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Why Should Brands Care about Data Enabled Buying? David L. Smith CEO and Founder Mediasmith Jocelyn Chambers Sr. Manager Citrix Online.

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Presentation on theme: "Why Should Brands Care about Data Enabled Buying? David L. Smith CEO and Founder Mediasmith Jocelyn Chambers Sr. Manager Citrix Online."— Presentation transcript:

1 Why Should Brands Care about Data Enabled Buying? David L. Smith CEO and Founder Mediasmith Jocelyn Chambers Sr. Manager Citrix Online

2 Data Enabled Buying-Who Cares? Marketers should care about this – Who is in charge of your data? Agency? Web team? – Data normalization plan? Do you have one? Is it even possible?

3 Why Now? FTC and Congress may take tools away – Targeting and use of 3 rd party cookies (privacy issues) – Need to maximize your use of first party data (your own) – Great leverage exists in use of data to buy audience rather than impressions

4 Data Enabled, Technology Assisted Buying Demand Side Platforms Targeting OptionsEnhancement Technologies Site Buys Data Management Platforms Real Time Bidding Client Data

5 Advantages of Multi-Source Buying Combination of site direct and audience buying makes for a more efficient buy Cost of “site direct only” inventory prevents scaling – Reach is limited to selected publishers – Inventory is not all targeted to your audience – Difficulty learning about your customers Addition of Private Network buys adds efficiency and reach

6 What can data-enabled buying do for you? Citrix Online faced declining display engagement volume and increasing costs – Mediasmith tested and replaced under-performing direct buys with data- enabled strategy – Results: impression volume increased 15X and attributable engagement KPIs increased 10x Just the first stage: data is one of your brand’s assets and there are many ways to leverage that value

7 GoToMeeting: Q12008 - Q12010 Low overall display impression volume and engagement conversions. 7/1/10: Data strategy initiated. 10/1/10: >50% Data-enabled partners. Note relationship between impression volume and conversions. 4/1/10: Mediasmith engaged.  Conversion KPI  Impressions

8 How did we launch the strategy? Implemented a thorough site tagging architecture Upgraded 3rd party ad server technology Created an interactive business intelligence dashboard – Joined Citrix Online’s back-end, ad-server and partner data Profiled best customer attributes Enriched partner DSPs with prospect profiles Built up remarketing pools

9 What did this mean for Citrix Online? Renewed confidence levels in data from online media Confirmed our target customer audiences and reduced ineffective spend Expanded the reach of our message by delivering greater impression volume at lower CPMs New insights into the performance trends of our overall media mix

10 Why use data-enabled buying for brands? Data-enabled buying is a branding “tool you can’t live without” – Increases your brand’s exposure through scale – Creates cost efficiencies through targeting and bidding strategies – Normalizes your data for cross-tactic applications – Provides backbone for contextual and brand lift metrics plug-ins to ensure success

11 So, what are we going to do next? Leverage existing customer profile attributes to create new prospect pools in conjunction with 3rd party data segments Architect re-messaging sequence and test dynamic creative Extract the value of website engagement by using site-side customer experience data Bring search and offline media pressure into a comprehensive analytics framework


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