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#digiespresso
Is Traditional Media Planning in the
Digital Age Broken?
#digiespresso
We are living in the age of
rapid iterations
Marketing is having an innovation renaissance.
Market Fit
1980’s
Market Research
1990’s
Campaign Analysis
2000’s
Real-Time
Today
We are seeing shorter and more frequent cycles of optimisation
Media
Planning
Media
Buying /
Trading
Post
Campaign
Analysis
Has media planning adapted to this new era?
Publisher Time
Lead to the era of Mad Men –
image of Don Draper
Men revered like prophets for their ability to get it ‘right’, creating an unattainable task for advertisers who were
forced to outsource.
A touch of
Facebook and a
pinch of Youtube
should do the trick!
New ingredients, same method…
More ingredients…same outcome.
The internet is building walls. The best walls.
If not channel based selection, then what?
Facebook
Moves From Ad Types to Objectives
Salesforce buys Krux for $700 Million
From CRM company to Full Marketing Cloud
Is there a common trend?
CHANNEL PLANNING MINDSET PLANNING
• Fixed messages
• Channel bias
• Lack of data passing through
Old World
• Ongoing optimisation
• Planned ad logic and sequencing
• Validated against specific and
measurable KPIs
New World
Media PlanningEstablish a new Advertiser-
centric hierarchy
Advertiser
Campaign
Layer
Channel
Source
Switch to a full
funnel mindset
Awareness
Engagement
Leads
Direct
Response
Acquisition
Engaged Visitors
Leads
Quotes/Enquiries
Completed Views
Sales
One Audience Group, many Audience Strategies
Plan the Messaging Conversation
Time based campaigns only
Time-based to Always-On Planning
2.5
2.7
2.9
3.1
3.3
3.5
3.7
3.9
4.1
4.3
4.5
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CPA
Time-based Performance
Campaign 1
Campaign 2
Campaign 3
?
2.5
2.7
2.9
3.1
3.3
3.5
3.7
3.9
4.1
4.3
4.5
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CPA
Time-based Performance
Campaign 1
Campaign 2
Campaign 3
2.5
2.7
2.9
3.1
3.3
3.5
3.7
3.9
4.1
4.3
4.5
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CPA
Time-based Performance
Campaign 1
Campaign 2
Campaign 3
Establish a baseline
We are living in the age of
rapid iterations
FROM MEDIA PLANS TO
MINDSET PLANS
#digiespresso
Let’s Take Your Marketing
To New Heights:
+61 (0)2 8412 3600
info@benchplatform.com

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Is Traditional Media Planning in the Digital Age Broken? | Gil Snir, Bench | Digital Espresso Breakfast August 2017

Editor's Notes

  1. I want to talk about innovation. And I wanted to Benchmark innovation against some of the other bid trends USB Remote control Cash Advertising rate card
  2. One of the biggest changes I’ve noticed especially in the last 10 years are that our cycles of optimisation have become shorter and faster 1980s – product market fit was the catalyst for deicidng whether to launch a new product line or not. 2-3 year cycles 1990’s – Market research. 6 – 12 month cycles 2000s – Campaign insights. 3-6 month cycles Today – Split second, daily, weekly, monthly
  3. Who here has a process of planning that looks something like this?
  4. Not sharing impression data with 3rd party providers Doubleclick whispering to advertisers that they should be using their tech stack. Answer is neither are correct and the truth should sit with you as an advertiser, verifying the data on your side, to your own metrics
  5. Objectives are more important than sources. Who? Medtronics
  6. Contiki. SBS. HBF and digital balance analysis of how
  7. I want to talk about innovation. And I wanted to Benchmark innovation against some of the other bid trends USB Remote control Cash Advertising rate card