WEBVTT 1 00:00:00.825 --> 00:00:04.245 Or your media dollars working hard or hardly working. 2 00:00:04.745 --> 00:00:08.165 Dad jokes aside. Closing the loop between online ads 3 00:00:08.265 --> 00:00:10.845 and real world sales is serious business 4 00:00:11.135 --> 00:00:12.485 today on the resource desk. 5 00:00:12.865 --> 00:00:16.085 How retail data can help you understand if your marketing 6 00:00:16.085 --> 00:00:18.885 investment is actually driving business outcomes comes. 7 00:00:28.875 --> 00:00:32.045 Welcome to part two and our series on retail data. 8 00:00:32.555 --> 00:00:35.085 This time we're talking about everyone's favorite topic 9 00:00:35.355 --> 00:00:36.885 measurement and 10 00:00:36.885 --> 00:00:40.405 how retail data can help you close the loop on understanding 11 00:00:40.585 --> 00:00:43.045 what's driving your online and offline sales. 12 00:00:43.455 --> 00:00:46.085 Today we'll be looking at three ways closed loop measurement 13 00:00:46.085 --> 00:00:48.685 for retailers is essential for modern marketers 14 00:00:48.905 --> 00:00:52.405 to connect digital campaigns to sales optimize campaigns, 15 00:00:52.405 --> 00:00:55.645 mid-flight and uncover holistic campaign insights. 16 00:00:56.215 --> 00:01:01.005 Let's dig in. The first 17 00:01:01.005 --> 00:01:02.885 reason retail data gives you better, 18 00:01:02.995 --> 00:01:04.405 more accurate measurement is 19 00:01:04.405 --> 00:01:07.205 because it helps you easily connect any marketing tactic, 20 00:01:07.515 --> 00:01:10.365 even your traditionally upper funnel awareness campaigns 21 00:01:10.925 --> 00:01:12.125 directly to sales performance. 22 00:01:12.665 --> 00:01:14.845 For example, let's say you're launching a new dessert, 23 00:01:15.565 --> 00:01:18.405 a pudding cup, you run ads over CTV 24 00:01:18.405 --> 00:01:20.725 and streaming audio to raise awareness for your product. 25 00:01:21.425 --> 00:01:24.685 But with retail data, now you can see when the people 26 00:01:24.705 --> 00:01:27.525 and households that were exposed to your ad actually go 27 00:01:27.525 --> 00:01:29.405 to the store or website to purchase your product. 28 00:01:30.065 --> 00:01:31.725 You no longer need to guess about whether 29 00:01:31.755 --> 00:01:32.965 your ad was effective. 30 00:01:33.145 --> 00:01:35.525 The proofs in the well, you get it. 31 00:01:36.105 --> 00:01:38.845 The second way retail data helps you make sure your media 32 00:01:38.845 --> 00:01:41.445 dollars are working their hardest is the ability 33 00:01:41.465 --> 00:01:43.965 to optimize campaign performance mid-flight. 34 00:01:44.705 --> 00:01:46.285 The world of retail moves fast, 35 00:01:46.505 --> 00:01:48.205 and that's why you need to see results quickly. 36 00:01:48.705 --> 00:01:49.725 You can't wait months 37 00:01:49.725 --> 00:01:52.005 to know what's working on the trade desk. 38 00:01:52.565 --> 00:01:55.765 Granular data is updated weekly, sometimes even daily, 39 00:01:56.145 --> 00:01:59.005 so you can better understand which tactics are working 40 00:01:59.385 --> 00:02:01.325 and which ones aren't as they happen. 41 00:02:01.795 --> 00:02:04.205 When you combine these insights with our media buying 42 00:02:04.205 --> 00:02:06.965 and optimization tools, you can make changes on the fly 43 00:02:07.145 --> 00:02:09.285 to drive performance throughout the campaign. 44 00:02:09.775 --> 00:02:11.525 Let's go back to our new pudding product. 45 00:02:13.825 --> 00:02:15.805 During the run of your campaign, you notice 46 00:02:15.805 --> 00:02:18.685 that certain creatives are driving sales better than others. 47 00:02:19.555 --> 00:02:22.445 With these new insights you reallocate spend towards those 48 00:02:22.445 --> 00:02:23.605 successful creatives 49 00:02:23.705 --> 00:02:25.645 to better optimize campaign performance, 50 00:02:26.315 --> 00:02:28.725 thus making every media dollar work harder 51 00:02:29.265 --> 00:02:31.045 and taste that much sweeter. 52 00:02:31.905 --> 00:02:33.805 The third way retail data is crucial 53 00:02:33.825 --> 00:02:36.725 to your marketing strategy is the increased ability 54 00:02:36.945 --> 00:02:39.245 to uncover holistic insights across the 55 00:02:39.245 --> 00:02:40.365 entire customer journey. 56 00:02:40.865 --> 00:02:42.765 So you've closed the loop on your media spend 57 00:02:43.065 --> 00:02:45.045 and you can see which channels are driving sales. 58 00:02:45.625 --> 00:02:48.645 Now it's time to gather important insights about your 59 00:02:48.845 --> 00:02:52.365 customers across every stage on the path to purchase. 60 00:02:52.815 --> 00:02:55.565 Using this data to inform future media buys 61 00:02:55.745 --> 00:02:57.365 and creative messaging strategies. 62 00:02:57.855 --> 00:02:59.710 Let's check back in on our pudding launch. 63 00:03:00.225 --> 00:03:02.005 We can see our message is resonating 64 00:03:02.005 --> 00:03:03.085 with a younger demographic 65 00:03:03.505 --> 00:03:06.765 and that people who saw our ad on connected TV were three 66 00:03:06.765 --> 00:03:08.605 times more likely to buy than those 67 00:03:08.605 --> 00:03:10.005 who only saw display ads. 68 00:03:10.555 --> 00:03:12.925 With this new info, we can shift our ad spend 69 00:03:12.945 --> 00:03:14.445 to optimize our marketing investment, 70 00:03:15.205 --> 00:03:17.765 ensuring it's delivering the best return on ad spend. 71 00:03:18.085 --> 00:03:20.925 Possible Retail data is an essential part 72 00:03:20.925 --> 00:03:22.525 of any modern ad campaign 73 00:03:22.745 --> 00:03:25.205 and a crucial piece of any marketer's toolkit, 74 00:03:25.865 --> 00:03:27.725 and you can do everything we've talked about 75 00:03:27.735 --> 00:03:29.125 today on the trade desk. 76 00:03:29.585 --> 00:03:32.285 Now get out there and sell some pudding.