Drexel New Media Marketing - Intro to SEM & Digital Media

Post on 14-Jan-2015

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Week 4 of Drexel's New Media Marketing lecture. Introduction to SEM/PPC, Display and Media buying as well as social media advertising. Fair warning, the fonts are all sorts of screwy in the slideshare upload, but should look right if you download em

Transcript of Drexel New Media Marketing - Intro to SEM & Digital Media

online advertisingsem/ppc, media buying & social

aaron levy justin fried

agenda

• who are you?• what is ppc/sem• where do I buy banner ads• why do I optimize a digital ad campaign?• how does this work in real life?

aaron levy (@bigalittlea )

director of ppc @ SEER

7 years in digital

‘08 villanova grad (marketing & MIS)

binge exerciser

flannel enthusiast

slideshare.com/bigalittlea

me + pudding

@SEERinteractive

seer.is/jobbiesseer.is/culturevid

@SEERinteractive

@SEERinteractive

justin fried (@ justin_freid)

university of scranton BS ‘07

philadelphia university MBA ‘10

vp of sem & emerging mediaCMI Media

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slideshare.net/justin_freid

• pharmaceutical marketing agency – media buying– social media– analytics– SEO/SEM

• founded in 1981 by former GSK employee

• 200+ Employees

• family owned and operated9

CMI Media (@CMIMedia)

@CMI_Media

what is sem? ppc?

on the serps

in your pocket

the big 3 engines

bing powered

other search engines

search partners

google powered

amazon/target/wal mart

google powered

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random other stuff

• auction-based “bidding” system • bid x quality score = ad rank• only pay enough to beat the next

guy• only pay when somebody clicks

how does sem work?

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quality score? what’s that???

short answer? no clue

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quality score – long answer

• click through rate• relevance• landing page quality • relative performance • account history• “other relevance factors”

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account hierarchy

• account– billing,

passwords, time zone

• campaign– budget,

locations, network

• ad group– keywords, ad

copy, destinations, extensions

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ACCOUNT

CAMPAIGN

CAMPAIGN

AD GROUP

AD GROUP

AD GROUPAD

GROUP

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building campaigns

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phase 1 – set goals

• pick keywords & match types that make sense and that you can afford

• don’t just guess – let free tools do the heavy lifting for you

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phase 2 – pick keywords

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broad: red bullalso matches: red bullets, energy drink, redbull, red bull &

vodka, buy red bulls, red energy drink

modified broad: +red bullalso matches: red bull & vodka, buy red bulls, red energy drink

modified broad: +red +bullalso matches: red bull & vodka, buy red bulls

phrase: “red bull”also matches: red bull & vodka,

red bull

Exact: [red bull]matches: red bull

keywords also match searches inside smaller rings

*Source – support.google.com

keyword match types

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phase 3: craft crafty ad copy

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ad copy specs

Headline Is 25 Characterswww.one35character.com/Display-URL Two Description Lines That Must FitEverything in 35 Characters or Less

• major keywords in copy– bolded, increases relevance (and quality

score)

• key value propositions– why should I buy from you?

• strong, clear cut call to action– what am I supposed to do?

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ad copy keys to success

SEM TOOLSmaking your life easier

• google – keyword planner– trends– instant

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free tools

• SEM Rush/Spyfu– How can these tools help?

» Provide insight into what your competitors are doing– What ad text are they using most frequently? – What keywords are they bidding on?

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competitive research tools

• paid management tools – marin, acqusio, kenshoo etc.

• why do agencies use these tools?

• Benefits?– advanced bid management– easier bulk editing– advanced reporting

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account management tools

DISPLAY ADVERTISINGfirst & last touch

• what is display? where do you see it?• who offers display?

– Direct to network– Ad network– DSP

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display advertising

• cpm–cost per thousand (impressions)

• cpc–cost per click

• cpa–cost per acquisition

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how do you pay for display?

• advertisers can work directly with networks – ESPN, FOX, CNN etc..

