Pinterest Advertising Tips & Best Practices

Pinterest is a frequently overlooked social platform for advertising, with many marketers defaulting to Facebook and Instagram. However, it can be an excellent tool for brands looking to reach niche audiences in a discovery mindset. Inspiration is a key driver in marketing effectiveness, and Pinterest is where consumers go to be inspired.

Pinterest users are action-takers who intend to make purchases, plan projects, or develop new skills. This sets Pinterest apart from other social media platforms where users just skim through and like friends’ posts or news headlines. In other words, Pinterest is the ideal site to increase brand awareness and consideration.

If you’ve historically been hesitant to use this platform, read on to learn more about how your brand can capitalize on Pinterest ads.

What is Pinterest?

Pinterest is a social curation platform that acts as a digital inspiration board. It lets users create, share, and categorize online content per their interests. Marketers should think of Pinterest as a combination of a powerful visual search engine and online social community, making it the perfect place to promote product discovery among potential customers. 

What are pins?

Users can upload and save images from the internet and add captions, descriptions, and links. These are known as pins. Pins can be saved or uploaded to customizable boards on user’s accounts to have multiple points of inspiration. 

What do people use Pinterest for?

85% of Pinterest users use the platform as their first stop before beginning a new project. So, Pinterest is using this intel to lean heavily into commerce, giving users the opportunity to create shoppable pins and shopping lists. These shoppable pins are look native in the user’s feed, creating a less disruptive advertising experience. Additionally, Pinterest has new AR features that allow users to try out products virtually before purchasing. People use the platform to discover and research products and brands, making it the ideal platform to reach your audience before competitors do.

Types of Pins

There is a diverse range of ad formats you can leverage on Pinterest. Idea pins, how-to pins, downloadables, video pins, idea pins, shopping pins, and collection pins are just a few examples. Some of the newer and more valuable formats that marketers can utilize are idea pins, try on pins, and collection pins.

Idea Pins

These pins are Pinterest’s interpretation of the “story” concept that other platforms such as Snapchat and Instagram have used. Idea pins are short form video content or a series of images. These pins are usually demonstrations or how-tos. 

Pinterest Idea Pin Example

Try-On Pins

Try-on pins use augmented reality technology to allow the user to test out a product before purchasing. From trying out makeup to seeing how a new couch would look in their living room, try on pins allow users to visualize the product in their life before purchasing. 

Pinterest Try-On Pin Example

Collection Pins

These pins consist of several elements – one large main hero asset and three smaller secondary assets. Once clicked, collection take users to a page where they can view the hero asset up close next to the secondary assets. This can help brands showcase multiple complementary items or highlight different product features in one view.

Pinterest Collections Pin Ad Example

Who Uses Pinterest?

The platform has over 400 million monthly active users, who utilize the platform to plan projects, make purchases, and become inspired. Pinterest’s user base is primarily female, with 60% of their global audience consisting of women. Unsurprisingly, women are also the most likely to make purchases on Pinterest.

However, the user base is steadily diversifying, with male and Gen-Z users growing by 40% this year. Additionally, 45% of social media users who bring in an average household income of over $100K are active Pinterest users, meaning Pinterest users are high earners and high spenders.  People in many different life stages, and with many different interests (from new homeowners to hobbyists to gift shoppers), utilize Pinterest. 

How to Advertise on Pinterest

To start advertising on Pinterest, you must first create a Pinterest Business account. This gives you access to analytics, exclusive pin formats, and the ability to create ad campaigns. From there, you will receive a prompt to select a campaign objective. 

Pinterest advertising objectives include: 

  • Brand awarenessBrand awareness helps consumers to discover your brand, products and services
  • Video views – Video views optimize the quality and duration of views, as well as completion rates
  • Web sessions – Web sessions drive visitors to your website and increase awareness and consideration
  • Conversions – Conversions encourage users to take action, such as signing up for a mailing list, or adding items to their cart
  • Catalog Sales – Catalog sales aide in the discovery process, helping users find products and services

These objectives determine your spend and ad formats, so choosing one that most accurately reflects your company’s business goals is important. 

