mediacom - introduction
DESCRIPTION
Marketing Effectiveness in the Data AgeTRANSCRIPT
What Works Now?
Marketing Effectiveness
in the Data Age
3rd November 2011
MediaCom Business Science : An expanding
network of over 130 employees in 14 offices
• UK centre of excellence – 45 Econometricians
• Evaluating over £850m worth of billings in the UK
The media picture 16 years ago……
And the number of communications consumers
are exposed to has exploded
Source: Luma Partners 2011
Econometrics has become the accepted solution
to measuring communications effectiveness
Weeks
Using analytics to address our clients’ key
business challenges… Complex
Simple
Tactical Strategic
How much should we
spend next year; and how?
How much should we
spend in digital?
How much are we
spending this quarter?
How do we know what DR
is really contributing?
Can we optimise TV
schedules to drive web visits?
Which months are
the most efficient?
Please optimise the media
mix and implementation
What return could I expect
from a new product?
How should we allocate
spend across the portfolio?
How much should we spend on
comms in the next three years?
What is the cost/
benefit of branding? Which message is the
most appealing?
Which retail locations appear
the most appealing?
Are we on track to hit
our targets?
It’s crucial that communications performance is
measured through a holistic approach that takes
into account offline influences
Purchase
Typical path to conversion analysis
Generic search Aggregator Display Brand search
Path 1
Path 2
X No purchase
Continuing to develop our evaluation techniques
to ensure we capture all communication channels
is crucial
And over the last few years we’ve built strong
experience on the effectiveness of areas such as
content activation
-
50
100
150
200
250
300
350
400
450
Ind
ex
of
Sp
on
so
rsh
ip R
OI
vs
TV
Sp
ot
RO
I
Content Properties
Business Science database of 42 Content examples examples ROI Index v. that brand’s ROI for TV Advertising
Average = 140
Content activation ROI 40% higher than TV ROI
Source: MediaCom Business Science benchmarks
Defining the KPIs for each piece of activity is key
Facebook fans
Video views
Likes/comments/interactions
Buzz/Sentiment/Brand monitor
Downloads/ratings/apps
Followers
Awareness/consideration
Brand image
Searches
Clicks
Dwell times
Web visits
Vouchers/redemptions
Competition entries
Calls
Sales
Retention
The future for media targeting and measurement will be
through more granular information potentially through single
source measurement
Today you’ll hear the views of some of the industries
experts on where the future of marketing effectiveness is
headed
Clare Newman Head of Business Science EMEA
Justin Armsworth Head of Marketing Services Scotland
David Lovie Principal Consultant
Mark Riseley Group Product Marketing Manager EMEA
John Thekanady Head of Client Services
Peter Field Consultant