SlideShare a Scribd company logo
The Always-On
Approach
How to Continually Improve Your
Streaming Advertising with Incrementality
FEATURING:
Today’s Logistics
Kerry Mallett
Senior Content Specialist,
Webinar
Recording & slides will be in your inbox
shortly after the session
Download relevant resources
Join our chat and submit questions for live Q&A
Log back anytime with same link
Join our poll questions - including if you want to talk to
our teams after!
WE’VE MASTERED THE
MEDIA THAT
MATTERS MOST
Tinuiti is the largest independent performance
marketing firm across Streaming TV and the
Triopoly of Google, Facebook, Amazon.
Employees
Media managed
Award-winning
culture*
$3B
#1
1000+
Some of
Our Clients
Our
Recognition
For Commerce Leaders Of Today And The Future
Our Speakers
PHILIP RUNDALL
Senior Manager of
Economics
TINA MOFFETT
Principal Analyst
LAUREN WOLFEN
VP of Client Strategy &
Analytics
WITH GUEST SPEAKER
Agenda
● Improve Your Streaming With Incrementality Testing
● Introduction To Randomized Controlled Experiments
● Incrementality Case Study
● Traditional And Updated Incrementality Testing
● What Is Incrementality & Always-On Incrementality?
● What This Means For Modern Marketers
6
What is your comfort level with
experimental methods from other
channels?
● Very comfortable
● Somewhat comfortable
● Not comfortable
POLL
How much of a priority is building
experiments to measure incrementality?
● A big priority
● Somewhat a priority
● Not a priority
POLL
Improve Your Streaming With
Incrementality Testing
Tina Moffett
Principal Analyst
B2C Marketing Executives
10
© 2022 Forrester. Reproduction Prohibited.
Let me introduce two macro trends that are reshaping
business.
Consumer hyper adoption Digital disruption
Consumers who are always willing to try
new products or services
11
11
© 2017 FORRESTER. REPRODUCTION PROHIBITED.
B2C Marketing Executives have competing priorities
25% Improve
ROI effectiveness.
24% Improve
marketing
alignment and
collaboration with
other
departments.
23% focus on
post-sale
customer
engagement.
12
© Forrester Research, Inc. All rights reserved.
Businesses have a
lot to worry about.
Data integrity
Geopolitical fluctuations
Empowered customers
Supply chain stability
Climate change
Economic uncertainty
Human health and wellness
13
© Forrester Research, Inc. All rights reserved.
Massive hurdles prevent data driven marketing decisions
Source: Forrester Global Marketing Survey, 2022 (B2C)
Base: 638 B2C Marketing decision-makers whose do not rate their marketing org's use of measurement and analytics as optimized
Question: Please select the top challenges that prevent your organization from making use of measurement and analytics.
19%
Data materializes too
fast for us to manage.
21%
Inconsistent levels of
data quality.
18%
Buy in on the value of
measurement and
analytics.
“The biggest challenge our marketing measurement
is the speed at which we're analyzing data. The lag
time between getting the data and evaluating the
results is too long.”
--Automotive Marketing Analytics Executive
14
14
© 2019 FORRESTER. REPRODUCTION PROHIBITED.
Unified measurement blend strategic and tactical marketing
measurement to enable customer obsessed strategies
15
© Forrester Research, Inc. All rights reserved.
Experimental design is the process
of carrying out research in an
objective and controlled fashion so
that precision is maximized, and
specific conclusions can be drawn
regarding a hypothesis statement.
Experimentation helps us decipher cause and effect
Source: Science Direct
16
© Forrester Research, Inc. All rights reserved.
B2C marketing executives use experimentation to understand
the incremental impact of marketing
Marketers use experimental designs
to analyze how a marketing campaign
incrementally influences customer
behaviors.
• Provide simplicity and clarity.
• Measures impact of multiple
marketing variables, like creative
and messaging.
17
© Forrester Research, Inc. All rights reserved.
Building experiments require careful development of test
and control cells
Total
Populatio
n
Test Group
Control Group
Test Group
Results
Control Group
Results
Incremental
Lift
Measurement
18
© Forrester Research, Inc. All rights reserved.
Source: Forrester Global Marketing Survey, 2022 (B2C)
Base: 638 B2C Marketing decision marketers
2021
What advanced marketing measurement approaches does your organization use to understand
marketing efficacy?
19
© Forrester Research, Inc. All rights reserved.
Source: Forrester Global Marketing Survey, 2022 (B2C)
Base: 638 B2C Marketing decision marketers
2022
2021
What advanced marketing measurement approaches does your organization use to understand
marketing efficacy?
20
© Forrester Research, Inc. All rights reserved.
Naked Wines used incrementality testing to boost brand
awareness and revenue
• Summary: Wanted to increase
brand awareness in new
Australian market.
