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Pixability TV 25
Webinar
October 17, 2012
YouTube Advertising - 5½ Things Brands,
Marketers, and Agencies Need to Know

   The Market/Marketing Funk
   Video Content Emancipation?
   1. YouTube as a Marketing & Advertising Platform
   2. YouTube Ad Formats
   3. Hyper-target
   4. Setting Up a YouTube Campaign
   5. Measure What Matters
   5½. Don’t Do This!
   Questions
Questions?



 webinar@pixability.com


 Twitter: @pixability #pixtv25
Pixability: About Us
 Conceived at MIT, based in Cambridge, MA
 Drives YouTube results for business
     Marketing platform for brand content marketing
     Big data keyword/audience analysis for ad buyers

 Extensive YouTube experience
     9,000+ brand YouTube Channels analyzed
     Authors of “Video Marketing for Dummies”

 Over 500 customers
Pixability
We solve YouTube for marketers and agencies




        Advertising                 Content Marketing
         Solutions                      Solutions
   Drive targeted traffic quickly    Build a long-term audience




                 On
Video Marketing for Dummies: The Book

                        Available as
                         paperback and
                         ebook

                        408 pages,
                         $16.32 paperback
                         $14.00 Kindle
The Market/Marketing Funk
Marketing Effectiveness Challenge




              How are your campaigns?
Video Content Emancipation?
Content marketing on the rise: Video is #1
Most Preferred Content
by US Brand/Agency Marketers
  (Source: Outbrain, March 2012)




87%
 Videos
                          67%
                        Blog Posts
                                      44% 44%
                                     Slideshows   Articles
                                                             22%
                                                             Other
Doing it the Wrong Way
Big brands like Liberty Mutual produce expensive videos no one watches
Most corporations (and agencies) struggle with the management of their YouTube channel
…and fail to effectively target advertising
1.
          YouTube as a
Marketing and Advertising Platform
YouTube is the dominant video platform
Dominating in monthly video views       Attracting younger viewers than TV

                            Yahoo
                            Facebook                     33%
                            Vevo
      YouTube         VS.
                            Viacom                                     67%
                            Microsoft
                            AOL
 154M U.S.                 Amazon
                                             VS.         Ages 18-49   Ages 50+
  viewers
                            Turner
 18.2B U.S. video
  views per month
                            Vimeo
                                          Prime                       24%

   55% of the U.S.
    online video                          Time
    market by video
    views                                  TV             76%
YouTube is a major marketing channel
Audiences are shifting from TV to YouTube
 #2 search engine, #1 video platform
 Now serving 4 billion hours of video per
  month, up from 3B earlier this year (Wall
   Street Journal, 7/31/2012)

 Over half of senior executives say they
  watch work-related videos on YouTube
  at least weekly (Forbes Insights, 2010)

Brands are following and being rewarded
 Content marketing is on the rise and
  video content marketing is the most
  preferred by marketers
 99 of 100 top global brands and 36% of
  U.S. businesses over 100 employees
  already use YouTube for marketing
   (eMarketer, 8/2012)

 4 in 10 shoppers visited a store online or
  in-person as a direct result of watching a
  video online (ReelSEO, 8/2012)
Business video on YouTube is skyrocketing
The biggest marketers in the world are already using YouTube to
reach their customers




Monthly videos published on YouTube by global Top 100 Brands
                                                               (Source: Pixability Video Radar)
The Traditional Ad Model

• Show a lot of ads
• Maximize Reach x Frequency




• Customer buys (maybe)
Online Video:
Paid, owned & earned media work together

          Promoted
          Video Ad


  YouTube Ads            YouTube Channel            Social Sharing
 Highly targeted, more       A video channel        Build a community
  cost effective than       that you own and        around your video
   traditional media           control fully              content




                              Website
                           Driving conversions
                         through highly qualified
                             website traffic
Your YouTube Brand Channel:
Like Having Your Own Cable TV Station
2.
 YouTube Ad Formats
YouTube TrueView ad formats

  Skippable* In-stream          Display Ads   Keyword Search     Display Ads
        (in-stream)             (in-slate)     (in-search)         (in-display)




  * Skippable after 5 seconds




 Value for money: Charged per engaged video view, not per click or impression
 Extremely flexible: Very different cost per view (CPV) ranges available
  depending on format and targeting
Ad Formats (1): In-stream
                          Companion Banner           The ad rolls right before
                          (permanently displayed)     the video the user
     In-stream Video Ad                               selected. There is also
                                                      space for a permanently
                                                      displayed companion
                                                      banner on the page.
                                                      Viewers can skip the ad
                                                      after 5 seconds.

