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Friday Session #52


                              Philippe Deltenre
                          Translating complex
     Follow @Cleverwood        media briefings
     Use #FridaySession      into media plans




                                           29/01/2013
Crack the briefing
Cleverwood 25/01/2013
Biases

            Bandwagon effect
The tendency to believe things because many
        other people believe the same
Choice-supportive bias
The tendency to remember one's choices as
       better than they actually were
Confirmation bias
The tendency to search for or interpret
information in a way that confirms one's
            preconceptions
Recency bias
The tendency to weigh recent events more than
                 earlier events
Bias blind spot
The tendency to see oneself as less biased than
  other people, or to be able to identify more
    cognitive biases in others than in oneself
GET STARTED
3 phases
• Phase 1: Read the briefing
  – Read the briefing one more time (together?)
  – Highlight business objectives and goals
3 phases
• Phase 2: Feed the briefing
  – The target: Sociologic insights
  – Numbers & data
3 phases
• Phase 3: strategic planning
  – (re)Write the briefing and start to plan based on
    business objectives and goals
  – Research when required
INTO DETAILS: FEED THE BRIEFING
WITH INSIGHTS
Key succes factor: Understand the
                      target
MALE / NL / SG 1 – 3 / AGE GROUP 60+/BRUSSELS + BRABANT
Key succes factor: Understand the
                         target
360 degree look at consumer habits, media
consumption and characteristics.

The Archetypes get to the heart of who these
real people are and what makes them tick.

A repository of everything we know about the
target from WAVE™, C.A.T™, CIM PMP,
Comscore,…
Briefing
Rebuild a target
•   Moodboard
•   Socio-demo
•   Other variables (attitudes and preferences)
•   CIM PMP
•   Determine touchpoints selectivity
Rebuild a target (archetype)




Selectivity of attitudes
Rebuild a target (archetype)




Selectivity
of touchpoints
Rebuild a target (archetype)
• Size the target(s)
Count on Facebook
PMP
Big spenders profile ( > 75 Eur in average) :
Big spenders profile ( > 75 Eur in average) :
Big spenders profile ( > 75 Eur in average) :
2
Briefing to mediaplan
• Briefing
  – Problems
  – Hypothesis


• Rooted in data
Briefing
• The problems we are trying to solve
   – Market:
       •   Ex: lower product renewal pace (cars)
       •   Ex: market declining
       •   Ex: overall lack of confidence
       •   Ex: competition moves
       •   Ex: conservative customers (banking)
   – Brand
       • Ex: unknown brand (product launch)
       • Ex: price perception
       • Ex: low brand consideration
   – Communication
       • Ex: limited resources
       • Ex: lack of consistency (erratic communication)
       • Ex: lack of innovation fails to demonstrate brand innovation positioning
Briefing
Brand X communication modus is quite
traditional: relying heavily on paid media power
to impose product awareness. The brand is
lagging behind competitors in the use of modern
communication techniques (which is not in line
with the brand values). It's communication is not
particularly engaging and the relevancy for
younger audiences is questionable: Does the
brand's communication help justifying it's
premium position to them and their current
lifestyle ?
Briefing
• Our X hypothesis for this customer are:
  – Ex: The change in consumer dynamics means
    there is time to engage with a smarter
    community, who have a different mindset
  – Ex: Connected TV will impact TV buying
    models…
Pre-plan
• The opportunities are (1 or 2)
• Because…
  – Sociology
  – Market insights
  – touchpoints
• The storyline ends with the recap of the
  (challenged) objectives. All objectives must be
  translated in Business KPIs
Facebook KPIs?
• Nb of fans, Engagement (likes, comments,…),
  Engagement score (Fans/engagement), TAT,
  Fan activity are not Business KPIs
• Avoid KPIs that are achievable through black
  hat strategies
• Basically: Reach/volume x conversion (volume
  & cost)
KPIs for media selection


   Loyalty                Volume
   • Frequency            • New accounts
   • ARPU                 • Exposition to
                            right message




         CPL
         • Cost to recruit a new
           customer
KPIs for media selection


      Loyalty =           Volume =
    average expense *   Impressions * CTR
        frequency            * CVR




