Programmatic Advertising is Driving Results.

After Q1, clients historically shift focus based on marketing, advertising and communications results so far in the year. The Front Porch team than also ebbs and flows to make sure our efforts are successfully driving topline revenue for our clients.

One of the tactics working for our clients right now? Programmatic advertising. As we start Q2 and continue into 2023, this advertising approach is driving results.

What is Programmatic Advertising?

It is a bit different than digital advertising. Programmatic advertising utilizes automation and algorithms to achieve success. Too far in the weeds: but it is about the process of ads purchased and sold. But it is different than traditional media-buying techniques. Programmatic advertising meets the potential customer when and where they are. This approach optimizes the efforts of the advertising, hyper targeting the most interested, most matched customers with the brand.

What is the Difference Between Display Advertising and Programmatic Advertising?

Clients often ask us what the difference is between display advertising and programmatic advertising, since in many cases they can look the same. The answer is that programmatic levels up:

• Display advertising refers to how ads are bought
• Programmatic advertising goes beyond simply placing a digital display ad on a website, and is more about how ads appear and in what format — serving the right ad to the right person in the right place at the right time

How to Get Started with Programmatic

Before you dive in, your team or your marketing partner needs to do the due diligence to understand your target market. With more in-depth information, programmatic advertising can work harder for your client and find the customers that are looking for your client’s brand.

Then, as you implement your plan, these are the things to look for and monitor in order to continuously improve and optimize your advertising, maximize your budget and reach the best customers for you:

• Cost per Click (CPC)
• Click-through Rate (CTR)
• Cost per Completed View (CPCV)

Want to Know More About Programmatic?

How can we help? The marketing and advertising landscape is evolving at the speed of light. And the Front Porch team is keeping up and leading the way to better outcomes for our clients. There are many benefits to choosing programmatic advertising such as efficiency and low-cost awareness. So please ask, as we love sharing our client successes, expertise and fodder. Sometimes the fodder isn’t relevant, but it sure creates great conversations and we’d love to have one with you.

Front Porch has currently four clients, both business to business (B2B) and business to consumer (B2C), with paid digital media campaigns ads and paid social media running. These clients are across different industries from financial and non-profits to insurance and ecommerce. These clients’ marketing strategies include paid digital media advertising because it works for them. We recommended integrating your digital marketing with your brand strategy as part of your overall marketing plan.

Maximizing A Digital Media Budget

Our digital ad philosophy is to consider what formats deliver the maximum opportunities possible for the budget available, to an audience most likely to be interested. This approach maximizes the resources of our clients.

Here is a sampling of paid digital media advertising tools that we are using currently to serve our clients in this space:

• Social – Ads served on Facebook, Instagram and LinkedIn to build awareness, build relationships with the audience, and drive traffic to a website
• Digital Banner Ads – Ads served through browsers and in-app to build frequency and drive traffic to a website
• Streaming Audio – Ads served within music and/or podcast content cross-device, including smart speakers

How We Determine A Plan’s Effectiveness

So, what is the predicted ROI of a paid digital media advertising campaign? When the campaign is for business to business, not an “exit now for cheeseburgers”, it is trickier to predict. But this is how we view the situation, and read our analytics.

Here’s an example for a paid digital advertising campaign for a service business client of ours. Our standard average CTR (click-thru rate), which is the number of clicks an ad receives divided by the number of times it is shown, is typically .03-.05% for digital ad campaigns. (Social and Native can trend higher with more mobile impressions than Banner Ads served computers.)

So a digital media plan with about 1MM impressions per month would generate 300-500 clicks. These are the customers that click and come to our client’s website. But, the bounce rate can be high in the 90%. Bounce rate refers to the percentage of visitors to a particular website who navigate away from the site after viewing only one page. Thus with 300-500 clicks, this leaves 30-50 quality prospects per month. Which is a fantastic number for our service client.

If you’d like to know more about how a paid digital media plan might work for your business, just ask!