SlideShare a Scribd company logo
1 of 84
Download to read offline
Q&A
Contact sales for
Audit and Consulting
package
25.000.000 VND
Google Ads voucher
5.600.000 VND
Rethinking
Vietnam ’22
Mega Sale
with
Proprietary + Confidential
… Navigating the
Vietnam 2022 mega sale
in this uncertainty has to
be completely
different!
Post Covid
demands
Recession..
Inflation
Behavioral
changes
Proprietary + Confidential
#1
Rethink on untapped Google Opportunities
#2
Rethink on the Holiday Strategy & Activation
#3
Rethink with a Branding Commerce approach
Today, Let's rethink differently!
#1 Rethink on untapped
Google Opportunities
#3 Rethink with a Branding
Commerce approach
#2 Rethink on the Holiday
strategy & Activation
Linsey Dang
Account Manager
E-Commerce
Google SEA
Mary Van
Account Manager
E-Commerce
Google SEA
Can Ekim
Senior Regional
Product Lead for
Video
Google APAC
Trương Nguyên Khoa
CEO
Pinpoint
Long Le
CEO
PMAX
Proprietary + Confidential
#1
Rethink on untapped
Google Opportunities
Evolution of Consumer Holiday Shopping
Linsey Dang
Google SEA
11.11
BF/CM
9.9
Trong năm 2021, top 3 ngày hội shopping cuối năm ở VN
là những ngày nào?
Shopping Festivals interest proxied based on top categories' search volume during sales event date
Source: Google Search Data
vào ngày nào?
Black
Friday
2022
25 tháng 11
Black
Friday
2022
Shopping Festivals Indexed Search Volume
#2 #4
#3
While demand was strongest on
11.11, other festivals were close in
gaining traction and growth in 2021
2021 Rank
Sales Event '19 to '20 YoY '20 to '21 YoY
6.6 4.46% 27.88%
7.7 6.82% 19.10%
8.8 3.87% 29.53%
9.9 9.75% 47.29%
10.10 4.54% 45.60%
20.10 3.91% 48.64%
11.11 11.21% 44.16%
20.11 9.03% 30.50%
BF/CM 6.78% 44.67%
12.12 7.32% 39.28%
Christmas 7.08% 34.57%
2021 saw outstanding growth of shopping festivals, prompting
businesses to seize opportunities in 2022
Shopping Festivals interest proxied based on top categories' search volume during sales event date
Source: Google Search Data
why
Search is the lowest hanging fruit
HumanTruths
Search is the entry and exit to brand experiences online, thus it
cannot be missed
Inspiration
Purchase
Looking for ‘ideas’, designs,
tutorials and everything users see
on social
NORMALIZED GOOGLE SEARCH TRENDS
(2019-2021) FOR INSPIRATION SEARCHES
Consideration
Price and brand comparisons
across the top results
Loyalty
Search helps users find ‘rewards’,
‘subscriptions’, ‘customer
support’, ‘coupons’ etc.
NORMALIZED GOOGLE SEARCH TRENDS
(2019-2021) FOR CONSIDERATION SEARCHES
occurs on the websites Google
leads them to
NORMALIZED GOOGLE SEARCH TRENDS
(2019-2021) FOR LOYALTY SEARCHES
NORMALIZED GOOGLE SEARCH TRENDS
(2019-2021) FOR PURCHASE SEARCHES
Source: Google search data (2019 - 2021)
Jan 19’ Jan 20’ Jan 21’
Jan 19’ Jan 20’ Jan 21’
Jan 19’ Jan 20’ Jan 21’
Jan 19’ Jan 20’ Jan 21’
A Deeper Look into the Shopping Journey
HumanTruths
Shoppers are turning to search to navigate through choice
paralysis
From CHEAPEST to BEST?
Source: Google search data (2019 - 2021)
VN Shoppers are relying on Search to navigate through choices
“Price / Cheap Price” Indexed Search Trend “Best / Greatest” Indexed Search Trend
Pricing searches are still dominant in the consideration stage of VN
shoppers, where “cheapest” searches stay on top
With more product choices online than ever before, VN shoppers
also turn to search for recommendation on the “best” products
Source: Google Search Data (2019-2021)
“ghế massage nào tốt”
“nồi chiên không dầu loại nào tốt”
“kem đánh răng tốt nhất thế giới”
“thuốc nhuộm tóc tốt”
34% YoY
143% Yo2Y
“vé máy bay giá rẻ”
“điện thoại giá rẻ”
“giá xe vision”
“ipad giá rẻ”
29% YoY
27% Yo2Y
Jan 19’ Jan 20’ Jan 21’ Jan 19’ Jan 20’ Jan 21’
Volume
+29%
Newest / Latest
related searches in
2021 vs 2020
VN shoppers also want to stay
on top of the latest and newest
trends or product version
updates
Newest / Latest
Indexed Search Trend (2019 - 2021)
Google Search & Shopping plays an important
role to facilitate purchase as it provides quick
answers, and shortcuts to compare offerings.
Source: Google Search Data
VN Shoppers are relying on Search to navigate through choices
“oppo mới nhất”
“điện thoại samsung mới nhất”
“điện thoại oppo mới nhất”
“samsung mới nhất”
HumanTruths
Search helps users find balance in blended buying preferences
Source: Google internal search data, 2021 VN
Search showing intents of shoppers to go for blended shopping
Supermarkets nearby (“siêu thị gần đây)
[Brand] opening hours (“aeon giờ mở cửa")
[Brand] store (“cửa hàng pharmacity”)
[Brand] store near me (“vinmart gần đây")
_____ menu (“thực đơn ưu đàm chay")
[Brand / product] online (“watson online)
Buy [Brand / product] cod (“mua lazada cod")
_____ [country] buy (“mua hàng quảng đông”)
____ [product] ___ [retailer] (“la roche posay
watson”)
Stronger omnichannel intent - Searches for
address, location, hours, store, near me, etc.
Stronger intent to buy online - Searches for
buy, buy online, at home, delivery etc.
Search examples Search examples
HumanTruths
why
Youtube is an intent-trendsetter platform
Proprietary + Confidential
VN shoppers are relying heavily on YouTube for intentful product
exploration as well as authentic product discovery
Source: YouTube Internal Data
SHOPPING “HAUL”
VN shoppers are turning to
review videos to get a better
sense of the product specs
(eg. size, material) without
having to interact with it
physical in-store
Unboxing videos are also
gaining in popularity as they
are seen as more authentic
user experience videos -
compared to other launch
videos & product reviews
Embracing the community
aspect of shopping, shoppers
derive vicarious enjoyment
from watching shopping hauls
- an increasingly important
channel for product discovery
With more time spent at home,
VN shoppers are turning to
home setup videos to get
inspiration and tips on how to
decorate and enhance their
home living environment.
TECH REVIEWS UNBOXING HOME/ROOM SETUP
+5%
views
+9%
views
+86%
views
+57%
views
% figures denote 2021 Jan-Jun YoY growth in video views
VN Shoppers turning to Youtube for both intenful & authentic discovery
VN Shoppers turning to Youtube for both intenful & authentic discovery
Proprietary + Confidential
YouTube plays an important role in setting the trends, inspiring consumers
and bringing best information that leads to purchase
48%
2018 Pre-covid
listed discovery as a top
reason to shop in-store
70%
End of 2020
bought from brands they
discovered on YouTube
Source: (1) Strategy/Tinuiti, Shopper Survey, 2017, (2) Mood Media, The State of Brick & Mortar, 2018, (3) Google / C Space qualitative survey activity,Nov 16-20, 2020; BR, FR,
DE, IN, MX, UK, US, n = 424, (4) Google/Talkshoppe, US, whyVideo study, n=2000 A18-64 Genpop video users, Feb 2020. (5) Cosmetics Business, 2020
90%
of viewers agree that YouTube creators give
them the best information about products
and brands.
86%
of viewers agree that YouTube makes it
easier for them to make a decision about
what to buy.
According to a Google/Talk Shoppe
study in Vietnam,...
VN Shoppers turning to Youtube for both intenful & authentic discovery
Proprietary + Confidential
Platform used
Of the 1 in 4 (26%)
shoppers who used online
videos in their initial
research...
...almost 90% turned to YouTube
Used online videos to research
Shoppers turn to YouTube to watch online videos about their
planned purchases
Source: Shopper Pulse SEAJP Wave 1 and 2 2021 - Excluding Japan
B6.On which of the following websites or apps did you watch online videos to learn about the {}?
Base: Those who watched online videos for their initial research: SEA n=3,026, ID n=564, JP n=229, MY n=438, SG n=309, TH n=699, VT n=536, PH n=628
VN Shoppers turning to Youtube for both intenful & authentic discovery
Facebook
63%
Instagram
35%
Followed by…
Proprietary + Confidential
Top uses of YouTube among users
To look at user
reviews of the
product, service or
brands
57%
To find out more
about the features,
specifications
52%
To look at
professional reviews
of the product,
service or brands
44%
To find the best
prices / offers /
discounts / deals
43%
Thought Starter:
YouTube is a tool that some shoppers use to educate themselves
about their purchase and to find out more about it.
Business could use YouTube to further convince shoppers that
they are making the right purchasing decision
There is an incentive for businesses to look at driving the right
intentful content on Youtube
Want more? go/shopperpulse
Source: Shopper Pulse SEAJP Wave 1 and 2 2021 - Excluding Japan
B6a.You mentioned that you used YouTube for planning and exploring about {A6_TEXT}, What type of information were you searching for or happened to notice?
Base: Those who watched videos on YouTube for their initial research: SEA n=2,761
VN Shoppers turning to Youtube for both intenful & authentic discovery
Proprietary + Confidential
Key takeaways for 2022 Mega Sales:
Intent
Driven
Approach
(to convert
low-hanging
fruits)
Discovery
Driven
Approach
(persuade
high-hanging
fruits)
Easier to
convert
Harder to
convert
When users search everything about you and
around you, they are likely to buy
Youtube is an intent-driven platform.
Hence, video assists users to buy your offerings
Win all intent demands throughout the holiday period, not just one date.
Mary Van
Google SEA
Can Ekim
Regional Prod. Lead
The 2022 Mega Sale Champion Formula
Proprietary + Confidential
The Mega Sale Champion Formula
What's new in our strategy?
Better Together for Your Mega Sale!
Purpose: Maximise all of high intent traffics to convert untapped sales opportunities.
