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Providing Business Value With Digital
Bridge Worldwide Measurement Discussion
Digital Measurement Discussion - Agenda

1.   The Way It Is

2.   The Way It Should Be

3.   How To Get There

4.   How We Can Help

5.   Getting Started
Consumers Are Comfortable With Digital Media
The Marketer’s Digital Challenge:
More Important, But More Confusing!

                                         We Hear Common Trends:

                                         • I Saved My Budget, But Where
                                           Should I Spend It?

                                         • Which Emerging Capabilities Are
                                           Right For My Brand?

                                         • How Can I Better and More
                                           Quickly Act On The Data?




42% of marketers are dissatisfied with ROI measurements and metrics
                         – up 7 percent Y/Y

                                    Source: ANA/MMA study of 200 senior marketers from member companies
                                             including IBM, Coca-Cola, Microsoft, ING, and Nestlé USA (2007)
Marketers Struggle With Measurement In Four
Fundamental Ways
                                      Action without data
                                      •   High-level goals without
                                          supporting metrics to define them
                                      •   Measurement intended, but not
                                          delivered (technology, budgets…)




Context without action                                                        Data without insight
•   No plans for improvement,                                                 •   Unread reports (everyone gets
    continue as before                                                            seven…)
•   Actions “miss the window” to be                                           •   Data used to justify current
    effective                                                                     activities, vs. guiding new ones




                                      Insight without context
                                      •   Confusion on which measures are
                                          “right” and deserve focus –
                                      •   Little proven business value from
                                          web behaviors (“engagement”)
“Informed
decision-making
comes from a long
tradition of
guessing, and
then blaming
others for
inadequate
results.”
– Dilbert
The Result: Indefensible Spend on Marketing




                                   86% of Global C-Level
                                   Execs Assign Marketing
                                   Budgets Qualitatively

                                   Even Worse, 62% Of Those
                                   Execs Are Slashing Their
                                   Marketing Budgets In 2009




                          Source: 2009 McKinsey & Company Survey of 529 C-level executives globally
Meanwhile, Digital Continues To Evolve..

                                             Rising Costs and
2013     Recall Every
                                             Complexity
        Waking Moment


                                  Semantic                 Increased Expectations
                                    Web                    of ROI
2009   E-Promotions

                         Mobile
                                              Behavioral
                                              Modeling
2005   Search                 Social Media

                  Syndication         Sharing       Immersive
                                                       UI
                          eCommerce      Video
       Websites
2001
                               Email       Social   Social
                iMedia       Newsletters Commerce Commerce
... and Keeping Up Becomes Increasingly Complex

•What To Measure?
 - Behaviors, Outcomes, Impact


•Where To Measure?
 - iMedia, Mobile, Search, Social Networking, Video…


•When To Measure?
 - Pre-Market, In-Market, Post-Market


•How To Measure?
 - Tools, Budget, Methodology
It’s Time to Get Serious About
Measuring Digital Impact
The Way It Should Be:
Our Beliefs

1.   Measurement should be holistic, insightful, and actionable.

2.   Marketers should integrate digital measurement into their objectives to
     optimize business decisions.

3.   Decisions should be based on clear, objective results, and
     complemented with smart business instinct.
How To Get There:
A Framework For Digital Measurement


                                        • Implementing Tools And Policies
                           Automation     That Optimize For You


                                        • Planning And Refining The
                    Optimization          Experience For Improved Impact


                                        • Translating Behaviors Into
              Business Measurement        Business Outcomes And Impact



                                        • Capturing, Integrating And
       Digital Analytics                  Reporting Behaviors On The Web
The Framework Helps Grow Relationships

                                          Relationship Analogy

                                          • Anticipate Changes Based on
                             Automation     Mutual Experience


                                          • Try Ways To Grow and Improve
                      Optimization


                Business Measurement      • Discover What’s Really Important



                                          • Listen and Observe Each Other
         Digital Analytics
How Marketers Should Use The Framework – Examples