How to Target on Pinterest

Advertisers have several options when it comes to targeting. You can target users who have already interacted with your brand online, find new customers through lookalike modeling, target by keywords, or even create a target audience by uploading a mailing list.

Pinterest also gives users the ability to target by interest with their premade interest targeting options. For example, if you were advertising a modern chair, you could select “contemporary design” or “modern home aesthetic” in order to refine your audience even further.

4 Pinterest Advertising Tips

Here are four best practices to maximizing your advertising efforts on Pinterest:

  1. Keep it Visual: On Pinterest, visuals are everything, so it is important to tailor your creative to the platform. Users are looking for pins that look good on their boards, so make sure your creative is high quality and aesthetically pleasing. 
  2. Mix it Up: The most successful Pinterest marketing campaigns are experimental, so vary the type of pins you use. Like many other platforms, short-form video content typically performs well on Pinterest. Video ads autoplay on mobile devices, which highlights your ad against other pins. Mix in different styles of content to keep your audience engaged. 
  3. Lean into Analytics: Pinterest ads manager allows advertisers to track their campaigns and access valuable analytics. Use these metrics to understand trends and optimize business goals. 
  4. Be Descriptive: Utilize the description for each pin to give the user helpful, inspiring context and let them know why they should save your pin. 

Pinterest ads offer brands a great opportunity to reach reach and persuade niche audiences. If you’re in search of a new platform to breakthrough the noise and engage consumers, don’t over look Pinterest.

For more tips, view our 2023 Social Media Advertising Trends article here.

The Drum – The 3 Universal Truths of Personalization in a Privacy-First World

Last night, I saw a streaming TV ad for my local Chicago news station. Except I don’t live in Chicago; I reside 400 miles away in the Twin Cities. As someone who makes her living in digital media buying, I felt that cringe moment. Someone, somewhere, screwed up. Marketing dollars aren’t endless, and as a marketer, I pride myself on being a good steward of my client’s media budgets.

While data on my geographic location might not feel invasive, it’s one of the many touch points available for consumer targeting. But this data-based performance is only as strong as its data-based audience inputs.

This is why it’s critical to consider the three universal truths of personalization when planning and executing campaigns: transparency, relevance, and compliance.

Win Over Audiences with Effective Finance Content Marketing

Financial literacy is in short supply. Brands who lean into an education-first finance content marketing strategy can build lasting customer relationships, when done right. 

Consumers are making a substantial investment when they choose to work with your financial institution. Outside of the financial commitment, the decision of which company to work with also requires a significant amount of time and research. This is true whether selecting an institution for banking, loans, or retirement funds. 

As a marketer, it’s important to be proactive in answering key consumer questions to win their trust and business. Some questions our financial services clients are regularly addressing include:

  • Which business offers the best rates? 
  • Can I solve all my financial needs in one place? 
  • What accounts and funds are best for me? 

But, these questions are truly just scratching the surface. To win over audiences, you must build a robust, flexible finance content marketing strategy that:

  • Simplifies communication between the business and consumers 
  • Delivers useful content in the most opportune areas  
  • Leans into innovation, fearlessly breaking the mold 

Building a line of communication with finance content marketing

To persuade consumers to trust and invest in your financial services, you must understand their motivations, financial literacy and relationship with your brand. But don’t stop there. 

Go more in-depth to find out what their research process looks like, understanding what and who impacts their financial decisions. Additionally, discover what channels they use to formulate an opinion about your financial brand. Are they watching financial channels on YouTube? Searching on Google to see if you’re on a list of top local banks? Reading brochures on the benefits of opening certain accounts? 

47% of consumers worldwide turn to their wealth manager or investment adviser when making important financial decisions, followed by educational resources from financial institutions (41%), whereas friends and family as well as social media are only at 25%. Yet, when it comes to making overall financial decisions, Gen-Z is turning to video while Millennials and Gen-X continue to first turn to search engines.

Financial Education Sources by Generation

Figure out which channels your target demographics are turning to, create a unique communications strategy by product, and meet them where they are. Formulate a financial customer journey with your marketing to help answer their questions and ultimately persuade them to call, email, or fill out a contact form.

