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Week 6

The document outlines key concepts in media planning, display advertising, and email marketing, including definitions of media types, advantages of digital media, and strategies for effective email campaigns. It discusses various forms of media coverage such as paid, owned, and earned media, as well as the importance of targeting options and key measurements for display ads. Additionally, it emphasizes the significance of personalization and engagement strategies in email marketing to enhance brand awareness and customer retention.

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0% found this document useful (0 votes)
22 views67 pages

Week 6

The document outlines key concepts in media planning, display advertising, and email marketing, including definitions of media types, advantages of digital media, and strategies for effective email campaigns. It discusses various forms of media coverage such as paid, owned, and earned media, as well as the importance of targeting options and key measurements for display ads. Additionally, it emphasizes the significance of personalization and engagement strategies in email marketing to enhance brand awareness and customer retention.

Uploaded by

陳影彤
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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L6: Media Plannin g,

Display A ds,
and E mail -Market ing
Today’s Agenda

• Concept Checks

• Media Planning and Display Ads

• Individual Presentations

• Email-Marketing
Concept Checks

• Website marketing
• Website marketing objectives

• Website marketing strategies and tactics


• Adding services and technologies
• User-experience (UX focused design), interaction design (IxD), responsive
web design (RWD)

• Website content strategies


Media Pl an ning
What Is Media?

Media - Any channel of


communication.

• “Traditional” media –
newspapers, magazines,
mail, telephone, radio,TV,
movies, etc.
• “Digital” media – email,
WhatsApp, WeChat, LINE,
websites, Facebook, Twitter,
etc., including your
Smartphone, tablet, and
Internet of Things.
Types of Digital Media Coverage

Media type Definition

When a company buys time or


Paid
space on an existing platform

When a company builds and


Owned
owns a medium platform

When a company receives


Earned others’ (e.g., consumers, press)
word-of-mouth or attention

Humphreys, A. (2016). Social media: Enduring principles. Oxford University Press


Types of Media Coverage

Paid Media
Types of Media Coverage

Owned Media
Types of Media Coverage

Earned Media
Types of Digital Media Coverage

Humphreys, A. (2016). Social media: Enduring principles. Oxford University Press


Media in Digital vs. Traditional Channels

Media type Digital Example Non-digital (traditional) Example

Google search ads, Google display Advertisements on newspaper, TV,


Paid
ads, Facebook ads. billboard, and radio.

Blogs, the brand’s website, the


Owned Product catalogue, brochure.
brand’s social media accounts.

Customer reviews, brand mentions


Earned In person word of mouth.
on social media.
Digital Paid Media

Search advertising: most common form of pay-


per-click advertising. E.g., appear on top of your
Google search results (SEM).

Display advertising: display ads on webpages


– the most ubiquitous form of digital advertising –
unless blocked, often appear on webpages.

Social media advertising : any form of digital


advertising that uses social network sites and
apps that involves advertisers paying for ad
placement.

Affiliate marketing: reward a website – an


affiliate – for promoting one’s products and
driving traffic to one’s website.
Media Planning: What, Where, When and How Much?

Objectives

Strategy &
Implementation

Effectiveness
Media Planning: Advantages of Digital Media
Media Planning: Which Social Media Platform?

Choosing the Right Social Media Platform for Your Business, Accion Opportunity Fund
Media Schedule
Media Schedule: An Example of Social Media Post
Display A dvert ising
Industry Landscape of Display Advertising

A Simple Industry Structure

Web Publisher

Advertiser places ads on the


Visitor visits publisher’s website and pays
website publisher if a visitor visits the
website or clicks on the ad

Visitor Advertiser

Visitor clicks on the ad and then is


directed to the advertiser’s/brand’s
website
High Transaction Cost and Solution

Problem: high cost of contracting


• Advertisers generally don’t have time to sort through all the available inventory
out there.
• It is also costly for publishers to negotiate with each advertiser in the market.

Solution: we need more players and technology to speed up the


transaction between publisher and advertiser.
• Display ad network: An aggregator that collects ad inventory from publishers
and sells it to advertisers. It acts as an intermediary.

• Display ad exchange: A digital marketplace where advertisers and publishers


purchase and sell ad inventory directly. Ad exchanges don’t involve an
intermediary.
Ad Network

Understanding Ad Networks
Digita Garage
Ad Network

An ad network is an intermediary
between the publishers and
advertisers.
Ad networks aggregate inventory
from a wide range of publishers
and sell it to advertisers.