                                                     Users can click right
                                                      through to the
                                                      advertiser’s website.

                                                     Charged only per view
                                                      of the entire ad or of
                                                      over 30 seconds of it,
                                                      not by the length of the
                                                      ad and not by click.
Ad Formats (2): In-search

                             Ad appears for
                              keywords that users are
                              specifically searching
                              for. Ads are displayed on
                              top or next to search
                              results.

                             Charged per click on the
                              ad (only if viewer
                              watches some of the
                              underlying ad).
Ad Formats (3): In-display


                              Placed right next to
                               a video in the same
                               spot where related
                               videos are shown.

                              Charged per click
                               on the ad (but only
                               if user watches
                               some of the
                               underlying ad.)
Ad Formats (4): In-slate

                            Viewer has choices
       Display Ads           of 3 video ads
         (in-slate)
                            Shown before
                             YouTube partner
                             videos that are 10
                             minutes or longer

                            Charged per click
                             on the ad (but only
                             if user watches
                             some of the
                             underlying ad.)
3.
     Hyper-target
Pixability Radar

                   • Automatically
                     identifies the
                     most successful
                     YouTube
                     channels for a
                     particular topic.
                    • Competitive
                      analysis
                    • Ad targeting
                   • Suggests related
                     keywords that
                     are being used
                     by the most
                     successful
                     videos.
Pixability Video Radar
“What is going on in my industry on YouTube?”

                                        • Videos and channels
                                          (=competitors) that deal
                                          with a particular topic
                                        • The number of views
                                          these videos attract
                                          (=size of the audience)
                                        • Social media reactions
                                          from viewers
                                        • Details about each
                                          video
YouTube Example: HP
                         Goal: Measure the
                          effectiveness of a video PR
                          campaign to encourage
                          people to buy original HP
                          ink.
                         Pixability Radar analyzed
                          hundreds of thousands of
                          videos for relevant
                          content.
                         Results:
                             HP gets views, but people
                              don’t believe the message
                             Very negative user
                              feedback compared to the
                              rest of the sector
                             Content can’t be found
                              even if people look for
                              information on this topic.
We use ‘big data’ algorithms to do it
                         INPUT
          Data about millions of YouTube videos        Big data analytics software for
Social data                                             YouTube marketing
                                                       Provides multi-dimensional insights:
                                                         Audience analysis:
                                                          “How many people watch videos
                                                          about this topic?”
                                                         Topic identification:
                                                          “Which sub-topics are particularly popular?”
        Video                              Social
                      Video Search       sentiment       Competitive monitoring and
     Performance        Analysis        and sharing
       Analysis                                           benchmarking:
                                          analysis
                                                          “Who has the most successful videos
                                                          in this space?”
                                                         SEO/Automated keyword research &
     Audience, to                       Video SEO         tracking:
        pic and        Ad Hyper-        and social
     competition       Targeting                          “Which keywords should I optimize for?”
                                        outreach
       analytics                                         Hyper-precise ad targeting:
                                                          “Where do I have to put my ads to reach
                                                          the relevant audience?”
        Right           Right            Right
                                                       Patent-pending software
      CONTENT         AUDIENCE          ACTION
4.
Setting up a YouTube Campaign
Create New Video Campaign
Choose Campaign Location
Select Ad Schedule
5.
 Measure What Matters
What to Analyze?
 Raw numbers like views, users, demographics
 Traffic sources
   Embed sites and links
   Search keywords
 User engagement and sharing
 Click tracking


 Process: Establish a rhythm for analysis, e.g.
  monthly deep-dive with a quick weekly update
Look at conversions – not just views

                                                              
                Pixability Campaign Start   +380%                 For-profit beauty school
                                                                  chain with 100+ locations

                                                                 Relies on online promotion
                                                                  to drive enrollment

                                                                 600+ YouTube videos cost
                                                                  $300k + to create and but
                                                                  were ineffective