               CPL = CPC * CVR
Tactics for impact
Case
Conclusion part 1
1. Define TARGET/Collect data (iterative)
2. Business objectives and KPIs
3. Generate Model(s)
4. Translate to media plan
Plan
• Never online in stand-alone!
• Objectives translated in KPIs
KPIs of the plan
•   Reach 1+, reach 3+
•   Affinity
•   OTS
•   OTS/user
•   GRP
•   GRP cost
Reporting KPIs
•   CTR
•   Spendings
•   Leads vs spendings
•   CPL
•   CVR
•   Cost per conversion
•   seasonality             Evolution
KPI: social amplification


                 PAID
         18,6%           4,0%




                 12,4%


       EARNED             OWNED


                 36,8%
Panel KPIs

    E spy



1    Je ne la connais pas                                                      Unawares
2    Je la connais et je suis/ j’ai été client mais je ne l’envisagerai plus
     à l’avenir en cas de besoin de crédit (hors prêt hypothécaire)            Lost clients
3    Je la connais, je suis/j’ai été client et j‘y ferai encore appel en cas
     de besoin de crédit (hors prêt hypothécaire)                              Satisfied clients
4    Je la connais, sans jamais avoir été client, et je pourrais envisager
     à l’avenir d’y faire appel en cas de besoin de crédit (hors prêt
                                                                               Considerers
     hypothécaire)
5    Je la connais sans jamais avoir été client, et je n’y ferai jamais
     appel en cas de besoin de crédit (hors prêt hypothécaire)                 Indifferents
Burnout KPI!
                                                                                 + 331%
                                                                                 + 52%
                                                                                 + 59%
                                                                                 + 79%




+   28%   +   73%   +   36%   +   2%   -   18%   -   53%   +   115%   +   176%
Intuition becomes increasingly
valuable in the new information
society precisely because there is
so much data
                         John Naisbitt
pdeltenre@gmail.com
See you next Friday Session!
• Do you want to be the next speaker for a FAS?
  Tell us @cleverwood or at info@cleverwood.be

• Did you enjoy it? Come for next FAS!
  – FAS #53: February, 22: Foodblogging
• Do you want to know more?
  Visit www.cleverwood.be and the Learning Hub

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Friday Session #52: Translating complex media briefings into media plans

