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@linkedinMKTG
CrasH Course30 minute
MARKETING METRICS
Understanding metrics vs. analytics
Uncovering the metrics that really matter
Measuring full funnel impact
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Amanda HalleSenior Manager, Demand Generation@ahalle | linkedin.com/in/amandahalle
Megan GoldenSenior Content Marketing Manager@goldmegs | linkedin.com/in/goldenmegan
SpEAKERStoday’s
@linkedinMKTG
Why Do I NeedIntroduction
METRICS AND ANALYTICS?
@linkedinMKTG
According to Forrester Research, as much as
90%of the buyers’ journey may be complete before they contact a salesperson. During that time, marketing is responsible for moving prospects down the purchase path.
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report the ROI of programs and confidently request larger budgets
become more efficient at optimizing the purchase path and driving revenue
metrics & analyticsHelp marketers...
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Metrics &what’s the difference
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BETWEEN
Analytics
METRICSWhat you measure your marketing programs on to gauge performance or success. They can also be called Key Performance Indicators (KPIs).
ANALYTICSUsing metrics to identify trends and insights to inform decisions about your marketing efforts.
LEARNINGfrom
MONEYBALL METRICS
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Metricsmoneyball
In baseball, a lead off hitter’s job is to get on base and score runs, while a cleanup hitter’s job Is to drive in runs.
A baseball team would never measure the performance of these two players in the same way. @linkedinMKTG
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Metricsmoneyball
In baseball, a lead off hitter’s job is to get on base and score runs, while a cleanup hitter’s job Is to drive in runs.
A baseball team would never measure the performance of these two players in the same way. @linkedinMKTG
EMAIL DISPLAY
Click open rateConversion rateDrive pipeline and revenue
Brand awarenessNew website visitorsClick-through rate
RETARGETING SPONSORED CONTENT
Lead qualityIncrease conversionDrive pipeline and revenue
Increase engagementBuild brand & shape perceptionConversion rate
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Measuring the impact of
FULL FUNNEL MARKETING
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Full Funnel
marketing
Each marketing tactic should have a clear purpose and map to the buyer’s journey. So, ask yourself…
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1
Who is the target audience?
How do they need to be educated?
How can we align our benefits to their pain points?
2
Are you providing your prospects increasingly relevant content as you learn more about them?
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What happens after the sale?
Do you have the content that sets up customers for success after they’ve bought from you?
@linkedinMKTG
The ultimate goal of reaching and then nurturing prospects is to “acquire” them, to drive them
toward becoming a customer.
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REACH
NURTURE
Full Funnel
marketing
@linkedinMKTG
Increase awarenessBuild brandShape perception
Improve lead qualityIncrease conversionDrive pipeline and revenue
UPPER
LOWER
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REACH
metricsupper funnel
Play an active role in prospect education throughout the buyer’s journey.
Email Marketing open rate, website traffic, opt-in
Display Ads awareness, brand recall and lift
Search Marketing branded search
Organic Social Media shares, likes, comments
PR awareness, brand lift, website traffic, inbound links, referral traffic, unique visitors
Paid Social Media awareness, brand recall and lift, website traffic, unique visitors
Free Written content website traffic, shares, likes, bounce rate, unique visitors, inbound links, referral traffic, comments
Rich Media content time spent, page views, pages per visit, opt in
TACTICS METRICS
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NURTURE
Nurture prospects that have either implicitly or explicitly expressed an interest in your brand.
Email Marketing open rate, returning visitors, form fills, MQLs, SAOs, SQOs, retention rate
Search Marketing leads, cost per lead, form fills, MQLs
Display Ads leads, cost per lead, form fills, MQLs
Paid Social Media leads, cost per lead, returning visitors, MQLs, form fills
PR leads, cost per lead, returning visitors
Gated Long-form Content
form fills,
Webinars Form fills, leads, cost per lead, SAO, SQO, close rate, revenue, retention rate
Demos / Trials form fills, leads, cost per lead, SAOs, SQOs, close rate, revenue, retention rate
TACTICS METRICS
metricslower funnel
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REACH
NURTURE
Reach audiences to drive awareness and a positive impression of your brand
• Awareness• Branded search • Brand recall and lift • Website and referral traffic• Page views, pages per visit, time spent on site lift
• Subscriber/opt-in lift• Engagement (open rate,
shares, likes, comments)• Bounce rate decline• Unique visitor lift• Inbound links lift
Nurture prospects until they’re ready to make a purchase
• Leads (organic vs paid)• MQLs/SAOs• SQOs• Cost per lead• Qualified lead velocity rate
(i.e., growth in qualified leads)
• Form fills• Revenue • Returning visitors• Close rate• Retention rate, customer
lifetime value, upsell/cross-sell
APPLYing ANALYTIC
S
across the funnel
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Full Funnel
marketing
What is your recommendation on how to lay the foundation to full funnel marketing?
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1
Understand the key objectives you need to hit at each stage of the funnel
2
Pin down the right metrics to measure progress against those objectives
3
Deploy effective programs and continually use analytics to gauge the effectiveness and optimize their performance
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REACH
NURTURE
@linkedinMKTG
Paid PromotionSearch Engine
MarketingLinkedIn Display Ads
BlogEmailLinkedIn Sponsored ContentLinkedIn Sponsored InMail Webinars
Multi-ChannelCAMPAIGNS
success lies in
IMPACThowLINKEDIN measureso
nLINKEDIN
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Key conduit for reach and nurturing at scale.
“ “
@linkedinMKTG
SPONSORED Content
OBJECTIVESProduct awarenessThought leadershipStarter guidesTargeted content
METRICSContent engagementLeads & MQLsLead qualityRevenue
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Great tool to increase reach beyond email to drive leads and event registrations.
“ “
@linkedinMKTG
SPONSORED INMAIL
OBJECTIVESDrive content downloads & event registration Expand reach beyond email Right people, right time
METRICSOpen rateClick-through rateConversion rateLeads/Event registration
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Think beyond CTR and conversions to measure the success of your Display campaigns.
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@linkedinMKTG
Display AdsLINKEDIN
OBJECTIVESProduct AwarenessThought LeadershipTargeted Content
METRICSClick-through rateConversion rateWeb and referral traffic liftBrand recallSubscriber opt-in lift
Q&Ayour
WITH AMANDA
@linkedinMKTG @ahalle
CONNECTEDstay
Amanda HalleSenior Manager, Demand Generation@ahalle | linkedin.com/in/amandahalle | [email protected]
Megan GoldenSenior Content Marketing Manager@goldmegs | linkedin.com/in/goldenmegan | [email protected]
LinkedIn Marketing Solutions BlogLnkd.in/Blog