If you haven’t yet read about the new Comscore study, “When Money Moves to Digital, Where Should It Go?,” we’ve got you covered. Just read on for the highlights you’ll want to have handy for those water cooler chats you know are in your future.
Researchers analyzed the effectiveness of 103 online display advertising campaigns from 39 advertisers covering seven industries. They looked at six media placement strategies including Audience targeting, Contextual targeting, Efficiency pricing, Premium pricing, Retargeting, and Run-Of-Network ads.
The upshot? Remarketing far surpassed every other strategy for delivering impacts. It provided a moderate level of reach, indicating that this is a must-do for every marketer. Below is a plot of the effectiveness of each strategy by lift in search and site visitation overlaid with the relative reach of the strategy, as evidenced by the size of each bubble.
Overall the study reinforces the value of Remarketing by highlighing that it’s not the click that’s the driving force –it’s the view.
Here are some highlights:
–Searching using trademark terms demonstrates a clear interest in a brand and a desire to learn more about it. Retargeting generated the highest lift in trademark search behavior at 1,046%.
–Remarketing performs significantly better than the other placements. This is likely due to the fact that consumers being retargeted have already expressed an interest in the brand and are prequalified.
–In building the model of branding effectiveness, one strategy clearly outperformed the rest: retargeting. This strategy works well in every scenario and should be considered for both direct response and longer term branding objectives.
–RON in combination with ‘retargeting’ would drive both short- and long-term effects at scale.
comScore vice president of Advertising Effectiveness Anne Hunter noted that one of the key findings is just how effective Retargeting is at generating lift. “However, if marketers want to continue to enjoy the benefits of this highly effective strategy, they must also deploy it responsibly and in a manner with which consumers are comfortable.” In fact that is just the stance we take (see “Remarketing’s Sensitive Side.”)
For even more of the nitty-gritty details on the study, check out MediaPost, Adotas or many of the other search- and marketing-themed sites.
–The Advertise.com team