> Increase coverage.
> Utilise untapped
opportunities.
> Reach, influence and drive your
customers across discovery &
purchase phases.
Mary Van
Google SEA
Mega Sale Strategy with Search
Proprietary + Confidential
The Common Misconceptions
about Search ?
Technicality
Search structure seems to
be so complex to me?
Does this sound
familiar to you
Competitiveness
Only my Brand Search has
good ROI, why other
categories only show
competitors?
Eligible
Impression
I have already
maximised all the
target impression
share?
Return on Investment
My impression share keeps
reducing, it’s like throwing
$ to the window
What you normally do
Keywords are words/phrases you bid on…
… *trying to find* which user searches...
… you want your Brand to show on.
handbags Search - Handbags
“I want to capture all the existing demand, I just don’t know HOW”
Utilise
untapped
Opportunity with
Performance Max
Increase Coverage
with Keyword
expansion & Search
structure
What you don’t know about Mega Sales just yet
Demystify
Search
Keyword Expansion
Go beyond Brand Keyword
with product category &
affinity keyword
Broad Match
Finds new,
high-performing queries,
emerging trends
Smart Bidding
Delivers the right bid for
each query at the right
price
The Triple Formula that YOU must care to expand Search Coverage
Proprietary + Confidential
Video reach campaigns
Display remarketing + Video action
campaigns
Category search
Branded search
Volume
&
CPAs
Max
out
budget
Keyword expansion approach:
you don’t just pull them, you need to push them
Keyword expansion
Proprietary + Confidential
Capture interest and demand by showing up when people
search for what you offer with Search
Google is where people search for what
to do, where to go, and what to buy.
Your digital ads can appear on Google at the
very moment someone is looking for
products or services like yours.
The market earth
Where you are REALLY cover
Keyword expansion
Where you
are ELIGIBLE
to cover
Proprietary + Confidential
+20%
in conversions
at the same CPA or ROAS
Broad match when used with Smart Bidding Increase efficiency
Save time
Expand reach
Be relevant
+19%
in conversions value
Use Broad match and Smart Bidding together help to unlock more
COVERAGE #bettertogether
Source: Google Internal Data - Date range: 2021-04-01 to 2021-04-07
Broad Match
5 triệu VND 10 triệu VND 20 triệu VND
A B C
Focusing on getting as many transactions/ orders as
possible WITHOUT considering the value of the
transactions/ orders
Focusing on getting as much REVENUE as possible to
the business. Additionally, by setting a target ROAS,
you can achieve the desirable profitability for
your businesses
Maximize Conversion Value/ tROAS
Maximize Conversion/ tCPA
You are likely to sell more product
A with Max Conv./ tCPA
You are likely to sell more product B
& C with Max Conv. Value/ tROAS
Value-based bidding strategy help business maximise revenue efficiently
Smart Bidding
Proprietary + Confidential
Activate
Performance Max
Shopping Gmail Search
YouTube Discover
Display Maps
+12%
uplift in Conversion
Value at similar ROAS
as compared to Smart
Shopping Campaigns
Performance Max serves across surfaces by tapping on missed
opportunities to grow online sales
In CSS Program Countries, Performance Max campaigns can be used with any Comparison Shopping Service (CSS) you work with. The ads will show on general Search results pages and on any other surfaces the CSS has opted in to.
1. Google Data, Jan 2018 - May 2019. Based on aggregated results of A/B traffic split for 690 advertisers using Smart Shopping campaigns and 142 campaigns using Target ROAS Smart Bidding for Shopping campaigns.
2. Google Data, Global, Ads, Sept 2021 - Oct 2021. Uplift stats have been revised downwards to account for potential cannibalization of standalone Search campaigns
*Pmax with Shopee customers are seeing 2.73X higher ROAS than
Standard Shopping Campaigns
Video case study
Think with Google article
Beauty of automation:
How L’Oréal Vietnam
won big during mega
sales with Performance
Max
L’Oréal
Vietnam
Mega Sale Strategy
with Youtube & Discovery
Can Ekim
Regional Product Lead
Beyond search strategies
Why?
Search is extremely important.
But there is more to grow your sales with Google!
100
Searches for your
product/service
Clicks to
your website
2
assuming
20% CVR
Conversions
on your website
10
untapped
in-market
consumers
assuming
10% CTR
unconverted
site visitors
Source: YouTube Internal Data, Global, Jan 2019 - May 2019
1 Source: Internal Google Data, July 2020
2 Source: Google Data, Global. Jan 2015-June 2018, Compared to advertisers that run Search only.
But wait, there's more! Discovery and Video action campaigns
boost performance for your existing Search campaigns
Advertisers that run Discovery ads
in addition to Search Ads see1
more Search conversions
+12%
Advertisers that run YouTube ads
in addition to Search Ads see2
+8% -4%
higher search
conversion volume
lower
search CPA
Beyond search strategies
Solution
Discovery
campaigns
Video Action
Campaigns
Trueview for
Reach
We will use 3 products depending on your business type!
Pure online sales
Lead gen for retail / Cash on delivery
Catching up on interests Reading through emails
Discovering videos
Beyond search strategies
Strategy
ACCESS
DISCOVER
What’s essential for a
modern media strategy?
Influencing customers across the
discovery & purchase phases to
drive business outcomes
Video Action Campaigns Discovery Campaigns
Vietnam Retail Mega Sales Strategy for Online Purchase
KPI
Bidding
Audience
Frequency cap
Extension
Budget Distribution
Google ads Conversions (macro and micro)
Max Conv, tCPA, Max conversion value, tROAS
Ad groups: Remarketing, Customer match,
Custom Audiences (past google searches),
In-market. *Optimized targeting on.
No need
GMC feed & Sitelinks
50%
Google ads Conversions (macro and micro)
Max conversions, tCPA, tROAS(beta)
Ad groups: Remarketing, Customer match,
Custom Audiences (past google searches).
*Optimized targeting on.
N/A
GMC feed (*beta) & Sitelinks
50%
Trueview for Reach Discovery Campaigns
Vietnam Retail Mega Sales Strategy for Lead Gen for Retail
KPI
Bidding
Audience
Frequency cap
Extension
Budget Distribution
Reach & Unique reach
CPM
Ad groups: Upper funnel (Demo, Affinity,
In-market). Build remarketing lists from this
campaign. Exclusion: Cartoons as topic.
3 view per day / 5 impression per day.
- (Include Call to Action to video)
30%
Google Ads Conversions (macro and micro).
OCI recommended
Max conversions, tCPA, tROAS(beta)
Ad groups: Remarketing, Customer match,
Custom Audiences (past google searches, URLs
and apps).*Optimized targeting off.
N/A
GMC feed (*beta) & Sitelinks
70%
Timeline for campaign algorithm to learn
Planning phase Before launch Week 1 Week 2 Week 3 Week 4 Week 5 Week 6
● Plan KPIs ● Implement Google
Tag
● Implement Enhanced
conversions &
data-driven
attribution
Learning period (no changes!)
Allow for up to 2 weeks
● Let us know if you
need help with
creative
● Campaign best
practices audit
Video Action / Discovery campaign running
(include Display for amplified impact)
Measure while accounting for conversion
time lag
Monitor
Account
CPA/ROAS
Get a Full value
report
Continue
always-on /
expand into
upper funnel
LAUNCH
1. Plan:
Set up goals
2. Launch: Build your measurement base,
creative strategy & campaigns.
3. Evaluate: Measure full value & expand.
Creative is the greatest driver of ROI
1Source: Nielsen Catalina Solutions. Nearly 500 campaigns across all media platforms, Period 2016-Q1 2017
Creative is the greatest driver of ad
campaign outcomes, driving up to 49%
revenue contribution.1
36% Media
15% Brand
Revenue contribution in percent
Creative
Please ask your Google team to guide you on creative
best practices for Video and Discovery campaigns!
Adjust your creatives for Mega Sales events
Seasonal events and limited promotions require a dedicated creative.
Save money and additional production time by making your ads with Video creation in Google Ads.
Use relevant promotional messaging
Include text overlays to showcase general holiday or event-related
messaging (i.e. gifting) or to showcase a limited time promo
code, site-wide sale, etc.
Refresh your creative with seasonal image assets
Replace generic year-round product images with holiday/event
-specific assets, include imagery showcasing holiday themes, or
feature inventory that goes on sale during the holiday season/event.
Test multiple call-to-actions
Create multiple video ads with a simple CTA change. The more ad
variants you have, the more the campaign has to choose from to
optimize performance!
10% off
becomes 50%
off for Black
Friday only
Imagery
becomes
holiday
themed for
seasonality
CTAs become
custom and
holiday
specific
Q&A
Contact sales for
Audit and Consulting
package
25.000.000 VND
Google Ads voucher
5.600.000 VND
Proprietary + Confidential
#2
Rethink on the
Holiday strategy &
Activation
HumanTruths
Unplanned and fast switching consumers in holiday shopping.
Common misunderstandings about performance for holiday season.
Source: NielsenIQ
66%of shoppers’ purchases are
unplanned/switching. Shoppers in
Vietnam are opened to new
information before deciding on their
purchases during holiday season.
Only 30% of shoppers in Vietnam make their
purchases right away. 70% shoppers
prefer to wait for holiday to purchase.
97% of shoppers in Vietnam
have participated in holiday
shopping.
HumanTruths
Right media plan based on “right” consumer journey?
Common misunderstandings about performance for holiday season.