Leading with quality content

Depending on the risk of the financial decision, consumers may need a lot of time in the consideration phase. They’re weighing their options, researching and consulting with trusted sources. Regardless of the product or service line, sharing high quality educational content is your opportunity to show up early in the consumer journey.

Even if you’re just trying to get a consumer to open a checking account, taking the time to produce a high quality digital brochure or a video ad explaining your value creates an opportunity to build high lifetime value. The average consumer retains the same checking account for an average of 17 years.

Establish yourself as a helpful guide throughout the financial decision-making process, featuring your organization’s subject matter experts as authorities in the financial industry. Also, use consumer intel as the foundation for your content marketing strategy. Then create informative, empowering content personalized for your target audiences that addresses those top of mind questions and helps them feel in control of their finances. 

Educating financial advisors vs end users

The process of creating and distributing content becomes slightly more complicated in a B2B2C marketing model. If a third-party business or individual is responsible for the final sale, you must arm them with information to best represent your value. With B2B content, you can be more technical and include common industry jargon. However, your B2C consumers need different materials. Lean into high-level content, providing enough information where the consumer understands the benefits without being overwhelmed or intimidated. 

Link these two paths by creating a series of content around the most important topics for explaining your product and service value. This allows the consumer to interact with multiple, digestible pieces of content that guide their research and discovery process.

Then, create a two-pronged advertising strategy to amplify content in key channels that make sense to each respective audience. With financial advisers, perhaps it’s serving amplified content alongside well-known financial journals, television programs, and LinkedIn, whereas content amplified for consumers could appear on YouTube, Google, or even TikTok. Either way, it’s critical to create an omnichannel experience with multiple touchpoints that keep your brand top of mind. 

Identifying the greatest opportunities

Even though you should be implementing an omnichannel experience, that doesn’t mean your strategy should be throwing dollars at the wall hoping something sticks. That’s especially true in terms of marketing channels and tactics. Use measurement tools, such as media mix modeling, to understand the channels driving the highest return in your campaigns. Then, align your most valuable, informative content with highly trusted channels. And finally, determine unique KPIs to define success and keep your marketing accountable. 

Breaking the mold

It’s easy to get into a rhythm of what’s comfortable and familiar in your marketing. But, it’s important to consistently keep a pulse on what’s happening across the finance spectrum.

  • What trends are impacting marketing execution?
  • What matters to your customers today? 

Based on these learnings, test a variety of content marketing executions. This can vary from your standard display banners to custom articles, podcast placements, email marketing – you name it. Begin building reach with expanded target audiences (achieving sufficient scale is key!) by using adjacent topics to your typical content. This will position your brand as a helpful thought leader.

Financial literacy is still lacking across much of the population, especially younger generations. Brands have a major opportunity to drive finance consumer leads through education – a pivotal, but often overlooked, part of the consumer journey. 

For tips on how to incorporate a financial content strategy into a full-funnel digital marketing, view our Ultimate Guide to Financial Marketing.

CEO Matters Podcast – Redefining the Agency Rockstar

Agencyland is always looking for the next digital rockstar. That one person who will solve an agency’s problems with one powerful chord. But is hiring a rockstar the most effective way to level up your agency, or is building a solid “rock band” team the way to go? We turn a magnifying glass on the reality of hiring shining stars, and how to harmonize uniquely diverse marketers to create a solid team greater than the sum of its parts.

Listen to Coegi’s CEO Sean Cotton and other guests on The Drum’s CEO Matters podcast below:

CTV Advertising Best Practices: Q&A with The Trade Desk 

Your CTV advertising questions answered.

If you’re interested in streaming television advertising but have never run a campaign, you likely have many questions. How do I create an effective campaign? Is it worth the time and money? How will I know if it’s working? 

In this Q&A article, we sat down with two CTV experts – Jake Richardson, Director of TV Partnerships at The Trade Desk, and Hannah Schatz, Director of Programmatic Operations at Coegi. They answered common questions about connected TV so you can feel confident using this high-impact channel to reach your brand goals. 

What is something most marketers don’t know about connected TV advertising?

