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National Retail Federation
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NRF NXT 2019 July 23, 2019 Vic Drabicky, Founder and CEO, January Digital
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Is your media more effective than the cost increase?
1.
Vic Drabicky, Founder
and CEO January Digital July 23, 2019 SESSION: Is your media more effective than the cost increase?
2.
2
3.
3 Facebook CPM is
+47% and Google CPC is +14% YoY. FB Source: Kenshoo trends Report, 07/19 Google Source: Sidecar 2019 Benchmark Report, 2019
4.
4 Source: eMarketer Feb
2019
5.
5 Shit. Damn. Sigh. Let’s do this.
6.
6 Four ways you
can counteract the cost increases.
7.
7 1. It all
begins with planning.
8.
8 Plan for cost
increases.
9.
9 If your spend
is +30% and your ROI is +20%, you likely have an issue.
10.
10 Remember! Each dollar you
spend is fractionally less effective.
11.
11 2. Accept that
data is an asset.
12.
12 What’s the value
of one customer’s data?
13.
13 Focus on the
three Cs: Collection, Combination, Conversation
14.
14 3. Diversification is
a requirement.
15.
15 Build a foundation,
not a pillar.
16.
16 Revenue stack typically
resembles: Email, Paid Search, Affiliate, Natural Search, Paid Social, Display, Other
17.
17 4. Adopt the
10% mentality.
18.
18 Pinterest, Snap, Smart
Shopping, Placement Optimizer, Lead Gen, DPAs, TikTok…
19.
19 Four keys to
combating high costs: 1. Planning 2. Data is an asset 3. Diversify 4. 10% mentality
20.
20 *BONUS* Aim for an
85% success rate.
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