                                                                 Pixability increased Empire
                                                                  conversions by 380% in just
                                                                  3 months

   June, 2011     July, 2011   August, 2011 September, 2011
YouTube + Pixability = lower-cost
conversions

 Organic Search
                          $36
                          $37              AFTER Pixability
        YouTube
                                $67        BEFORE Pixability

 Lead Gen Sites
                                        $132

Local Directories
                                           $150

   Social Media
                                                                                                  $430

                    $0   $50     $100   $150   $200   $250      $300       $350        $400       $450        $500

                    Cost per online lead


                                                             Source: Empire Education Group traffic data, Pixability analysis
Conversion rates: YouTube is highly effective in
converting new prospects
                     Conversion Rates (Site visit to lead) by Traffic Source
8.0%

       7.1%                                                                          7.2%
7.0%

                    6.1%
6.0%


5.0%                                 4.8%


4.0%                                                 3.8%


3.0%
                                                                      2.2%
2.0%
                                                                                                 1.2%
1.0%
                                                                                                               0.3%
                                                                                                                             0.1%
0.0%
       SEO     Search for brand Direct traffic   Lead gen sites Local directories   YouTube   Social media   Mobile ads   Display ads



              Traffic from users who already                                            Traffic from users who just
              know what they’re looking for.                                              discovered the brand.
Customer Example: Private College
                                                                                                          Private college in
                                                Conversion rate                                            Boston
  Local search                                                                           25.4%            Online conversion rate
                                                                                                           for YouTube ads
Organic search                                                   14.8%                                     equally high as organic
                                                                                                           search, clearly beating
      YouTube                                                 13.8%
                                                                                                           social media.
     Facebook                            6.0%
                                                                                                          7x better performance
  Direct traffic
                                                                                                           than social ads
                                         6.0%

                                                                                                          Pixability deliverables:
       Twitter                    4.1%
                                                                                                             YouTube ad campaign
     Social ads            2.0%                                                                              Audience analysis,
                                                                                                              content strategy
               0.0%               5.0%           10.0%        15.0%         20.0%    25.0%       30.0%
                                                                                                             Video SEO
                                                                                                             YouTube channel
                                                                                                              optimization
                   Conversions: defined as expressed interest in admission details
Video Grader: video performance
 benchmarking
Measures the Effectiveness of Video Marketing based on Best Practices


  Empirical database of
   9000+ companies

  Real-time monitoring
   of competitors’
   activities

  No comparable
   information source in
   the industry

  Free version at
   onlinevideograder.com
YouTube Analytics
                    • Good starting point
                      and free.
                    • Optimized for content
                      producers, not
                      marketers.
                    • Figuring out the most
                      important facts for
                      marketers is tough.
Advanced Analytics
                     • For example in Pixability
                       Caffeine

                     • Easier and time-saving
                       way to get to the right
                       business facts.
                       • Where did my traffic come
                         from?
                       • What do I need to focus
                         on?
                       • How do people react?
                       • What are my competitors
                         doing?

                     • Automated email alerts.
Video Radar: Analyzing Viewer Feedback
                           • Monitoring what
                             people think is as
                             important as watching
                             pure view numbers.
                           • Pandering to the
                             audience with badly
                             executed humor can
                             go very wrong.
Now What? Making Analytics Actionable
Don’t stop at analysis, but define clear actions

 Produce better / more / different content
   Watch carefully what people like
 Invest in advertising and SEO
 Improve social media outreach
 Improve calls-to-action
   Tell people what they should do next
   Make it easy to contact you
   Make sure you track all clicks, e.g. with bit.ly
5.
1/2

  Don’t Do This!
Don’t Market Bad Content




                    Seriously…
Closing Thoughts
Good targeting boosts click-through rates
Click-Through Rates on Video Ads


              0.7%             Video Ad Networks



              3.5%             Video Portals



    +     10-30%               Hyper Targeting

                      Sources: AdWeek, Emarketer, Vindico, QuickPlay Media, Pixability Client Data
We offer ad and content marketing solutions

       Latte                             Cappuccino                          Espresso
  Reach your audience with        Give your video marketing          Kick-start and accelerate your
 hyper-targeted YouTube ads      an extra boost with combined        online video content with our
                                  content marketing and ads                    expert help


 YOUTUBE              Campaign     Media         Optimization
ADVERTISING           Planning     Buying        & Reporting