                                   Example Marketer            Resulting Marketer
                                   Activities                  Benefits
                                   • Defining Business         • Compounded Impact From
                                     Rules                       Reduced Expenses And
                      Automation   • Deciding on Tools           Incremental Revenues


                                   • Multivariate Testing      • Improved Customer
                                   • Scenario Planning           Experiences
                 Optimization                                  • Marketing Spend Effectiveness

                                   • Aligning Metrics To       • Know Which Programs And
                                     Business Objectives         Customers Drive Impact
          Business Measurement     • Assessing ROI             • Eliminate Unnecessary
                                                                 Programs
                                   • Creating Measurement      • One Place To Clearly Track
                                     Plans                       Progress and Gauge
      Digital Analytics            • Establishing Integrated     Performance
                                     Dashboards
How We Can Help:
Supporting Services From Bridge Worldwide
                                        Supporting Services

                                        • Automated Personalization
                           Automation

                                        •   Site Optimization
                                        •   E-mail Design And Subject Line Optimization
                    Optimization        •   A/B And Multivariate Testing And Analysis
                                        •   Predictive Forecasting

                                        • KPI’s/Dashboards, Digital And Cross-channel
                                        • Market Mix Modeling Support/Consulting
              Business Measurement
                                        • Program/Campaign ROI Analysis


                                        •   Campaign Analysis
                                        •   Web Reporting/Scorecards
       Digital Analytics                •   Site Surveys
                                        •   Media Reporting
At Bridge, Strategy and Measurement Are One



                        We marry measurement with strategy, and
                        lead clients to smarter business decisions.

                        Our client backgrounds lead to better
                        understanding, simpler discussions, and
                        more actionable recommendations.

                        We use insights from analytics to make
                        the relationships between our clients and
                        their customers more meaningful.
And We Have Partners Who Can Help…
• Bridge Worldwide is part of the WPP Group network, the largest agency holding company in
  the world with more than 2,000 offices in 106 countries.
• For situations where particular expertise is needed, Bridge will be a single-point of contact to
  bring in niche partners. Some examples:
Getting Started

• Free analysis of current
  measurement activities against
  measurement framework
                                                       Automation
• Includes recommendations on
  simplifying your measurement
  initiatives to drive business                  Optimization
  value from digital marketing
                                          Business Measurement



                                   Digital Analytics
BWW Measurement Services: Our Impact




                          Leading Clients To The Right
                          Spend On Digital
                          •The Right Budget
                          •The Right Mix
                          •The Right Changes Over Time
Thank you




Michael Stich
Director of Strategic Planning
Bridge Worldwide
m.stich@bridgeworldwide.com

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Providing Business Value With Digital - Bridge Worldwide Measurement Services Overview - non-NDA version

