James Green to Lead Digital Discussions

Magnetic CEO James Green to Lead Digital Discussions This Spring
Topics Cover Attribution, Search Retargeting, the Facebook Exchange and Big Data

Search retargeting leader Magnetic announced today that James Green, the company’s CEO will be moderating panels at several upcoming marketing industry events. Green will speak to a multitude of topics during each session, including how the Facebook Exchange (FBX) affects real-time bidding (RTB), attribution and media measurement, and big data.

Upcoming events include:

OMMA RTB: Real-Time Buying (March 18; San Francisco, CA)

Panel: Facebook’s FBX: The Year Zero View

At this event, James Green will moderate a panel featuring Christina Beaumier, Vice President, Global Client Development, Xaxis, Adam Berke, President, AdRoll, Brian Quinn, Senior Director, Advertising Partnerships, Kenshoo and John Tuchtenhagen, VP, Group Director, Media, Digitas. The speakers will discuss the Facebook Exchange (FBX), including the challenges and opportunities it has brought to RTB and marketers.

The panel can be viewed live on Monday, March 18 at 11:30 a.m.PST by visiting the following website: http://www.mediapost.com/ommartb/

The Attribution Revolution (March 20; Chicago, IL)

This event will provide a deep dive into the probing questions that surround media measurement in today’s digital age, covering accurate measurement across marketing strategies from site and search retargeting to social and offline. Moderated by James Green, the panel will feature Jeremy King, Senior Product Manager for Analytics at Adobe, Paul Pellman, CEO of Adometry, Jeff Greenfield, COO & Co-Founder of C3 Metrics and Stefan Schnabl, Product Manager, Google.

MediaPost Search Insider Summit (April 28-May 1; Amelia Island, FL)

Panel: Marketing Experimentation: From Big Data to Big Testing

James will serve as the moderator for a discussion surrounding big data, and how insights are used for multi-channel marketing campaigns. Additional details are pending.

 

The Truth About Big Data

In today’s increasingly data-driven world, it’s interesting that there remain a number of misconceptions and hesitations surrounding big data. The most significant misconception is that many marketers refer to big data as a thing when it is simply a trend. While some marketers are wary of it, others are excited and ready to use the insights that big data can offer.

It’s not far off to say that big data has forever changed the advertising industry. Data touches every channel – TV, social, mobile, video, display, search and so on. And as it’s produced on an ongoing basis, marketers should look to big data to help to determine what a target demographic cares about, as well as how to use data across channels.

Using Data Across Channels

Aaron Fetters, director of insights and analytics solutions at Kellogg, recently stated “The digital strategy group uses the data to figure out how social media should play a role with Kellogg’s other digital touch-points.” Fetters’ comment shows that knowing what data to use is critical. In this case, the Kellogg team seems to focus on how information derived from social media can influence other digital channels.

The ability to track everything down to an individual, product, sale and behavior is something that was not available prior to the growth of big data. However, the one thing we all must realize is that you don’t necessarily need to track everything. Today, marketers need to focus on what data matters to your own brand and business. Relying too much on data is never a good thing.

Ad Targeting Fail

For example, a Notre Dame fan recently visited the sports site ndnation.com to read up on the hard loss of the national title. Upon his visit, he was welcomed by ads for Alabama featuring, “Congrats Alabama State Champs.” As he clicked through the adchoices icon, he found that Google was behind the ad targeting.

In this case, there was too much reliance on automation and data, and therefore, the information was not mined correctly. Sure, the content of the page included Alabama and Notre Dame, and the user probably was identified as a football fan and may have even searched for information about football. But, in the end, thanks to relying solely on data and machines, the Alabama ad was targeted to a Notre Dame fan on a Notre Dame site-specific page.

The key takeaway here is that we don’t want to end up relying on data for all decisions and great ideas. The human eye and big ideas are still needed today, and sometimes, they can’t be driven by data alone.

Data For Optimization

At the end of day, the main use of the data is to help marketers to identity what is working and what isn’t worth dedicating a marketing budget to moving forward. Data help adjust, refine and optimize campaigns and complete strategies in a way that benefits both the brands and the consumers. These benefits help foster a deeper relationship between the advertiser and their audiences.

When it comes to search retargeting, big data is a major part of how retargeters reach their target consumer. From keyword lists to word optimization and creative, search retargeting uses tremendous amounts of big data to first identify a brand’s target audience and then determine where the audience is located across the Web. As a result, the best ads are served to the right audiences at the correct time.

Marketers are sitting on a gold mine of information that’s just waiting to be unearthed. The amount of data we have access to is going to grow exponentially for the foreseeable future. Use it or lose.

