Case Study Porsche IAB Sidekick Case Background Porsche is a world-famous luxury sports car brand, instantly associated with supreme automotive design. A key contributor to the company’s success is that quality and design play as important a role as volume and market share. Supreme ride smoothness, excellent performance and unrivalled levels of interior equipment, make these cars the equivalent of sitting in first class. Porsche, the German luxury carmaker, knows how to launch ad campaigns that increase viewers’ heart rates and arouse jealousy. To present its new Panamera range to the Norwegian market, the company chose an IAB Sidekick format with an integrated video, and achieved excellent engagement. CASE SETUP In 2006, Porsche become the largest shareholder in the much larger manufacturer Volkswagen, with whom it already had long-established historical ties. MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING 1 Case Study Porsche IAB Sidekick Challenges Porsche’s dedication to providing a fantastic driving experience shines through with its new Panamera model. The range was designed to seat four people comfortably while still feeling like a sports car. Porsche needed the right strategy to inform potential customers about its creature. Typical clients for luxury cars like to think of themselves, not just as people of wealth, but of taste and refinement, too. For this reason, shallow marketing gimmickry may turn them off. To entice prospects, Porsche was looking for a more subtle form of marketing. The online presence is another consideration for prestige brands. Purchasers of luxury goods need time to consider. They are not seduced by discounts, they prefer one-to-one relationships and they like to feel selected. The Internet’s role, therefore, is to serve as a great information channel and a powerful branding tool. MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING 2 Case Study Porsche IAB Sidekick The Solution Porsche, following the advice of Ko&Co, embraced an IAB Sidekick format to display its advertising message. Information on the MPU banner gave the price of the Panamera as well as the date when it would be available at the local dealers. Those interested could then click on a button underneath, kick the initial site to the right and watch the commercial video. The goal of the campaign was to get potential clients to sign up as leads, so that the employees of Porsche could contact them, set up an appointment, and offer a test-drive. The IAB Sidekick format, which is one of the Rising Stars ad units, lets the advertiser have better control of the campaign environment, get the complete focus of users, and reduce noise and competition on the sites where the ad was exposed. The format was a suitable tool to grab users’ attention in an unintrusive way. It is a so-called, polite banner, which expands sideward only when it is clicked on, and pushes the original site to the left. Mostly used to expose video content, the success of the IAB Sidekick is measured primarily via engagement metrics. Click here to see the Porsche Panamera execution. MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING 3 1 2 4 Case Study Porsche IAB Sidekick The Results 15x 2x 55% higher engagement rate longer engagement time watched the video until the end Compared to the Rich Media benchmarks, the Porsche Panamera campaign received some serious attention from the online audience. ENGAGEMENT RATE (%) The engagement rate hit 26.6%, which was more than twice the average for Rich Media campaigns and more than 15 times the average for standard ads in Q3 2013. 30% 25% 20% 15% 10% 5% 0% Avg. Standard Banners (2013 Q3) Avg. Rich Media (2013 Q3) MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING Porsche Campaign 5 Case Study Porsche IAB Sidekick ENGAGEMENT TIME (SEC) The average engagement time reached 19 seconds, which was almost twice as long as the average for Rich Media campaigns in Q3 2013. 20 15 10 5 0 Porsche Campaign Avg. Rich Media (2013 Q3) EVENTS OF VIDEO PLAYS (%) Of visitors who started the Porsche Panamera video ad, 55% watched it until the very end. 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Watched 25% Watched 50% Watched 75% MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING Watched 100% 6 Case Study Porsche IAB Sidekick Conclusion By embracing the Rich Media IAB Sidekick format, the Porsche Panamera campaign received great visibility and attention from the Norwegian audience in a non-disruptive way. The engagement rate (26.6%) and time (19 seconds) were more than twice the average for Rich Media campaigns, while more than half of all visitors who started the promotional video, watched all of it. An online presence is a brilliant tool for luxury brands to spotlight their new products to current as well as prospective customers. MAKING DISPLAY ADVERTISING SIMPLE, RELEVANT, REWARDING 7