Internet Advertising Intro

690 views

Published on

Digital World Expo v201.1 .:. Presentation by Taigh White.

Published in: Education, Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
690
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
14
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Internet Advertising Intro

  1. 1. Internet Advertising Introduction Strategy, tactics, history and technical stuff Presented by Taigh White, Brand marketer
  2. 2. Taigh White - Brief bio <ul><li>Brand marketer, writer, new father, fellow knowledge-seeker </li></ul><ul><li>14 years in PR & Marketing – 7 year purely digital </li></ul><ul><li>Past-President SFIMA – South Florida Interactive Marketing Association </li></ul><ul><li>Assistant Vice President Online Marketing Manager at BankAtlantic, Florida’s largest (and last) community Bank </li></ul><ul><li>Married an online display ad sales rep </li></ul>
  3. 3. Presentation overview <ul><li>Online advertising history, growth & trends </li></ul><ul><li>How an ad server works </li></ul><ul><li>Ad creation best practices </li></ul><ul><li>Pricing, distribution </li></ul><ul><li>Goals & metrics </li></ul><ul><li>Is display advertising right for you? </li></ul><ul><li>Q & A </li></ul>
  4. 4. Display ad growth <ul><li>New peaks in spending projected each year through 2014 </li></ul><ul><li>On a trajectory to over take Search marketing in 2015 (Search is the present King) </li></ul><ul><li>A record $25.8B was spent on online display advertising in 2010 – a gain of 13.9% over 2009 - According to eMarketer </li></ul><ul><li>Consumers spend 50% of their media consumption online, yet digital ads are STILL less than 15% of most brands’ overall ad budget </li></ul><ul><li>Lots of opportunity here </li></ul>
  5. 5. Industry overview <ul><li>Best known for branding and awareness; PPC is known for direct response </li></ul><ul><li>It is a great complement to your search marketing. More display = More searches </li></ul><ul><li>Getting easier to manage without a media buyer, agency, but not really self-serve </li></ul><ul><li>For a long time, its been about impressions and the click-through, but that’s changing </li></ul>
  6. 6. Display ads - Top o’ the funnel <ul><li>Raise awareness for product and service, or company </li></ul><ul><li>Generate demand </li></ul><ul><li>PPC is found at the bottom of the funnel. Yep, Google gets all the credit. </li></ul>
  7. 7. Best display ad in the world? <ul><li>Viewer can barely see the product; barely mentions product, or product attributes </li></ul><ul><li>Only call to action is “click” </li></ul><ul><li>What it does well </li></ul><ul><li>High engagement </li></ul><ul><li>The best ads tell a story </li></ul><ul><li>There’s comedy, drama, emotion, passion and mystery </li></ul><ul><li>Unbelievably high “dwell” rate </li></ul><ul><li>Viral quality – you want to share it, which is very rare with advertising </li></ul>
  8. 8. A brief history… <ul><li>First banner ad was served in 1993 on Hotwired.com (now Wired) for AT&T </li></ul><ul><li>Roots are in print display and billboards </li></ul><ul><li>Main goal: Send traffic to landing page, create awareness as measured in impressions & clicks. (Not a great measurement.) </li></ul><ul><li>Sadly, there was very little innovation for the first 15 years – in any area: analytics, creative, and in targeting. </li></ul><ul><li>Great developments in the past few years </li></ul>
  9. 9. Interactive Advertising Bureau <ul><li>IAB was founded in 1996 at the dawn of the Internet in an effort to self regulate </li></ul><ul><li>Comprised of more than 500 media and technology companies </li></ul><ul><li>Six core objectives </li></ul><ul><li>1. Fend off adverse legislation and regulation – the biggie! </li></ul><ul><li>2. Coalesce around measurement guidelines, creative standards </li></ul><ul><li>3. Create common ground to reduce costly friction in the supply chain </li></ul><ul><li>4. Share best practices that foster industry-wide growth </li></ul><ul><li>5. Generate industry-wide research and thought leadership that solidifies Interactive as a mainstream medium </li></ul><ul><li>6. Create countervailing force to balance power of other media, marketing and agency trade groups </li></ul>