• Approach: Developed testing
strategy across key brand specific
channels.
• Results: Increase in brand
awareness 59%, from 40%.
̶ Aggregate market payback
increased.
21
© Forrester Research, Inc. All rights reserved.
Apply core best practices to upstart your incrementality measurement
Build basic statistics and
data literacy.
1
Use your analytics team to
help construct or guide your
incrementality tests.
2
Split test cells across
homogenous populations,
like segment level and
ensure audience and
geo-location areas
consistency for precise
incrementality results.
3
Putting Incrementality
into Practice in Streaming
Experimental Methods in OTT Can Provide More Efficient
Decisions
23
● As omnichannel marketers, we
need to understand
incrementality throughout the
funnel to drive optimal
investment decisions.
● OTT can serve as a full-funnel
marketing tool, broadening
reach and filling the top of the
funnel while producing efficient
acquisition in its own right.
Awareness
Acquisition
There Are A Few Techniques To Understand
Incrementality Throughout The Funnel
Experimental
Methods
Quasi-Experimental
Methods
Observational
Methods
Experimental Methods Are The Gold Standard
25
OTT Incrementality Tests benefit from being experiments.
● Test designed to meet requirements.
● Proper randomization is done.
● Accurately measures incrementality on an OTT publisher.
The basic principle of the test
involves creating two distinct
impression groups: a control group,
and an exposed group.
TV lift tests can often be run with a
conservative budget and a relatively
short time frame to produce
statistically significant results that
equate to a measured lift in response.
Measurement
To understand the incrementality of
TV, we measure and compare the
responses of the control group vs. the
group that saw the commercials over
a distinct time frame and for a
particular KPI.
Test Structure Implementation
Test Overview
Client industry: Wedding
services
KPI: Signups
Test duration: 3 weeks
Property: Hulu Reality Cluster
Total test spend: $30k
Spend ratio: 80% / 20%
(exposed / control)
Findings
Based on the difference in
response rates, the exposed
group was ~6x more likely to
register for an account than
the control group.
Control Group Exposed Group
N= 159k
N= 102 signups
N= 36k
N= 4 signups
4.0
3.8 x 10-5
t-Stat
p-Value
CASE STUDY
Streaming Audience Holdout
Audience Sample
Sample Response
Response Rate
1.1 x
10-4
6.4 x 10-4
Experiments Have Their Practical Limitations
27
Truth in
the test
Truth in
real life
Generalization
Internal
Validity
External
Validity
● Money spent on placebo ads.
● Limited OTT partner capabilities.
● Incrementality changes over time.
● Results to not apply to other publishers.
Incrementality Test Drawbacks Problems With External Validity
Quasi-Experimental Methods Solve Drawbacks And
Maintain Validity
28
● Quasi-experimental methods are used
when randomization is not possible.
● Results are still valid even if
randomization is not used.
● Commonly used in the social sciences.
Always-On Incrementality Allows For Costless,
Continuous, and Campaign-Wide Insights
29
Incrementality: Measuring a funnel
step or action that would not have
occurred without a specific
interaction, such as seeing an
advertisement.
Always-On Incrementality: Constantly
being able to measure the
incrementality of a marketing
campaign. Not just a static
measurement based on a test that
has been run in the past.
Incremental
Conversions
Converted because
they saw the OTT
impression
Background
Responses
Would have
converted
regardless of
exposure to
impression
Video Impressions That Converted
How Always-On
Incrementality Works
30
● Impressions are served on
the same publishers by
multiple clients.
● Behaviorally match
impressions to create
control groups.
● Quantify incrementality.
Daily Measurement Process
What Does This Mean For A Marketer?
31
● With always-on
incrementality, we can
take the guesswork out of
driving a campaign as a
marketer.
● No longer need to apply a
haircut to the results to
get the “real” metrics, now
know the full picture
based on always-on
incrementality.
Key Takeaways Tinuiti/Bliss Point Media:
1. Quasi-experimental methods in OTT can lead
more efficient decisions.
2. Always-on incrementality allows for costless,
continuous, and campaign-wide insights.
Forrester:
1. Create a testing culture in your organization by
sharing success stories and the economic value
of marketing experiments.
2. Build a baseline of analytics literacy. Start with the
constructs of what makes a good test: statistical
significance, population representation, and clear
testing parameters.
Schedule Your
Consultation
with a Streaming
Expert
Q&A
PHILIP RUNDALL
Senior Manager of
Economics
TINA MOFFETT
Principal Analyst
LAUREN WOLFEN
VP of Client Strategy &
Analytics
WITH GUEST SPEAKER
35
Stay informed
on the future of
digital marketing
Visit our content hub
➜
Thank you!

