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The World of Online Lead Generation is Evolving                                    3

Display for Lead Generation? Yes!                                                  3

Display Lifts All Boats                                                            5

Where Display Fits in Today’s Lead Generation Tactics                              6

Understanding What Makes Display Unique                                            7

Key Strategies to Help Lead Generation Marketers                                   8
Achieve Success with Display

   » Understand the Interplay between                                              8
     Branding and Direct Response

   » Identify Your Website Visitors and Optimize                                   9
     to High-Performing Segments Over Time

   » Optimize Every Element of Ad Creative Over Time                               12

   » For the Greatest Impact, Establish Reach—then Retarget                        13

   » Measure Display Advertising Success from                                      14
     Impressions to Cost per Lead

   » Set up Basic Attribution Modeling                                             16
     —Simple Value Attribution Gets You 80% of the Benefit

   » Use Display to Drive Leads across the Entire Marketing Mix                    17

Conclusion                                                                         18




                          The Guide to Generating Leads with Display Advertising        |   2
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If you market to business professionals, you’re no stranger to the abundance of
online lead generation tactics and technologies available today. Most marketers
have become effective at working their core programs such as email marketing,
paid search (SEM), and search engine optimization (SEO). However, as a
company’s marketing effort matures and it tries to provide an ever-increasing
pool of leads to help sales reach revenue targets, it often sees diminishing returns
despite allocating more marketing dollars to these channels.

Top marketers are finding that increased pipeline demands require new
approaches to lead generation. More often than not, companies reach a point
where they’re struggling to find additional levers to optimize their online
marketing programs. A primary reason for this is that lower-funnel channels such
as email and search are really only reaching a very small portion of their target
audience. For example, email marketers are limited by the size of their house
databases or the finite number of external lists that actually target their market.
And according to comScore, paid search is only reaching around 8% of the people
that a matter to a given marketer 1 .

So how can marketers break through their core program plateau and reach
the highest percentage of the audience that they care about online? Just
as traditional advertising has been used as “air cover” to support marketing
efforts for decades, it all starts with reaching a much larger percentage of the
marketer’s core audience.


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Enter targeted display advertising. Like other mass media vehicles such as TV,
radio, and billboards, display advertising can scale and reach almost everybody
that a marketer wants to touch. However, unlike these broad and expensive
vehicles, targeted display ads give marketers a cost-effective way to access their
precise business audiences—wherever they travel across the Web—and helps
drive the right target prospects into the top of the marketing funnel. Today, a
marketer can put a display ad in front of the exact business segments they’re
targeting without wasting a single ad impression on someone who is irrelevant
to their business.

 1   “How Online Advertising Works: Whither the Click?” comScore, December 4-5. 2008, http://www.slideshare.net/iabcolombia/
     how-online-advertising-works-2411638.



                                      The Guide to Generating Leads with Display Advertising                      |      3
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                                              Display has graduated to a core part of the mix for
                                          many marketers, with others well on their way in
                                                             their display journey.
75%

      65%                                   When asked to rank their top three priorities for marketing
60%
                 60%                        initiatives for 2011, marketers revealed that Display was most
                              56%           important (65%) followed by Mobile (60%) and Search
                                            Engine Optimization (56%).
45%


30%
                                            Nearly all marketers (90%) report that Display is as
                                            important or more important to their marketing mix than last
15%
                                            year and almost half of marketers (49%) plan to spend more
                                            on display advertising this year than they did last year. 2
      Display   Mobile     Paid Search/
                               SEO




                While other marketing channels such as search and email are most useful for
                targeting prospects in later stages of the sales cycle (e.g. during the vendor
                evaluation stage) display advertising helps fuel lead generation from start to
                finish. And because the business consumer’s buying process is longer and more
                complex than the typical consumer purchasing process, display ads work well to
                increase awareness and brand saturation for prospects at all stages of the sales
                cycle.

                Display ads begin to influence a prospect’s decision making from the point
                at which they become aware of a product or service to even after they have
                purchased—at which point they may be looking for reassurance that they have
                made the right choice. Display is one of the best vehicles for educating, building
                trust, and preparing prospects to engage with your sales team—when they are
                ready to engage.



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                                               The Direct Marketing Association
                         The DMA used targeted display advertising to support and directly drive
                                more than 400 attendee leads and registrations to its
                                       annual DMA Conference and Exhibition. 3




                 2 Data taken from the Bizo Online Marketing Survey, March 2011, in which more than 130 marketers were surveyed. http://portal.
                   sliderocket.com/AHJJM/Bizo-Online-Marketer-Survey

                 3 “The DMA Taps Bizo Audience Marketing to Achieve Conference Goals,” Bizo case study, 2011.




                                                      The Guide to Generating Leads with Display Advertising                        |       4
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And that’s just the beginning. The interplay between display and other programs
is where the real magic happens! Display is very effective at creating “lift” across
the entire marketing mix, essentially helping achieve greater return from every
marketing dollar invested in paid search, email, SEO, events, and other programs.

To more tangibly illustrate this lift effect, let’s take a closer look at how display
can impact paid search. Studies consistently show that people who come across
a display ad are more apt to visit Google or their search engine of choice to
search on the company or product they saw highlighted in the ad. As shown
in the examples below, the lift in a company’s paid search performance can be
significant.

      comScore found that “search alone produces an 82% lift in sales from
      visitors exposed to ads, compared to…119% when search and display
      are combined.”4

      Salesforce.com saw an 80% lift in branded search volume and conversions
      when a display campaign was running in parallel.5

      Apogee, a paid search consultancy firm, had one B2B client spending
      $12,000/month in paid search in a relatively new product category, and was
      struggling to achieve a critical mass in visibility and inquiries. After initiating
      a display campaign which grew to about $20,000/month while reducing paid
      search spend to $4,000-$6,000 per month, and gearing that spend to brand
      and product terms, the client saw a 300% uplift in website visits.



                           The Different Flavors of Targeted Display

    Site-based Advertising – Ad targeting based on the assumption that a
    specific audience is visiting a certain website (e.g. golfers visiting golf.com).

    Contextual Advertising - The text of a website is scanned for keywords and
    ad servers return advertisements to the web page based on what the user
    is viewing. A marketer’s ads are placed next to related content (e.g., an ad
    for an HR software solution next to an article on hiring) in an attempt to
    provide greater ad relevance.
                                                    (continued on next page)




 4 “The Bottom Line Is Online Ads Work for Branding and Sales,” Laurie Sullivan, MediaPostNews, July 31, 2009.

 5 “Conquer the New B2B Marketing Funnel,” Webinar, April 2011, Online Marketing Connect.



                                      The Guide to Generating Leads with Display Advertising                     |   5
The Different Flavors of Targeted Display (continued)

    Audience Targeting - The ability to target a display ad by audience
    segments. A major enabler of display ad targeting are the “cookies” or
    trackable pieces of text placed in users’ web browsers by an ad server to
    categorize them as being part of a unique audience segment. Audience
    targeting can be based on behavior (e.g. a user demonstrates interest in
    a specific product category after visiting a certain website section or by
    searching for a particular keyword) or demographic (e.g. a user identifies
    herself as a CMO on a registration form or it can be inferred from the IP
    address that she also works at a Fortune 500 company).

