london #b3seminar: why brands need to consider their engagement rate optimisation - andrew machin

Post on 23-Jun-2015

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It's no mystery now as to why audience engagement plays such a salient role in the current digital landscape, but how should brands be going about this? Head of Creative, Andrew Machin will talk about the concept of Engagement Optimisation as an exercise, the ways in which you can apply this to your site, and also why a focus on only conversion rates can be a misguided metric to measure the success of your site.

TRANSCRIPT

Welcome to…

Why brands need to consider Engagement

Rate Optimisation

Andrew Machin – Head of Creative

#B3Seminar

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Brand

Customer

Offer

Respond

Convert

The ‘ORC’ customer journey#B3Seminar

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Display ads served in the US in 2013. ~25% increase on 2009

Comscore

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Average CTR. Some formats as low as 0.04%

Doubleclick

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Statistically, you are more likely to survive a plane crash

Solve Media Research

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A.D.D.?

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“There is no such thing as an attention span. People have infinite attention if you are entertaining them.”

Jerry Seinfeld

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A.D.D. M.R.D.

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Because we live in the ‘moment’

Why?

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moments per day

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?

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?

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Brand

Customer Moment

Relevance

Engage

The emerging ‘MRE’ customer journey#B3Seminar

The Audience of 1

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How do we become ‘relevant’ to 1?

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Really know your audience

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Engagement allows you to learn about your

customers

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Com

plex

ity

Knowledge

Decision/Experience

Model

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

We have matured here

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Com

plex

ity

Knowledge

We have matured here

But up here is where the magic happens

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Com

plex

ity

Knowledge

Understand motivations

concerns through engagement

Personalisecontent to create

unique experiences

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

?

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Com

plex

ity

Knowledge

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Com

plex

ity

Knowledge

In the moment

No value

Low content

Low engagement

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Why should brands start to optimise

their engagement?

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Engagement fuels Personalisation

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Personalisation creates Relevance

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Relevance leads to Experiences in the

‘moment’

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-30% Bounce rate+30% Conversion

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Com

plex

ity

Knowledge

Where are you?

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Thank you

Andrew.Machin@branded3.com @The_Machin Branded3.com @Branded_3

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