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#LIFTSocial Opportunity Cost of Social Joseph Heinl | Blood Systems, Inc.

LIFT 2016: The Opportunity Cost of Social by Joseph Heinl

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#LIFTSocial

Opportunity Cost of Social

Joseph Heinl | Blood Systems, Inc.

@vonheinl | #LIFTSocial

Digital Marketing Manager Blood Systems, Inc.

Joseph Heinl

@vonheinl | #LIFTSocial

About Me

• 10+ years in digital marketing • Direct C-Suite interaction with

b2b & b2c orgs • Owned & Paid Media • Time for change • Non-Profit biz : For-Profit

approach

@vonheinl | #LIFTSocial

Blood Systems, Inc.

• One of nations oldest & largest blood suppliers.

• Serve over 600 hospitals in over 20 states

• Blood Division (donors) includes 9 brands

• 4 objectives

@VonHeinl | #LIFTSocial

3 Big Initiatives in Social – Opportunity

• Identifying where (if) our donors spent time on social

• Donor Acquisitions/Reengagement

• Product need: Audience speaks in social

@VonHeinl | #LIFTSocial

< 6% donors

~35% population

eligible

Facts about the blood donor audience:

@Vonheinl | #LIFTSocial

U.S. Population = 324m 35% eligible = 113m

6% donors = 12mPotential + Eligible Audience: 101,000,000

@Vonheinl | #LIFTSocial

Opportunity One: Find customers in social

@vonheinl | #LIFTSocial

Custom Audiences in Social Ad Platforms

@VonHeinl | #LIFTSocial

• Emails

• Phone #s

• App ID (app id)

• Username

Sources to use

@VonHeinl | #LIFTSocial

Match Rate %

Your Database

Platform Database

>70%

Audience size samples constant across

@Vonheinl | #LIFTSocial

Facebook was our largest match

@Vonheinl | #LIFTSocial

What did we learn? ~73% of our customer base was active on the

platform

@VonHeinl | #LIFTSocial

Custom Audiences

• Validate market

• Benchmark each platform

• Spent ZERO $$$

• Set up next initiative

• Email lists

• Phone #’s

• App ID (app id)

• Username

@vonheinl | #LIFTSocial

Social media was an opportunity to do more

@Vonheinl | #LIFTSocial

Opportunity Two: Re-Engage Lapsed Donors + New Donors

@VonHeinl | #LIFTSocial

New Donors

LapsedDonors

Social Paid Media: Acquisition Opportunity

@VonHeinl | #LIFTSocial

Using Social Paid Media: Optimization

• Small paid media campaigns to test

• Content specific messaging

• Added lookalike to find new customers and grow list

• Installed conversion pixel on site to measure

@Vonheinl | #LIFTSocial

What did we accomplish? We obtained conversions at 20% less than the

current average

@Vonheinl | #LIFTSocial

Opportunity Three: Validate Product Need

@VonHeinl | #LIFTSocial

Demand

Decision

Social Media: Voice of Customer

@VonHeinl | #LIFTSocial

Social Media: Customer Voice

• To build or not to build?

• Did customers want the product?

• Where to get feedback from potential users?

@VonHeinl | #LIFTSocial

Social Media: Real Time Focus Group

@Vonheinl | #LIFTSocial

Did customers want the product? 1 out of 3 messages sent asked about product –

on Social Media

@vonheinl | #LIFTSocial

Validation

@VonHeinl | #LIFTSocial

Social Media: Real Time Opportunities

How you identify will determine the outcome

QUESTIONS

#LIFTSocial

Thank You

#LIFTSocial