Marketing Technology – Search Engine Watch https://searchenginewatch.com Mon, 12 Aug 2024 15:33:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.4 Fospha Unveils the Ultimate TikTok Playbook for Ecommerce Success https://searchenginewatch.com/2024/08/12/fospha-tiktok-playbook/ Mon, 12 Aug 2024 15:32:35 +0000 https://www.searchenginewatch.com/?p=144733 Fospha proudly announces the release of “Fospha’s Ultimate TikTok Playbook,” a comprehensive guide that empowers ecommerce businesses to leverage TikTok for exponential growth.  

Why Fospha’s Ultimate TikTok Playbook is a Must-Read  

TikTok has rapidly become a powerhouse for ecommerce growth, making it essential for digital marketers. Fospha’s Ultimate TikTok Playbook provides actionable insights and proven strategies for brands at any stage of their TikTok journey, from starting out to scaling and maximizing long-term performance.  

“Our playbook demystifies the process, offering clear, data-driven guidance to help brands achieve exceptional results on the platform,” says Jamie Bolton, VP of Growth at Fospha.  

Fospha’s Ultimate TikTok Playbook

Key highlights of the playbook include:  

  • Full Funnel Strategies: Optimize each stage from awareness to conversion.  
  • Enhanced Measurement: Achieve clear visibility with multi-touch attribution and marketing mix modeling.  
  • Creative Optimization: Best practices for engaging, trend-leveraging content.  
  • Peak Period Strategies: Maximize returns during high-traffic periods with tools like Spark Ads and Branded Effect.

Case Studies Highlight Success  

Learn from brands like Underoutfit, Represent, Nutrimuscle, and The Essence Vault who have leveraged Fospha’s insights to achieve remarkable results on TikTok.  

About Fospha  

Fospha is pioneering a new approach to cross-channel digital marketing measurement. With no-code implementation, clients are live in 2 to 3 weeks with a year of full funnel performance modelled, ensuring complete privacy safety.  

For more information, visit www.fospha.com and follow us on LinkedIn and Twitter for the latest updates.  

Contact: Snezhina Kashukeeva: snezhina.kashukeeva@fospha.com 

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Nutrimuscle: Scaling spend and growing ROAS through better measurement https://searchenginewatch.com/2024/03/12/nutrimuscle-scaling-spend-and-growing-roas-through-better-measurement/ Tue, 12 Mar 2024 11:19:48 +0000 https://www.searchenginewatch.com/?p=144618 Snapchat driving spend growth at higher efficiency

Nutrimuscle is a fast-growing sports supplement brand that started using Fospha in June 2023. Their goal was to grow by increasing conversions and effectively allocating spend, but like many businesses, one of the primary challenges they faced was the inability to track key metrics (i.e. Cost of Acquiring Customers) and lack of transparency into campaign performance.

Nutrimuscle wanted to understand where to allocate spend, and which channels would be most effective for increasing reach and conversions. Last click and ad platform measurement wasn’t enough- this is where they turned to Fospha.

How did Fospha spotlight Snapchat as the channel for growth

Using their full-funnel attribution model, Fospha measured clicks and impressions to give Nutrimuscle insight into the channels that worked best for them. An immediate insight was Snap performance. In Q3, Snapchat had the highest ROAS amongst ad platforms, with an impressive average ROAS of 18.7. In fact, Snapchat pulled in the second most conversions amid paid media channels all whilst being incredibly cost efficient with a CAC of 23EUR in Q3.  

This represented a clear opportunity for Nutrimuscle. Since Snapchat is a mobile- only, impression-led channel, Google Analytics’ click-only attribution had failed to make the case for how effective it can be. Now, using Fospha, Nutrimuscle could see 67x more revenue attributed to Snapchat than what was visible in Google Analytics. These signals in Fospha gave Nutrimuscle the confidence to increase budget in Snapchat, increasing spend by 17% from Q2 to Q3.

This served two primary goals. Firstly, it helped Nutrimuscle diversify their business and channel mix, reducing their reliance on any single platform for performance. Having made this change, performance not only held but improved quarter on quarter. This increased spend in Snapchat was a key driver of a 45% increase in revenue, with CAC falling and ROAS rising 22% compared to last quarter.

Overall, using Fospha to grow Snapchat has been instrumental to Nutrimuscle’s success.

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Snap Selects Fospha as Measurement Partner for Retail eCommerce https://searchenginewatch.com/2024/02/16/snap-selects-fospha-as-measurement-partner-for-retail-ecommerce/ Fri, 16 Feb 2024 12:19:40 +0000 https://www.searchenginewatch.com/?p=144604 Fospha and Snap announced a partnership that will further enable eCommerce advertisers to measure their Snapchat campaigns.

What’s the problem this partnership is solving?

Measuring the true impact of impressions-led advertising has long been a tough task, especially with new privacy measures, which have made getting the right data even harder.

Fospha has found that basic click-tracking methods (like last-click and MTA) don’t fully recognize the value of upper-funnel activity, with a 2023 study finding that these methods miss about 74% of the sales that come from impression-based media. Across their client base, Fospha also found that brands that aren’t investing in higher-funnel activity like Snapchat have significantly higher acquisition cost and lower return on advertising spend.