                                  YOUTUBE              YouTube       Video SEO &       Analytics &
                                  CONTENT               Channel      Social Media     Performance
                                 MARKETING            Optimization    Outreach           Audits




                CAFFEINE SOFTWARE uses big data technology approaches
onlinevideograder.com
Questions?
www.pixability.com

         888-PIX-VIDEO
          888-749-8433

andreas@pixability.com - @agoeldi
 rob@pixability.com - @robciampa

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PixTV 25: YouTube Advertising - 5 and a Half Things Brands, Marketers, and Agencies Need to Know

  • 2. YouTube Advertising - 5½ Things Brands, Marketers, and Agencies Need to Know  The Market/Marketing Funk  Video Content Emancipation?  1. YouTube as a Marketing & Advertising Platform  2. YouTube Ad Formats  3. Hyper-target  4. Setting Up a YouTube Campaign  5. Measure What Matters  5½. Don’t Do This!  Questions
  • 4. Pixability: About Us  Conceived at MIT, based in Cambridge, MA  Drives YouTube results for business  Marketing platform for brand content marketing  Big data keyword/audience analysis for ad buyers  Extensive YouTube experience  9,000+ brand YouTube Channels analyzed  Authors of “Video Marketing for Dummies”  Over 500 customers
  • 5. Pixability We solve YouTube for marketers and agencies Advertising Content Marketing Solutions Solutions Drive targeted traffic quickly Build a long-term audience On
  • 6. Video Marketing for Dummies: The Book  Available as paperback and ebook  408 pages, $16.32 paperback $14.00 Kindle
  • 8. Marketing Effectiveness Challenge How are your campaigns?
  • 10. Content marketing on the rise: Video is #1 Most Preferred Content by US Brand/Agency Marketers (Source: Outbrain, March 2012) 87% Videos 67% Blog Posts 44% 44% Slideshows Articles 22% Other
  • 11. Doing it the Wrong Way Big brands like Liberty Mutual produce expensive videos no one watches Most corporations (and agencies) struggle with the management of their YouTube channel
  • 12. …and fail to effectively target advertising
  • 13. 1. YouTube as a Marketing and Advertising Platform
  • 14. YouTube is the dominant video platform Dominating in monthly video views Attracting younger viewers than TV Yahoo Facebook 33% Vevo YouTube VS. Viacom 67% Microsoft AOL  154M U.S. Amazon VS. Ages 18-49 Ages 50+ viewers Turner  18.2B U.S. video views per month Vimeo Prime 24%  55% of the U.S. online video Time market by video views TV 76%
  • 15. YouTube is a major marketing channel Audiences are shifting from TV to YouTube  #2 search engine, #1 video platform  Now serving 4 billion hours of video per month, up from 3B earlier this year (Wall Street Journal, 7/31/2012)  Over half of senior executives say they watch work-related videos on YouTube at least weekly (Forbes Insights, 2010) Brands are following and being rewarded  Content marketing is on the rise and video content marketing is the most preferred by marketers  99 of 100 top global brands and 36% of U.S. businesses over 100 employees already use YouTube for marketing (eMarketer, 8/2012)  4 in 10 shoppers visited a store online or in-person as a direct result of watching a video online (ReelSEO, 8/2012)
  • 16. Business video on YouTube is skyrocketing The biggest marketers in the world are already using YouTube to reach their customers Monthly videos published on YouTube by global Top 100 Brands (Source: Pixability Video Radar)
  • 17. The Traditional Ad Model • Show a lot of ads • Maximize Reach x Frequency • Customer buys (maybe)
  • 18. Online Video: Paid, owned & earned media work together Promoted Video Ad YouTube Ads YouTube Channel Social Sharing Highly targeted, more A video channel Build a community cost effective than that you own and around your video traditional media control fully content Website Driving conversions through highly qualified website traffic
  • 19. Your YouTube Brand Channel: Like Having Your Own Cable TV Station
  • 20. 2. YouTube Ad Formats
  • 21. YouTube TrueView ad formats Skippable* In-stream Display Ads Keyword Search Display Ads (in-stream) (in-slate) (in-search) (in-display) * Skippable after 5 seconds  Value for money: Charged per engaged video view, not per click or impression  Extremely flexible: Very different cost per view (CPV) ranges available depending on format and targeting
  • 22. Ad Formats (1): In-stream Companion Banner  The ad rolls right before (permanently displayed) the video the user In-stream Video Ad selected. There is also space for a permanently displayed companion banner on the page. Viewers can skip the ad after 5 seconds.  Users can click right through to the advertiser’s website.  Charged only per view of the entire ad or of over 30 seconds of it, not by the length of the ad and not by click.
  • 23. Ad Formats (2): In-search  Ad appears for keywords that users are specifically searching for. Ads are displayed on top or next to search results.  Charged per click on the ad (only if viewer watches some of the underlying ad).
  • 24. Ad Formats (3): In-display  Placed right next to a video in the same spot where related videos are shown.  Charged per click on the ad (but only if user watches some of the underlying ad.)
  • 25. Ad Formats (4): In-slate  Viewer has choices Display Ads of 3 video ads (in-slate)  Shown before YouTube partner videos that are 10 minutes or longer  Charged per click on the ad (but only if user watches some of the underlying ad.)
  • 26. 3. Hyper-target
  • 27. Pixability Radar • Automatically identifies the most successful YouTube channels for a particular topic. • Competitive analysis • Ad targeting • Suggests related keywords that are being used by the most successful videos.
