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Celina Burnett - How to measure the ROI of campaigns
1. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
How to Measure the ROI
of Campaigns
Celina Burnett
15 July 2015
#NewMR 2015
Corporate Sponsors
#NewMR 2015
Supporters
GreenBook
Schlesinger Associates
2. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Data Access
Consultancy
Data Management
Platforms
Analytic Practices &
Technology
INDUSTRY EXPERIENCE
GLOBAL
IMPACT WHY?
CLIENT EXPERIENCE
SERVICES
ROI of client
engagement
client retention over last
5 years
20%
90%
200+ consultants
Trusted
adviser,
with near
with experience in over
30 markets
Introductions…
3. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Consumer behavior
is changing…
4. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Ad spend is playing catch up
4%
11%
37%
24% 24%
18%
11%
41%
23%
8%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
Print Radio TV Internet Mobile
% Time Spent in Media vs. % Advertising Spend (US, 2014)
Time Spent Ad Spend
Sources: eMarketer, IAB
Total
Internet Ad
= $50B
Of Which
Mobile Ad
= $13B
5. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
More emphasis on measurement
Which channels work well together?
What is the optimal mix to
achieve my target?
What is the impact in the medium/long-term?
How should I invest in
linear vs. VOD vs.
YouTube?
What is the impact (ROI,
CPA) of each channel?
What is the role of social
media?
6. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
More data and complexity
7. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Where to start?
Ask yourself…
1. What are the campaign objectives? (Sales? Awareness?)
2. What data is available? What is appropriate?
3. What decisions will the measurement inform? When?
4. Define the approach and methodology
5. Set targets and benchmarks
8. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Making Sense of Measurement
Digital Attribution
Online only
Granular Data
Daily/Weekly/Monthly
Tactical Insight
Market Mix Modelling
Online/Offline
Aggregate Data
Monthly/Quarterly/Annually
Strategic Insight
&
9. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Measuring Campaign ROI
Media Contribution to Loans Applications, by Channel
10. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Measuring Campaign ROI: Data
Dependent Variable
Business KPI e.g.
Sales, Awareness,
Consideration
Internal Variables
Price, Promotions,
Marketing spend by
channel, PR activity,
Social media WOM,
Website redesign etc.
External Variables
Seasonality, economic
factors (interest rates,
unemployment),
competitor activity
(media spend, new
product launches) etc.
11. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Campaign Optimisation
Diminishing Returns of Media Spend, by Channel
0
25,000
50,000
75,000
100,000
125,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000
YearlySales
Yearly Spend
TV Curve for charts Display Search Press Radio Outdoor
125,000
TV Curve for charts Display Search Press Radio Outdoor
125,000
TV Curve for charts Display Search Press Radio Outdoor
12. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Case Study: Measuring Path to Purchase
CHALLENGE 1. What role do paid, owned and earned media
play in the customer journey?
2. How do media work together across
the journey stages?
3. How can we optimise activity to
reach our goals?
13. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Case Study: Measuring Path to Purchase
APPROACH
Purchase
Price Promotions Seasonality
Economy Competitors Climate
Other external
factors
Advertising TV OLV Print
OOH
Facebook
paid
Online
Display
Online
Paid
search
Organic
search
Online
traffic Facebook
earned
Facebook
owned
(% spontaneous)
(% “Is a brand for me”)
(% first choice)
• Data modelled across the customer journey:
14. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Case Study: Measuring Path to Purchase
IMPACT • Analysis enabled the brand to measure the value of social for the first time
• Facebook drove no direct sales impact, but through awareness and
consideration generated a 0.7% total sales impact
0% 25% 50% 75% 100%
Purchase
Consideration
Involvement
Awareness
Awareness Involvement Consideration FB Paid FB Owned FB Earned Other Factors
15. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Thank You
Celina Burnett
Gain Theory
Twitter: @celinacburnett
Email: celina.burnett@gaintheory.com
16. How to Measure the ROI of Campaigns – Celina Burnett
Gain Theory, UK, July 2015
Q & A
Ray Poynter
The Future Place
Celina Burnett
Gain Theory
#NewMR 2015 Sponsors
Sue York
Handbook of Mobile
Market Research