CRMA Online Promotions Presentation
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Transcript of CRMA Online Promotions Presentation
@secondstreetlab
D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
Online Promotions are an EXPLOSIVE Opportunity How City & Regional Magazines Can Capture This Revenue
Matt Coen | President & Co-Founder | Second Street | @mcoen
@secondstreetlab
Our Partners 3,000 media companies & growing
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secondstreetlab.com @secondstreetlab
How-Tos Case Studies
Playbooks
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Certification
On-Demand Proven Content
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secondstreetlab.com/crma
@secondstreetlab
[email protected] | 314.880.4902 | @mcoen
Matt Coen
@secondstreetlab
D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
THE MAJOR SHIFT
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$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Source: Borrell Associates
in Billions
Why Online Promotions?
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
START WITH EMAIL
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Intersection of Promotions
Deals
Contests Reader’s Choice
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$3MM from Email
$500,000
$2,000,000
$500,000
Contests
Deals
Newsletters & Ads
@secondstreetlab
@secondstreetlab
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Pinterest YouTube Instagram Twitter Facebook Text Email
91% of people check their email
at least once a day
Source: eMarketer
Daily Activities of US Internet Users
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50
100
150
200
250
300
350
400
Day 1 Day 2 Day 3 Email Sent Day 5 Day 6 Day 7
Contest Submissions by Day
70% of Submissions
The Impact of Email
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Email + Promotions
Promotions Build Your Email
Database
An Engaged Database Drives
Promotions Revenue
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@secondstreetlab
D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
OPPORTUNITIES FOR ONLINE PROMOTIONS
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
RUN SPONSORED CONTESTS 1
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U-T San Diego
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U-T San Diego
$30,000 in Revenue
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Omaha World-Herald
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Omaha World-Herald
$75,000 in Revenue
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WSB-FM
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$30,000 in Revenue
WSB-FM
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10 Weddings Booked
WSB-FM
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Wisconsin State Journal
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$102,000 in Revenue
Wisconsin State Journal
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
PROMOTIONS
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The Daily Advocate
Greenville, Ohio 7,000 Circulation
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Contest Photos in Fair Magazine
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$100,000 in Revenue
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Sponsorship Models
Exclusive
Category-Exclusive
Multiple
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Identify the Right Sponsors
Who would be a good match for the target demographic & contest theme?
Who needs a fresh idea to maintain or
increase spend?
Who do I want to grow business with?
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Submission Contest Presenting Sponsorship (Limit 1)!Logo inclusion on all promotional elements for the contest!
Print Campaign including logo:!• Full-page promotional ad !• Full-page winner announcement ad!• [# of months contest is running] monthly premium full-color ads!
Digital Campaign including:!• Logo inclusion in contest header graphic!• Contest page 728×90 & 300×250 served together (100% share of voice)!• Pencil Pushdown (twice during the contest, during submission and voting periods)!• 100,000 300×250 ROS impressions!
Email Campaign including coupon or offer:!• Daily news & breaking news emails to combined database of 115,000!• Invitation email to promotional database of 80,000!• Thank you emails after registration and submission!
Email opt-in checkbox on the registration page!
Facebook Like box on the registration page!
Social Campaign including:!• Mentions on Facebook & Twitter at least once a week!• Logo inclusion on promotional Facebook cover photo, contest app index page
graphic, Like-gate image!
Investment: ($1,000/week)! $15,000!
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
RUN ADVERTISER CONTESTS 2
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What is a Facebook Contest?
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Like-Gate Must ‘Like’
Page to Enter
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Visible after Page is ‘Liked’
Entry Form
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Expand Reach with Social Boost
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Sponsored vs. Advertiser
On Advertiser’s Page, No Mention of Media Company
On Media Company’s Page,
Sponsor in Branding
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Incentivize the Like
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18 Million SMB Facebook Pages
Source: Wall Street Journal, Facebook July 2013
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Other:
28% Find new
customers& leads:
72%
Source: Manta
Facebook Contesting
Opportunity
SMB Social Media Goals
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Quad-City Times
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@secondstreetlab
Identify Hot Leads
0
5
10
15
20
25
30
35
Next month Next 3 months Next 6 months
When are you considering a new vehicle purchase?
