Driving Real ROI With Facebook
                                        Jared Roy
Senior Director, Performance Marketing, Webtrends
Only 60% of National Advertisers are
measuring the ROI of their social
media efforts

Association of National Advertisers “2012 Digital/Social Media Survey”
Facebook Campaign Optimization
•  At Webtrends, we help customers meet their specific
   social media objectives through proven strategies
   leveraging our world-class products and services.
•  Whether your objectives are fan growth,
   engagement or monetizing existing fans,
   Webtrends leverages strategy, targeted ad buys,
   engaging Facebook applications, and deep
   measurement to reach those goals.
Webtrends Maximizes Social ROI
•  Some of our customers using our Webtrends
   Facebook Campaign Optimization best practices
   are getting cost per actions that are lower than paid
   search.
•  Using our cross domain tracking, our customers can
   prove when Facebook campaigns drive searches on
   Google days or even weeks later that lead to a
   conversion. That means our customers can give
   Facebook a more comprehensive revenue
   attribution.
Questions to ask yourself
     •    Why are we doing this?
     •    Who is our audience?
     •    What do we want our audience to do?
     •    How do we know it’s working?




Build	
  your	
  audience	
                     6
Why are we doing this?
   •     Create Awareness
   •     Increase Sales
   •     Customer Service
   •     Market Research




Build	
  your	
  audience	
  
The Webtrends Approach
1.  Build your audience
2.  Market to & monetize your fans
3.  Measure & optimize
Step	
  1	
  –	
  Build	
  your	
  audience	
  
The Truth About Facebook Posts"




      Source: PageLever




Build	
  your	
  audience	
  
Facebook Targeting With Personas
  1.  Use geographic and demographic data to
      REFINE your personas, not to DEFINE them
  2.  Break out interests into logical personas




Build	
  your	
  audience	
  
Persona Targeting Mistakes
  1. Demographic targeting only

                                Demographic targeting only




Build	
  your	
  audience	
  
Persona Targeting Mistakes
  2. Geographic targeting only




Build	
  your	
  audience	
  
Persona Targeting Mistakes
  3. Interest clumping only




Build	
  your	
  audience	
  
The Biggest Targeting Mistake:
                   Cluelessness




Build	
  your	
  audience	
  
Getting It Right




Build	
  your	
  audience	
  
Step	
  2	
  –	
  Market	
  to	
  &	
  Mone7ze	
  
                   Your	
  Fans	
  
Facebook Ad Primer
    •     Sponsored stories
    •     Page post ads
    •     Promoted posts
    •     Marketplace ads




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Sponsored Stories
    Are built around user activity and advertisers
    pay to highlight an action to be shown to a
    user’s friends




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Page Post Ads
    •  Advertisements that begin as posts on a
       fan page but get additional paid
       distribution among fans, friends of fans, or
       non fans & appear in the News Feed or
       the sidebar




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Promoted Posts
    •  Promoted Posts are similar to Page Post Ads,
       but they are bought through the Promote button
       on a post itself to existing fans or friends of fans




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Marketplace Ads
    •  Marketplace Ads are desktop sidebar
       advertisements




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Ads To Fans Is The New List Marketing
         •  Fans are 100% opt-in
         •  Ads are your email campaigns
         •  Apps are your landing pages
         •  Facebook fan page is your website




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Ads To Fans
                        Ad"




                    .05%"                  Avg. CTR of ads to non-fans"




                    .35%"                  Avg. CTR of ads to fans "




Market	
  to	
  &	
  mone3ze	
  your	
  
                 fans	
  
Step	
  3	
  –	
  Measure	
  &	
  Op7mize	
  
Become an Analytics Geek
Pu@ng	
  It	
  All	
  Together	
  
Example: Motorcycle Superstore
•  Used to do interest clumping
Persona Development
•  Objective: fan growth
•  Created 3 personas: Sport bike riders,
   Cruiser riders, Dirt Bike riders
Original ad ran for three months




  Increased CTR 3X
Persona ads rotated creative every 72 hours

  Reduced fan acquisition from $0.80 to $0.33
Example: Motorcycle Superstore
Objective: Monetize fans


     Targeted at Fans
     Segmented by personas
Avg Order Value
1.  Email $129.94
2. Social $127.09
3.    Search $124.37
4.    None/Organic $111.74
5.    Affiliate $109.61
6.    Display $104.30