    Geotargeting - Serving ads by geographic location.

    Retargeting – Remarketing specific ads to visitors after they leave
    websites with the goal of staying top of mind. Retargeting is
    accomplished by dropping a cookie into the web browser of website
    visitors which then allows marketers to serve ads to those web browsers
    after users leave the site.




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Now that we’ve explored display advertising more fully, let’s take a look at
display’s role within the entire marketing mix. It’s helpful to start with a typical
marketing/sales funnel that maps the journey a prospect takes when considering
a business purchase.

                                  Typical Sales/Marketing Funnel




                                                 Awareness
                                                                                 Social
                                                  Education

                          Display                Evaluation
                                                                          Email /
                                                  Proposal              Paid Search
                                                  Purchase




          While other channels are most effective at top-funnel (social media) or bottom-funnel (email,
          SEM) marketing activities, display makes an impact throughout the entire buying process.




                                  The Guide to Generating Leads with Display Advertising                  |   6
Social media marketing is a great way to generate awareness and educate
prospects as they seek out information from their social networks and stay
connected with others. Email and paid search work well as bottom-funnel
activities when contact information is known or prospects are actively searching
for a solution online. But what truly separates display from these other online
channels is its ability to make a tangible impact at both the top and bottom
of the funnel. Targeted display ads are proven to boost brand awareness at the
beginning of the buying process. One study shows that display contributed to an
average brand lift of 6% and an increase in brand recall by 26%. 6 As for bottom-
funnel impact, display can boost form conversion rates by 30% or more,7 and has
even been shown to increase event registration by 25% . 8


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                           Express Employment Professionals
     Express Employment Professionals, a staffing services firm, used targeted
     display advertising to generate the same number of event registrations as
                     a television campaign—at 5% of the cost. 9




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Unlike with email, search, and social marketing, a single investment in display
advertising can reap benefits across the entire marketing funnel. It is the
only marketing channel that provides both precision (for targeting the right
audiences) and scale (reaching the largest target audience possible at anywhere
in the buying process).

But while this is really the magical “one-two punch” that display offers, many
marketers steer away from it as it transcends the metrics “comfort zone” that
channels such as email and search seem to offer. Most marketers lean on email
and search because their ROI is seemingly easy to measure. “How many opens
and click-throughs did I get from my last email campaign? How many people are
converting from my search landing pages?” While these metrics can be obtained
instantly and are fairly easy to measure, they are really only measuring discrete
actions, not the overall impact of your marketing channels. Similarly, while it
may be tempting to judge the effectiveness of display based on metrics such as


 6 “Brand awareness and digital: An IAB Europe White Paper,” June 2010, IAB Europe.

 7 “Conquer the New B2B Marketing Funnel,” April 2011, Online Marketing Connect.

 8 “Express Employment Professionals Extends Reach, Grows Leads through Bizo”, Bizo case study, 2011.

 9 “Express Employment Professionals Extends Reach, Grows Leads through Bizo”, Bizo case study, 2011.




                                     The Guide to Generating Leads with Display Advertising             |   7
clicks and click-through rates, this can be equally misleading. According to Linda
Anderson, vice president of marketing solutions at comScore:

                Today, marketers who attempt to optimize their advertising
                campaigns solely around the click are assigning no value to the
                84 percent of Internet users who don’t click on an ad. That’s
                precisely the wrong thing to do, because other comScore research
                has shown that non-clicked ads can also have a significant impact.
                As a result, savvy marketers are moving to an evaluation of the
                impact that all ad impressions – whether clicked or not – have
                on consumer behavior...” 10

In other words, simply because users don’t click on an ad the first time they see
it, doesn’t mean the ad won’t impact their potential purchases down the road.
Display advertising does much to increase brand awareness and recall, which, as
we’ll see in the next section, plays a significant role in lead generation.


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If you consider yourself a “lead gen” marketer and aren’t yet using display, it’s
time to start taking advantage of this untapped channel. Here’s are some sure-fire
strategies to get you started.

Understand the Interplay between Branding and Direct Response
For many direct-response-driven marketers, the concept that is arguably the most
difficult to embrace is branding. B2B marketers who are most accustomed to
living in a world governed by open rates, form submissions, and converted leads
are sometimes unsure of how to approach the seemingly intangible concept of
“branding.” How does the value of a B2B brand extend beyond logos, taglines, and
the corporate style guide? Are there unique ways that marketers can use the Web
to foster strong brands? Why does this matter? And what success metrics apply
to branding when it comes to driving revenue for a B2B company?

With display advertising, direct response and branding go hand-in-hand. Let’s
explore this idea further by tackling an important debate in the world of display
metrics—post-click conversions versus post-impression conversions (also known
as view-through conversions). Post-click conversions are those that take place
when a user clicks on an ad and converts during the same session. Post-



 10 Anderson, Linda. “comScore and Starcom USA Release Updated ‘Natural Born Clickers’ Study Showing 50 Percent Drop in
    Number of U.S. Internet Users Who Click on Display Ads.” comScore. Web. October 1, 2009.



                                    The Guide to Generating Leads with Display Advertising                      |         8
impression or view-through conversions are those that occur when a user views
an ad, does NOT click on the ad, but returns to the site later and converts.
As we discussed earlier, measuring to the click with post-click conversions can
be significantly misleading, as this doesn’t account for the impact that other
marketing channels or branding has on a purchase. For example, many companies
have found the viral nature of social media to be a huge boon to their brands and
subsequent view-through conversions. After launching a series of commercials
and videos starring the “Old Spice Guy,” Old Spice saw a 106% increase in sales,
demonstrating the positive effects that its viral video campaigns had. 11

As with any marketing activity impacted by branding, it takes time to see the
effects of display— therefore, try not to think of your display strategy as a single,
discrete campaign with an end date in mind. Trend your display metrics over time,
and be sure to measure your post-impression conversions. This will help you more
accurately gauge the impact that your display ads have had on specific
conversion actions within a specific window of time.




Quick Tip: How to Measure Post-Impression Conversions
One way to start measuring post-impression conversions is to create
a control group (users that are not exposed to the ad) and a test group
(users exposed to the ad). By measuring the conversion rate (post-impression
actions/impressions) for both groups and the lift that occurs with the test
group, you can identify the conversion rate lift that the ad has made. To
prevent post impressions from overstating the success of a campaign, many
marketers use a time window (e.g. 30 days) within which a conversion must
occur in order to count as a true view-through conversion.




Identify Your Website Visitors and Optimize to High-Performing
Segments Over Time
The best approach for generating the most leads with display is to start by clearly
identifying your target audience business segments. What industry or job function
are they in? What size company do they work at? What level of seniority are
they? It may be helpful to organize this information using the worksheet on the
next page. Once you have this information, you’ll apply it to your display “Reach
campaign”, which is designed to reach the greatest number of users within your
target audience.




