts based on the anticipated rate of purchase ● After monitoring the retailer’s website for 3 weeks, Black Crow identified a 40x differentiation in purchase conversion rate between future value scores one and ten
  • 46. Activating the Scores Screenshot Screenshot 1. OPTIMIZING BIDS Increased bids and spend against the 8-10 high scores who purchase at 10x higher rate than low 1-3 scores. Decreased bids against low scores. 2. TAILORING THE MESSAGING STRATEGY TO PRESERVE MARGIN We preserved margin by reserving high-value promotions to only lower purchase intent website visitors (scores 1-3) to incentivize purchases. Meanwhile high purchase intent users (scores 8-10) received full-price new arrivals creative.
  • 47. Driving Prospecting Efficiencies Leveraging a real-time purchase intent model led to significant improvements in the retailer’s revenue efficiencies & new customer growth across Facebook/Instagram: Higher spend* 30% lower CAC* 48% higher ROI* 2x *compared to prospecting campaign average The AI powered purchase intent segments drove 65,000 new customers for the retailer in Q4 2020.
  • 48. Building upon the success Expanded lookback of retargeting windows to 180 days ● To scale the success further, we expanded the website retargeting beyond a 30 day lookback Using scores to predict lapsed customers ● Combine Black Crow and the client’s first party data to anticipate and prevent lapsed buyers ● Serve custom messaging and promotions to incentivize continued purchases Expanded spend 6% lower CAC* 14% *compared to prospecting campaign average higher ROI* 1.5x
  • 49. Building upon the success Leveraging predictive audiences outside of paid marketing: ● Uploading scores in Adobe Analytics for better insights into users ● Uploading scores into Dynamic Yield - preparing to test on-site personalization ● Next plugging scores into Oracle Responsys + Attentive to personalize email + SMS targeting
  • 50. Schedule Your Consultation with a Social Media Expert
  • 51. Build your custom Model Today! Get Started on your custom model today See how our machine learning can segment your site users and better leverage your 1st party data with an easy 30 day free trial
  • 52. Q&A