Apps are ideal
landing pages for
Facebook ads
Individual products
tagged and optimized
Example: Engage
•  Persona of interest & workplace
•  Ads to .com: CTR = .017%, CVR = .22%,
   CPA = $1,255
Example: Engage
•  Persona of interest & workplace
•  Ads to app to .com:
   CTR = .16% vs .017 over 9X
   CVR = 27% vs .22% over 122X
   CPA = $99 vs $1,255, $1,156 less
Page Post Ads
•  Ads to non fans CTR .12%
•  Ads to fans CTR .31%
•  Over 2.5X
Facebook Campaign Best Practices
1) Develop personas prior to doing any advertising

2) Use many highly targeted ads, not one big reach ad

3) Refresh creative because ad CTR peaks within 72 hours

4) Target ads to fans for conversion because they click 7X more
on ads than non-fans

5) Link ads to Facebook apps instead of websites because they
get over 2X the conversion rate & CPC of 29% less

6) Measure & optimize through analytics
Webtrends Social Solutions
Social Marketing Solutions provide the measurement strategy, services, and technology
          necessary for proving the effectiveness of your social campaigns.



                    The Three P’s for Success

       Product                      Practice                       Partners
Sessions You Must See
•    What To Measure in Social
     Wednesday @ 10:10am
     •  Susan Etlinger. Industry Analyst, Altimeter Group
     •  Merlyn Gordon. Senior Product Marketing Manager, Webtrends

•    Facebook Campaign Optimization Panel Discussion
     Wednesday @ 11:10am
     •  Eric Christopher. Vice President of Sales, Shoutlet
     •  Greg Gunn. Vice President Business Development, Hootsuite
     •  Merlyn Gordon. Senior Product Marketing Manager, Webtrends
     •  Jared Roy. Director Performance Marketing, Webtrends

•    Designing A Measurement Framework For The Social Enterprise
     Wednesday @ 2:40pm
     •  Susan Etlinger. Industry Analyst, Altimeter Group
     •  Jeff Seacrist. VP Product Marketing Partner Solutions, Webtrends

•    Driving Conversion With Performance Marketing
      Wednesday @ 3:40pm
      •  Kirk Ramble. Principal Optimization Consultant Webtrends
Rate
 Session
   &
Speakers/
Panelists
Thank You
Questions?



