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Tracking Marketing Effectiveness for Small Businesses “You can’t manage what you can’t measure.” – Peter Drucker Social . Digital . Marketing Analytics

Measuring Marketing Effectiveness - DIGIRINE

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Page 1: Measuring Marketing Effectiveness - DIGIRINE

Tracking Marketing Effectiveness

for Small Businesses

“You can’t manage what you can’t measure.” – Peter Drucker

Social . Digital . Marketing Analytics

Page 2: Measuring Marketing Effectiveness - DIGIRINE

You’re  probably  spending  money  on  areas  that  reap  no  real  return  on  investment.  

Social . Digital . Marketing Analytics

$  

$  

$  

$  

$   $  

$   $  

$  

$  

$  

$  

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Half  the  money  you  spend  on  marke;ng  is  wasted.  The  problem  is,  which  half?  

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?  ?  

?  ?  

Page 4: Measuring Marketing Effectiveness - DIGIRINE

If  only  that  money  can  be  beBer  allocated  to  other  areas  with  proven  marke;ng  effec;veness    

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X  

X  X  The  poten)al  upsides  are  very  handsome  

Page 5: Measuring Marketing Effectiveness - DIGIRINE

Case  Study:  F&B  in  Singapore  

A5er  Tracking  Found  out  that  once  they  stopped  running  Google  Ads,  they  stopped  geMng  reserva;ons  from  the  same  group  of  customers  who  only  

click  on  Google  Ads.    

When  they  stopped  running  ads,  these  customers  clicked  on  compe;tor  ads  instead.    

Having  this  data  prevented  a  27%  dip  in  reserva;ons  every  month.  

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Page 6: Measuring Marketing Effectiveness - DIGIRINE

Case  Study:    Educa;on  Agency  in  Singapore  

Before  Tracking  

Ran  adver;sements  

Sent  out  flyers  

Got  low  volume  of  calls  

Felt  that  marke;ng  was  not  effec;ve  

A5er  Tracking  Discovered  that  most  leads  called  them  

before  and  aVer  working  hours  due  to  the  nature  of  their  industry  (manufacturing).    

As  the  system  tracks  missed  calls,  they  were  able  to  follow  up  on  lost  leads.  

Each  missed  call  was  a  poten;al  loss  of  revenue  of  $20,000.  

Social . Digital . Marketing Analytics

Page 7: Measuring Marketing Effectiveness - DIGIRINE

Case  Study  –  Financial  Services  

•  By  tracking  the  lead  source  for  all  customers  and  then  compu;ng  the  cost  effec;veness  of  each  source,  a  strategy  was  recommended  to  reallocate  adver;sing  dollars  to  the  most  produc;ve  channels  and  sources.    

•  This  allowed  for  a  reduc;on  of  nearly  30%  in  media  spend  with  no  loss  in  lead  count.  

hBp://www.marke;ngperformancegroup.com/case-­‐studies/media-­‐source-­‐tracking  

Social . Digital . Marketing Analytics

Page 8: Measuring Marketing Effectiveness - DIGIRINE

HOW  DOES  IT  WORK?  

•  Call  Tracking  System  •  Online  Enquiry  Tracking  System  •  Sample  Metrics  •  Pricing  •  Contact  

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Page 9: Measuring Marketing Effectiveness - DIGIRINE

1. Number Placement The system assigns a trackable phone number to each of your marketing channel eg Newspaper Ads, Facebook, Google.

2. Inbound Call Data When a customer dials the phone number, the system capture the calls data and forwards the calls seamlessly to your business phone.

3. Reports & Insights Business owners can view their inbound call data real time & derive call trends through the dashboard.

Call  Tracking  System  –  How  it  works  

Page 10: Measuring Marketing Effectiveness - DIGIRINE

Online  Tracking  System  -­‐  How  it  works  

Website  Enquiry  Form  

Google  

Email  Facebook  

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A  unique  link  is  generated  for  each  source.  

As  the  user  clicks  on  the  unique  link  to  make  an  enquiry,  the  users  data  is  captured.  

Page 11: Measuring Marketing Effectiveness - DIGIRINE

Sample  Metrics  -­‐  Calls  

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Page 12: Measuring Marketing Effectiveness - DIGIRINE

Sample  Metrics  –  Enquiries  by  Source  

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Page 13: Measuring Marketing Effectiveness - DIGIRINE

Enquire  Now  

 Unsure  about  the  impact    of  your  marke;ng  efforts?  Losing  marke;ng  dollars?  

 

Enquire  Now:  [email protected]  

Social . Digital . Marketing Analytics