imedia brand summit "reengineering omni-channel marketing to drive revenue"
DESCRIPTION
Edwin Lee, VP Strategic Accounts, MediaMath presented at the iMedia Brand Summit, September 2014. His presentation is titled "Reengineering Omni-Channel Marketing to Drive Revenue."TRANSCRIPT
v
Reengineering Omni-Channel Marketing to Drive RevenueEdwin Lee, VP Client Expansion, MediaMath
iMedia Brand Summit, Tuesday September 9th, 2014
The Multi-Device World
@DWIN1 @MEDIAMATH
Globally, digital media consumptionnow accounts for 57% of daily media time
42%
12%
23%
5%
11%
7%
Online PC Online Mobile TV Print Radio Games Console
10.7 hours of MEDIA TIME per day
9%
10%
12%
24%9%
27%
9%Online TV Online News Micro-Blogging Other Online Radio
Social Networking Blogging
5.6 hours of DIGITAL TIME per day
Source: GlobalWebIndex: Digital 2013 –A Global Analysis of How Consumers Spend Their Media Time, Q4 2012
Traditional VS Programmatic Media Buying
160 Decisions/week (1 FTE)
840 Billion Decisions/week (1FTE)(5,250,000,000 times MORE decisions)
Display Publishers x Networks
Video Partners x
Mobile/Social x Search
Partners
=
Advertisers Billion impressions/day (Multivariate Decisions)
x Days (1 week)
=
=
Source: Lorem Ipsum
x
x
The Programmatic Opportunity
@DWIN1 @MEDIAMATH
[ ] Attributing credit to the most effective marketing channels
[ ] Leveraging and activating all data sets to produce actionable consumer insights
[ ] Sequencing messages – when and what is the customer seeing on any given channel or device and at what point in their customer journey to drive the most effective engagement and ultimately ROI.
The Struggle is Real. Or is it?
@DWIN1 @MEDIAMATH
Think Multiple Channels -Give Credit Where Credit is Due
@DWIN1 @MEDIAMATH
Siloed Data is Sad Data
@DWIN1 @MEDIAMATH
Sequential Messaging
@DWIN1 @MEDIAMATH
[ ] Measuring the partial contribution of each marketing touch point and their inter-dependence that lead to a conversion across all the channels of a media buy
[ ] Generating consumer-level insights through the activation of data
[ ] Sequential messaging across channels and devices to increase brand affinity and awareness
Don’t Abandon Ship, Hope is Not Lost
@DWIN1 @MEDIAMATH
Understanding the Path to Conversation
””
26% of the brand’s display efforts were providing a closing opportunity for Search.
Full LifeCycle
BrandDirect
@DWIN1 @MEDIAMATH
Business and Media Analytics -Better Together
SuccessLeveraging advanced attribution data at every bid decision, the client saw a 21% increase in ROAS
@DWIN1 @MEDIAMATH
Disjointed Devices and Messages
””
Dynamic creative and being able to message match is something that will continue to grow. And that’s something that’s good for the consumer and for the advertiser.
- Insurance Marketer
””
Employing sequential messaging produced a 15% cross-sell rate to existing customers and a 96% increase in awareness of the product.
@DWIN1 @MEDIAMATH
The Age of Automation
@DWIN1 @MEDIAMATH
The Power of the OS