  10. 10. IAB standard ad sizes <ul><li>15 standard sizes - these 5 are used most often </li></ul><ul><li>300x250 Cube rectangle </li></ul><ul><li>728x90 Leader board </li></ul><ul><li>120x600 Sky scraper </li></ul><ul><li>160x600 Wide sky scraper </li></ul><ul><li>468x60 “The standard&quot; </li></ul><ul><li>Ahh the many benefits of standardization… </li></ul>
  11. 11. Ad serving 101 <ul><li>Three entities work together: </li></ul><ul><li>Publisher content server – e.g. Las Vegas Tribune </li></ul><ul><li>Ad server – e.g. Sports- a-rama Advertising </li></ul><ul><li>Your computer’s browser – e.g. Firefox </li></ul>
  12. 12. Ad serving 101 <ul><li>Process is instantaneous </li></ul><ul><li>Browser hits Tribune site, there are actually no ads </li></ul><ul><li>Tribune calls ad server </li></ul><ul><li>It serves up the ad </li></ul><ul><li>Browser history and IP address determine appropriate ad </li></ul><ul><li>Cookie – tiny text file that facilitates this tracking </li></ul>
  13. 13. Ad serving 101 <ul><li>Example behavioral targeted: </li></ul><ul><li>User has historically visited golf website, ESPN.com, </li></ul><ul><li>Ad server displays an ad for golf shoes (relevant) </li></ul><ul><li>Visit same site from wife’s computer, an ad for insurance is served. </li></ul><ul><li>Non-targeted ads use the same ad serving process, but there’s no targeting. </li></ul><ul><li>Displays ads (dedicated homepage, run of site, etc) regardless of browser history, </li></ul><ul><li>Example, major product launches, grand opening might use this approach. One-size-fits all. </li></ul>
  14. 14. The creative <ul><li>Hire a pro. Agencies bill $125 - $150 hourly; Freelance designers bill $25 - $75 an hour.) </li></ul><ul><li>Size requirement: 28k Publishers want pages to load fast. </li></ul><ul><li>Number of words… 7-10 is ideal, but difficult </li></ul><ul><li>Keep it short and punchy. Audience attention span: 3 seconds </li></ul>
  15. 15. The creative <ul><li>Provide publisher artwork and url of landing page </li></ul><ul><li>Supply a couple of versions for testing </li></ul><ul><li>Run both ads at once to see which performs better </li></ul><ul><li>Iterate if you are not getting clicks or sales </li></ul><ul><li>If you are not testing and making adjustments, then you are not taking advantage of the medium </li></ul>
  16. 16. Buying the stuff <ul><li>Right to publisher? Go with an ad network? There are benefits to both </li></ul><ul><li>CPM – Cost per 1,000 </li></ul><ul><li>Ranges $4 CPM - $15 CPM (“M” = mille … it’s Latin.) </li></ul><ul><li>CPA – Cost per Action </li></ul>
  17. 17. Buying the stuff <ul><li>Minimums – Ad networks say they have $25K monthly minimums, or $20K or $10K… But I have found if you say you want to “test” they will soften on their policy </li></ul><ul><li>All ad networks are not created equal; some have top tier sites, some have mid- and long-tail sites </li></ul><ul><li>Straight to publisher - More flexible policies, can run rich media, and work with you as a partner </li></ul>
  18. 18. Display campaign example <ul><li>Marketing a local event (on a budget) </li></ul><ul><li>Straight to local publisher </li></ul><ul><li>Start advertising 2 weeks out </li></ul><ul><li>Media mix: </li></ul><ul><li>Small amount of rich media on “inside channel” of website; Sliding billboard to capture attention </li></ul><ul><li>Category level 25M–50M impressions on entertainment channel </li></ul><ul><li>Target demography and behavioral – 25M impressions to “the family” </li></ul><ul><li>Small sponsorship in entertainment e-mail newsletter </li></ul><ul><li>Cost: $1,500 - $2,500 </li></ul>
  19. 19. Metrics – Don’t rely on clicks <ul><li>Only 2 in 1000 will click </li></ul><ul><li>80% of all clicks have come from only 16% of the web audience. -comScore </li></ul><ul><li>Clicks are only a partial measure of the program and effectiveness of an online ad campaign </li></ul><ul><li>Other metrics to use... </li></ul><ul><li>Dwell time.  If your ad is interactive or has video or some other attraction to keep people engaged.  </li></ul><ul><li>Cost per action/lead – Ad $pend / # of new leads </li></ul><ul><li>Cost per conversion – Ad $pend / # of conversions </li></ul><ul><li>Cost per sale - Ad $pend / # of new sales </li></ul>
