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Presented by: Bill Hunt & Kevin Ryan Thursday, August 21, 2008 Why does Search Get Credit for Everything?

Why Search Gets Credit For Everything

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Why Search Gets Credit For Everything

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Page 1: Why Search Gets Credit For Everything

Presented by:Bill Hunt & Kevin Ryan

Thursday, August 21, 2008

Why does Search Get Credit for Everything?

Page 2: Why Search Gets Credit For Everything

FinalistsBest Use of Local Search

The Container Store (Range)Storage West Self Storage (Young &

Associates)US Small Business Administration-Business

Gateway InitiativeBest Integration of Search with Other Media

SEO-PRThe Tudors/Showtime (Outrider)Jaguar XF Oscars (MEC Interaction)

Page 3: Why Search Gets Credit For Everything

Winners!Best Use of Local Search

US Small Business Administration-Business Gateway Initiative

Best Integration of Search with Other Media

The Tudors/Showtime (Outrider)

Page 4: Why Search Gets Credit For Everything

Finalists

Most Effective Use of Web Analytics

World Travel Holdings - CruisesOnly.com(iProspect)iCrossing Measures Results with Mazda

Analytics (iCrossing)Four Seasons Hotels and Resort (Acronym

Media)

Page 5: Why Search Gets Credit For Everything

Winners!

Most Effective Use of Web Analytics

Four Seasons Hotels and Resort (Acronym Media)

Page 6: Why Search Gets Credit For Everything

Today’s Panelists• Randy Peterson

Search Marketing Innovation Manager Procter and Gamble

• Mikel ChertudiSr. Director, Online & Demand MarketingOmniture

• Sharon GallacherWest Coast Managing DirectorNeo@Ogilvy

Page 7: Why Search Gets Credit For Everything

Media Spending Mix

Page 8: Why Search Gets Credit For Everything

What a great Year!

Print generated $100 million in revenue

TV generated $200 million in revenue

Search generated $250 million in revenue

Direct generated $20 million in revenue

But we only sold $100 Million in

products?

Page 9: Why Search Gets Credit For Everything

Attribution Is…

Assigning accurate value Sales or marketing Results expended

Media that created the value

Page 10: Why Search Gets Credit For Everything

1. Display Banner 3. Paid Search2. e-Mail

Example: User clicks on all three, which media gets credit?

Page 11: Why Search Gets Credit For Everything

What can go wrong?

Marketing over spendsUnder spends

Attributing too much or little

Page 12: Why Search Gets Credit For Everything

What happens?

Unhealthy tensionMarketing managers fightBudget and contribution

credit?

Page 13: Why Search Gets Credit For Everything

What happens?

Misguided investment People and $$$$$

Budgeting/forecasting?

Page 14: Why Search Gets Credit For Everything

Majority of recent conversations with Search Managers have

indicated there is some level of resentment to Search’s credit

for conversions

Page 15: Why Search Gets Credit For Everything

Is there really an attribution problem or are the other forms

of marketing just jealous?

Page 16: Why Search Gets Credit For Everything

What are you measuring?

Pre-MetricsImpressions, Clicks, CPC

Post MetricsOrders, sales, customers, Lifetime Value

Page 17: Why Search Gets Credit For Everything

Remarket Objective:Repeat Order / Cross-Sell

Site Objective: Conversion

Ad Objective: Acquire Visitors

Don’t Overwrite Objectives

Page 18: Why Search Gets Credit For Everything

Most attribute success/conversion to the last

action and all decisions are based on these metrics.

Is this wrong?

Page 19: Why Search Gets Credit For Everything

Is it possible to set up a fair and balanced program that gives credit where credit is due?

Page 20: Why Search Gets Credit For Everything

Multi-Contact Attribution Model

Page 21: Why Search Gets Credit For Everything

What are the major causes or variables of these attribution

problems?

Can they be fixed?

Page 22: Why Search Gets Credit For Everything

Possible Solution

Source: Omniture Inc.,

Page 23: Why Search Gets Credit For Everything

If we solve the technology problem but can we change

the hearts and minds of fellow marketers?

Page 24: Why Search Gets Credit For Everything

Tips for Success

Have you covered the basics?

Page 25: Why Search Gets Credit For Everything

Tips for Success

Define your goals effectively

Page 26: Why Search Gets Credit For Everything

Tips for Success

Define the “value” of actions

Page 27: Why Search Gets Credit For Everything

Tips for Success

What is your bounce rate?

Anyone can take credit for a 5% click rate – the real pro can reduce a 95% exit rate

Page 28: Why Search Gets Credit For Everything

Tips for Success

Look for tools or indicators that you have in other media to help indicate impact and success

Page 29: Why Search Gets Credit For Everything

Tips for Success

Create an attribution model, using data available.

Page 30: Why Search Gets Credit For Everything

Tips for Success

Get comfortable with not having a perfect answer

Page 31: Why Search Gets Credit For Everything

Tips for Success

Standardize Tracking and Marketing Apps on One

System

Page 32: Why Search Gets Credit For Everything

Tips for Success

Measure all Views: 1st, last, and shared; Create a baseline using “last”

Page 33: Why Search Gets Credit For Everything

Tips for Success

Don’t Overwrite Metrics and Objectives – track separately:

1.Acquire Visitors2.Conversion3.Remarket

Page 34: Why Search Gets Credit For Everything

Tips for Success

For a best-practice guide and webinar on this topic go to:

omniture.com/7attributions

or

www.enterprisesem.com

Page 35: Why Search Gets Credit For Everything

Questions?