 11 “View-Through Conversions: Don’t Discount the ‘Billboard Effect,’” ReTargeter Blog, June 2011.



                                       The Guide to Generating Leads with Display Advertising        |   9
Sample Worksheet – Identifying Target Audiences
Here is a sample worksheet in which key business segments are identified for a targeted display
campaign. This information is used to determine which audiences will see the specific display ads.
(For more information, visit http://www.bizo.com/bizographics/targetable_segments)


                      Co. Size                        Functional                  Professional
                                        Industry                   Seniority
                      (# Employees)                   Area                        Group

Target Audience           Fortune                                                     Business
                                         Healthcare     Finance     Executives
A – Healthcare          500/X-Large                                                 Professionals

Target Audience                                                                       Business
                           Large         Insurance      Finance     Executives
B – Insurance                                                                       Professionals

Target Audience                           Financial                                   Business
                        Fortune 500                     Finance     Executives
C – Financial Serv.                       Services                                  Professionals



Your Worksheet – Identifying Target Audiences

                      Co. Size                        Functional                  Professional
                                        Industry                   Seniority
                      (# Employees)                   Area                        Group

Target Audience A




Target Audience B




Target Audience C




After you’ve determined who your target audiences are, use available Web
analytics tools to identify how many of these audiences are currently visiting
your website and use this as your baseline. During the span of your campaign,
trend the visits you’re getting from different audiences, and track the increases in
visits from the audiences you care about to get at brand lift. More specifically,
track if the right audiences are taking the desired actions on your website (i.e.
whitepaper downloads, event registrations, etc.)




                              The Guide to Generating Leads with Display Advertising        |       10
The diagram 12 below shows a sample display campaign for a company that
   targets small business professionals.




                                  Campaign explicitly
                                targeting small business




   Notice that the campaign is driving actions from the desired small business
   segment, but what’s more interesting is that within the small business segment,
   the responders demonstrating the highest action rate (i.e. actions taken by the
   target audience/total impressions served to that audience) are within the
   accounting industry. At this point, the company has discovered a business
   segment that has expressed an interest in its product or service, which it may or
   may not have known before, and can now target them with more relevant ad
   creative going forward.


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             “Sixty-three percent of marketers report tracking precise business
              segments either in addition to or instead of general site analytics.
             Most marketers (89%) said that understanding the precise audience
              segments visiting their website and those segments’ activities on
               the site is important to determining and optimizing their overall
                                     marketing strategy.” 13



    12 Screenshot taken from a sample audience analytics report generated through the Bizo Audience Marketing Platform.
    13 Data taken from the Bizo Online Marketing Survey, March 2011, in which more than 130 marketers were surveyed. http://portal.
       sliderocket.com/AHJJM/Bizo-Online-Marketer-Survey



                                         The Guide to Generating Leads with Display Advertising                         |      11
Optimize Every Element of Ad Creative Over Time
Trending is an important part of measuring display advertising success, and
should be applied to optimizing ad creative as well. Similar to email and search
marketing, display advertising offers some key opportunities for testing and
optimizing with creative. One of the primary elements to test is the creative
message. Let’s say the offer you are trying to promote is a free software trial. You
might consider testing a variety of messages to promote this offer, such as 1) a
30-day free trial 2) a 90-day free trial and 3) a customer success story. Another
element you’ll want to test is ad unit size. Finally, you’ll want to try a variety of
headlines in your copy.

Sample Worksheet – TRENDING CONVERSIONS OF AD CREATIVE
In this sample worksheet, varying conversion results are shown for a series of different ad sizes.


   Ad Unit Size              Creative              Click-Through Rates          Total Conversions

                           30-day Trial                    0.2%                          2
     728 x 90              90-day Trial                    0.7%                          5

                          Success Story                    0.5%                         15

                           30-day Trial                    0.8%                          1
    300 x 250              90-day Trial                    0.1%                         20

                          Success Story                    1.0%                         12

                           30-day Trial                    0.5%                          6
    1000 x 90              90-day Trial                    0.3%                         14

                          Success Story                    0.1%                          1


Your Worksheet – TRENDING CONVERSIONS OF AD CREATIVE
Use this worksheet as a starting point to track how different ad unit sizes and creative are
impacting conversions. Feel free to swap out “Total Conversions” for other metrics that matter to
you, such as leads, opportunities, etc.


   Ad Unit Size              Creative              Click-Through Rates          Total Conversions



     728 x 90




    300 x 250




    1000 x 90




                                The Guide to Generating Leads with Display Advertising         |     12
For the Greatest Impact, Establish Reach—then Retarget
While running display campaigns to your target audience, it’s also important to
create retargeting campaigns in parallel that will help you stay top of mind with
anyone that has indicated an initial interest in your product or service. Online
conversions, especially when longer buying cycles are involved, almost never
take place immediately. Retargeting gives marketers the ability to serve up
relevant display advertising to people who have already visited their website
or landing pages. This is accomplished by placing a small piece of HTML code
on the Web page(s) from which you’re looking to capture your retargeting
audience. Whenever someone visits one of these pages, an ad server then loads
a retargeting pixel (a clear, single pixel GIF image), drops a cookie onto that
person’s machine, (which identifies him or her as part of a specific retargeting
audience), and enables marketers to serve them specific display advertising
wherever they may travel on the Web. Even if visitors don’t convert the first time,
with retargeting in place, you can continue to stay relevant with them.



How Basic Retargeting Works                                           Visitor does not convert,
                                                                     leaves & visits another site




             User visits your website &
           receives a retargeting cookie

                                                                         Business News
                                      Your Website                          Website




                                                                          Your Display Ad:
                                        Sign Up Now!                    “Limited Time Offer -
                                                                           Sign Up Now!”




          Visitor receives a display ad with
          a specific retargeting message &
               returns to your website




                             The Guide to Generating Leads with Display Advertising       |     13
There are big opportunities to drive leads using retargeting. Here’s a quick
checklist to help you optimize your retargeting efforts:

    Segment your visitors by area of interest (i.e. based on where they go on your
    website).

    Build personalized creative for each retargeting segment.

    Optimize the frequency with which you show your ads. It makes good sense
    to serve an impression multiple times to the same individual, especially
    when you know they’re targeted (i.e., they already took the time to visit your
    website!). Campaign data can give you insight into the optimal frequency.

    Practice brand safety by controlling the types of sites on which your ads are
    served.




Quick Tip: Set a Frequency Cap for Retargeted Ads
To ensure that your display ads stay relevant and drive the greatest response
(without making users feel uncomfortable), set a frequency cap on the number
of impressions users will see per day (e.g. 3 times within a 24-hour period).




