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The ROI of content marketing

Director of Marketing Strategy | Member of the BMC Executive Council
10 de Sep de 2015
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The ROI of content marketing

  1. THE ROI OF CONTENT MARKETING PAUL EVERETT, DIRECTOR,THE MARKETING PRACTICE @TMPEverett High PerformanceContent,The Ivy, 9 September 2015
  2. THE ROI OF CONTENT MARKETING Why are we doing content marketing? Examples of ROI measurement Tactics for improving ROI INTRODUCTION
  3. 1.WHY AREWE DOING CONTENT MARKETING?
  4. 1.WHYCONTENT? OBJECTIVES OF CONTENT MARKETING Typical strategic objectives: - (re)Positioning the business to increase conversion, lifetime value and customer retention - Engaging with buyers who are researching online and pulling them into the sales process (content replacing the sales team) - Impact on other audiences (analysts, press, current/future employees) - Because everyone else is doing it? But measurement is still mostly at the tactical level… - Consumption (views, time on page) - Reach/sharing - 1st step lead generation …not great indicators of quality
  5. A LONGERTERM INVESTMENT IN GROWING PROFIT 1.WHYCONTENT? • IPA Databank • 996 case studies • 30 years of the IPA Effectiveness Awards
  6. A LONGERTERM INVESTMENT IN GROWING PROFIT 1.WHYCONTENT? 31% 40% 86% % reporting very large profit growth as a result of their campaign Very large improvement in both Very large improvement in price only Very large improvement in sales/share only Most marketing focuses on measuring growth in revenue, but we also need to build the reputation that can sustain a higher price point if we want to have a big affect on profit What drives very large profit growth? • Only 31% of those who saw a very large improvement in just their sales (but not the price they can charge) as a result of their campaign delivered a very large rise in profit • 40% of those who saw a very large improvement in just the price they can charge (but not in their sales) delivered a very large rise in profit • 86% of those who saw a very large improvement in both sales and price delivered a very large rise in profit • So if we want to have a major impact on profit, we need to drive demand and also build a reputation that can sustain a higher price point
  7. This is not a short term thing A LONGERTERM INVESTMENT IN GROWING PROFIT 1.WHYCONTENT?%reportingverylargesales growth Volume growth can be immediate Campaign duration 3 months 6 months 1 years 2 years 3 years 23 % 28 % 33 % 34 % 36 % Price effects take time Campaign duration 3 months 6 months 1 years 2 years 3 years 0% 1.7 % 1.8 % 2.9 % 3.1 % %reportingverylargeprice effects Profit takes time to fully realise Campaign duration 3 months 6 months 1 years 2 years 3 years 4% 8% 9% 14 % 15 % %reportingverylarge profitgrowth
  8. 2. MEASUREMENT IN ACTION
  9. 2.ROIEXAMPLES ITSMA SURVEY: 2015 MEASURING AND COMMUNICATING MARKETING IMPACT http://www.itsma.com/research/itsma-online-survey-communicating-marketings-impact-roi-c-suite/
  10. 2.ROIEXAMPLES ITSMA SURVEY: 2015 MEASURING AND COMMUNICATING MARKETING IMPACT Majority of current measurement (quarterly) Best sources of content ROI
  11. EXAMPLES: CONTENTTHROUGHTO RESULTS AXA Wealth Growing business 3x more with companies who engage with content than those who don’t. Capgemini Expert Connect Sales of EUR6m in 2014, EUR10m expected in 2015. Microsoft/Nokia In decision-makers targeted by content campaign: Consideration increased by a third; Purchase Preference more than doubled. Part of a programme increasing business market share from 11% to 18% and now to 26%. 2.ROIEXAMPLES
  12. 3.TIPS FOR INCREASING ROI
  13. FOURTIPSTO CONSIDER… 1. Use the sales team as a direct channel to market Marketing ownership for social selling programmes: increases the reach of content directly to people the sales team want to influence 2. Closer integration of ‘brand’ content with demand generation and bid support Target content further into the sales process where influence is easier to track 3. Push for more relevant and targeted advertising solutions to promote content (retargeting, IP-based etc) Don’t cut back on promotion budget just because you have made a large investment in content 4. Proving rather than increasing ROI: keep investing in data and systems Decide upfront on how you will track content efforts (not by clicks or likes if your objective was increasing share of wallet or retention!) and ensure your data/systems/reporting roadmap will support those metrics 3.INCREASINGROI
  14. @TMPEverett THANKYOU
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