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Mythbusting: Campaign Monitoring & Measurement

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Mythbusting: Campaign Monitoring & Measurement

One of the beautiful things about working in the digital space in that just about everything can be measured. Whether you’re sending an email, live-tweeting an event, or launching a brand new website, you can (and should) monitor your performance so you know what’s working and what isn’t for your audiences.

With so much data available, and so many tools you can use to assess it, measuring and monitoring can be intimidating. But worry not, because our Deputy Director of Communications Marc Abanto and Senior Digital Analyst Maureen McNally bust a few myths about data, and talk about setting goals and measuring success, in their recent presentation at the Public Affairs Council:

One of the beautiful things about working in the digital space in that just about everything can be measured. Whether you’re sending an email, live-tweeting an event, or launching a brand new website, you can (and should) monitor your performance so you know what’s working and what isn’t for your audiences.

With so much data available, and so many tools you can use to assess it, measuring and monitoring can be intimidating. But worry not, because our Deputy Director of Communications Marc Abanto and Senior Digital Analyst Maureen McNally bust a few myths about data, and talk about setting goals and measuring success, in their recent presentation at the Public Affairs Council:

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Mythbusting: Campaign Monitoring & Measurement

  1. 1. © Blue State Digital | Proprietary and Confidential Campaign Monitoring & Measurement 1© Blue State Digital | Proprietary and Confidential
  2. 2. © Blue State Digital | Proprietary and Confidential 1. Introductions 2. State of Digital Measurement 3. Goals and KPIs © Blue State Digital | Proprietary and Confidential 2 Agenda and Introductions
  3. 3. © Blue State Digital | Proprietary and Confidential 1 A little bit about us and BSD! © Blue State Digital | Proprietary and Confidential 3
  4. 4. © Blue State Digital | Proprietary and Confidential Hi, I’m Maureen McNally. Senior Digital Analyst @mhmcnally A little bit about us and BSD! 4
  5. 5. © Blue State Digital | Proprietary and Confidential Hi, I’m Marc Abanto. Deputy Director, Communications @MAbanto A little bit about us and BSD! 5
  6. 6. © Blue State Digital | Proprietary and Confidential Hi, I’m Maureen. Senior Digital Analyst @mhmcnally Introductions 6
  7. 7. © Blue State Digital | Proprietary and Confidential Hi, I’m Maureen. Senior Digital Analyst @mhmcnally Introductions 7
  8. 8. © Blue State Digital | Proprietary and Confidential Hi, I’m Marc. Deputy Director, Communications @MAbanto Introductions 8
  9. 9. © Blue State Digital | Proprietary and Confidential Hi, I’m Marc. Deputy Director, Communications @MAbanto Introductions 9
  10. 10. © Blue State Digital | Proprietary and Confidential We partner with brands, nonprofits, and advocacy groups to help them build communities and mobilize action. A little bit about us and BSD! 10
  11. 11. © Blue State Digital | Proprietary and Confidential 2 The state of digital measurement © Blue State Digital | Proprietary and Confidential 11
  12. 12. © Blue State Digital | Proprietary and Confidential Monitor mon·i·tor ˈmänədər/ To observe and check the progress or quality of (something) over a period of time; keep under systematic review. The state of digital measurement 12
  13. 13. © Blue State Digital | Proprietary and Confidential Measure meas·ure /ˈmeZHər/ To ascertain the extent, dimensions, quantity, capacity, etc., of, especially by comparison with a standard. The state of digital measurement 13
  14. 14. © Blue State Digital | Proprietary and Confidential There is A LOT of data to monitor and measure in the digital space. The question is... The state of digital measurement 14
  15. 15. © Blue State Digital | Proprietary and Confidential How do you read the signal through the noise? The state of digital measurement 15
  16. 16. © Blue State Digital | Proprietary and Confidential ● Step 1: Develop your goals ● Step 2: Identify the blips and the trends ● Step 3: Optimize, optimize, optimize The state of digital measurement 16
  17. 17. © Blue State Digital | Proprietary and Confidential 3 Goals and KPIs © Blue State Digital | Proprietary and Confidential 17
  18. 18. © Blue State Digital | Proprietary and Confidential So you’re developing digital goals online. How do you go from this... Goals and KPIs 18 Email open rate Email click rate Conversion rate Unsubscribe rate Total donations Dollars raised Average gift size Total actions taken Retweets @Mentions Engagement rate Impressions Likes Comments Shares Link Clicks Video Views Cost per click Cost per impression Cost per follower Cost per acquisition Reach Bounce Rate Time on site Average # of page views Average # of pages Sessions Unique users Hearts Snapchat views Pinterest repins Action rate