Example: Google AdSense,


Media.Net, BuySellAds, etc.
Ad Exchange

Ad exchange: A technology platform that runs auctions to determine which


advertiser buys an individual impression in real time (<0.1 seconds).
• Ad exchanges are operated by Google (DoubleClick), Facebook (FBX), OpenX, AppNexus and
Yahoo (RightMedia)

Ad Exchange,
Apps Flyer
Other Services

• Demand Side Platforms (DSP): Enable advertisers to use real- time bidding
technology and analytics, purchase inventory across multiple ad exchanges,
etc.
• Supply Side Platforms (SSP): Inventory management for publishers that allow
them to access multiple ad exchanges per auction
• Data Collectors or Data Management platform (DMP): Companies that track
and profile users and resell bundles of users to advertisers
Programmatic Advertising

Programmatic advertising is the use of automated technology for media buying (the
process of buying advertising space), as opposed to traditional (often manual)
methods of digital advertising.
Real Time Bidding

The buying and selling of online ads through real-time auctions that occur in the time
it takes for a webpage to load (i.e., fraction of a second).

You open a
webpage on your
browser

publisher
Targeting Options

The buying and selling of online ads through real-time auctions that occur in the time
it takes for a webpage to load (i.e., fraction of a second).

Behavioural
Targeting

Contextual
Targeting
Targeting Options

Which ad does a consumer


see?
1) Behavioral Targeting (DMP)
(e.g., retail advertising)

Behavioral targeting uses information


collected on an individuals’ web-browsing
behaviors, such as the webpage they
visited or the searches they made, to
select which advertisements to display to
that individual.
Targeting Options

Which ad does a consumer see?


2) Contextual Targeting

Advertising that is targeted to a web page


based on the page’s content, keywords, or
category.
Targeting Options

• What went wrong here – pitfalls of contextual targeting


Key Measurements for Display Ads

Impression vs. Reach

• Impression: An impression is a single ad on a single page loaded by a single user


at one time.
• Reach: A reach refers to the number of users that saw your content, i.e. how many
different people it reached.
Key Measurements for Display Ads

CPM (i.e., cost per mille or cost per thousand) : The price of 1,000 advertisement
impressions on one webpage. If a website publisher charges $2.00 for CPM, that
means an advertiser must pay to the publisher $2.00 for every 1,000 impressions
of its ad.
• This is how a campaign is normally priced when brand awareness or exposure is the primary
goal.
Key Measurements for Display Ads

CPC (i.e., cost per click) : The price that the advertiser pays to the publisher each
time a website visitor actually clicks on the ad.

• Ads can be priced this way when the aim is to drive traffic.
• Click-through rate (CTR): The percentage of people clicking on an ad and
visiting a webpage.

• Suppose today 1,000,000 people visited the website and among them,
1000 people clicked on an ad. Then, the CTR for this ad is 0.1%
Key Measurements for Display Ads

CPA (i.e., cost per acquisition): The advertiser pays only when an advertising
delivers an acquisition/a conversion after the user clicks on the ad.
• Acquisition/conversion may be a user filling in a form, downloading a file,
scanning a QR code to get a coupon, or making a purchase.
• Conversion rate is the percentage of visitors to your website who complete a
desired goal (i.e., a conversion), out of the total number of visitors.

The visitor comes to The visitor clicks an The visitor goes to


the publisher’s ad on the website the advertiser’s
website website and is
converted
CPM $
CPC $
CPA $
Exercise

Advertiser A wants to display a banner ad on the website X. Suppose


there are on average 1,000,000 people visiting the website X per day.
The click-through rate (CTR) of the ad is 0.2%. CPM is $1.5, while CPC
is $0.2. The conversion rate on advertiser A’s website is 1% and the profit
margin per conversion for A is $30.

(1) Does the website X prefer CPM or CPC?

2) What is the net revenue of the banner ad per day for the advertiser if CPM is used
for payment? What if CPC is used for payment?
Randomized Experiment (A/B Testing)

First, we should randomly divide the subjects into two groups.

Randomization means that the two groups are (statistically) identical in other
attributes such as demographics, income, etc.
Example: Obama Election Ad (2008)

• Background: In the Obama 2008


campaign, Obama had an Analytics team
to help the campaign make better
decisions. In one case, the team wanted
to increase the sign-up rate of visitors on
the campaign’s official website
(www.barackobama.com) and raise more
money.

• Goal: Choose the best content design for


the website’s homepage.

• They experimented with 2 parts of their


sign-up form: ad content and call-to-
action button
Example: Obama Election Ad (2008)

They tried 4 buttons and 6 different media (3 images and 3 videos).

Buttons Medias
Example: Obama Election Ad (2008)

They tried 4 buttons and 6 different media (3 images and 3 videos). They had 24 (4 x
6) total combinations to test. Every visitor to the sign-up page was randomly shown
one of these combinations and they tracked whether they signed up or not. The
conversion rate is measured as the sign-up rate.

Sign-up rates for the combinations of the different sections


Example: Obama Election Ad (2008)

The winner:
Example: Obama Election Ad (2008)

• Outcome: The winning variation had a sign-up rate of 11.6%. The


original page had a sign-up rate of 8.26%. That’s an improvement
of 40.6% in sign-up rate. What does an improvement of 40.6%
translate into?