Measure Display Advertising Success from Impressions to Cost per Lead
Now that we’ve gone over the basics of Reach and Retargeting campaigns, it’s
time to “tame the beast” of display metrics. You can begin to see the tremendous
impact that display has on your lead generation efforts by creating a fairly simple
worksheet to measure your key metrics. The table below represents just one way
you can measure success with display in terms of lead generation. In this sample
worksheet, you’ll find metrics from a Reach campaign and its corresponding
Retargeting campaign. As you can see, the goal of the Reach campaign is to
reach the broadest audience possible, given your target audience demographics.
The goal of the Retargeting campaign is to cookie all those that responded
to your Reach campaign and retarget them with different ad creative that is
more relevant, given the previous interest they have shown, whether they’ve
visited a specific product page on your website, a search landing page, or any
other specific landing page. As you’ll notice, the number of impressions in the
Retargeting campaign goes down because it’s only targeting a portion of your
original audience, but the number of conversions increases while the cost per
lead decreases!




                          The Guide to Generating Leads with Display Advertising   |   14
Sample Worksheet – MEASURING REACH AND RETARGETING IMPACT

                                        Click-     Total         Post-         Post-Click
                                                                                             Media                  Cost per
                 Impressions   Clicks   through    Conver-       Impression    Impression            CPM     CPC
                                                                                             Cost                   Lead
                                        Rate       sions         Conversions   Conversions

Reach Campaign

Industry:
Finance/
Functional
Area:            2,000,000     1,500     .075%          12            4             8        $1000   $.50    $.67       $83
Marketing/
Seniority -
Executives

Retargeting Campaign

Industry:
Finance/
Functional
Area:             100,000       800       .8%          20            15             5        $500    $5.00   $.63       $25
Marketing/
Seniority -
Executives



Your Worksheet – MEASURING REACH AND RETARGETING IMPACT
Use this blank worksheet to start calculating your own metrics for your Reach and Retargeting campaigns.

                                        Click-                   Post-         Post-Click
                                                   Total                                     Media                  Cost per
                 Impressions   Clicks   through                  Impression    Impression            CPM     CPC
                                                   Conversions                               Cost                   Lead
                                        Rate                     Conversions   Conversions

Reach Campaign




Retargeting Campaign




                                                  The Guide to Generating Leads with Display Advertising            |     15
Quick Tip: Change Your Retargeting Creative
           to Maximize Conversions
While you may be tempted to use the same creative for your retargeting
campaigns to save time and resources, the results of your retargeting
campaign will be much higher if you use different, more relevant ad creative
tailored to those that have already demonstrated an interest in your product
or service.



Set up Basic Attribution Modeling—
Simple Value Attribution Gets You 80% of the Benefit
Marketers are often tempted to measure the success of their online campaigns
(leads generated or opportunities created) based on the “last touch” made on a
prospect. In the example below, you’ll see a sample marketing touch sequence
that depicts a typical buying process in which the prospect was introduced to a
product via a display ad, continued to engage through the paid search channel,
and was last touched by an email before making the actual purchase. Despite the
contributions of multiple channels, all credit is given to email and the work done
by display and search is ignored.


               INTRODUCE
                                                  INFLUENCE                 CLOSE
                  Display
                                                        SEM                 Email
                Impression



                                                                              123
                                                                              123
                                                                             Total
                                                                             Total
                                                                          Conversion
                                                                          Conversion
        In this marketing touch sequence, all credit is given to email,
        which is an ineffective way to measure the value of your
                                                                            Actions
                                                                            Actions
        marketing programs.




As you can see, relying on a single source of attribution for a lead or opportunity
can be misleading, as more often than not, prospects are touched by more
than one marketing channel in their journey toward a purchase. As we’ve been
discussing throughout this guide, display is a unique marketing channel in that its
impact can be felt over time and seen across the entire marketing mix. As such,
it is particularly important to avoid using the click or click-through rate as an
indicator of success. Instead, set up an attribution model that gives credit to more
than the last touch that occurs.



                                   The Guide to Generating Leads with Display Advertising   |   16
While there are various attribution models available that vary in complexity,
even the simplest attribution model can drastically improve the accuracy of
your marketing ROI measurements. If you’re just getting started with attribution
modeling, start with even attribution (shown below). In this model, credit is evenly
distributed among all the channels involved. While fairly basic, this model will
provide you with a more accurate depiction of which channels are driving the
most value for your marketing dollar.



       INTRODUCE
                                                                                                    123
                                        INFLUENCE                           CLOSE                  Total
          Display
        Impression
                                              SEM                           E-mail               Conversion
                                                                                                  Actions

        41 Actions
        41 Actions                       41 Actions
                                         41 Actions                      41 Actions
                                                                         41 Actions

     By using even attribution, marketers can move beyond the “last touch” and achieve greater accuracy in their
     ROI metrics.




Use Display to Drive Leads across the Entire Marketing Mix
Display advertising can also be used to drive leads from your other marketing
channels. As you’ll see in the table below, display has proven to positively impact
search marketing, boosting the number of branded searches that occur when
users are exposed to display ads versus when they are not exposed.


Lift in Brand Name Search Among Internet Users Exposed to Display Ads
Total U.S. – Home/Work/University Locations

                                           Percentage Making a Trademark (Brand Name) Search
                                         Control                            Test                            Lift
Week Following First
                                           0.2%                            0.3%                             52%
Ad Exposure
Weeks 1-2 After First
                                           0.4%                            0.5%                            46%
Exposure
Weeks 1-3 After First
                                           0.5%                            0.7%                            40%
Exposure
Weeks 1-4 After First
                                           0.6%                            0.9%                             38%
Exposure
A comScore study revealed that after exposing users to display ads, a company experienced a boost in brand name
searches. 14



Moreover, you can incorporate display retargeting with your search landing pages
to increase conversions. People that are already searching for you online are


 14 Gian M. Fulgoni and Marie Pauline Mörn, “How Online Advertising Works: Whither the Click?” (lecture, The Wharton School,
    Philadelphia, PA, December 4-5, 2008).



                                      The Guide to Generating Leads with Display Advertising                        |      17
potentially more qualified, “bottom-funnel” prospects, which means there’s a high
probability that they’ll convert versus those who are just educating themselves
about your solution, industry, or market. Place a retargeting pixel on your search
landing pages and start to create a retargeting audience pool to which you’ll serve
more targeted ad creative.

Similarly, you can incorporate ad retargeting into your email marketing to have
even greater impact on those in your email database anywhere they travel online.
By inserting retargeting pixels in your HTML emails, you can create a specific
retargeting pool for this high-value audience once they open the email in a
browser or if they click through to a specific landing page from the email.

Finally, there are technologies available that can help you better integrate your
display advertising with social media marketing to get more out of this channel.
Savvy social marketers are now using shared links to track the business
demographic profiles of people clicking on their links, and then using ad
retargeting to serve more relevant ads to these clickers as they travel the Web.
Additionally, URL shorteners designed for online marketers can be used to deliver
actual lead generation offers to social media users through a branded interface,
adding a virtually “free” lead gen channel to their marketing mix via social media.


