Ten Steps For Optimizing Digital Ad Reporting & Measurement
STEP 6—Monitor campaign analysis and optimization
After your campaign launches, it’s now time to take action on what the reports, dashboards, and scorecards are telling you. Depending on the type of campaign and the various sources of data your tracking, when you should start to optimize will vary. One key variable to investigate prior to optimization is data quality. While ad servers and site side analytics tools do a good job of tracking, sometimes reported cost, impressions and clicks change if you go back historically (within 1 week). Have someone on your team quality assure this process and monitor to ensure accurate reporting.
STEP 7—Integrate customer sales data
Begin to integrate customer sales transactional information to show the marketing campaign ROI. Tie this ROI measurement back to each execution channel - online display, email, mobile, search and pertinent campaign attributes. Integrate other customer touchpoint systems such as call center data into the mix. This maximizes the impact of your analysis and improves conversion measurement analysis. Depending on your capabilities to measure customer segments, lifetime value and purchasing behavior, tie these elements into the mix to get a better view of marketing campaign effectiveness and the influence on current customer purchasing decisions and acquiring new valuable customers.
STEP 8—Consider weighted marketing campaign conversion attribution
This more advanced step is optional, but should be tested if you’re a heavy digital media spender. Conduct a cookie level analysis to find the true conversion produced by each media vehicle. This will allow you to understand real conversion media metrics instead of the conversion attributed by the “last click” or last media impression. For example: for every conversion that occurred from Yahoo, what other sites/publishers aided that conversion and what is their value in the ecosystem? How did one creative unit aid another? How did one branded unit aid a direct response unit?
STEP 9—Collaborate and share information
Once the campaign has launched bring your agencies and partners to the same table when reviewing campaign results. Use the scorecard/dashboard as a platform to spark discussion and strategy. It’s amazing what kind of insights and actions come about with real time access to marketing knowledge between partners.
STEP 10—Don’t go overboard and improve over time
Building a marketing data warehouse for reporting and marketing intelligence purposes is more art form than science. Don’t go overboard and try to get everything right from the outset. Be absolutely clear about overall campaign goals and measurement from the get-go; then learn from the data, take action on it, and improve overall campaign performance. This approach will position your organization to learn from its activities and optimize marketing performance over the long haul.
Pages: « previous page 1 2
Article Sponsor
More Opinions
Reader Comments.
No comments yet
Leave a Comment
Features
- With Ads, Pretty Is as Pretty Does November 21st 2008
- Holiday Hootenanny: Win the Ad WAR November 20th 2008
- When Boomers, Gen Y Collide November 20th 2008
- How Google Is Jeopardizing Search Biz November 19th 2008
- Click Fraud To Shape Ad Decisions in 2009 November 18th 2008
Spotlight
Turn VP: Ad Network Shakeout “Inevitable”ADOTAS EXCLUSIVE – Turn bills itself as the world’s first Smart Market for online advertising. Turn’s VP of product and [...] more...
Latest News
- Goodmail Reels in $20M November 21st 2008
- Yahoo Sells Off Shopping Site at Discount November 21st 2008
- Paper-Loving Paramount Goes Digi November 21st 2008
- Google Personalizes Search Results November 21st 2008
- Verizon Staff Hacked Into Old Obama Account November 21st 2008
- IAB: Q3 Raked in $5.9B November 21st 2008
- Ad Spend Forecast Down Overall, Online Safe for Now November 20th 2008
- Will Bandwidth Limits Kill the Video Ad? November 20th 2008
Reader Favorites
Classifieds
Most Commented
- Targeting Is the Ad Network "Killer App" (7)
- Study: Blogs Beat Social Networks on Purchase Influence (5)
- Vengence is Mine Saith Ballmer (4)
- Marketing Secrets of an Online “Lurker” (3)
- Self-Serve Ad Exchange: This Century's Strowger Switch? (3)
- Federal Bailout Proposed for Online Ad Industry (3)
- What Obama's Win Means for Advertisers (3)
- The Coming eRevolution in Online Marketing (2)

