Archives




2022 | |

Finding Light in a Dark Space Through Marketplace Intelligence

Advertiser: Abbott Malaysia
Brand: Abbott Nutrition
Creative Agency: N/A
Credits: Fuziatul Syafawani Fatkhurrozi - iProspect Malaysia, Performance Marketing Specialist Filip Adamski - iProspect Malaysia, Digital Director Sophia Ting - iProspect Malaysia, Account Manager Cyrus Yeoh - iProspect Malaysia, Account Director Carissa Morais - iProspect Malaysia, Account Manager Megat Iskandar Shahriman - iProspect Malaysia, Account Executive

Objective & Challenge
Most brands on ECommerce Marketplaces face the biggest challenge of having little to no visibility into performance and benchmarks of their Shop in Shop versus the competitions in their category. Abbott, the leader in infant and adult nutrition struggles with the same challenge of limited view on comparing their own brands with competitors’ product availability, prices, promotions, ratings & reviews, content, and search rankings for Shopee and Lazada. The Marketplace platforms are strict on not sharing these category and its players insights on the traffic and performance of the flagship stores with their brand partners. This leaves Abbott with the task of looking for external tools and technology solutions to help them plan their presence and eCommerce Marketplace strategy better.

Insight & Strategy
Due to COVID19 pandemic, purchasing behaviours have shifted and users turned to ecommerce channels and marketplaces for their daily shopping with over 46% increase in online shopping behaviour, that has sustained throughout the last 2 years of sporadic lockdowns. Lots of brands in the same category started to increase their investment in paid media to grow their digital stores traffic and build awareness about their ecommerce presence to capture conversion that has now shifted online. Digital advertising space overnight become overwhelmed with ads promoting key marketplace events and brand promotions. However, increasing paid media investment at its own did not result in proportional growth in Gross Merchandise Value (GMV). Increased competition from retailers resulted in declining conversion rates and price wars. In order to understand ecommerce ecosystem holistically, brands needed intelligence on key marketplaces itself. Pricing strategies, competitors, stocks availability, promotions, reviews management, search engine optimisation, UX and UI design, conversion rates became key differentiators when competing in the marketplace space and brands needed to expand beyond paid media only strategy. However it can be very difficult getting the right data from marketplaces to increase store performance.

Execution
In the time when all brands advertising and media focus shifted to ecommerce and marketplaces, we had to get ahead of competition and look at the ecosystem holistically not only from media point of view. Implementing our proprietary Marketplace Intelligence tool helped us scale up our Digital Commerce Performance. With this intelligence tool, we were able to analyse and optimise our store discovery and conversion across 6 key areas: 1. Search Rank Tracking 2. Product Page Quality Score 3. Keyword Research 4. A/B testing 5. Competitor Store Intelligence 6. Competitor Product Intelligence We have gained valuable insight into our own, competitors’ and retailers’ performance and pricing strategies. We were able to make decision on how to optimize our Shops both onsite and offsite for better performance and differentiate from competitors and retailers. Leveraging valuable first, second and third party data using various helped us in creating and implementing 360 degree marketplace strategy across owned, earned and paid media that helped us win in always on and tactical campaigns.

Effectiveness
Across both marketplace and all brands: 1. We achieved 3 digit growth in total shop visits H1 2021 vs the same period previous year. 2. Both official Marketplace brand stores’ revenue grew double digit in H1 2021, while we managed to maintain similar levels of paid media expenditure. 3. All other perforce metrics and performance indicators (avg. basket size, ROAS, traffic, etc) improved in the first half of 2021 vs the same period previous year, making H1 2021 the performing period for ecommerce to date. 4. Our success was also confirmed when comparing our performance vs key competitors. Our Brands managed to be listed in top 3 positions during all key sales campaigns across Formula Milk and Groceries category.