5)*5-&.')*
Today’s online marketers no longer need to exhaust the traditional online
channels of email and search in order to achieve their monthly or quarterly lead
goals. Display advertising practices and supporting technologies are more in tune
than ever to the needs of lead generation marketers, offering both expansive
reach into today’s business professional audience, and the ability to precisely
target the right segments so that no marketing dollar is ever wasted. Extremely
versatile, display impacts the buying process from beginning to end, starting
with the moment a prospect becomes aware of a product or service to even
after the purchase is made. Moreover, targeted display ads are proven to boost
efforts across the entire marketing mix, making it a no-brainer to use display to
complement paid search and other channels. With the increasing demands placed
on today’s lead-generation-driven marketers, display advertising is the answer to
achieving both the scale and precision needed to reach the right target audience
and generate quality prospects.




565 Commercial Street, San Francisco, CA 94111 | 866.497.5505 | www.bizo.com | Follow us on Twitter: @bizo

                                  The Guide to Generating Leads with Display Advertising              |      18

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guide to_generating_leads_with_display

  • 1. !"#$%&'(#$!)$ %#*#+,!'*%$-#,(.$ /'!"$('.0-,1$ ,(2#+!'.'*% WORKSHEETS INCLUDED!
  • 2. !,3-#$)4$5)*!#*!. The World of Online Lead Generation is Evolving 3 Display for Lead Generation? Yes! 3 Display Lifts All Boats 5 Where Display Fits in Today’s Lead Generation Tactics 6 Understanding What Makes Display Unique 7 Key Strategies to Help Lead Generation Marketers 8 Achieve Success with Display » Understand the Interplay between 8 Branding and Direct Response » Identify Your Website Visitors and Optimize 9 to High-Performing Segments Over Time » Optimize Every Element of Ad Creative Over Time 12 » For the Greatest Impact, Establish Reach—then Retarget 13 » Measure Display Advertising Success from 14 Impressions to Cost per Lead » Set up Basic Attribution Modeling 16 —Simple Value Attribution Gets You 80% of the Benefit » Use Display to Drive Leads across the Entire Marketing Mix 17 Conclusion 18 The Guide to Generating Leads with Display Advertising | 2
  • 3. !"#$/)+-($)4$)*-'*#$-#,($$ %#*#+,!')*$'.$#2)-2'*% If you market to business professionals, you’re no stranger to the abundance of online lead generation tactics and technologies available today. Most marketers have become effective at working their core programs such as email marketing, paid search (SEM), and search engine optimization (SEO). However, as a company’s marketing effort matures and it tries to provide an ever-increasing pool of leads to help sales reach revenue targets, it often sees diminishing returns despite allocating more marketing dollars to these channels. Top marketers are finding that increased pipeline demands require new approaches to lead generation. More often than not, companies reach a point where they’re struggling to find additional levers to optimize their online marketing programs. A primary reason for this is that lower-funnel channels such as email and search are really only reaching a very small portion of their target audience. For example, email marketers are limited by the size of their house databases or the finite number of external lists that actually target their market. And according to comScore, paid search is only reaching around 8% of the people that a matter to a given marketer 1 . So how can marketers break through their core program plateau and reach the highest percentage of the audience that they care about online? Just as traditional advertising has been used as “air cover” to support marketing efforts for decades, it all starts with reaching a much larger percentage of the marketer’s core audience. ('.0-,1$4)+$-#,($%#*#+,!')*6$1#.7 Enter targeted display advertising. Like other mass media vehicles such as TV, radio, and billboards, display advertising can scale and reach almost everybody that a marketer wants to touch. However, unlike these broad and expensive vehicles, targeted display ads give marketers a cost-effective way to access their precise business audiences—wherever they travel across the Web—and helps drive the right target prospects into the top of the marketing funnel. Today, a marketer can put a display ad in front of the exact business segments they’re targeting without wasting a single ad impression on someone who is irrelevant to their business. 1 “How Online Advertising Works: Whither the Click?” comScore, December 4-5. 2008, http://www.slideshare.net/iabcolombia/ how-online-advertising-works-2411638. The Guide to Generating Leads with Display Advertising | 3
  • 4. !"#$%&'!(&)***' Display has graduated to a core part of the mix for many marketers, with others well on their way in their display journey. 75% 65% When asked to rank their top three priorities for marketing 60% 60% initiatives for 2011, marketers revealed that Display was most 56% important (65%) followed by Mobile (60%) and Search Engine Optimization (56%). 45% 30% Nearly all marketers (90%) report that Display is as important or more important to their marketing mix than last 15% year and almost half of marketers (49%) plan to spend more on display advertising this year than they did last year. 2 Display Mobile Paid Search/ SEO While other marketing channels such as search and email are most useful for targeting prospects in later stages of the sales cycle (e.g. during the vendor evaluation stage) display advertising helps fuel lead generation from start to finish. And because the business consumer’s buying process is longer and more complex than the typical consumer purchasing process, display ads work well to increase awareness and brand saturation for prospects at all stages of the sales cycle. Display ads begin to influence a prospect’s decision making from the point at which they become aware of a product or service to even after they have purchased—at which point they may be looking for reassurance that they have made the right choice. Display is one of the best vehicles for educating, building trust, and preparing prospects to engage with your sales team—when they are ready to engage. !"#$%&'$()"*$+"$,%$ The Direct Marketing Association The DMA used targeted display advertising to support and directly drive more than 400 attendee leads and registrations to its annual DMA Conference and Exhibition. 3 2 Data taken from the Bizo Online Marketing Survey, March 2011, in which more than 130 marketers were surveyed. http://portal. sliderocket.com/AHJJM/Bizo-Online-Marketer-Survey 3 “The DMA Taps Bizo Audience Marketing to Achieve Conference Goals,” Bizo case study, 2011. The Guide to Generating Leads with Display Advertising | 4
  • 5. ('.0-,1$-'4!.$,--$3),!. And that’s just the beginning. The interplay between display and other programs is where the real magic happens! Display is very effective at creating “lift” across the entire marketing mix, essentially helping achieve greater return from every marketing dollar invested in paid search, email, SEO, events, and other programs. To more tangibly illustrate this lift effect, let’s take a closer look at how display can impact paid search. Studies consistently show that people who come across a display ad are more apt to visit Google or their search engine of choice to search on the company or product they saw highlighted in the ad. As shown in the examples below, the lift in a company’s paid search performance can be significant. comScore found that “search alone produces an 82% lift in sales from visitors exposed to ads, compared to…119% when search and display are combined.”4 Salesforce.com saw an 80% lift in branded search volume and conversions when a display campaign was running in parallel.5 Apogee, a paid search consultancy firm, had one B2B client spending $12,000/month in paid search in a relatively new product category, and was struggling to achieve a critical mass in visibility and inquiries. After initiating a display campaign which grew to about $20,000/month while reducing paid search spend to $4,000-$6,000 per month, and gearing that spend to brand and product terms, the client saw a 300% uplift in website visits. The Different Flavors of Targeted Display Site-based Advertising – Ad targeting based on the assumption that a specific audience is visiting a certain website (e.g. golfers visiting golf.com). Contextual Advertising - The text of a website is scanned for keywords and ad servers return advertisements to the web page based on what the user is viewing. A marketer’s ads are placed next to related content (e.g., an ad for an HR software solution next to an article on hiring) in an attempt to provide greater ad relevance. (continued on next page) 4 “The Bottom Line Is Online Ads Work for Branding and Sales,” Laurie Sullivan, MediaPostNews, July 31, 2009. 5 “Conquer the New B2B Marketing Funnel,” Webinar, April 2011, Online Marketing Connect. The Guide to Generating Leads with Display Advertising | 5