More Related Content

What's hot

What's hot (20)

B2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdfB2B and B2C Content Marketing Trends to Look for in 2023.pdf
B2B and B2C Content Marketing Trends to Look for in 2023.pdf
 
Digital Marketing Plan
Digital Marketing PlanDigital Marketing Plan
Digital Marketing Plan
 
Content Strategy Basics
Content Strategy BasicsContent Strategy Basics
Content Strategy Basics
 
The B2B Content Marketing Workbook
The B2B Content Marketing WorkbookThe B2B Content Marketing Workbook
The B2B Content Marketing Workbook
 
General digital marketing consulting proposal
General digital marketing consulting proposalGeneral digital marketing consulting proposal
General digital marketing consulting proposal
 
Social media strategy
Social media strategySocial media strategy
Social media strategy
 
Social Media Marketing Proposal PowerPoint Presentation Slides
Social Media Marketing Proposal PowerPoint Presentation SlidesSocial Media Marketing Proposal PowerPoint Presentation Slides
Social Media Marketing Proposal PowerPoint Presentation Slides
 
Digital Marketing Proposal
Digital Marketing ProposalDigital Marketing Proposal
Digital Marketing Proposal
 
How to Engage New-to-Brand Amazon Customers in 2023
How to Engage New-to-Brand Amazon Customers in 2023How to Engage New-to-Brand Amazon Customers in 2023
How to Engage New-to-Brand Amazon Customers in 2023
 
Digital Marketing Strategy
Digital Marketing StrategyDigital Marketing Strategy
Digital Marketing Strategy
 
Yummy digital plan
Yummy digital planYummy digital plan
Yummy digital plan
 
Content Marketing Training by Christa Sabathaly
Content Marketing Training by Christa SabathalyContent Marketing Training by Christa Sabathaly
Content Marketing Training by Christa Sabathaly
 
New Product Launches on Amazon: Tactics and Strategies for a Successful Kickoff
New Product Launches on Amazon: Tactics and Strategies for a Successful KickoffNew Product Launches on Amazon: Tactics and Strategies for a Successful Kickoff
New Product Launches on Amazon: Tactics and Strategies for a Successful Kickoff
 
Marketing Strategy for B2B
Marketing Strategy for B2BMarketing Strategy for B2B
Marketing Strategy for B2B
 
Advanced Amazon Advertising Strategies for 2019
Advanced Amazon Advertising Strategies for 2019Advanced Amazon Advertising Strategies for 2019
Advanced Amazon Advertising Strategies for 2019
 
Ecommerce Hacks | Strategies To 10X Ecommerce Sales
Ecommerce Hacks | Strategies To 10X Ecommerce SalesEcommerce Hacks | Strategies To 10X Ecommerce Sales
Ecommerce Hacks | Strategies To 10X Ecommerce Sales
 
Creating Engaging Videos: Everything You Need To Know To Produce Authentic Co...
Creating Engaging Videos: Everything You Need To Know To Produce Authentic Co...Creating Engaging Videos: Everything You Need To Know To Produce Authentic Co...
Creating Engaging Videos: Everything You Need To Know To Produce Authentic Co...
 