• advantages: – no mark up by middle man– premium placements and additional ad formats

• disadvantages– no real-time bidding (RTB)– limited reach– limited target capabilities

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direct-to-network display

• advertisers can work with networks who partner with multiple web properties

• AOL, Quantcast, Specific Media• advantages

– wider reach– advanced targeting– account support

• disadvantages– limited RTB– limited capabilities of management interface

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ad networks

• DSP’s are changing the way display is bought– real-time bidding (think AdWords for

Display)

• advantages– advanced targeting– advanced bidding– large reach

• disadvantages– minimum budget requirements

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demand side platform (DSPs)

• what is a premium placement?

• where can these buys occur?– MSN– Yahoo– Youtube– ESPN

• what effect do they have?

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premium placements

• how can display help boost video advertising?– companion ads = more real estate– interact with engaged consumers

• premium placements

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display - youtube

• How can display help boost video advertising?– Companion ads = more real estate– Interact with engaged consumers

• Premium Placements

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youtube brand experience

• contextual • topic• demographic• behavioral • look-a-like

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display targeting capabilities

retargeting

• advertise to site visitors who didn’t convert– influence purchase decisions

– move customer through the purchase cycle

– upsell current customers

– grow lifetime value

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retargeting

stalk them until they love you

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cheap, effective, creepy

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basic retargeting platforms

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pricy, awesome, creepier

premium retargeting platforms

SOCIAL ADVERTISINGinfluencing friends & reaching demographics

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linkedin ads

promoted tweets

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OPTIMIZATIONmake HiPPO’s happy

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it‘s all about the bottom line

• impressions/clicks/ conversions only matter if the program is profitable

• business models should affect how you manage sem and display campaigns

• advertising efforts should link directly with sales goals

it‘s all about the bottom line

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YOU NEED DATA TO MAKE

DECISIONS

• frequently rotate new ad variations to test:– calls to action – value propositions – phrases

• review the metrics– CTR & quality score – cost per click– conversion rate – CPA/ROAS

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ad text optimization

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ad extensions

• each keyword needs attention

• intent: – compare

insurance vs. buy insurance

– which is better for your business?

• match type matters

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• important metrics– CPC– conversion rate– cost per

conversion– top vs. side

performance

• not all metrics are in AdWords– margin/LTV– attribution

keyword optimization

• account structure can be influenced by industry– by product– by Theme

• provide best experience to searcher– they’re called ad groups for a reason

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search

query

text ad

landing

page

account structure optimization

21st CENTURY INSURANCEcase study

• TPG teamed with 21st Century to manage their paid search customer acquisition efforts

• goals– increase policy production– streamline and improve conversion

process– grow unbranded search volume– decrease cost per quote and cost per

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21st Century paid search study

• to meet 21st’s goals, TPG: – re-structured account show more relevant ads – added negative keywords to prevent ads from

showing against irrelevant search queries– expanded keywords to encompass purchase

cycle» Research» Ready to buy

– aggressively tested ad copy variations– A/B testing for different landing page variations– utilized ClickEquations bid management

platform to assist in bid optimization

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21st Century – tactics & strategy

TPG’s efforts resulted in – over a 500% increase in policy production– over a 250% decrease in cost per policy

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Jan-

10

Feb-

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Mar

-10

Apr-

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May

-10

Jun-

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Jul-1

0

Aug-

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Sep-

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Oct

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Nov

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Policies Cost Per Policy

Polic

ies

Cost

Per

Pol

icy

21st Century - results

ONLINE COLLEGEcase study

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online college case study

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online college perception

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profitability, very very good

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big name competitors

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case study – Drexel Online

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• poor industry perception

• long decision cycle

• increasing competition from generic schools

• high margins = high competition

• strong regional brand perception, limited national recognition

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Drexel Online - hurdles

• course, degree & industry specific themes

• geo-focused bidding strategy

• landing pages with REAL people

• nurturing ad copy with value propositions

• review & image extensions to reinforce brand

• social advertising: reach people before they started looking

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Drexel Online - strategies

Drexel Online - tactics

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• SEER client for five seven years