2023 | |

Celcom – Fans United in the Metaverse

Advertiser: Celcom by celcomdigi
Brand: Celcom Berhad
Creative Agency: MINDSHARE MALAYSIA
Credits: -

Objective & Challenge
Sports and the WorldCup in particular opened up an opportunity for Celcom to use a major sporting event as a marketing platform to attract youths. However, this time around, Celcom was not the official media partner for the World Cup in Malaysia and had no sponsorship rights. Celcom’s strategy of having total domination of all things football across all media channels was in jeopardy, and the agency had to find a clever way to make the brand presence felt strongly together with fans every step of the way. Challenge: Celcom needed to find a fresher way to connect, boost brand loyalty, increase market share and sales with the youth segment. FIFA WC offered the opportunity. How did Celcom bring casual and hardcore football fans together owning FIFA Worldcup without being a sponsor?

Insight & Strategy
We wanted to demonstrate that whether you’re a hardcore football fan or one that easily gets swept up in the euphoria of the World Cup, Celcom was here to bring everyone together to cheer on the football craze. Big Idea: CHEER ON WITH CELCOM. Instead of being the official sponsor of the world-cup, Celcom was the Official Sponsor of Fans We were attracting a new generation of consumers who were born into the digital world: The Youth. They grew up glued to the screen and the virtual world was a big part of their screen time. Therefore, it was even more important to create a fan experience that bridged physical and digital universes because it allowed fans to engage with the World-Cup and their favorite teams regardless of location or circumstance. Our Solution: Bring the Cheer to the Metaverse. We built a Metaverse, allowing fans to experience the Football WC in Qatar through interactive activities with Celcom and the fans at the centre of it all. In the metaverse, fans could experience the FIFA World Cup through unique interactive activities and engage in fun games to win prizes, and buy exclusive Celcom NFT jerseys throughout the campaign. The space also housed elements from a Spin to Score game and product offers that would guide interested consumers to Celcom’s respective product pages. It became our “always-on” platform for consumers to explore during the WorldCup season.

Execution
The Celcom World Cup metaverse had four key features that gamified and enriched the fan experience: 1. Team Selection: As soon as users entered the Metaverse, they were prompted to create an avatar and pick a team jersey based on the teams playing that day (E.g France vs Argentina). Celcom made sure that avatar facial features and skin colours were inclusive and diverse so users could create ones that truly represented them. 2. Stadium: Next players could head to the virtual stadium and guess the chants of their favourite teams and find the flags of all participating WC teams to stand a chance to win prizes and earn more coins. The virtual currency earned in the stadium could then be exchanged for vouchers to purchase real-life products (e.g prepaid cards and mobile phones) 3. Game Day: During each match, players were encouraged to invite friends to join their own watch party and create a customised dance during half time break, then share a recording of their Gila-Gila dance with the #CelcomGilaGilaBola for a chance to win vouchers and in-game coins. 4. Full Time: At the end of each game, players were encouraged to open a crypto wallet with Tezzos and redeem Celcom rewards, including keeping the jersey as an NFT. The launch of Metaverse coincided with Celcom Nationwide On-ground takeover as well. Besides being able to watch a live screening of the matches on 1,310 sqm large screen, for those yet to try the World Cup metaverse, we gave fans the first taste of Celcom’s World Cup Metaverse. At on-ground booths, guests were guided through the registration process to understand how they could create their own avatar and receive virtual points that could be redeemed in the Metaverse.

