2015 idea bank presentation

72
#PromotionsLab How to Drive Digital Revenue & Generate Leads for Advertisers with Promotions

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Page 1: 2015 Idea Bank Presentation

#PromotionsLab

How to Drive Digital Revenue &

Generate Leads for Advertisers with

Promotions

Page 2: 2015 Idea Bank Presentation

#PromotionsLabsecondstreetlab.com/idea-bank

Promotion ExamplesCase Studies

Playbooks & Worksheets

Page 3: 2015 Idea Bank Presentation

WHY

PROMOTIONS

?

Page 4: 2015 Idea Bank Presentation

Shift in Spend

Page 5: 2015 Idea Bank Presentation

Source: Borrell Associates

$0

$10

$20

$30

$40

$50

$60

$70

$80

$90

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Online

Promotions

are

Exploding

Promotions are a Growing Trend

Page 6: 2015 Idea Bank Presentation

D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E

2 STRATEGIES

FOR

PROMOTIONS

Page 7: 2015 Idea Bank Presentation

SPONSORED

CONTESTS

&

MEASURABLE

RESULTS

Page 8: 2015 Idea Bank Presentation

SPONSORE

DCONTEST

S

Page 9: 2015 Idea Bank Presentation

What’s a Sponsored Contest?

Contest Run on Media Company Website,

Sponsor Logo Included in Branding

Page 10: 2015 Idea Bank Presentation

WKDZ-FM Bathroom Makeover Contest

$5K in Revenue

7 Sponsors

$6,500 Prize Value

Contesting works in small markets!

Page 11: 2015 Idea Bank Presentation

WCKX-FM Photo Contest

$10K in Revenue

Part of a $30 - $40K annual buy

Cross promoted Powerfest

Deep engagement with audience

Page 12: 2015 Idea Bank Presentation

WSB-FM Dream Wedding Contest

10 weddings books

$30K for station

500 engaged couples as leads

Page 13: 2015 Idea Bank Presentation

WCKX-FM Imported from the D

$60K in Revenue

1,200+ new fans

562 new emails

12,000% increase in engagement

Page 14: 2015 Idea Bank Presentation

DRIVING

MEASURABLE

RESULTS

Page 15: 2015 Idea Bank Presentation

#promotionslab

Advertisers Want to

Activate Consumers

Page 16: 2015 Idea Bank Presentation

1. Generate Leads

2. Drive Foot Traffic

3. Grow Social Engagement

4. Grow Email Database

5. Collect Data

What Advertisers Want

Page 17: 2015 Idea Bank Presentation

1. Generate Leads

2. Drive Foot Traffic

3. Grow Social Engagement

4. Grow Email Database

5. Collect Data

What Promotions Do!

Page 18: 2015 Idea Bank Presentation

What is An Advertiser Contest?Contest Run on Advertiser’s Page,

Media Company Not Visibly Involved

Page 19: 2015 Idea Bank Presentation

Why Measurable Results Matter:

For your station:

You are in control of elements of

campaign

Encourages repeat business

Be the expert in your market

$$$

Page 20: 2015 Idea Bank Presentation

For your advertiser:

Tangible outcomes

Measurable results

Deliver agreed upon results

Why Measurable Results Matter:

Page 21: 2015 Idea Bank Presentation

Uncovering Advertiser

Goals

Page 22: 2015 Idea Bank Presentation

NEEDS ANALYSIS

Page 23: 2015 Idea Bank Presentation

Why Do a Needs Analysis?

Learn

Advertisers Goals

Uncover

Challenges

Build a

Relationship

Gain Additional

Insights

Page 24: 2015 Idea Bank Presentation

“How will you measure success?”

Questions to Ask

High Value

“What areyour

main goals?”

Page 25: 2015 Idea Bank Presentation

Crafting Your

Pitch

Page 26: 2015 Idea Bank Presentation

PICK THE RIGHT PROMOTION

Page 27: 2015 Idea Bank Presentation

SET THE RIGHT GOALS

Page 28: 2015 Idea Bank Presentation

Optimizing The

Campaign

Page 29: 2015 Idea Bank Presentation

Track the campaign

• Track results throughout the life of the

campaign

• Keep in contact with the advertiser

Page 30: 2015 Idea Bank Presentation

Following Up

Page 31: 2015 Idea Bank Presentation

FOLLOW-UP MEETING

Page 32: 2015 Idea Bank Presentation

Share Measureable Results

Page 33: 2015 Idea Bank Presentation

Continue Needs Analysis Discussion

Page 34: 2015 Idea Bank Presentation

Next Steps for Advertiser (and You)