  • 28. Pixability Video Radar “What is going on in my industry on YouTube?” • Videos and channels (=competitors) that deal with a particular topic • The number of views these videos attract (=size of the audience) • Social media reactions from viewers • Details about each video
  • 29. YouTube Example: HP  Goal: Measure the effectiveness of a video PR campaign to encourage people to buy original HP ink.  Pixability Radar analyzed hundreds of thousands of videos for relevant content.  Results:  HP gets views, but people don’t believe the message  Very negative user feedback compared to the rest of the sector  Content can’t be found even if people look for information on this topic.
  • 30. We use ‘big data’ algorithms to do it INPUT Data about millions of YouTube videos  Big data analytics software for Social data YouTube marketing  Provides multi-dimensional insights:  Audience analysis: “How many people watch videos about this topic?”  Topic identification: “Which sub-topics are particularly popular?” Video Social Video Search sentiment  Competitive monitoring and Performance Analysis and sharing Analysis benchmarking: analysis “Who has the most successful videos in this space?”  SEO/Automated keyword research & Audience, to Video SEO tracking: pic and Ad Hyper- and social competition Targeting “Which keywords should I optimize for?” outreach analytics  Hyper-precise ad targeting: “Where do I have to put my ads to reach the relevant audience?” Right Right Right  Patent-pending software CONTENT AUDIENCE ACTION
  • 31. 4. Setting up a YouTube Campaign
  • 32. Create New Video Campaign
  • 35. 5. Measure What Matters
  • 36. What to Analyze?  Raw numbers like views, users, demographics  Traffic sources  Embed sites and links  Search keywords  User engagement and sharing  Click tracking  Process: Establish a rhythm for analysis, e.g. monthly deep-dive with a quick weekly update
  • 37. Look at conversions – not just views  Pixability Campaign Start +380% For-profit beauty school chain with 100+ locations  Relies on online promotion to drive enrollment  600+ YouTube videos cost $300k + to create and but were ineffective  Pixability increased Empire conversions by 380% in just 3 months June, 2011 July, 2011 August, 2011 September, 2011
  • 38. YouTube + Pixability = lower-cost conversions Organic Search $36 $37 AFTER Pixability YouTube $67 BEFORE Pixability Lead Gen Sites $132 Local Directories $150 Social Media $430 $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 Cost per online lead Source: Empire Education Group traffic data, Pixability analysis
  • 39. Conversion rates: YouTube is highly effective in converting new prospects Conversion Rates (Site visit to lead) by Traffic Source 8.0% 7.1% 7.2% 7.0% 6.1% 6.0% 5.0% 4.8% 4.0% 3.8% 3.0% 2.2% 2.0% 1.2% 1.0% 0.3% 0.1% 0.0% SEO Search for brand Direct traffic Lead gen sites Local directories YouTube Social media Mobile ads Display ads Traffic from users who already Traffic from users who just know what they’re looking for. discovered the brand.
  • 40. Customer Example: Private College  Private college in Conversion rate Boston Local search 25.4%  Online conversion rate for YouTube ads Organic search 14.8% equally high as organic search, clearly beating YouTube 13.8% social media. Facebook 6.0%  7x better performance Direct traffic than social ads 6.0%  Pixability deliverables: Twitter 4.1%  YouTube ad campaign Social ads 2.0%  Audience analysis, content strategy 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%  Video SEO  YouTube channel optimization Conversions: defined as expressed interest in admission details
  • 41. Video Grader: video performance benchmarking Measures the Effectiveness of Video Marketing based on Best Practices  Empirical database of 9000+ companies  Real-time monitoring of competitors’ activities  No comparable information source in the industry  Free version at onlinevideograder.com
  • 42. YouTube Analytics • Good starting point and free. • Optimized for content producers, not marketers. • Figuring out the most important facts for marketers is tough.
  • 43. Advanced Analytics • For example in Pixability Caffeine • Easier and time-saving way to get to the right business facts. • Where did my traffic come from? • What do I need to focus on? • How do people react? • What are my competitors doing? • Automated email alerts.
  • 44. Video Radar: Analyzing Viewer Feedback • Monitoring what people think is as important as watching pure view numbers. • Pandering to the audience with badly executed humor can go very wrong.
  • 45. Now What? Making Analytics Actionable Don’t stop at analysis, but define clear actions  Produce better / more / different content  Watch carefully what people like  Invest in advertising and SEO  Improve social media outreach  Improve calls-to-action  Tell people what they should do next  Make it easy to contact you  Make sure you track all clicks, e.g. with bit.ly
  • 46. 5. 1/2 Don’t Do This!
  • 47. Don’t Market Bad Content Seriously…
  • 49. Good targeting boosts click-through rates Click-Through Rates on Video Ads 0.7% Video Ad Networks 3.5% Video Portals + 10-30% Hyper Targeting Sources: AdWeek, Emarketer, Vindico, QuickPlay Media, Pixability Client Data
  • 50. We offer ad and content marketing solutions Latte Cappuccino Espresso Reach your audience with Give your video marketing Kick-start and accelerate your hyper-targeted YouTube ads an extra boost with combined online video content with our content marketing and ads expert help YOUTUBE Campaign Media Optimization ADVERTISING Planning Buying & Reporting YOUTUBE YouTube Video SEO & Analytics & CONTENT Channel Social Media Performance MARKETING Optimization Outreach Audits CAFFEINE SOFTWARE uses big data technology approaches
  • 53. www.pixability.com 888-PIX-VIDEO 888-749-8433 andreas@pixability.com - @agoeldi rob@pixability.com - @robciampa

