Are you at the point where your on-site behavioral targeting program is pushing its boundaries for improvement? Conversion rates have been optimized and are starting to show less overall improvement – even as user traffic continues to grow?
Where do you look for the next step to improve site performance? Micro-segmentation? More A/B testing?
What about looking at an existing partner – one that has already invested in similar user-based targeting programs? Who is this unlikely partner? Your ad network. Yes, the one you spend dollar after dollar with, relying on their network of websites and affiliates to drive additional leads and visitors to your site.
In many cases, they have already done the heavy lifting of identifying your visitor and tracking their behavior – and have even delivered an ad or two based on pre-determined criteria. In developing your relationship with an ad network, you have already specified your target profiles – why not take better advantage of the data?
Once this visitor passes through their network and into your site – what happens? Where is all the data that they collected along the way? How well prepared are you to deliver a truly relevant experience to them? And how can you make the experience even more relevant by linking your onsite behavioral program with rich external data?
How much do you know about this visitor – the one affiliated with an ad network? For most businesses, their knowledge is limited to knowing what ad the visitor clicked on or what display ad the consumer was exposed to.
Is this helpful? Yes, of course. It allows you to deliver a corresponding landing page, offer, or some combination of both based on their last action. But what if you were to tap into their entire behavioral profile – and extend that to your site?
As ad network consolidation continues and major content providers look to sell and manage ad space directly to buyers, ad networks are seeking new audiences and opportunities to commoditize their data. Buying and integrating ad data from your ad network or third-party data provider may be the next step in the evolution of this complex relationship. In many ways, the ad networks have a unique opportunity to deliver not just targeted ads, but the profile and/or history of a specific consumer.
While this may seem like a compelling opportunity to enhance your optimization program – a few potential roadblocks to this panacea of targeting may exist:
- Data integrity: How well can you trust the data coming from anyone outside of your organization? Are you comfortable accepting external data at face value – and using it to render unique content and offers? What is the risk of getting this wrong?
- Pre-existing behavioral groups: To take advantage of this new data set, your business must not only have confidence in the data coming in, but the framework to support it. This means you need to have your segments well defined, and your business rules ready to go, when the visitor arrives.
For businesses that can handle this mass amount of data, consider engaging with your ad networks to see how you can take advantage of their insights and information.
If your organization isn’t quite ready to take this step, take advantage of all the requirements you originally gave your ad network when establishing your original arrangement. Make sure that you’re leveraging the same segmentation criteria as they are – and start testing. Even if you can’t make the leap to taking their data, you can certainly test your original targeting criteria and optimize your spend.
In an often fragmented workplace, where various departments have varying opinions and goals, it can be challenging to get everyone on the same page and make strategy meetings productive.
In part one a few weeks ago, we discussed what brand TLDs (top level domains) are, which brands are applying for them and why they might be important. Today, we’ll take an in-depth look at the potential benefits for brands, and explore the challenges brand TLDs could help solve.
According to a report, references to hashtags appeared in just 30% of Super Bowl 51's commercials this year, down from 45% a year ago.
The explosive growth of video in 2016 makes 2017 an important year for video content and as more publishers are tempted to use it, it’s useful to consider the best strategies to maximise its effectiveness.