  • 1. Friday Session #52 Philippe Deltenre Translating complex Follow @Cleverwood media briefings Use #FridaySession into media plans 29/01/2013
  • 3.
  • 4. Biases Bandwagon effect The tendency to believe things because many other people believe the same
  • 5. Choice-supportive bias The tendency to remember one's choices as better than they actually were
  • 6. Confirmation bias The tendency to search for or interpret information in a way that confirms one's preconceptions
  • 7. Recency bias The tendency to weigh recent events more than earlier events
  • 8. Bias blind spot The tendency to see oneself as less biased than other people, or to be able to identify more cognitive biases in others than in oneself
  • 10. 3 phases • Phase 1: Read the briefing – Read the briefing one more time (together?) – Highlight business objectives and goals
  • 11. 3 phases • Phase 2: Feed the briefing – The target: Sociologic insights – Numbers & data
  • 12. 3 phases • Phase 3: strategic planning – (re)Write the briefing and start to plan based on business objectives and goals – Research when required
  • 13. INTO DETAILS: FEED THE BRIEFING WITH INSIGHTS
  • 14. Key succes factor: Understand the target MALE / NL / SG 1 – 3 / AGE GROUP 60+/BRUSSELS + BRABANT
  • 15. Key succes factor: Understand the target 360 degree look at consumer habits, media consumption and characteristics. The Archetypes get to the heart of who these real people are and what makes them tick. A repository of everything we know about the target from WAVE™, C.A.T™, CIM PMP, Comscore,…
  • 17. Rebuild a target • Moodboard • Socio-demo • Other variables (attitudes and preferences) • CIM PMP • Determine touchpoints selectivity
  • 18. Rebuild a target (archetype) Selectivity of attitudes
  • 19. Rebuild a target (archetype) Selectivity of touchpoints
  • 20. Rebuild a target (archetype) • Size the target(s)
  • 22.
  • 23. PMP Big spenders profile ( > 75 Eur in average) :
  • 24. Big spenders profile ( > 75 Eur in average) :
  • 25. Big spenders profile ( > 75 Eur in average) :
  • 26. 2
  • 27. Briefing to mediaplan • Briefing – Problems – Hypothesis • Rooted in data
  • 28. Briefing • The problems we are trying to solve – Market: • Ex: lower product renewal pace (cars) • Ex: market declining • Ex: overall lack of confidence • Ex: competition moves • Ex: conservative customers (banking) – Brand • Ex: unknown brand (product launch) • Ex: price perception • Ex: low brand consideration – Communication • Ex: limited resources • Ex: lack of consistency (erratic communication) • Ex: lack of innovation fails to demonstrate brand innovation positioning
  • 29. Briefing Brand X communication modus is quite traditional: relying heavily on paid media power to impose product awareness. The brand is lagging behind competitors in the use of modern communication techniques (which is not in line with the brand values). It's communication is not particularly engaging and the relevancy for younger audiences is questionable: Does the brand's communication help justifying it's premium position to them and their current lifestyle ?
  • 30. Briefing • Our X hypothesis for this customer are: – Ex: The change in consumer dynamics means there is time to engage with a smarter community, who have a different mindset – Ex: Connected TV will impact TV buying models…
  • 31. Pre-plan • The opportunities are (1 or 2) • Because… – Sociology – Market insights – touchpoints
  • 32. • The storyline ends with the recap of the (challenged) objectives. All objectives must be translated in Business KPIs
  • 33. Facebook KPIs? • Nb of fans, Engagement (likes, comments,…), Engagement score (Fans/engagement), TAT, Fan activity are not Business KPIs • Avoid KPIs that are achievable through black hat strategies • Basically: Reach/volume x conversion (volume & cost)
  • 34. KPIs for media selection Loyalty Volume • Frequency • New accounts • ARPU • Exposition to right message CPL • Cost to recruit a new customer
  • 35. KPIs for media selection Loyalty = Volume = average expense * Impressions * CTR frequency * CVR CPL = CPC * CVR
  • 37. Case
  • 38. Conclusion part 1 1. Define TARGET/Collect data (iterative) 2. Business objectives and KPIs 3. Generate Model(s) 4. Translate to media plan
  • 39. Plan • Never online in stand-alone! • Objectives translated in KPIs
  • 40. KPIs of the plan • Reach 1+, reach 3+ • Affinity • OTS • OTS/user • GRP • GRP cost
  • 41. Reporting KPIs • CTR • Spendings • Leads vs spendings • CPL • CVR • Cost per conversion • seasonality Evolution
  • 42. KPI: social amplification PAID 18,6% 4,0% 12,4% EARNED OWNED 36,8%
  • 43. Panel KPIs E spy 1 Je ne la connais pas Unawares 2 Je la connais et je suis/ j’ai été client mais je ne l’envisagerai plus à l’avenir en cas de besoin de crédit (hors prêt hypothécaire) Lost clients 3 Je la connais, je suis/j’ai été client et j‘y ferai encore appel en cas de besoin de crédit (hors prêt hypothécaire) Satisfied clients 4 Je la connais, sans jamais avoir été client, et je pourrais envisager à l’avenir d’y faire appel en cas de besoin de crédit (hors prêt Considerers hypothécaire) 5 Je la connais sans jamais avoir été client, et je n’y ferai jamais appel en cas de besoin de crédit (hors prêt hypothécaire) Indifferents
  • 44. Burnout KPI! + 331% + 52% + 59% + 79% + 28% + 73% + 36% + 2% - 18% - 53% + 115% + 176%
  • 45. Intuition becomes increasingly valuable in the new information society precisely because there is so much data John Naisbitt
  • 47. See you next Friday Session! • Do you want to be the next speaker for a FAS? Tell us @cleverwood or at info@cleverwood.be • Did you enjoy it? Come for next FAS! – FAS #53: February, 22: Foodblogging • Do you want to know more? Visit www.cleverwood.be and the Learning Hub