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3Q/Google Client Summit FinTech Case Study – Audience Segmentation May 3 rd , 2016

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Page 1: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

3Q/Google Client Summit FinTech Case Study – Audience Segmentation May 3rd, 2016

Page 2: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

2 A Harte Hanks Company

Who Are We?

Molly McCarty - Sr. Social Account Manager - Been in Digital Marketing (specifically

Social) for over 4 years - Avid runner - Enjoys long hikes in Tahoe and Point

Reyes

Diego Rovira - VP of Client Services - Been in Digital Marketing for over 8

years - Avid soccer fan - Enjoys long walks on the beach

Page 3: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Who’s The Case Study On?

We can’t tell you who but we can tell you a couple things about them: • They are a major player in the financial services

vertical

• Invest millions in paid media

• Run Search, Social, Mobile, and Display

• Have been working with 3Q for over 3 years

• True strategic partner

Page 4: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

2015 Challenges

Page 5: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Increase Conversions While Maintaining CPA

CPA

Conversions

Page 6: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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How Do We Improve LTV and ROI? • Segmented audiences by LTV to make smarter decisions for targeting, bidding, and

budgeting.

• Began to evaluate performance based on ROI instead of CPA.

• Most of our optimization tactics were great at driving conversions but did not improve LTV – and in some cases negatively impacted ROI.

Page 7: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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New Approach On How We Optimize Campaigns

• CPA = $20 • LTV = $30

Audience A 50% ROI

100% ROI • CPA = $50 • LTV = $100

Audience B

Page 8: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

Findings

Page 9: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Behavioral Only

•Initially, we were running behavioral-only targets •Low CPAs and high CTR •Large audience that regularly updates itself (does not fatigue)

Finding The Best Audiences

Broad Seed Audiences

•Lookalikes created off of large groups of users •Large cuts of audiences •Higher CPAs and low LTVs compared to behavioral targeting

Precise Seed

Audiences

•Tested smaller seed audiences created off of high-LTV users: •By vertical, channel, product, etc.

•Saw slightly higher CPAs than behavioral targeting – but much higher LTVs

Page 10: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Highest LTV Audiences Are Created Off Of 1st Party Data

Page 11: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Mobile Spend Increased As We Optimized For Lowest CPAs

Page 12: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Desktop Has A 60% Higher LTV Than Mobile

Page 13: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Don’t Rule Out Mobile Just Yet

Page 14: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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LTVs Change Month Over Month For All Audiences

Page 15: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Audience C

Audience B

Audience A

Remarketing

Target Audience C - Exclude Audience B, Audience A & Remarketing

Target Audience B - Exclude Audience A & Remarketing

Target Audience A - Exclude Remarketing

Exclusions Allow Us To Accurately Measure LTV

Page 16: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

Results

Page 17: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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We Increased ROI For The Client by 20% in 2015

Page 18: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

Next Steps

Page 19: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Key Takeaways

Page 20: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Apply Your Audience Strategy to Google, YouTube & Gmail

>1 billion monthly users

Billions of monthly searches

900 million monthly active

users

Page 21: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

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Google’s Customer Match

Page 22: FinTech Case Study – Audience Segmentation · FinTech Case Study – Audience Segmentation May 3rd, 2016 . A Harte Hanks Company 2 Who Are We? Molly McCarty - Sr. Social Account

3qdigital.com

https://twitter.com/3QDigital

https://www.linkedin.com/company/3qdigital

https://www.facebook.com/3qdigital

Thank You!