• Let’s calculate: we know roughly 10 million people signed up through the sign-up
page during the campaign. If we used the original design, then number would be
closer to 7,120,000 signups, which leads to a difference of 2,880,000 email
addresses (if one sign up, he or she needs to provide email address).
• Next, we also know the email conversion rate is 10% (10% people who receive
the campaign emails will denote) and we also know the average donation per
conversion is $21. Therefore, the optimal design from A/B testing raised an
additional $6 million in donations (2,880,000* 10% * $21)
Indi vid ual Present ation
E mail Market ing
Email Types

• Informational
• New product announcement
• Newsletter
• Welcome
• Promotional
• Promotional/Discount
• Limited-offer
• Transactional
• Purchase completion/Receipt
• Confirmation
• Other
• Survey
Email Marketing Examples
Facts about Email Marketing

• 99% of marketer use it


• Some of the email marketing is perceived as spam
• Can be very personalized/targeted/customized and dynamically
optimized
• Very cheap (~$0.2 for 1,000 emails)
• Easy to track outcomes (opened, clicked, ...)
Email Marketing Objectives

Overall Related Email Marketing Value for


Marketing Objective Consumer/Customer
Objective
Increase brand Increase emails promoting the Access to brands, reminder about
awareness brand by 15% the brand and what it stands for

Gain traffic, leads, Increase conversion-based email Access to promotions, products,


sales, and conversion marketing by 12% and services

Enhance retention and Increase email CTR by 5% for Access to valuable products,
loyalty emails targeted to existing services, and promotions on an
customers ongoing basis

Increase brand image Increase brand image by 2% Easy to make choices about brands
and reputation through targeted email marketing
Email Marketing Considerations, Strategies, and Tactics

The email marketer must make decisions related to:

• In-house versus email marketing services


• Click-through open-rate strategies and tactics
• Email lists strategy and tactics
• Email audience, segmentation, and targeting strategies and tactics
• Email re-engagement and retention strategies and tactics
• Strategies and tactics to avoid the dreaded “unsubscribe”
• Email testing strategy and tactics
In-House versus Email Marketing Services

Various email marketing platforms and software apps are available: Mailchimp,
HubSpot, Sendinblue, Campaigner, Campaign Monitor and Drip.

Many of these platforms offer automation options, including the ability to conduct drip
campaigns—automated emails that are sent to consumers to allure them to take a
desired action, sometimes based on previous actions they have taken.

Drip offers an automated drip


campaign service that allows
email marketers to use pre-
made workflow templates to
create automated emails
Drip
Click-Through Open-Rate Strategies and Tactics

Two key measures of the effectiveness of email campaigns are open rates and click-
through rates.

• Email open rate is the percentage of emails opened compared to the number
delivered.
• Email click-through rate (CTR) is the percentage of consumers who perform a
click-through action compared to the number of emails delivered.
Email Lists Strategies and Tactics

Email lists can be generated by asking


people to sign up for a newsletter or by
collecting emails through:
• Blogs
• Promotions
• Landing pages
• Pop-ups
• Sign-up forms
• Physical event sign-ups
• Social media ads Statista newsletter sign-up offers regional
options and choice of delivery timing
Statista Inc
Email Re-Engagement and Retention Strategies and Tactics

When engagement declines, it is


important to re-engage with
consumers. Some effective email
re-engagement strategies are:
• Sending a targeted email to those who
do not engage often.
• Personalizing an email.
• Providing rewards.
Email from HireVue nudging
consumers to return to the service
Hirevuw, Inc.
Email Personalization: Example (Sahniet al. 2016)

Randomzied Experiment
• Including names in subject line
Email Personalization: Example (Sahniet al. 2016)

Randomzied experiments
• Results
Email Marketing Content Strategies and Tactics

Sticky email content is content that consumers will read and care about.
Some strategies and tactics that can make content sticky include:

• Mobile-first: More emails will be opened on mobile than desktop devices.


• Subject line: A catchy and personalized subject line is more likely to stick.
• Effective and sticky body text: An immediate statement of what value is being offered through the
email might be a good place to start.
• Design and experience: Creating an effective layout is important.
• Personalization: Recommendations tailored to a customer’s activity or interests can increase
engagement.
• Call to action: A call-to-action button may be preferred over a simple link.
• Sensitive and Inclusive: Avoid content that might be considered offensive or disrespectful.
Email Marketing Content Strategies and Tactics

Mobile-first: More emails


will be opened on mobile
than desktop devices.

Using a responsive email


template is one method to
create mobile-friendly
emails designed for mobile
environments.

