Using LinkedIn to deliver a highly targeted acquisition campaign for American Express - Fortune...
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Transcript of Using LinkedIn to deliver a highly targeted acquisition campaign for American Express - Fortune...
Linkedin Campaign Debrief
The B2B Marketing Summit, 14th June 2012
Maggie Lonergan, MD, Marketing Services, Fortune CookieDaniel Farrugia, Acquisition Marketing, American Express
Originally a test campaign to launch the new Corporate Membership Rewards Card:
• Main Objective >
• Drive brand awareness• Support acquisition through lead generation
• Targeted to UK SMEs (company size 10-500 employees)
Measurement• Test budget, single publisher, did not lend itself to brand tracking • Metrics: leads generated, engagement
The Brief
This proposition was targeted at:• Business owners/C-suite• Finance officers• Procurement leads • Office managers
Small to medium-sized businesses (SME) defined as companies with a minimum of four employees carrying company cards for charging business expenses and a maximum of 500 employees.
Target Audience
Stage 1Awareness & Lead Generations
Stage 2Engagement & nurturing
Brand Saliency
Word of mouth
Campaign strategyStage one
• Single media offering using LinkedIn
• Two target segments identified:• Custom Target, aimed at C-suite, finance officers & procurement leads • In-Crowd, aimed at SME business owners/office managers
• Rationale: balance of reach & targeting to achieve highest coverage within established target group
• Mix of high impact display ad units as Home Page Takeover (CPM) & cost per lead (CPL) buying
Media Proposal
Linkedin Audience Targeting
Profile• Profession• Seniority• Industry• Company• Company size• Geography• Education• Function
Linkedin PlacementsHomepage takeover • Three high impact placements• Impressions capped per user• CPM cost structure
Linkedin Whitepapers
White Papers for highly targeted, qualified leads.• High quality leads• Extensive targeting & filtering• Deliver value to your audience
Poll 1 Engagement
http://polls.linkedin.com/poll-results/139006/zlgpa 444 votes. Strong agreement with the statement that employees comply
Poll 2 Engagement
http://polls.linkedin.com/poll-results/139003/cddyn 124 votes. Overwhelmingly the Senior Finance Professional is responsible.
Poll 4 Engagement
Discussion on cost control
http://polls.linkedin.com/poll-results/139004/hlrcl 202 votes. Simplify administration” remains the top response
What did we achieve?LP
229197
91
243201
222213
1,396
Time
1:15:24:0214:50:46
19:02:52
1:08:26:431:09:52:40
2:15:29:171:12:00:28
10:01:03:56
InteractionsCMR UK
•Aeroplane•Golf
CMR Spain•Aeroplane
Corp BA•Walk•Recline
Corp Platinum•Umbrella•Paparazzi
Expands
6,1072,895
4,471
5,7215,668
10,0985,753
40,713
CTR
0.070.08
0.1
0.060.06
0.050.06
0.07
Clicks
401348
148
354316
353323
2,243
• New research from Microsoft Advertising, Eyeblaster (MediaMind), and ComScore
• Online ad engagement drives better brand results
• Most meaningful measures for brand success online are Dwell score = average time spent, actively engaging with an ad x proportion of users engaging in this way (e.g. expands, mouseovers, video plays)
• Measurement that focuses on the click alone considers only a tiny fraction of the economic value of an online advertising campaign
Importance of Dwell
Source: Microsoft - Dwell on Branding
• are three times more efficient at stimulating branded search (branded search term usage increased by 39% for users exposed to high dwell campaigns)
• are c 70% more likely to attract visits to the brand site than low dwell campaigns (17% uplift in site visits versus 10% uplift)
• drive more traffic and more engaged users (high dwell campaigns drive a 125 percentage point positive swing in page views per visitor and an 83% swing in minutes per visitor)
• Industry averages: Total Dwell 4.6; Dwell rate 8.7%; Dwell Time 53s
• Financial Services: Total Dwell 5.6
Findings of studyHigh dwell campaigns:
Campaign Dwell Campaign
Dwell Rate74.32%
Dwell Time13.2 secs
Total Dwell9.8
0
3
5
8
10
Dwell
Avg all sectors Financial services Amex LI campaign
• Incorporates both a quantitative measure and a measure of quality• Relates only to rich media advertising (video audio or dynamic data ads) having an interactive element that allows active engagement to happen
Dwellas an expression of engagement
• Higher online ad engagement leads to better brand effects
• The findings give brand advertisers a new set of rules:• Online brand advertising should be planned and executed distinctly
from direct response• Use creativity in advertising to drive engagement and build brand• Use rich media to make full use of the creative opportunities • Use dwell scores instead of click-throughs to measure brand
campaign success
Study conclusions
@fortunecookiewww.fortunecookie.co.uk
Thank you
@AmericanExpresswww.americanexpress.com