Jake: One of the biggest unlocks we hear from clients is that certain TV shows or events are not available for programmatic purchasing. While that was once true, we’ve made great strides with our TV partners. They have realized the value of having programmatic inventory. Now, anything available on linear can be reached via streaming or connected TV. That even includes things like live sports.

Hannah: Connected TV is not bought, sold, or delivered the same way as traditional TV advertising. With CTV, ad slots are not determined by certain air times or channels. Rather, CTV ads are shown one at a time to a specific target audience/viewer.

What’s the biggest misconception among advertisers about CTV?

Jake: Pricing – many believe connected TV is less ‘efficient’ than linear TV on a household reach basis. However, the true power of CTV advertising is that marketers can tap into consumers on a more precise data-driven basis, with individual households. This makes that inventory substantially more appealing than traditional TV where targeting can be limited to a DMA or age and gender at best. What’s a better use of budget: spending it on households that are not interested in your product or spending it on audiences that have shown interest or even purchased previously?

Hannah: The idea that premium TV content is only available on one platform. For example, a brand wanting to reach Bravo viewers can access them on Hulu, but also on other streaming platforms such as SlingTV, DirectTV Stream, and FuboTV.

How can brands ensure they are running ads on high-quality CTV inventory?

Hannah: Look at what you are buying before launching your campaign. DSPs, like The Trade Desk, package their premium CTV inventory into private marketplaces (PMPs) of different categories (News, Live Sports, Entertainment, etc). Without executing through PMPs, the buy is open to all inventory coming through as “CTV” in the bid stream. This can result in buying less desirable ad slots.

For more tips on selecting CTV inventory to maximize your budget, view the video below:

What targeting approaches should marketers consider to reach their audiences on CTV?

Jake: One of the most important pieces of advice we give to our clients and brands is to start with an audience-first approach. With linear TV, we use contextual parameters to help narrow our audience. However, with CTV we have incredible user data that allows more granular targeting. Relying on contextual parameters in an audience-first world hinders your ability to unlock CTV’s full potential.

Hannah: Consider what is more important to you: the platforms your brand appears on or the audience you want to reach. If you want to target a niche audience AND only be on 2-3 streaming platforms, you will likely lack scale. Instead, be open to casting a wider net in terms of inventory if targeting a small audience. On the other hand, be open to targeting a broader audience if you only want to appear on a few streaming platforms

How can brands control CTV ad frequency?

Jake: Ad oversaturation isn’t just wasting money. It diminishes the consumer experience with your brand. The benefit of buying CTV via platforms like The Trade Desk is that it allows for holistic frequency capping. This means you can control and leverage frequency across not just CTV buys, but across the entire media mix. 

How can marketers measure the impact of CTV advertising on business results?

Jake: Traditionally, we don’t think of CTV as a direct response channel. By combining CTV buys with your omnichannel digital approach, marketers can track traditional digital KPIs – even on CTV inventory. Leveraging the power of multiple digital channels working together gives advertisers the most out of their CTV buys. 

Brands and advertisers can also evaluate campaign efficacy in real-time and shift accordingly when marketing goals change. Also, you can add in data from retail media partners like Albertson’s, Target, or Walgreens for greater performance insights and, in some cases, to measure tangible sales results.

Hannah: CTV advertising success is not just measurable by front-end metrics like video completion rates or cost per completed view. I often recommend running a brand lift study. This provides insight into how your video ads impacted an audience’s awareness or consideration of your brand. CTV also allows for offline conversion tracking. This records how many times a viewer was exposed to your ads before taking a key action. 

What strategies can brands use to connect measurement results from omnichannel campaigns?

Jake: Omnichannel measurement is one of the key differentiators of platform-based buying, as compared to buying television in siloes. We counsel clients to bring as much of their existing digital buys into the platform. Then, they can measure campaigns across all of the publishers and channels. By leveraging linear TV audience data via our Audience Accelerator product, advertisers are also able to understand their linear TV footprint and adjust their digital channel strategies to ensure these buys complement one another.