Fospha’s latest report reveals Snapchat to be a key growth channel amongst their brands, with ROAS increasing by 504% from 2022 to 2023, even while spend grew 76% YoY. Fospha states that this demonstrates an opportunity to capitalize on strong performance at higher spend levels.

On Snap’s Q4 2023 earnings call, co-founder and CEO Evan Spiegel highlighted the importance of continuing to drive improved performance for advertising partners as a focus for Snap in 2024. Fospha data supports this, showing Snap ROAS has been rising since the company began updating its performance products in late 2022 and early 2023. The Fospha partnership highlights the importance for both companies of empowering brands to improve their attribution capabilities, identify growth opportunities, and maximize returns on their advertising investment.

Why Fospha?

Fospha is pioneering a transformational new approach to cross-channel digital marketing measurement. A no-code implementation means clients are live in 2 to 3 weeks with a year of full funnel performance (impressions, clicks, zero-party data) modelled and it’s completely privacy-safe (no user-level personal data is used).

Sam Carter, Fospha CEO, said, “We’re delighted that Snap is certifying Fospha as a key partner, further validating our mission to help eCommerce brands spend with confidence. Our product allows us to clearly see the massive unrealized opportunity that brands have in paid social media. We’re also particularly bullish on Snap based on the data we see coming in from advertisers. Working with the Snap team to help retailers realize the potential here is really exciting.”

To find out more, reach out to Fospha or your Snapchat account manager for more details.

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Fospha as TikTok’s New Measurement Partner https://searchenginewatch.com/2024/01/12/fospha-as-tiktoks-new-measurement-partner/ Fri, 12 Jan 2024 12:43:29 +0000 https://www.searchenginewatch.com/?p=144597 Understanding media performance in digital marketing is like navigating a maze that constantly changes. The emergence of platforms like TikTok has revolutionized how brands connect with their audience, adding layers of complexity and opportunity. However, with regulatory changes such as GDPR and iOS 14.5 updates, eCommerce brands are now facing a growing challenge: gaining clear visibility into the performance of their media mix channels. 

Top of Funnel Marketing 

Top-of-funnel marketing is about more than just creating buzz; it’s about laying a sustainable foundation for growth. Imagine it as the first chapter of an engaging novel, where the story begins, intrigue is created, and the relationship with the reader—or in this case, the customer—starts to form.  

Historically, due to the difficulty in tracking and measuring the impact of these top-of-funnel activities, brands have gravitated towards bottom-of-funnel advertising, where results are more tangible, like direct sales and conversions. However, this approach often overlooks a critical aspect of customer acquisition and brand building.  

According to a Fospha report, brands that consistently invest in top-of-funnel activities for a minimum of 10 months are likely to see reduced customer acquisition costs and a more robust Return on Ad Spend (ROAS). Specifically, the report reveals that brands prioritizing long-term brand awareness strategies can improve their ROAS by 42% and decrease acquisition costs by 35%, in comparison to brands that concentrate exclusively on conversion-focused activities. 

The Challenges of Current Measurement Practices 

The digital advertising landscape has evolved significantly over the past five years, growing more complex and demanding advanced measurement techniques.  

Traditional pixel- and cookie-based methods, which have been the mainstay of most brands, are losing their effectiveness due to regulatory changes like GDPR, CCPA, and iOS 14.5, which prioritise consumer privacy over technological efficacy. This has led to a significant reduction in visibility, especially in the early stages of the customer journey. Consequently, marketing attribution models that do not account for top-of-funnel activities may overestimate the effectiveness of lower-funnel activities. 

Fospha x TikTok 

On Monday 8 Jan 2024, TikTok introduced Fospha as one of the measurement partners. This partnership represents a significant development in the intricate world of digital marketing, highlighting the importance of not solely relying on bottom-of-funnel metrics for brands aiming to achieve sustainable growth and broad market reach. 

Fospha’s solution empowers brands to measure their paid media spend across platforms like TikTok in a data-driven way that aligns with profitability. This means that brands can now gain insights into the impact of their top-of-funnel activities, optimize their strategies accordingly, and scale their efforts without sacrificing their bottom line. 

Case Study 

Let’s take a closer look at The Essence Vault, a fragrance brand that faced the common dilemma of digital expansion. By embracing TikTok’s dynamic platform and partnering with Fospha, they saw a 20% increase in revenue and a 7% improvement in ROAS, illustrating the power of a data-driven, top-of-funnel approach. 

Conclusion 

TikTok has exploded in popularity, emerging as a significant alternative ad channel. The platform has shown strong returns, outperforming other growing platforms like YouTube. Top-of-funnel marketing is more than just an initial handshake with potential customers; it’s an indispensable part of a brand’s growth strategy in today’s complex advertising ecosystem. With strategic tools and partnerships like Fospha and TikTok, brands can confidently navigate this landscape, ensuring that every stage of the marketing funnel is optimised for success. As we look towards the future of digital advertising, it’s clear that understanding and leveraging top-of-funnel marketing is not just a strategy, but a necessity for sustainable growth and success. 

For further information on this partnership, visit Fospha’s blog and TikTok for Business Blog. 

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