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Measuring The Impact of Digital Marketing



                                       IAE de Paris, January 11th, 2012

                                       Dr Laurent Florès
   http://blog.crmmetrix.com
                                       CRM Metrix - MetrixLab
                                       lflores@crmmetrix.com
    http://twitter.com/#!/crmmetrix
    http://twitter.com/laurentflores
                                       Sur	
  Twi(er:	
  #MARKETiae
    http://Facebook.com/crmmetrix
About




        2	
  
  +10 years of experience in digital marketing effectiveness

  Paris, New-York, Cincinnati, Mumbai, Singapore

  > 150 customers Fortune 500 companies

  Projects in more than 30 countries

  +10 millions interviews in our benchmark databases
A unique expertise:

We help marketers monitor and optimize the impact
   and performance of their digital touchpoints to
       build stronger relationships with their
  stakeholders and develop their brands, revenue
                     and profit
As of November 3rd 2011,

           CRM Metrix and MetrixLab joined forces




 To become a Top 5 (independant) Online Research Player

With Business Units in E-Business Performance, Brand & Ad
      Research, Innovation/NPD & Customer Satisfaction
Measuring digital:
what is at stake?




                     6	
  
7	
  
« Measurement, Analysis & Learning »: the Biggest
            Bottlnecks in Marketing!
Examples of Challenging Questions around Digital…
      sometimes called the “Most Measurable Media” !?
  How should I prioritize my touchpoints ? How about Cross Media Effects?

  How to make sure that I deliver a consistent experience to my customers
  and prospects ?


  How can I increase my conversion rate on these digital touchpoints ?

  What could I do to maximize my “Earned Media” ?

  How can I engage my targets in a real relationship ?

  Etc.
                                                                             9	
  
- How many visitors/fans (reach)                         -  Who visit (profile) ?
- How many pages                                         - Motivations / Expectations ?
- How much time                                          -  Quality of experience ?
- How many visitors per page                             -  Impact ?
- How much conversion

                 Web	
  Analy.cs
                               	
                                Web Attitudinal
             Webtrends,	
  Omniture,	
      	
  
    	
  eStat,	
  Google	
  analy.cs,	
  Hitwise...
                                                  	
  

            The what’s                                        The why’s

             Best of both worlds to Truly Measure
It gets complicated with the different types of touch points…

     Paid                                                  Owned
                                          Website,
                                     Mini website, blog,
                                    sponsorship section

             6DCampaign®
                  6D360®   Customers     SiteCRM®
                           Experience
                                        FanPageCRM®




  Earned                                                   Social
Impact ?
13	
  
The digital funnel: from Impressions to « Expressions »…
 The digital funnel:




                 Reach   Connect Engage   Grow   Enroll /
                                                 Spread




                                                            14	
  
Coca-Cola Marketing Shifts from Impressions to Expressions
       (*)

         Accept that consumers can generate more messages than you
             ever could

         Develop content that is « Liquid and Linked »
         Accept you don’t own your brand; your consumers do
         Be a facilitator who manages communities, not a director who tries
             to control them

         Speak up to set your record straight, but give your fans a chance
             to do it so fist



(*)	
  Joe	
  Tripodi,	
  EVP	
  Chief	
  Marke.ng	
  and	
  Commercial	
  Officer	
  of	
  the	
  Coca-­‐Cola	
  Company.	
  
Facebook for Marketers: a new media:


    A significant level of audience: + 770 Millions members
     worldwide

    The main center center of attention of Digital Natives (and others)


    One or more pages per brand
    Questions arise about the value and the need to recruit a lot of
     Fans?
A growing audience

     Is it worth investing ?
3 dimensions of behavior:


  Impact
   Fans
   CRM
  profile
              Beyond sociodemographics data, what customer value?




  Impact
    Impact
   Fans       What drivers to commitment ?
   CRM
motivations
  Business




  Impact
   User
   CRM
              Which usages and what content to satisfy your fans?
experience
3 impact dimensions :


 Impact
  CRM        Impact on engagement ?
  CRM
Impact




  Impact
  Brand
   CRM
 Impact      Lift on brand image ?



