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TODAY’S AGENDA
● A little about our Fairfax Media marketing cloud
● Three case studies:Using targeting to locate the right
audienceUsing targeting to eliminate the
wrong audienceUsing targeting to avoid
reputational damage
FAIRFAX MEDIA’S COMPETITIVE ADVANTAGE
Reach: Unparallelled ability in the New Zealand market to reach consumer very cost effectively with our own offers and products.
Outcome: With the ability to take new propositions to market with no media cost, in the right markets we can outcompete on cost per acquisition.
Objectives
Streamline the customer experience
Reduce Acquisition
cost
Reducing risk &
opportunity cost
Case Study 1: Targeted vs ‘Batch & Blast’ Marketing
You can make your points here - Font Size 24All font is Questrial
Goal: Use Fairfax Media’s audience to drive acquisition for social site Neighbourly
What we did: Sent customers with a delivery postal ID an email with a verified link so they could join instantly.
ResultsDPID No DPID
Send Volume 30,000 73,000
Open rate (%) 53% 31%
Prospects 15,900 22,630
Clicks (%) 6.40% 2.60%
Clicks 1,018 588
Sign ups 962 451
Conversion from click through 94.54% 76.65%
Goal: Reduce acquisition cost for magazine directed circulation campaigns & give customers a relevant offer of value to them.
What we did: Use behavioural segments from Stuff.co.nz to enrich targeting to find audience with a higher propensity to enjoy certain
magazine products and convert to a paid subscription.
Case Study 2: Reducing cost per lead through targeting
Results
Standard model Targeted model
Total Conversion: 3% Total Conversion: 9%
30%
10%
30%
30%
ROI $1:$4 ROI $1:$7
Case Study 3: Using the marketing cloud to create custom audiences
Goal: To reduce risk and opportunity cost of talking to the wrong audience
What we did: Used the ability to share segments between marketing cloud products to create lookalike audiences for on site targeting.
Hashed Customer
data
Matched in Adobe
Campaign
Shared to Audience Manager
The process
Create look-a-like
segments in Audience Manager
Use on Stuff.co.nz
for targeting
Results
Customers see content relevant to
them
Insight & learnings from
existing customers
Reduced risk &
opportunity cost
Case Study 1: Key Learnings
Using your data to target the right customers gives the customers a better experience and the business a significantly higher ROI
Aligning your customer experience to your business objectives gives you a better outcome for less cost
Case Study 2: Key Learnings
Leverage your customer data to find customers with the highest propensity to convert at the end of the funnel.
By using the marketing cloud to share behavioural data with known customer data provides a cohesive and consistent customer experience
Case Study 3: Key Learnings
Use the marketing cloud to match customer data and create look alike models from known customer data to give you confidence that you are talking to customers who look more like your existing customers
Eliminate the opportunity cost of talking to the wrong customers at the wrong time and deliver a more relevant customer experience