Originally published in Marketing Land on 1/21/2013

 

The Most Common Misconception of 2012: Display Looks Like Search

The most common misconception over the past year has been the commonly heard statement,display looks like search. While we have all heard this a number of times (albeit it might be partially true) it’s largely based on one main factor: the rise of the auction-based marketplace in display.

However, there are a number of reasons why I see this reason as misleading… read on:

Display Is About Audiences & Reach

The growth of ad targeting has actually led to display becoming more audience-driven than ever before. Behavioral advertising and search retargeting both focus on mid to upper funnel activities where brands use display ads to move the customer into the purchase funnel, as well as help them through it.

In search, advertisers have better precision but limited reach. Another key difference is that bidding is based on keywords vs. audiences that are derived from search activity and online behaviors, psychographics, etc.

Real-Time Media Does Not Equate To Direct Response

The concept of delivering the right ad, to the right person at the right time exists in both search and display. However, it is the response of the real-time ad that differs.

Search represents a clearly defined direct response channel. A user searches, immediately receives an ad related to their search query and is expected to take action.

In display, and more specifically in data-driven display advertising, a user is targeted with a display ad based on audience information. They may not take action by visiting a website or inquiring for more information right away; but, days later, or even weeks later, they might do so.

Within that time, other display ads are shown. This type of real-time media is about sequencing, frequency caps and influencing the consumers during the consideration phase.

In display, reaching consumers at the optimal time is relies heavily on the combination of creative, media and even data optimization.

Display & Search Are Held To Different Metrics

Simply putdisplay is not search and shouldn’t be measured by the same click-based yardstick. Search marketing is a complex topic, and has developed into a rigorous discipline. Keyword search marketing is very similar to the yellow pages ads. In the ’70s, if you wanted to find a business, everyone searched in the Yellow Pages.

Display does not rely on metrics as simple and straightforward as a click. Display may actually be the most measurable channel today when you consider the various touch points available to marketers. First, there is reach. After all, display campaign are generally bought on impressions and focused on maximizing exposure (targeted or not).

Next, there is engagement. The creative opportunities in display lend itself to additional metrics. On the other hand, some display campaigns may look at site visits – what ads are contributing to site conversion and even conversions and ROI.

The point is, metrics for display differ from advertiser to advertiser and by campaign to campaign. It’s about aligning campaign goals with the actual metrics used.

Even if a retailer is looking to sell products, one display ad is most likely not going to be 100% responsible for the sale.

Buying Keywords In Search Differs From Keyword-Level Display Advertising

Search retargeting is not search. The concept of search retargeting is a display strategy. The usage of keywords even differs.

In display, you are buying inventory based on audiences that have been targeted based on search history. In search, you are bidding on keywords.

Let me explain the fundamental differences here. First, in search advertising you are using a keyword list and bidding on selected words. In display, you are paying by CPM and expanding your reach by targeting audiences that may have not only searched for that one word, but also other related words or categories.

Second, in display you are able to reach consumers much earlier in the funnel because you are utilizing search terms from across multiple types of search entities – not just search engines. Most often, search retargeting is used as a pure display strategy, but there are times when search teams leverage it for search extension.

Display might have more search-like characteristics than ever before, but display is a different breed entirely. Audience reach, awareness and different metrics are all proof points that these channels equate to different strategies.

Let’s put the idea of display looking like search to bed in 2012, and instead, open up to how various channels can work hand-in-hand in 2013.

 

Article originally published in Search Engine Land

Targeted Advertising: Gaining Ground For Branding Campaigns

To date, branding has often been associated with billboards, magazine spreads and million-dollar TV spots. In online advertising, this translates to large media buys with premium publishers, including spots such as site sponsorships and homepage takeovers.

However, where do data and ad targeting fit into the branding equation? Is there a place for branding campaigns within the world of ad targeting and real-time media buying? The answer is yes.

Large brands such as Proctor & Gamble (P&G) and Unilever have already commented publicly about moving brand dollars to digital — crediting their shift in ad spend to the cost savings and ability to have more 1:1 conversations with target consumers.

Other brands, both large and small, will likely follow suit and spend more of their advertising budgets on digital. We have already started to see this trend come alive in search retargeting — especially as more brands begin to couple data with more engaging ad formats, such as rich media and online video.

The truth is, branding campaigns have an opportunity to tap into digital channels and take advantage of the data revolution, which we typically refer to as “targeted awareness.”

