From the SocialPro Conference in Las Vegas, Nevada, November 18-19, 2015. SESSION: Your Social Store: Boosting Retail & Ecommerce Through Pinterest, Facebook & Twitter. PRESENTATION: The Programatic Marketers Guide to Social Commerce - Given by Brad O'Brien, @tweetsofbrad - 3Q Digital, Director of Social. #SocialPro #22B
2. #SocialPro #22B @tweetsofbrad
Advertisers doubled
social spend from
2013 to 2015
Facebook leads at
65% of social spend
SOCIAL CAN DRIVE SERIOUS RESULTS
Source: eMarketer
3. #SocialPro #22B @tweetsofbrad
A common opinion less than 2 years ago!
Social marketers constantly were on the
defense for showing ROI
BUT IT WASN’T ALWAYS THIS WAY
4. #SocialPro #22B @tweetsofbrad
Actually, I’m a data-
loving SEO by trade
I witnessed Social
marketers reporting on
the wrong metrics
I saw Social Commerce
explode first-hand
“YOU’RE A ‘SOCIAL GUY’, OF COURSE YOU THINK
SOCIAL MEDIA IS A RESULTS DRIVER.”
5. #SocialPro #22B @tweetsofbrad
Facebook realized it
is a data company
Their biggest asset
Unmatched targeting
Consumer adoption
The ‘chasm’ was
crossed in late 2013
and early 2014
SO, WHAT CHANGED?
6. #SocialPro #22B @tweetsofbrad
Saw brands go from
zero social commerce
to seven figure spend
per quarter (profitably!)
Must’ve been huge
brands with innovative
products right?
No!
WHAT KIND OF SOCIAL COMMERCE SUCCESS?
7. #SocialPro #22B @tweetsofbrad
Follow the ROI
Go where your
customers are
Put a lot into a little,
rather than a little
into a lot
SOCIAL COMMERCE AT SCALE DOES NOT
REQUIRE EQUAL EFFORT ON ALL PLATFORMS
8. #SocialPro #22B @tweetsofbrad
Facebook always.
Instagram has same
targeting as Facebook
Use what has worked
on Facebook on Twitter
Leverage non-brand
keywords for Pinterest
WHAT SOCIAL PLATFORMS SHOULD I INVEST IN TO
DRIVE SOCIAL COMMERCE?
9. #SocialPro #22B @tweetsofbrad
Dynamic Product Ads
Carousel Ads
First Party Data
Custom Audiences
Lookalike Audiences
WHAT WILL GIVE ME THE BEST RETURN FOR MY
FACEBOOK BUDGET AND LIMITED RESOURCES?
10. #SocialPro #22B @tweetsofbrad
Just like any other
performance-based
digital channel!
Use click-through data;
not view-through
Don’t have to question
correlation vs. causation
HOW SHOULD I MEASURE THIS CHANNEL?
11. #SocialPro #22B @tweetsofbrad
Unfortunately, no
People-based
marketing vs.
intent-driven
Ebbs & flows are
normal/expected
AWESOME! SO MY SOCIAL COMMERCE WILL BE A
CONSISTENT, PREDICTABLE CHANNEL?
12. #SocialPro #22B @tweetsofbrad
1. Consolidate to Black Friday Weekend and Cyber Week on Social
2. Consider your Q4 conversion rate with CPMs. Great time for LPO
3. Advertisers will be dumping budgets EOY
4. Monday 12/7 & 12/14 will be huge for ecom
5. Lean on value props of shopping online
6. Stress urgency while reaffirming delivery
7. Pull out all the stops! State your guarantees
8. Take advantage of low CPMs in early Q1
9. Use what works at holiday & apply to evergreen
10. First party data, segmented, drives scale at any time of year
TOP 10 TIPS TO ROCK Q4 2015 & 1H 2016
Images are just to show that I practice what I preach even with my own “brand”. For me, having very limited time, I find that LinkedIn far and away gets me my best return on my time investment. Therefore, I’m most active there.
At first this image made me laugh, because of course you should use KPIs. But then I realized there’s a subtle genius to this image for Social Commerce. Don’t reinvent the wheel just for Social. Use the same KPIs you would use in your other digital channels, and hold it to performance KPIs. C Levels are unlikely to care much about impressions and engagement, but ROAS, CPA, CTR, etc. are common metrics all marketers can get behind.
Want to leave the audience with actionable insights