Effectiveness
Media’s Impact: • Campaign amplification exceeded the set KPI by more than 30%, reaching out to a larger audience. • Over 110k engagements were garnered on social media platforms, indicating a strong response to the campaign. • Within the one month FWC campaign, we attracted 97,800 fans to our Metaverse, with an average time spent of 9.6 minutes on the platform (approximately 30% of halftime) • A total of 7,500 Malaysians attended our on ground events, experiencing Celcom FWC Carnival. • More than 10x publishers generously promoted our viewing parties FOC during the campaign, further amplifying our reach and impact. Business Impact • Sales of prepaid services among the youth segment increased by 234% during the FIFA World Cup compared to the previous months (September-October 2022). Brand Impact within 2 months Amongst the youth, all brand scores increased (Before vs After campaign): a. Ad Awareness: To 30 from 21.4 b. Buzz: To 22.1 from 13.5 c. Consideration: To 26.4 from 8.1 d. Purchase Intent: To 8.3 from 1.3 e. Recommendation: To 2.6 from 2.5

2023 | |

Homebuyer Hunting Perfected – RM185Millions Sales in 60 Minutes

Advertiser: Sime Darby Property
Brand: Sime Darby Property
Creative Agency: MINDSHARE MALAYSIA
Credits: -

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Objective & Challenge
Sime Darby Property (SDP) is a renowned for its high-quality township developments, primarily catering to the affluent homebuyers. For the first time, SDP launched SERASI an affordable development, targeting mid-income segment. The challenges: 1. We had to launch 507 units in a single-phase which is significantly higher than the typical single-phase launch where the number of units are below 300. 2. The location of the development is in Putra Heights. Despite the suburban charm of Putra Heights which is considered a relatively less exciting township. 3. Pricing of the units starts from RM365K which is 27% higher than competitors development at the vicinity. The agency’s goal was to achieve a 80% sellout for phase-one, 507 units.

Insight & Strategy
Data analytics Precise Targeting: Although Serasi’s price range starts from RM365,000, the lowest pricing compared to all other SDP launched, the price point still 27% higher than competitors in the vicinity. We need to create desirability to court the potential buyers. Who is our media target audience? • Utilizing the agency’s proprietary survey panel (10,000 respondents), we identified first-time homebuyers’ psychological profiles, their preferences and aspirations for their dream home. Hence, the focus of the communication shifted from price and basic attributes to highlighting desirable amenities, room functionality, and proximity to public transport to emphasize Serasi’s unmatched quality within its price range. These insights are ingested into prospecting platforms such as meta and google for media activation. • Given the location proximity of Putra Height to government offices within 10km radius, we used geo-location data to identify government employees which became an attractive segment for SDP because of easy approval of loans with better interest rates. Hence driving quality leads. • Using SDPs 1st Party Data, we identified high concentration of property investors in neighboring township such as USJ, Subang Jaya and Shah Alam, who are attracted to potential rental yield in a Transport-Oriented Development. Data Usage Strategy in Media Activation: By breaking down homebuyers across three strategic groups – 6 audience segments. 1. First-time homebuyers – newly married, young family, living alone 2. Government servants 3. Investors – invest for rent and invest for family. Deep insights were gained about their purchase motivation, touchpoints, messaging preferences, and specific features that is of interest to the target. A mapping tool was built to quantify and prioritize these groups, providing a framework for tailored creative messaging. • 3rd Party Data: Based on the identified segments, additional insights from 3rd party data were overlaid to enrich target group profiles. • 2nd Party Data: Geo-fencing and mobile device matching were employed to link individual results to browsing behavior, enabling the creation of government servant segment and bespoke audience remarketing segments. • 1st Party Data: Collaborating with the client’s data team, potential property investors and second-generation homebuyers within the catchment area were identified to create look-alike audience profiles. Optimization through Martech Integration: Leads generated are captured by SDP’s Salesforce system, accessed by the sales team to validate lead quality in real-time. Lead quality reports are shared with the agency for optimization and fine-tuning investments by audience, platforms, and channels.

