native advertising seminar: social sharing with a purpose – why eq matters more than iq by andy...

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January 2014 IAB Native Advertising Seminar © 2014 IAB Australia Pty Ltd Native Advertising Seminar 31 January 2014

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Social is the new starting point for how we discover and share news with our friends. Brands now have a unique opportunity to connect and engage users by creating social content that users want to see and most importantly, share. Andy showed why EQ matters more than IQ in social advertising and why distribution is just as important as creating quality content. View the video of this presentation here: http://www.iabaustralia.com.au/events-training/recent-events-and-training/item/1512-iab-native-advertising-seminar

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Page 1: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

January 2014 IAB Native Advertising Seminar

© 2014 IAB Australia Pty Ltd

Native Advertising Seminar

31 January 2014

Page 2: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

January 2014 IAB Native Advertising Seminar

© 2014 IAB Australia Pty Ltd

#iabnative

Page 3: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

January 2014 IAB Native Advertising Seminar

© 2014 IAB Australia Pty Ltd

Social Sharing with a Purpose – Why EQ Matters More Than IQ Andy Wiedlin Chief Revenue Officer BuzzFeed

Page 4: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Social Sharing

With a Purpose:

Andy Wiedlin

@acwiedlin

Why EQ Matters More Than IQ

Page 5: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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100M+

monthly

UVs

BuzzFeed creates content

people want to share.

Page 6: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Total Traffic Over the Last 2 Years

(Monthly UVs)

Unique

visits per

month

133.5M GA Global UVs

in December 2013

Page 7: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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“The media

landscape is

changing so

rapidly ... I

remember when

BuzzFeed was

just something I

did in college

around 2 a.m.”

-Barack Obama

Whitehouse Correspondents

Dinner

April 27, 2013

Page 8: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Agenda

Native < Social

Social changes everything

Social Storytelling for brands

Examples and discussion

Page 9: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Native Advertising: Paid ads that are so cohesive with the page

content, assimilated into the design, and

consistent with the platform behavior that

the viewer simply feels that they belong.

Page 10: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Native is good,

social is better.

Page 11: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Our POV

Consumers are looking to discover,

engage, and share content

Great brands are telling stories

through engaging and sharable

content to generate true word-of-

mouth marketing

Page 12: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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The Facebook Test

Page 13: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Why do people

share things?

Page 14: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Content is about identity.

Page 15: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Have a heart

Page 16: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Capture the moment.

Page 17: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Humor is

social.

Page 18: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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So are human rights.

Page 19: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Don’t post things people

are embarrassed to

share.

Page 20: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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If content is social,

ads can be too.

Page 21: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Like Good TV, Ads:

Tell a story

Involve

people

emotionally

Are not

heavy-

handed

Page 22: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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The BuzzFeed Story Unit

In-stream

and

content-

rich

Page 23: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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The same hat, just tinier.

Justin Bieber’s yellow

Lamborghini

Page 24: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Watching the train pull up

right as you get to the

platform

Achieving the perfect

ratio of cream to sugar to

coffee

Page 25: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Australia: Caesar Salad

New Zealand: Roast Chicken

Page 26: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Page 27: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Page 28: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Guacamole hummus

Soup dumplings

Page 29: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Rub excess eye cream

into your cuticles.

Use a dab of aspirin

to treat a pimple.

Page 30: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Be a relevant voice to

your audience.

Page 31: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed
Page 32: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Source: comScore for

websites, NYTimes for

networks

Attracting a Young Audience

Median Audience Age for the

Top US News Properties

Page 33: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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This is not new.

Page 34: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Measure Earned

Engagement

Page 35: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Always-on

marketing

Page 36: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Oreo

Page 37: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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This little bridge you

see daily is perhaps

the most iconic in the

world.

You walk hills

everyday. Your calves

are HUGE.

Page 38: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Spend more, get more.

Social

Lift

Spend level over time

Average social lift

by spend level

Average CPE

by spend level

CPE

Higher

spend =

better lift

Higher spend

= better CPE

Spend level over time

Page 39: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Social

Mobile Video

Page 40: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Social

Mobile

Video

Page 41: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Key Takeaways

Native is good, but social is

better.

What credible stories can your

brand tell?

Give your avids content to

become advocates.

And have some fun!

Page 42: Native Advertising Seminar: Social Sharing with a Purpose – Why EQ Matters More than IQ by Andy Wiedlin, Chief Revenue Officer, BuzzFeed

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Discussion

Andy Wiedlin

@acwiedlin

[email protected]