Most of brand only focus timing near to
sales event.
According to Google, Most shopping
festivals observe an acceleration of search
interest 3 - 5 weeks ahead of the sales event.
According to NielsenIQ, running “after party”
can help win around 20% customer.
Miss CPE, miss millions fuel growth.
Too focus on promotion activity, miss
engagement activities.
According to McKinsey, “optimizing
consumer promotions and engagement
(CPE) can help companies realize up to 10 to
30 percent savings in marketing spend. “
Miss Omnichannel, miss high chance to
reach potential customer.
According to NielsenIQ, shoppers of VN
discover information from many sources
while Google & Youtube are one of main key
discovery channels.
HumanTruths
Different customer behaviour different customer journey
The right strategy based on the right customer journey help brand win customer for holiday season
Source: Philip Kotler
Aware Appeal Act Advocate
Ask
ATTRACTION CURIOSITY COMMITMENT AFFINITY
HumanTruths
Different customer behaviour different customer journey
The right strategy based on the right customer journey help brand win customer for holiday season
Source: Philip Kotler
A
1
A
2
A
3
A
4
A
5
Goldfish
A
1
A
2
A
3
A
4
A
5
Door Knob
A
1
A
2
A
3
A
4
A
5
Trumpet
A
1
A
2
A
3
A
4
A
5
Funnel
CUSTOMER JOURNEY
Lengthy and thorough
evaluation before buy
Involve multiple
stakeholders
Have prior expectation
and preference.
Have low attachment
toward brand.
Highly involved in
purchase decision.
Have confidence in
brand quality
Purchase is mostly
planned.
Trust real experience
not claim.
HumanTruths
Different customer behaviour different customer journey
The right strategy based on the right customer journey help brand win customer for holiday season
A1 A2 A3 A4 A5
Goldfish
CUSTOMER JOURNEY
Lengthy and thorough
evaluation before buy
Involve multiple stakeholders
HumanTruths
Roadmap/Phases for holiday season
The right strategy based on the right customer journey help brand win customer for holiday season
Pre-teasing
Cut through the
noise and stand
out
3 - 5 weeks
Teasing & D-day
Ram up and
nature shopping
intent
1 - 2 weeks
Post - Event
Build relationships
& engagement
1 week +
HumanTruths
Combine roadmap/phases between consumer journey for holiday season
The right strategy based on the right customer journey help brand win customer for holiday season
5A A1 A2 A3 A4 A5
JOURNEY AWARE APPEAL ASK ACT AVOCATE
Roadmap/
Phases
Pre-teasing Pre-teasing Teasing D-Day & Thank
you day
D-Day & Thank you
day
Objective
Customers’
attention
Customers’
interest
Consideration Convert Cross-sale
Result
Engagement,
video view, page
like
Page view/
Product view
Add to Cart Purchase Purchase
Target
Broad Audience
Base LAL: 1-2-5%
visitors &
engagers
Broad
Audience
Retargeting
upper funnel
Potential Audience
- Website visitor
(Home page 7D -
14D - 30D - 90D
- Page engagers
(Like page, interact
with post, view
video)
Potential
Audience
- Add to cart
users
- Retargeting
purchaser (Theo
timeline)
Core Audience
- Retargeting
purchasers: Top
revenue, purchase
frequency
Key activities
Countdown to
big sales
Gamification
Gamification
with limited
Time only
Winning voucher Up sales
Freeship
Buy together
program
Buy 1 get discount
for next buy
Door Knob
CUSTOMER JOURNEY
Have prior expectation and
preference.
Have low attachment toward
brand.
A1 A2 A3 A4 A5
HumanTruths
3 key highlights
you should remember for holiday season.
Summary
Define consumer journey Lean & Full Media Plan More focus on CPE
1. Target customer
2. Category/Industry
3. Objective
1. Omnichannel
2. Full phase of Mega Sale
For each steps in 5A
HumanTruths
Lean Digital Marketing
Consultation
Contact sales for
Audit and Consulting
package
25.000.000 VND
Thank you
for your attention!
Google Ads voucher
5.600.000 VND
Proprietary + Confidential
Tea Break
Q&A
Contact sales for
Audit and Consulting
package
25.000.000 VND
Google Ads voucher
5.600.000 VND
Proprietary + Confidential
#3
Rethink with a Branding
Commerce approach
Have you prepared your
Marketing Plan for the
upcoming Mega-sale season
of end 2022 - beginning of 2023?
HumanTruths
Does your Marketing Plan include the following?
Rely on % of revenue only to
estimate the marketing budget.
Majority of the budget is
allocated to sales conversion
or branding only.
Create huge discounts to
maximize purchasing.
Are the above BEST PRACTICES?
1 2 3
HumanTruths
50-50-50 rule
50% of the companies on the market are investing 52% less than
the optimal budget, which can increase their ROI by 50%.
Source: Nielsen
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
HumanTruths
SOV rule: Marketing budget should also align with the
brand’s SOM
Share of voice
Share of market
0% 2% 4% 6% 8%
2%
4%
6%
8%
10%
10%
SOV > SOM
Brand tend to grow
SOV < SOM
Brand tend to shrink
Correlation: 99%
Source: Les Binet, The long and the short of it, IPA
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
HumanTruths
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
Conversion
● Revenue increases as spending increases
but efficiency reduces
● Restricted by existing demand and current
brand awareness
Branding
● Shift the curve up
● Decrease price sensitivity and increase
margin
● Increase 1% awareness and
consideration => increase 1% future
sales and decrease 1% CAC - the costs
to acquire 1 new customer in short term
(Nielsen)
Revenue
Ads Spend
Branding
Conversion
Combining branding and conversion campaign is a must to grow
brand and business
HumanTruths
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
■ Messaging to Influence Consumer Perceptions and behaviors
■ Broad Reach
■ Long Term
■ Drives Future Sales, cashflow,
■ Messaging to Influence Consumer Purchases
■ Narrow Reach
■ Short Term
■ Drives Immediate Sales
Upper-funnel Marketing
Lower-funnel Marketing
Conversion focuses on capturing existing short-term demand, while
brand building can generate long-run and short-run cash flows
HumanTruths
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
0%
1.7%
1.8%
2.9%
3.1%
3 m 6 m 1 y 2 y 3 y+
Campaign Duration
Price effect
Brands make big profit increase through 1) sales volume increase AND 2) price/margin increase
Price margin increase is difficult to do and take a long time to achieve, requires stronger brand
Aggressive discounts help conversion now, but also increase price sensitivity, i.e. damaging to brand
Big discounts could help drive sales volume in the short term, but may
damage profit in the long term
23%
28%
33%
34%
36%
3 m 6 m 1 y 2 y 3 y+
Campaign Duration
Volume growth
4%
8%
9%
14%
15%
3 m 6 m 1 y 2 y 3 y+
Campaign Duration
Profit growth
Source: Les Binet, The long and the short of it, IPA
HumanTruths
Big discount promotion?
Identifying Marketing Budget Branding vs. Conversion
Promotion should aim to maintain price but give more values to customers
Instead of big discounts:
- Discount
- Voucher
… Give more values to customers:
- Lucky draw
- Gifts
- Combo
- Shipping fee
- …
Or, shift promotion
budget to
advertising budget
to drive up sales
SOLUTION
HumanTruths
CONCEPT
Develop ideas/concepts for
marketing & advertising business
impact mindset.
PLATFORM
Design /Optimize landing page,
website and mobile application
for higher conversion.
STRATEGY
Skyrocket businesses result
with comprehensive strategy
based on 7Ps model.
RESEARCH
Conduct market, customer, and
competitor research for strategy
development
SALES CAMPAIGN
MANAGEMENT
Plan, execute & manage sales
campaigns that drive business growth.
MERCHANDISING
Optimize user experience through
merchandising and engagement
activities.
COMMERCIAL
Develop strategy and manage
commercial activities (e.g.
product, price)
CREATIVE PRODUCTION
Produce creative assets.
MEDIA
Plan & optimize multi media
channels (Paid - Own - Earn)
OUR
SERVICES
TECH & DATA
Build tracking links and data measurement
system for data collection & analysis, campaign
optimization, and performance report.
PMAX SOLUTION | TOTAL PRODUCT LINES
PMAX SOLUTION
PMax’s multiple product lines connect into branding commerce
solution to drive best business impact for client, for short term and long
term
Branding
Commerce
Branding solution
Ecommerce solution
Social commerce solution
Lead gen solution
Research
Strategy
Platform
Media
Creative production
Campaign
Commercial
Merchandising
Tech & Data
Concept
PMAX’s USPs
PMAX’s branding commerce solution differentiates being integrated end-to-end
Branding
Commerce
Branding
Commerce
COMMON PRACTICE PMAX’S PRACTICE
PMAX - Total performance marketing
COMMON PRACTICE
Media agency Creative agency
PMax’s USPs: Integrated end-2-end on:
● Full funnel with branding commerce solution
● Full product lines
● Full workflow: planning to optimization to measurement
PMAX SOLUTION
With branding commerce solution, PMAX can address all challenges that many
brands face during holiday season
Branding
Commerce
Marketing Budget as % of
revenue only
Over-focus on sales
activation campaign
Heavy discounts
Strategy to determine budget based on:
● % of revenue
● SOV
● Business objective
● Competitiveness level
Integrated branding commerce solution
Strong commerce strategy including
both product, pricing, advertising to
maximize profit short and long term
Issues
1
2
3
Q&A
Contact sales for
Audit and Consulting
package
25.000.000 VND
Google Ads voucher
5.600.000 VND
Proprietary + Confidential
Panel Discussion
Audience Q&A Session
ⓘ Start presenting to display the audience questions on this slide.
Contact sales for
Audit and Consulting
package
25.000.000 VND
Google Ads voucher
5.600.000 VND Survey