  • 1. Providing Business Value With Digital Bridge Worldwide Measurement Discussion
  • 2. Digital Measurement Discussion - Agenda 1. The Way It Is 2. The Way It Should Be 3. How To Get There 4. How We Can Help 5. Getting Started
  • 3. Consumers Are Comfortable With Digital Media
  • 4. The Marketer’s Digital Challenge: More Important, But More Confusing! We Hear Common Trends: • I Saved My Budget, But Where Should I Spend It? • Which Emerging Capabilities Are Right For My Brand? • How Can I Better and More Quickly Act On The Data? 42% of marketers are dissatisfied with ROI measurements and metrics – up 7 percent Y/Y Source: ANA/MMA study of 200 senior marketers from member companies including IBM, Coca-Cola, Microsoft, ING, and Nestlé USA (2007)
  • 5. Marketers Struggle With Measurement In Four Fundamental Ways Action without data • High-level goals without supporting metrics to define them • Measurement intended, but not delivered (technology, budgets…) Context without action Data without insight • No plans for improvement, • Unread reports (everyone gets continue as before seven…) • Actions “miss the window” to be • Data used to justify current effective activities, vs. guiding new ones Insight without context • Confusion on which measures are “right” and deserve focus – • Little proven business value from web behaviors (“engagement”)
  • 6. “Informed decision-making comes from a long tradition of guessing, and then blaming others for inadequate results.” – Dilbert
  • 7. The Result: Indefensible Spend on Marketing 86% of Global C-Level Execs Assign Marketing Budgets Qualitatively Even Worse, 62% Of Those Execs Are Slashing Their Marketing Budgets In 2009 Source: 2009 McKinsey & Company Survey of 529 C-level executives globally
  • 8. Meanwhile, Digital Continues To Evolve.. Rising Costs and 2013 Recall Every Complexity Waking Moment Semantic Increased Expectations Web of ROI 2009 E-Promotions Mobile Behavioral Modeling 2005 Search Social Media Syndication Sharing Immersive UI eCommerce Video Websites 2001 Email Social Social iMedia Newsletters Commerce Commerce
  • 9. ... and Keeping Up Becomes Increasingly Complex •What To Measure? - Behaviors, Outcomes, Impact •Where To Measure? - iMedia, Mobile, Search, Social Networking, Video… •When To Measure? - Pre-Market, In-Market, Post-Market •How To Measure? - Tools, Budget, Methodology
  • 10. It’s Time to Get Serious About Measuring Digital Impact
  • 11. The Way It Should Be: Our Beliefs 1. Measurement should be holistic, insightful, and actionable. 2. Marketers should integrate digital measurement into their objectives to optimize business decisions. 3. Decisions should be based on clear, objective results, and complemented with smart business instinct.
  • 12. How To Get There: A Framework For Digital Measurement • Implementing Tools And Policies Automation That Optimize For You • Planning And Refining The Optimization Experience For Improved Impact • Translating Behaviors Into Business Measurement Business Outcomes And Impact • Capturing, Integrating And Digital Analytics Reporting Behaviors On The Web
  • 13. The Framework Helps Grow Relationships Relationship Analogy • Anticipate Changes Based on Automation Mutual Experience • Try Ways To Grow and Improve Optimization Business Measurement • Discover What’s Really Important • Listen and Observe Each Other Digital Analytics
  • 14. How Marketers Should Use The Framework – Examples Example Marketer Resulting Marketer Activities Benefits • Defining Business • Compounded Impact From Rules Reduced Expenses And Automation • Deciding on Tools Incremental Revenues • Multivariate Testing • Improved Customer • Scenario Planning Experiences Optimization • Marketing Spend Effectiveness • Aligning Metrics To • Know Which Programs And Business Objectives Customers Drive Impact Business Measurement • Assessing ROI • Eliminate Unnecessary Programs • Creating Measurement • One Place To Clearly Track Plans Progress and Gauge Digital Analytics • Establishing Integrated Performance Dashboards
  • 15. How We Can Help: Supporting Services From Bridge Worldwide Supporting Services • Automated Personalization Automation • Site Optimization • E-mail Design And Subject Line Optimization Optimization • A/B And Multivariate Testing And Analysis • Predictive Forecasting • KPI’s/Dashboards, Digital And Cross-channel • Market Mix Modeling Support/Consulting Business Measurement • Program/Campaign ROI Analysis • Campaign Analysis • Web Reporting/Scorecards Digital Analytics • Site Surveys • Media Reporting
  • 16. At Bridge, Strategy and Measurement Are One We marry measurement with strategy, and lead clients to smarter business decisions. Our client backgrounds lead to better understanding, simpler discussions, and more actionable recommendations. We use insights from analytics to make the relationships between our clients and their customers more meaningful.
  • 17. And We Have Partners Who Can Help… • Bridge Worldwide is part of the WPP Group network, the largest agency holding company in the world with more than 2,000 offices in 106 countries. • For situations where particular expertise is needed, Bridge will be a single-point of contact to bring in niche partners. Some examples:
  • 18. Getting Started • Free analysis of current measurement activities against measurement framework Automation • Includes recommendations on simplifying your measurement initiatives to drive business Optimization value from digital marketing Business Measurement Digital Analytics
  • 19. BWW Measurement Services: Our Impact Leading Clients To The Right Spend On Digital •The Right Budget •The Right Mix •The Right Changes Over Time
  • 20. Thank you Michael Stich Director of Strategic Planning Bridge Worldwide m.stich@bridgeworldwide.com