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$14,000 in Revenue
Quad-City Times
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Quad-City Times
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Quad-City Times
$19,500 in Revenue
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@secondstreetlab
Quad-City Times Shared Agency-Model Package
Facebook marketing consultation Included
1 Sunday Full Page Promotional Ad $3,150
3-3 Column x 10” Promotional Print Ads $2,340
Shared email to 80K + $6,000
100k ROS impressions (728x90 promotional ad) $2,000
Total dominance contest promotion $2,000
Set up and placement on contest page $500
Total Value: $15,990
Cost to Advertiser: $1,000
@secondstreetlab
@secondstreetlab
Exclusive Facebook Advertiser Sweepstakes!Facebook Marketing Consultation!
Print Campaign including logo:!• ½ page promotional ad!• ½ page winner announcement ad!• Option to add print ads at a discounted rate during the promotion!
Digital Campaign including:!• 100,000 728×90 ROS impressions!• Total dominance on website homepage!
Email Campaign including logo:!• Invitation email to promotional database of 80,000!• Thank you email to all entrants with coupon or offer!
Email opt-in checkbox on the registration page!
Facebook Like box on the registration page!
Social Campaign including:!• Contest setup and placement on Facebook Page, including customized Like-
gate image, Facebook cover photo, and contest app image!• Customized thank you page with coupon or offer!• Logo inclusion on promotional Facebook cover photo, contest app index page
graphic, Like-gate image!
Investment:! $10,000 !(4 weeks)!
@secondstreetlab
Shared Agency-Model Sales Package
Facebook Marketing Consultation $500
1 Full Page Promotional Ad $3,150
3 ½ Page Horizontal Print Ads 10” x 5” $2,350
Shared Email to Database of 20K $2,000
100K ROS impressions (728 x 90 Promotional Ads) $2,000
Total Dominance Contest Promotion $2,000
Contest Setup on Facebook Page $500
Total Value: $13,500
Cost: $2,000
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
EXPAND READER’S CHOICE 3
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
BUT, THERE ARE PAIN POINTS.
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“We cut our set-up and administrative time in half with Voter’s Choice.
Plus, we increased our votes by 250% over last year!”
- Caroline Coursen, Moffly Media
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
REVENUE OPPORTUNITIES
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$
Upgraded Listings
Ballot Sponsors
Print Issue Live Event
Online Ads
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Special Print Issues
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Live Events
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Upgraded Listings
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Category Sponsorships
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Online Ads
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Vote for Me & Thank You Ads
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Best of Kent 2014
Increased Ballot
Revenue by 43%!
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Overall Online Sponsorship
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“Vote for Me” & “Thank You” Ads
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Sold Variety of Online Ads
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Gold Coast Connecticut
250% Increase in Voters from
2013
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Ballot Presenting Sponsorship (Limit 1)!Logo inclusion on all promotional elements for the ballot!
Print Campaign including:!• Full-page “Vote for Me” ad!• Full-page “Thank You” ad (if applicable)!
Digital Campaign including:!• Logo inclusion in ballot header graphic!• Leaderboard ads over relevant category & sub-category!• 300×250 ad on the ballot page (100% share of voice)!• Pencil Pushdown (twice during the ballot, during nomination and voting periods)!• 100,000 300×250 ROS impressions!• Upgraded listing including logo, interactive map, link to website, & social buttons!
Email Campaign including logo and coupon or offer:!• 2 invitation emails to promotional database of 80,000!• Thank you emails after registration and voting!• Winner announcement email after voting ends!
Email opt-in checkbox on the registration page!
Social Campaign including:!• Mentions on Facebook & Twitter at least once a week!• Logo inclusion on promotional Facebook cover photo!
Mobile Campaign including:!• Text message to database of 13,000 including a mention and shortlink!• Mobile ads linking to ballot with logo!
Investment:! $20,000!
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
NICHE BALLOTS 4
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
HOLIDAY
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
SPORTS
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
COMMUNITY EVENTS
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
PARENTING
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
WEDDING
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@secondstreetlab
D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
WORKPLACES
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
RESTAURANTS
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
Ballots hit on Trends
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MOBILE
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LOCAL
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SOCIAL
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CROWD SOURCING CONTENT
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LISTS
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SMB ADVERTISERS
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User-Generated Reviews
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Live events
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
ECOMMERCE PROMOTIONS 5
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225 Best Eats
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Special Reserve
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UpNorthLive.com: 3 Regional Cards = $200K+
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WISE-TV & WPTA-TV
$112,000 in Revenue
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State College
$12,000 in Revenue
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D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E
PLANNING IS CRUCIAL
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secondstreetlab.com/crma
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secondstreetlab.com/crma
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[email protected] | 314.880.4902 | @mcoen
Matt Coen