Hannah: It’s important to take advantage of real-time measurement and optimization. CTV advertising offers more flexibility than linear TV. For example, CTV can measure which creative message worked best, as well as what audience responded the most with the final action, such as a product purchase. Those converted users can then be suppressed from targeting on other channels running in tandem. This ultimately leads to less media waste.

How is CTV advertising evolving to drive lower-funnel conversions?

Jake: Much of this shift is being driven by the addressability of CTV measurement; but also by emerging channels. More and more, we are seeing interactive creative that evokes a response. This comes through both third-party vendors and publishers themselves. We’ve found that new creative formats are increasingly able to drive toward brands’ KPIs thanks to technological innovation in the space.

Hannah: Pixels, site visits, and site activity can be tracked on any programmatic campaign, including CTV. As a result, you can measure CTV by the number of lower-funnel activities such as: 

  • Number of site visits driven
  • Cost per site visit 
  • Conversion rate of on-site actions. 

This allows us to refine TV campaign objectives beyond broad awareness and reach. 

What should marketers consider when balancing cost and effectiveness on CTV?

Jake: Since marketers can now activate in real-time on an individual household level, they can better determine which impressions are worth their dollars. Instead of spending money on ‘cheap reach’, media buyers can make every impression count. While CPMs may be more costly on a per-unit basis, omitting out-of-demo impressions results in biddable CTV with much greater inherent value.

Hannah: Consider what placements are going to elevate your brand’s position. Some are more costly but have powerful engagement. For example, supplementing your buy on a large live sporting event to reach many users on multiple streaming platforms can have a major impact worth the premium

What should marketers consider when putting together their CTV creative strategy?

Jake: Marketers should treat CTV creative much like they do traditional television creative. This is a chance to tell a story. It’s also an opportunity to engage closely with your customer on the largest screen in the room. 

Also, keep in mind that you can target a very specific set of viewers. For example, a food delivery service using the offerings at The Trade Desk could activate real-time weather data to target streamers with warm dinner options in Kansas City when it’s raining. I cannot understate the effectiveness of this kind of real-time pivot.

Hannah: As you tell your story, keep a cohesive narrative, whether you have 15 seconds or a full minute. Also, ensure your video is of the highest quality possible as premium publishers have thresholds on things like bitrate. Finally, run A/B tests to determine which creatives resonate best with your audience. 

How can brands be more innovative with CTV advertising?

Jake: One of the best things about CTV is the speed and agility and the ability to test and learn more quickly. You can improve campaign relevance and effectiveness in ways that can be challenging to achieve on linear. 

Hannah: Consider incorporating emerging ad formats and tactics to increase overall ad relevance and engagement. For example: 

  • Interactive ad elements such as map functionality or QR codes 
  • Dynamic creative optimization to deliver personalized ads to target audience groups
  • Real-time geographic data to deliver CTV ads to your target audience based on their location/environment 

Finally, what are your best tips for running a successful CTV campaign?

Jake: Iterate, iterate: iterate! The power of CTV is real-time feedback. Taking the data and measurement that comes part and parcel with a CTV buy will allow you to quickly adjust buying behavior. The end result is higher return on ad spend and less waste.

Hannah: To maximize CTV campaign success, focus on three key areas: audience, context, and measurement. 

  • Audience: Avoid wasting media dollars by taking advantage of addressable CTV targeting. Activate first-party audiences by purchasing data from partners like Catalina, retail media providers, or exposure data from Samba TV.  
  • Context: Make sure your ads are running around high-quality programming that is relevant to your audience. 
  • Measurement: Establish CTV campaign KPIs that are clear, meaningful, and trackable. This will enable you to attribute success and see its value in your overall strategy. 

Download our CTV Ecosystem Infographic here to understand the key terms and players in the streaming landscape. 

For more strategic tips and information, access our Connected TV Advertising Guide.

MarketingProfs – How to Humanize Your B2B Strategy in Five Steps

Oh, the humanity! You’ve lost a potential lead because your only attempt to reach out was a message buried in a pile of unopened LinkedIn In-Mail.

That person might get around to clearing those out on a rainy day and responding. But even then, you’ve likely missed the window when your marketing efforts would be credited for the result.

Thankfully, there is a better way to reach B2B audiences: Stop limiting yourself to traditional “B2B” strategies.