Campaign Monitor responsive email templates


Campaign Monitor

UNiDAYS reference poster for mobile users


UNiDAYS
Email Marketing Content Strategies and Tactics

Effective and sticky body text: An immediate


statement of what value is being offered through the
email might be a good place to start.

In order to be sticky, email content should be Overstock.com immediately states the value being provided
Overstock
engaging. For example, to help create stickiness:
• Provide content that is relevant.
• Be clear. Don’t make consumers guess what is
being stated.
• Provide credible sources to back up claims such
as testimonials.
• Show benefits (such as through use of images)
instead of just listing them.

Uber simplifying the email text to emphasize the key message


Uber
Email Marketing Content Strategies and Tactics

Design and experience: Creating an effective layout is important.

Several different layouts are popular:


• Inverted pyramid layout presents the image and content information first and the call-to-
action button below. Coursera uses a simple inverted-pyramid approach to get its
promotional message across.
• One-column or two-column layout presents the email content in columns.
• Zig-zag layout presents the content on one side, then on the other, and so forth.
Email Marketing Content Strategies and Tactics

Coursera’s email marketing campaign gets


right to the point with a simple yet Zig-zag layout
effective layout
Coursera
Email Marketing Content Strategies and Tactics

Design and Experience: Creating an effective layout is important.


F-shape (Nielson 2006)
Email Marketing Content Strategies and Tactics

Calls to Action: A call-to-action button


may be preferred over a simple link.

Calls-to-action should use direct and


clear terminology like:
• Sign up
• Buy now
• Subscribe
Email Marketing Content Strategies and Tactics

Sensitive and inclusive: Avoid content that might be considered offensive or disrespectful.
Such content might be detected as spam.

• Whitelisting: let customers add your address to the contact list


• Avoid using spam trigger words: e.g., “Cash bonus”, “double your xxx”, “crazy deals”.
• Avoid using odd formatting
• Keep your deliverability high: e.g., keep your email list updated (remove inactive and
invalid customers)
• Spelling and Grammar!
Email Marketing Analytics

Email Marketing How to Calculate Industry


Analytic Ranges
Open Rate Percentage of consumers who opened an email compared to the 10–25%
number of emails delivered.
Number of consumers who opened an email
Number of emails delivered
× 100%

Email click- Number of unique clicks from an email 2–6%


Number of emails delivered
× 100%
through rate
(CTR)
Conversion rate Percentage of consumers who clicked on email and took a desired Only a
action. few
Number of desired actions taken percent
Number of emails delivered
× 100%

Sources: Campaign Monitor, “7 Email Marketing Metrics Every Market Needs to Know”; Mailchimp, “About Email Marketing Engageme nt”;
HubSpot, “Email Analytics: The 8 Email Marketing Metrics &amp; KPIs You Should Be Tracking.”
Email Marketing Analytics

Email Marketing How to Calculate Industry


Analytic Ranges
Revenue per The dollar amount made in sales for each email delivered.
email Dollar amount made in sales
Number of emails delivered
Engagement level Degree of consumer engagement.
Number of times a consumer takes a desired action
Number of emails sent to that consumer
Bounce rate Percentage of emails not delivered to consumers on an email list. 1–5%
Number of emails that bounced
Number of emails sent
× 100%

Sources: Campaign Monitor, “7 Email Marketing Metrics Every Market Needs to Know”; Mailchimp, “About Email Marketing Engagement”; HubSpot,
“Email Analytics: The 8 Email Marketing Metrics &amp; KPIs You Should Be Tracking.”
Email Marketing Analytics

Email Marketing How to Calculate Industry


Analytic Ranges
Unsubscribe rate Percentage of consumers who unsubscribe from an email campaign.
Number of consumers who unsubscribe
Number of emails delivered
× 100%

Spam complaint Percentage of consumers who mark email as spam.


rate Number of consumers who mark email as spam
Number of emails delivered
× 100%

List growth rate Percentage by which an email list has grown over time.
Number of new subscribers in a time period
Number of existing subscribers

Sources: Campaign Monitor, “7 Email Marketing Metrics Every Market Needs to Know”; Mailchimp, “About Email Marketing Engageme nt”; HubSpot,
“Email Analytics: The 8 Email Marketing Metrics &amp; KPIs You Should Be Tracking.”
Email Marketing Reports

Mailchimp offers a number of analytics


reporting tools for email marketing. For
example, its overview report outlines:
• Number of recipients
• Audience
Mailchimp offers a report of an email campaign within 24 hours.
• Order-revenue details Source: https://mailchimp.com/help/about-email-campaign-reports/

• Open rates
• Bounce rates
• Clicks
• Performance of the campaign in the
first 24 hours.
Mailchimp’s click performance report shows clicks for each URL
Source: https://mailchimp.com/help/about-email-campaign-reports/
Next Class

• L7: Mobile and Omni-Channel

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