Digital Marketing Plan Template
Digital Marketing Plan TemplateDigital Marketing Plan Template
Digital Marketing Plan Template
 
Local Search in 2023 - Must-Know and Must-Do Tactics
Local Search in 2023 - Must-Know and Must-Do TacticsLocal Search in 2023 - Must-Know and Must-Do Tactics
Local Search in 2023 - Must-Know and Must-Do Tactics
 
ECommerce Digital marketing consulting proposal
ECommerce Digital marketing consulting proposalECommerce Digital marketing consulting proposal
ECommerce Digital marketing consulting proposal
 

Similar to The Always-On Approach: How to Continually Improve Your Streaming Advertising with Incrementality

Linking Strategy to Metrics - KPI working Group Presentation 5
Linking Strategy to Metrics - KPI working Group Presentation 5Linking Strategy to Metrics - KPI working Group Presentation 5
Linking Strategy to Metrics - KPI working Group Presentation 5
Chikodi Onyemerela
 
When buzz words collide: what happens with Big Data meets Omnichannel Marketing
When buzz words collide: what happens with Big Data meets Omnichannel MarketingWhen buzz words collide: what happens with Big Data meets Omnichannel Marketing
When buzz words collide: what happens with Big Data meets Omnichannel Marketing
ThinkVine
 
Real intelligence, measuring marketing performance
Real intelligence, measuring marketing performanceReal intelligence, measuring marketing performance
Real intelligence, measuring marketing performance
Nigel Keats
 
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
JunniferParaiso1
 

Similar to The Always-On Approach: How to Continually Improve Your Streaming Advertising with Incrementality (20)

Linking Strategy to Metrics - KPI working Group Presentation 5
Linking Strategy to Metrics - KPI working Group Presentation 5Linking Strategy to Metrics - KPI working Group Presentation 5
Linking Strategy to Metrics - KPI working Group Presentation 5
 
Digital Revenue Engine: Campaigns + Content = Revenue
Digital Revenue Engine: Campaigns + Content = RevenueDigital Revenue Engine: Campaigns + Content = Revenue
Digital Revenue Engine: Campaigns + Content = Revenue
 
Daily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret WeaponDaily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret Weapon
 
Pricing Strategy: How To Win With Subscription Pricing Models
Pricing Strategy: How To Win With Subscription Pricing ModelsPricing Strategy: How To Win With Subscription Pricing Models
Pricing Strategy: How To Win With Subscription Pricing Models
 
Market Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdfMarket Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdf
 
Why So Many Ads? An Introduction To Live Creative Optimisation
Why So Many Ads? An Introduction To Live Creative OptimisationWhy So Many Ads? An Introduction To Live Creative Optimisation
Why So Many Ads? An Introduction To Live Creative Optimisation
 
How to Build Your Perfect Q4 Marketing Mix for a Holistic Holiday Strategy
How to Build Your Perfect Q4 Marketing Mix for a Holistic Holiday StrategyHow to Build Your Perfect Q4 Marketing Mix for a Holistic Holiday Strategy
How to Build Your Perfect Q4 Marketing Mix for a Holistic Holiday Strategy
 
Leveraging Measurement for Effective Audience Targeting and Optimization
Leveraging Measurement for Effective Audience Targeting and OptimizationLeveraging Measurement for Effective Audience Targeting and Optimization
Leveraging Measurement for Effective Audience Targeting and Optimization
 
When buzz words collide: what happens with Big Data meets Omnichannel Marketing
When buzz words collide: what happens with Big Data meets Omnichannel MarketingWhen buzz words collide: what happens with Big Data meets Omnichannel Marketing
When buzz words collide: what happens with Big Data meets Omnichannel Marketing
 
PPC LIVE #9 - Amy Stamper - How to measure Paid Media in a Post-Cookies World
PPC LIVE #9 - Amy Stamper - How to measure Paid Media in a Post-Cookies WorldPPC LIVE #9 - Amy Stamper - How to measure Paid Media in a Post-Cookies World
PPC LIVE #9 - Amy Stamper - How to measure Paid Media in a Post-Cookies World
 
Real intelligence, measuring marketing performance
Real intelligence, measuring marketing performanceReal intelligence, measuring marketing performance
Real intelligence, measuring marketing performance
 
