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Teachable Moments:
Failing Fast, Learning Faster
to Drive ROIOnline
Hedy Payghambari
Director, Media
“The only source of
knowledge is experience.”
-AlbertEinstein
“The only source of
knowledge is experience.”
-AlbertEinstein
These opinions are my own and not of my employer’s.
Portland
3 worlds
Oregon fan
First job….
Cars to ‘za
40 years of
take ‘n’ bake
5th biggest
chain
NW roots
37 states
1324 locations
“The only source of
knowledge is experience.”
-AlbertEinstein
Our fresh pizza.Your oven.
“The only source of
knowledge is experience.”
-AlbertEinstein
Our fresh pizza.Your oven.
Scratch made pizza experience at home without the mess.
“The only source of
knowledge is experience.”
-AlbertEinstein
7 ways to fail & learn fast to drive ROI
Lacking clear,
aggressive,
measurable goals
#1
New Customers
Online CPT
Metrics YoY Growth Actual to Goal
+153%
-22%
72%
-10%
Lacking clear,
aggressive,
measurable goals
#1 Clear goals + weekly measurement = success
Measurement= transparency, accountability &
empowerment.
Not having a test
& learn approach
#2
Identify opportunities to test towards goals
Measure, learn, repeat
Celebrate!
you
Not having a test
& learn approach
#2 10,000+ iterations
Audience
Ad Unit
Spend
Creative
Offer Cadence
Tools
Price Points
Campaign
Structure
Location
Not investing
in & using first
party data
#3 Brands that can access and act on their first party data will win.
Not investing
in & using first
party data
#3
 Identify segments and speak to them differently:
 Regular customers
 Lapsed customers
 New customers
 More scalable than social retargeting, LAL, etc.
 50% reduction in media costs
Measuring
just the
CPV/CPT
#4
Analyze annual customer value to measure channel ROI
MOCK NUMBERS
Facebook
Instagram
CPT
$4
$6
Frequency
4.9
6
Annual
Value
$73
$90
Not leveraging
creative to its
fullest
 49% ad performance is influenced by creative
 Costs fluctuated up to $15
#5
Not leveraging
creative to its
fullest
 Not all creative parts are equal
 People don’t want to see people
 Ads are like selfies. Angles matter.
 Not all ad units work
#5
Not trusting
the robots
#6
Work smart. Not harder:
 Campaign budget optimization
 Dynamic content
 DMA vs store targeting
Not knowing
when to go in-
house
#7
“The only source of
knowledge is experience.”
-AlbertEinstein
Thank you!

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Teachable Moments: Failing Fast, Learning Faster to Drive ROI

Hinweis der Redaktion

  1. so let’s jump in with 7 tactics & tools
  2. When I came to PMI, challenges was to figure out how to drive sales through paid Facebook -> now we have one of the most sophisticated programs in the QSR industry so let’s jump in with 7 tactics & tools
  3. Do you have a test and learn culture? Is there a communicated test schedule? How does your team view a test failure?