Notes de l'éditeur

  1. The pyramid can be a good summary of the Pix solution. This is more of a summary for why we are a good bet for an investmentThis should be only in investor pres and followed by the slide of comparable companies
  2. -correct the box -YouTube is a unique ecosystemItallows for marketers to do precise targetingIt allows you to use your paid media spend to very deliberately increase the organic part of a brand’s video strategy.Promoted views fuel your earned media views by making these videos rank higher under ‘recommended videos’Those views drive more viewers to your channel, thereby increasing your views even more
  3. -correct the box -YouTube is a unique ecosystemItallows for marketers to do precise targetingIt allows you to use your paid media spend to very deliberately increase the organic part of a brand’s video strategy.Promoted views fuel your earned media views by making these videos rank higher under ‘recommended videos’Those views drive more viewers to your channel, thereby increasing your views even more
  4. -correct the box -YouTube is a unique ecosystemItallows for marketers to do precise targetingIt allows you to use your paid media spend to very deliberately increase the organic part of a brand’s video strategy.Promoted views fuel your earned media views by making these videos rank higher under ‘recommended videos’Those views drive more viewers to your channel, thereby increasing your views even more
  5. http://www.adweek.com/news/advertising-branding/data-points-video-ads-greatest-hits-139981 Particularly interesting: Videos on video portals (e.g. YouTube) see the highest average click-through rate with almost 3.5% (which is pretty spectacular compared to other forms of online ads). Ad networks on the other hand only get to 0.7%.   Pixability is seeing click-through rates anywhere between 9 and 22%+(!) on YT pre-roll ads for our clients. The most successful type are actually longer ads of 1 minute or more that are - surprise! - highly targeted.