Introducing TrinityP3 Marketing Management Consultants
Introducing TrinityP3 Marketing Management ConsultantsIntroducing TrinityP3 Marketing Management Consultants
Introducing TrinityP3 Marketing Management Consultants
 
Marketing automation software or strategy webinar
Marketing automation software or strategy webinarMarketing automation software or strategy webinar
Marketing automation software or strategy webinar
 
Step by step guide to revenue growth
Step by step guide to revenue growth  Step by step guide to revenue growth
Step by step guide to revenue growth
 
Business Analytics Case on GYF Ads
Business Analytics Case on GYF AdsBusiness Analytics Case on GYF Ads
Business Analytics Case on GYF Ads
 
The ROI of content marketing
The ROI of content marketingThe ROI of content marketing
The ROI of content marketing
 
High Performance ABM Capabilities Benchmark Report
High Performance ABM Capabilities Benchmark ReportHigh Performance ABM Capabilities Benchmark Report
High Performance ABM Capabilities Benchmark Report
 
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
Driving Marketing Efficiency In The Consumer Goods Business With Advanced Ana...
 
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
 
Multi-Channel Attribution - Where do Leads Come From?
Multi-Channel Attribution - Where do Leads Come From?Multi-Channel Attribution - Where do Leads Come From?
Multi-Channel Attribution - Where do Leads Come From?
 

More from Tinuiti

More from Tinuiti (20)

The 15 Minute Breakdown: The Answer to Signal Loss
The 15 Minute Breakdown: The Answer to Signal LossThe 15 Minute Breakdown: The Answer to Signal Loss
The 15 Minute Breakdown: The Answer to Signal Loss
 
How to Master Omnichannel Display and Video for Amazon
How to Master Omnichannel Display and Video for AmazonHow to Master Omnichannel Display and Video for Amazon
How to Master Omnichannel Display and Video for Amazon
 
AMC and the Amazon Sphere: What You Did in 2020 Won’t Work in 2023
AMC and the Amazon Sphere: What You Did in 2020 Won’t Work in 2023AMC and the Amazon Sphere: What You Did in 2020 Won’t Work in 2023
AMC and the Amazon Sphere: What You Did in 2020 Won’t Work in 2023
 
Bottom of Funnel Conversion: Search and Display Strategies to Jump-Start 2023...
Bottom of Funnel Conversion: Search and Display Strategies to Jump-Start 2023...Bottom of Funnel Conversion: Search and Display Strategies to Jump-Start 2023...
Bottom of Funnel Conversion: Search and Display Strategies to Jump-Start 2023...
 
Driving Middle Funnel with Consideration: How to take Advantage of the Newest...
Driving Middle Funnel with Consideration: How to take Advantage of the Newest...Driving Middle Funnel with Consideration: How to take Advantage of the Newest...
Driving Middle Funnel with Consideration: How to take Advantage of the Newest...
 
Finding The New Top of Funnel: Riding The Third Wave
Finding The New Top of Funnel: Riding The Third WaveFinding The New Top of Funnel: Riding The Third Wave
Finding The New Top of Funnel: Riding The Third Wave
 
Bottom of Funnel Conversion: What Your Brand Can Do if Sales Are Down in Q1
Bottom of Funnel Conversion: What Your Brand Can Do if Sales Are Down in Q1Bottom of Funnel Conversion: What Your Brand Can Do if Sales Are Down in Q1
Bottom of Funnel Conversion: What Your Brand Can Do if Sales Are Down in Q1
 
The 15-Minute Breakdown: Clarifying the Misconceptions Behind Buying CTV/OTT
The 15-Minute Breakdown: Clarifying the Misconceptions Behind Buying CTV/OTTThe 15-Minute Breakdown: Clarifying the Misconceptions Behind Buying CTV/OTT
The 15-Minute Breakdown: Clarifying the Misconceptions Behind Buying CTV/OTT
 
5 Myths About Breaking Into the Streaming Space, Debunked
5 Myths About Breaking Into the Streaming Space, Debunked5 Myths About Breaking Into the Streaming Space, Debunked
5 Myths About Breaking Into the Streaming Space, Debunked
 
