What's the best advice when doing sponsored video on social media? And how do you measure the value and secure ROI? Johan Rikner, CEO at N365 Group, gives his best advice on doing sponsored video on social media and takes a look into the future of native ad videos.
Seven years ago Johan founded Sweden's leading native advertising agency where he combined the creativity of journalism with the extremely data- and performance-driven insights from the iGaming industry. Three years ago he became editor-in-chief and founded the social media site Newsner – with about 50 million unique visitors per month.
***Johan Rikner will be among speakers from around the world at Native Advertising DAYS from 8-10 November. As a member of FIPP, you are entitled to a discount of €100 discount on the ticket purchase to the Native Advertising DAYS event by using the promo code FIPP17. Get your discounted ticket here***
Spend your money wisely. There is no use spending a lot of money on content that is not engaging the audience. Try the video on a small scale first, analyse the results and if it’s not working, try something else. And please make sure to adapt the video to the media where you are going to publish it.
KPI's are of course different for different customers, but the distribution on social media can definitely be the most cost efficient there is if it’s done properly. The most common mistake is that you don’t take into account what type of social media it is and adapt the content to that channel. If you neglect that, it can definitely become costly.
One good way to measure value is to set up goals and then achieve them, i.e ask yourself what is it worth for us to reach 100,000 people with our message and then invest that amount into reaching your goal. The key is to always to analyse your progress.
Definitely, it depends on the targets for the campaign but we see many clients performing great on direct sales with videos.
We’re just in the start of it and for a lot of advertisers, it’s a fun test. I think going forward they will start asking for more results. Both in terms of interactions and reach but also in measuring hard ROI. Now it’s up to agencies and publishers to make sure we deliver, but I think we will and then video will increase dramatically. But the only thing we can say for certain about the future is that the media landscape is going to change, and fast, but if you can tell a story that moves people you will probably be alright.
At the moment we are making some of the world’s most shared videos on Facebook and instead of only giving theoretical advice, I will give practical tips based on facts and our experiences on how to make an impact with a small budget on social media. Hopefully, you will get some tools that you can start using right away.
***Meet and hear more from Johan Rikner at the Native Advertising DAYS in Berlin. Register now using your FIPP member promo code FIPP17 to receive a discount of €100***
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