This week the Converseon team is sponsoring, speaking and attending the iMedia Brand Summit in San Diego – certainly one of the online marketing industry’s premier events.
The event has a strong mix of senior brand marketers, leading thinkers and the online media companies leading innovation in the industry. Our Converseon CEO Rob Key is presenting ‘social media from the inside out’ at 10.40am tomorrow join an extremely strong cast of speakers.
Today’s content was headlined by Northwestern University researcher and integrated marketing thought leader Don Shultz, who predictably stole the show. You can tell the quality of a speaker’s presentation by the volume of Twittering during the session, and Don was so on point I nearly wore out my iPhone keypad while racing to keep up with him.
Don had a strong message that marketers need to drive “effectiveness not efficiency” by focusing on influencing the audience based on their media consumption, rather than planning based on media distribution. Don’s own words did best, so here is a series of our tweets from his session:
Another standout session saw comScore chairman and founder Gian Fulgoni and Starcom’s Kim McCarthy run through some in-depth research in ‘The click remains irrelevant: ‘Natural Born Clickers’ Return’. Drawing from data from over 200 different comScore studies they made a compelling case for why marketers need to look beyond just a simple ‘click’ on online ads as a measure of success.
Fulgoni pointed out that 84% of internet users never click on an online ad, and 85% of the clicks on advertisements came from only 8% of internet users. He also called out the disconnect that while 98.9% of ads in any campaign are never clicked on, Forrester have shown that 35% of marketers still measure that way.
Now while the low click through numbers might drive some marketers to despair, the wider comScore data paints a better picture of the real value of online advertising. For example, comScore’s data shows that the top 82% of online campaigns generate an average 22% lift in sales and more widely that online display ads have been proven to be as effective as TV for boosting retail sales in CPG brands, leading to opportunities for a wealth of brands who found TV advertising costs prohibitive but can now drive similar results.
Stay tuned to our Converseon twitter account for more coverage of this event tomorrow, and we’ll be sure to share more insights from the conference and detail on Rob’s presence right here on the blog.