More Related Content

Similar to [Google x PMAX] - Activate Holiday Season Oct 2022.pdf

The Changing Face of Digital Marketing
The Changing Face of Digital MarketingThe Changing Face of Digital Marketing
The Changing Face of Digital MarketingAndrea M. Tarrell
 
Maximizing google adwords for e tailers
Maximizing google adwords for e tailersMaximizing google adwords for e tailers
Maximizing google adwords for e tailersNational Positions
 
How to Maximize Google Adwords for E-Tailers
How to Maximize Google Adwords for E-TailersHow to Maximize Google Adwords for E-Tailers
How to Maximize Google Adwords for E-TailersNational Positions
 
Push & Google Black Friday webinar 2020
Push & Google Black Friday webinar 2020Push & Google Black Friday webinar 2020
Push & Google Black Friday webinar 2020Grant Barber
 
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...sitecmy
 
Q4 Google Search & Shopping Best Practices For Advanced Strategies
Q4 Google Search & Shopping Best Practices For Advanced StrategiesQ4 Google Search & Shopping Best Practices For Advanced Strategies
Q4 Google Search & Shopping Best Practices For Advanced StrategiesTinuiti
 
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)iProspect Canada
 
Holiday 2013 pov3 180 fusion-pdf
Holiday 2013 pov3   180 fusion-pdfHoliday 2013 pov3   180 fusion-pdf
Holiday 2013 pov3 180 fusion-pdfFast Company
 
The Tomorrow Lab Presents - Micro Moments
The Tomorrow Lab Presents - Micro MomentsThe Tomorrow Lab Presents - Micro Moments
The Tomorrow Lab Presents - Micro MomentsThe Tomorrow Lab
 
The future of seo in the uae
The future of seo in the uaeThe future of seo in the uae
The future of seo in the uaeGreg Jarboe
 
Mobile's Here. Now What?
Mobile's Here. Now What?Mobile's Here. Now What?
Mobile's Here. Now What?Yahoo Gemini
 
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...Distilled
 
Guide to Winning Micro-Moments
Guide to Winning Micro-MomentsGuide to Winning Micro-Moments
Guide to Winning Micro-MomentsLance Bachmann
 
Boost Brand & Product Discovery with a Paid Social Diversification Strategy
Boost Brand & Product Discovery with a Paid Social Diversification StrategyBoost Brand & Product Discovery with a Paid Social Diversification Strategy
Boost Brand & Product Discovery with a Paid Social Diversification StrategyTinuiti
 
Digital marketing in the time Pandemic (Covid-19)
Digital marketing in the time Pandemic (Covid-19)Digital marketing in the time Pandemic (Covid-19)
Digital marketing in the time Pandemic (Covid-19)Heri Ardin
 
Enhancing Your Digital Marketing for Cyber Monday
Enhancing Your Digital Marketing for Cyber MondayEnhancing Your Digital Marketing for Cyber Monday
Enhancing Your Digital Marketing for Cyber MondayIndaba Group
 
Sự khác biệt giữa Data driven marketing với Marketing
Sự khác biệt giữa Data driven marketing với MarketingSự khác biệt giữa Data driven marketing với Marketing
Sự khác biệt giữa Data driven marketing với MarketingTuan Le
 
