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STEVE SIMPSONMINDSHARE WORLDWIDE
DATA NOW DRIVES YOUR STRATEGY
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32 Thing is these days, everyone is online and the
communication is two ways
Over 500m members
Over 24 hours of content uploaded every minute
52% penetration of smart phones in the USA forecast for 2011 bigger than regular phones
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3 You can embrace this future by making decisions based on the data this new world produces
Personalisation
Device Convergenc
e
Content Combining
Data
…and the thing is, the hype is justified. $ are finally catching up!
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34
$50bn
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5 Clients are seeking effective metrics and proven ROI from digital media
Lack of consistent, 3rd party metrics across all digital media platforms
Beyond reach and clicks - behavioral
Brand Advocacy
Marketing effectiveness and ROI benchmarks relative to offline media channels
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6 The questions are the same…but there are new ones
“Ok, ok. I know I need to start spending online but….”
How much to spend?
Where to spend it?
Over what time?
How do I react quickly based on data collected?
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7 Our new marketing reality
Paid
Owned
Earned
Paid
Owned Earned
From…..
To…..
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8 Imagine you need to get an important person from Wimbledon to Mallorca.....
Do you?
Fly Direct?
Take a bus to Portsmouth, then a boat?
Take a train to Paris then hire a car and drive?
What if the flight is delayed?
What if your car breaks down?
Do you have a contingency plan?
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9 Process for analytical decision making
Challenge and Journey
Vehicles Course Correction
Identify business objectives and KPIs
Choose relevant vehicles to deliver KPIs
Dynamic adaption of sites, keywords, content, seeding to meet objectives
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10 Challenge and Journey
Challenge
Generate Xm new registrations by end Q4 2010 with an average cost per registration of €Y
KPIs
Increase unique user interaction with brand site content by X%
Generate Xm site conversions at a cost of €Z
Recruit Y fans to Facebook fan page
Challenge and Journey1
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11
Seek Involve Act Share
Banner impression Site arrival Conversion Recommend
• Reach
• Cost per exposure
•Unique user interaction rate
•Brand favourability
• Cost-per-interaction
• Response rate• Qualified lead
•Cost-per-unique response
•Cost-per-conversion / lead
• # Fans / Likes• Distribution rate• Comment rate• Favourable buzz
• Cost-per-send-to-friend
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12 Process for analytical decision
making
KPI Vehicles Data sourceSEEK
Reach Impressions DoubleClick / Atlas
Cost-per-unique exposure Media spend, unique impressions
DoubleClick / Atlas
INVOLVE
Arrival rate Clicks, arrivals DoubleClick / Atlas
User interaction rate Arrivals, page views, video starts
Omniture / WebTrends
ACT
Form submission rate Form visits, form submissions Adserver or WA tool
SHARE
Number of fans Sign up to fan page Facebook analytics
Distribution rate (video) Pass-along, embeds Visible Measures
Favourable buzz Number of comments, sentiment
Cymfony
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13
Sales
Different channels assist each other and themselves prior to last click
Bubble size: no. of customer kick start a journey;
Line width: total customer traffic volume.
Source: Atlas click path report
Brand PPC
Generic PPC
Display
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Top 10 conversion rate routes: Start journey further away and finish with brand terms or display
Brand PPC
Generic PPC
Display
Sales
Customers start with brand PPC or generic PPC then change to display show the highest conversion rate – 19%.% inside bubble shows conversion rate of customers
travelling on particular route.
How do we bring this together in a decision making environment?
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15
CPS vs CTR Minimise sites, keywords that
don’t drive sales
ROI by Market / Activity Protect media
that strongly contribute to
objectives
80% of Activities live in the long tail
Are our prospects taking out the right messages from our
activities?
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16 Quiz for delegates
Is a “click” a challenge, a KPI or a vehicle?
What is the best source of data for ‘arrivals’ or ‘unique visitors’?
What issues do we face with ‘last click wins’ effectiveness measurement?
What challenges do you face in your business to implement a digital analytics approach?
Can you afford not to do it?
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17 Summary
Digital analytics is a vital tool for decision making as spend catches up with consumer usage
Ensure that your objectives align to KPIs and vehicles you can really measure to deliver accountability
Look beyond the obvious reported measurement to understand relationships between digital activities
Implement a dashboard to dynamically adapt consumer experience based on data feedback