Stop throwing good money at bad impressions and maximize the value of your investment in digital media.
In 2009, comScore and Starcom produced a joint study of clickers that concluded 8 percent of the Internet audience is responsible for 85 percent of the clicks.
This report elicits an examination of your frequent clickers and whether they are the audience your brand is looking to reach. This is fundamentally important to consider before selecting click-through rate (CTR) as a campaign metric.
My own research suggests something similar to comScore/Starcom. The analysis is constrained to an audience of just clicks and not Internet users. However, the results show a similar skew to the comScore/Starcom results.
In a sample of 200,000 random clickers taken in March 2012, I found that 40 percent of the clicks were produced by 20 percent of the clickers.
This data suggests there is substantial bias to a macro segment that can be described as frequent display ad clickers.
If there were no bias, the graph above would show a straight line, which would mean that the clicks are evenly distributed and therefore would not skew to any particular descriptive characteristics, but as you can see this is not the case.
What are the audience characteristics of the frequent vs. infrequent clickers?
I ran an analysis to describe the differences between the frequent vs. infrequent clickers. Here's what I found.
Hour of day (EST):
Clickers have a macro profile. My interpretation of the charts above leads me to believe that frequent clickers in this sample have a tendency to be interested in:
This analysis will differ on a client by client basis and I do not claim that the above profile represents all frequent clickers. It just represents the frequent clickers in this sample. The point is that any client should know how their clicks skew in order to make an intuitive judgment as to whether this is the audience of their brand. If it is, then CTR is a fine metric. If it isn't, then one of two things needs to happen:
If the advertiser heads down either of these paths, then they need to realize two important points.
How to Correct Your Digital Media Campaign
Clicks aren't enough. If you think your digital campaign has this problem, then you should consider consolidating your targeted media buying into a platform that can help focus inventory toward the right clickers. It's as important to not optimize to a bias as it is to target the right audience.
Platforms that can help you will have some type of page level targeting and audience extension model as part of their offering.
If the audience and page planning constraints are established prior to the campaign, then the digital campaign does not waste money by chasing audience skews that the advertiser does not wish to target. Your campaigns will stop throwing good money at bad impressions and therefore maximize the value of your investment in digital media.
On the heels of a fantastic event in New York City, ClickZ Live is taking the fun and learning to Toronto, June 23-25. With over 15 years' experience delivering industry-leading events, ClickZ Live offers an action-packed, educationally-focused agenda covering all aspects of digital marketing. Register today!
As the chief operating officer and co-founder of Digilant, Nate oversees the company's day-to-day operations.
Previously Nathan served as senior vice president of Havas Digital's corporate development team. During his tenure he won two Innovation Awards, Advertising Age's Up and Coming Marketer of the Year, Media Week's BestMedia Campaign, and a MIMC award for Best Advertising Campaign ROI Measurement.
Nathan began his career at HookMedia. He received his MBA from Babson Olin School of Management and his BA from Boston College.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
12:00pm ET/9:00am PT