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...Tinuiti
 
Five Performance Marketing Trends to Watch - Jon Myers, Marin Software
Five Performance Marketing Trends to Watch - Jon Myers, Marin SoftwareFive Performance Marketing Trends to Watch - Jon Myers, Marin Software
Five Performance Marketing Trends to Watch - Jon Myers, Marin SoftwarePerformanceIN
 

Similar to [Google x PMAX] - Activate Holiday Season Oct 2022.pdf (20)

The Changing Face of Digital Marketing
The Changing Face of Digital MarketingThe Changing Face of Digital Marketing
The Changing Face of Digital Marketing
 
Maximizing google adwords for e tailers
Maximizing google adwords for e tailersMaximizing google adwords for e tailers
Maximizing google adwords for e tailers
 
How to Maximize Google Adwords for E-Tailers
How to Maximize Google Adwords for E-TailersHow to Maximize Google Adwords for E-Tailers
How to Maximize Google Adwords for E-Tailers
 
Push & Google Black Friday webinar 2020
Push & Google Black Friday webinar 2020Push & Google Black Friday webinar 2020
Push & Google Black Friday webinar 2020
 
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...
2019 SITEC E-Commerce Course 301 CN: Internet Marketing Digital Marketing by ...
 
Q4 Google Search & Shopping Best Practices For Advanced Strategies
Q4 Google Search & Shopping Best Practices For Advanced StrategiesQ4 Google Search & Shopping Best Practices For Advanced Strategies
Q4 Google Search & Shopping Best Practices For Advanced Strategies
 
Voucher Codes
Voucher CodesVoucher Codes
Voucher Codes
 
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)
How to Engage the Mobile Consumer: The New Rules For Success (Dx3 2016)
 
Holiday 2013 pov3 180 fusion-pdf
Holiday 2013 pov3   180 fusion-pdfHoliday 2013 pov3   180 fusion-pdf
Holiday 2013 pov3 180 fusion-pdf
 
The Tomorrow Lab Presents - Micro Moments
The Tomorrow Lab Presents - Micro MomentsThe Tomorrow Lab Presents - Micro Moments
The Tomorrow Lab Presents - Micro Moments
 
The future of seo in the uae
The future of seo in the uaeThe future of seo in the uae
The future of seo in the uae
 
Mobile's Here. Now What?
Mobile's Here. Now What?Mobile's Here. Now What?
Mobile's Here. Now What?
 
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...
SearchLove Boston 2019 - Purna Virji - Even Better Together: New Ways for SEO...
 
Guide to Winning Micro-Moments
Guide to Winning Micro-MomentsGuide to Winning Micro-Moments
Guide to Winning Micro-Moments
 
Boost Brand & Product Discovery with a Paid Social Diversification Strategy
Boost Brand & Product Discovery with a Paid Social Diversification StrategyBoost Brand & Product Discovery with a Paid Social Diversification Strategy
Boost Brand & Product Discovery with a Paid Social Diversification Strategy
 
Digital marketing in the time Pandemic (Covid-19)
Digital marketing in the time Pandemic (Covid-19)Digital marketing in the time Pandemic (Covid-19)
Digital marketing in the time Pandemic (Covid-19)
 
Enhancing Your Digital Marketing for Cyber Monday
Enhancing Your Digital Marketing for Cyber MondayEnhancing Your Digital Marketing for Cyber Monday
Enhancing Your Digital Marketing for Cyber Monday
 
Sự khác biệt giữa Data driven marketing với Marketing
Sự khác biệt giữa Data driven marketing với MarketingSự khác biệt giữa Data driven marketing với Marketing
Sự khác biệt giữa Data driven marketing với Marketing
 
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...
Overcome Holiday Marketing Challenges: How to Make the Best Use of Your Next ...
 
Five Performance Marketing Trends to Watch - Jon Myers, Marin Software
Five Performance Marketing Trends to Watch - Jon Myers, Marin SoftwareFive Performance Marketing Trends to Watch - Jon Myers, Marin Software
Five Performance Marketing Trends to Watch - Jon Myers, Marin Software
 

Recently uploaded

Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfGale Pooley
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfSaviRakhecha1
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfGale Pooley
 
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceanilsa9823
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Call Girls in Nagpur High Profile
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Bookingroncy bisnoi
 
The Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdfThe Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdfGale Pooley
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfGale Pooley
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfMichael Silva
 

Recently uploaded (20)

VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdf
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdf
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdf
 
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
 
The Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdfThe Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdf
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 