Page 35: 2015 Idea Bank Presentation

Case Studies

Page 36: 2015 Idea Bank Presentation

Grow Email Database

Grow Social Engagement

Collect Data

Page 37: 2015 Idea Bank Presentation

THE SOLUTION

Page 38: 2015 Idea Bank Presentation

THE CAMPAIGN

Radio Internet Radio

Email Display Ads

Page 39: 2015 Idea Bank Presentation

THE CAMPAIGN

Page 40: 2015 Idea Bank Presentation

2,199email opt-ins

RESULTS

Page 41: 2015 Idea Bank Presentation

RESULTS

1,284 New

Likes!

56% entered through mobile

Page 42: 2015 Idea Bank Presentation

SURVEY RESULTS

Did you know Haydel'sBakery has Gluten

Free Options?

Yes No

Did you know Haydel'sBakery makes King Cakes all year long?

Yes No Yes No

Did you know we

ship worldwide?

Page 43: 2015 Idea Bank Presentation

Q2 PROMOTION

Page 44: 2015 Idea Bank Presentation

Q3 PROMOTION

Page 45: 2015 Idea Bank Presentation

SECRET SAUCE

• Valuable insights for the advertiser and lead generation

• Mobile database, Facebook, and email database growth

• Proof through results

Page 46: 2015 Idea Bank Presentation

Drive Leads

Grow Social Followers

Page 47: 2015 Idea Bank Presentation

The Solution

Page 48: 2015 Idea Bank Presentation

RESULTS

40Qualified Leads

Page 49: 2015 Idea Bank Presentation

#PromotionsLab

Generate Leads

Grow Email Database

Grow Social Engagement

Page 50: 2015 Idea Bank Presentation

THE SOLUTION

Page 51: 2015 Idea Bank Presentation

QUALIFYING SURVEY QUESTIONS

Page 52: 2015 Idea Bank Presentation

RESULTS

164Qualified Leads

Page 53: 2015 Idea Bank Presentation

RESULTS

217opt-ins

Page 54: 2015 Idea Bank Presentation

RESULTS

100Facebook Likes

Page 55: 2015 Idea Bank Presentation

SECRET SAUCE

• Targeted promotion for a niche audience

• Survey questions qualified entrants

• Follow-up meeting with client to discuss next steps

Page 56: 2015 Idea Bank Presentation

More Promotion Types

Page 57: 2015 Idea Bank Presentation

More Promotion Types

Page 58: 2015 Idea Bank Presentation

Golf CardKCSP-AM | Kansas City, Missouri

$25k

Page 59: 2015 Idea Bank Presentation

Email = 66% of

Deal Revenue

Page 60: 2015 Idea Bank Presentation

0

50

100

150

200

250

300

350

400

Day 1 Day 2 Day 3 Email Sent Day 5 Day 6 Day 7

Contest Submissions by Day

70% of

Submissions

The Impact of Email

Page 61: 2015 Idea Bank Presentation

Golf CardKCSP-AM | Kansas City, Missouri

Page 62: 2015 Idea Bank Presentation

Next Steps

Page 63: 2015 Idea Bank Presentation

Needs Analysis

Page 64: 2015 Idea Bank Presentation

Pick the Right Promotion

Page 65: 2015 Idea Bank Presentation

Promotions Deliver Results

Page 66: 2015 Idea Bank Presentation

Share Measureable Results

Page 67: 2015 Idea Bank Presentation

WHATNOW?

Page 68: 2015 Idea Bank Presentation

Getting Started: Get Trained

Promotions

University is an

online training

program designed to

help you and your

team run successful

promotions.

Page 69: 2015 Idea Bank Presentation

Contest Sales Planning Contest Sales

Deal Sales

Learn more at:

secondstreet.com/university

Page 70: 2015 Idea Bank Presentation

Download our contest planning calendar template and idea bank at:

Getting Started: Create a Plan

secondstreetlab.com/calendar

Page 71: 2015 Idea Bank Presentation

Getting Started: Create Packages

Download our sample packages at:

secondstreetlab.com/packages

Page 72: 2015 Idea Bank Presentation

secondstreetlab.com/idea-bank

Promotion ExamplesCase Studies

Playbooks & Worksheets