Execution
Our bespoke audience segmentation framework enabled us to serve tailored creatives aligned with homebuying motivations. We also used it to build lookalike audiences at scale. Using multiple creatives for personalized messaging: Deploying over 47 creatives on Meta platform for hyper-personalization was challenging. To address this, we developed a tracking system integrated with Salesforce to optimize creative messaging for different audience segments. Geofencing strategies to drive showroom traffic: Geofencing customers within a 2km radius from our showroom and out-of-home ad locations allowed us to serve targeted ads as they entered the catchment areas, maximizing campaign impact. Using Martech and AI for optimization We optimize ad messaging based on the 6 segments intention to buy the property. To achieve this, we utilized an intent scoring framework that incorporated signals such as page visits, dwell time, and page views. These signals were weighted using a machine learning algorithm, enabling us to retarget visitors with customized creative messaging and generate high-quality leads. Furthermore, the integration with Salesforce’s quality reporting was implemented through proper naming conventions and UTM tags on the lead forms and digital media activities, which allowed us to achieve end-to-end attribution down to the creative and segment levels. This integration represents a significant milestone for SDP campaign personalization, providing valuable insights and enhancing our ability to track and analyze performance accurately, taking corrective timely action.

Effectiveness
*507 units gone in 60 minutes *Note: The source of booking for the 507 units are from: • High-purchase-intent leads with validated ID and payment details prior to the open day for booking = 90% of 507 units (450 units) • SDP’s Prime Members and Internal reserved units = 10% (51 units) SDP’s Serasi development achieved 100% – 507 units sold-out within the first hour of open booking, how did we achieve this: • Generated 2,043 leads from 1st Nov 2022 – 2nd Feb 2023 • Generated high-purchase-intent leads of 72% (1,471 leads) vs. SDP’s benchmark of 40%, indicating the effectiveness of our precise targeting and messaging. • Significant improvement on conversion rate. 450 leads converted to sales which is 31% vs. SDP’s benchmark 4%. Clearly our personalized messaging and optimized user journey worked. • Increased Cost-Efficiency with 56% reduction in Cost-per-Lead (CPL) – Achieved CPL of RM66 vs. RM150 internal SDP benchmark. • The remaining 1,021 high-intent leads who registered and turned up not knowing that all units were sold out within the 1 hour, expressed interest for the Phase-2 launch. Other achievement includes: • Our geo-fencing strategy and specific event ads drove 2,832 potential homebuyers to the sales gallery, allowing them to experience the Serasi development firsthand and further solidifying their interest. In summary, we successfully broke into a new market segment for SDP with Serasi development and demonstrated the power of leveraging data analytics and advanced digital techniques for the real estate industry.

2023 | |

From War Room to Boardroom

Advertiser: UMW Toyota Motor Sdn Bhd
Brand: Toyota
Creative Agency: SEED INTEGRATED MALAYSIA
Credits: -

Objective & Challenge
Toyota Malaysia has been implementing their always-on performance ad campaigns for the past three years, prior to our involvement in the team. These campaigns have served as a means for the brand to effectively measure and manage key performance indicators (KPIs) across the marketing funnel, particularly from a digital standpoint. As part of this continuous process, it is crucial for us to explore ways to enhance the monitoring, execution, and optimization of decision-making processes that ultimately impact media buys. The question we faced was: How can we improve upon a process that Toyota management is already comfortable and familiar with? To address this, we recognized the importance of taking a step back and examining how we can streamline the time-to-decision and enhance the accuracy of decisions when allocating monthly digital advertising budgets. This approach would ensure that all KPIs are met while maintaining a robust sales pipeline. Our objective was to facilitate faster and more informed decision-making, enabling us to allocate resources effectively and efficiently based on real-time insights and market dynamics. Through this approach, we sought to enhance the overall efficiency and effectiveness of Toyota’s digital advertising strategy, ensuring that every marketing dollar spent delivers maximum impact and contributes to a strong and sustainable sales pipeline.