  20. 20. Metrics – Channel attribution <ul><li>Use unique urls </li></ul><ul><li>Generate code to append to url using Google Analytics or Omniture </li></ul><ul><li>Use a coupon, or promo code, to help narrow down where the ad was seen </li></ul><ul><li>Use a dedicated, unique phone number, so that you can compare to offline </li></ul><ul><li>Attribution is important: </li></ul><ul><li>To get credit for your hard work. </li></ul><ul><li>Get more funding. Prove that you are not wasting money. (The offline folks struggle with this.) </li></ul><ul><li>Enhance performance - optimize </li></ul>
  21. 21. Metrics - 7 performance metrics that matter <ul><li>&quot;Digital marketers today are drowning in metrics, but they don't know which ones are important or how to connect the dots in a meaningful way that will drive marketing performance.&quot; -Geoff Ramsey, CEO eMarketer </li></ul><ul><li>1. Qualified reach or qualified visits </li></ul><ul><li>2. Click through rates </li></ul><ul><li>3. Brand perception </li></ul><ul><li>4. Engagement score (ES) </li></ul><ul><li>5. End action rate </li></ul><ul><li>6. Efficiency metrics </li></ul><ul><li>7. Return on investment (ROI) </li></ul>
  22. 22. Campaign goals <ul><li>General awareness </li></ul><ul><li>Prospecting </li></ul><ul><li>Fostering engagement </li></ul><ul><li>Retention </li></ul><ul><li>Direct response </li></ul><ul><li>Closing new customers </li></ul>
  23. 23. Strategies - Direct response or branding? <ul><li>Target content - using ad networks, and publishers </li></ul><ul><li>Target the audience, not the content. Using DSP (Demand Side Platform) - An automated bidding platform that allows advertisers to put the “right ad, on the right page at the right price.” </li></ul><ul><li>Major differences between Search Engine Marketing (SEM) and Display? Targeting ability. Timing. </li></ul>
  24. 24. Strategies - Direct response or branding? <ul><li>How to target using display </li></ul><ul><li>Category – fashion, outdoor, beauty </li></ul><ul><li>Contextual – related to content </li></ul><ul><li>Behavioral – browser history, propensity to buy? </li></ul><ul><li>Ad Retargeting - visit a site, like Zappo’s, click on a pair of shoes, then decided you don't want them... On the very next site you visit, an ad is served for the exact same pair of shoes in an ad. Coincidence, or CREEPY?  </li></ul>
  25. 25. Tactics <ul><li>Road blocks </li></ul><ul><li>Interstitials </li></ul><ul><li>Run of site </li></ul><ul><li>Share of voice </li></ul><ul><li>Sponsored ads </li></ul><ul><li>Rich media </li></ul><ul><li>Video ads </li></ul>
  26. 26. Positive effect on user behavior <ul><li>Although it might be a delayed effect, a strong branding process takes effect when a viewer is exposed to a display ad - even when he or she does not click. - comScore study </li></ul><ul><li>139 display campaigns monitored, results showed extensive effects on traffic, sales, and branding despite low amount of clicks </li></ul><ul><li>46% increase in website visits </li></ul><ul><li>38% more likely to conduct a search on advertising related branded keywords </li></ul><ul><li>37% more likely to make a purchase online </li></ul><ul><li>17% more likely to make a purchase in a retail stores </li></ul>
  27. 27. Landing page – Other half of equation <ul><li>Make it easy for visitors to figure out what to do next </li></ul><ul><li>BUY NOW button - should be easy to find, above the fold </li></ul><ul><li>Product - easy to find; Don't send user to a category page with several products </li></ul><ul><li>&quot;Don't make them think!&quot; </li></ul><ul><li>Ask colleagues to step through the process, evaluate landing page, forms, the entire path from ad to conversion </li></ul><ul><li>Test. Test. Test. </li></ul><ul><li>Build 2 landing pages to test images, offers, the headline… The work will pay off. </li></ul>
  28. 28. Key takeaways <ul><li>Display ad industry is still growing </li></ul><ul><li>Its about branding, awareness, but it drives action too </li></ul><ul><li>Create short, punchy ads </li></ul><ul><li>Target your audience </li></ul><ul><li>Test, then iterate </li></ul><ul><li>Don’t rely on the click </li></ul><ul><li>Landing page is just as important as ad </li></ul>
  29. 29. Q & A <ul><li>Taigh White - Brand marketer </li></ul><ul><li>@TaighWhite </li></ul><ul><li>[email_address] </li></ul><ul><li>Linkedin/TaighWhite </li></ul>

×