Turning Shoppers Into Customers: How to Retain Your New Customers Post-Holiday
Turning Shoppers Into Customers: How to Retain Your New Customers Post-HolidayTurning Shoppers Into Customers: How to Retain Your New Customers Post-Holiday
Turning Shoppers Into Customers: How to Retain Your New Customers Post-Holiday
 
2023 Digital Marketing Panels: How Can I Be More Efficient With My Budget and...
2023 Digital Marketing Panels: How Can I Be More Efficient With My Budget and...2023 Digital Marketing Panels: How Can I Be More Efficient With My Budget and...
2023 Digital Marketing Panels: How Can I Be More Efficient With My Budget and...
 
2023 Digital Marketing: How Do I Reach New Customers and Convert Audiences In...
2023 Digital Marketing: How Do I Reach New Customers and Convert Audiences In...2023 Digital Marketing: How Do I Reach New Customers and Convert Audiences In...
2023 Digital Marketing: How Do I Reach New Customers and Convert Audiences In...
 
2023 Digital Marketing Panels: How Can Social Perform Now That Content Is Cha...
2023 Digital Marketing Panels: How Can Social Perform Now That Content Is Cha...2023 Digital Marketing Panels: How Can Social Perform Now That Content Is Cha...
2023 Digital Marketing Panels: How Can Social Perform Now That Content Is Cha...
 
2023 Digital Marketing Panels: How Do I Effectively Use My Data, Especially N...
2023 Digital Marketing Panels: How Do I Effectively Use My Data, Especially N...2023 Digital Marketing Panels: How Do I Effectively Use My Data, Especially N...
2023 Digital Marketing Panels: How Do I Effectively Use My Data, Especially N...
 
2023 Digital Marketing Panels: How Do I Diversify My Presence Online and Get ...
2023 Digital Marketing Panels: How Do I Diversify My Presence Online and Get ...2023 Digital Marketing Panels: How Do I Diversify My Presence Online and Get ...
2023 Digital Marketing Panels: How Do I Diversify My Presence Online and Get ...
 
2023 Digital Marketing Panels: How do I prepare for what’s next in 2023?
2023 Digital Marketing Panels: How do I prepare for what’s next in 2023?2023 Digital Marketing Panels: How do I prepare for what’s next in 2023?
2023 Digital Marketing Panels: How do I prepare for what’s next in 2023?
 
(Another) Wild Year in Data Privacy: What Went Down in 2022 & What to Expect ...
(Another) Wild Year in Data Privacy: What Went Down in 2022 & What to Expect ...(Another) Wild Year in Data Privacy: What Went Down in 2022 & What to Expect ...
(Another) Wild Year in Data Privacy: What Went Down in 2022 & What to Expect ...
 
The New Power Couple: Retail Media & Influencer Drive Conversions
The New Power Couple: Retail Media & Influencer Drive ConversionsThe New Power Couple: Retail Media & Influencer Drive Conversions
The New Power Couple: Retail Media & Influencer Drive Conversions
 
TikTok Roundtable: Advanced Best Practices Across Creative, Advertising, Tren...
TikTok Roundtable: Advanced Best Practices Across Creative, Advertising, Tren...TikTok Roundtable: Advanced Best Practices Across Creative, Advertising, Tren...
TikTok Roundtable: Advanced Best Practices Across Creative, Advertising, Tren...
 
How to Build Your Brand with Kroger Precision Marketing
How to Build Your Brand with Kroger Precision MarketingHow to Build Your Brand with Kroger Precision Marketing
How to Build Your Brand with Kroger Precision Marketing
 

The Always-On Approach: How to Continually Improve Your Streaming Advertising with Incrementality

