Beth Bubon, PepsiCo North America Nutrition Group Bhanu...
Transcript of Beth Bubon, PepsiCo North America Nutrition Group Bhanu...
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Digital Optimization: Strategies for Success
Beth Bubon, PepsiCo North America Nutrition GroupBhanu Bhardwaj, IRI Media Solutions
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Digital Optimization: Strategies for Success
![Page 3: Beth Bubon, PepsiCo North America Nutrition Group Bhanu ...webapps.iriworldwide.com/summit/b/Digital...2. nd. Largest Programmatic Spender. 2. nd. of CPGs Shopping Trips Begin Online.](https://reader034.fdocuments.in/reader034/viewer/2022042317/5f0632e67e708231d416ca7c/html5/thumbnails/3.jpg)
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Digital Spending is Growing and Investment Choices are Vast
CPG is the 2nd Largest
Programmatic Spender
2nd
of CPGs Shopping
Trips Begin Online
76%
5,000 Ads Today vs. 500 in the
1970s
5k
of Shoppers Say Mobile is
the Most Critical
Shopping Tool
75%
of Marketers Believe Their Marketing is
Effective
40%
2,500+ Marketing Technology Companies
2.5k+
CPG Digital Ad Spend
$6B
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THE BUSINESS QUESTION
My investment in digital is growing every year… how do I ensure the best returns for the business?
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Breaking From the Herd
TOMORROWTODAY
Static Post-Campaign Analysis
Ongoing Reads
High Level – TotalCampaign Level Results
Read All Actionable Drivers / Elements
Siloed Reads Cross-Channel, Platform, Publisher Measurement
Only Big Campaigns Portfolio View: No Campaign Size Limitation
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Pepsi’s Brand & Media Priorities
• Optimize digital campaigns in “real time” through measurement of performance:
‒ Publisher‒ Creative‒ Ad Type‒ Target Group
• Determine if digital campaigns are driving penetration, buy rate or both
• Utilize results to add context to marketing mix results
![Page 7: Beth Bubon, PepsiCo North America Nutrition Group Bhanu ...webapps.iriworldwide.com/summit/b/Digital...2. nd. Largest Programmatic Spender. 2. nd. of CPGs Shopping Trips Begin Online.](https://reader034.fdocuments.in/reader034/viewer/2022042317/5f0632e67e708231d416ca7c/html5/thumbnails/7.jpg)
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Process
1
Evaluate Potential Suppliers
2 Choose IRI Lift Solution
5
Expand to Additional
Brands/ Campaigns
3
Align Internal Organization & Media Agency
4Test & Learn• Piloted 3 campaigns
across 2 brands• Determined impact of
in-flight optimizations
![Page 8: Beth Bubon, PepsiCo North America Nutrition Group Bhanu ...webapps.iriworldwide.com/summit/b/Digital...2. nd. Largest Programmatic Spender. 2. nd. of CPGs Shopping Trips Begin Online.](https://reader034.fdocuments.in/reader034/viewer/2022042317/5f0632e67e708231d416ca7c/html5/thumbnails/8.jpg)
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How Does IRI Lift Work?
IRI Lift Assesses Media Performance by Linking Ad Exposure to Offline Sales at the Household Level
1: Collect Exposure Data 2: Match HH Databases 3: Create Test/Control Groups
4: Calculate Diagnostics 5: Run GLMM/ANCOVA Models 6: Project Lift to Total U.S./ROAS
Collect media exposure data at the household level via an IRI partner
Send exposure data to IRI matching partner to create a common HH ID and load into IRI Frequent Shopper Program sales database
Identify non-exposed households to comprise the control group matched to the exposed group on ProScores™ and category spend
Calculate descriptive statistics on media delivery and consumer behavior
Analyze uplift due to media exposure across key metrics such as sales, units, and visits via GLMM/ANCOVA methodology
Extrapolate uplift to the total United States from sample population via a projection factor and calculate ROAS
Exposed HHs IRI FSP HHs Test HHs Control HHs
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CAUSAL VARIABLES, Marketing and Non-Marketing, are Key to Accuracy and Granularity
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Results are Decomposed into Drivers of Lift By a Multitude of Actionable Dimensions and Reads Provided Weekly
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Pepsi’s Brand & Media Priorities
• Optimize digital campaigns in “real time” through measurement of performance:
‒ Publisher‒ Creative‒ Ad Type‒ Target Group
• Determine if digital campaigns are driving penetration, buy rate or both
• Utilize results to add context to marketing mix results
![Page 12: Beth Bubon, PepsiCo North America Nutrition Group Bhanu ...webapps.iriworldwide.com/summit/b/Digital...2. nd. Largest Programmatic Spender. 2. nd. of CPGs Shopping Trips Begin Online.](https://reader034.fdocuments.in/reader034/viewer/2022042317/5f0632e67e708231d416ca7c/html5/thumbnails/12.jpg)
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Which Publisher performed best?
15.0%
7.7%9.0%
11.6%
Dollars per HH Lift
Publisher 1 Publisher 2 Publisher 3 Publisher 4
Cost per ImpressionsPublisher 1 Publisher 2 Publisher 3 Publisher 4
$4.12 $11.15 $3.76 $5.99
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Which Ad Type performed best?
6.6%
11.4%
6.1%
Dollars per HH Lift
Custom Standard Banner Video
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Which Target Group performed best?
28.3%
13.4%
Dollars per HH Lift
Brand Loyalists Brand Switchers
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Did Campaign drive penetration, buy rate or both?
18.4%
11.2%
0.0%
6.4%
36.5%
9.5%
18.2%
5.5%
Dollars Per Household Penetration Dol Per Occasion Occasions
Brand A Brand B
Objective for Brand A campaign was to drive buy rateObjective for Brand B campaign was to drive penetration
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7.4%
9.1% 9.2%
14.1%
9.0%9.7%
12.0%
15.4%
Did Campaigns Get Stronger Over Time? Sub Line 2
Sub Line 1
Read 1 Read 2 Read 3 Read 4
Sales Lift by Read
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Integration with Marketing Mix
MARKETING MIX IRI LIFT
Marketing Mix informs on what channels worked from a macro level
Case Study ResultsA digital video campaign historically performed average from an ROI perspective but had strong effectiveness
IRI Lift can add the lens of why those channels worked and how to make them stronger
Case Study Results• Within this campaign, Video Publisher A
had a high CPM while Video Publisher B had lower CPM, but both had comparable effectiveness
• Shifting impressions to Publisher B should not compromise effectiveness, increase ROI
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Organizational Success
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Strategies for Success: Key Takeways
Invest in Measurement
to Keep Pace with Innovation
Develop a Strategic Learning Agenda Upfront
Experiment with Leading
Edge Techniques
Go for Broader
Portfolio Coverage
Align on Actionable Speed and
Granularity Standards
Needed
Set-Up the Organization
and Partners to Leverage the
Change
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What Challenges Still Exist?
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Questions?
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Thank You!