  Impact
   Impact
Business
   CRM
  Business
 Impact      Lift on recommendation and purchase intent ?
FanPageCRM: A simple solution to implement (one shot or continuous
monitoring) consistent with the social dynamics :
 Example	
  on	
  Kinder	
  France	
  Fan	
  Page	
  
Main Motivations to visit the Fanpage:



     To know more about the brand and its products

     To be updated about brand events and good deals

     To show my friends that « I am a Fan of the Brand »

     To provide feedback and insights
Social media generates impact:



              ‘‘   On average 50% of fans have
                   a better opinion of the brand




                    ‘‘   The more engaged they are…
                         the better is their brand
                         opinion…and their top box
                         purchase intent…
Do not consider only the number of fans!
Fans have a real value for brands….
But only when recruited/engaged correctly…All
Fans are not created equal (quantity/quality)…
Business value




                   Leads
                               Social
                 generation
                                CRM




                   Static     Branding




                                         Social value
The logic of
digital touch points
   performance
     monitoring



                       29	
  
Some principles of digital marketing metrics

•  Many digital touchpoints are relational: this is a major difference with
  mass media, this difference directly impacts the metrics you should
  look at. Do not Just “Count”! Measure Experiences and Engagement!

•  Targeting is key: analyze much more in depth the value of the
  people you reach: they must be really “valuable” to really get you
  value…

•  Analyze in depth their motivations to connect with the brand: it can
   vary a lot from one brand to the other

•  Check in details how content works and delivers the right experience

•  Analyze what brings engagement and how your target is engaged:
   engagement is the initial step to business impact.
                                                                              30	
  
This applies to all digital touch points: adapt your practices

     Paid                                                  Owned
                                          Website,
                                     Mini website, blog,
                                    sponsorship section

             6DCampaign®
                           Customers     SiteCRM®
                  6D360®
                           Experience
                                        FanPageCRM®




 Earned                                                    Social
http://blog.crmmetrix.com
THANK YOU
                       http://twitter.com/#!/crmmetrix
                       http://twitter.com/laurentflores

                       http://www.facebook.com/crmmetrix
     &

Good Luck! 
               IAE de Paris, January 11th, 2012

               Dr Laurent Florès
 Questions?
               CRM Metrix - MetrixLab
               lflores@crmmetrix.com

               Sur	
  Twi(er:	
  #MARKETiae	
  
                                                          32	
  

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Measuring the Impact of Digital Marketing

