Guest post by Chris Beck of 26DotTwo
You allocate increasing amounts of budget, time and resources with social media to connect one on one. What about the other 90% of your budgets? What learnings can be cross-pollinated to increase your impact?
The focus in social is on the 5th P (people); communities, niche groups, and influencers. Traditional media consists of the 4Ps; product, price, promotion, and place. Consider integrating the 5th P into traditional; not just a ‘Follow us on Twitter’ or ‘LIKE us on Facebook,’ but deeper learnings that can create significant impact.
Here are 6 social insights you can and should start applying to traditional…
Chances are your social campaigns are highly geo and contextually targeted. What about your traditional? Does it mirror your segmented user targets? Or is it a commoditized plan reaching broad demographic groups, using essentially the same creative?
Highly targeted ads create much higher consumer connection. You can see this clearly with social. A hyper targeted campaign on Facebook will generate upwards of 0.1% CTR’s with 60+% Fan Click Through Rate (FCTR). A broadly targeted demographic campaign may only generate a 0.2-0.3% CTR and 25-30% FCTR. Thinking the same way about traditional can dramatically increase your impact and ROI.
How are you customizing your outdoor and place based messaging? Do you use wild postings in urban areas and day-parted messaging with digital out-of-home? We do. In fact, we even use different messaging for men’s and women’s locker rooms. Do you have broad demographic targets for your radio and TV, or separate campaigns and music beds for your different segmented groups? The more traditional is customized, the greater your ROI will be.
Is your creative approach focused on the big idea? Or are you using a series of smaller ideas designed to resonate in specific markets and within specific niche groups? Typically the same traditional creative may be running in all markets for several weeks. However, traditional can learn lessons from social’s top creative, where top performing social ads may only perform for 36 to 72 hours before needing to be optimized. In the case of the Facebook Ad Server, it will save you from creative burn out because it will just stop serving your ad. However, your traditional could keep running and running…
Are you listening to conversations and then attempting to tap into them to promote the next deal period or sale? Looking at consumer insights for the 4th of July, it became clear that BBQ recipes and cupcakes were the most searched for items historically. Thus, we integrated these topics of interest into our creative to better join in the conversation and fulfill actual wants and needs.
Most of the media analytics applied to traditional are decades old and primarily mechanisms of commoditizing a buy to broad demographic groups. Effective social campaigns are focused on reach and frequency.
GRPs and IMPs mean nothing in terms of actual reach and frequency; 100 GRPs can be a 50 reach and 2 frequency or a 10 reach with a 10 frequency. They also do nothing to indicate the environment that the message is being showcased in. Are you looking at GRPs and CPPs or reach and frequency with different consumer segments? If not, you could be entirely over-reaching logical frequency levels with one group and entirely under-reaching another.
Think about the amount of time devoted to strategizing your 1 or 2 daily Facebook posts. Think about the analysis of the timing and content of when your tweets are most amplified. Could your traditional use the same analysis to better engage? The first step in the process is an understanding of how the consumer is actually consuming media and what other media is being used simultaneously.
Pandora Web is used mostly in-office and Pandora Mobile is generally used in the car. Won’t your messages engage more effectively if you take advantage of where people are consuming media? That’s why we’re huge advocates of heavy use of day-parting; it engages better. Drive time radio may have slightly higher usage, but much lower consumer attention spans and receptivity. A well produced :05 or :15 might better engage people in drive time, while an engaging :30 is a more effective messaging tool middays and weekends.
Think of crowdsourcing as the focus group of the future; it can offer much deeper information than a series of “controlled” focus groups ever could. It’s the next level of listening, by actually reaching out and having on-going insights on your creative, product mix, line-extensions and promotions. It’s no longer what you or your agency is thinking “back to school” may or may not represent, but what your segmented consumer groups want and will engage with.
Consumer’s media consumption, adoption of new technology and increased reliance on social elements will only continue to explode. Astute marketers will see that this translates into much less value to the “old days” of traditional commoditized media plans, siloed strategies and one size fits all creative. Integrating best practices from social can help your traditional better connect and create higher ROI.
Chris Beck is a 30-year marketing veteran and is the founder and Chief Vision Officer of 26 Dot Two. The company works with leading brands, including Whole Foods Market & Popchips. He can be reached at firstname.lastname@example.org
Image Credit: Shutterstock
Via Brian Solis: http://www.briansolis.com