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Maximizing The Synergy Of Paid Search & Social - SMX Sydney

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ACTIVATING SEARCH & SOCIAL SYNERGY #KenshooIntersections
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A C T I V A T I N G S E A R C H & S O C I A L S Y N E R G Y

#KenshooIntersections

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 2 – #KenshooIntersections

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 3 – #KenshooIntersections

Agenda

• Cross-Channel Marketing

• Push and Pull

• Why Start with Search and Social?

• Similarities and Differences

• Getting Started

• Search and Social Activation

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 4 – #KenshooIntersections

syn • er • gy

Noun

The interaction or cooperation of two or more organizations, substances, or other agents to

produce a combined effect greater than the sum of their separate effects.

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 5 – #KenshooIntersections

1 + 1 =3

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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The Importance of Cross-Channel Marketing

– 7 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Source: Alterian "Engaging Times Summit"

www.emarketer.com

August 2013

– 8 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Source: A Forrester Consulting Thought Leadership Paper Commissioned By ExactTarget

The Key To Successful Cross-Channel Marketing

Sophisticated Cross-Channel Marketers Show Us That Technology Matters Most

October 2012

– 9 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Source: Zeta Interactive, June 2013

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Which of these challenges to cross-channel operationalization worries you most?

Organizational

Structure

Technology

Barriers

Partner

Complexity

Cross-Channel

Expertise

A B C D

POLL

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 11 – #KenshooIntersections

The Potent Relationship of Push and Pull Marketing

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Push Marketing

Shown to people as they

passivelyconsume web content and

engage with other digital assets.

Pull Marketing

Coupled to content that people

activelyrequest, such as search engine

results, location listings, etc.

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 13 – #KenshooIntersections

Strike the Right Balance (at Scale)

• It’s not Push or Pull, but rather Push and Pull

• Must be done at scale, but with individual consumers in mind

• Cross-channel marketing can deliver powerful Push and Pull when used

correctly

– 14 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

A Real Consumer Path: Search and Social

Source: Kenshoo retail client, June 2013

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 15 – #KenshooIntersections

2 Reasons Why Search and Social Should be the Next Channels you Integrate

– 16 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Because they are huge

– 17 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

More than Half of Digital Ad Budgets

Source: eMarketer, December 2013

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 18 – #KenshooIntersections

What percentage of your digital marketing spend is Search and Social?

Less than 10% 11% – 35% 36% – 66% Over 66%

A B C D

POLL

– 19 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Source: Kenshoo Search and Social Snapshott, Q1 2014

– 20 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Search and Social Work Better Together

“Consumers exposed to a brand’s influenced

social media and paid search programs are

2.8 times more likely to search for that

brand’s products compared to users who saw

only paid search.”

The study also showed a 50 percent click-

through-rate (CTR) increase in paid search

when consumers were exposed to influenced

social media and paid search.

– 21 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Kenshoo Study Proved Added Value

Source: Kenshoo, November 2013

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Search and Social Complement Each Other

– 23 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

The Similarities

• Self-service, auction-based, Pay-Per-Click (PPC) models

• Granular approach

• Targeting options

• Real-time optimization

• Scale in mobile

– 24 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

The Differences

• Push vs. Pull

• Ad formats

• Targeting options

• Post-view tracking

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 25 – #KenshooIntersections

Better Together

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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It’s All About Signals

• Harness data signals to inform and optimize each other

Collection

Analysis

Activation

– 27 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Examples of Search Signals for Social

• Search queries

• Brand term traffic

• Mobile search data

• SEM ad copy

• Search metrics/KPIs

• Retargeting

– 28 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Examples of Social Signals for Search

• Likes & interests

• Social activity

• Social analytics

• Testing audience response

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

– 29 – #KenshooIntersections

Getting Started

– 30 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Rally Internal Stakeholders

• Commit

• Find the cross-channel champions and start seeding the idea

• Set short term objectives

• Clearly demonstrate the upside of doing it as well as downsides of not

doing it – others will

– 31 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Seek Tech Solutions

• Put cross-channel needs at the top of every current technology partner

conversation

What’s already in place that you can leverage?

What’s on the roadmap?

• Place more value on cross-channel functionality with new technology

evaluations

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Search and Social ActivationHow?

– 33 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Activation: Demand-Driven Campaigns

– 34 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Activation: Search Retargeting

Ads partner tells

social media site

that user can be

added to that

product's

audience.

The same user sees a

promotion in their social

media feed.

A user reaches

a website

through a

search term.

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Using Dynamic Creative on Facebook Exchange

Source: Kenshoo

– 36 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

With search, find more accurate value of the customer...

$2.50 CPMVisit Facebook

Visit Shopping Cart

PLA Click

Conv Rate: 3.7%

Bid: $2.76

Avg Order Value: $55 Exit site

View several product pages

Search ad click for “tennis racket”

Conv Rate: 1.3%

Bid: $1.34

Avg Order Value: $23

– 37 –© 2014 Kenshoo, Inc. Confidential and Proprietary Information

#KenshooIntersections

Alex and Ani Results from Demand-Driven Campaigns (6 months pre and post Kenshoo comparison):

Results from Demand-Driven Campaigns (DDC) for Leading Retailer vs. non-DDC benchmarks

© 2014 Kenshoo, Inc. Confidential and Proprietary Information

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Thank You


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