  • 6. The Different Flavors of Targeted Display (continued) Audience Targeting - The ability to target a display ad by audience segments. A major enabler of display ad targeting are the “cookies” or trackable pieces of text placed in users’ web browsers by an ad server to categorize them as being part of a unique audience segment. Audience targeting can be based on behavior (e.g. a user demonstrates interest in a specific product category after visiting a certain website section or by searching for a particular keyword) or demographic (e.g. a user identifies herself as a CMO on a registration form or it can be inferred from the IP address that she also works at a Fortune 500 company). Geotargeting - Serving ads by geographic location. Retargeting – Remarketing specific ads to visitors after they leave websites with the goal of staying top of mind. Retargeting is accomplished by dropping a cookie into the web browser of website visitors which then allows marketers to serve ads to those web browsers after users leave the site. /"#+#$('.0-,1$4'!.$'*$!)(,18.$$ -#,($%#*#+,!')*$!,5!'5. Now that we’ve explored display advertising more fully, let’s take a look at display’s role within the entire marketing mix. It’s helpful to start with a typical marketing/sales funnel that maps the journey a prospect takes when considering a business purchase. Typical Sales/Marketing Funnel Awareness Social Education Display Evaluation Email / Proposal Paid Search Purchase While other channels are most effective at top-funnel (social media) or bottom-funnel (email, SEM) marketing activities, display makes an impact throughout the entire buying process. The Guide to Generating Leads with Display Advertising | 6
  • 7. Social media marketing is a great way to generate awareness and educate prospects as they seek out information from their social networks and stay connected with others. Email and paid search work well as bottom-funnel activities when contact information is known or prospects are actively searching for a solution online. But what truly separates display from these other online channels is its ability to make a tangible impact at both the top and bottom of the funnel. Targeted display ads are proven to boost brand awareness at the beginning of the buying process. One study shows that display contributed to an average brand lift of 6% and an increase in brand recall by 26%. 6 As for bottom- funnel impact, display can boost form conversion rates by 30% or more,7 and has even been shown to increase event registration by 25% . 8 !"#$%&'$()"*$+"$,%$ Express Employment Professionals Express Employment Professionals, a staffing services firm, used targeted display advertising to generate the same number of event registrations as a television campaign—at 5% of the cost. 9 &*(#+.!,*('*%$/",!$9,:#.$('.0-,1$&*';&# Unlike with email, search, and social marketing, a single investment in display advertising can reap benefits across the entire marketing funnel. It is the only marketing channel that provides both precision (for targeting the right audiences) and scale (reaching the largest target audience possible at anywhere in the buying process). But while this is really the magical “one-two punch” that display offers, many marketers steer away from it as it transcends the metrics “comfort zone” that channels such as email and search seem to offer. Most marketers lean on email and search because their ROI is seemingly easy to measure. “How many opens and click-throughs did I get from my last email campaign? How many people are converting from my search landing pages?” While these metrics can be obtained instantly and are fairly easy to measure, they are really only measuring discrete actions, not the overall impact of your marketing channels. Similarly, while it may be tempting to judge the effectiveness of display based on metrics such as 6 “Brand awareness and digital: An IAB Europe White Paper,” June 2010, IAB Europe. 7 “Conquer the New B2B Marketing Funnel,” April 2011, Online Marketing Connect. 8 “Express Employment Professionals Extends Reach, Grows Leads through Bizo”, Bizo case study, 2011. 9 “Express Employment Professionals Extends Reach, Grows Leads through Bizo”, Bizo case study, 2011. The Guide to Generating Leads with Display Advertising | 7
  • 8. clicks and click-through rates, this can be equally misleading. According to Linda Anderson, vice president of marketing solutions at comScore: Today, marketers who attempt to optimize their advertising campaigns solely around the click are assigning no value to the 84 percent of Internet users who don’t click on an ad. That’s precisely the wrong thing to do, because other comScore research has shown that non-clicked ads can also have a significant impact. As a result, savvy marketers are moving to an evaluation of the impact that all ad impressions – whether clicked or not – have on consumer behavior...” 10 In other words, simply because users don’t click on an ad the first time they see it, doesn’t mean the ad won’t impact their potential purchases down the road. Display advertising does much to increase brand awareness and recall, which, as we’ll see in the next section, plays a significant role in lead generation. :#1$.!+,!#%'#.$!)$"#-0$-#,($%#*#+,!')*$$ 9,+:#!#+.$,5"'#2#$.&55#..$/'!"$('.0-,1 If you consider yourself a “lead gen” marketer and aren’t yet using display, it’s time to start taking advantage of this untapped channel. Here’s are some sure-fire strategies to get you started. Understand the Interplay between Branding and Direct Response For many direct-response-driven marketers, the concept that is arguably the most difficult to embrace is branding. B2B marketers who are most accustomed to living in a world governed by open rates, form submissions, and converted leads are sometimes unsure of how to approach the seemingly intangible concept of “branding.” How does the value of a B2B brand extend beyond logos, taglines, and the corporate style guide? Are there unique ways that marketers can use the Web to foster strong brands? Why does this matter? And what success metrics apply to branding when it comes to driving revenue for a B2B company? With display advertising, direct response and branding go hand-in-hand. Let’s explore this idea further by tackling an important debate in the world of display metrics—post-click conversions versus post-impression conversions (also known as view-through conversions). Post-click conversions are those that take place when a user clicks on an ad and converts during the same session. Post- 10 Anderson, Linda. “comScore and Starcom USA Release Updated ‘Natural Born Clickers’ Study Showing 50 Percent Drop in Number of U.S. Internet Users Who Click on Display Ads.” comScore. Web. October 1, 2009. The Guide to Generating Leads with Display Advertising | 8