• 196% lift in app starts, 10% drop in CPA in an increasingly expensive space

Drexel Online – results

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2007 2008 2009 2010 2011

App Starts

CPA Goal

Cost Per App Start

time check

• take aways– SEM and Display play pivotal roles in the sales

process– proper management and set up are key to running

a successful campaign– it’s all about the bottom line

• how does this fit into next week?– Social helps continue the conversation

Let the customer speak Take brand voice out of an advertising contextCustomers as brand advocatesStill advertising

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pass the ball

further reading

• google.com/partners• ppchero.com• search engine land/watch• seerinteractive.com/blog• #ppcchat• TPG and SEER are looking for

interns!– jfreid@tpgphl.com – aaronl@seerinteractive.com

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questions? internships?

aaronl@seerintractive.comjfreid@cmimedia.com

FLORIDA BLUE BLUE CROSS BLUE SHIELD

social media case study

• on April 2nd, Blue Cross Blue Shield of Florida announced a brand transition to ‘Florida Blue’– TPG was tasked with promoting the brand

transition through digital channels. • GOALS:

– alert Floridians of the brand transition and inform them of the changes the business was making

– increase overall reach of Florida Blue through twitter, facebook and other channels

– drive users to content that was ‘shareable’ and would cause users to return frequently.

– develop brand advocates and champions

Florida Blue – social media

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• develop content on Florida Blue’s website & blog that is promotion worthy

• promote content through social media channels both organically and through paid media

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Florida Blue – strategy & tactics

• @BCBSFLORIDA Twitter account saw a spike in activity after launch of the brand initiative on 4/2.

• account has seen a significant increase in mentions as well as followers, 781 new followers since 3/30!

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Florida Blue - twitter results

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• the most productive tweet since 4/2 was a promoted tweet that was promoted on 4/3.

• this tweet reached 12x the normal audience of the twitter account.

Florida Blue - twitter results

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Florida Blue - twitter results

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Florida Blue - twitter results

ModSpace - disaster reliefmobile case study

hurricanes

the other kind of hurricanes

@bigalittlea

modular buildings

hurricane trends

…now what?

tactics & targets

strategy & results• developed contingency plan for 2012

hurricanes

• target disaster stricken areas with recovery copy

• blanket disaster prone areas with preparation & “preventive” ad copy

• targeted hurricanes, floods, earthquakes & fires

• generated 117 conversions and 68 phone calls

21st Century Insurancelanding page case study

• to fully optimize acquisition efforts, 21st’s media landing page needed to be optimized

• GOALS: – increase conversion rate of site visitors– decrease drop off of visitors who reach landing

page– encourage site visitors to begin the conversion

path– current landing page had been used for 3 years

and captured all paid media traffic– little or no learnings were available

21st Century: landing page optimization

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• TPG worked with in house creative team to create 5 landing page concepts– A/B testing was launched to determine the

best creative format– 2nd phase was launched that focused on

multiple variablesfont, logo position, action, color and cues

– utilized Optimost testing software

21st Century: landing page optimization

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• phase I of test: 16.54% increase in click-through rate

• phase II of test: 6.46% increase in click-through rate– lead to decrease

in cost per policy and a jump in total policy production

21st Century – landing page results

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• take aways– SEM and Display play pivotal roles in the sales

process– proper management and set up are key to running

a successful campaign– it’s all about the bottom line

• how does this fit into next week?– Social helps continue the conversation

Let the customer speak Take brand voice out of an advertising contextCustomers as brand advocatesStill advertising

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pass the ball

further reading

• google.com/partners• ppchero.com• search engine land/watch• seerinteractive.com/blog• #ppcchat• TPG and SEER are looking for

interns!– jfreid@tpgphl.com – aaronl@seerinteractive.com

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questions? internships?

aaronl@seerintractive.comjfreid@cmimedia.com