Let’s first begin by clearly defining the online world of branding, targeted awareness and direct response:

There are two distinct catalysts for brands choosing to integrate ad targeting into their online advertising strategy:

  1. Data: The rise of data has created an opportunity for marketers to couple data and media together. With an improved access to data, brands can now leverage search retargeting and behavioral ad targeting for their branding campaigns.
  2. Digital Innovation: The innovation behind digital display allows brands to reach consumers with high-impact advertising in real time. This includes the integration of online video, rich media and interactive ad formats with data intelligence.

How To Tame Targeted Advertising For A Brand Campaign

So, how can advertisers leverage targeted awareness for their branding campaigns? Targeted awareness is all about using data to complement branding initiatives.

For starters, there is a lot of content being consumed beyond the large publishers. With this in mind, when brands purchase site buys or sponsorships, it’s imperative that they also immediately consider ways to amplify their reach.

For example, a brand may choose to align with ESPN.com for sporting content. However, the same consumers who read and visit ESPN.com may also be found cruising sites such as nbcsports.com, allsports.com or menshealth.com.

To extend the scale beyond what a single publisher can offer, brands should consider purchasing access to audiences through ad exchanges in real-time. Doing so allows brands to reach and target consumers throughout their experiences across a multitude of publisher channels, and at a lower price.

Let’s take our example one step further and consider that Under Armour is running a large ad buy on ESPN.com. To augment their reach, Under Armour should consider additional ways to increase its media exposure amongst relevant audiences.

By leveraging data, Under Armour could target consumers who have previously searched for sports-related keywords or who have indicated interest in key categories such as sports and fitness.

One way to accomplish this strategy would be to purchase audiences and ad placements on remnant inventory via the ad exchanges. Such ads might be video, standard banners or rich media — and could re-direct consumers to Under Armour’s larger media buy on ESPN.com or to a specific landing page for the brand.

Measuring Branding Success

Another key component to consider when running a targeted awareness campaign is measurement. Measurement for branding campaigns might be based on clicks, driving new traffic to the brand’s website, site activity or ad engagement.

Before testing targeted awareness, marketers must define their goals and work with their partner on the best targeting strategy for the campaign. A great way to test if a campaign has performed well in the targeted awareness bucket is to conduct a short-term brand study, through which you are able to measure brand lift. Companies like Vizu and comScore are great partners to consider for brand studies.

Ultimately, times are changing and brands now have many more options when moving ad dollars to digital. Ad targeting, real-time media buying and data are no longer just for performance campaigns — brands do have a place within the targeting arena.

With this in mind, consider how ad targeting can magnify your brand’s exposure and strengthen reach amongst relevant audiences for your next branding campaign.

 

Article originally published on Marketing Land on 8/6/12

Bizrate Insights Reveals Favorable Consumer Attitude Toward Retargeting

A new survey from Bizrate Insights reveals that an overwhelming majority – 85% – of consumers have a positive or neutral outlook on retargeted display ads.

The study was based on 5,343 surveys from online shoppers after they completed purchases through online retailers affiliated with Bizrate, a unit of Shopzilla Inc.  Among those surveyed, 60% of the respondents say they feel neutral about retargeted ads, and 25% like them.

Among reasons for clicking on retargeted ads, the consumers mainly cited that they liked the product shown or that it served as a convenient way to visit a website of interest.

According to Bizrate Vice President, Hayley Silver, “Display retargeting is an effective way to re-engage with customers who have shown a direct interest in specific products.”

To learn more about the study, click here

Search Retargeting: Extending Search Marketing

At Internet Retailer last week, Jeff Campbell (Resolution Media) and Mike  Ryan (Lowes) presented a case study on Search Retargeting. Check out the presentation below for best practices, optimization methods, and more:

Search Engine Watch Covers Magnetic’s Report on Search Data

 Search Engine Watch recently published an article highlighting Magnetic’s new study, “Searching Beyond Search: Life Beyond the Googleplex.” Here’s a snapshot of the article, which takes the readers beyond search retargeting and focuses in on the search data, where it comes from and why its powerful for display advertising….

It may surprise many marketers to learn that while 62 million U.S. searches are performed on core search engines like Google and Bing on the average day, an additional 33 million are happening on alternative search sites. In January this year, search engines accounted for 18.7 billion U.S. searches; alternative search sites produced another 9.9 billion (report cites comScore data). 

Marketers focused solely on traditional search may be missing out on a huge opportunity not only to tap into additional search data, but to connect in a meaningful way with searchers further into the purchase funnel. A new study by New York search retargeting firm Magnetic shows that while search activity overall is up, those using alternative search sites are also searching longer, indicating a greater quality experience for users. 

Read the full story here: http://searchenginewatch.com/article/2183204/Beyond-Google-Tap-Into-the-Alternative-Search-Engine-Data-Opportunity

Download report here: http://www.magnetic.com/searching-beyond-search/