Using Social Insights To Fine Tune Your Advertising | Current360

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Using Social Insights To Fine Tune Your Advertising, presented by Angela Trumbaturi, Social Media Director at Current360 for Advertising Federation of Louisville Lunch & Learn, June 24, 2014. While most businesses understand how to promote their content to consumers via “owned” social media channels, many are missing the opportunity to get their message in front of highly targeted audiences through paid social ads. On June 24th I had the honor of presenting the following to the Advertising Federation of Louisville during a Lunch & Learn. In Using Social Insights To Fine Tune Your Advertising, we discussed how social media can be used to gain consumer insights and how those insights can be used to create targeted advertising. We walked through the latest options presented via paid social advertising on Facebook, Twitter, LinkedIn and discussed targeting according to demographics, social connections, interests and habits on desktop and mobile devices. Unfortunately (or fortunately…) I couldn’t squeeze my cheesy jokes, social ad stories, and detailed explanations onto SlideShare. That being said, if you’d like to discuss further, feel free to reach out to me in the comments below or shoot us a message! See more at: http://current360.com/play/targeted-advertising-using-social-media/#sthash.qOte6E9t.dpuf

transcript

Using Social Insights

To Fine Tune Your Advertising

AAF Louisville, @adfedlouAngela Trumbaturi, @atrumbCurrent360, @insidecurrent

@insidecurrent @atrumb

@insidecurrent

@insidecurrent

@insidecurrent

The most effective ad can fail if it doesn’t reach the right audience.

@insidecurrent

@insidecurrent

Social Insights

Social media can give you insight into your customer base.

Discover what your customers like, what they are interested in,

who they are, habits.

@insidecurrent

In the food and beverage category for example,only 5% of conversations mention a brand.

The opportunity is to understand the other 95% where the most powerful communication and

innovation insights are found.

@insidecurrent

Social Insights: Conversations

BlogsMessage BoardsFacebook PagesTwitter SearchesLinkedIn Groups

Instagram Hashtags

@insidecurrent

Social Insights: Conversations

Online conversations leave a permanent trail that allows us to explore consumers’ worlds in constantly changing ways.

@insidecurrent

Facebook Advertising

Ads Manager & Power Editor are the tools that let you customize the audience you want to target in

your campaign.

They don’t give you any insights for that audience before running with it.

@insidecurrent

Facebook: Audience Insights

A tool to help you target your Facebook ads more effectively.

Learn more about the people your ad reaches before you spend money on it.

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Facebook: Audience Insights

Get to know the people who matter to your business, so you can understand

what matters to them.

Their locations, interests & behaviors.

Create messages that will resonate.

@insidecurrent

Facebook: Audience Insights

Self-reported data:

This is data gathered as people share on their personal profiles. It includes liking inside

Facebook, relationship status, job, education level, etc.

@insidecurrent

Facebook: Audience Insights

Off-Facebook data:

Collected by companies such as Acxiom, Epsilon & Datalogix.

Purchasing behaviors, home market value, household income and more.

*Pay attention to the % of audience matched at the bottom of each chart. This external data is matched to

Facebook user IDs.

@insidecurrent

Facebook: Audience Insights

Data is divided into six main tabs:

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Affinity: likelihood of a segment being in this

audience over the average Facebook user.

Facebook: Audience Insights

Page Likes: Facebook pages that are likely to be relevant to your audience based on Facebook

page likes.

Great way to find other relevant sources in your niche.

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Facebook: Audience Insights

@insidecurrent

Facebook: Audience Insights

Custom audience: Populate an existing custom audience to analyze it (email, phone).

Connections: Include or exclude your own fans.

Advanced: Filter for behaviors, language, relationship status, education, work, financial, home, market segments, parents, politics, life events & device

owners.

@insidecurrent

@insidecurrent

Facebook: Ads

Most online advertising reaches only 38% of its intended audience.

Facebook’s average is 89%.

*Nielsen, 2013

@insidecurrent

Facebook: Goals

News FeedRight Hand

Mobile vs. Desktop

Facebook: Advertising

@insidecurrent

Facebook: CTA Buttons

@insidecurrent

Web ClicksConversions

@insidecurrent

Facebook: Advertising

Facebook: Right Hand Ads

@insidecurrent

Bigger Sidebar Ads > Fewer Ads > More Competition > Higher Costs

Ads will also become more effective

Facebook: Right Hand Ads

@insidecurrent

If you monitor the performance of your ads diligently, you can limit waste and focus budget on what is most effective.

Your results will differ depending on the audience and placement of your ads.

Facebook: Reporting

@insidecurrent

Facebook: Reporting

@insidecurrent

Twitter: Insights

@insidecurrent

Ads DashboardFollower Activity

Twitter: Insights

@insidecurrent

@insidecurrent

Twitter

@insidecurrent

Twitter: Remarketing

Twitter Cards

@insidecurrent

LinkedIn

@insidecurrent

Sponsored Posts

Ad Network

Instagram Insights

• Traditional marketers typically calculate return based on investment and what it brings to the bottom line

• Social media campaigns require assessing different metrics

• ROI isn’t everything; that doesn’t mean you can’t measure

• To reduce the impact of social to a revenue number fails to account for the significant business value it delivers

• Remember: social delivers across the entire lifecycle of customer relationships

Measuring Success

@insidecurrent

ALWAYS monitor your results

@insidecurrent

Questions?

angela@current360.com

Angela Trumbaturicurrent360.com