
How effective is your campaign measurement? Are you just reporting numbers or are you actually generating actionable insights that support cross-channel media optimisation and enable performance benchmarking and knowledge transfer across campaigns?
Have a look at our recent ADMA organised presentation below to Macquarie Bank on effective campaign measurement, it covers a lot of stuff from developing standardised metrics framework over current technology limitations to multi-channel media attribution.
There are a lot of visuals and not much text so if you would like us to present to your team as well just give us a call on 1300 209 601 and ask for Chris.
LinkedIn launched its company profile pages a while ago but it seems they also recently added page statistics to the service.
As you can see from the below Datalicious LinkedIn page stats, you can get fairly standard reports on overall traffic to your site and its sub sections as well as number of followers but also a breakdown of your page visitors by industries, job functions and company name which I find most interesting of all.
And by now you've probably noticed that our follower numbers are well behind the industry avery so help us out here and follow us on LinkedIn guys!
Update: Video on new Google Analytics multi-channel funnel reports
Thanks to Google we're all used to measuring campaigns on a 'last click gets all the credit' basis (or occasionally first click). That is, all conversions (i.e. sales, leads, form completions, etc) are tied back to the last (or first) media channel that a person responded to respectively clicked on before converting.
Unfortunately, this method ignores all other touch points that a consumer might have responded to leading up to a conversion which also contributed to some extend, resulting in the undervaluation of certain media channels and ultimately the misallocation of marketing budgets (i.e. some channels are more likely to introduce a product rather than closing the deal and these miss out using last click attribution, see graph at the bottom comparing first and last click attribution).
Google is trying to address this through their new AdWords Search Funnel feature, however the Google reports do not include any organic channels or direct to site visits which do play a significant role in a consumer's path to purchase. In fact, organic search terms that include brand keywords and direct to site visits stimulated by some other form of media (i.e. TV, radio, print, etc) account for the majority of conversions on most websites (so we think they should be included).
To solve this issue for one of our clients, NDS (Carecareers), we used some custom JavaScript to record a stack (or path to purchase) of all campaign touch points across paid and organic channels in one of the Google Analytics custom segmentation variables (see chart below for a sample of the raw data). For simplicity sake we only recorded top level channel (i.e. SEO, SEM, direct, etc) in this case but this could be as granular as you want (i.e down to ad groups or even search terms).
The data on its own however is not very useful, you just end up with a long list of unique channel combinations (the above is only showing the tip of the iceberg) so we had to export the raw data from Google Analytics and analyise it using the Tableau business intelligence software. To make sense of the data and accommodate the various different purchase path combinations we decided to follow the ClearSaleing model and classify all touch points as either introducer, influencer or closer (see graph below and at the very bottom).Looking at the simplified example above we realized that paid search responses play an important role both as introducers and as closers, but not so much as influencers (we're thinking that unbranded terms make up most of the introducers and branded terms most of the closers but we don't have the data yet). Conversely, the importance of organic search, direct to site visits and emails (activity just started) might have been understated in the standard last click based reports up until now as they are more likely to act as influencing channels (SEO might pay off after all).
Given the above results and relatively simple data collection and analysis method we think there's really no excuse for marketers anymore to keep relying on last click media attribution so please drop us a line at insights@datalicious.com if you would like to find out more.