Prioritise Marketing Objectives on YouTube Flashcards

1
Q

What are the three stages in the consumer journey that marketing objectives align with?

A
  1. Awareness
    1. Consideration
    2. Action
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2
Q

What is the goal of the Awareness stage in the consumer journey?

A

Build awareness and recall by reaching potential customers and keeping your brand top of mind.

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3
Q

What is the goal of the Consideration stage in the consumer journey?

A

Grow consideration and interest by influencing potential customers when they’re most receptive to your message.

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4
Q

What is the goal of the Action stage in the consumer journey?

A

Drive action among potential customers, making it easier for them to take meaningful actions that can be measured.

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5
Q

How does YouTube play a role in the consumer’s buying process?

A

Consumers use YouTube to learn about new brands and help make purchasing decisions at all stages of the buying process

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6
Q

According to a 2020 study, how much more likely are viewers to use YouTube versus other platforms for brand research?

A

Viewers are 4x more likely to use YouTube to find information about a brand, product, or service.

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7
Q

How much more likely are viewers to purchase something they saw on YouTube?

A

Viewers are 2x more likely to buy something they saw on YouTube.

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8
Q

What are Marketing Objectives in the context of a video campaign?

A

Time-bound objectives specific to a product or business line, designed to influence the consumer’s path to purchase. Examples include increasing sales or growing brand awareness.

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9
Q

What are Media Objectives?

A

Media objectives translate marketing goals into a media-mix plan, aiming to drive maximum impact with available budgets. Examples include reach, frequency, and cost-to-serve efficiency.

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10
Q

What are Campaign Objectives?

A

Key performance indicators (KPIs) that measure the success of an advertising campaign, such as cost-per-view (CPV), completion rates, and website visits.

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11
Q

What is a Full-Funnel YouTube Strategy?

A

A strategy that mixes multiple ad formats (such as awareness and action) to deliver higher ROI across the full customer journey, from awareness to action.

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12
Q

How did Grammarly benefit from a full-funnel strategy?

A

Grammarly saw a 13% increase in conversions at the same spend level by using both awareness and action strategies for their back-to-school campaign.

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13
Q

What is the recommended mix for YouTube full-funnel buying?

A

A combination of video reach campaigns (CPM formats for broad reach) and video action campaigns (CPA formats for conversions) to maximize efficiency and conversions.

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14
Q

Why is measurement important in a YouTube full-funnel strategy?

A

Measurement helps advertisers understand what’s working by using unique reach reports and ads attribution with data-driven attribution.

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15
Q

How does Data-Driven Attribution benefit advertisers?

A

It helps reassign credit to the right channels and enables better bidding towards a higher return on ad spend.

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16
Q

What advice did Shannon Everley from Grammarly give regarding full-funnel strategies?

A

Set expectations with leadership that it’s a marathon, not a sprint. Full-funnel strategies take time to measure and prove out success.

17
Q

What are the three main stages of marketing objectives in the consumer journey?

A

Awareness, Consideration, and Action.

18
Q

How does YouTube contribute to the consumer’s purchase journey?

A

YouTube plays an important role in raising awareness, shaping consideration, and driving action through video content across the funnel.

19
Q

What is a key benefit of a Full-Funnel YouTube Strategy?

A

It allows advertisers to mix multiple ad formats (e.g., awareness and action) to maximize ROI and drive successful campaign outcomes.