Engaging consumers on social media platforms is extremely advantageous for firms. Yet, sustaining engagement is not always easy. Usership often drops off. The field experiment described in this Marketing Science Institute (MSI) working paper shows helpful ways to sustain social media engagement and offers insights into the positive effects of offering certain members power in their online community (OC).
Brands increasingly use social media influencers as part of their marketing strategy, yet methods for measuring their effectiveness and for choosing optimal partners are unreliable. New research analyzing the key performance indicators (followers and engagement) of 180 influencers, across five social media platforms, identifies patterns that marketers can use toward establishing partnerships with the right influencers.
Member Only AccessWill increased viewing of ad-free content impact marketers’ ability to reach consumers?
Aarti Bhaskaran – Global Head of Ad Research & Insights, Snap Inc.
Kara Louis – Group Research Manager, Snap Inc.
Brands looking to connect with Gen Z should:
Max Kalehoff – VP Marketing Growth, Realeyes
Johanna Welch – Global Mars Horizon Comms Lab Senior Manager, Mars
Key Takeaways
Brian Pugh – Chief Information Officer, Comscore
Tania Yuki – CMO & EVP, Digital, Comscore
In this session, Tania Yuki and Brian Pugh of Comscore explored the impact of frequency and latency in cross-platform advertising effectiveness. In her opening, Tania demonstrated consumer trends and touchpoints to better understand cross-media, in terms of reach and optimizing platforms for specific outcomes. In her discussion, Tania acknowledged the challenges of measurement due to the constant introduction of new innovations and the adoption of new behaviors to track. She also recognized the considerable increase in connected devices per household since the pandemic. Tania pointed out complexities in the current media ecosystem from the increase in which media has merged despite being separate platforms (e.g., linear TV, social media, online video, etc.). In addition to all the changing behavior in media consumption, the speaker noted the emergence of Generation Z is beginning to change the rules for establishing brand love and loyalty. In his discussion, Brian examined findings from the measurement of 400 cross-platform campaigns to understand trends in terms of platform mixes. Brian noted the continued growth of social media and CTV along with the decline in linear TV, though he acknowledged linear still remained "king." Furthermore, he found that multi-screen campaigns performed better than single-platform campaigns.
Key Takeaways
Yannis Pavlidis – VP, Data Science and Analytics, DISQO
In this session, Yannis Pavlidis of consumer insights and CX firm DISQO tackled the challenges of benchmarking, cross-media outcomes and brand lift due to incomplete data from siloed platforms and media channels. In the opening, Yannis provided a refresher on the importance of benchmarks and obstacles from existing approaches to benchmarking (e.g., inconsistent methodologies, outdated data and collection techniques). The discussion examined solutions to address issues in data collection concerning benchmarking ad impact, which streamlines the process using consented, single-source data. The presentation also examined calculating benchmarks based on data taken from one source group (rather than two unaffiliated groups), considered the recency of the campaign used and subsequent behavior(s) which then can be correlated with survey responses. The advantage of using consented single-source data is that it can lead to more insightful, relevant and consistent outcomes in benchmarks.
Key Takeaways
Bill Harvey – Executive Chairman, Bill Harvey Consulting, Inc.
Sophie MacIntyre – Ads Research Lead, Meta
Key Takeaways
Tina Daniels – Managing Director, Agency & Brand Measurement Analytics, Google
Nicole Gileadi – Global Product Lead, Google
In this session, Tina Daniels and Nicole Gileadi examined Google's principles for charting the course for third-party cross-media audience measurement. Tina acknowledged more third-party measurement companies were expressing interest in working more closely with Google, given their stature as the world's largest video provider. In her discussion, she acknowledged that this interest generated the need for Google to create a set of principles to offer to both measurement companies and key clients to guide the process. After reviewing these principles Tina and Nicole held an open discussion regarding these principles. Topics of the discussion included premium and high-quality content, long-form versus short-form video and the measurement of this content. In addition, Nicole touched on the importance of content and the context surrounding an ad. Other areas included the idea of exposure metrics (e.g., Where is my audience? Did I reach them?) in addition to providing signals to conduct an impact analysis.
The following are the five principles Google shared with the industry, to act as guidance for third-party measurement companies interested in working with Google:
Key Takeaways
Tom Weiss – Chief Data Scientist, MarketCast
Megan Daniels – SVP of Product, MarketCast
Tom Weiss and Megan Daniels of MarketCast introduced a new metric in their break-out session: brand effect resonance. This product evolved from one called Brand Effect which uses a combination of survey (15,000 consumers per day) and behavioral data across linear, social, digital (popular websites) and streaming. First developed by IAG, then owned by Nielsen and then Phoenix, Brand Effect stands as the main engine of the brand-effect resonance rating system, which was created to overcome gaps in reach measurement. They believe it can now isolate and show exactly how content and platform quality impacts advertising performance. Resonance here is defined as how well people remember the ad, how well they understood the creative and the message and how well they can link it back to the brand. Ad resonance measurement is said to be able to isolate the impact of content and platform on ad recall.Key Takeaways