  • 1. The Always-On Approach How to Continually Improve Your Streaming Advertising with Incrementality FEATURING:
  • 2. Today’s Logistics Kerry Mallett Senior Content Specialist, Webinar Recording & slides will be in your inbox shortly after the session Download relevant resources Join our chat and submit questions for live Q&A Log back anytime with same link Join our poll questions - including if you want to talk to our teams after!
  • 3. WE’VE MASTERED THE MEDIA THAT MATTERS MOST Tinuiti is the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Facebook, Amazon. Employees Media managed Award-winning culture* $3B #1 1000+
  • 4. Some of Our Clients Our Recognition For Commerce Leaders Of Today And The Future
  • 5. Our Speakers PHILIP RUNDALL Senior Manager of Economics TINA MOFFETT Principal Analyst LAUREN WOLFEN VP of Client Strategy & Analytics WITH GUEST SPEAKER
  • 6. Agenda ● Improve Your Streaming With Incrementality Testing ● Introduction To Randomized Controlled Experiments ● Incrementality Case Study ● Traditional And Updated Incrementality Testing ● What Is Incrementality & Always-On Incrementality? ● What This Means For Modern Marketers 6
  • 7. What is your comfort level with experimental methods from other channels? ● Very comfortable ● Somewhat comfortable ● Not comfortable POLL
  • 8. How much of a priority is building experiments to measure incrementality? ● A big priority ● Somewhat a priority ● Not a priority POLL
  • 9. Improve Your Streaming With Incrementality Testing Tina Moffett Principal Analyst B2C Marketing Executives
  • 10. 10 © 2022 Forrester. Reproduction Prohibited. Let me introduce two macro trends that are reshaping business. Consumer hyper adoption Digital disruption Consumers who are always willing to try new products or services
  • 11. 11 11 © 2017 FORRESTER. REPRODUCTION PROHIBITED. B2C Marketing Executives have competing priorities 25% Improve ROI effectiveness. 24% Improve marketing alignment and collaboration with other departments. 23% focus on post-sale customer engagement.
  • 12. 12 © Forrester Research, Inc. All rights reserved. Businesses have a lot to worry about. Data integrity Geopolitical fluctuations Empowered customers Supply chain stability Climate change Economic uncertainty Human health and wellness
  • 13. 13 © Forrester Research, Inc. All rights reserved. Massive hurdles prevent data driven marketing decisions Source: Forrester Global Marketing Survey, 2022 (B2C) Base: 638 B2C Marketing decision-makers whose do not rate their marketing org's use of measurement and analytics as optimized Question: Please select the top challenges that prevent your organization from making use of measurement and analytics. 19% Data materializes too fast for us to manage. 21% Inconsistent levels of data quality. 18% Buy in on the value of measurement and analytics. “The biggest challenge our marketing measurement is the speed at which we're analyzing data. The lag time between getting the data and evaluating the results is too long.” --Automotive Marketing Analytics Executive
  • 14. 14 14 © 2019 FORRESTER. REPRODUCTION PROHIBITED. Unified measurement blend strategic and tactical marketing measurement to enable customer obsessed strategies
  • 15. 15 © Forrester Research, Inc. All rights reserved. Experimental design is the process of carrying out research in an objective and controlled fashion so that precision is maximized, and specific conclusions can be drawn regarding a hypothesis statement. Experimentation helps us decipher cause and effect Source: Science Direct
  • 16. 16 © Forrester Research, Inc. All rights reserved. B2C marketing executives use experimentation to understand the incremental impact of marketing Marketers use experimental designs to analyze how a marketing campaign incrementally influences customer behaviors. • Provide simplicity and clarity. • Measures impact of multiple marketing variables, like creative and messaging.
  • 17. 17 © Forrester Research, Inc. All rights reserved. Building experiments require careful development of test and control cells Total Populatio n Test Group Control Group Test Group Results Control Group Results Incremental Lift Measurement
  • 18. 18 © Forrester Research, Inc. All rights reserved. Source: Forrester Global Marketing Survey, 2022 (B2C) Base: 638 B2C Marketing decision marketers 2021 What advanced marketing measurement approaches does your organization use to understand marketing efficacy?
  • 19. 19 © Forrester Research, Inc. All rights reserved. Source: Forrester Global Marketing Survey, 2022 (B2C) Base: 638 B2C Marketing decision marketers 2022 2021 What advanced marketing measurement approaches does your organization use to understand marketing efficacy?