  • 9. impression or view-through conversions are those that occur when a user views an ad, does NOT click on the ad, but returns to the site later and converts. As we discussed earlier, measuring to the click with post-click conversions can be significantly misleading, as this doesn’t account for the impact that other marketing channels or branding has on a purchase. For example, many companies have found the viral nature of social media to be a huge boon to their brands and subsequent view-through conversions. After launching a series of commercials and videos starring the “Old Spice Guy,” Old Spice saw a 106% increase in sales, demonstrating the positive effects that its viral video campaigns had. 11 As with any marketing activity impacted by branding, it takes time to see the effects of display— therefore, try not to think of your display strategy as a single, discrete campaign with an end date in mind. Trend your display metrics over time, and be sure to measure your post-impression conversions. This will help you more accurately gauge the impact that your display ads have had on specific conversion actions within a specific window of time. Quick Tip: How to Measure Post-Impression Conversions One way to start measuring post-impression conversions is to create a control group (users that are not exposed to the ad) and a test group (users exposed to the ad). By measuring the conversion rate (post-impression actions/impressions) for both groups and the lift that occurs with the test group, you can identify the conversion rate lift that the ad has made. To prevent post impressions from overstating the success of a campaign, many marketers use a time window (e.g. 30 days) within which a conversion must occur in order to count as a true view-through conversion. Identify Your Website Visitors and Optimize to High-Performing Segments Over Time The best approach for generating the most leads with display is to start by clearly identifying your target audience business segments. What industry or job function are they in? What size company do they work at? What level of seniority are they? It may be helpful to organize this information using the worksheet on the next page. Once you have this information, you’ll apply it to your display “Reach campaign”, which is designed to reach the greatest number of users within your target audience. 11 “View-Through Conversions: Don’t Discount the ‘Billboard Effect,’” ReTargeter Blog, June 2011. The Guide to Generating Leads with Display Advertising | 9
  • 10. Sample Worksheet – Identifying Target Audiences Here is a sample worksheet in which key business segments are identified for a targeted display campaign. This information is used to determine which audiences will see the specific display ads. (For more information, visit http://www.bizo.com/bizographics/targetable_segments) Co. Size Functional Professional Industry Seniority (# Employees) Area Group Target Audience Fortune Business Healthcare Finance Executives A – Healthcare 500/X-Large Professionals Target Audience Business Large Insurance Finance Executives B – Insurance Professionals Target Audience Financial Business Fortune 500 Finance Executives C – Financial Serv. Services Professionals Your Worksheet – Identifying Target Audiences Co. Size Functional Professional Industry Seniority (# Employees) Area Group Target Audience A Target Audience B Target Audience C After you’ve determined who your target audiences are, use available Web analytics tools to identify how many of these audiences are currently visiting your website and use this as your baseline. During the span of your campaign, trend the visits you’re getting from different audiences, and track the increases in visits from the audiences you care about to get at brand lift. More specifically, track if the right audiences are taking the desired actions on your website (i.e. whitepaper downloads, event registrations, etc.) The Guide to Generating Leads with Display Advertising | 10
  • 11. The diagram 12 below shows a sample display campaign for a company that targets small business professionals. Campaign explicitly targeting small business Notice that the campaign is driving actions from the desired small business segment, but what’s more interesting is that within the small business segment, the responders demonstrating the highest action rate (i.e. actions taken by the target audience/total impressions served to that audience) are within the accounting industry. At this point, the company has discovered a business segment that has expressed an interest in its product or service, which it may or may not have known before, and can now target them with more relevant ad creative going forward. !"#$%&'!(&)***' “Sixty-three percent of marketers report tracking precise business segments either in addition to or instead of general site analytics. Most marketers (89%) said that understanding the precise audience segments visiting their website and those segments’ activities on the site is important to determining and optimizing their overall marketing strategy.” 13 12 Screenshot taken from a sample audience analytics report generated through the Bizo Audience Marketing Platform. 13 Data taken from the Bizo Online Marketing Survey, March 2011, in which more than 130 marketers were surveyed. http://portal. sliderocket.com/AHJJM/Bizo-Online-Marketer-Survey The Guide to Generating Leads with Display Advertising | 11
  • 12. Optimize Every Element of Ad Creative Over Time Trending is an important part of measuring display advertising success, and should be applied to optimizing ad creative as well. Similar to email and search marketing, display advertising offers some key opportunities for testing and optimizing with creative. One of the primary elements to test is the creative message. Let’s say the offer you are trying to promote is a free software trial. You might consider testing a variety of messages to promote this offer, such as 1) a 30-day free trial 2) a 90-day free trial and 3) a customer success story. Another element you’ll want to test is ad unit size. Finally, you’ll want to try a variety of headlines in your copy. Sample Worksheet – TRENDING CONVERSIONS OF AD CREATIVE In this sample worksheet, varying conversion results are shown for a series of different ad sizes. Ad Unit Size Creative Click-Through Rates Total Conversions 30-day Trial 0.2% 2 728 x 90 90-day Trial 0.7% 5 Success Story 0.5% 15 30-day Trial 0.8% 1 300 x 250 90-day Trial 0.1% 20 Success Story 1.0% 12 30-day Trial 0.5% 6 1000 x 90 90-day Trial 0.3% 14 Success Story 0.1% 1 Your Worksheet – TRENDING CONVERSIONS OF AD CREATIVE Use this worksheet as a starting point to track how different ad unit sizes and creative are impacting conversions. Feel free to swap out “Total Conversions” for other metrics that matter to you, such as leads, opportunities, etc. Ad Unit Size Creative Click-Through Rates Total Conversions 728 x 90 300 x 250 1000 x 90 The Guide to Generating Leads with Display Advertising | 12
  • 13. For the Greatest Impact, Establish Reach—then Retarget While running display campaigns to your target audience, it’s also important to create retargeting campaigns in parallel that will help you stay top of mind with anyone that has indicated an initial interest in your product or service. Online conversions, especially when longer buying cycles are involved, almost never take place immediately. Retargeting gives marketers the ability to serve up relevant display advertising to people who have already visited their website or landing pages. This is accomplished by placing a small piece of HTML code on the Web page(s) from which you’re looking to capture your retargeting audience. Whenever someone visits one of these pages, an ad server then loads a retargeting pixel (a clear, single pixel GIF image), drops a cookie onto that person’s machine, (which identifies him or her as part of a specific retargeting audience), and enables marketers to serve them specific display advertising wherever they may travel on the Web. Even if visitors don’t convert the first time, with retargeting in place, you can continue to stay relevant with them. How Basic Retargeting Works Visitor does not convert, leaves & visits another site User visits your website & receives a retargeting cookie Business News Your Website Website Your Display Ad: Sign Up Now! “Limited Time Offer - Sign Up Now!” Visitor receives a display ad with a specific retargeting message & returns to your website The Guide to Generating Leads with Display Advertising | 13
  • 14. There are big opportunities to drive leads using retargeting. Here’s a quick checklist to help you optimize your retargeting efforts: Segment your visitors by area of interest (i.e. based on where they go on your website). Build personalized creative for each retargeting segment. Optimize the frequency with which you show your ads. It makes good sense to serve an impression multiple times to the same individual, especially when you know they’re targeted (i.e., they already took the time to visit your website!). Campaign data can give you insight into the optimal frequency. Practice brand safety by controlling the types of sites on which your ads are served. Quick Tip: Set a Frequency Cap for Retargeted Ads To ensure that your display ads stay relevant and drive the greatest response (without making users feel uncomfortable), set a frequency cap on the number of impressions users will see per day (e.g. 3 times within a 24-hour period). Measure Display Advertising Success from Impressions to Cost per Lead Now that we’ve gone over the basics of Reach and Retargeting campaigns, it’s time to “tame the beast” of display metrics. You can begin to see the tremendous impact that display has on your lead generation efforts by creating a fairly simple worksheet to measure your key metrics. The table below represents just one way you can measure success with display in terms of lead generation. In this sample worksheet, you’ll find metrics from a Reach campaign and its corresponding Retargeting campaign. As you can see, the goal of the Reach campaign is to reach the broadest audience possible, given your target audience demographics. The goal of the Retargeting campaign is to cookie all those that responded to your Reach campaign and retarget them with different ad creative that is more relevant, given the previous interest they have shown, whether they’ve visited a specific product page on your website, a search landing page, or any other specific landing page. As you’ll notice, the number of impressions in the Retargeting campaign goes down because it’s only targeting a portion of your original audience, but the number of conversions increases while the cost per lead decreases! The Guide to Generating Leads with Display Advertising | 14