Insight & Strategy
Managing 160 concurrent campaigns each month to support the sales and order bank of 20 models is a complex and demanding task. The seamless execution of these campaigns requires significant resources and can become labor intensive. Additionally, without automated reporting, it becomes challenging to identify campaign errors, detect market abnormalities, and make timely adjustments to prevent any sales disruptions. In the highly competitive automotive industry, the speed and accuracy of decision-making are crucial for maintaining a competitive edge. To address these challenges, our team took on the task of developing a customized real-time performance dashboard. This dashboard provides a comprehensive visualization of each campaign, enabling us to analyze month-on-month performance by model and media channels. By having access to this holistic view, we can assess the effectiveness and impact of digital spending on daily key performance indicators (KPIs). With real-time data at our fingertips, we can ensure that management decisions are based on the most up-to-date information available, rather than relying on outdated data from the previous month caused by delayed reporting by multiple intermediaries.

Execution
Building a realistic and meaningful dashboard requires careful consideration and a diligent approach. While anyone can create a dashboard using readily available tools online, we took specific steps to ensure the effectiveness and usability of our dashboard. To begin, we developed a beta version of the dashboard. This allowed us to identify necessary upgrades based on real user frustrations and satisfaction. It’s common for clients to expect numerous features, but in reality, they only utilize a small percentage of a dashboard’s capabilities. By focusing on essential features, we avoid wasting resources and overwhelming users with excessive data. After six months of utilizing the beta dashboard, we gained a deeper understanding of Toyota’s daily, weekly, and monthly reporting requirements. We studied the existing Excel reports used by the client’s user team and engineered the dashboard accordingly. By aligning with the discussions and decisions made in the boardroom for each model planning, we extracted the metrics that truly matter. This approach helps clients avoid data paralysis and focus on key insights. Once we streamlined the dashboard, we began monitoring the metrics that have a significant impact. Daily updates on the performance of each car model allowed us to plan marketing activities accordingly. For example, if a model consistently achieves a low cost per lead (CPL) despite fixed variables in our performance strategy, it indicates high market demand, and we can postpone media campaigns. These insights provided Toyota with a more accurate direction for business decisions, reducing unnecessary advertising and promotional budget wastage. Conversely, if a model’s CPL continuously increases despite various performance measures, the business unit team is alerted to plan a sustained campaign to counteract declining awareness. Additionally, our dashboard includes clear month-on-month monitoring to identify the onset of creative fatigue. This proactive approach allows Toyota to refresh its advertising efforts promptly, without waiting for key performance indicators to decline.

Effectiveness
The implementation of our dashboard not only improved process efficiency but also enhanced the effectiveness of Toyota’s business decisions. Here are some key outcomes we achieved: 1. Better Campaign Management and Faster Decision Making: Our dashboard facilitated improved campaign management, allowing for faster decision making. This led to a 217% improvement in overall cost per lead (CPL) and a cost savings of 6.8% (1). 2. Increased Lead Generation: Since the deployment of the dashboard, we delivered a remarkable increase of 220% in leads over the past 12 months. This significant growth in lead generation can be attributed to the optimized campaigns and data-driven decision-making supported by the dashboard. 3. Identifying Efficacy and Issues: The dashboard enabled us to identify the efficacy of tactics applied to each campaign and platform. For instance, when Toyota revamped its website, we quickly detected a significant drop in “Store Locator” clicks the following month. This allowed us to flag the issue promptly, leading to Toyota rectifying the user experience (UX/UI) on their new website. As a result, the click trend was reversed from January onwards. 4. Clear Insights and Efficient Investments: Decision makers now have access to customized reports that provide them with the exact information they need. They can clearly identify the best-performing platforms for various customer touchpoints, such as test drive leads, brochure downloads, and store locator usage for their respective models. This allows for balanced investments across platforms, maximizing efficiency and return on investment (ROI). Overall, our dashboard has significantly improved the speed and accuracy of decision-making processes between the war room and boardroom. It empowers Toyota’s teams to optimize campaigns, address issues proactively and allocate resources strategically to drive better business outcomes. Sources: 1. Toyota Performance Dashboard 2. Toyota internal data