Many marketers are still playing “Where’s Waldo” when it comes to measuring the real ROI of content. That’s because they start thinking about it too late in the process.
In this B2B Content Hacks session, Marketo’s Heidi Bullock reveals the secret to achieving actionable insight into content ROI.
5. @uberflip#ContentHacks !
MEET THE EXPERT
Heidi Bullock
Marketo
Street Cred:
• I am an expert because I do this every day for my job. At
Marketo we are very metrics driven so we have measured the
impact of content for a long.
• I learned my hacks definitely through necessity. I have to
illustrate how we spend our dollars so I am always thinking
about how to show results. I also love seeing how other
marketers measure as well – so I look at articles and blogs
online a lot.
• I kick butt because I don’t just talk the talk but I walk the walk!
I am not just talking about how to do these hacks, I really use
them.
9. @uberflip#ContentHacks !
Content is used across channels and
programs to drive initiatives
Demand !
Generation!
Brand Awareness!
Customer Retention! Sales!
11. @uberflip#ContentHacks !
1. Protect your budget for
content initiatives
2. Create the case for more
budget for new content
projects
3. Keep or bring on additional
resources
Why should you care?
19. @uberflip#ContentHacks !
When Metrics Take Away Credibility!
Vanity Metrics
Sound good and impress
people, but don’t measure
impact on revenue or
profitability.!
Activity Metrics
Measure what you do
instead of what results and
impact you have.
20. @uberflip#ContentHacks !
When Metrics Take Away Credibility
Cost Metrics
Frame marketing in terms
of cost and spending
instead of results and
outcomes.
21. @uberflip#ContentHacks !
The best event programs incorporate intentional !
measurement strategies in advance.!
Success Secret #2: Set Goals Upfront
eBook is launched!
Measure Initial
Program Successes:!
Blog social shares!
Watching video!
Download of eBook!
Google Analytics
Analysis !
First and Multi-Touch Pipeline associated with
content asset!
Revenue Won!
Jan! Feb! Apr! May! June!
22. @uberflip#ContentHacks !
Success Secret #3: Terminology
1. Do not use cost metrics!
2. Be consistent!
3. Remember who you are talking to!
!
Wow, our
engagement,
likes, and Klout
have never
looked better!!
What are they
##$%^ talking
about?!
sales! marketing team!
24. @uberflip#ContentHacks !
1. Collect the right data to answer your
question
2. Add tags to measure
3. Think about setting goals in GA
4. Consider content grouping to see what
topics perform the best
5. Look at the landing pages report
6. Look at page views
7. Consider attribution modeling to see
where content plays a role
If you don’t have MA, you better
have GA!
Source: http://www.jeffalytics.com/google-analytics-tips-measuring-content/!
25. @uberflip#ContentHacks !
Success Secret #5: Have defined
metrics for clearly evaluating content
Early !
1!
• Lift in website traffic, new visitors, social
shares, referring domains, form fill outs,
comments and site interactions!
2!
• Subscription to email or RSS, new names, %
new names per program !
3!
• # Leads (right demographics, desired
behavior), investment per lead!
4!
• Engagement score for set of programs per
month!
1!
• # of opportunities!
2!
• First Touch Ratio !
3!
• Multi Touch Ratio!
4!
• Pipeline !
!
Late!
30. @uberflip#ContentHacks !
Do not just jump to content tactics…
ebooks!
blog!
webinars!
SlideShare!
white papers!
infographics!
I just love
infographics! !
32. @uberflip#ContentHacks !
Content Marketing Goal! Related Metrics!
Drive thought leadership! Ex: Klout, pr mentions, increase in social (Twitter,
FB), web traffic spikes post initiative!
Increase brand awareness!
!
Ex: share of voice (can measure share of traffic),
increase in social (Twitter, FB)!
Lead generation !
!
Ex: Increase in key metrics (tofu, mofu, bofu) -> #
downloads, # leads, # opps!
Customer acquisition! Ex: # new customers, time to acquire!
Customer retention / loyalty! Ex: NPS, #existing customers, renewals, turnover !
Set and prioritize your goals
33. @uberflip#ContentHacks !
Asset! Stage! Programs ! Measurement!
1 month! 3 months ! 6 months!
Top 10 Reasons to
Consider MA Asset!
Mid -
Stage!
Nurturing – mid stage
track!
Engagement
Score >90!
6 MT opps! 18K MT pipeline!
Website! Form fill outs!
on website - 1000!
10 FT opps, 14
MT opps!
30K FT pipeline,
42K MT pipeline!
PPC!
!
Form fill outs -
1500!
4 FT opps, 10 MT
opps!
12K FT pipeline,
30K MT pipeline!
Retargeting campaigns
– lead score >50!
Form fill outs - 300! 5 MT opps! 15K in MT
pipeline!
Enterprise field event
follow up !
Email ctr 2% - 100
form fill outs!
4 MT opps! 100K in MT
pipeline!