  • 1. Measuring The Impact of Digital Marketing IAE de Paris, January 11th, 2012 Dr Laurent Florès http://blog.crmmetrix.com CRM Metrix - MetrixLab lflores@crmmetrix.com http://twitter.com/#!/crmmetrix http://twitter.com/laurentflores Sur  Twi(er:  #MARKETiae http://Facebook.com/crmmetrix
  • 2. About 2  
  • 3.   +10 years of experience in digital marketing effectiveness   Paris, New-York, Cincinnati, Mumbai, Singapore   > 150 customers Fortune 500 companies   Projects in more than 30 countries   +10 millions interviews in our benchmark databases
  • 4. A unique expertise: We help marketers monitor and optimize the impact and performance of their digital touchpoints to build stronger relationships with their stakeholders and develop their brands, revenue and profit
  • 5. As of November 3rd 2011, CRM Metrix and MetrixLab joined forces To become a Top 5 (independant) Online Research Player With Business Units in E-Business Performance, Brand & Ad Research, Innovation/NPD & Customer Satisfaction
  • 6. Measuring digital: what is at stake? 6  
  • 8. « Measurement, Analysis & Learning »: the Biggest Bottlnecks in Marketing!
  • 9. Examples of Challenging Questions around Digital… sometimes called the “Most Measurable Media” !?   How should I prioritize my touchpoints ? How about Cross Media Effects?   How to make sure that I deliver a consistent experience to my customers and prospects ?   How can I increase my conversion rate on these digital touchpoints ?   What could I do to maximize my “Earned Media” ?   How can I engage my targets in a real relationship ?   Etc. 9  
  • 10. - How many visitors/fans (reach) -  Who visit (profile) ? - How many pages - Motivations / Expectations ? - How much time -  Quality of experience ? - How many visitors per page -  Impact ? - How much conversion Web  Analy.cs   Web Attitudinal Webtrends,  Omniture,      eStat,  Google  analy.cs,  Hitwise...   The what’s The why’s Best of both worlds to Truly Measure
  • 11. It gets complicated with the different types of touch points… Paid Owned Website, Mini website, blog, sponsorship section 6DCampaign® 6D360® Customers SiteCRM® Experience FanPageCRM® Earned Social
  • 13. 13  
  • 14. The digital funnel: from Impressions to « Expressions »… The digital funnel: Reach Connect Engage Grow Enroll / Spread 14  
  • 15. Coca-Cola Marketing Shifts from Impressions to Expressions (*)   Accept that consumers can generate more messages than you ever could   Develop content that is « Liquid and Linked »   Accept you don’t own your brand; your consumers do   Be a facilitator who manages communities, not a director who tries to control them   Speak up to set your record straight, but give your fans a chance to do it so fist (*)  Joe  Tripodi,  EVP  Chief  Marke.ng  and  Commercial  Officer  of  the  Coca-­‐Cola  Company.  
  • 16.
  • 17. Facebook for Marketers: a new media:   A significant level of audience: + 770 Millions members worldwide   The main center center of attention of Digital Natives (and others)   One or more pages per brand   Questions arise about the value and the need to recruit a lot of Fans?
  • 18.
  • 19. A growing audience Is it worth investing ?
  • 20. 3 dimensions of behavior: Impact Fans CRM profile Beyond sociodemographics data, what customer value? Impact Impact Fans What drivers to commitment ? CRM motivations Business Impact User CRM Which usages and what content to satisfy your fans? experience
  • 21. 3 impact dimensions : Impact CRM Impact on engagement ? CRM Impact Impact Brand CRM Impact Lift on brand image ? Impact Impact Business CRM Business Impact Lift on recommendation and purchase intent ?
  • 22. FanPageCRM: A simple solution to implement (one shot or continuous monitoring) consistent with the social dynamics : Example  on  Kinder  France  Fan  Page  
  • 23. Main Motivations to visit the Fanpage:   To know more about the brand and its products   To be updated about brand events and good deals   To show my friends that « I am a Fan of the Brand »   To provide feedback and insights
  • 24. Social media generates impact: ‘‘ On average 50% of fans have a better opinion of the brand ‘‘ The more engaged they are… the better is their brand opinion…and their top box purchase intent…
  • 25. Do not consider only the number of fans!
  • 26. Fans have a real value for brands….
  • 27. But only when recruited/engaged correctly…All Fans are not created equal (quantity/quality)…
  • 28. Business value Leads Social generation CRM Static Branding Social value
  • 29. The logic of digital touch points performance monitoring 29  
  • 30. Some principles of digital marketing metrics •  Many digital touchpoints are relational: this is a major difference with mass media, this difference directly impacts the metrics you should look at. Do not Just “Count”! Measure Experiences and Engagement! •  Targeting is key: analyze much more in depth the value of the people you reach: they must be really “valuable” to really get you value… •  Analyze in depth their motivations to connect with the brand: it can vary a lot from one brand to the other •  Check in details how content works and delivers the right experience •  Analyze what brings engagement and how your target is engaged: engagement is the initial step to business impact. 30  
  • 31. This applies to all digital touch points: adapt your practices Paid Owned Website, Mini website, blog, sponsorship section 6DCampaign® Customers SiteCRM® 6D360® Experience FanPageCRM® Earned Social
  • 32. http://blog.crmmetrix.com THANK YOU http://twitter.com/#!/crmmetrix http://twitter.com/laurentflores http://www.facebook.com/crmmetrix & Good Luck!  IAE de Paris, January 11th, 2012 Dr Laurent Florès Questions? CRM Metrix - MetrixLab lflores@crmmetrix.com Sur  Twi(er:  #MARKETiae   32