  • 20. 20 © Forrester Research, Inc. All rights reserved. Naked Wines used incrementality testing to boost brand awareness and revenue • Summary: Wanted to increase brand awareness in new Australian market. • Approach: Developed testing strategy across key brand specific channels. • Results: Increase in brand awareness 59%, from 40%. ̶ Aggregate market payback increased.
  • 21. 21 © Forrester Research, Inc. All rights reserved. Apply core best practices to upstart your incrementality measurement Build basic statistics and data literacy. 1 Use your analytics team to help construct or guide your incrementality tests. 2 Split test cells across homogenous populations, like segment level and ensure audience and geo-location areas consistency for precise incrementality results. 3
  • 23. Experimental Methods in OTT Can Provide More Efficient Decisions 23 ● As omnichannel marketers, we need to understand incrementality throughout the funnel to drive optimal investment decisions. ● OTT can serve as a full-funnel marketing tool, broadening reach and filling the top of the funnel while producing efficient acquisition in its own right. Awareness Acquisition
  • 24. There Are A Few Techniques To Understand Incrementality Throughout The Funnel Experimental Methods Quasi-Experimental Methods Observational Methods
  • 25. Experimental Methods Are The Gold Standard 25 OTT Incrementality Tests benefit from being experiments. ● Test designed to meet requirements. ● Proper randomization is done. ● Accurately measures incrementality on an OTT publisher. The basic principle of the test involves creating two distinct impression groups: a control group, and an exposed group. TV lift tests can often be run with a conservative budget and a relatively short time frame to produce statistically significant results that equate to a measured lift in response. Measurement To understand the incrementality of TV, we measure and compare the responses of the control group vs. the group that saw the commercials over a distinct time frame and for a particular KPI. Test Structure Implementation
  • 26. Test Overview Client industry: Wedding services KPI: Signups Test duration: 3 weeks Property: Hulu Reality Cluster Total test spend: $30k Spend ratio: 80% / 20% (exposed / control) Findings Based on the difference in response rates, the exposed group was ~6x more likely to register for an account than the control group. Control Group Exposed Group N= 159k N= 102 signups N= 36k N= 4 signups 4.0 3.8 x 10-5 t-Stat p-Value CASE STUDY Streaming Audience Holdout Audience Sample Sample Response Response Rate 1.1 x 10-4 6.4 x 10-4
  • 27. Experiments Have Their Practical Limitations 27 Truth in the test Truth in real life Generalization Internal Validity External Validity ● Money spent on placebo ads. ● Limited OTT partner capabilities. ● Incrementality changes over time. ● Results to not apply to other publishers. Incrementality Test Drawbacks Problems With External Validity
  • 28. Quasi-Experimental Methods Solve Drawbacks And Maintain Validity 28 ● Quasi-experimental methods are used when randomization is not possible. ● Results are still valid even if randomization is not used. ● Commonly used in the social sciences.
  • 29. Always-On Incrementality Allows For Costless, Continuous, and Campaign-Wide Insights 29 Incrementality: Measuring a funnel step or action that would not have occurred without a specific interaction, such as seeing an advertisement. Always-On Incrementality: Constantly being able to measure the incrementality of a marketing campaign. Not just a static measurement based on a test that has been run in the past. Incremental Conversions Converted because they saw the OTT impression Background Responses Would have converted regardless of exposure to impression Video Impressions That Converted
  • 30. How Always-On Incrementality Works 30 ● Impressions are served on the same publishers by multiple clients. ● Behaviorally match impressions to create control groups. ● Quantify incrementality. Daily Measurement Process
  • 31. What Does This Mean For A Marketer? 31 ● With always-on incrementality, we can take the guesswork out of driving a campaign as a marketer. ● No longer need to apply a haircut to the results to get the “real” metrics, now know the full picture based on always-on incrementality.
  • 32. Key Takeaways Tinuiti/Bliss Point Media: 1. Quasi-experimental methods in OTT can lead more efficient decisions. 2. Always-on incrementality allows for costless, continuous, and campaign-wide insights. Forrester: 1. Create a testing culture in your organization by sharing success stories and the economic value of marketing experiments. 2. Build a baseline of analytics literacy. Start with the constructs of what makes a good test: statistical significance, population representation, and clear testing parameters.
  • 34. Q&A PHILIP RUNDALL Senior Manager of Economics TINA MOFFETT Principal Analyst LAUREN WOLFEN VP of Client Strategy & Analytics WITH GUEST SPEAKER
  • 35. 35 Stay informed on the future of digital marketing Visit our content hub ➜