[Google x PMAX] - Activate Holiday Season Oct 2022.pdf

  • 1.
  • 2. Q&A Contact sales for Audit and Consulting package 25.000.000 VND Google Ads voucher 5.600.000 VND
  • 4. Proprietary + Confidential … Navigating the Vietnam 2022 mega sale in this uncertainty has to be completely different! Post Covid demands Recession.. Inflation Behavioral changes
  • 5. Proprietary + Confidential #1 Rethink on untapped Google Opportunities #2 Rethink on the Holiday Strategy & Activation #3 Rethink with a Branding Commerce approach Today, Let's rethink differently!
  • 6. #1 Rethink on untapped Google Opportunities #3 Rethink with a Branding Commerce approach #2 Rethink on the Holiday strategy & Activation Linsey Dang Account Manager E-Commerce Google SEA Mary Van Account Manager E-Commerce Google SEA Can Ekim Senior Regional Product Lead for Video Google APAC Trương Nguyên Khoa CEO Pinpoint Long Le CEO PMAX
  • 7. Proprietary + Confidential #1 Rethink on untapped Google Opportunities
  • 8. Evolution of Consumer Holiday Shopping Linsey Dang Google SEA
  • 9. 11.11 BF/CM 9.9 Trong năm 2021, top 3 ngày hội shopping cuối năm ở VN là những ngày nào? Shopping Festivals interest proxied based on top categories' search volume during sales event date Source: Google Search Data
  • 12. Shopping Festivals Indexed Search Volume #2 #4 #3 While demand was strongest on 11.11, other festivals were close in gaining traction and growth in 2021 2021 Rank Sales Event '19 to '20 YoY '20 to '21 YoY 6.6 4.46% 27.88% 7.7 6.82% 19.10% 8.8 3.87% 29.53% 9.9 9.75% 47.29% 10.10 4.54% 45.60% 20.10 3.91% 48.64% 11.11 11.21% 44.16% 20.11 9.03% 30.50% BF/CM 6.78% 44.67% 12.12 7.32% 39.28% Christmas 7.08% 34.57% 2021 saw outstanding growth of shopping festivals, prompting businesses to seize opportunities in 2022 Shopping Festivals interest proxied based on top categories' search volume during sales event date Source: Google Search Data
  • 13. why Search is the lowest hanging fruit
  • 14. HumanTruths Search is the entry and exit to brand experiences online, thus it cannot be missed Inspiration Purchase Looking for ‘ideas’, designs, tutorials and everything users see on social NORMALIZED GOOGLE SEARCH TRENDS (2019-2021) FOR INSPIRATION SEARCHES Consideration Price and brand comparisons across the top results Loyalty Search helps users find ‘rewards’, ‘subscriptions’, ‘customer support’, ‘coupons’ etc. NORMALIZED GOOGLE SEARCH TRENDS (2019-2021) FOR CONSIDERATION SEARCHES occurs on the websites Google leads them to NORMALIZED GOOGLE SEARCH TRENDS (2019-2021) FOR LOYALTY SEARCHES NORMALIZED GOOGLE SEARCH TRENDS (2019-2021) FOR PURCHASE SEARCHES Source: Google search data (2019 - 2021) Jan 19’ Jan 20’ Jan 21’ Jan 19’ Jan 20’ Jan 21’ Jan 19’ Jan 20’ Jan 21’ Jan 19’ Jan 20’ Jan 21’ A Deeper Look into the Shopping Journey
  • 15. HumanTruths Shoppers are turning to search to navigate through choice paralysis From CHEAPEST to BEST? Source: Google search data (2019 - 2021) VN Shoppers are relying on Search to navigate through choices “Price / Cheap Price” Indexed Search Trend “Best / Greatest” Indexed Search Trend Pricing searches are still dominant in the consideration stage of VN shoppers, where “cheapest” searches stay on top With more product choices online than ever before, VN shoppers also turn to search for recommendation on the “best” products Source: Google Search Data (2019-2021) “ghế massage nào tốt” “nồi chiên không dầu loại nào tốt” “kem đánh răng tốt nhất thế giới” “thuốc nhuộm tóc tốt” 34% YoY 143% Yo2Y “vé máy bay giá rẻ” “điện thoại giá rẻ” “giá xe vision” “ipad giá rẻ” 29% YoY 27% Yo2Y Jan 19’ Jan 20’ Jan 21’ Jan 19’ Jan 20’ Jan 21’ Volume
  • 16. +29% Newest / Latest related searches in 2021 vs 2020 VN shoppers also want to stay on top of the latest and newest trends or product version updates Newest / Latest Indexed Search Trend (2019 - 2021) Google Search & Shopping plays an important role to facilitate purchase as it provides quick answers, and shortcuts to compare offerings. Source: Google Search Data VN Shoppers are relying on Search to navigate through choices “oppo mới nhất” “điện thoại samsung mới nhất” “điện thoại oppo mới nhất” “samsung mới nhất”
  • 17. HumanTruths Search helps users find balance in blended buying preferences Source: Google internal search data, 2021 VN Search showing intents of shoppers to go for blended shopping Supermarkets nearby (“siêu thị gần đây) [Brand] opening hours (“aeon giờ mở cửa") [Brand] store (“cửa hàng pharmacity”) [Brand] store near me (“vinmart gần đây") _____ menu (“thực đơn ưu đàm chay") [Brand / product] online (“watson online) Buy [Brand / product] cod (“mua lazada cod") _____ [country] buy (“mua hàng quảng đông”) ____ [product] ___ [retailer] (“la roche posay watson”) Stronger omnichannel intent - Searches for address, location, hours, store, near me, etc. Stronger intent to buy online - Searches for buy, buy online, at home, delivery etc. Search examples Search examples
  • 18. HumanTruths why Youtube is an intent-trendsetter platform
  • 19. Proprietary + Confidential VN shoppers are relying heavily on YouTube for intentful product exploration as well as authentic product discovery Source: YouTube Internal Data SHOPPING “HAUL” VN shoppers are turning to review videos to get a better sense of the product specs (eg. size, material) without having to interact with it physical in-store Unboxing videos are also gaining in popularity as they are seen as more authentic user experience videos - compared to other launch videos & product reviews Embracing the community aspect of shopping, shoppers derive vicarious enjoyment from watching shopping hauls - an increasingly important channel for product discovery With more time spent at home, VN shoppers are turning to home setup videos to get inspiration and tips on how to decorate and enhance their home living environment. TECH REVIEWS UNBOXING HOME/ROOM SETUP +5% views +9% views +86% views +57% views % figures denote 2021 Jan-Jun YoY growth in video views VN Shoppers turning to Youtube for both intenful & authentic discovery VN Shoppers turning to Youtube for both intenful & authentic discovery
  • 20. Proprietary + Confidential YouTube plays an important role in setting the trends, inspiring consumers and bringing best information that leads to purchase 48% 2018 Pre-covid listed discovery as a top reason to shop in-store 70% End of 2020 bought from brands they discovered on YouTube Source: (1) Strategy/Tinuiti, Shopper Survey, 2017, (2) Mood Media, The State of Brick & Mortar, 2018, (3) Google / C Space qualitative survey activity,Nov 16-20, 2020; BR, FR, DE, IN, MX, UK, US, n = 424, (4) Google/Talkshoppe, US, whyVideo study, n=2000 A18-64 Genpop video users, Feb 2020. (5) Cosmetics Business, 2020 90% of viewers agree that YouTube creators give them the best information about products and brands. 86% of viewers agree that YouTube makes it easier for them to make a decision about what to buy. According to a Google/Talk Shoppe study in Vietnam,... VN Shoppers turning to Youtube for both intenful & authentic discovery
  • 21. Proprietary + Confidential Platform used Of the 1 in 4 (26%) shoppers who used online videos in their initial research... ...almost 90% turned to YouTube Used online videos to research Shoppers turn to YouTube to watch online videos about their planned purchases Source: Shopper Pulse SEAJP Wave 1 and 2 2021 - Excluding Japan B6.On which of the following websites or apps did you watch online videos to learn about the {}? Base: Those who watched online videos for their initial research: SEA n=3,026, ID n=564, JP n=229, MY n=438, SG n=309, TH n=699, VT n=536, PH n=628 VN Shoppers turning to Youtube for both intenful & authentic discovery Facebook 63% Instagram 35% Followed by…
  • 22. Proprietary + Confidential Top uses of YouTube among users To look at user reviews of the product, service or brands 57% To find out more about the features, specifications 52% To look at professional reviews of the product, service or brands 44% To find the best prices / offers / discounts / deals 43% Thought Starter: YouTube is a tool that some shoppers use to educate themselves about their purchase and to find out more about it. Business could use YouTube to further convince shoppers that they are making the right purchasing decision There is an incentive for businesses to look at driving the right intentful content on Youtube Want more? go/shopperpulse Source: Shopper Pulse SEAJP Wave 1 and 2 2021 - Excluding Japan B6a.You mentioned that you used YouTube for planning and exploring about {A6_TEXT}, What type of information were you searching for or happened to notice? Base: Those who watched videos on YouTube for their initial research: SEA n=2,761 VN Shoppers turning to Youtube for both intenful & authentic discovery
  • 23. Proprietary + Confidential Key takeaways for 2022 Mega Sales: Intent Driven Approach (to convert low-hanging fruits) Discovery Driven Approach (persuade high-hanging fruits) Easier to convert Harder to convert When users search everything about you and around you, they are likely to buy Youtube is an intent-driven platform. Hence, video assists users to buy your offerings Win all intent demands throughout the holiday period, not just one date.
  • 24. Mary Van Google SEA Can Ekim Regional Prod. Lead The 2022 Mega Sale Champion Formula
  • 25. Proprietary + Confidential The Mega Sale Champion Formula What's new in our strategy? Better Together for Your Mega Sale! Purpose: Maximise all of high intent traffics to convert untapped sales opportunities. > Increase coverage. > Utilise untapped opportunities. > Reach, influence and drive your customers across discovery & purchase phases.