  • 15. Sample Worksheet – MEASURING REACH AND RETARGETING IMPACT Click- Total Post- Post-Click Media Cost per Impressions Clicks through Conver- Impression Impression CPM CPC Cost Lead Rate sions Conversions Conversions Reach Campaign Industry: Finance/ Functional Area: 2,000,000 1,500 .075% 12 4 8 $1000 $.50 $.67 $83 Marketing/ Seniority - Executives Retargeting Campaign Industry: Finance/ Functional Area: 100,000 800 .8% 20 15 5 $500 $5.00 $.63 $25 Marketing/ Seniority - Executives Your Worksheet – MEASURING REACH AND RETARGETING IMPACT Use this blank worksheet to start calculating your own metrics for your Reach and Retargeting campaigns. Click- Post- Post-Click Total Media Cost per Impressions Clicks through Impression Impression CPM CPC Conversions Cost Lead Rate Conversions Conversions Reach Campaign Retargeting Campaign The Guide to Generating Leads with Display Advertising | 15
  • 16. Quick Tip: Change Your Retargeting Creative to Maximize Conversions While you may be tempted to use the same creative for your retargeting campaigns to save time and resources, the results of your retargeting campaign will be much higher if you use different, more relevant ad creative tailored to those that have already demonstrated an interest in your product or service. Set up Basic Attribution Modeling— Simple Value Attribution Gets You 80% of the Benefit Marketers are often tempted to measure the success of their online campaigns (leads generated or opportunities created) based on the “last touch” made on a prospect. In the example below, you’ll see a sample marketing touch sequence that depicts a typical buying process in which the prospect was introduced to a product via a display ad, continued to engage through the paid search channel, and was last touched by an email before making the actual purchase. Despite the contributions of multiple channels, all credit is given to email and the work done by display and search is ignored. INTRODUCE INFLUENCE CLOSE Display SEM Email Impression 123 123 Total Total Conversion Conversion In this marketing touch sequence, all credit is given to email, which is an ineffective way to measure the value of your Actions Actions marketing programs. As you can see, relying on a single source of attribution for a lead or opportunity can be misleading, as more often than not, prospects are touched by more than one marketing channel in their journey toward a purchase. As we’ve been discussing throughout this guide, display is a unique marketing channel in that its impact can be felt over time and seen across the entire marketing mix. As such, it is particularly important to avoid using the click or click-through rate as an indicator of success. Instead, set up an attribution model that gives credit to more than the last touch that occurs. The Guide to Generating Leads with Display Advertising | 16
  • 17. While there are various attribution models available that vary in complexity, even the simplest attribution model can drastically improve the accuracy of your marketing ROI measurements. If you’re just getting started with attribution modeling, start with even attribution (shown below). In this model, credit is evenly distributed among all the channels involved. While fairly basic, this model will provide you with a more accurate depiction of which channels are driving the most value for your marketing dollar. INTRODUCE 123 INFLUENCE CLOSE Total Display Impression SEM E-mail Conversion Actions 41 Actions 41 Actions 41 Actions 41 Actions 41 Actions 41 Actions By using even attribution, marketers can move beyond the “last touch” and achieve greater accuracy in their ROI metrics. Use Display to Drive Leads across the Entire Marketing Mix Display advertising can also be used to drive leads from your other marketing channels. As you’ll see in the table below, display has proven to positively impact search marketing, boosting the number of branded searches that occur when users are exposed to display ads versus when they are not exposed. Lift in Brand Name Search Among Internet Users Exposed to Display Ads Total U.S. – Home/Work/University Locations Percentage Making a Trademark (Brand Name) Search Control Test Lift Week Following First 0.2% 0.3% 52% Ad Exposure Weeks 1-2 After First 0.4% 0.5% 46% Exposure Weeks 1-3 After First 0.5% 0.7% 40% Exposure Weeks 1-4 After First 0.6% 0.9% 38% Exposure A comScore study revealed that after exposing users to display ads, a company experienced a boost in brand name searches. 14 Moreover, you can incorporate display retargeting with your search landing pages to increase conversions. People that are already searching for you online are 14 Gian M. Fulgoni and Marie Pauline Mörn, “How Online Advertising Works: Whither the Click?” (lecture, The Wharton School, Philadelphia, PA, December 4-5, 2008). The Guide to Generating Leads with Display Advertising | 17
  • 18. potentially more qualified, “bottom-funnel” prospects, which means there’s a high probability that they’ll convert versus those who are just educating themselves about your solution, industry, or market. Place a retargeting pixel on your search landing pages and start to create a retargeting audience pool to which you’ll serve more targeted ad creative. Similarly, you can incorporate ad retargeting into your email marketing to have even greater impact on those in your email database anywhere they travel online. By inserting retargeting pixels in your HTML emails, you can create a specific retargeting pool for this high-value audience once they open the email in a browser or if they click through to a specific landing page from the email. Finally, there are technologies available that can help you better integrate your display advertising with social media marketing to get more out of this channel. Savvy social marketers are now using shared links to track the business demographic profiles of people clicking on their links, and then using ad retargeting to serve more relevant ads to these clickers as they travel the Web. Additionally, URL shorteners designed for online marketers can be used to deliver actual lead generation offers to social media users through a branded interface, adding a virtually “free” lead gen channel to their marketing mix via social media. 5)*5-&.')* Today’s online marketers no longer need to exhaust the traditional online channels of email and search in order to achieve their monthly or quarterly lead goals. Display advertising practices and supporting technologies are more in tune than ever to the needs of lead generation marketers, offering both expansive reach into today’s business professional audience, and the ability to precisely target the right segments so that no marketing dollar is ever wasted. Extremely versatile, display impacts the buying process from beginning to end, starting with the moment a prospect becomes aware of a product or service to even after the purchase is made. Moreover, targeted display ads are proven to boost efforts across the entire marketing mix, making it a no-brainer to use display to complement paid search and other channels. With the increasing demands placed on today’s lead-generation-driven marketers, display advertising is the answer to achieving both the scale and precision needed to reach the right target audience and generate quality prospects. 565 Commercial Street, San Francisco, CA 94111 | 866.497.5505 | www.bizo.com | Follow us on Twitter: @bizo The Guide to Generating Leads with Display Advertising | 18