  19. 19. © Blue State Digital | Proprietary and Confidential To this: Goals and KPIs 19 Email open rate Email click rate Conversion rate Unsubscribe rate Total donations Revenue Average gift size Total actions taken Retweets @Mentions Engagement rate Impressions Likes Comments Shares Click Rate Video Views Cost per click Cost per impression Cost per follower Cost per acquisition Reach Bounce Rate Time on site Average # of page views Average # of pages Sessions Unique users Hearts Snapchat views Pinterest repins Action rate
  20. 20. © Blue State Digital | Proprietary and Confidential Separate the KPI facts from the KPI myths with a new edition of: Goals and KPIs 20
  21. 21. © Blue State Digital | Proprietary and Confidential Goals and KPIs 21 Myth 1: Everyone, despite vertical, should be using the same set of key performance indicators (KPIs).
  22. 22. © Blue State Digital | Proprietary and Confidential Busted! Organizations could have similar KPIs depending on the goals of their digital programs, but there is no such thing as “one size fits all” KPIs. The constants should be making sure your digital goals and KPIs mirror offline work, and revisiting them often to ensure they still adequately track back to what you want to be doing online. Goals and KPIs 22
  23. 23. © Blue State Digital | Proprietary and Confidential Goals and KPIs 23 Myth 2: Conversion rate is the most important KPI across all platforms.
  24. 24. © Blue State Digital | Proprietary and Confidential (Mostly) CONFIRMED “Conversion rate” can mean a lot of different things depending on the medium. If you need your audiences to be taking an action, conversion rate is certainly important, but there are circumstances (rapid response being the one that immediately comes to mind) where it may need to take a back seat to other metrics. Actionless digital is also coming into vogue again—especially on email. If your goal is to get eyes on your content, conversion rate is an inadequate metric. Goals and KPIs 24
  25. 25. © Blue State Digital | Proprietary and Confidential Goals and KPIs 25 Myth 3: When fundraising, revenue is the only KPI that matters.
  26. 26. © Blue State Digital | Proprietary and Confidential Busted! Raising money online begins with creating relationships with your audiences. “Revenue” is not a KPI for relationship building, and if dollars raised is the only thing you care about, your supporters are going to have a bad time. There are many roads traveled to raising money. Your KPIs should cover all of those roads so that you are putting as many people as possible in the appropriate mindset for being asked for money. Goals and KPIs 26
  27. 27. © Blue State Digital | Proprietary and Confidential Goals and KPIs 27 Myth 4: Open and click rates are the key metrics for all email programs.
  28. 28. © Blue State Digital | Proprietary and Confidential Busted! Open and click rate can give you valuable information about your email list and the content they like to receive. However, on their own, they are vanity metrics. Conversion and engagement rates are better indicators of whether or not your email program is working. This is especially true when running tests with your email program. Beware of declaring winners based only on open and click rate, without considering what actually caused people to do what you need them to do. Goals and KPIs 28
  29. 29. © Blue State Digital | Proprietary and Confidential Goals and KPIs 29 Myth 5: On social media, engagement is more important than reach.
  30. 30. © Blue State Digital | Proprietary and Confidential Confirmed! Social media success is being tied more and more to the quality of the post, and engagement metrics measure quality more so than reach metrics. Many organizations are also putting more and more money into promoting content. On sites like Facebook, paid promotion is for all intents and purposes a necessity. Being smart with that budget means paying attention to whether or not it’s creating the type of engagement necessary to build a vibrant community. Goals and KPIs 30
  31. 31. © Blue State Digital | Proprietary and Confidential Goals and KPIs 31 Myth 6: I should keep a close eye on our competitors’ performance.
  32. 32. © Blue State Digital | Proprietary and Confidential Busted! Remember, your community signed up to hear from you. So if you’re working with finite resources (and lets face it, we all are), then there are better ways to use these resources than monitoring what your competitors are doing. Besides, your own historical data is a much better benchmark of success and progress than anything they are doing. Goals and KPIs 32
  33. 33. © Blue State Digital | Proprietary and Confidential You probably know these: ● Google Analytics ● Facebook Insights and Twitter Analytics ● Quantcast ● Google Consumer Survey ● Klear.com ● FollowerWonk Goals and KPIs 33 Tools to monitor and measure: We also use these: ● Crimson Hexagon ● Traackr ● SimilarWeb ● Rival IQ ● SimplyMeasured ● Curalate
  34. 34. © Blue State Digital | Proprietary and Confidential Ask us anything. sales@bluestatedigital.com © Blue State Digital | Proprietary and Confidential 34

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