  • 26. Mary Van Google SEA Mega Sale Strategy with Search
  • 27. Proprietary + Confidential The Common Misconceptions about Search ? Technicality Search structure seems to be so complex to me? Does this sound familiar to you Competitiveness Only my Brand Search has good ROI, why other categories only show competitors? Eligible Impression I have already maximised all the target impression share? Return on Investment My impression share keeps reducing, it’s like throwing $ to the window
  • 28. What you normally do Keywords are words/phrases you bid on… … *trying to find* which user searches... … you want your Brand to show on. handbags Search - Handbags “I want to capture all the existing demand, I just don’t know HOW”
  • 29. Utilise untapped Opportunity with Performance Max Increase Coverage with Keyword expansion & Search structure What you don’t know about Mega Sales just yet
  • 31. Keyword Expansion Go beyond Brand Keyword with product category & affinity keyword Broad Match Finds new, high-performing queries, emerging trends Smart Bidding Delivers the right bid for each query at the right price The Triple Formula that YOU must care to expand Search Coverage
  • 32. Proprietary + Confidential Video reach campaigns Display remarketing + Video action campaigns Category search Branded search Volume & CPAs Max out budget Keyword expansion approach: you don’t just pull them, you need to push them Keyword expansion
  • 33. Proprietary + Confidential Capture interest and demand by showing up when people search for what you offer with Search Google is where people search for what to do, where to go, and what to buy. Your digital ads can appear on Google at the very moment someone is looking for products or services like yours. The market earth Where you are REALLY cover Keyword expansion Where you are ELIGIBLE to cover
  • 35. +20% in conversions at the same CPA or ROAS Broad match when used with Smart Bidding Increase efficiency Save time Expand reach Be relevant +19% in conversions value Use Broad match and Smart Bidding together help to unlock more COVERAGE #bettertogether Source: Google Internal Data - Date range: 2021-04-01 to 2021-04-07 Broad Match
  • 36. 5 triệu VND 10 triệu VND 20 triệu VND A B C Focusing on getting as many transactions/ orders as possible WITHOUT considering the value of the transactions/ orders Focusing on getting as much REVENUE as possible to the business. Additionally, by setting a target ROAS, you can achieve the desirable profitability for your businesses Maximize Conversion Value/ tROAS Maximize Conversion/ tCPA You are likely to sell more product A with Max Conv./ tCPA You are likely to sell more product B & C with Max Conv. Value/ tROAS Value-based bidding strategy help business maximise revenue efficiently Smart Bidding
  • 38. Shopping Gmail Search YouTube Discover Display Maps +12% uplift in Conversion Value at similar ROAS as compared to Smart Shopping Campaigns Performance Max serves across surfaces by tapping on missed opportunities to grow online sales In CSS Program Countries, Performance Max campaigns can be used with any Comparison Shopping Service (CSS) you work with. The ads will show on general Search results pages and on any other surfaces the CSS has opted in to. 1. Google Data, Jan 2018 - May 2019. Based on aggregated results of A/B traffic split for 690 advertisers using Smart Shopping campaigns and 142 campaigns using Target ROAS Smart Bidding for Shopping campaigns. 2. Google Data, Global, Ads, Sept 2021 - Oct 2021. Uplift stats have been revised downwards to account for potential cannibalization of standalone Search campaigns *Pmax with Shopee customers are seeing 2.73X higher ROAS than Standard Shopping Campaigns
  • 39. Video case study Think with Google article Beauty of automation: How L’Oréal Vietnam won big during mega sales with Performance Max L’Oréal Vietnam
  • 40. Mega Sale Strategy with Youtube & Discovery Can Ekim Regional Product Lead
  • 42. Search is extremely important. But there is more to grow your sales with Google! 100 Searches for your product/service Clicks to your website 2 assuming 20% CVR Conversions on your website 10 untapped in-market consumers assuming 10% CTR unconverted site visitors Source: YouTube Internal Data, Global, Jan 2019 - May 2019
  • 43. 1 Source: Internal Google Data, July 2020 2 Source: Google Data, Global. Jan 2015-June 2018, Compared to advertisers that run Search only. But wait, there's more! Discovery and Video action campaigns boost performance for your existing Search campaigns Advertisers that run Discovery ads in addition to Search Ads see1 more Search conversions +12% Advertisers that run YouTube ads in addition to Search Ads see2 +8% -4% higher search conversion volume lower search CPA
  • 45. Discovery campaigns Video Action Campaigns Trueview for Reach We will use 3 products depending on your business type! Pure online sales Lead gen for retail / Cash on delivery
  • 46. Catching up on interests Reading through emails Discovering videos
  • 48. ACCESS DISCOVER What’s essential for a modern media strategy? Influencing customers across the discovery & purchase phases to drive business outcomes
  • 49. Video Action Campaigns Discovery Campaigns Vietnam Retail Mega Sales Strategy for Online Purchase KPI Bidding Audience Frequency cap Extension Budget Distribution Google ads Conversions (macro and micro) Max Conv, tCPA, Max conversion value, tROAS Ad groups: Remarketing, Customer match, Custom Audiences (past google searches), In-market. *Optimized targeting on. No need GMC feed & Sitelinks 50% Google ads Conversions (macro and micro) Max conversions, tCPA, tROAS(beta) Ad groups: Remarketing, Customer match, Custom Audiences (past google searches). *Optimized targeting on. N/A GMC feed (*beta) & Sitelinks 50%
  • 50. Trueview for Reach Discovery Campaigns Vietnam Retail Mega Sales Strategy for Lead Gen for Retail KPI Bidding Audience Frequency cap Extension Budget Distribution Reach & Unique reach CPM Ad groups: Upper funnel (Demo, Affinity, In-market). Build remarketing lists from this campaign. Exclusion: Cartoons as topic. 3 view per day / 5 impression per day. - (Include Call to Action to video) 30% Google Ads Conversions (macro and micro). OCI recommended Max conversions, tCPA, tROAS(beta) Ad groups: Remarketing, Customer match, Custom Audiences (past google searches, URLs and apps).*Optimized targeting off. N/A GMC feed (*beta) & Sitelinks 70%
  • 51. Timeline for campaign algorithm to learn Planning phase Before launch Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 ● Plan KPIs ● Implement Google Tag ● Implement Enhanced conversions & data-driven attribution Learning period (no changes!) Allow for up to 2 weeks ● Let us know if you need help with creative ● Campaign best practices audit Video Action / Discovery campaign running (include Display for amplified impact) Measure while accounting for conversion time lag Monitor Account CPA/ROAS Get a Full value report Continue always-on / expand into upper funnel LAUNCH 1. Plan: Set up goals 2. Launch: Build your measurement base, creative strategy & campaigns. 3. Evaluate: Measure full value & expand.
  • 52. Creative is the greatest driver of ROI 1Source: Nielsen Catalina Solutions. Nearly 500 campaigns across all media platforms, Period 2016-Q1 2017 Creative is the greatest driver of ad campaign outcomes, driving up to 49% revenue contribution.1 36% Media 15% Brand Revenue contribution in percent Creative Please ask your Google team to guide you on creative best practices for Video and Discovery campaigns!
  • 53. Adjust your creatives for Mega Sales events Seasonal events and limited promotions require a dedicated creative. Save money and additional production time by making your ads with Video creation in Google Ads. Use relevant promotional messaging Include text overlays to showcase general holiday or event-related messaging (i.e. gifting) or to showcase a limited time promo code, site-wide sale, etc. Refresh your creative with seasonal image assets Replace generic year-round product images with holiday/event -specific assets, include imagery showcasing holiday themes, or feature inventory that goes on sale during the holiday season/event. Test multiple call-to-actions Create multiple video ads with a simple CTA change. The more ad variants you have, the more the campaign has to choose from to optimize performance! 10% off becomes 50% off for Black Friday only Imagery becomes holiday themed for seasonality CTAs become custom and holiday specific
  • 54. Q&A Contact sales for Audit and Consulting package 25.000.000 VND Google Ads voucher 5.600.000 VND
  • 55. Proprietary + Confidential #2 Rethink on the Holiday strategy & Activation
  • 56. HumanTruths Unplanned and fast switching consumers in holiday shopping. Common misunderstandings about performance for holiday season. Source: NielsenIQ 66%of shoppers’ purchases are unplanned/switching. Shoppers in Vietnam are opened to new information before deciding on their purchases during holiday season. Only 30% of shoppers in Vietnam make their purchases right away. 70% shoppers prefer to wait for holiday to purchase. 97% of shoppers in Vietnam have participated in holiday shopping.