Fully 83% of business buyers say that you must treat them like a human, rather than just a sale, to win their business. Your audiences live full lives outside of the workplace. You have ample opportunity to humanize B2B marketing strategies with cost-effective digital media.

Use these five tips to improve your B2B marketing strategy:

3 Myths of Influencer Marketing: Debunked | Webinar

 

Are you falling victim to one of these common myths of influencer marketing? 

  • Influencer marketing is an awareness-only tactic
  • Influencer marketing is too expensive 
  • Influencer marketing is only for CPG brands 

If this is you, it’s time to change your mindset! 

Hear from Coegi and our guests from TikTok, Tagger and @BakerBanter as we reframe these three major biases around influencer marketing. 

What you’ll learn:

  • How to influence your bottom line using influencers
  • Innovative strategies to maximize your influencer budget
  • Why nearly all brands should be using influencers

Watch Now: 

Why should brands use influencer marketing?

Nearly ⅔ of US brands worked with influencers, often called creators, in the last year, and for good reason. Brands are seeking solutions to build brand authenticity, especially among younger generations who value genuineness over polish. 

Consumers tend to trust creators’ recommendations more readily. So adding the weight of an influencer’s opinion has a myriad of benefits: 

  • Adding relatable faces to represent your brand 
  • Reaching highly engaged, diverse audiences 
  • Improving customer acquisition, retention, and loyalty 

Despite these benefits, brands often believe influencers are not a viable option due to their particular industry, budget, or goals. So we brought together experts to shed light on the three key myths of influencer marketing.

Three Common Influencer Marketing Myths

Myth #1: Influencer is an awareness-only tactic

Whether your goal is top of the funnel, bottom-funnel, or somewhere in between, social media creators can influence buying decisions and drive measurable impact. Yes – influencer marketing originated as an upper-funnel, awareness tactic. But the creatorverse, and social media at large, have expanded and evolved since its beginnings. 

The recent proliferation of influencer-driven social commerce is further indicating this down-funnel shift.  With trackable coupon codes, UTMs, shoppable posts, and more now being incorporated into influencer marketing tactics, brands are able to more easily tie business results to this content. 

Myth #2: Influencer marketing is expensive

The cost of a sponsored influencer post can range anywhere from $10-10K+, making it a viable option for ANY marketing budget. Nano and micro-influencers with smaller, but highly attentive, follower bases are a lower-cost option for growing brands looking to build a reputation, whereas macro-influencers come with a heftier price tag but can make a significant splash. Additionally, the barriers to entry for influencer marketing are much lower than many other digital channels with the right reach out and process. 

Myth #3: Influencer marketing is only for CPG brands

Sure, having a physical, consumable product an influencer can hold up, wear or demonstrate is visually effective. But service-based brands, non-profits, and B2Bs, among other brands across a wide variety of industries, have also established strong influencer relationships that pay dividends. Some prolific examples of this are Audible.com, BetterHelp, and Robinhood. 

Best Practices of Influencer Marketing

Ready to get started? 

Here are three key influencer marketing tips to launch a successful strategy: 

  • #1 Incorporate influencer into your broader media strategy

Influencer should be woven into a holistic marketing strategy, not treated as a one-off tactic. Consolidate your paid media and influencer within one agency so budgets and channel activation can be handled fluidly and with greater agility. 

  • #2 Be strategic with your influencer selection

Find influencers that authentically match your brand values, have a following that overlaps with your target audience, and use photography and video that complement your brand aesthetics. 

  • #3 Build accountability through measurement

Take a blended approach of measurement tactics to tie influencer spending back to meaningful metrics. For more clearly attributable sales, use discount codes or affiliate links that allow backend tracking. 

For help capitalizing on the true ROI of influencer marketing, reach out to Coegi for a strategy consultation today.

To continue learning more, download The Practitioner’s Guide to Influencer Marketing.