Jared Roy
Jared.Roy@webtrends.com

blogs.webtrends.com

@jaredroy
Most Important Targeting Concept:
           Personas

Engage 2013 - Driving ROI with Facebook

  • 1.
    Driving Real ROIWith Facebook Jared Roy Senior Director, Performance Marketing, Webtrends
  • 3.
    Only 60% ofNational Advertisers are measuring the ROI of their social media efforts Association of National Advertisers “2012 Digital/Social Media Survey”
  • 4.
    Facebook Campaign Optimization • At Webtrends, we help customers meet their specific social media objectives through proven strategies leveraging our world-class products and services. •  Whether your objectives are fan growth, engagement or monetizing existing fans, Webtrends leverages strategy, targeted ad buys, engaging Facebook applications, and deep measurement to reach those goals.
  • 5.
    Webtrends Maximizes SocialROI •  Some of our customers using our Webtrends Facebook Campaign Optimization best practices are getting cost per actions that are lower than paid search. •  Using our cross domain tracking, our customers can prove when Facebook campaigns drive searches on Google days or even weeks later that lead to a conversion. That means our customers can give Facebook a more comprehensive revenue attribution.
  • 6.
    Questions to askyourself •  Why are we doing this? •  Who is our audience? •  What do we want our audience to do? •  How do we know it’s working? Build  your  audience   6
  • 7.
    Why are wedoing this? •  Create Awareness •  Increase Sales •  Customer Service •  Market Research Build  your  audience  
  • 8.
    The Webtrends Approach 1. Build your audience 2.  Market to & monetize your fans 3.  Measure & optimize
  • 9.
    Step  1  –  Build  your  audience  
  • 10.
    The Truth AboutFacebook Posts" Source: PageLever Build  your  audience  
  • 11.
    Facebook Targeting WithPersonas 1.  Use geographic and demographic data to REFINE your personas, not to DEFINE them 2.  Break out interests into logical personas Build  your  audience  
  • 12.
    Persona Targeting Mistakes 1. Demographic targeting only Demographic targeting only Build  your  audience  
  • 13.
    Persona Targeting Mistakes 2. Geographic targeting only Build  your  audience  
  • 14.
    Persona Targeting Mistakes 3. Interest clumping only Build  your  audience  
  • 15.
    The Biggest TargetingMistake: Cluelessness Build  your  audience  
  • 16.
    Getting It Right Build  your  audience  
  • 17.
    Step  2  –  Market  to  &  Mone7ze   Your  Fans  
  • 18.
    Facebook Ad Primer •  Sponsored stories •  Page post ads •  Promoted posts •  Marketplace ads Market  to  &  mone3ze  your   fans  
  • 19.
    Sponsored Stories Are built around user activity and advertisers pay to highlight an action to be shown to a user’s friends Market  to  &  mone3ze  your   fans  
  • 20.
    Page Post Ads •  Advertisements that begin as posts on a fan page but get additional paid distribution among fans, friends of fans, or non fans & appear in the News Feed or the sidebar Market  to  &  mone3ze  your   fans  
  • 21.
    Promoted Posts •  Promoted Posts are similar to Page Post Ads, but they are bought through the Promote button on a post itself to existing fans or friends of fans Market  to  &  mone3ze  your   fans  
  • 22.
    Marketplace Ads •  Marketplace Ads are desktop sidebar advertisements Market  to  &  mone3ze  your   fans  
  • 23.
    Ads To FansIs The New List Marketing •  Fans are 100% opt-in •  Ads are your email campaigns •  Apps are your landing pages •  Facebook fan page is your website Market  to  &  mone3ze  your   fans  
  • 24.
    Ads To Fans Ad" .05%" Avg. CTR of ads to non-fans" .35%" Avg. CTR of ads to fans " Market  to  &  mone3ze  your   fans  
  • 25.
    Step  3  –  Measure  &  Op7mize  
  • 26.
  • 27.
    Pu@ng  It  All  Together  
  • 28.
    Example: Motorcycle Superstore • Used to do interest clumping
  • 29.
    Persona Development •  Objective:fan growth •  Created 3 personas: Sport bike riders, Cruiser riders, Dirt Bike riders
  • 30.
    Original ad ranfor three months Increased CTR 3X Persona ads rotated creative every 72 hours Reduced fan acquisition from $0.80 to $0.33
  • 31.
    Example: Motorcycle Superstore Objective:Monetize fans Targeted at Fans Segmented by personas
  • 32.
    Avg Order Value 1. Email $129.94 2. Social $127.09 3.  Search $124.37 4.  None/Organic $111.74 5.  Affiliate $109.61 6.  Display $104.30 Apps are ideal landing pages for Facebook ads Individual products tagged and optimized
  • 33.
    Example: Engage •  Personaof interest & workplace •  Ads to .com: CTR = .017%, CVR = .22%, CPA = $1,255
  • 34.
    Example: Engage •  Personaof interest & workplace •  Ads to app to .com: CTR = .16% vs .017 over 9X CVR = 27% vs .22% over 122X CPA = $99 vs $1,255, $1,156 less
  • 36.
    Page Post Ads • Ads to non fans CTR .12% •  Ads to fans CTR .31% •  Over 2.5X
  • 37.
    Facebook Campaign BestPractices 1) Develop personas prior to doing any advertising 2) Use many highly targeted ads, not one big reach ad 3) Refresh creative because ad CTR peaks within 72 hours 4) Target ads to fans for conversion because they click 7X more on ads than non-fans 5) Link ads to Facebook apps instead of websites because they get over 2X the conversion rate & CPC of 29% less 6) Measure & optimize through analytics
  • 38.
    Webtrends Social Solutions SocialMarketing Solutions provide the measurement strategy, services, and technology necessary for proving the effectiveness of your social campaigns. The Three P’s for Success Product Practice Partners
  • 39.
    Sessions You MustSee •  What To Measure in Social Wednesday @ 10:10am •  Susan Etlinger. Industry Analyst, Altimeter Group •  Merlyn Gordon. Senior Product Marketing Manager, Webtrends •  Facebook Campaign Optimization Panel Discussion Wednesday @ 11:10am •  Eric Christopher. Vice President of Sales, Shoutlet •  Greg Gunn. Vice President Business Development, Hootsuite •  Merlyn Gordon. Senior Product Marketing Manager, Webtrends •  Jared Roy. Director Performance Marketing, Webtrends •  Designing A Measurement Framework For The Social Enterprise Wednesday @ 2:40pm •  Susan Etlinger. Industry Analyst, Altimeter Group •  Jeff Seacrist. VP Product Marketing Partner Solutions, Webtrends •  Driving Conversion With Performance Marketing Wednesday @ 3:40pm •  Kirk Ramble. Principal Optimization Consultant Webtrends
  • 40.
    Rate Session & Speakers/ Panelists
  • 41.
  • 42.
    Most Important TargetingConcept: Personas