Demand Gen Example Detailed
37. @uberflip#ContentHacks !
• Which content assets work best for you at TOFU, MOFU, BOFU
• What blog post topics have the best engagement?
• Which content assets are best performing for a particular vendor
(ex: paid email, paid webinar)?
• Which assets are good for bringing in qualified leads?
• Which assets are good for opportunity creation?
• What content works best in nurturing?
Example Questions
42. @uberflip#ContentHacks !
Know what is effective at
TOFU vs. MOFU
Page! FT Revenue! MT Revenue!
Asset A! $410,000! $525,000!
Asset B! $320,000! $903,000!
Asset C! $325,000! $117,000!
More efficient at
pushing leads
through funnel!
More efficient at
acquiring the right
leads!
49. @uberflip#ContentHacks !
Goals: Brand awareness, lead generation
Metric: blog share index and MT pipeline
Timing: blog shares (month), MT pipeline (3 months)
Questions:
• Which post has the highest engagement for the month?
• How did it compare on the Index?
• How many new names did a particular post bring in?
• Did this content help create pipeline?
• Which post had the best ROI?
Blog Posts
50. @uberflip#ContentHacks !
1. Create an index
2. Compare to posts from previous
year (same month)
3. Compare with posts in current
month
One Method – Early Measurement
80 = great!
70!
60!
50 = average!
40!
30!
20 = not so
great!
51. @uberflip#ContentHacks !
Early Stage Assessment
How are we
doing
compared to
last year at this
time?!
How are we
doing
compared to
other posts
this month?!
52. @uberflip#ContentHacks !
Later Stage Assessment!
Shares! Index! New
Names!
Pipeline!
1.3K
shares!
60 – for
this
month!
100! 50K MT
pipeline!
!
time!
53. @uberflip#ContentHacks !
How was engagement?!
!
1.3K shares!
How did it compare to other posts (using
the Index)?!
!
60 – above average for month
42 – not above average
compared to last year!
How many new names did a particular
post bring in?!
100!
Did this content help create pipeline?! 50K MT pipeline!
Performance
55. @uberflip#ContentHacks !
Which post has the highest engagement for the month?!
!
Personalized Web Engagement!
How did it compare to other posts (using the Index)?!
!
60 – highest for the month!
How many total new names were generated?! 400!
How much total pipeline?! $120K- MT !
Which post had the best ROI?! How Marketing Automation Powers Small
Teams - $80K MT !
Performance
58. @uberflip#ContentHacks !
• Goal: Brand awareness and lead generation
• Metric: engagement with C- level, new names, pipeline
• Timing: month one, three months out, 1 year
• Questions:
• Did we create C-level engagement?
• Did this topic resonate with our target audience?
• Did this post bring in any news names?
• Did this content help create pipeline?
• What were the top performing channels?
• How did the program do overall wrt to pipeline?
!
Large
Content
Initiative
60. @uberflip#ContentHacks !
Early Stage Assessment
Early Indicators! Metric! Comments! Rating!
Engagement! 1.3K shares! Above our
standard index of
50!
New Names!
!
2309! $17 / new name –
this is reasonable!
Did it resonate with our target
audience (C-level marketers)?!
!
% of names
– C level !
50% were VP or
above, good!
!
!
!
61. @uberflip#ContentHacks !
Later Stage Assessment
Late Indicators! Metric! Comments! Rating!
FT Pipeline! $1.04M! 26 FT ratio –
good ROI!
MT Pipeline! $2.34M! 59 FT ratio –
good ROI!
!
Closed Won $ (FT)! $455K! 10x - positive! !
!
!
62. @uberflip#ContentHacks !
Top Performing Channels! Revenue Won!
Webinar - sponsored! $350K!
Email - Marketo database! $25K!
Email - sponsored! $22K!
Social - paid! $15K!
All others! $43K!
Top Performing Channels
63. @uberflip#ContentHacks !
Did we create C-level engagement?!
!
Yes – 50% of new names were VP and
above!
Did this topic resonate with our target
audience?!
!
Yes – 1.3K shares, above our index for the
month!
Did this post bring in any news names?!
!
Yes -2,309!
Did this content help create pipeline?!
!
Yes - $1.04M -FT, $2.34M- MT !
What were the top performing channels?!
!
Webinar!
How did the program do overall wrt to pipeline?!
!
10x ROI!
Performance
64. @uberflip#ContentHacks !
Content ROI: The Magic 3
1.
Establish
Goals
and
ROI
Es3mates
Up-‐Front
2.
Design
Programs
to
Be
Measurable
3.
Focus
on
the
Decisions
that
Improve
ROI
65. @uberflip#ContentHacks !
• Content fuels EVERYTHING!
• Utilize your content on every channel – get
the word out!!
• Set goals upfront and make your content
trackable to measure against your goals!
• Identify which content pieces work for
each stage of the funnel (TOFU vs. MOFU
vs. BOFU)!
@heidibullock!
Key Takeaways