  • 57. HumanTruths Right media plan based on “right” consumer journey? Common misunderstandings about performance for holiday season. Most of brand only focus timing near to sales event. According to Google, Most shopping festivals observe an acceleration of search interest 3 - 5 weeks ahead of the sales event. According to NielsenIQ, running “after party” can help win around 20% customer. Miss CPE, miss millions fuel growth. Too focus on promotion activity, miss engagement activities. According to McKinsey, “optimizing consumer promotions and engagement (CPE) can help companies realize up to 10 to 30 percent savings in marketing spend. “ Miss Omnichannel, miss high chance to reach potential customer. According to NielsenIQ, shoppers of VN discover information from many sources while Google & Youtube are one of main key discovery channels.
  • 58. HumanTruths Different customer behaviour different customer journey The right strategy based on the right customer journey help brand win customer for holiday season Source: Philip Kotler Aware Appeal Act Advocate Ask ATTRACTION CURIOSITY COMMITMENT AFFINITY
  • 59. HumanTruths Different customer behaviour different customer journey The right strategy based on the right customer journey help brand win customer for holiday season Source: Philip Kotler A 1 A 2 A 3 A 4 A 5 Goldfish A 1 A 2 A 3 A 4 A 5 Door Knob A 1 A 2 A 3 A 4 A 5 Trumpet A 1 A 2 A 3 A 4 A 5 Funnel CUSTOMER JOURNEY Lengthy and thorough evaluation before buy Involve multiple stakeholders Have prior expectation and preference. Have low attachment toward brand. Highly involved in purchase decision. Have confidence in brand quality Purchase is mostly planned. Trust real experience not claim.
  • 60. HumanTruths Different customer behaviour different customer journey The right strategy based on the right customer journey help brand win customer for holiday season A1 A2 A3 A4 A5 Goldfish CUSTOMER JOURNEY Lengthy and thorough evaluation before buy Involve multiple stakeholders
  • 61. HumanTruths Roadmap/Phases for holiday season The right strategy based on the right customer journey help brand win customer for holiday season Pre-teasing Cut through the noise and stand out 3 - 5 weeks Teasing & D-day Ram up and nature shopping intent 1 - 2 weeks Post - Event Build relationships & engagement 1 week +
  • 62. HumanTruths Combine roadmap/phases between consumer journey for holiday season The right strategy based on the right customer journey help brand win customer for holiday season 5A A1 A2 A3 A4 A5 JOURNEY AWARE APPEAL ASK ACT AVOCATE Roadmap/ Phases Pre-teasing Pre-teasing Teasing D-Day & Thank you day D-Day & Thank you day Objective Customers’ attention Customers’ interest Consideration Convert Cross-sale Result Engagement, video view, page like Page view/ Product view Add to Cart Purchase Purchase Target Broad Audience Base LAL: 1-2-5% visitors & engagers Broad Audience Retargeting upper funnel Potential Audience - Website visitor (Home page 7D - 14D - 30D - 90D - Page engagers (Like page, interact with post, view video) Potential Audience - Add to cart users - Retargeting purchaser (Theo timeline) Core Audience - Retargeting purchasers: Top revenue, purchase frequency Key activities Countdown to big sales Gamification Gamification with limited Time only Winning voucher Up sales Freeship Buy together program Buy 1 get discount for next buy Door Knob CUSTOMER JOURNEY Have prior expectation and preference. Have low attachment toward brand. A1 A2 A3 A4 A5
  • 63. HumanTruths 3 key highlights you should remember for holiday season. Summary Define consumer journey Lean & Full Media Plan More focus on CPE 1. Target customer 2. Category/Industry 3. Objective 1. Omnichannel 2. Full phase of Mega Sale For each steps in 5A
  • 64. HumanTruths Lean Digital Marketing Consultation Contact sales for Audit and Consulting package 25.000.000 VND Thank you for your attention! Google Ads voucher 5.600.000 VND
  • 66. Q&A Contact sales for Audit and Consulting package 25.000.000 VND Google Ads voucher 5.600.000 VND
  • 67. Proprietary + Confidential #3 Rethink with a Branding Commerce approach
  • 68. Have you prepared your Marketing Plan for the upcoming Mega-sale season of end 2022 - beginning of 2023?
  • 69. HumanTruths Does your Marketing Plan include the following? Rely on % of revenue only to estimate the marketing budget. Majority of the budget is allocated to sales conversion or branding only. Create huge discounts to maximize purchasing. Are the above BEST PRACTICES? 1 2 3
  • 70. HumanTruths 50-50-50 rule 50% of the companies on the market are investing 52% less than the optimal budget, which can increase their ROI by 50%. Source: Nielsen Big discount promotion? Identifying Marketing Budget Branding vs. Conversion
  • 71. HumanTruths SOV rule: Marketing budget should also align with the brand’s SOM Share of voice Share of market 0% 2% 4% 6% 8% 2% 4% 6% 8% 10% 10% SOV > SOM Brand tend to grow SOV < SOM Brand tend to shrink Correlation: 99% Source: Les Binet, The long and the short of it, IPA Big discount promotion? Identifying Marketing Budget Branding vs. Conversion
  • 72. HumanTruths Big discount promotion? Identifying Marketing Budget Branding vs. Conversion Conversion ● Revenue increases as spending increases but efficiency reduces ● Restricted by existing demand and current brand awareness Branding ● Shift the curve up ● Decrease price sensitivity and increase margin ● Increase 1% awareness and consideration => increase 1% future sales and decrease 1% CAC - the costs to acquire 1 new customer in short term (Nielsen) Revenue Ads Spend Branding Conversion Combining branding and conversion campaign is a must to grow brand and business
  • 73. HumanTruths Big discount promotion? Identifying Marketing Budget Branding vs. Conversion ■ Messaging to Influence Consumer Perceptions and behaviors ■ Broad Reach ■ Long Term ■ Drives Future Sales, cashflow, ■ Messaging to Influence Consumer Purchases ■ Narrow Reach ■ Short Term ■ Drives Immediate Sales Upper-funnel Marketing Lower-funnel Marketing Conversion focuses on capturing existing short-term demand, while brand building can generate long-run and short-run cash flows
  • 74. HumanTruths Big discount promotion? Identifying Marketing Budget Branding vs. Conversion 0% 1.7% 1.8% 2.9% 3.1% 3 m 6 m 1 y 2 y 3 y+ Campaign Duration Price effect Brands make big profit increase through 1) sales volume increase AND 2) price/margin increase Price margin increase is difficult to do and take a long time to achieve, requires stronger brand Aggressive discounts help conversion now, but also increase price sensitivity, i.e. damaging to brand Big discounts could help drive sales volume in the short term, but may damage profit in the long term 23% 28% 33% 34% 36% 3 m 6 m 1 y 2 y 3 y+ Campaign Duration Volume growth 4% 8% 9% 14% 15% 3 m 6 m 1 y 2 y 3 y+ Campaign Duration Profit growth Source: Les Binet, The long and the short of it, IPA
  • 75. HumanTruths Big discount promotion? Identifying Marketing Budget Branding vs. Conversion Promotion should aim to maintain price but give more values to customers Instead of big discounts: - Discount - Voucher … Give more values to customers: - Lucky draw - Gifts - Combo - Shipping fee - … Or, shift promotion budget to advertising budget to drive up sales
  • 77. HumanTruths CONCEPT Develop ideas/concepts for marketing & advertising business impact mindset. PLATFORM Design /Optimize landing page, website and mobile application for higher conversion. STRATEGY Skyrocket businesses result with comprehensive strategy based on 7Ps model. RESEARCH Conduct market, customer, and competitor research for strategy development SALES CAMPAIGN MANAGEMENT Plan, execute & manage sales campaigns that drive business growth. MERCHANDISING Optimize user experience through merchandising and engagement activities. COMMERCIAL Develop strategy and manage commercial activities (e.g. product, price) CREATIVE PRODUCTION Produce creative assets. MEDIA Plan & optimize multi media channels (Paid - Own - Earn) OUR SERVICES TECH & DATA Build tracking links and data measurement system for data collection & analysis, campaign optimization, and performance report. PMAX SOLUTION | TOTAL PRODUCT LINES
  • 78. PMAX SOLUTION PMax’s multiple product lines connect into branding commerce solution to drive best business impact for client, for short term and long term Branding Commerce Branding solution Ecommerce solution Social commerce solution Lead gen solution Research Strategy Platform Media Creative production Campaign Commercial Merchandising Tech & Data Concept
  • 79. PMAX’s USPs PMAX’s branding commerce solution differentiates being integrated end-to-end Branding Commerce Branding Commerce COMMON PRACTICE PMAX’S PRACTICE PMAX - Total performance marketing COMMON PRACTICE Media agency Creative agency PMax’s USPs: Integrated end-2-end on: ● Full funnel with branding commerce solution ● Full product lines ● Full workflow: planning to optimization to measurement
  • 80. PMAX SOLUTION With branding commerce solution, PMAX can address all challenges that many brands face during holiday season Branding Commerce Marketing Budget as % of revenue only Over-focus on sales activation campaign Heavy discounts Strategy to determine budget based on: ● % of revenue ● SOV ● Business objective ● Competitiveness level Integrated branding commerce solution Strong commerce strategy including both product, pricing, advertising to maximize profit short and long term Issues 1 2 3
  • 81. Q&A Contact sales for Audit and Consulting package 25.000.000 VND Google Ads voucher 5.600.000 VND
  • 83. Audience Q&A Session ⓘ Start presenting to display the audience questions on this slide.
  • 84. Contact sales for Audit and Consulting package 25.000.000 VND Google Ads voucher 5.600.000 VND Survey