Cookieless Attribution and Measurement Solutions

Cookieless Attribution and Measurement Solutions

Cookies have been the underpinning for most digital marketing performance measurement for over twenty years, which has allowed advertisers to measure post-click conversions and attribution for sales impact. As a result, channels like paid search and display retargeting typically stand out as ‘performance channels’. Simply put, cookie deprecation takes away the easy button of using off-the-self audiences and straightforward conversion tracking.  However, without third-party pixels, determining clear return on ad spend will become more challenging, especially for marketers who continue to rely on click-based attribution models.

Without cookies, it is imperative that you develop more meaningful ways of understanding how customers make decisions and how it impacts business results, a topic we recently covered on The Loop Marketing Podcast.

How to calculate marketing ROI in the cookieless future

In this new paradigm, marketers will need to rely more heavily on strategy to get the greatest and most accurate ROI

The ability to calculate marketing ROI starts with having a strong measurement strategy in place prior to campaign launch. Smart marketers know to look beyond online conversion data and search for correlations with business performance to determine true directional success. Advertising campaigns need to be set-up to achieve business goals rather than just vanity metrics. It’s important to know when to incorporate more robust analytical solutions to understand what’s impacting your bottom line. 

Cookieless measurement solutions

Some methods for measuring media campaigns in the cookieless future include: 

  • Media mix modeling (MMM): MMM works by isolating one variable at a time to see the impact of removing or adding a tactic. It allows deeper understanding of how omnichannel campaigns work together and incrementally impact key outcomes. 
  • Advanced measurement studies: Exposed vs. control consumer studies track brand lift, sales lift or foot traffic lift to provide greater insights into the real impact of advertising on difficult-to-measure business goals. 
  • Overlaying multiple data sources: Brands can match up Google Analytics conversion data, or sales data, with paid media data. While more time and knowledge intensive in terms of the analysis needed, this is effective to look beyond media data alone and instead looking holistically at the brand to understand marketing’s impact. 

Place less emphasis on media efficiency metrics and more emphasis on effectiveness. Look at correlations between business and media data to identify incremental conversions compared to your company baseline. 

To achieve this, marketers will need to identify leading indicators of success by channel and tactic and optimize towards those metrics.  

Will the cookieless future impact walled gardens?

Walled gardens, such as Facebook and Amazon, leverage their own first-party user data. As a result, cookie deprecation will affect them less in terms of targeting. 

Within platform confines, advertisers will still be able to track individual users, though the windows of attribution can vary. Due to this, walled gardens allow for brands to conduct some closed-loop measurement. That being said, there will be limitations on attribution, and less deterministic targeting as privacy laws continue to become stricter.

Walled garden pixels will have limited ability to pass back data to the platform once cookies are gone. We can expect front end marketing performance metrics to decline, even if backend business performance remains the same. Plan for shifts in attribution, using strategies like those laid out above, as we get closer to cookie deprecation.

Cookieless attribution tips

Begin testing and learning today to proactively understand what will and will not be effective in the cookieless future. 

  1. Begin benchmarking current performance ASAP: compare performance of cookie-based vs. cookieless tactics. Then, analyze backend data to determine the effect on business results and set expectations accordingly.
  2. Consolidate to fewer platforms, or find a way to ID map: Platforms are developing their own internal ID tracking frameworks. The more platforms you execute your media through, the more disparate measurement systems you have to consider. This will also minimize duplication across platforms. 

The deprecation of third-party cookies will undoubtedly impact the way marketers approach digital media. But a data-driven media plan tied into a holistic cookieless attribution and measurement solution will ensure your business continues to grow by reaching the audience in the right place at the right time.

The Drum – Creating a Marketing Ecosystem for International Success

You couldn’t run a successful business without a diverse team with unique skill sets. So, why would you attempt to launch a global marketing campaign without the same care; without assembling a team of experts to help you navigate the complexities of cultural nuances and regional platforms and publications?

Continue reading to learn how to build your own ecosystem for international marketing success.

MediaPost – 4 Ways Brands Can Benefit from a Hybrid Agency Model

Hybrid agency models allow brands to gain the best of both worlds, with in-house marketing capabilities being supplemented by agency specialists. Taking a hybrid approach to agency contracts can be a win-win for both parties, leading to healthier, longer-lasting partnerships.

Here are four key reasons why brands should consider a hybrid agency model…

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